All Posts

New York State gives very clear direction on how to calculate the tax due.     Here is the tax rate schedule directly from tax.ny.gov        https://www.tax.ny.gov/forms/html-instructions/2024/it/it201i-2024.htm#nys-tax-rate-schedule        Here is the correct calculation and what should be reported back from TurboTax into Line 39 (the 100,237 number)       As you can see, TurboTax is somehow calculating 128,921 for Line 39, rather than 100,237!  Over 28,000 difference!!  This needs to be fixed for all of your clients using your software!!    

If the W-2 is not available, here are the steps to take to get your W-2.   You can try to import it on TurboTax.  (See the process below). Contact your employer  Contact your employer to see if the W-2 has ben sent, and request a duplicate. Go online, many employers have an online service to provide document like W-2's. Contact the IRS:  If you could not get it from your employer you can contact the IRS. You can call toll-free at 1-800-829-1040 or contact a Taxpayer Assistance Center Local IRS Office. You can request a transcript You must provide your name, address, city and state (including zip code), Social Security Number, phone number, Employer’s name, address, city and state (including zip code), and employer's phone number As a last resort, if you have a pay stub you ban complete a for 4852 Substitute for Form W-2 To import your W-2 you will have to have some confirming information. How do I import or enter my W-2? If you need more time, you can file for an extension with TurboTax.   See TurboTax Desktop in How do I file an IRS tax extension?   If you owe taxes, you must pay by April 15th. To file for extension in the TurboTax program On the menu bar on the left that shows. Select Tax Tools On the drop-down select Tools There will be 4 green boxes Select Tax Topics Type Extension You can start the extension process

Please clarify your question.   What can we do to help? What is your question? Are you trying to post the MarketPlace insurance questions? Please contact us again to provide some additional details.       

To follow up on this, I got married in Dec 2024, filing jointly for 2024. My spouse received ~$4700 advance payment according to her 1095-A. When I add this information, the full amount is reflected as "federal tax due". When I check "yes" for married this year and select "Dec" for month, it only removes ~$300 due (meaning I still have to pay back ~$4400). Is this accurate? I feel like we should only be dinged for the months we were married (i.e., only Dec). Thanks for the help.

I was the only one who managed the rental property and reported rental activities on my returns. My two sisters never collected rent or reported any rental expenses on their tax returns. I was the only one who did that.Do they need to file form 3115?

Are you asking how to check on a state tax refund? Some states are fairly quick with refunds, while other states can take a long time processing returns--even several weeks--as they crack down on detecting fraudulent returns.     Here are some things you should check:   First, you need to be sure your state return was successfully filed.   If you efiled, be sure your efiled state return was accepted.  If you used Online TurboTax, you can check by looking at the Tax Home in your Online account.   Or did you choose to file by mail instead?  TurboTax does not mail it for you.  If you chose that method, you have to print, sign, date, and mail it.   The FAQ below tells how to check on a state refund and has a link for your state.  Then you'll see information for your state (which may include info on how long it takes in your state) and a link to go to your state's "Where's My Refund" tool.   Your state may also have a FAQ section at it's "Where's My Refund" site that tells how long to expect in your state.   Choose your state from the table in this FAQ: FAQ:  How do I track my state refund? https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-refund/track-state-refund/L3jgO8PGs_...

Duplicate thread.   Please see the info I left you in your other thread at:   https://ttlc.intuit.com/community/after-you-file/discussion/why-i-haven-t-received-my-amended-taxes-yet/01/3636356/highlight/false#M794277

It appears from the Form 4868 Instructions that in order to apply for an extension that also covers your spouse then you have to enter "ITIN to be requested".  If you file MFS and you spouse does not have and is not required to have an SSN or ITIN, then you enter "NRA" for the name of spouse under the MFS filing status check box.  See the form 1040 instructions.