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April 23, 2025
5:28 PM
When you enter self-employment income, you pay self-employment tax for Social Security and Medicare.
https://ttlc.intuit.com/community/self-employed/help/what-is-the-self-employment-tax/00/25922 ...
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When you enter self-employment income, you pay self-employment tax for Social Security and Medicare.
https://ttlc.intuit.com/community/self-employed/help/what-is-the-self-employment-tax/00/25922
If you have self-employment income for which you will pay self-employment tax for Social Security and Medicare, you will need to use online Premium software or any version of the desktop software download so that you can prepare a Schedule C for your business expenses.
https://ttlc.intuit.com/community/self-employed/help/how-do-i-report-income-from-self-employment/00/26653
https://ttlc.intuit.com/turbotax-support/en-us/help-article/import-export-data-files/enter-schedule-c/L5Fz3j5us_US_en_US?uid=m6a6gknk
April 23, 2025
5:25 PM
I’m not understanding does it automatically come out or do we need to do something to assure it comes out social security I’m talking about?
April 23, 2025
5:24 PM
You will have to enter all of the information in again. Make sure that you use the same account that you started in and paid.
April 23, 2025
5:22 PM
It got deleted before i could sign it .
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April 23, 2025
5:20 PM
Hi TurboTax Community, I need some guidance regarding my son's tax filing. He is currently in the U.S. on an F1 visa and working under OPT. Unfortunately, he mistakenly filed a resident tax return (...
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Hi TurboTax Community, I need some guidance regarding my son's tax filing. He is currently in the U.S. on an F1 visa and working under OPT. Unfortunately, he mistakenly filed a resident tax return (Form 1040) using TurboTax, but as an F1 student, he should have filed Form 1040-NR as a nonresident. My questions are: 1.Since TurboTax does not support Form 1040-NR, how can he amend or correct his tax return? • Will he still receive a refund from Turbo tax for the fees he paid? • Which software is best suited for preparing and filing Form 1040-NR? • Can he claim the U.S.-Bangladesh tax treaty benefit as a student under OPT while filing Form 1040-NR? Any help or advice on how to proceed would be greatly appreciated! Thank you in advance.
April 23, 2025
5:18 PM
I am a college student in Arizona butt am a resident of Hawaii. Federal income tax was accepted. I have to mail in the Arizona tax form. Hawai’i rejected because”. HICR-001. If line 11(INC Tax paid t...
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I am a college student in Arizona butt am a resident of Hawaii. Federal income tax was accepted. I have to mail in the Arizona tax form. Hawai’i rejected because”. HICR-001. If line 11(INC Tax paid to another state is greater than zero then binary attachments with the file name beginning with tax paid to another state must be present”. I will get back $73 from Arizona. What is a binary attachment?
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April 23, 2025
5:16 PM
It's not clear what you did. It seems that you filed your tax return by mail, since you are talking about USPS tracking. But you cannot pay the tax you owe by direct debit if you file by mail. Direct...
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It's not clear what you did. It seems that you filed your tax return by mail, since you are talking about USPS tracking. But you cannot pay the tax you owe by direct debit if you file by mail. Direct debit is only available with e-filing. CatinaT1 thought you e-filed, but that does not seem to be the case. How exactly did you arrange for "direct withdrawal" from your bank? Did you use IRS Direct Pay or EFTPS? Or did you initially tell TurboTax you wanted to e-file, and select direct debit, but then print your tax return and file by mail instead of e-filing? If that's what you did, your direct debit information did not get sent to the IRS. The information is not on the printed return, as you can see by looking at your copy of the Form 1040 that you mailed. TurboTax would not have offered direct debit as a payment method, or allowed you to enter direct debit information, if you had selected "File by mail."
April 23, 2025
5:15 PM
I have used Turbo for several years and have been happy with the product. This year I used it and was surprised I owed almost $4000 despite voluntarily withholding so much. I trusted Turbo, though,...
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I have used Turbo for several years and have been happy with the product. This year I used it and was surprised I owed almost $4000 despite voluntarily withholding so much. I trusted Turbo, though, and e-filed. A few days later, I went to my pension website to increase my withholding, and had to get some info from my copy of the 1040. Whoa!!! My dividends and interest had both been doubled, increasing my income a lot. I decided to look at everything. The amount of my 2023 Social Security had been used…not the 2024 amount I entered. The total of my credits was about $1200 less than it should have been. I did a paper 1040SR with the corrections and filled out a paper 1040X…instead of owing $3600, I was due an $1800 refund. I paid $12 to mail the packet to IRS. I must now wait as long as 4 months for the refunds. I am so not a happy camper!!! The Turbo Premier program was $115. So much for ease of filing and maximum refund…gonna go it alone next year.
April 23, 2025
5:13 PM
You don't have anything to amend if it is reported correctly with QCD on Line 4b. There would be no changes to the return, so don't amend. Keep the letter with your tax records in the unlikely eve...
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You don't have anything to amend if it is reported correctly with QCD on Line 4b. There would be no changes to the return, so don't amend. Keep the letter with your tax records in the unlikely event you receive another notice.
April 23, 2025
5:10 PM
Don’t think there is anything you can do. The IRS fixed it for you. Your refund should have been less.
April 23, 2025
5:10 PM
my form shows that I earned around 21k and now I have to pay 1800 usd but then I went in a loss I didn't gain so what now
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April 23, 2025
5:05 PM
I did have an incorrect answer when it asked if me or my husband lived outside the US. I put NO for me but YES for my husband, which was incorrect. How do I correct this?
April 23, 2025
5:03 PM
OK, I put YES for my husband by mistake. How do I correct it???
April 23, 2025
4:59 PM
Fees for managing your financial portfolio are no longer deductible as itemized deductions on your federal return since the TCJA was passed.
@rheskey
April 23, 2025
4:59 PM
Yes I did send in the QCD letter and a detailed explanation to the address in the notice and also uploaded the documents so I am hoping that 2022 is cleared up. BUT I did 2023 the exact same way and...
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Yes I did send in the QCD letter and a detailed explanation to the address in the notice and also uploaded the documents so I am hoping that 2022 is cleared up. BUT I did 2023 the exact same way and wondering if I need to file an amended return for 2023 to avoid getting another CP2000 Notice for 2023!
April 23, 2025
4:59 PM
Got a letter saying I didn't file form 8962 on my 2023 tax return
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April 23, 2025
4:59 PM
Follow the steps that were given by ShannonB1, the screen below shows the option to select the type of investment. Then follow the questions to enter your information.
@peterinbosto...
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Follow the steps that were given by ShannonB1, the screen below shows the option to select the type of investment. Then follow the questions to enter your information.
@peterinboston2
April 23, 2025
4:58 PM
Yes. That's how it's supposed to work!
April 23, 2025
4:57 PM
Thank you! But it looks like the amended return sends everything, e.g., Schedule B, D, etc. since they've already been sent the first time. Is that ok? The new 1040 shows the new amount I owe and ...
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Thank you! But it looks like the amended return sends everything, e.g., Schedule B, D, etc. since they've already been sent the first time. Is that ok? The new 1040 shows the new amount I owe and the 1040X shows the difference between the original 1040 and the new one. It sounds like that would work?
April 23, 2025
4:57 PM
I arranged for a direct withdrawal from my bank for payment of my taxes and authorized the money to be released on 4/14/2025. My return is reported, by way of USPS tracking, as delayed. My bank doe...
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I arranged for a direct withdrawal from my bank for payment of my taxes and authorized the money to be released on 4/14/2025. My return is reported, by way of USPS tracking, as delayed. My bank does not show the money released on 4/14/2025. When should I expect the money to be release as payment on my taxes and will there be charges as it is now after the 4/15/2025. Also, I recommend that these contingencies be added to your Tax program in future renditions or at least more conveniently accessible.