TAXMAN

My understanding is its a Schedule C. When I had breeding dogs during the audit she told me they belong on Sch c which is where I put them. Although when done with F and C still had a loss.

Just a side note. My mechanic told me good use cars are selling for 20 to 40% over book value. I attended an auction this past week looking for a good used car for daughter to use at school. Dang it he was right.

Thought: Do we get to the end of the year to clear out our backlog? Without jumping through hoops?

Here is an accident getting ready to happen or maybe already did. Executor's just can't give Estate property away without other heirs approval or bequeathed in the will.

When do you cut off and start sending Ext. I think I will start today. I have about 100 on hold for various reasons.

TP and spouse mfj in 2021. TP deceased 2021. Have a carryover of cg loss that was the TP's(sp not involved). I realize c/o cannot continue onwards. Question is can I take remainder of loss on a joint filed 2021 return? Where do I put it? I am drawing a blank.

I get supplies at Supplies out. Order today by 12 and they be here tomorrow. I am still using my HP 4050 printers. Although had to put a Maintence unit in one in Dec.

I think I would change it to read lower of allowance, FRV, or actual cost. I would think 6K is way to low.

Can somebody recheck me. tp CANNOT due to income have a contribution to Roth this year(2021). However tp put 7k in roth in dec 2021.

Value before 7k was 99699. Value today is 103334. I think TP needs to wd the 7k only. Would you agree?

Great news in todays world. I just found out I am about to become a great-great uncle. I must be getting old as dirt?

I am still inclined to sell @5k recapture 5k. What would you recapture 19k against if the only thing left is land?

Judy is there a way that we can set this subject for future use after tax season?

I was questioning myself since IRS had extend so many dates due to covid and shutdowns I really did not know.

I am incline to leave price at 5k if property was valued at 1m. I too would think that farm house is worthless. Was appraisal a certified one?

Any one know what the latest dates could be for 2018 with a refund. Picked up 2 this week end. I can't seem to find a definitive answer. I did notice TP put in an extension with no balance due. He said prior preparer suggested he do it.

TP full time Correction officer. Days off TP does security patrol for Private stores. Each store paid TP on 1099NEC. Amounts to about 10k. TP is paying SS Tax on this income. Would it also qualify for the QBI deduction? I can't find anything saying no.

TP and spouse have 3 kids. They as mfj do not get any of the wonderful credits. If I split them and give kids to tp and none to spouse but give her 70% of the schedule A, refunds jump about 3k. Can I legally do this?

I think I read on one of the boards or somewhere that if you had a sch C you could get QBI assuming you met the other rules.

I like Gail because I am in VA.

I get Childs written authorization to discuss with parent. 

I filled a 1120s extension. proper 2553 election made during summer. IRS rejected saying extension was not for the ein# assigned. I have a stamped copy saying they had received my 2553. Now what should I do about the extension. I can do what abbynormal suggests. But would efile extension for a 1120 really work for a 1120s?

I have a bunch from sat and sun and still no acks.

I have the same problem. Anyone knows what's going on?

I have same problem.

What was that change. I am like everybody else, pile to go, a lot of missing info.