rabird
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That's not what the 1040 shows!!! So TT for '22 will know the correct amount to apply to '22 taxes?
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"A trust does not issue K-1s if it retains income/gain, pays any taxes due, and does not make distributions."the OP wants to distribute all proceeds (assets/gai...
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Trust files 1041 which includes k-1s to show income/interest/div/gains etc distributed to Trust owners.
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I don't care to pay $842 and have my applied to 2022 reduced, that is what is happening.
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well it looks like TT has a $842 refund and then I pay $842this would be zero additional tax with a reduction in refund applied to next year.I tried to back eve...
Activity Feed for rabird
- Posted Does TT Business create a schedule F, D or E? on Business & farm. December 28, 2024 9:47 PM
- Posted Re: double tax with amended return on After you file. April 16, 2022 2:24 PM
- Posted double tax with amended return on After you file. April 15, 2022 8:42 AM
- Posted Re: Irrevocable Trust Tax return on Get your taxes done using TurboTax. March 21, 2022 8:04 AM
- Posted Re: Irrevocable Trust Tax return on Get your taxes done using TurboTax. March 20, 2022 7:23 PM
- Cheered Re: Healthcare increases tax owed for SDun12. March 20, 2022 7:09 PM
- Cheered Re: I have the correct login for charles schwab, but it Turbotax says its not working. Can't down... for HeatherPLO. March 20, 2022 7:07 PM
- Posted Re: double tax on amended return with TT on After you file. March 17, 2022 9:08 AM
- Posted Re: double tax on amended return with TT on After you file. March 15, 2022 8:01 PM
- Posted double tax on amended return with TT on After you file. March 15, 2022 4:10 PM