Investors & Landlords Tax Forum Q&A

Future 2025 Sale of 100% Rental Property

by on Latest post by

13 Replies 19875 Views

13 Replies

19875 Views

Re: "How much of your loan did you use to build, remodel, or repair the property it's secured by?" I assume this means only expenses/improvements/repairs in 2022?

by on Latest post by

7 Replies 2179 Views

7 Replies

2179 Views

Where do I report a 1099-misc for a good neighbor agreement I have for wind turbines, I get rental income but it just allows them to be on the property next to me?

by on Latest post on by

10 Replies 3763 Views

10 Replies

3763 Views

Where do I put the long term capital loss carryover

by on Latest post on by

2 Replies 2705 Views

2 Replies

2705 Views

do I have Arkansas short-term capital loss carryover 2024

by on

0 Replies 1307 Views

0 Replies

1307 Views

Re: the question, "How often did you get income for Hobby gains received from PredictIt?" Do I check "You got it in 2022" even though I already reported it for that year?

by on Latest post on by

2 Replies 18757 Views

2 Replies

18757 Views

I spent $9419 for bathroom renovation. Can I use this for tax credit?

by on Latest post on by

4 Replies 4527 Views

4 Replies

4527 Views

how do i enter airbnb rentals?

by on Latest post on by

1 Reply 3470 Views

1 Reply

3470 Views

I opened up a sole-proprietorship LLC to manage my rental property in Dec 2024. Do I need to file this income on my personal tax return or a separate business filing?TIA!

by on Latest post on by

1 Reply 9955 Views

1 Reply

9955 Views

Does Turbotax Premier allow me to report rental property income?

by on Latest post on by

6 Replies 7286 Views

6 Replies

7286 Views

Entered the capital gains twice. How do I delete?

by on Latest post on by

1 Reply 2505 Views

1 Reply

2505 Views

can i find the part to enter a saving bond?

by on Latest post on by

2 Replies 1865 Views

2 Replies

1865 Views

HOW DO I ENTER MARKET DEPRECIATION OF $29.90 IN TURBOTAX?

by on Latest post on by

3 Replies 603 Views

3 Replies

603 Views

I paid for everything but had assistance with rent from my father. Was I supported?

by on Latest post on by

1 Reply 731 Views

1 Reply

731 Views

doing taxes for my grandson he 17 year old is it not free for his filling his taxes form?

by on Latest post on by

1 Reply 276 Views

1 Reply

276 Views

Where to enter interest on savings acct. interest paid = 1,074.30

by on Latest post on by

1 Reply 836 Views

1 Reply

836 Views

Do l have to claim the interest on my Certificates of Deposit if they have not been cashed out yet?

by on Latest post on by

1 Reply 1233 Views

1 Reply

1233 Views

I am forced to updgrade due to sold stock, bonds, mutual funds but I did not sell any

by on Latest post on by

1 Reply 391 Views

1 Reply

391 Views

Rental property/Primary residence

by on Latest post on by

1 Reply 1621 Views

1 Reply

1621 Views

Federal Carryover Worksheet 2024

by on Latest post on by

1 Reply 580 Views

1 Reply

580 Views

Can I claim additional living expenses due to a federal disaster? I couldn't move back into my apartment (not inhabitable) and had to rent a car because it was totaled.

by on Latest post on by

1 Reply 2957 Views

1 Reply

2957 Views

If I rented for 5 months and owned for the remaining 7 months in DC, do I qualify for the DC Homeowner and Renter Property Tax Credit?

by on Latest post on by

1 Reply 1348 Views

1 Reply

1348 Views

I do not have a capital loss carryover from 2023 but can't file until it is fixed. How do I get this removed?

by on Latest post on by

1 Reply 554 Views

1 Reply

554 Views

Is there a way I can delete a past CRP? My CRP from last year keeps popping up at the end saying the ending date is not in the current tax year.

by on Latest post on by

1 Reply 240 Views

1 Reply

240 Views

Are total ordinary dividends the same as investment expenses?

by on Latest post on by

1 Reply 598 Views

1 Reply

598 Views

Do I have to include my Robinhood info about investments when Robinhood did not provide me a consolidated 1099? If I do, how do I include it etc?

by on Latest post on by

1 Reply 1911 Views

1 Reply

1911 Views

If my stocks were in the negatives for investments and 0 for dividends, do I need to upload my 1099-B?

by on Latest post on by

1 Reply 464 Views

1 Reply

464 Views

TurboTax says I have significant capital gains, but there is no Schedule D explaining where they come from. What do I do?

by on Latest post on by

1 Reply 729 Views

1 Reply

729 Views

My husband & I both pay rent for our apartment = we have 2 CRPs. How do I put in 2 CRPs without getting sent to page "lived in more than one rental" (we rent 1 apartment)

by on

0 Replies 911 Views

0 Replies

911 Views

Where can I see how Turbotax calculated my Capital Gains of $29,555? I've looked at my tax forms and a Schedule D is not required. I can't find the calculation anywhere.

by on Latest post on by

1 Reply 1339 Views

1 Reply

1339 Views

printing

by on Latest post on by

1 Reply 210 Views

1 Reply

210 Views

TT not applying 30 year depreciation method for foreign rental property (2024 filing)

by on Latest post on by

8 Replies 3361 Views

8 Replies

3361 Views

Can I add the Expense oh my U-Haul to my Transportation fee?

by on Latest post on by

1 Reply 619 Views

1 Reply

619 Views

certificate of rent paid does not open

by on Latest post on by

1 Reply 467 Views

1 Reply

467 Views

Where do you enter the costs associated with home improvement for a rental property inside of Turbo tax for the deductions?

by on Latest post on by

1 Reply 1701 Views

1 Reply

1701 Views

Loan interest for rental property

by on Latest post on by

5 Replies 1647 Views

5 Replies

1647 Views

Related to Renter's credit - does it matter the amount of rent i paid to determine if i'm eligible for renter's credit?

by on Latest post on by

1 Reply 654 Views

1 Reply

654 Views

Why is the capital loss carryover screen showing incorrect calculations?

by on Latest post on by

1 Reply 1927 Views

1 Reply

1927 Views

How to report form 1099-G state refund when becoming resident alien?

by on Latest post on by

5 Replies 2850 Views

5 Replies

2850 Views

got a 1099-k from ebay. Schedule 1 form 1040 right at the top lets you claim items at a loss. Where in turbotax can I claim a loss?

by on Latest post on by

1 Reply 495 Views

1 Reply

495 Views

Do I include my 1099-MISC income for leasing pine straw from our trees, as Rental income from the rental of real estate tax form?

by on Latest post on by

1 Reply 693 Views

1 Reply

693 Views

I am a psych professional maintaining my professional license by paying for ongoing training. How do I enter this expense in my tax return?

by on Latest post on by

1 Reply 955 Views

1 Reply

955 Views

Where do I report short term capital gains under $10.00 (so too small to generate a 1099)? Dividend income was also under $10.00 so no 1099 for this account.

by on Latest post on by

4 Replies 833 Views

4 Replies

833 Views

Sale of Parents Home with name on deed

by on Latest post on by

7 Replies 6008 Views

7 Replies

6008 Views

How is Form 8960 line 9b calculated by TurboTax?

by on Latest post on by

25 Replies 17728 Views

25 Replies

17728 Views

How can i file my renter rebate on my taxes

by on Latest post on by

47 Replies 13398 Views

47 Replies

13398 Views

Should "marketing fees" for a short-term rental charged by a management company be put on line 5 or line 11 of schedule e?

by on Latest post on by

1 Reply 998 Views

1 Reply

998 Views

how do I report interest from Series I Savings Bond?

by on Latest post on by

5 Replies 4148 Views

5 Replies

4148 Views

where do I enter ordinary loss from an investment sale .... form 4797

by on Latest post on by

1 Reply 353 Views

1 Reply

353 Views

DO NOT KNOW WHERE TO ENTER THE ROBINHOOD STOCKS I HAVE.

by on Latest post on by

1 Reply 268 Views

1 Reply

268 Views

how do I add carry over capital gain loss

by on Latest post on by

1 Reply 750 Views

1 Reply

750 Views

DO NOT KNOW WHERE TO ENTER THE ROBINHOOD STOCKS I HAVE.

by on Latest post on by

1 Reply 290 Views

1 Reply

290 Views

where is this Fedeal ID that wanted. Don't see anything # on this form.

by on Latest post on by

1 Reply 282 Views

1 Reply

282 Views

If CRP is pulling in and I do not rent, how can I get rid of this form / why is it auto-pulling into my submission?

by on Latest post on by

1 Reply 368 Views

1 Reply

368 Views

i have billboard rental without a1099R? Two such forms.

by on Latest post on by

1 Reply 275 Views

1 Reply

275 Views

Do I report income and expenses from a self directed ira with a rental?

by on Latest post on by

12 Replies 6396 Views

12 Replies

6396 Views

I don’t want to claim the money I contribute to the household as rent, I need to change it on my MA tax return 2024

by on Latest post on by

1 Reply 1240 Views

1 Reply

1240 Views

sales of raw land?

by on Latest post on by

1 Reply 250 Views

1 Reply

250 Views

Will I be able to get deductions for the appliances, repairs and paint for my new primary residence?

by on Latest post on by

2 Replies 1467 Views

2 Replies

1467 Views

Sale of Rental Property - TurboTax asked me to remove

by on Latest post on by

1 Reply 2016 Views

1 Reply

2016 Views

Where to enter 1099-K personal items sold? Help text says it is entered under Investments & Savings, however there is no 1099-K section there.

by on Latest post on by

1 Reply 1265 Views

1 Reply

1265 Views

Can I claim my son if I don't pay rent where we live ?

by on Latest post on by

1 Reply 316 Views

1 Reply

316 Views

1099-MISC form. It was for selling my Disney Vac Club points to others to stay at a Disney Resort. do I use rental income or nonbusiness income. I don't own real estate.

by on Latest post on by

1 Reply 619 Views

1 Reply

619 Views

Is the rent payment for entire home asking about on a monthly basis, or for the whole year? same question for utilities.

by on Latest post on by

1 Reply 1901 Views

1 Reply

1901 Views

Is a renovated kitchen in the unrented portion of a partially rented home a depreciable rental asset?

by on Latest post on by

2 Replies 2591 Views

2 Replies

2591 Views

TurboTax didn't prompt me to input mortgage interest on rental property for 2023 but is for the same property in 2024, resulting in substantial refund difference

by on Latest post on by

2 Replies 7365 Views

2 Replies

7365 Views

Do I need to id AZ capital gains acquired after 12/2011? The gain is from the increase in market value, nothing was sold. involves purchases over several years.

by on Latest post on by

1 Reply 1270 Views

1 Reply

1270 Views

Claim total investment loss due to bankruptcy

by on Latest post on by

9 Replies 27488 Views

9 Replies

27488 Views

Why is there a section to fill out for a Certificate of Rent Paid if I have not lived at that address for 3 years now? This is not something I have had on my taxes before

by on Latest post on by

1 Reply 1188 Views

1 Reply

1188 Views

what is basis of Baily settlement?

by on

0 Replies 599 Views

0 Replies

599 Views

I work at home and have no desk on location at my company. It is strictly work at home. Are there deductions in rent or energy costs available?

by on Latest post on by

1 Reply 2336 Views

1 Reply

2336 Views

It won't let me add my rent paid on line 12

by on Latest post on by

1 Reply 306 Views

1 Reply

306 Views

If I sold RSUs that were granted in California while I was residing in Oregon, do I owe capital gains taxes to California?

by on Latest post on by

1 Reply 2715 Views

1 Reply

2715 Views

I live in The Armed Forces Retirement Home, can i deduct my monthy rental fee?

by on Latest post on by

1 Reply 824 Views

1 Reply

824 Views

How did TurboTax arrive at DEPRECIATION ALLOWED AMOUNT, on SCHEDULE E WORKSHEET, (Part VII), Line 51, of $10.00 ??

by on Latest post on by

10 Replies 3290 Views

10 Replies

3290 Views

Where does the Rent certificate information get entered?

by on Latest post on by

1 Reply 760 Views

1 Reply

760 Views

DOES MY MOM IN LTC COUNT HER ASSISTED LIVING COST AS RENT?

by on Latest post on by

1 Reply 590 Views

1 Reply

590 Views

October 2024 one of my investments filed for bankruptcy which resulted in a loss. Can I deduct this loss from my taxes? If so, what is the maximum and how do I report it?

by on Latest post on by

1 Reply 3184 Views

1 Reply

3184 Views

How do I report my Canadian investments (TFSA) for my US Federal and California State tax returns?

by on Latest post on by

1 Reply 3404 Views

1 Reply

3404 Views

I have a part time equipment rental S Corp, where do I show my income

by on Latest post on by

1 Reply 488 Views

1 Reply

488 Views

MIU (Management incentive unit) reporting

by on

0 Replies 2805 Views

0 Replies

2805 Views

Where do I enter a long-term capital loss on Turbo Tax Deluxe?

by on Latest post on by

5 Replies 3194 Views

5 Replies

3194 Views

how do i report savings bond interest in turbo tax

by on Latest post on by

1 Reply 1017 Views

1 Reply

1017 Views

can I claim the rent I paid for 2024

by on Latest post on by

2 Replies 1761 Views

2 Replies

1761 Views

How do I remove that I payed rent on my state taxes?

by on Latest post on by

1 Reply 489 Views

1 Reply

489 Views

Do I pay income taxes for renting a home at less than fair market value?

by on Latest post on by

6 Replies 27212 Views

6 Replies

27212 Views

Where do I claim rental income on turbo tax? Do I need a different turbo tax process than the regular one?

by on Latest post on by

2 Replies 1403 Views

2 Replies

1403 Views

For my daughter's taxes, how do I answer whether my full-time student supported herself? She worked 3 jobs to pay for food and car, but I helped with rent.

by on Latest post on by

2 Replies 1422 Views

2 Replies

1422 Views

How do I enter investment advisory/management expenses?

by on Latest post on by

1 Reply 599 Views

1 Reply

599 Views

I had a house fire in February of 2017. I rented the house so all of the belongings were mine but I rented the home. I didn't have renters insurance so how can I claim?

by on Latest post on by

3 Replies 1358 Views

3 Replies

1358 Views

How do I remove rental property?

by on Latest post on by

1 Reply 514 Views

1 Reply

514 Views

how I can include rent

by on Latest post on by

1 Reply 492 Views

1 Reply

492 Views

Can I claim a deduction for at home oxygen-generator rental co-pay?

by on Latest post on by

2 Replies 1307 Views

2 Replies

1307 Views

where can i add renters credit if i paid rent?

by on Latest post on by

1 Reply 1085 Views

1 Reply

1085 Views

Gold ETF Transaction - Needs Review

by on Latest post on by

3 Replies 2067 Views

3 Replies

2067 Views

1099 DIV -Which state is your exempt-interest dividends from? Is it state where the company is headquartered or the state where my broker is or the state where I live?

by on Latest post on by

2 Replies 1284 Views

2 Replies

1284 Views

Where do I enter my 2023 certificate of rent paid if I did not complete it last year?

by on Latest post on by

3 Replies 1410 Views

3 Replies

1410 Views

What is market price on grant date for ESPP stock sale

by on Latest post on by

1 Reply 2411 Views

1 Reply

2411 Views

Deducting expenses from destroyed property

by on Latest post on by

1 Reply 2165 Views

1 Reply

2165 Views

I have a family member living with me. He pays $600 monthly rent and $200 toward bills. How do I report this?

by on Latest post on by

3 Replies 3331 Views

3 Replies

3331 Views

Sale of Intangible Asset

by on Latest post on by

2 Replies 3645 Views

2 Replies

3645 Views

Entering negative numbers Schedule K-1

by on Latest post on by

1 Reply 597 Views

1 Reply

597 Views

Does AMT trigger long term capital gains (LTCG) being taxed at higher rate?

by on

0 Replies 1653 Views

0 Replies

1653 Views

Disqualifying ISO disposition, but compensation not included on W-2

by on

0 Replies 2240 Views

0 Replies

2240 Views

I did not sell stock. How do I remove the Exercise of Stock Options Worksheet?

by on Latest post on by

2 Replies 4040 Views

2 Replies

4040 Views

STASH

by on Latest post on by

1 Reply 1503 Views

1 Reply

1503 Views

Does rental deduction deducted from only rental income or the entier income including W2 income for example

by on Latest post on by

22 Replies 14701 Views

22 Replies

14701 Views

depreciation on rental property transferred to an LLC

by on Latest post on by

16 Replies 15469 Views

16 Replies

15469 Views

Planning for 2021 taxes. Trying to find out if my only income is social security and I sell stock do I incur capital gains tax?

by on Latest post on by

4 Replies 1070 Views

4 Replies

1070 Views

Sold House which I rented part of? How to?

by on Latest post on by

1 Reply 5079 Views

1 Reply

5079 Views

I earned money cleaning house for a friend but they are not reporting the expense. how do I file?

by on Latest post on by

11 Replies 20230 Views

11 Replies

20230 Views

Rental Income Should Be Active

by on Latest post on by

4 Replies 21820 Views

4 Replies

21820 Views

Do i hav. To upgrade to premium to use my capital loss carryover deduction?

by on Latest post on by

2 Replies 8034 Views

2 Replies

8034 Views

I have 2022 short & long term capital loss carry forward amounts. How (where) are they claimed on my 1040?

by on Latest post on by

5 Replies 1479 Views

5 Replies

1479 Views

How do I enter moving expenses and rental expenses when turbo tax wants to use the standard deduction?

by on Latest post on by

2 Replies 24357 Views

2 Replies

24357 Views

Hi There, I am having hard time filling my tax returns for past couple of years. Don’t have any money. After rent and disability expenses, nothing left. Pls advise

by on Latest post on by

2 Replies 7628 Views

2 Replies

7628 Views

How to add Long-term Capital gains and Losses

by on Latest post on by

2 Replies 3583 Views

2 Replies

3583 Views

How do I claim a loss due to an investment's bankruptcy?

by on Latest post on by

1 Reply 6526 Views

1 Reply

6526 Views

Has anyone else had turbo tax not submit your rental rebate?

by on Latest post on by

1 Reply 10474 Views

1 Reply

10474 Views

Do I have to close on the exact date 2 years later to avoid Capital Gains tax

by on Latest post on by

11 Replies 12427 Views

11 Replies

12427 Views

I wrote a book this year and spent personal money to get published. can I write any of that off?

by on Latest post on by

8 Replies 6735 Views

8 Replies

6735 Views

TurboTax not including 'Unrecaptured Section 1250 Gain Worksheet' when disposing of rental

by on Latest post on by

3 Replies 22748 Views

3 Replies

22748 Views

I haven't sold stock, bonds, or mutual funds. I am being asked to upgrade to Turbo Tax Premium. How to handle this?

by on Latest post on by

3 Replies 14973 Views

3 Replies

14973 Views

How do I manually enter Loss from Form 8949 from previous tax year? Did not use TurboTax.

by on Latest post on by

4 Replies 35974 Views

4 Replies

35974 Views

It is forcing me to upgrade to premium, it thinks I have sold investment. I have NOT sold any investment. I just entered the small interest gain on my bank account?

by on Latest post on by

1 Reply 24037 Views

1 Reply

24037 Views

How do i claim rent for a mobile home i own-but pay lot fees of 700 per month?

by on Latest post on by

1 Reply 11721 Views

1 Reply

11721 Views

Do I need to use TurboTax Premium if I don't have any capital gains or losses but want to use my capital loss carryover from prior years to reduce my taxable income ?

by on Latest post on by

1 Reply 48339 Views

1 Reply

48339 Views

Tax and interest deduction worksheet. It results in more than 365 days...although it doesn't. How to delete my information and attempt to re-do.

by on Latest post on by

1 Reply 45843 Views

1 Reply

45843 Views

What shall I do since I missed the carryover loss for 2022 tax file? I dont have tax form for 2023 broker account since I did not trade anything. How to carry over loss?

by on Latest post on by

7 Replies 13571 Views

7 Replies

13571 Views

I cashed EE savings bonds and used some of the money to pay my student loan payments this year (graduated '13). Can I use Form 8815 to exclude savings bond interest?

by on Latest post on by

5 Replies 9023 Views

5 Replies

9023 Views

If I had a Ponzi scheme loss - will I not be able to use Turbo Tax? What are the steps then for reporting this?

by on Latest post on by

12 Replies 10587 Views

12 Replies

10587 Views

Can my granddaughter file her own taxes and receive refund although I claimed her on ky return?

by on Latest post on by

2 Replies 24029 Views

2 Replies

24029 Views

Turbotax added my dividends twice. how do I delete capital gains?

by on Latest post on by

1 Reply 4602 Views

1 Reply

4602 Views

Recharacterization explanation incorrect - do I need to amend?

by on Latest post on by

4 Replies 5217 Views

4 Replies

5217 Views

For property tax info worksheet line 5 it says total number of months rented can't be more than 12 when in fact I did rent for 12 months does anyone know how to fix this?

by on Latest post on by

1 Reply 2467 Views

1 Reply

2467 Views

Should stocks to sell to cover stock withholdings has to be reported to IRS?

by on Latest post on by

13 Replies 15875 Views

13 Replies

15875 Views

When I review my federal return, form 3468 Investment Credit comes up to review. I have no investment credit. How can I get rid of the form so I can file?

by on Latest post on by

10 Replies 3561 Views

10 Replies

3561 Views

Why can't I enter royalty income without upgrading? No sch D required

by on Latest post on by

1 Reply 5281 Views

1 Reply

5281 Views

My PA state tax return is saying that I entered rental return in my federal return. I have not done anything like that. How do I remove an entry under "Rents, Royalties"

by on Latest post on by

1 Reply 3581 Views

1 Reply

3581 Views

How do I remove rent recertification from my taxes. I rent a condo, I do not rent out/own the property.

by on Latest post on by

1 Reply 3726 Views

1 Reply

3726 Views

How do I remove rent recertification from my taxes. I rent a condo, I do not rent out/own the property.

by on Latest post on by

1 Reply 4115 Views

1 Reply

4115 Views

Turbo Tax is trying to upgrade me to Premium for farm rental income which i do not have...how do I delete the farm rental income form from return?

by on Latest post on by

1 Reply 6861 Views

1 Reply

6861 Views

My wife and I split up halfway through the year. She moved out and got an apartment in July. How does her rent payments, and then the mortgage I paid, impact taxes?

by on Latest post on by

1 Reply 6305 Views

1 Reply

6305 Views

How to split capital gains distribution between two state returns since we moved mid-year? My 1099-DIV doesn't give the date that the capital gains distribution was made.

Do you have a TurboTax Online account?

Topics with Label: TurboTax Deluxe Online