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I would expense the $3,000 for painting as a repairs & maintenance expense.  
99-9999000   I found it on an earlier message chat on turbo.  It worked for now.   I also flagged it to a turbo rep, since i had another issue, as something that turbo should try and better address ... See more...
99-9999000   I found it on an earlier message chat on turbo.  It worked for now.   I also flagged it to a turbo rep, since i had another issue, as something that turbo should try and better address for next year. . Including allowing us to upload the statement from UNJSPF  good luck.     
You can contact TurboTax Customer service using this link: Turbo Tax Customer Service.
Form 1099-NEC generates a lot of tax because that income is treated as "Self-Employment" income and you're charged "Self-Employment" tax.   As an employee, your employer withholds half your FICA ... See more...
Form 1099-NEC generates a lot of tax because that income is treated as "Self-Employment" income and you're charged "Self-Employment" tax.   As an employee, your employer withholds half your FICA payment (Social Security payment) from your pay and then they pay the other half and they send it in.  As a Self-Employed Taxpayer, you pay both halves and you pay it through your tax return.    This is added near the end of the computations since some credits and deductions are not allowed to reduce the payment.    You can look at your tax return, look at Schedule 2 line 4, that's where the self-employment tax is listed. This tax gets carried over to your 1040 line 17.   The federal income taxes you paid on your W-2 will be listed on your 1040 line 25a. Make sure they are reported there.    HERE is how to look at your tax return Online.   
If you only paid points one time, you will only enter them one time. 
Yes you can correct your email address without starting over.   Follow these steps to update your email address: Sign in to your Intuit account. Select Sign in & security. Select Email... See more...
Yes you can correct your email address without starting over.   Follow these steps to update your email address: Sign in to your Intuit account. Select Sign in & security. Select Email address. Enter your new email address, confirm it and select Save. If you no longer have access to your email address and can't sign in to your TurboTax account, fill out our Account Recovery Request Submission Form.      
In TurboTax Online, report the IRS form 1099-R as follows:   Down the left side of the screen, click on Federal. Down the left side of the screen, click on Wages & income. Click the down... See more...
In TurboTax Online, report the IRS form 1099-R as follows:   Down the left side of the screen, click on Federal. Down the left side of the screen, click on Wages & income. Click the down arrow to the right of Retirement Plans Social Security. Click to the right of IRA 401K Pension Plan Withdrawals. Select Add another 1099-R. At the screen Let's import your tax info, select Change how I enter the form. At the screen How would you like to upload your 1099-R, select Type it in myself. At the screen Who gave you a 1099-R, select the correct distribution.  Select Continue. Continue through the entry screens. In TurboTax Desktop, report IRS form 1099-R as follows:   Across the top of the screen, click on Federal Taxes. At the top of the screen click on Wages & Income. Select I'll choose what I work on. At the screen How do you want to enter your income?, click I'll choose what I work on. Click to the right of IRA, 401K, Pension Plan withdrawals. At the screen Let Us Enter Your 1099-R, select I'll type it in myself.
It depends. Depending on other factors, it may still be better to file jointly. If you live in a community property state (Arizona, California, Idaho, Louisiana, Nevada, New Mexico, Texas, Washington... See more...
It depends. Depending on other factors, it may still be better to file jointly. If you live in a community property state (Arizona, California, Idaho, Louisiana, Nevada, New Mexico, Texas, Washington, and Wisconsin), you will need to split your community income evenly even if filing separately; the rules vary by state. Also, some tax benefits aren't available for Separate filing status.   You can use TurboTax Online to test different scenarios before deciding to file jointly or separately. Click here for more information from TurboTax on how to decide which filing status to choose.   Click here for tax tips for community property states.   As others have stated, you only have until the due date of the return to change a joint return to separate, regardless of extensions. After it's changed to separate, yes you can still go back to Joint.   If one spouse has a tax debt that originated prior to the marriage, you can still file jointly and can apply for Injured Spouse relief.   The IRS will determine whether you qualify for injured spouse relief based on your application Form 8379 independently of the processing of the seized refund, which is handled by the Department of Treasury's Bureau of the Fiscal Service (BFS). See IRS Tax Topic 203 for more information.   The injured spouse on a jointly filed tax return files Form 8379 to get back their share of the joint refund when the joint overpayment is applied to a past-due obligation of the other spouse.   Generally: If you file Form 8379 with a joint return electronically, the time needed to process it is about 11 weeks. If you file Form 8379 with a joint return on paper, the time needed is about 14 weeks. If you file Form 8379 by itself after a joint return has already been processed, the time needed is about 8 weeks.   The IRS will calculate the amount of refund you can claim. If you live in a community property state, they divide the refund based on state community property law. See this IRS webpage and this TurboTax tips article for more information.  
The fee you paid for using TurboTax is separate from what you scheduled for direct debit from your bank account.  Even though you may have put the day you want to have your money debited, the state m... See more...
The fee you paid for using TurboTax is separate from what you scheduled for direct debit from your bank account.  Even though you may have put the day you want to have your money debited, the state may or may not do it exactly on the day you specified.  So make sure you have the money there when the transaction is made.  So before you transmitted your return, you would have been given options on how you wanted to pay.  Without knowing what state you filed with, I can be general.  But if on the way to completing your return, if you gave up bank account info and a payment date to have the money come out of your bank account, you only need to wait until that happens.  You can always look at your return to see if that is what you chose.
Should I also only list 50 percent of the value of the house when it asks for the fair market value ?
I think the 2025 estimated payment vouchers are separate from your 2024 payment and any plan for that.   To avoid an underpayment penalty in 2025 you need to have paid thru withholding or timely es... See more...
I think the 2025 estimated payment vouchers are separate from your 2024 payment and any plan for that.   To avoid an underpayment penalty in 2025 you need to have paid thru withholding or timely estimated taxes, either 100% of your 2024 tax (110% if AGI > 150k) or 90% of your 2025 tax, whichever is smaller (the 'safe harbor' amount).  By default TT will calculate ES vouchers for 2025 based on paying "100% of your 2024 tax" and assumes your 2025 withholding will be the same as 2024, and the difference is made up by estimated tax divided into 4 equal quarters.  If you go thru the interview questions under Other Tax Situations / Form W4 and Estimated Taxes you can provide estimates for 2025 which will likely then trigger the "90% of 2025 tax" option and reduce the vouchers to a more sensible level.  The "100% of 2024 tax" method is useful if you expect a significant increase in taxable income in 2025 e.g. Roth conversion.
Since she didn't file a tax return in 2023, you shouldn't use the AGI from 2023.  Try entering 0 instead.    How do I find last year's AGI?
You started using the furniture for business purposes in 2024 and may depreciate the furniture in 2024.
TurboTax automatically creates four estimated tax payment vouchers for you to print out with your tax return.   These do not get transmitted to the IRS. You do not have to use them.   You can... See more...
TurboTax automatically creates four estimated tax payment vouchers for you to print out with your tax return.   These do not get transmitted to the IRS. You do not have to use them.   You can discard them if you like.