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April 15, 2025
4:44 PM
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April 15, 2025
4:44 PM
Use these instructions to access your prior year returns if you filed with TurboTax. If you need to find your 2023 AGI, please see this link for guidance.
April 15, 2025
4:43 PM
Sorry Bill -- I can understand the response coming from the TT employee 🙂 I am in support for last 20 years, no need to defend for not support fault 🙂 The information from the W2 was down loa...
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Sorry Bill -- I can understand the response coming from the TT employee 🙂 I am in support for last 20 years, no need to defend for not support fault 🙂 The information from the W2 was down loaded from the ADP Payroll company directly. I am sure millions of customers and products will use the API to pull the information. Considering 20 or so thumbs up the thread for the questions, there will be 1000 more who read and make the necessary change. Giving voice those who are quite Even if the Data was gibberish from a scans, it is difficult to understand the Tax code and not pay attenting to the letter and pay only attention to the numbers . Note that the W2 has only Letter and not any detain on what it is. I am sure the software guys will figure it how to address if there was a problme . Suggestion for Enhancement : will help future TT release The TT software does not point to where the mistake is and keep adding it back, even if you delete them. Most TT users will look at their Kids information, adding and deleting their profile and gets stuck , wasting 2 hours. If the error correction points indication where it originated W2, or Kids information, it will help identify the root cause
April 15, 2025
4:43 PM
Try this instead:
For a MAC desktop, (see screenshot for visual)
Load up your tax return on your computer
Switch to "Forms" mode - the icon in top left corner of your program
You...
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Try this instead:
For a MAC desktop, (see screenshot for visual)
Load up your tax return on your computer
Switch to "Forms" mode - the icon in top left corner of your program
You should now see a list of the forms in your return on the left-hand side of the program
Find the 1099-B you wish to delete and click on it
This should bring up the1099-B in your active window
Click on the Forms option on your menu (top of your screen you should see your Apple icon, then TurboTax, then File, Edit, View, Forms, Easystep, Flags, Window, and Help - click Forms)
There should be an option to remove the 1099-B form from the dropdown menu under Forms
@candyking
April 15, 2025
4:43 PM
You can do your teacher's retirement adjustment from the "Here's the income that Georgia handles differently" page:
Subtractions of Teacher Retirement System Distributions
Georgi...
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You can do your teacher's retirement adjustment from the "Here's the income that Georgia handles differently" page:
Subtractions of Teacher Retirement System Distributions
Georgia allows a subtraction from your retirement income equal to the contributions made from July 1, 1987 through December 31, 1989 that were not deductible by Georgia. The purpose of this adjustment to Georgia income is to allow a one-time deduction, as retirement plan distributions are received, of previous nondeductible plan contributions.
The current year subtraction from income cannot exceed the current year taxable retirement distributions received. The total subtractions from income cannot exceed the total retirement contributions that were nondeductible for Georgia, but deductible on your federal return from July 1, 1987 through December 31, 1989.
April 15, 2025
4:43 PM
I got married last year so I am filing jointly for the first time. My husband and I both own LLCs, and his company is his main source of income. I started our taxes on my account and went through the...
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I got married last year so I am filing jointly for the first time. My husband and I both own LLCs, and his company is his main source of income. I started our taxes on my account and went through the process of reporting my W2, then my LLC income, and then I imported my bank transactions for my business expenses, which I know that you can only do once. Then I finished out the prompts with my taxes and then it switched to my husband's turn. Well now there is no where to import his own business transactions from his bank. Can you seriously only import one time at the beginning when filing together? When I imported, it hadn't even asked about my husband's W2, his LLC income, or any other questions so how would we have known to import his transactions during my tax questions?
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April 15, 2025
4:42 PM
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...
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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?
April 15, 2025
4:42 PM
1 Cheer
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. ...
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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).
April 15, 2025
4:42 PM
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...
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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?
April 15, 2025
4:41 PM
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?
April 15, 2025
4:41 PM
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...
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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
April 15, 2025
4:41 PM
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...
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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!
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April 15, 2025
4:41 PM
Mention that the wife is using the Standard Deduction and that should clear up any doubt.
April 15, 2025
4:41 PM
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...
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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
April 15, 2025
4:40 PM
No, you should not have Form 8606 for a conversion from a 403(b).
@lvkale
April 15, 2025
4:40 PM
Topics:
April 15, 2025
4:40 PM
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 ...
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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.
April 15, 2025
4:40 PM
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...
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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.
April 15, 2025
4:40 PM
1 Cheer
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.
April 15, 2025
4:39 PM
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