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April 12, 2025
1:39 PM
In the rental input, navigate to the rental property asset. After indicating it was disposed in the Rental input section, you can continue through the interview, to enter the information about the s...
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In the rental input, navigate to the rental property asset. After indicating it was disposed in the Rental input section, you can continue through the interview, to enter the information about the sale.
April 12, 2025
1:39 PM
I lived in NC for 30 years. I moved to VA on 1/1/2024. My pension has paid monthly with no interruption. However I've received 2 1099-R forms, one for VA and one for NC. Should I request an amend...
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I lived in NC for 30 years. I moved to VA on 1/1/2024. My pension has paid monthly with no interruption. However I've received 2 1099-R forms, one for VA and one for NC. Should I request an amended 1099-R?
April 12, 2025
1:39 PM
April 12, 2025
1:38 PM
I am having the exact same problem. I have been unable to download the state and my return is on hold. Turbotax Customer service not able to help
April 12, 2025
1:38 PM
See this TurboTax support FAQ for removing Live Assist - https://ttlc.intuit.com/turbotax-support/en-us/help-article/intuit-subscriptions/remove-turbotax-live/L3WW5jwOM_US_en_US?uid=m9eohluh
April 12, 2025
1:38 PM
I'm trying to get a pdf of the necessary forms to print to submit tax payment and also for estimated tax quarterlies. Print function appears to generate something that crashes my pdf software.
April 12, 2025
1:37 PM
Our 20 year old out-of state college student (in college in MA, permanent resident of NJ and our tax dependent) earned a total of $ 1551 for on-campus tutoring, with no deductions withheld for any Fe...
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Our 20 year old out-of state college student (in college in MA, permanent resident of NJ and our tax dependent) earned a total of $ 1551 for on-campus tutoring, with no deductions withheld for any Fed or State level taxes, Soc Sec, or Medicare. Does this student have to file any returns? MA or NJ State? Federal?
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April 12, 2025
1:37 PM
WHERE TO REPORT INVESTMENT PROPERTY SALE
April 12, 2025
1:37 PM
No matter i do I have sucessfully completed my Business Income Tax Section within the appliication and the screen reflects the impact, the review shows low risk of audit however the number will not p...
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No matter i do I have sucessfully completed my Business Income Tax Section within the appliication and the screen reflects the impact, the review shows low risk of audit however the number will not pull over to the summary it is showing as needs review
Topics:
April 12, 2025
1:37 PM
does turbo tax have an extent. form to fill out?
Topics:
April 12, 2025
1:37 PM
Trying to calculate how to handle the overlapping mortgage interest on two properties. Property 1 was a condo originally purchased in pre-2017, but refinanced in 2020, and sold in October last year....
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Trying to calculate how to handle the overlapping mortgage interest on two properties. Property 1 was a condo originally purchased in pre-2017, but refinanced in 2020, and sold in October last year. Property 2 was a house Purchased April last year, and has a regular jumbo and a heloc loan. Property 1 was my primary residence till June when I moved into property 2. I've done a bunch of the calculations, but unsure how to get this right. Average monthly for property 2 is much higher than 1. Do I do the averages for only the months that the loans existed (ie Jan-Oct for Property 1, and April-Dec for Property 2) or make it an average for the year end on each loan, then just add up the total of mortgages for each month? Do I use the lower or higher average for overlapping months? Kinda grasping at straws between the instructions and the IRS docs which aren't clear.
April 12, 2025
1:37 PM
With or without a property manager you are the owner of the property. The answer assumes you do report rental income and use your rental expenses on your tax return. Report the mortgage interest in t...
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With or without a property manager you are the owner of the property. The answer assumes you do report rental income and use your rental expenses on your tax return. Report the mortgage interest in the rental activity expenses. The property manager sends the rents to you, less their fees.
Where do I enter income and expenses from a rental property?
April 12, 2025
1:36 PM
1 Cheer
Just indicate you do not have a license or state ID and continue. The federal return does not require a license or state ID to file and most all states do not require this either.
April 12, 2025
1:35 PM
Here you can file an extension for 2024: Free Federal Extension
April 12, 2025
1:35 PM
If you are trying to access your W-2 online, you can contact your company's payroll department to help you. If that is unsuccessful, you can request they mail a paper copy to your new address. The ...
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If you are trying to access your W-2 online, you can contact your company's payroll department to help you. If that is unsuccessful, you can request they mail a paper copy to your new address. The IRS will also assist you, you can contact the IRS Taxpayer Assistance Center here: Taxpayer Assistance Center Office Locator
Here is an article with more information: What To Do If You Haven't Received a W-2
And you may need to file an extension if you are not able to access it by Tuesday. Here, you can file an extension for 2024: Free Federal Extension
April 12, 2025
1:35 PM
When it pulls in information, it says the amount doesn’t match my withholding and when I try to alter information, it says the amount doesn’t match my withholding no matter what I do and if I try to j...
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When it pulls in information, it says the amount doesn’t match my withholding and when I try to alter information, it says the amount doesn’t match my withholding no matter what I do and if I try to just move forward and file, it won’t allow that. I saw something that may have indicated the problem may be with the form itself. Help.
April 12, 2025
1:35 PM
And May I ask why you want to file Married filing Separate? When you start the return and say you are Married and not filing together you need to enter her name and then check...Either her or I cl...
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And May I ask why you want to file Married filing Separate? When you start the return and say you are Married and not filing together you need to enter her name and then check...Either her or I claim itemized deductions. Unless you have a specific reason to file separate returns, It is usually better to file Joint. Joint has the lowest tax rates and the highest Standard Deduction. And if you are in a Community Property state MFS gets tricky to figure out. See, https://ttlc.intuit.com/community/married/help/married-filing-separately-in-community-property-states/01/26030 And How should you file….. https://turbotax.intuit.com/tax-tips/marriage/should-you-and-your-spouse-file-taxes-jointly-or-separately/L7gyjnqyM?srsltid=AfmBOopGqCNexowW0pYgvsf7ycIkrx4VjO_63UXv6vSnfu3UEGQiKQTh Here's some things to consider about filing separately…… In the first place you each have to file a separate return, so that's two returns. And if you are using the Online version that means using 2 accounts and paying the fees twice. Many people think they come out better when filing Married Filing Separate but they are probably doing it wrong. If one person itemizes deductions then the other one must itemize too, even if it's less than the standard deduction, even if it is ZERO! And there are several credits you can't take when filing separately, like the EITC Earned Income Tax Credit Child Care Credit Educational Deductions and Credits And contributions to IRA and ROTH IRA are limited when you file MFS. Also if you file Married Filing Separately up to 85`% of your Social Security becomes taxable right away even with zero other income. See ……. https://ttlc.intuit.com/community/married/help/is-it-better-for-a-married-couple-to-file-jointly-or-separately/00/25590
April 12, 2025
1:35 PM