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April 15, 2025
8:07 PM
You can enter your 1099-MISC as "Other Income" . First, delete the original 1099-MISC that you entered, then enter it again.
Follow the instructions in the TurboTax article How do I edit or de...
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You can enter your 1099-MISC as "Other Income" . First, delete the original 1099-MISC that you entered, then enter it again.
Follow the instructions in the TurboTax article How do I edit or delete a 1099-MISC? to delete your original 1099-MISC.
You can enter the income as “Other Income” so it won’t be subject to self-employment taxes. Follow the steps below:
Open TurboTax
Select Federal Taxes
Select Wages & Income
select Start by Form 1099-MISC under Other Come Income
Select Yes to Did you get a 1099-MISC?
Follow the prompts to enter your 1099-MISC
Enter the reason to Describe the reason for this 1099-MISC
Select None of these apply to Does one of these uncommon situations apply?
Select No to it didn’t involve work like your main job
Make your selection to How often did you get the income?
Select No to Did it involve an intent to earn money?
April 15, 2025
8:06 PM
I paid my utilities, food, etc. He only assisted with rent.
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April 15, 2025
8:06 PM
1 Cheer
Yes, it is referring to the Medicare premiums you have taken out of your SS payment, like for Part B.
That's good reasoning...
April 15, 2025
8:06 PM
Do you have a TIN for business purposes? If not, and you're using TurboTax Online, clear your Cache and Cookies.
Sometimes the 'check this entry' message means just that and you can Continue p...
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Do you have a TIN for business purposes? If not, and you're using TurboTax Online, clear your Cache and Cookies.
Sometimes the 'check this entry' message means just that and you can Continue past it.
@rajeshwor
April 15, 2025
8:06 PM
It was a big headache for me. Why we have to review individual transactions. Ho0w about for people that have hundreds or transactions?
April 15, 2025
8:05 PM
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April 15, 2025
8:05 PM
Go to MY INFO. Click your name. Go through the screens for the question that asks if someone else can claim you as a dependent. Say YES.
April 15, 2025
8:05 PM
If he had self-employment income from Uber he was required to prepare a Schedule C for his expenses like mileage. Only online Premium can prepare a Schedule C. Or....any version of the desktop dow...
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If he had self-employment income from Uber he was required to prepare a Schedule C for his expenses like mileage. Only online Premium can prepare a Schedule C. Or....any version of the desktop download could have prepared a Schedule C.
April 15, 2025
8:04 PM
If you received an IP PIN from the IRS, you will need it to e-file. The IP PIN (Identity Protection PIN) which is a 6-digit number that the IRS provides to taxpayers to validate their identity. If yo...
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If you received an IP PIN from the IRS, you will need it to e-file. The IP PIN (Identity Protection PIN) which is a 6-digit number that the IRS provides to taxpayers to validate their identity. If you are required to use an IP PIN to file your taxes, they won't get accepted if you don't have it. You will have to mail your return.
Refer to the following TurboTax Help articles What's an IP PIN? Do I need one? and How do I get my 6-digit IP PIN?
April 15, 2025
8:04 PM
The Internal Legal Memorandum (ILM) is basically an internal legal advice document for the IRS's use. It is not a binding document for courts. So, the IRS may or may not accept it as a position taken...
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The Internal Legal Memorandum (ILM) is basically an internal legal advice document for the IRS's use. It is not a binding document for courts. So, the IRS may or may not accept it as a position taken on the tax return. One important item of that memo is that the investment must have been made with a for-profit motive in mind. As opposed to buying crypto so that you can pay for pizza with it, for example. Thus, if you go that route, make sure that you have substantiation to show the IRS your intentions behind the acquisition of the crypto. Another option is to treat the loss as a worthless investment (if it was an investment) and take a capital loss on your tax return. The deduction will be limited to up to $3000 a year (the remainder carried forward). @taxtattoo @rinkuamit
April 15, 2025
8:04 PM
April 15, 2025
8:04 PM
Go back into your return by logging in and selecting 'add a state' to open it up. Then go to print and save all worksheets. Once saved, look for the state info worksheet. Section VI should have your ...
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Go back into your return by logging in and selecting 'add a state' to open it up. Then go to print and save all worksheets. Once saved, look for the state info worksheet. Section VI should have your direct debit information and date selected. If you forgot to select a date, then 4/15 will be the default. Note: Even though 4/15 is the default date, it can still take a few days for an auto draft to occur.
April 15, 2025
8:03 PM
It would likely be "earned income", but it depends on what you are answering. Is this a TurboTax question?
Did you receive a Form 1099 from the company or a W-2? Are you an independent contra...
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It would likely be "earned income", but it depends on what you are answering. Is this a TurboTax question?
Did you receive a Form 1099 from the company or a W-2? Are you an independent contractor?
If you are an independent contractor you would have to file your income on a Schedule C with your Form 1040.
April 15, 2025
8:03 PM
You are filing 2023 taxes? Where is the IA1040 Sch 1 line 18B error? Can you screenshot that?
April 15, 2025
8:03 PM
It is tax filing deadline and my turbo tax software wont let me e-file saying I reached my maximum bit I only filed 4 returns. Anyone know why this is happening. Please help.
April 15, 2025
8:03 PM
April 15, 2025
8:03 PM
April 15, 2025
8:03 PM
When you have a gross income of 70000 for year, and your company provides 20000 in a per deim. What is seen on my w2 50000 or 70000? I am a otr driver
April 15, 2025
8:03 PM
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