If she is at least a half-time student under age 24 she will qualify as your dependent as long as she meets the other normal dependent qualifications such as yo...
That is not taxable income so it wouldn't be reported on a tax return, except to the extent you need to enter a balance sheet. If you need to enter a balance sh...
You would first deduct the loss in the year it occurred to the extent allowable, then any unused loss would be carried over to the next year. You can't just pic...
That refers to not being able to deduct a loss on a business venture to the extent you don't have money "at risk" in the business. In other words, you can't ded...
