turbotax icon
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

All Posts

You are right. Mail is the only option. It is a glitch in Turbo Tax that, after giving the warning the e-file window is closed on 10/31/2024, it continues to recommend e-file. I went all the way to "... See more...
You are right. Mail is the only option. It is a glitch in Turbo Tax that, after giving the warning the e-file window is closed on 10/31/2024, it continues to recommend e-file. I went all the way to "Transmit electronic refunds" following the recommendation, and that's when that message appeared again as an error.   Filing by mail now.
A Social Security number for the child(ren) is required for this credit.  
The social security number on file must match the name and birthdate to file. Review all 3 entries looking for a mistake.
I think I set it to use the same card I used to pay for Turbotax itself, but I'm not sure.
In general, residents of Massachusetts must report all income regardless of where it was earned- and you are correct that you can claim the credit for taxes paid to another state so you are not doubl... See more...
In general, residents of Massachusetts must report all income regardless of where it was earned- and you are correct that you can claim the credit for taxes paid to another state so you are not double-taxed.  
I moved from NYC to Mass and am having problems with the NYC part year return.    NYS Form IT-360.1, Change of City Resident Status, Part 1 Colum B - Amount of New York City resident period correct... See more...
I moved from NYC to Mass and am having problems with the NYC part year return.    NYS Form IT-360.1, Change of City Resident Status, Part 1 Colum B - Amount of New York City resident period correctly picks up all the allocated New York items in Column B, but when it hits line 19 New York Modifications (for exempt allocated retirement income and interest from US govt securities), instead of subtracting the amount, it adds it to the New York Adjusted Gross Income.  This seems incorrect in that it's adding the allocated exempt NYC income back into the NYC tax calculation.  It's increasing my NYC tax considerably.    I've looked at all the entries I've put into the NYC portion and they seem correct.  The New York state allocation and tax on IT-203 are all calculating correctly.    What should I do to correct this?
I had have two new mortgages in 2024 that combined exceed $750K. I need to manually override the TT mortgage interest to reflect the reduction. I enter the number in "Your Adjustments*" but nothing ... See more...
I had have two new mortgages in 2024 that combined exceed $750K. I need to manually override the TT mortgage interest to reflect the reduction. I enter the number in "Your Adjustments*" but nothing happens. Anyone else have this happen?
i found the same problem too. how do i manually enter into the correct numbers in the online version of Turbotax? Thanks
Most likely not- you might be able to avoid tax if it is a Like-Kind exchange- Like Kind exchange only applies to real property that is business property and there are other requirements.  See What i... See more...
Most likely not- you might be able to avoid tax if it is a Like-Kind exchange- Like Kind exchange only applies to real property that is business property and there are other requirements.  See What is a like-kind (Section 1031) exchange?
No. Expenses paid in2023 must be used for credit on the 2023 return even though paid for 2024 expenses 
You would only file two state returns: a Part-Year return for MA and a Part-Year return for CO. You never actually earned income in MA while you were a non-resident; that was only an allocation error... See more...
You would only file two state returns: a Part-Year return for MA and a Part-Year return for CO. You never actually earned income in MA while you were a non-resident; that was only an allocation error on the part of your employer.   First prepare your  MA return, and in the interview you will see a screen Massachusetts Residency and the question: Did you earn income from a Massachusetts source or employer during the time you did not live in Massachusetts? Answer No.   Continue through the interview, and you will arrive at  How Massachusetts Handles Income for Part-Year Residents. For each income type, you will be given a chance to enter the amount earned while living in MA. You'll see the total wages earned in all states, and continue to Non-Massachusetts Portion of Income, where you can enter the correct amount of income earned once you moved to CO.     You should answer No to the question in the MA return about paying tax to another state, because as you surmised, you weren't double-taxed on this income, and you won't be when you file both returns.   Next, prepare your Colorado return. You'll proceed through the interview, and reach a page Colorado Portion of Wages. On that screen, adjust the amount from when you lived in CO to the correct amount.    When you've finished both returns, you will probably get a refund from MA and owe tax to CO, which represents that there was too much withholding for MA and not enough for CO.   These are the screenshots for MA:        And this is what it looks like for CO:  
If there is a dollar amount in Box 19, Local Income Tax, TurboTax will expect there to be an amount in Box 18, Local wages, tips, etc.  There should also be an entry in Box 20, Locality name. If your... See more...
If there is a dollar amount in Box 19, Local Income Tax, TurboTax will expect there to be an amount in Box 18, Local wages, tips, etc.  There should also be an entry in Box 20, Locality name. If your employer left Box 18 blank, and all of your income was earned in the same locality, then the amount from Box 1 / Box 16 would normally be repeated in Box 18. If you have a question as to how your Local Income Tax was determined, ask your employer or payroll office. If there is an error, they may need to issue you a corrected W-2.   If you have local taxes, you may have wages that are taxable by more than one locality (such as a city or school district). You can add another line for Boxes 18 through 20 by clicking the "+Add another locality" button that appears below Boxes 18 through 20.   See this TurboTax tips article for more information about Form W-2. See this help article for more information about city taxes supported by TurboTax.   @tax128  @johnmelissaski  @nunheimerk  @jegesja   
Q. Would I have to amend each of my children's tax returns for 2023 or can I just amend mine? A. It depends on the amounts of taxable scholarship.     If taxable scholarship is the student's on... See more...
Q. Would I have to amend each of my children's tax returns for 2023 or can I just amend mine? A. It depends on the amounts of taxable scholarship.     If taxable scholarship is the student's only income, there will be no tax until the amount gets to $14,600.  So, there is technically no requirement to file,    Normally I would say, you may want to file anyway just to document the reporting of the scholarship as income.  But, in this case, probably not. 
Please see how do I get started with TurboTax Desktop for installation guidance.  You will also need your license code.  See this link for steps to locate your license code.
Online, not downloaded. I cannot e-file for my cities, so it's paper and print to file. I redownload the copy of my files today to see if it was fixed and it is not. Tax returns are being accepted so... See more...
Online, not downloaded. I cannot e-file for my cities, so it's paper and print to file. I redownload the copy of my files today to see if it was fixed and it is not. Tax returns are being accepted so it's not to early or too late. Also my partner used turbo tax, same cities, and his do not say that. I even tried to edit and file an addendum to see if that would help, it does not show my 2024 city taxes for edit only 2023, so I cannot access my 2024 city taxes to even edit them at this point. My federal and state taxes were already accepted and refunds sent, so that is not the issue. We tried things for 45 minutes while on the phone with the specialist, no fix could be found. 
Specifically, I have a gas well in Kansas that is producing income and I want to know if I should include that in my Massachusetts income. I do know I get a credit for any taxes due to Kansas. Thank you!
My wife has a prudential annuity and she took a distribution from it this year for the first time. It had to be indirect, they sent her a check. She immediately deposited it to her Fidelity IRA. We'r... See more...
My wife has a prudential annuity and she took a distribution from it this year for the first time. It had to be indirect, they sent her a check. She immediately deposited it to her Fidelity IRA. We're doing our taxes in TurboTax. The Prudential 1099-R shows code 7, normal distribution, as expected. The tax bill immediately jacked at the top of TurboTax! Fidelity hasn't given us a form to "prove" we deposited it. What do we file? They said it's not a 1099-R on their side for this. They said 5498 but that's not a form you usually support with your taxes, per TurboTax. Fidelity's 5498 forms aren't coming out until May 15! How do we fix this? Thanks in advance for any help.
Hi, using Turbo Tax Premier, and I own a rental property.  When doing the Pennsylvania taxes, Turbo Tax asks if this is a for-profit property, and Turbo Tax help offers the text below, but it's not c... See more...
Hi, using Turbo Tax Premier, and I own a rental property.  When doing the Pennsylvania taxes, Turbo Tax asks if this is a for-profit property, and Turbo Tax help offers the text below, but it's not clear if the listed three conditions ALL have to be true (meaning, 1 AND 2 AND 3), or if ANY of them are true (meaning, 1 OR 2 OR 3).  Numbers 1 AND 2 apply to me.  3 doesn't.     For-Profit Rental Property Your rental is considered a for-profit (business activity) rental when: 1) You offer the use of your property with the intention of making a profit. 2) You lease your property continually, not for limited periods of time during the year. 3) You offer your property on a commercial basis to others and at least one of the following applies: - The average period of customer use is 30 days or less - The property is made available for use only during defined business hours - You provide significant services (i.e. housekeeping, room service, valet parking, transportation services) to your tenants - You incur significant operating expense in making the property available for lease - The leasing activity is incidental to a real estate sales business   Thanks!