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When you go through the rental schedule, you mark that you rent out part of your home. You enter the percentages and choose if you want to do the math or let the program.   See another post of mine for help.

@kdutta ,Namashkar. Whereas I do not  have experience in owning NRE or NRO accounts,  I am aware  of the US tax implications of such accounts. (a) Are you a US person ( citizen / GreenCard/ Resident for Tax purposes ) ?  I ask because as NRA  you do not need to report the earnings in such schemes. (b)  There are no special handling / carveouts in the US-India Tax Treaty -- this is just interest income. (c) Issues that are  most vexing ( depending on the actual facts & circumstances) are:                        1. For NRE accounts   earnings while not taxed  in India still have to be recognized and taxed in the USA.  And to this add the uncertainty/ effects  caused by  exchange rate.   You recognize  these earnings  ( for US purposes ) as interest earnings.  Since India does not tax the earnings there is NO Foreign Tax credit ( No double taxation ).                          2.  For NRO accounts, because India taxes these, you have  eligibility  for Foreign Tax Credit    but generally no  exchange rate degradation issue.  Your reporting / recognition  is dependent on the type of income deposited into the account  (  savings/CD interest , rental income. business income etc. )   Given the general nature of your question , I do not know for certain if I have answered your query  in full or not .  I will await your response .

When purchasing on Amazon you must ensure that it says shipped and sold by amazon  Where can I purchase authentic TurboTax Desktop software?   For installation and software billing issues you can contact the TurboTax Support Phone Number   Edited: 04/08/2025 | 07:59 am PST @cjdish

The cost of the generator or other qualifying property, not the home itself.  For ore information, see Energy Star.gov   Tax Credit includes installation costs.   The maximum credit is $500 per half kilowatt (kW) of power capacity.   The fuel cell  must have a nameplate capacity of at least 0.5 kW of electricity using an electrochemical process and an electricity-only generation efficiency greater than 30%.   The home served by the system MUST be the taxpayer's principal residence.   In case of joint occupancy, the maximum qualifying costs that can be taken into account by all occupants for figuring the credit is $1,667 per 0.5 kW. This does not apply to married individuals filing a joint return. The credit that may be claimed by each individual is proportional to the costs he/she paid.

Are you referring to the military discount?  If so, the military discount is valid for active duty and reservists of an enlisted rank (E-1 through E-9) with a military W2.   Excludes National Guard members Excludes TurboTax Live products   In TurboTax Online, review the questions in My Info in the upper left hand corner of the screen.   Make sure that the questions have been correctly answered at the screen Let's check for some other situations.  Make sure that you report a military W-2.

Thank you.  Without issuing a 1099-Misc, need further clarification, please. Amount on K1 Box 1 reflects  (rental income - expenses - depreciation) as a loss. Cash, without the depreciation (rental income - expenses) is positive and flown  to the partners be somehow reflected on the K1? How? Thanks

After you enter you Form 1099-R, you will be on the "Review your 1099-R info".  Make sure you click on "Continue" from there.  There will be a series of questions.  One of those questions will be "Any Nondeductible Contributions to Your IRA".  You need to answer Yes  so you can enter your $10,000 of after tax contributions.  On the next page you will enter $10,000.  Continue through the questions.  Your IRA distributions should now show only the $986 gain as taxable income.  

It depends. lf you are using TurboTax Online you can review your forms line by line before you file. You have access to all forms when you choose to print your return in TurboTax Online/Mobile.  However you are required to pay before printing, but do not have to file until you are ready. Can I print a copy of my return in TurboTax Online before filing? If you are using TurboTax Desktop you can switch to Forms and review all forms and worksheets.   To enter a qualified business income (QBI) loss from last year you can use the steps shown below. TurboTax Desktop or TurboTax Online Income and Expenses > Other Business Situations  > Net Operating Loss/QBI Carryforward Loss @Jaydub345