Investors & Landlords Tax Forum Q&A

1099-NEC for rents?

by Latest post by

3 Replies 619 Views

3 Replies

619 Views

How to recognize 2024 renovation expenses on rental property before receiving rent in 2025

by on Latest post on by

1 Reply 3510 Views

1 Reply

3510 Views

Basic Turbotax

by on Latest post on by

3 Replies 4927 Views

3 Replies

4927 Views

Trade date v settlement date IRS rules

by on Latest post on by

10 Replies 8311 Views

10 Replies

8311 Views

Long Term Capital Gain Tax

by on Latest post on by

1 Reply 13627 Views

1 Reply

13627 Views

Download TAX Data from Fidelity fails (again)

by on Latest post on by

3 Replies 2542 Views

3 Replies

2542 Views

AirBnb: Revenue posted to my taxID - payments made to property manager

by on Latest post on by

3 Replies 1954 Views

3 Replies

1954 Views

I'm being asked to enter a "QBI At Risk Op Loss" for my photography business. Can someone tell me what this is?

by on Latest post on by

1 Reply 356 Views

1 Reply

356 Views

How do I calculate the US Government interest for 1099-DIV?

by on Latest post on by

6 Replies 1694 Views

6 Replies

1694 Views

I sold a rental but did not rent it out in 2023. When enter this info, it tells me to remove the property and doesn't allow me to enter the sale info. What do I do?

by on Latest post on by

1 Reply 444 Views

1 Reply

444 Views

Reporting Property Installment Sales in Turbo Tax 2023 Desktop

by on Latest post on by

2 Replies 877 Views

2 Replies

877 Views

Why aren't my expenses saving on my rental property?

by on Latest post on by

2 Replies 582 Views

2 Replies

582 Views

1116 foreign tax credit comp wks error

by on Latest post on by

1 Reply 452 Views

1 Reply

452 Views

I am trying to calculate the cost basis for a mutual fund held for 55 years by my wife and her ex-husband and nobody knows the amount of the original investment. Advice?

by on Latest post on by

4 Replies 1512 Views

4 Replies

1512 Views

1099-B Non-covered Securities with Undetermined Holding Period - Unsure how to imput

by on Latest post on by

3 Replies 5134 Views

3 Replies

5134 Views

I got a K-1 with box 16 checked indicating there is a k-3. but K-3 is not available. How can I file this without K-3

by on Latest post on by

1 Reply 381 Views

1 Reply

381 Views

Can a widowed spouse receive the step-up basis and tax-free capital gains on a sale of a home?

by on Latest post on by

3 Replies 1392 Views

3 Replies

1392 Views

Divorce and Rental Income

by on Latest post on by

5 Replies 2118 Views

5 Replies

2118 Views

De Minimis Safe Harbor depreciation -- IRS Form 4562 instructions Say Nothing

by on Latest post on by

5 Replies 2566 Views

5 Replies

2566 Views

How to report renovation and sale of rental property

by on Latest post on by

1 Reply 431 Views

1 Reply

431 Views

sale of a 2nd house

by on Latest post on by

4 Replies 1346 Views

4 Replies

1346 Views

I am a resident of Illinois, but owns a rental property in Washington DC. The rental income is my only source of income. Which state return should I file?

by on Latest post on by

8 Replies 5357 Views

8 Replies

5357 Views

Capital Gains and Losses shows different value in Turbotax 2020

by on Latest post on by

1 Reply 594 Views

1 Reply

594 Views

Taxes with Robinhood

by on Latest post on by

1 Reply 450 Views

1 Reply

450 Views

Which version of TurboTax do I really need for rental property?

by on Latest post on by

6 Replies 43342 Views

6 Replies

43342 Views

Does 2020 TurboTax Basic Import 1099s?

by on Latest post on by

7 Replies 2460 Views

7 Replies

2460 Views

How to file taxes if the stock ticker symbol change due to merger ?

by on Latest post on by

1 Reply 555 Views

1 Reply

555 Views

Can i report my rental income and mortgage in schedule E and claim standard deduction still. or should i only take itemized deduction

by on Latest post on by

4 Replies 4232 Views

4 Replies

4232 Views

Early distributions on Roth IRA?

by on Latest post on by

3 Replies 1191 Views

3 Replies

1191 Views

Paying penalties on early distributions of already-taxed Roth IRA contributions

by on Latest post on by

7 Replies 2102 Views

7 Replies

2102 Views

How do I fill out Tax form 4797 after sale of a rental property?

by on Latest post on by

9 Replies 44585 Views

9 Replies

44585 Views

Info sharing: I'm attempting to file a simple return for my kids who are under 10 years old. The walk through questions do not have this option

by on Latest post on by

4 Replies 1350 Views

4 Replies

1350 Views

Confusion on treatment of long term capital gains

by on Latest post on by

1 Reply 525 Views

1 Reply

525 Views

TT tax calculation 2018 tax year

by on Latest post on by

4 Replies 1461 Views

4 Replies

1461 Views

Capital Account not adding correctly in TT Basic 2019

by on Latest post on by

2 Replies 1049 Views

2 Replies

1049 Views

2019 Form 8995 Loss carry forward and from 8582

by on Latest post on by

2 Replies 649 Views

2 Replies

649 Views

Wife & I 50-50 on 3 rental prop. Our rental inc tax has always been the same.But in 18, TT is giving me different amounts - claiming extra CCA for her, not me. Why?

by on Latest post on by

1 Reply 835 Views

1 Reply

835 Views

Which version of turbo tax do i need to depreciate a portion of my house that I rent out?

by on Latest post on by

1 Reply 953 Views

1 Reply

953 Views

Can I report a small, long-term stock sale loss in 2016 on my 2017 return?

by on Latest post on by

1 Reply 1078 Views

1 Reply

1078 Views

New costmoer, what version of turbo tax do I need? have a K 1, rental income & sole business owner

by on Latest post on by

1 Reply 1052 Views

1 Reply

1052 Views

What edition should i buy to file my Robinhood (Investment Loss), W-2Form, 1095-A form?

by on Latest post on by

1 Reply 2887 Views

1 Reply

2887 Views

I pay the mortgage on a house that is not in my name on the deed/statements. Can I claim it as rent in Michigan without the owner having to claim payment as income?

by on Latest post on by

1 Reply 1391 Views

1 Reply

1391 Views

What is the fair way to divide sale of parents home put in our 5 names 15 yrs ago? A few siblings are in higher tax bracket but want tax paid first then divide equal?

by on Latest post on by

7 Replies 5574 Views

7 Replies

5574 Views

Can I deduct the rent my wife pays while I'm overseas with the military?

by on Latest post on by

1 Reply 1240 Views

1 Reply

1240 Views

Got bonds as a gift when I was a toddler. Sold them all this year, no idea of donor cost basis. What do I enter?

by on Latest post on by

1 Reply 1005 Views

1 Reply

1005 Views

How do I file (federal.)rental income on a boat slip? Slip is in a different state than I live in.

by on Latest post on by

3 Replies 2762 Views

3 Replies

2762 Views

Why is my standard deduction, for married filing jointly, showing up as $26,600? I did not check the legally blind boxes.

by on Latest post on by

6 Replies 2249 Views

6 Replies

2249 Views

Philadelphia pa school tax based on stock dividends and investments

by on Latest post on by

2 Replies 1885 Views

2 Replies

1885 Views

Does Turbo Tax Basic 2017 have step-by-step entry for investment income and land sales?

by on Latest post on by

1 Reply 1068 Views

1 Reply

1068 Views

How can I reopen one of my rentals to add an expense?

by on Latest post on by

1 Reply 856 Views

1 Reply

856 Views

Why is Turbo showing rent received on a 1099-Misc separate from the rest of the rental income?

by on Latest post on by

1 Reply 1004 Views

1 Reply

1004 Views

I'm a CA resident; my husband is a MT resident; we own CA & MT rental properties; some a profit & some a loss; do we report half of the total net loss to CA & half to MT?

by on Latest post on by

1 Reply 1756 Views

1 Reply

1756 Views

I've had to live outside/elsewhere since my house was gutted because of flooding from Hurricane Florence. How can I deduct the living expenses and storage expenses?

by on Latest post on by

1 Reply 995 Views

1 Reply

995 Views

Should Coinbase sales be showing up under both Cryptocurrency AND Stocks, Mutual Funds, Bonds, Others?

by on Latest post on by

1 Reply 692 Views

1 Reply

692 Views

2018 I sold a lot of stock but software only credited $3000 of previous loss, not the full amount of $13,000

by on Latest post on by

5 Replies 1569 Views

5 Replies

1569 Views

Can i rent my condo principal home to a friend while i stay with a family, in a return they only pay mortgage while i pay other stuff, should I claim rental credits?

by on Latest post on by

1 Reply 913 Views

1 Reply

913 Views

I need help to file an amended return for the state of Missouri ( form #5674), to receive credit for "property tax rental".

by on Latest post on by

1 Reply 2523 Views

1 Reply

2523 Views

Do I need to declare the interest on US saving bonds if it is an inhertance?

by on Latest post on by

1 Reply 944 Views

1 Reply

944 Views

Can I deduct the expenses of adding a room?

by on Latest post on by

2 Replies 1047 Views

2 Replies

1047 Views

My father passed away in December 2016 but some of his savings accounts earned $900 in interest in 2017 before being distributed. How do I report this income to the IRS?

by on Latest post on by

1 Reply 1223 Views

1 Reply

1223 Views

Can I carry over rental property losses from 2017 to 2018, I turned the rental property into my primary residence during 2017?

by on Latest post on by

1 Reply 711 Views

1 Reply

711 Views

I live in nevada (no state income tax) but i have a rental in california (that does have a income tax) can turbotax do that? what package would i need?

by on Latest post on by

1 Reply 1008 Views

1 Reply

1008 Views

2005:2 Sisters co-purchased SFH for $150. 2007:1 moves out; 1 stays(never rented). 2019:pending sale $450. Can live in exclude $250 CG? Legal to gift $10 to each nephew?

by on Latest post on by

3 Replies 1184 Views

3 Replies

1184 Views

Do you have a TurboTax Online account?

Topics with Label: TurboTax Basic Windows