Pacun

I have purchased a few stock logs booklets and they have extra columns that I don't use. I want something simple like: Date purchased - Date sold - stock name - amount of stock - price purchased - total cost - price sold - amount collected - Profit/loss and notes. Do you know of any company that can make me those booklets?

so, technically, it is a no brainer to make it taxable since the parents return is not negatively affected... only the AOC benefit, correct? At worst, the student would have to pay at parents rate.

If your client is not a World Bank employee exempt from US tax, even though he is not a US citizen or green card holder, if they are present in the US for more than 183 days, they are considered as US residents for tax purposes by meeting the Substantial Presence Test SPT. Therefore, they are required to report worldwide income on his US return. Substantial Presence Test | Internal Revenue Service (irs.gov)

ALL of you should do this to your windows 10 or 11 computer. Run cmd as admin, type sfc /scannow and press enter. (any corrupted file will be replaced) I do this every time I remember maybe once a month. To the poster: Remove ALL your printers from Windows. Restart your computer, install ONLY the printer that you use. Do that for a couple of days and see if there is a different. If you need to install other printers, do one every other day. Also do this: 1. Press Windows Key + R then type services.msc and hit Enter to open the Services window. 2. Scroll down & look for Print Spooler service and then select it. 3. Right-click on Print Spooler service then select Stop. 4. Press Windows Key + E to open File Explorer then navigate to the following folder: C:\Windows\System32\spool\PRINTERS 5. Delete all the files in this folder and then close File Explorer. 6. Go back to the Services window and right-click on Print Spooler service then select Start.

What is this link? an endless loop?

No, I am just making the scholarship taxable so that AOC comes to play.

That's exactly what I did but I think there is a more elegant way of doing it. In any event, the end result is the same. I entered "Less scholarship already reported as income elsewhere in the return" 3,000. And then I entered 3K on Sch 1, other income, SCH 3,000 Thank you.

If I recall correctly, line 7 on 1040 used to dot SCH for taxable scholarship if entered correctly. How do I do that on the new 1040 line 1?

It is interesting to see that if you have profit on a house and you stablish residency on another state where there is no capital gain taxes, you can save about 100K in a million dollars capital gains.

The organization clearly has its income exempted if you are NOT a us citizen or resident. He is a resident based on the days he has being in the US since he doesn't hold a G4 visa, which pretend that you don't "exist" in the US. I am going to send my question to NATP research team and see what they say.

Is the form easy to prepare? I think I have done only one a few years ago.

Venezuelan got advance parole in Colombia and was sponsored by one of his clients. The world bank gave him a job upon arrival and he made $35K. To me he has to file taxes, but he has consulted with the "tax department" of the world bank and has been told that ONLY US Citizens and Legal Permanent Resident ("green card holders") are required to pay taxes on world bank income. That's is correct but the way I interpret it is: If you have a G4 visa through the world bank, the income is not taxable. Any suggestions? I do believe he has to file but my world against the HR department and "tax department" from the world bank is weak.

Married US citizens went to live in Spain 10 years ago and left a house in the care of their three children. Children lived there and maintained it and paid house taxes yearly. Cost of home, $400K sold for $1,200,000. Improvements $100K. So profit was $700K. Their income is only about $10K each in SS. Any breaks on the profits of the house?

Do you know if Tesla's 2023 qualify for the EV credit? I would assume that Tesla has used up the quota a long time ago.

Do a fixed asset and then link it to Schedule F or C as needed. You have the choice of mileage or actual expenses which include depreciation.