the answer is "no" tax deduction --Please read Carl's answer above as it is "right on point."   From above: "Nothing done after the last tenant moved out is deductible if you were required to convert the property back to personal use for the reasons stated above. Any claims to rental expenses ended the day after the last renter moved out, since that's the day you converted the property to personal use. So any expenses incurred after the last renter moved out are *not* rental expenses. They are personal expenses and are just flat out not deductible."   ... View more

If your construction business gets a 1099 for the value of meals "awarded" to the company, the 1099 full amount should be reported to match IRS records. Then if you did not actually get the full amount of the 1099 or the Fair Market Value was less than the 1099 amount you should make an adjusting entry to the income and reduce it by the difference in the 1099 and the Value received.  For example if I get a 1099 for a car I won for $12,000 and the car is immediately sold for $11,200, then I would report the 1099 full amount ($12,000) and take a $800 reduction in income so the net reported is $11,200. ... View more

MAGI calculation To calculate your modified adjusted gross income, take your AGI and "add-back" certain deductions. Many of these deductions are rare, so it's possible your AGI and MAGI can be identical. Different credit and deductions can have differing add-backs for your MAGI calculation. According to the IRS, your MAGI is your AGI with the addition of the appropriate deductions, potentially including: Student loan interest One-half of self-employment tax Qualified tuition expenses Tuition and fees deduction Passive loss or passive income IRA contributions Non-taxable social security payments The exclusion for income from U.S. savings bonds Foreign earned income exclusion Foreign housing exclusion or deduction The exclusion under 137 for adoption expenses Rental losses Any overall loss from a publicly traded partnership ... View more

Due to sale I would purchase TurboTax Premier, which would ask you detailed questions on Sale of Assets.  ... View more

Review your numbers you entered as you most likely got the decimal point in the wrong place on an income entry.    So you could of entered $200 as $20,000. ... View more

Many States have put additional checks in place to ensure the refunds are going to actual taxpayer (and not filed by someone else).  This might be the case in your situaton.   You can always call the State that issued you the letter and ask them what is going on with the processing of your return.   If it was me, I would call the State.   ... View more

First you need to be able to itemize on your return to claim a contribution.   So if filing status is single, you would need at least $12,200 in mortgage interest, property taxes, contributions, etc. to be able to claim the contributions you made.   Click on below for more detail. More details on Schedule A itemized deduction.    If you are able to itemize, you do not need the contribution receipt to file the return. I would document what you have said in the question along with some more detail, and then if audited, you can explain what happened.   I hope this helps.   ... View more

If you have an attorney or executor for the estate, this could be taken care of this way.   First the Form 4972 is not needed.   It appears a 1041 Estate return should be filed for the 1099R, and it would show all the money distributed to the 3 heirs on a 1041 K-1 (that each of the 3 of you would get).  The 1041 would have no tax due, and each of the 3 heirs will report the distribution as ordinary taxable income.    I would however talk to someone with tax expertise, to do this for you.  ... View more

You do not need to give her your SSN, and I would not give it her.     You can and should give her a receipt for the amounts she has paid you.     I worked for IRS as a Revenue Agent ( for over 30 years prior to retiring) doing audits, and you can print this response and give it to the parent.  ... View more