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April 12, 2025
5:03 PM
I see that for 1120S (Federal), I need to mail the 1120S in with From 8936+Schedule A. But what about for state? I am in California. So should I also mail the 100S with the Form 8936 + Schedule ...
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I see that for 1120S (Federal), I need to mail the 1120S in with From 8936+Schedule A. But what about for state? I am in California. So should I also mail the 100S with the Form 8936 + Schedule A to California FTB? Or I can e-file my 100S to CA via Turbotax Business w/out the Form 8936+Schedule A?
April 12, 2025
5:03 PM
After upgrading to live help, and after multiple TurboTax "professionals" botched things to the point that I filed amended Federal and State returns - and ended up over-paying on both, I gave up and ...
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After upgrading to live help, and after multiple TurboTax "professionals" botched things to the point that I filed amended Federal and State returns - and ended up over-paying on both, I gave up and will never use Turbo Tax or any Intuit product again. Not ever. Mind you, they (3 different so-called accountant pro's) wasted dozens of hours of my life on the phone with them over a few months in 2024. It was impossible to get a refund from Intuit even though I cancelled my service subscription; the online refund portal did not work; and I never received a response or acknowledgement when I sent a letter and receipts and polite requests to them by mail. My advice is to give up immediately, file for an extension (which is free .... simply pay what you think you owe now), and consult a private CPA or one of those storefront tax outfits like H&R Block. I wish I could offer some help -- but I can't. And for that matter, do not waste your time trying to get help from TurboTax. Whatever they tell you will only make matters worse.
April 12, 2025
5:02 PM
Try to delete the form Contribution Fund School District Number Smart Worksheet then go back to the state section and run the error check. Windows instructions Open or continue your return. S...
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Try to delete the form Contribution Fund School District Number Smart Worksheet then go back to the state section and run the error check. Windows instructions Open or continue your return. Switch to Forms Mode by selecting the Forms icon. From the menu, select the form you want to remove. After the form is generated in the right pane, select the Delete Form button. Follow any onscreen instructions to remove the form or forms. Mac instructions Open or continue your return. Switch to Forms Mode by selecting the Forms icon. From the menu, select the form you want to remove (if you don't see it, select Open Form at the top). From the Forms menu, select Remove [form name]. Follow any onscreen instructions to remove the form or forms.
April 12, 2025
5:01 PM
Trabaje como CNA en Hagerstown
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April 12, 2025
5:00 PM
I have one rental property that I have owned for years. The last two years (2022 and 2023) I was not able to deduct the loss due to my income and the rental is passive and not a business. When pre...
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I have one rental property that I have owned for years. The last two years (2022 and 2023) I was not able to deduct the loss due to my income and the rental is passive and not a business. When preparing my 2024 return it automatically checked "I have passive activity real estate losses carried over from a prior year" Turbo tax automatically applied these carryover losses but did not fill in all the required information in the forms. I do not need to use this carryover loss and would like to just not carry it over. I tried unchecking the "I have passive activity real estate losses carried over from a prior year" check box and check the None of these apply check box. This did not remove the carryover losses in my return. Is there away to not have Turbo Tax automatically apply the carryover losses?
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April 12, 2025
5:00 PM
You have to have at least $1 in income to e-file. A work around for this is adding $1 in interest or other income.
April 12, 2025
5:00 PM
Thanks
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April 12, 2025
4:59 PM
I submitted my federal return and it was accepted. Looking at the filing instructions, it says the amout to be direct debited but the date of withdrawl is empty. Looks like a bug. How do I confirm th...
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I submitted my federal return and it was accepted. Looking at the filing instructions, it says the amout to be direct debited but the date of withdrawl is empty. Looks like a bug. How do I confirm the date of withdrawl I specified in filing?
April 12, 2025
4:58 PM
obi at risk op loss - I Don't understand this section
April 12, 2025
4:58 PM
I tried that already. It put a pending hold on my husband's account for 48 hours.... Is there a way to not have to create a new account? I'm using the online version.
April 12, 2025
4:58 PM
congrats on doing your first taxes the US Gov Interest question should only apply to the 1099-DIV. If you held T-Bills at Fidelity you should see the interest from those on your 1099-INT Box ...
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congrats on doing your first taxes the US Gov Interest question should only apply to the 1099-DIV. If you held T-Bills at Fidelity you should see the interest from those on your 1099-INT Box 3 (some brokers report it differently on 1099-B but start with 1099-INT Box 3, hopefully Fidelity keeps it simple) and your brokerage statement should contain all the details if you need to review it. for the 1099-DIV after you fill in the boxes you will get the checkbox/question about US Gov Interest and can provide a $ amount. For this you need to refer to the link below (all funds provide this sort of breakdown for official tax reporting, do not use prospectuses or other general research pages with asset allocations) and identity the fund(s) you held which paid dividends in Box 1a, and multiply the dividend paid by the fund (in the detail breakdown in the Fidelity consolidated 1099), by the percentage shown. See guidance in the link below also. FXAIX has a very low % as it's all in equities. But look out for your cash position also, Fidelity usually defaults cash to SPAXX so you may have dividends reported on 1099-DIV from SPAXX which will have some US Government Interest. SPAXX symbol is not shown you have to look up by name for that one (Government Money Market Fund). If you have multiple funds with US Gov amounts you have to add it up offline and put the total into TT. This amount doesn't affect your Fed return but should feed through to your state return along with 1099-INT Box 3 as a subtraction/exemption from your state tax so check that when you do your state. https://www.fidelity.com/bin-public/060_www_fidelity_com/documents/taxes/TY24GSESupplementalLetter.pdf
April 12, 2025
4:58 PM
Can I use the closing costs I paid when I purchased the 2nd home to offset the capital gains tax when I sold it 2 years later. I know I can use the cost to sell tue home, but can I use the closing...
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Can I use the closing costs I paid when I purchased the 2nd home to offset the capital gains tax when I sold it 2 years later. I know I can use the cost to sell tue home, but can I use the closing cost amount when I first purchased it to reduce my capital gains
April 12, 2025
4:58 PM
How can I see my TurboTax fees?
https://ttlc.intuit.com/turbotax-support/en-us/help-article/intuit-account-billing/review-fees-turbotax-online/L1XnIzgzg_US_en_US?uid=m682vq7k
If your TurboT...
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How can I see my TurboTax fees?
https://ttlc.intuit.com/turbotax-support/en-us/help-article/intuit-account-billing/review-fees-turbotax-online/L1XnIzgzg_US_en_US?uid=m682vq7k
If your TurboTax fees are higher than expected, you can reduce them by removing add-ons (BEFORE you e-file) :
Remove Premium Services
Remove MAX Defend & Restore
Remove a state
Remove PLUS Help & Support
Remove Pay With Your Refund
If you started in the Free Edition and entered any data that required any extra forms or schedules, you have to upgrade to a paid version and if you are watching the screens carefully you are alerted to the upgrade.
TurboTax Online: Important Details about Filing Simple Form 1040 Returns
If you have a simple Form 1040 return only (no forms or schedules except as needed to claim the Earned Income Tax Credit, Child Tax Credit or student loan interest), you can file for free yourself with TurboTax Free Edition, or you can file with TurboTax Live Assisted Basic at the listed price. Roughly 37% of taxpayers are eligible.
Examples of situations included in a simple Form 1040 return (assuming no added tax complexity):
W-2 income
Interest, dividends or original issue discounts (1099-INT/1099-DIV/1099-OID) that don’t require filing a Schedule B
IRS standard deduction
Earned Income Tax Credit (EITC)
Child Tax Credit (CTC)
Student loan interest deduction
Taxable qualified retirement plan distributions
Examples of situations not included in a simple Form 1040 return:
Itemized deductions claimed on Schedule A, like charitable contributions, medical expenses, mortgage interest and state and local tax deductions
Unemployment income reported on a 1099-G
Business or 1099-NEC income (often reported by those who are self-employed, gig workers or freelancers)
Stock sales (including crypto investments)
Income from rental property or property sales
Credits, deductions and income reported on other forms or schedules
1095A for marketplace health insurance
Or—-Use this IRS site for other ways to file for free. There are 8 free software versions available from the IRS Free File site
https://apps.irs.gov/app/freeFile/
Or—if you live in certain states you may be eligible to use the new IRS Direct File
In Filing Season 2025, Direct File will be available in Alaska, Arizona, California, Connecticut, Florida, Idaho, Kansas, Maine, Maryland, Massachusetts, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, Oregon, Pennsylvania, South Dakota, Tennessee, Texas, Washington, Wisconsin, and Wyoming.
https://directfile.irs.gov/
https://home.treasury.gov/news/press-releases/jy2629
April 12, 2025
4:57 PM
How should I include documentation with form 8453? (staple, paper-clip, or include loose sheets of the 1099-B?)
April 12, 2025
4:56 PM
1 Cheer
Came here to say this. have used turbotax for years but this is a scummy tactic to get more of my money. I will gladly pay the standard fee for the service, but as my taxes are simple the advanced op...
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Came here to say this. have used turbotax for years but this is a scummy tactic to get more of my money. I will gladly pay the standard fee for the service, but as my taxes are simple the advanced options are not used but i am FORCED into using it as it gives me no choice. Therefore scummy website stealing my money.
April 12, 2025
4:55 PM
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April 12, 2025
4:55 PM
I cant file because TT is looking for foreign income from k1, however neither partner or individual has any foreign income listed on k1
April 12, 2025
4:54 PM
I made my Box 14 empty. I still get a review error saying 'Not eligible for electronic filing'. Is there a way to get past the error and e-file? This is ridiculous. Thanks
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April 12, 2025
4:53 PM
1 Cheer
I am getting this error and am not trying to save it anywhere but the C drive. What is a better solution?