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To pay your taxes with a credit/debit card, you have to do it through a a third-party payment processor.  The processor charges a convenience fee.  To do this, go to the IRS Pay Your Taxes by Debit o... See more...
To pay your taxes with a credit/debit card, you have to do it through a a third-party payment processor.  The processor charges a convenience fee.  To do this, go to the IRS Pay Your Taxes by Debit or Credit Card site, choose a payment processor, and pay your tax bill there.   How can I pay my federal taxes?
My parents no longer claim me as a dependent, but I think they did last year during the semester that tuition was paid. Box 1: $14,607.00 Box 5: $17,382.00 Edit: Just confirmed that they did in fa... See more...
My parents no longer claim me as a dependent, but I think they did last year during the semester that tuition was paid. Box 1: $14,607.00 Box 5: $17,382.00 Edit: Just confirmed that they did in fact claim me as a dependent last year.
Required Minimum Distribution (RMD) rules apply to 401(a) plans. An RMD is simply the minimum amount that an employee must withdraw annually in retirement. RMDs begin when someone reaches age 73* and... See more...
Required Minimum Distribution (RMD) rules apply to 401(a) plans. An RMD is simply the minimum amount that an employee must withdraw annually in retirement. RMDs begin when someone reaches age 73* and is no longer working for that employer.   An individual must ensure they're withdrawing their full RMD; there are penalties for not doing so. In most cases, the retirement plan administrator will inform the employee what their RMDs are.  You do not have to report that it is a 401A on your tax return.  
They must report the correct amount of sales even if it does not agree with the reporting form. Also, they should maintain their own record of sales to substantiate the sales entry on their tax retur... See more...
They must report the correct amount of sales even if it does not agree with the reporting form. Also, they should maintain their own record of sales to substantiate the sales entry on their tax return. It sounds like you may have done that for the $200,000, and if so that is what should be entered on the tax return.
If you drove your vehicle at least 200 miles for Uber Eats you would have $134 of automobile expense and your net income would be $399.  Since your self-employment income is less than $400 you wouldn... See more...
If you drove your vehicle at least 200 miles for Uber Eats you would have $134 of automobile expense and your net income would be $399.  Since your self-employment income is less than $400 you wouldn't owe any self-employment tax and your overall income is well below the filing threshold, so you don't need to file a tax return.   
Are you referring to the screen What kind of retirement plan do you have?   If so, military retirement plans are non-qualified plans.  
If there is no reportable income, you do not have to enter the information on your tax return.  
I filed my Federal Return which has been accepted. Now I cannot get the option back to file my NY state return electronically. How can I file my NY state return electronically?  
This was so extremely not helpful!
I suggest viewing the following TurboTax link and view the solution offered by DJ327. This is a long process but users seemed to be able to resolve this issue by going through the series of steps. 
There seems to be a serious error in TURBOTAX related new york state subtractions for New York State subtractions: in a MFJ filing, one individual can deduct up to $20,000 of retirement income from... See more...
There seems to be a serious error in TURBOTAX related new york state subtractions for New York State subtractions: in a MFJ filing, one individual can deduct up to $20,000 of retirement income from RMD that is not NYstate pension, but the second individual has no way of subtracting similar amounts as the law permits. Is there a remedy for this glitch?  
The Kentucky 3-year Recovery rule you're referring to is likely related to the federal provision for qualified disaster recovery distributions? Let me know if that's not what you are referring to. ... See more...
The Kentucky 3-year Recovery rule you're referring to is likely related to the federal provision for qualified disaster recovery distributions? Let me know if that's not what you are referring to.   If you took a lump sum payment from a retirement account and it qualifies as a "qualified disaster recovery distribution," you might be eligible to spread the income inclusion over a 3-year period for federal tax purposes. To qualify, the distribution must be related to a federally declared disaster. If it does qualify, you can choose to include the distribution in your gross income ratably over three years, unless you elect otherwise. Additionally, you have the option to repay the distribution to an eligible retirement plan within three years, which can help you avoid taxes on the distribution.   For Kentucky state taxes, you would generally follow the federal treatment of such distributions. However, it's important to check if Kentucky has any specific provisions or deviations from the federal rules regarding disaster recovery distributions. If you're unsure whether your distribution qualifies, it might be helpful to review the specific circumstances of your distribution and any related disaster declarations.
The "if required" part is maybe where I'm tripped up. And this may be a subjective question, but based on anyone's experience and expertise... Is it worth the hassle to me and to that state to go b... See more...
The "if required" part is maybe where I'm tripped up. And this may be a subjective question, but based on anyone's experience and expertise... Is it worth the hassle to me and to that state to go back and file returns for the last several years? Is that still called "amending" the return if I never filed one in the first place? What factors could help determine if it's worth doing this? And I would then also need/want to amend the returns for my home state as well for each of those years?  
My friend has installed solar pannels and financed it.  The principal is 44475.00 She is paying on a monthly instalment  Does she qualify for home enegy credits? If I enter the total amount financ... See more...
My friend has installed solar pannels and financed it.  The principal is 44475.00 She is paying on a monthly instalment  Does she qualify for home enegy credits? If I enter the total amount financed of course Turbo Tax show a 7500 credit, but I am not sure if this is correct since she has not paid the full amount yet.  Does she still qualify for this credit? Thanks my phone is [phone number removed] or email me at [email address removed] Thank you
My brother fills out all the information on each of the 11 rentals. The trust pays the bills. We never get payouts, since no profit each year. Why do I need to duplicate what he reports? I have never... See more...
My brother fills out all the information on each of the 11 rentals. The trust pays the bills. We never get payouts, since no profit each year. Why do I need to duplicate what he reports? I have never had to for the last 7 years,
I received a check for a Gross Settlement amount of $2,510.03. Wages were$1,226.17, 1099 MISC were $1,2510.03. Total deductions were $503.34 and Net Wages were $722.83. Were do I submit this informat... See more...
I received a check for a Gross Settlement amount of $2,510.03. Wages were$1,226.17, 1099 MISC were $1,2510.03. Total deductions were $503.34 and Net Wages were $722.83. Were do I submit this information?
For prior years you have to buy the Desktop program.  You can only buy the download for prior years.  You have to buy a separate program for each year.  They only sell the last 3 years.  You need a f... See more...
For prior years you have to buy the Desktop program.  You can only buy the download for prior years.  You have to buy a separate program for each year.  They only sell the last 3 years.  You need a full Windows or Mac computer to install it on.  Buy the download here      https://turbotax.intuit.com/personal-taxes/past-years-products/   If you don't have the original Turbo Tax  .tax file you have to first recreate the actual wrong original return.  You can use the Forms Mode.  Then when it matches each line that you really filed you have to tell Turbo Tax you will mail it so it thinks it was filed.  Then you can amend it.  You will have to print and mail amended returns.   The how to amend it.   If you don't see a button for Need to Amend a Filed Return? on your home screen then you can get to it here. Go to: Federal Taxes -or- Personal (for H&B) Other Tax Situations last section, Other Tax Forms Amend A Return - Click the Start or Update button    
Qualified education expenses paid by someone else are considered to have been paid by you or your parent if you are claimed as a dependent.  Let us know your situation and the amount in boxes 1 and 5... See more...
Qualified education expenses paid by someone else are considered to have been paid by you or your parent if you are claimed as a dependent.  Let us know your situation and the amount in boxes 1 and 5 so we can help you.