It is looking for dollars not percentage. Enter the dollar value. ... View more

Do not check the box unless you are sharing the interest with someone else. As long as the total interest from the forms is reported on sch A, then the IRS will have a match when they add the forms and compare. ... View more

MN residential homestead is 1a. ... View more

Yes, see About Publication 225, Farmer's Tax Guide page 19.   You may like Agriculture Tax Center which is part of the Small Business and Self-Employed Center. You can sign up for newsletters, watch videos, and get help. ... View more

The loan that was refinanced, the 3rd refinance, was originally for how much money and on what date is what you should use. Then the 4th one, is the 2020 date and amount. ... View more

Pretend you have it in your hands. The IRS knows about the 1098 rules for issuing a form.   Go to federal, deductions and credits, select Mortgage Interest, enter the lender, select none of the above as if you have a 1098, enter the information in the boxes.   You will see a What if I don't have my 1098? link on the screen where you fill in the information. ... View more

For stuck information follow these steps: Delete the form, see How to Delete  Log out of your return Try one or more of the following: Don't use Internet Explorer. Clear cache  and  cookies , Sign in using a different browser. Sign in using a different device. Log back into your return. Enter the form again. ... View more

The depreciable basis is the lower of FMV at conversion or your basis of purchase plus improvements. When the program asks for your basis, you input the improvements as part of your basis. ... View more

The 1040x is the amended tax return for the original 1040 filed. It shows your original numbers in column A, the changes in B, and the corrected numbers in column C. See About Form 1040-X, Amended U.S. Individual Income Tax Return   Follow the directions: how to file an amended return. I need to amend my state return.   You can fill this form out  for someone to call you. Wait until next Wednesday as you will not get help before then due to the filing deadline for this year. ... View more

As long as the mortgage interest on your sch A is correct, that is what goes to the IRS. The IRS receives a copy of your year end balances. No worries. File!! ... View more