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It's automatic.  Assumedly you will let them know by claiming the foreign earned income credit.  But if you aren't claiming that then you can file form 8854 to let the IRS know that you are an expatr... See more...
It's automatic.  Assumedly you will let them know by claiming the foreign earned income credit.  But if you aren't claiming that then you can file form 8854 to let the IRS know that you are an expatriate.  You can file it with your return although TurboTax does not support that form so you have to print and mail your return in order to use it.   @tbernard1958 
I have 3 accounts but one I cannot access
To access your current or prior year online tax returns sign onto the TurboTax website with the User ID you used to create the account - https://myturbotax.intuit.com/   When you sign onto your o... See more...
To access your current or prior year online tax returns sign onto the TurboTax website with the User ID you used to create the account - https://myturbotax.intuit.com/   When you sign onto your online account and land on the Tax Home web page, scroll down and click on Add a state.  This will take you back to the 2024 online tax return. Click on Tax Tools on the left side of the online program screen.  Then click on Print Center.  Then click on Print, save or preview this year's return.  Choose the option Include government and TurboTax worksheets
I just switched from a CPA to Turbotax for my 2024 return. How do I download a copy of the Federal Asset Report for my rental property?   My CPA provided a copy each year with the return document. ... See more...
I just switched from a CPA to Turbotax for my 2024 return. How do I download a copy of the Federal Asset Report for my rental property?   My CPA provided a copy each year with the return document. The Turbotax PDF return did not contain a copy and I cannot locate it online under "My Documents," which only allows me to download another copy of the tax return, or to upload files. If the Federal Asset Report is contained in the .tax file, please advise how to open it. Thanks.    
How do I get the extra two months to file because I am living overseas?
Me dicen que haga una enmienda pero no deberían poder resolverlo ellos? No se si me quieren estafar
Because an FSA can be used to pay for the expenses of a spouse, it counts as "other coverage" that disqualifies you from making contributions to an HSA, even if you say you won't use the FSA money fo... See more...
Because an FSA can be used to pay for the expenses of a spouse, it counts as "other coverage" that disqualifies you from making contributions to an HSA, even if you say you won't use the FSA money for your own expenses.  This is true even if your spouse removes you from the insurance coverage, the FSA can still be used to pay for a spouse's expenses.   If the "qualifying life event" would allow your spouse to drop the FSA entirely, then you could make contributions to an HSA.  Or your spouse could change to a "limited purpose" FSA or a "post-deductible" FSA instead of a regular FSA (if the employer allows).  Those topics are described in more detail in publication 969. https://www.irs.gov/forms-pubs/about-publication-969    
Yes----child #2 is the prime suspect.   It is also possible that someone else typed in a wrong SSN on a return and that resulted in the duplicate use of the child's SSN.   If your child did not file ... See more...
Yes----child #2 is the prime suspect.   It is also possible that someone else typed in a wrong SSN on a return and that resulted in the duplicate use of the child's SSN.   If your child did not file a tax return then there is nothing to  amend.  You just need to file your own return claiming the child by mail, or get an IP PIN.
Thank you.  Just to clarify if my return has 4 individuals included:  myself, spouse (filing jointly) and two children, the "02" would be child #2?
Did you e-file?  Did you click a big orange button that said “Transmit my returns now?”     When you e-file your federal return you will receive two emails from TurboTax.  The first one will sa... See more...
Did you e-file?  Did you click a big orange button that said “Transmit my returns now?”     When you e-file your federal return you will receive two emails from TurboTax.  The first one will say that your return was submitted.  The second email will tell you if your federal return was accepted or rejected.  If you e-filed a state return, there will be a third email to tell you if the state accepted or rejected your state return.   First, check your e-file status to see if your return was accepted:  https://turbotax.intuit.com/tax-tools/efile-status-lookup/   If the IRS accepted it, what does it say here?  (Allow 24 - 48 hours after acceptance to look) https://www.irs.gov/refunds              Or does your account say “Ready to Mail?” Or “Rejected?” Or “Printed?”       If it was accepted:   Sometimes people get confused by the “summary” given by TurboTax and use the wrong amount for the federal refund.  Make sure you are only using the federal refund amount, and not an amount that combined your federal and state refunds.     Your federal refund amount is on line 35a of your Form 1040  
You may need to contact your state: List of Department of Revenue by state  List of state DOR's    If you want to check the debit date you specified, look on the filing instructions for your retu... See more...
You may need to contact your state: List of Department of Revenue by state  List of state DOR's    If you want to check the debit date you specified, look on the filing instructions for your return.  It will tell you the debit date the IRS or State will deduct the payment.  If you did not print them out you can view them using the following steps:    TurboTax Online  In TurboTax Online, sign into your account. You should be on your Tax Home page. Scroll down to Your tax returns & documents. Select 2024, and then select Add a State (you're not actually adding a state, this just gets you into the right menu). Once you're in your return, you can navigate around as usual. Click Tax Tools (in the black bar on the left of your screen) and then click select Print Center. Click Print, save or preview this year's return TurboTax CD/Download  Go into Forms Mode by clicking on the Forms icon in the top right of the blue bar.   In the Forms in My Return list on the left, click Filing Inst.  [It's usually toward the bottom of the list.]  The form will appear on the right side of the screen. You can view the form on the screen or you can print a copy by clicking the Print box at the bottom of the screen. To return to the interview, click on the Step-By-Step icon in the top right of the blue bar.  
If you didn't depreciate any assets or claim the Section 179 deduction in prior/current tax years, leave this section blank. You have no Section 179 carryovers when you have no assets for depreciation.
brokerages don't usually get this reporting wrong and make the appropriate cost basis adjustments.  What level of detail are you looking at in the 1099B - you can have a wash sale on a position sold ... See more...
brokerages don't usually get this reporting wrong and make the appropriate cost basis adjustments.  What level of detail are you looking at in the 1099B - you can have a wash sale on a position sold for a net gain, but on the underlying detailed tax lots some can have losses considered as wash sales that are disallowed and the cost basis has already been adjusted on other lots.   you keep referring to "entering a gain".  you enter proceeds and cost basis, and adjustments for wash sales, AMD etc.  TT and Form 8949 calculate the gain/loss accordingly.  If the brokerage did make errors and you're having to calculate this offline for some reason, you should have all the fields you need.  The screens are slightly different if you are entering it as Sales Summary vs. One by One.
We cannot see your screen, your return or your account.  Have you entered ALL of your 2024 information?  All your income, etc.?     There are a lot of variables that affect your refund or tax due... See more...
We cannot see your screen, your return or your account.  Have you entered ALL of your 2024 information?  All your income, etc.?     There are a lot of variables that affect your refund or tax due including how much you earned, how much tax you had withheld, your filing status, the number of dependents you claim, your deductions and credits, etc.  You may have lost Earned Income Credit or the Child Tax Credit— did a child turn 17?  If you received the EIC last year, remember that changes in the amount you earn have a big effect on the amount of EIC you can get. (Sometimes earning more money means less EIC)  Are you 65 or older ?  If so, your standard deduction is higher. Everyone has a higher standard deduction now so it is harder to use itemized deductions.   And of course, always check your own data entries, looking for errors such as misplaced decimals or extra zeros.   https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-refund/refund-go-compared-last-year/L97JmhUbi_US_en_US?uid=ld9ijm41   Print out 2023  and 2024  and compare them side by side to see what is different.    https://turbotax.intuit.com/tax-tips/tax-payments/video-why-would-i-owe-federal-taxes/L3VXudPiN     If you owe tax due, you have to pay it yourself by the filing deadline on April 15, 2025 or you will be subject to late filing penalties and interest.      If you have federal tax due you can pay by mailing your payment with the 1040V voucher, (which has the address printed on it, having the payment taken out of a designated bank account, or you can pay directly on the IRS website.    https://www.irs.gov/payments     https://ttlc.intuit.com/community/tax-payments/help/how-can-i-pay-my-federal-taxes/00/26212     https://ttlc.intuit.com/community/tax-payments/help/how-do-i-pay-my-irs-tax-due-with-a-check-or-money-order/00/26403      To apply for a payment plan with the IRS   Apply Online for a Payment Plan     You must pay your state tax due using the state’s preferred method of receiving payment.  For most states that will be by making a payment to the state’s own tax website, or by mailing a check or money order.     https://ttlc.intuit.com/turbotax-support/en-us/help-article/state-taxes/contact-state-department-revenue/L9qVToi02_US_en_US?uid=m6e06um0   WHAT IF I CANNOT PAY MY TAX DUE? https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-payments/pay-taxes/L8aQBCpPO_US_en_US?uid=m9iryksw    
If you live in certain disaster areas, the IRS will recognize your automatic extension to May 1 by your zip code.  But it is now too late to request a longer extension.   As Champ @Mike9241 said, if ... See more...
If you live in certain disaster areas, the IRS will recognize your automatic extension to May 1 by your zip code.  But it is now too late to request a longer extension.   As Champ @Mike9241 said, if you are getting a refund or do not owe, there is no penalty for missing the deadline.  If you owe tax due, your return is now just late, so get it prepared and pay your tax due as soon as possible.
The building you use as a home office for your self-employed business may be reported as an asset for the Home Office Deduction. Repairs to your home office (not covered by insurance) would be entere... See more...
The building you use as a home office for your self-employed business may be reported as an asset for the Home Office Deduction. Repairs to your home office (not covered by insurance) would be entered as Home Office expenses.    You can find this topic in TurboTax using the Search box at the top right of the screen to find "home office deduction" and click on "jump to home office deduction."   Additional Information: Can I take the home office deduction? Where do I enter the home office deduction for my business?
Here's how to get to the summary:    Log in to your tax return at TurboTax.com; Click on Tax Tools on the left side of the screen (you may need to click on Continue in the center first); ... See more...
Here's how to get to the summary:    Log in to your tax return at TurboTax.com; Click on Tax Tools on the left side of the screen (you may need to click on Continue in the center first); Click on Tools; In the box that pops up in the center; click on View Tax Summary If you want to delete a form: If you are using: TurboTax Online: see How do I view and delete forms in TurboTax Online? TurboTax Desktop: On the top right, there is a FORMS button. Click on FORMS. Locate the form you want to delete. Click on the form name. Below the form, bottom left, select DELETE FORM button.
Enter each tax year separately under the Form 1099-G topic (use the search tool). You'll need to know how much total state income tax you paid each year (from your prior year tax return). Note the ex... See more...
Enter each tax year separately under the Form 1099-G topic (use the search tool). You'll need to know how much total state income tax you paid each year (from your prior year tax return). Note the exceptions below.   Your prior-year state or local tax refund may be taxable if you took the state and local income tax as an itemized deduction in the prior year and you benefited from the deduction (i.e., it increased your refund or lowered your taxes due.)   On the other hand, your state/local tax refund won't be taxable if: You took the standard deduction in the prior year; or You itemized and took the sales tax deduction (instead of the state/local income tax deduction); or Last year's tax return was subject to the Alternative Minimum Tax (AMT) and the amount of last year's state or local tax refund was less than the amount disallowed under AMT. When you enter your state or local tax refund (usually reported on Form 1099-G), TurboTax will help you determine if it's taxable income.