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April 14, 2025
9:50 PM
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April 14, 2025
9:49 PM
April 14, 2025
9:49 PM
I files my federal return but never saw where i could add the referral link from my friend
April 14, 2025
9:47 PM
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April 14, 2025
9:47 PM
I can't find a way to list a second HSA if I didn't receive a 1099-SA. I can't even find a way to pretend that I made additional post-payroll contributions to the first HSA rather than the second HSA....
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I can't find a way to list a second HSA if I didn't receive a 1099-SA. I can't even find a way to pretend that I made additional post-payroll contributions to the first HSA rather than the second HSA. I want to get the tax break from this contribution but there's nowhere to enter it.
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April 14, 2025
9:47 PM
There is nothing special to do. HOWEVER Due to TurboTax issues. to avoid wrongful penalty, for each1099-R, tell TurboTax that the distributed amount is the calculated required amount.
April 14, 2025
9:45 PM
Turbo Tax didn't let me add these 2 pensions after I did the Social Security pensions. How do I fix this?
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April 14, 2025
9:44 PM
Help! I have been filing our joint tax return for the past several years using TurboTax under one log in/email. I have always been listed as "Spouse" and my spouse as "Primary Taxpayer". This y...
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Help! I have been filing our joint tax return for the past several years using TurboTax under one log in/email. I have always been listed as "Spouse" and my spouse as "Primary Taxpayer". This year I inadvertently used the wrong email to log in and start working on the return. (I entered my alternative email address to log in). I am listed as "Primary Taxpayer" and my spouse is listed as "Spouse". Is this going to cause a problem? (I figured this all out because Now, I am almost finished now and gotten to the point of verification. It told me it didn't have record of us filing last year & wants AGI. ) Do I need to go back in and redo everything on the log in I"ve used for years?
April 14, 2025
9:44 PM
I bought a new rental property in December 2024. I did not rent it till April 2025 How do claim expenses incurred in 2024? I have closing costs, mortgage points, new paint carpet utilities travel e...
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I bought a new rental property in December 2024. I did not rent it till April 2025 How do claim expenses incurred in 2024? I have closing costs, mortgage points, new paint carpet utilities travel expenses etc. Do I claim it in 2025 ? I tried declaring a new property but as it had no income TT won't list it. I already have a couple other properties that I rent out and pay taxes on. This property will be taxable 2025 but is only a loss for 2024. Do I put $1 income so it will list?
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April 14, 2025
9:43 PM
All agree it is a confusing notion, but TurboTax refuses to change their ways.
April 14, 2025
9:41 PM
No, IRA funds must be distributed to you by the custodian. @priposo
April 14, 2025
9:41 PM
The above information provided doesn't seem to be accurate. The same link you provided has a questionnaire at the bottom of the page that says answering any question as "Yes" would qualify you as an ...
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The above information provided doesn't seem to be accurate. The same link you provided has a questionnaire at the bottom of the page that says answering any question as "Yes" would qualify you as an independent on the FAFSA application. Well, he answer yes to the very first one about the ager. Also, I have seen references to the verbiage that seems to suggest that FAFSA independency status has nothing to do with IRS dependent qualification.
April 14, 2025
9:40 PM
They are ALL wrong! Here's the problem: Although the Forms view in Turbotax (as well as the actual IRS Form 8936) specifies alphabetic codes to be entered in Line 5 for the Filing Status selected fr...
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They are ALL wrong! Here's the problem: Although the Forms view in Turbotax (as well as the actual IRS Form 8936) specifies alphabetic codes to be entered in Line 5 for the Filing Status selected from the table, Turbotax only allows numeric values in the field for Line 5. For example, if my Filing Status is Married Filing Jointly, the 8936 form specifies that a code of "MFJ" be entered in Line 5. Turbotax, however, has a different set of codes, which are all numeric that it enters in Line 5. These codes can only be seen by clicking on the dropdown list on the box for Line 5, which is only visible for a User working inside the Turbotax program. The value that Turbotax enters for Married Filing Jointly is "2". The problem is that these numeric codes that Turbotax uses have no relation to the alpha codes that the IRS form specifies, and the numeric codes can only be accessed within Turbotax. Any auditor at the IRS looking at the entry for Line 5 would be totally confused as to what this means, since the numeric values do not appear anywhere in the IRS documentation. Although the correct Filing Status could easily be obtained by looking elsewhere on Form 1040, it does not seem to be good practice to make it more difficult for an IRS auditor by expecting him/her to search elsewhere on the tax return to find the correct information, when it seems like a fairly simple fix to change the codes used for each Filing Status to the correct ones. By the way, I actually dealt with this in a separate thread where another Turbotax agent AnnetteB6 said that "As long as the corresponding MAGI limits for the 2023 filing status are applied correctly in the subsequent sections of the form, then there is nothing for Turbotax to fix." I don't find this response satisfactory, since at the least this could create confusion for an IRS auditor, which doesn't seem like a very good idea. Since this is nearly April 15, we could perhaps live with this for this year, but it seems to me that at least correcting this for the next tax year could avoid potential problems later on.
April 14, 2025
9:39 PM
IRS has a formula for "Required Annual Payment" of Estimated Tax plus withholding. Your state has a similar formula. you should find it in the instructions for filing a tax return on the MO tax rev...
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IRS has a formula for "Required Annual Payment" of Estimated Tax plus withholding. Your state has a similar formula. you should find it in the instructions for filing a tax return on the MO tax revenue website. @KC mail mom
April 14, 2025
9:39 PM
April 14, 2025
9:39 PM
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April 14, 2025
9:38 PM
I have had capital gains in the past, never had a schedule D (checked last 2 years' returns) OR needed to upgrade to Premium.
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April 14, 2025
9:38 PM
In order to "fix' my State of Ohio return it wants me to enter a date of my winnings, but I had no winnings