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Hello all, I can't seem to find an exact answer on this and I'm getting confused as to how I should proceed. I'm 20, in college, and I live away from my parents. They *could* claim me as a dependent but they are not going to. how should I go about my... read more
theamoss17 ‎03-04-2019
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In 2017, I took the itemized deduction and included state refunds/liabilities in the formula. My wife and I lived in VA, but she worked in MD. Taxes were withheld throughout the year in MD, so at the end of the year, I had to essentially get money ba... read more
Josh123 ‎03-19-2019
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I have a family HDHP for all of 2018I became 65 in July and enrolled in Medicare Part A onlyMy wife and I are both over 55 (catch up contribution)I contributed $5267 during 2018 because I did not know that I was not eligible once enrolled on Medicare... read more
achsmlh ‎03-19-2019
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I've filed my tax this year, but need to do a tax amendment to correct my RSU cost basis. I have 2 questions below-- 1. In TurboTax amendment--stock section, do I just enter the correct cost basis in "box 1e cost or other basis", or do I need to clic... read more
umum29 ‎03-19-2019
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I made a mistake and entered that I had a 1031 sale of property this year (the 1031 was completed for last tax year) and now my return shows tax owed on the gain....how do I remove this? I keep going back to the questionnaire and ticking no 10341 sal... read more
RangerRobin661 ‎03-19-2019
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Hello, we received a 1099-DIV for a liquidation. The boxes that are populated are: 2a & 2b showing the capital gain, and box 9 showing "Cash liquidation distributions". Using TT Home & Business Desktop, we have answered the 1099 DIV questions and pop... read more
graphage ‎03-10-2019
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I have owned and used as a rental property a duplex since 2012. In January of 2018 I sold 1/2 interest in it to my sister. How do I reflect my ownership going from 100% to 50% ownership and continuing with my 50% as a rental and only recapturing 1/2 ... read more
careyjl ‎03-19-2019
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You believe that you have a glitch in your state tax returns and I cannot "view, print or download (my Illinois forms) because some of the forms have not been finalized yet". When I request an email notification for when they will be available, I get... read more
hl ‎02-07-2019
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I bought home with my partner in 2018 and we both take half of the mortgage payment. The total of the mortgage (about 1.1M) is more than 750k limit to deduct, but if I can count just half of mortgage on myself I can deduct more money. Can I do this o... read more
dragonsl ‎03-18-2019
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We are preparing our son's tax return. He is a full time college student and we claim him as a dependent on our tax return. He had some employment income last year. He also had a 1099-Q from his 529 plan, with all of that cash used to pay tuition, fo... read more
jimrenee ‎02-18-2019
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The Benjamins