asked
For a multi-member LLC showing a loss, can I use Section 179 to depreciate the full cost of assets in 2020, or should I take the entire amount as a bonus depreciation, and how would this affect the partners' K-1 forms?
January 19th, 2023
Who do I get in contact with so I can put my direct deposit information if there's another stimulus check instead of getting a check in the mail?
February 25th, 2023
As the noncustodial parent, am I allowed to claim my daughter who I pay child support for and spend significant time with, if the child lives with the other parent the majority of the year?
August 2nd, 2023
I received a 1099-C form for $6,833.47, indicating forgiven debt. I am a 66-year-old female on Social Security living in Oklahoma. What do I need to do with this form for my taxes?
July 8th, 2024
For my daughter's Schedule E, she purchased an additional home and converted her first home to a full-time rental mid-August 2020. She also refinanced it in March 2020, resulting in two 1098 forms for this home. Since she lived in it for part of the year, is it considered a second home? How should I allocate the tax and interest between Schedule A and Schedule E using HRBlock software?
July 15th, 2023
I have been filing weekly benefit claims online for the past two weeks but have not received any payments. I called the number provided in my email and was told by the automated system that my claim did not process. What could be the problem and what should I do?
March 14th, 2024