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a month ago
You can only deduct up to $2,500 of student loan interest from your taxable income. If the form shows at least that much, enter it on your taxes. If the 1098-E shows less than that, enter the full $2...
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You can only deduct up to $2,500 of student loan interest from your taxable income. If the form shows at least that much, enter it on your taxes. If the 1098-E shows less than that, enter the full $2,500 and keep your paper trail of bills paid and your log of calls for backup.
Be sure it is just the interest paid and not the principal and interest you are claiming.
a month ago
I haven't gotten into the form that much yet but are you saying that the 3115 in TT Business for Sub S has a place to enter each asset separately?
a month ago
You can enter multiple Forms 1099-SA following the instructions listed below.
Click on Search in the upper right of your TurboTax screen:
Type "1099-SA" in the search box
Click on the lin...
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You can enter multiple Forms 1099-SA following the instructions listed below.
Click on Search in the upper right of your TurboTax screen:
Type "1099-SA" in the search box
Click on the link that says "Jump to 1099-SA"
Your TurboTax screen will say, "Select the health-related accounts you had in 2025"
Click on the type of account you had and click on "Continue"
The next screen is your 1099-SA Summary. Click on "Add" in blue to add an additional Form 1099-SA.
If this does not work for you then delete your first Form 1099-SA that you entered and then re-enter it. Customers are reporting that this worked when they could not add a form using the add button. It resets the program and then the add button works.
Click here for Where do I enter Form 1099-SA?
Please return to Community if you have any additional information or questions and we'd be happy to help.
a month ago
In the My Info section of the program, when entering your personal information you should have selected Married and that you will be filing the tax return with your spouse (MFJ). If you did this, th...
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In the My Info section of the program, when entering your personal information you should have selected Married and that you will be filing the tax return with your spouse (MFJ). If you did this, then in every income section of the TurboTax program, you will be asked who the income or form belongs to, By Name.
Check your information in My Info.
a month ago
Thank you for your response. You are correct, my Medicare start date was June 1, 2025 and I had single insurance coverage. I received varying responses about how the excess would be calculated and I ...
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Thank you for your response. You are correct, my Medicare start date was June 1, 2025 and I had single insurance coverage. I received varying responses about how the excess would be calculated and I did, unfortunately, withdraw the actual amount of contributions from June through December. So, using the 5/12's method the withdrawal should have been $1591.69. Using the actual contribution method, which is what I used, the withdrawal amount was $1811.55. I made a whopping $34.37 in interest income. Also, your answer says to be sure to say I didn't have qualifying insurance for the full year. Won't this get me in trouble with the Insurance Marketplace police? If the answer to that is no, then I assume I choose none for the months of June through December?
a month ago
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a month ago
see https://ttlc.intuit.com/community/taxes/discussion/re-import-from-charles-schwab-success-we-got-your-tax-data-you-can-now-return-to-turbotax-but-no/01/3778079#M1404171
a month ago
Go ahead and scroll down and click Continue. Once you get through all of the subsections in Uncommon Tax Situations, the message should disappear. The message will not prevent filing, and at the...
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Go ahead and scroll down and click Continue. Once you get through all of the subsections in Uncommon Tax Situations, the message should disappear. The message will not prevent filing, and at the end of that section, you will run the Federal Review to verify this. Let us know if the message is preventing a successful tax return check.
a month ago
We at Intuit TurboTax want our users to be completely delighted with their experience using our products and services, and successful in their financial lives and businesses. Once you file your re...
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We at Intuit TurboTax want our users to be completely delighted with their experience using our products and services, and successful in their financial lives and businesses. Once you file your return, as long as the settings to receive communication from Intuit don’t block it, you will see a pop-up message or receive an email with a survey asking you about your experience. We encourage you to leave your notes and comments there. “Voice of the Customer” notes and comments are read and acted upon. If you are using TurboTax Desktop, you can also leave feedback at the Final Steps tab.
a month ago
Let's see if you tried the following avenue for assistance. The link will get you started with the process for the assistance you need.
Use the link below to contact us regarding your questions.
...
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Let's see if you tried the following avenue for assistance. The link will get you started with the process for the assistance you need.
Use the link below to contact us regarding your questions.
How do I contact TurboTax?
a month ago
Topics:
a month ago
@xpatrick22 wrote: .....there are also people who need to pay asap to avoid paying interest on tax owed. No one needs to file a return to avoid paying interest on taxes owed. Taxpayers can ma...
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@xpatrick22 wrote: .....there are also people who need to pay asap to avoid paying interest on tax owed. No one needs to file a return to avoid paying interest on taxes owed. Taxpayers can make a payment to the IRS at any time in order to avoid penalties and interest. Further, there's no need to file on or before April 15th since a 6-month extension to file is automatic (Form 4868); payment only needs to be made prior to the official deadline.
a month ago
No, you don't need to upgrade. You can deduct alimony payments paid to your former spouse if your divorce or separation agreement was finalized before to January 1, 2019. To enter those payments:...
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No, you don't need to upgrade. You can deduct alimony payments paid to your former spouse if your divorce or separation agreement was finalized before to January 1, 2019. To enter those payments: Go to Deductions & Credits Section Scroll down to Other Deductions and Credits Select Alimony Paid. For more information, refer to the TurboTax articles and Can I deduct alimony I paid to my ex-spouse? and Video: Tax Tips for Divorced Couples.
a month ago
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a month ago
How can I submit the 1099-MISC if I don't know why I received the form?
Topics:
a month ago
When you are entering income on a joint return, every income entry screen will either have a spot with both spouse’s names there, or when you click to enter a W-2, 1099R, etc. it will ask you by name...
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When you are entering income on a joint return, every income entry screen will either have a spot with both spouse’s names there, or when you click to enter a W-2, 1099R, etc. it will ask you by name which spouse it is for. You do not have to wait for the software to “ask” you for your spouse’s income. Go to the screens to enter your spouse’s W-2’s, 1099’s, etc. just like you did for your own income. Then look for your spouse’s name there.
a month ago
These instructions do not work. I tried entering IP PIN, IP, and PIN into the search in TT Premier 2025 and it did not return any results. I pulled up the form (Info Wks) and saw where the IP PIN g...
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These instructions do not work. I tried entering IP PIN, IP, and PIN into the search in TT Premier 2025 and it did not return any results. I pulled up the form (Info Wks) and saw where the IP PIN goes and entered it onto the form itself so hope it goes through this time because, even though I entered a five-digit number for both my husband and me, the return was rejected twice. UPDATE: Third's time's the charm. Once I opened the Info Wks form and added the 6-digit IP PIN for both my husband and me as well as the 5-digit individual Pin, the 1040 was accepted by the IRS. It may be that if you signed up for the IP PIN on the IRS site, you have to include it on the Info Wks form when you eFile the taxes. Not intuitive.
a month ago
It depends upon the nature of the sales activity. It would be helpful to know how the income was reported on the 2024 income tax return.
Are you:
reporting the income and expense as s...
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It depends upon the nature of the sales activity. It would be helpful to know how the income was reported on the 2024 income tax return.
Are you:
reporting the income and expense as self-employment income on Schedule C?
reporting the income as personal item sales on Schedule D of the Federal 1040 tax return?
reporting the income as hobby income on Schedule 1 as activity not engaged in for profit?, or
are you reporting the income in some other way?
IRS form 1099-K is an input form. How the income (and expense) is reported depends upon the nature of the income, not the input form.
Please clarify and someone will be able to assist you.
a month ago
filing jointly but don't see where I owe my spouse
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