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JandRN · ‎April 7, 2025

wkc9 · ‎April 7, 2025

Dear Community, I recently started working at a company called Ringle. They give me a 1099 for tax purposes. I'm confused as to whether I need to actually pay estimated tax before April 15th. I on...

Dear Community, I recently started working at a company called Ringle. They give me a 1099 for tax purposes. I'm confused as to whether I need to actually pay estimated tax before April 15th. I only started working this year as I'm still in school. Basically, I didn't work at all in 2024 and made no money. I was a citizen for the whole year. I'm not sure what the IRS means when it says "Your prior tax year covered a 12-month period". I'm guessing it means something like you worked a certain months out of the year and didn't work the other months? It's my first time dealing with a 1099 and it's incredibly confusing. I'm also not sure how to use the self-employment tax calculator on TurboTax's website. I tried using it, but it didn't have a section for 1099s. There were only fields for W-2s so I'm really lost. Sorry if my thoughts are coming out all jumbled. TLDR: Do I need to file estimated taxes before April 15th? I thought I didn't but I'm getting cold feet now that the deadline is a bit closer. Thank you in advance for those who decide to answer these questions. I appreciate your time.

Vanessa A · ‎April 7, 2025

Yes, you can do this estimate in TurboTax. Select the following: Federal Other tax situations Form W-4 and estimates taxes No, you do not have until next April to make the ...

Yes, you can do this estimate in TurboTax. Select the following: Federal Other tax situations Form W-4 and estimates taxes No, you do not have until next April to make the payment. The IRS is a pay as you go system. So since you sold the house in early March, the taxes on the sale would be due April 15th, of THIS year.

mariaelenadebs · ‎April 7, 2025

I need to add the SS benefit. when I enter Add another 1099-R does not let me do it.

mootzie55 · ‎April 7, 2025

I have a farm store and received a 1099K from Square. When I report my income on Schedule C, Do I subtract the income reported on the 1099K from my total income (cash sales) and only report that diff...

I have a farm store and received a 1099K from Square. When I report my income on Schedule C, Do I subtract the income reported on the 1099K from my total income (cash sales) and only report that difference on Schedule C since the credit card income is already being reported through the 1099 K? Also, one of the transactions reported on the 1099K actually needs to be reported on my Schedule F. How do I handle that. I'm reporting my 1099K when working on my Schedule C

CatinaT1 · ‎April 7, 2025

To access your tax returns (current or prior year) you will sign into the TurboTax website with the user ID you used to create the account - https://myturbotax.intuit.com/ Scroll down to the bo...

To access your tax returns (current or prior year) you will sign into the TurboTax website with the user ID you used to create the account - https://myturbotax.intuit.com/ Scroll down to the bottom of the screen and on the section Your tax returns & documents click on Show. Click on the Year and Click on Download/print return (PDF) As an alternative for current year return, when you sign onto your online account and land on the Tax Home web page, scroll down and click on Add a State (You will not really be adding a state). This will take you back in to the 2024 online tax return. Click on Tax Tools on the left side of the online program screen. Find the Print Center and choose the year you want to print. If you want your full return including worksheets, choose the option Include government and TurboTax worksheets.

aysegulyayli · ‎April 7, 2025

I received bank interest from a foreign bank. It is a small amount but should be reported in 1099 int form . As the bank in the foreign country does not give any form I have to fill in the informatio...

I received bank interest from a foreign bank. It is a small amount but should be reported in 1099 int form . As the bank in the foreign country does not give any form I have to fill in the information myself. I can not find the bank name in the list of banks. What should I do ?

Rookie7 · ‎April 7, 2025

Used to be a small business owner, but business had been slow so decided to officially shut down business. Hired by a company in Jan 2024, closed business in March 2024. For the past 20 years, filed ...

Used to be a small business owner, but business had been slow so decided to officially shut down business. Hired by a company in Jan 2024, closed business in March 2024. For the past 20 years, filed married jointly, using the Turbotax home+business software. To file 2024 taxes, can we just use the home version only, and forget about the business? Btw, we had a loss in 2023 carried over. Also, with 2 W2s, we may owe the IRS. Several questions: 1. What software to use? 2. If filing married separately using home+business, how do we split the expenses such as home interest, etc.? Does the software know what to do? Thank you!

VolvoGirl · ‎April 7, 2025

You have to switch to Forms mode (click Forms in the upper right (left for Mac)) and select the Info Wks. Scroll down until you get to Part V Third Party designee: section. Check the YES box and then...

You have to switch to Forms mode (click Forms in the upper right (left for Mac)) and select the Info Wks. Scroll down until you get to Part V Third Party designee: section. Check the YES box and then you can fill in the name, phone number and any 5 numbers for the PIN. Old Desktop Screenshot

Mar4599 · ‎April 7, 2025

I'm having a similar problem with Virginia. I put the VA vs. non-VA portion of tax exempt interest income in the Federal input but it is putting a whole different number on the Virginia return as an...

I'm having a similar problem with Virginia. I put the VA vs. non-VA portion of tax exempt interest income in the Federal input but it is putting a whole different number on the Virginia return as an addition. I'm not able to change it on the Virginia input. Help!

Hanalei · ‎April 7, 2025

Thank you for your help Token: 1384109225-60151317 Please let me know.

rileyjeanyoung · ‎April 7, 2025

CatinaT1 · ‎April 7, 2025

What is the error message you are getting?

xmasbaby0 · ‎April 7, 2025

You have to pay your fees before you can print. https://ttlc.intuit.com/community/printing/help/can-i-print-a-copy-of-my-turbotax-online-return-before-i-file-it/00/26244

nbfixit · ‎April 7, 2025

I received a 1099-NEC

DaveF1006 · ‎April 7, 2025

The gross income limitation for home office expenses is based on the income generated from the business conducted in the home office. Essentially, the deduction cannot exceed the gross income from th...

The gross income limitation for home office expenses is based on the income generated from the business conducted in the home office. Essentially, the deduction cannot exceed the gross income from the business use of your home. If your business has a net loss, you cannot claim the home office deduction for that year, but you may be able to carry forward unallowed expenses to future years if using the actual expense method. If you do have some net income before the Home Office Expense is applied, you may be able to use some expense to bring your net come to zero. The remainder may be carried forward for unallowed expenses in a future year.

xmasbaby0 · ‎April 7, 2025

Who are the dependents? Some dependents cannot be claimed as "qualifying dependents" for Head of Household filing status, even if you can claim them for the credit for other dependents. Am I ...

Who are the dependents? Some dependents cannot be claimed as "qualifying dependents" for Head of Household filing status, even if you can claim them for the credit for other dependents. Am I Head of Household? https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-filing-status/qualify-head-household-2021/L0NxUtVc2_US_en_US?uid=m5x19jkx What is a "qualifying person" for Head of Household? If you qualify as Head of Household, when you enter your marital status (single or married filing separately) into MyInfo, and then enter your qualifying dependent, TurboTax will offer HOH as your filing status.

CatinaT1 · ‎April 7, 2025

If you need help accessing your account, see this FAQ: Access your TurboTax Account To call TurboTax Customer service, here is a link:  Turbo Tax Customer Service

ThomasM125 · ‎April 7, 2025

It may be because the lump sum payment did not make a difference in your taxable social security income in a previous year. Depending on the amount of the lump sum payment and your income and social ...

It may be because the lump sum payment did not make a difference in your taxable social security income in a previous year. Depending on the amount of the lump sum payment and your income and social security benefits received in a previous year, it may be that adding the lump sum payment to that year did not change the taxable amount of your social security benefits in that year. In that case the lump sum election would not be in effect, so the box in line 6(c) on your Form 1040 would not be checked.

CatinaT1 · ‎April 7, 2025

Try this: State install/e-file update loop: State not installed after installation or TurboTax needs to update prior to e-file

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I havereceived bank interest from a foreign bank. It is a small amount but should be reported in 1099 int form . As the bank in the foreign country does not give any form I have to fill in the information myself. I can not find the bank name in the list o

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