Investors & Landlords Tax Forum Q&A

Basic Turbotax

by on Latest post on by

3 Replies 4799 Views

3 Replies

4799 Views

Trade date v settlement date IRS rules

by on Latest post on by

10 Replies 7293 Views

10 Replies

7293 Views

Long Term Capital Gain Tax

by on Latest post on by

1 Reply 13549 Views

1 Reply

13549 Views

Download TAX Data from Fidelity fails (again)

by on Latest post on by

3 Replies 2445 Views

3 Replies

2445 Views

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

by on Latest post on by

3 Replies 1871 Views

3 Replies

1871 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 296 Views

1 Reply

296 Views

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

by on Latest post on by

6 Replies 1528 Views

6 Replies

1528 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 380 Views

1 Reply

380 Views

Reporting Property Installment Sales in Turbo Tax 2023 Desktop

by on Latest post on by

2 Replies 690 Views

2 Replies

690 Views

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

by on Latest post on by

2 Replies 497 Views

2 Replies

497 Views

1116 foreign tax credit comp wks error

by on Latest post on by

1 Reply 407 Views

1 Reply

407 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 1432 Views

4 Replies

1432 Views

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

by on Latest post on by

3 Replies 2762 Views

3 Replies

2762 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 334 Views

1 Reply

334 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 1287 Views

3 Replies

1287 Views

Divorce and Rental Income

by on Latest post on by

5 Replies 1909 Views

5 Replies

1909 Views

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

by on Latest post on by

5 Replies 2225 Views

5 Replies

2225 Views

How to report renovation and sale of rental property

by on Latest post on by

1 Reply 399 Views

1 Reply

399 Views

sale of a 2nd house

by on Latest post on by

4 Replies 1235 Views

4 Replies

1235 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 5047 Views

8 Replies

5047 Views

Capital Gains and Losses shows different value in Turbotax 2020

by on Latest post on by

1 Reply 555 Views

1 Reply

555 Views

Taxes with Robinhood

by on Latest post on by

1 Reply 396 Views

1 Reply

396 Views

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

by on Latest post on by

6 Replies 39408 Views

6 Replies

39408 Views

Does 2020 TurboTax Basic Import 1099s?

by on Latest post on by

7 Replies 2332 Views

7 Replies

2332 Views

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

by on Latest post on by

1 Reply 522 Views

1 Reply

522 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 3910 Views

4 Replies

3910 Views

Early distributions on Roth IRA?

by on Latest post on by

3 Replies 1083 Views

3 Replies

1083 Views

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

by on Latest post on by

7 Replies 1972 Views

7 Replies

1972 Views

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

by on Latest post on by

9 Replies 42734 Views

9 Replies

42734 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 1284 Views

4 Replies

1284 Views

Confusion on treatment of long term capital gains

by on Latest post on by

1 Reply 482 Views

1 Reply

482 Views

TT tax calculation 2018 tax year

by on Latest post on by

4 Replies 1397 Views

4 Replies

1397 Views

Capital Account not adding correctly in TT Basic 2019

by on Latest post on by

2 Replies 1010 Views

2 Replies

1010 Views

2019 Form 8995 Loss carry forward and from 8582

by on Latest post on by

2 Replies 609 Views

2 Replies

609 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 801 Views

1 Reply

801 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 918 Views

1 Reply

918 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 1020 Views

1 Reply

1020 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 982 Views

1 Reply

982 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 2736 Views

1 Reply

2736 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 1309 Views

1 Reply

1309 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 5345 Views

7 Replies

5345 Views

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

by on Latest post on by

1 Reply 1181 Views

1 Reply

1181 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 954 Views

1 Reply

954 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 2625 Views

3 Replies

2625 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 2146 Views

6 Replies

2146 Views

Philadelphia pa school tax based on stock dividends and investments

by on Latest post on by

2 Replies 1672 Views

2 Replies

1672 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 1002 Views

1 Reply

1002 Views

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

by on Latest post on by

1 Reply 804 Views

1 Reply

804 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 945 Views

1 Reply

945 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 1697 Views

1 Reply

1697 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 907 Views

1 Reply

907 Views

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

by on Latest post on by

1 Reply 641 Views

1 Reply

641 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 1502 Views

5 Replies

1502 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 876 Views

1 Reply

876 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 2491 Views

1 Reply

2491 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 903 Views

1 Reply

903 Views

Can I deduct the expenses of adding a room?

by on Latest post on by

2 Replies 1001 Views

2 Replies

1001 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 1161 Views

1 Reply

1161 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 677 Views

1 Reply

677 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 972 Views

1 Reply

972 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 1132 Views

3 Replies

1132 Views

Do you have a TurboTax Online account?

Topics with Label: TurboTax Basic Windows