For your federal extension, you should pay $500. Your California overpayment cannot be used to decrease the balance on your federal extension. You'll receive the refund when you file your Californi...
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For your federal extension, you should pay $500. Your California overpayment cannot be used to decrease the balance on your federal extension. You'll receive the refund when you file your California return.
HERE are the steps to amend your return using TurboTax.
In order to get the 2023 Child Tax Credit, you would have needed to have applied for an ITIN before the due date of that return.
TurboTax does not pay your tax due. That it up to you. You need to either mail a check or money order to the state or make payments on the state's website.
If you owe tax due, you have to p...
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TurboTax does not pay your tax due. That it up to you. You need to either mail a check or money order to the state or make payments on the state's website.
If you owe tax due, you have to pay it yourself by the filing deadline on April 15, 2025.
If you have federal tax due you can pay by mailing your payment with the 1040V voucher, (which has the address printed on it, having the payment taken out of a designated bank account, or you can pay directly on the IRS website.
https://www.irs.gov/payments
https://ttlc.intuit.com/community/tax-payments/help/how-can-i-pay-my-federal-taxes/00/26212
https://ttlc.intuit.com/community/tax-payments/help/how-do-i-pay-my-irs-tax-due-with-a-check-or-money-order/00/26403
To apply for a payment plan with the IRS
Apply Online for a Payment Plan
You must pay your state tax due using the state’s preferred method of receiving payment. For most states that will be by making a payment to the state’s own tax website, or by mailing a check or money order.
https://ttlc.intuit.com/turbotax-support/en-us/help-article/state-taxes/contact-state-department-revenue/L9qVToi02_US_en_US?uid=m6e06um0
In general, no, there is not a place for that.
If you incur dry cleaning expenses while traveling away from your tax home doing business, then the dry cleaning expense is claimed as a travel ...
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In general, no, there is not a place for that.
If you incur dry cleaning expenses while traveling away from your tax home doing business, then the dry cleaning expense is claimed as a travel expense.
But, if you are talking about purchasing suits to wear while conducting business and the expense of dry cleaning those suits routinely, that is not considered a business expense, but a personal one. The suits can be used for other purposes unrelated to business.
To be able to claim an expense for clothing related to your business, it must be a uniform, safety gear, or other type of specialty clothing that would not reasonably be able to be worn for personal or non-business purposes. If you did have expenses for this type of specialty clothing and the cleaning of that clothing, then the expense could be entered as a Miscellaneous business expense where you can enter a description and expense.
Please try the guidance in How do I get started with TurboTax Desktop? For installation and software issues you can contact the TurboTax Support Phone Number Edited 04/08/2025 | 07:43 AM PST ...
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Please try the guidance in How do I get started with TurboTax Desktop? For installation and software issues you can contact the TurboTax Support Phone Number Edited 04/08/2025 | 07:43 AM PST @madscrappers
https://www.irs.gov/taxtopics/tc152
Federal and state refunds come from completely separate entities. There is no rule as to which one will come in first or how long it will be between...
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https://www.irs.gov/taxtopics/tc152
Federal and state refunds come from completely separate entities. There is no rule as to which one will come in first or how long it will be between their arrival in your account.
TurboTax gives you an estimated date for receiving your refund based on a 21 day average from your date of acceptance, but it can take longer. “21 days” is not a promise from TurboTax or the IRS.
First, check your e-file status to see if your return was accepted:
https://turbotax.intuit.com/tax-tools/efile-status-lookup/
Once your federal return has been accepted by the IRS, only the IRS has any control. TurboTax does not receive any updates from the IRS. Your ONLY source of information about your refund now is the IRS.
You need your filing status, your Social Security number and the exact amount (line 35a of your 2024 Form 1040) of your federal refund to track your Federal refund:
https://www.irs.gov/refunds
To track your state refund:
https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-refund/track-state-refund/L3jgO8PGs_US_en_US?uid=lt447ebr
If you chose to have your TurboTax fees deducted from your federal refund, that will take some extra time, while the third party bank handles the refund processing
https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-refund/refunds-take-longer-others/L14YlqFrH_US_en_US?uid=lexdr7zh
.
https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-refund/irs-refund-taking-longer-21-days/L2vRAJbdU_US_en_US?uid=lexe7lst
Thanks Vanessa. 23, student for 5 months, and technically didn't pay her own support. If I still file MFJ, will the parents be assessed a penalty? Trying to avoid.
Standard Deduction for tax year 2024 is
Single 14,600
Married Filing Jointly 29,200
Married Filing Separately 21,900
Are your Itemized Deductions more than the Standard Deduc...
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Standard Deduction for tax year 2024 is
Single 14,600
Married Filing Jointly 29,200
Married Filing Separately 21,900
Are your Itemized Deductions more than the Standard Deduction?
Is your state tax paid being limited to 10,000?
Are you filing as a Dependent?
To get a simplified foreign tax credit, the IRS is quite clear that you don't have to fill out Form 1116 if you paid taxes to a foreign country on a passive investment reported to you on a 1099-DIV a...
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To get a simplified foreign tax credit, the IRS is quite clear that you don't have to fill out Form 1116 if you paid taxes to a foreign country on a passive investment reported to you on a 1099-DIV and your total foreign taxes paid is under $300. But Turbotax won't let you do this! TT insists instead on forcing taxpayers to file the unnecessary and complex Form 1116 and then gets the form wrong because TT doesn't provide enough decimal places for the calculation on line 19. It comes out to me as .0000. Which is 0. So no credit. If there were just one more decimal place allowed, I could get my tax credit. The only workaround solution -- which I've found and I hate -- is to lie to the IRS and artificially increase the supposed foreign income earned just to make that .0000 go to .0001. Then TT gives you your credit that you should have gotten all along without even needing Form 1116. I guess lying to the IRS isn't terrible when 1) I can prove that 1) The actual credit received is the right one I could have gotten if I hadn't filed 1116, and 2) I can also prove that Turbotax (online 2024 version) REQUIRES taxpayers to lie to the IRS to get the proper credit. Still I hate to do this and I'm posting this here so if I ever get audited, I can prove that it is entirely Turbotax's fault for forcing taxpayers to lie on an unnecessary form to get the proper credit. If anyone knows how I can get the proper credit in Turbotax without filing Form 1116 (as is allowed by the IRS Form Instructions for Form 1116 in my case) or lying to the IRS, please let me know. Otherwise I have to tell the IRS that Turbotax forced me to lie. And I really really don't want to do that.
TurboTax does not have a copy of your W-2. Your best bet is to ask your employer or payroll department for another copy of your W-2.
Here are some more options:
Order a copy from the Socia...
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TurboTax does not have a copy of your W-2. Your best bet is to ask your employer or payroll department for another copy of your W-2.
Here are some more options:
Order a copy from the Social Security Administration. It's free if you need it for Social Security-related reasons, otherwise, it's $62 per request.
Order a full copy of your return from the IRS for $30, which will also include your W-2.
Wage and income transcripts are available from the IRS free of charge. They're not exact copies, but they contain everything on your W-2, except the state and local information.
We can help you file by mail, but did you correct the error that caused the rejection?
Go back into the FILE process.
As you go through the interview it will offer the Mail your return op...
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We can help you file by mail, but did you correct the error that caused the rejection?
Go back into the FILE process.
As you go through the interview it will offer the Mail your return option.
This will offer a cover sheet and all the forms required to file the return.
Your Federal tax return goes to a different location depending on the state that you live in. See this list to determine the location for you.
Where to File Paper Tax Returns (irs.gov)
If she earned $70,000, how old is she, was she a student for 5 months of the year?
Did she provide over half of her own support for the year?
It is unlikely having earned that much that she...
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If she earned $70,000, how old is she, was she a student for 5 months of the year?
Did she provide over half of her own support for the year?
It is unlikely having earned that much that she qualifies as a dependent on her parents return.
The person who earns the income is always the person who pays the taxes on that income.
Yes, you can file jointly, however, if you do, and her family already claimed her then you will need to print and mail your return or request an IP PIN to e-file.
If the taxpayer is the borrower or the co-signor on the loan and makes the loan payments, he can deduct the student loan interest on form 1098-E.
Please read this IRS document on the student lo...
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If the taxpayer is the borrower or the co-signor on the loan and makes the loan payments, he can deduct the student loan interest on form 1098-E.
Please read this IRS document on the student loan interest deduction.
That should have been reported on Form 1099-R (Not CSA-1099-R) so please select
"Form 1099-R, withdrawal of money from 401(k) retirement plans, pensions, IRAs, etc."
You can use the IRS website ID.me to request it.
This IRS issued PIN is 6 digits long.
Your signature ID (also called a self-select PIN) is a random 5-digit number you entered last year, righ...
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You can use the IRS website ID.me to request it.
This IRS issued PIN is 6 digits long.
Your signature ID (also called a self-select PIN) is a random 5-digit number you entered last year, right before you submitted your return.
Q, Do I need to report excess financial aid if I never received a 1098-T from my college?
A. Yes.
Q. In 2024, I made over 30k in income. Am I still required to file taxes to report my excess...
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Q, Do I need to report excess financial aid if I never received a 1098-T from my college?
A. Yes.
Q. In 2024, I made over 30k in income. Am I still required to file taxes to report my excess financial aid?
A. Yes. At $30K income, you are already required to file. You are now required to add the taxable portion of the scholarship to your tax return.
Q. If so, how would I even input this into TurboTax without a 1098-T form?
A. Enter at Educational Expenses and Scholarships, under Deductions and credits (not the income section).
After answering no to having a 1098-T, answer yes to qualifying for an exception (that gets you to the entry screens). Then follow the interview*. Enter the scholarship amount and all your off setting expenses (tuition, fees, books and a computer, if you bought one). Room & board are not qualified expenses.
This will put the taxable scholarship amount on line 8r of Schedule 1 (this line was added in 2022).
*Alternatively, there is a short cut. If you already know the taxable amount, enter a 1098-T with the taxable amount in box 5 and box 1 blank. Enter no other numbers. The "fake" 1098-T is not sent to the IRS.
Once you submit your return in TurboTax Online, you'll see its status on the Tax Home screen of your account.
We'll also send you emails letting you know when your e-file status changes.
...
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Once you submit your return in TurboTax Online, you'll see its status on the Tax Home screen of your account.
We'll also send you emails letting you know when your e-file status changes.
If your taxes are Accepted it is a good thing.
It means that their were no technical errors like Social Security Numbers that were wrong.
It also means that TurboTax does not have any control of your return.
If you are being told that it's still in process, the IRS has not finished checking it out.
The IRS has stated that the typical time to process a tax return is 21 days, but there may be delays for many reasons.
TurboTax can only project the time to get your refund. The IRS has the real control.
You can check the status of your tax return. You will need:
Social Security Number.
Tax return year.
Hilling Status.
Exact refund amount
Please click here to enter your information Check Your Refund .
If you wish to contact the IRS, you can call toll-free at 800-829-1040
You can also Check your State Refund.
