Tag Archives: Audit

Rental Losses

Today TaxMama hears from Eileen in Portland, OR whose client was audited for her rental property, “IRS disallowed her ,000 rental loss claiming this is a Passive deduction for her.https://www.topsedu.xyz/wp-content/languages/new/build-my-resume-for-me.html IRS says she may deduct expenses only up to income on the property. True, she is not a real estate professional and she does have […]

Appealing Dad

Today TaxMama hears from Ron in Jacksonville, FL who tells us. “When I filed my 2004 taxes I miscalculated and the IRS sent the Division of Child Support my 00 refund.https://www.giveapint.org/wp-content/languages/new/flagyl.html I was audited and now the IRS wants the $3000 back plus $500. Can I appeal this and is it worth it.”

Pain in the Back

Today TaxMama hears from Mark in Scarborough, ME, who’s quite logical: “I’m self-employed and incorporated. I need frequent chiropractic treatments as a direct result of using computers a lot. The frequency of treatments required varies directly with amount of daily work at the computer. The back problems are caused by my work (chronic back fatigue). […]