Selling items from your closet should not be reported on a Schedule C unless you are actually altering the items and you are creating a business of selling your...
Great question - so the amounts are reported but only the NET goes to your income. It will be represented on your tax return as follows:Form 8949 will report wh...
For sale of property, yes. Those are all expenses against the sale. So when you enter the amount there should be a flied where you can enter that and it adjusts...
Hi, the key here is that the IRS will now have this information and they don't know how much profit or loss you had until you report it. TurboTax will help you ...
Hi - you can get a PPIN with the IRS for your daughter and then when he tries to file it will get rejected if he doesn't have the number.https://www.irs.gov/ide...
