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Business & farm
@MarkBond TurboTax doesn't always know what to do with entries on 11A, but it doesn't really tell you that in the interview. If you have access to 'Forms', you'll see an * that tells you that you'll sometimes need to re-enter the value on the appropriate form yourself. In this case, its likely that you'll need to report the sale separately to get the income onto Sched D.
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**Note also, I'm not a Tax Preparer/CPA. Just a volunteer, seasoned, TurboTax user.
Use any advice accordingly!
**Note also, I'm not a Tax Preparer/CPA. Just a volunteer, seasoned, TurboTax user.
Use any advice accordingly!
March 22, 2023
9:24 AM