dxf
Level 2

Deductions & credits

Good advice, I'll make the HTKO positive with a flag as a self reminder to change it back later.

 

My guess is that TT interpreted the phrase “all deductions that are definitely related OR apportioned to passive income” as meaning using line 2 OR line 3.  >>> Since it is consistent between the HTKO general income category and HTKO passive income category, I realized the final tax amount number doesn't change regardless of the interpretation. So I'll trust TT calcs and submit electronically. After all, TT calcs are guaranteed so I should be covered.

 

Thanks a lot for your help! I was going to give up and go to a CPA without your help.