I have found that I am not subject to the at-risk rules, since I am actively participate in the operation. (This is a one man consulting company)https://ttlc.in...
Yes, this this for my personal return.I cannot get a good grasp of "not at risk" for some reason.I left 100K in the companies account (SCORP) (which was earned ...
I think there is a problem with Turbotax software.According to instructions of 6198, line 21 supposed to take the lesser amount of line 5 or line 20.Line 20 is ...
Thanks for the reply tagteam!I guess I need to enter "Adjusted Basis" in the personal return to be a able to take the deductible?If so, should I enter the amoun...
