Hi,
Yes, if you will be claiming the YouTube Channel as self-employment income, then you will be able to deduct the cost of the shoe as a business expense on yo...
Hi,
Usually, if you withdraw an excess contribution made during the tax year before the due date of the tax return you won't have to pay the 6% penalty. In your...
Hi,
In general, you can only deduct the worthless stock in the year that it became worthless. In your case, since the company went bankrupt in 2020, the loss wo...
Hi,
If you received free health care from your State (TN) you will be given a form 1095-B which is no longer required for you to file with your taxes as a resul...
Hi@Jesse94
Anycostof any additions or improvements made before placing your property into service as a rental that have a useful life of more than 1 year will ...