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I've itemized deductions on the Federal return.  My total medication expenses don't exceed the 7% income threshold for inclusion at the federal level.  But they do exceed the 4% of income threshold... See more...
I've itemized deductions on the Federal return.  My total medication expenses don't exceed the 7% income threshold for inclusion at the federal level.  But they do exceed the 4% of income threshold on the CA State return.  Following instructions in the CA State wizard, I went back to Federal medical expenses entry and added numbers. But the CA state return doesn't show any change.  I already tried deleting my CA State return and doing it again.  I don't seem to be able to access and edit any forms directly from the TurboTax UI; only to delete forms.  Since there's no interface on the CA State return around medical expenses deduction, I'm out of ideas about how to trouble-shoot this.  I think this is worth a few thousand dollars for me...yikes! I appreciate any help
Not stupid!  I never thought to check that, but I just did.   It is my son's SS number. 
everyone has asked already how you enter amazon vine income in turbo tax.  It was easy.  I just jumped to the 1099 NEC form and filled in the amount you may correct me if i was wrong.  Now, I have an... See more...
everyone has asked already how you enter amazon vine income in turbo tax.  It was easy.  I just jumped to the 1099 NEC form and filled in the amount you may correct me if i was wrong.  Now, I have another question.  Let's say I review items like shipping supplies that I use for my business.  In my business i can write off shipping supplies as an expense.  if so, how and where do i do this.  Lets say 500.00 from amazon vine amount was for shipping supplies. thank you
No, if she claims herself, you cannot also claim her as a dependent.     If you should be claiming her as a dependent, she'll need to amend her return.   You may be able to claim her as an "o... See more...
No, if she claims herself, you cannot also claim her as a dependent.     If you should be claiming her as a dependent, she'll need to amend her return.   You may be able to claim her as an "other dependent", assuming she has met all the tests, from:  Rules for Claiming Dependents on Taxes:   Do they live with you? Your relative must live with you all year as a member of your household or be on the list of “relatives who do not live with you” in Publication 501. About 30 types of relatives are on this list, including parent, so you have met this test. Do they make less than $5,050 in 2024 ($5,200 for 2025)? Your relative can't have a gross income of more than $5,050 in 2024 and be claimed by you as a dependent. This threshold increases to $5,200 for 2025. Certain income is excluded from this requirement such as all or part of Social Security benefits. Do you financially support them? You must provide more than half of your relative's total support for the year. Also, she will not qualify for the child tax credit, but she may qualify for the $500 credit for other dependents, if she is a dependent.
You must go back to the Personal Info section and change it there.
Please see How do I get started with TurboTax Desktop for instructions to download the software.  Also, make sure your platform meets the minimum system requirements for your TurboTax Desktop softwar... See more...
Please see How do I get started with TurboTax Desktop for instructions to download the software.  Also, make sure your platform meets the minimum system requirements for your TurboTax Desktop software.   If you still want to have a CD, please see this link to purchase a TurboTax Desktop CD after you have downloaded the product. 
California calculates the underpayment penalty on the unpaid amount from one of these (whichever is earlier:(   The due date of the estimated tax installment to the date they receive your pay... See more...
California calculates the underpayment penalty on the unpaid amount from one of these (whichever is earlier:(   The due date of the estimated tax installment to the date they receive your payment The due date of the tax return Visit Individuals due dates for the due dates.   The number of days late is first determined, then multiplied by the effective interest rate for the installment period. Visit interest rates for more information.   To avoid this in the future, increase your withholdings or make quarterly estimate payments.    In the future, if you see an underpayment penalty on your state return, go to the Underpayment Penalty section in the California interview (it may only appear if TurboTax calculates a penalty). There, you can answer the questions to determine if there is a basis to reduce or eliminate the penalty.   Because various items of income and deductions are treated differently by the IRS and the states, you can input changes for your state estimated taxes in the state section of TurboTax.    The California section, Estimated Taxes for Next Year under Other Forms, provides entry screens with information about your 2024 Federal and California income, and an entry field for 2025 estimated income, as well as entry fields to estimate deductions and credits, including California credits such as the Renter's Credit. It also provides a radio button for you to indicate whether you expect to have itemized or standard deductions. Many California taxpayers are able to itemize on their state return even though they couldn't on their Federal return.   @cbsbug 
Appreciate your quick response. It's a Convertible Note or loan, not equity. Should I still select Stock as investment type?
That reply is a scam. Don't ever click on any link or contact any email in relation to crypto. Lost crypto funds are IMPOSSIBLE to recover. Crypto can be sent from wallets, but never taken. No one ca... See more...
That reply is a scam. Don't ever click on any link or contact any email in relation to crypto. Lost crypto funds are IMPOSSIBLE to recover. Crypto can be sent from wallets, but never taken. No one can recover it if it is lost. If you sent someone crypto or gave someone access to your crypto wallet, those funds are gone forever. Anyone who tells you differently is scamming you.
My LLC has its own EIN, so I should be able to amend this return on its own. I have filed everything including my personal. I can get back to the print center on the personal, but there is no option... See more...
My LLC has its own EIN, so I should be able to amend this return on its own. I have filed everything including my personal. I can get back to the print center on the personal, but there is no option or work around that I can see for my business LLC return. I really want to print the depreciation schedule, but I don't see any way to get back to the print center. Everything online says to go to amend or add state, I don't have either option. I have called turbor tax twice and they are no help. They act like I am lying to them. I can't be the only one to have had this issue. Anyone have the same issues? Any other soultions?
Box 7 Distribution Code is red. What do I need to do to clear it. I can not move from the page.
Turbotax even says this on their website, but they have a broken tool when this occurs... Wtf https://turbotax.intuit.com/tax-tips/military/filing-irs-form-1116-to-claim-the-foreign-tax-credit/L... See more...
Turbotax even says this on their website, but they have a broken tool when this occurs... Wtf https://turbotax.intuit.com/tax-tips/military/filing-irs-form-1116-to-claim-the-foreign-tax-credit/L2ODfqp89
How can I change incorrect social security number on the the turbo tax form?
Yes, you will have to complete your state tax return in order to receive a refund.  Otherwise, the state will keep that money.
I'm having the same problem but your answer has confused me even more. How can you get those numbers before TT generates the state return?
What if I do not have the information needed to fill out the SS-8? I have not worked at that job for over 6 months. I have never heard of this form. 
Hi, Sir,      It is my first time to have an underpayment penalty. I want to get it back via sending a form 843. I just noticed that the generated 2025 Form 1040-ES Payment Voucher uses this addr... See more...
Hi, Sir,      It is my first time to have an underpayment penalty. I want to get it back via sending a form 843. I just noticed that the generated 2025 Form 1040-ES Payment Voucher uses this address 'INTERNAL REVENUE SERVICE PO BOX 1300 CHARLOTTE NC 28201-1300. BTW, My spouse lived in Arizona while I worked in Massachusetts. . Can I send the form to this address?