In this situation, will the children be able to claim the standard mileage deduction on their tax return? The parents drive the children to different photo shoots. Even out of state in some cases.
Tax payer submitted a tax return with an expired ITIN and was rejected for deductions/credits. The ITIN was renewed with IRS. What steps are needed to update the previously filed tax return in order ...
See more...
Tax payer submitted a tax return with an expired ITIN and was rejected for deductions/credits. The ITIN was renewed with IRS. What steps are needed to update the previously filed tax return in order to receive the deductions/credits.
Does each property/child/cell get reported separately on Schedule E? Or does the parent company report all activity for multiple rentals? How would Part I be filled out on Schedule E if only the pare...
See more...
Does each property/child/cell get reported separately on Schedule E? Or does the parent company report all activity for multiple rentals? How would Part I be filled out on Schedule E if only the parent company reports the activity?
What is neither the spouse or taxpayer itemizes? Would they both use the standard deduction on their separate returns? Taxpayer standard deduction of $12k. Spouse standard deduction of $12k.