ajs
Level 3

Investors & landlords

Followup report:  Last year we did split one 1099-MISC across two properties, which is tedious at best without TT guidance and support, but no IRS flag resulted, so we just did it again this year (for 2020).

 

Also it looks like, finally for 2020, TT has quietly fixed their Form 8962 bug so they add THEN round, as it should be, thus avoiding the need to override numbers -- within a few dollars, shouldn't matter, but as I wrote earlier, it caused us a lot of grief with the IRS.


It's still sad that it took 2-3 years for TT to fix this, and they never acknowledged it, just said they were "following IRS guidance" (wrong).