Investors & Landlords Tax Forum Q&A

1099-NEC for rents?

by on Latest post on by

3 Replies 1600 Views

3 Replies

1600 Views

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

by on Latest post on by

1 Reply 4319 Views

1 Reply

4319 Views

Basic Turbotax

by on Latest post on by

3 Replies 5887 Views

3 Replies

5887 Views

Trade date v settlement date IRS rules

by on Latest post on by

10 Replies 11770 Views

10 Replies

11770 Views

Long Term Capital Gain Tax

by on Latest post on by

1 Reply 13900 Views

1 Reply

13900 Views

Download TAX Data from Fidelity fails (again)

by on Latest post on by

3 Replies 2880 Views

3 Replies

2880 Views

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

by on Latest post on by

3 Replies 2322 Views

3 Replies

2322 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 493 Views

1 Reply

493 Views

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

by on Latest post on by

6 Replies 2247 Views

6 Replies

2247 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 577 Views

1 Reply

577 Views

Reporting Property Installment Sales in Turbo Tax 2023 Desktop

by on Latest post on by

2 Replies 1269 Views

2 Replies

1269 Views

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

by on Latest post on by

2 Replies 780 Views

2 Replies

780 Views

1116 foreign tax credit comp wks error

by on Latest post on by

1 Reply 540 Views

1 Reply

540 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 1901 Views

4 Replies

1901 Views

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

by on Latest post on by

3 Replies 5982 Views

3 Replies

5982 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 640 Views

1 Reply

640 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 1799 Views

3 Replies

1799 Views

Divorce and Rental Income

by on Latest post on by

5 Replies 2910 Views

5 Replies

2910 Views

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

by on Latest post on by

5 Replies 3668 Views

5 Replies

3668 Views

How to report renovation and sale of rental property

by on Latest post on by

1 Reply 548 Views

1 Reply

548 Views

sale of a 2nd house

by on Latest post on by

4 Replies 1791 Views

4 Replies

1791 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 6168 Views

8 Replies

6168 Views

Capital Gains and Losses shows different value in Turbotax 2020

by on Latest post on by

1 Reply 748 Views

1 Reply

748 Views

Taxes with Robinhood

by on Latest post on by

1 Reply 723 Views

1 Reply

723 Views

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

by on Latest post on by

6 Replies 46181 Views

6 Replies

46181 Views

Does 2020 TurboTax Basic Import 1099s?

by on Latest post on by

7 Replies 2883 Views

7 Replies

2883 Views

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

by on Latest post on by

1 Reply 823 Views

1 Reply

823 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 4797 Views

4 Replies

4797 Views

Early distributions on Roth IRA?

by on Latest post on by

3 Replies 1440 Views

3 Replies

1440 Views

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

by on Latest post on by

7 Replies 2475 Views

7 Replies

2475 Views

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

by on Latest post on by

9 Replies 47797 Views

9 Replies

47797 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 1654 Views

4 Replies

1654 Views

Confusion on treatment of long term capital gains

by on Latest post on by

1 Reply 746 Views

1 Reply

746 Views

TT tax calculation 2018 tax year

by on Latest post on by

4 Replies 1760 Views

4 Replies

1760 Views

Capital Account not adding correctly in TT Basic 2019

by on Latest post on by

2 Replies 1250 Views

2 Replies

1250 Views

2019 Form 8995 Loss carry forward and from 8582

by on Latest post on by

2 Replies 859 Views

2 Replies

859 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 1004 Views

1 Reply

1004 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 1126 Views

1 Reply

1126 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 1238 Views

1 Reply

1238 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 1186 Views

1 Reply

1186 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 3071 Views

1 Reply

3071 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 1621 Views

1 Reply

1621 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 6415 Views

7 Replies

6415 Views

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

by on Latest post on by

1 Reply 1462 Views

1 Reply

1462 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 1141 Views

1 Reply

1141 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 3147 Views

3 Replies

3147 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 2710 Views

6 Replies

2710 Views

Philadelphia pa school tax based on stock dividends and investments

by on Latest post on by

2 Replies 2286 Views

2 Replies

2286 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 1362 Views

1 Reply

1362 Views

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

by on Latest post on by

1 Reply 1073 Views

1 Reply

1073 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 1285 Views

1 Reply

1285 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 2028 Views

1 Reply

2028 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 1272 Views

1 Reply

1272 Views

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

by on Latest post on by

1 Reply 894 Views

1 Reply

894 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 1958 Views

5 Replies

1958 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 1220 Views

1 Reply

1220 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 2715 Views

1 Reply

2715 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 1104 Views

1 Reply

1104 Views

Can I deduct the expenses of adding a room?

by on Latest post on by

2 Replies 1330 Views

2 Replies

1330 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 1422 Views

1 Reply

1422 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 858 Views

1 Reply

858 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 1160 Views

1 Reply

1160 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 1458 Views

3 Replies

1458 Views

Do you have a TurboTax Online account?

Topics with Label: TurboTax Basic Windows