Hi,@GEAtreasurer.Thanks for the question.
Starting at the end, because it's the easiest answer, yes, both the IRS and CT DRS will levy an underpayment penalty ...
Hi,@DL62.
You are allowed to claim $3,000 of capital losses against ordinary income. If you have a capital gain, the losses will offset that first. TurboTax wi...
Hi,@bencundiff.
This is not a dumb question at all. Capital losses are not at all straightforward.
First, we need to make sure you are aware that you can only...
Hi,@hunterdoh. Assuming you didn't take more out of the 529 than your daughter received in scholarships, the information you have received is correct.Yes, Turbo...
Hi, again, Lilypad101.
If you have your mother's TurboTax credentials, you can use her account to file. Otherwise, you'll need to start from scratch.
Unfortun...
