@JamesG1, thanks but I still don't understand what to put as 199A income.On the K-1 entry form for 1120S Iselected V in box 17 and the info was *STMT (no amount...
While updating the AZ related rental income I also updated the relevant depreciation on lines 30 and 40.TT is now rejecting prior inputs from the federal return...
Thank you@KrisD15.I answered yes to"Did You Materially Participate in this Rental Property" in the interview questions.8582 does not allow me any Passive Activi...
Thank you@KrisD15.I am using schedule E at this time, but do not get the available deduction of up to $25,000 of losses.I do actively participate in the rentals...
Hi MaryM428,Thanks for your reply. The IRS guide for code P ... "The IRS suggests that anyone using Code P for the refund of an IRA contribution under section 4...