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LarryL20
Expert Alumni
Expert Alumni
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CPA with 43 years of tax experience
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  • Most of the closing costs are added to the cost of your house rather than deducted on your tax return. The primary exceptions are real estate taxes and interest...
    LarryL20
    1
    Updated Nov 26, 2022
  • Income and expenses for a sole proprietorship (single owner) are reported on your tax return on Schedule C. Here is a link to theProfit and Loss from Business (...
    LarryL20
    Updated Nov 16, 2022
  • Yes. Your grandson may have to file a tax return on the amount received from Social Security (depending on how much the grandson received).Your grandson should ...
    LarryL20
    Updated Nov 16, 2022
  • There is not a lot of information about the business or why you are prolonging filing taxes. As a cash basis taxpayer, you must report income and expenses in t...
    LarryL20
    1
    Updated Nov 16, 2022
  • You should ensure that the amounts that you received are not taxable based upon accurate information. Assuming that this information is correct and in response ...
    LarryL20
    Updated Nov 16, 2022
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