Tax Expert with TurboTax since 2016; Certified Public Accountant (Texas, retired) since 1998; 20+ years of tax accounting, specializing in small businesses and partnerships
As Mike9241 previously mentioned, interest from installment sales should be reported on Schedule K Line 5. You can enter this under Federal Taxes >> Investment ...
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In TurboTax, Schedule K-1 (1065) Box 11 Code O has a notation that the sale of QSB stock (Sec 1202 exclusion) is not provided for in the program. This means the...
We anticipate the update will include all versions of TurboTax (Online and Desktop). However, if you'd rather not wait, you have a few options.
Request an ex...
