Investors & Landlords Tax Forum Q&A

Future 2025 Sale of 100% Rental Property

by on Latest post by

15 Replies 19902 Views

15 Replies

19902 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 2190 Views

7 Replies

2190 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 3786 Views

10 Replies

3786 Views

Where do I put the long term capital loss carryover

by on Latest post on by

2 Replies 2721 Views

2 Replies

2721 Views

do I have Arkansas short-term capital loss carryover 2024

by on

0 Replies 1310 Views

0 Replies

1310 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 18782 Views

2 Replies

18782 Views

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

by on Latest post on by

4 Replies 4532 Views

4 Replies

4532 Views

how do i enter airbnb rentals?

by on Latest post on by

1 Reply 3473 Views

1 Reply

3473 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 9968 Views

1 Reply

9968 Views

Does Turbotax Premier allow me to report rental property income?

by on Latest post on by

6 Replies 7336 Views

6 Replies

7336 Views

Entered the capital gains twice. How do I delete?

by Latest post on by

1 Reply 2518 Views

1 Reply

2518 Views

can i find the part to enter a saving bond?

by Latest post on by

2 Replies 1872 Views

2 Replies

1872 Views

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

by Latest post on by

3 Replies 605 Views

3 Replies

605 Views

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

by Latest post on by

1 Reply 733 Views

1 Reply

733 Views

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

by Latest post on by

1 Reply 277 Views

1 Reply

277 Views

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

by Latest post on by

1 Reply 839 Views

1 Reply

839 Views

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

by Latest post on by

1 Reply 1249 Views

1 Reply

1249 Views

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

by Latest post on by

1 Reply 392 Views

1 Reply

392 Views

Rental property/Primary residence

by on Latest post on by

1 Reply 1625 Views

1 Reply

1625 Views

Federal Carryover Worksheet 2024

by on Latest post on by

1 Reply 582 Views

1 Reply

582 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 Latest post on by

1 Reply 2967 Views

1 Reply

2967 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 Latest post on by

1 Reply 1357 Views

1 Reply

1357 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 Latest post on by

1 Reply 560 Views

1 Reply

560 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 Latest post on by

1 Reply 244 Views

1 Reply

244 Views

Are total ordinary dividends the same as investment expenses?

by Latest post on by

1 Reply 599 Views

1 Reply

599 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 Latest post on by

1 Reply 1918 Views

1 Reply

1918 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 466 Views

1 Reply

466 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 741 Views

1 Reply

741 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 912 Views

0 Replies

912 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 1344 Views

1 Reply

1344 Views

printing

by on Latest post on by

1 Reply 211 Views

1 Reply

211 Views

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

by on Latest post on by

8 Replies 3373 Views

8 Replies

3373 Views

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

by on Latest post on by

1 Reply 621 Views

1 Reply

621 Views

certificate of rent paid does not open

by on Latest post on by

1 Reply 468 Views

1 Reply

468 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 1661 Views

5 Replies

1661 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 659 Views

1 Reply

659 Views

Why is the capital loss carryover screen showing incorrect calculations?

by on Latest post on by

1 Reply 1932 Views

1 Reply

1932 Views

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

by on Latest post on by

5 Replies 2854 Views

5 Replies

2854 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 499 Views

1 Reply

499 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 694 Views

1 Reply

694 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 962 Views

1 Reply

962 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 840 Views

4 Replies

840 Views

Sale of Parents Home with name on deed

by on Latest post on by

7 Replies 6027 Views

7 Replies

6027 Views

How is Form 8960 line 9b calculated by TurboTax?

by on Latest post on by

25 Replies 17759 Views

25 Replies

17759 Views

How can i file my renter rebate on my taxes

by on Latest post on by

47 Replies 13406 Views

47 Replies

13406 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 1000 Views

1 Reply

1000 Views

how do I report interest from Series I Savings Bond?

by Latest post on by

5 Replies 4200 Views

5 Replies

4200 Views

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

by Latest post on by

1 Reply 357 Views

1 Reply

357 Views

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

by Latest post on by

1 Reply 270 Views

1 Reply

270 Views

how do I add carry over capital gain loss

by Latest post on by

1 Reply 751 Views

1 Reply

751 Views

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

by Latest post on by

1 Reply 291 Views

1 Reply

291 Views

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

by Latest post on by

1 Reply 283 Views

1 Reply

283 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 Latest post on by

1 Reply 369 Views

1 Reply

369 Views

i have billboard rental without a1099R? Two such forms.

by Latest post on by

1 Reply 276 Views

1 Reply

276 Views

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

by on Latest post on by

12 Replies 6403 Views

12 Replies

6403 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 Latest post on by

1 Reply 1242 Views

1 Reply

1242 Views

sales of raw land?

by Latest post on by

1 Reply 251 Views

1 Reply

251 Views

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

by Latest post on by

2 Replies 1471 Views

2 Replies

1471 Views

Sale of Rental Property - TurboTax asked me to remove

by on Latest post on by

1 Reply 2022 Views

1 Reply

2022 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 Latest post on by

1 Reply 1271 Views

1 Reply

1271 Views

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

by Latest post on by

1 Reply 317 Views

1 Reply

317 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 Latest post on by

1 Reply 624 Views

1 Reply

624 Views

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

by Latest post on by

1 Reply 1906 Views

1 Reply

1906 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 2598 Views

2 Replies

2598 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 7375 Views

2 Replies

7375 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 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 27542 Views

9 Replies

27542 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 Latest post on by

1 Reply 1190 Views

1 Reply

1190 Views

what is basis of Baily settlement?

0 Replies 600 Views

0 Replies

600 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 Latest post on by

1 Reply 2338 Views

1 Reply

2338 Views

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

by Latest post on by

1 Reply 307 Views

1 Reply

307 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 Latest post on by

1 Reply 2716 Views

1 Reply

2716 Views

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

by Latest post on by

1 Reply 825 Views

1 Reply

825 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 3295 Views

10 Replies

3295 Views

Where does the Rent certificate information get entered?

by Latest post on by

1 Reply 761 Views

1 Reply

761 Views

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

by Latest post on by

1 Reply 596 Views

1 Reply

596 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 Latest post on by

1 Reply 3189 Views

1 Reply

3189 Views

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

by Latest post on by

1 Reply 3406 Views

1 Reply

3406 Views

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

by Latest post on by

1 Reply 488 Views

1 Reply

488 Views

MIU (Management incentive unit) reporting

by on

0 Replies 2813 Views

0 Replies

2813 Views

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

by on Latest post on by

5 Replies 3199 Views

5 Replies

3199 Views

how do i report savings bond interest in turbo tax

by Latest post on by

1 Reply 1020 Views

1 Reply

1020 Views

can I claim the rent I paid for 2024

by Latest post on by

2 Replies 1776 Views

2 Replies

1776 Views

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

by Latest post on by

1 Reply 493 Views

1 Reply

493 Views

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

by on Latest post on by

6 Replies 27256 Views

6 Replies

27256 Views

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

by Latest post on by

2 Replies 1404 Views

2 Replies

1404 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 Latest post on by

2 Replies 1424 Views

2 Replies

1424 Views

How do I enter investment advisory/management expenses?

by Latest post on by

1 Reply 604 Views

1 Reply

604 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 1363 Views

3 Replies

1363 Views

How do I remove rental property?

by Latest post on by

1 Reply 515 Views

1 Reply

515 Views

how I can include rent

by Latest post on by

1 Reply 493 Views

1 Reply

493 Views

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

by Latest post on by

2 Replies 1308 Views

2 Replies

1308 Views

where can i add renters credit if i paid rent?

by Latest post on by

1 Reply 1102 Views

1 Reply

1102 Views

Gold ETF Transaction - Needs Review

by on Latest post on by

3 Replies 2072 Views

3 Replies

2072 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 Latest post on by

2 Replies 1287 Views

2 Replies

1287 Views

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

by Latest post on by

3 Replies 1412 Views

3 Replies

1412 Views

What is market price on grant date for ESPP stock sale

by on Latest post on by

1 Reply 2413 Views

1 Reply

2413 Views

Deducting expenses from destroyed property

by on Latest post on by

1 Reply 2168 Views

1 Reply

2168 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 3337 Views

3 Replies

3337 Views

Sale of Intangible Asset

by on Latest post on by

2 Replies 3653 Views

2 Replies

3653 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?

0 Replies 1654 Views

0 Replies

1654 Views

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

by on

0 Replies 2244 Views

0 Replies

2244 Views

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

by on Latest post on by

2 Replies 4044 Views

2 Replies

4044 Views

STASH

by on Latest post on by

1 Reply 1506 Views

1 Reply

1506 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 14706 Views

22 Replies

14706 Views

depreciation on rental property transferred to an LLC

by on Latest post on by

16 Replies 15483 Views

16 Replies

15483 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 1074 Views

4 Replies

1074 Views

Sold House which I rented part of? How to?

by on Latest post on by

1 Reply 5080 Views

1 Reply

5080 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 20268 Views

11 Replies

20268 Views

Rental Income Should Be Active

by on Latest post on by

4 Replies 21831 Views

4 Replies

21831 Views

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

by on Latest post on by

2 Replies 8038 Views

2 Replies

8038 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 1484 Views

5 Replies

1484 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 24362 Views

2 Replies

24362 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 7629 Views

2 Replies

7629 Views

How to add Long-term Capital gains and Losses

by on Latest post on by

2 Replies 3588 Views

2 Replies

3588 Views

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

by on Latest post on by

1 Reply 6527 Views

1 Reply

6527 Views

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

by on Latest post on by

1 Reply 10475 Views

1 Reply

10475 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 12433 Views

11 Replies

12433 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 6746 Views

8 Replies

6746 Views

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

by on Latest post on by

3 Replies 22755 Views

3 Replies

22755 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 14975 Views

3 Replies

14975 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 35983 Views

4 Replies

35983 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 24070 Views

1 Reply

24070 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 11722 Views

1 Reply

11722 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 48340 Views

1 Reply

48340 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 45847 Views

1 Reply

45847 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 13575 Views

7 Replies

13575 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 9037 Views

5 Replies

9037 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 10597 Views

12 Replies

10597 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 24031 Views

2 Replies

24031 Views

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

by on Latest post on by

1 Reply 4603 Views

1 Reply

4603 Views

Recharacterization explanation incorrect - do I need to amend?

by on Latest post on by

4 Replies 5223 Views

4 Replies

5223 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 2469 Views

1 Reply

2469 Views

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

by on Latest post on by

13 Replies 15892 Views

13 Replies

15892 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 3579 Views

10 Replies

3579 Views

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

by on Latest post on by

1 Reply 5284 Views

1 Reply

5284 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 3582 Views

1 Reply

3582 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 3727 Views

1 Reply

3727 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 4117 Views

1 Reply

4117 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 6862 Views

1 Reply

6862 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 6306 Views

1 Reply

6306 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