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April 11, 2025
5:10 PM
can I use turbo tax free if my only income is from social security
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April 11, 2025
5:09 PM
It seems the edit feature for my last reply doesn't work :( I have used this form successfully a month or so ago on a different return. Something has broken since.
April 11, 2025
5:08 PM
1 Cheer
No. Death is not the same abandonment. You cannot claim abandonment when your spouse dies.
April 11, 2025
5:08 PM
You said she was there (in school) more than 5 months, that counts as full time. Answer that question yes, in the info section.
Q. I think without full-time status none of this counts anyhow?...
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You said she was there (in school) more than 5 months, that counts as full time. Answer that question yes, in the info section.
Q. I think without full-time status none of this counts anyhow?
A. No. Even though the school didn't check the half time+ box, you can still answer yes to the follow up question, in the educational back section. That qualifies her education for the tax credit. She did not need to complete the term and/or earn credits.
What the 5 months controls is whether you can claim her as a dependent, under the qualifying child rules or have to use the tougher qualifying relative rules.
There are two types of dependents, "Qualifying Children"(QC) and Other ("Qualifying Relative" in IRS parlance even though they don't have to actually be related). There is no income limit for a QC but there is an age limit, student status, a relationship test and residence test.
A child of a taxpayer can still be a “Qualifying Child” (QC) dependent, regardless of his/her income, if:
He is under age 19, or under 24 if a full time student for at least 5 months of the year, or is totally & permanently disabled
He did not provide more than 1/2 his own support. Scholarships are excluded from the support calculation
He lived with the parent (including temporary absences such as away at school) for more than half the year
See full dependent rules at: https://turbotax.intuit.com/tax-tools/tax-tips/Family/Rules-for-Claiming-a-Dependent-on-Your-Tax-Return/INF12139.html
April 11, 2025
5:07 PM
You can use any method that would allow the expense to match the office. A simple one would be if you had 10 windows replaced and you paid $5,000 AFTER insurance paid, and you have 1 window in the of...
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You can use any method that would allow the expense to match the office. A simple one would be if you had 10 windows replaced and you paid $5,000 AFTER insurance paid, and you have 1 window in the office, you could deduct $500 for the home office window.
April 11, 2025
5:07 PM
Is this on a 1040 (such as Schedule C)? If so, is there any other income on the 1040? Are you SURE this is a business? Many years of having a loss MIGHT put the determination of a "business" i...
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Is this on a 1040 (such as Schedule C)? If so, is there any other income on the 1040? Are you SURE this is a business? Many years of having a loss MIGHT put the determination of a "business" in doubt.
April 11, 2025
5:07 PM
I'm trying to select one of the other options and also update the values on the row. The rounding option works fine but the values are too high as the form isn't working properly and allowing other ...
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I'm trying to select one of the other options and also update the values on the row. The rounding option works fine but the values are too high as the form isn't working properly and allowing other value modifications. It isn't allowing any updates and when clicking on the other choices in the first box/section of the form. Clicking other options takes me to other unrelated forms.
April 11, 2025
5:07 PM
I get the message "Hmm... it looks like we’ve hit a slight snag" every time I try to pay the State e-filing fee by credit card. I select "Pay by Credit Card", and expect it to come back and ask for m...
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I get the message "Hmm... it looks like we’ve hit a slight snag" every time I try to pay the State e-filing fee by credit card. I select "Pay by Credit Card", and expect it to come back and ask for my credit card number. Instead, the above generic error message. I have tried all the usual, i.e., closing and reopening TurboTax (2024 Premiere, CD/Download version), rebooting my computer, clearing the cache, etc. Have been trying to file for 3 days now. Can anyone help me?
April 11, 2025
5:06 PM
1 Cheer
It depends. If you are renting part of your home, then expenses do have to be prorated between Sch E and Sch A.
First, in the general property information, you must have marked "I rent out par...
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It depends. If you are renting part of your home, then expenses do have to be prorated between Sch E and Sch A.
First, in the general property information, you must have marked "I rent out part of my home".
Second, select a method, enter percentages and numbers. There are two options, either way you must know the percentage for the rented portion. For my example, I will use 25% rental.
You do the math: Enter your %, example 75% of the mortgage interest and property taxes under federal deductions and credits for Sch A. Enter the other 25% on sch E for the rental.
Let the program do the math: Select that you rent part of your home, enter the percentage and select for the program to do the math. The program will put the correct 25% amounts on Sch E and pull the rest to Sch A.
You absolutely want to be viewing your forms as you prepare the return. To print or view your forms, including all worksheets:
In desktop, switch to Forms Mode.
For online:
On the left side, select Tax Tools
Select Print center
Select Print, save or preview this year's return
If you have not paid, select pay now.
April 11, 2025
5:06 PM
Would Wife be able to file married separately and claim spousal abandonment so Husband's income does not make Wife payback PTC?
April 11, 2025
5:05 PM
The needs review message won't prevent e-file. @kk19
April 11, 2025
5:05 PM
Here’s the situation:
• I closed the S-Corp in April 2023 (marked as “disposed, not sold” in TurboTax).
• On Form 7203 from 2022, I had a carryover basis loss of $983.
• In 2023, I had an actual lo...
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Here’s the situation:
• I closed the S-Corp in April 2023 (marked as “disposed, not sold” in TurboTax).
• On Form 7203 from 2022, I had a carryover basis loss of $983.
• In 2023, I had an actual loss of $1,235, which TurboTax correctly applied.
• However, TurboTax is not applying the $983 carryover loss. It’s showing it as a carryover to next year — even though the business is now closed and this is the final year.
• From my understanding, TurboTax should combine both the 2022 carryover and 2023 actual loss and allow me to deduct the full amount this year, as there won’t be a future opportunity to use the carryover.
I’ve gone through the steps to mark the S-Corp as disposed. I’ve also entered the basis info on Form 7203. Still, the carryover remains.
Question:
👉 How do I tell TurboTax to apply the carryover loss this year since the S-Corp has been disposed and will no longer exist?
Any guidance or steps would be much appreciated. I want to ensure I’m not losing that $983 deduction just because of a software limitation.
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April 11, 2025
5:04 PM
why did turbotax not upload information from last year's return?
April 11, 2025
5:04 PM
File a PA tax return. Any withholding in excess of the tax you owe will be refunded to you. Are you a resident of PA or another state and have you prepared a federal return yet?
Enter yo...
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File a PA tax return. Any withholding in excess of the tax you owe will be refunded to you. Are you a resident of PA or another state and have you prepared a federal return yet?
Enter you w-2, including the withholding on your federal tax return, and TurboTax will automatically transfer that to your PA state return. After you finish the federal return, go through the PA state interview. If you owe no tax to PA, the full amount will be refunded.
April 11, 2025
5:04 PM
Hi my 2024 returns have been rejected twice. Its because my mom is my dependent, but on her federal return, she forgot to check the box she can be claimed on someone elses return. When I efiled my re...
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Hi my 2024 returns have been rejected twice. Its because my mom is my dependent, but on her federal return, she forgot to check the box she can be claimed on someone elses return. When I efiled my returns, they were rejected. (She already efiled an amended return correcting on her end). Whats the best way to correct my situation considering filing deadline is next tuesday? Also, since the returns were rejected, will de direct debits that I authorized be cancelled in turbontax? thanks
April 11, 2025
5:03 PM
Sorry, @MaryK4 but your answer is incorrect. Federal Filing Status and allocation (or not) of income are both determined by marital status on December 31, 2024. Perhaps you did not correctly read ...
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Sorry, @MaryK4 but your answer is incorrect. Federal Filing Status and allocation (or not) of income are both determined by marital status on December 31, 2024. Perhaps you did not correctly read the question. The OP clearly stated they were divorced IN 2024. The correct answer from a different employee tax expert is in a different post: Re: I was divorced in 2024 in a community prprty state I need to claim half my exs income and he ... (note that in this case, the OP later clarified that allocation was required by their decree).
April 11, 2025
5:03 PM
Hi @RobertB4444 Another post that just came in to this thread contradicts this. When I claim the 2024 179 Bonus Depreciation, can I also claim Actual expenses for the car (such as Gas, Tires, Parking...
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Hi @RobertB4444 Another post that just came in to this thread contradicts this. When I claim the 2024 179 Bonus Depreciation, can I also claim Actual expenses for the car (such as Gas, Tires, Parking, etc) for 2024 as well or would that not be eligible until 2025 (and therefore I claim zero actual expenses in 2024)? Therefore I would be claiming BOTH the 179 Bonus + Actual Expense in the year I acquired the vehicle.
April 11, 2025
5:03 PM
No. If you sold items, they are subtracted from your end of year inventory. If you are a small business, you can choose not to keep an inventory and instead list your purchases as supplies and y...
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No. If you sold items, they are subtracted from your end of year inventory. If you are a small business, you can choose not to keep an inventory and instead list your purchases as supplies and your sales as sales.
April 11, 2025
5:01 PM
Thank you for the quick reply. I received the 1099-K from eBay related to sports trading cards I sold from my personal collection. There were a couple hundred sales so I was hoping to avoid entering ...
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Thank you for the quick reply. I received the 1099-K from eBay related to sports trading cards I sold from my personal collection. There were a couple hundred sales so I was hoping to avoid entering them one at a time. Any advice is appreciated.