I found a workaround. TurboTax Business does not provide the capability to easily enter a Schedule 5 data. My solution was to:1) Open Forms2) Click on Virginia ...
I am still stuck on this question. I have a similar situation. I have a Final K-1 with Final year deduction on 11a, which is the only number on the 1041 K-1. I ...
Thanks for the prompt response. I am using TT Desktop for Mac. The 1099R withholdings from 2023 are not appropriate for 2024 since now have a RMD and the number...
I neglected to mention that the original data was on a 1099-B from my brokerage. I found I could add the adjusted basis on the Capital Assets Sales Worksheet an...
Thanks. I find it strange that if I pay the RMD taxes in January on the RMD, I still get penalized for the entire amount at year-end if I under pay later in the...