ImAndy
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How does one enter the prepaid amount of insurance that I prepaid for 2020 in December 2019 on my Turbotax. I see on schedule "A" the line 1 pulling medical and...
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schedule 3 does show that I'm utilizing $9,977 in premium tax credits. Seems odd that if I surpass that amount of the tax credit, the incremental tax goes up si...
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at $10k conversion entered, it shows no tax owed. at $12k it shows$9,977.
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I'm running some what if scenarios and find that at $10,000 for box 1a and 2a and 2b checked with box 7 marked 7 and IRA/SEP checked, I would owe zero tax. HOWE...
Activity Feed for ImAndy
- Posted Rental Property - refunded rent exceeding current year rent and then sold on Get your taxes done using TurboTax. December 27, 2024 4:24 PM
- Posted Re: The IRS gets nothing from the insurance company except th... on Deductions & credits. March 1, 2020 2:53 PM
- Cheered Re: There is no limit on the amount you are permitted convert... for dmertz. December 27, 2019 6:19 AM
- Posted Re: There is no limit on the amount you are permitted convert... on Retirement tax questions. December 27, 2019 6:07 AM
- Posted Re: There is no limit on the amount you are permitted convert... on Retirement tax questions. December 27, 2019 6:00 AM
- Posted Re: There is no limit on the amount you are permitted convert... on Retirement tax questions. December 26, 2019 7:59 PM