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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.
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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
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April 6, 2025
9:24 PM
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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?
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April 6, 2025
9:21 PM
How do you know it was accepted?
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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
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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.
April 6, 2025
9:20 PM
Income in prior years is not relevant. You can contribute only up to the amount of your 2024 compensation, or the max, whichever is less. @MJ991
April 6, 2025
9:18 PM
see this link to treasury direct. it could be what you report as accrued interest is what they article refers to as deferred interest.
https://www.treasurydirect.gov/savings-bonds/hh-bonds/hh-bond...
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see this link to treasury direct. it could be what you report as accrued interest is what they article refers to as deferred interest.
https://www.treasurydirect.gov/savings-bonds/hh-bonds/hh-bonds-tax-information/#id-when-do-i-get-interest--677187
further questions use the contact us link.
April 6, 2025
9:18 PM
I checked the box that someone CAN claim me but will not claim me on their tax return because I am 21 and in college and I do not have earned income. But I do have unearned income. My tax rate triple...
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I checked the box that someone CAN claim me but will not claim me on their tax return because I am 21 and in college and I do not have earned income. But I do have unearned income. My tax rate triples because I am forced to pay at my parents' rate. Is there a way around this? My grandparents saved money in a 529 plan that pays my tuition and room/board, so my parents are not paying for my college. Does this mean I can say that NO ONE can claim me as a dependent?
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April 6, 2025
9:11 PM
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April 6, 2025
9:11 PM
I created it some time in the past. I did have the current PIN. On the third try with the correct PIN supposedly entered in TurboTax, the return was finally accepted.