You are saying that a Claim of Right Repayment (IRC 1341) can be taken exclusively as a miscellaneous income deduction on Schedule A, Line 16, which is entered ...
I'd like to take an IRC 1341 deduction on my 2020 Federal Income Taxes for $5,000 of Unemployment Compensation paid and reported in 2019, then repaid in 2020, a...
What would one do if the asset in the consulting business was depreciated 100%, as a Section 179 deduction, then transferred in 2018 to the rental business?