abholcomb
Level 3
Member profile
- Replies
- Posts
-
Hi Bill, previous question about $10,000 tax bill on $28,000 was for my son's taxes. I reviewed his taxes today and it's $8000 SE tax, which is painful, but cor...
-
I prepared my taxes and filed them last week. Then my son needed some help with his taxes, so I logged into my TT to follow along with him as we talked on the p...
-
I have a similar problem. We are married filing jointly. I have income from my contracting business that is a partnership LLC, and my K-1 is $62,000. My wife ha...
-
Hi Amy,Thanks for your reply. I guess that makes sense, although I don't completely understand the credits. So even though I had already entered in TT that all ...
-
Hi Ernie,Thanks for your answer. I'll clarify. I didn't enter all income to the CA form,TT automatically transfers all of our information from the Federal retur...
Activity Feed for abholcomb
- Posted Re: Why is turbo tax calculating an incorrect tax amount on my return? on Get your taxes done using TurboTax. April 15, 2024 5:59 PM
- Posted Re: Why is turbo tax calculating an incorrect tax amount on my return? on Get your taxes done using TurboTax. April 15, 2024 5:55 PM
- Posted Re: Why is turbo tax calculating an incorrect tax amount on my return? on Get your taxes done using TurboTax. April 14, 2024 11:25 PM
- Posted Re: California non-resident self employment income rate on Business & farm. April 13, 2022 11:55 AM
- Cheered Re: California non-resident self employment income rate for AmyC. April 13, 2022 11:49 AM
- Cheered You cannot do a split payment in TurboTax, but you can do... for KellyH. April 11, 2022 4:33 PM
- Posted Re: California non-resident self employment income rate on Business & farm. April 11, 2022 3:30 PM
- Posted California non-resident self employment income rate on Business & farm. April 10, 2022 2:04 PM
- Posted Re: I went from a SMLLC to partnership mid-year and filed 8832. I gifted half the business and we... on Business & farm. March 14, 2022 12:15 PM
- Posted Re: I went from a SMLLC to partnership mid-year and filed 8832. I gifted half the business and we... on Business & farm. March 14, 2022 11:35 AM
- Posted Re: LLC has 2 partners 50/50 ownership beginning of the year. Distributions were $20,396 / $17,59... on Business & farm. March 13, 2022 1:44 PM
- Cheered Re: LLC has 2 partners 50/50 ownership beginning of the year. Distributions were $20,396 / $17,595. Does their basis/ownership in the LLC change at the end of the year? Does TT Business calculate the change? Will it carry over next year if I transfer info for Mike9241. March 13, 2022 1:44 PM
- Cheered Re: LLC has 2 partners 50/50 ownership beginning of the year. Distributions were $20,396 / $17,59... for ZoltanB45. March 13, 2022 1:44 PM
- Posted Re: LLC has 2 partners 50/50 ownership beginning of the year. Distributions were $20,396 / $17,595. Does their basis/ownership in the LLC change at the end of the year? Does TT Business calculate the change? Will it carry over next year if I transfer info on Business & farm. March 13, 2022 11:25 AM
- Posted I went from a SMLLC to partnership mid-year and filed 8832. I gifted half the business and went from 100% to 50%. Do I need to also make a section 754 election on the return? on Business & farm. March 13, 2022 9:52 AM
- Posted LLC has 2 partners 50/50 ownership beginning of the year. Distributions were $20,396 / $17,595. Does their basis/ownership in the LLC change at the end of the year? Does TT Business calculate the change? Will it carry over next year if I transfer info? on Business & farm. March 13, 2022 9:30 AM
- Posted Re: LLC partnership distribution on Business & farm. March 10, 2022 6:51 PM
- Cheered Re: LLC partnership distribution for MaryK4. March 10, 2022 6:51 PM
- Posted Re: Mid-year I switched from a sole proprietorship to an LLC-partnership w/ me and my spouse. Pri... on Business & farm. March 10, 2022 6:33 PM
- Posted Re: Start date for filing 1065, switched from single LLC to partnership. on Business & farm. March 10, 2022 6:26 PM