As@xmasbaby0implies, your situation strongly suggests that you did not report your self-employment income on Schedule C of your tax returns as you should have. ...
It is taxable by your state of residence at the time you took the IRA distribution so as to make the conversion. If the distribution occurred after you became a...
The IRS considers any day rented to a relative below FMV as a day of personal use. If you have more than 14 days of personal use, then the IRS no longer conside...
Note that only $3,000 of a capital loss is deductible against ordinary income. Any unused loss can be carried forward to subsequent years.
Also, if you do clai...
