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April 6, 2025
9:37 PM
Topics:
April 6, 2025
9:35 PM
Preparing the 2024 return it seems I owe $ to federal tax while I will get $ refund from state tax. I was thinking if I could receive the refund and use it to pay the federal tax. Question- If I...
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Preparing the 2024 return it seems I owe $ to federal tax while I will get $ refund from state tax. I was thinking if I could receive the refund and use it to pay the federal tax. Question- If I file my federal and state returns by April15, can I delay paying $ to federal by, 2-3months? Doing so, will I be charged interest or late-fee penalty?
April 6, 2025
9:34 PM
[phone number removed]-60151317
April 6, 2025
9:34 PM
Cannot file in time for deadline so far I do not owe.
April 6, 2025
9:33 PM
Turbotax won't let me file until I fix it, but there is no link to fix it.
April 6, 2025
9:29 PM
I have applied ITIN for my child along with Federal TAX return filing in 2023. The ITIN got rejected with the reason that I haven't claimed child tax credit. This happened as the checkbox "Credit for...
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I have applied ITIN for my child along with Federal TAX return filing in 2023. The ITIN got rejected with the reason that I haven't claimed child tax credit. This happened as the checkbox "Credit for other dependents" was not selected in 1040. I was asked by the IRS to send the documents via mail for ITIN and I received ITIN for my child. But, the child tax credit $500 was not refunded in 2023. I'm planning to AMEND 2023 returns to get the child tax credit. Can someone guide through the process?
April 6, 2025
9:27 PM
I'm being charged $150 on my credit card, and this should had cost me $59 for state return. I should not have been charged $79 for the basic. this is ridiculous! and there was no way to undo what they...
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I'm being charged $150 on my credit card, and this should had cost me $59 for state return. I should not have been charged $79 for the basic. this is ridiculous! and there was no way to undo what they have done! The instructions that was given to use to get the payment canceled didn't go along with the information on the forms that were given. I did not have a Federal refund, only state refund. by the time I realized what was done, it was to late on my side.
Topics:
April 6, 2025
9:27 PM
@nexchap Instead of a merger between MLPs, how would this example change if an MLP A underwent a conversion to C-Corp A and the event was not taxable? I assume you would still go into TT and sel...
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@nexchap Instead of a merger between MLPs, how would this example change if an MLP A underwent a conversion to C-Corp A and the event was not taxable? I assume you would still go into TT and select "Partnership Ended" and "Disposition was not via a sale". Suspended/passive losses is a bit confusing though. In terms of the suspended/passive losses, I assume these are not recognized upon conversion, and would instead be recognized if/when your c-corp shares are sold.
April 6, 2025
9:26 PM
April 6, 2025
9:24 PM
Topics:
April 6, 2025
9:24 PM
Topics:
April 6, 2025
9:23 PM
I always report the sales price per the escrow settlement document. Everything else goes under cost of sale including any reimbursement that would inessence be a negative expense.
April 6, 2025
9:23 PM
Coming back to my original post after one year and still Turbotax has not taken a notice of this issue. Not sure if they monitor these POSTS and see how they can improve their product. Same BUG, same...
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Coming back to my original post after one year and still Turbotax has not taken a notice of this issue. Not sure if they monitor these POSTS and see how they can improve their product. Same BUG, same Issue, after one year. Some one needs to provide their development team lessons about how OPTIONS contracts work, If you are seller of the contract how they work if they get expired, etc. Not sure if they really understand the problem in the first place and then fixing it. Is there a way to log this as a defect with their software?
April 6, 2025
9:23 PM
No.. each year requires a separate app.
April 6, 2025
9:22 PM
try entering the lower of cost or 12500 (or less)
the 179 deduction is limited to net income before the 179 deduction.
April 6, 2025
9:22 PM
I have unused Turbotax 2023 software. Can it be used to prepare a 2024 return?
Topics:
April 6, 2025
9:21 PM
How do you know it was accepted?
Topics:
April 6, 2025
9:21 PM
I never know whether to put 3 year rule , general rule or none appy for 401k distribution in NJ
Topics:
April 6, 2025
9:20 PM
I agree. This is TurboTax answer to me last year as well and I ended up mailing in the tax instead of e-filing. My story is that in 2023, it asked for pin in 2022, but I did not have the filing ...
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I agree. This is TurboTax answer to me last year as well and I ended up mailing in the tax instead of e-filing. My story is that in 2023, it asked for pin in 2022, but I did not have the filing for 2022, so there is no record of last year e-pin number. The software asked for the last year e-pin, but since there was no 2022, I am stuck. Fast forward to 2024, I am again asked for 2023 which I did not e-file because of the same problem. It looks like I am stuck again because of this e-pin issue. This will be two years in the row that I have to mail in the tax because Turbo Tax did not fix the problem with this e-pin issue. I am truly disappointed in Turbo Tax for not having the answer for the problem that plague so many users.