I received an inheritance that is not taxable but was reported to the IRS via K-1. Do I report it HOw do I make sure it is not included as taxable incomei?
Does Principal from an Irrevocable Trust Distributed to a Beneficiary have to reported since it’s not income?
If I had a triplex building burn down am I able to get a deduction for that? and do I have to report an insurance payment I received?