About InvisibleCrow

Level 2

Member profile

Latest badges earned

Replies
Posts

Solved Re: Gift Tax Rate Confusion

What about the lifetime exclusion/exemption? When does that rule apply. My scenario in question has person exceeding yearly limit which I understand means they ...

InvisibleCrow

1

Updated Apr 12, 2025
Solved Re: Gift Tax Rate Confusion

I'm still not clear on the brackets shown on the blog post I referenced. Under what circumstances do those rates apply?

InvisibleCrow

Updated Apr 12, 2025
Re: Do washsale rules apply if all positioned are closed before end ...

@fanfare - Doesn't Turbotax take the fill 8949 based information one enters from 1099B which includes cost basis and sales proceeds info?

InvisibleCrow

1

Updated Dec 27, 2024
Solved Re: Tax treatment of short options that are opened and closed in dif...

Thank you. Based on those posted references, it looks like the premium is considered income (aka taxabale event) after the option position is closed or expires ...

InvisibleCrow

Updated Dec 27, 2024
Solved Re: How do I report the bargain portion of ESPP?

Ok. I'll check with employer if the discount is already reported as income in W2.On the adjustment of cost basis on 1099B; Right now it's the post discount amou...

InvisibleCrow

1

Updated Feb 19, 2022

Membership stats

Public Statistics

Date Registered	‎February 18, 2022 1:41 PM
Date Last Visited	‎April 14, 2025 1:18 PM
Total Messages Posted	11
Total Cheers Received	1

Quick links

©1997-2024 Intuit, Inc. All rights reserved.
Intuit, QuickBooks, QB, TurboTax, ProConnect, and Mint are registered trademarks of Intuit Inc. Terms and conditions, features, support, pricing, and service options subject to change without notice.

Security Certification of the TurboTax Online application has been performed by C-Level Security.

By accessing and using this page you agree to the Terms of Use.