Thanks JohnB5677, but Intuit chatbot couldn't understand the question/issue and sent me to a Tax Accountant. I had to pay for if I wanted to continue. I don't need a Tax Accountant.
You should just enter that whatever you received was her RMD or that she was not required to take an RMD. Either would be fine on her final return.
@Sioux2
There appears to be some sort of Program glitch My Form 4852 - Substitute Form 1099-R is not feeding the entries into the 1040/1040SR Worksheet Lines 5a and 5b. These lines cannot be overridden or ...
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There appears to be some sort of Program glitch My Form 4852 - Substitute Form 1099-R is not feeding the entries into the 1040/1040SR Worksheet Lines 5a and 5b. These lines cannot be overridden or marked as Estimated in the Worksheet.
@JotikaT2 previously posted the following in another thread as to how to resolve this issue:
It sounds like the net operating loss was correctly transferred to your K-1 when you completed your ...
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@JotikaT2 previously posted the following in another thread as to how to resolve this issue:
It sounds like the net operating loss was correctly transferred to your K-1 when you completed your 2021 tax returns. There should not be any amounts listed on your California S-corporation return as it no longer exists at the corporate level... Any net operating losses from 2021 would be reflected on your individual return unless they were utilized in 2021 or 2022. California conforms to this treatment. Please see section E from form 3805q instructions for more details.
To remove the error, you will need to go back into the interview section for California and remove the NOL amount listed for 2021. This should remove the error and allow you to proceed.
@Cloud91
Apologies, forgot to add the questions: Is the withholding only on the bonus correct? eg do I owe NYS tax on the annual bonus amount? What do I do regarding the lack of AZ identification on my W...
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Apologies, forgot to add the questions: Is the withholding only on the bonus correct? eg do I owe NYS tax on the annual bonus amount? What do I do regarding the lack of AZ identification on my W2? Is it an issue?
No, for a couple of reasons. For one, you are not generating income so there is no income to deduct the expense from. You may be getting a credit on your electric bill, but that is a reduction in you...
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No, for a couple of reasons. For one, you are not generating income so there is no income to deduct the expense from. You may be getting a credit on your electric bill, but that is a reduction in your utility bill which is a non-deductible expense.
Also, you likely got an energy credit when you installed the solar energy equipment, and if so you can't use the same expense to generate a tax deduction, as you already used it to generate the tax credit.
I am a non-voluntary remote employee. I moved from NYS in 2023. In 2024, my company erroneously withheld NYS and NYC income tax. I had to file with a corrected W2 removing the taxes to NYS (it tooks ...
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I am a non-voluntary remote employee. I moved from NYS in 2023. In 2024, my company erroneously withheld NYS and NYC income tax. I had to file with a corrected W2 removing the taxes to NYS (it tooks months for my company to correct). I had to file extensions and when all was said and done, Arizona corrected my filing using the original W2, not the corrected. Still working on resolving this. 2024 w2 shows NYS withholding only on my annual bonus. Is this correct? How do I file? Also, my W2 indicates TOTAL STATE withholding, but State is empty until you get to the NYS income and withholding which is less then the TOTAL STATE. Additionally, The TOTAL STATE amount is the correct total of what was withheld on my paycheck stubs that include both the NYS amount and the AZ amount (Arizona withholding is explicitly stated on the stub).
Return to your state return:
Go through the state interview until you get to the Take a look at Ohio credits and taxes screen
Scroll down and under the Business and investment credits
...
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Return to your state return:
Go through the state interview until you get to the Take a look at Ohio credits and taxes screen
Scroll down and under the Business and investment credits
Select start next to Nonrefundable business credits and carryovers
In the Nonrefundable Business Credits and Carryovers, scroll down until you see the option to enter your information for the Ohio Lead Abatement Tax Credit
See the images below for your reference:
@ohioleadtax
To Whom It May Concern: I installed and registered my TurboTax 2924 on the same computer I have used in the past years. I've started to input data, but that computer is old and unreliable. I ha...
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To Whom It May Concern: I installed and registered my TurboTax 2924 on the same computer I have used in the past years. I've started to input data, but that computer is old and unreliable. I have downloaded it on my newer/improved computer, but it is asking for my License Code. Since I have registered once it won't let me register another device. Question: How can I unregister my code for the old/unreliable computer so that I may use the license code for the newer/improved computer I intend to use for 2024 Tax Reporting? Thank you, Tom
I moved from Baltimore County, MD to York County, PA on 3/17/25. My employer is in Baltimore City. When do I fill MW507 form (line 5 & 6) with my employer so that Maryland State and Maryland...
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I moved from Baltimore County, MD to York County, PA on 3/17/25. My employer is in Baltimore City. When do I fill MW507 form (line 5 & 6) with my employer so that Maryland State and Maryland local taxes aren't withheld, so I am not doubled taxed in both states?
