jdayfkin1
Level 2
Member profile
- Replies
- Posts
-
No I am helping a friend who has purchased a farm and is asking me for help. I though this would be a question the TT Community could help with.
-
On the 1099 it was a percentage of profit.So is it box 3 other income or box 7 non employee comp? Is it too late to issue the 1099misc? Or better late than neve...
Activity Feed for jdayfkin1
- Posted Re: Client has cows that can be raised for beef and can be bred. If raised for beef they must be inventoried, If bred they can be depreciated. Confused on how to handle. on Get your taxes done using TurboTax. September 29, 2023 7:49 AM
- Posted Client has cows that can be raised for beef and can be bred. If raised for beef they must be inventoried, If bred they can be depreciated. Confused on how to handle. on Get your taxes done using TurboTax. September 29, 2023 7:24 AM
- Posted barn rental on a farm on Get your taxes done using TurboTax. August 29, 2023 5:16 AM
- Cheered Re: In 2021 made a $6000 contribution to an IRA, held it for a day and converted it to a Roth IRA... for Opus 17. March 25, 2022 1:05 PM
- Cheered Re: In 2021 made a $6000 contribution to an IRA, held it for a day and converted it to a Roth IRA... for Opus 17. March 25, 2022 1:05 PM
- Cheered Re: My parents claimed me on their return last yr & I didn't get stim money. If I claim myself on... for JoannaB2. February 21, 2021 3:56 PM
- Posted How can I find a question I have already posted? on Get your taxes done using TurboTax. February 18, 2021 6:37 AM
- Posted I chose actual exp for 1st yr and cannot change to mileage. If I purchase a work vehicle in the future do I get to start the process over selecting actual exp vs mileage. on Get your taxes done using TurboTax. June 6, 2019 12:49 AM
- Posted On the 1099 it was a percentage of profit. So is it box... on Investors & landlords. June 4, 2019 5:07 PM
- Posted 2 person LLC flipping houses.Bought house 2017.Cost basis =purchase price +expenses n 2017/18?Ordinary inc or cap gain?Investor received money back + 3K. Treatment of 3K? on Investors & landlords. June 4, 2019 5:07 PM
- Posted I have passive rental loss of $12K this year. Does it make a difference re: deductibility of the loss if the property was placed in service before 1986?AGI was over $125K on Investors & landlords. June 3, 2019 4:49 PM