All Posts
April 16, 2025
6:38 AM
Are you stuck somewhere? We cannot see your screen or your tax return so we do not know what all you have done or still need to do in order to complete your return.
April 16, 2025
6:37 AM
First of all, you would had needed to amend through SprintTax, because they handle all non-resident returns, including amended ones. Did you amend through them?
Secondly, if you did amend throu...
See more...
First of all, you would had needed to amend through SprintTax, because they handle all non-resident returns, including amended ones. Did you amend through them?
Secondly, if you did amend through SprintTax, they know that there is a tax treaty with Indonesia. TurboTax does not have the ability to prepare 1040 NR or amended ones.
I'd suggest contacting SprintTax here to see if you prepared the amendments correctly. If you have already had your returns preapred by SprintTax, rest assured these were done correctly.
April 16, 2025
6:33 AM
Since you took possession of the business in 2025, you will report the purchase on your 2025 tax return. All assets would have an in-service date of 1/1/25.
Even though you paid for the busines...
See more...
Since you took possession of the business in 2025, you will report the purchase on your 2025 tax return. All assets would have an in-service date of 1/1/25.
Even though you paid for the business in 2024, you didn't "open for business" until the next year.
April 16, 2025
6:33 AM
If you used TurboTax Online you can use the link below to enter your capital loss carryover. This can be done on an amended return.
How do I enter my capital loss carryover?
How do I amend my...
See more...
If you used TurboTax Online you can use the link below to enter your capital loss carryover. This can be done on an amended return.
How do I enter my capital loss carryover?
How do I amend my federal tax return for this year?
@kent-deary
April 16, 2025
6:33 AM
I'm a college student filing taxes on my own this year but I was on my parents health insurance in 2024
Topics:
April 16, 2025
6:32 AM
The state involved in WY.
April 16, 2025
6:32 AM
That's kind of complicated and not really a tax question.
From the non-profit's point of view, there might be certain risks to using volunteers rather than paid employees. It depends on the ...
See more...
That's kind of complicated and not really a tax question.
From the non-profit's point of view, there might be certain risks to using volunteers rather than paid employees. It depends on the nature of the work, the risks, and so on. For example, if they need office help at specific times, they might rather have a paid employee than a volunteer who is under no legal obligation to show up. Or there might be insurance concerns. On the other hand, there might be benefits to using volunteers. It will be cheaper for the organization to get a $5000 donation from you than you pay you $10,000 and have you donate $15,000, because the organization has to pay employment taxes on your wages even if you return the net amount to them.
For your income tax purposes, being a paid employee might have certain benefits, like entitling you to family leave under state law, or unemployment compensation and worker's comp. Being a paid employee also gets you credits in the social security system which might be a long-term benefit for retirement or disability. But of course, you pay those taxes.
As a donor, you can't deduct a donation from which you personally benefit. Whether you decide to volunteer and donate less, or be an employee and donate back your salary, it is important that the decisions about how to spend those resources are made by other people -- the manager, board of directors, or whatever. If you were going to be the manager, and you would be in a position to decide how to spend your own donations, that puts you and the charity at increased risk, especially if you spend the money in a way that directly or indirectly benefits you (such as buying supplies from a family owned business).
If you don't donate enough overall to itemize your deductions, there is very little difference between the two arrangements financially, other than the social security and medicare tax.
April 16, 2025
6:31 AM
Unfortunately, we aren't able to process refunds on this platform. Please contact TurboTax Phone Support for assistance.
@dellen161
April 16, 2025
6:31 AM
I do not have an expert. @PatriciaV can you be my expert?
April 16, 2025
6:30 AM
No. The interest is treated the same whether it is reported on the 1098 or not. Amending would not make a change in your return. In general, you should not amend your return until your return h...
See more...
No. The interest is treated the same whether it is reported on the 1098 or not. Amending would not make a change in your return. In general, you should not amend your return until your return has been processed, so if the IRS is looking for the 1098, they would contact you or send you a letter of correction and you would simply respond to that.
April 16, 2025
6:30 AM
@Melgriffith Please explain-----did you use the current online program and enter 2023 income instead of your 2024 income? Were you trying to prepare a 2023 return? Did you e-file? Was the e-file...
See more...
@Melgriffith Please explain-----did you use the current online program and enter 2023 income instead of your 2024 income? Were you trying to prepare a 2023 return? Did you e-file? Was the e-file accepted or rejected?
April 16, 2025
6:30 AM
From your 2023 schedule A Itemized Deductions line 5c.
April 16, 2025
6:30 AM
Have you tried all the recent options presented in this thread? Deleting, entering zero, switching entries, etc.?
If so, and you are still seeing the form error, please follow the instructions post...
See more...
Have you tried all the recent options presented in this thread? Deleting, entering zero, switching entries, etc.?
If so, and you are still seeing the form error, please follow the instructions posted previously for obtaining and posting a token for your return.
@snowtwins67
April 16, 2025
6:29 AM
The following questions must be answered correctly so that your incentive is not recognized as self employment.
Open your TurboTax Online or TurboTax Desktop tax return
Search (upper righ...
See more...
The following questions must be answered correctly so that your incentive is not recognized as self employment.
Open your TurboTax Online or TurboTax Desktop tax return
Search (upper right) > type 1099misc > click the Jump to... link
Begin your entry of the 1099-MISC.
Be sure to select No this did NOT involve work and No it did not involve an intent to earn money
Continue to complete this section.
April 16, 2025
6:28 AM
I made a payment to the IRS for anticipated taxes and filed an extension for personal taxes at 9 pm my time yesterday (4/15/25). I received an email at 1 am from turbotax after I filed my extensions b...
See more...
I made a payment to the IRS for anticipated taxes and filed an extension for personal taxes at 9 pm my time yesterday (4/15/25). I received an email at 1 am from turbotax after I filed my extensions but I was asleep:
R0000-902-01 - Taxpayer TIN in the Return Header must not be the same as a TIN of a previously accepted electronic return for the return type and tax period indicated in the tax return.
In most cases, you just need to submit a new extension application before the filing deadline.
I don't know why the TIN is wrong or what to do to fix it. I had filed my business taxes prior under the same turbotax account, is that why?
Does this mean I will be penalized for not filing the extension.
April 16, 2025
6:28 AM
I am having trouble telling everything out
Topics:
April 16, 2025
6:26 AM
Which state? You generally get an exemption number by applying for one through your state. You can also generally select that you are not exempt, but then you would have a penalty in some states ...
See more...
Which state? You generally get an exemption number by applying for one through your state. You can also generally select that you are not exempt, but then you would have a penalty in some states for no coverage.
April 16, 2025
6:26 AM
Thanks!
April 16, 2025
6:26 AM
unnecessary post