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I suggest you report the correct inventory on your 2025 tax return. OR your 2024 tax return if you are amending anyway for some other reason.   @sept031989   
If there are no numbers in Part III of the K-1 form then there is nothing to report on your tax return anyway.  You wouldn't be able to amend the return with zeroes.   @Starseeds2002 
You will need to contact the IRS for information. It might be easiest to set up an account with them.   IRS Individual Online Account   Taxpayers with a Social Security number or an Individual Ta... See more...
You will need to contact the IRS for information. It might be easiest to set up an account with them.   IRS Individual Online Account   Taxpayers with a Social Security number or an Individual Taxpayer Identification Number can create or access their IRS Individual Online Account to get information they need to file their return. With an IRS Individual Online Account, people can: View balance owed, payment history and schedule payments. Cancel scheduled payments. Get transcripts. View or create payment plans. See digital copies of some IRS notices. View key data from their most recently filed tax return, including adjusted gross income. Validate bank accounts and save multiple accounts, eliminating the need to re-enter bank account information every time they make a payment. View, approve and electronically sign power of attorney and tax information authorizations from their tax professional. 
I already amended my 2023 tax once but now I realized another mistake which associate with my 529 withdraw. Can I amend the 2023 tax again? Since there is no sheet of detailed calculation on the spe... See more...
I already amended my 2023 tax once but now I realized another mistake which associate with my 529 withdraw. Can I amend the 2023 tax again? Since there is no sheet of detailed calculation on the spending of 529 fund attached to the original tax form, I cannot tell where is the problem which led to an additional income from "excessive withdraw". But, I can show the calculation that I actually withdraw less than what I can. The question is how to make the amendment to show the correct calculation and what forms need to be modified in order to make the tax amendment. 
it say refund was sent to my bank on March 05, 2025 for direct deposit. Called my bank and they still don’t see it ??
So does that mean that I would need to pay for a TurboTax desktop version first?  I would prefer to first go through amendment calculations using TurboTax to determine that it's actually worth filing... See more...
So does that mean that I would need to pay for a TurboTax desktop version first?  I would prefer to first go through amendment calculations using TurboTax to determine that it's actually worth filing an amendment to get some additional refund back. What if the difference is negligible, and it's not worth buying a desktop version? Is there a way in TurboTax to run through calculations first before spending any money?
Hey Dawn, in my original post I meant that the 156 individual options contracts are not listed on my tax return with the exception of one 1256 contract being listed on the return. So is that ok?
Thank you!  I do owe quite a bit for the Premium Tax Credit.  Should I simply pay that now or would that just confuse the IRS since I've paid all other taxes owed?  So for example, let's say I owed $... See more...
Thank you!  I do owe quite a bit for the Premium Tax Credit.  Should I simply pay that now or would that just confuse the IRS since I've paid all other taxes owed?  So for example, let's say I owed $40,000 (and paid it) on the 1040 that was filed and accepted but without the 8962.  Then I added the 8962 in TT and owed another $10,000.  If I make that $10,000 payment what will the IRS do with it since there is no 8962 and an updated page 2 of the 1040 that shows the additional $10,000 for  PTC?
I don't see anything that matches my situation on amending a return.
Both California and New York use your total income to figure the tax for you as a resident or non-resident.     So since the only reason you are amending is because you are changing your federal ... See more...
Both California and New York use your total income to figure the tax for you as a resident or non-resident.     So since the only reason you are amending is because you are changing your federal residence status then you won't need to amend NY or CA because unless your actual income changes they have already figured your tax based on the original information you entered.     @user123450 
Hello! I received a K1 1041 from a Trust a couple days before tax filing and after I already filed. This was from a trust that I received no money from but was originally a beneficiary. I signed the... See more...
Hello! I received a K1 1041 from a Trust a couple days before tax filing and after I already filed. This was from a trust that I received no money from but was originally a beneficiary. I signed the money over to a family member, and I never received or touched any of the funds. I am unclear as to whether I need to amend my tax forms with any possible information from this K1 or whether I can just keep the form as a record. In section G, it reads under my name and address "No reportable amounts beneficiary [Number]."   Any guidance would be most appreciated!
Thanks again! When it comes to state taxes, I had to submit taxes for CA and NY. Would I need to amend my state taxes considering the following? 1) CA taxes: I wasn't a resident in CA, so I included... See more...
Thanks again! When it comes to state taxes, I had to submit taxes for CA and NY. Would I need to amend my state taxes considering the following? 1) CA taxes: I wasn't a resident in CA, so I included that information when filing with turbotax and turbotax told me I'd life as a non-resident. Does that mean that I'd have to amend my taxes? I'm not sure if Turbotax and Sprintax provide different tax forms for state taxes 2) I was assigned as a part-time NY resident by turbotax. In that case, would I have to submit an amendment?
Yes, I cannot download or the depreciation worksheet.
Why do you think there is a mistake?   Did you receive a notice or did your return get rejected?   If it was rejected, what was the reject code?  
You sure can. If you want to make changes or add a document to a tax return that has already been filed and accepted by the taxing agency, you should follow these guidelines.    You must first wai... See more...
You sure can. If you want to make changes or add a document to a tax return that has already been filed and accepted by the taxing agency, you should follow these guidelines.    You must first wait until the initial return is completely processed. You will have to use the same TurboTax account that you used for the original tax return. Once you begin your amendment, you'll see your original return. The refund calculator will start new at $0 and only reflect the changes in the refund or tax due Only make changes to the areas of your return that need to be corrected. You have three years from the date you filed your return or two years after you paid the tax due (whichever is later) to file an amendment Select your product below and follow the instructions.  Amend TurboTax Online  Amend TurboTax CD/Download 
You will need to download the 2022 TurboTax Program and then you would get one free state and have to pay for the additional states.  Yes TurboTax can do multiple states.  The price would depend on t... See more...
You will need to download the 2022 TurboTax Program and then you would get one free state and have to pay for the additional states.  Yes TurboTax can do multiple states.  The price would depend on the return complexity.  You can click below to see the download options.  TurboTax Previous Years
If the -3,241 Loss is already on your return, you don't need to amend.   You said in the original post that they were not included on your tax return, but then you say the loss was recorded.      ... See more...
If the -3,241 Loss is already on your return, you don't need to amend.   You said in the original post that they were not included on your tax return, but then you say the loss was recorded.      Are you talking about 1256 contracts?   Those get entered in the Contracts and Straddles section of TurboTax.     
2024 return there a w-2 missing
@riadassi    A lot of things affect the amount of tax that you owe. You can't rely on that to indicate whether you are getting the foreign earned income exclusion. You have to see if Form 2555 is... See more...
@riadassi    A lot of things affect the amount of tax that you owe. You can't rely on that to indicate whether you are getting the foreign earned income exclusion. You have to see if Form 2555 is included in your tax return, and whether the exclusion appears on Schedule 1 line 8d. Note that the foreign earned income exclusion excludes the income only from income tax. Since you are self-employed, you still have to pay self-employment tax. Depending on other things in your tax return, it's possible that the amount you owe is just self-employment tax. That could be why the exclusion does not change the amount that you owe. Your income tax is on Form 1040 line 16. Self-employment tax is on Schedule 2 line 4, and is included in the amount on Form 1040 line 23.  
What is the mistake in my 2024 1040-SR?