About LoraineG

Employee Tax Expert

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Hello! I'm an Enrolled Agent. I have been doing taxes for over 14 years. I'm also an Accountant with a Master Degree in Accounting. I'm also bilingual (English/Spanish).

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Re: Repair Expenses on Former Home That is Now a Rental Property

What is classified as improvement you will add to your basis (cost of the house) independently when they occurred. Take the example I told you before. Let's say...

LoraineG

Updated Sep 25, 2024
Re: 1099-nec from employer for consulting

It will all go from the point of those rules I told you about. Was the service provided by your husband an essential service for that business (for example)? I...

LoraineG

Updated Sep 25, 2024
Re: Can't see where major improvements made to sell a rental are add...

You should be able to see all the information related to that disposition on form 8949. If you are using the online version, you will have to go through the che...

LoraineG

2

Updated Sep 26, 2024
Re: COMO DAR DE ALTA A MIS DEPENDIENTES ESPOSA E HIJOS

Todo va a depender de en qué país viven. Si viven en México o Canadá le puedes enviar a solicitar un ITIN para reclamarlos. Aquí tienes alguna información al r...

LoraineG

Updated Sep 25, 2024
Re: Income

You should be receiving a 1099 if your gross sales were $600 or more, however, places like eBay, will issue one, no matter what. Same rules described above appl...

LoraineG

1

Updated Sep 25, 2024

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Date Registered	‎August 29, 2023 10:09 AM
Date Last Visited	‎September 26, 2024 5:33 PM
Total Messages Posted	36
Total Cheers Received	22

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Re: Repair Expenses on Former Home That is Now a Rental Property

Re: 1099-nec from employer for consulting

Re: Can't see where major improvements made to sell a rental are add...

Re: COMO DAR DE ALTA A MIS DEPENDIENTES ESPOSA E HIJOS

Re: Income

Do you have a TurboTax Online account?

Re: Repair Expenses on Former Home That is Now a Rental Property

Re: 1099-nec from employer for consulting

Re: Can't see where major improvements made to sell a rental are add...

Re: COMO DAR DE ALTA A MIS DEPENDIENTES ESPOSA E HIJOS

Re: Income