The only way to account for the original cost is to claim ticket sales as self-employment income, which will involve claiming 1099K receipts as income, and dedu...
My opinion- When all else fails-Goggle your local IRS office and make an appointment. During the appointment bring your tax return and request that your refund ...
My opinion-To avoid 100% taxation, you must reconstruct your costs in a fair an equitable manner. Ultimately you have proof of an existing structure, the only q...
Unfortunately, Turbo Tax does not give investment advice. But whatever direction you chose, please remember, interest, dividends and capital gains will be taxab...
My opinion - A Cosigner guarantees performance but does not assume tax liability. However you did receive a 1099 which requires a reporting obligation to the IR...