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suspended PALs were freed up which is really good, but rental property gain/loss is not considered capital gain/loss?
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I used the disposition part of the Depreciation section to report the sale not the Schedule D.
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My client sold two rental properties and the combination of sale turned into like $27k in loss. The entire loss is being deducted (through schedule 1) instead o...
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No, the country of citizenship is a separate question above that and when I tried to skip the one asking about the country of residency, it gave me an error.
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I'm filing1040NR, and the question I asked is about the1040NR form under Miscellaneous form section.
