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April 12, 2025
4:26 PM
Topics:
April 12, 2025
4:26 PM
You cannot e-file if you do not have a social security number or ITIN for your child. You will not be able to claim your child as a dependent or claim credits without the tax identification numbers....
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You cannot e-file if you do not have a social security number or ITIN for your child. You will not be able to claim your child as a dependent or claim credits without the tax identification numbers.
April 12, 2025
4:26 PM
No. Employer contributions are not to be entered as regular IRA contributions. Also, enter amounts shown in box 12 of your W-2 only in box 12 of TurboTax's W-2 form, nowhere else in TurboTax.
Here's how to enter your dependent child's higher education expenses in TurboTax:
Navigate to Federal > Deductions & Credits > Expenses and Scholarships (Form 1098-T)
Continue through the...
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Here's how to enter your dependent child's higher education expenses in TurboTax:
Navigate to Federal > Deductions & Credits > Expenses and Scholarships (Form 1098-T)
Continue through the interview to answer the questions and enter the expenses.
Note: Typically, room and board expenses are not qualified education expenses. However, if you paid for them with a Coverdell ESA or a 529 plan distribution, they can reduce the taxable portion of the distribution. Room and board is should be entered on the screen asking "Did you Pay for Books or Materials to attend school?"
Here is some more information you may find useful: Guide to Tax Form 1098-T: Tuition Statement
April 12, 2025
4:24 PM
My employer underreported my taxable income on my initial W2 I received. They are working on a corrected W2, but it is not complete yet.
April 12, 2025
4:24 PM
Do you have a tax form, or are you asking about a specific state tax credit? If so, what state? There is not a $100 elderly tax credit reported on the federal return.
April 12, 2025
4:24 PM
how do I do this in Turbotax online?
April 12, 2025
4:24 PM
I am doing just that, as in your screenshot above. I click on my schedule C Business that appears up in that box in order to highlight it, and then enter the first month of operation in the last mont...
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I am doing just that, as in your screenshot above. I click on my schedule C Business that appears up in that box in order to highlight it, and then enter the first month of operation in the last month of operation in 2024. That goes in just fine. Then to continue on to the next screen first question ask for the social security number of the other taxpayer, which is my adult daughter. I enter the months that she shared my plan which is January through September. Then the next question asks "what percentage of the following policy amounts do you want to claim on your tax return". I am reading that as it is asking me about what percentage I want to claim, not my daughter and what percentage she need s to claim. I believe that's right. So I put 100% into three boxes that read "your premium percentage", "your slcsp percentage", "your Advanced payment of PTC percentage". Then when I click continue it comes back to the 1095-a screen with a confirmation that the 1095-a information has been entered into TurboTax. At that point, everything looks good. However, when I get to the review of the federal return it says there are six areas on my federal return that will need reviewed. Those six areas are on the 1095-a form in the Box that says "shared policy allocation information smart worksheet". It shows my daughter's social security number in the first box as the taxpayer sharing my allocation, and then the start month January and stop month September (which is correct), however the premium percentage and slcsp percentage and the advanced payment of PTC percentage all read 100 where it should say zero zero and zero. It seems to have taken the amount that I allocated in the 1095-a step by step associated with my social security number (100% allocation), and it seems to have applied it to her social security number where hers should be zero,zero,zero. Those six boxes with her information are where I get that "business related premium smart worksheet below are not supported" error message. When I scroll down to the business related premiums information worksheet, nothing is linked to my schedule C per diem work. I think that is part of the error. I have double clicked it and Linked it to my schedule C. However the link does not stay once I move off of the page. When I come back the link is gone. I think that's why I am getting the six error messages regarding her allocation, I think they are not linked to anything. But no matter how many times I've tried I double clicking it, it shows the link then when I leave the page and come back it's not there. Is there something else within the step-by-step that I need to check or uncheck to keep the link to my schedule C active? Also why is it giving her my 100% allocation that I clearly marked to be associated with my social security number in the step-by-step? Is there somewhere where I need to put her zero zero zero allocation within the step-by-step so that it will show up in this box with her SS# where it belongs instead of my allocation?
April 12, 2025
4:23 PM
To see your fees, go to: Tax Tools and Tools. These are down the left side of the screen in a black border. Follow these directions.
Down the left side of TurboTax, click on Tax Tools.
Cl...
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To see your fees, go to: Tax Tools and Tools. These are down the left side of the screen in a black border. Follow these directions.
Down the left side of TurboTax, click on Tax Tools.
Click on Tools.
Click on My Fees in the center of the screen.
April 12, 2025
4:22 PM
Why? That seems like a terrible decision.
April 12, 2025
4:22 PM
Can you clarify if you are using TurboTax Desktop or Online? If using Desktop you can login with the same credentials you have been using and just create a new return using the steps above. If you...
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Can you clarify if you are using TurboTax Desktop or Online? If using Desktop you can login with the same credentials you have been using and just create a new return using the steps above. If you are using TurboTax Online you will create a separate account using a separate email.
@mland
April 12, 2025
4:21 PM
It says use the edit button below but there isn"t one.
April 12, 2025
4:21 PM
How do I force turbotax online to generate it-203-f schedule B?
April 12, 2025
4:20 PM
I have the same problem in TurboTax Premier. I do not find the "Other Business Expense" or "Common Business Expense" section in my Step-by-Step view. My Business Items appear in "Wages & Income" . ...
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I have the same problem in TurboTax Premier. I do not find the "Other Business Expense" or "Common Business Expense" section in my Step-by-Step view. My Business Items appear in "Wages & Income" . "Business Items" . "Business Income and Expenses (Sch C)" There is no access there to the individual lines of Sch C.
April 12, 2025
4:19 PM
Topics:
April 12, 2025
4:19 PM
It depends. If you have a statement from a medical facility or a doctor stating that your son is permanently and totally disabled then your son may be a qualifying dependent.
Please update her...
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It depends. If you have a statement from a medical facility or a doctor stating that your son is permanently and totally disabled then your son may be a qualifying dependent.
Please update here with additional details if you have more questions and we will help.
April 12, 2025
4:18 PM
April 12, 2025
4:18 PM
When I enter my email address in for the new account it says the address is already taken. So what do I use for the Email address if I can have up to 5 returns under the same email?