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April 7, 2025
12:08 PM
Thank you Dana for your respond. I am not eligible for roth IRA contribution, so have been doing backdoor in $6000 in 2020 and $6000 in 2021. No contribution in 2022, and 2023. So I forgot how ...
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Thank you Dana for your respond. I am not eligible for roth IRA contribution, so have been doing backdoor in $6000 in 2020 and $6000 in 2021. No contribution in 2022, and 2023. So I forgot how to do backdoor in 2024, and contributed $7000 directly to Roth, and then immediately withdraw the $7000 in 2024. Since my roth IRA fund is from conversion from traditional IRA in 2020 and 2021, do they count as Roth IRA contributions where you want me to enter at Continue through the questions and make sure you enter the net contributions prior to 2024 on the "Enter Prior Year Roth IRA Contributions" screen Thank you for your help!
April 7, 2025
12:08 PM
Depending on what type of Foreign Income you have, the foreign tax you paid is reported in the Foreign Tax Credit section, under Deductions & Credits.
The income is reported in the Income secti...
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Depending on what type of Foreign Income you have, the foreign tax you paid is reported in the Foreign Tax Credit section, under Deductions & Credits.
The income is reported in the Income section in the appropriate topic (such as Rental, Self-Employment, Wages, etc.)
If you paid Foreign Tax on a 1099-INT/DIV, when you report the income, the tax amount is carried over to the Foreign Tax Credit section for you.
Here's more info on Claiming the Foreign Tax Credit.
@ladyswg
April 7, 2025
12:07 PM
In 2024, I receive $88 per month as a Veterans Pension Benefit. Which totaled $1056 for 2024. Is this Tax Free as I understand it?
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April 7, 2025
12:07 PM
If you are in the My Info portion of the return and it is requesting your job, you can simply type Retired
April 7, 2025
12:07 PM
Order Summary Not Available - Why I find my Order Summary
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April 7, 2025
12:07 PM
Same with me. NJ "accepted" my return on Feb 6. Today is April 7 and it's still showing as "Processing".
April 7, 2025
12:07 PM
1 Cheer
If you do not have any tax due but a tax refund, you are not required to file an extension.
April 7, 2025
12:06 PM
1 Cheer
Answer no. It is a question PA now is asking to all PA tax filers. There is no type of penalty for not having insurance in PA. It has no affect on your return. It is similar to how PA asks if you wa...
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Answer no. It is a question PA now is asking to all PA tax filers. There is no type of penalty for not having insurance in PA. It has no affect on your return. It is similar to how PA asks if you want to register to vote when you get your drivers license. It is just the state trying to make things easier for people to apply for while doing something else.
April 7, 2025
12:06 PM
It might be technically available, but I just filed my VA return through TurboTax online and it didn't appear to attach the form, but should have. Is there some other way TurboTax is reporting this i...
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It might be technically available, but I just filed my VA return through TurboTax online and it didn't appear to attach the form, but should have. Is there some other way TurboTax is reporting this information?
April 7, 2025
12:05 PM
This is something you will have to work out with the IRS. You can call the IRS: 1-800-829-1040 hours 7 AM - 7 PM local time Monday-Friday.
Also, if you can not verify him using last year's AGI,...
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This is something you will have to work out with the IRS. You can call the IRS: 1-800-829-1040 hours 7 AM - 7 PM local time Monday-Friday.
Also, if you can not verify him using last year's AGI, you may have to mail your tax return. If you can't find your AGI to e-file, you can print and mail your return.
You can follow this to mail your tax return: How do I file my return by mail?
You stated that your 2023 refund amount was not as expected, but you did receive one? So the return was processed for 2023.
You can use this IRS tool Where's My Refund? to check on the status of your refund. It provides updates regarding the processing of your tax return.
If your refund is missing, you can Use IRS Form 3911. This form notifies the IRS about the missing refund and initiates a 'trace' on your refund.
Check the "Where's My Refund" tool before filing Form 3911 because Form 3911 is only helpful if the IRS has processed your tax return and the refund has been issued.
If the "Where's My Refund?" tool confirms that your refund has been sent to you but you have not received it, you should consider filing Form 3911.
This article provides some more details about filing Form 3911. Click here for "Missing your Tax Refund Payment? File Form 3911"
Click here for Form 3911.
Click here for additional information about Form 3911.
Click here for How do I find last year's AGI?
April 7, 2025
12:05 PM
Yes it was my state. I didn’t have any federal taken out of my checks because of my income being low of 7k during 2024. And didn’t owe any money on my taxes for federal. Could that be the reason why?
April 7, 2025
12:05 PM
You can't claimed the donation without the signed form.
Per IRS: You must attach the completed Form 8283 with all the required signatures to your tax return, either as a PDF attachment when electr...
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You can't claimed the donation without the signed form.
Per IRS: You must attach the completed Form 8283 with all the required signatures to your tax return, either as a PDF attachment when electronically filed, or mailed to the IRS with Form 8453.
April 7, 2025
12:04 PM
I am not a household worker. I earned $450 from one employer and $150 from another employer, too little for a W2. Where can I enter that income in TurboTax?
April 7, 2025
12:04 PM
Yes, a recreational vehicle qualifies as a second home for the mortgage interest deduction, as long as it has sleeping, cooking, and bathroom facilities. In order to take the deduction, you must item...
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Yes, a recreational vehicle qualifies as a second home for the mortgage interest deduction, as long as it has sleeping, cooking, and bathroom facilities. In order to take the deduction, you must itemized your deductions, as opposed to taking the standard deduction.
April 7, 2025
12:04 PM
If you are using TurboTax Online, you will need to delete and re-enter your entries. When you go in to delete the information, the Forms don't show as 1098, they show as Home Mortgage Interest Works...
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If you are using TurboTax Online, you will need to delete and re-enter your entries. When you go in to delete the information, the Forms don't show as 1098, they show as Home Mortgage Interest Worksheet.
To delete the forms:
Continue your return
Select Tax Tools option on the left menu
Select Tools
Under Other Helpful Links, choose Delete a form
Find the home mortgage interest worksheets and delete them
Once you delete the forms, reenter them. Make sure that you don't enter any 0 for any boxes that are blank.
Where do I enter my 1098 mortgage interest statement?
If you are using TurboTax Desktop, then switch to Forms mode by selecting the Forms icon. In the federal section, go to Home Interest Worksheet. Make sure that If lines 3b and 8 are 0- delete them.
@LauDiet
April 7, 2025
12:03 PM
I don't owe any federal tax but need to file for extension. Do I have to file extension?
April 7, 2025
12:03 PM
Andrew, I was having a similar situation with my total gain not corresponding with my proceeds and cost basis. I found the answer. It was due to a disallowed wash sale. The math was taking from my Pr...
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Andrew, I was having a similar situation with my total gain not corresponding with my proceeds and cost basis. I found the answer. It was due to a disallowed wash sale. The math was taking from my Proceeds, adding the Disallowed Wash Sale to that figure. Then the cost basis was subtracted from that figure. The Disallowed Wash Sale was then subtracted from that new figure. That new amount was the total gain that was displaying in TurboTax.
April 7, 2025
12:03 PM
Topics:
April 7, 2025
12:03 PM
You CAN choose to print and mail your return. All you need to do at the end of your return when filing select that you will file your state later, do not choose to e-file.
Then go to the print...
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You CAN choose to print and mail your return. All you need to do at the end of your return when filing select that you will file your state later, do not choose to e-file.
Then go to the print center and make sure there is a check mark in the box for 2024 Pennsylvania Tax Return. Then you can print and mail your return. The filing instructions will print along with it.