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April 11, 2025
5:57 PM
It depends on what state- each state has their own rules and filing requirements- let us know which state and we can check for you!
April 11, 2025
5:54 PM
As noted in my description, the form isn't working correctly. Selecting other options is not behaving correctly. It used a month or so ago, but not now. The other suggestion in this thread allowed...
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As noted in my description, the form isn't working correctly. Selecting other options is not behaving correctly. It used a month or so ago, but not now. The other suggestion in this thread allowed me to work around it.
April 11, 2025
5:52 PM
Doing this was tedious but got me a lot closer to what I'm shooting for. Thanks! They really need to fix entry via the form though; much easier that way. It worked a month or so ago. Anoth...
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Doing this was tedious but got me a lot closer to what I'm shooting for. Thanks! They really need to fix entry via the form though; much easier that way. It worked a month or so ago. Another option would be for Turbotax to allow manual edit/entry onto the vouchers themselves or even allow printing of blank forms.
April 11, 2025
5:52 PM
the letter from IRS said that there was a miscalculation in taxable SS, nothing about deductible IRA. TT had IRA as non-deductible, and excess.
April 11, 2025
5:51 PM
I bought the 2024 Turbo Tax Premier on Amazon, and have a Product Key. I'm logged into my Intuit account but cannot find where to enter my paid Product Key. Can you help? TIA. Suzanne
April 11, 2025
5:50 PM
Topics:
April 11, 2025
5:50 PM
No. If this is cost sharing it is not reportable or taxable income.
April 11, 2025
5:50 PM
as trustee,I have received an award settlement (14K) payable to the trust which filed a final return 1041 3 years ago....the award settlement was based on proving heirship to the deceased and I am o...
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as trustee,I have received an award settlement (14K) payable to the trust which filed a final return 1041 3 years ago....the award settlement was based on proving heirship to the deceased and I am one of 3 beneficiaries that are heirs ....do I even need to file taxes since it is inherited ..or can I just distribute it.....I deposited the check into the trust acct which is not accruing any interest and that I planned to close...
April 11, 2025
5:50 PM
Thank you for the detailed response. So does that mean I need to put in 100% as a business portion? Can you take a look at the following? I think it's in line with what you are saying but I'm still a...
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Thank you for the detailed response. So does that mean I need to put in 100% as a business portion? Can you take a look at the following? I think it's in line with what you are saying but I'm still a little unsure. When it is done that way my 4797 looks as follows: Part I, line 2 - gross sales price (d) 90,618; cost or other basis (f) 71,181; gain (g) 19,437 line 6 gain - 54,628 line 7 combination gain - 74,065 Part 3, line 20 - gross sales price - 171,882 line 21 - cost or other basis plus expense of sale - 160,195 line 22 depreciation - 42,941 line 23 adjusted basis - 117,254 line 24 total gain - 54,628 Bottom line - even though I lost money on this property from when I purchased it, it's considered a gain since it went up in price from it's potential sales value when I first put it up for rent?
April 11, 2025
5:48 PM
Topics:
April 11, 2025
5:48 PM
This is for an inherited IRA. The withdrawal was made in error by my financial advisor, and it was not reversed or contributed to another IRA.
April 11, 2025
5:47 PM
You need form 4797 reporting the sale of your business property. It will show up on Sch D.
Publication 544 (2024), Sales and Other Dispositions states that mineral rights are reported on From 4...
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You need form 4797 reporting the sale of your business property. It will show up on Sch D.
Publication 544 (2024), Sales and Other Dispositions states that mineral rights are reported on From 4797.
April 11, 2025
5:47 PM
Yes, you would have to include all people who you share the ACA policy with so that the Advanced Premium Tax Credit can be properly allocated and reported.
April 11, 2025
5:46 PM
A second return online? Not in the same account. Online TurboTax can prepare only 1 Federal return per online account per year. To prepare a second return requires a different separate account ...
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A second return online? Not in the same account. Online TurboTax can prepare only 1 Federal return per online account per year. To prepare a second return requires a different separate account (different User ID). You can use the same email address in the Account Settings for notification purposes in up to 5 accounts, if desired, but each log-in User ID must be unique. Do NOT try to prepare a second return in the same account, or it will overwrite the first one. For future reference, desktop editions can prepare multiple Federal returns with up to 5 Federal efiles.
April 11, 2025
5:45 PM
Yes, but if that is your ONLY income, you probably don't have to file a federal return. Do I have to file a federal return this year?
April 11, 2025
5:45 PM
How do I fix this error from last year's return?
April 11, 2025
5:45 PM
Try closing TurboTax, and then clear your cache and cookies.
A full or corrupted cache can cause problems in TurboTax, so sometimes you need to clear your cache (that is, remove these temporary...
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Try closing TurboTax, and then clear your cache and cookies.
A full or corrupted cache can cause problems in TurboTax, so sometimes you need to clear your cache (that is, remove these temporary files).
Here are the official instructions for the most popular browsers:
Google Chrome
Mozilla Firefox
Microsoft Edge
Each browser has a slightly different method for deleting cookies. Choose the browser you're using:
Microsoft Edge
Mozilla Firefox
Google Chrome
Safari
TurboTax FAQ: How to clear your cache
TurboTax FAQ: How do I delete cookies?
April 11, 2025
5:43 PM
Thank you... Makes sense.
April 11, 2025
5:43 PM
I have signatory authority over bank accounts more than 25 countries because of my job. Both the desktop and the online versions are limiting me to 25 countries. How do I add more?