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So besides Form 8949 and Schedule D, what other proof would be needed to show it was an Investment Property?  Perhaps your answer would depend on how the property was acquired?  It was inherited.  So what part of the following statement is not true --- Regarding capital gains on inherited property (and losses), you can claim a capital loss on inherited property if you sold it and all of these are true:    You sold the house in an arm’s length transaction.    You sold the house to an unrelated person.    You and your siblings didn’t use the property for personal purposes.    You and your siblings didn’t intend to convert the property to personal use before the sale. An arm’s length transaction is a transaction where the buyers and sellers have no relationship to each other. Except when handling an inheritance, related parties include:    The estate    The executor    Beneficiaries of the estate Report the sale on Form 8949, which will transfer to Schedule D. Enter your basis in the property as your share of the fair market value (FMV) of the property on your mother’s date of death.

OK, I looked at your token from March 25th. Yes, the Review showed the error message for WI Schedule I, Part II, line 1a, Col II, and asked me to enter it. I entered zero. I reran the Review and the error disappeared.   So let me confirm - are you using the Online product or the Desktop product? My test was on the Desktop product, and indeed, the only way I can see your token is using the Desktop product.    If you are using the Online product, I will have to build the test - I can do it, but it just takes longer.

Thanks, I sent a message to my payroll department. They responded: I have pushed your inquiry to ADP for verification as to where they came up with the amount for Box 11. I agree with you, I don’t see any nonqualified plans set up for you. I am not sure what ADP will do in this case. I will let you know what they say once they reply.   Guess I will wait for a reply. 

Wait how?? Please help I’m stuck on this… it only started asking me such questions when i filled out form 1095-A, and now it’s showing me all these to input state id and local id, but i haven’t made quarterly payments and i don’t understand what this priors year and all that means?? Can you tell me how you fixed it, and also do you know why this popped up, my payments are $0

Hello,   I am not sure how to interpret your reply LindaS5247. Why must I file a tax return for my child if the child's noted 1099-B documents an unearned income loss, and there is no other reason to file a tax return for the child? I'm referring to paragraph 3 which indicates a tax return is required to document the loss, but then in paragraph 4 the statement that no tax return is required when the unearned income is less than $1350.     Michael      

Are you using TurboTax Desktop or TurboTax Online?  Did you link a bank account to import expenses as mentioned above?  If using TurboTax Online, Edit your Business, then Edit your Miscellaneous Expenses to see if a category is showing with a $0 amount.   In TurboTax Desktop, go to FORMS at the top right, and 'Open Form' Schedule C to see if there are expenses listed just above Line 48 with a $0 amount.   @zadavat     

I agree I also will vote with my wallet next year too. I personally would pay more to get a product that does not generate a massive amount of extra work like this "TT feature" has for me this year. How did I come to this conclusion: 1) This issue was brought to TT attention over 2 months ago.  Throughout this period several employee responses suggested that the issue was how the customers were not clearing cache, closing sessions with the financial websites, etc. In other words, it was assumed that the customer was causing the problem before fully investigating the problem.    2) It took a customer, not an TT employee to finally disclose the fact that TT considers this time consuming issue for the customer a is by design. 3) This is the second TT issue that impacted my tax preparation. The other one was considered a feature of the product to find possible tax benefits even though it was clearly proven to be a defect in the product. In that issue TT employees also pushed back providing possible resolutions that suggested it was a customer generated problem.  In reference to this issue (Import from Financial Institution...) I REALLY, REALLY. REALLY hope that the process of deleting previously imported data was NOT 'by design", because that would be a clear indication that TT is not thinking about providing tax prep software that truly is designed with the customer in mind.

@lgarrettcordova wrote: Hello, I have federal tax deducted from Social Security.  How do I report it? You enter the federal taxes withheld when entering the Form SSA-1099   To enter Social Security benefits reported on form SSA-1099 Click on Federal Taxes (Personal using Home and Business) Click on Wages and Income (Personal Income using Home and Business) Click on I'll choose what I work on (if shown) Scroll down to Retirement Plans and Social Security On Social Security (SSA-1099, RRB-1099), click the start or update button