csaba_mate
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Carl, thank you. You're absolutely right - it's the question about % of time used for business that was ambiguous and when I finally entered 100% of the propert...
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I just changed the in-service date to 10/15/21 and it reduced my cost basis to $35K - there is clearly a glitch in Turbotax's code. People without any tax knowl...
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Cynthia, I'm on the phone with tech support. No - this is a condo property thus no portion of the cost basis is allocated to land and the confirmed tax basis pe...
Activity Feed for csaba_mate
- Posted Re: Why does Turbotax calculate a lower property cost basis on form 4562 than I entered? on Deductions & credits. March 7, 2022 1:32 PM
- Posted Re: Why does Turbotax calculate a lower property cost basis on form 4562 than I entered? on Deductions & credits. March 7, 2022 8:16 AM
- Posted Re: Why does Turbotax calculate a lower property cost basis on form 4562 than I entered? on Deductions & credits. March 7, 2022 7:32 AM
- Posted Why does Turbotax calculate a lower property cost basis on form 4562 than I entered? on Deductions & credits. March 6, 2022 5:56 PM