To enter form 1099-B for your investment income, follow these steps:   You'll enter this under the Federal Taxes tab (or Personal, if working in TurboTax Self-Employed/Home & Business), Then select Wages & Income, Then Investment Income, Then Stocks, Mutual Funds, Bonds, Other. Follow the prompts to enter the 1099-B information ... View more

You would show this distribution (which was the RMD) as inherited and put in his own IRA account.  Although you must withdraw at least a minimum amount from your Inherited IRA assets each year, RMDs are generally based on your age rather than the age of the original IRA owner ... View more

Please follow these steps to report the sale of your rental property. ( There is no "Tab" specifically for the Form 1099-S. With your return open in TurboTax, search for rentals and then select the Jump to link in the search result. Answer Yes to the question Did you have any rental or royalty income and expenses in 2019 for property you own? When you get to Is This a Rental Property or Royalty? select Rental property and fill out the description, address, and owner. When you hit Do Any of These Situations Apply to This Property? check the Sold box along with any other boxes that may apply. Continue following the onscreen prompts to enter info about your rental property. Eventually you'll get to the Review Your [Property] Rental Summary screen. You can report the sale in the Sale of Property/Depreciation section, along with any other pertinent info (like income and expenses) ... View more

You can deduct only the Ad Valorem Tax portion of the annual auto registration on your Federal Schedule A. The new Title Ad Valorem Tax (TAVT) does not appear to be deductible for Federal or Georgia purposes. In order to be deductible as a personal property tax, it must be imposed on an annual basis. ... View more

Although the rule is designed for the credits to reflect on one return and the dependent on another, Efiling both returns causes the second one to automatically reject.  The mailing option is the alternative for the second return.  It will be manually processed by IRS. ... View more

If you need your child's Social Security card, visit your local Social Security office. You also can call SSA at 1-800-772-1213 (TTY 1-800-325-0778) between 7 a.m. to 7 p.m., Monday through Friday.    If it is on a prior year's tax return and you used TurboTax to prepare your return, you can download a PDF of the prior year's return to retrieve the number. ... View more

If you return has been filed and accepted by Internal Revenue Service, no further action is necessary.   ... View more

You will not be able to file electronically with an inaccurate social security number for your daughter.   ... View more

You may use the 2019 Form 1041 to close out the estate if you opt for a fiscal year end.  The executor or trustee can opt to use a fiscal year instead. In this case, the tax year would end on the last day of the month preceding the first anniversary of the decedent's death. In most cases, Form 1041 is due to the Internal Revenue Service within four months of the close of the tax year.   The executor or personal representative of an estate must file Form 1041 when a domestic estate has gross income for the tax year of $600 or more, or when one or more of its beneficiaries are nonresident aliens. In this case, the estate would have to file a return even if it earned less than $600.   An estate or trust can use December 31 as its tax year-end date, or it can use any other month as long as that first year does not cover more than 12 months. Most estates begin their tax years on the date of death and end them on December 31 of that year,         ... View more