User:Jglover1978
From TaxAlmanac
Hi,
I've worked at H&R Block for a couple of years, and before that, another company. My interests include some of the following:
Earned Income Credit--very important to modest income clients.
filing status, dependents--very important to a lot of clients.
1009-Rs, early withdraws, the exceptions--often a big ticket item financially, and a big item emotionally because you tend to blame yourself.
Material Participation, yes, I am very proud that I have learned all seven tests, including the ever present "facts and circumstances" and including the Significant Participation Activities (SPAs), including that if one SPA increases from 490 to 500 hours that can paradoxically hurt your other SPAs. I have even read a little bit on "recharacterized passive income," probably not enough to recognize the animal in the wild, so to speak. But at least I know there is such an animal in the forest!
JGlover
