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144130Questions Answered
I entered a value for "Ordinary business income (loss)", but TruboTax never asked me for "the total loss" or where it comes from on the K-1. Very frustrating!
john-hoffert ‎Posted 4 weeks ago | Latest post Monday by SJuser
Hi community, I had AABA shares and received cash liquidation reported in 2019 1099-DIV box 9. Based on the relevant threads here, this cash liquidation is partial as there will be distributions in 2nd half of 2020 and 2022. I also sold all AABA shar... read more
EclatC ‎Posted yesterday
For July 15 deadline, I'll need to pay the estimated taxes for following two quarters:First quarter: formerly due on April 15Second quarter: formerly due on June 15My question is that should I1)Fill two separate Payment Voucher forms and write two se... read more
idnwtty24 ‎Posted Friday | Latest post Friday by VolvoGirl
Hello-My California form 540 looks like it is not computing my mortgage interest adjustment correctly. I am well under the federal limit of $1,000,000. It looks like the problem is relating to the fact that my home loan that was refinanced (showing i... read more
Joanne13 ‎Posted Thursday
I have several rental properties that I have to aggregate under the QBI Safe Harbor allowance, since this is the only way for me to satisfy the record-keeping requirements as I don't spend enough time on each property by itself. However, when I do my... read more
honem ‎Posted Tuesday | Latest post 22 hours ago by honem
Hi, I've got a K1 that says none of the income flowing through to me is considered passive.* But Turbotax automatically considers it passive. How do I change that in the program? Thanks, Mike * From the K1: PLEASE NOTE THAT NONE OF THE DISTRIBUTIVE S... read more
Mike300 ‎Posted Tuesday | Latest post yesterday by DavidS127
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