Activity Feed for Chris2
- Posted Thanks a lot. I was a little concern about the activity a... on Investors & landlords. June 6, 2019 8:04 AM
- Posted Can I buy appliances for my rental house before the house finish construction? (Tax deduction purpose) on Investors & landlords. June 6, 2019 8:04 AM
- Posted Thanks a lot for the detailed answer!! This house is unde... on Investors & landlords. June 6, 2019 7:13 AM
- Posted What is the depreciation schedule for stain concrete floor for rental property? on Investors & landlords. June 6, 2019 7:13 AM
- Posted Last year I opened a Roth IRA account and had some earning. Do I need to report that earning? I don't have other stock except Roth IRA, what version Turbotax should I use on Retirement tax questions. May 31, 2019 7:03 PM
- Posted Re: Child Credit for Newborn on Deductions & credits. January 28, 2019 11:50 AM
- Posted you Re: Child Credit for Newborn on Deductions & credits. January 25, 2019 10:20 AM
- Cheered Re: Child Credit for Newborn for BarbL. January 25, 2019 10:15 AM
- Posted Child Credit for Newborn on Deductions & credits. January 25, 2019 8:48 AM
Chris2
Level 7
Member profile
June 6, 2019
8:04 AM
Thanks a lot. I was a little concern about the activity across the year that might be confusing to explain if I get an audit in the future. Do you know if I also need to put a stain concrete floor after closing, how many years should I depreciate the floor? Thank you!!
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June 6, 2019
8:04 AM
I have a rental house under construction and will be closed in February 2018. I am thinking to take advantage of Black Friday to get some appliances for the house. If I buy these appliances now(November 17), keep them for a few months, Can I still choose to depreciate them in the future after they place in service in 2018? Please advise. Thanks!
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June 6, 2019
7:13 AM
Thanks a lot for the detailed answer!! This house is under construction and will be closed in February 2018. I am thinking to take advantage of Black Friday to get some appliances for the house. If I buy these appliances now(November 17), keep them for a few months, Can I still choose to depreciate them in the future after they place in service in 2018? Please advise. Thanks!
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June 6, 2019
7:13 AM
I am buying a house for rental property. I need to put a stain concrete floor before putting it out for rent. Please advise how many years should I depreciate the cost of this project. Thank you!
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May 31, 2019
7:03 PM
Last year I opened a Roth IRA account and had some earning. Do I need to report that earning? I don't have other stock except Roth IRA, what version Turbotax should I use? I have been using Turbotax Deluxe for the last 2 years, the only thing different this year is I opened the Roth IRA and have some earning in it. Should I still use Deluxe or Premier?
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January 28, 2019
11:50 AM
Just tell the system you stay with the child for the whole year and it will fix it. Mine works now.
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January 25, 2019
10:20 AM
Thank you so much! Haven't thought about that. When it asked me if I live with my child for 12 months, I instinctively put "NO"...He is only 1 month old! But I guess from a tax standpoint he lived with me for all year 2018...Thanks again for your help! Chris
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January 25, 2019
8:48 AM
My son was born in December 2018 (last month). I was using TurboTax to file my tax yesterday and I was expecting I will get $2000 child credit for him. But TurboTax only put $500 instead of $2000 for the credit. Am I misunderstand the tax law or if the Software did not calculate right?
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