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yesterday
i can't enter the information for my 1099-b. i don't how turbo got that
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yesterday
Thank you so much for this info! I just got my letter from the IRS today since I purchased a Daikin AC last year. Compiling everything now to respond to the IRS.
yesterday
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yesterday
What business tax? If you need to file Schedule C for self employment income you add it to your personal tax return. If you need to file a 1065 or 1120 or 1120-S corp you need the separate Business...
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What business tax? If you need to file Schedule C for self employment income you add it to your personal tax return. If you need to file a 1065 or 1120 or 1120-S corp you need the separate Business program in addition to a personal version. You can enter Schedule C for Self Employment Income into Online Deluxe but if you have any expenses you will have to upgrade to Premium version. Or use any of the Desktop Download programs. Online Premium https://turbotax.intuit.com/personal-taxes/online/premium If you need Turbo Tax Business, not to be confused with the personal Home & Business version. Home & Business is just for personal returns that need schedule C for self employment. TT Business is not available to do online or on a Mac. You can buy the Windows Desktop program here, https://turbotax.intuit.com/small-business-taxes/cd-download You can have both a personal program and the Business program installed on the same computer at the same time.
yesterday
I see now that I should have insisted that $8,002 be withdrawn in the first place. But, given what's already done, thank you for laying out my options.
yesterday
Contact your employer's Payroll or Human Resources Department to request a duplicate W-2.
If you continue to have issues getting your W-2, you can contact the IRS to contact your employer to r...
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Contact your employer's Payroll or Human Resources Department to request a duplicate W-2.
If you continue to have issues getting your W-2, you can contact the IRS to contact your employer to request the missing W-2. Another option is to complete a substitute W-2 by filling out Form 4852 in TurboTax.
Refer to the IRS article What to do when a W-2 or Form 1099 is missing or incorrect for more information.
Refer to the TurboTax Help article What To Do If You Haven't Received a W-2.
yesterday
Yes. You can log out and your return is automatically saved. Then log back into the same account and continue.
yesterday
Just use one of your computers with Windows 11 to do his tax return. Why did you install Turbo Tax on 5 computers? You can do unlimited returns in the Desktop program and efile 5 federal for fr...
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Just use one of your computers with Windows 11 to do his tax return. Why did you install Turbo Tax on 5 computers? You can do unlimited returns in the Desktop program and efile 5 federal for free. The rest you have to print and mail. Using it on more than 1 computer won't get you anymore efiles.
yesterday
I think H&R does offer this functionality. How to Use DeductionPro | H&R Block It's called DeductionPro. Not sure how it works as I am not an H&R user, but next year I will be.
yesterday
1 Cheer
There is section that you select that says State estimated taxes for 2025. That is where you enter your estimated tax payments that you made for your Ohio estimated tax payments.
yesterday
1 Cheer
You enter state estimated payments on the federal side. One reason is because they can be a federal deduction if you itemize. In fact you enter most everything under the federal side and it will fl...
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You enter state estimated payments on the federal side. One reason is because they can be a federal deduction if you itemize. In fact you enter most everything under the federal side and it will flow to the state.
yesterday
For navigation instructions, refer to the TurboTax article Can I deduct medical expenses.
Review the TurboTax articles: The Ultimate Medical Expense Deductions Checklist and Are Medical Expense...
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For navigation instructions, refer to the TurboTax article Can I deduct medical expenses.
Review the TurboTax articles: The Ultimate Medical Expense Deductions Checklist and Are Medical Expenses Tax Deductible? for more information about medical expense deductions.
yesterday
@DaveF1006 so just realized one issue - ordinary business income is negative, so even if active the losses are still passive. That is why it is not appearing on Form 3800. However - Form 8582-CR...
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@DaveF1006 so just realized one issue - ordinary business income is negative, so even if active the losses are still passive. That is why it is not appearing on Form 3800. However - Form 8582-CR does not appear unless I uncheck "Check if rental of property is a type subject to recharacterization rules". Once that check is removed the Form 8582-CR appears with all info properly recorded for carryover credit. I need that checkbox checked as there is self-rental, but I do not see where this credit ends up.
yesterday
1 Cheer
You don't owe any income tax on your income. The most you can get back is the amount of federal tax withholding. You probably don't qualify for any of the refundable credits like the EIC.
yesterday
I did a price comparison with H&R Block. Its $25 cheaper than TurboTax and has its own application like itsDeductible. I don't see any reason to stay with TurboTax now. How to Use DeductionPro | ...
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I did a price comparison with H&R Block. Its $25 cheaper than TurboTax and has its own application like itsDeductible. I don't see any reason to stay with TurboTax now. How to Use DeductionPro | H&R Block
yesterday
I am a current unit holder of EPD and received a K-1. Part II, items J, K and L on the K-1 contain both beginning and ending values - but TT did not prompt me for this information. After completin...
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I am a current unit holder of EPD and received a K-1. Part II, items J, K and L on the K-1 contain both beginning and ending values - but TT did not prompt me for this information. After completing the K-1 interview and subsequently checking in Forms Mode, I could see that only the beginning values are there for items J, K and L, and all other values are missing. How do I correct this so my carryovers for 2026 are correct?
yesterday
That is FEDERAL the question is about OHIO State
yesterday
I followed exactly what the Intuit tax expert advised when I inherited money internationally in 2023. Here's some additional advice although I'm not a tax consultant. Just an average guy (engineer b...
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I followed exactly what the Intuit tax expert advised when I inherited money internationally in 2023. Here's some additional advice although I'm not a tax consultant. Just an average guy (engineer by training) trying to keep the IRS happy and get my taxes done. You only have to file the 3520 once, for the one-time inheritance. Afterwards, if you keep the money internationally, any dividends or interest needs to be declared as income on your annual 1040 tax return. Next, all foreign holdings need to be declared annually when you submit your income taxes on Form 8938 (Statement of Specified Foreign Assets). If you have >$150,000 USD in foreign assets, you also have to annually complete a FBAR (Foreign Bank & Financial Account Report, FinCEN Form 114) directly to the U.S. Treasury. All accounts must be reported to the U.S. Treasury, not just the ones >$150,000. For example, I had to report 4 different accounts, but only one of those was >$150,000. The U.S. Treasury website for filing the FinCEN Form 114 online (it's really easy) is: https://bsaefiling.fincen.gov The easy way would have been to bring all asset from foreign entities into the USA, but the $USD has been rather strong so I'm waiting for an opportune time when FOREX rates are more favorable. I must be doing everything correctly because I've received no audits or requests for additional information from the IRS or the U.S. Treasury. I hope this helps out the Intuit Tax community.
yesterday
I'm working up a test case for my 2026 taxes using TT Deluxe 2025. I retired at the end of 2025. My income is simple: 1099-SSA 35000 1099-R qualified pension 12000 Total income 47...
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I'm working up a test case for my 2026 taxes using TT Deluxe 2025. I retired at the end of 2025. My income is simple: 1099-SSA 35000 1099-R qualified pension 12000 Total income 47000 TT says I'm owed the full 10% of taxes withheld back. 4700 My unreimbursed 2026 medical expenses for 2026 is at least 20000. Why does TT say a 20000 deduction still gives me the same refund of 4700 as the standard single deduction of 15750 would? Also, why is TT saying I don't owe ANY Federal taxes and refunding the entire 10% / 4700 withheld?