amikey
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After entering the (foreign country) sale proceeds in Schedule D, can I put 0 in the Form 1116 Part 1 Line 1a, where it asks for gross income in foreign country...
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Adding one bit of detail to clarify matters a bit.One might wonder why the company didn't file for bankruptcy and why ordinary employees had to take legal prote...
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No, thanks for asking, though.
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Hi,Thanks for responding to my query.I was an employee of the business, not a director, or a share holder.I don't think the business filed anything to IRS. It b...
Activity Feed for amikey
- Posted Re: You need to use both Schedule D and Form 1116. Report the... on Deductions & credits. May 14, 2021 11:33 PM
- Posted Re: Taxability of D&O Insurance reimbursement for legal fees and settlements with personal funds on Deductions & credits. May 31, 2020 10:33 PM
- Posted Re: Taxability of D&O Insurance reimbursement for legal fees and settlements with personal funds on Deductions & credits. May 31, 2020 10:20 PM
- Posted Re: Taxability of D&O Insurance reimbursement for legal fees and settlements with personal funds on Deductions & credits. May 31, 2020 10:19 PM
- Posted Taxability of D&O Insurance reimbursement for legal fees and settlements with personal funds on Deductions & credits. May 30, 2020 11:57 AM