AndrewA87
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Thanks for the quick response.Would it only be considered a gift if the person who did not make the substantial deposit withdrew the money from the joint accoun...
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If one of the owners deposits money into the joint account is that considered taxable income for the other owner of the joint account?
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So the rental depreciation isn't considered an itemized deduction but a adjustment to your rental income which is reported on schedule1?And because I took the s...
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So if I only claim the standard deduction, a medical bill refund would NOT be considered taxable income.
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Thanks for the quick response. That was a big help!
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