All Posts

No---a W-2 is not required.   If you transferred your information in from 2023 and an old employer transferred in, the software will ask for your W-2.  You can delete the old employer.  And tell the software you do not have any W-2's   Enter your retirement income:    Go to Federal> Wages & Income>>Retirement Plans and Social Security  (SSA1099 and 1099RRB) to enter your SSA1099.     To enter your retirement income, Go to  Federal> Wages and Income>Retirement Plans and Social Security>IRA  401 k) Pension Plan Withdrawals to enter your 1099R.    

Wait for the original return to be completely processed. The IRS may send a notice requesting additional information. Here are steps to amend a current tax return.   TurboTax Online On the Tax Home screen, scroll down to Your tax returns & documents and select the year you want to amend. Select the Amend (change) return dropdown,  Then Amend using TurboTax Online.  If you're told to amend your return via TurboTax Desktop, follow the steps for TurboTax Desktop instead. Continue through the screens, Make the changes you need to make, and carefully answer the remaining questions to finish amending your return.  

It sounds like your state withholdings were not assessed correctly by your employer.  Was there a change in payroll services or a change in payroll systems in 2024?   Iowa and Illinois have a reciprocal agreement for individual income tax purposes. Any wages or salary made by an Illinois resident working in Iowa is taxable only to Illinois and not to Iowa.   You will file an Iowa nonresident state income tax return to receive a refund of taxes that were withheld to Iowa.   You will file an Illinois resident state income tax return but you will have a balance due.  Enclose a letter to Illinois asking for 60-90 days to pay the balance due.  Hopefully, that will be enough time for the Iowa refund to be received.

@smb4ua If you have entered qualified dependents then it should be offering you HOH filing status. So....either your dependents are not "qualified" dependents or you have entered something about them incorrectly.   (A GF or BF or the children of a BF or GF are not qualified dependents for HOH filing status, for instance.)   Try deleting the dependent and re-entering them in MY INFO to see if that helps.   What is a "qualifying person" for Head of Household?  

No, once you have opened the 2024 return in an account that is the one that it is stuck with.  The only way to change the linked return is to log in to the account with the correct 2023 return and start the 2024 return over.   @bickie 

@actuozc It sounds like you have something entered incorrectly for your child in MY INFO.  Sometimes it helps to delete the dependent and re-enter them.   Make sure you have entered your child as a dependent in My Info, and that you have entered the child's Social Security number.    Careful— do not say that your child’s SSN is not valid for employment.  If your child was born in 2024 make sure you said he lived with you the whole year.  There is an oddly worded question that asks if the child paid over half their own support.  Say NO to that question.   Have you entered income from working in 2024?  If not,  you will not receive an income tax refund based on having dependent children.     The maximum amount of the child tax credit is now $2000 per child; the refundable “additional child tax credit” amount is $1700.   In order to get that credit, you have to have income from working.     Take the amount you earned from working.   Subtract $2500.   Multiply the rest by 15%.  That is the additional child tax credit per child that you can get—- up to the maximum of $1700 per child.   If the amount you earned from working was low, you will not get the full $1700 per child.    If your child is older than 16 at the end of 2024, you do not get the CTC.  But you may still get the non-refundable $500 credit for other dependents instead.   https://ttlc.intuit.com/turbotax-support/en-us/help-article/taxation/child-tax-credit/L2lNhfGDl_US_en_US?uid=m68dfq2u   https://ttlc.intuit.com/turbotax-support/en-us/help-article/taxation/additional-child-tax-credit/L6xFeMFEf_US_en_US?uid=lqnuygah https://www.irs.gov/help/ita/does-my-childdependent-qualify-for-the-child-tax-credit-or-the-credit-for-other-dependents     And for the Earned Income Credit—-   https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-credits-deductions/qualifications-earned-income-credit-eic-eitc/L7w4BFP32_US_en_US?uid=m62rmz09   https://www.irs.gov/credits-deductions/individuals/earned-income-tax-credit/use-the-eitc-assistant   https://www.irs.gov/pub/irs-pdf/p596.pdf   Look at your 2024 Form 1040 to see the child-related credits you received   PREVIEW 1040 https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-return/preview-turbotax-online-return-filing/L77WCkvnu_US_en_US?uid=m681fkhr   Child Tax Credit line 19 Credit for Other Dependents line 19 Earned Income Credit line 27  

Because you are using the Deluxe version which is not free. If you started the Free version then your taxes included something that the Free version could not handle and required an upgrade to the paid version. You should have been notified of this at the time of the upgrade but did not realise it.

Currently CA still has not conformed to the Federal guidelines.  Here is what CA states, "Line 13 Health Savings Account Deduction – Federal law allows a deduction for contributions to an HSA account. California law does not conform."  The excluded amount would need to be added back.

Thank you for your quickness of your response ! awesome Regarding Acceptable Receipts: I will have the following 1. The  TDS that was paid by the buyer  will be available 2. On the top of that I have to pay the balance Taxes due in India through a Challan  3. After that only the Chartered accountant will be able to able to issue a certificate to repatriate the Money to US Both 1 & 2 are acceptable or a certificate issued by Chartered accountant describing both in certificate is acceptable? Regarding Incidental costs I have made multiple trips to India to get this done . For past Six years I have spent six India Trips and other costs are also involved what are the things I can get credits for which is reasonable without being flagged I do not have receipts for my Trips are they acceptable without receipts?