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October 16, 2025
3:10 PM
October 16, 2025
3:06 PM
This year I sold off 30K of a stock ETF (that appreciated about 10K from when I first bought it a few years ago). I then quickly reinvested the proceeds into a bond ETF. Does the full 30K proceeds of...
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This year I sold off 30K of a stock ETF (that appreciated about 10K from when I first bought it a few years ago). I then quickly reinvested the proceeds into a bond ETF. Does the full 30K proceeds of the sale still count as 'income' that will raise my tax bracket and reduce my Covered CA health care benefits? Or perhaps do only the 10K capital gains count as 'income'? Or does it not count as ANY 'income' because I reinvested it all?
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October 16, 2025
3:05 PM
How do you treat a partial sale of depreciable asset in turbo tax? Sold 50% of asset within 1 year - do not see where to enter that information for sale and depreciation. 1st year depreciation was t...
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How do you treat a partial sale of depreciable asset in turbo tax? Sold 50% of asset within 1 year - do not see where to enter that information for sale and depreciation. 1st year depreciation was taken
October 16, 2025
3:05 PM
Thank you for your reply! I am the custodial parent, we are never married and live in separate households, only 1 very young child, and our court order allows for alternating tax years. At this point...
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Thank you for your reply! I am the custodial parent, we are never married and live in separate households, only 1 very young child, and our court order allows for alternating tax years. At this point the other non-custodial parent has been the only one who has claimed our child and there had never been any issues until this tax year. I have a Tax Preparer so I’m assuming they automatically filed the Form 8332. But I filed my taxes before the other parent this year as Head of Household but did not claim our child as a dependent. I was told it wouldn’t affect the other parents taxes so I’m not sure if it actually did affect it or if there is another reason why they received an error.
October 16, 2025
3:01 PM
1 Cheer
TurboTax can’t help because it only prepares returns. . Unfortunately the tax Advocate Service of the IRS is closed because of budget cuts so you have to keep contacting the IRS.
October 16, 2025
2:55 PM
This question applies to TY2024 desktop software for windows, specifically the Illinois state tax return. In past years the documentation package that the software creates for submission to the Sta...
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This question applies to TY2024 desktop software for windows, specifically the Illinois state tax return. In past years the documentation package that the software creates for submission to the State contains the following (in sequence): TYxxxx Form IL-1040 various schedules& worksheets A copy of the corresponding federal Form 1040 I have just completed my TY2024 Fed & State returns. The Illinois state package contains the following: TY2024 Form IL-1040 various schedules & worksheets A duplicate of the TY2024 IL-1040 instead of the federal Form 1040 The package is the same for both the saved PDF version and the version created if I request print directly from the "Print" button on the final TurboTax screen)
October 16, 2025
2:46 PM
Are you the custodial parent? Do you have an agreement with the other parent to allow the other parent to claim them--due to divorce or that you live apart and share custody? Did one of you sign a ...
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Are you the custodial parent? Do you have an agreement with the other parent to allow the other parent to claim them--due to divorce or that you live apart and share custody? Did one of you sign a Form 8332?
If there is a signed 8332 then the custodial parent retains the right to file as Head of Household, get earned income credit and the childcare credit. The non-custodial parent gets the child tax credit for children under the age of 17. If the child is 17 or older the non-custodial parent gets the $500 credit for other dependents.
If you and the other parent have a signed agreement, you need to indicate in MY INFO that you have such an agreement.
As far as the IRS is concerned, the custodial parent is the one with whom the child spent the most nights during the tax year--at least 183 nights.
If you are a non-married couple who live together with your child, then only one of you can claim the child(ren) and the one not claiming the child does not enter anything at all on their tax return about the child. The “sharing” of child-related credits you may have heard about is only possible between divorced or never married parents who live apart and share custody and who have a written agreement to share the credits. The child’s SSN can only be entered on one tax return. Any other return with the child’s SSN on it will be rejected. If you are a family, then work out how to share the refund between yourselves.
October 16, 2025
2:41 PM
I am the residential parent and it is the other parents year to claim our child for the 2024 tax year. I completed my taxes first as Head of Household and the other parent tried to claim our child as...
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I am the residential parent and it is the other parents year to claim our child for the 2024 tax year. I completed my taxes first as Head of Household and the other parent tried to claim our child as a dependent but received an error of some sort stating someone else claimed our child. Did this happen because I filed first as head of household or is it a separate possibility? I spoke with the IRS and there was no flag/fraud tied to my child’s SSN. (Both parents are not together, never married and do not live together)
October 16, 2025
2:39 PM
Thanks for posting your question and for all the great responses! I had my audit defense accidentally cancelled and couldn't repurchase the product thru Turbotax again because it still said I had th...
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Thanks for posting your question and for all the great responses! I had my audit defense accidentally cancelled and couldn't repurchase the product thru Turbotax again because it still said I had the support, and I came across this thread while trying to figure out how to purchase it again online. Thanks for clarifying the annual versus long term support and that it was changed for 2023 and 2024! I talked to Audit Defense and they confirmed that my 2023 audit defense had expired but everything before that was long term support. I made sure to buy both 2023 and 2024 support! It is definitely a better deal to get the product through Audit Defense for price and length of support. You are correct, Turbotax doesn't really make that clear when you spend $60 on Audit Defense that it expires. I'll just need to remember NOT to purchase it through Turbotax next year! Best regards, Joanne L
October 16, 2025
2:32 PM
Hi @mmbodajlo Are you using TurboTax Desktop or Online? For Online, go to your Tax Home and scroll down to "Your tax returns and documents". See this article for more and for Desktop: How do I view...
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Hi @mmbodajlo Are you using TurboTax Desktop or Online? For Online, go to your Tax Home and scroll down to "Your tax returns and documents". See this article for more and for Desktop: How do I view, download, or print a prior-year tax return?
October 16, 2025
2:25 PM
When using the TurboTax online editions click on My Info on the left side of the online program screen.
On the screen where the question is asked for your resident state, on the dropdown scroll to ...
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When using the TurboTax online editions click on My Info on the left side of the online program screen.
On the screen where the question is asked for your resident state, on the dropdown scroll to the bottom of the list and select Foreign or US Possession.
October 16, 2025
2:24 PM
Hi @user17605482386 Be sure you're in the account you used to file, use your email address to see your User Ids: I need help signing in to my Intuit Account Once you're in the correct account, be ...
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Hi @user17605482386 Be sure you're in the account you used to file, use your email address to see your User Ids: I need help signing in to my Intuit Account Once you're in the correct account, be on the Tax Home tab. Scroll down to the bottom of Tax Home to find previous "Your tax returns and documents". From there you can navigate to the year you're looking for.
October 16, 2025
2:22 PM
Did you e-file your tax return and was it accepted? Only the IRS and your State control when and if a Federal or State tax refund is Approved and Issued.
You complete your tax return by finish...
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Did you e-file your tax return and was it accepted? Only the IRS and your State control when and if a Federal or State tax refund is Approved and Issued.
You complete your tax return by finishing all 3 Steps in the File section. In Step 3, to e-file your tax return, you must click on the large button labeled "Transmit my returns now".
After completing the File section and e-filing your tax return you will receive two emails from TurboTax. The first email when your tax return was transmitted and the second email when the tax return has either been accepted or rejected.
Note - Once a tax return has been Accepted by the IRS or a State, TurboTax receives no further information concerning the tax return or the status of any tax refund. Only the taxpayer listed on the tax return can obtain the status of a tax refund or a tax return.
To check the status of an e-filed return, open up your desktop product or log into your TurboTax Online Account. You can find your status within the TurboTax product. If accepted by the IRS use the federal tax refund website to check the refund status - https://www.irs.gov/refunds
If accepted by the state use this TurboTax support FAQ to check the state tax refund status - https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-refund/track-state-refund/L3jgO8PGs_...
After the tax return has been Accepted by the IRS (meaning only that they received the return) it will be in the Processing mode until the tax refund has been Approved and then an Issue Date will be available on the IRS website.
Call the IRS: 1-800-829-1040 hours 7 AM - 7 PM local time Monday-Friday
Or you can contact your local IRS office. See this IRS website for local IRS offices - http://www.irs.gov/uac/Contact-Your-Local-IRS-Office-1 or call 1-844-545-5640 to set up an appointment
You may want to contact a Taxpayer Advocate in your area. See this IRS website for Taxpayer Advocate - https://www.taxpayeradvocate.irs.gov/ or call 1-877-777-4778
October 16, 2025
2:18 PM
Hi @moomoov If you're using Online, make sure you're in the correct account to get the "Download PDF" option. Check out this article for troubleshooting steps for Desktop if you haven't already: Ho...
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Hi @moomoov If you're using Online, make sure you're in the correct account to get the "Download PDF" option. Check out this article for troubleshooting steps for Desktop if you haven't already: How do I fix issues while printing my return?
October 16, 2025
2:17 PM
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October 16, 2025
2:16 PM
@KirstenWheat This is an old thread that has had no activity since 2021 and some things have changed. As for the current tax implications of working in AL and living in TN----TN has no state income...
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@KirstenWheat This is an old thread that has had no activity since 2021 and some things have changed. As for the current tax implications of working in AL and living in TN----TN has no state income tax at all. If you live in TN but work in AL you need to file a non-resident state return for AL.
October 16, 2025
2:12 PM
Hi @JURISREC Were you able to save and print your file? If not, check out this article for troubleshooting steps: How do I fix issues while printing my return?
October 16, 2025
2:08 PM
Hi @steveenolan24 & @DoninGA Make sure you're within the account you used to file your return in to see the Download PDF option. It's possible you logged into an account where you were testing but ...
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Hi @steveenolan24 & @DoninGA Make sure you're within the account you used to file your return in to see the Download PDF option. It's possible you logged into an account where you were testing but didn't file. Use Account Recovery and your email to view your User Ids options: myturbotax.intuit.com/account-recovery
October 16, 2025
1:49 PM
Call the IRS at 800-829-1040. They will contact the employer. For more information go to the following link on the IRS web site. (The IRS is still working during the government shutdown.)
If you ...
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Call the IRS at 800-829-1040. They will contact the employer. For more information go to the following link on the IRS web site. (The IRS is still working during the government shutdown.)
If you don’t get a W-2 or your W-2 is wrong
If you end up needing to file Form 4852, you can prepare it in TurboTax and it will be included in your tax return. You do not have to use the Form 4852 that the IRS sends you.