All Posts
April 13, 2025
10:19 AM
1 Cheer
Tax treaty treatment only applies to citizens of the country (so you would use the treaty if allowed on your Taiwanese return). You should, however, be able to claim the Foreign Tax Credit so that y...
See more...
Tax treaty treatment only applies to citizens of the country (so you would use the treaty if allowed on your Taiwanese return). You should, however, be able to claim the Foreign Tax Credit so that you are not double taxed on the same income. See Claiming the Foreign Tax Credit with Form 1116 - TurboTax. If you did not claim it, you can file an amended return!
April 13, 2025
10:19 AM
Hello, I have imported by CVS file and all items populated in the form. However, there are 7 blank areas under the cost basis (USD) column. What do I put for those? Thank you! Patti Kakes
April 13, 2025
10:19 AM
Same issue here in spring 2025. frustrating I don’t find this error until after paying hundreds for federal and state software.
April 13, 2025
10:19 AM
You select it as a standard Form 1099-R where asked in the section for entering retirement income.
April 13, 2025
10:18 AM
You will pay taxes twice since you didn't withdraw the excess by April 15th. Once with the steps MaryK4 gave above, which puts the excess on line 1h of Form 1040. And then again when you distribute t...
See more...
You will pay taxes twice since you didn't withdraw the excess by April 15th. Once with the steps MaryK4 gave above, which puts the excess on line 1h of Form 1040. And then again when you distribute the excess amount at a later time as a regular distribution. There is no way around getting taxed twice since you missed the deadline.
April 13, 2025
10:18 AM
20% discount is not applying to order
April 13, 2025
10:18 AM
To see or set up your payment date and payment information if you haven't filed your return:
Open your return
Go to the Finish & File section
In Step 2 you will be able to choose your...
See more...
To see or set up your payment date and payment information if you haven't filed your return:
Open your return
Go to the Finish & File section
In Step 2 you will be able to choose your payment date and method
If you already filed your taxes and need to set up another payment, see the TurboTax help article below:
How can I pay my federal taxes?
Q. So, we do need to get her to file separately in order to file this 1099-Misc?
A. Yes. See rule #3 below.
Q. Then my question would be would she also needs to add the 1098T to her return?...
See more...
Q. So, we do need to get her to file separately in order to file this 1099-Misc?
A. Yes. See rule #3 below.
Q. Then my question would be would she also needs to add the 1098T to her return?
A. Yes. She will add the modified 1098-T, not the actual one. On her return, enter 0 in box 1 and $4810 in box 5.
Your dependent child must file a tax return for 2024 if he had any of the following:
Total income (wages, salaries, taxable scholarship etc.) of more than $14,600 ($13,850 for2023).
Unearned income (interest, dividends, capital gains, unemployment, taxable portion of 529 distribution) of more than $1300 ($1250 for 2023).
Unearned income over $450 (the $750 on the 1099-MISC) and gross income of more than $1300 (the taxable scholarship).
Household employee income (e.g. baby sitting, lawn mowing) over $2600 ($14,600 if under age 18)
Other self employment income over $432, including money on a form 1099-NEC
April 13, 2025
10:18 AM
If you contributed at work it could be in box 12 of 14.
If the account is online you may be able to determine it by individual deposits.
If it was not at work you may be able to use your checkbook.
April 13, 2025
10:17 AM
Topics:
April 13, 2025
10:17 AM
To complete and file a 2021 tax return using TurboTax you would need to purchase, download and install on a personal computer one of the 2021 desktop editions from this website - https://turbotax.int...
See more...
To complete and file a 2021 tax return using TurboTax you would need to purchase, download and install on a personal computer one of the 2021 desktop editions from this website - https://turbotax.intuit.com/personal-taxes/past-years-products/
A 2021 tax return can only be printed and mailed, it cannot be e-filed using TurboTax.
April 13, 2025
10:17 AM
April 13, 2025
10:17 AM
both my square 1099-k and PayPal 1099-k include sales tax in the total amount where do I list the sales tax for the deduction? Thank You
April 13, 2025
10:17 AM
You can manually enter the Capital Loss Carryover manually. You only enter 1 amount so there should be no error. Even if you used the Online version you would have to clear and start over to Transf...
See more...
You can manually enter the Capital Loss Carryover manually. You only enter 1 amount so there should be no error. Even if you used the Online version you would have to clear and start over to Transfer from 2023. I doubt any other tax company can transfer the prior year into an existing return. 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
10:17 AM
If you don't see the Tax Tool menu from TurboTax Online, open any section of your return. For example open your W-2 Section as if you were to edit it, and then look again for this menu. See Images be...
See more...
If you don't see the Tax Tool menu from TurboTax Online, open any section of your return. For example open your W-2 Section as if you were to edit it, and then look again for this menu. See Images below for reference
Does your Screen look like the one on the bottom? (No left menu panel)
Open any Section and click on the Pen Icon as if you were going to edit it
The left menu panel will pop up
Click on the link below for instructions on how to clear and start over. Choose whether you are using the Online or Desktop version.
How do I clear and start over?
** If you are using the phone/tablet app, try changing to laptop/computer if possible. If you do not have access to a computer, switch to a web browser within your phone or tablet, and sign in from there.
April 13, 2025
10:16 AM
My wife and I both have self employment income (1099s) and salaried income (W2s) for separate types of work. I recently purchased the Home & Business E-File software and set up one 'business' but I c...
See more...
My wife and I both have self employment income (1099s) and salaried income (W2s) for separate types of work. I recently purchased the Home & Business E-File software and set up one 'business' but I can't see how to another for the other spouse. Is there a way to accomplish this with this software or did I just waste $100?
Topics:
April 13, 2025
10:16 AM
I had the same issue in TT Mac Desktop 2023 and now again in TT Mac Desktop 2024. It is annoying because you can either display the number of shares (on left side of the window) OR you can reach ...
See more...
I had the same issue in TT Mac Desktop 2023 and now again in TT Mac Desktop 2024. It is annoying because you can either display the number of shares (on left side of the window) OR you can reach the little icon to update the entry. In addition, if you have enough transactions, the left/right scroll bar at the bottom of the screen won't fit with the table header at the top of the screen. Small comfort is that the scroll bar moves if you use left/right arrow keys. If there were a way to change the font it would be a workaround....but in reality, the right answer is to allow the table to use all the available space on the desktop. My guess is they are trying to re-use code that allows the web version to work and maybe some phone app. I don't really care why it is broken, Intuit should fix it.
April 13, 2025
10:16 AM
This is affecting ACA premium credit
April 13, 2025
10:15 AM
This is a separate solar powered system that is not connected to the PV system. The solar attic fan releases hot air from the attic once the attic reaches a certain internal temperature.
Topics:
April 13, 2025
10:15 AM
Thank you @Echo-Point! This was the clearest, most accurate, and most helpful response I've found for this question.