rajamony
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I think I figured this out, will be great if someone can confirm validity.In the Quickzoom, enter thesection 988 gain NOT in "Other nonpassive income (loss) to ...
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Thank you@PatriciaV. There are a few issues with entering the section 988 gain in Schedule 1, which is provided in my K-1 box 11 with code ZZ.TT first reports a...
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Thank you for the answer. My K-3 has an amount in column f. Here are the particulars better organized for readability:Using Turbotax Premier, filing 1040, tax y...
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Can someone knowledgeable answer this please?
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Thanks to everyone who answered on this post!As I go through filing taxes, I am discovering something strange - the loss on the property sale appears to be offs...
Activity Feed for rajamony
- Posted Re: Section 988 Income from k-1 on Get your taxes done using TurboTax. September 27, 2025 8:47 AM
- Cheered Re: Section 988 Income from k-1 for PatriciaV. September 27, 2025 8:24 AM
- Posted Re: Section 988 Income from k-1 on Get your taxes done using TurboTax. September 27, 2025 7:58 AM
- Cheered Section 988 Income from k-1 for MAC18. September 27, 2025 7:54 AM
- Posted Re: Schedule K-3 with US as the foreign country on Get your taxes done using TurboTax. September 27, 2025 6:21 AM
- Posted Re: Schedule K-3 with US as the foreign country on Get your taxes done using TurboTax. September 25, 2025 6:51 PM
- Posted Schedule K-3 with US as the foreign country on Get your taxes done using TurboTax. September 18, 2025 6:16 PM
- Posted Re: Desktop Turbotax Form 4562 shows zero in prior depreciation on Investors & landlords. October 12, 2023 8:15 PM
- Cheered Re: Desktop Turbotax Form 4562 shows zero in prior depreciation for VolvoGirl. October 10, 2023 7:47 PM
- Cheered Re: Desktop Turbotax Form 4562 shows zero in prior depreciation for AmeliesUncle. October 10, 2023 7:47 PM
- Posted Re: Desktop Turbotax Form 4562 shows zero in prior depreciation on Investors & landlords. October 10, 2023 5:45 PM
- Posted Re: Desktop Turbotax Form 4562 shows zero in prior depreciation on Investors & landlords. October 9, 2023 9:01 PM
- Posted Re: Desktop Turbotax Form 4562 shows zero in prior depreciation on Investors & landlords. October 9, 2023 9:51 AM
- Posted Desktop Turbotax Form 4562 shows zero in prior depreciation on Investors & landlords. October 8, 2023 6:46 PM