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I have a simple question. I am self-eployed and want to take
Hello. I have a simple question. I am self-eployed and want to take advantage of the QBI deduction. Is there a form I need to file? Is the calculation as simple as 20% of my net income? I make the nec… read more
emc011075
emc011075
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I am a tax pro and have a lot of small businesses who file schedule Cs. Some of these have different parts to their business. A painter who also does landscaping or an on-line sales consultant who als… read more
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My wife began the year with no inventory. She then spent
Hi, my wife began the year with no inventory. She then spent $1,478 on used items for her eBay business. She sold $582 and realized a loss for the year. Can this loss deducted on Schedule C and form 1… read more
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I'm a bit confused- I've got a W-2 via my employer and I
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re: ACA and self-employed and PTC credit received.: I am using Lacerte software, if that makes any difference as to how to enter. I have read instructions for 8962, Pub 748, called the IRS (who don't … read more
emc011075
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Stephen G.
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Again Tyrone. According to some experts like Stephen
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Facts: 1. My wife and are both residents of Texas 2. We
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