wells_todd
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So in this case it's based on total payout, even though I truly only profited $50 on a $100 bet so I'm taxed at $150 which means I'm being taxed on my own initi...
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When entering my Investment expense for the cost of my broker management & advisory services, Turbo tax says its not taxable at federal level but possibly in my...
Activity Feed for wells_todd
- Posted Re: Sports betting - Bet, payout, profit and taxability question on Business & farm. April 13, 2024 5:56 PM
- Posted Sports betting - Bet, payout, profit and taxability question on Business & farm. April 13, 2024 5:04 PM
- Posted Form 8949 - I used summary entry format do we need to send detailed reports from broker on Get your taxes done using TurboTax. March 25, 2022 4:33 PM
- Posted 1099-Misc - when I enter it moves it under business section in turbo tax premier as asks for business details on Get your taxes done using TurboTax. March 25, 2022 1:07 PM
- Posted No place to enter "Misc Business Expenses" under "all other expenses" section on Get your taxes done using TurboTax. March 24, 2022 4:11 PM
- Posted Cash App sent 1099-B and only shows proceeds, no cost basis. I only used cash app as a payment processor/collection service. Does this need to go under 1099B or Misc income section? on Get your taxes done using TurboTax. March 24, 2022 3:07 PM
- Got Cheered for Re: Question on deducting investment expenses, such as the cost of my investment advisor, on my 2020 Calif.... May 5, 2021 2:16 AM
- Posted Re: Question on deducting investment expenses, such as the cost of my investment advisor, on my 2020 Calif... on State tax filing. May 4, 2021 1:12 PM
- Posted What is maximum income limit for education deduction on Education. June 5, 2019 10:59 PM