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4 weeks ago
I purchased this rental property in 2024. I thought I would be prompted to put in the value of the home under business expense as a depreciation? Is that correct or do I only put in the renovation co...
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I purchased this rental property in 2024. I thought I would be prompted to put in the value of the home under business expense as a depreciation? Is that correct or do I only put in the renovation costs as depreciation? Thank you in advance for your help.
4 weeks ago
Turbo Tax does not have a copy of your W-2, but your employer may provide it.
If the W-2 is not available, here are the steps to take to get your W-2.
You can try to import it on Turbo...
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Turbo Tax does not have a copy of your W-2, but your employer may provide it.
If the W-2 is not available, here are the steps to take to get your W-2.
You can try to import it on TurboTax. (See the process below).
Contact your employer Contact your employer to see if the W-2 has ben sent, and request a duplicate.
Go online, many employers have an online service to provide document like W-2's.
Contact the IRS: If you could not get it from your employer you can contact the IRS.
You can call toll-free at 1-800-829-1040 or contact a Taxpayer Assistance Center Local IRS Office.
You can request a transcript
You must provide your
name,
address, city and state (including zip code),
Social Security Number,
phone number,
Employer’s name,
address, city and state (including zip code), and
employer's phone number
As a last resort, if you have a pay stub you ban complete a for 4852 Substitute for Form W-2
To import your W-2 you will have to have some confirming information.
How do I import or enter my W-2?
4 weeks ago
If you are receiving Social Security Disability payments, you are in the wrong section of the program. There is no EIN or employer number on a SS statement.
To enter Social Security benefits r...
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If you are receiving Social Security Disability payments, you are in the wrong section of the program. There is no EIN or employer number on a SS statement.
To enter Social Security benefits reported on form SSA-1099
Click on Federal Taxes (Personal using Home and Business) Click on Wages and Income (Personal Income using Home and Business) Click on I'll choose what I work on (if shown) Scroll down to Retirement Plans and Social Security On Social Security (SSA-1099, RRB-1099), click the start or update button
4 weeks ago
PatriciaV, Awesome. Thank you for clarifying that. You’re the best.
4 weeks ago
2024 TurboTax premium. The wage & income page versus the add/edit list.
4 weeks ago
When I hit transmit I am the told turbotax needs more info. I hit continue and I am asked to confirm that my three iras are really iras. I check the confirm boxes and hit continue. I am back at the t...
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When I hit transmit I am the told turbotax needs more info. I hit continue and I am asked to confirm that my three iras are really iras. I check the confirm boxes and hit continue. I am back at the transmit screen. The above process just repeats ad repeats
4 weeks ago
Do you get Social Security Disability and a SSA-1099? If it's asking for an EIN number you are entering it in the wrong place. There is no EIN on social security SSA-1099. Enter a SSA-1099, SSA...
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Do you get Social Security Disability and a SSA-1099? If it's asking for an EIN number you are entering it in the wrong place. There is no EIN on social security SSA-1099. Enter a SSA-1099, SSA-1099-SM or RRB-1099 under Federal Taxes (Personal for Home&Business) Wages and Income Then scroll down to Retirement Plans and Social Security Then the second line - Social Security (SSA-1099. RRB-1099) - click the Start or Revisit button
4 weeks ago
Nevermind. I ended up responding "yes" to having a carryforward amount and then put "0" for the amount and that seemed to have worked.
4 weeks ago
Yes, Social Security income is included in the Free edition. If Social Security is your only income, you do not have to file. if you want to prepare and file a return, you can do so by mail.
4 weeks ago
If you're using TurboTax for Desktop, you can complete Schedule K-1 Part II using Forms Mode. Otherwise, the Step-by-Step interview doesn't ask for that information after the first year.
The ac...
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If you're using TurboTax for Desktop, you can complete Schedule K-1 Part II using Forms Mode. Otherwise, the Step-by-Step interview doesn't ask for that information after the first year.
The activity amounts you enter from the K-1 aren't used to populate the capital account section.
4 weeks ago
Topics:
4 weeks ago
You can't change the state on it. If they sent withholding to the wrong state you need to file a return in that state to get it back. Did you get separate 1099R for the IRA and ROTH?
4 weeks ago
This will be a non business bad debt. To enter it select the following:
Deductions and Credits
Non Business Bad Debt under Other Deductions and Credits
How to Report Non-Business Bad Deb...
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This will be a non business bad debt. To enter it select the following:
Deductions and Credits
Non Business Bad Debt under Other Deductions and Credits
How to Report Non-Business Bad Debt on a Tax Return
4 weeks ago
Topics:
4 weeks ago
If this was for work on your personal residence, it is not deductible for tax year 2024. The ability to deduct theft losses of personal property was suspended beginning in tax year 2018. Under c...
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If this was for work on your personal residence, it is not deductible for tax year 2024. The ability to deduct theft losses of personal property was suspended beginning in tax year 2018. Under current tax law casualty and theft losses are only deductible when they are the result of a federally declared disaster. If this was for work on a business or rental property, you can include the amount of money paid as an expense of that business or rental property in the appropriate area in TurboTax.
@burroughsdl
4 weeks ago
If you are using TurboTax Online, try clearing your cache and cookies. Further troubleshooting steps include switching browsers or disabling anti-virus programs. This error usually appears from conne...
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If you are using TurboTax Online, try clearing your cache and cookies. Further troubleshooting steps include switching browsers or disabling anti-virus programs. This error usually appears from connectivity issues.
@chanika1
4 weeks ago
Only the IRS and your State control when and if a Federal or State tax refund is Approved and Issued.
Once a tax return has been Accepted by the IRS or a State, TurboTax receives no further inf...
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Only the IRS and your State control when and if a Federal or State tax refund is Approved and Issued.
Once a tax return has been Accepted by the IRS or a State, TurboTax receives no further information concerning the tax return or the status of any tax refund.
If accepted by the state use this TurboTax support FAQ to check the state tax refund status - https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-refund/track-state-refund/L3jgO8PGs_...
4 weeks ago
if the IRS has assigned you an IPPIN due to past identity theft, it is not voluntary and you can not remove it from your account. The IRS will send you a new IPPIN via mail each year. if you r...
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if the IRS has assigned you an IPPIN due to past identity theft, it is not voluntary and you can not remove it from your account. The IRS will send you a new IPPIN via mail each year. if you requested an IPPIN and therefore it was voluntary, you must obtain the IPPIN from the IRS website each year. it is not automatically mailed to you.
4 weeks ago
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