ph451
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make sure you enter the Adjustment as a negative
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when entering the 1099-M send the income to 1040-line 8. adjustment is a negative amt on sch1 line 8.That zeros out the 1099M income. There is no change to the ...
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CA-MCTR is non taxable. 1099 Misc reports income (send to 1040 Line8).ADJUST ON SCH 1 line 8 as a negative amt with description CA-MCTR
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the revenue (1099-M) and adjustment (Sch1 line 😎 will zero out on line8 Sch 1. This will not affect the bottom line refund. All you are doing is reversing the ...
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Wrong - MCTR is non-taxable for Federal
Activity Feed for ph451
- Posted Re: Are State Stimulus payments taxable on the Federal return? on Get your taxes done using TurboTax. February 2, 2023 6:04 PM
- Posted Re: Are State Stimulus payments taxable on the Federal return? on Get your taxes done using TurboTax. February 2, 2023 6:03 PM
- Posted Re: Are State Stimulus payments taxable on the Federal return? on Get your taxes done using TurboTax. February 2, 2023 5:58 PM
- Posted Re: Are State Stimulus payments taxable on the Federal return? on Get your taxes done using TurboTax. February 2, 2023 5:53 PM
- Posted Re:Wrong -- MCTR is non-taxable for Federal and California on Get your taxes done using TurboTax. January 25, 2023 2:48 PM
- Posted Re: Are State Stimulus payments taxable on the Federal return? on Get your taxes done using TurboTax. January 24, 2023 10:12 PM
- Posted Re: Are State Stimulus payments taxable on the Federal return? on Get your taxes done using TurboTax. January 18, 2023 9:28 AM
- Posted Re: Are State Stimulus payments taxable on the Federal return? on Get your taxes done using TurboTax. March 9, 2022 10:08 PM
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- Posted Re: Are State Stimulus payments taxable on the Federal return? on Get your taxes done using TurboTax. January 9, 2022 6:03 PM
- Posted Re: Are State Stimulus payments taxable on the Federal return? on Get your taxes done using TurboTax. January 9, 2022 5:55 PM
- Posted Re: Are State Stimulus payments taxable on the Federal return? on Get your taxes done using TurboTax. January 9, 2022 3:50 PM
- Posted Re: Are State Stimulus payments taxable on the Federal return? on Get your taxes done using TurboTax. January 9, 2022 2:23 AM
- Posted Are State Stimulus payments taxable on the Federal return? on Get your taxes done using TurboTax. January 9, 2022 12:35 AM