wrnoof
Level 3
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What really confused me was the fact the NOL is not reported in the year it is created. I kept trying to find a field to insert the prior year's NOL into the pr...
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TT and Community are two different accounts. I missed it at first, but near the top of the screen are separate logins for TT and Community. Log into Community a...
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One more item. The less-than-7-day-average-rental-period and some other tests do not determine whether the activity is passive or non-passive. Rental activity i...
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Thanks for the quick response. It's helpful. I'm confident we qualify as non-rental and material participation under the passive activity rules.
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Thanks for the common sense advice. I'll report better information next year.
Activity Feed for wrnoof
- Got Cheered for Passive loss carryover form boxes. April 14, 2024 7:44 AM
- Posted Re: Non qualified business & net operating loss on Business & farm. March 5, 2024 12:14 PM
- Posted Re: How do I find my 'messages" in my TurboTax account. My expert sent me a message and I can't find it. on Get your taxes done using TurboTax. March 5, 2024 8:48 AM
- Posted Non qualified business & net operating loss on Business & farm. March 3, 2024 1:39 PM
- Posted Re: Why does the income from our charter yacht show up as passive when we actively and materially... on Business & farm. April 1, 2023 10:27 AM
- Posted Re: Why does the income from our charter yacht show up as passive when we actively and materially... on Business & farm. March 30, 2023 4:42 PM
- Posted Why does the income from our charter yacht show up as passive when we actively and materially manage the business? on Business & farm. March 29, 2023 1:35 PM
- Got Cheered for Form K1P Addl Info 2. February 25, 2023 10:05 AM
- Got Cheered for Passive loss carryover form boxes. April 16, 2022 11:17 AM
- Got Cheered for Re: Passive loss carryover form boxes. April 12, 2022 1:06 PM
- Got Cheered for Passive loss carryover form boxes. April 12, 2022 6:48 AM
- Posted Re: How to amend 1065 with TurboTax Business PC Desktop on Business & farm. February 27, 2022 9:43 PM
- Cheered Re: How to amend 1065 with TurboTax Business PC Desktop for RobertB4444. February 27, 2022 9:40 PM
- Posted How to amend 1065 with TurboTax Business PC Desktop on Business & farm. February 25, 2022 8:08 AM
- Posted Re: Switched charter boats and business from passive to non-passive on Business & farm. February 4, 2022 1:08 PM
- Posted Re: Switched charter boats and business from passive to non-passive on Business & farm. February 2, 2022 1:10 PM
- Posted Re: Switched charter boats and business from passive to non-passive on Business & farm. February 2, 2022 11:36 AM
- Posted Re: Switched charter boats and business from passive to non-passive on Business & farm. February 2, 2022 9:56 AM
- Posted Re: Switched charter boats and business from passive to non-passive on Business & farm. February 1, 2022 3:33 PM
- Posted Switched charter boats and business from passive to non-passive on Business & farm. February 1, 2022 1:27 PM