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intuit turbotax has made poor decisions in the past that have been reversed, because customers would not stand for it. Discontinuing the CD version of turbo tax will not be tolerated by many customers and it will cost turbotax more than they plan on ... read more
ANNUITY ‎Posted 3 weeks ago | Latest post Thursday by tagteam
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I've read so much that seems conflicting. Here's the scenario:Rental property - owned 35 years, rented the last 30 years.Last year we sold it. However, the last renter (successful 29 years, burned badly last year) pretty much destroyed the place. We ... read more
jeanne17 ‎Posted a week ago | Latest post Monday by tagteam
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Per IRS Instructions, a not-for-profit rental home that has not had a loss in the past 5 years is considered a "for-profit" rental. However, T Tax asks me to enter the number of days that the home was rented out at fair market value (which is 0) and ... read more
taxed24 ‎Posted 2 weeks ago | Latest post 2 weeks ago by Hal_Al
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I am disabled age 50. Most of my income is SSDI. Want to use TTax 2023 to estimate taxes due for a 2024 conversion of part or all of my standard IRA to a Roth. Confused by what to enter on a mock 1099R: Distribution code? Section B questions?Of cours... read more
John-Kristin ‎Posted 4 weeks ago | Latest post 3 weeks ago by dmertz
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When I filed taxes in 2023, I had Capital Loss Carryover of $19K ($6K for Short-Term and $16K for Long-Term) For Tax Year 2024, I have a Long-Term Capital Gain of $15K and Short-Term Capital Gain of $10, how much can I claim? Does Turbo Tax subtract ... read more
prettyspring ‎Posted 12m ago
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