Romper
Level 6
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I'm no tax expert but it would appear Code 1 is incorrect. I would question the broker.I assume you did a hands off known as an "in-kind" transfer between the 4...
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Lesson learned. Next time take additional from the IRA to cover the tax shortfall rather than an Estimated tax payment.
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Thanks, the Estimated payment on Jan 5 is the cause of the penalty.Doing the annualized income is worse than the penalty☹️
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No, I don't know about that. My only experience recently was calling to as an "expert" how to report my NUA. I had to tell the rep.
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We're learning together, but in this case, I think you should get your money back from ChatGPT 🙂Don't worry about having entered all the other stuff in TTax. J...
Activity Feed for Romper
- Posted Re: Net Unrealized Appreciation (NUA) on Get your taxes done using TurboTax. 5 hours ago
- Posted Re: Late Payment Penalty After Paying More Than 110% Of Prior Year's Tax on Get your taxes done using TurboTax. 3 weeks ago
- Posted Re: Late Payment Penalty After Paying More Than 110% Of Prior Year's Tax on Get your taxes done using TurboTax. 3 weeks ago
- Posted Late Payment Penalty After Paying More Than 110% Of Prior Year's Tax on Get your taxes done using TurboTax. 3 weeks ago
- Posted Re: NUA Stock Sale and 3.8% NIIT on Investors & landlords. January 28, 2026 3:27 PM
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- Posted Re: NUA Stock Sale and 3.8% NIIT on Investors & landlords. January 28, 2026 12:27 PM
- Posted Re: NUA Stock Sale and 3.8% NIIT on Investors & landlords. January 28, 2026 8:56 AM
- Got Cheered for Do After Tax Contributions Carry To Inherited IRA?. January 26, 2026 10:42 PM
- Posted Re: Reporting a Stock Sale with ST & LT Gains on Get your taxes done using TurboTax. January 15, 2026 6:07 AM
- Posted Re: Reporting a Stock Sale with ST & LT Gains on Get your taxes done using TurboTax. January 14, 2026 10:18 PM
- Got Cheered for Re: NUA Stock Sale and 3.8% NIIT. January 10, 2026 8:29 PM
- Posted Re: NUA Stock Sale and 3.8% NIIT on Investors & landlords. January 10, 2026 8:13 PM
- Posted Re: NUA Stock Sale and 3.8% NIIT on Investors & landlords. January 8, 2026 2:06 PM
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- Posted Re: NUA Stock Sale and 3.8% NIIT on Investors & landlords. January 2, 2026 7:25 AM
- Posted Re: NUA Stock Sale and 3.8% NIIT on Investors & landlords. January 1, 2026 7:49 PM
- Posted Re: NUA Stock Sale and 3.8% NIIT on Investors & landlords. December 30, 2025 9:44 AM