Investors & Landlords Tax Forum Q&A

If I gift $16k of stock this year to my daughter and she then sells the stock, what tax rate is used on the capital gain? Hers or mine? Thanks in advance!

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Form 4797: Did Improvements, sold rental property, What is the Gross Sales Price of Improvements?

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Do I owe taxes that accumulated in a mutual fund but does not pay income and not has not been sold?

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Why do I need to upgrade? I did not have capital gains or a losses schedule D

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Is paying my own rent the same as room and board?

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Do I have to claim unrealized gains? I have a brokerage account profit not realized, i did not take the cash out. do i claim that ?

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I do not pay rent or own a home but the state taxes are asking me about it and wanting me to enter landlord info. how can i get rid of that?

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Why does the Location of Rented Property page keep showing up on my Vermont Tax Return completion when I have already indicated that we do not rent we own our home?

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I received a Form3921 for some employee stock options that I sold. Where do I include this on my returns?

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Where do I add rental credit?

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I have a roommate that I split rent with. Is my monthly rent just the portion I pay?

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Home inspection, appraisals and other deductions part of purchasing rental property process

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Capital gains tax

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Can I claim hotels as rent? I stayed in hotels for a large portion of 2020 with no personal residence.

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Can I file a W-2 on TurboTax using just my employer ID number? I noticed it did not fill in all the other boxes are they necessary or will that get sorted out later.?

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Where do I claim rent I paid for 5 months

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I owned a home for all of 2020. I also had to move into an independent living facility and paid rent. Can I claim both?

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Hi I lost $2000 from the stock market, how can I get a tax reduction

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Why does Turbotax not ask me about recovery rebate? This has been noted on Reddit complaining as well.

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If I made less than $5 in interest from my savings account and from investments made through Robinhood and I did not get any 1099 forms, do I need to report it?

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I purchased stock through Robinhood to make money. I received a promotional stock, valued at $3.50. It was included on my 1099. Is this a Self-Employed business?

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How do I enter information regarding my home office deductions when I rent and do not have a mortgage?

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I have to rent a property in another city for my job. Am I able to deduct the rent and utilities because it's for my job?

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I am trying to fill out my "Federal Carryover Worksheet", what do i put in Line 24, 1st Column?

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For home expenses, the rent paid question, is that the monthly rent or for the total time I was working from home?

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My Dad had to move to a senior living facility. He paid both a mortgage all year and his monthly rent at the facility. Can he have both on his taxes?

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I owe around $1000. in Federal Taxes. I want to put some in an HSA or investment account to off set this amount. How do I know how much I should deposit?

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How long do I report cash out of loan that has since been refi'd?

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I am French, moved back to France in 2019. We own a house that is rented, with a mortgage. Our salaries are in France. Does this tax return look ok to you?

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California information worksheet - principal residence yes or no must be selected.

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How/when do I pay tax on rental income from a property we own free and clear in Kansas, If I work in Arizona?

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We received shares from my husbands company this year, but didn't receive a 1099-DIV. Is there a reason we wouldn't receive one?

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I have a temp job (9 months) in another state, and have rented an apartment to stay in during the week. Can I take the rent off fed taxes as an expense?

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How do I account for a CD being cashed out?

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Is my state refund that I received last year being counted as income this year?

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where to input info

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I got tax withheld in my investment account because of incorrect SSN. How can I file for a refund?

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Can i claim that i pay rent for a house my husband is buying but does not live in with me?

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I made small investments in the beginning of 2020 with a stock trading app. At one point did sell around 200.00 worth for a 50.00 increase, do I need to claim it?

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Can you explain this error "Check This Entry Schedule CA: SW Line J Write in text must be entered."

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Should I claim my rent if I'm not on the lease

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On Wages and Income is question from Fidelity Investments:What is Fidelity.com Username on form. I don't know answer.

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What does renters share total 2020 rent mean

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I reside in NJ and rent my home but have a second home in NY that has a mortgage Is the interest and tax on the 2nd home deductible?

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Can I file more than one year for renter rebates

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Where do I put my maintenance

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Should I mark yes for renter's credit if I paid rent here, even though I don't own this home?

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Do I need to report? I was gifted a stock (<$4 from Robinhood) when account opened 4/2020. On 12/31/20 it was valued at $33.91. No money received. Report?

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Hi, can I claim the amount my insurance company says that I paid to doctors even though I paid less then the explanation of benefits says?

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Where would I insert the cost of living aka rent

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When i am going to receive my rental refund

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Rental Property

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I lived in Vietnam for all of 2019, and earned all of my income there. Can I count my rent payments in Vietnam on my taxes?

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In 2019, I paid both rents and mortgage. But I don't see a place for rents tax breaks? How do I find that?

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I invested $24000.00 in a start up in 2007. In 2019 the company closed and went out of business. The investment was a total loss. How do I claim this?

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How do I deduct expenses for living in my RV for 3 months of 2019 in another state? How do I report gambling expenses?

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If I paid taxes on my RSU already, do I have to again?

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Can I hold off on depreciating rental property furniture?

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How fill your 1099 div on your kids

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Do we claim our disabled son's rent as rental income to us? It comes from his SSI check each month. Must we amend our 2018 & 2019 returns then ?

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I was fired due the COVID19 crisis, then I was rehired in a lower payroll position, I cant pay my rent and other things, Do I qualify for a 401K withdrawal?

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CCA claim on joint rental property not showing up correctly

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I bought an RV and sold it, but I don't know where is the section to declare it?..someone, Can help me with this question?

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Can I file my CRP now on turbotax?

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I messed up the rental part, I never paid rent or had a landlord.

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I would like to know what should I do to receive my stimulus check money from the federal to pay the rent and I have a child

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How much is needed to set aside for when we receive the stimulus check? I’m assuming we’ll have to write that on next years tax return

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DO I HAVE TO TAKE THE STANDARD DEDUCTION IF I HAVE HAD A RENTAL PROPERTY BEFORE I GOT MARRIED. I'VE HAD THE RENTAL PROPERTY SINCCE FEBURARY AND MARRIED IN AUGUST.

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How to my rent mortgage?

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Home equity loan

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TurboTax asking me for sale date of a stock I still own. How do I correct this

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I have investments/savings for my kids. Do I need to claim this on my taxes?

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Is a letter from the drs. Office and rental lease enough proof that dependents live with me

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I have a rental property (with mortgage) in another country. This year is my first year reporting tax in the US, should I report the property abroad as an asset?

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Hello -- If I paid for my son's rent and some of his living expenses during 2019, but he did not live with us, does he qualify as our dependent?

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I am buying my home rent to own. Do I qualify as the home owner.

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Where do I find the place to file my certificate of rent paid

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Should I have received some kind of tax form from my former employer when I sold shares from stock options as they are a French company?

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Can we write off both the rent n the closing fees ?

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My Mom died last year. Now we got rental properties in Germany. Do i have to upgrade to TurboTax Live premier or anything els because it is in Germany?

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Had a bathroom remodel, changed from tub to walk-in, can I claim

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Can I claim a loss of my fridge due to California power outage and surge?

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Do I have to file taxes on investments without realized gains

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How do i set up for message alerts?

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Where do I enter rent paid for year?

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Can I have someone else sign for my tax return? I'm just 2 months and 10 days away from turning 18

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Does paying over $40,000 in rent affect my return?

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Where is my refund was showing a message now it’s saying the information I enter to get to the status message is I’m entering wrong jnformation

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My 1099B reports an income of only $19.76. Do I have to report this on my tax return for 2019? This is from stocks

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I bought stock on cashapp and got a form from my 401k that's about taxes and one from Oregon state referring to last year's return. What do I do?

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I paid rent but not the utilities. How do I change my state because it will not let me move forward.

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I did not pay utilities but paid rent. How do I cancel the home heating credit?

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I am still waiting on one more 1099 sold stock last year

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How am I supposed to figure out what I spent for the Use Tax?

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What is capital loss carryover?

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I completely renovated my home major improvements in every room. I paid for it cash out of pocket. Can I deduct any of the expenses?

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After purchasing my house, there has been some expenses to repair/fix the house and fencing. Am I able to deduct those expenses?

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You asked I rent out my basement of the condo I own & live in. Does that mean I "own" rental property?

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I purchased an apartment Dec. 20th, 2019 (started paying property fee) but did not rent it out until Jan. 2020, do I need to report in my 2019 tax return?

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What is the amount on Schedule 2, Line 8 (taxes from Form 8959 or Form 8960)?

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I need confirmation if I should file my rental property in '19. The lease started in Nov., but I didn't receive any income until 2020 (first rent went to realtor)

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Who is the rented landlord or the person who rent

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How do i add rental on my taxes

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Where on the app can I insert my CRP?

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How do I put in my stocks info?

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I have a rental property as of December 2019. But did not receive my first check from the rental company until January. Should this be counted as 2019 or 2020 taxes?

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If we live in onpost military housing and do not pay rent or receive BAH, is this an employer-provided good?

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Do I even need to mention the sale of a primary home if I lived there over four years as the primary residence, never rented it out, and netted around 20k off the sale?

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I received a 1099 c for a flex vacation resort that I previously had ownership in. Is this considered a rental property?

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I need to make my account info for rent before I move on. How?

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Do I consider money earned from Airbnb as rental property earnings?

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I just want to know where I put the amount of my on my income tax form where I paid rent for the year

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You have a permanent state you reside majority of the time and another state you commute to and have an apartment you pay rent at

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When it says total rent paid is that for physical year or monthly

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So I have a pretty basic tax return, but I own a property in Iowa that I own outright and do not rent out or use as a business but ( I live in Ne) can I use that tax?

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On a 1099-misc for a settlement in a lawsuit for loss of wages. at 'source of 1099-misc income' its calling it"rental income" this isnt a rental income is it ?

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Capital loss from a invesmtent in a associates business

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If I don't have my CRP yet, can I skip that section and still file?

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How much stock do I need to buy or sell to claim on taxes

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Do I report ordinary dividends and ST capital gains in my mutual fund if I didn't receive a form 1099?

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Should I fille the Rentals, Royalties section if I am currently living in an apartment, paying monthly rent?

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Can you claim your rent expenses to help get money back

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How do I file estimated taxes for oil royalty received in 2019

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Can i add my rent i pay each month?

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How Can I file small bussiness taxes with turbo tax?

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How do I determine capital gains tax due on stock sold - long and short term? How do I make a quarterly payment? Can I do this electronically?

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Can my boyfriend claim my kids ?( Not married ) 1child is his 2 are not He pays bills and rent but lease is in my name not his I've made under 1500 this year

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One of my mutual funds liquidated and I got a surprise check in the mail yesterday. Can I reinvest to shelter from capital gains?

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I am a non resident alien owner of a house for rent. How do I fill the w8ben form required by the managing company in order to avoid withold?

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How do you file your taxes with forex trading?

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Decimals are missing in tax filing statement

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There is a capital loss carryover amount on the tax return that you did and I want to know how you arrived at it if I did not due my taxed through Turbo Tax for 2017.

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Can I get a help with a letter from IRS, correcting incomes from securities for RSU sell-to-cover sales? I did not sell any vested shares.

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Can an individual use tax loss carry back to offset capital gains in the previous year?

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Where to put the home rent that I paid ?

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What number do I enter on the rental for state? The federal is a negative number so do I enter it?

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My boyfriend and i rent a home and we both pay rent and take care of our son. can my boyfriend claim our son as a dependent too?

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How to report land sold and listing my 1099S

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How do I download multiple 1099 DIV from investment account without having to enter each individually?

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How do I declare the dividends from my overseas shares?

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Vacation rental expenses I know TT will prorate the expense based on personal days used. WHERE DO I PUT THAT INFORMATION IN?

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I have a house that is going into foreclosure. Was rented but tenants has not paid rent for over 12 months. How is this entered on tax forms

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I have a new W9 form since I will be renting my house. My wife and I file jointly. How do I fill out the form?

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I rent a deeded spot belonging to my condo unit out, and receive income. I did not get a form 1099 from SpotHero, the site I use to find renters. How do I report?

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Can I deduct charges for an attempted real estate purchase that didn't go through? I attempted to purchase a rental house. What form should these charges be shown?

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