Taxes Questions and Answers

Does it matter which one u file first in ca fed or state?




Answers: I don't live in CA but I would like to believe that you would need your adjusted gross income from your federal filing to be able to complete you state filing.
Virtually all States base your State return upon your Federal return so you'll need to prepare the Federal first. Which you actually file first doesn't really matter although some states require you to e-file your Federal and State returns together if you wish to e-file your State return. MO is one such state though I don't know about CA.

When filing a tax return, what does this error mean.."The Recipient's/Lender's name is a required entry." ??




Answers: Depends on what you were doing when you got that error message.

It sounds as if you are trying to report interest paid on a mortgage? If this is the case, the recipient/lender is your mortgage company.
if your lender is a person or odd company/entity instead of a bank or mortgage company, you must report their name and address. their SSN if you have it helps, but no big deal if you don't.

I have a 1099-S form. where on a 1040 do I enter this information. I cant seem to find an entry box for it.?




Answers: A 1099-S is for proceeds from the sale of real property - so you would enter it on Schedule D (assuming that it's a taxable sale)
sale of a property is Schedule D, most likely.

read instructions -- if it was your residence for two of the past five years and (other conditions), you may not need to report, or you only may need to report the portion over a certain level.

other possible forms depending on circumstances -- 4797 & 6252

{note: if you're the buyer, the real estate tax you paid for the number of days allocated to your ownership is a possible itemized deduction on Schedule A.}

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