All Posts

Check all your 1099Div forms box 2a.   If you imported any 1099, I  would delete them and enter them again Manually.   That usually fixes things especially if you imported it.   It could come from other places like K-1.  

You can report the income as miscellaneous income as long as it is NOT for self-employment.   If it is self-employment, it goes on Schedule C which is business income and is taxed differently.   If you did work to earn money, it is self-employment.  For the schedule C, you can use your name and home address for the 'business'.    When you earn income but are not an employee, you are considered to own your own business.   However, if it was not self-employment income, it does not belong on Schedule C and should be reported as miscellaneous income - taxed as ordinary income.   Examples are lawsuit settlements, prizes, awards, research studies, rebates, or other miscellaneous income you received without any intent to earn income.  I need to enter a 1099 - Am I Self-Employed?

@ kayraflores24 wrote: How do I get rid of the option for turbo tax live $129? It depends on how you came to be in a LIVE product.   This FAQ has both scenarios.   FAQ:  How do I remove TurboTax Live? https://ttlc.intuit.com/community/downgrading/help/how-do-i-remove-turbotax-live/01/27312

Does it show up on your 2023 return?  Where?   Each year is separate.  You probably have to get it back from the IRS.  How did you pay it?   The IRS should notice the overpayment and send it back to you.   You need to log into your IRS account and see what they did with it.  

@dejaboyd111  Also be aware that there is a screen soon after the military W-2 entry that asks something like "Does your W-2 have any of these uncommon situations?"  and has about 10-11 check boxes.   You have to check the box there (for a second time) that you are Active Duty.    I know you were also asked to indicate Active Duty in the My Info section.  But it also asks again after the W-2.   I know that seems redundant to have to indicate it twice..

Thank you so much. That makes sense. I will probably call them or submit new application in Dec-2025 to confirm the qualification. And since I will get 1095-A for 2025 in Jan-2026, I will be good going forward. And yes, the note I saw about checking IRS is on the marketplace in the section that allows to file extension of tax credit.

Compare this year's return to last year to look for clues. Your refund is based on the taxes you paid in during the year (based on your income) along with any credits available to you.    Another post of mine may help you with determining what is best for you with your employer.  You may have some state credits or deductions that you no longer qualify for or may you changed jobs or even typed in the wrong amount for tax withheld. There are many factors.  You can review the IRS website on deductions and credits. If any apply, go back through the Deductions and Credits section of TurboTax.   See Why is my refund lower than last year?

Yes, that is possible.  @rttweiler  You could have empty S-Corp forms in your return.   If you are using the desktop, click on Forms to see all the forms in your return.  You can delete any erroneous forms from there.      If you are using TurboTax Online, use the Delete A Form instructions below to see a list of all the forms in your return.   You can also print or preview a PDF copy of your return to see all of the forms as full pages.      How to delete forms in TurboTax Online

It is probably from the Qualified Dividends and Capital Gain Tax Worksheet.  It does not get filed with your return.    See this FAQ https://ttlc.intuit.com/community/forms/help/form-1040-line-11-amount-is-less-than-standard-irs-tax-table/00/25752   In the online version you need to save your return as a pdf file and include all worksheets to see it.   For the Desktop version you can switch to Forms Mode and open the worksheet to see it.  Click Forms in the upper right (upper left for Mac) and look through the list and open the Qualified Dividends and Capital Gain Tax Worksheet.  And you will need to use this IRS worksheet on page 15. https://www.irs.gov/pub/irs-pdf/i1040tt.pdf

On my 1099-NEC it says it’s nonwmployee compensation. It’s from a business but given up on completion of a program.  I do not have my own business. It is taxable since no taxes were taken out. It’s okay to report as miscellaneous as you’re saying?