rlloyd123
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No, specifically choosing itemized deductions versus standard deduction did not update the amount to the larger itemized deduction amount. I finally discarded t...
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TT correctly calculated the itemized deductions based on the statutory caps. The issue was that the final value on Schedule A did not carry through to the 1040....
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I have the same issue with Turbotax 2025 on Mac desktop. Schedule A shows an amount of $33,000 as the total that should be transferred to 1040 line 12e but the ...
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Thanks, Nexchap, for your help. I was able to find the sales proceeds calculator and ran the report. Ouch! I have some planning to do for 2023's tax return and ...
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Thanks Mike9241. Your response to my posted questions was very helpful, much appreciated and clarified some points for me. At least now I can make other financi...
Activity Feed for rlloyd123
- Posted Re: How can a standard deduction of 17500 be recommended if my itemized deductions are 28000? on Deductions & credits. Saturday
- Posted Re: Itemized deductions not carried over to 1040 lin 12e on Tax law changes. Wednesday
- Posted Re: How can a standard deduction of 17500 be recommended if my itemized deductions are 28000? on Deductions & credits. a week ago
- Posted Itemized deductions not carried over to 1040 lin 12e on Tax law changes. a week ago
- Posted Re: sale of all PTP units and tax estimating on Investors & landlords. March 28, 2023 7:06 AM
- Posted Re: sale of all PTP units and tax estimating on Investors & landlords. March 28, 2023 7:03 AM
- Posted sale of all PTP units and tax estimating on Investors & landlords. March 27, 2023 8:10 AM
- Posted Is it true that you can only deduct mortgage interest on 13 monthly mortgage payments? I was told by my mortgage company that this is a government rule. on Deductions & credits. June 6, 2019 4:27 AM