As for Qualifying Dispositioned ESPP, my company does not include the discounted price in the W2. How can I add it as a compensation income in FreeTax USA?
Hello, I'm reporting the income that I received from performing jury duty, but the only option from the drop down box is “Jury duty paid to your employer “. My employer did not receive payment for my jury duty, but if I try to bypass this selection, it won't allow me to put in the amount. Please advise.
I am making an amendment to add my limited partnership income and make sure a K1 is added for our joint filing. However, I previously reported the 1099-DIV income for the same amount that had flowed to us. It looks like I can't add a negative value to offset this, but would like this to be there and transparent. How can I…
So I made $20k of other/misc income and $1500 from a W2. When I went to declare my Roth IRA contribution of $7000. It says I have $5500 of excess contributions, meaning it only counts my w2 as my only income and completely ignores my other/misc income
Hello, I sell personal items online and have gotten a 1099k this year. Most of my items are at a loss, but a few were sold for a gain. I am inputing my gains under the investments sections as instructed. I tried to input the sales as a summary and now it's asking me for a summary statement. I obviously was not issued any…
My wife and I file jointly. My wife's father, who is European, died last year and she and her sister jointly inherited some cash (from bank account) and some land in Europe. They are selling the land and her sister (who lives in Europe) will receive the money then wire transfer my wife's share to her (my wife is a…
I found a large amount of cash in 2024. I turned it in to the police and after 3 months was able to claim it. All I got was a case number (no 1099 or anything else). How do I enter this on my federal tax form? I think it is Misc Income but don't see any category for it. I know I will owe income tax on it (added to total…
I have a loan through a co-op for a piece of land that is NOT part of a business is NOT for-profit. Generally, it's just some land. My co-op sends me a 1099-PATR showing patronage dividends. I entered this in FTU as Business Income on Schedule C, as the FAQ suggested, however, the system then generates self-employment…
My father passed away and left me money, houses, & lands in different countries. The countries are Sudan & Qatar. My father has a green card. I am a U.S. citizen. My father did not set up any trust. I have 3 questions. Do I need to pay taxes on the money, houses, & lands? Do I need to report this inheritance anywhere? Last…
This is income recently discovered (Unclaimed Property) attributable to an estate closed (Estate return filed) more than 20 years ago. The interest was paid in tax year 2023, when it was discovered, but the SS# on the 1099-INT was that of the decedent. The Unclaimed Property administration in the state where it was…
It looks like you're new here. Sign in or register to get started.