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Yes, you can enter selling expenses when you enter the sale.   TurboTax will automatically create Form 8949 when you enter the sale.    Where do I enter Form 1099-S?   Or  search for home sale and use the Jump to home sale link.   Follow the instructions - you can enter selling expenses when you get to the screen below.  Sales expenses are listed in the sellers column of your settlement statement and include: - commissions - appraisal fees - broker's fees - legal fees - advertising fees - home inspection reports - title insurance - transfer taxes or fees - geological surveys - loan charges (points) or other fees paid on the buyer's behalf - any fees for a service that helped you sell your home without a broker (listing fees, promotional fliers, etc.)   NOTE: Sales expenses do not include: - mortgage payoffs - home equity loan payoffs - rent-back costs - payoff to creditors - property taxes - home owner association fees    

One additional thought to my earlier reply.  Who wants to contribute $13k or more to the ER portion of ones Solo 401k plan if it makes no dent whatsoever to the tax liability? Especially when it will come out completely as income.  It makes no sense. 

If you have two or more W-2 forms that report the same federal wages and deductions but separate state wages and deductions, you can make one entry for them in TurboTax. Report the federal wages and deductions, then two or more state wages and deductions on the same W-2 entry. When you enter the state information, choose the box that says Add another box 14 item to report multiple state entries.  

@ djt8555 wrote: i want to open my 2023 return to find out what was listed as depreciation Was your 2023 return prepared in Online TurboTax or in desktop software?   If the latter, do you have the 2023 desktop software, and do you have the *.tax2023 data file?   Did you save any 2023 PDF?

@bartolettisf If you're able to read the thread, you'll see that you most likely answered the question about whether you lived in a foreign country incorrectly--- as I did and multiple TT users did too. The wording on the question is quite ambiguous. The result is that less of your SS income is reported as income and that's wrong. A TT Expert posted a screen shot of the foreign-country question and the proper way to answer it. 

When you use online TurboTax software you get one return per fee.   Each return needs its own account and user ID.   If you use the same account and user ID for a second return, the second one overwrites the first return and it is lost forever.   https://ttlc.intuit.com/community/using-turbotax/help/how-do-i-start-another-return-in-turbotax-online/00/25596

TurboTax dose not compute that adjustment.    HERE is a link of the depreciation adjustment the federal may allowed that the Georgia return does not.    The most likely adjustment would be if you claimed any Bonus/Special Depreciation. Georgia does not recognize that and the depreciation would need to be added back to income for that.  In following years, depreciation for that asset might need to be subtracted from income on the Georgia return if the asset has no basis left on your federal return, (therefore no further depreciation taken)   Georgia does recognize the Section 179 Deduction, so no adjustment needs to be made for that.        

Nothing is added to your standard deduction when you claim a dependent.  Your standard deduction is based on your filing status of Single, Married, etc.    The standard deduction makes some of your income “tax free.”  It is not a refund.  You will see your standard or itemized deduction amount on line 12 of your 2024 Form 1040.     2024 STANDARD DEDUCTION AMOUNTS SINGLE $14,600    (65 or older/legally blind + $1950) MARRIED FILING SEPARATELY            $14,600    (65 or older/legally blind + $1550) MARRIED FILING JOINTLY $29,200    (65 or older/legally blind + $1550) HEAD OF HOUSEHOLD $21,900    (65 or older/legally blind + $1950)             If you claim a qualifying relative dependent you get a $500 credit which is non-refundable but can lower the tax you owe.

There may be several reasons that your total Federal tax liability doesn't match the tax tables based on the increase in income.   A blended tax rate, also known as the effective tax rate, is derived from a number of factors. The effective tax rate for individuals is the average rate at which their earned income, such as wages, and unearned income, such as stock dividends, are taxed. If you received income from a variety of things like stocks and bonds, interest, dividends, or self-employment, they may all play a role in determining your blended tax rate. See this thread for another discussion of this issue.   For Federal income taxes, the tax rate brackets for 2024 are 10%, 12%, 22%, 24%, 32%, 35%, and 37%. To see how the tax brackets apply to you for this year, and for a tool to determine your marginal (the highest part of your income) tax rate, see here.   Also, note that taxes are often calculated using a different method than the tax tables. For example, if you have capital gains, the tax on those is calculated at the capital gain rate for your income level. If you are self-employed, you may have self-employment taxes in addition to income taxes. If you had to pay back any Premium Tax Credit, that would be another explanation.    Look at your credits and deductions. Some might have decreased because your income exceeded a threshold for that particular item.   See this help article for more information.   In TurboTax Online you can preview your return before filing to find out how your taxes were calculated. See here for details. In Desktop versions, you can go to Forms mode to see the forms TurboTax has prepared from your entries.      

Your federal withholdings will automatically be added to your return when you enter the income source.  For example, if you have a W-2, federal withholding is reported in Box 2.  When you enter all the information from your W-2 into TurboTax, the credit will automatically populated on your tax return, Form 1040, Line 25. The same is true no matter where the tax was withheld from - a W-2, 1099, or another source.  

Hello, I experienced this exact same situation with regards to the tax liability either not dropping or going up.  I did have Turbo Tax check the program and they insist that it is correct.  In analyzing it myself and walking back through the steps: I believe this happens because a contribution to the ER portion of your solo 401k actual decreases your QBI deduction. The Qualified Business Income Deduction.  The tax code limits that to specified income and at certain levels.  The reason why I believed that there was an error in TT is because a contribution as an ER should still reduce your self employment tax. So even though TT insists it's correct; it still doesn't make complete sense that there is no accompanying reduction in the tax liability. The "counter" at the top of the program does not move.