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AnnetteB6

No, AmyC's advice was not incorrect. The distinction is whether you used the space for personal purposes or not during the time it was being advertised and/or rented. If there was no personal use a...

No, AmyC's advice was not incorrect. The distinction is whether you used the space for personal purposes or not during the time it was being advertised and/or rented. If there was no personal use at all when it was being advertised and rented, then AmyC is correct. If there was personal use during the time it was being advertised and/or rented, then you should follow the advice referenced by ThomasM125. The sections of IRS Publication 527 that he referenced are explaining how to determine rental days when the property in question is being used personally and being treated as a rental property during the same time period. @paulkeskeys

amayajade200618

MaxA1

1099-S is normally given to you along with the closing documents upon selling the home. It may also be mailed to you during the beginning of the year, like any other 1099 or W-2. You can also downl...

1099-S is normally given to you along with the closing documents upon selling the home. It may also be mailed to you during the beginning of the year, like any other 1099 or W-2. You can also download your IRS Wage and Income Transcript via your IRS account and it should have the 1099-S information there. If can't retrieve your Form 1099-S, just use the Sales Price of the property that is listed in the closing statement documents. Here's a link to the IRS website were you can login or make your IRS account so you can download your wage and income transcript for the year: Online account for individuals

CesarJ

If your New Mexico amended return shows changes as the result of filing an amended federal return, attach a copy of your federal amended forms and schedules. If this isn't the case, you general...

If your New Mexico amended return shows changes as the result of filing an amended federal return, attach a copy of your federal amended forms and schedules. If this isn't the case, you generally only need to send the completed and signed PIT-X form to the New Mexico Taxation and Revenue Department.

JamesG1

In TurboTax Online, go to My Info down the left side of the screen to update personal information. In the Wisconsin income tax return, at the screen Head of Household and Not Married or Married...

In TurboTax Online, go to My Info down the left side of the screen to update personal information. In the Wisconsin income tax return, at the screen Head of Household and Not Married or Married, did you select Yes or No? You may need to revisit your entries at this screen.

SteamTrain

@jgb You might be one of the few folks who have to delete the "Social Security Benefits Worksheet" first. For some reason this is happening to a few people...and deleting that form first, ha...

@jgb You might be one of the few folks who have to delete the "Social Security Benefits Worksheet" first. For some reason this is happening to a few people...and deleting that form first, has fixed the problem for others. ________________________ It's easy to do in Forms Mode" for those using the Desktop software. But for the "Online" users: 1) open your tax return 2) Go to the left-side menu 3) Click on "Tax Tools".....then "Tools" 4) From the pop-up menu, select "Delete a form." 5) Find the "Social Security Benefits Worksheet" and hit the trashcan to the rt of it. 6) Scroll to the bottom of the page and hit "Continue" 7) go back to the SSA-1099 are and it should work now.

redmarlen

@DanaB27 Token 1341613 Thank you very much for your reply. I understand how Turbo Tax came up with those numbers. In line 10 it does 14000/55203=0.254. Line 11 6913*0.254=1753. But isn't it a mistak...

@DanaB27 Token 1341613 Thank you very much for your reply. I understand how Turbo Tax came up with those numbers. In line 10 it does 14000/55203=0.254. Line 11 6913*0.254=1753. But isn't it a mistake ? The guidelines for line 10 say "devide line 5 by line 9". Line 5 is populated with 7000 in Turbotax, which is correct. But instead of doing 7000/55203 = 0.127 it does 14000/55203 = 0.253. So Turbotax does not devide the number it has in line 5, but different number. Isn't it a mistake?

Hal_Al

Q. Why then should I ignore a 1099-Q because I've researched it and decided the 529 to Roth rollover was not taxable? A. Basically because the IRS says you can. A closely related example is the Sa...

Q. Why then should I ignore a 1099-Q because I've researched it and decided the 529 to Roth rollover was not taxable? A. Basically because the IRS says you can. A closely related example is the Savings bond exclusion. If you cash savings bonds and use the proceeds for education (including a rollover to a 529), the IRS makes you fill out form 8815 to show the calculations for the exclusion of interest. There is no similar form for a 529 distribution because the IRS knows most distributions are qualified. And it will not sent the TT worksheet to the IRS. Your tax filing reports nothing about the 1099-Q and the 529 distribution. Q. That information must be sent to the IRS, right? A. No, just the opposite. When the box 1 amount on form 1099-Q is fully covered by expenses, TurboTax will enter nothing about the 1099-Q on the actual tax forms. It's been many years since I've seen a post, in this forum, about the IRS questioning a 1099-Q. I got one myself, about 11 years ago. Like your case, it was easily explained and accepted by the IRS.

BuckarooInc

How are1099R copies forwarded thru e-file process?

MinhT1

It appears that you are not an owner of this house. You are only the co-borrower or the co-signor on a loan taken on the house. As such, you do not have to report anything about the sale of the...

It appears that you are not an owner of this house. You are only the co-borrower or the co-signor on a loan taken on the house. As such, you do not have to report anything about the sale of the house on your tax return.

MaxA1

Follow these steps to apply your refund to next year and set up estimated (ES) tax payments: Go to Other tax situations Additional Tax payments Start the Apply Refund to Next Year sect...

Follow these steps to apply your refund to next year and set up estimated (ES) tax payments: Go to Other tax situations Additional Tax payments Start the Apply Refund to Next Year section Follow the prompts Then, go back to Other tax situations Other Tax forms Start the Form W-4 and Estimated Taxes Section Follow the prompts to calculate your quarterly ES payments Here's some links that provide more information on this: How do I apply my refund to next year's (2026) taxes? Estimated Taxes: How to Determine What to Pay and When How do I print estimated tax vouchers?

CatinaT1

Being away for school is considered a temporary absence and you count the time as living with you; but based on the details you provided though, no, you cannot claim your son as a dependent for 2025....

Being away for school is considered a temporary absence and you count the time as living with you; but based on the details you provided though, no, you cannot claim your son as a dependent for 2025. The IRS has two distinct categories for dependents: a "Qualifying Child" and a "Qualifying Relative." Your son unfortunately misses the requirements for both. To be claimed as a qualifying child: He must be under age 24 at the end of the tax year. Since he is already 24, he misses this. Even if he were 23, the IRS requires a student to be enrolled full-time for at least 5 months out of the year. Because he started in September, he was only a student for 4 months (September, October, November, December) in 2025. Because he aged out of the "Child" category, the IRS looks to see if he can be claimed as a "Relative." To be claimed as a qualifying relative: In 2025, that person’s gross income for the entire year cannot exceed $5,200. Because your son earned $14,000, he is completely disqualified from being your dependent, regardless of the fact that you paid his bills and supported him. Because he is legally disqualified from being claimed, you should not add him to your tax return at all. Because he cannot be claimed as a dependent, he will file his own 2025 tax return as an independent single filer. Since his income is only $14,000, his standard deduction ($15,000 for single filers in 2025) will wipe out his federal income tax liability, meaning he should get back all the federal income taxes his employer withheld.

LeticiaF1

Los errores de pago pueden ser porque la dirección de la tarjeta no concuerda con la dirección en la declaración, por problemas con el navegador, o problemas con la autorización de la tarjeta. ...

Los errores de pago pueden ser porque la dirección de la tarjeta no concuerda con la dirección en la declaración, por problemas con el navegador, o problemas con la autorización de la tarjeta. Para resolver esto, asegúrate de que la dirección en tu declaración concuerde con la dirección de la tarjeta, verifica la información de tu tarjeta, borra tus archivos temporales, usa otro navegador, o intenta otro método de pago. Sigue las instrucciones para borrar tus archivos temporales dependiendo del navegador que estés utilizando: Google Chrome Mozilla Firefox Microsoft Edge Si el problema persiste, no dudes en contactarnos de nuevo.

AnnetteB6

The property itself will be entered as an Asset under the Schedule E Rental Income and Expenses section of your return. In the Property Profile section, if you checked the box that this is th...

The property itself will be entered as an Asset under the Schedule E Rental Income and Expenses section of your return. In the Property Profile section, if you checked the box that this is the first year you are renting the property and it is the first year, then questions about the property itself that are needed to set up the depreciation should be asked automatically. If this is not the first year you rented the property, then go to the Assets section to enter the depreciation details for the property. Based on the information you enter, TurboTax will calculate the depreciation amount for you. Use the information in the following TurboTax help article to get started: Where do I enter income and expenses from a rental property?

CatinaT1

Once your return is filed, TurboTax has no control over the processing or the timing when the IRS releases your refund. The IRS states that most federal tax refunds are issued within 21 days o...

Once your return is filed, TurboTax has no control over the processing or the timing when the IRS releases your refund. The IRS states that most federal tax refunds are issued within 21 days of acceptance, however, some may take longer if they require additional review. Also, by law, the IRS cannot issue EITC or ACTC refunds before mid-February. This applies to your entire refund, not just the portion related to those specific credits. Here are a few FAQs to help you track your refund: When will I get my federal tax refund? How do I track my state refund? Why does Where's My Refund say "approved" but TurboTax still says "accepted"? Why do some refunds take longer than others? What if my IRS refund is taking longer than 21 days?

hjohnsonx02

CatinaT1

Here is a link to contact  Turbo Tax Customer Service.

CesarJ

For Arizona Form 322, which relates to contributions or fees paid to public schools, you enter the amount in TurboTax under the Arizona state tax credits section. To enter these contributions in T...

For Arizona Form 322, which relates to contributions or fees paid to public schools, you enter the amount in TurboTax under the Arizona state tax credits section. To enter these contributions in TurboTax Deluxe 2025 Online: 1. Navigate to the State Taxes section and select Arizona. 2. Find the subsection for Arizona Credits or look specifically for education-related credits. 3. Locate the option for Form 322 Contributions to Public Schools or similar. 4. Enter the total amount of your contributions or fees paid to public schools. TurboTax will then apply any eligible credit based on your entry.

CatinaT1

Here is a link to contact  Turbo Tax Customer Service.

MaxA1

Yes. Since rent is below FMV, it is treated as "not-for-profit" (or "personal use") income rather than standard business rental income. You generally would report this income on Schedule 1 (Form 104...

Yes. Since rent is below FMV, it is treated as "not-for-profit" (or "personal use") income rather than standard business rental income. You generally would report this income on Schedule 1 (Form 1040), Line 8j, and you can't deduct rental expenses that exceed income. So, if your expenses wipe out your income, you technically have no income to report, it's basically a wash. Additionally, you could include ‌property taxes, mortgage interest and mortgage insurance premiums, if any on Form Sch A, itemized deductions for your main home and second home. So this could be something worth looking into to see if itemized deductions would be more beneficial than the Standard Deduction. Here's a link to an FAQ from the IRS regarding a similar situation that may be of help: IRS FAQ - I am renting a house to my son and daughter-in-law. Can I claim rental expenses? [Edited 03/19/26 | 7:07 am PST] @piverson999

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Re: How do a specify square footage or percentage for a partially rented out house so I can accur...

Can anyone tell me when we're gonna get our refunds? Mine said end of feburary now it says beginning of May I have a baby on the way and need it

Re: Sold Rental property

Re: Do I need to mail something in for an amended New Mexico return. Customer service lady was wo...

Re: I need to correct information on my wisconsin information worksheet.How do I do that

Re: Clicking "Revisit" next to Social Security SSA-1099 does not open a page to enter the information

Re: Turbotax is populating From 8606 Incorrectly

Re: is there a software bug that is not allowing me to enter room and board expense to offset a 529 plan qualified distribution?

Re: Is it required to file a paper return if you have a 1099-R or can you file electronically? If I e-file, do I have to mail a copy of the 1099-R to the IRS?

Re: I sold a house with my brother in 2025 I received no proceeds and he received 100% proceeds I...

Re: Want to apply federal refund to 2026 taxes and get quarterly 2026 estimated tax payment sched...

Re: How to answer how many months son lived with us if he's college student

Re: Porque me aparece “error de pago” cuando intento presentar la declaración?

Re: where in turbo tax do i enter the depreciation of rental properties?

Re: Why hasn’t my tax status been updated at all?

Why hasn’t my tax status been updated at all?

Re: Turbotax said I used my 5 efiles after I filed just ONE return. I have two others I started a...

Re: where is form 322

Re: TurboTax Full Service 2025: TaxExpert mistake

Re: If a relative is paying me money to stay in my house do I have to report the income?

Do you have a TurboTax Online account?

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