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April 16, 2025
1:07 PM
Where can the reporting be done on Turbo to accommodate retired railroad workers?
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April 16, 2025
1:07 PM
There are no extensions for the time that tax due needs to be paid. If you pay late, you are just late and your state can bill you for interest owed. Sorry.
You must pay your state tax due ...
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There are no extensions for the time that tax due needs to be paid. If you pay late, you are just late and your state can bill you for interest owed. Sorry.
You must pay your state tax due using the state’s preferred method of receiving payment. For most states that will be by making a payment to the state’s own tax website, or by mailing a check or money order.
https://ttlc.intuit.com/turbotax-support/en-us/help-article/state-taxes/contact-state-department-revenue/L9qVToi02_US_en_US?uid=m6e06um0
WHAT IF I CANNOT PAY MY TAX DUE?
https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-payments/pay-taxes/L8aQBCpPO_US_en_US?uid=m9iryksw
April 16, 2025
1:06 PM
@avadventurespllc What business taxes did you file? I don’t think you can file it under the same account. Did you use the Windows Desktop download Business program to file a business return? Was...
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@avadventurespllc What business taxes did you file? I don’t think you can file it under the same account. Did you use the Windows Desktop download Business program to file a business return? Was it a 1065 or 1120 tax return?
April 16, 2025
1:06 PM
No, if you can't pay, you can set up a payment plan or pay what you can. Extensions are for paperwork, not paying.
April 16, 2025
1:06 PM
Does anyone know when they will process state return for Colorado? Received date is 3/17/2025. My status is Returned received and being processed. Anyone who had the same date / week as mine?
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April 16, 2025
1:06 PM
a state extension was probably due 4/15. it does not extend the time to pay a balance due. for that a payment plan is needed. go to your state's department of revenue website to see if they over a pa...
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a state extension was probably due 4/15. it does not extend the time to pay a balance due. for that a payment plan is needed. go to your state's department of revenue website to see if they over a payment plan option. there will be penalties and interest until the balance is paid in full,
April 16, 2025
1:02 PM
need extension to pay state tax
Topics:
April 16, 2025
1:01 PM
an individual extension is form 4868
if you have a social security number that is to be used
If you’re a nonresident or resident alien and you don’t have and aren’t eligible to get an SSN, you ...
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an individual extension is form 4868
if you have a social security number that is to be used
If you’re a nonresident or resident alien and you don’t have and aren’t eligible to get an SSN, you must apply for an ITIN.
an ITIN is an individual tax identification number that is distinct from a business TIN or EIN.
April 16, 2025
1:01 PM
The best thing to do is to enter the amounts as they should have appeared on the 1099 if it had been corrected, figure the amount of tax due and then pay that amount of tax along with an extension. ...
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The best thing to do is to enter the amounts as they should have appeared on the 1099 if it had been corrected, figure the amount of tax due and then pay that amount of tax along with an extension. That allows you six months to get the corrected 1099-DIV from the brokerage. At which point you can come back and adjust the 1099 if necessary and file the return.
@Pankajkr
April 16, 2025
1:01 PM
Rejected for state and federal tax
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April 16, 2025
1:01 PM
I can't get past this error. No matter what I enter or if I leave the Box 20 Code Z and Code ZZ empty, it always returns the error "Box 20 Code Z (or Code ZZ) has been selected but no Section 199A i...
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I can't get past this error. No matter what I enter or if I leave the Box 20 Code Z and Code ZZ empty, it always returns the error "Box 20 Code Z (or Code ZZ) has been selected but no Section 199A income has been entered on Statement A. I have no income reported on my Statement A. The TT Tax Support library offered no solutions that worked. I had to file an extension while I wait to see if TT can fix this.
April 16, 2025
1:00 PM
You have to add each one as an asset.
April 16, 2025
12:59 PM
You can claim this interest and any real estate taxes that you paid. To enter your mortgage interest in TurboTax Online or Desktop, please follow these steps:
Open your tax return
Select...
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You can claim this interest and any real estate taxes that you paid. To enter your mortgage interest in TurboTax Online or Desktop, please follow these steps:
Open your tax return
Select the Federal Taxes tab
Click on the Search link on upper right of the screen (look for small magnifying lens)
Type in Mortgage Interest
Click on Jump to Mortgage Interest
Under "Mortgage Interest and Refinance" you will follow screens to Let's get the details from your Bank 1098 now
Enter the amount paid for mortgage interest in Box 1. (TurboTax has no separate screen to enter mortgage interest not reported on a Form 1098).
Make sure you enter the amount in USD.
April 16, 2025
12:57 PM
Click on My Info and edit your personal information. You will come to the following screen where you can enter that you can be claimed as a dependent.
April 16, 2025
12:56 PM
It is in the Personal Info section- edit your personal info and there is a page that asks about special situations.
April 16, 2025
12:56 PM
Which state?
If TurboTax "sees" you had a break in coverage it is due to something you entered. You will need to go back and double check your answers in the section asking about Healthcare. You ...
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Which state?
If TurboTax "sees" you had a break in coverage it is due to something you entered. You will need to go back and double check your answers in the section asking about Healthcare. You should not let it go due to the fact that it could create a penalty for lack of coverage.
April 16, 2025
12:55 PM
For an S-Corp (Form 1120S), member distributions are entered under Business Info >> Shareholder Information after continuing past the list of shareholders.
On the page "20XX Distributions to Sha...
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For an S-Corp (Form 1120S), member distributions are entered under Business Info >> Shareholder Information after continuing past the list of shareholders.
On the page "20XX Distributions to Shareholders," check the box for "Yes" and continue.
Enter the TOTAL amount of cash or property distributed in the appropriate box.
TurboTax will allocate according to the ownership percentages.
Continue to the end of the section to save your entries.
You can also enter this information using Forms Mode.
Open Sch K-1 Wks.
Scroll to the bottom of the worksheet.
Enter the allocated distribution total for each shareholder at the bottom of the form.
April 16, 2025
12:53 PM
I'm amending a tax return but cannot find the section where I need to change that to 'No'
April 16, 2025
12:52 PM
Landlord isn't a filing status. It's a job. Your filing status is single or married filing jointly or head-of-household or married-filing-separately. In Virginia you would have to have $11,950 in ...
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Landlord isn't a filing status. It's a job. Your filing status is single or married filing jointly or head-of-household or married-filing-separately. In Virginia you would have to have $11,950 in Virginia source income to have to file a tax return in either case. If the $10,000 in rental income is your only income from Virginia sources then you are not required to file a Virginia state tax return while you are a non-resident. @James34
April 16, 2025
12:50 PM
No, the appreciation is the amount of income you are taxed on- if you do not include it, you will underreport the income.