It would be nice if one of your videos covered the claiming of Schedule K-1 (Form 1065) Part III, BOX13 Other Deduction CODE U Investment Interest Expense including necessary supporting forms. It's involved and imo does not result in tax savings significant enough to warrant most individual tax payers bothering to claim the associated income deduction. Is IRS likely to care if payer ignores claiming such expense? In my case, this subject occurs for me due to being a partner in an offshore hedge fund. Thanks for listening. I'm sure you are busy. Best. L.
You're so awesome! I'm going to share your channel in a Facebook tax group. I think it will help a lot of folks.
Awesome thank you!
It would be nice if one of your videos covered the claiming of Schedule K-1 (Form 1065) Part III, BOX13 Other Deduction CODE U Investment Interest Expense including necessary supporting forms. It's involved and imo does not result in tax savings significant enough to warrant most individual tax payers bothering to claim the associated income deduction. Is IRS likely to care if payer ignores claiming such expense?
In my case, this subject occurs for me due to being a partner in an offshore hedge fund. Thanks for listening. I'm sure you are busy. Best. L.
Can a 19 yo fulltime student but have agi of 10k plus qualifies for eic? Or should he also considered as qualifying dependent of his parents?
Can you do an example with 4 kids let’s say 50k income head of household.
Someone I know filled and got over 200k in Tax refund. How is that possible