thecraigs4
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Thank you. The amount of the refund will make the real estate tax expense into a negative balance for the year. How would TurboTax handle a negative expense ent...
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Thanks. The limitation of my business expenses is based on the portion that I already prorated to business. My personal expenses were already segregated from th...
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Also, can nonpassive losses to be carried forward or are expenses only allowed up to the nonpassive rental income amount in the current year? I really need help...
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In TurboTax, I have to mark Actively Participating to make it a nonpassive income due to staying there more than 14 days and greater than 10% of the rental days...
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I read that if I lived there more than 14 days or greater than 10% of the rented days, it is considered to be renting a residence/home/dwelling and that means i...
Activity Feed for thecraigs4
- Posted Federal Adjustments for Arizona Form 140NR on Get your taxes done using TurboTax. February 12, 2025 1:46 PM
- Cheered Re: Refund of real estate taxes on related to Schedule E vacation rental property for ThomasM125. February 10, 2025 3:49 PM
- Posted Re: Refund of real estate taxes on related to Schedule E vacation rental property on Get your taxes done using TurboTax. February 10, 2025 3:48 PM
- Posted Refund of real estate taxes on related to Schedule E vacation rental property on Get your taxes done using TurboTax. February 10, 2025 2:44 PM
- Posted Re: Vacation Home Rental with personal days making income nonpassive on Get your taxes done using TurboTax. February 27, 2022 2:39 PM
- Posted Re: Vacation Home Rental with personal days making income nonpassive on Get your taxes done using TurboTax. January 31, 2022 9:31 PM
- Posted Re: Vacation Home Rental with personal days making income nonpassive on Get your taxes done using TurboTax. January 31, 2022 8:26 PM
- Cheered Re: Vacation Home Rental with personal days making income nonpassive for MarilynG1. January 31, 2022 8:22 PM
- Posted Re: Vacation Home Rental with personal days stayed there on Investors & landlords. January 31, 2022 5:56 PM
- Posted Re: Vacation Home Rental with personal days stayed there on Investors & landlords. January 31, 2022 5:44 PM
- Posted Vacation Home Rental with personal days making income nonpassive on Get your taxes done using TurboTax. January 31, 2022 5:06 PM
- Posted Re: Vacation Home Rental with personal days stayed there on Investors & landlords. January 31, 2022 4:59 PM
- Posted Re: Form 1310 Refund for a deceased taxpayer on Get your taxes done using TurboTax. March 8, 2021 8:54 AM
- Posted Live in Illinoisand paid Illinois property tax. Work in Missouri. is property tax an addition to missouri income? on Deductions & credits. June 4, 2019 3:53 PM