Investors & Landlords Tax Forum Q&A

QBI carryover from prior year for Sch E

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1 Reply

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Depreciation and Amortization Report for Schedule E

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1 Reply 6280 Views

1 Reply

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1099-B imported incorrectly?

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2 Replies 5887 Views

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How do I remove a rental property?

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How to enter short sale transactions imported from ETrade

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1 Reply

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For the "How did you receive this investment" field, why isn't "Return of capital for fractional shares or cash in lieu" an option?

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Does switch from Standard Deduction to Itemized Deduction effect Net Investment Income Tax

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Form 8582 line 1c help!

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Sold out-of-state rental property but failed to file nonresident return for rental in previous years

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8 Replies 2574 Views

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Unable ot input prior year special depreciation

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How do I determine what entry the system needs me to check?--- "Form 1099-B Worksheet (xxx): Cost or Adjusted Basis (Positive Amounts Only) must be entered."

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1098 entry

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Rental property questions

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1 Reply 1681 Views

1 Reply

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K-1 Income not being reported in income summary or in 1040 preview

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5 Replies 1203 Views

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efile or print and include form 8990 and mail the forms?

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6 Replies 2467 Views

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How to input partial rental property depreciation/expense while owner occupied

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1 Reply 1999 Views

1 Reply

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Farm Income Keeps Doubling

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1 Reply 124 Views

1 Reply

124 Views

Switch from rental management company to self-management

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3 Replies 1627 Views

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How do I enter my property tax and mortgage interest on a property that I lived in part of the year and rented for part of the year?

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4 Replies 6185 Views

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Zero cost basis transactions

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Dual 1099R (Code H and Code G) end up being summed up as total in tax reporting, normal

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1 Reply 392 Views

1 Reply

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Not able to change filing method (resolved)

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0 Replies 253 Views

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Converting primary residence to rental - accounting for tax and insurance expense

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1 Reply 1666 Views

1 Reply

1666 Views

How to calculate cumulative depreciation from form 4562? I see there is prior year and current depreciation. Do I simply add that up to get the total depreciation?

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Are stock sells considered CA sources for partial residents? Schedule D (540)

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7 Replies 2440 Views

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Same issue with being asked to enter Passive Operating Loss

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1 Reply 1119 Views

1 Reply

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Depreciation recapture when selling primary residense

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9 Replies 3140 Views

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Why, in TurboTax, are my long-term capital gains being reported as normal taxable income?

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27 Replies 8986 Views

27 Replies

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TurboTax Premium Online - Unable to find wizard to enter rental sale of property information

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Partial Rental of my primary residence to input percentage of time

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2 Replies 2463 Views

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Does TurboTax Online support multiple Schedule Bs on NY IT-203-F for 2024?

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1 Reply 1086 Views

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Primary residence converted to rental - mortgage interest -

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3 Replies 2426 Views

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Sold US treasury notes and on the 1099 B from Fidelity it shows a gain of $4,019 but it doesn't import correctly on Turbo Tax

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1 Reply 607 Views

1 Reply

607 Views

Stuck in Federal Review for stocks, mutual funds, bonds, other

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26 Replies 4138 Views

26 Replies

4138 Views

I'm getting taxed in the wrong state for my rental property income

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8 Replies 1737 Views

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How to report SSDI below market rental in my home.

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3 Replies 467 Views

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How do I enter my startup expenses for my rental property?

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8 Replies 10782 Views

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Unable to edit stock transaction sales (missing icon/button)

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3 Replies 877 Views

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My 1099B has sales where gain/loss doesn't match the proceeds minus the cost basis due to short-to-longterm capital loss conversion. How do I enter a different gain/loss?

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I moved from California to another state. I had capital gains/losses, almost all in the stock market. How do I interpret the Allocating Capital Gain or Loss screen?

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7 Replies 3816 Views

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is there a change in turbotax this year as to how to enter rental expenses when the rental is a part of your own personal home?

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Schedule E

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1 Reply 232 Views

1 Reply

232 Views

Rental Property Basis of Depreciation Shows Differently on Form 4562

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3 Replies 4353 Views

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How to enter my Rental deduction

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3 Replies 526 Views

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How do I delete a stock sale

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Ally Invest Consolidated 1099 Not Imported

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cannot manually enter capital loss carryover

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1 Reply

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RENTAL PROPERTY DPRECIATION

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RSU cost basis issue

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Rental property in another state. Do I need to file for that state even though I don't live there?

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If I rent out a second home occasionally on airbnb, is that considered rental income even though the house is not a rental property, or would it be miscellaneous income?

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4 Replies 813 Views

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Rental flooring improvements vs repair

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10 Replies 6035 Views

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How do I fix TurboTax won't let me enter date acquired for stock on 1099-B worksheet?

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13 Replies 5774 Views

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Rental Property: Switching from "Use IRS Method" to "Use Tax Court Method." When I click on Use Tax Court Method nothing happens. It won't change. How do I do this?

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13 Replies 7149 Views

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Primary residence to rental and repair and utility expenses prorated

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3 Replies 1989 Views

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1099-b being attached instead of 1099-s

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5 Replies 5650 Views

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Huge amount of federal tax due after sale of rental property

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State Tax on Iowa Non Resident Income from Rental Property Loss

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How to report "not for profit rental income" in TurboTax?

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10 Replies 6722 Views

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duplicate property tax deduction in turbotax because i rent out my own place?

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3 Replies 1151 Views

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Final K-1: Want to take advantage of passive losses that have accrued, if possible

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2 Replies 3759 Views

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Where do I enter repairs/maintenance for my rental property?

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3 Replies 1399 Views

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Schedule D Form

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nonresident income in KY

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1 Reply 2668 Views

1 Reply

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8594 asset acquisition statement - I sold a rental property last year in January, 2018. Do I need to file 8594?

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3 Replies 2478 Views

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W2 Box 14. If the Description refer to stocks (RSU, SAR), what is the appropriate "Category" to select on the turbo tax form?

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After entering totals for 1099-B instead of individual rows, where is TurboTax's attached statement, and where is the form I have to mail?

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Sale of second home that was lived in for more than 24 months in the last 5 years

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3 Replies 592 Views

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Should I use the box 2a on my mutual fund 1099div for capital gains. I received no 1099b for my fund?

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3 Replies 450 Views

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450 Views

How do I get Turbo tax to classify me as a material participant in a rental property?

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9 Replies 3203 Views

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1099-B with both reported basis and non-reported basis for RSUs

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3 Replies 1547 Views

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Expenses deduction on Rental property

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Sale of second home

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1 Reply 537 Views

1 Reply

537 Views

How import Shareworks to turbotax

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1 Reply 1468 Views

1 Reply

1468 Views

How do I indicate conversion of a rental property to primary residence, if I purchased the property, rented it, and converted it in the same year?

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19 Replies 6754 Views

19 Replies

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For people leaving California, can capital gains on stock be calculated using the resident to nonresident ratio of days, or must I use the date the stock was sold?

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7 Replies 844 Views

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What does "Form 1099-B Worksheet. Cost or Adjusted Basis must be entered" mean?

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37 Replies 18589 Views

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How do I report stock sales if I didn't get a 1099b?

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33 Replies 25248 Views

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25248 Views

Does undefined work mean the work you complete or the work you didn't do relating to miles driven to fix up rental property?

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3 Replies 927 Views

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How do I enter a 1099-B Proceeds from Broker and Barter Exchange Transaction

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7 Replies 6475 Views

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1099-Misc box 3 on rental property

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1 Reply 2274 Views

1 Reply

2274 Views

Have 1099-B from Acorns but Can't Import

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13 Replies 8050 Views

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8050 Views

Vacant Rental Property Expense while preparing for Sale

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15 Replies 48740 Views

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sale of second home

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How can I generate Form 8949 to account for Crytpo capital loss?

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9 Replies 2263 Views

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interest in a public traded partnership and investment expenses (Noncovered with undetermined holding period)

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1 Reply 2947 Views

1 Reply

2947 Views

Replace windows as "Improvement" or Reduce duduction as "Expenses" once we have loan?

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3 Replies 4396 Views

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Does TurboTax allow importing of Schedule K-1 ?

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1 Reply 1518 Views

1 Reply

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What can I deduct from capital gain of selling inherited rental property?

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1 Reply 1727 Views

1 Reply

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Replace windows replacement for Resential Rental Property after tenant move in

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7 Replies 4153 Views

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Turbotax not prorating 1098 interest

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0 Replies 1089 Views

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Depreciation tracking now that forms aren't provided

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1 Reply 2443 Views

1 Reply

2443 Views

Problems importing Stock transactions on a Mac

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8 Replies 1449 Views

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I have a net loss on a rental property but Turbotax says I can deduct "zero". I'm pretty sure in previous years the deduction was the same as the loss. What's wrong?

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10 Replies 2312 Views

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TurboTax doesn't display loss when sales expenses exceed gain?

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1 Reply 1760 Views

1 Reply

1760 Views

Data export

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1 Reply 596 Views

1 Reply

596 Views

My wife died in 2022. In Turbotax, how can I Step Up the cost base of our rental property to get more depreciation? Can I update the original Cost to reflect the Step Up?

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43 Replies 5306 Views

43 Replies

5306 Views

Prevent Turbotax from deducting Capital Loss

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8 Replies 2203 Views

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2203 Views

Rental Property Loss Carryover Screen - TT Online 2022

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7 Replies 6378 Views

7 Replies

6378 Views

I paid an independent contractor >$600 for repairs on my rental property this year. I've issued a 1099-MISC to the contractor. How do I report this to the IRS?

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19 Replies 21597 Views

19 Replies

21597 Views

Offsetting Short Term and Long term gains in the same year.

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2 Replies 597 Views

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597 Views

Turbotax Not Calculating Rental Property Depreciation Cost Basis Correctly

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1 Reply 2540 Views

1 Reply

2540 Views

Virginia Return with PTET Credit not available for E-File

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8 Replies 3343 Views

8 Replies

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Crypto CSV import STILL not working.

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10 Replies 7292 Views

10 Replies

7292 Views

1099-K Rental Income Includes 1 Month of Income Reported in Prior Year

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1 Reply 2064 Views

1 Reply

2064 Views

TT is forcing me to enter a sale of an asset that I did not sale

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5 Replies 3382 Views

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3382 Views

Why won't the software accept that I have zero royalties to report?

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23 Replies 4793 Views

23 Replies

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duplicate asset on form 4562 Depreciation and Amortization

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1 Reply 742 Views

1 Reply

742 Views

Where do you report earnings on excess Roth IRA contributions

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7 Replies 5124 Views

7 Replies

5124 Views

Why didn't TurboTax import my Capital Loss Carryover?

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20 Replies 9130 Views

20 Replies

9130 Views

I have a 1099 B for the redemption of two CD's, how do I report them and what Type do i list in the sales info section i.e. stock, bond, mutual or other?

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18 Replies 9148 Views

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I have normal passive carryover from last year. But a 465D at-risk carryover appears in "other expenses" section. It won't disappear even I removed it.

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6 Replies 1350 Views

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Wind Farm Good neighbor agreement

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6 Replies 1806 Views

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I purchased a new refrigerator and washer/dryer for my rental property. How do I deduct the expense? I didn't see an option to include new purchases just repairs.

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35 Replies 106179 Views

35 Replies

106179 Views

When reporting rental income to a non-resident state do I enter the gross amount of income or the Federal adjusted amount?

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15 Replies 5622 Views

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ICICI prudential life insurance policy

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Capital loss carryover and documentation from prior years

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2 Replies 4874 Views

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Rental Carryover Loss on NJ Returns

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20 Replies 10943 Views

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How do I get Turbo tax (using online TurboTax premium") to classify me as a material participant in a rental property without classifying me as a real estate professional?

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1 Reply 5458 Views

1 Reply

5458 Views

Depreciation recapture due to energy efficiency rebate on HVAC equipment

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4 Replies 7852 Views

4 Replies

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Capital Gain Carry-Over

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2 Replies 1171 Views

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Rental Property Deductions

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1 Reply 6149 Views

1 Reply

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In my rental property info section, I've entered in values in various expenses/assets (depreciation) but TurboTax says "not started" and returns 0 on the summary page.

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8 Replies 3554 Views

8 Replies

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How to report an improvement of rental property that occurred in the same year the rental property was sold.

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1 Reply 3617 Views

1 Reply

3617 Views

Issues reporting a rental property sale ("Special Handling Required?")

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1 Reply 4507 Views

1 Reply

4507 Views

Rental income is total rent minus mortgage payment correct? Or do I just list total rent collected then ithe program will ask about mortgage later?

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25 Replies 36448 Views

25 Replies

36448 Views

Visited rentals out of state

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1 Reply 826 Views

1 Reply

826 Views

Improvements/repairs to rental property prior to sale

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36 Replies 35104 Views

36 Replies

35104 Views

What do I classify a matured CD (Certificate of Deposit) as under the drop down menu for "What type of investment did you sell?" Stock, Bond, or Mutual Fund?

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16 Replies 9680 Views

16 Replies

9680 Views

My stock losses are not being counted on the PA state tax calculation. I can't find a way to change that. How can I make them appear?

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8 Replies 2533 Views

8 Replies

2533 Views

Sale and purchase of timeshare vacation ownership

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1 Reply 1368 Views

1 Reply

1368 Views

where do I enter a 1099-INT for my LLC

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3 Replies 1970 Views

3 Replies

1970 Views

Sump Pump Replacement at Rental Property

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2 Replies 3996 Views

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3996 Views

I received $17,874.10 from an insurance claim on my rental property for water damage. how should I report on turbotax?

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21 Replies 33790 Views

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33790 Views

I only made less than $10 in stocks last year. Will I get in trouble if I don’t file the stocks in taxes?

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5 Replies 10002 Views

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10002 Views

Amended 2022 return issue with cost basis for 1099B

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0 Replies 10048 Views

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I have a rental property, but because my income is greater than $150K I cannot claim any losses. if I place the property in an LLC, would I be able to claim the losses?

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14 Replies 6771 Views

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Renter's credit form for renting out a room?

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1 Reply 6994 Views

1 Reply

6994 Views

Wash sale

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4 Replies 2773 Views

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2773 Views

Can I utilize more than $3k in capital loss carryover next year?

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6 Replies 21367 Views

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21367 Views

How do I interpret and enter my Georgia Form 700 Schedule K-1 (nonresident state tax return)

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17 Replies 12691 Views

17 Replies

12691 Views

What are the pros and cons of choosing to use active participation rather than passive participation in rental property?

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11 Replies 8637 Views

11 Replies

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Claim capital loss for sale of property

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5 Replies 3706 Views

5 Replies

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How enter stock sale, no 1099

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2 Replies

764 Views

Losses when renting a room in your own home

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19 Replies 5113 Views

19 Replies

5113 Views

Capital Gains Partial Exclusion

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4 Replies 10081 Views

4 Replies

10081 Views

Where do you enter capital gains distributions from brokerage

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3 Replies 1108 Views

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1108 Views

Short term rental switching from schedule E to Schedule C

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1 Reply 23162 Views

1 Reply

23162 Views

Short (sold to open) Options Expire - TT won't allow bypass of review

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9 Replies 2200 Views

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2200 Views

I rent out a room in my primary residence. While I actively manage this room rental, am I allowed to deduct a net loss since I use it for personal use as well?

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10 Replies 4280 Views

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Do you have a TurboTax Online account?

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