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I’m irritated with turbo tax it said I qualified for the child tax credit married filling jointly and made 100k still under 400k and I have 2 kids one 15 and one 17 turbo tax said I qualified 2500 bu... See more...
I’m irritated with turbo tax it said I qualified for the child tax credit married filling jointly and made 100k still under 400k and I have 2 kids one 15 and one 17 turbo tax said I qualified 2500 but did add it what should I do should I amend my taxes I just sent in Tuesday I need answers right away! 
Thank you! As it was described to me that table is for earned income. If there is Social Security Disability at $20,000 per year which is lower than the amount that becomes taxable, and no other inco... See more...
Thank you! As it was described to me that table is for earned income. If there is Social Security Disability at $20,000 per year which is lower than the amount that becomes taxable, and no other income, with no bank accounts, I believe that would show as no income.  
This response by @preetpuri23 helped me. I had to download my 2022 return, and find the loss from that year, and put that in, which will end up in showing for the year 2023. So, 2022 and 2023 will h... See more...
This response by @preetpuri23 helped me. I had to download my 2022 return, and find the loss from that year, and put that in, which will end up in showing for the year 2023. So, 2022 and 2023 will have swapped values, but at least we have both values reported.
Thanks @rick  for the additional answers. I agree with what you wrote, except a couple of clarifications: For state tax basis. How would I be able to tell if the the federal and state have differen... See more...
Thanks @rick  for the additional answers. I agree with what you wrote, except a couple of clarifications: For state tax basis. How would I be able to tell if the the federal and state have different depreciation allowances? Also, since the K-1 has multiple states, should the Oregon adjusted tax basis be different than the Montana tax basis (since I imagine the the investments in the states were different -- where would I see that?). Should the sum of all the state tax bases be close to equaling the federal tax basis? I'm trying to create the correct mental model in my head for how this is supposed to work. I don't know anything about voluntary disclosure request. I did talk to one CPA briefly today, and he did recommend to file extension for Oregon and Montana. I did not bring up the voluntary disclosure request though. I now plan to file an extension since I do not have much time before tax day and do not have an accountant (and they are all pretty much busy). I just need to figure out what to extend. I would probably extend federal as well since there is not much downside to that (even though I think that I did that correctly).
My daughter just used turbotax to complete her first tax filing. She earned $2700 in 2024 but the standard deduction is $3,215, so she should not owe any tax, but the software is telling her that she... See more...
My daughter just used turbotax to complete her first tax filing. She earned $2700 in 2024 but the standard deduction is $3,215, so she should not owe any tax, but the software is telling her that she owes $2. Is this an error or does she really owe the IRS?
okay in Sprintax, how do I give back the AOTC that I have claimed?
okay how do I give back IRS the AOTC tax credit that I have claimed from Turbotax?
Thanks for the response and help. 
He said he's using the desktop version, so why would you ask what browser he's using?  He also said he's trying to pay the state e-file fee, so why would you ask what he's trying to pay and suggest h... See more...
He said he's using the desktop version, so why would you ask what browser he's using?  He also said he's trying to pay the state e-file fee, so why would you ask what he's trying to pay and suggest he pay the IRS online?  Your answer is useless. I had to call TurboTax during business hours for each state I wanted to e-file for several people.  It's a huge hassle, and the reps aren't very well trained in how to take payment over the phone and provide the confirmation number to unlock e-filing. TurboTax is going to lose a lot of loyal customers over their decline in software quality and customer service.  There are too many alternatives for them to suck so back and get away with it.
Hi, Does it make sense that I should enter "Ordinary business income (loss)" twice in TT for form K-1?   Here are the details: 2024 Form K-1 from a master limited partnership provided data for ma... See more...
Hi, Does it make sense that I should enter "Ordinary business income (loss)" twice in TT for form K-1?   Here are the details: 2024 Form K-1 from a master limited partnership provided data for many of the boxes on the form. There is also supplemental information for many boxes; Box 20 supplemental was: 20Z   |   Section 199A Publicly Traded Partnership (PTP) Income   |   (a loss amount)   I entered the above using Step-by-Step on the "Enter Box 20 Info" screen, Code "Z - Section 199A information". Later in the Step-by-Step, TT tells me because I entered a code Z for Box 20, "We need some information About your 199A Income". Of the options presented by TT, the only one I see that makes sense is "Ordinary business income (loss)", but I already entered that earlier in the Step-by-Step.   Does it make sense that I should enter "Ordinary business income (loss)" twice in TT for form K-1?      
Pay with Federal refund worked for me
Why was there an additional charge of $59.78? I used a Credit Card and I checked. There were two charges from the US Dept of treasury
Vanguard merged two accounts in 2024.