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Ok, thanks for the input everyone. I should have mentioned it was a personal, not business case. I was thinking along the lines of it being  something like a "bad debt".. Unfortunate to think that ... See more...
Ok, thanks for the input everyone. I should have mentioned it was a personal, not business case. I was thinking along the lines of it being  something like a "bad debt".. Unfortunate to think that scum got away with everything....
You can't rollover a Roth 401k to a pre-tax 401k.  You could stop making contributions to a Roth 401k and start making new contribution to a pre-tax 401k, but you can't move existing funds in that wa... See more...
You can't rollover a Roth 401k to a pre-tax 401k.  You could stop making contributions to a Roth 401k and start making new contribution to a pre-tax 401k, but you can't move existing funds in that way.  Regarding impact on your paycheck, it depends on your income, filing status and dependents.  A rough estimate is that if you can contribute 12% or 22% more, plus an amount for state taxes.   For example, suppose you are in the 12% income tax bracket and pay 5% tax in your state.  If you contribute $100 to a Roth 401k, it will reduce your paycheck by $100, but if you contribute $100 to a pre-tax 401k, it will reduce your paycheck by $83.  So you could increase your contribution to about $120 to reduce your paycheck by $100.      
If you are referring to the stimulus payment from tax year 2020, that is not longer available from the IRS.
Sounds like you might have missed entering a decimal point on some income, like the wages in box 1.   How to Access prior year online returns https://ttlc.intuit.com/community/prior-year-return/he... See more...
Sounds like you might have missed entering a decimal point on some income, like the wages in box 1.   How to Access prior year online returns https://ttlc.intuit.com/community/prior-year-return/help/how-do-i-access-my-prior-year-return/00/27010 If you can't get the side menus to open up to access the prior year..... You need to start entering some basic Personal Info in 2024 for the side menu to open up. Just continue a little ways into 2024. I had to go though about 12 screens. If you used the Desktop CD/Download program then the only copy is on your computer and not saved or stored online. So you need to make and keep your own backups. Or request a transcript from the IRS https://www.irs.gov/individuals/get-transcript Or get a copy of your return using form 4506 https://www.irs.gov/pub/irs-pdf/f4506.pdf
Exactly what do you want to transfer it to?  A Traditional pre-tax 401K or to a Traditional IRA or ROTH IRA?  And if you can transfer it there isn't a limit on the amount.  @dmertz 
You might have another account.  How to view all your accounts https://ttlc.intuit.com/turbotax-support/en-us/help-article/account-management/many-intuit-accounts-turbotax/L9aVfKS1Z_US_en_US?uid=ll5... See more...
You might have another account.  How to view all your accounts https://ttlc.intuit.com/turbotax-support/en-us/help-article/account-management/many-intuit-accounts-turbotax/L9aVfKS1Z_US_en_US?uid=ll5g6zcx It's common to end up with multiple accounts. First LOG OUT of whatever TurboTax account you're logged into right now. Then use this TurboTax account recovery website to get a list of user ID's for an email address. Run the tool against any email addresses you may have used https://myturbotax.intuit.com/account-recovery/ How to Access prior year online returns https://ttlc.intuit.com/community/prior-year-return/help/how-do-i-access-my-prior-year-return/00/27010 If you can't get the side menus to open up to access the prior year..... You need to start entering some basic Personal Info in 2024 for the side menu to open up. Just continue a little ways into 2024. I had to go though about 12 screens. If you used the Desktop CD/Download program then the only copy is on your computer and not saved or stored online. So you need to make and keep your own backups. Or request a transcript from the IRS https://www.irs.gov/individuals/get-transcript Or get a copy of your return using form 4506 https://www.irs.gov/pub/irs-pdf/f4506.pdf
can someone with intuit help me know how much I can transfer this year based on last years taxes?
Hello, I live in New Jersey and my son has been in school in Florida for a full year and working part-time.  He gave his employer his Florida address.  Does he need to file a New Jersey tax return?  ... See more...
Hello, I live in New Jersey and my son has been in school in Florida for a full year and working part-time.  He gave his employer his Florida address.  Does he need to file a New Jersey tax return?  If so does he need to change the address with his employer so they take out NJ taxes like state, UI, FLI, etc.?  Thank you
I got scammed by your 2023 Transcript claiming I made $300,000 which is obviously a lie.Everyone at my Job (under $40,000 With Ryder) Knows.I dont even own a car.Dont own a house.I need my 2023 turbo... See more...
I got scammed by your 2023 Transcript claiming I made $300,000 which is obviously a lie.Everyone at my Job (under $40,000 With Ryder) Knows.I dont even own a car.Dont own a house.I need my 2023 turbo Tax transcipt.My CPA can't file an admentment. 
I am revisiting this post since I am about to file my taxes now after filing an extension.   I now have noticed other posts stating that I cannot use Form 8453 to file my Section 751 statement, bec... See more...
I am revisiting this post since I am about to file my taxes now after filing an extension.   I now have noticed other posts stating that I cannot use Form 8453 to file my Section 751 statement, because if I check the last box for Form 8949, it says to check it if you elect not to report your transactions electronically on Form 8949.   Since I was planning on efiling my tax return, then won't my Form 8949 already be electronically reported?   Is there a way to efile my taxes along with my Section 751 Statement? Or do I need to file and send my taxes through USPS? (And if so, what is recommended way of sending - registered? insured? etc.) Thank you!
My thinking is to treat this as a discount on the cost of repairs or the cost of the home.  That would be non-taxable, even though the builder's accountant may advise them to issue a 1099 for busines... See more...
My thinking is to treat this as a discount on the cost of repairs or the cost of the home.  That would be non-taxable, even though the builder's accountant may advise them to issue a 1099 for business reasons.  There is a way to report a 1099 on your return and then exclude it as non-taxable, we can cover the specifics when you are ready to file.     (Per the IRS, there is a right way to do this, but you can only do it in Turbotax using the version installed on your own computer. The online version only allows an almost-right method, but the IRS seems to tolerate it.  That's for 2024.  In case they update the program for 2025, I'll wait to give you instructions for 2025 until the software is released.)    If the facts make this something other than a discount, the payment might be taxable, but I would need more information to be able to think about it.
New social security deductions in new law
Do I have to manually delete imported 1099's for dependent minors and use form 8814 if they have > $1300 in unearned income?
keep checking the IRS website https://www.irs.gov/filing/wheres-my-amended-return 
TurboTax imported 1099's for my dependent children that have > $1300. There only income is unearned (interest and dividends). Is it the case that I need to delete those and enter the related income i... See more...
TurboTax imported 1099's for my dependent children that have > $1300. There only income is unearned (interest and dividends). Is it the case that I need to delete those and enter the related income in child income (form 8814)?
Your post is unclear.   We cannot tell if you are referring to the filing status you used---married filing jointly or married filing separately, or if you mean you combined all of your 2023 and 2024 ... See more...
Your post is unclear.   We cannot tell if you are referring to the filing status you used---married filing jointly or married filing separately, or if you mean you combined all of your 2023 and 2024 income and put it on one tax return.   Please clarify.
You seem unsure whether you filed a tax return for 2023 (.."pretty sure last year..") and it seems you had a number of years during which you worked and did not file tax returns.   You are too late t... See more...
You seem unsure whether you filed a tax return for 2023 (.."pretty sure last year..") and it seems you had a number of years during which you worked and did not file tax returns.   You are too late to get recovery rebate credits for the 2020 or 2021 stimulus checks.  If you had filed tax returns for those years in a timely manner, you could have received the checks for $1200, $600 and $1400.  The deadlines have passed to do that now.   If you owe tax due for any of those past years, the IRS still wants to be paid.   But it is too late to get refunds for any tax years earlier than 2022.  Do you need to file a 2022 return?   That can still be done using desktop download software.   Or you might need to seek help from a paid local tax prepare to help you sort out the potential mess you might have with the IRS. Online preparation and e-filing for 2021, 2022, and  2023 is permanently closed. Note:  The desktop software you need to prepare the prior year return must be installed/downloaded to a full PC or Mac.  It cannot be used on a mobile device.   To file a return for a prior tax year  If you need to prepare a return for 2021, 2022, or 2023  you can purchase and download desktop software to do it, then print, sign,  and mail the return(s) https://turbotax.intuit.com/personal-taxes/past-years-products/ You may also want to explore purchasing the software from various retailers such as Amazon, Costco, Best Buy, Walmart, Sam’s, etc.   Remember to prepare your state return as well—if you live in a state that has a state income tax.   https://ttlc.intuit.com/turbotax-support/en-us/help-article/state-taxes/contact-state-department-revenue/L9qVToi02_US_en_US?uid=m6e06um0   When you mail a tax return, you need to attach any documents showing tax withheld, such as your W-2’s or any 1099’s.  Use a mailing service that will track it, such as certified mail so you will know the IRS/state received the return.   Federal and state returns must be in separate envelopes and they are mailed to different addresses.  Read the mailing instructions that print with your tax return carefully so you mail them to the right addresses.