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I am using Turbotax business to file 1065. We formed the LLC and bought a cafe in 2018, but after only a few months the shopping center was closed, and the cafe had to close too. Basically we paid a lot of money for the cafe but lost everything and h... read more
wynamo ‎03-05-2019
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Hello, We moved from MD to FL midway through the year. We sold our house in MD and purchased a new one in FL, and therefore had 2 mortgages in 2018. When using the TurboTax application, I enter in the information for my FL mortgage (Mortgage interest... read more
Terp2Gator ‎03-06-2019
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After completing my taxes the amount shown is around $10,000. After entering the 1095-A we owe around $10,000? Yes we did make more based on 401K withdrawals but that is my only source of income (retired) but a swing of 20K? How is this calculated? Y... read more
Kaputnick ‎03-19-2019
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Had to sell my mother in laws house in July 2018 which was a Life Estate and my spouse was a remainderman.My mother in law is still alive and has been in a Nursing Home for several years.We incurred large long term capital gains on sale of house and ... read more
Jonathan1 ‎03-19-2019
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I'm trying to find the IRS Publication that explains how to claim expenses that have a discount. I know you claim the actual amount paid (ie the discounted amount on your payment card statement) not what was on the receipt. I also know customer rebat... read more
John410312 ‎01-08-2019
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I asked a question before on How do I retrieve my 2017 AGI ? I was given the answer of I should sign into my account and on the left select Tax Home. Then they said to scroll down to Your Tax Returns and Documents and select 2017 and then view AGI. I... read more
griffithterry ‎03-19-2019
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Hello,I would like to claim my niece as a dependent who has SSN; however, neither of her custodial parents has SSN. In form 8332, they ask for custodial SSN next to their signature. Is it required or I can leave it blank? Thank you.
Houranis ‎03-18-2019
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I have a kid who has some "entrepreneurship" within her. She writes and self publish books, and sells them around our community. With total income about $400 for 2018 (I already helped her remitted the sales tax part back to the state). Besides this,... read more
tbt2018 ‎03-18-2019
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Hello, I've been trying to sort out the right way to file our taxes since this is our first year filing jointly. I am active-duty military, my home-of-record is Rhode Island. My wife is a California resident. In August, we moved from California to Ja... read more
kevindonawho ‎03-19-2019
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I have caiptal loss from a few years ago due to sale of stocks through Scottrade. I was living in Pennsylvania during the year the loss occurred. I have reported this on my federal returns since the beginning and carried over each year. However, it w... read more
steven7chen ‎03-19-2019
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The Benjamins