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Originally Posted by TXDM Followup note. I believe the deduction actually derives from "excess deductions" reported on a form K-1 relating to my parents' estates. The amounts that Turbotax generates are a good match for the "over two percent of AGI" , and they fluctuate slightly as I amend my income items (thus tweaking the AGI). That is my best explanation for now. Since this situation is a one-time deal, it explains why I have never had this happen before. |
Thanks for the reply. A box for sales expenses, commissions, legal charges came up when I was reporting sale of the property (which had been used for rental, and hence the sale was reported in the rental area of my 2013 tax). TurboTax asked me to enter this amount, which I did, taken verbatim from the HUD form. There are no other issues I can see, such as mixed use, since it was not my main home (I live in a different state).
This is the most likely expense I can think of which would correlate with the 'miscellaneous' which TurboTax says I have. In the end, I may just have to finish the taxes and prior to filing, note whether TTax enlightens me on the form.====>>>>>>>>>>>> I guess as you exclusively the TT software, whenever you have a tech issue, you need to contact the software vendor for accurate tech help. I am not familiar with TT software as I use Drake software for Tax pro.
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Followup note. I believe the deduction actually derives from "excess deductions" reported on a form K-1 relating to my parents' estates. The amounts that Turbotax generates are a good match for the "over two percent of AGI" , and they fluctuate slightly as I amend my income items (thus tweaking the AGI). That is my best explanation for now. Since this situation is a one-time deal, it explains why I have never had this happen before.====>>>>>>>>>OKI I got you