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Deductions & credits
@M-MTax - How can I combine them into one automatically? I mean I can punch in the total number in the screen after "Do any of these apply..." as others have mentioned above, but I would think TT must be smarter than this and it should know that I did 1031 in last year's return?
Right now basically I have 2 properties in Sch. E in 2 separate column, but the older/relinquished property has $0 income, etc. so it's pretty much a blank column. And I also have 2 rows in 8582 PAL limitation worksheets where the old/relinquished property is listed as carrying that $10k amount.
Is there a benefit in keeping them separate?
Thanks in advance!
May 12, 2021
11:47 AM