All Posts
July 10, 2025
8:35 PM
1 Cheer
Edit ed.
@Hal_Al is correct (as usual). As a dependent he is considered a NJ resident and pays tax on income made anywhere.
July 10, 2025
8:10 PM
@nate_lampkin
If you combined income from 2023 and 2024 on the same tax return, your tax return was all wrong and you will need to amend. Each year has to be filed separately using the forms...
See more...
@nate_lampkin
If you combined income from 2023 and 2024 on the same tax return, your tax return was all wrong and you will need to amend. Each year has to be filed separately using the forms and software for the specific year in which you received the income. You will need to amend your 2024 return to remove any 2023 income that you included on that form. Leave the 2024 income on the return.
Wait until your original return has been fully processed before you amend, and make sure you have saved a pdf of the original return before you amend. (If you do not save it as a pdf, the amended return will overwrite the original, and the original will be lost forever)
See this TurboTax support FAQ for amending a tax return -
CURRENT YEAR
https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-return/amend-federal-tax-return-current-year/L7eS6o1qh_US_en_US?uid=lfunevhk
Do not expect quick results from amending. It can take four months or more for the IRS to process an amended return.
You can watch for information here:
https://www.irs.gov/Filing/Individuals/Amended-Returns-(Form-1040-X)/Wheres-My-Amended-Return-1
And you will need to file a 2023 tax return for only your 2023 income.
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.
July 10, 2025
8:06 PM
Yes 2023 and 2024 together. My concern is it gave me a false earnings for 2024 causing me to owe substantially high due taxes
July 10, 2025
8:05 PM
Paying your TurboTax fees did not file your tax return. Did you go all the way through the FILE section to the big orange button that said "Transmit my returns now?"
When you e-file your r...
See more...
Paying your TurboTax fees did not file your tax return. Did you go all the way through the FILE section to the big orange button that said "Transmit my returns now?"
When you e-file your return you will get two emails from TurboTax. The first one will say your return has been transmitted; the second one will tell you the IRS has accepted or rejected your federal e-file. If you filed a state return, there will be a third email (usually a day or two later) that tells you if the state e-file was accepted or rejected.
To check on regular tax refund status via automated phone, call 800-829-1954.
Federal and state refunds come from completely separate entities. There is no rule as to which one will come in first or how long it will be between their arrival in your account.
TurboTax gives you an estimated date for receiving your refund based on a 21 day average from your date of acceptance, but it can take longer. “21 days” is not a promise from TurboTax or the IRS.
First, check your e-file status to see if your return was accepted:
https://turbotax.intuit.com/tax-tools/efile-status-lookup/
Once your federal return has been accepted by the IRS, only the IRS has any control. TurboTax does not receive any updates from the IRS. Your ONLY source of information about your refund now is the IRS.
You need your filing status, your Social Security number and the exact amount (line 35a of your 2024 Form 1040) of your federal refund to track your Federal refund:
https://www.irs.gov/refunds
To track your state refund:
https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-refund/track-state-refund/L3jgO8PGs_US_en_US?uid=lt447ebr
If you chose to have your TurboTax fees deducted from your federal refund, that will take some extra time, while the third party bank handles the refund processing
https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-refund/refunds-take-longer-others/L14YlqFrH_US_en_US?uid=lexdr7zh
.
https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-refund/irs-refund-taking-longer-21-days/L2vRAJbdU_US_en_US?uid=lexe7lst
July 10, 2025
8:02 PM
OK, I do apologize. I can see how it appears I am asking to file separately in filing status,however that isn't my intended question. Can I file 2023 solely submitted. Then file my 2024 solely subm...
See more...
OK, I do apologize. I can see how it appears I am asking to file separately in filing status,however that isn't my intended question. Can I file 2023 solely submitted. Then file my 2024 solely submitted. I believe my 2023 was included with earnings for 2024 causing errors in due taxes
July 10, 2025
7:28 PM
You are not required to file as married filing jointly, but as others have said, you are better off filing that way.
July 10, 2025
7:25 PM
Install TurboTax Deluxe and start a tax return. Then click the button at the very bottom of the TurboTax window, towards the right, that says "Upgrade TurboTax."
July 10, 2025
7:19 PM
Oh I know it is for my daughter lost her job I am on disability at the car payment I have insurance I have a house payment I have so many payments and I did this so I can make sure that I did the taxe...
See more...
Oh I know it is for my daughter lost her job I am on disability at the car payment I have insurance I have a house payment I have so many payments and I did this so I can make sure that I did the taxes right they said they were right here I am I don't even know if I'm going to get my money and I have plans for it but you know what I'm never using them again never do not trust them
Topics:
July 10, 2025
7:18 PM
If your original return had direct deposit and you efile your amended return you can have direct deposit.
July 10, 2025
7:15 PM
You are right. You do not enter your child's 1099 forms in your tax return. If you are reporting your child's interest and dividend income on your tax return you enter the child's income in the "Chil...
See more...
You are right. You do not enter your child's 1099 forms in your tax return. If you are reporting your child's interest and dividend income on your tax return you enter the child's income in the "Child's income" topic.
But how did the 1099 form get imported into TurboTax? Did they come from the child's account or from your account? Whose Social Security number is on the 1099 forms from the financial institution? If it's your Social Security number then it's your income, not the child's income.
If it is the child's income, the only advantage of reporting the income on the parent's return is that it's less paperwork. It will not save any tax, and in many cases you could end up paying more tax overall than if you file a separate return for the child. So the safest course is to file a separate return for each child. You will probably be better off that way, and certainly no worse off.
If you use TurboTax Online you can use the Free Edition for the child's return. You need a separate user ID for each return. If you use the CD or download TurboTax software, there is no extra charge to prepare additional returns.
July 10, 2025
7:01 PM
Thank you for your reply. Isn't he still a New Jersey resident since he is a dependent on my tax return? Would that change your reply?
July 10, 2025
6:47 PM
Hello, I recently quit my ex employer and have funds in both traditional 401K (55k) and Roth 401K (10K). I dont plan to move them to the new employer. Option 1 is to let it stay as is, Option 2 i am...
See more...
Hello, I recently quit my ex employer and have funds in both traditional 401K (55k) and Roth 401K (10K). I dont plan to move them to the new employer. Option 1 is to let it stay as is, Option 2 i am thinking of converting to a traditional IRA now and then move it immediately to a Roth IRA. I have been doing the backdoor Roth IRA for last couple of Years. My traditional IRA account has a nil balance currently and plan to do a backdoor again for current year in the month of December. Please advise how i should approach to do the conversion from 401k to Roth IRA and still continue to be able to do a backdoor Roth IRA later. What are the potential tax implications or fines that i can incur with the 401k conversion. Should i complete the 401k (Traditional)-->Traditional IRA--> Roth IRA conversion before December month, so i have a zero balance in the traditional IRA account. I understand for 401k Roth, i can move the money to Roth IRA directly without any penalty or income limits. Thanks.
July 10, 2025
6:43 PM
Here is IRS Schedule C https://www.irs.gov/pub/irs-pdf/f1040sc.pdf Are you using the Online version or the Desktop program? looked at my Desktop program. Here are the choices.
July 10, 2025
6:42 PM
Duplicate question. Please post your question only once. It might take some time before someone replies to your question.
See the reply to your other post of the same question. If you want to a...
See more...
Duplicate question. Please post your question only once. It might take some time before someone replies to your question.
See the reply to your other post of the same question. If you want to add more information or post a follow-up question, add a reply to your other question to keep all of the discussion in one place. Do not reply to this thread.
July 10, 2025
6:40 PM
Hi, when was looking for help with 8824, I found out that the Exchange Expenses are used to decrease the Realized gain. But I also saw comments that said that exchange expenses should be added to t...
See more...
Hi, when was looking for help with 8824, I found out that the Exchange Expenses are used to decrease the Realized gain. But I also saw comments that said that exchange expenses should be added to the basis of the Replacement property. Is "adding to the basis" an option that I could choose? I don't think so. I think I must have read something wrong? Thanks, Jeff
July 10, 2025
6:39 PM
If you are using TurboTax you don't fill out Form 1040-X line by line. You enter your changes in the question-and-answer interview and TurboTax will fill out Form 1040-X for you. See the following FA...
See more...
If you are using TurboTax you don't fill out Form 1040-X line by line. You enter your changes in the question-and-answer interview and TurboTax will fill out Form 1040-X for you. See the following FAQ for instructions to amend a tax return that you filed with TurboTax.
How do I amend my federal tax return for this year?
July 10, 2025
6:28 PM
Did you install Deluxe yet? There should be a button to upgrade it. But you really don’t need to upgrade. All the Desktop programs have the same forms. You just get more help and guidance in the ...
See more...
Did you install Deluxe yet? There should be a button to upgrade it. But you really don’t need to upgrade. All the Desktop programs have the same forms. You just get more help and guidance in the higher versions. Or do you need to file a separate Business return like a 1065 or 1120-S etc.?
July 10, 2025
6:25 PM
looking at Schedule C you could use Commissions & fees or Legal & professional services or Office Expense or Taxes & Licenses. If you don’t see a category that fits you can just put it under Other...
See more...
looking at Schedule C you could use Commissions & fees or Legal & professional services or Office Expense or Taxes & Licenses. If you don’t see a category that fits you can just put it under Other Miscellaneous Expenses is the 16th item under Expenses - Click the Start or Update button.
July 10, 2025
6:20 PM
July 10, 2025
6:18 PM
How in Turbotax online to add "Dues" as an expense category for a self-employed business? My software stupidly doesn't include it as a common (which it is) or even uncommon type of expense. Am I mis...
See more...
How in Turbotax online to add "Dues" as an expense category for a self-employed business? My software stupidly doesn't include it as a common (which it is) or even uncommon type of expense. Am I missing something or is my software defective or is the software that bad?