jp27300
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Thanks. I understand that part.Perhaps I'm not being clear. Prior, to answering that question $4200 "does this match the amount on letter 6475?" The owed tax wa...
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Sry that wasn't clear. Yes we received the $4200. The tax owed then shot up by $4200. Perhaps what may have happened, was that prior to answering that question,...
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Ok thanks. I think it is a section1250. but where in Turbo tax can I find where it is calculating the recapture tax?
Activity Feed for jp27300
- Posted Re: Got 3rd stimulus payment to us for a total of $4200. Says the 3rd stimulus wont affect taxes ... on Get your taxes done using TurboTax. February 25, 2022 2:37 PM
- Posted Re: Got 3rd stimulus payment to us for a total of $4200. Says the 3rd stimulus wont affect taxes ... on Get your taxes done using TurboTax. February 25, 2022 12:53 PM
- Posted Got 3rd stimulus payment to us for a total of $4200. Says the 3rd stimulus wont affect taxes and you dont have to pay it back. TT increased my taxes owed $4200? why? on Get your taxes done using TurboTax. February 25, 2022 11:50 AM
- Posted Re: Where is the calculation for the depreciation deduction recapture, for the sale of a rental p... on Investors & landlords. February 8, 2022 9:50 AM
- Posted Where is the calculation for the depreciation deduction recapture, for the sale of a rental property? I input all that information. what is a Sectio 179 recapture? on Investors & landlords. February 8, 2022 9:10 AM