All Posts
May 17, 2025
11:02 AM
The question is where can I see the calculations that turbo tax made to compute my taxes?
May 17, 2025
10:59 AM
@leo-nevar I'm on the same boat. Did you get your overpayment back from IRS or did you ended up file an amendment? Thanks!
May 17, 2025
10:58 AM
Why does Turbo offer free self-serve tax filing but at the end still end up paying over $200? Service fees are understandable but why do I have to pay to go over a list of deductions when I already k...
See more...
Why does Turbo offer free self-serve tax filing but at the end still end up paying over $200? Service fees are understandable but why do I have to pay to go over a list of deductions when I already know I don't qualify for any other??? Is there fraud going on with there so called free tax file?
Topics:
May 17, 2025
10:56 AM
Did you e-file your tax return and was it accepted? Only the IRS and your State control when and if a Federal or State tax refund is Approved and Issued.
You complete your tax return by finish...
See more...
Did you e-file your tax return and was it accepted? Only the IRS and your State control when and if a Federal or State tax refund is Approved and Issued.
You complete your tax return by finishing all 3 Steps in the File section. In Step 3, to e-file your tax return, you must click on the large button labeled "Transmit my returns now".
After completing the File section and e-filing your tax return you will receive two emails from TurboTax. The first email when your tax return was transmitted and the second email when the tax return has either been accepted or rejected.
Note - Once a tax return has been Accepted by the IRS or a State, TurboTax receives no further information concerning the tax return or the status of any tax refund. Only the taxpayer listed on the tax return can obtain the status of a tax refund or a tax return.
To check the status of an e-filed return, open up your desktop product or log into your TurboTax Online Account. You can find your status within the TurboTax product. If accepted by the IRS use the federal tax refund website to check the refund status - https://www.irs.gov/refunds
If accepted by the state use this TurboTax support FAQ to check the state tax refund status - https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-refund/track-state-refund/L3jgO8PGs_...
May 17, 2025
10:51 AM
I lived in my house until the end of 2024, then spent $7800 on painting, repairs, and household purchases to make the house a rentable property. The expenses were paid in 2024, but I didn't get my fir...
See more...
I lived in my house until the end of 2024, then spent $7800 on painting, repairs, and household purchases to make the house a rentable property. The expenses were paid in 2024, but I didn't get my first renter until spring 2025. Do I claim the expenses on my 2024 or my 2025 taxes?
May 17, 2025
10:41 AM
May 17, 2025
10:30 AM
Did you e-file your tax return and was it accepted? Only the IRS and your State control when and if a Federal or State tax refund is Approved and Issued.
You complete your tax return by finish...
See more...
Did you e-file your tax return and was it accepted? Only the IRS and your State control when and if a Federal or State tax refund is Approved and Issued.
You complete your tax return by finishing all 3 Steps in the File section. In Step 3, to e-file your tax return, you must click on the large button labeled "Transmit my returns now".
After completing the File section and e-filing your tax return you will receive two emails from TurboTax. The first email when your tax return was transmitted and the second email when the tax return has either been accepted or rejected.
Note - Once a tax return has been Accepted by the IRS or a State, TurboTax receives no further information concerning the tax return or the status of any tax refund. Only the taxpayer listed on the tax return can obtain the status of a tax refund or a tax return.
To check the status of an e-filed return, open up your desktop product or log into your TurboTax Online Account. You can find your status within the TurboTax product. If accepted by the IRS use the federal tax refund website to check the refund status - https://www.irs.gov/refunds
If accepted by the state use this TurboTax support FAQ to check the state tax refund status - https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-refund/track-state-refund/L3jgO8PGs_...
After the tax return has been Accepted by the IRS (meaning only that they received the return) it will be in the Processing mode until the tax refund has been Approved and then an Issue Date will be available on the IRS website.
May 17, 2025
10:30 AM
Yes, I agree that they will likely not fix this issue. In the instructions, they do say you can "e-file or print your return." So that is still inaccurate.
May 17, 2025
10:04 AM
You will have to contact TurboTax support for assistance with this problem. Use the key words Billing Issue
See this TurboTax support FAQ for contacting support - https://ttlc.intuit.com/turbotax...
See more...
You will have to contact TurboTax support for assistance with this problem. Use the key words Billing Issue
See this TurboTax support FAQ for contacting support - https://ttlc.intuit.com/turbotax-support/en-us/help-article/account-management/turbotax-phone-number/L0Od33nMQ_US_en_US?uid=lfgviwbm
May 17, 2025
10:03 AM
If you are a W-2 employee, then your contributions to the 401(k) are reported on your W-2 in box 12 with a code of D. Those contributions are not entered anywhere else on a tax return.
You c...
See more...
If you are a W-2 employee, then your contributions to the 401(k) are reported on your W-2 in box 12 with a code of D. Those contributions are not entered anywhere else on a tax return.
You can use the TurboTax free online edition if all you will be entering on the tax return is the tax data from your W-2.
Go to this TurboTax website for the Free online edition - https://turbotax.intuit.com/personal-taxes/online/free-edition.jsp
May 17, 2025
9:58 AM
look at page 2 line 16 of your 1040
line 16 can come from
1) tax tables
2) tax rate schedule
3) form 8814
4) form4972
5) long termn capital gain and qualified dividend worksheet (not so i...
See more...
look at page 2 line 16 of your 1040
line 16 can come from
1) tax tables
2) tax rate schedule
3) form 8814
4) form4972
5) long termn capital gain and qualified dividend worksheet (not so indicated)
6) other forms
then there may be other forms and schedules with amounts on lines 17,19,20,23,27, 28 and 29
May 17, 2025
9:35 AM
I want to see how my federal taxes are calculated
May 17, 2025
9:28 AM
Federal and state refunds come from completely separate entities. There is no rule as to which one will come in first or how long it will be between their arrival in your account.
TurboTax giv...
See more...
Federal and state refunds come from completely separate entities. There is no rule as to which one will come in first or how long it will be between their arrival in your account.
TurboTax gives you an estimated date for receiving your refund based on a 21 day average from your date of acceptance, but it can take longer. “21 days” is not a promise from TurboTax or the IRS.
First, check your e-file status to see if your return was accepted:
https://turbotax.intuit.com/tax-tools/efile-status-lookup/
Once your federal return has been accepted by the IRS, only the IRS has any control. TurboTax does not receive any updates from the IRS. Your ONLY source of information about your refund now is the IRS.
You need your filing status, your Social Security number and the exact amount (line 35a of your 2024 Form 1040) of your federal refund to track your Federal refund:
https://www.irs.gov/refunds
To track your state refund:
https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-refund/track-state-refund/L3jgO8PGs_US_en_US?uid=lt447ebr
If you chose to have your TurboTax fees deducted from your federal refund, that will take some extra time, while the third party bank handles the refund processing
https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-refund/refunds-take-longer-others/L14YlqFrH_US_en_US?uid=lexdr7zh
.
https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-refund/irs-refund-taking-longer-21-days/L2vRAJbdU_US_en_US?uid=lexe7lst
https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-refund/irs-refund-taking-longer-21-days/L2vRAJbdU_US_en_US?uid=lexe7lst
May 17, 2025
9:19 AM
Topics:
May 17, 2025
9:07 AM
https://turbotax.intuit.com/tax-tips/self-employment-taxes/the-self-employment-tax/amp/L8xXjolB4
May 17, 2025
9:06 AM
You qualify for the $500,000 exclusion after you and your wife live in it as your primary home for 2 years even though she is not on the deed.
May 17, 2025
9:06 AM
Wow! This is the stupidest tax law that I have heard of. The RSUs vest because of me staying employed due to the work I perform NOW. If I left I wouldn't get the RSUs because of the historical work I...
See more...
Wow! This is the stupidest tax law that I have heard of. The RSUs vest because of me staying employed due to the work I perform NOW. If I left I wouldn't get the RSUs because of the historical work I performed. This is so dumb. Anyways thanks for your explanation!!!
May 17, 2025
8:28 AM
"Accepted" does not mean it was filed on time. Accepted means you entered enough information for the IRS to take it into the system for processing.
https://turbotax.intuit.com/tax-tips/small-b...
See more...
"Accepted" does not mean it was filed on time. Accepted means you entered enough information for the IRS to take it into the system for processing.
https://turbotax.intuit.com/tax-tips/small-business-taxes/business-tax-deadline-guide-for-2024/c6DlyOhp5
May 17, 2025
8:25 AM
are you asking about "AGI"? any dollars that were originally contributed or dollars that were converted from a Trad IRA will not impact your AGI as it is non-taxable. However, if you withdr...
See more...
are you asking about "AGI"? any dollars that were originally contributed or dollars that were converted from a Trad IRA will not impact your AGI as it is non-taxable. However, if you withdraw "earnings" it may have an impact on AGI as it could be taxable. If you are over 59.5 years old and the oldest Roth account you own has been open for five calendar years, any earnings withdrawn is not taxable income and would have no impact on AGI. However, if you are under 59.5 years old OR your oldest Roth account has not been open for five calendar years, the earnings would be taxable and impact AGI. Note that the IRS presumes that all your contribution dollars are withdrawn first, all your conversion dollars are withdrawn next and your earnings are withdrawn last.