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April 2, 2025
11:28 AM
I need proof of the IRS taking my refund to pay back taxes and the amount being closed out. My wife has an active bankruptcy and needs this to use as proof to the court.
April 2, 2025
11:28 AM
Please clarify your question.
What do you mean by adjustments?
Are you working on a Federal worksheet?
Are you working on state taxes?
Please contact us again to provide some addit...
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Please clarify your question.
What do you mean by adjustments?
Are you working on a Federal worksheet?
Are you working on state taxes?
Please contact us again to provide some additional details.
April 2, 2025
11:28 AM
1 Cheer
When you are claiming your college student the American Opportunity Credit is the best one. You will need the 1098-T from her university or college - she can download it from her student portal if y...
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When you are claiming your college student the American Opportunity Credit is the best one. You will need the 1098-T from her university or college - she can download it from her student portal if you haven't already received it. You will enter that form into TurboTax and answer the follow up questions and be all set.
@Anna113
April 2, 2025
11:27 AM
1 Cheer
I have the same issue, with State of Connecticut K-1s not being populated from the Federal. Completing the CT forms requires override - but this precludes e-filing, which is required by the State. ...
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I have the same issue, with State of Connecticut K-1s not being populated from the Federal. Completing the CT forms requires override - but this precludes e-filing, which is required by the State. Additionally, the lack of auto-populated data into this part of the CT-1065 means the Pass Through Entity Tax Credit is not being calculated. These are critical failures. Is anyone at TurboTax working on a solution?
April 2, 2025
11:26 AM
This should occur on your W-2
Box 16 State wages
Box 17 State Income Tax
The error message means Box 17 can not be larger than Box 16.
This makes perfect seance.
Is box 16 blank.
...
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This should occur on your W-2
Box 16 State wages
Box 17 State Income Tax
The error message means Box 17 can not be larger than Box 16.
This makes perfect seance.
Is box 16 blank.
If you only have one state listed it should be the same os Box 1.
April 2, 2025
11:25 AM
I live in NH and work for a company with an office in MA. However I worked mostly remote in 2023, so I was able to claim a significant refund for state taxes on my 2023FY tax return that I filed last...
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I live in NH and work for a company with an office in MA. However I worked mostly remote in 2023, so I was able to claim a significant refund for state taxes on my 2023FY tax return that I filed last year in 2024 - almost all of taxes that were witheld for MA state came back to me. I recently (about a month ago or so) received 1099-G from MA revenue service showing the refund amount. What do I do with it? Last year when I claimed the refund, I used Online Turbotax Premier. Was it smart enough to take care of that refund and increase my 2023 income on taxes done last year and I am all set, or do I need to manually enter this amount as 2024 income on my taxes that I am about to do in 2025? If the latter, does it mean I might owe penalty for tax underpayment? I did not realize that state refund might be income that I need to pay federal tax on. I thought Turbotax would reconcile it automatically and reduce my federal refund accordingly on the 2023 tax return where I claimed the state tax refund. Does it do that? Thanks
April 2, 2025
11:25 AM
If you or your spouse were born on or before Jan. 1, 1960, you may qualify to claim an age deduction of up to $12,000 each. The age deduction you may claim will depend upon your birth date, filing st...
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If you or your spouse were born on or before Jan. 1, 1960, you may qualify to claim an age deduction of up to $12,000 each. The age deduction you may claim will depend upon your birth date, filing status, and income. For more information check: Virginia Tax
April 2, 2025
11:25 AM
There are not tax credits for solar net metering. Solar net metering is when your panels produce more electricity than you use and your power supplier credits that electricity to your account for yo...
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There are not tax credits for solar net metering. Solar net metering is when your panels produce more electricity than you use and your power supplier credits that electricity to your account for your usage for when your panels are producing less than you use. There is a tax credit for installing the solar panels. However, there is not a credit for banking electricity with the city or utility company. Additionally, if they would pay you for the excess solar that is fed back to the company or city, this would become taxable income to you.
April 2, 2025
11:25 AM
1 Cheer
You'll report foreign interest and dividends in the respective sections as if you had received forms 1099-INT and 1099-DIV.
April 2, 2025
11:24 AM
How to collect maximum education credits when I am claiming my college student child as a dependent on my tax return? When she submits her tax return, should she receive any education credit? Last ye...
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How to collect maximum education credits when I am claiming my college student child as a dependent on my tax return? When she submits her tax return, should she receive any education credit? Last year she did not have a job and earned a little bit of interest from Treasury Bills. Vocational Rehab pays for her tuition and books and we paid for her dorms out of pocket. What items do we need to pay attention to on our tax returns as far as education credits go?
April 2, 2025
11:24 AM
I think this is solvable but based on your replies I'm not getting clear picture that you've fixed the 1099s the way I'm describing; if you are saying the accrued interest for your Treasuries is ente...
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I think this is solvable but based on your replies I'm not getting clear picture that you've fixed the 1099s the way I'm describing; if you are saying the accrued interest for your Treasuries is entered on the same 1099 as your Line 8, it won't work. So if that's where things are still stuck, to recap again - delete the 1099 you already entered that isn't working, and start over. For the one physical 1099 you got from your broker, enter it into TT as two separate 1099s as tho it came from two different brokers, one for anything to do with your Treasuries only (Line 3 and the accrued interest), and one for anything to do with your munis only (Line 8).
April 2, 2025
11:23 AM
The breakdown for 1099-B transactions will be located on Form 8949, as well as a summary on Schedule D. You can review a copy of your tax filing on the summary page. You will need to pay for your Tur...
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The breakdown for 1099-B transactions will be located on Form 8949, as well as a summary on Schedule D. You can review a copy of your tax filing on the summary page. You will need to pay for your TurboTax fees first in order to see a preview of all forms and schedules available
To locate the Summary Page follow the steps below:
From the TurboTax home screen locate the left panel. Click on Tax Tools, then Print Center. (if you don't see the Tax tools menu right away, open any section of your return, for example your W-2 section, then try again to locate the left panel)
click on Print, save or preview this year's return. The Summary Page will be included there.
April 2, 2025
11:22 AM
Also, to clarify- the only people that can uncheck form 5695 and resubmit are those that are married and filing jointly, correct? If I own a co-own a house with my fiance, and we are filing separatel...
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Also, to clarify- the only people that can uncheck form 5695 and resubmit are those that are married and filing jointly, correct? If I own a co-own a house with my fiance, and we are filing separately as we are not married yet, the fix will apply to me, correct? Thank you!
April 2, 2025
11:22 AM
You may want to check regarding the qualifications for Medicaid as it relates to someone providing support for the recipient. It may be similar to an individual having to declare that they can be cla...
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You may want to check regarding the qualifications for Medicaid as it relates to someone providing support for the recipient. It may be similar to an individual having to declare that they can be claimed as a dependent on someone else's tax return. It doesn't matter if they are actually claimed as such, the mere ability to be claimed as a dependent denies tax filers certain benefits. It may be the same with Medicaid recipients. If so, it may be prudent to claim the individual as a dependent since the mere fact that they qualify as such may deny them Medicaid benefits.
April 2, 2025
11:22 AM
https://ttlc.intuit.com/community/downgrading/help/how-do-i-cancel-my-turbotax-advantage-subscription/00/25548
To request a refund for a TT product
https://ttlc.intuit.com/turbotax-suppor...
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https://ttlc.intuit.com/community/downgrading/help/how-do-i-cancel-my-turbotax-advantage-subscription/00/25548
To request a refund for a TT product
https://ttlc.intuit.com/turbotax-support/en-us/help-article/intuit-refunds/request-refund-turbotax-product/L834M6uyW_US_en_US?uid=m6meybc2
April 2, 2025
11:22 AM
I have earned interest and dividends from my bank accounts and stock investments in India. How should I report these items in TurboTax, given that I don't receive 1099-INT and 1099-DIV forms for these...
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I have earned interest and dividends from my bank accounts and stock investments in India. How should I report these items in TurboTax, given that I don't receive 1099-INT and 1099-DIV forms for these investments?
April 2, 2025
11:22 AM
The 1099-NEC is not self-employed income for scholarship. You will want to enter the income and subtract the amount used on Qualified Education Expenses - Internal Revenue Service.
First you wi...
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The 1099-NEC is not self-employed income for scholarship. You will want to enter the income and subtract the amount used on Qualified Education Expenses - Internal Revenue Service.
First you will enter the 1099-NEC as sporadic or hobby income rather than self-employed. Follow these steps:
Open your return to the federal income section
Select income from Form 1099-NEC
Enter the information from your form
Continue
Describe the reason
Continue
Does one of these uncommon situations apply?
Select not earned, sporadic, hobby - the screenshots different -
online, select hobby
desktop chooses sporadic
Continue
See the NEC summary
Done
Second, remove the qualified expenses.
Open to federal income
Locate Miscellaneous Income, 1099-A, 1099-C, Start
Scroll to the bottom
Other reportable income, Start
Other taxable income?
Select YES
Description 1099-NEC for education expenses
Amount, enter your negative amount, use a minus sign in front.
Continue
April 2, 2025
11:20 AM
You can enter it by clicking the following:
Federal
Income
Show more next to Interest and Dividends
Start next to interest on 1099-INT
April 2, 2025
11:20 AM
Im trying to do this: You may make the adjustment on line 24 if using TurboTax Desktop in FORMS. However the program will not let me enter it.