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Updated over 4 years ago,

User Stats

12
Posts
9
Votes
Loren Howe
9
Votes |
12
Posts

tax advice by phone?

Loren Howe
Posted

I have a trust which purchased some properties in 2019.  I thought (naively) that it would be fairly straightforward to fill in the irs forms myself.  It is apparently more than any mere mortal or even most accountants can handle.  In particular I can't understand from the irs guidance which forms to use for depreciation and how to carry forward losses.  Does anyone have experience with tax advisors or accountants who can give advice over the phone at an hourly rate and know rentals/trusts?  In my area as soon as accountants hear the word trust they seem to shy away.   I have all the numbers but just need some general advice on where the numbers go on each form and which attachments are necessary.

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