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I am a divorced parent. I paid child support for 13 years. Never more than 2 weeks delinquent (job change) but within 4 weeks was back current again. In addition, I spent hundreds more on my children. The are MY children, so it was not a chore. I was their only help to get though college (3 of them) and was glad to do it. For 11 kid/college years, my ex-wife may have contributed $1,000 total. From 2002 till 2010 inclusive, I had children in college. Two years there were 2 in at the same time. If the middle child had chosen more than 2 years, his third year, all 3 would have been in college at the same time. I have ZERO tolerance for any person of either gender that does not provide for their children. Has it been easy? Raising and providing for my children has been the most difficult thing I have ever done. Do I regret any of it? NNNNNOOOOOOOOO! I dare any of those that are delinquent in their child support to look me in the eye and give me a REAL reason they are not providing for THEIR children!!

If they are covered by a tax treaty, they are entered just like U.S. Social Security, on Line 1 of the worksheet. Whether you consider that an 'override' is up to you.

As George Takei would say, "Ohm, my!"

The way to insult 4 major Sci-Fi groups in one step.

I've actually used the checkbox a few times this year on calls regarding the current year return, AND THE IRS TALKED TO ME!! I couldn't believe it worked.

Am I overthinking this?<< Under-thinking. You have to allocate the $15000 to the individual assets. Inventory first (ordinary income). Then equipment, with recapture of depreciation/179 if applicable. I assume he already allocated the $22000 when he started. Operating losses as such don't change the basis for Schedule C, other than accumulated depreciation. You might need a quick review of Section 195 rules.

Slowly - Yes Surely - That can be debated!!