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re: Consolidating estate of parents in declining health
Posted on 5/7/13 at 8:11 am to GarmischTiger
Posted on 5/7/13 at 8:11 am to GarmischTiger
How is the business owned? Do your parents complete a Schedule C for your mom's business on their taxes?
1
Posted on 5/7/13 at 8:17 am to MSTiger33
quote:I'm not entirely sure. MIL is a custom jeweler who works (worked) out of a workshop in the home. Lots of inventory (~$150-250K), but no building to vacate.
How is the business owned? Do your parents complete a Schedule C for your mom's business on their taxes?
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