AmeliesUncle
Level 15
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- Posts
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No, the partial year or full year does not affect the amount of Section 179 that can be used.Bonus Depreciation is also not affected by a partial year or full y...
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If you are a US Citizen and have never filed a US tax return (but should have been), you need to go to a US tax professional that specializes in this type of th...
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You need to hire a lawyer. This is not something that can be properly dealt with on any online forum.
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If it is not available for rent yet, there is nothing to deduct or depreciate. It waits until it is available to rent.If you have spent over $100,000 on it, I s...
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The direct answer is: Not really.The better answer is: You need to go to a good tax professional that is experienced with corporations.The long answer is:Why do...
Activity Feed for AmeliesUncle
- Cheered Re: Trusts wills and estates for M-MTax. yesterday
- Posted Re: Section 179 deduction - how does date of placing in service affect a heavy SUV (GVWR > 6000 lbs) on Deductions & credits. yesterday
- Cheered Re: Claiming my niece who is a nonresident alien for Bsch4477. yesterday
- Got Cheered for Re: Trusts wills and estates. yesterday
- Cheered Re: Commercial auto insurance for Opus 17. Thursday
- Posted Re: Hi, Im an expat that has never before filled any taxes in the US, only in in my country of residence. How can I start? on Deductions & credits. Thursday
- Posted Re: Trusts wills and estates on Deductions & credits. Thursday
- Got Cheered for Re: RENTAL EXPENSES FOR PROPERTY NOT RENTED. Thursday
- Posted Re: RENTAL EXPENSES FOR PROPERTY NOT RENTED on Business & farm. Thursday
- Got Cheered for Re: I am Indian citizen on H1-B. Came to US in May 2024. My spouse lives in India and has never been to US. While filing the returns, what should i specify for my spouse SSN?. Wednesday
- Posted Re: Use expenses from scorp to lower my w2 taxes from regular employer on Deductions & credits. Tuesday
- Got Cheered for Re: Bonus Payback. Tuesday
- Posted Re: I am Indian citizen on H1-B. Came to US in May 2024. My spouse lives in India and has never been to US. While filing the returns, what should i specify for my spouse SSN? on Get your taxes done using TurboTax. Tuesday
- Posted Re: Bonus Payback on Deductions & credits. Tuesday
- Cheered Re: Bonus Payback for Opus 17. Tuesday
- Cheered Re: Bonus Payback for Opus 17. Tuesday
- Posted Re: accidentally selected S Corp but need LLC on Business & farm. Sunday
- Posted Re: Single Member LLC Schedule C on Business & farm. Sunday
- Posted Re: accidentally selected S Corp but need LLC on Business & farm. Sunday
- Cheered Re: Dependents W4 Deduction for Confusedmom. a week ago