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Your SSDI benefits are considered part of your household resources to determine eligibility. If your income is above the income ceiling for the number of your exemptions, then you are disqualified from getting the credit.    On the Form MI-1040CR-7, Line 16b, there is a exemption if you are totally and permanently disabled. However, if you were age 66 by April 30, 2024, you may not claim this exemption on your 2024 return. 

Please see this answer from another expert for some possible places to review and some other suggestions of things to review.  If you have already checked all of these options, please contact us using the information in this link.  Let the agent know what is happening and if they determine it is indeed happening, they will forward open a case to resolve the issue.

Sorry, you may missunderstand my previous comment. I mean, for example, I earned 300K in total in that year. 100K is from NY (for the RSUs granted there); the other 200K is the base salary and bonus I earned while I live and work in California. My tax withhold for NY is based on 100K; and for CA is based on the total 300K. If my accountant report my tax as 100K to NY and 200K to CA, I won't have the penalty from NY. The issue is, my accountant allocated all 300K to NY. I know I am not double taxed. But their strategy lead to under pre-payment of tax to New York State.   If I were notified this penalty while they are preparing the tax return, I would insist on only allocating the partition I earned in NY to NY. But they didn't tell me anything about the penalty. Now, after two years, NY state told me I have the penalty. My argument is, as a tax professional, they should have warned me the penalty when they used this strategy to file tax return. This should be their negligence.  For tax professionals in this forum, do you think it is your duty to tell your customer that the strategy you used will lead to a penalty?

No. You should not be filing a partnership return for a single member LLC. A partnership has two or more members, whereas a single member LLC is a business structure owned by one taxpayer. It is considered a disregarded entity unless you elected otherwise. Therefore, if you did not elect for the business to be treated as a corporation, then you should typically use a Schedule C for the year. 

I would like to take a deeper look at this. However, I need a diagnostic file which is a copy of your tax return that has all of your personal information removed. You can send one to us by following the directions below:   TurboTax Online: Sign into your online account. Locate the Tax Tools on the left-hand side of the screen. A drop-down will appear. Select Tools On the pop-up screen, click on “Share my file with agent.” This will generate a message that a diagnostic file gets sanitized and transmitted to us. Please provide the Token Number that was generated in the response. TurboTax Desktop/Download Versions: Open your return. Click the Online tab in the black bar across the top of TurboTax and select “Send Tax File to Agent” * This will generate a message that a diagnostic copy will be created.  Click on OK and the tax file will be sanitized and transmitted to us. Please provide the Token Number (including the dash) that was generated in the response. *(If using a MAC, go to the menu at the top of the screen, select Help, then, “Send Tax File to Agent”)   @user17525023802   

If Form 8862 indicates that you or your spouse can be claimed as a dependent on another taxpayer's tax return, you must go through the My Info section on the left side of your screen. Make sure the box next to Another taxpayer can claim me as a dependent on their tax return is not checked.   

I would like to take a deeper look at this to assist you in fixing the problem. However, I need a diagnostic file which is a copy of your tax return that has all of your personal information removed. You can send one to us by following the directions below:   TurboTax Online: Sign into your online account. Locate the Tax Tools on the left-hand side of the screen. A drop-down will appear. Select Tools On the pop-up screen, click on “Share my file with agent.” This will generate a message that a diagnostic file gets sanitized and transmitted to us. Please provide the Token Number that was generated in the response. TurboTax Desktop/Download Versions: Open your return. Click the Online tab in the black bar across the top of TurboTax and select “Send Tax File to Agent” * This will generate a message that a diagnostic copy will be created.  Click on OK and the tax file will be sanitized and transmitted to us. Please provide the Token Number (including the dash) that was generated in the response. *(If using a MAC, go to the menu at the top of the screen, select Help, then, “Send Tax File to Agent”)  

For instructions on entering your 1095-A, click here. If you are using TurboTax Online, make sure you are signed in and then click on the link in the article. You will immediately be directed to the screen to enter your form.    @SeaLady321 

@dpa500 it shouldn't really be necessary to allocate the dividends and capital gains based on time....it should be documents on your brokerage statement.... if you have dividends that you receive directly from the firm, yeah, allocating is easy as they are only paid 4 times per year.  a quick good search will display the specific date the dividends were paid. 

Can you clarify your question?  You mention a 401(k) and a Roth IRA.  Do you have a solo 401(k) or are you trying to set up a Roth IRA?    This link from the IRS provides general information on limits to assist you depending upon your specific situation.  Also see Publication 560 from the IRS for more details on applicable compensation limits and deferral limits depending upon the type of retirement plan(s) you have in place.

@douglasjia  RSU that were granted in NY are taxable to NY, even if you live elsewhere when they vest.....that is NY law.    if you look closely at your CA tax return, you get a  credit for taxes paid to NY so that you are not taxed twice on the same dollar of income.  Review Schedule S on your CA tax return (which I suspect flows to Line 43 or 44 on the CA tax return).  If you do not have a credit on these lines, talk to your accountant.     You are required to pay tax to NY on monies earned there.  Similar case in CA.  You can't just say, hey, I'll just pay it all to CA as it's the same to me.  Each state has its own requirements.    On the penalty, you are responsible for the tax return.  You signed it, right?  Suggest discussing with the accountant (or get a new one!)

It depends. Maryland will tax you on the same portion of the annuity that you were taxed on at the federal level.  However, Maryland also has income thresholds that determine whether you must file a return, based on your filing status and age. Please look at the linked chart to determine your requirement to file. 

you lost me on this.  Whatever capital gains you had  on assets sold or whatever dividends you received in 2024 while a VA resident must be reported in the VA column of the Part Year return.  Whatever capital gains you had  on assets sold or whatever dividends you received in 2024 while a FL resident DOES NOT get reported in the VA column of the Non-Resident return.   @NCperson sorry for the confusion. I confused myself as well. Per TT learn more - "Since it may be hard to tell how much of this interest income was earned while you lived in each state, it's OK to allocate according to the time you spent in each state."  I will do this for both the dividend income and capital gains as well.     2) on the rents..... there is nothing to show on the Part Year since the property wasn't rented while a VA resident.   When you do the Form 763 (non-resident), you will owe no tax, since this reported loss is the only VA income to be reported in the right most column of the grid on the 2nd page.  You are still required to file the tax return because your AGI is presumably greater than $11,950 (filing Single).  If you do form 763 by hand and shows you owe tax, you've done something incorrect.    Copy that, thank you again! Hopefully no more questions for you.  

Please see what if I can't import my 1099 if you are having issues importing your 1099 into TurboTax.  Another option would be to contact  Fidelity to see if there a way to turn off the authentication on their side so you can then import your information into TurboTax.  

You cannot change the tax year.   The current online program is for 2024 only.   Only a 2024 return can be prepared online and only a 2024 return can be e-filed.   Online preparation and e-filing for 2021, 2022, and  2023 is permanently closed. Note:  The desktop software you need to prepare the prior year return must be installed/downloaded to a full PC or Mac.  It cannot be used on a mobile device.   To file a return for a prior tax year  If you need to prepare a return for 2021, 2022, or 2023  you can purchase and download desktop software to do it, then print, sign,  and mail the return(s) https://turbotax.intuit.com/personal-taxes/past-years-products/ You may also want to explore purchasing the software from various retailers such as Amazon, Costco, Best Buy, Walmart, Sam’s, etc.   Remember to prepare your state return as well—if you live in a state that has a state income tax.   https://ttlc.intuit.com/turbotax-support/en-us/help-article/state-taxes/contact-state-department-revenue/L9qVToi02_US_en_US?uid=m6e06um0   When you mail a tax return, you need to attach any documents showing tax withheld, such as your W-2’s or any 1099’s.  Use a mailing service that will track it, such as certified mail so you will know the IRS/state received the return.   Federal and state returns must be in separate envelopes and they are mailed to different addresses.  Read the mailing instructions that print with your tax return carefully so you mail them to the right addresses.

To enter your 1095A go to Federal>Deductions and Credits> Medical>Affordable Care Act (Form 1095A)   ENTER 1095A  TT FAQ https://ttlc.intuit.com/turbotax-support/en-us/help-article/insurance-medical-benefits/enter-1095/L6CLFzhri_US_en_US?uid=m62itugr