Hi, A previous tax professional filed my 2018 quarterly estimated taxes, but I don't know the exact amounts. Can Turbotax automatically find these amounts and apply it to my 2018 filing...as the tool can find documentation for W2s? Thanks.
Hello, I'm filing taxes via Uber and recieved 1099 MISC from them. I import it, fill expenses, etc. I thought everything went well, until I got an error saying:Form Not Reported:Your Form 1099-MISC from Uber Tech. shows $xxx,xxxx on line 7, but this ...read more
I am self employed and have contributed $24,500 to my 401k. I am over 50 years old. TT gave me error and said the maximum amount I can contribute is $18,500. I went to the Keogh worksheet and changed line 6a from $24,500 to $18,500 and added $6,000 t...read more
The Software is carrying over losses from last year (2) . Both exceed 3k and this year Don't have losses - but I do have expenses / deductions exceeding 3k - is the application of last years losses normal?
I made a small amount of money renting my car out via Turo this year as a business, at a net profit of $589. I'm trying to figure out how much of my overall taxes being paid are attributed to the Turo business versus my salary/overall income. My tota...read more
Hi, I'm a missionary living in France. I was issued a 1099-MISC box 7 from a missions organization in the US that processes donations I receive and live/work off of. I have no other source of income. I'm married to a NRA (foreigner) who doesn't file ...read more
I had an accountant do my taxes last year (2017). I had about 4k+ coming back to me (state & Fed), but he had 1/4 of it direct deposited into my checking and the remaining amount applied to quarterly estimated tax payments in 2018. I'm using Turbotax...read more
In 2018 I traded in a business vehicle and incurred a LOSS. However, I have tried everything but I cannot get TurboTax to show the loss. Form 4797 shows the trade in value as a gain and forces me to pay taxes on this incorrect gain. What am I doing w...read more
Started wreath business last year, cash based. Purchased $7895.00 in supplies, I don’t keep inventory- how should I list supplies? Mesh, Ribbon, Signs, Burlap? Had sales of $3100.Also, do I list my shipping costs in supplies expenses? Thanks