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These are noncovered shares.  A copy of this form is being provided to the IRS, but because box 1e is blank, the cost basis is not being reported to the IRS by the payer.  The shares received a step-up in basis, so the cost basis is the date-of-death value of the shares.  Enter "Inherited" in box 1b as the Date Acquired.

I was awarded 50% of the home sale in the divorce. So does this mean that I also will be eligible for $250k deduction for capital gains? I lived in the house for 25 years, up until the house was sold post divorce.  With that said, should I be expecting a 1099 form in the mail for my portion of the proceeds from the home sale?

I've amended the return to correct form 8606 for the 2024 return. However, when getting to the end of the amendment flow in turbotax (i.e. after putting in the reason for amendment), it gave me option to correct account / routing number, as well as selecting a date for IRS to deduct the new owed amount.  I did this, but I kept getting a message saying "Account number invalid for electronic filing" Despite triple checking the number and making sure there weren't any hidden/special characters. When I hit continue, there was a screen to print forms, with step 2 saying "Send amended forms to IRS and include any relevant checks." It's not clear whether it actually e-filed the amendment or not. There is a "Check E-file status", and it says 2024 Federal amended return was accepted, however this is the second time I've amended, so it's not clear if thats referring to the first time or this most recent time.  

In TurboTax Online, the vehicle loan interest deduction may be found as follows:   Down the left side of the screen, click on Federal. Down the left side of the screen, click on Deductions and Credits. Scroll down to Cars and Other Things You Own.  Click the down arrow to the right. Click Start/Review to the right of Car Loan Interest. Information about the What is the vehicle loan interest deduction? may be found at this TurboTax Help.

For tax purposes,  "disabled" generally means that you have a condition that prevents you from doing any "substantial gainful activity".  A doctor must also  certify that such a disability is expected to last at least a year or result in death.   It focuses on ‌taxpayers  inability to work. For additional information, click here for What Are Disability Tax Credits? Click here for Video: Tax Credits for Disabled Dependents.    Click here for More information for people with disabilities.  

TurboTax Online doesn't support ‌Insolvency Form 982. The form is available on the Desktop edition in the FORMS MODE.  However: It will have to be filled out without any guidance from TurboTax. Essentially, you will be completing a blank form unassisted. If you aren't familiar with the form, we suggest securing independent, professional support

If you need to enter a 1099NEC for self employment income I saw it is now available.   How to enter income from Self Employment https://ttlc.intuit.com/community/self-employed/help/how-do-i-report-income-from-self-employment/00/26653   Or do you need to create 1099NEC to give to your contractors?   Those have been ready for awhile.  

Unreimbursed employee expenses for W-2 employees are only allowed in certain instances.  The Tax Cuts and Jobs Act of 2017 suspended the deductions for most W-2 workers.  Review the TurboTax Help Are Unreimbursed Employee Expenses Deductible? to see whether you will qualify.   If you are reporting self-employment income in TurboTax Online, you may be able to:     Deduct the actual costs of maintaining a vehicle that was used for business purposes, or  Claim a standard mileage rate times the number of business miles recorded in a contemporaneous mileage log. To record vehicle expenses against self-employment income, follow these steps.   Down the left side of the screen, click Federal. Down the left side of the screen, click Wages & Income. Click the down arrow to the right of Self-Employment income and expenses. Click to the right of Self-employment income and expenses or create your self-employment activity. Also see the TurboTax Help How do I claim vehicle expenses for my business or rental?      

It depends on where you are looking for the 1099 NEC and who's issuing it.   If you are waiting on the person or company who paid you:   They are required to issue and furnish Form 1099-NEC by January 31. This applies whether it is mailed or issued electronically.    If you are checking IRS transcripts:   The IRS typically shows 1099 income on IRS wage and income transcripts, mid-February to early March.   You may not receive a 1099-NEC at all if: Your total payments were under $600 You were paid via credit card or third-party processor You were paid as an employee (W2).    https://www.irs.gov/forms-pubs/about-form-1099-nec