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Yes, you can adjust the holding period to long term and include your cost basis to reduce the gain.
Will it let you leave that field blank?
The Form 1099-R is required as it has information that must be entered on tax return.  Contact the Payer or the Administrator of the account to get access to the form.
Cents are not shown on your return.  You can round up if your amount is over 50 cents and drop the cents if it's 49 cents or under.   Refer to the IRS Form 1040 instructions Rounding Off to Whole... See more...
Cents are not shown on your return.  You can round up if your amount is over 50 cents and drop the cents if it's 49 cents or under.   Refer to the IRS Form 1040 instructions Rounding Off to Whole Dollars
The withheld taxes from box 4 on your Form 1099-R are carried to line 25b of Form 1040.   To preview Form 1040: Click on "Tax Tools" in the left menu Click "Tools" Click "View Tax Summ... See more...
The withheld taxes from box 4 on your Form 1099-R are carried to line 25b of Form 1040.   To preview Form 1040: Click on "Tax Tools" in the left menu Click "Tools" Click "View Tax Summary" in the Tool Center window Click on "Preview my 1040" on the left
I want to efile for my mother  but do not have drivers liscense or previous tax forms need help  
Yes.  Click here to file an extension.  Remember an extension is just for extra time to file, not extra time to pay.  If you are going to owe anything, you will still need to pay by April 15th.    ... See more...
Yes.  Click here to file an extension.  Remember an extension is just for extra time to file, not extra time to pay.  If you are going to owe anything, you will still need to pay by April 15th.    You can pay directly via the IRS website which is the recommended way or you can pay by check.  Be sure to include your SSN on your check and the tax year. 
Job seeking expenses were eliminated from the federal tax laws when the laws changed for 2018 to 2025.   However, even without income, you may be able to deduct your expenses, as long as you meet... See more...
Job seeking expenses were eliminated from the federal tax laws when the laws changed for 2018 to 2025.   However, even without income, you may be able to deduct your expenses, as long as you meet certain IRS guidelines. Self employment business losses can offset other income on your tax return and lower your overall tax bill.    Did you operate your appraisal business as a Schedule C business last year?
please can I speak to someone
Go to tax tools>tools>clear and start over.
When I entered my property taxes of less than ten thousand dollars, it did not decrease my tax rate like it has in previous years. Does anyone know what is going on? It is decreasing it for medical e... See more...
When I entered my property taxes of less than ten thousand dollars, it did not decrease my tax rate like it has in previous years. Does anyone know what is going on? It is decreasing it for medical expenses though.
Please see where do I correct my AGI in TurboTax Online for directions.
You can elect to deduct state and local general sales taxes instead of state and local income taxes. You can't deduct both.