DLPinSR
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Ugh - didn't know that. Thanks for the heads-up. We might decide that it's best to get that professional appraisal sooner rather than later.
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We did our best to determine the FMV -- looked at lots of comparable sales, picked the midpoint. There should be no taxable gain. My concern is about how to rep...
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Problem solved, and thanks for the idea of checking in Forms mode. Turned out that the interest had been entered in box 1 (which is where interest goes, usually...
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Thanks, but I guess I wasn't quite clear. Let me try again, with more detail.These savings bonds were inherited from my father. When he passed away, the interes...
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I have the same problem but it appears that Turbotax (Home & Business Mac) allows me to enter the previously reported savings bond interest as part of the norma...
Activity Feed for DLPinSR
- Got Cheered for Re: Immediate sale of inherited farmland - tax implications?. February 10, 2022 8:30 AM
- Posted Re: Immediate sale of inherited farmland - tax implications? on Business & farm. February 9, 2022 1:28 PM
- Posted Re: Immediate sale of inherited farmland - tax implications? on Business & farm. February 8, 2022 2:13 PM
- Posted Re: I need to exclude interest on savings bonds that was reported on previous year and I get an e... on Get your taxes done using TurboTax. February 3, 2022 4:28 PM
- Cheered Re: I need to exclude interest on savings bonds that was reported on previous year and I get an e... for ErnieS0. February 3, 2022 4:28 PM
- Posted Immediate sale of inherited farmland - tax implications? on Business & farm. February 2, 2022 3:52 PM
- Posted Re: I need to exclude interest on savings bonds that was reported on previous year and I get an e... on Get your taxes done using TurboTax. February 2, 2022 3:14 PM
- Posted Re: I need to exclude interest on savings bonds that was reported on previous year and I get an e... on Get your taxes done using TurboTax. February 1, 2022 7:26 PM