Hi@bonnie-denardisThanks for your question. In 2024, to qualify, your net income must be less than $44,325. Depending on your income and other factors, the age ...
Hi@lomo__If you incurred a capital loss in a tax year, you can use it to offset any capital gains income in the same year, lowering your total income. If, howev...
Hi@rtax9Thanks for your question.You can deduct any reasonable expenses you incur to earn rental income. The two basic types of expenses arecurrent expensesandc...
Hi@KiteraIf you have boughtTurboTax Desktop, you will be asked for the licence code when you install the software. Please see this TurboTax FAQ for more informa...
Hi@YXCThanks for your question.To enter your T5018 information inTurboTax:- Click on the “Find” icon and search for “Self”. Select “Self-Employment” and then cl...
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