intuit turbotax has made poor decisions in the past that have been
reversed, because customers would not stand for it. Discontinuing the CD
version of turbo tax will not be tolerated by many customers and it will
cost turbotax more than they plan on ...read more
ANNUITY‎Posted a month ago
| Latest post Monday by
DoninGA
I've read so much that seems conflicting. Here's the scenario:Rental
property - owned 35 years, rented the last 30 years.Last year we sold
it. However, the last renter (successful 29 years, burned badly last
year) pretty much destroyed the place. We ...read more
jeanne17‎Posted 2 weeks ago
| Latest post a week ago by
tagteam
Per IRS Instructions, a not-for-profit rental home that has not had a
loss in the past 5 years is considered a "for-profit" rental. However, T
Tax asks me to enter the number of days that the home was rented out at
fair market value (which is 0) and ...read more
taxed24‎Posted 3 weeks ago
| Latest post 2 weeks ago by
Hal_Al
TT users/experts, I got an Etrade 1099-B with accrued market discount
(box 1f) with multiple bonds maturing.I used the summary reporting
method to enter investment sales in turbo tax i.e Short Term (box A/B)
and Long Term (box D/E) IN Turbot ax, shou...read more
I am having difficulties what I should enter these information , step up
home price, Basis, etc. in TurboTax question in the home sales category.
I would appreciate your guidance.
A partnership we owned an interest in was sold creating a capital gain.
We had enough capital loss carryforward from prior years to absorb the
gain. We also had suspended losses from this partnership that were freed
up due to the full disposition of ...read more
Neiff5‎Posted 3 hours ago
| Latest post 41m ago by
Mike9241