Can you clarify why property taxes on an investment property would be considered personal expenses and deducted only on Schedule A? I would assume property taxe...
I'm not aware of any obligation to use either the FEIE or the Foreign Tax Credit. Given your situation with 4 kids, using the FEIE automatically disqualifies yo...
I think I figured it out. It appears the entire point of in the screenshot provided is just to determine the amount to be allocated toward the land value. Why d...
So if I've owned a house for 20 years and made multiple improvements over that time, I have to separately depreciate them all when I decide to turn it into a re...
Ok, so my original question was 4 months ago. I can't recall exactly what Turbo Tax was doing that was frustrating me, but I do remember that there didn't seem ...