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How would I enter these events into a tax return using Intuit Proconnect? Eric received $15,000 of dividend income from Ford Motor Company stock that
How would I enter these events into a tax return using Intuit Proconnect?
- Eric received $15,000 of dividend income from Ford Motor Company stock that he owned for over 2 years.
- Mary received 50 shares of Applegate Corporation common stock as a stock dividend. The shares has a fair market value of $2,500 at the time Mary received them and she did not have the option of receiving cash.
- The Amoths gave to the Goodwill items with a FMV of $650. They provided the receipt for the household goods donated on 7/15. The goodwill is the local one in Mockingbird Heights at 123 High Street.
- The Amoth's own their home. They provided to you a Form 1098 with the mortgage interest paid by them to Rocket Mortgage. The total interest was $14,000. Additionally, the property taxes were impounded by Rocket Mortgagee and were $4,500 for the year.
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