lbeachmike
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Thanks for your response.I am not talking about oil or gas depletion. Perhaps that was in the TurboTax example.I am using 2022 Home and Business Desktop Softwar...
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Sorry for multiple replies. Here's where I am stuck -1. Pub 529 does say that "Indirect deductions of pass-through entities" are disallowed2. TurboTax has info ...
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I guess I posted too quickly - taking a quick look at IRS Publication 529, it does look like it also excludes fees from pass-through entities. I'll have to proc...
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But it is asking for precisely this information inside TurboTax, and it is populating that info in the associated form as specified. So TurboTax wasn't updated ...
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Are you absolutely positive about this? I have this for Grayscale Bitcoin Trust. Mine is also shown as a negative number. It appears that it would be entered in...
Activity Feed for lbeachmike
- Posted Re: Where do I deduct 'Proceeds Investment Expenses' that appear on my Consolidated Tax from for ... on Investors & landlords. April 12, 2023 2:44 PM
- Posted Re: Where do I deduct 'Proceeds Investment Expenses' that appear on my Consolidated Tax from for ... on Investors & landlords. April 11, 2023 7:30 PM
- Posted Re: Where do I deduct 'Proceeds Investment Expenses' that appear on my Consolidated Tax from for ... on Investors & landlords. April 11, 2023 3:40 PM
- Posted Re: Where do I deduct 'Proceeds Investment Expenses' that appear on my Consolidated Tax from for ... on Investors & landlords. April 11, 2023 3:36 PM
- Posted Re: Where do I deduct 'Proceeds Investment Expenses' that appear on my Consolidated Tax from for ... on Investors & landlords. April 10, 2023 8:11 PM
- Posted Re: I sold my rental property. How/where can I get allocation info for sales and expenses between asset and land? on Investors & landlords. April 4, 2022 8:31 PM
- Posted Re: I sold my rental property. How/where can I get allocation info for sales and expenses between asset and land? on Investors & landlords. April 4, 2022 7:21 PM
- Posted Re: If you have a copy of an appraisal, and it breaks out the... on Investors & landlords. April 3, 2022 12:48 PM