Will there be an update for 2024 TurboTax Deluxe with the new tax
regulations due to the New One Big Beautiful Tax Bill so that we can
properly calculate 2025 estimated Taxes? If so when might that update be
available? Thanks
In various places, such as
https://aldridgeborden.com/blog/gift-tax-aldridge-borden-co-montgomery-al/
, I have been seeing that a married couple may write one gift check to
one recipient from their joint checking account for $38,000 (in 2025).
And si...read more
sacapPosted 22m ago
| Latest post 11m ago by
Bsch4477
I took financial advice from a banker to convert a traditional (not
Roth) IRA from non-deductive (IRS form 8606) principle and convert the
nondeductible portion into a Roth IRA after being told he had done it
many times and that the conversion would ...read more
I am just starting and ecommerce and know I will be getting a 1099 at
year end, I believe it will be the nec. I want to know if when I file
woukd the home and business be sufficient or will I need to use a
different version. Also I did pay start-up a...read more
a-bbookPosted 6 hours ago
| Latest post 2 hours ago by
Bsch4477
April 2025 was my first time using TurboTax and forgot to add carryover
losses from prior years. Now, went through Schedule K1 ->
Partnerships/LLC (Form 1065) -> Report Carryovers - Regular Tax, and see
2 options: - Box 1 - Ordinary Income - Box 2a -...read more