Just noticed that for my 8606 form, TT made the following mistake:1. In
the tax year 2022, TT didn't carry over the previous basis2. In the tax
year 2023, it missed my 8606 totally. What should I do? Do I need to
file a tax amendment? or should I jus...read more
Hi, My spouse is a NZ citizen and moved to USA in Feb 2024 on a GC.
There are no plans to move back to NZ. Given that, can she move her
kiwisaver account (401k equivalent) to USA and add it to her current
401K balance in the US? Are there are any tax...read more
We've always just claimed qualified expenses (less those counted against
the AOTC) after scholarships for withdrawals from 529s for both kids.
Now the youngest is entering her senior year and it looks like there
will be money left in the 529(s) after...read more
I have 199A income but nothing on Schedule A about W-2 wages etc. (the
partnership is an ongoing, active business.) So I need to use the info
on Schedule K-3. But the line items on the K-3 don't match up with the
line items on the 199A input page in ...read more
