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It is the California underpayment penalty tax form.  If you want to annualize your income, you can complete the form by entering your income and deductions by qtr in Part lll of the form.   Use the P... See more...
It is the California underpayment penalty tax form.  If you want to annualize your income, you can complete the form by entering your income and deductions by qtr in Part lll of the form.   Use the Part lll schedule ONLY if you earned taxable income at an UNEVEN RATE during 2024.     If more of your income was earned later in the year, annualizing your income could reduce or eliminate the penalty for underpayment of estimated taxes.  5805 Instructions (html)  2024  Instructions for 5805 Form, Underpayment of Estimated Tax by Individuals and Fiduciaries
Yes, you have the self-employment income.  See my post above to delete the 1099-NEC entry and enter it as Miscellaneous income.  @Kiki15
I followed this advice, and it didn't work at first - but then I restarted TurboTax and it installed an update.  Then it worked.  I hope this patch helps others in Hawaii as well.
Hola, recibí hoy el aviso CP5071 después de 25 días de enviar mis impuestos electrónicamente con turbo-t . El IRS me pidió verificar mi identidad y seguí los pasos con éxito, todo bien hasta ahi, un ... See more...
Hola, recibí hoy el aviso CP5071 después de 25 días de enviar mis impuestos electrónicamente con turbo-t . El IRS me pidió verificar mi identidad y seguí los pasos con éxito, todo bien hasta ahi, un momento después me sale un aviso diciendo que alguien ya había hecho mis impuestos de manera fraudulenta, con mi información y que ellos no harían el reembolso hasta recibir mis impuestos por correo postal, el problema con eso es que no tengo idea de como hacer para enviar los impuestos por correo postal, no se si solo debo imprimir los documentos desde turbo tax o si debo hacer otros impuestos y volver a pagar, no lo se y necesito que alguien me ayude con esta duda por favor, debo enviar los documentos antes del 15 solo me quedan 3 dias. También necesito saber si hay que enviar documentos adicionales cuando se presenta por correo (como recibos, talones etc) por favor apreciare cualquier ayuda, desde ya muchas gracias!
You do not have to claim it- just enter the 1099-R to report the income, then answer the questions about the RMD.  
I can't edit some entries in the Home & Biz 2024 Schedule C worksheet (downloaded version). The fields involved are highlighted in red/blue below. The "Smart Check" review kept stopping on this works... See more...
I can't edit some entries in the Home & Biz 2024 Schedule C worksheet (downloaded version). The fields involved are highlighted in red/blue below. The "Smart Check" review kept stopping on this worksheet indicating there was an error. These fields were originally empty and highlighted in red. I entered the "--" and zeroes in an attempt to try and clear this error, but that just made it worse, as now I can't change or delete anything in these fields. All "Edit" options in the top menu are grayed out and/or appear to be non-functional. The issue is the same in both Step-by-Step & Forms view:   I apparently have Smart Check errors on other forms, but I can't see what those are without correcting this worksheet first. I'm no stranger to Turbotax, but I've never run into this before. Is there a workaround? I would prefer not having to delete the form and start over...
CA Turbotax Premier is defaulting to standard deductions even though my Fed Turbotax has itemized deductions. How do I change the CA Turbotax to match my Fed itemized deductions
It is for North Carolina.  I guess I'm not understanding what the form is for.  I had a new HVAC system installed and the company gave me the above form.  If it a capital improvement, is there anothe... See more...
It is for North Carolina.  I guess I'm not understanding what the form is for.  I had a new HVAC system installed and the company gave me the above form.  If it a capital improvement, is there another form I should complete to receive a tax credit for the improvement?
Employee job related expenses are not deductible on your return.  Even if you are paid per diem, you cannot enter the job related expenses. 
Or---try going to the NY tax site to see if you can get the forms from the state to prepare by hand.  You will need information from your federal return so make sure you have a copy of your 1040 hand... See more...
Or---try going to the NY tax site to see if you can get the forms from the state to prepare by hand.  You will need information from your federal return so make sure you have a copy of your 1040 handy.   https://ttlc.intuit.com/turbotax-support/en-us/help-article/state-taxes/contact-state-department-revenue/L9qVToi02_US_en_US?uid=m6e06um0  
I imagine so.  Personally, I try to bunch up charitable donations into a single taxable year (eg: donate to annual causes in January and December) and go light the next year, so I can do one year wit... See more...
I imagine so.  Personally, I try to bunch up charitable donations into a single taxable year (eg: donate to annual causes in January and December) and go light the next year, so I can do one year with higher itemized deductions and the next year with a standard deduction.    
Does anyone know if Turbotax Business 2024 support electronic filing for an amended 1065x?  I have amended the return and attempted to efile but I keep getting there is nothing to file.  I know my st... See more...
Does anyone know if Turbotax Business 2024 support electronic filing for an amended 1065x?  I have amended the return and attempted to efile but I keep getting there is nothing to file.  I know my state is not supported but I thought Turbotax Business supports it at the federal level.  Thanks.
Do you have other income that did not have taxes withheld?   If not, go back and double check your entries for the state on your W2.  PA has a flat tax rate of 3.07% so you can also double check ... See more...
Do you have other income that did not have taxes withheld?   If not, go back and double check your entries for the state on your W2.  PA has a flat tax rate of 3.07% so you can also double check the math on the W2 if there are no entry errors. 
put it in as a 1099-MISC but you will get a key question whether it was an "intent to earn money" - say No to that and it won't generate Schedule C (this is passive income not 'earned' like a busines... See more...
put it in as a 1099-MISC but you will get a key question whether it was an "intent to earn money" - say No to that and it won't generate Schedule C (this is passive income not 'earned' like a business).  It should then end up on Schedule 1 line 8z and then Form 1040 Line 8.
Sorry--you cannot use TurboTax to prepare just a state return.  Information flows from the federal return to the state return.  In order to use TT you would have to purchase the desktop download soft... See more...
Sorry--you cannot use TurboTax to prepare just a state return.  Information flows from the federal return to the state return.  In order to use TT you would have to purchase the desktop download software to use on a full PC or Mac, re-create an exact  duplicate of the federal return and then do the NY return to mail in.  Do-able---but tedious and painful. https://turbotax.intuit.com/personal-taxes/past-years-products/       A 2022 return cannot be e-filed; it has to be filed by mail.   Do you have a copy of the rejected NHY return that you can mail in to NY?  
More specifically, look for "other common business expenses" / "insurance payments".  It is a bit buried, and doesn't show up in the summary total for "other common business expenses".
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