In March 2019, I contributed $7000 to an IRA. I did not claim a deduction in 2019. I cashed out the IRA in August 2020, so I have to report the distribution. Can I use the contribution to offset it? ... View more

Started repairing and selling used cars early in 2020 as individual. Later obtained Dealer License in September - as sole owner. Do I show 2 separate businesses or do I include all income/expense in one business? ... View more