OID Adjustment on Schedule B in TT

flyerii · Mar 22, 2024 8:28:00 AM

<P>How do I make an (negative) adjustment on Schedule B, Part I for "OID Adjustment" for portions of my OID which was non-taxable. I can't seem to figure out a way to do that in the Turbotax desktop version.</P>

tandonusatax

Returning Member

Virginia State Tax

in State tax filing

nstuhr

Returning Member

Income re-sourced by treaty, negative value for qual. dividends + longterm capital gain

in Deductions & credits

alex1907

Level 2

Can I deduct section1231 loss from Schedule K1 in a partnership that I did not materially participate in from my adjusted gross income?

in Business & farm

vanminhcao

Returning Member

i itemized deduction on federal return, need to input property tax adjustment in excess of $10,000 on Schedule CA(540) , part II, line 16

in Deductions & credits

ew19

New Member

Please help, I need to file schedule M2 with my 1120S for 2024. I have the balance at the end of tax year 2023. Where and how do I enter the 2023 accumlated adjustment?

in Business & farm

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