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
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
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
taxanautPosted yesterday
| Latest post 11 hours ago by
taxanaut
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
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
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