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Turbo tax is flagging issue because I do not have a moving date for him but he did not move yet but I don't see an option to change his status to resident
Please clarify your question by providing some additional information so we may better help you. Such as: What version of TurboTax are you using? What TurboTax screen are you on? What exactly is Turb... See more...
Please clarify your question by providing some additional information so we may better help you. Such as: What version of TurboTax are you using? What TurboTax screen are you on? What exactly is TurboTax asking you for? Are you entering your schedule C? Does it say "QBI at risk op loss?
My 2024 return was rejected for IND-031-04 which we have determined via the IRS 2023 transcript that the 2023 AGI to be in error. I used what I thought was the last file used to file my 2023 taxes bu... See more...
My 2024 return was rejected for IND-031-04 which we have determined via the IRS 2023 transcript that the 2023 AGI to be in error. I used what I thought was the last file used to file my 2023 taxes but apparently not.  There is no “fix my return” anywhere in the 2024 desktop Premier I am using but the return does show as “rejected”as I open the desktop Turbo Tax 2024. Only option is to continue. A PIN was used to file but unfortunately I cannot confirm it was the same one used last year. How do you correct the last years AGI and forego the PIN to fix the return?
for many years I have filed electronically, and I prefer to continue with this year, I do not think there are any problems for my e-filing
You will need to contact TurboTax support for the problem. Use the key words Billing Issue See this TurboTax support FAQ for contacting support - https://ttlc.intuit.com/turbotax-support/en-us/help... See more...
You will need to contact TurboTax support for the problem. Use the key words Billing Issue See this TurboTax support FAQ for contacting support - https://ttlc.intuit.com/turbotax-support/en-us/help-article/account-management/contact-turbotax/L2y9ZKpQB_US_en_US
TurboTax Desktop Open or continue your return. Select Federal Taxes. If using Home & Business, select Personal. Select Deductions & Credits. When asked how you want to enter ... See more...
TurboTax Desktop Open or continue your return. Select Federal Taxes. If using Home & Business, select Personal. Select Deductions & Credits. When asked how you want to enter your deductions and credits, select I'll choose what I work on. Scroll all the way to the bottom of the Your 2024 Deductions & Credits screen and select Done with Deductions. Continue until you see The Standard [or Itemized] Deduction is Right for You! Select Change my deduction and choose which one you'd like. Select Continue to apply any changes.
You will have to contact TurboTax Customer service: Turbo Tax Customer Service.
@taxlady28    Really? why doesn't everyone do it that way?
It was accepted the last night. I had quit and restarted TurboTax in the meantime, but had previously saved it after entering the IP PIN.
More info on this... So i was in the deductions section and ran through the foreign tax questions and ended up with a $2 foreign tax credit.  I figured it would reduce my federal tax due by $2, but t... See more...
More info on this... So i was in the deductions section and ran through the foreign tax questions and ended up with a $2 foreign tax credit.  I figured it would reduce my federal tax due by $2, but that stayed the same as before I went with the foreign tax credit. Maybe it was in there already on that assumption that i was going with the standard deduction I guess.
My 1099-B has an Unknown Term Gains or Losses on Gross Proceeds with no clarification  of long term or short term .  Only box 1d has the amount reported, all other boxes are N/A with additional infor... See more...
My 1099-B has an Unknown Term Gains or Losses on Gross Proceeds with no clarification  of long term or short term .  Only box 1d has the amount reported, all other boxes are N/A with additional information of CASH IN LIEU.  How do I enter this information?
See IRS Pub 550 regarding this situation (the result of which is that there is no step-up in basis on savings bonds):  https://www.irs.gov/publications/p550#en_US_2024_publink10009922   Essentially... See more...
See IRS Pub 550 regarding this situation (the result of which is that there is no step-up in basis on savings bonds):  https://www.irs.gov/publications/p550#en_US_2024_publink10009922   Essentially, the basis is the original purchase price plus the amount of interest on which taxes have already been paid.  Any amount beyond that is deferred income which will eventually be taxable income.
You can't claim both the American Opportunity Tax Credit and the Lifetime Learning Credit for the same student. So you can’t get credit for your community college expenses. 
Your 2025 quarterly payments will go towards your 2025 tax return. When you are on an instalment plan with the IRS the interest keeps accruing, so paying that off is a big plus.   An instalment p... See more...
Your 2025 quarterly payments will go towards your 2025 tax return. When you are on an instalment plan with the IRS the interest keeps accruing, so paying that off is a big plus.   An instalment plan allows you to pay your taxes over time and avoids garnishments, levies or other collection actions. However, you'll still owe penalties and interest for paying your taxes late.  
If you are in Review, you may be shown just portions of a form to display whatever entry the program is asking about.   It is sometimes easier to go back to the interview for the form in question... See more...
If you are in Review, you may be shown just portions of a form to display whatever entry the program is asking about.   It is sometimes easier to go back to the interview for the form in question to complete any missing entries. You might go back to Underpayment Penalties in Other Tax Situations and complete the interview again.   If you want to see the Form 2210 that TurboTax has completed from your entries, go to Forms mode (by clicking Forms on top bar menu) if you are using a Desktop version, or in Online, you can preview your return forms before filing . See here for details.   
IRS requires you to estimate your Required Annual Payment for the year 2025 and pay as you go. So you have to do both. Priority is keeping current on your installment payments for 2024. missing or... See more...
IRS requires you to estimate your Required Annual Payment for the year 2025 and pay as you go. So you have to do both. Priority is keeping current on your installment payments for 2024. missing or insufficient  Estimated tax could result in an underpayment penalty on your 2025 tax return. That's manageable.   @jess100  Your Estimated Tax payment goes onto your 2025 account