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Get your taxes done using TurboTax
Warning if you're considering going to a CPA to solve this...
The problem I had after throwing up my hands and going to a local CPA in 2018 is that once he did the return, I could not get his forms and logic entered back into TTax, so I now had a gap in my files. This caused all my carryover data in TTax to be lost so I was facing starting from scratch the next year.
However, I solved this by opening a new tax file for 2018, basing it on my 2017 file, and just saved it with no return included. As I hoped, TTax brought forward and updated all the depreciation, IRA basis calcs, etc. that I rely on it for.
YMMV but it worked for me.
Geoff
March 28, 2022
7:06 AM