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We sold a rental property we owned jointly in February, then my spouse died in November.  Do I get a stepped up basis on his half of the property when calculating whether there is any gain on the sale of the property?  We lived in a common law, not a community property state.   

I opened my first and to date only ROTH IRA account in March 2022 and deposited $51. The custodian gave me $100 bonus. I didn't invest any of this anywhere and in March 2023 I withdrew $154 as I figured that I was not eligible to make any ROTH IRA contributions.  I did not report excess contribution/withdrawal/earning from excess in 2022 returns. I received 1099-R for 2023 year  with only code J in box 7 and showing distribution of $154 in box 1 and taxable amount not determined ticked.  All other boxes are empty.  I did not do anything about it in my 2023 returns. I am now amending my 2022 returns.  I am able to get 5329 to show $103 as earning from $51 contributed. It doesn't show any penalty because I withdrew it before the deadline.  1040 4b shows interest income of $103 and $154 shown in 4a. Turbo tax isn't showing any form 8086 What should I do for my 2023 returns. Just ignore 1099? @DanaB27 

Join us on Wednesday, April 8th any time between 9:00 am and 5:00 pm Pacific Time for our latest installment of our Ask the Experts event series. The tax filing deadline is quickly approaching. But don’t worry, our Experts are here to help you get to the finish line! Join us with all your last-minute filing questions and we’ll help you take this yearly duty off of your to-do list!      Come spend a minute, an hour, or the whole day in the TurboTax Community forums. We'll have Tax and Financial Experts live - waiting to give you tax or personal finance advice for free! There’s no limit on how many questions you can ask—we’re up for the challenge and ready to answer things like:   Do I need to file an extension? Why is my refund less than last year? Help! I can’t pay my balance due. I’m missing a tax document, now what? Why do I have a penalty if I’m filing on time? What if I miss something in my rush to finish?   How The Day will work:   On April 8th, we will post a link on this page to access the Special Event Forum. Tax and finance experts will be online and ready to tackle your tough questions and engage in real-time conversation with you. Just sign in to the TurboTax Community, and select the teal Ask a Question button at the top of our special event forum to start a conversation! If it is after 9 am Pacific Time on April 8th, and you don't see the event link yet, just refresh this page and it will appear.    Already RSVP’d?   In the meantime, check out our refund calculator by clicking here and signing in to calculate your tax outcome in just a few minutes or less.   Millions of customers come to the TurboTax Community every month—we hope that you’ll join us for this special event on April 8th.

Join us on Wednesday, Mar 18th any time between 9:00 am and 5:00 pm Pacific Time for our latest installment of our Ask the Experts event series. Owning a business (and yes, that includes a for-profit side gig) comes with plenty of questions on what you can and can’t deduct. Our Experts will answer all your business tax questions and eliminate the guesswork around qualifying expenses!      Come spend a minute, an hour, or the whole day in the TurboTax Community forums. We'll have Tax and Financial Experts live - waiting to give you tax or personal finance advice for free! There’s no limit on how many questions you can ask—we’re up for the challenge and ready to answer things like:   Why did I get both a 1099-K and 1099-NEC? How do I maximize my vehicle deductions? Do I qualify to take a home office deduction? What special tax breaks do drivers get? (Uber, Lyft, Door Dash) How do I know if an expense can be deducted? What are self-employment taxes & why do I owe them?   How The Day will work:   On March 18th, we will post a link on this page to access the Special Event Forum. Tax and finance experts will be online and ready to tackle your tough questions and engage in real-time conversation with you. Just sign in to the TurboTax Community, and select the teal Ask a Question button at the top of our special event forum to start a conversation! If it is after 9 am Pacific Time on March 18th, and you don't see the event link yet, just refresh this page and it will appear.    Already RSVP’d?   In the meantime, check out our refund calculator by clicking here and signing in to calculate your tax outcome in just a few minutes or less.   Millions of customers come to the TurboTax Community every month—we hope that you’ll join us for this special event on March 18th.

Join us on Wednesday, Feb 18th any time between 9:00 am and 5:00 pm Pacific Time for our latest installment of our Ask the Experts event series. There’s nothing worse than missing a great tax deduction. Come with all your questions and our Experts will ensure you get the answers you need to maximize your deductions!      Come spend a minute, an hour, or the whole day in the TurboTax Community forums. We'll have Tax and Financial Experts live - waiting to give you tax or personal finance advice for free! There’s no limit on how many questions you can ask—we’re up for the challenge and ready to answer things like:   Which is better- itemizing or the standard deduction? How do charitable donations work? How do I qualify for the Earned Income Credit? I’m separated - who qualifies to claim our child? When do medical expenses help my tax outcome? How can I be sure I didn’t miss a tax deduction or credit? What types of taxes and interest can I deduct?   How The Day will work:   On February 18th, we will post a link on this page to access the Special Event Forum. Tax and finance experts will be online and ready to tackle your tough questions and engage in real-time conversation with you. Just sign in to the TurboTax Community, and select the teal Ask a Question button at the top of our special event forum to start a conversation! If it is after 9 am Pacific Time on February 18th, and you don't see the event link yet, just refresh this page and it will appear.    Already RSVP’d?   In the meantime, check out our refund calculator by clicking here and signing in to calculate your tax outcome in just a few minutes or less.   Millions of customers come to the TurboTax Community every month—we hope that you’ll join us for this special event on February 18th.

Thank you for coming to Ask the Experts Day – the event has now concluded View the library of questions and answers from the Tax Law Changes - One Big Beautiful Bill (OBBBA) event     On behalf of the Experts participating, I would like to thank you for joining us.  We hope you will return to the forums to share your experiences, both good and bad.   We will be hosting more Ask the Experts events in the months to come.  We hope to see you then!   If you still have questions to ask, feel free to post them on the Community – we always have experts on the Community ready to help you out.   -------------------------------------   Join us on Wednesday, Jan 14th any time between 9:00 am and 5:00 pm Pacific Time for our latest installment of our Ask the Experts event series. There are major changes in the tax laws that will affect your tax outcome. Join us to get the clarification you need to confidently file your tax return, and make sure you don’t miss any tax benefits you qualify to take!      Come spend a minute, an hour, or the whole day in the TurboTax Community forums. We'll have Tax and Financial Experts live - waiting to give you tax or personal finance advice for free! There’s no limit on how many questions you can ask—we’re up for the challenge and ready to answer things like:   How can I make sure I maximize the new tax breaks? What changes were made to the Child Tax Credit? How does the “no tax on overtime” work? I get tips - do I qualify for a deduction for those? How does the new $6,000 senior deduction work? Will the new SALT limit increase help my tax situation? I bought a car - do I qualify for the interest deduction?   How The Day will work:   On January 14th, we will post a link on this page to access the Special Event Forum. Tax and finance experts will be online and ready to tackle your tough questions and engage in real-time conversation with you. Just sign in to the TurboTax Community, and select the teal Ask a Question button at the top of our special event forum to start a conversation! If it is after 9 am Pacific Time on January 14th, and you don't see the event link yet, just refresh this page and it will appear.    Already RSVP’d?   In the meantime, check out our refund calculator by clicking here and signing in to calculate your tax outcome in just a few minutes or less.   Millions of customers come to the TurboTax Community every month—we hope that you’ll join us for this special event on January 14th.     ***Stay tuned for future events on the TurboTax Community!***