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If you are a full-time student you can be claimed as a dependent so make sure that on your own return you say someone can claim you.    You can file a tax return to seek a refund of the amounts in bo... See more...
If you are a full-time student you can be claimed as a dependent so make sure that on your own return you say someone can claim you.    You can file a tax return to seek a refund of the amounts in boxes 2 and 17 of your W-2 even if you did not earn more than the amount that requires you to file a tax return.  Your parents are the ones who can claim the education credit.  Dependents cannot get education credits.
I HAVE A SUBSTANTIAL ASSET THAT QUALIFIES FOR SECT 179 ON SCHEDULE E BUT THE FORM ONLY LETS ME SELECT SPECIAL BONUS DEPRECIATION.   I HAVE ENOUGH RENTAL INCOME PLUS A SECT 179 CARRYFORWARD TO ALLOW M... See more...
I HAVE A SUBSTANTIAL ASSET THAT QUALIFIES FOR SECT 179 ON SCHEDULE E BUT THE FORM ONLY LETS ME SELECT SPECIAL BONUS DEPRECIATION.   I HAVE ENOUGH RENTAL INCOME PLUS A SECT 179 CARRYFORWARD TO ALLOW ME TO TAKE 100% SECT 179 DEDUCTION FOR THIS 2024 PURCHASED ASSET.   I'M SEEING SOME COMMENTS ABOUT THERE BEING SOME TYPE OF BUG IN TURBO TAX AND THAT IS WHY I CAN'T DO IT.  IS THAT TRUE?  IF SO, WHAT IS THE WORK AROUND?  MOVE MY ENTIRE SCHEDULE E OVER TO SCHEDULE C?
have you checked the basis on your other lots of ABC options; when the loss is disallowed, the cost basis of the purchase that triggered the wash sale should be adjusted, it doesn't disappear.   Idea... See more...
have you checked the basis on your other lots of ABC options; when the loss is disallowed, the cost basis of the purchase that triggered the wash sale should be adjusted, it doesn't disappear.   Ideally your broker should be indicating both a lot affected by a wash sale and the lot with the adjusted cost basis.   either you are selling at a loss and already have another lot you purchased previously within the wash sale window and the basis of that purchase should be adjusted.  or you sell at a loss with it's not a wash sale at the time of sale, but you happen to buy that security ('substantially similar') back within the window, now it becomes a wash sale in retrospect and will affect the basis of the new buy.  
School District (SD) income tax withholding will be in box 19 of your W-2.  In TurboTax (TT), enter it at the W-2 screen in box 19 and the name (or SD#) in box 20. TT will carry the amount to the SD ... See more...
School District (SD) income tax withholding will be in box 19 of your W-2.  In TurboTax (TT), enter it at the W-2 screen in box 19 and the name (or SD#) in box 20. TT will carry the amount to the SD return.    For more specific help, identify the state and SD involved
In general, dependents must remain residents of the state of the person claiming them so Arizona is the domicile state.   You must file a nonresident Michigan return and report any income earned ... See more...
In general, dependents must remain residents of the state of the person claiming them so Arizona is the domicile state.   You must file a nonresident Michigan return and report any income earned in Michigan. You must also file a resident Arizona return and report all income regardless of where earned.  You will get a credit for the taxes paid to a resident state on the Arizona return,   
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... See more...
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
No, it's not taxable.  But, you will need to enter the 1099-K information since it was issued to you and the IRS.  After you enter the 1099-K, you can indicate the income shouldn't be taxable.  See: ... See more...
No, it's not taxable.  But, you will need to enter the 1099-K information since it was issued to you and the IRS.  After you enter the 1099-K, you can indicate the income shouldn't be taxable.  See: 14 day rental rule.    To enter the 1099-K: Navigate to Federal > Wages & Income > Other Common Income > Form 1099-K Enter the information from the 1099-K Check the box that says This amount in box 1a is too high or includes some personal transactions Enter the amount that shouldn't be included, which is the entire amount
Do you mean that you have a W-2 and a 1099R----or do you mean that you are trying to enter a 1099R in the place for a W-2?  Do not enter your 1099R as a W-2.     To enter your retirement income... See more...
Do you mean that you have a W-2 and a 1099R----or do you mean that you are trying to enter a 1099R in the place for a W-2?  Do not enter your 1099R as a W-2.     To enter your retirement income, Go to  Federal> Wages and Income>Retirement Plans and Social Security>IRA  401 k) Pension Plan Withdrawals to enter your 1099R.  
That's correct, you can only create one return per account in TurboTax Online.
Excellent, thank you for a quick reply!     Any comments on part 2 of my question (what can be deducted in the case of my home)?  
You mail to the service center where you would be required to file a current year tax return for the tax to which your claim or request relates.  For Arizona,    Department of the Treasury Int... See more...
You mail to the service center where you would be required to file a current year tax return for the tax to which your claim or request relates.  For Arizona,    Department of the Treasury Internal Revenue Service Austin, TX 73301-0002
You're missing the point. Turbo Tax continues to have an issue with Elibigle  VA Educators. It is a glitch. You cannot even press 'yes' that you are an eligible educator. It just brings you back to t... See more...
You're missing the point. Turbo Tax continues to have an issue with Elibigle  VA Educators. It is a glitch. You cannot even press 'yes' that you are an eligible educator. It just brings you back to the same screen.
Check this to search for the FEIN of the international financial institution: https://www.irs.gov/businesses/corporations/fatca-foreign-financial-institution-list-search-and-download-tool then I ap... See more...
Check this to search for the FEIN of the international financial institution: https://www.irs.gov/businesses/corporations/fatca-foreign-financial-institution-list-search-and-download-tool then I applied the found GIIN in the FEIN field, and the TurboTax error was gone!  
I pay insurance premium for Original Medicare. Can this be filed
It depends on when you actually filed the return.  If you had an extension (which gave you until 10/15/22 to file) but filed the return 6/15/22, then your amended return requesting a refund is due 6/... See more...
It depends on when you actually filed the return.  If you had an extension (which gave you until 10/15/22 to file) but filed the return 6/15/22, then your amended return requesting a refund is due 6/15/25.     Per IRS topic no. 308: If you had an extension to file a return and you file it before the extended due date, the return is treated as filed on the date the IRS receives the return.
I don't need to adjust anything. This is a very well known Turbo Tax issue that has yet to be resolved.