- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Get your taxes done using TurboTax
For the rent reduction, I reside in New Jersey. I didn't see anything like what you mentioned on the form. I will look again. I did the Standard Deduction instead of itemized, could that be why?
For the timeshare, I went on Google and one of the entries said that you don't have to include the canceled debt if there is a Fair Market Value. On the 1099C that I received, there are 2 different amounts in Box 2 and Box 7. If I have to include it, which amount do I include? On TurboTax, it didn't allow me to add the amounts though. It just directed me to the irs.gov website. Should I upload it on the same page I uploaded my W2?
If my husband makes a contribution today to his IRA, would that lower the tax owed now or will it only count for next year?