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DavidD66 · ‎April 7, 2025

You need to find out exactly what it was that you sold. The tax implications of selling Employee Stock Purchase Plan (ESPP) shares and Restricted Stock Units (RSUs) are very different. You can't ju...

You need to find out exactly what it was that you sold. The tax implications of selling Employee Stock Purchase Plan (ESPP) shares and Restricted Stock Units (RSUs) are very different. You can't just pick what you think is "the most" accurate option. If what you sold is a combination of ESPP and RSU shares, then you will have to report them separately.

CatinaT1 · ‎April 7, 2025

Are you filing a US return or a Canadian return?

CatinaT1 · ‎April 7, 2025

You can try these steps to resolve if you are using the online version: Clearing your Cache and Cookies Using a different browser Opening an Incognito Window

RobertB4444 · ‎April 7, 2025

Using that example the cost basis for the SOL is $587.41. That is it's total value including fees at the time of purchase. I would assume the fees were then removed which reduced the quantity of SO...

Using that example the cost basis for the SOL is $587.41. That is it's total value including fees at the time of purchase. I would assume the fees were then removed which reduced the quantity of SOL that you had in inventory. @merlin00

Jaydub345 · ‎April 7, 2025

Yes it’s a shame I have to pay first because I don’t want to pay until I’m comfortable that I’m not losing my carryover qbi losses why is it doing this? Thanks for the steps. I’ll look ...

Yes it’s a shame I have to pay first because I don’t want to pay until I’m comfortable that I’m not losing my carryover qbi losses why is it doing this? Thanks for the steps. I’ll look into that tonight.

David7404 · ‎April 7, 2025

The W-2 issued by a publicly held US company contains a code for Box 14. TT rejects it and offers another code that pertains to Public Employees. It continues to flag this as an error. Will it get ef...

The W-2 issued by a publicly held US company contains a code for Box 14. TT rejects it and offers another code that pertains to Public Employees. It continues to flag this as an error. Will it get efiled anyway? what should I do?

CatinaT1 · ‎April 7, 2025

Please call TurboTax Customer service.  Here is a link:  Turbo Tax Customer Service

billanddalenicholson · ‎April 7, 2025

CatinaT1 · ‎April 7, 2025

You can try these steps to resolve if you are using the online version: Clearing your Cache and Cookies Using a different browser Opening an Incognito Window

jlm989tree · ‎April 7, 2025

Hello, This is the first year that I'm filing single. My wife past away in 2023 and I filed Married filing jointly in 2023. I'm entering the information from my first ever SSA-1099. I entered...

Hello, This is the first year that I'm filing single. My wife past away in 2023 and I filed Married filing jointly in 2023. I'm entering the information from my first ever SSA-1099. I entered the amount from Box 5 Net Benefits for 2024. I do not live abroad. I received a lump-sum payment of $2495 in January of 2024 for 2023 along with my first Social Security payment after applying for Survivor Benefits. Box 3 says "*Includes: $2495 Paid in 2024 for 2023". I applied for Survivor Benefits in late 2023 and they were approved in December 2023. I entered the amount of my 2023 lump-sum payment received in 2024, $2495. The next prompt after clicking continue is... Now, let’s look at your 2023 form If you received benefits in 2023 that were already reported on your 2023 tax return, there will be an amount in box 5 of your Form SSA-1099. Amount in box 5 of your 2023 Form SSA-1099 ??????? I didn't receive benefits or an SSA-1099 in 2023, my late wife did. I left this blank. I clicked continue... What was your filing status in 2023? Married Filing Jointly Click Continue. We need a few details about your 2023 income This info can be found on your 2023 tax return. The 2023 Adjusted gross income is there. Taxable Social Security benefits in 2023, I entered $7545 and the Federal Return amount increased about $40. Is this the correct way to answer this series of questions? If I'm not entitled to the increased amount I don't want to get penalized for it when someone reviews the return down the road. Thank you for your assistance.

DoninGA · ‎April 7, 2025

@SELawton wrote: None of those links have the actual agreement, showing total amount owed, interest rate and monthly payment amount. Did you go to this IRS website and click on the blu...

@SELawton wrote: None of those links have the actual agreement, showing total amount owed, interest rate and monthly payment amount. Did you go to this IRS website and click on the blue button labeled Apply/Revise as Individual - https://www.irs.gov/payments/online-payment-agreement-application

CatinaT1 · ‎April 7, 2025

You will need to contact the IRS for information. It might be easiest to set up an account with them. IRS Individual Online Account Taxpayers with a Social Security number or an Individu...

You will need to contact the IRS for information. It might be easiest to set up an account with them. IRS Individual Online Account Taxpayers with a Social Security number or an Individual Taxpayer Identification Number can create or access their IRS Individual Online Account to get information they need to file their return. With an IRS Individual Online Account, people can: View balance owed, payment history and schedule payments. Cancel scheduled payments. Get transcripts. View or create payment plans. See digital copies of some IRS notices. View key data from their most recently filed tax return, including adjusted gross income. Validate bank accounts and save multiple accounts, eliminating the need to re-enter bank account information every time they make a payment. View, approve and electronically sign power of attorney and tax information authorizations from their tax professional.

PatriciaV · ‎April 7, 2025

Delete the entry under the topic where the income should not be reported. If it's income from Schedule K-1, delete the entry under Rental Properties & Royalties.

CatinaT1 · ‎April 7, 2025

Verify for all your W2's that the name of the employer and the ein is entered correctly.

sunvat · ‎April 7, 2025

majorw2000 · ‎April 7, 2025

Thanks! Would the amount over $10000 be reported on a 1099Q or is it answered in the prompts? Thanks again, I'm at work and unable to go through the steps at the moment.

DawnC · ‎April 7, 2025

To report a qualified charitable distribution on your Form 1040 tax return, you'll use the 1099-R (even though there's no indication that it was a QCD). Enter the info as a 1099-R and you'll be ask...

To report a qualified charitable distribution on your Form 1040 tax return, you'll use the 1099-R (even though there's no indication that it was a QCD). Enter the info as a 1099-R and you'll be asked in one of the follow-up questions if it was a Qualified Charitable Distribution. TurboTax includes the full amount of the distribution reported on your Form 1099-R on line 4a (IRA Distributions) of your Form 1040 or 1040-SR. The taxable amount reported on Line 4b will be the total distribution less the QCD amount and will have "QCD" entered next to it. Where do I enter a 1099-R? To verify the QCD has been entered, Preview Form 1040 in TurboTax Online. And use Forms Mode if you are using the desktop software. What is a Qualified Charitable Donation and how do I enter it in TurboTax (video included).

floydncheri · ‎April 7, 2025

How to declare improvements on the basis cost of the sale of a second home

SELawton · ‎April 7, 2025

I actually tried this step-by-step advice only to have the automated call-tree hang-up on me ...

Ruth35 · ‎April 7, 2025

Got 214 error code. Uninstalled and then installed again. But 214 appeared and I can’t proceed with tax prep. Help!

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