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Deductions & credits
Hey, I could be wrong about #3....That kind of thing sounds beyond what any state would accept, unless their state laws specifically allow that credit if the $$ came from a DAV, and you'd really have to find an actual tax professional in whatever state you live in to confirm it. Certainly it's not a Fedeal credit.
But thank goodness it is just a sub account at another DAV....the way you were talking about it, it sounded like you had created your very own DAV somehow......and the nightmare of recordkeeping that goes along with it.
____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*
‎February 26, 2022
4:36 PM