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April 7, 2025
4:59 PM
It is entered in the Investment Sales section. Where do I enter investment sales?
April 7, 2025
4:59 PM
You won't enter a state if it is a foreign address. Select foreign address and enter the information. It is just the zip code that needs to be 00000. I love your username! @sheHuLK
April 7, 2025
4:58 PM
I am almost done with my tax and am at Review/Audit Protection phase. I WANT to buy the Audit Protection and I want pay the fee with my credit card. (Because I won't have any refund, that's the only...
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I am almost done with my tax and am at Review/Audit Protection phase. I WANT to buy the Audit Protection and I want pay the fee with my credit card. (Because I won't have any refund, that's the only option). But when I click "Charge My Credit Card" button in "How would you like to pay for Audit Defense?", it immediately shows an error screen that says: We noticed your payment didn't go through. Select Continue to select payment method. You will have the option to choose credit card again. This is very strange because I wasn't given any opportunity to enter my credit card information. When I select "Continue", it just show the "How would you like to pay..." screen. I'm in the indefinite loop. How can this situation be fixed? I am using the desk top version, so I cannot clear the cache, as suggested to a similar question for the web version.
April 7, 2025
4:58 PM
federal identification number for office of Personnel Management Retirement Operations should have been 52-6083699 and it shows something now even close. I can not see where there is a fix it now in...
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federal identification number for office of Personnel Management Retirement Operations should have been 52-6083699 and it shows something now even close. I can not see where there is a fix it now in order to refile
April 7, 2025
4:58 PM
Form 1098-E (student loan interest)
Form 1099-Q (distribution from an education savings account)
Form 1098-T (tuition statement)
are all entered in the Education Section located under Deductio...
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Form 1098-E (student loan interest)
Form 1099-Q (distribution from an education savings account)
Form 1098-T (tuition statement)
are all entered in the Education Section located under Deductions & Credits
Some of the entries in this section may result in taxable income, rather than a deduction or credit.
The forms can work along with and then again also against one-another in regard to applying for an education credit.
It can be a complicated issue and I think everything is condensed in this one section to encourage that all the information is entered so that the program can make a suggestion on the best way to report expenses, financial aid, and possible credits.
April 7, 2025
4:57 PM
Thanks for your patience & guidance. The insurance cost more than offset the whole amount of income leaving only the Social Security to pay. I appreciate you taking your time to help me & others.
April 7, 2025
4:57 PM
Topics:
April 7, 2025
4:57 PM
If your form has no EIN number, the return will need to be mailed.
What is e-file reject F1099R-502-02?
How do I file my return by mail?
April 7, 2025
4:55 PM
NJ- you will claim the loss.
NY - it depends.
The concern is that you received money, regardless of it resulting in a loss. You must file Form IT-203 if you meet any of the following conditions:...
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NJ- you will claim the loss.
NY - it depends.
The concern is that you received money, regardless of it resulting in a loss. You must file Form IT-203 if you meet any of the following conditions:
You have income from a New York State source (see Nonresidents: New York source income) and your New York adjusted gross income (Federal amount column) is more than your New York State standard deduction. Complete Form IT-203, lines 1 through 31 and compare the line 31 Federal amount to your standard deduction from the New York State standard deduction table.
You want to claim a refund of any New York State, New York City, or Yonkers income taxes withheld from your pay or from your unemployment insurance benefit payments.
You want to claim any of the New York State, New York City, or Yonkers refundable or carryover credits.
@lcchen2000
April 7, 2025
4:55 PM
Here are a few steps you can try to resolve this issue related to "not started":
Clear Cache and Cookies: Sometimes, clearing your browser's cache and cookies can resolve issues with TurboTa...
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Here are a few steps you can try to resolve this issue related to "not started":
Clear Cache and Cookies: Sometimes, clearing your browser's cache and cookies can resolve issues with TurboTax not recognizing completed sections. This can refresh the page and potentially fix the problem.
Run a Final Review: If you are able to run the final Review with no issues, you can ignore the "Needs Review" note for entries you know are correct.
TurboTax will let you know if you need to make changes when you run Review - something you can do at any time and still go back to work on your return.
Just be sure you have no review errors before you choose to file your return.
Original Post
April 7, 2025
4:54 PM
this is not a caryover, as the loss was last year. I don't see where i enter that in TT
April 7, 2025
4:54 PM
Other income can be the following types of income:
Money you received from something like a prize, award, lawsuit settlement, etc.
It's most often on a 1099-MISC (Box 3)
You report it ...
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Other income can be the following types of income:
Money you received from something like a prize, award, lawsuit settlement, etc.
It's most often on a 1099-MISC (Box 3)
You report it on Line 8 of Schedule 1 of the Form 1040
April 7, 2025
4:54 PM
Here it is 5 yrs later, 2025,and this problem still happens. All I can say is THANK YOU!!!!
April 7, 2025
4:54 PM
I have posted before. I have imported the 1099-B form twice and each time it imports fine. Once I start reviewing the over 200 entries, the remaining 91 entries become unavailable even though the co...
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I have posted before. I have imported the 1099-B form twice and each time it imports fine. Once I start reviewing the over 200 entries, the remaining 91 entries become unavailable even though the count is shown at the top of the page.
April 7, 2025
4:53 PM
1 Cheer
Assuming you are referring to the special credits Arizona allows, such as for a contribution to a qualified charitable organization (QCO) on the Arizona (AZ) return, follow the steps below.
...
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Assuming you are referring to the special credits Arizona allows, such as for a contribution to a qualified charitable organization (QCO) on the Arizona (AZ) return, follow the steps below.
Sign into your *TurboTax account > Select State Taxes > Continue through the state screens until you reach the Additional Standard Deduction for Charitable Contributions screen
Select Contributions for Which You are Claiming an Arizona Credit enter your contribution amount
Continue to complete your return
Be sure that your contributions entered here are not duplicated on your itemized deductions. See here for more information from the State of Arizona regarding the tax credits.
The credits and carryovers are addressed in the Arizona interview. When you complete the 2024 Arizona interview in TurboTax, review each screen and answer the questions that apply to you. When you get to the screen asking about Other Nonrefundable Credits (see screenshots below), check the box next to "Contributions to qualified charities". On the follow-up screen, check the box indicating that you have a carryover from 2023 if that applies.
If you have a carryover from 2023, look for this screen:
If you made the entries but don't see the credit on your return, check to see whether you had Arizona tax on the return against which you could apply the credit. If not, you may be able to carry it over to 2025.
April 7, 2025
4:53 PM
I followed instructions found on this forum to the best of my ability for entering an indirect rollover. This is my situation. In December I inadvertently took excess out for my RMD. As soon as I re...
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I followed instructions found on this forum to the best of my ability for entering an indirect rollover. This is my situation. In December I inadvertently took excess out for my RMD. As soon as I realized my mistake, I called and was told I could do an indirect rollover, which I did. The inssue I'm having is some of the money on the 1099 went to the RMD and some went back into the IRA. I indicated that in Turbo Tax, but when I was reviewing it came up with a 5329-S form, which sounds to me like it is meant to take more taxes out. Can someone please tell me what I've done wrong and how I can fix it. $14,876.53 was taken out. My required RMD was $8,011.12. The $8,011.12 went to take care of the RMD and the excess $6,817.74 was rolled back into my IRA as an indirect rollover. All of it was taxed, but in order to retrieve the taxes from the $6,817.74, I was told I had to report it on my taxes. I will be really greatful if someone can explain why the form 5329-S is coming up.
April 7, 2025
4:53 PM
Here's a tip that might help, especially if you later get an Error Check notice. Choose the format "type" as @ RobertB4444 mentioned above, but when entering the actual numbers, enter them conti...
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Here's a tip that might help, especially if you later get an Error Check notice. Choose the format "type" as @ RobertB4444 mentioned above, but when entering the actual numbers, enter them contiguously without any hyphens or spaces. TurboTax will take the 9 contiguous digits and should know how to format them as EIN or SSN based on the format "type" you indicate.
April 7, 2025
4:51 PM
@ckuntzman200 Wait a bit though. Are you under age 24 and considered a dependent of your MI-Parents? IF so, your time in the College state is considered temporary (and ignores the 183 da...
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@ckuntzman200 Wait a bit though. Are you under age 24 and considered a dependent of your MI-Parents? IF so, your time in the College state is considered temporary (and ignores the 183 day stuff), and you are considered a full-year resident of MI. Then, if you work in that college state, then you only file a non-resident tax return for that working income in the college state.
April 7, 2025
4:51 PM
For assets purchased in prior years, no amount of prior depreciation shows up. So the calculated amount under 200DB is incorrect.
Topics:
April 7, 2025
4:51 PM
yes it works best when you're able to use prior year tax for the estimated tax payments rather than 90% of the current year, as everything from prior year is known and it doesn't matter what unexpect...
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yes it works best when you're able to use prior year tax for the estimated tax payments rather than 90% of the current year, as everything from prior year is known and it doesn't matter what unexpected income you get or when. But, IRS allows for uneven income and estimated tax payments instead of even quarterly payments, by allowing you adopt an annualized income method on Form 2210 where you can lay out your AGI vs. the estimated payments to reduce/eliminate the penalty. You would need to provide cumulative AGI, Long Term Cap Gains/Qualified Dividends thru 3/31, 5/31, 8/31 for this method. Under Other Tax Situations / Underpayment Penalties, you can go through the interview process to see if it reduces/eliminates the penalty and then adopt this method.