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Thanks for your fast response, SusanY1!   Yes, I did make the adjustment to cost basis by checking "basis is incorrect or missing" and then put in the correctly calculated basis as average of four high low prices on both Friday before death Saturday and Monday after Saturday of death.   If I leave the acquisition date in TurboTax and on my return as the one shown on 1099B as the Friday before the death on Saturday, of course it will match up with the Broker 1099B and with the IRS database since as a covered security it is being reported to IRS, so it won't be flagged as not matching.  I do understand that one day won't make any difference in this case as to long term or short term, I just thought that there was a rule that "inherited" was required if indeed it was an inherited stock.  Am I wrong about that? 

I had the same issue using 2024 Home and Business Desktop. Just received a letter RE: error on the Tax on Social Security Benefits area of the return. Return was accepted March 4, 2025. Received a letter today. How can I fix this in Turco Tax so next year's figures are correct, and why did it not calculate properly? 

I filed my Indiana state tax return and they said they were unable to verify this and only sent me a portion of my expected refund.  In the DOR Bulletin #28, I do not see anything specifically addressing where the employer needs to be based.  It only states that you have to work in IN for less than 30 days.  You can ask the DOR for the code that states that you must be employed by an employer based in IN.  If they provide that to you, then you have your answer.   If they cannot, then you can appeal the decision as long as you do it within 60 days.  If you do appeal, then be prepared to PROVE that you worked less than 30 days in IN.  A letter from the employer could help. 

This experience has been investigated. Here are the steps to report the IDC adjustment on your California return.   Go to Income that California handles differently >> Partnership K-1. Edit the K-1 that has IDC. Enter a zero on Lines 13d and 17f. Continue back to the California return summary page.   [edited 4/15/25 | 12:54 pm PDT]

To find your property ID number, also known as a parcel number or tax ID, check your property tax bill, deed, or visit your local county assessor's office or website.    Some places you can find your property ID number are:   Check Your Property Tax Bill or Assessment Notice: This is often the easiest place to find the property ID number.    Review Your Property Deed: The deed may also contain the property ID number.    Visit Your Local County Assessor's Office or Website: If you can't find it on your tax bill or deed, contact your local county assessor's office or check their website.    Search Online Databases: Some counties have online databases where you can search for property information using the property address or owner's name.    Contact Your County's Tax Assessor's Office: They can assist you in locating your property tax identification number.     

You can claim the interest deduction, if you meet the three requirements: You paid the interest You are legally obligated to pay it (co-signing counts) The student was your dependent, at the time the loan was used to pay for qualified educational expenses (the TT pop up says “when you took out the loan”)

You can deduct costs of selling your home such as escrow fees, legal fees, real estate agent commissions, advertising costs, and even home staging fees. But you can’t deduct these costs in the same way ‌ you would deduct your mortgage interest (as an itemized deduction). You would subtract the costs from the sales price of your home, which lowers any capital gains that you may have.   Taxpayers who are selling their home may qualify to exclude all or part of any gain from the sale from their income when filing their tax return.   If you paid any property taxes, you can deduct the amount you paid for the time you owned your home. You can also deduct the interest on your mortgage for the portion of the year you owned your home. You will deduct these as itemized deductions.   You can enter your sale of home information into TurboTax as follows: Click on the search icon in the upper right of your TurboTax screen Type "sale of home" in the search box Click on the link "Jump to sale of home" Follow the TurboTax screens and answer any follow-up questions regarding your sale   Your TurboTax screen will look something like this:                   Click here for Publication 523, Selling Your Home   Click here for Tax Aspects of Home Ownership: Selling a Home  

Got it thanks, to clarify, if I rent for 4 months, then personal usage for 1 year and rent for another 4 months, the depreciation will restart to accumulate for my 2nd rental, as it should not include my personal use between 2 rentals? let me know if I understand correctly.