We received a 1099 MISC related to a legal settlement. The amount
reported in box 10 of the form represent additional earnings for a
property we sold a few years ago as well as attorney fees we incurred to
obtain the additional earnings. Had we recei...read more
I have a structured note through my financial advisor and it is showing
on Turbo Tax as self employment income but needs to be on schedule D.
How do I fix this?
I sold a vehicle last year that I used for business. When I got to the
review part of turbo tax, 2 lines on the car and truck expenses
worksheet were flagged for errors under the disposition of vehicle
section: lines 51 & 52 about depreciation allowe...read more
bre218Posted March 17, 2023
| Latest post Wednesday by
PatriciaV
It is not a new job. It is an incentive paid by the car make, just like
all the years before. It has never required an extra schedule or made me
out to be self-employed. I must be a salesman at a dealership to get
this incentive.
We do not have an "Energy efficient commercial buildings deduction"
referred to on Line 27b of Schedule C. Even though I entered 0 on that
Line, Turbo Tax says I need to attach Form 7205 which it says is not
supported by Turbo Tax. I'm trying to file...read more