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April 8, 2025
10:03 AM
If you have a qualifying dependent and pay over 50% of the cost of maintaining the home, then yes, you would qualify for head of household.
If it says you didn't pay over 50% of the household e...
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If you have a qualifying dependent and pay over 50% of the cost of maintaining the home, then yes, you would qualify for head of household.
If it says you didn't pay over 50% of the household expenses, then go back and double check your answers. This answer is based on how you respond to the questions. Read each question carefully and be sure that you are responding accurately.
April 8, 2025
10:03 AM
Each of you should report his/her share of the selling price, sales expenses, purchase price, and purchase expenses on his/her return. Enter 50% of the proceed received, cost basis and expenses.
...
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Each of you should report his/her share of the selling price, sales expenses, purchase price, and purchase expenses on his/her return. Enter 50% of the proceed received, cost basis and expenses.
April 8, 2025
10:03 AM
If you only received one W-2 throughout the year and that was your only income, you are not required to file a tax return because you didn't exceed the required filing threshold. However, if you have...
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If you only received one W-2 throughout the year and that was your only income, you are not required to file a tax return because you didn't exceed the required filing threshold. However, if you have a combination of income or W-2's that exceed the filling requirement for the year, then yes, you will need to include all sources of income, even if it was a small amount. See the link below for more information and for a chart of filling threshold.
How Much Do You Have to Make to File Taxes?
April 8, 2025
10:03 AM
Hi. I am on this screen in turbo-see above subject line. Here's my question. And I do realize this could be a simple add/subtract which will be embarrassing but my eyeballs are falling out from all ...
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Hi. I am on this screen in turbo-see above subject line. Here's my question. And I do realize this could be a simple add/subtract which will be embarrassing but my eyeballs are falling out from all this. This year I received a 1099-R for first time because I withdrew 3100 (FYI box 1-Gross Distributions, also on the form in box 2b there is an X and in Box 7 there is a T. There's also a state/payer's state no in box 15.) This is first distribution (withdrawal) I have ever taken - I am 63 and have had account for over a decade. (FYI before this screen in TT: I imported the 1099R form from my fin inst. and input my contributions, including the transfer I made yesterday for the year 2024, to put in the maximum, and I did not go over. I am not sure this info is relevant.) Anyway it is asking me to "Report your net regular contributions prior to 2024" (and yes I have studied the Learn More box and am utterly confused. Why I am here). I have no conversions. Then the box to enter the amount is, "Roth IRA Contributions prior to 2024." OK, so, is this a simple "find the total somewhere" and subtract amount from Gross Dist. Box 1 from it, and enter total in the box? If yes, which figure? Total amount including all interest? Or total of contributions only? (doesn't make much sense but thought I'd ask as well), and how to find? Does that mean to find the ending balance of 2023 on my year-end fin inst statement? Enter that and subtract my gross distribution? That would be great if it is that simple. Am I even on the right track here? I so want to finish up just this screen!! and then eat some lunch. Thank you very much in advance.
April 8, 2025
10:02 AM
Here is a FAQ:
Transfer last year's return to TurboTax Desktop for Windows
How do I transfer last year's return into TurboTax Online?
April 8, 2025
10:02 AM
where do I enter my 1099B forms in TT
Topics:
April 8, 2025
10:02 AM
I want to estimate my taxes on converting my pre tax 401k balance into a Roth ira
April 8, 2025
10:02 AM
To get to the screen you mention, I first choose the Assets/Depreciation option:
I selected "No" to the question regarding items costing $2,500 or less:
I indicated I made ...
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To get to the screen you mention, I first choose the Assets/Depreciation option:
I selected "No" to the question regarding items costing $2,500 or less:
I indicated I made improvements:
On the next screen I see the option to make the election:
April 8, 2025
10:02 AM
how to add the box 3 income
April 8, 2025
10:02 AM
To start it's a $4 discrepancy so I wouldn't worry about it too much. Second, I'm not sure where the $4 comes from. Is it another loss for the year entered somewhere else in the return?
@Hipp...
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To start it's a $4 discrepancy so I wouldn't worry about it too much. Second, I'm not sure where the $4 comes from. Is it another loss for the year entered somewhere else in the return?
@Hippo24
April 8, 2025
10:01 AM
Topics:
April 8, 2025
10:01 AM
April 8, 2025
10:01 AM
It depends. If last years tax return is stored locally on your computer, TurboTax will recognize it.
On your Mac, find last year's tax file and copy it to a removable device like a thumb o...
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It depends. If last years tax return is stored locally on your computer, TurboTax will recognize it.
On your Mac, find last year's tax file and copy it to a removable device like a thumb or flash drive.
On your PC, copy the tax file from the device to your desktop or Documents folder.
Rename the tax file by right-clicking it, selecting Rename, and adding a .tax2023 filename extension to it.
Launch TurboTax 2024 and select Start a New Return (or go to File and select New Tax Return).
TurboTax should find your 2023 tax file. If not, select Browse, go to where you saved the file in step 2, select it, and select Open.
Wait for TurboTax to finish transferring the info over.
If you have a PDF of last year's return stored on your computer, you can do this.
Here's how to transfer your PDF into TurboTax Desktop:
Sign into your TurboTax account to access returns for 2023.
Choose New Tax Return from the File menu.
Select Begin or Start a New Return under Manage Your Returns.
On the Let's Get a Jumpstart on Your 2024 Taxes screen, select Use a tax return that's on my computer.
Follow any on-screen instructions.
April 8, 2025
10:01 AM
April 8, 2025
10:00 AM
why is block 7 of 1099r marked 1D when i am 65 years old
April 8, 2025
10:00 AM
We'd love to help you complete your tax return, but need more information. Can you please clarify your question? Are you talking about estimated payments?
April 8, 2025
10:00 AM
Catina T, None of your suggestions work. There was no SHOW to click on. There was no ADD a STATE to click on. I Do not need to print my return, I already did that. I just need to data to be th...
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Catina T, None of your suggestions work. There was no SHOW to click on. There was no ADD a STATE to click on. I Do not need to print my return, I already did that. I just need to data to be there for next years import. I also never got a confirmation email so had to go the irs.gov and they said they received my return but it has been 21 days and no money deposited so until I get my refund I can't be sure it was received. Yes, I am very frustrated with Turbo Tax.
April 8, 2025
9:59 AM
1 Cheer
Any updates or work around this? I just received this message and would like to avoid printing 100s of pages.
April 8, 2025
9:59 AM
April 8, 2025
9:58 AM
Interview style only. I did not interrogate the software. I just followed the interview path.
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