All Posts

In that example the amount in column c is still the amount that you will be able to carry forward.  Whatever amount is in your 2023 column C is the unallowed amount that you can carry forward to 2024.   @hno4 

When you are reviewing last year's tax return, go to the vehicle section to see if you used the standard mileage rate. The business miles times the mileage rate for a business vehicle, in 2023, was 65.5 cents per mile.  You must look at the vehicle worksheet itself because there may be other expenses included on your Schedule C for Car and Truck expense line. How do I get a copy of  my 2023 tax return I filed in TurboTax Online? How do I view, download, or print a prior year tax return? @mjgoss 

You may have started entering one accidentally, so you have an empty form stuck in TurboTax.   You can delete it though, see below.   How to delete forms in TurboTax Online   How to delete forms in TurboTax Desktop

When you go through the rental schedule, you mark that you rent out part of your home. You enter the percentages and choose if you want to do the math or let the program.   See another post of mine for help.

@kdutta ,Namashkar. Whereas I do not  have experience in owning NRE or NRO accounts,  I am aware  of the US tax implications of such accounts. (a) Are you a US person ( citizen / GreenCard/ Resident for Tax purposes ) ?  I ask because as NRA  you do not need to report the earnings in such schemes. (b)  There are no special handling / carveouts in the US-India Tax Treaty -- this is just interest income. (c) Issues that are  most vexing ( depending on the actual facts & circumstances) are:                        1. For NRE accounts   earnings while not taxed  in India still have to be recognized and taxed in the USA.  And to this add the uncertainty/ effects  caused by  exchange rate.   You recognize  these earnings  ( for US purposes ) as interest earnings.  Since India does not tax the earnings there is NO Foreign Tax credit ( No double taxation ).                          2.  For NRO accounts, because India taxes these, you have  eligibility  for Foreign Tax Credit    but generally no  exchange rate degradation issue.  Your reporting / recognition  is dependent on the type of income deposited into the account  (  savings/CD interest , rental income. business income etc. )   Given the general nature of your question , I do not know for certain if I have answered your query  in full or not .  I will await your response .

When purchasing on Amazon you must ensure that it says shipped and sold by amazon  Where can I purchase authentic TurboTax Desktop software?   For installation and software billing issues you can contact the TurboTax Support Phone Number   Edited: 04/08/2025 | 07:59 am PST @cjdish

The cost of the generator or other qualifying property, not the home itself.  For ore information, see Energy Star.gov   Tax Credit includes installation costs.   The maximum credit is $500 per half kilowatt (kW) of power capacity.   The fuel cell  must have a nameplate capacity of at least 0.5 kW of electricity using an electrochemical process and an electricity-only generation efficiency greater than 30%.   The home served by the system MUST be the taxpayer's principal residence.   In case of joint occupancy, the maximum qualifying costs that can be taken into account by all occupants for figuring the credit is $1,667 per 0.5 kW. This does not apply to married individuals filing a joint return. The credit that may be claimed by each individual is proportional to the costs he/she paid.

Are you referring to the military discount?  If so, the military discount is valid for active duty and reservists of an enlisted rank (E-1 through E-9) with a military W2.   Excludes National Guard members Excludes TurboTax Live products   In TurboTax Online, review the questions in My Info in the upper left hand corner of the screen.   Make sure that the questions have been correctly answered at the screen Let's check for some other situations.  Make sure that you report a military W-2.