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157480Questions Answered
My wife and I didn't receive stimulus payments, as our AGI was above the limit. However, TT's RRC worksheet calculated that we could take a credit on our return, based on the following entries in the worksheet:Line 7 = $2400Line 10 = $1200Line 11 = [... read more
beisbol ‎Posted a month ago | Latest post Tuesday by VolvoGirl
Trying to complete my taxes and can't because TurboTax decided to close out state efile as of Oct 15 2021, instead of Oct 16 2021. Awesome!!!
patelug ‎Posted 17 hours ago | Latest post an hour ago by Mike9241
I need help choosing what asset type to choose from the new list in 2020. There are 23 options where there used to be 2. None of them are for a home office. I think it could be "H-Land Improvement" , "I-Residential Rental Real Estate" or "J5-Qualifie... read more
graphicsinbloom- ‎Posted Tuesday | Latest post 36m ago by Hweb
Hello TurboTax users! Did you know that Ask the Experts Day is coming up on September 30, 2021 from 9am to 5pm Pacific Time? This time we’ll be answering all of your refund questions like, What are the implications of changing jobs? How will my new r... read more
Community Manager ‎Posted 2 weeks ago
I have looked in the community site, and cannot find this example. I bought 400 shares of a REIT in 2011 for $25,000. In 2020, this REIT was sold for $35,477.21. My 1099-B lists the date acquired as 2018, this is when my new financial advisor took ov... read more
I lovetheIRS ‎Posted 4 weeks ago | Latest post Saturday by I lovetheIRS
10+ years on ttax. When I go to enter the rental and royalty info in the income tab, ttax always has the same question and doesn't remember the answer, "Are you a real estate professional?" Does anyone else observe this? Any recommended workarounds? ... read more
taxanaut ‎Posted 22m ago
my 1099 NEC has my income in box 7 STATE INCOME instead of BOX 1 and it is not being counted as income so I'm showing a loss instead of profit. Am i doing something wrong?
Lpadilla509 ‎Posted 29m ago
I paid down principal to get below $750K.I file M filing separate, split interest deduction with spouse (50/50)
jimc-RS ‎Posted 42m ago
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