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Get your taxes done using TurboTax
only in the last 2 years did he. His Parents passed away and he inherited some funds.. He invested that in the Stock market. Made a Big gain in 2021, then pretty much lost it all in 2022. He has a very small amount of funds left. No Property, only a Truck and some funds left in the brokerage account.. I assume he owes taxes for the 2021 year where he made a gain. But without any other info its pretty hard to file. And if i simply reach out to the IRS they will try to bait me into something that I have no clue about . Its really amazing that the CPAs i have been talking to seem to have no clue in this case.. Its also amazing to me that the IRS never ever audited him.
‎January 30, 2023
12:24 PM