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I was able to file with SSN/TIN from the property management company in the past.   Is SOS file number requirement for 592B form?
When I enter my mortgage interest info it is not calculating on the tax owed meter - nothing happens. I am qualfied for it, no refinancing and I meet all  the requirements and loan is secured and al... See more...
When I enter my mortgage interest info it is not calculating on the tax owed meter - nothing happens. I am qualfied for it, no refinancing and I meet all  the requirements and loan is secured and all of htat - I have rread a lot of other posts about this problem. But mine is simple and I'm not getting the deducting. Just a simple home purchase with no equity or refinancing. Got the deduction last year, it showed on the meter. This year - nothing! Can anyone help me?? I thought my taxes would only take a little timebecuase I have everything all ready but now this glitch is delaying me - I will not accept this glitch and just pay extra!   SAME thing happens when I get to the standard decuction part! It says congratulations you get the standard deduction and get a huge tax break. But then nothing happens on the meter.   Confused - can anyone help? Thank you! SMH  
Thank you for your help.  Just what I needed.
If you have a 6 digit PIN issued to you by the IRS you need to enter it in order to e-file.  Go to Federal>Other Tax Situations>Other Return Info>Identity Protection PIN and enter the six-digit PIN.
Whether you can deduct your Medicare costs depends on your situation.   Medicare Part A premiums are deductible if you aren't covered under Social Security, you aren't a government employee wh... See more...
Whether you can deduct your Medicare costs depends on your situation.   Medicare Part A premiums are deductible if you aren't covered under Social Security, you aren't a government employee who paid Medicare tax, and you voluntarily enrolled Medicare Part B, C, and D premiums are deductible Can I deduct Medicare premiums? Can I and where do I deduct medical expenses? @Joejoe 
In order to qualify for the California renter's credit, all of the following must apply: You paid rent in California for at least 1/2 the year The property was not tax exempt Your Californ... See more...
In order to qualify for the California renter's credit, all of the following must apply: You paid rent in California for at least 1/2 the year The property was not tax exempt Your California AGI was: $52,421 or less if your filing status is single or married/registered domestic partner (RDP) filing separately $104,842 or less if you are married/RDP filing jointly, head of household, or qualified widow(er) You did not live with someone who can claim you as a dependent You or your spouse/RDP were not given a property tax exemption during the tax year I just looked at a California test return and experimented with increasing the federal income and adjusting the California income, and the California return still had the renter's credit if the California AGI was under the limit.   You might go through the California adjustments to income section in the California interview again and make sure the California AGI is correct.   In the alternative, you could see this help article and this one for instructions on how to contact TurboTax customer support depending on which product you are using.  
Information flows from the federal return to the state returns with TurboTax.  You cannot just prepare "stand alone" state returns using TurboTax.  Did you prepare a federal return somewhere else?
Thanks @DanaB27 , so I have to put $6,500 when asked "Let's find your IRA basis", even if it says "Total Basis as of December 31, 2023" (which is technically not true, as the contribution was after 2... See more...
Thanks @DanaB27 , so I have to put $6,500 when asked "Let's find your IRA basis", even if it says "Total Basis as of December 31, 2023" (which is technically not true, as the contribution was after 2023/12/31), correct? On 2023 form 8606, the line 14 "your total basis in traditional IRAs for 2023 and earlier years" has $6,500.
If you are a full-time student you can be claimed as a dependent so make sure that on your own return you say someone can claim you.    You can file a tax return to seek a refund of the amounts in bo... See more...
If you are a full-time student you can be claimed as a dependent so make sure that on your own return you say someone can claim you.    You can file a tax return to seek a refund of the amounts in boxes 2 and 17 of your W-2 even if you did not earn more than the amount that requires you to file a tax return.  Your parents are the ones who can claim the education credit.  Dependents cannot get education credits.
I HAVE A SUBSTANTIAL ASSET THAT QUALIFIES FOR SECT 179 ON SCHEDULE E BUT THE FORM ONLY LETS ME SELECT SPECIAL BONUS DEPRECIATION.   I HAVE ENOUGH RENTAL INCOME PLUS A SECT 179 CARRYFORWARD TO ALLOW M... See more...
I HAVE A SUBSTANTIAL ASSET THAT QUALIFIES FOR SECT 179 ON SCHEDULE E BUT THE FORM ONLY LETS ME SELECT SPECIAL BONUS DEPRECIATION.   I HAVE ENOUGH RENTAL INCOME PLUS A SECT 179 CARRYFORWARD TO ALLOW ME TO TAKE 100% SECT 179 DEDUCTION FOR THIS 2024 PURCHASED ASSET.   I'M SEEING SOME COMMENTS ABOUT THERE BEING SOME TYPE OF BUG IN TURBO TAX AND THAT IS WHY I CAN'T DO IT.  IS THAT TRUE?  IF SO, WHAT IS THE WORK AROUND?  MOVE MY ENTIRE SCHEDULE E OVER TO SCHEDULE C?
have you checked the basis on your other lots of ABC options; when the loss is disallowed, the cost basis of the purchase that triggered the wash sale should be adjusted, it doesn't disappear.   Idea... See more...
have you checked the basis on your other lots of ABC options; when the loss is disallowed, the cost basis of the purchase that triggered the wash sale should be adjusted, it doesn't disappear.   Ideally your broker should be indicating both a lot affected by a wash sale and the lot with the adjusted cost basis.   either you are selling at a loss and already have another lot you purchased previously within the wash sale window and the basis of that purchase should be adjusted.  or you sell at a loss with it's not a wash sale at the time of sale, but you happen to buy that security ('substantially similar') back within the window, now it becomes a wash sale in retrospect and will affect the basis of the new buy.  
School District (SD) income tax withholding will be in box 19 of your W-2.  In TurboTax (TT), enter it at the W-2 screen in box 19 and the name (or SD#) in box 20. TT will carry the amount to the SD ... See more...
School District (SD) income tax withholding will be in box 19 of your W-2.  In TurboTax (TT), enter it at the W-2 screen in box 19 and the name (or SD#) in box 20. TT will carry the amount to the SD return.    For more specific help, identify the state and SD involved
In general, dependents must remain residents of the state of the person claiming them so Arizona is the domicile state.   You must file a nonresident Michigan return and report any income earned ... See more...
In general, dependents must remain residents of the state of the person claiming them so Arizona is the domicile state.   You must file a nonresident Michigan return and report any income earned in Michigan. You must also file a resident Arizona return and report all income regardless of where earned.  You will get a credit for the taxes paid to a resident state on the Arizona return,   
How can I see my TurboTax  fees?  https://ttlc.intuit.com/turbotax-support/en-us/help-article/intuit-account-billing/review-fees-turbotax-online/L1XnIzgzg_US_en_US?uid=m682vq7k   If your TurboT... See more...
How can I see my TurboTax  fees?  https://ttlc.intuit.com/turbotax-support/en-us/help-article/intuit-account-billing/review-fees-turbotax-online/L1XnIzgzg_US_en_US?uid=m682vq7k   If your TurboTax fees are higher than expected, you can reduce them by removing add-ons     (BEFORE you e-file) :   Remove Premium Services Remove MAX Defend & Restore Remove a state Remove PLUS Help & Support Remove Pay With Your Refund
No, it's not taxable.  But, you will need to enter the 1099-K information since it was issued to you and the IRS.  After you enter the 1099-K, you can indicate the income shouldn't be taxable.  See: ... See more...
No, it's not taxable.  But, you will need to enter the 1099-K information since it was issued to you and the IRS.  After you enter the 1099-K, you can indicate the income shouldn't be taxable.  See: 14 day rental rule.    To enter the 1099-K: Navigate to Federal > Wages & Income > Other Common Income > Form 1099-K Enter the information from the 1099-K Check the box that says This amount in box 1a is too high or includes some personal transactions Enter the amount that shouldn't be included, which is the entire amount
Do you mean that you have a W-2 and a 1099R----or do you mean that you are trying to enter a 1099R in the place for a W-2?  Do not enter your 1099R as a W-2.     To enter your retirement income... See more...
Do you mean that you have a W-2 and a 1099R----or do you mean that you are trying to enter a 1099R in the place for a W-2?  Do not enter your 1099R as a W-2.     To enter your retirement income, Go to  Federal> Wages and Income>Retirement Plans and Social Security>IRA  401 k) Pension Plan Withdrawals to enter your 1099R.  
That's correct, you can only create one return per account in TurboTax Online.