We do get besides social security, pensions, IRA distributions, investment income but no w2s as are retired.
Do we just report the pensions like social security on federal taxes. We did also receive when we bought the new place in Oregon form 1098-mortgage interest, points paid on purchase an amount also. I assume have to put that on fed taxes. Do I need to add that to the Oregon state tax or is it taken care of by putting it in federal form. So in other words what do I need to fill out on the Oregon state tax or will it be carried over like California.
Also on our sellers final closing statement we do have debit for example commissions, title charges, recording and transfer fees, escrow charges, home warranty fees, payoffs the principal or loan total payoff for our sold place. How can those be deducted and what are they classified as and where would I put that information and does turbo tax guide me through this.
