If you mean Earned Income Credit:   Go to Deductions and Credits Under You and Your Family, revisit Earned Income Credit.   ... View more

You need to enter this in two different places.   The over-the-road truck tractor is actually 3-year property, and should be entered in the Vehicle Expense section. Choose Truck tractor for over-the-road use  for the type of vehicle, and make sure that you indicate that you've kept track of your business and personal mileage (I'm assuming that you didn't use the truck for personal purposes),    For the trailer, enter it as an asset, under Trailers and trailer-mounted containers. This will ensure that it's depreciated as 5 year property.   See IRS Publication 946 page 99, for the chart which shows that tractor units for over the road use are 3 year property. ... View more

I've tried this in both the Online and Desktop programs and don't have the same experience. If I first select that I have an inventory and then go back and say I don't, The change to "No" sticks. If I say I have an inventory but don't enter any numbers, nothing happens. I have no issues or error messages. If you are getting error messages about this, I'd recommend deleting the Schedule C's completely and starting them over. If you aren't getting errors, I'd just continue filing my return. ... View more

I would consider entering the amount that you would need to pay to end the lease as "Outstanding Mortgage Principal" and the date that you started paying the ground rent as the "Mortgage origination date." Your situation is not common, but if this is truly redeemable ground rent then you are entitled to deduct the payments as mortgage interest. As long as the amount needed to end the lease will not trigger the mortgage interest limitations (For mortgages over $1,000,000 up to 12/15/ 2017 and $750,000 after 12/15/2017) you should be able to use TurboTax to claim this deduction. ... View more

That is strange. Maybe you can enter zero on the other Form 4562 rather than leaving it blank? ... View more

From a foreign country, mail to:   Austin Internal Revenue Service 3651 S Interregional Hwy 35 Austin, TX 78741   or fax to: 855-203-7538 ... View more

See this Help Article for how to check the e-file status of your return.  ... View more

Yes, you would see separate Forms 4562 for each activity which produced a Section 179 carryover. Since you are using a Desktop version of TurboTax, you should be able to access the forms in your return by going to Forms mode in the upper right hand corner of your screen. ... View more

It depends on whether the rental property was available for rent in 2020. Whether or not it was actually rented.   If it was, then on the screen asking if the property was rented for all of 2020, you would either check yes, it was rented all year (if it was available for rent the entire time that you owned it) or if not, enter the number of days that the property was available for rent in 2020. You would also enter zero for the amount of rental income received in 2020. You would start depreciating the property in 2020 and claim the interest and taxes for the year on the rental Schedule E.   If the property was not available for rent in 2020, then you wouldn't enter anything in the rental section. You could claim the interest paid in 2020 as an itemized deduction (for your main residence and one other property as Home Mortgage Interest, and the real estate taxes paid at closing under Property Taxes. ... View more