PAUL0828
Level 2
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Retired CPA. Primarily in tax area,
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Actually, the amortization piece will show up as a loss to offset against other income if you have any. It is on schedule 1 but it flows to line 8 on the 1040 n...
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That makes no sense to me. I hold timber property as an investment not as rental property or a trade or business. Currently the software will allow me to take m...
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That answer is incorrect. You don't need to file schedule T if you just have reforestation expenses. Input them under Business Deductions, Less Common Business ...
Activity Feed for PAUL0828
- Got Cheered for Re: Where do I enter the cost for reforestation in my standard deductions?. March 8, 2024 7:08 PM
- Posted Re: Where do I enter the cost for reforestation in my standard deductions? on Deductions & credits. February 11, 2024 11:59 AM
- Posted Re: Where do I enter the cost for reforestation in my standard deductions? on Deductions & credits. February 8, 2024 11:54 AM
- Posted Re: Where do I enter the cost for reforestation in my standard deductions? on Deductions & credits. February 7, 2024 2:01 PM