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@Elvin Richmond , without commenting on your  situation and the issues your are/were having with TurboTax , Pub 54 now says the following: Abode You are not considered to have a tax home in a foreign country for any period during which your abode is in the United States unless, for tax years beginning after December 31, 2017, you are serving in support of the Armed Forces of the United States in an area designated as a combat zone   Will have to try and duplicate the issue you are seeing.

In an effort to get you as many credits possible, TurboTax automatically claims any credits that it thinks you are eligible for. If you worked, but have a low income, TurboTax will claim the Canada Workers Benefit (CWB), which is a refundable tax credit for people who work, but don’t make very much. However, students are usually not eligible for this credit, so when you tell TurboTax that you have tuition, then the CWB is removed if you no longer qualify for it.  

1. Yes, this is a taxable transaction.  You're paying taxes on the increase in basis.   2. The basis for the shares going forward will be $15,000 when you sell them. 3. Yes, since your interest in the partnership has been disposed of. 4. You are required to file 7217.  You don't have to file if you receive only cash but you do have to file if you receive property or securities (or only partly cash). 5. All of your investment in the activity is at risk is correct.   @jschoomer 

Unfortunately, once you have started preparing your return with a spouse, there is no way to remove them. You would need to create a new return to prepare a return only for yourself.    To start a new return, select “Start a New Return” from under “My Returns” in the bottom left corner. Once you have started your new return, you can select “View All Returns” from under “My Returns”. Then delete the unwanted return by clicking the small Trash Can next to it or “Delete” under the return’s name.  

Well, there was no insurance reimbursement.  The truck was fully depreciated, and the individual tools were expensed at time of purchase.  I was told that for small businesses the tangible property expensing threshold is $2,500, which none of the tools exceeded, so I could expense them the year of purchase.  And if I understand you correctly, the cost basis on everything would be $0, thus no deduction.  I assumed that I would use Pub. 584-B, Business Casualty, Disaster, and Theft Loss Workbook and calculate a loss that would go on my schedule C.  I also had lost business due to lack of transportation, and I assumed that there was somewhere I could record that loss.

I'm not understanding your question. Did you originally file MFJ? When did you originally file your return?  You shouldn't file an amended return until your original return  is fully processed and you receive your refund or your balance due is deducted from your account.   Please provide more information so we may help.

You can enter both dental & medical expenses in the same place.   If you are using TurboTax Online, you can search for "Medical" on the Tax Home page.    If you are using TurboTax Desktop in EasyStep mode, you can search for "Medical Expenses Profile" using the Find tool.    If you are using TurboTax Desktop in Forms mode, you can search for " med" by clicking on the Forms icon in the blue icon bar.   

@Angry5  If you are using TurboTax Online, you can search for "Investment Expenses" on the Tax Home page. Continue to the 2nd page to enter expenses that are not interest.   If you are using TurboTax Desktop in EasyStep mode, you can search for "Carrying charges" using the Find tool.    If you are using TurboTax Desktop in Forms mode, you can search for " t1ws" by clicking on the Forms icon in the blue icon bar. Then you can enter your fees at the top of page 2, under “Line 22100 – Carrying charges, interest expenses, and other expenses”  

Thanks for your help. I was able to follow these steps. However in the last step of e-filing, it is saying that the window has been closed on 15 Oct 2024. Does this means I would need to mail these tax documents to both CO and CA Tax depts. Also do I need to submit the E-filer attachment as well to them.