Tuition Deduction C-Corp
T.C. Memo. 2022-19 Docket Nos. 4113-19, 4647-19. Filed March 9, 2022 The taxpayer claimed a business expense deduction for the C-Corp owners’ son-in-law (not an employee) for the costs of…
K-2; K-3 Reporting
Form 1116, Claim the Foreign Tax Credit Per IRS link https://www.irs.gov/instructions/i1116 ,no requirement to file Form 1116 if all prerequisites are met: -(1) Your foreign source gross income was all…
