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April 15, 2025
4:11 PM
No. If you are a dependent on your parents return, you do not need to enter the 1095-A on your return.
April 15, 2025
4:11 PM
You are posting your question from online Deluxe--you do not appear to be posting from Live Assisted that includes help from an expert. Because you have unemployment to enter, you cannot use the Fr...
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You are posting your question from online Deluxe--you do not appear to be posting from Live Assisted that includes help from an expert. Because you have unemployment to enter, you cannot use the Free Edition, so you have to upgrade to a paid version of "do-it-yourself" online software. You will also have a fee for the corresponding state return.
How can I see my TurboTax fees?
https://ttlc.intuit.com/turbotax-support/en-us/help-article/intuit-account-billing/review-fees-turbotax-online/L1XnIzgzg_US_en_US?uid=m682vq7k
If your TurboTax fees are higher than expected, you can reduce them by removing add-ons (BEFORE you e-file) :
Remove Premium Services
Remove MAX Defend & Restore
Remove a state
Remove PLUS Help & Support
Remove Pay With Your Refund
April 15, 2025
4:10 PM
As DavidD66 stated, if this is a personal residence it is not a deductible expense. Cutting down a tree does not qualify for any of the current home energy credits either. If the tree was part of a ...
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As DavidD66 stated, if this is a personal residence it is not a deductible expense. Cutting down a tree does not qualify for any of the current home energy credits either. If the tree was part of a home improvement, the cost can be added to the cost basis for when you sell the home and then deducted from your sales price. However, until you sell the home, this is not a deductible expense.
April 15, 2025
4:10 PM
For billing issues, you will need to contact TurboTax customer support. Please see How do I contact TurboTax?
April 15, 2025
4:10 PM
Personal loans don't normally qualify but maybe yours does. From Topic No. 453, Bad Debt Deduction:
If someone owes you money that you can't collect, you may have a bad debt. For a discussion of wh...
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Personal loans don't normally qualify but maybe yours does. From Topic No. 453, Bad Debt Deduction:
If someone owes you money that you can't collect, you may have a bad debt. For a discussion of what constitutes a valid debt, refer to Publication 550, Investment Income and Expenses and Publication 334, Tax Guide for Small Business (For Individuals Who Use Schedule C). Generally, to deduct a bad debt, you must have previously included the amount in your income or loaned out your cash. If you're a cash method taxpayer (most individuals are), you generally can't take a bad debt deduction for unpaid salaries, wages, rents, fees, interests, dividends, and similar items of taxable income. For a bad debt, you must show that at the time of the transaction you intended to make a loan and not a gift.
@ih3bbvk914
April 15, 2025
4:09 PM
I was happy to see that Intuit added an easy way to enter Canadian RIF income under wages and income. Last year I was told by TurboTax “tax experts” to enter the NR4 as social security. The problem w...
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I was happy to see that Intuit added an easy way to enter Canadian RIF income under wages and income. Last year I was told by TurboTax “tax experts” to enter the NR4 as social security. The problem with the new feature is there isn’t a field to enter the tax withheld at source. The tax treaty between Canada and the US calls for a 15% tax on RIF income. Most US residents receiving a Canadian RIF payment detailed on a NR4 would have a tax withholding amount. It should be easy for Intuit to add a tax withholding field and automatically enter the withheld amount as a foreign tax credit. The current system of manually entering the RIF income paid as a foreign tax credit is horrific. I had to speak with several Turbo Tax “tax experts” before I found one who could walk me through how to enter the foreign tax credit on the RIF income. I hope Intuit takes note of this request as a nice enhancement for 2025 taxes.
April 15, 2025
4:09 PM
It depends. Per the IRS, gambling winnings on Form W-2G if:
The winnings (not reduced by the wager) are $1,200 or more from a bingo game or slot machine;
The winnings (reduced by the wager) a...
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It depends. Per the IRS, gambling winnings on Form W-2G if:
The winnings (not reduced by the wager) are $1,200 or more from a bingo game or slot machine;
The winnings (reduced by the wager) are $1,500 or more from a keno game;
The winnings (reduced by the wager or buy-in) are more than $5,000 from a poker tournament;
The winnings (except winnings from bingo, slot machines, keno, and poker tournaments) reduced, at the option of the payer, by the wager are:
$600 or more, and
At least 300 times the amount of the wager
However, you must report all gambling winnings, even if you do not receive a W-2G. You can deduct your losses up to the extent of your winnings, but only if you itemize your deductions.
@Anthony2016
April 15, 2025
4:09 PM
I recommend going back into the state interview section and reviewing your answers again. Sometimes, there is an option to edit specific sections and it sounds like that applies to your return. Eac...
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I recommend going back into the state interview section and reviewing your answers again. Sometimes, there is an option to edit specific sections and it sounds like that applies to your return. Each state is slightly different but here is a general guide of how to make those changes.
Log back into TurboTax and proceed to the state section of the program.
Proceed to go through the state interview again. If you get a screen that looks similar to following screen letting you know your state return is ready for a check, scroll down and select edit to the right of the section for Income and adjustments. This will allow you to see which options you are able to edit on your state interview section.
In this example, California then has a section breaking down income handled differently by the state. Select edit/revisit to the right of the applicable section based upon your state return and make any corrections as needed.
April 15, 2025
4:09 PM
I am somewhat confused because I spoke with live help and they told me to enter the value of the land since it wasn' depreciated, even though that didn't sound right. Old prop: sold for $386, 500...
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I am somewhat confused because I spoke with live help and they told me to enter the value of the land since it wasn' depreciated, even though that didn't sound right. Old prop: sold for $386, 500 (originally purchased in 1990 for $94,000 and I don't have the original depreciation schedule from back then, but the structure value that I think they used to depreciate was $45, 623 We also got a check for excess funds after all commissions were paid of 14K New Property: bought for $343,000
April 15, 2025
4:09 PM
I have already verified my identity with the 15 digit number they sent me in the mail but my transcript still shows the 570 code and my refund status still says accepted.. can anyone help me ?
April 15, 2025
4:08 PM
where's the forms icon on the online version?
April 15, 2025
4:08 PM
I fie taxes for my mother in law who is 94. I filed her 2022 taxes and they were accepted. Last year (2023) I filed them and they were rejected. Unfortunately I use her phone and email on the form...
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I fie taxes for my mother in law who is 94. I filed her 2022 taxes and they were accepted. Last year (2023) I filed them and they were rejected. Unfortunately I use her phone and email on the form and so did not see wither the rejection or code. I did not realize this til I was in the process of preparing this year's taxes. She owes nothing and would receive back less that $100 so I was not concerned and thought I could file them after the 2024 taxes. I did his years taxes for her and as last year. TurboTax indicated no errors. I used my phone number this year as her contact and got a rejection notice again. Since I did not have access to her email I went on the program and selected the last item on the pull down menu which is filing status. I hit "fix my return" and it indicated I had to correct her last year AGI. As it indicated in the directions since there was no last year return I entered 0. When that popped up I changed it to 0.00 and it indicated I should resubmit. Now I'm waiting to see if it net through. Is there anything else I can do? If rejected I will file for an extension and submit late I guess. Thanks
April 15, 2025
4:08 PM
Please see How do I remove TTLive?
April 15, 2025
4:08 PM
To remove this from your return:
Federal or Federal Taxes if working in the desktop version
Income or Wages and Salaries if working in the Desktop Version
Other Tax Situations
Prep...
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To remove this from your return:
Federal or Federal Taxes if working in the desktop version
Income or Wages and Salaries if working in the Desktop Version
Other Tax Situations
Prepare a Report on Foreign Assets
Answer None of the above to Tell Us About Any Foreign Bank Accounts.
Click Continue.
Answer None of the above to Tell Us About Any Foreign Trusts.
Click Continue.
Answer No, I don’t have foreign financial assets to Foreign Financial Assets.
Click Continue
If this doesn't remove the entry, try this:
In Turbo Tax Online:
Tax tools
Tools
Delete a Form
Look for Form 8938 and delete it and all of the worksheets associated with it
In Turbo Tax Software
Go to the forms mode in your program
Look for form 8938 and all worksheets associated with.
Delete the form and the worksheets
April 15, 2025
4:07 PM
I followed the instructions step-by-step (and indicated not a conversion to Roth IRA et al) and it still increased my AGI.
April 15, 2025
4:07 PM
Correct, Alabama only exempt pension from the Alabama police retirement system. See Income Exempt from Alabama Income Taxation
April 15, 2025
4:06 PM
You can file your extension at our Easy Extension website.
How do I file an IRS tax extension?
How do I file an extension for my personal state taxes?
April 15, 2025
4:06 PM
Yes, requesting an extension is a good idea if you don't have all the necessary information for your Foreign Tax Credit.
Here's how you can do it in TurboTax:
Sign in to TurboTax.
S...
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Yes, requesting an extension is a good idea if you don't have all the necessary information for your Foreign Tax Credit.
Here's how you can do it in TurboTax:
Sign in to TurboTax.
Select File an extension in the menu or go to extension.
You can also select Tax Tools then Tools from the menu and choose File an extension.
Follow the instructions to e-file your extension. Note: You can't file an extension after April 15, 2025.
April 15, 2025
4:06 PM
The amount of the employee contributions should be found in box 9b of the CSA-1099R Civil Service annuity form.
If the employee contributions are not found there, you will have to contact the O...
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The amount of the employee contributions should be found in box 9b of the CSA-1099R Civil Service annuity form.
If the employee contributions are not found there, you will have to contact the Office of Personnel Management.
April 15, 2025
4:05 PM
It sounds like there are errors with your 1099-B import. I suggest you delete it and import it again. If the problem persists, the I recommend you type it in yourself.
While working in your...
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It sounds like there are errors with your 1099-B import. I suggest you delete it and import it again. If the problem persists, the I recommend you type it in yourself.
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