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May 2, 2025
10:36 AM
If your refund was adjusted you will receive a letter explaining why.
May 2, 2025
10:36 AM
Your refund could be offset. The IRS and State Governments have the ability to offset a refund to pay for certain past due debts. You generally will receive a letter stating what the offset was f...
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Your refund could be offset. The IRS and State Governments have the ability to offset a refund to pay for certain past due debts. You generally will receive a letter stating what the offset was for. The IRS provides a toll-free number, (800) 304-3107, to call for information about tax offsets.
May 2, 2025
10:35 AM
According to my turbo tax return I should of received a refund of $600+, but all I got was $22
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May 2, 2025
10:35 AM
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May 2, 2025
10:22 AM
1 Cheer
Since it is a thousand dollars I would deduct it as either a repair or a management cost. Either is fine.
@RD94043
May 2, 2025
10:17 AM
This could be a scam. Contact the state and speak with an agent to verify -
See this TurboTax support FAQ for state department of revenue contacts - https://ttlc.intuit.com/turbotax-support/en-us/...
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This could be a scam. Contact the state and speak with an agent to verify -
See this TurboTax support FAQ for state department of revenue contacts - https://ttlc.intuit.com/turbotax-support/en-us/help-article/state-taxes/contact-state-department-revenue/L9qVToi02_US_en_US?uid=ma7236hy
The IRS only retains federal tax returns for the past seven years, so they will not have a copy of the 2010 federal return.
May 2, 2025
10:15 AM
Sorry- TurboTax and the IRS save returns for seven years. A 2010 return is long gone.
May 2, 2025
10:09 AM
The mid-quarter convention. Use this convention if the mid-month convention does not apply and the total depreciable bases of MACRS property you placed in service during the last 3 months of the tax...
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The mid-quarter convention. Use this convention if the mid-month convention does not apply and the total depreciable bases of MACRS property you placed in service during the last 3 months of the tax year......are more than 40% of the total depreciable bases of all MACRS property you placed in service during the entire year. Did you place other assets in service during the 2019 tax year?
May 2, 2025
10:08 AM
My rental unit had a SA of under $1000 in 2024 to pay for the engineering and architectural work in preparation to install a new HVAC. This does not include the HVAC itself as each owner will be free...
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My rental unit had a SA of under $1000 in 2024 to pay for the engineering and architectural work in preparation to install a new HVAC. This does not include the HVAC itself as each owner will be free to install or not in the future. Thees plans however ensure that all the units are installed in a consistent manner with minimal re-approval by the HOA when an owner decides to install. So, should this engineering design cost, which was not optional, be deducted as a repair (1 yr), depreciated improvement (27 yr) or simply a management cost added to the monthly HOA dues for the year? TIA
May 2, 2025
10:08 AM
For some reason I got a garnishment notice from the state I mostly and currently live in. The tax year they are saying I owed taxes, 2010, I lived and worked in a different state.
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May 2, 2025
10:06 AM
Don't enter zeroes in any of the required fields of TurboTax. Leave the spaces blank for the time that you didn't have your Marketplace Health Insurance.
To return to the entry screens to edit ...
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Don't enter zeroes in any of the required fields of TurboTax. Leave the spaces blank for the time that you didn't have your Marketplace Health Insurance.
To return to the entry screens to edit your entries, refer to the TurboTax Help article Where do I enter my 1095-A? for navigation instructions.
May 2, 2025
10:04 AM
If you are referring to your federal refund, you can check your federal refund status here . For additional information, refer to the TurboTax article Where’s My Tax Refund? How to Check Your Refund ...
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If you are referring to your federal refund, you can check your federal refund status here . For additional information, refer to the TurboTax article Where’s My Tax Refund? How to Check Your Refund Status for additional information.
You can contact the IRS at 800-829-1954 also.
May 2, 2025
10:01 AM
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May 2, 2025
9:54 AM
1 Cheer
I can't duplicate your error. You should clear your cache and cookies.
Here's how to clear your cache.
Here's how to delete your cookies.
@davidmilesfriedman
May 2, 2025
9:53 AM
Did you e-file your tax return and was it accepted? Only the IRS and your State control when and if a Federal or State tax refund is Approved and Issued.
You complete your tax return by finish...
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Did you e-file your tax return and was it accepted? Only the IRS and your State control when and if a Federal or State tax refund is Approved and Issued.
You complete your tax return by finishing all 3 Steps in the File section. In Step 3, to e-file your tax return, you must click on the large button labeled "Transmit my returns now".
After completing the File section and e-filing your tax return you will receive two emails from TurboTax. The first email when your tax return was transmitted and the second email when the tax return has either been accepted or rejected.
Note - Once a tax return has been Accepted by the IRS or a State, TurboTax receives no further information concerning the tax return or the status of any tax refund. Only the taxpayer listed on the tax return can obtain the status of a tax refund or a tax return.
To check the status of an e-filed return, open up your desktop product or log into your TurboTax Online Account. You can find your status within the TurboTax product. If accepted by the IRS use the federal tax refund website to check the refund status - https://www.irs.gov/refunds
If accepted by the state use this TurboTax support FAQ to check the state tax refund status - https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-refund/track-state-refund/L3jgO8PGs_...
After the tax return has been Accepted by the IRS (meaning only that they received the return) it will be in the Processing mode until the tax refund has been Approved and then an Issue Date will be available on the IRS website. See this IRS website for federal tax refund FAQ's - https://www.irs.gov/refunds/tax-season-refund-frequently-asked-questions
May 2, 2025
9:53 AM
What I would do on the old computer, is copy the whole Turbo Tax folder that is under your Documents. That should be where the .tax files and pdf files are stored. Also if you haven't done it, I woul...
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What I would do on the old computer, is copy the whole Turbo Tax folder that is under your Documents. That should be where the .tax files and pdf files are stored. Also if you haven't done it, I would open each year in the program and save it as a pdf file, go to FILE - SAVE TO PDF so you don't need the program installed to view your return. Copy that folder to a flash drive or best yet is to burn it to a CD or DVD and then you will have a backup of them. Then on the new computer copy the folder (or files) from the flash drive to your Documents folder. You only need the tax return data file ending in .tax2023 to transfer into 2024 or .tax2024 to transfer into next year. You can't transfer the programs. They have to be installed from the CD or Download. You don't need to install older programs unless you need to amend or you didn't save the pdf file. And they only support the last 3 years. If you install an older year you won't be able to update it or download any state programs, so you won't be able to open your return. See this article on how to move your tax return to another computer……. https://ttlc.intuit.com/community/tax-data-file/help/how-do-i-move-my-tax-data-file-to-another-computer/00/26128
May 2, 2025
9:50 AM
May 2, 2025
9:49 AM
I'm taking over from a CPA and using turbotax Business to fill 2024 1041 return When I depreciate a water heater for a residential rental property, I'm surprised that TurboTax uses 200DB/HY even tho...
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I'm taking over from a CPA and using turbotax Business to fill 2024 1041 return When I depreciate a water heater for a residential rental property, I'm surprised that TurboTax uses 200DB/HY even though I specified that the "Date in Service" is 11/15/19. Here are the parameters: Description: Water Heater Date in service: 11/15/2019 This asset was used 100% for business Description of asset: Tools, Machinery, Equipment, Furniture -> Rental property furnishing Amount paid: $1099. No special depreciation deduction in prior years. When I take a look at Form 4562, TurboTax uses 200DB/HY when it should be 200DB/MQ since the asset was put in service the last 3 months of the year. What am I doing wrong?
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May 2, 2025
9:48 AM
So when i get a new computer with Windows 11 and have all the TurboTax programs installed on my older Windows 10 computer how will I transfer all of them top new computer? Will TurboTax have a quick ...
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So when i get a new computer with Windows 11 and have all the TurboTax programs installed on my older Windows 10 computer how will I transfer all of them top new computer? Will TurboTax have a quick method to transfer them all? Thanks
May 2, 2025
9:39 AM
What kind of loss are you looking for? Capital loss carryover? Net operating loss carryforward? Something else?
If you properly carried over capital losses from year to year, the capital loss car...
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What kind of loss are you looking for? Capital loss carryover? Net operating loss carryforward? Something else?
If you properly carried over capital losses from year to year, the capital loss carryover for the current year (from 2023 to 2024) includes the cumulative losses for all previous years. The capital loss carryover is on Schedule D line 6 (short-term) and line 14 (long-term). The amounts on Schedule D lines 6 and 14 come directly from the Capital Loss Carryover Worksheet.