About AmeliesUncle

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Re: I have basically won 200k on a casino online website called roya...

You may want to ask what exactly their "tax fee" is for.Legally, they just need to give you W-2Gs (or depending on how it is structured, 1099-MISCs) that report...

AmeliesUncle

Updated May 20, 2025
Re: Reporting EIDL Loan (not grant) on 1120-S

@Classicarcwrote:My current accountant is telling me the EIDL Loan, (not grant) does not increase basis. He referenced IRS code that says a personal guarantee o...

AmeliesUncle

Updated May 20, 2025
Re: Issues getting FICA Form 843 Refund

@cottagecharm11wrote:I am exempt from paying FICA due to Notice 2014-7No, IRS Notice 2014-7 does NOT exempt anyone from FICA. It only excludes income tax, not F...

AmeliesUncle

Updated May 20, 2025
Re: Augment previous two years for property depreciation in TurboTa...

Yes, Form 3115 can 'catch up' on all of the prior year of missed depreciation. My prior comment indicates the timing of it (if you did not file an extension, yo...

AmeliesUncle

Updated May 12, 2025
Re: Augment previous two years for property depreciation in TurboTa...

You should not have started depreciation in 2024 without the proper procedures. Don't do anything with 2022 or 2023.You need to fix things by using Form 3115. G...

AmeliesUncle

2

Updated May 12, 2025

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Date Registered	‎January 11, 2020 9:54 AM
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