Investors & Landlords Tax Forum Q&A

Declaring capital gains on sale of vacant land

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Need help with K1 and it's 199A with TurboTax

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9 Replies 6997 Views

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Residential real estate - calculation of cost basis, depreciation and capital gains

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12 Replies 533 Views

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Seeking guidance - I’m going to owe a huge amount of taxes April 2023 Due to massive short term capital gains

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Consequence of day trading and wash rule

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Late 2020 Corrections to 1099 Increased Capital Loss Carryover from 2020

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Adjusting Cost Basis for downloaded 1099-B Mutual Fund Sale that has both Long and Short Term Gains

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4 Replies 189 Views

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Sales from RSA with 83(b) – Long term or Short term?

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1 Reply 50 Views

1 Reply

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Entering Short term and Long term sales directly on Schedule D without needing Form 8949.

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Capital Gains losses/deduction and AMT

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Form 8949 Part II with Box F checked

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Calculating capital gains

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How or where to report remodeling expenses on a non-primary home that we sold

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1 Reply

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Lived in Indiana till March and then moved to CA. I have capitol gain/loss for the whole year. So for capitol gain/loss , how to divide loss/gain between the states?

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tax on capital gains

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Navigating wash sales that includes closed position

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Long Term Capital Gain impact on Federal Tax Due

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1099-misc

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I need some help I'm over the 4000 transaction limit and the only form I have is Form 8949.

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2 Replies 162 Views

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Capital Gains avoidance for mutual fund sales.

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Can I carryover capital loss from 2019 (NRA) to 2020 (RA)?

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1 Reply

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Do I need to report Capital Gains if the amount of nondividend distribution exceeds my cost basis

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1 Reply 275 Views

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Handling RSU and ESPP in same stock lot of 1099

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1 Reply 150 Views

1 Reply

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Depreciation recapture - selling main residence after a period of rental

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7 Replies 484 Views

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484 Views

Confused about rental property sale

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40 Replies 2191 Views

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2191 Views

Sanity check: capital gains listed is higher than the profit made

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5 Replies 222 Views

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222 Views

Part Year MICHIGAN resident. How to adjust MI CAP gains. Not all stock sales reported in federal are copied to STATE.

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6 Replies 297 Views

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Using passive activity losses in other investments to offset rental property sale gain

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Personal Property cost unknown

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2 Replies 121 Views

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Recieve error "Hit a slight snage in this section" when reviewing federal return for Stocks, Mutual Funds, Bonds, Other

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3 Replies 298 Views

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Capital Gains part-year resident split - federal capital gains is not equal to amount on state taxes

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5 Replies 331 Views

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How to Enter Missing Cost Basis for Mutual Fund Sale

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How to use 2021 Turbotax Deluxe to report Sale of Vacant Land in 2021

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capital gains on a rental property

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3 Replies 234 Views

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Reporting gains and losses not reported on 1099B

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1 Reply 79 Views

1 Reply

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do i use acquisition cost or adjusted cost when it comes to ESPP and RSU on qualified long term holds

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L1 Spouse (L2 Visa) with EAD and Passive Income Investment?

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1 Reply 72 Views

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Why are the sales proceeds and/or cost basis so high on my 1099-B?

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17 Replies 7659 Views

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Do I have to track and report wash sales if I close my position prior to year end?

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Capital Gains on Sale of INHERITED Stock ?

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2021 Schedule D Tax worksheet not current

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Why does Turbo Tax show long term capital gain on a short term transaction

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NSO Income and Taxes withheld not reported on W-2

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RSUs sold to cover taxes show a gain sent to the government, why am I being taxed on this gain?

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4 Replies 227 Views

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Capital loss carryover not generating for 2019

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44 Replies 5951 Views

44 Replies

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sale of non-rental property in india

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5 Replies 362 Views

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Quarterly Taxes for Capital Gains (gain/loss)

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1 Reply 81 Views

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I refinanced my dad's loan under my name. He pays the mortgage and the HOA fees. Do I have to claim this as income?

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Sold Put options expire on Dec 31

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1 Reply 111 Views

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Decrease capital gains by gifting

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When renting out a room, is depreciation still subject to recapture? What about capital gains?

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How to interpret the 2 of the 5 year primary home rule for capital gains on property?

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Married Filing Jointly for Capital Loss

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2 Replies 264 Views

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Longterm Capital Gains: A single rate, or multiple rates across annual income?

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2 Replies 336 Views

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Capital gains with gift of equity?

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3 Replies 440 Views

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Can I prorate capital gains if we lived in a place for less than 2 years, rented for 4 years? We converted it into rental property when I was transferred by my company to the US.

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Capital Gains Exemptions

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How does Qualified Opportunity Zone investment affect MAGI?

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Quartley taxes

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Increasing my W-4 withholdings Or make estimated tax payment in anticipation of capital gains

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4 Replies 608 Views

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Tax treatment of a sale of an overseas inherited property

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2 Replies 260 Views

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Wash sale adjustment

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Long term capital gains payment tiers

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issue when filing taxes on my sold home

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Capital Loss Carryover from 2018

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Adjustments for capital gains while filing state return

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1099-B has fewer sale lots (NQSO) than supplemental form. Skip reporting cost basis?

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Confused between K1 and 1099B

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Back Door Roth - Taxes

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1 Reply 127 Views

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Short term capital gains

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2 Replies 286 Views

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I think I've made a significant rental home depreciation mistake

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1 Reply 483 Views

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Adjust 1099 information due to back-dated change of residency.

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my broker statement lists ""Wash Sale Loss Disallowed" Where do I enter this figure?

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2 Replies 166 Views

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Long Term Capital Gain on a Rental Property

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5 Replies 580 Views

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580 Views

Selling a co-owned home

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6 Replies 465 Views

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465 Views

How to report multiple entries of RSUs on Turbotax

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MLP ordinary income in wrong place on Form 8949? And is statement required?

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Harvesting the 0% tax rate on Long Term Capital Gains on Stocks, with zero income

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Received small payout from defunct fund without any reporting form

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2 Replies 275 Views

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PFIC Tax calculation New Resident

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Can a property I co-own be considered a rental/investment for me and primary for the other co-owner(s)?

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5 Replies 454 Views

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454 Views

Cost basis adjustment for Wash Sales dealing with options...

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1 Reply 140 Views

1 Reply

140 Views

Quarterly Estimated Tax Payments for Capital Gains

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2 Replies 830 Views

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Investing in stocks

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1 Reply 129 Views

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Sale of Second home

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3 Replies 327 Views

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Sale of Property

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1 Reply 114 Views

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Form 1099 B

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Long term vs Short term Gains

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757 Views

1099b

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1 Reply 86 Views

1 Reply

86 Views

Which code to use for Form 8949 Part I Column (f) for Sales Schedule of Schedule K-1 from MLP

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1 Reply 193 Views

1 Reply

193 Views

What form to use for sale of shares in a private company after they vested. Not reflected in wages and no 1099B form. Thank you.

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Capital Gains on sale

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1 Reply 238 Views

1 Reply

238 Views

1099-B Income (capital gain/loss)

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1 Reply 176 Views

1 Reply

176 Views

Capital Loss from Passive Activity in Real Estate

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3 Replies 455 Views

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455 Views

Will my investment loss this year carryover into a future trading LLC I plan on creating next year?

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5 Replies 366 Views

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Calculating if Capital Gain is Long Term

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Form 8453

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Sold a number of puts in 2020, getting multiple, 'check this entry' flags under 'Review'

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9 Replies 584 Views

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Capital Gains and Losses shows different value in Turbotax 2020

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1 Reply 195 Views

1 Reply

195 Views

Financial interest in any virtual currency? " on IRS form 1040

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2 Replies 576 Views

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576 Views

Are PFICs held in an HSA subjected to reporting requirements and taxes?

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1 Reply 110 Views

1 Reply

110 Views

Short term gains and losses - married filing jointly

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1 Reply 150 Views

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150 Views

Need to include 'sell to cover' shares used for tax withholding and listed on 1099-B as part of vested RSUs as sold shares on Form 8948? @TomYoung

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1 Reply 257 Views

1 Reply

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Selling a rental - depreciation recapture

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3 Replies 2140 Views

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2140 Views

In the first year of Mark to Market (M2M) accounting, what happens to existing long term holdings?

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5 Replies 520 Views

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Selling inherited property

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How to properly enter the sale of restricted stocks

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Sale through 1031 exchange of half interest of commercial rental property - how to report

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3 Replies 400 Views

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Correct Cost basis

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ESPP sell vs. exercise

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8949 and Schedule D - wash sales

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Sale of Section 1031 property

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1 Reply 141 Views

1 Reply

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Sold rental property

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2 Replies 402 Views

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402 Views

My TD Ameritrade document shows a short sale loss of $577.00 that also shows "not allowed" and "not reported to IRS" what do I do with it???

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1 Reply 98 Views

1 Reply

98 Views

Proceeds From Real Estate Transaction

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4 Replies 996 Views

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Selling Rental Property after Divorce and Reporting Capital Gains

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2 Replies 463 Views

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463 Views

Depreciation recapture on partial rental of personal home

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1 Reply 224 Views

1 Reply

224 Views

"investment sales will be ready soon"

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3 Replies 749 Views

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749 Views

zero tax rate for 2020 long term capital gains

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1 Reply 404 Views

1 Reply

404 Views

6781 not transferring correctly

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5 Replies 566 Views

5 Replies

566 Views

Are capital gains on US Treasury bills/notes/bonds subject to New York state income tax?

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1 Reply 1049 Views

1 Reply

1049 Views

Does your standard deduction apply to your calculated annual income for short term capital gains?

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Capital gains on sale of rental property

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Do I have to pay self employment taxes being a stock trader?

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I sold large amount of capital gains. What are my options to reduce taxes

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Sold $100,000 stock can I place in IRA and do Roth Conversion

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Will rental property losses offset capital gains losses?

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1099s

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Sold rental property and I need help with figuring out the numbers and how to enter them into basic turbotax. This is holding up my taxes from going through.

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I live in WA and own a rental property in CA. If I am filing with a single status where I gained $100k from the sale, what is the tax calculation?

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6 Replies 845 Views

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Must I attached 1099-B to return for filing when I've entered sales in the aggregate, not individually?

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1 Reply 165 Views

1 Reply

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incorrect cost basis on 1099, Volkswagen stock (VLKPY) converted to OTC in 2018 with new symbol VWAPY

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Reporting cash in lieu of fractional share from spin-off

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TurboTax Federal taxes due estimate is not correct when entering long-term gains

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2 Replies 447 Views

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Capital Gains from sale of inherited farm

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Sold renovated rental property acquired from quitclaim within a year

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form 4989

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Can I adjust cost basis of remaining stock to correct for a cost reporting error on a prior sale?

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capital loss due to bankruptcy

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Question about form K1 line 19 item A and carrying over losses

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Capital Gains on home sale

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11 Replies 3154 Views

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Cost basis of DRP Shares

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K-1 $0 capital gain not showing up in 8949

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1 Reply 382 Views

1 Reply

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assets

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delux turbo tax

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1 Reply 552 Views

1 Reply

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