What all do I need to fill out to complete my tax return?
For 2009, I have income from my full-time job and rental income from my condo I rented out. What are all the forms I need to fill out? I would like to do my taxes myself for the 2009 tax year instead of using Turbo Tax. Turbo Tax is not allowing me to use its free edition due to my additional rental income. 2009 was the first year I rented out my condo.
Asked By: Jake C - 2/19/2010
Best Answer - Chosen by Asker
You are right Turbo Tax is limited. In your situation i recommend that you have an accountant process your taxes. Why? you could qualify for additional tax breaks with your rental property or you could see a increase in paybacks because that is considered additional income. Why? you move into a higher tax bracket... More
Answered By: Kennedy - 2/19/2010
Additional Answers (4)
Form 1040 and Schedule E, plus the instructions for each.
Answered By: artillerygirl01 - 2/19/2010
The free edition will not do this for you. You probably need to get the deluxe edition.
Answered By: MadMan - 2/19/2010
Form 1040 as your basic tax form and Schedule E for your rental. If 2009 was the first year you rented your condo, you will also need Form 4562 for depreciation. If you itemize deductions you will also need Schedule A. Finally you will need Schedule M to claim the "make work pay" credit.
Answered By: card-ron - 2/19/2010
Yeah rental income is tricky. If you just have your one condo, you should be able to do it yourself. What you're going to need is your W-2 form from your full-time job. And you will need to fill out a Schedule E for Rental Income. Since it is one condo, it shouldn't be too hard to fill out the forms. Also, make sure... More
Answered By: Your - 2/19/2010
Over 483 Local Jobs Now Hiring In Your Area. $18-$87/Hr - Apply Today!
Work At Home Jobs Make $87/HR, Jobs Seen On TV. Jobs Hiring Now
Drive Your Car - Make up to $600 Per Weekend. Work When You Want.
Legitimate Survey for Cash.Extra Money for You,Join Here!
Other Career Questions
What is your current job? Why did you choose this job? What do you enjoy about your job? What do you dislike about your job? What would be your perfect job? Would you rather have this j...
Where are the jobs? Is productivity and globalization creating a permanent “recession” of jobs? My main issue is I am doing a paper for school and have no idea where to begin. I was hoping suggestions...
Hi ok im 19 and about to start college to do an acess course into a university. Ive been browsing through all the courses and im tottaly stuck! I thought politics but im scared ill end up with some r...
Content is not owned or controlled by Monster. Any content concerns should be addressed with Yahoo!
Yahoo! Does not evaluate or guarantee the accuracy of any Yahoo! Answers content. Yahoo! Disclaimer.
Best-Paying Work-from-Home Jobs
It’s easier than ever to work from home. Of course, not every job is a mobile job, and some companies aren’t interested in having their employees work from home.
2013 Marketing Jobs Outlook
The US may be facing another year of anemic hiring overall, but that won't be the case in the high-orbit world of multichannel, digital media marketing.
2013 Engineering Jobs Outlook
Engineers will find job opportunities in select disciplines in 2013, with candidates who are all-around, client-oriented businesspeople in demand.
Best-Paying Jobs by Major
What could you earn with a particular four-year degree? Find out by checking out this list of the top-paying jobs for 20 of the most common majors.
Eight High-Paying, Secure Jobs
Want to earn a good salary and enjoy a measure of job security as well? Check out these well-paying jobs on tap for fast growth in the coming years.