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Regarding Box 13, Code AE on my K-1 from a partnership
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As far as I know, Code AE portfolio deductions are suspended at the federal level under the Tax Cuts and Jobs Act. However, when I entered $1,913 for Code AE in TurboTax, my federal refund increased by approximately $350.I am a California resident. While I understand California does not fully confor...
Trump Account election rejected for wrong DOB, now IRS says an election ...
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I submitted a Trump Account election for my daughter (born in 2025) and accidentally entered the wrong date of birth. A few weeks later I received IRS Notice CP318 stating that the election could not be processed because the date of birth didn't match Social Security Administration records.After rec...
IRS wanting more forms | Community
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Received a letter (LTR 12C) from IRS asking for certain pages of a 1040SR form, amounts and date of all estimated tax payments, supporting documents verifying income and withholding and a copy of the letter. They said I could mail, fax or upload through IRS..I have all of the documents ready t...