Investors & Landlords Tax Forum Q&A

How do I report gains and pay taxes when trading through a prop firm as an independent contractor?

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My mother-in-law lives with us. If she pays part of the mortgage, electricity, etc., is that rent? Does it count as a gift to us and thus we should keep it to the limit

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I do not owe anything for the Ameritrade account. They didn’t even send me a form. Why do I have to worry about it?

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Can I deduct rent I paid on my daughter's college apartment if my name is on the lease, too?

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Can I use our cow, lamb, goat and pigs we raised as a deduction on taxes?

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I have entered that I was paying rent although it has auto added a CRP from previous years and am I not able to remove it

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Where do I enter the data for selling mineral rights?

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I purchased a home in June 2024 and moved in July 2024. I have not yet been able to rent the first home in 2024. Can I deduct taxes and interest for the first home?

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I received a payment of 7 cents from a royalty. I never cashed the check.

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I received a payment of 7 cents from a royalty. I never cashed the check.

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I received a payment of 7 cents from a royalty. I never cashed the check.

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Where do I enter capital gains tax

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I received 16,000 as a beneficiary last Year. It came from my sons stock account And I did pay taxes of 3381. My question Is this taxable income?

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My grown son lives with me and does not pay part of the rent or living expenses. He receives disability each month. Can I claim him on my taxes

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can I deduct the rent I paid?

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i did not sell stock bonds or mutual funds. why does turbo tax think i did

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can we recapture investment loss from wages

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I live in an apartment and pay rent every month. Where do I find this on the form to claim my rent?

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Does anyone know how to calculate taxes and a Crypto ICO investment?

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If I cannot confirm securities (royalties, dividends, bonds, stocks, mutual funds) I found in new brokerage accounts but disclosures are from many previous years …?

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How toCarry over loss from stocks, I see the 2023 1040 missed picking up the loss from 2022 and 2021. How to carry over those losses?

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My storage unit was burglarized, and items were stolen that was worth thousands of dollars. Can I write this loss off on my taxes?

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Why did Turbo tax take 208 from my account

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If you rent/lease property that does not generate a profit or breaks even- is that something that is tax deductible?

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If the box want take my rent amount what can I do

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Can I report a loss from a scam I got caught up in?

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My spouse is an instructor at a school that is 2 1/2 hours away from our home so we he has been renting near his place of work. Can we deduct rent or other expenses ?

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How do i record stock transactions (test question please delete)

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Can you p lease walk me through how to check whether I paid stat taxes last year? and how much?

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Does my adult daughter live with me? She and her husband live on my property in a separate (guest) house I own. They pay a small amount of rent to me each month.

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I have a stock that was cashed out by the stock company at a loss

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We sold some ground so I have a 1099-s and i need to add that then i need to know what deductions we can use so we don't have to pay as much in capital gains?

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What and where do i find my carryover worksheet?

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I rent two rooms with my daughter at someone else's house. I pay for our food and rent. Would I be considered the head of the household?

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How do I report my mineral rights sale? And do I need to report it in the state the land was in as well?

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Do I pay taxes on a house I inherited but don't live in and am not renting?

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Should I claim supporting a person if they did not pay rent for 7 months?

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I bought a home 11/2023. I moved in 12/26/2023. I have a 1098 for my points paid. Can I deduct rent that I paid for a full year also

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Hi i would lile to file tax return for myself . I was wondery if i claim for my rent too as i am living on rental toom .

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I'm 70 years. my ssa is $ 27000/year, my job is $ 2929 as of 3/1/24 my stock $ 25000. If I withdrawal all the stock, will I have a large tax bill?

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Do I add each month of rent 800.00 times 12 months ?

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I’m trying to file my 2023 crp

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App implies I am finished with completing tax data. I haven’t. How do I return to imputing data pages including interest, dividends, capital gains, IRA distributions etc?

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How do I know how much turbo tax took from my taxes ?

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Can I deduct a loss I had from a Life Insurance investment?

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MN. onsite maintenance worker. Compensation was 3 bedroom rent credit . w2 for the additional hours, not for the work for rent credit. How do I file wages for rent credit

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Is there a place to put how much a person is paying in rent? I am the tenant.

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Can I remove the rent from my taxes and not claim it?

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When asking about real property tax relief credit, it ask about rent received being less then 20%. i did not receive any rental income. how do i answer the question?

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What do I put in the capital gains and loss screen under mine and my spouce..

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Need help with adding my rent amount

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I moved some funds from my company 401k into a Brokerage account to buy some individual stocks.. If I sell some of them for a lose can I use that on my taxes this year?

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I was a victim of cryptocurrency scam. Can I deduct the loss for my 2023 return ?

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Turbo tax is taking me through the ISO process but i don't have any incentive stock sales this year

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I have a rental property, do I really need TurboTax Live Premium at $219 for federal only? I have always used a Deluxe version for around $80. Thanks.

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Hello! If my dividends are used to buy company stock (not cash to me), do i have to pay taxes on that money?

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Where do I go to enter the loss of rental income for a part time home?

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How do I get renters documents from a rental agency that is closed now?

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I need to make changes on the dividend from stocks form. How do I do that?

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My boss didn’t report on my w2 the money for my rent

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For the RSU, I see my Charles Schwab equity account shows different share quantities from the individual account.

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I rented two rooms in my house for 50 nights during 2022. How and where do I input this income?

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How do you change the low income portion where it says "Total rent paid for this period"? It won't let me edit it, but I put "none of the above" in the area. What next?

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Can I write off the money I paid to buy into the restaurant I’ve been working at?

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About my 1099-b

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Hello, it's my first year renting an apartment, and I am confused whether the School Property Tax Credit applies to me?

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TD Ameritrade said I needed to take money from my investment account. They sent me the money. Does that mean interest?

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If I live with mother help little with rent and pay my car note and car insurance does that mean I support myself

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Can you enter your rent on your state tax?

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I work overseas for the DoD. I pay rent for a home in Belgium, but I receive LQA and am reimbursed for most of that rent. I can't claim that rent on taxes, correct

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I pay rent. Is this included in tax breaks or otherwise relevant info to my tax return?

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Can I claim hotels as rent? I stayed in hotels for a large portion of 2020 with no personal residence.

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Is a phd a master degree

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Where it asks to add the total qualified rent paid, does it mean the rent for the total year or the month?

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I am currently renting a home - I do not own. Do I need to enter any of this information?

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Does the low income property tax have the advance program like the Homestead?

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I do not have the ability to pay the entire amount of capital gains tax in one year may I spread it out over two years?

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If I gift $16k of stock this year to my daughter and she then sells the stock, what tax rate is used on the capital gain? Hers or mine? Thanks in advance!

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Form 4797: Did Improvements, sold rental property, What is the Gross Sales Price of Improvements?

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Do I owe taxes that accumulated in a mutual fund but does not pay income and not has not been sold?

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Why do I need to upgrade? I did not have capital gains or a losses schedule D

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Is paying my own rent the same as room and board?

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Do I have to claim unrealized gains? I have a brokerage account profit not realized, i did not take the cash out. do i claim that ?

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I do not pay rent or own a home but the state taxes are asking me about it and wanting me to enter landlord info. how can i get rid of that?

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Why does the Location of Rented Property page keep showing up on my Vermont Tax Return completion when I have already indicated that we do not rent we own our home?

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I received a Form3921 for some employee stock options that I sold. Where do I include this on my returns?

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Where do I add rental credit?

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I have a roommate that I split rent with. Is my monthly rent just the portion I pay?

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Home inspection, appraisals and other deductions part of purchasing rental property process

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Capital gains tax

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Can I file a W-2 on TurboTax using just my employer ID number? I noticed it did not fill in all the other boxes are they necessary or will that get sorted out later.?

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Where do I claim rent I paid for 5 months

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I owned a home for all of 2020. I also had to move into an independent living facility and paid rent. Can I claim both?

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Hi I lost $2000 from the stock market, how can I get a tax reduction

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Why does Turbotax not ask me about recovery rebate? This has been noted on Reddit complaining as well.

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If I made less than $5 in interest from my savings account and from investments made through Robinhood and I did not get any 1099 forms, do I need to report it?

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I purchased stock through Robinhood to make money. I received a promotional stock, valued at $3.50. It was included on my 1099. Is this a Self-Employed business?

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How do I enter information regarding my home office deductions when I rent and do not have a mortgage?

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I have to rent a property in another city for my job. Am I able to deduct the rent and utilities because it's for my job?

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I am trying to fill out my "Federal Carryover Worksheet", what do i put in Line 24, 1st Column?

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For home expenses, the rent paid question, is that the monthly rent or for the total time I was working from home?

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My Dad had to move to a senior living facility. He paid both a mortgage all year and his monthly rent at the facility. Can he have both on his taxes?

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I owe around $1000. in Federal Taxes. I want to put some in an HSA or investment account to off set this amount. How do I know how much I should deposit?

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How long do I report cash out of loan that has since been refi'd?

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I am French, moved back to France in 2019. We own a house that is rented, with a mortgage. Our salaries are in France. Does this tax return look ok to you?

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California information worksheet - principal residence yes or no must be selected.

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How/when do I pay tax on rental income from a property we own free and clear in Kansas, If I work in Arizona?

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We received shares from my husbands company this year, but didn't receive a 1099-DIV. Is there a reason we wouldn't receive one?

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I have a temp job (9 months) in another state, and have rented an apartment to stay in during the week. Can I take the rent off fed taxes as an expense?

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How do I account for a CD being cashed out?

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Is my state refund that I received last year being counted as income this year?

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where to input info

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I got tax withheld in my investment account because of incorrect SSN. How can I file for a refund?

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Can i claim that i pay rent for a house my husband is buying but does not live in with me?

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I made small investments in the beginning of 2020 with a stock trading app. At one point did sell around 200.00 worth for a 50.00 increase, do I need to claim it?

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Should I claim my rent if I'm not on the lease

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On Wages and Income is question from Fidelity Investments:What is Fidelity.com Username on form. I don't know answer.

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What does renters share total 2020 rent mean

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I reside in NJ and rent my home but have a second home in NY that has a mortgage Is the interest and tax on the 2nd home deductible?

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Can I file more than one year for renter rebates

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Where do I put my maintenance

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Should I mark yes for renter's credit if I paid rent here, even though I don't own this home?

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Do I need to report? I was gifted a stock (<$4 from Robinhood) when account opened 4/2020. On 12/31/20 it was valued at $33.91. No money received. Report?

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Hi, can I claim the amount my insurance company says that I paid to doctors even though I paid less then the explanation of benefits says?

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Where would I insert the cost of living aka rent

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When i am going to receive my rental refund

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I lived in Vietnam for all of 2019, and earned all of my income there. Can I count my rent payments in Vietnam on my taxes?

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In 2019, I paid both rents and mortgage. But I don't see a place for rents tax breaks? How do I find that?

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Can I hold off on depreciating rental property furniture?

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How fill your 1099 div on your kids

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Do we claim our disabled son's rent as rental income to us? It comes from his SSI check each month. Must we amend our 2018 & 2019 returns then ?

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I was fired due the COVID19 crisis, then I was rehired in a lower payroll position, I cant pay my rent and other things, Do I qualify for a 401K withdrawal?

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CCA claim on joint rental property not showing up correctly

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I bought an RV and sold it, but I don't know where is the section to declare it?..someone, Can help me with this question?

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Can I file my CRP now on turbotax?

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I messed up the rental part, I never paid rent or had a landlord.

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I would like to know what should I do to receive my stimulus check money from the federal to pay the rent and I have a child

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How much is needed to set aside for when we receive the stimulus check? I’m assuming we’ll have to write that on next years tax return

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DO I HAVE TO TAKE THE STANDARD DEDUCTION IF I HAVE HAD A RENTAL PROPERTY BEFORE I GOT MARRIED. I'VE HAD THE RENTAL PROPERTY SINCCE FEBURARY AND MARRIED IN AUGUST.

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How to my rent mortgage?

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Home equity loan

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I have investments/savings for my kids. Do I need to claim this on my taxes?

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Is a letter from the drs. Office and rental lease enough proof that dependents live with me

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I have a rental property (with mortgage) in another country. This year is my first year reporting tax in the US, should I report the property abroad as an asset?

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I am buying my home rent to own. Do I qualify as the home owner.

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Where do I find the place to file my certificate of rent paid

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Should I have received some kind of tax form from my former employer when I sold shares from stock options as they are a French company?

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Can we write off both the rent n the closing fees ?

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My Mom died last year. Now we got rental properties in Germany. Do i have to upgrade to TurboTax Live premier or anything els because it is in Germany?

Do you have a TurboTax Online account?

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