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I've entered my 1099-R information for my inherited RMD, answered the following questions.  As soon as I indicate it was an inherited IRA and enter my mother's name, my federal amount increases becau... See more...
I've entered my 1099-R information for my inherited RMD, answered the following questions.  As soon as I indicate it was an inherited IRA and enter my mother's name, my federal amount increases because its considering this as taxable income.  All of the RMD was rolled over into a new IRA.  I entered it the same way I did last year and it did not have this impact.  
If one successfully imported their w2 from paylocity in the past, why isn't turbotax allowing that now?
Instead of mailing a check, I suggest you pay online.  Go to https://www.irs.gov/payments to make an online payment.  Be sure to indicate it is a 2024 Extension Payment.     If you want to mail a... See more...
Instead of mailing a check, I suggest you pay online.  Go to https://www.irs.gov/payments to make an online payment.  Be sure to indicate it is a 2024 Extension Payment.     If you want to mail a 4868, go to:  https://www.irs.gov/pub/irs-pdf/f4868.pdf and fill out the form and print it.  The instructions with the mailing address are included.
Please see this TurboTax Help Article for instructions on how to get a copy your 2023 tax return: How do I view, download, or print a prior-year tax return?  
You can't if you already filed it, but you don't need to.  Just file your return when you are ready.   Any payment due is due tomorrow whether or not you filed the extension.  
Why cant I file state and Federal separately?
Does a filing extension also extend the deadline for contributing to a traditional IRA?
You can do whichever you prefer - pay all now or spread.it out over 4 payments.
I thought turbo tax was free for w-2's
i paid for state taxes, filled out the information and now there is no way to file them on turbo tax. what is happening? how can this be fixed?
For an inherited IRA with basis, the names on 8606 should be "<owner> and <your name> BENE" or Beneficiary if it fits, and your SSN.   TurboTax won't prepare such a form. You can get the form in fi... See more...
For an inherited IRA with basis, the names on 8606 should be "<owner> and <your name> BENE" or Beneficiary if it fits, and your SSN.   TurboTax won't prepare such a form. You can get the form in fillable PDF format on the IRS website. After e-Filing you can mail it attached to Form 1040-X . Explanation: "form not included with e-File due to software issues"   Note: when you are not changing any dollar amounts on your amending 1040-X, you can leave all the lines 1-23 EMPTY. - Done this way, you sign 1040-X, not 8606. Do not include your old 1040 nor your revised 1040 because they are identical.   @Proteus7 
Yes, if you are self-employed and have more than $400 in earnings, you are required to file a return.   And because the income is on a 1099, and not a W-2, you owe self-employment tax.   You won't ow... See more...
Yes, if you are self-employed and have more than $400 in earnings, you are required to file a return.   And because the income is on a 1099, and not a W-2, you owe self-employment tax.   You won't owe income tax since you earned less than your standard deduction, but you will still owe the self-employment tax.   You will be able to enter business expenses to reduce the amount of tax you owe.     I need to enter a 1099 - Am I Self-Employed?    How do I report income from self-employment?   What self-employed expenses can I deduct?  
Go through my tax filing for 4yrs, from 2020 to 2023. Look at Schedule E and its worksheet. I believe there is a bug in 2023 calculation of carry over or disallowed loss. You have to manually fix it.... See more...
Go through my tax filing for 4yrs, from 2020 to 2023. Look at Schedule E and its worksheet. I believe there is a bug in 2023 calculation of carry over or disallowed loss. You have to manually fix it. I use turbotax desktop version.  Instead of using step by step filing, go to top-right corner, click on the forms, look for the rental property Schedule E work sheet, check line 21 and 22 numbers, that is your loss and allowed loss.  In the carryovers to 2024 Smartwork sheet, that is QBI value calculated from previous years. Check all previous years QBI and carry over, to see if there is any left over to 2024. You can see QBI tracking sheet of previous years following this table.  I saw Turbotax do messed up on 2018/2019 but correct later on. Don't know why the software messed up again this year. In my case, previous two year QBI number is zero, so I can set my QBI number, error check identified cell, to zero.