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April 14, 2025
9:06 PM
My market insurance ended in June 2024, but turbotax telling blanks have to be filled.
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April 14, 2025
9:05 PM
My sister and her 2 children moved into my home in April 2024 and still live with me. Her husband lives out of state and he is in the military.
April 14, 2025
9:05 PM
I sold personal items (ticket resale) for no gain or a loss, while this amount was less than the threshold for 2024 I understand it needs to be filed. My 1099-K form that I received is missing informa...
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I sold personal items (ticket resale) for no gain or a loss, while this amount was less than the threshold for 2024 I understand it needs to be filed. My 1099-K form that I received is missing information for boxes 7 and 8, but has 6 filled in. Turbotax keeps asking me to review the entries to proceed, what should I do?
April 14, 2025
9:05 PM
https://turbotax.intuit.com/irs-tax-extensions/
https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-extension/need-file-extension-personal-state-taxes/L32Mt8ZNv_US_en_US?uid=m9a3q808
April 14, 2025
9:05 PM
My high yield savings account provided me with a 1099-INT form, with no state information under box 15. Turbotax keeps telling me to fix that information by not leaving it blank, even though box 15 is...
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My high yield savings account provided me with a 1099-INT form, with no state information under box 15. Turbotax keeps telling me to fix that information by not leaving it blank, even though box 15 is blank on my 1099-INT.
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April 14, 2025
9:05 PM
Thank you!!! Worked for me. Left the State blank as well.
April 14, 2025
9:05 PM
Thank you, I am just going to click "This was a manufacturer's incentive payment" for both of them because the Webull free stocks were a one time payment of random stocks for referring 3 friends. I c...
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Thank you, I am just going to click "This was a manufacturer's incentive payment" for both of them because the Webull free stocks were a one time payment of random stocks for referring 3 friends. I certainly don't do it enough for it to be considered a business.
April 14, 2025
9:05 PM
April 14, 2025
9:05 PM
There are two types of dependents--Qualifying Child and Qualifying Relative. If your adult son is not permanently and totally disabled he can be a qualifying relative for whom you get the $500 cre...
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There are two types of dependents--Qualifying Child and Qualifying Relative. If your adult son is not permanently and totally disabled he can be a qualifying relative for whom you get the $500 credit for other dependents if he meets the criteria to be a qualifying relative.
WHO CAN I CLAIM AS A DEPENDENT?
You can claim a child, relative, friend, or fiancé (etc.) as a dependent on your 2024 tax return as long as they meet the following requirements:
Qualifying child
They're related to you.
They aren't claimed as a dependent by someone else.
They're a U.S. citizen, resident alien, national, or a Canadian or Mexican resident.
They aren’t filing a joint return with their spouse.
They're under the age of 19 (or 24 for full-time students).
No age limit for permanently and totally disabled children.
They lived with you for more than half the year (exceptions apply).
They didn't provide more than half of their own support for the year.
Qualifying relative
They don't have to be related to you (despite the name).
They aren't claimed as a dependent by someone else.
They're a U.S. citizen, resident alien, national, or a Canadian or Mexican resident.
They aren’t filing a joint return with their spouse.
They lived with you the entire year (exceptions apply).
They made less than $5050 in 2024. (Not counting Social Security)
You provided more than half of their financial support.
When you add someone as a dependent, we'll ask a series of questions to make sure you can claim them. There may be other tax benefits you can get when you claim a dependent.
Related Information:
What does "financially support another person" mean?
April 14, 2025
9:05 PM
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April 14, 2025
9:04 PM
yes or no: Can I report on my 2024 Alabama state return, the extra federal taxes I paid in 2024 for 2022 returns? History: A 1099(?) wasn't sent to me until after I had filed my 2022 taxes therefore t...
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yes or no: Can I report on my 2024 Alabama state return, the extra federal taxes I paid in 2024 for 2022 returns? History: A 1099(?) wasn't sent to me until after I had filed my 2022 taxes therefore that income was NOT reported to Fed nor state. I received a "notice of delinquency" from the IRS for taxes owed on that income which was from a small account r/t my inheritance after my mom's death.
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April 14, 2025
9:04 PM
Based on Us and China treaty. There is a $5000 exemption and the fellowship exemption. I got a 1042-S for fellowship. And it seems the $5000 didn’t get exempted according to my W2. I am a resident al...
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Based on Us and China treaty. There is a $5000 exemption and the fellowship exemption. I got a 1042-S for fellowship. And it seems the $5000 didn’t get exempted according to my W2. I am a resident alien for tax purposes. Can I claim both exemption and how?
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April 14, 2025
9:03 PM
You can disregard. While this is what is visually causing the change, something else is ultimately driving the change....its just not clear what it is.
April 14, 2025
9:03 PM
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April 14, 2025
9:03 PM
I'm a nonresident of Georgia investing in a real estate syndication that has losses in 2024. I want to show these passive losses to offset against future income from the investment. I've entered the ...
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I'm a nonresident of Georgia investing in a real estate syndication that has losses in 2024. I want to show these passive losses to offset against future income from the investment. I've entered the net loss from real estate activities from GA Form 700, as well as the additions to federal income and subtractions from federal income (which I believe are depreciation related). However, I'm getting an error that Schedule 3, Line 8A for income and adjustments from all sources does not equal Georgia source amount plus other state source amount. Backing into the numbers, I can tell I am out by the net loss from RRE activities, but unsure of how to show this on the GA return.
April 14, 2025
9:03 PM
I started a new business and received $8000 from investors as well as put in 1000 of my own money to get it started and I don't know how to enter that
April 14, 2025
9:03 PM
1 Cheer
One of the threads mentioned above stated that you cannot fix this in the step by step view. You must go into forms view and make a change. I followed that and Turbotax let me e-file, but it is sti...
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One of the threads mentioned above stated that you cannot fix this in the step by step view. You must go into forms view and make a change. I followed that and Turbotax let me e-file, but it is still pending in the NJ system. (Federal was accepted.) I got confirmation from NJ Division of Taxation that accrued market discount on UST is tax exempt, but it is not true in every state. TaxAct has a nice screen in their NJ module. It presents what it thinks are NJ taxable and tax exempt interest and allows you to adjust them. Wish Turbotax had this.
April 14, 2025
9:03 PM
Unless your adult child is age 24 or under and a full time student or permanently and totally disabled, you can't claim him as a Qualifying Child. However, you may be able to claim him as a Qualifyi...
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Unless your adult child is age 24 or under and a full time student or permanently and totally disabled, you can't claim him as a Qualifying Child. However, you may be able to claim him as a Qualifying Relative. See the following TurboTax article for more information:
Rules for Claiming Dependents on Taxes
April 14, 2025
9:02 PM
I had this message when I imported information for dividend interest. The message went away if i continued to the next page and answered the question that no other conditions applied.