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April 13, 2025
10:17 AM
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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...
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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...
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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...
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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...
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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?
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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 ...
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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.
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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.
April 13, 2025
10:15 AM
A contribution to a Roth IRA is usually from your personal funds. See your bank statements for any contributions.
IRA contributions will not be on your W-2.
April 13, 2025
10:15 AM
So, just to be clear, let me add some info and restate what I think I read: I spoke with him and he did not meet the full-time student requirement. He dropped the class in November which meant h...
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So, just to be clear, let me add some info and restate what I think I read: I spoke with him and he did not meet the full-time student requirement. He dropped the class in November which meant he only was full time for 4 months. He can't be claimed as my dependent since he is over 19, was not a full-time student and earned over $5050. He can file a return, claim the refundable portion of the credit ($1k). I paid roughly $3800k in tuition for 2 part time semesters at a local Junior College. As for saving the $2500 credit for later, I will never meet the MAGI restrictions and will never be able to claim the credit. Wouldn't it be my/his interest to file his taxes and claim the credit I can on his return?
April 13, 2025
10:14 AM
1 Cheer
You just have to answer the question that you rolled over and the amount (since it was an indirect rollover tax was withheld so you would have had to make up the difference or you will be partially t...
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You just have to answer the question that you rolled over and the amount (since it was an indirect rollover tax was withheld so you would have had to make up the difference or you will be partially taxed.) It will be reported on your tax return. When the 5498 is filed with the IRS, if the information does not match what you report, they will contact you then.
April 13, 2025
10:14 AM
Thanks MindyB. Your answer was clear and concise. I appreciate that because when I "talk taxes" I tend to stumble a bit. Cheers, KelleyR
April 13, 2025
10:14 AM
So where do we enter the sales tax at? Do we deduct it where we enter the 1099-k information or is there somewhere lese we list it? Thank you
A student is considered full-time if they are in school at least five (5) months taking the course load considered full-time by the school. A student temporarily away from home for the purposes of a...
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A student is considered full-time if they are in school at least five (5) months taking the course load considered full-time by the school. A student temporarily away from home for the purposes of attending school is considered to have lived with the parent all year for purposes of determining dependncy. @lls69
April 13, 2025
10:13 AM
The MCC program is a homebuyer assistance program designed to help lower‐income families afford homeownership. The program allows homebuyers to claim a dollar‐for‐dollar tax credit for a portion of m...
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The MCC program is a homebuyer assistance program designed to help lower‐income families afford homeownership. The program allows homebuyers to claim a dollar‐for‐dollar tax credit for a portion of mortgage interest paid per year, up to $2,000.
If you had participated in this program (through a state or local government agency) when you purchased your home, you would have been advised of that, and have documentation concerning that. The Certificate has a credit rate % listed on it, which is what TurboTax is asking for.
If this doesn't apply, skip that entry. Here's more info on the Mortgage Credit Certificate, Form 8936.
If you have a Form 8936 in your return and don't have an MCC, here's How to Delete Forms in TurboTax Online.
@Brodyschafer
April 13, 2025
10:13 AM
Requiring desktop users to start over, if they imported a .pdf (instead of .tax) and did not begin with transferring another tax data file for 2024, is how Intuit evidently operates. "Too bad", if y...
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Requiring desktop users to start over, if they imported a .pdf (instead of .tax) and did not begin with transferring another tax data file for 2024, is how Intuit evidently operates. "Too bad", if you hand entered Schedule D information or spend gobs of time doing your return. That missing loss-carry forward, etc., can no longer be brought over. If you manually enter it, you risk error, or other omission. Import should be allowed after a return has been started. Be kind, Intuit, instead of the only game in town.
April 13, 2025
10:13 AM
Do not do that. You must reconcile it in the Step by Step process.
The 1098 (s) that were paid off when you got he new loan should show zero as a mortgage balance.
That will certainly reduce...
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Do not do that. You must reconcile it in the Step by Step process.
The 1098 (s) that were paid off when you got he new loan should show zero as a mortgage balance.
That will certainly reduce the amount you owe and may noy trigger the limitation.
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