Hi surfer!
I suspect the issue is the entries (or missing entries) for tax exempt interest. When you enter (or import) your investment income, if there is tax ...
Hi lulukern123!
When someone gives you property, the donor's basis becomes your basis. There would be no tax to you until you sell, exchange or dispose of the ...
Yes, if you have capital losses to carry over to 2023, you will see the Federal Carryover Worksheet included in your 2022 tax return. This worksheet contains an...
Hi alexgenova14!
You're on the right track! If you see $-2,499 on Schedule D, lines 16 and 21, you can confirm that you fully deducted those losses on your 202...
Hi Domer1956!
In order for a gift to be tax deductible, the recipient must be a qualified organization as defined by the IRS. You may want to check to see if t...
