Investors & Landlords Tax Forum Q&A

Is allocation of Sale of Business Property among land, building and improvements necessary?

by Latest post by

13 Replies 3354 Views

13 Replies

3354 Views

The address for the bank I use that pays me interest and sends a 1099 is wrong in Turbotax.

by on Latest post on by

1 Reply 3500 Views

1 Reply

3500 Views

Gifted Physical Gold and Tax Implications: Are there any?

by on Latest post on by

25 Replies 34665 Views

25 Replies

34665 Views

I am being asked to fix an entry in my schedule E form, line 4, for Royalty Income. But I don't have any. Turbo Tax won't accept that it is 0 and keeps asking to fix.

by on Latest post on by

22 Replies 11231 Views

22 Replies

11231 Views

second home for non-profit

by on Latest post on by

1 Reply 2584 Views

1 Reply

2584 Views

Primary home converted to rental being treated as active income

by on Latest post on by

2 Replies 2768 Views

2 Replies

2768 Views

allocation percentages of expenses for STR within my residence

by on Latest post on by

1 Reply 3545 Views

1 Reply

3545 Views

Rental Property Expenses Software Issue

by on Latest post on by

1 Reply 3274 Views

1 Reply

3274 Views

Rental Expenses will not save

by on Latest post on by

1 Reply 3262 Views

1 Reply

3262 Views

Reporting the Sale of a Second Home that Used to be a Rental Property

by Latest post on by

6 Replies 65888 Views

6 Replies

65888 Views

Rental income from a LLC and Cash distribution from the LLC. Do I need to file New Hampshire state tax?

by Latest post on by

5 Replies 7889 Views

5 Replies

7889 Views

Non Resident of NH - Sold NH Rental property

by Latest post on by

1 Reply 2332 Views

1 Reply

2332 Views

Bug on the Adjusted Cost Basis EasyGuide for selling a primary home that had been a rental.

by Latest post on by

5 Replies 3762 Views

5 Replies

3762 Views

Where do I enter last year's QBI loss carryover (Line 3, Form 8995) into 2019 turbo tax? I have called turbotax 9x and everyone seems confused on QBI Carryover.

by on Latest post on by

10 Replies 16994 Views

10 Replies

16994 Views

Should I deduct or capitalize/depreciate travel expenses (flight & rental car) incurred to travel to a rental property to renovate a rental property kitchen?

by Latest post on by

3 Replies 1947 Views

3 Replies

1947 Views

Is home inspection done by owner while preparing to sell a deductible expense?

by Latest post on by

2 Replies 1398 Views

2 Replies

1398 Views

Turbo Tax not capable of handling sale of rental property for a primary home converted to a rental?

by Latest post on by

4 Replies 1769 Views

4 Replies

1769 Views

I refinanced my primary residence and used the funds to help purchase a rental property. Can I deduct the interest on this loan from the rental income?

by on Latest post on by

7 Replies 2859 Views

7 Replies

2859 Views

Considering selling investment condo in 2023. Long term capital gains. Owned since 2008. Rented out since 2016. I am low income:Social Security. What IRS tax due or base?

by Latest post on by

6 Replies 1693 Views

6 Replies

1693 Views

If I sell a rental property this year (in 2023), does anyone know if Pennsylvania tax will be owed and if TurboTax can help me pay estimated tax?

by Latest post on by

1 Reply 1010 Views

1 Reply

1010 Views

How do I address Cap Gains generated for a redistribution of assets for a divorce settlement?

by Latest post on by

2 Replies 1195 Views

2 Replies

1195 Views

Rental Property - 3 owners

by Latest post on by

3 Replies 1829 Views

3 Replies

1829 Views

I have rental properties between me and my daughter. My daughter filles taxes with the properties. Do i have to show those on my tax returns?

by Latest post on by

1 Reply 613 Views

1 Reply

613 Views

What date should be on the review information screen for rental income ?

0 Replies 371 Views

0 Replies

371 Views

I have a federal capital loss carryover and am filing in California. What do I put in California capital loss carryover (AMT vs not)?

by on Latest post on by

6 Replies 17872 Views

6 Replies

17872 Views

I lost nearly 100K in a crypto trading scam. Can I report that as crypto losses?

by Latest post on by

1 Reply 424 Views

1 Reply

424 Views

Are there different ways to calculate the cost basis for a rental property in Los Angeles, CA? (The only way suggested here is to use values on property tax bill)

by Latest post on by

1 Reply 503 Views

1 Reply

503 Views

Withdrawals from crypto account are shown as capital loss but I just transferred the assets to hot or cold wallets, I have not sold them yet

by Latest post on by

1 Reply 592 Views

1 Reply

592 Views

Do I report rental income if I live in my primary residence for more than 3 months out of the year with with my daughter and her boyfriend who pay rent full time?

by Latest post on by

2 Replies 1531 Views

2 Replies

1531 Views

How to claim a deduction for the loss from a fraudulent investment scheme?

by Latest post on by

5 Replies 2355 Views

5 Replies

2355 Views

My company automatically sold some of my RSUs to cover taxes. TurboTax is asking "What type of investment did you sell?" Is "Stock (non-employee)" the correct option?

by Latest post on by

1 Reply 441 Views

1 Reply

441 Views

I have been waiting to e-file due to an issue with form 8960 and I have no rental income. IRS still has no update about this known issue. Does anyone have any info?

by Latest post on by

1 Reply 466 Views

1 Reply

466 Views

Lack of 1099-B from a startup that shutdown. Declaring loss on return

by Latest post on by

1 Reply 900 Views

1 Reply

900 Views

Hello, I rent out my primary home as I live overseas on military tour. The disclaimer says "Don't include 1098s for rental or business properties here". What do I do?

by Latest post on by

1 Reply 704 Views

1 Reply

704 Views

If i moved to a rented house after living 2.5 years in purchase primary property and give it on Rent. Can i continue claim mortgage interest as tax benefit for it?

by Latest post on by

5 Replies 1980 Views

5 Replies

1980 Views

How to claim loss due to investment fraud?

by Latest post on by

2 Replies 4471 Views

2 Replies

4471 Views

Do I have to report a 1099-B that does not change my total tax?

by Latest post on by

1 Reply 697 Views

1 Reply

697 Views

If I have a joint stock account, how to I claim the loss?

by Latest post on by

1 Reply 678 Views

1 Reply

678 Views

I have 1099B proceed from broker & barter exchange transactions regulated future contacts. It does not have ID number I can not upload it from the broker. How do I do

by Latest post on by

1 Reply 477 Views

1 Reply

477 Views

How can a married couple make a combine total of 140k, both claim married 0 , pay mortgage interest , lost over 30k in the stock market, and still owe money?

by Latest post on by

1 Reply 640 Views

1 Reply

640 Views

I had a loss on my rental but no income to offset the loss. I am an active participant. Can I carry over my loss?

by Latest post on by

8 Replies 1953 Views

8 Replies

1953 Views

Can someone please let me know what i need to do to complete the "review" for my sold stocks from computer share? I have filled everything out and its still moving past.

by Latest post on by

1 Reply 381 Views

1 Reply

381 Views

Can I add the amount on my boyfriend's CRP if we rent together since he won't file a tax return he doesn't have any income.

by Latest post on by

1 Reply 481 Views

1 Reply

481 Views

My 1099 supplemental form shows a realized loss for the year. How do I capture that instead of the incorrect gains on 1099-b?

by Latest post on by

1 Reply 718 Views

1 Reply

718 Views

Under investments I chose other for the 1099s form,it switches automatically to the 1099b after I fill in the info,why?

by Latest post on by

2 Replies 1125 Views

2 Replies

1125 Views

Just a quick question, if I lost money in 2022 from the stock market and i file my losses will I get an increase in my tax refund?

by Latest post on by

2 Replies 2148 Views

2 Replies

2148 Views

Rental repair vs improvement?

by on Latest post on by

6 Replies 4738 Views

6 Replies

4738 Views

If i receive Rent payments via Zelle from my banking app, do i pay taxes on that?

by on Latest post on by

3 Replies 3919 Views

3 Replies

3919 Views

Both my wife and I file Married/separate. Our current home is in my name and I claim the property interest on my tax. Can my wife claim Prop tax on the rental?

by on Latest post on by

3 Replies 1800 Views

3 Replies

1800 Views

If you take a cash out when refinancing and the money your cashing out is to reinvest in home improvements on your primary home (roof, paint, deck replacement) do you need to pay taxes on the cashout ...

by on Latest post on by

2 Replies 1138 Views

2 Replies

1138 Views

What's the max amount of money I can send to my wife overseas, without being taxed? Also what's the max amount of money I can currency exchange without being flagged?

by on Latest post on by

13 Replies 9326 Views

13 Replies

9326 Views

I would like to use accelerated depreciation for rental property acquired in 2021. How do it in turbo tax home and business edition

by on Latest post on by

4 Replies 1825 Views

4 Replies

1825 Views

Is there any limit for annual salary above which I cannot get tax credits for 529 investments? I currently live in WA state and I max out my 401K investment limits.

by on Latest post on by

2 Replies 1295 Views

2 Replies

1295 Views

Last yr I paid 50K capital gains tax. This yr I've 200K unrealized capital loss. If I realize some of this cap loss can I get some of last yr's paid cap gains tax back?

by on Latest post on by

4 Replies 1771 Views

4 Replies

1771 Views

I can't find the depreciations schedules for my rental properties. How can I find them in Turbotax?

by on Latest post on by

1 Reply 702 Views

1 Reply

702 Views

Can I offset a large capital gain on sale of a house with a capital loss in the stock market?

by on Latest post on by

10 Replies 11341 Views

10 Replies

11341 Views

How to avoid paying tax in US as well as in UK, on rental income in UK?

by on Latest post on by

6 Replies 2300 Views

6 Replies

2300 Views

Bought house for $130k, divorced later, refinanced to remove ex and took out some cash, new mortgage $250. Sold for $440. Profit $170. Do I have to pay cap gains tax?

by on Latest post on by

13 Replies 4171 Views

13 Replies

4171 Views

Kindly advice, as an expat lives 330 days overseas, but own a house subject for rental income , do i need to file state tax ?

by on Latest post on by

7 Replies 2221 Views

7 Replies

2221 Views

Cap gains

by on Latest post on by

3 Replies 1520 Views

3 Replies

1520 Views

When is tax payable on Unrecaptured Section 1250 Gain after sale of rental property?

by on Latest post on by

3 Replies 2271 Views

3 Replies

2271 Views

How/where do I depreciate rental properties in table tax?

by on Latest post on by

2 Replies 1163 Views

2 Replies

1163 Views

If i avoid capital gains tax from the sale of rental property via like-kind exchange, having the new property rented, what happens when we convert that to primary home?

by on Latest post on by

1 Reply 524 Views

1 Reply

524 Views

Cost basis for dividend based crypto, eg coinbase

by on Latest post on by

1 Reply 767 Views

1 Reply

767 Views

How do I enter the land portion for the sale of rental property on Form 4797 for Part I, 2 ? Building portion for Part III ?

by on Latest post on by

5 Replies 2555 Views

5 Replies

2555 Views

We purchased a timeshare in 2021 and didn't use it for personal use. My understanding is that we can treat the timeshare as either a second home or investment property?

by on Latest post on by

2 Replies 1330 Views

2 Replies

1330 Views

My turbo tax download does not prompt me as to where i add money received from a sale of a rental property, even though i listed it as sold in 2021.what should i do?

by on Latest post on by

1 Reply 592 Views

1 Reply

592 Views

I have a townhome used as a rental property. Is that considered single-family or multifamily?

by on Latest post on by

1 Reply 903 Views

1 Reply

903 Views

I input two 1099-MISC of sold some stocks. Turbotax treated them as income from business or rental property and asks for Schedule C or E. Why? But it was only sold stock!

by on Latest post on by

1 Reply 439 Views

1 Reply

439 Views

Do I use the full FMV and taxable values to determine the depreciable value for a rental property being rented for the first time in 2021 that I co-own with my sister?

by on Latest post on by

4 Replies 1616 Views

4 Replies

1616 Views

Do I need to pay estimated taxes for capital gains realized from the sale of a mutual fund?

by on Latest post on by

2 Replies 1086 Views

2 Replies

1086 Views

1099B

by on Latest post on by

1 Reply 515 Views

1 Reply

515 Views

Inherited a property in July sold it in November

by on Latest post on by

1 Reply 493 Views

1 Reply

493 Views

Unable to share screen when agent requests screen share even though I 'accept' the pop-up. What can't I share screen?

by on Latest post on by

4 Replies 7119 Views

4 Replies

7119 Views

Schedule E line 1. Its asking for an amount of rent received but we don't rent any property. We just receive royalties form a property owned by the whole family.

by on Latest post on by

1 Reply 599 Views

1 Reply

599 Views

Depreciation assets of rental

by on Latest post on by

3 Replies 1137 Views

3 Replies

1137 Views

My 90 yr old mom got a huge increase in 1099-DIV “distributed capital gains” and now has a large unexpected tax bill.Can this be avoided, because the fund also drops too?

by on Latest post on by

5 Replies 1528 Views

5 Replies

1528 Views

I moved to a new home and rented out my old home in year 2021. Does this fall into category of "Converted home to rental or rental home" ?

by on Latest post on by

1 Reply 495 Views

1 Reply

495 Views

I have a rental property managed by a company I do not own. All maintenance decisions go through me before they are completed. Does this qualify as a qbi?

by on Latest post on by

1 Reply 487 Views

1 Reply

487 Views

How is Capital Gains Distribution calculated and summed up? I have a value in Capital Gains Distribution but do not understand how it was totaled up. Can someone advise?

by on Latest post on by

2 Replies 953 Views

2 Replies

953 Views

How much of my rental expenses can I deduct for a home I also live in?

by on Latest post on by

3 Replies 1477 Views

3 Replies

1477 Views

Does paying rent on property that was my principal residence mean the land or my apt?

by on Latest post on by

6 Replies 3553 Views

6 Replies

3553 Views

Is anyone else getting "Depreciation and Amortization Under Construction" for rental property (Form 4562 for Schedule E)? Just 10 days before the filing deadline!

by on Latest post on by

7 Replies 2038 Views

7 Replies

2038 Views

If I let someone use my land to farm and they paid me at the end of the year is that considered a royalty

by on Latest post on by

1 Reply 446 Views

1 Reply

446 Views

Hi ! Which section can I enter stock gains and loss from IRA?

by on Latest post on by

1 Reply 440 Views

1 Reply

440 Views

I early exercised stock options in a startup in 2016 via 83(b). The company shut down last year. How do I report the loss in turbo tax without 1099B or 3921?

by on Latest post on by

8 Replies 3134 Views

8 Replies

3134 Views

I sold a rental house. For Sales Info of Asset, do I enter full sticker price of house, OR just the money I made from the sale after closing costs/settlement fees?

by on Latest post on by

1 Reply 609 Views

1 Reply

609 Views

I'm getting an error that the asset type for my rental property is missing, but the only available selections are "M-Home Office" and "N-Home Office Improvement".

by on Latest post on by

4 Replies 1884 Views

4 Replies

1884 Views

Where do I put mortgages for rental properties?

by on Latest post on by

1 Reply 500 Views

1 Reply

500 Views

Someone got into my Schwab investment account and stold $20,000 of my money. Some was in an IRA and I have to pay a penally on the sold stocks, can I take a deduction?

by on Latest post on by

3 Replies 1271 Views

3 Replies

1271 Views

Is the cost basis of my condo rental reduced by land value? If so how would that land portion of the purchase price be determined ? No Land Value on prop tax bill.

by on Latest post on by

2 Replies 3340 Views

2 Replies

3340 Views

My etrade supplimental report have "Cost Basis" showing $0, but "Adjusted Cost Basis" show up some amount. Should I enter "Adjusted Cost Basis" amount ?

by on Latest post on by

1 Reply 727 Views

1 Reply

727 Views

Should we pay in quarterly this year to ease the burden when filing for 2022 as we sold our rental this year 01/19/2022 for $367,000?

by on Latest post on by

2 Replies 1284 Views

2 Replies

1284 Views

We have 2 rental properties. Is the $25k deduction max a combined amount or is it per property?

by on Latest post on by

1 Reply 455 Views

1 Reply

455 Views

If there was double-entry of Fidelity's capital gains, etc., what other tax data might have been downloaded twice?

by on Latest post on by

1 Reply 535 Views

1 Reply

535 Views

Hi, my parents rent the apartment from the landlord, then I pay part of rent to my parents. the rental contract doesnt have my name, is it mean that I pay rent?

by on Latest post on by

1 Reply 469 Views

1 Reply

469 Views

On my Rental Property sale it's asking for a Property Type code 1, 2, or 3. Any ideas?

by on Latest post on by

1 Reply 491 Views

1 Reply

491 Views

I have a capital loss on my state tax return from 2020. No loss was reported on my federal return. How can I apply the loss to my 2021 state tax return only?

by on Latest post on by

9 Replies 6283 Views

9 Replies

6283 Views

Are refinancing fees from 2020 deductible in 2021 when the residence became a rental property?

by on Latest post on by

4 Replies 1382 Views

4 Replies

1382 Views

How do I enter 1099-LTC info for contracts issued before Aug 1, 1996?

by on Latest post on by

3 Replies 1651 Views

3 Replies

1651 Views

I sold a rental property in 2020. I had a LOT of repairs AND upgrades before selling. Are any of those tax deductable? If so, where does the sale AND deductions go?

by on Latest post on by

15 Replies 6625 Views

15 Replies

6625 Views

Sale of rental property, received 1099S

by on Latest post on by

1 Reply 619 Views

1 Reply

619 Views

I don't understand so I'm asking why am I required to give my bank info to prepare my stock or crypto investments

by on Latest post on by

1 Reply 601 Views

1 Reply

601 Views

I have a -$6001 investment from last year. How does that work for my federal return and the capital loss carryover into next year?

by on Latest post on by

1 Reply 766 Views

1 Reply

766 Views

TT confused re: Options trading - specifically selling a stock short which makes the date acquired come AFTER the date sold - error: "Date acquired is after date sold"

by on Latest post on by

3 Replies 621 Views

3 Replies

621 Views

My primary residence was converted to a rental years after I bought it. TurboTax is asking: "What kind of property is this loan secured by?" Should I select Primary Home?

by on Latest post on by

15 Replies 2760 Views

15 Replies

2760 Views

Is anyone else having an issue with the data not being saved? This has been happening in the rental property expense section. I have tried several times

by on Latest post on by

2 Replies 837 Views

2 Replies

837 Views

Nonresident State Tax Return for NJ Resident with Rental Properties in TN/TX and K1s in FL/TX/GA

by on Latest post on by

3 Replies 2068 Views

3 Replies

2068 Views

I purchased my home may 2019, converted the garage to a rental unit, started renting jan. 2021. can I use section 179 to deduct its cost on 2021 taxes?

by on Latest post on by

10 Replies 4151 Views

10 Replies

4151 Views

For purposes of PERS retirement plus vacation rental income, I have my largest income ever. What can I do to reduce liability before 2021. Thanks.

by on Latest post on by

1 Reply 508 Views

1 Reply

508 Views

3rd quarter or 4th quarter payment? sold rental property august 31st.

by on Latest post on by

8 Replies 2698 Views

8 Replies

2698 Views

Where to pay federal , NJ and PA estimated capital gains on rental property sale? Website link?

by on Latest post on by

3 Replies 1139 Views

3 Replies

1139 Views

Add closing cost both while buying and selling the rental property to basis?

by on Latest post on by

8 Replies 5777 Views

8 Replies

5777 Views

Should I pay capital gains taxes asap ? I sold 2 rental properties this year. Should I wait till Next year and pay capital gains taxes along with filing tax returns.

by on Latest post on by

1 Reply 643 Views

1 Reply

643 Views

I purchased a house in a different state last year that was already operating as a vacation rental. I retained the manager, but created a LLC. Where do I put the income?

by on Latest post on by

2 Replies 1231 Views

2 Replies

1231 Views

Can i delete unwanted stock transactions imported from external account?

by on Latest post on by

2 Replies 2180 Views

2 Replies

2180 Views

How do I file taxes for free robinhood stock? I was given Sprint stock in 2018 and it automatically sold off in 2020 due to sprint-T-Mobile merger. I didn’t receive 1099

by on Latest post on by

3 Replies 1958 Views

3 Replies

1958 Views

Tax Year Prior to 2020: I had a Passover loss on my schedule E for my rental property and it disappeared when I apparently clicked the wrong item. How do I regain the information

by on Latest post on by

6 Replies 2452 Views

6 Replies

2452 Views

Carry losses forward - Airbnb rental while having full time job

by on Latest post on by

5 Replies 2185 Views

5 Replies

2185 Views

I live in CA but own a rental property in OR. Do I need to file an OR return if have $232 income from OR property but losses from all rental income of -$100k?

by on Latest post on by

2 Replies 1920 Views

2 Replies

1920 Views

Delete

by on Latest post on by

2 Replies 1651 Views

2 Replies

1651 Views

Hello - have long term sale of small business stock, should be calculating as exempt from capital gains but is not and says 'needs review' Any guidance?

by on Latest post on by

1 Reply 630 Views

1 Reply

630 Views

If I rent only 50% of my primary home, how do I enter the shared expenses, such as property tax, utilities?

by on Latest post on by

3 Replies 3343 Views

3 Replies

3343 Views

Where do I file a private stock transaction without 1099-B

by on Latest post on by

1 Reply 802 Views

1 Reply

802 Views

Where do I list the percentage of my home that was rented? Does the 2020 app calculate percentage of mortgage and RE tax for between Sched E and Personal deductions?

by on Latest post on by

1 Reply 570 Views

1 Reply

570 Views

If I cannot find a 1099 or get one today for miscellaneous royalty income (small amount) can I just overestimate the amount?

by on Latest post on by

1 Reply 693 Views

1 Reply

693 Views

I have sold stock options, my cost basis is 0.0. I have 90 transactions, Turbotax is asking me to go each individual transaction and confirm it. Please help

by on Latest post on by

1 Reply 779 Views

1 Reply

779 Views

I'm a US resident with an account in my home country. I have investments in a debt mutual fund with no transactions in 2020, so no capital gains. Should I report this?

by on Latest post on by

1 Reply 544 Views

1 Reply

544 Views

Publicly Traded Partnership (PTP) K-1 and 1099-B cost basis adjustment - how?

by on Latest post on by

14 Replies 13339 Views

14 Replies

13339 Views

I gifted/transferred stocks to my 14 year old daughter's Fidelity Youth Account. She sold some shares. The Cap Gains amounted to $6,000 . Does she file her own taxes?

by on Latest post on by

1 Reply 988 Views

1 Reply

988 Views

If I sell a rental that was my primary residence until 10/1/18, must I complete the sale by 10/1/21 to claim a capital gains exemption? Close escrow on sale by then?

by on Latest post on by

2 Replies 1002 Views

2 Replies

1002 Views

Why would I fill out Form 8949 vs Qualified Dividends Capital Gain Tax Worksheet? What is the difference? How do I ensure I’m paying long-term capital gains tax?

by on Latest post on by

1 Reply 493 Views

1 Reply

493 Views

Can I enter Mortgage interest payments for a property I own and rent out in my expenses in Schedule E, but also claim mortgage interest as a deduction/credit?

by on Latest post on by

1 Reply 464 Views

1 Reply

464 Views

Turbo keeps rejecting my stocks short term capital gains. is their a way to no include this year and pay it on next years taxes

by on Latest post on by

1 Reply 494 Views

1 Reply

494 Views

sale and suspended loss

by on Latest post on by

1 Reply 498 Views

1 Reply

498 Views

It is asking me to fix questions on a Schedule E worksheet. I have 6 rental properties on these sheets it doesnt specify which one to correct

by on Latest post on by

1 Reply 630 Views

1 Reply

630 Views

Sale of vacation home used also as a short term rental

by on Latest post on by

1 Reply 2843 Views

1 Reply

2843 Views

Cost basis of my early exercised stock options

by on Latest post on by

3 Replies 1557 Views

3 Replies

1557 Views

I have 15 stocks, 5 sold for paying taxes, 10 vested to my account and sold in different dates. what to enter withheld to pay taxes for 5

by on Latest post on by

1 Reply 496 Views

1 Reply

496 Views

I've been renting 50% of my townhome since Sept '20. When entering rental asset depreciation, is 33% correct or 17%, since I only rent half of my home?

by on Latest post on by

3 Replies 1303 Views

3 Replies

1303 Views

In online turbo tax, Where to enter passive loss from K1 (1065) I received from partnership

by on Latest post on by

2 Replies 2575 Views

2 Replies

2575 Views

Energy Transfer LP unit Long-term sale

by on Latest post on by

2 Replies 1403 Views

2 Replies

1403 Views

Where do I put my previous year's passive loss from rental income now that I have sold my rental home?

by on Latest post on by

1 Reply 416 Views

1 Reply

416 Views

I have a rental property and this is my third year claiming the property on my taxes. I used a straight line depreciation and this year my depreciation is 0. Help!

by on Latest post on by

1 Reply 494 Views

1 Reply

494 Views

I live and work in GA but have a rental property in FL. Do I have to file in FL as well?

by on Latest post on by

1 Reply 511 Views

1 Reply

511 Views

I would like to know how Turbo Tax arrived at the net income value for my rentals. The income - expense dont add up. What am I missing?

by on Latest post on by

2 Replies 1147 Views

2 Replies

1147 Views

Why do I have a 1099-B for stock I sold in 2021. Turbo tax did an import from my investment firm and it is asking for cost basis on stocks I sold in 2021

by on Latest post on by

1 Reply 651 Views

1 Reply

651 Views

Tax Year 2020 - Schedule E asking for royalty income during review

by on Latest post on by

3 Replies 2993 Views

3 Replies

2993 Views

I have reported the Rental Property Depreciation for my rental properties in previous Tax Returns. Where/How do I get that information imported/transferred into TT?

by on Latest post on by

1 Reply 798 Views

1 Reply

798 Views

My mother in law and I owned a rental property 50/50 last July 8/1/2020 she gifted me her 1/2 interest. Now I need help figuring out how to update schedule E?

by on Latest post on by

1 Reply 487 Views

1 Reply

487 Views

Do you have a TurboTax Online account?

Topics with Label: TurboTax Live Premier Online