JFandl
Level 2
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I have to say based on everything I've read on this, it is a bug in Turbotax. I had to enter a number less than my total loss from "other income" on schedule C....
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People who have more complex tax situations, such as MTM traders, have not fared well with TT full service, it is too complicated and most don't understand.If y...
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One comment on this - Paying Quarterly for you taxes is not always the best method. Most traders pay only the 4th quarter payment due in January because income/...
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I don't see any value in an LLC personally, maybe there is one but not for me. Going with a S-Corp can give you some advantages with healthcare benefits you can...
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I would NOT report any specific accounts anywhere, it can lock you into using only those accounts (if you ever have a challenge to your taxes) which you may cha...
Activity Feed for JFandl
- Posted Enhancement request for Day Traders on Get your taxes done using TurboTax. May 4, 2023 4:59 PM
- Posted Reporting a Bug on Schedule A (Form 8995-A) on Get your taxes done using TurboTax. May 4, 2023 4:36 PM
- Posted Re: I had the same issue, unfortunately the only way around t... on Retirement tax questions. April 16, 2023 8:27 PM
- Cheered Re: I had the same issue, unfortunately the only way around t... for frank_troy. April 16, 2023 7:42 PM
- Cheered Re: Day Trading taxes for gidnoa. March 31, 2023 1:12 PM
- Got Cheered for Re: Day Trading taxes. March 31, 2023 12:53 PM
- Posted Re: Day Trading taxes on Get your taxes done using TurboTax. March 30, 2023 8:31 AM
- Posted Re: Day Trading taxes on Get your taxes done using TurboTax. March 24, 2023 1:06 PM
- Posted Re: Day Trading taxes on Get your taxes done using TurboTax. March 24, 2023 7:21 AM
- Posted Re: Day Trading taxes on Get your taxes done using TurboTax. March 17, 2023 7:32 AM
- Posted Re: Fail to import tax form from e-trade using turbotax 2021 primier desktop on Get your taxes done using TurboTax. February 24, 2023 7:24 AM
- Cheered Re: How do I successfully import my E*trade brokerage account data in Turbotax Home & Business 2020? for timmccann. February 24, 2023 7:05 AM
- Posted Re: Fail to import tax form from e-trade using turbotax 2021 primier desktop on Get your taxes done using TurboTax. February 24, 2023 6:57 AM
- Got Cheered for Re: MTM section 475 trader - NIIT taxes are not calculated correctly with Turbo tax. June 6, 2022 7:52 AM
- Posted Re: MTM section 475 trader - NIIT taxes are not calculated correctly with Turbo tax on Deductions & credits. June 6, 2022 7:50 AM
- Posted MTM section 475 trader - NIIT taxes are not calculated correctly with Turbo tax on Deductions & credits. June 4, 2022 5:47 PM
- Posted Re: Fail to import tax form from e-trade using turbotax 2021 primier desktop on Get your taxes done using TurboTax. April 18, 2022 8:58 AM
- Posted Re: Day Trading taxes on Get your taxes done using TurboTax. August 14, 2021 9:06 AM
- Posted Re: Day Trading taxes on Get your taxes done using TurboTax. July 24, 2021 11:02 AM
- Posted Re: Day Trading taxes on Get your taxes done using TurboTax. July 23, 2021 9:03 PM