All Posts

Try closing TurboTax, clearing your cache and deleting your cookies. Review the TurboTax Help article How to clear your cache and How do I delete cookies? for specific instructions for your browser. Also, reboot your computer.   If you still need assistance, reply back to us.  

The money you paid to the IRS for a previous year’s federal tax return is not deductible, so you do not enter it anywhere on your 2024 federal return.  If you paid taxes due in 2024 to your state or local government, you can enter that by going to Federal> Deductions and Credits> Estimates and Other Taxes Paid> Other Income Taxes.  You can enter the taxes you paid, but do not include any penalties or interest.   There are several  states that allow you to enter the federal tax you paid on your state return--Alabama, Iowa. Missouri, Montana, and Oregon.  If you are filing in one of these states watch for the deduction when you prepare your state return.  

You can manually enter Contracts and Straddle information in the Investment Income section of TurboTax.   Search for contracts and use the Jump to link.  Or you can find it in the Income List also.    

After doing some additional research I think understand better. The statement on Healthcare.gov seems to relate to the ARP Act of 2021 and the subsequent extension by the Inflation Reduction Act. It seems as though the maximum premiums are capped at 8.5% of a family's income meaning families receiving higher PTC amounts may still qualify. Based on the PTC we received when compared against our income, this 8.5% cap still puts us over the threshold for the credit and will need to repay.

No one can call you.  You need your 2023 AGI to e-file 2024.   Where do I find my AGI?   https://ttlc.intuit.com/community/agi/help/how-do-i-find-last-year-s-agi/01/25947   Your 2023 tax return shows your 2022 Adjusted Gross Income  (AGI)  If you filed a joint return then the AGI is the same for each of you.   Form 1040        line 11   If entering the amount from your 2023 tax return does not work, then try entering “0” instead.  If that does not work and you still cannot e-file, then print, sign, and mail your tax return.   You can get a free transcript of your past return from the IRS:   https://www.irs.gov/individuals/get-transcript Note: If you filed late or amended your return, your correct 2023 AGI may not be in the system.   

You will have to go back to the "About me" section of the program and go through the interview again.  You will need to answer the questions in a way that indicate you are eligible for head of household filing status.

Did you claim a qualified dependent?   (A GF or BF cannot be a qualified dependent for HOH filing status).   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.  

The federal tax system is a pay as you go system.  As you make money, you have to pay taxes on that money. You may have an underpayment penalty if you didn't have enough taxes withheld from your income throughout the year on your W-2 or if you're self-employed and you didn't pay enough estimated taxes.   To try to reduce or eliminate it, review the TurboTax article Why am I getting an underpayment penalty?   For more information, refer to the TurboTax help article Guide to IRS Tax Penalties: How to Avoid or Reduce Them for tips to use in the future.   You can contact the IRS to request a one-time abatement of your underpayment penalty. For individual tax returns, call 1-800-829-1040, 7 AM - 7 PM Monday through Friday local time.  

You can do that directly at the IRS website - IRS Payments, click that link.    If you pay using the IRS website, you can tell TurboTax that you are mailing a check so you are not requested to pay twice.