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April 13, 2025
9:53 AM
So difficult today, import inside turbotax should be flawless. Logix Credit union is listed, then TT says , sorry , failed. Other institutions got a little further past credentials, then failed.
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April 13, 2025
9:53 AM
The wages that you received from your business that's reported on a W-2 will be entered into the Wages & Income section under W-2 income. Only information that's reported to you on the K-1 from your...
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The wages that you received from your business that's reported on a W-2 will be entered into the Wages & Income section under W-2 income. Only information that's reported to you on the K-1 from your business will be entered in the Income from partnerships, S-corps, LLCs and REMICs section of Wages and Income. To enter your K-1, follow the steps below: Open TurboTax Enter K-1 in the Search Bar, and select Jump to k-1 link On the Schedules K-1 screen, select Yes Select Yes, on the Did you receive any Schedules K-1? Screen Select Start next to the type of K-1 that you have and enter the information. If you are using TurboTax Desktop, review the TurboTax article Where do I enter a Schedule K-1 that I received? The income entered from your K-1 appears on line 17 on form 1040 - Rental real estate, royalties, partnerships, S corporations, trusts.
April 13, 2025
9:53 AM
I could not find last year's AGI so I selected file by mail with Turbo Tax. Of course, 5 minutes later I found the AGI. Can I now e-file with Turbo Tax?
April 13, 2025
9:53 AM
Ok, I think I get it. I use the Desktop version Deluxe TT. I already do a schedule C for my independent contractor work and I have expenses related to this work. Does these steps work the same fo...
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Ok, I think I get it. I use the Desktop version Deluxe TT. I already do a schedule C for my independent contractor work and I have expenses related to this work. Does these steps work the same for the Desktop Version I use?
April 13, 2025
9:52 AM
My 1099 mailed figures are different than what TT uploaded. Which is correct?
April 13, 2025
9:52 AM
supplies, office expense, or even software.
April 13, 2025
9:52 AM
I am having the same issue. When I look back at last year's return, the personal sale amount was just reported on Schedule 1 as a lump sum. We didn't have to do any itemization. If there is truly ...
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I am having the same issue. When I look back at last year's return, the personal sale amount was just reported on Schedule 1 as a lump sum. We didn't have to do any itemization. If there is truly a bug in the system, how does that get reported?
April 13, 2025
9:51 AM
What is your Filing Status? Single, Married Filing Jointly, Married Filing Separately, Head of Household?
April 13, 2025
9:50 AM
For the community property adjustments, you determine the total amount, then do an addition or subtract adjustment so that you report the entire amount. For example-
Income A: $60000 B:$40000 ...
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For the community property adjustments, you determine the total amount, then do an addition or subtract adjustment so that you report the entire amount. For example-
Income A: $60000 B:$40000 TOTAL= $100,000 (one half=$50,000)
A subtracts $10,000 from $60,000 to equal $50,000
B adds $10,000 to $40,000 to equal $50,000
April 13, 2025
9:50 AM
You can report them to Better Business Bureau. Also, open a dispute with credit card company. They are frauds. Give them a bad rating on review sites like TrustPilot or on Reddit too. Only buy from...
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You can report them to Better Business Bureau. Also, open a dispute with credit card company. They are frauds. Give them a bad rating on review sites like TrustPilot or on Reddit too. Only buy from top retailers. And only directly shipped from Amazon not third party. BIG HOME TAX is a scam. Never again will i try to save 10 dollars. Not worth it. I had to re-purchase the product.
April 13, 2025
9:49 AM
yes reinstall the application per note on my computer
April 13, 2025
9:49 AM
What kind of loss carryover? A capital loss carryover goes to 1040 line 7 not schedule 1. If it didn’t transfer over from last year then Enter a Capital Loss Carryover under Federal Taxes or ...
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What kind of loss carryover? A capital loss carryover goes to 1040 line 7 not schedule 1. If it didn’t transfer over from last year then Enter a Capital Loss Carryover under Federal Taxes or Personal (Home & Business) Wages and Income Then scroll down to Investment Income Capital Loss Carryovers - Click Start or Revisit
April 13, 2025
9:49 AM
If your child is a dependent that was in Utah for school, they didn't live there, they went to school there as a nonresident.
There are a lot of credits, what are you trying to do?
April 13, 2025
9:49 AM
I'm newly self-employed and my business taxes were done by an accountant, filed as an S-corp. When doing my personal taxes using TT home and business, do I enter my wages from the salary I received f...
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I'm newly self-employed and my business taxes were done by an accountant, filed as an S-corp. When doing my personal taxes using TT home and business, do I enter my wages from the salary I received from my business in addition to my income on form K-1 or do I leave the w-2 section blank and only report K-1? I have no other W-2 to report, only rental income.
April 13, 2025
9:48 AM
I did my taxes in March and it showed I owned one amount. I didn’t submit as I was waiting until April. When I went in today to submit, my amount owed changed by over $1000. I hadn’t changed any info...
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I did my taxes in March and it showed I owned one amount. I didn’t submit as I was waiting until April. When I went in today to submit, my amount owed changed by over $1000. I hadn’t changed any information. Do you know why this happened?
April 13, 2025
9:47 AM
@JamesG1 Yes I have their info as well is this an additional service? Will it ask me if I hired anyone or do I just click on quick employer forms?
April 13, 2025
9:47 AM
If you are using TurboTax Desktop you can remove the zero, the needs review goes away. See the screenshot below:
To remove the 0, follow these steps: Open TurboTax Click forms in the up...
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If you are using TurboTax Desktop you can remove the zero, the needs review goes away. See the screenshot below:
To remove the 0, follow these steps: Open TurboTax Click forms in the upper right corner Select Add/Sub (225) remove all 0's, included the one for NY State allocated amount of above
April 13, 2025
9:47 AM
Where do I find a loss carryover from the previous year on a Beneficiary K-1?