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
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
beisbolPosted Friday
| Latest post 14 hours ago by
sabe999
I'm trying to do taxes for a parent who has started to suffer from
dementia, who has a rental property where the tenant was paying in cash.
I found out the tenant has been taking advantage of this situation as I
couldn't find any record of recent pay...read more
Omar80Posted 4 hours ago
| Latest post 3 hours ago by
macuser_22
Hi all. I sold a rental and entered all the information and clicked sold
rental property. I didn't see a form 4797 and on my schedule 1, line 4
is empty. After much googling I'm still confused. Where do I put the
sales price of the rental? Because ri...read more
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