ue1
Level 3
Member profile
- Replies
- Posts
-
Thank you,@MinhT1.I should have mentioned that my S-Corp basis (f7203) is at $0, due to an error I made in 2023 filing.Is line 5 on 1040 schedule 1 a validation...
-
@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...
Activity Feed for ue1
- Posted K-1 losses with 0 stock basis, yet still deducted from taxable W-2 earnings on 1040. How is it possible? on Deductions & credits. April 3, 2025 6:39 AM
- Posted Amending last year's (2023) form 7203 on Get your taxes done using TurboTax. April 2, 2025 12:16 PM
- Cheered Re: Deducting S-Corp losses from W--2 taxable earnings - how do I verify? for MinhT1. April 2, 2025 11:02 AM
- Cheered Re: Deducting S-Corp losses from W--2 taxable earnings - how do I verify? for MinhT1. April 2, 2025 11:01 AM
- Cheered Re: Deducting S-Corp losses from W--2 taxable earnings - how do I verify? for Mike9241. April 2, 2025 11:01 AM
- Posted Re: Deducting S-Corp losses from W--2 taxable earnings - how do I verify? on Deductions & credits. April 2, 2025 9:26 AM
- Posted Deducting S-Corp losses from W--2 taxable earnings - how do I verify? on Deductions & credits. April 2, 2025 8:27 AM
- Posted rental properties' passive losses on Investors & landlords. March 11, 2024 5:06 PM
- Posted TT2023 passive losses from prior years is incorrect on Deductions & credits. March 10, 2024 8:25 AM
- Cheered Re: Federal review expects 199A income on the K-1, but he K-1 has code V with no 199A income on it for AliciaP1. April 6, 2023 6:41 PM
- Posted Re: Federal review expects 199A income on the K-1, but he K-1 has code V with no 199A income on it on Get your taxes done using TurboTax. April 6, 2023 7:38 AM
- Posted Federal review expects 199A income on the K-1, but he K-1 has code V with no 199A income on it on Get your taxes done using TurboTax. April 4, 2023 7:56 PM
- Posted 1099-SA vs. 5498-SA - which one so I use for personal filing? on Deductions & credits. March 31, 2023 4:26 PM
- Posted "we see you have section 199A income" ?? on Investors & landlords. March 30, 2023 9:25 PM
- Posted "we see you have section 199A income" on Deductions & credits. March 30, 2023 9:22 PM
- Cheered Re: 140NR - AZ contributions exceed your std deduction of $0 for Rainman12. April 2, 2022 9:40 PM
- Posted 140NR - AZ contributions exceed your std deduction of $0 on Get your taxes done using TurboTax. April 2, 2022 6:24 PM
- Posted Re: 140NR - rental income reporting on Get your taxes done using TurboTax. April 2, 2022 2:30 PM
- Cheered Re: 140NR - rental income reporting for LeonardS. April 2, 2022 2:22 PM
- Posted 140NR - rental income reporting on Get your taxes done using TurboTax. April 2, 2022 7:23 AM