n****7 发帖数: 8354 | 1 or I never notice before? I had a lot of repairs last year. but it only let
me go to "0" on 1040 form. | c*****t 发帖数: 68 | 2 If ur repair includes any improvement/equpment, that portion should go depreciation instead of expense in one year.If you are not a real estate agent, you can claim max of $2,500 loss on 1st page of 1040.But you will be phased out if your MJF AGI is more than $150,000 and thus claim 0 losses.
I am working for a CPA firm and doing tax rignt now, if you have more questions, you can email/message to me. | n****7 发帖数: 8354 | 3 thanks you so much. I already turned my tax return using turbo tax software.
I guess turbo is correct.
questions, you can email/message to me.
【在 c*****t 的大作中提到】 : If ur repair includes any improvement/equpment, that portion should go depreciation instead of expense in one year.If you are not a real estate agent, you can claim max of $2,500 loss on 1st page of 1040.But you will be phased out if your MJF AGI is more than $150,000 and thus claim 0 losses. : I am working for a CPA firm and doing tax rignt now, if you have more questions, you can email/message to me.
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