Your logic is sound so let's go through what you really need and why. Items sold at a gain for personal use, are taxable. Personal items sold at a loss are not ...
Since it is all taxable to NY, select 414(H) subject to NYS:
Code K is vision -pretax for federal and taxable to NY.
Code V -Health is also pretax federal an...
OR does not allow the QBI but it does have an alternative. The Qualified Business Income Reduced Tax Rate. Instead of a deduction from income, this allows certa...
A couple of possibilities:
sometimes the program just doesn't go to zero - customers come back and say return is correct despite the meter.
tax law updates -...
A brand new form. The E is for electronic. The government announced last year that issuing paper checks would be eliminated. However, it is necessary sometimes....