Level 10
Member profile
- Replies
- Posts
-
You must report all of your income as appropriate, regardless of whether you receive an information return, such as a 1099. If this is for a self-employment bu...
-
That box may not matter that much. But it might be the "De/" that is confusing TT. Try just the number. I suspect that even if you left box 15 out it wouldn't m...
-
You enter this like any other stock sale for which you did not receive a 1099-B, except that you include the word "worthless" in the description and December 31...
-
The 1099-INT for interest will be taxable in full. When you enter the 1099-B in the sale of assets section, you will enter your "basis" (usually the amount you...
-
@lmbrianIf only it were that simple. This is a very complex area of tax law and you would be well advised to seek professional assistance from a CPA, enrolled a...
Activity Feed for jtax
- Posted Re: What do I do if I will not receive a 1099-k form since I made less than $20,000 in income? on Retirement tax questions. Saturday
- Posted Re: Can someone help me fill out the 1099r form on Retirement tax questions. Saturday
- Posted Re: I need to take a loss on shares of a private start up company that folded. The shares are worthless now, but they did not generate a 1099. How do I take this loss? on Investors & landlords. Saturday
- Posted Re: I received a 1099INT & B from FTX Recovery Fund as proceeds from their bankruptcy. I did not receive as much as I invested in 2022. How do I avoid paying tax on my loss? on Investors & landlords. Saturday
- Posted Re: I received a lump sum from Ireland as a pension pay-out. I also have paid tax in Ireland on this lump sum. Do I also have to pay tax on it here in US? on Retirement tax questions. 3 weeks ago
- Posted Re: I've been living in PR now for 4 years and always filed via Turbo Tax. I was just made aware that this is wrong? on After you file. 3 weeks ago
- Posted Re: I received a lump sum from Ireland as a pension pay-out. I also have paid tax in Ireland on this lump sum. Do I also have to pay tax on it here in US? on Retirement tax questions. 3 weeks ago
- Got Cheered for Re: How should I file missed RMDs from an inherited IRA for 2021-2024 using TT Desktop?. 3 weeks ago
- Posted Re: How should I file missed RMDs from an inherited IRA for 2021-2024 using TT Desktop? on Retirement tax questions. 3 weeks ago
- Got Cheered for Re: How should I file missed RMDs from an inherited IRA for 2021-2024 using TT Desktop?. 3 weeks ago
- Posted Re: How should I file missed RMDs from an inherited IRA for 2021-2024 using TT Desktop? on Retirement tax questions. 3 weeks ago
- Posted Re: I have cash donations, stock donations and carryover stock donations from prior years, what is the upper limit on donation deduction as a percent of AGI? on Deductions & credits. 3 weeks ago
- Posted Re: Tax Payment Worksheet on Deductions & credits. 3 weeks ago
- Posted Re: My 2022 taxes kept getting sent back due to a foreign tax?? I couldn’t figure it out so I haven’t filed taxes since. Can anyone help? on Deductions & credits. 4 weeks ago
- Posted Re: rsa compensation, 83b, any potential tax surprises? on Investors & landlords. 4 weeks ago
- Posted Re: K-1 Passive Rental Loss does not show up on tax return for 2021. on Investors & landlords. 4 weeks ago
- Posted Re: How should I file missed RMDs from an inherited IRA for 2021-2024 using TT Desktop? on Retirement tax questions. 4 weeks ago
- Cheered Re: Do I need to file late form 1040-NR for 2024 based on 1099-INT even if I am not a US citizen, live in Canada but hold US bank accounts? I had no income in the US but earned $44.72 as interest from my bank accounts. Thank you! for Strawberry123. 4 weeks ago
- Posted Re: Do I need to file late form 1040-NR for 2024 based on 1099-INT even if I am not a US citizen, live in Canada but hold US bank accounts? I had no income in the US but earned $44.72 as interest from my bank accounts. Thank you! on Deductions & credits. 4 weeks ago
- Posted Re: Do I need to report income from sale of property inherited in Puerto Rico on my US Tax Returns? I do know how to proceed with Puerto Rico. on Deductions & credits. 4 weeks ago