Follow this detailed walkthrough of how to report a Roth conversion in FreeTaxUSA after recharacterizing a Roth IRA contribution in the same year.
Split-Year Backdoor Roth IRA in FreeTaxUSA, Year 2
Follow this detailed walkthrough of how to report in FreeTaxUSA recharacterizing and converting backdoor Roth contributions from the previous year.
Split-Year Backdoor Roth IRA in FreeTaxUSA, Year 1
Follow this detailed walkthrough of how to report in FreeTaxUSA the backdoor Roth contribution made or recharacterized for the previous year.
How to Report 2024 Backdoor Roth In FreeTaxUSA (Updated)
Follow these detailed instructions with clear explanation and many screenshots when you report your Backdoor Roth in FreeTaxUSA online tax software.
Taxes on Box Spread Trades in TurboTax, H&R Block, FreeTaxUSA
Follow this detailed walkthrough to report gains or losses in long or short box spread trades in tax software TurboTax, H&R Block, and FreeTaxUSA.
State Tax-Free Muni Income in TurboTax, H&R Block, FreeTaxUSA
A portion of the dividends from muni bond funds and ETFs is also exempt from state income tax. Find the percentage and calculate it for your tax software.
I Bonds Interest in TurboTax, H&R Block, FreeTaxUSA
Follow this walkthrough to get the 1099 form for cashing out I Bonds and report the interest income in tax software TurboTax, H&R Block, and FreeTaxUSA.
Claim State Tax Free Interest in TurboTax, H&R Block, FreeTaxUSA
Calculate how much of the fund and ETF dividends are from Treasuries and exempt from state taxes. Enter the amount into TurboTax, H&R Block, or FreeTaxUSA.
2024 Mortgage Interest Limit in TurboTax, H&R Block, FreeTaxUSA
Here’s how to handle mortgage interest deduction in tax software TurboTax, H&R Block, and FreeTaxUSA when your mortgage is above the $750,000 limit.
How to Enter 2024 ESPP Sold in FreeTaxUSA: Adjust Cost Basis
Follow these detailed steps with screenshots for how to adjust the cost basis in FreeTaxUSA when you sell ESPP shares. Otherwise you will get double-taxed.
One 1099-R Form for Two Rollovers in TurboTax and H&R Block
How to enter a combined 1099-R form for two rollovers in the same year to both Traditional IRA and Roth accounts in TurboTax, H&R Block, and FreeTaxUSA.
How to Enter 2024 Mega Backdoor Roth in FreeTaxUSA (Updated)
Follow these easy step-by-step explanation with screenshots when you enter the 1099-R form for your mega backdoor Roth into FreeTaxUSA.