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Tax Liability Line 6 Tax. Enter method used to figure tax (a code is mentioned QDCGTW)  Line 6 Original (A) $10,069 Net Change (B) $910 Corrected  (C) $10,979 This is where the $910 is coming from ... See more...
Tax Liability Line 6 Tax. Enter method used to figure tax (a code is mentioned QDCGTW)  Line 6 Original (A) $10,069 Net Change (B) $910 Corrected  (C) $10,979 This is where the $910 is coming from and the only "Net Change". Rest are zeros. How did a K-1 total loss of invested capital prompt a net change on Line 20 Amount you owe $910?  K-1 Sch D: entered as Capital $1212  Loss -$1212 Total 0  I tripled checked the numbers and boxes it's entered in. Ran Smart Check a few times. I'm confused.   
what if I increase my deductions by $6000? Will that do the same thing? thx  
I believe Cross River Bank can be involved most commonly if one originally chose the "up to 5 days early" refund offer.  Nothing account specific can be handled in this user community forum.   If y... See more...
I believe Cross River Bank can be involved most commonly if one originally chose the "up to 5 days early" refund offer.  Nothing account specific can be handled in this user community forum.   If you're using Free Edition as shown in the tag underneath your question, you probably won't be able to get free phone support, but you can directly message a TurboTax support agent if you use one of these social media: https://x.com/TeamTurboTax or https://www.facebook.com/turbotax   If you end up not getting help, you can contact the liaison in the office of the president of Intuit for assistance. The contact form and a box for explanation of your issue is here: https://www.intuit.com/company/contact/office-of-the-president/
Do not expect the 2024 software to be re-written for tax laws that recently passed.   The 2025 software will become available in mid to late November and will require many updates in the early tax se... See more...
Do not expect the 2024 software to be re-written for tax laws that recently passed.   The 2025 software will become available in mid to late November and will require many updates in the early tax season.     TAX REFORM CALCULATOR   https://blog.turbotax.intuit.com/tax-reform/tax-reform-calculator-120487/  
@ doubleO7 wrote: Entered the PIN. However, Turbotax desktop not showing an option to re e-file. It takes me to the screenshot I attached and clicking on Review doesn't take me anywhere. Ins... See more...
@ doubleO7 wrote: Entered the PIN. However, Turbotax desktop not showing an option to re e-file. It takes me to the screenshot I attached and clicking on Review doesn't take me anywhere. Instead of using the review link, what happens if you go directly to the FILE tab to see if it will let you resubmit the efile of the amended return?
Hi all, I'm quite new to filing taxes and would appreciate help with a situation that is complex to me.   Right now, I am living in PA and working in MD and have my withholdings set for PA. My par... See more...
Hi all, I'm quite new to filing taxes and would appreciate help with a situation that is complex to me.   Right now, I am living in PA and working in MD and have my withholdings set for PA. My partner is living in NY and will start working in MD in the next couple months (he does not have any NY income this fiscal year). We are planning on getting married around mid-September and will both move down to MD together around that time as well. I will update my address with my employer to the MD address.   We would like to file MFJ for federal taxes but are unsure how to best proceed with state taxes across MD/PA and possibly NY? I sincerely appreciate any help I can get with this!
To build on these questions.  Mom passed away in '20.  Left everything in a trust that I share with three brothers under the trusteeship of older brother.  I transferred my portion of  the mutual fun... See more...
To build on these questions.  Mom passed away in '20.  Left everything in a trust that I share with three brothers under the trusteeship of older brother.  I transferred my portion of  the mutual funds held in the trust in 2022., and liquidated it in 2024  Fidelity 1099R shows me  liable for tax on the full value - but I believe that is incorrect.  Worst case - I believe I should only be liable for tax on the net gain between what I sold it for and what the value was when I transferred my shares from the trust to me (the basis). Is my thinking along the right lines here? 
Last year for 2023 or a 2024 return?  How to Access prior year online returns https://ttlc.intuit.com/community/prior-year-return/help/how-do-i-access-my-prior-year-return/00/27010 If you can't g... See more...
Last year for 2023 or a 2024 return?  How to Access prior year online returns https://ttlc.intuit.com/community/prior-year-return/help/how-do-i-access-my-prior-year-return/00/27010 If you can't get the side menus to open up to access the prior year..... You need to start entering some basic Personal Info in 2024 for the side menu to open up. Just continue a little ways into 2024. I had to go though about 12 screens. If you used the Desktop CD/Download program then the only copy is on your computer and not saved or stored online. So you need to make and keep your own backups. Or request a transcript from the IRS https://www.irs.gov/individuals/get-transcript Or get a copy of your return using form 4506 https://www.irs.gov/pub/irs-pdf/f4506.pdf
Where does it show the $910 tax due?   Go by the actual 1040X.  Line 18 should be your original refund amount and line 22 should be your additional refund.  If you paid on your original return it wi... See more...
Where does it show the $910 tax due?   Go by the actual 1040X.  Line 18 should be your original refund amount and line 22 should be your additional refund.  If you paid on your original return it will be on line 16.  If there is an amount owed with the amendment, it will be on line 20.   If you have a tax due, do not send the 1040V.  Just include a check with the 1040X.  Ignore the 1040V.  That is for the original return or what the original return would have been if it didn’t need correcting.  Don’t pay the amount on the 1040V.  Pay the amount on the actual 1040X line 20.  And ignore the new 1040.      Or You can pay the IRS directly at Https://www.irs.gov/payments   Pick Amended and 1040X on the payment page.
I am an NRA on F1-OPT and started working as full time employee. I am eligible for tax treaty benefits under Article 21(2); however my new company has not considered it. They have asked me to submit ... See more...
I am an NRA on F1-OPT and started working as full time employee. I am eligible for tax treaty benefits under Article 21(2); however my new company has not considered it. They have asked me to submit Form W-4, which has NRA marked at step 4(c). My question is : 1. Do I need to submit Form 8233 instead of W-4? My employer says form 8233 is only for independent contractors and not applicable to me since I am full-time employee. 2. Is there a different correct way to have the employer correctly consider tax treaty benefits?   Which form to submit W-4 or Form 8233 as a NRA on F1-OPT?
I just need to remove this form and have 5359 with Exemption 14 trying to add. Any help? Thank you!
I submitted my original 1040 individual tax in March 2025 and paid the full owed amount then. Received a K-1 late in June 2025 and had to upgrade to a Premier version from a Deluxe online to amend my... See more...
I submitted my original 1040 individual tax in March 2025 and paid the full owed amount then. Received a K-1 late in June 2025 and had to upgrade to a Premier version from a Deluxe online to amend my tax return yesterday thus paying a fee of $35. I had a $1212 loss on my K-1 Sch. 1065 (entered as a negative) and it shows I "owe" $910.  Nothing else changed. If I had a loss why am I paying? I already paid $1230 with my original filing in March and now on top of that it's asking for $910 though I had a loss. Can anyone explain? By the way, a TurboTax Accountant walked me through the process of amending/including the K-1 yesterday as I wanted to make sure it was done correctly the first time. He didn't notice it or was in a hurry for his feedback. 
Only the additional income you are adding.   You start with your original return and click on Amend.  The refund monitors at the should reset to zero but all your original entries will still be there... See more...
Only the additional income you are adding.   You start with your original return and click on Amend.  The refund monitors at the should reset to zero but all your original entries will still be there.   Then you only enter the new info you are adding or delete items.   You should not amend until the first return has fully processed and you get the first refund or your tax due payment has cleared.  But first be sure to save a copy of your original return since the amended return will overwrite it.   You can find Amend under Federal Taxes or Personal (for Home & Business) Other Tax Situations   How to Amend this year https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-return/amend-federal-tax-return-current-year/L7eS6o1qh_US_en_US
do I add the additional income or the entire amount for the year
@mearley9892  Champ @pk makes an excellent point.    If your child's Social Security card actually does say that it is not valid for employment, then you are not eligible for the child-related credit... See more...
@mearley9892  Champ @pk makes an excellent point.    If your child's Social Security card actually does say that it is not valid for employment, then you are not eligible for the child-related credit.  What does it say on the SS card?