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DawnC · ‎April 15, 2025

TurboTax is do it yourself software. You have to enter your documents into TurboTax. The TurboTax Community has experts working until midnight. We can only answer your tax questions, so you may...

TurboTax is do it yourself software. You have to enter your documents into TurboTax. The TurboTax Community has experts working until midnight. We can only answer your tax questions, so you may want to file an extension. You can file your extension at our Easy Extension website. How do I file an IRS tax extension? How do I file an extension for my personal state taxes?

DavidD66 · ‎April 15, 2025

You just need to mail the amended return and a check (if you're paying by check). Be sure to sign your tax returns, or they will return them to you. You don't have to "prove" anything to the IRS. ...

You just need to mail the amended return and a check (if you're paying by check). Be sure to sign your tax returns, or they will return them to you. You don't have to "prove" anything to the IRS. You don't get a Form 1099-R for contributing to an IRA, that's what you get when you take a distribution from an IRA. You will get a Form 5498 that shows your contribution and balance in your IRA, but you rarely need those to complete your tax returns (they aren't sent out until after the filing deadline).

matto1 · ‎April 15, 2025

My issue is that my payment of taxes was front loaded due to when I received an annual bonus, and I see no way to show when I paid taxes. I can do that for federal, but I don't see any option to do i...

My issue is that my payment of taxes was front loaded due to when I received an annual bonus, and I see no way to show when I paid taxes. I can do that for federal, but I don't see any option to do it for state. I want to be able to apply the state taxes according to when they were paid. Is there a way to do that?

dheyrend · ‎April 15, 2025

If I bought furniture for a rental in 2023, but didn't start renting the property until 2024, can I depreciate the furniture in 2024?

LindaS5247 · ‎April 15, 2025

The TurboTax step-by-step will guide you through the underpayment penalty section. You can use the TurboTax W-4 Withholding Calculator to help you find the right withholding when completing a n...

The TurboTax step-by-step will guide you through the underpayment penalty section. You can use the TurboTax W-4 Withholding Calculator to help you find the right withholding when completing a new W-4. You can use this info to boost your refund or increase your take-home pay.) The IRS will not charge you an underpayment penalty if the following is met: You pay at least 90% of the tax you owe for the current year, or 100% of the tax you owe for the previous tax year, or You owe less than $1,000 in tax after subtracting withholdings and credits For high-income taxpayers, the rule is slightly different. If the Adjusted Gross Income on your previous year’s return is over $150,000 (over $75,000 if you are married filing separately), you must pay the lower of 90% of the tax shown on the current year’s return or 110% of the tax shown on the return for the previous year. Your state will also have their own estimated tax payment rules that may differ from the federal rules. Click here for Estimated Taxes: How to Determine What to Pay and When Click here for Underpayment of estimated tax by individuals penalty

fastesthorse · ‎April 15, 2025

I was married to my spouse in 2023 in Nepal. She lives and goes to school there at the moment and hasn't been to US yet. I had filed for her I-130 and it's ongoing and might take few years to approve...

I was married to my spouse in 2023 in Nepal. She lives and goes to school there at the moment and hasn't been to US yet. I had filed for her I-130 and it's ongoing and might take few years to approve. When it came time to file taxes, I decided to do Married Filing Jointly (MFJ), so I applied for her ITIN with W-7 form + 2023 federal return + certified copy of her passport > mailed it to IRS. I had made the statement/election to treat my nonresident alien spouse as a US resident during the filing. I got the ITIN now. The federal filing was done while I filed W-7, right? And now I need to take care of state return, right? During state filing, I got this question and I'm not sure what to select: Nonresidents who meet the required criteria and wish to establish an irrebuttable presumption of non-Ohio residency for the tax year instead of filing Form IT NRS. Does the Taxpayer want to make this election? Taxpayer: Yes or No Spouse: Yes or No I guess the answer should be: Taxpayer: No (Because I live in Ohio) Spouse: Yes (Because she lives in Nepal) The only reason why I'm asking this question is because I'm confused if I should be selecting "Resident" for my spouse too because I had made that election to treat her as "US Resident" during W-7 filing. But I guess "US Resident" doesn't make her a "State Resident"? Is that right? After this, all I need to do is print this and mail it to Ohio Department of Taxation? Is this the right way to do taxes after getting ITIN for your spouse after W-7 approval? Am I missing anything? Thank you!

DaveF1006 · ‎April 15, 2025

Mention that the wife is using the Standard Deduction and that should clear up any doubt.

Vanessa A · ‎April 15, 2025

Click here to file an extension. Remember an extension is just for extra time to file, not extra time to pay. If you are going to owe anything, you will still need to pay by April 15th. You...

Click here to file an extension. Remember an extension is just for extra time to file, not extra time to pay. If you are going to owe anything, you will still need to pay by April 15th. You can pay directly via the IRS website which is the recommended way or you can pay by check. Be sure to include your SSN on your check and the tax year

DanaB27 · ‎April 15, 2025

No, you should not have Form 8606 for a conversion from a 403(b). @lvkale

oliviampeltier · ‎April 15, 2025

ThomasM125 · ‎April 15, 2025

I believe you mean your minimum required distribution (MRD) is short by $2. Since the penalty for missing your RMD is based on the amount you are short, the penalty would be likely be minimal, $1 or ...

I believe you mean your minimum required distribution (MRD) is short by $2. Since the penalty for missing your RMD is based on the amount you are short, the penalty would be likely be minimal, $1 or less.

JamesG1 · ‎April 15, 2025

What does "EMP NUM" mean? This likely means "employee number". You may be able to import the W-2 from your employer, but you generally need information from the form to access the W-2 imp...

What does "EMP NUM" mean? This likely means "employee number". You may be able to import the W-2 from your employer, but you generally need information from the form to access the W-2 import. You may have to contact your employer for a copy.

LenaH · ‎April 15, 2025

It depends on your income on whether or not you qualify. The Maine standard deduction amounts for 2024 are phased out for single taxpayers with Maine income over $97,150.

rwwatson56 · ‎April 15, 2025

Honu-s-forever · ‎April 15, 2025

am I supposed to enter the total 1098 mortgage interest for rental property expense or do I divide the rental property expense between rental and personal use for a second home? It asks for my 1098 i...

am I supposed to enter the total 1098 mortgage interest for rental property expense or do I divide the rental property expense between rental and personal use for a second home? It asks for my 1098 in both the rental section of income and again in the Deduction section for a second home. I cannot figure out if TurboTax is doing the calculation for me appropriately or if I have to manually calculate percent use for personal reasons? Thank you for your time

helmet123 · ‎April 15, 2025

This is my first time filing taxes and I have two 1099 NECS that I have to file for, they were contracting jobs. I made less than 14,000 and am a dependent, so I feel like my taxes are unexpectedly h...

This is my first time filing taxes and I have two 1099 NECS that I have to file for, they were contracting jobs. I made less than 14,000 and am a dependent, so I feel like my taxes are unexpectedly high. I also had some taxes withheld from W2 but it doesn't show any deductions on the turbotax app. I'm wondering if there's anything I'm missing or if there's any other way to get deductions on my taxes.

anthonyseymour · ‎April 15, 2025

I worked in CT and am a MA resident. I received 2 W2’s with Box 16 wages the same but only had CT state income tax amount and MA state income tax blank. On W2 screen in TurboTax, I reported both w2...

I worked in CT and am a MA resident. I received 2 W2’s with Box 16 wages the same but only had CT state income tax amount and MA state income tax blank. On W2 screen in TurboTax, I reported both w2 - one with CT and other with MA. Should I be deleting the MA entry in TT so it only shows CT wages and CT state tax amount? Or do I leave both and not e-file MA return?

SabrinaD2 · ‎April 15, 2025

Vehicle and mileage can be added and expenses used for the business portion of your vehicle. You must know the total miles and the business miles for your vehicle regardless of the method you choose...

Vehicle and mileage can be added and expenses used for the business portion of your vehicle. You must know the total miles and the business miles for your vehicle regardless of the method you choose. Sign into your TurboTax Online/Mobile account: Select Tax Home (left panel) > Select Income and Expenses > Select Review beside self employment Edit beside your business > Add expenses for this work > Scroll to Vehicle Expense and select it Continue to enter information about your vehicle. Note: For vehicles used in your business you can either take mileage or actual expenses. TurboTax will calculate the most beneficial for you. If you do not use the standard mileage rate (SMR) the first year a vehicle is placed in service for business you can never use it for that vehicle. If you choose to take mileage, depreciation is taken into consideration in the mileage rate. If you choose to take actual expenses, TurboTax will automatically calculate the deduction and include it with the other vehicle expenses. You will have the opportunity to enter the expenses (gas, tires, etc.) and TurboTax will add these along with the depreciation and give you a comparison. Original Post

Vanessa A · ‎April 15, 2025

No. You cannot enter start up expenses until you actually start up the business and are operating. You cannot take any deductions until then. When you do start up, then you will be able to enter y...

No. You cannot enter start up expenses until you actually start up the business and are operating. You cannot take any deductions until then. When you do start up, then you will be able to enter your expenses as start up costs.

MonikaK1 · ‎April 15, 2025

Yes, check the box to indicate that the amount you are entering is different than what is on your 1098. Generally, the person paying the expense gets to take the deduction. In your situation, each of...

Yes, check the box to indicate that the amount you are entering is different than what is on your 1098. Generally, the person paying the expense gets to take the deduction. In your situation, each of you can only claim the interest that you actually paid. As indicated by TurboTax, only enter the amounts that you are liable for. If everything is split evenly, only report half the mortgage interest, outstanding mortgage principal, mortgage insurance premiums, and property taxes. See this IRS FAQ for more information.

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