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Yes, the passive loss carryover question appears during the interview for your Rental Property.   Open your TurboTax Online return and search for "schedule e" then click the "jump to" link. Select the rental property you need to work on. Scroll down to Less Common Situations and click the pencil icon beside "Carryovers, limitations..." Click on "Make Changes" to enter/edit any carryovers that appear on the page. Continue back to the property summary page. If you're using TurboTax Desktop, update the Property Profile for your Rental Property. Continue to the page "Do any of these situations apply to this property?" Check the box under Carryovers that applies. Enter your carryover amount(s) on the screens that follow. Continue back to the property summary page.  

All the Online versions are only good for 1 return.  The Desktop program you install on your computer can do multiple returns.   Did you buy the Desktop program but accidentally get into the Online version?   That happens.    If you bought the Desktop program you would need to install it and activate it with the 16 digit License Code .   Did you get a License Code?   

The question is whether or not to click the box "did the dependent live with you?" for both dependents in the additional dependent information section. When each separated parent is claiming the amount for eligible dependent for only one child each.   If you select yes for both dependents live with you despite only selecting 1 yes to claim amount for eligible dependent, the income tax return increases by about $800 and CCB benefit basically doubles

New York counts you as a full year resident if you live there for at least 184 days in the year.  Which you did.  So for New York purposes you are a full year resident.   On the upside you can take a credit for the taxes paid to New York on any income that is also taxed by your new state.  Just do the New York return first and then when you do your new state you can take a credit for the taxes paid on the income that was also taxed by New York.   @Tax223 

If the form was included in your tax file, it was e-filed with your return.   We'll automatically generate and fill out Form 8606 (Nondeductible IRAs) if you reported any of these on your tax return:   Nondeductible contributions made to a traditional IRA Distributions from a traditional, SEP, or SIMPLE IRA that had nondeductible contributions (not including rollovers, conversions, recharacterizations, qualified charitable distributions, one-time distribution to fund an HSA, or return of certain contributions) Conversions from a traditional, SEP, or SIMPLE IRA to a Roth IRA Distributions from a Roth IRA (other than rollovers, recharacterizations, or a return of certain contributions) However, you'll have to download and print Form 8606, manually fill it out (instructions), and print and file your return, if any of these three situations apply to you:   You received a distribution from an inherited traditional IRA that had nondeductible contributions. You transferred an inherited plan account to a Roth IRA. You received a distribution from an inherited Roth IRA that was not a qualified distribution. How do I find Form 8606?

What impact would not having any profit from the sale have? The house is a long-term asset in a community property state, and my husband died a year ago. Because of the 100% step-up in cost basis I should receive for the house due to his death, plus the cost of improvements we made to the house, I shouldn’t owe any capital gains taxes. Would offering owner financing interfere with getting the step-up in basis?

Do you happen to be on a Mac? This is supposed to be fixed. Have you run the latest updates?   This workaround unblocks and resets the efile status for the tax return which could be achieved.    You need to change the SSN to dummy SSN (like all zeros in ssn) and perform check efile status, then re-enter your real SSN afterward.  The steps are listed below. Steps:   Change SSN to dummy SSN (like all zeros in ssn) in personal info Go to File tab and perform efile status check -> No status will be displayed Changed SSN back to original SSN Go to File tab and perform efile status check -> Will/Should show correct status for the filing Go to file a return section and file amend return, the product will allow to file amend return now.

@kaisdeco Once a student uses their tuition amounts to reduce your own federal (and provincial) tax payable, you can choose to transfer any remaining amounts to one of the following people: Your spouse or common-law partner. Your parent or grandparent or. Your spouse's or common-law partner's parent or grandparent. The maximum you can transfer from a student's unused tuition fee is $5000 per tax year. How to Claim Unused Tuition and Education Tax Credits   In order to transfer your unused tuition credits to someone else, you'll first need to inform them of the precise amount(s) so that they can claim them on their own tax return. The first step is to enter your income information into TurboTax, then claim your tuition fees. TurboTax will then automatically calculate the maximum amount of credits you may transfer to another party. Refer to the following steps for instructions on how to transfer your unused tuition credits in TurboTax:  How do I transfer my unused tuition credits to someone else?

Bonjour @gb-lp    Quelle version du logiciel utilisez-vous? Vous demandez les formulaires impliqués alors j'assume que vous utilisez la version téléchargée en mode formulaire.   Je ne connais pas les données pertinentes alors j'assume également que la vente est réalisée à un prix plus élevé que le coût. Donc, de façon très très sommaire... Pour le 33% occupé par le locataire Le formulaire T776 (et TP-128 au Québec), pour les revenus et les dépenses de la location. Ensuite, la vente pourrait aussi, dépendement de la valeur fiscale de la portion de l'immeuble (FNACC) loué, provoquer un revenu à titre de récupération d'amortissement (toujours dans le T776). Annexe 3. Il est également possible que la vente produise un gain en capital imposable. Pour le 66% occupé par le propriétaire.  La question est de savoir si cette portion sera désignée comme résidence principale pour l'entièreté ou une partie de la période (de 2021 à 2024) de détention. Si oui. alors il faudra déclarer la vente à l'aide du formulaire T2091 (TP-274 au Québec)  afin d'exonérer le gain, en tout ou en partie (pour la période où le bien n'est pas désigné comme résidence principale).  Il pourrait en résulter un gain en capital imposable. Si non, alors il faut déclarer la vente à l'annexe 3 et y calculer le gain en capital imposable.  Bonne journée.  

A final return is required for the year the individual died.  So if someone died in 2024, and had taxable income or reporting requirements, a return would need to be filed for 2024 by April 15th or with an extension.  Death does not change the due date.