I believe that that recaptured depreciation is taxed at 25%. I don't think that is impacted by the tax rate for the rest of your income. Whereas if there is a l...
Its fairly complicated. The issue is how much gain did you have on your house. You bought it for $50,000 with a sale at $310,000, then, potentially, you have a ...
I would suggest that your daughter establish an account with the IRS. Takes a couple days. Then maybe she can see the status of her amended return. I assume tha...
Could you clarify where you are trying to enter the additional property taxes? On schedule A (to itemize) or, maybe Schedule F (rental properties).FWIW: very fe...
Normally the installment plan form (9465) requires you to say what you will pay, when day of the month the money can be pulled from your bank account etc. Best ...