Montyab
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I have same issue - just to be clear you believe you cannot take state and local taxes on form 8960 if you take standard deduction?Not clear from IRS instructio...
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Thanks - I will confirm that it is not taxable - IRS Pub gives an example that is helpful.Frustating that TT does not do this calculation for us.
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I am still confused by this subject.Seems 4000 of expenses can be used for Credit purposes and if there are additional expenses they should be used to reduce or...
Activity Feed for Montyab
- Posted Re: I've taken standard deduction but Tubotax is not transferring State and Local tax deduction t... on Deductions & credits. May 16, 2021 2:14 PM
- Posted Re: 1099Q - Parent is the recipient and dependent child is the beneficiary. The 1098T shows quali... on Education. April 8, 2021 3:58 PM
- Posted Re: 1099Q - Parent is the recipient and dependent child is the beneficiary. The 1098T shows quali... on Education. April 8, 2021 3:03 PM