Tax plan for client with 2021 gambling winnings---nothing shows in the 2021 actual column for pre strategy baseline. The withholding from the 2021 gambling winnings is included in the total federal withholding for 2022. I can't find a spot to remove that amount. Not sure why the gambling winnings aren't included in the 2021 column.
The Schedule E calculations are incorrect for 2021. Many expenses are missing. The net rental amount is $4000 when in fact there was a loss.
I don't see a space to enter final year of a schedule E so that prior losses will be freed up. My client sold the property in 2022. I think there should be a space to either enter the amount or mark the schedule E as a final.
