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TaxHacks

You could directly correct the 1099-R form. In forms mode, see line 5 for federal withholding and lines 12 and 13 for the state. Even if you chose to not enter the data in forms mode, you could look at the form to see what got in there during the interview.

TaxHacks

1040 tax return MLP. Line 11A is "Net Section 965(a) Inclusion Income". I have a positive $23. In the in the box 11 section, I am inclined to paste Net Section 965(a) Inclusion Income into line 5 (other), but I am not sure it should not be pasted into line 4. What do you think? I am using forms mode.

TaxHacks

Yes, making test files is useful. This time I did a save-as under a new name, and tried my method. It seemed to do the job, so I did not revert back to the earlier file I had saved. A friend was asking about the TT guarantee. I read <a rel="nofollow" target="_blank" href="https://turbotax.intuit.com/corp/license/desktop.jsp">https://turbotax.intuit.com/corp/license/desktop.jsp</a> I wonder how this sentence gets interpreted: "The Accurate Calculation Guarantee does not apply to tax forms completed in which the data is entered directly by you onto the form, rather than through the use of the in-product TurboTax interview guidance. "

TaxHacks

I did make it there once. Entered my number, but somehow it did not seem to have stuck. When I tried that path again, I did not get there. I know when I got there, there were several choices, and probably one of my clicks got me out of that path. When I did not make it, I was in the process of trying to record the path... I then gave up on trying to document the path. If somebody can describe the path, I could try that, and for sure somebody else would find that helpful.

TaxHacks

Thanks for the thought. The worksheet data is used to generate the 1040-ES forms, which are made to be mailed. I am glad it did not show the override as an Error, but I would think an override should not have been needed. It must be pretty common for people to expect withholding for next year would be different.

TaxHacks

This is a tip-- not a question. I could not find how to enter a solved description. I could find how to enter a question. Federal: In Estimated Tax Payment Options; Amount of Estimated Taxes to Pay in 2019, Override Expected withholding for 2019 (2018 actual withholding) Despite the override, the Errors check reports no errors. (There may be a way without override, but I could not find it.) Illinois: Fill in Part V line 4 column 2 of Estimated tax worksheet. In searching for how, before I came to my conclusion, I checked this similar thread. https://ttlc.intuit.com/questions/4713863-how-do-i-change-the-expected-withholding-for-2019-in-estim...

TaxHacks

For small amounts reported to you, the number goes to line 48 on form 1040. No 1116 required in many cases.

TaxHacks

Yes on suspended loss for the GP. I have 19A=701 and 19C=-396 ("Capital Account Transferred to NS"). I had a positive beginning capital account for the GP . The ending capital account was zero. So I think they carried the net capital account number over to the NS. The GP and the NS K-1s both have "AZ Exchange" on the respective ownership schedules. Negative units for the GP, and positive units for NS. Thanks.

TaxHacks

The tax package says this: ===================================== Enclosed you will find your tax package related to your investment in NuStar GP Holdings, LLC for the 2018 tax year. Effective July 20, 2018, NuStar GP Holdings, LLC merged with and into a wholly owned subsidiary of NuStar Energy LP. and ceased to be publicly traded. Under the terms of the merger agreement, each ownership unit in NuStar GP Holdings, LLC was exchanged for .55 of a common unit representing a limited partner interest in NuStar Energy L.P. Because of this merger, the enclosed Schedule K-1 will reflect a tax year ending July 19, 2018, and will be your final Schedule K-1 for NuStar GP Holdings, LLC. If you did not dispose of all of your NuStar GP Holdings, LLC units prior to the merger, you will also receive an additional separate 2018 Schedule K-1 from NuStar Energy L.P., representing your exchanged NuStar GP Holdings, LLC units.

TaxHacks

I had one with this problem for 2017 and others that carried the carryovers without having to work around.

You could directly correct the 1099-R form. In for...

K-1 1066; box 11A "Net Section 965(a) Inclusion In...

Yes, making test files is useful. This time I did ...

I did make it there once. Entered my number, but s...

Thanks for the thought. The worksheet data is use...

Here is a tip: How to change the tax withholding u...

For small amounts reported to you, the number goes...

Yes on suspended loss for the GP. I have 19A=701 a...

Nustar GP k-1 is marked final. Holders got Nustar ...

I had one with this problem for 2017 and others th...