_2020-02-03-western-wisconsin-week.jpg "2020-02-03 Western Wisconsin Week from irs 1040 2020 form schedule 1 Video Screenshot Preview")
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⏲ Duration: 25 min 17 sec
✓ Published: 02-Feb-2020
✓ Published: 02-Feb-2020
Description:
This week we look at:nnSpecial agent in charge of Los Angeles CID talks about their potential use of the virtual currency question on Schedule 1, Form 1040. nnTaxpayer wins on claim LLC was not a sham, but finds the result is actually worse when court rules amounts paid to law firm were start-up expenses under §195 TAM rules that taxpayer did not have an intangible related to synergistic benefits that could be written off. nnTaxpayer could not use claim of right provision under §1341(a) to cla
This week we look at:nnSpecial agent in charge of Los Angeles CID talks about their potential use of the virtual currency question on Schedule 1, Form 1040. nnTaxpayer wins on claim LLC was not a sham, but finds the result is actually worse when court rules amounts paid to law firm were start-up expenses under §195 TAM rules that taxpayer did not have an intangible related to synergistic benefits that could be written off. nnTaxpayer could not use claim of right provision under §1341(a) to cla
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