All Posts

Have you filed a request of extension of time to file? If so, you might send us a token (see below) and let an agent try to find the source of the farming issue. You can file your extension at our Easy Extension website.   You can send us a “diagnostic” file that has your “numbers” but not your personal information.  If you would like to do this, please follow these instructions:    In TurboTax Online, open your return, go to the black panel on the left side of your program and select Tax Tools.  Then select Tools below Tax Tools. A window will pop up which says Tools Center. On this screen, select Share my file with Agent. You will see a message explaining what the diagnostic copy is.  Click okay through this screen and then you will get a Token number. You may wish to snap a screenshot to post instead of the actual number. Reply to this thread with your Token number (including the dash) and tag (@) the Expert requesting the token from you. Please include any States that are part of your return - this is VERY important. If you are using TurboTax for Desktop, go to Online in the top menu, then choose "Send Tax File to Agent."   We will then be able to see the same experience you are having. If we are able to determine the cause, we'll reply here and provide you with a resolution. 

Head of Household is a tax term that does not mean "the boss" or the person who makes the rules.   Head of Household refers to a single person who pays over half the expenses of a household and who claims a qualifying dependent.     Am I Head of Household?   https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-filing-status/qualify-head-household-2021/L0NxUtVc2_US_en_US?uid=m5x19jkx What is a "qualifying person" for Head of Household?   If you qualify as Head of Household, when you enter your marital status (single or married filing separately) into MyInfo, and then enter your qualifying dependent, TurboTax will offer HOH as your filing status.  

When you have that many transactions and some (or all) of them need review, I recommend that you delete your imported 1099-B and then type it in yourself.  You don't have to type in each transaction.  You can enter totals for each Form 8949 catagory.  To do so in TurboTax, while working in your return:   In the income section, Select "Investments and Savings...."  On the page "Did you have investment income in 2024?"  Answer Yes On the page "Let's Import your tax info" click on "Enter a different way" Select "Stocks, Bonds, Mutual Funds" on the page with "OK let's start with one investment type" When asked "Which bank or brokerage is on our 1099-B?" enter the name of your or broker or mutual fund company, leave the other fields blank. Click Continue Answer the next three questions Answer Yes to "Did you buy every investment listed...." (unless you inherited or were gifted the funds) Select "Sales Section Totals" Locate your sales section totals on your 1099-B Enter your Investment Sales Section Totals and repeat till you have entered for each category. After entering all your sales section totals,  Look for "Now we'll help you upload your 1099-B since the IRS requires a copy" and follow the instructions,  or you can mail a paper copy of your 1099-B to the IRS.  If you want to mail, click on "How do I mail my statement".   Take a moment to double-check that your statements are complete. For each sale listed, there should be:  - A Description  - Date Acquired  - Date Sold  - Sales Price  - Cost Basis  - Gain or loss for each sale  - A based on how the sale was reported to you and the IRS  In some uncommon cases, there will be an adjustment code and adjustment amount.    NOTE: Any sales summaries that include only Box A or Box D sales, and which have no adjustments to gain/loss, do not need to be included on a statement mailed to the IRS.    Here's how to mail your statements:  If you are e-filing your tax return, then mail your statements along with Form 8453 to:   Internal Revenue Service Attn: Shipping and Receiving, 0254 Receipt and Control Branch Austin, TX 73344-0254

Are you required to file using an IRS IP PIN because of identity theft?  If so, you would have received a letter from them, or here's How to Find Your IP PIN.   If this doesn't apply to you, to Efile, you can enter a 5-digit PIN of your choosing, OR your AGI from last year.  Here's How to Find Last Year's AGI.   @kfa1492 

Head of Family is not a filing status, only Head of Household (HOF). To qualify for Head of Household if you must meet the requirements below: Were unmarried as of December 31, 2024 and Paid more than half the cost to run your (or a qualifying parent's) home this year (rent, mortgage, utilities, etc.) and Supported a qualifying person.   Review the TurboTax articles Guide to Filing Taxes as Head of Household,  Do I qualify for Head of Household in 2024?, and Filing Taxes as the Head of Household for more information. 

If you are trying to pay for TurboTax, please see this link for guidance on the types of payments accepted.     If you are trying to pay for your taxes due, please see can I e-file with a foreign address for guidance.   If these do not assist, you will need to contact us and ask an agent for assistance.

It means no state tax was withheld.   Whether it is taxable by your resident state or not depends on your State of Legal Residence.     From a tax standpoint, your State of Legal Residency (SLR) is considered your "domicile" or "resident" state as long as you are on active duty. Even if you are stationed in another state, you’re still considered a resident of your SLR (Home of Record).   To find out if you need to file a state tax return when you aren't stationed in your resident state, check out Military Filing Information on State Websites, which has links for active duty military and their spouses in each state. If you have nonmilitary earnings, review Civilian pay earned by active duty military.

PK -   I agree that we have established that Turbo Tax correctly determines the foreign tax credit one is eligible for using form 1116. However, I do not agree with two of the assertions in your responses.    Assertion #1. You claim in your response to my initial email query that "sometimes it is better to claim only the safe harbor amount of US$600 for MFJ filer." IRS publication 514, Foreign Tax Credit for Individuals, clearly states on page 41 under the heading Form 1116 "you must file form 1116 to claim Foreign Tax Credit unless you meet one of the following exceptions," followed by the exceptions I have discussed with you in a previous post. Nowhere does it suggest, affirm, recommend or allow the taxpayer the option of claiming only US$600 when the amount of foreign tax paid exceeds that amount. This tactic seems to be what you are advising and claiming to be a foreign tax credit safe harbor.   In addition, if you go to google and type in "safe harbor for payment of income taxes", it correctly describes the conditions that would allow you to underpay without penalty, commonly understood to be a safe harbor, to wit, 100% of last year's taxes due or 90% of current taxes due.    If, however, you google "safe harbor for foreign taxes", you get no such description, to wit, you can enter US$600 as foreign tax paid on your income tax return even if your 1099-DIV line7 shows an amount greater than US$600 in order to avoid filing form 1116. Instead, what google shows is simply the IRS instructions for form 1116.   Therefore, I think there is no such safe harbor provision for foreign taxes paid, as you claim.  If you continue to insist that such a "safe harbor"exists, you are going to have to direct me to the IRS form or publication or other tax authority that supports that.    Assertion #2. In your last post to me, you say: "(b) Turbo does not warn you about the safe harbor, because it assumes that the taxpayer knows and needs to choose the amount of Credit/Deduction. " This (b) was in response to my comment saying "I find it odd that Turbo Tax does not give filers who have a de minimis amount of foreign taxes paid over $600 the suggestion to not enter the actual amount but only the $600 amount to avoid filing form 1116."    TurboTax has no basis to assume that the taxpayer knows about the so-called "safe harbor." Also, if my memory serves correctly, Turbo Tax gives the taxpayer options in several different circumstances, for example, as to whether to take the standard deduction or to itemize. If you elect to fill in the Schedule A worksheet, it will calculate your tax based on which is more favorable. Another example is the foreign tax credit worksheet itself, where it gives you the option of whether to claim the credit or take the credit as a deduction.   Therefore, if this foreign tax credit safe harbor exists as you define it, I can think of no reason why that could not be one of your options in the foreign tax credit worksheet regardless of what you say in (b). I thought the whole point of Turbo Tax was to allow the taxpayer to pay the least amount of taxes legally required.