I have excercised options from my employer which is privately held. I have the form 3921 and AMT calculation has to be done on my returns to determine if I need to file under AMT. How do I do that here? I cannot see any option to do the AMT calculation or enter details from 3921 in Income section. Is it under Misc?
Hi, I received a 1099-K from Paypal from selling some tickets on StubHub (several transactions totaling between ~$2k-3k). These were my personal use tickets that I ended up selling because I could no longer attend. I do not have a business doing this. The 1099-K form shows the gross amount I received and does not take into…
Freetax did not create this for my 2025 return, as it did for 2024 and years before. I asked the chatbot but just got a "cut and Paste" response exactly the same as the vague language in the Support Center "if a Schedule SE is needed Freetaxusa will automatically create one" Does anyone else have this issue? I resubmitted…
I received check for class settlement in April 2025 and got w-2 and 1099 Misc when requested in Feb 2026. Have 2 issues: Check received was for bigger amount than w-2 and 1099 Misc together, so what to report? Received 2 of W-2, one for wages from settlement fund with all boxes filled but without CA SDI in box 14 and other…
We have a long term cap gain but taxable income under $96,000 (joint return) and according to what I read there should be no cap gain tax when under $96,000. But yet the gain is being taxed with this software. Anyone else see this?
I have made small bets over the couse of the year. FANDUAL says that I won $2000. Most all of the beys were $1-$5. That $2k includes the bet amout plaus the win...ex. $1 bet pays $2, they say I won $3. Is this really the way the IRS taxes this? I know i can deduct losses if I itemize but I dont have enough deductions for…
I converted a rental to my primary residence and I'm carrying (for several years) disallowed deprecation losses. How can I get the application to add the correct forms? I expect a Schedule E with no rental activity and an 8582 for the loss carryover, but the application won't accept Schedule E input of zero days rental…
I have a 1099-patr. I don’t see a section of where to enter it.
I had a bunch of stock in 1 ETF held in a personal brokerage account that I bought at various times and various prices. I sold a large volume of it in 2025 all for 1 price. My brokerage (interactive brokers) allows me to select which lots will be used to compute the cost basis when I made the sale, but it seems that they…
I have a question. I am a teacher and I often spend a summer or a semester teaching outside the country and away from home. During the time I am away I usually rent out my house as a furnished apartment. I think when I first did this in 2009-2010, I converted from personal use to rental in summer 2009 and then from rental…
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