Tax Expert with TurboTax since 2016; Certified Public Accountant (Texas, retired) since 1998; 20+ years of tax accounting, specializing in small businesses and partnerships
In TurboTax, Schedule K-1 (1065) Box 11 Code O has a notation that the sale of QSB stock (Sec 1202 exclusion) is not provided for in the program. This means the...
We anticipate the update will include all versions of TurboTax (Online and Desktop). However, if you'd rather not wait, you have a few options.
Request an ex...
Open Form D-400 p1,2 in Forms Mode. Scroll down to Line 21(d) and right click the Taxpayer line. Choose "Data Source." You should see that this amount comes fro...
Please clarify what type of trust you are reporting. Do you need the dividends to be on the MA Schedule K-1 instead of Schedule B? Would this income also appear...
We have reviewed the diagnostic copy of your return and found Schedule F in the forms of your return. All of the necessary information was recorded, including t...
