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Yes, you would report in Part 6.  If you have an interest in a foreign pension or deferred compensation plan, you have to report this interest on Form 8938 if the value of your specified foreign fina... See more...
Yes, you would report in Part 6.  If you have an interest in a foreign pension or deferred compensation plan, you have to report this interest on Form 8938 if the value of your specified foreign financial assets is greater than the reporting threshold that applies to you.
Tell TurboTax that you will mail a check and then modify your payment plan on the IRS website.   
If you had a loss it would be entered as a negative number.
There is no way to combine two TurboTax accounts. Pick the one you want to use from now on, and don't use the other account anymore.  
1--800--TAX--1040.
I did a withdrawl in January and the banker at the credit union said I would still file taxes on it this year because I got the pension check in 2024. I did not withdraw the full amount only a portio... See more...
I did a withdrawl in January and the banker at the credit union said I would still file taxes on it this year because I got the pension check in 2024. I did not withdraw the full amount only a portion. Yes the full amount was in box 1. 
I NEED TO UPDATE MY HSA 8889 ON WHAT I FILED IS INCORRECT
If you are listing under your business, just enter the gross amount under 'General Income' instead. 
Yes, you do need to report it. To report.   Log into your account Select Wages and income Less Common income Miscellaneous Income, 1099-A, 1099>start Go to cancellation of debt. ... See more...
Yes, you do need to report it. To report.   Log into your account Select Wages and income Less Common income Miscellaneous Income, 1099-A, 1099>start Go to cancellation of debt. Enter the 1099C details    
I have an LLCP whose majority owner is an S-Corp. That S-Corp owned approximately 72% of the LLCP. At the start of 2024 the S-Corp dissolved and distributed the LLCP member units it owned to its shar... See more...
I have an LLCP whose majority owner is an S-Corp. That S-Corp owned approximately 72% of the LLCP. At the start of 2024 the S-Corp dissolved and distributed the LLCP member units it owned to its shareholders pro rata to their ownership in the S-Corp.   In substance, the ownership of the LLCP did not change. Previously, this may have qualified as a technical termination, but as I understand the regs now, the technical termination provision has been eliminated. As such, the only impact on the LLCP from a tax and filing perspective would be to report the exit of the S-Corp and the entry of the S-Corp shareholders on the appropriate date and to allocate profit and loss in accordance with those dates.   Am I interpreting that correctly. Am I missing anything?   Thanks, Britania
Did you enter a 1099-C in your return?  If so, that's a debt cancellation.   If not, scroll down the income topics page all the way down to Miscellaneous Income, 1099-A, 1099-C.  Click Update on ... See more...
Did you enter a 1099-C in your return?  If so, that's a debt cancellation.   If not, scroll down the income topics page all the way down to Miscellaneous Income, 1099-A, 1099-C.  Click Update on 'Cancellation of Debt' and see if there's an entry there.    If not, you can delete Form 1099-C from your return.  If you're using TurboTax Online, here's How to Delete Forms in TurboTax Online.  Clear your  Cache and Cookies before trying to Efile again.    @lildutchie         
To file an extension using TurboTax   Sign in to TurboTax. Select File an extension in the menu or go to extension. You can also select Tax Tools then Tools from the menu and choose... See more...
To file an extension using TurboTax   Sign in to TurboTax. Select File an extension in the menu or go to extension. You can also select Tax Tools then Tools from the menu and choose File an extension. Follow the instructions to e-file your extension. Note: You can't file an extension after April 15, 2025.
I believe that if you have a fund in which 50% or more of the items are generating interest and dividends that would be tax-free to an individual, that the interest and dividends as a whole are tax-f... See more...
I believe that if you have a fund in which 50% or more of the items are generating interest and dividends that would be tax-free to an individual, that the interest and dividends as a whole are tax-free in California.   See R&TC §17145   But, of course, if you have multiple income sources within the HSA, then you will have to draw up a list and calculate the taxable and tax-free items, and enter the net amount in the CA state interview.   Also note that CA taxes all capital gains as ordinary income, so you don't have to worry about short-term and long-term gains. Just lump them all together and enter them in the CA state interview.
I've tried that, and deleted the 1099-R that the online version "sees", and then re-entered everything manually.  I click on the 1099-INT and fill in the information, and it still thinks it's a 1099-... See more...
I've tried that, and deleted the 1099-R that the online version "sees", and then re-entered everything manually.  I click on the 1099-INT and fill in the information, and it still thinks it's a 1099-R.   
I am not a dependent on my parents taxes. I was covered by my parents through Affordable Care Act for part of 2024. My Mother received a form 1095 A on which I am listed. I am using Turbo tax Premier... See more...
I am not a dependent on my parents taxes. I was covered by my parents through Affordable Care Act for part of 2024. My Mother received a form 1095 A on which I am listed. I am using Turbo tax Premier and can't locate/find where to enter the Form 1095A info into turbo tax. I've googled it, I've tried Turbo tax Help, all to no avail. Can anyone tell me where and how to input the info, or do I really have to put it on my form. All the tax  info I get says I must put the info on my taxes...HELP!   I'm no moron, except when it comes to taxes. Evidently I'm missing the obvious or its not obvious. I need detailed instruction....
Just answer NO when asked.   If you got the F8962-070 reject code, see below.     If your tax return gets rejected, but you do not have a form 1095-A, see the bottom of this TurboTax FAQ to see h... See more...
Just answer NO when asked.   If you got the F8962-070 reject code, see below.     If your tax return gets rejected, but you do not have a form 1095-A, see the bottom of this TurboTax FAQ to see how you can certify your choice and e-file your return.