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MS is stopping support Windows 10 that made me to update computer to Windows 11and reinstall tourbotax for last 10yrs from 2015 (ignoring before that) . They are working until TT2019 the 14 character... See more...
MS is stopping support Windows 10 that made me to update computer to Windows 11and reinstall tourbotax for last 10yrs from 2015 (ignoring before that) . They are working until TT2019 the 14 characters code does not recognize. I heard that IRS can reach back 19yrs if they want.  Why TurboTax ignore my paid version software? MS and TT are two companies create a headache to their customers. What the hll. Anyone has a decent explanation?
To access your prior year online tax returns sign onto the TurboTax website with the User ID you used to create the account - https://myturbotax.intuit.com/   Start the 2024 online tax return by ... See more...
To access your prior year online tax returns sign onto the TurboTax website with the User ID you used to create the account - https://myturbotax.intuit.com/   Start the 2024 online tax return by entering some personal information then click on Tax Home on the left side of the screen.   On the Tax Home webpage - Scroll down to the section Your tax returns & documents.  Click on the Year and Click on Download/print return (PDF)    If you used the desktop CD/Download editions installed on your computer, the only copy of your tax data file and any PDF's will be on the computer where the return was created.  TurboTax does not store online any returns completed using the desktop editions.   Or go to this IRS website for free federal tax return transcripts - https://www.irs.gov/individuals/get-transcript For a fee of $30 you can get a complete federal tax return from the IRS by completing Form 4506 - http://www.irs.gov/pub/irs-pdf/f4506.pdf
A W-2 can only be provided by the employer.   If you cannot obtain the W-2 from your employer, then for a fee you can get a complete copy of a W-2 from the Social Security Administration - https:... See more...
A W-2 can only be provided by the employer.   If you cannot obtain the W-2 from your employer, then for a fee you can get a complete copy of a W-2 from the Social Security Administration - https://faq.ssa.gov/en-us/Topic/article/KA-02501   You can get a free Wage and Income transcript from the IRS - https://www.irs.gov/individuals/get-transcript   For a fee of $30 you can get a complete federal tax return to include copies of W-2's, if you mailed the tax return and included a paper W-2, from the IRS by completing Form 4506 - http://www.irs.gov/pub/irs-pdf/f4506.pdf   See this IRS Tax Topic - http://www.irs.gov/taxtopics/tc159.html
To access your prior year online tax returns sign onto the TurboTax website with the User ID you used to create the account - https://myturbotax.intuit.com/   Start the 2024 online tax return by ... See more...
To access your prior year online tax returns sign onto the TurboTax website with the User ID you used to create the account - https://myturbotax.intuit.com/   Start the 2024 online tax return by entering some personal information then click on Tax Home on the left side of the screen.   On the Tax Home webpage - Scroll down to the section Your tax returns & documents.  Click on the Year and Click on Download/print return (PDF)   If you used the desktop CD/Download editions installed on your computer, the only copy of your tax data file and any PDF's will be on the computer where the return was created.  TurboTax does not store online any returns completed using the desktop editions.   Or go to this IRS website for free federal tax return transcripts - https://www.irs.gov/individuals/get-transcript For a fee of $30 you can get a complete federal tax return from the IRS by completing Form 4506 - http://www.irs.gov/pub/irs-pdf/f4506.pdf
  The tax relief postpones various tax filing and payment deadlines that occurred from Jan. 7, 2025, through Oct. 15, 2025 (postponement period). As a result, affected individuals and businesses wil... See more...
  The tax relief postpones various tax filing and payment deadlines that occurred from Jan. 7, 2025, through Oct. 15, 2025 (postponement period). As a result, affected individuals and businesses will have until Oct. 15, 2025, to file returns and pay any taxes that were originally due during this period.   Relief eligibility is determined by ZipCode.   @raforrister   
Bought land selling off a track of the land value of the track will not exceed the value of the total property borrowed on, so will I pay capital gains
I'M TRYING TO REACH A HUMAN BEING CUSTOMER SERVICE REP TO ANSWER MY QUESTION. YOUR DUMB AI IS NOT PROGRAMED TO CONNECT ME, BUT HAS ASKED ME THE SAME QUESTIONS SIX TIMES NOW. HOW HARD IS IT TO PROV... See more...
I'M TRYING TO REACH A HUMAN BEING CUSTOMER SERVICE REP TO ANSWER MY QUESTION. YOUR DUMB AI IS NOT PROGRAMED TO CONNECT ME, BUT HAS ASKED ME THE SAME QUESTIONS SIX TIMES NOW. HOW HARD IS IT TO PROVIDE A PHONE NUMBER INUTIT?
Is there anything special about an estate "final tax return" for a deceased person?  Or like mentioned above, the "Business" TurboTax should do just fine?
Unfortunately it's about $2900.  It was sent to their house in 2024 when no one lived in the house.  So got lost in the shuffle.  H&R wants $400 to do a simple final estate tax return with one $2900 ... See more...
Unfortunately it's about $2900.  It was sent to their house in 2024 when no one lived in the house.  So got lost in the shuffle.  H&R wants $400 to do a simple final estate tax return with one $2900 input.  Crazy.
Are you talking about TurboTax or something else? Only SELL transactions go on your tax return.   @twde191226 
Are you amending or filing? If the total income was no more than $600, you don't have to file estate tax.   @thisblows 
You do not file quarterly tax returns. You file one tax return at the end of the year. If you are self-employed you probably have to make quarterly estimated tax payments. An estimated tax paymen... See more...
You do not file quarterly tax returns. You file one tax return at the end of the year. If you are self-employed you probably have to make quarterly estimated tax payments. An estimated tax payment is just a payment. There is no quarterly tax return to file. You could use TurboTax to help you calculate how much you should pay, but you cannot make the payment with TurboTax.  
You can download and print it from the IRS web site.  Your employer might allow you to enter the information online if they have an online employee management system.  But the various tools that will... See more...
You can download and print it from the IRS web site.  Your employer might allow you to enter the information online if they have an online employee management system.  But the various tools that will suggest how to fill it out, won't submit it for you.  You either need to ask your employer or print a copy to give to them. 
That'd double up the total to $2424 showing a 100% gain. It clearly states enter loss as a negative.  TurboTax amendment functionality issue and it's surprising to see a company trading on NASDAQ for... See more...
That'd double up the total to $2424 showing a 100% gain. It clearly states enter loss as a negative.  TurboTax amendment functionality issue and it's surprising to see a company trading on NASDAQ for $800 a share to have such issues. 
Thank you again!   1. A US person having a foreign tax home ( Dubai) and working for a local entity. Yes.  she  is a U.S. Citizen working for a school in Dubai. 2. Having met the Physical Presence... See more...
Thank you again!   1. A US person having a foreign tax home ( Dubai) and working for a local entity. Yes.  she  is a U.S. Citizen working for a school in Dubai. 2. Having met the Physical Presence Test ( 330 days away from US  in a continuous 12 month test period), she is eligible to exclude the  foreign income that falls both within the test period and the tax year under consideration. --- hope this makes sense.    Yes it does - she now qualifies under the bona fide residence test.   3. Because ( per your explanation), the taxpayer is getting part of her remuneration as wages and the rest as  a deposit into an investment account ( shares of the entity ? ), her total remuneration is to be included as Foreign Earned Income  ( So it is wages plus this extra bit as wages  + housing + COLA etc. etc. ) --- does this make sense ?  Yes it does - It makes sense the retirement benefit payment by the employer is current income -as it is not going into any tax deferred 401K or IRA program.   4. Absent a totalization agreement between US SSA and the local govt. , the taxpayer is subject to SECA  ( same as FICA but at the full 15.3 % because there is no employer participation).  Use Schedule-SE.  Just make sure that the Schedule-SE has the correct total remuneration entered ( it may  not flow from form 2555 that you use for  Foreign Earned income Exclusion ).  For many the easiest way is to use a Schedule- C  --  self-employed --- as the entry point of income and then  ( go to  Foreign Earned Income Exclusion , ) make sure  form 2555 has the same income as Schedule-C.  This will result in auto population of Schedule-SE.  Just be careful that there is no doubling of the income.  Thank you for your input on this.     There is no totalization agreement between the U.S. and the U.A.E.  Because it is a foreign school with no location / base in the U.S  - the school does not pay into  Social Security nor do they collect Social Security payments from the employees.  I don't think she considered paying into Social Security as self employed (As the school employs her)  and also her foreign income exclusion.  I will advise her to look into that.  5. Since this way the "Extra bit  of income" is being recognized / taxed, the basis of the  stocks is established. Thus when she disposes of these , it will be a simple capital gain and tax thereon.      Does this make sense ?   Yes, Thank you very much!   Is there more I can do for you ?  Not that I am aware of.  Thank you again!        
Here is an article about domicile. https://accountinginsights.org/what-is-the-illinois-183-day-rule-for-tax-residency/   Here is California's web page. https://www.ftb.ca.gov/file/personal/re... See more...
Here is an article about domicile. https://accountinginsights.org/what-is-the-illinois-183-day-rule-for-tax-residency/   Here is California's web page. https://www.ftb.ca.gov/file/personal/residency-status/part-year-and-nonresident.html   Your domicile is determined by where you live most of the time and where you consider your permanent home to be.  Owning investment property in any particular place does not change your domicile.   However, if you are a non-resident of California, you will still owe California state income tax on any California-sourced income, such as a rental property in California (assuming you actually show a net profit, your goal is to show a loss).  You will need to file a CA nonresident return to report the rental property income and expenses, in addition to an Illinois return to report all your world-wide income (plus a part year resident for NY, at least for 2025).   Regarding mortgage, the interest you pay is a rental expense, but not the principal.  So you would not deduct anything for your down payment, but you can deduct the interest.  Ideally you want to have a positive cash flow but show zero taxable income or maybe a loss, by matching your rent to your expenses including depreciation.  However, the exact math is not something I can help with, you would want to talk to an experienced accountant who can look over the facts of your situation.    Mortgage interest is not going to be deductible as an itemized deduction on schedule A unless this is your personal second home, meaning there are limitations on the number of days you could rent it out (I don't know the exact rules but someone else will).