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June 12, 2025
9:08 AM
Hey everyone, I'm a U.S. citizen living in Canada over the past 20 years and just this year experienced all the problems described in this forum with no credit card with a U.S. address. I couldn't ev...
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Hey everyone, I'm a U.S. citizen living in Canada over the past 20 years and just this year experienced all the problems described in this forum with no credit card with a U.S. address. I couldn't even update my credit card info for the downloadable product for 2024 because it has a Canadian address! So, I called the Intuit help desk and the conclusion was I couldn't purchase Turbotax for 2024 and thus basically cannot use their product anymore! I just tried out HR Block's expatonline product and had zero problems, including paying with my credit card with a Canadian address. So, problem solved by switching to the HRBlock product for me.
June 12, 2025
8:55 AM
I have been making monthly COBRA Premium subsidy payments since Jan. 2025. My employer was supposed to pay to the third-party directly but long story short, I have been making the payments and now, t...
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I have been making monthly COBRA Premium subsidy payments since Jan. 2025. My employer was supposed to pay to the third-party directly but long story short, I have been making the payments and now, the ex-employer will reimburse me for 'x' number of weeks as part of the severance which would be a lump sum, less applicable taxes, payroll deductions and withholdings. Questions: 1) Should the COBRA reimbursement be taxed? I am looking at https://www.irs.gov/newsroom/cobra-questions-and-answers-for-employees-and-former-employees and looked at the section on "Taxability of Susidies", Q4. Based on this section/Q4, I will not qualify as the MAGI would exceed the threshold mentioned. Or, should I ask the ex-employer to send a separate payment for the COBRA reimbursement that is not taxed? 2) Where would I report the COBRA payments I have made? Would it be Schedule A in the Medical section where I can only deduct the amount of COBRA premiums exceeding 7.5% of the AGI? 3) If I am a high-income individual where my MAGI exceeds the $145K threshold then it does not matter if the ex-employer reimburses the COBRA premium subsidy as part of the overall severance - is this an accurate statement? Can you please help clarify this? Thank you in advance.
June 12, 2025
8:46 AM
I paid for your services please file my CA. State return for 2024.
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June 12, 2025
8:30 AM
There may have been a 2023 Form 1099-MISC that transferred over or you indicated you have income not reported on a W-2. Look at the list of forms, schedules and worksheets and if a 1099-MISC is list...
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There may have been a 2023 Form 1099-MISC that transferred over or you indicated you have income not reported on a W-2. Look at the list of forms, schedules and worksheets and if a 1099-MISC is listed, delete it.
Click on Tax Tools on the left side of the online program screen
Click on Tools
Click on Delete a form
June 12, 2025
8:12 AM
https://www.irs.gov/es/filing/if-you-dont-get-a-w-2-or-your-w-2-is-wrong
June 12, 2025
8:08 AM
1 Cheer
Thank you for the clarification. You cannot mark anywhere on Form 2441 that your parents are providing the care. You can still pay them, report these costs as part of your Child & Dependent Care Ex...
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Thank you for the clarification. You cannot mark anywhere on Form 2441 that your parents are providing the care. You can still pay them, report these costs as part of your Child & Dependent Care Expenses, and your parents will be required to report this income on their tax return as other income on Schedule 1. Since it sounds like you meet the requirement, you would not need to withhold Social Security or Medicare taxes like you would for a normal household employee, and as such, would not treat them as household employees when you complete your tax return. That is the essential difference.
If the IRS has any concerns, they will reach out with a letter requesting additional information. You can then provide the information needed to show that your parents are providing the care and meet the exception to not have taxes withheld as a household employee.
Please also see do I need to file IRS Schedule H.
@lixiang
June 12, 2025
8:00 AM
Topics:
June 12, 2025
7:49 AM
Topics:
June 12, 2025
7:30 AM
1 Cheer
If you received a Form 1099-R for the withdrawal from your 401(k), the plan administrator deemed that this was a distribution and not a loan. You report the 1099-R on your tax return as received.
...
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If you received a Form 1099-R for the withdrawal from your 401(k), the plan administrator deemed that this was a distribution and not a loan. You report the 1099-R on your tax return as received.
If this was truly a loan from the 401(k) you would not have received the 1099-R.
June 12, 2025
7:13 AM
I took out a loan from my 401k for house repairs. Federal Income Tax withheld is 722. Where on Turbo Tax do I report this? When I enter the 1099-R information it reads it like a distribution, not as ...
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I took out a loan from my 401k for house repairs. Federal Income Tax withheld is 722. Where on Turbo Tax do I report this? When I enter the 1099-R information it reads it like a distribution, not as a loan that I repaid.
June 12, 2025
7:13 AM
It's June 15 and our expat deadline for us living abroad. I am at the end of the 'free' online service and because I have a foreign bank acct (under $10K) you are requiring me to upgrade to Deluxe. ...
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It's June 15 and our expat deadline for us living abroad. I am at the end of the 'free' online service and because I have a foreign bank acct (under $10K) you are requiring me to upgrade to Deluxe. I have a US credit card with BoA for 25 years I have lived here. It it registered, of course, to my UK address so they know where I am. I have no living US relative any longer and it is deceitful to use a US address where you do not reside. I wanted to finish my taxes today. I don't get why I need beyond the basic one anyways. In the past few years I have been buying the CD from Amazon.com and they shipped it to me. Pricey, but they took care of it being done correctly. BEFORE THAT, we used to be able to download from DIGITAL RIVER IRELAND the digital form of any of the products. What happened to that choice? It is poor advertising to say expats can do their taxes only to find out after completing them, that you have no access to the paid software. Can I get a digital purchase sorted? Back in the early 00's there used to be an option to contact Intuit to get a download. Help please? I am happy to pay having wasted all this time today. If you are not going to help expats, you need to be up front about it.
June 12, 2025
7:10 AM
@arejfour Yeah, I hadn't tried to install the TTX update before I installed the W11 OS update KB5063060 this morning on my laptop... ...but the latest TTX update did install OK just now, aft...
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@arejfour Yeah, I hadn't tried to install the TTX update before I installed the W11 OS update KB5063060 this morning on my laptop... ...but the latest TTX update did install OK just now, after that W11 update.....but don't know if that will be the case for everyone's system
June 12, 2025
7:09 AM
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/
Scroll down to the bottom of ...
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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/
Scroll down to the bottom of the screen and on the section Your tax returns & documents. Click on the Year and Click on Download/print return (PDF)
Or -
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
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.
June 12, 2025
7:07 AM
No, that is not a loss you can deduct on a tax return. It was your personal decision to discard it.
June 12, 2025
6:59 AM
States provide non-driver's IDs if you don't/can't drive. Not sure, but maybe passport or greencard could work?
June 12, 2025
6:57 AM
Thank you for your reply. I did see that MS issued a new update KB5063060 yesterday, On my system it's showing as an optional update. It will install by-it-self probably in a few days. FYI the previo...
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Thank you for your reply. I did see that MS issued a new update KB5063060 yesterday, On my system it's showing as an optional update. It will install by-it-self probably in a few days. FYI the previous W11 update was KB5060942. Thanks and I'll keep you posted.
June 12, 2025
6:53 AM
1 Cheer
@laura_kozisek I'm not sure that the import files are arranged in a way that TTX would recognize that there was more info to import. ____ The only solution I see would be for TTX to ban 1099-I...
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@laura_kozisek I'm not sure that the import files are arranged in a way that TTX would recognize that there was more info to import. ____ The only solution I see would be for TTX to ban 1099-INT imports for these problem financial providers until such time as the software teams from BOTH work together offline, to figure out what is causing the problem...and then Fix IT.
June 12, 2025
6:47 AM
@arejfour Microsoft issued a "second" W11 OS update this week.....after just updating my W11 a day or two ago, another one appeared this morning. The new one has a new number...and takes unu...
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@arejfour Microsoft issued a "second" W11 OS update this week.....after just updating my W11 a day or two ago, another one appeared this morning. The new one has a new number...and takes unusually long to download and install. The install reboot almost looked like it was hung at 0%....so I went and watched TV for an hour.....eventually it installed. (laptop was started first and it's still working on it.) Folks with W11, might need that most recent W11 update fully installed first, before the TTX update will go thru.
June 12, 2025
6:39 AM
i bought jewelry online threw it away can i file a loss?
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June 12, 2025
6:27 AM
For contributions that were made for tax year 2024, the attributable earnings are reported on your 2024 tax return, even if you made the contribution or withdrew the earnings in 2025. Enter the inco...
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For contributions that were made for tax year 2024, the attributable earnings are reported on your 2024 tax return, even if you made the contribution or withdrew the earnings in 2025. Enter the income on your 2024 tax return by going to the retirement income section, entering a 1099-R, say you need to create a substitute 1099-R. Enter the total amount of the withdrawal in box 1, the taxable attributed earnings in box 2a, and use codes P and J in box 7.
For contributions that were made for tax year 2025, the attributable earnings are reported on your 2025 tax return. You will get a 1099-R next January.