while my properties are the rental properties, there's capital gains from the sale, box one has an entry of zero. But if I remove the zero, the program adds several thousand more in tax liability than with the zero included. Again, I shouldn't have to put so much effort into figuring out the program and keep guessing. Turbo tax should automatically do so. It's their form to begin with. In fact, Turbo tax should have the TT1040 import the information from the TT 1065. But it doesn't import. All of you who use Turbo tax, when it comes to selling assets and trying to get a CPA to review or even start the return from scratch, you will find that most CPAs are not willing to take you on. Just telling you what I've experienced. Anyone from TurboTax willing to chime in? Last year I paid extra to have someone from Turbo tax answer the questions. The person gave a generic answer and wouldn't let me send her the form to look and see if I did it right. She said she couldn't do that. So, I'm reluctant to waste my time and money doing that again.
