"The $800 earnings will be taxable plus 10% penalty if you are under age 59-1/2."Almost certainly not. There will likely be no penalty because the distribution ...
TurboTax automatically calculates any needed passive loss limitations and handles any resulting carryovers, so just enter the Schedule K-1 as received. Line D o...
Because no 2024 tax return or request for extension was filed by April 15, 2025, the deadline to obtain a return of contribution before the due date of the tax ...
The IRS status page indicates that they are about 2 months behind on processing paper Forms 1040, so it's unlikely to be processed before September:https://www....
Sign In
Canada (English)
EN
