Jump to content
ATX Community

I have never seen this before


Karen Lee

Recommended Posts

Sole Proprietor

Adult Family Home

On scheule C has returns and allowances; the R&A is the difference between private pay and medicaid received. OK, I just need to prove that the income received included the private pay figures.

Cash basis

Also, 1099-MISC received for unrelated earnings and is on Line 7, 1040 and Form 8919 added to return for the 1099-MISC. Should cause some serious problems for the organization he worked for.

Real estate taxes and mortgage interest for personal residence and car payments for their children are on the Sch C.

W-2's for owners on "other" adult family homes organized as C Corp....Box 1 wages only and FWH only. No SS or medicare wages or withholdings. It would be interesting to see their personal SS statements.

Since I have made the decision that this is my last tax season, I may just pass on this one and let the previous preparer continune to do this.

Karen

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Restore formatting

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
  • Recently Browsing   0 members

    • No registered users viewing this page.
×
×
  • Create New...