Investors & Landlords Tax Forum Q&A

If I purchased gpus for crypto mining and I wanted to sell them at a loss. Is there a way I can write off the loss?

by on Latest post by

6 Replies 377 Views

6 Replies

377 Views

Is there a way to use turbotax to estimate 2022 taxes? I have a capital gains issue i want to explore

by on Latest post on by

2 Replies 183 Views

2 Replies

183 Views

Wash sale rule

by on Latest post on by

23 Replies 889 Views

23 Replies

889 Views

I have expenses for preparing a rental home, how do I claim them?

by on Latest post on by

9 Replies 11270 Views

9 Replies

11270 Views

How can i file my renter rebate on my taxes

by on Latest post on by

31 Replies 5246 Views

31 Replies

5246 Views

I did not realize I was required to file a Schedule E form for year 2016 since the rental house was starting to go to foreclosure. Can I amend my 2016 return and add it?

by on Latest post on by

5 Replies 164 Views

5 Replies

164 Views

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

by on Latest post on by

8 Replies 1871 Views

8 Replies

1871 Views

I have reciepts from this year that I paid on rent can I use these for tax breaks

by on Latest post on by

3 Replies 250 Views

3 Replies

250 Views

I have sold some land that was gifted to me by a family member. I am currently unemployed and want to determine how much I will need to pay in capital gains tax

by on Latest post on by

5 Replies 257 Views

5 Replies

257 Views

Can someone explain the ins and outs of capital gains tax. Complete newbie here.

by on Latest post on by

2 Replies 174 Views

2 Replies

174 Views

Is a rent certificate provied when doing a return with turbotax ?

by on Latest post on by

1 Reply 78 Views

1 Reply

78 Views

If I have been contributing to mutual fund for 6 years and decide to sell all, how do I separate long-term capital gains from short term capital gains from the last year?

by on Latest post on by

4 Replies 150 Views

4 Replies

150 Views

If my certificate of rent paid is accurate, why isnt it letting me file it?

by on Latest post on by

1 Reply 97 Views

1 Reply

97 Views

Can I enter stock sales without upgrading?

by on Latest post on by

2 Replies 141 Views

2 Replies

141 Views

I sold my personal residence in 2020 and moved into my rental unit. I have no rental income in 2021. What do I do for schedule E?

by on Latest post on by

3 Replies 120 Views

3 Replies

120 Views

What documents will I need to prove that I moved over 50 miles for employment to avoid capital gains tax?

by on Latest post on by

8 Replies 730 Views

8 Replies

730 Views

How do I fill out the federal Carryover Worksheet? How accurate does it have to be

by on Latest post on by

1 Reply 45 Views

1 Reply

45 Views

PRIMARY RESIDENCE IN MOBLE HOME PARK LOT RENT IN MICHIGAN

by on Latest post on by

1 Reply 59 Views

1 Reply

59 Views

Should I be paying taxes on "unrealized" capital gains (stocks and mutual funds that I have not yet sold)? it appears that I am. thanks - Chris

by on Latest post on by

3 Replies 100 Views

3 Replies

100 Views

Can I As a flight attendant traveling from home to and from the airport to start and end my flights, can I include train and taxi expenses.

by on Latest post on by

2 Replies 56 Views

2 Replies

56 Views

My DC rent credit does not appear on my tax return. Can anyone help please?

by on Latest post on by

1 Reply 34 Views

1 Reply

34 Views

Do I owe income tax in Kansas for royalties from oil and gas wells owned in Kansas?

by on Latest post on by

1 Reply 33 Views

1 Reply

33 Views

Why am I being taxed on Unrealized Capital Gains for stocks I have not yet sold?

by on Latest post on by

1 Reply 50 Views

1 Reply

50 Views

My daughter is a travel nurse and rented a room from me for 6 months of the year. How do I report that income?

by on Latest post on by

4 Replies 110 Views

4 Replies

110 Views

Why did my tax liability increase when entering 1099-DIV info? Never received any money back from this investment. Gains are always re-invested.

by on Latest post on by

1 Reply 41 Views

1 Reply

41 Views

Does adding a completely new central air conditioning unit count under home remodeling?

by on Latest post on by

3 Replies 64 Views

3 Replies

64 Views

Will the capital gains loss in 2020 automatically roll into 2021 so I can claim another $3000 credit or do I need to enter it manually? Used turbotax both years.

by on Latest post on by

2 Replies 60 Views

2 Replies

60 Views

If the system is giving a "Check This Entry" for Schedule E questions but I don't have and am not claiming Rental Income, what should I do?

by on Latest post on by

4 Replies 219 Views

4 Replies

219 Views

My home has a duplex on the parcel. where do I account for rent and expenses? not a separate rental property, but my home property.

by on Latest post on by

1 Reply 33 Views

1 Reply

33 Views

I bought crypto (Dodge) last year on Robinhood, and I lost money after it crashed. Do I need to submit my 1099?

by on Latest post on by

1 Reply 34 Views

1 Reply

34 Views

Do I have to claim income I received watching my grandchildren in their home and not mine? And if so, how is it reported?

by on Latest post on by

46 Replies 25512 Views

46 Replies

25512 Views

I renovated a guest house that is part of my residence in order to rent it out. Can the cost of the renovations be considered a business expense or some other deduction?

by on Latest post on by

3 Replies 150 Views

3 Replies

150 Views

How do I edit the amount of rent I paid and my landlords name? I can't get back to it

by on Latest post on by

1 Reply 34 Views

1 Reply

34 Views

Stock trading do we need to pay taxes on that

by on Latest post on by

1 Reply 39 Views

1 Reply

39 Views

Can we deduct the apartment rent and utility cost for my son who is attending a college?

by on Latest post on by

1 Reply 42 Views

1 Reply

42 Views

I only sold $45 worth of stocks/bonds/mutual funds. (I'm not even sure which

by on Latest post on by

3 Replies 89 Views

3 Replies

89 Views

GE did a reverse stock split where they converted 8 stocks into 1... I had 30 shares so they changed it to 3 shares and sent me a check for $91.38 How to report turbo tax

by on Latest post on by

3 Replies 100 Views

3 Replies

100 Views

Where is the page that addresses capital gains?

by on Latest post on by

1 Reply 36 Views

1 Reply

36 Views

Unvested RSU reported on W-2

by on

0 Replies 30 Views

0 Replies

30 Views

I purchased my primary residence this year and it is a multi family

by on Latest post on by

1 Reply 29 Views

1 Reply

29 Views

What is the difference between a new roof and new shingles?

by on Latest post on by

1 Reply 42 Views

1 Reply

42 Views

How do I find the Hawaii Tax ID number for owner/agent of the property I rented, for the tax credit?

by on Latest post on by

1 Reply 55 Views

1 Reply

55 Views

1099B holding period is incorrect- short term gain is being reported

by on

0 Replies 30 Views

0 Replies

30 Views

I no longer own rental property but cant remove schedule E?

by on Latest post on by

1 Reply 44 Views

1 Reply

44 Views

Why is turbo tax saying i need to complete schedule D when I don't have any capital gains or losses?

by on Latest post on by

1 Reply 48 Views

1 Reply

48 Views

Turbotax is telling me I have to file a Schedule D. I have no capital gains this year. The standard deduction reduces my taxable income to zero. Looks like a software bug

by on Latest post on by

4 Replies 618 Views

4 Replies

618 Views

If the roof was replaced but how do we know if it is energy efficient?

by on Latest post on by

1 Reply 40 Views

1 Reply

40 Views

How/where do I input incentive stock options in turbo tax?

by on Latest post on by

5 Replies 4287 Views

5 Replies

4287 Views

Can i claim ny real property tax credit if i dont have rental income. ?

by on Latest post on by

1 Reply 29 Views

1 Reply

29 Views

Hello, I got CP11 form and as it mentioned on the form, I needed to pay 600$, I paid it online. My question is, will I get my tax return? what is the next step?

by on Latest post on by

1 Reply 24 Views

1 Reply

24 Views

CAN I DEDUCT THE COST OF INSTALLATION OF IMPACT WINDOWS FROM THE CAPITAL GAINS IF THEY WERE DONE PRIOR TO SELLING MY CONDO. OR IS IT ALL CONSIDERED CAPITAL GAINS

by on Latest post on by

1 Reply 32 Views

1 Reply

32 Views

Can I claim Schedule H renter tax credit for District of Columbia if I rented/lived in DC all year, but closed on a home on Dec. 30? Does that 1 day make me ineligible?

by on Latest post on by

1 Reply 32 Views

1 Reply

32 Views

Ok how do I fix my property tax form it telling me line 6 should be blank n then when I clear it out it's telling me to but the total of rent I pay n the last 12 months

by on Latest post on by

1 Reply 26 Views

1 Reply

26 Views

Hello, so I own a house in one state where my parents reside at and then in August I moved to another state which I rent an apartment at, how would I file?

by on Latest post on by

1 Reply 21 Views

1 Reply

21 Views

I keep getting asked about form 6252, a rental property that I have long since sold. I cant get past this to file

by on Latest post on by

1 Reply 32 Views

1 Reply

32 Views

Do I have to report a "long term loss" if I received a 1099-B but didn't sell any stock? This was an old worthless stock

by on Latest post on by

1 Reply 57 Views

1 Reply

57 Views

Primary residence converted to rental property and then sold. Do I still qualify for the 250k/500k tax exemption?

by on Latest post on by

15 Replies 5396 Views

15 Replies

5396 Views

Short term capital loss and long term capital gain

by on Latest post on by

4 Replies 437 Views

4 Replies

437 Views

How can I get to the Schedule D (Form 1040), Capital Gains and Losses & Form 8949, Sales and Other Dispositions of Capital Assets? There is no "Jump to" link.

by on Latest post on by

5 Replies 1824 Views

5 Replies

1824 Views

Can you claim home ownership of a mobile home in a park while paying rent for the pad or are we just considered renters?

by on Latest post on by

2 Replies 70 Views

2 Replies

70 Views

Depreciation Calcs - Where to record improvements for new ADU construction

by on Latest post on by

8 Replies 670 Views

8 Replies

670 Views

When I was working on my SC return the other day there was a place for Car maitinence expenses. ( Gas gallons, oil change). I now that I am on there today i dont see it

by on Latest post on by

1 Reply 37 Views

1 Reply

37 Views

I am on the "review stock sales page" How do I tell it I did not sell any stock?

by on Latest post on by

1 Reply 44 Views

1 Reply

44 Views

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

by on Latest post on by

3 Replies 99 Views

3 Replies

99 Views

How to report RSU that were sold to cover taxes? I have done extensive research and I see multiple options on turbotax to do this each leading to different tax due amount

by on Latest post on by

44 Replies 46101 Views

44 Replies

46101 Views

Why do I have to pay taxes on money made on stocks when I did not cash that money but reinvested it?

by on Latest post on by

2 Replies 87 Views

2 Replies

87 Views

How doi enter inherited capital gains

by on Latest post on by

1 Reply 35 Views

1 Reply

35 Views

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

by on Latest post on by

18 Replies 8131 Views

18 Replies

8131 Views

1099INT for US Savings bond interest on estate. I got a 1099INT for the full amount, for all 4 shares.

by on Latest post on by

1 Reply 47 Views

1 Reply

47 Views

Do I need the Turbotax Premier version to claim stock option losses?

by on Latest post on by

1 Reply 37 Views

1 Reply

37 Views

Can I include an equity loan as part of the cost basis for capital gains? Purchased in 2004, converted to rental in 2008, sold in 2017. Equity loan in 2006.

by on Latest post on by

7 Replies 2898 Views

7 Replies

2898 Views

Do robo advisor investment accounts (such as Wealthfront) count as selling investment or stock for tax filing purposes?

by on Latest post on by

1 Reply 40 Views

1 Reply

40 Views

How is Form 8960 line 9b calculated by TurboTax?

by on Latest post on by

20 Replies 7432 Views

20 Replies

7432 Views

My mom has $224 in oil and gas royalties on a 1099 MISC. How can I calculate depletion on Turbo Deluxe. I've never needed premier in past.

by on Latest post on by

1 Reply 49 Views

1 Reply

49 Views

When asked about house rental, does it have to be a house or can it be a apartment complex

by on Latest post on by

1 Reply 57 Views

1 Reply

57 Views

Is there a deduction for money lost through a scam investment

by on Latest post on by

1 Reply 41 Views

1 Reply

41 Views

I stayed at an AirBnB for 30 days after moving to New York in 2021. Can that AirBnB cost be included in the Travel and Lodging deduction?

by on Latest post on by

1 Reply 22 Views

1 Reply

22 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

6 Replies 419 Views

6 Replies

419 Views

Did I support myself if I lived with my parents and did not pay rent but still worked full-time in 2021?

by on Latest post on by

1 Reply 30 Views

1 Reply

30 Views

Vanguard broker acct where to find id numbers

by on Latest post on by

1 Reply 60 Views

1 Reply

60 Views

How do I claim a stock loss?

by on Latest post on by

1 Reply 41 Views

1 Reply

41 Views

Should I report my income from a RV rental? I don't have a 1099 Nec

by on Latest post on by

1 Reply 50 Views

1 Reply

50 Views

A k-1 company (Calumet) keeps showing up on Turbo Tax and I sold it in 2014. How do I remove it?

by on Latest post on by

1 Reply 34 Views

1 Reply

34 Views

Do I pay taxes on unrealized capital gains?

by on Latest post on by

12 Replies 750 Views

12 Replies

750 Views

The rent certificate form wont let me enter my information.

by on Latest post on by

1 Reply 50 Views

1 Reply

50 Views

We received money for the sale of my husband’s parents rental property. How do we file it on our taxes?

by on Latest post on by

3 Replies 84 Views

3 Replies

84 Views

Where do I enter Rental information in TurboTax? I am unable to even find the Schedule E form to fill it out? TurboTax used to be straightforward. It is no more.

by on Latest post on by

8 Replies 624 Views

8 Replies

624 Views

I did not sell any stocks on Robinhood. I actually lost money. But the 1099-Div shows i made money. And Turbotax system keeps saying i sold stocks which i didnt

by on Latest post on by

1 Reply 39 Views

1 Reply

39 Views

Depreciation rental property

by on Latest post on by

6 Replies 787 Views

6 Replies

787 Views

I own a mobile home in WI and pay lot rent, how do I enter this information in?

by on Latest post on by

6 Replies 812 Views

6 Replies

812 Views

Can I deduct expenses if I am an AirBnb host? I had an income from it, but also had expenses for it.

by on Latest post on by

2 Replies 71 Views

2 Replies

71 Views

Report Stock Gift in Turbo Tax

by on Latest post on by

3 Replies 1513 Views

3 Replies

1513 Views

My TurboTax report won’t let me add a Certificate of Rent Paid for 2021. Any suggestions?

by on Latest post on by

1 Reply 48 Views

1 Reply

48 Views

RSU Grant and double taxation?

by on Latest post on by

35 Replies 20879 Views

35 Replies

20879 Views

Personal Car for landlord and business

by on Latest post on by

2 Replies 144 Views

2 Replies

144 Views

How do I add recovery rebates worksheet?

by on Latest post on by

1 Reply 51 Views

1 Reply

51 Views

If acquired by spouse's death, what is date acquired

by on Latest post on by

1 Reply 47 Views

1 Reply

47 Views

Turbo tax imported a 1099-b from robinhood, but robinhood says I don't have one How to I get this removed from here. I did not sell any crypto/stocks, etc

by on Latest post on by

2 Replies 152 Views

2 Replies

152 Views

I paid a $4,000.00 deposit on a house that I was going to purchase and rent for a few years. The deal fell apart and the builder refused to return my deposit. Is it possiable to deduct this?

by on Latest post on by

4 Replies 656 Views

4 Replies

656 Views

I received $39.51 as royalties for my book. They withheld $11.07 fed. tax. Do I report this as income?

by on Latest post on by

1 Reply 33 Views

1 Reply

33 Views

Can I deduct the expense of remodeling a kitchen in my residence?

by on Latest post on by

1 Reply 52 Views

1 Reply

52 Views

I rent a craft booth and sell crafts as a hobby. I pay rent and 5% of my sales to the owner. Making less than $100 after 5% rent, how do I file this on my taxes?

by on Latest post on by

1 Reply 38 Views

1 Reply

38 Views

Hi I bought and sold 2 stocks that netted me $47 in Short Term Capital gains. Turbotax wants me to upgrade to Premier because of this income. the cost is triple my earned

by on Latest post on by

5 Replies 209 Views

5 Replies

209 Views

I have a cash liquidation distribution. Nobody knows my cost basis except me. Do I put a lump sum gain on the capital gains sheet or fill out form 8949 and schedule D?

by on Latest post on by

3 Replies 754 Views

3 Replies

754 Views

Can I enter zero Investment Interest Expenses?

by on Latest post on by

1 Reply 60 Views

1 Reply

60 Views

Claim of right over $3,000 Where do I enter in Turbo Deluxe?

by on Latest post on by

16 Replies 7359 Views

16 Replies

7359 Views

Changing rental property into primary residence

by on Latest post on by

1 Reply 74 Views

1 Reply

74 Views

How do i report income from an inheritence that i was told I need to claim as capitol gains?

by on Latest post on by

1 Reply 61 Views

1 Reply

61 Views

Why must I wait for Form 8815 to file taxes since I cashed EE savings bond bought after 1989?

by on Latest post on by

1 Reply 78 Views

1 Reply

78 Views

I purchased a mobile home with my husband in Florida with cash. We pay a monthly lot rental. How should I handle this with the IRS?

by on Latest post on by

1 Reply 55 Views

1 Reply

55 Views

Is my son a dependent? He's 23, a full time law student lived at home until August. We are cosigners on his rent he pays all of. Does his rent count if we are cosigners?

by on Latest post on by

3 Replies 222 Views

3 Replies

222 Views

I clicked on stocks income by mistake how do fix that when i never sold stocks

by on Latest post on by

1 Reply 46 Views

1 Reply

46 Views

Can someone tell me if I do not won a home and only pay rent, but I own an RV, can I take that off in turbo tax ? If so under mortgage interests ?

by on Latest post on by

1 Reply 66 Views

1 Reply

66 Views

Can I deduct mortgage payments for a home lived in by a relative who pays no rent?

by on Latest post on by

2 Replies 106 Views

2 Replies

106 Views

How do I enter a 1099-MISC for royalties not from rental property or self-employment? (one-time book published on the side 10+ yr ago)

by on Latest post on by

8 Replies 1625 Views

8 Replies

1625 Views

Joint Investment Account - Who pays taxes?

by on Latest post on by

7 Replies 752 Views

7 Replies

752 Views

I need to change the name of a mutual fund and the amount of dividends. How do I do this?

by on Latest post on by

1 Reply 44 Views

1 Reply

44 Views

What is: Noncash Contributions worksheet - Cost/ Adjusted basis?

by on Latest post on by

1 Reply 50 Views

1 Reply

50 Views

I usually rent my home out this year I moved into my home.I did not get any rent.

by on Latest post on by

7 Replies 317 Views

7 Replies

317 Views

How do I enter what I paid all year on rent ? Which category does that fall into place?

by on Latest post on by

2 Replies 116 Views

2 Replies

116 Views

Don't I need to mail my rent information to get that money? I can't find where to download those. Is there a place I can find rent related documents?

by on Latest post on by

1 Reply 34 Views

1 Reply

34 Views

Where do I enter my certificate of rent paid info?

by on Latest post on by

1 Reply 53 Views

1 Reply

53 Views

I exercised stock options from my company in 2021 but I have not sold them. How do I report on this for the 2021 tax year (filing in 2022)?

by on Latest post on by

1 Reply 39 Views

1 Reply

39 Views

I received a 1099-NEC from a client for graphic design and photography work. My income was listed as rental income, but I did not rent anything. Can someone explain?

by on Latest post on by

2 Replies 116 Views

2 Replies

116 Views

I use to get the option to claim my rent, thats not populating... why not?

by on Latest post on by

4 Replies 163 Views

4 Replies

163 Views

Where do I report amortized bond premium on tax exempt bonds from1099 box 13 ?

by on Latest post on by

14 Replies 5766 Views

14 Replies

5766 Views

Form 8960 line 9b is calcing state income tax paid as % income from investments * state tax withheld. Not state tax due. This is wrong if too much/little was withheld.

by on Latest post on by

3 Replies 273 Views

3 Replies

273 Views

Can I skip IOS when I didn't buy any stocks or bonds?

by on Latest post on by

1 Reply 45 Views

1 Reply

45 Views

Can someone help explain this question: was any rent you received for nonresidential use of your property 20% or less of your rental income during 2021?

by on Latest post on by

1 Reply 48 Views

1 Reply

48 Views

RSU Sell To Cover for 2019

by on Latest post on by

8 Replies 9971 Views

8 Replies

9971 Views

Airbnb income and deductions

by on Latest post on by

1 Reply 58 Views

1 Reply

58 Views

Where do I put income from an investment ?

by on Latest post on by

1 Reply 58 Views

1 Reply

58 Views

Where do I find Virginia long term capital gains to subtract?

by on Latest post on by

5 Replies 918 Views

5 Replies

918 Views

Is it possible to have a tax expert find my capital losses on my RobinHood Stock account and apply them to my tax return through turbo tax?

by on Latest post on by

1 Reply 35 Views

1 Reply

35 Views

IRS Penalty - Owe over $1K

by on Latest post on by

3 Replies 285 Views

3 Replies

285 Views

How is existing depreciation (related to purchased improvements) treated during renovation for a rental property that was first rented, then renovated, then rented again?

by on Latest post on by

26 Replies 4837 Views

26 Replies

4837 Views

Do I get taxed capital gains short term for options trading even if money is reinvested in another options or shares and is not withdrawn or pulled out from brokerage?

by on Latest post on by

3 Replies 140 Views

3 Replies

140 Views

My disabled daughter paid us $2700. in rent. do I have to report it?

by on Latest post on by

1 Reply 54 Views

1 Reply

54 Views

I have a capital loss carryover that turbotax automatically applied (but not the full $3,000 max amount but it did not seem to increase my refund.

by on Latest post on by

1 Reply 43 Views

1 Reply

43 Views

Where and how do i enter gains and losses on CD's? The cost basis is ~$500 over the proceeds on maturity.

by on Latest post on by

4 Replies 353 Views

4 Replies

353 Views

I need to change homeownership to RENT. How do I do that?

by on Latest post on by

1 Reply 61 Views

1 Reply

61 Views

I believe I accidentally entered that I own my home. I actually rent. How do I change that?

by on Latest post on by

1 Reply 49 Views

1 Reply

49 Views

Got a late 1099-B showing loss of $841 on stock sale. Will this amount affect my state and federal return?

by on Latest post on by

1 Reply 60 Views

1 Reply

60 Views

The state of California taxes the earnings from my Canadian RRSP account, so I have to declare the capital gains from it. Can I declare a capital loss if I have one?

by on Latest post on by

1 Reply 76 Views

1 Reply

76 Views

The page asks for "one investment type with accounts that I do not have

by on Latest post on by

1 Reply 42 Views

1 Reply

42 Views

Got a condo w/ fiancé

by on Latest post on by

1 Reply 48 Views

1 Reply

48 Views

How can I delete Farm rental income

by on Latest post on by

1 Reply 88 Views

1 Reply

88 Views

I overlooked a 1099 from robinhood. A stock I had was sold through merger, so I had a $3.60 capital gain. Do I need to file an amendment for that small of an amount?

by on Latest post on by

2 Replies 136 Views

2 Replies

136 Views

How to enter taxes paid related to oil lease royalties

by on Latest post on by

1 Reply 313 Views

1 Reply

313 Views

When I view my forms, all the "9s" have been replaced with dashes. Is this an error?

by on Latest post on by

1 Reply 93 Views

1 Reply

93 Views

Why sign in to the Community?

Topics with Label: TurboTax Deluxe Online