topic I am working on a 2017 draft federal tax return. Had a sale of a rental property, but when I put it in, nothing is showing on the amount for taxes owed. Any reason why? in Investors & landlords

I am working on a 2017 draft federal tax return. Had a sale of a rental property, but when I put it in, nothing is showing on the amount for taxes owed. Any reason why?

yummysalsa — Tue, 04 Jun 2019 18:58:56 GMT

Is this feature (tax calculator) not working for capital gains yet?

There are still a lot of updates that will be coming for...

xmasbaby0 — Tue, 04 Jun 2019 18:58:57 GMT

There are still a lot of updates that will be coming for the 2017 software. Many IRS forms are not finalized; thus, TT cannot finalize those forms in the software yet. You will have to re-visit that section later.

and Congress is still working on possible tax law changes...

SweetieJean — Tue, 04 Jun 2019 18:58:59 GMT

and Congress is still working on possible tax law changes.. You cannot file your tax return until almost the end of January, so please be patient.

Thank you. I was just trying to get a "guesstimate" on m...

yummysalsa — Tue, 04 Jun 2019 18:59:00 GMT

Thank you. I was just trying to get a "guesstimate" on my taxes owed, but I am guessing I am too early to be doing so. 🙂

Have you also entered all of your other estimate income?...

TaxGuyBill — Tue, 04 Jun 2019 18:59:02 GMT

Have you also entered all of your other estimate income? It not, you need to do that before TurboTax could calculate taxes owed.