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
I have been collecting rent (and utlities) via Zelle, and reporting it
on taxes. I use TurboTax Premier. I have heard that starting Jan 2022,
that for any payment I receive over 600 it would be reported to IRS
under Income. Is there a way to corelate...read more
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