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Since the grant is directly related to a real estate rental activity, then why not report it on Schedule E and deduct the related grant expenses? As cbslee pointed out, if it involved a farming operation it would go on Schedule F, so why not E (real estate professional or not)?

Exactly how I have handled my 2 bitcoin clients (no dividends). They aren't making $2M...

Yeah, we're not as sleep-deprived as we think we are. Well, maybe we are, but we're not seeing things! Well, maybe we are, but we're not the only one seeing this particular thing...

I get the message every time that I have read the last unread message in the forum. It just happens in the General Chat forum. The error code is 2S136/5.

Transportation is included in support so I would include it. I think.

Margaret, I had not had that problem previously but it did occur just now and identically to what you described.

Age is not considered when checking for HOH. He qualifies for HOH on the info you provided.

That's a brilliant idea. But...there's a setback. Discussing it with my client, I realized that I had misunderstood him. He was not interested in paying social security -- instead, he simply wanted to get the deduction for self-employed health insurance only. I had previously advised he couldn't get it. But, his friendly neighborhood insurance agent (substituting for the infamous "barber") told him he could get it because he routinely sold policies to many other landlords who (unlike him) had no connection to their operations other that collecting the rent, yet they were all happily deducting it with no complaints at all from IRS. I believe that because probably nobody's minding the store at IRS and although I can argue the agent's got a policy sale axe to grind, I can't argue that the other landlords who say yea are lying because they're probably not. What a dilemma! The dopey insurance agent probably thinks he's right, the other landlords are clueless, my client's gullible, and I'm barring the door with ethics (likely known as "that tax guy who doesn't know what you can write off").

The standard deduction for dependents can indeed be up to $12k. The quote from Terry D appears to be from March 2018, before the pubs and instructions were updated to reflect the changes from the TCJA. This from a later version of Pub 501 (underscore added): Standard Deduction for Dependents The standard deduction for an individual who can be claimed as a dependent on another person's tax return is generally limited to the greater of: $1,050, or The individual's earned income for the year plus $350 (but not more than the regular standard deduction amount, generally $12,000.

I would paper file this return with a signed attached statement requesting that the refund be applied to the Trust Fund Taxes. It might work, you have nothing to lose.

No and no.

If the parent(s) could claim the student but do not, the student still cannot claim himself but can claim the nonrefundable AOC. He cannot claim the refundable credit until he qualifies to claim his own exemption.

I have reported Bitcoin Sales for a client. He has been in bitcoin from the beginning. He keeps a spreadsheet of buys/sells (at my request) with dates purchased/sold in the format acceptable by the IRS. I enter summary totals, and I attach his spreadsheet as a .pdf. He has short-term and long-term gain, and he is meticulous about tracking buys/sells (which I think is important). Some of the Bitcoin companies also pay dividends, which I report on Schedule B. I have not had any problems/questions/rejects with this approach, and one year he made over $2mil, so it would have been noticeable. Eager to hear whether I've been handling it the way others would.