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RyanH5
Employee Tax Expert
Employee Tax Expert
Member profile
Hi, I'm an enrolled agent. I have 15 years of tax experience, four of which are as a tax expert with TurboTax.
Latest badges earned

  • Re: Calculating Depreciation

    Most closing costs are additions to basis. For example, your realtor fees, title fees, survey, etc. are considered to be additions to basis. The exception is go...
    RyanH5
    Updated Aug 05, 2024

  • Re: Calculating Depreciation

    Hi RA2022,Thank you for joining us.There is a lot to unpack here, so I will try to cover everything.First off, yes you are correct in that you must take depreci...
    RyanH5
    4
    Updated Aug 05, 2024

  • Re: Child tax credit

    Hi Ro65,Thank you for joining us today.In order to claim the Child Tax Credit, you must have a qualifying child for tax purposes. A qualifying child must meet t...
    RyanH5
    Updated Jul 31, 2024

  • Re: Child tax credit 2024

    Hi tripleAteam01,Thank you for joining us today.Unfortunately this is an unfound rumor that has been floating around on the internet. As of today (7/31/24) ther...
    RyanH5
    Updated Jul 31, 2024

  • Re: Child credit

    Hi Justice24,Thank you for joining us today.As of todays date, 7/31/24, there has been no change to the Child Tax Credit for 2024 (for tax returns filed in 2025...
    RyanH5
    2
    Updated Jul 31, 2024
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