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There doesn't seem to be an exact answer for that on the New Hampshire (NH) page for the interest and dividends (I&D) tax. However the tax rate (3%), is the same overall no matter who claims the income. It doesn't change on either return no matter how you split the income unless you find that if you split it, file separately, and the income is then below the filing requirement. The instructions provide details for individuals and joint filers with no separate instructions for married filing separately. Instructions Form 2024 DP-10 Call the Department of Revenue Administration, Taxpayer Services at (603) 230-5920 for clarification.   This I&D tax is repealed after December 31st, 2024.   @sam436 

If this is your only foreign account, you do not have to reply Yes to the question about having a financial account located in a foreign country.   Refer to the IRS website Comparison of Form 8938 and FBAR requirements.   FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR) requires an aggregate value of financial accounts exceeds $10,000 at any time during the calendar year.    IRS Form 8938, Statement of Specified Foreign Financial Assets requires a total value of assets more than $50,000 on the last day of the tax year, or more than $75,000 at any time during the year.    

Sorry, I am still confused. I went to Form 8606 and its instruction. For Line 6 of Form 8606, which is the same as Turbotax Taxable IRA distribution worksheet Line 4, the instruction states clearly to enter of balance on 12/31/2024 from the statements I received in January 2025. That does not include the $8000 I will contribute.

No. The advice was sound. All of your start up expenses go into one big bucket until you begin making money. Once you start making money with  your business, you write off some off your start up costs (up to $5,000) and amortize any remainder. If you go over $50,000, there are different rules but you should not reach that point. The SBA has a great section,  Calculate your startup costs.   Notice in How does starting a business affect my taxes? that expenses reduce your taxable income. Once you start making money, you will have to pay the Self-employment tax and need to make quarterly Estimated taxes or increase your withholding with your job.   Reference: Small Business and Self-Employed Tax Center | IRS

When you enter the contribution in TurboTax, you could choose either 'Item' or 'Stock'. If you choose 'item', you can then choose 'stock'. If you choose 'stock' initially, you will then be asked to enter the date of the donation, stock symbol, value at date of the donation, date you acquired it and cost basis of the shares. Make sure the date you acquired it is more than one year from the date of the donation. You will receive a 30% of adjusted gross income deduction for contribution of appreciated securities held long-term. Any unused deduction can be carried over to future years.  This tells the IRS and Turbo Tax that this is a Donor Advised Fund contribution. If you indicate that you had no conditions attached to the donation, this will complete the entry for TurboTax, unless that applies.  If so, you'll have additional questions.  You can indicate the 'date acquired' as 'Various'. No appraisal is required if the stock is publicly traded.    The new rules for Form 8283 don't allow Efile if your aggregate total of non-cash donations is over 5K.     Here's more detailed info on Form 8283 and discussion on Entering DAF Donations.   @jjjj3     

I was able to through this problem by creating a new rule in Windows Defender Firewall. Selected New Rule under inbound rules     Selected Program:  %ProgramFiles%\TurboTax\Individual 2024\64bit\TurboTax.exe Selected Allow the connection if it is secure Took defaults for the rest and then it worked for me.

If you are using the Online version, you will have to pay all TurboTax fees first.   You do not have to file, but all of your forms are available to view or print. Sign into your TurboTax account. Open your return. Select Tax Tools from the left menu, You may have to minimize both the Federal and State options by clicking the Down Arrows on the Sidebar. You will then clearly see Tax Tools Click the arrow to up to see additional options then Print Center (on mobile devices, tap in the upper left corner to expand the menu). Select Print, save, or preview this year's return, Follow any additional instructions. Once your PDF opens in Adobe Acrobat Reader, select the printer icon near the top. Make any adjustments in the Print window and then select Print at the bottom. Can I print a copy in TurboTax Online before I file it? If you are using the Desktop, you can click the FORMS button in the top right corner