You can claim all of the points paid at closing, (in your case $25,407.51) regardless of the fact that some was paid by the Seller directly or that some was pai...
First, determine if the student your dependent.
Please be aware that the student is your dependent (and you could claim them as your Qualifying Child) if the st...
Delete the Schedule D
Enter Form 1099-K under
Income
Other Common Income
Income from Form 1099-K START
On the “Did you get a 1099-K?” screen, select “Yes”
O...
It's taxable, but not self-employment.Scholarships can also be reported as earned income, which is more advantageous than as "other income". The problem is they...
Yes.
Section 179 deduction may be used for a business asset that was placed new into service that tax year (2024) and if the deduction does not cause a business...
