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Today I have the almost complete opposite situation versus yesterday.  My wife had a different inherited stock sale last year with 1099B from a different broker then I described yesterday (yesterday was my inherited stock sale), she inherited it from my father-in-law on a Sunday in 2014 (Long term covered).  The Broker's 1099B PDF file on their website shows the date acquired as the correct and valid Sunday date of death in 2014, not "INHERITED".    I imported that 1099B down to TurboTax Deluxe, but this time the 1099B review screen in TurboTax step-by-step DOES have the question as to how it was acquired, with the options of inherited, purchased, gift, etc.  So to be truthful, I chose "inherited", which was then put into the filing form, 8949 I think.    I did try as an experiment to go into the Forms view and change it from inherited to the correct date of death shown on the 1099B PDF from broker and it did seem to take it, but when I went back to the step-by-step the option box was still showing "inherited".  Then switching to Forms view again, it had changed back to "inherited".    So in this situation, I think somehow the TurboTax software did not receive the date acquired actual date from the import or there was something wrong with it, so it reverted to asking the question of how the stock was acquired.     So my question is, should I delete that record from the import and create a new 1099B record manually, choose "purchase" if it asks how acquired, and put in the actual date of death in 2014?  Or maybe just leave the import record, just choose "purchase" and put in correct date?  It seems somehow dishonest to do this but it would match with the brokers 1099B PDF on their website and the IRS likes to have everything match.   Please advise.

Much appreciated. One final question -- when entering the calculation for the capital loss carryover for resident versus non-resident all prior years, my understanding is that I can use the same amount for both (since the stocks were sold while I was in California, the 'source' of the loss is within California). Is that correct?   Whereas if the stocks were sold when I was outside of California, the nonresident all prior years carryover would be zero.

To enter you K-1, you will select the following:   Federal Personal Income I'll  choose what I work on Start next to Schedule K-1 under Business Investment and Estate/Trust Income near the bottom of the screen Yes to did you receive one Start next to Partnership (Form 1065) Walk through to enter your K-1 Walk through all the questions and you will be able to enter boxes 19 and 20.  

You can use online TurboTax software on an iPad.   You cannot use desktop download software on an iPad or any other mobile device.   ONLINE 2024 https://turbotax.intuit.com/personal-taxes/online/  

My screen is different from yours.  It only has the question about number of days rented.  Period.  The next screen asks if we owned it for the entire year.  Then it takes me back to the Review Rental Info Screen.  Why would my version be different?  So frustrating.      

Yes. I you filed your 2023 by mail but forgot to sign it, the IRS will return it back to you (meaning, nothing has been processed in their system). You will need to print again, make sure you sign it and mail it back to them. Make sure you include all forms and schedules with it.

Are you referring to line 3f of IRS form 1116 Foreign Tax Credit?  Or something else?  Please clarify.   If you are referring to line 3f, either line d or line e is incorrect.  Which entry needs to be corrected?

You will need to print it again, sign and date it ink, and mail it.   When you mail a tax return, you need to attach any documents showing tax withheld, such as your W-2’s or any 1099’s.  Use a mailing service that will track it, such as certified mail so you will know the IRS/state received the return.   Federal and state returns must be in separate envelopes and they are mailed to different addresses.  Read the mailing instructions that print with your tax return carefully so you mail them to the right addresses.  

You will log into her return and go to My Info. Select the arrow next to fer name [Revisit] Continue to Let's check for some other situations [X] Another taxpayer can claim me as a dependent on their tax return. Continue to the end of the interview