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April 8, 2025
9:00 AM
There are a few reasons why your refund is different than it was last year. Your income may have changed, your withholding may have changed, if you make estimated tax payments, they may be different...
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There are a few reasons why your refund is different than it was last year. Your income may have changed, your withholding may have changed, if you make estimated tax payments, they may be different than the year before. Also, your credits and deductions may have changed.
Refer to the TurboTax article Why did my refund go down compared to last year's? for more information.
April 8, 2025
9:00 AM
Where did you buy the Desktop program? Some places are not Authorized Sellers and the program won't work right after the first return. https://ttlc.intuit.com/turbotax-support/en-us/help-articl...
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Where did you buy the Desktop program? Some places are not Authorized Sellers and the program won't work right after the first return. https://ttlc.intuit.com/turbotax-support/en-us/help-article/intuit-product-orders/obtain-authentic-turbotax-programs/L1yYfitCw_US_en_US?uid=lv4rnzmq
April 8, 2025
9:00 AM
I entered my 1099-S information in the 'Other' category of the Investment section and selected 'Second Home' and 'Inherited'. **My concern is after I completed the entry I found that upon retur...
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I entered my 1099-S information in the 'Other' category of the Investment section and selected 'Second Home' and 'Inherited'. **My concern is after I completed the entry I found that upon returning to the investment section the tab shows this as 'Stocks, bonds, etc. (1099-B)'. Thank You, Mark
April 8, 2025
9:00 AM
BEWARE: The services listed will cost +- $150 and more for higher payments. i,e, a $4400 payment is $147, to pay with credit card...despite what the fee pricing page says.
April 8, 2025
9:00 AM
Thank you, this was the answer that worked. For some reason when I was entering items in this section I miss interpreted what the add asset button here was for. It read to me like just adding another...
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Thank you, this was the answer that worked. For some reason when I was entering items in this section I miss interpreted what the add asset button here was for. It read to me like just adding another office or something so I never clicked it. Thank you again.
April 8, 2025
8:59 AM
Please clarify your question.
What page is missing?
If you printed it can you select that page and print again?
Are you mailing the return?
Please contact us again to provide some ...
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Please clarify your question.
What page is missing?
If you printed it can you select that page and print again?
Are you mailing the return?
Please contact us again to provide some additional details.
April 8, 2025
8:59 AM
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April 8, 2025
8:59 AM
April 8, 2025
8:59 AM
The online version saves automatically.
April 8, 2025
8:58 AM
It wants me to enter this information in Schedule C or Schedule E, but neigher seems to be appropriate.
April 8, 2025
8:58 AM
1 Cheer
The offsetting entry is justified as it allows you to adjust the reported income to the correct amount. Your only other option would be to report the correct gross income, but that would likely invit...
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The offsetting entry is justified as it allows you to adjust the reported income to the correct amount. Your only other option would be to report the correct gross income, but that would likely invite more IRS scrutiny than making the adjustment.
@joeltax
April 8, 2025
8:57 AM
Please call TurboTax Customer service. Here is a link: Turbo Tax Customer Service
April 8, 2025
8:57 AM
The HSA contributions are not counted as medical expenses.
Medical expenses can be deducted from your taxable income.
Health insurance premiums paid with after tax dollars can be claimed as exp...
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The HSA contributions are not counted as medical expenses.
Medical expenses can be deducted from your taxable income.
Health insurance premiums paid with after tax dollars can be claimed as expenses.
HSA contributions are paid with pre-tax dollars if done via payroll.
You get a tax deduction (as HSA contributions) when the contributions are made outside payroll and reported on your tax return.
Because of this, the contributions are not deductible medical expenses. Additionally, expenses paid with an HSA distribution are also not education expenses. These are all paid with pre-tax dollars, so there is no deduction from taxable income.
New Jersey does not recognize HSA contributions as deductions and TurboTax will add the amount of the contributions shown on your W-2 to the state income shown in Box 16 when transferring your income to your New Jersey return.
April 8, 2025
8:57 AM
April 8, 2025
8:56 AM
How do I find out if my NYS teacher pension is subject to a RMD?
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April 8, 2025
8:56 AM
You can delete Schedule C from your tax return. If you are using TurboTax Online, please follow the instructions in this TurboTax Help article to delete a form. If you are using TurboTax Desktop, p...
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You can delete Schedule C from your tax return. If you are using TurboTax Online, please follow the instructions in this TurboTax Help article to delete a form. If you are using TurboTax Desktop, please follow the instructions in this TurboTax Help article to delete a form. If you filed with TurboTax before, the program will keep some information. If this is the case, just look at your entries to make changes.
Keep in mind that if you filed with TurboTax in the past, the program will carry forward some information. If this is your case, review your entries to make necessary changes.
After you delete the Schedule C, you can re-enter your information again.
How do I report income from self-employment?
What self-employed expenses can I deduct?
April 8, 2025
8:56 AM
Once you are sure you don't need this form, you can delete it.
If you are using:
TurboTax Online: see How do I view and delete forms in TurboTax Online?
TurboTax Desktop:
On th...
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Once you are sure you don't need this form, you can delete it.
If you are using:
TurboTax Online: see How do I view and delete forms in TurboTax Online?
TurboTax Desktop:
On the top right, there is a FORMS button.
Click on FORMS.
Locate the form you want to delete.
Click on the form name.
Below the form, bottom left, select DELETE FORM button.
April 8, 2025
8:56 AM
If you are purchasing these items to gain more customers you would list them as advertising or promotions. This applies whether you keep the items for the next event or give them away during an even...
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If you are purchasing these items to gain more customers you would list them as advertising or promotions. This applies whether you keep the items for the next event or give them away during an event.
If you are buying items that are meant directly for use with the client then that would be supplies. Overall, it will not have an affect on your return which category you use if you label a few dollars to the one side versus the other because it can be used for both. Both of these expenses are deducted $1 for $1 and lump summed into the total expense deduction.
April 8, 2025
8:55 AM
1 Cheer
To eliminate the 6% excess-contribution penalty for 2024, your 2024 tax return needs to include $3,850 of the distribution as being taxable and subject to the 20% additional tax. If you paid medical...
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To eliminate the 6% excess-contribution penalty for 2024, your 2024 tax return needs to include $3,850 of the distribution as being taxable and subject to the 20% additional tax. If you paid medical expenses in 2024 to which you can apply the other $248, that will eliminate the tax and 20% penalty on the $248. To eliminate all of the excess, you can claim no more than $248 as being applied to medical expenses. A consequence of failing to correct the excess timely is double taxation of the excess. If the HSA custodian will not correct the coding of the distribution, yes, you'll need to enter code 1 in box 3 and nothing in box 2, then provide explanation with your printed and mailed tax return.
April 8, 2025
8:54 AM
We are trying to file our deceased mother’s 2024 taxes, she paid the IRS $2885.00 last year, it appears the IRS never received this. We have proof the funds were withdrawn from her checking account.
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