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That’s the thing though, I had requested to receive my refund by check and not by direct deposit.   I had just looked up the routing number for the bank that’s on my tax file and it traces back to a bank in West Virginia, and I live in Wisconsin, and also the account number it was deposited into is nowhere even similar to my account number.

@kcleaverpurdy  wrote:  "I am trying to correct my rejection and it will bypass all the pages."   I'm not sure what "will bypass all the pages" means, but if you mean your return interview is closed, and you can't get back to the interview, then go to the Tax Home page and look for a link "Add a State."   That doesn't really add one, but opens the return interview back up so you can keep working on it and correct anything.

@HRP20 wrote: Yes both homes in California. We still see each other, but live separate as healthier for our relationship. We are both over age 75 & retired. This topic came up because I need to sell my house and move to assisted living and my spouse thinks there's no way for me to get the Tax exemption for selling my house as my primary residence even though all utilities at my house are in my name I think should be proof even though he has always done our taxes and address lists his address for the Joint return. Because you live in separate homes, you can claim an exclusion of up to the first $250,000 of capital gains as long as you owned the home at least 2 years and lived there as your main home for at least 2 of the past 5 years.  Or, if you owned the home less than 2 years or lived there less than 2 years, you can claim a partial exclusion if you are selling due to a "hardship" (which seems to be the case). See publication 523. https://www.irs.gov/forms-pubs/about-publication-523   You can't use the joint exclusion of $500,000, even if you file jointly, because you live apart.  But you can use your $250,000 exclusion on the home you live in, and this will not limit your spouse from using their exclusion if they want to sell their house now or later.     What counts is whether or not you owned the home and lived in the home as your main residence.  This is not controlled by the fact that you used a different address on your tax return.  If audited, you would prove where you actually lived using things like utility bills, newspaper or telephone subscription, bills or statements from your doctor, pharmacy, credit cards, etc. showing where you live, and so on.     Your spouse is over-thinking.    

There is no Federal credit for contributing to a 529 account. There are federal Education Credits you can claim if you, your spouse or your dependent were in college, or a registered trade school or apprenticeship program that provides a Form 1098T. There are a lot of pieces required to claim a federal education credit, the income must be within a required range for your filing status, the expenses need to be larger than scholarships and 529 payments. The 2 Federal Education Credits are the American Opportunity Tax Credit (AOTC) and the Lifetime Learning Credit (LLC), both based on other required information, some of the credits will only lower federal taxes owed and others can potentially give an additional refund. Here are 2 links that explain the options. What education tax credits are available? - TurboTax Support https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-credits-deductions/education-tax-credits-available/L691dvlGB_US_en_US   Available education tax credits are: the American Opportunity Tax Credit and the Lifetime Learning Credit. We'll check to see if you qualify for either ... How do Education Tax Credits Work? - TurboTax - Intuit https://turbotax.intuit.com/tax-tips/college-and-education/what-are-education-tax-credits/L7TuLrVqZ**Say "Thanks" by clicking the thumb icon in a post **Mark the post that answers your question by clicking on "Mark as Best Answer"         ttlc.intuit.com What education tax credits are available? Two available education tax credits are: the American Opportunity Tax Credit and the Lifetime Learning Credit. We'll check to see if you qualify for either of t Feb 21st         turbotax.intuit.com How do Education Tax Credits Work? Education tax credits like the American Opportunity Credit and Lifetime Learning Credit can significantly reduce the amount you owe in taxes. If you attend a college or trade school, you may be eligible to claim an education tax credit. Learn more about the different types of education tax credits, how they work, and whether you qualify.    

A penalty is generally assessed if you owe $1,000 or more in taxes, paid 90% of taxes in the current year or if you have paid %100 percent of taxes in the prior year.   There are also rules for high income individuals.   If income is not received evenly throughout the year, this would affect how taxes must be paid to alleviate any penalties.  The 2210 would calculate penalties if they were to be included on the return.   https://www.irs.gov/pub/irs-pdf/i2210.pdf The IRS ultimately calculates all penalties and interest. https://www.irs.gov/payments/penalties If income is unevenly received throughout the year, you may be able to have the penalty reduced or removed. https://www.irs.gov/individuals/understanding-your-cp30-notice Thanks for the question.

Yes both homes in California. We still see each other, but live separate as healthier for our relationship. We are both over age 75 & retired. This topic came up because I need to sell my house and move to assisted living and my spouse thinks there's no way for me to get the Tax exemption for selling my house as my primary residence even though all utilities at my house are in my name I think should be proof even though he has always done our taxes and address lists his address for the Joint return.

In New York, if you're making deductions for contributions to a 529 plan on your tax returns, here's how to do it: For Form IT-201 (Resident Income Tax Return), enter your 529 plan contributions on line 30.   For those using Form IT-203 (Nonresident and Part-Year Resident Income Tax Return), you should record your 529 contributions in the Federal amount column of line 29. Additionally, sum up the amounts from lines 10 and 14, column B, of Form IT-225, and enter this total in the New York State amount column of line 29. IT-201: NY Resident Income Tax Return  IT-203: NY Nonresident and Part-Year Resident Income Tax Return  IT-225: New York State Modifications  I am hoping you found the above information helpful.   Kind Regards, Franklin TurboTax Expert **Say "Thanks" by clicking the thumb icon in a post **Mark the post that answers your question by clicking on "Mark as Best Answer"

Hello, I am sorry to hear you received a CP30  notice for underpayment of estimated taxes. I hope to clarify this for you. To answer your questions:   1. Why did I owe a penalty since my overall tax payments satisfied the required taxes, and I was due a refund? My understanding is that a penalty may be avoided if a taxpayer owes less than $1,000 in tax. Answer: The estimated tax penalty is not based on whether you had a refund or not.  It is based on your tax liability. Self employed contractors who expect to owe more than $1000 in taxes after withholding and refundable credits  are subject to estimated payments as there is no withholding from the self employment 2. Who is responsible for the estimated tax penalty - the preparer or the IRS? The estimated tax penalty is calculated on the tax return and appears on line 38 of the 1040. 3. Since my income increased in the 2nd half of the year, should the tax return have included Form 2210 - Schedule A1 - Annualized Income Installment Method computation to avoid the penalty? By choosing to compare the annualized income installment method , only a small portion of your income would be earned at the beginning of the year. I have included more information on the estimated tax penalty: https://www.irs.gov/payments/underpayment-of-estimated-tax-by-individuals-penalty   I                   

In general, to avoid an estimated tax penalty you would want to meet the Safe Harbor requirements (See: Underpayment of estimated tax by individuals penalty )   Pay at least 90% of your current year's tax liability: Estimate your total tax liability for the current year and ensure your payments (withholding and estimated payments combined) cover at least 90% of that amount. Pay 100% of your previous year's tax liability: You can avoid a penalty by paying 100% of the tax shown on your previous year's return (110% if your adjusted gross income was over $150,000, or $75,000 if married filing separately).  Based upon you receiving a CP-30 you did not meet the Safe Harbor requirements. The $1,000 threshold in estimated tax payments refers to the amount of tax you expect to owe for the current tax year, after subtracting your withholdings and refundable credits.   Your estimated tax payments that you made for all four quarters are not included in this calculation.   In short, since the refund was generated because of the estimated tax payments and not withholding and refundable credits this is the reason you have an estimated tax penalty.   The next two questions are intertwined.   While TurboTax automatically calculates and adds an underpayment penalty to your tax return if you didn't pay enough estimated taxes throughout the year, or if your withholding wasn't sufficient, it would appear your preparer did not do so.  I would say it is best to calculate the penalty, as Turbo Tax does, as well as annualize income if there was income that was received during the year that is not equal across the quarters.     Thank you for your question @Dan S9    Thank you for choosing TurboTax Live and have a great day!   All the best,   Marc T. TurboTax Live Tax Expert 28 Years of Experience Helping Clients

@HRP20 wrote: Yes both homes in California. We still see each other, but live separate as healthier for our relationship. If you are both permanent residents of California, you can file jointly if you prefer, and the state won't care that you live in separate homes.  The only issue might be that you will only have one address on your tax return, this is where you want tax-related mail to be sent.  It does not have to be the address where you live.  It can be either home, or a PO Box, or even a relative whom you trust.     If you did want to file separately (married filing separately) then you would file MFS for both the federal and state, and you would each use your own address on your own return.

If you owe the IRS 2 years in a row, the IRS can legally determine you needed to pay Quarterly Estimated Taxes for the balance.  The last quarterly payment is due Jan 15th of the year you will file.  So 1/15/2025 for the 2024 year tax return.  The penalty is based on when the actual payments were made, as the IRS has access to all the payroll tax payment amounts and dates paid.  Unless you provide all your paystubs to your tax expert, they cannot report these payments accurately to calculate the penalty.  Here at TurboTax Full Service we err on the other side.  We recommend paying the penalty so the IRS doesn't continue to accrue interest and penalties on you.  And sometimes part of the penalty is refunded once the return is processed.   Some ways to avoid an Estimated Tax Penalty for 2025 are  to pay Estimated Tax Payments to the IRS by 1/15/2026 or  increase your withholdings.   If you found this advice helpful, please let us know.   Best regards, Catherine TurboTax Expert   **To express thanks, click the thumb icon in a post. **To highlight helpful answers, click on "Mark as Best Answer."  

When you say you have no W-4, do you mean you have no income to report to NY State or NYC? The NY State return has 2 Education deductions that can potentially lower NY State income. There are no NY City Education credits or deductions and there are no NY State credits.NY State residents can potentially deduction contributions to a New York's 529 College Savings Program. Individuals can deduct up to $5,000, and married couples filing jointly can deduct up to $10,000 against their NY State income. Here's a more detailed breakdown: Tax Deduction: New York residents can deduct up to $5,000 of contributions to a 529 plan from their state income taxes each year.   Married Filers Jointly: Married couples filing jointly can deduct up to $10,000 of contributions.   Contribution Deadline: Contributions must be made by the end of the tax year (December 31st) to be eligible for the deduction.   Eligibility: To claim the deduction, you must live and work in New York.   NY State credits for a NY state 529 contribution: The form to claim the New York State 529 College Savings Program deduction is Form IT-201, Full-Year Resident Income Tax Return. You'll report your 529 contributions on Line 30 of Form IT-201.NY State Claim for College Tuition Credit or Itemized Deduction. To claim the New York State College Tuition Credit or Itemized Deduction, you need to use Form IT-272, Claim for College Tuition Credit or Itemized Deduction. This will report to IT-201 line 68 or be added to your NY State Itemized Deductions. Both can potentially lower your NY State Income. There is no additional NY State refund for either of these. **Say "Thanks" by clicking the thumb icon in a post **Mark the post that answers your question by clicking on "Mark as Best Answer"

@Pamela-M  Thank you for the fast response. He already contacted the Medicaid office. They said he already had a SNAP card. But his card actually has a $0 balance. And also he co-pays $200 for his health plan monthly. Thus we feel puzzled about this issue...

Your question is posting from online Live Deluxe.  If you really used the "Live" online software with help from a tax expert, then contact your expert for assistance.   No one in the user forum can see your tax return or change or fix anything for you.     https://ttlc.intuit.com/turbotax-support/en-us/help-article/product-setup/connect-tax-expert-turbotax-live/L73wOZD5D_US_en_US?uid=m8zw1pbb