All Posts
yesterday
1 Cheer
@tfhoughton yes importing is a different matter entirely, it depends on brokerages preparing those datasets which are separate from the PDF you have in hand, and they usually make all 1099 data avai...
See more...
@tfhoughton yes importing is a different matter entirely, it depends on brokerages preparing those datasets which are separate from the PDF you have in hand, and they usually make all 1099 data available together, they are still processing all the other 1099s. 1099Rs are simple enough to input manually anyway and would need to pay attention to the additional interview questions about the 1099R also.
yesterday
The Form 1099-R section was updated on 01/21/2026, for the online editions. If you are not seeing this on your account, clear cache and cookies on your web browser.
The Form 1099-R section was...
See more...
The Form 1099-R section was updated on 01/21/2026, for the online editions. If you are not seeing this on your account, clear cache and cookies on your web browser.
The Form 1099-R section was updated on 01/22/2026, for the desktop editions. Click on Online at the top of the desktop program screen. Click on Check for Updates.
To enter, edit or delete a form 1099-R -
Click on Federal Taxes (Personal using Home and Business) Click on Wages and Income (Personal Income using Home and Business) Click on I'll choose what I work on (if shown) Scroll down to Retirement Plans and Social Security On IRA, 401(k), Pension Plan Withdrawals (1099-R), click the start or update button
yesterday
Para poderte ayudar mejor, ¿que estado estas preparando, para poder darte indicaciones de como buscar la información de tu distrito?
yesterday
¿Podrías aclarar si estás buscando un código de promoción de una institución financiera o un código de descuento para la preparación de impuestos?"
yesterday
Is anyone out there having a problem entering there 1099_R retirement information on the tax form. When I try to enter the information it tells me it will be available soon. How soon, as I getting ...
See more...
Is anyone out there having a problem entering there 1099_R retirement information on the tax form. When I try to enter the information it tells me it will be available soon. How soon, as I getting ready to file my taxes
yesterday
Yes, according to the instructions, you would need to fill out the apportionment schedule (even if CA sales = sales from all sources), assuming your LLC is considered a partnership for tax purposes. ...
See more...
Yes, according to the instructions, you would need to fill out the apportionment schedule (even if CA sales = sales from all sources), assuming your LLC is considered a partnership for tax purposes. Different rules may apply if your LLC can be disregarded for tax purposes and reported entirely on your individual state return. The CA FTB would be able to answer how they want this reported, given your filing history and any changes to state and federal law. Track the availability of your state forms in TurboTax here.
Please note: The final form(s) and instructions for tax year 2025 California Form 100 have not been finalized and made available online yet.
yesterday
If you are age 65 or older and meet the requirement, the additional deduction is automatically added on your federal tax return.
Standard deductions for 2025
Single - $15.750 add $2,000 if ag...
See more...
If you are age 65 or older and meet the requirement, the additional deduction is automatically added on your federal tax return.
Standard deductions for 2025
Single - $15.750 add $2,000 if age 65 or older Married Filing Separately - $15,750 add $1,600 if age 65 or older Married Filing Jointly - $31,500 add $1,600 for each spouse age 65 or older Head of Household - $23,625 add $2,000 if age 65 or older
New Bonus Standard Deduction (OBBB): An additional $6,000 deduction for taxpayers 65 and older. This is per eligible individual, meaning a married couple both over 65 could get $12,000. Important: This bonus deduction is temporary, lasting from 2025 through 2028. Income limitations: It phases out for taxpayers with modified adjusted gross income over $75,000 for single filers and $150,000 for joint filers.
The amount is calculated on Schedule 1-A, Part V, with that amount flowing to Form 1040 Line 13b
Look at your Form 1040 -
You can view your Form 1040 plus Schedules 1, 2 and 3 at any time using the online editions. Click on Tax Tools on the left side of the online program screen. Click on Tools. Click on View Tax Summary. Click on Preview my 1040 on the left side of the screen.
yesterday
We don't know the exact date. Although the forms availability table indicates that Form 4562 is ready to e-file, the final updates for depreciation calculations have not been released.
We recom...
See more...
We don't know the exact date. Although the forms availability table indicates that Form 4562 is ready to e-file, the final updates for depreciation calculations have not been released.
We recommend that you wait a while for additional TurboTax Online updates to be released. This could be sometime in February.
yesterday
To access your current or prior year online tax returns sign onto the TurboTax website with the User ID you used to create the account - https://myturbotax.intuit.com/
Scroll down to the bottom of ...
See more...
To access your current or prior year online tax returns sign onto the TurboTax website with the User ID you used to create the account - https://myturbotax.intuit.com/
Scroll down to the bottom of the screen and on the section Your tax returns & documents. Click on the Year and Click on Download/print return (PDF)
If you used the desktop CD/Download editions installed on your computer, the only copy of your tax data file and any PDF's will be on the computer where the return was created. TurboTax does not store online any returns completed using the desktop editions.
Go to this IRS website for free transcripts of a federal tax return - https://www.irs.gov/individuals/get-transcript
For a fee of $30 you can get a complete federal tax return from the IRS by completing Form 4506 - http://www.irs.gov/pub/irs-pdf/f4506.pdf
yesterday
I keep entering my donations, a can get cash donations to stay, but when i enter gift donations, the previous ones disappear. I have the newest edition of premiere, just downloaded it 1/25/2025
yesterday
If TurboTax is not letting you continue, you can try the following:
Go out of your program and go back in.
Clear your cache and cookies.
Try a different Web Browser.
If you are...
See more...
If TurboTax is not letting you continue, you can try the following:
Go out of your program and go back in.
Clear your cache and cookies.
Try a different Web Browser.
If you are using TurboTax Desktop make sure all updates have been run on your program. You can do this by clicking on "Online" in the black bar across the top of your TurboTax screen. And then select "Check for Updates".
If you have any additional questions or information regarding this please return to TurboTax Community and we would be glad to help.
yesterday
El IRS no usa el condado, esto seria algo para la declaracion estatal. Si no ve su condado en las opciones, intente a re-añadir su dirrecion para que se haga refresh. Si todavia no se ve el condado,...
See more...
El IRS no usa el condado, esto seria algo para la declaracion estatal. Si no ve su condado en las opciones, intente a re-añadir su dirrecion para que se haga refresh. Si todavia no se ve el condado, aqui hay otras opciones que puede considerar:
Clear cache and cookies. Instrucciones de como hacer esto aqui: como hacer clear cache and cookies en chrome
Borrar y re-añadir la declaracion estatal.
eligir la opcion "mutiple localities/not listed"
yesterday
Topics:
yesterday
this is for the state of MA
Topics:
yesterday
Only put the first three letters of the document number. don't enter the entire document number.
yesterday
If you haven't used Quick Employer Forms before, you'll need to set up your company first. This program is separate from TurboTax so none of your company information is shared. You need to enter the ...
See more...
If you haven't used Quick Employer Forms before, you'll need to set up your company first. This program is separate from TurboTax so none of your company information is shared. You need to enter the information from scratch.
yesterday
At the current time, there does not appear to be a situation with the home office deduction that would require a patch.
It could be that the combination of income attributable to your home offi...
See more...
At the current time, there does not appear to be a situation with the home office deduction that would require a patch.
It could be that the combination of income attributable to your home office and the other business expenses are limiting your home office expenses. The key may be the answer to the question about the percentage of time spent conducting business in the home office.
If the home office expenses are limited and not allowed to be taken on the current year’s return, then they are carried forward to the next year as long as the actual home office expenses were being used and not the simplified method based solely on the square feet of the office.
There are some examples below that will illustrate this limitation a little better. Take a look at these with respect to your own situation and see if the end result is what it should be.
Income Earned from Home Office
The IRS limits the total of certain kinds of home office expenses - the ones you would not be able to deduct anywhere else on your tax return, such as your utilities and repairs - to the income earned from activities in your home office. Although these expenses cannot themselves create a loss on your business, you can carry over any unused portion to next year's home office deduction.
Here's how it works. Let's say
- Your business income before any expenses was $10,000
- All business expenses that would not limit your home office deduction were $4,000, and
- The home office expenses were $3,000
1). If 90% of your income came from business conducted in your home office, then you can deduct all of your home office expenses:
- $10,000 X 90% of income from the home office = $9,000 from business use of the home
- $9,000 - $4,000 other expenses = $5,000 available for home office expenses
- $5,000 is greater than $3,000 home office expenses, so you can deduct all of them.
2). However, if 60% of your income came from business conducted in your home office, then your home office expenses will be limited:
- $10,000 X 60% of income from the home office = $6,000 from business use of the home
- $6,000 - $4,000 other expenses = $2,000 available for home office expenses
- $2,000 is less than $3,000 home office expenses, so you can deduct $2,000 of them this year, and carry the remaining $1,000 to next year.
3). In addition, if 30% of your income came from business conducted in your home office, then you would not be able to deduct any of them this year:
- $10,000 X 30% of income from the home office = $3,000 from business use of the home
- $3,000 - $4,000 other expenses = $0 available for home office expenses (this will never be less than zero)
- You cannot deduct any home office expenses this year, but you can carry the entire $3,000 to next year.
@Biscotty4
yesterday
@mjheindel Sorry, shut down last October. TTX staff have said they will start including a similar valuation help procedure in their software, in one of the future updates to the tax software. ...
See more...
@mjheindel Sorry, shut down last October. TTX staff have said they will start including a similar valuation help procedure in their software, in one of the future updates to the tax software. No current suggestion as to when that might occur, or whether they've decided it to skip it this season. IF not done by the end of February, you might have to make yore best guesses based on a re-visit to a Goodwill or Salvation Army store to see similar items
yesterday
The Schedule 1-A is included with the TurboTax software. Click on Forms and you can view all the forms, schedules and worksheets included in your tax return.
Standard deductions for 2025
Sin...
See more...
The Schedule 1-A is included with the TurboTax software. Click on Forms and you can view all the forms, schedules and worksheets included in your tax return.
Standard deductions for 2025
Single - $15.750 add $2,000 if age 65 or older Married Filing Separately - $15,750 add $1,600 if age 65 or older Married Filing Jointly - $31,500 add $1,600 for each spouse age 65 or older Head of Household - $23,625 add $2,000 if age 65 or older
New Bonus Standard Deduction (OBBB): An additional $6,000 deduction for taxpayers 65 and older. This is per eligible individual, meaning a married couple both over 65 could get $12,000. Important: This bonus deduction is temporary, lasting from 2025 through 2028. Income limitations: It phases out for taxpayers with modified adjusted gross income over $75,000 for single filers and $150,000 for joint filers.
The amount is calculated on Schedule 1-A, Part V, with that amount flowing to Form 1040 Line 13b