Slippery Pencil

The loss on the 2022 F8995 line 16 gets carried forward to Line 3 on the 2023 F8995. The loss on line 16 of the 2023 F8995 gets carried forward to the 2024 F8995.

Sure he can. I know plenty of kids who graduated w/ an Associates Degree from the local community college the same time they graduated HS.

I'm guessing that makes it a lot messier and thus, a lot more expensive to fix. How much depreciation are we talking about?

I'd use both

Can't start depreciating a 2017 asset this year. Maybe a 3115 for which you'll bill him an arm and a leg.

His name only

I believe you are correct

I'm pretty sure that's not how market discount works, though I could be wrong. But on the consolidated 1099 I have, the interest income for each cusip is less than the market discount for that cusip.

The client will have the refund before the 3911 gets processed. Plus the refund isn't lost, it's delayed due to taxpayer error.

This isn't an adjustment listed on a 1099-INT, there's nothing to combine. It's accrued interest on a 1099B that needs to be deducted from the gain and put on Sch B as interest income.

Did you figure anything out? I have a I have a 1099B with accrued market discount. The adjustment on 8949 removes it from the gain, but I can't see how to get it on the Sch B unless I make a manual entry on a 1099INT.

That's federal law https://www.congress.gov/bill/104th-congress/house-bill/394/text

retrying a few minutes later turning off and on the service in task manager rebooting

I doubt monthly totals matter.

GA starts with fed agi. If there's no add back, it would be excluded. If GA follows fed cap gain rules, since the cap gain isn't taxable on fed, then it wouldn't be taxable on GA.