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So if box 5 is blank but box 6 has the State with no number, and 7 has the state income, would this mean that I should get my 1099-NEC amended?
What could this be from? My wife and I are filing jointly, both W-2 employees. Neither of us have passive income from rental properties in the tax year 2024 or in prior years. Is this an error? Of ... See more...
What could this be from? My wife and I are filing jointly, both W-2 employees. Neither of us have passive income from rental properties in the tax year 2024 or in prior years. Is this an error? Of course I am about to file and TurboTax tries to hold me hostage for $79 more dollars via upgrading to Deluxe edition...
I am receiving this notification myself.  I followed the link that was provided in the response and it stated that the issue had been cleared and the link was no longer valid.     I have followed t... See more...
I am receiving this notification myself.  I followed the link that was provided in the response and it stated that the issue had been cleared and the link was no longer valid.     I have followed the suggestion of clearing my browser's cache, but it had not helped with the issue.  
Married filing jointly, with AGI *several times* the federal limit for IRA contributions.  Turbotax '24 desktop for Windows.  I noticed I had not made IRA contributions and wizard encouraged me to do... See more...
Married filing jointly, with AGI *several times* the federal limit for IRA contributions.  Turbotax '24 desktop for Windows.  I noticed I had not made IRA contributions and wizard encouraged me to do so.  So I did.  $14k worth.  Turbotax applied the $14000 amount on Schedule 1 and 1040 line 10, then checked (100% Accurate!) and then filed the form, to state, and federal, saving me about $7k in owed taxes.   The forms were rejected by IRS for other reasons (Son had claimed himself).  So I had a chance to fix this and re-file.  I'm still out the $14k I sent over to the IRA's.    I have copies of the original and updated and can proivde to Intuit personnell if they'd like to look.
Yes, since you can't use the expenses for a credit, there is no reason for you to enter Form 1098-T into your TurboTax Program.    The only other point to make is that it may be possible for the ... See more...
Yes, since you can't use the expenses for a credit, there is no reason for you to enter Form 1098-T into your TurboTax Program.    The only other point to make is that it may be possible for the student to claim the non-refundable portion of the American Opportunity Tax Credit.    If claiming the student has no advantage for you, you can elect to not claim him.  The student then files and selects  "Another taxpayer can claim me on their tax return" but on the drop-down they select  "Another taxpayer will not claim me in 2024"   The "not-claimed dependent student" enters Form 1098-T into their TurboTax program.  Please make sure he indicates that the scholarship was restricted to room and board. He will be taxed on the scholarship.    However, since there is excess education expenses, he should be eligible for the "non-refundable" portion of the American Opportunity Tax Credit which will be applied to his tax liability.    IRS Pub 970
  MY DEPENDENT HAD A JOB If your dependent has a W-2 for his after-school job, summer job, etc. you do not include the information on your own return. You can still claim your child as a dependen... See more...
  MY DEPENDENT HAD A JOB If your dependent has a W-2 for his after-school job, summer job, etc. you do not include the information on your own return. You can still claim your child as a dependent on your own return.  He/she can file his own return for a refund of some of his withheld wages from boxes 2 or 17 (he won’t get back anything for Social Security or Medicare), but MUST indicate on it that he can be claimed as a dependent on someone else’s return.  (Supervise this closely or prepare it for him!)   If your dependent’s earnings were over $400 and were reported on a 1099Misc or 1099NEC then he must file a return and pay self-employment tax for Social Security and Medicare.     You might also want to use free software from the IRS Free File versions: https://apps.irs.gov/app/freeFile/
If you started in the Free Edition of TurboTax, you may have entered something that triggered an upgrade to a paid version. The final fees are determined by the forms that are required to complete yo... See more...
If you started in the Free Edition of TurboTax, you may have entered something that triggered an upgrade to a paid version. The final fees are determined by the forms that are required to complete your individual return. States are also extra and there are some add-ons that  you can agree to buy     You can review your fees using the instructions below to find out why you're being charged. You can follow the instructions in this article to remove any  unwanted Fees Why am I being charged for TurboTax Free Edition?   You can review your fees in TurboTax online as follows: Go to the left side of your screen under "Tax Home" Go to "Tax Tools" then "Tools" The "Tools Center" Box will pop up Click on "My Fees" to see a summary of your Turbo Tax Fees.   Your screens will look something like this:         Click here for "How do I review my fees in TurboTax Online?"
Need this for my affordable healthcare
I'm having this same issue and am getting no help.  I have seen on Reddit and on this community that this has happened to a lot of people.  Were they able to help you print off all of the information... See more...
I'm having this same issue and am getting no help.  I have seen on Reddit and on this community that this has happened to a lot of people.  Were they able to help you print off all of the information you had already put in for 2023?  I have the receipt showing that I filed with TurboTax for my 2023 filing.
Linda55247 and BrittanyS the so called "expert", please look here: https://ttlc.intuit.com/community/state-taxes/discussion/what-does-the-form-203-f-mean/00/1404869/page/3   1.) The bug is well est... See more...
Linda55247 and BrittanyS the so called "expert", please look here: https://ttlc.intuit.com/community/state-taxes/discussion/what-does-the-form-203-f-mean/00/1404869/page/3   1.) The bug is well established and has not been fixed. Even I did what is recommended on above link by "nosadciw" to get around your buggy TT directing me consistently to schedule A rather than schedule B   2.) Secondly, I printed out the tax return and added a cover letter to state of NY. Stating that your buggy software was incompetent to let me file my NY NR return electronically.   I think you should atleast give 50% or more refund to people filing state of NY NR on 203F and 203B. Because;     - 203B was not even generated for me.   THIS IS SUPER FRUSTRATING AND EXHAUSTING AS WELL AS MAKING US PAY FOR GAS (OR CHARGE on EV CAR) AND POSTAL SERVICES + TIME!!  
I just need to know how to return to the field to toggle the business to her name instead of mine
No.  TurboTax does not mail tax returns for you.  When you mail a tax return, you have to sign and date it yourself in ink, and attach copies of your W-2's and/or any 1099's that show tax withheld. ... See more...
No.  TurboTax does not mail tax returns for you.  When you mail a tax return, you have to sign and date it yourself in ink, and attach copies of your W-2's and/or any 1099's that show tax withheld.   If you are getting a refund, it will be okay to mail it after the filing deadline.  Or...if you owe tax due--request an extension and pay your tax by April 15, 2025 and mail the Form 1040 when you get home to print it.     https://turbotax.intuit.com/irs-tax-extensions/   https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-extension/need-file-extension-personal-state-taxes/L32Mt8ZNv_US_en_US?uid=m9a3q808  
Q. Do I still need to report the 1098-T form when filing my taxes? A. No.   The 1098-T is only an informational document. The numbers on it are not required to be entered onto your tax return. Ho... See more...
Q. Do I still need to report the 1098-T form when filing my taxes? A. No.   The 1098-T is only an informational document. The numbers on it are not required to be entered onto your tax return. However receipt of a 1098-T frequently means you are either eligible for a tuition credit or possibly your student has taxable scholarship income.  If you claim the tuition credit, you do need to report that you got one or that you qualify for an exception (the TurboTax interview will handle this) You claim the tuition credit, or report scholarship income, based on your own financial records, not the 1098-T.    Scholarships that pay for qualified educational expenses (QEE - tuition, fees, books and other course materials) is tax free.  Scholarship amounts that exceed QEE is taxable income, on the student’s tax return. Room & board are not QEE. If box 5 of the 1098-T exceeds box 1, TurboTax (TT) will treat the difference as taxable income, unless you enter additional QEE at books and other expenses.   If your stipend is not included in box 5, it is entered separately. In the 1098-T interview, one of the follow-up questions will be do you have any scholarships not shown on the 1098-T. Enter the additional scholarship/stipend there.  When asked if any was used for room and board, answer yes. Then enter the amount you want to be taxable (usually all of it), in the pop up box. R&B are not "qualified educational  expenses".  So, this is how you tell TT that it is taxable. Note the wording at that screen “or other expenses”. You didn’t have to literally use the scholarship for R&B.  This will put it on line 8r of Schedule 1 (this line was added in 2022).
Yes, to file an extension for 2024. If you are using a desktop version of TurboTax you can file an extension for your tax return using the instructions in this link: How do I file an IRS tax extensio... See more...
Yes, to file an extension for 2024. If you are using a desktop version of TurboTax you can file an extension for your tax return using the instructions in this link: How do I file an IRS tax extension?    If you   used TurboTax Online, to apply for an extension in your TurboTax program, you can do the following: Click on the search icon in the upper right of your TurboTax screen Type "extend" in your search box Click on the link "Jump to extend" Your screen will say "Applying for an Extension" Answer "Yes" to the question "program," Select "Continue" Follow the TurboTax screens and answer all of the follow-up questions   Your TurboTax screens will look something like this:         You can click this link federal tax extension to start an extension.   Click here for How to File a Tax Extension: A Step-By-Step Guide
Line 5 of Georgia Form 500 - Individual Income Tax Return is your filing status.  This transfers from your federal tax return.  In Georgia, you have to use the same filing status that you used on you... See more...
Line 5 of Georgia Form 500 - Individual Income Tax Return is your filing status.  This transfers from your federal tax return.  In Georgia, you have to use the same filing status that you used on your federal tax return, with one exception.  If one spouse is a resident and the other is a nonresident without any Georgia-source income, your Georgia return may be filed jointly or separately.  How you answer the interview questions in the "About me" section and in the Georgia State Taxes section will determine whether you are given the choice to change filing status from what is on federal return.     
Thanks, Vanessa. If I list my unreimbursed expenses (veterinary care, training, food, etc.) as cash donations on my taxes, and the 501(c)3 for which I'm fostering doesn't declare that amount as a con... See more...
Thanks, Vanessa. If I list my unreimbursed expenses (veterinary care, training, food, etc.) as cash donations on my taxes, and the 501(c)3 for which I'm fostering doesn't declare that amount as a contribution on its taxes, is that an issue for the rescue group?
If you already filed, or you can't find this option in TurboTax, you can apply for a payment plan (Form 9465) at the IRS Payment Plans and Installment Agreements website.  Make sure you've filed your... See more...
If you already filed, or you can't find this option in TurboTax, you can apply for a payment plan (Form 9465) at the IRS Payment Plans and Installment Agreements website.  Make sure you've filed your return before applying through their site.   If you haven't filed yet, go to File, and on the How do you want to pay your federal taxes? screen, select Request an IRS payment plan.   Most states offer an installment payment plan as well, although the procedure varies from state to state. You can contact your state Department of Revenue for details.   Payment Plan in TurboTax
 You have to report your carryover every year.  If you don't amend your 2023 tax return, you will lose $3,000 because you can't  "skip" a year and carry the loss forward.     Refer to the TurboTa... See more...
 You have to report your carryover every year.  If you don't amend your 2023 tax return, you will lose $3,000 because you can't  "skip" a year and carry the loss forward.     Refer to the TurboTax article What is a capital loss carryover? and How do I enter my capital loss carryover? for more information.   Since your capital loss carryover didn't transfer,  refer to the TurboTax article How do I enter my capital loss carryover? for navigation instructions to enter it.