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October 25, 2025
8:53 AM
Page 8879 not Form 8879
October 25, 2025
8:19 AM
1 Cheer
@mudtech61 wrote: So, my question is, it the vehicle has been used 100% for business and has been depreciated out, what are the tax repercussions going to be If it has been fully deprec...
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@mudtech61 wrote: So, my question is, it the vehicle has been used 100% for business and has been depreciated out, what are the tax repercussions going to be If it has been fully depreciated, the tax-Basis is $0. That means selling it for $29,500 will result in $29,500 of income (taxed at your regular tax rates for Federal and State).
October 25, 2025
8:16 AM
Was your federal return e-filed and accepted? A state return cannot be e-filed unless the federal return was e-filed and accepted by the IRS. And if you filed very early in the tax season, some s...
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Was your federal return e-filed and accepted? A state return cannot be e-filed unless the federal return was e-filed and accepted by the IRS. And if you filed very early in the tax season, some states were not yet ready to accept e-files so you would need to go back and e-file the state at a later time.
HOW CAN I E-FILE STATE AFTER ALREADY E-FILING FEDERAL
https://ttlc.intuit.com/turbotax-support/en-us/help-article/state-taxes/e-file-state-already-filed-federal/L1utGncEc_US_en_US?uid=m7xgrjec
E-filing is going to close permanently by the end of October, so if you are not able to e-file the state, you will need to print, sign and file it by mail.
October 25, 2025
8:12 AM
1 Cheer
For Windows…..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 d...
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For Windows…..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 .tax2024 to transfer into 2025 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
October 25, 2025
8:07 AM
Topics:
This is a fantastic summary, of that first year paying for college and having advise for that initial tax year filing — both of parents and the college-aged child. That original post was 2019. Ex...
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This is a fantastic summary, of that first year paying for college and having advise for that initial tax year filing — both of parents and the college-aged child. That original post was 2019. Excellent summary. Now, is anything in that analysis different now in 2025-2026? There was the major expansion of “what qualifies” as the target (any contribution limits) for 529-qualified funds 1099-Q during the summer of 2025 so-called “Big Beautiful Bill”. But my question is, did any of the material and analysis in this post from 2018 materially change between 2019 and January of 2026? I particularly appreciated how that article clarified that 529-qualified funds can pay for Room & Board, while most other payment sources (scholarship, out-of-pocket) could not “qualify” with regard to annual taxes. The material is complicated for a first-time college family.
October 25, 2025
7:03 AM
After over 30years of supporting and using Turbotax, they have changed and have lost my support. My Windows 10 machine has supported me using Turbotax for many years without any security issues. I wi...
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After over 30years of supporting and using Turbotax, they have changed and have lost my support. My Windows 10 machine has supported me using Turbotax for many years without any security issues. I will NOT buy a new system and will figure out how to get our taxes done without Turbotax. Their decision is a sad one, good luck with it.
October 25, 2025
6:12 AM
For a California resident, an HSA is treated the same as a brokerage account where taxes are assessed on earnings each year. A California resident simply moving an HSA account in-kind does not creat...
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For a California resident, an HSA is treated the same as a brokerage account where taxes are assessed on earnings each year. A California resident simply moving an HSA account in-kind does not create a state-taxable event. However, if you have capital investments in the HSA and in the process of moving the HSA you sell those investments, moving the cash proceeds rather than doing an in-kind transfer, you can create a state-taxable capital gain. Don't confuse this with a rollover from an MSA to an HSA which is a taxable event for a California resident. https://www.ftb.ca.gov/tax-pros/law/legislation/2019-2020/AB2384-021820.pdf Also, this tread is not discussing an HSA owner moving to California from some other state.
October 25, 2025
4:29 AM
Have a small LLC that is gasping for air and on the verge of closing. I have a vehicle that was purchased for 100% business use and has been depreciated on the tax each year for the past 5 years. The...
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Have a small LLC that is gasping for air and on the verge of closing. I have a vehicle that was purchased for 100% business use and has been depreciated on the tax each year for the past 5 years. The LLC has had zero income since September of 2023. The vehicle is titled in my personal name and the loan for it is also in my name. The original cost was approximately 50K and approximately 37K is owed on the note. The average retail value of the vehicle is $37,000 and I have been offered $29,500 for the vehicle and, because the business is on the verge of closing, I am considering taking the offer. It would seem that, after an RV is more than 10 years old, it is difficult to sell as financing is difficult to obtain. So, my question is, it the vehicle has been used 100% for business and has been depreciated out, what are the tax repercussions going to be considering I am going to have to pay 37K to clear the title and sell for a loss of almost 20K from the original sales price and $7500 when considering the book value vs the cash offer to purchase. Thanks. Mudbug 61
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October 25, 2025
3:49 AM
2 Cheers
thanks @KarenL . Customer Care also reached out after I mailed Office of The President to ask about this, they said that paragraph is meant to refer to the business users not personal, which would m...
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thanks @KarenL . Customer Care also reached out after I mailed Office of The President to ask about this, they said that paragraph is meant to refer to the business users not personal, which would make more sense; but I told them that was really not clear at all, if so it may need further updates.
October 25, 2025
3:41 AM
I don't understand this taxes filing please help me please
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October 25, 2025
3:03 AM
Except Californians have to pay state tax on HSA transfers
October 25, 2025
2:52 AM
You may qualify for a medical expense deduction if the tuition is mainly for special education services related to your son’s autism. It depends on IRS rules and proper documentation — best to check ...
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You may qualify for a medical expense deduction if the tuition is mainly for special education services related to your son’s autism. It depends on IRS rules and proper documentation — best to check IRS Publication 502 or consult a tax professional.
October 25, 2025
1:21 AM
an employee does not get a federal deduction for computing to work. if you work from home and commute to clients as an independent contractor then the deduction would go on schedule C. An independent...
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an employee does not get a federal deduction for computing to work. if you work from home and commute to clients as an independent contractor then the deduction would go on schedule C. An independent contractor that has a place of business apart from their residence gets no deduction for commuting from home to their place of business. They are entitled to a deduction for traveling form their place of business to and from clients.
perhaps if you explain your situation in more detail, we can provide additional guidance.
for example, if your business is a Corporation or Partnership slightly different rules would apply.
October 25, 2025
12:06 AM
Based on your situation, you were likely a part-year resident of WI while attending school and working there, and now a resident of IL after moving back. Tax residency rules depend on where you maint...
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Based on your situation, you were likely a part-year resident of WI while attending school and working there, and now a resident of IL after moving back. Tax residency rules depend on where you maintain your permanent home and the duration of stay in each state—consulting state tax guidance can clarify your filing requirements.
October 24, 2025
11:36 PM
@xtydurk I see you have another thread on this issue. See the answer I left you in your other thread: https://ttlc.intuit.com/community/after-you-file/discussion/i-have-been-trying-to-receive-...
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@xtydurk I see you have another thread on this issue. See the answer I left you in your other thread: https://ttlc.intuit.com/community/after-you-file/discussion/i-have-been-trying-to-receive-a-six-figit-code-to-no-avail/01/3709469#M804183
October 24, 2025
11:34 PM
You didn't say what kind of code. Are you referring to the 6-digit email verification code some people need when efiling? If so, are you not receiving the code in your email at all? In that ca...
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You didn't say what kind of code. Are you referring to the 6-digit email verification code some people need when efiling? If so, are you not receiving the code in your email at all? In that case, check your email's spam/junk folder to see if it might have ended up there. You can also use the steps below to verify your email address, which may solved your issue. You can also change the email address if desired (using the steps below.) You can go to your settings in your Intuit account and change or verify your email address there if it's not verified. In the left menu column scroll way down to Intuit Account. Then once in the account choose tab Sign In & Security. See if your email address has a tiny link beside it that says "not verified". If so, click that to verify. It may then send a link to your email instead of a code by which you can verify it. Perhaps once you verify it there in the account settings, it won't ask you to verify it again when you are efiling. But if it does ask you again when efiling to enter a code, be sure to leave the interface open that asks for the code while you retrieve the code using a second tab, second window, second browser, or on your phone. If after all that, you still can't resolve your issue, here's how to reach TurboTax Support Mon-Fri 5AM-5PM Pacific. FAQ: What is the TurboTax phone number? https://ttlc.intuit.com/community/using-turbotax/help/what-is-the-turbotax-phone-number/00/25632 If you use Free Edition and don't have phone support, another way to reach them if you have social media is to direct message a Support agent: https://x.com/TeamTurboTax or https://www.facebook.com/turbotax
October 24, 2025
11:33 PM
This year I received a grantor letter from a Special Needs Trust and I'm trying to figure out how to enter it in TurboTax. It's similar to a K-1 but I don't know if I can enter it as if it were a K-1...
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This year I received a grantor letter from a Special Needs Trust and I'm trying to figure out how to enter it in TurboTax. It's similar to a K-1 but I don't know if I can enter it as if it were a K-1. Searching the forum for similar problems in the past, I found a thread asking a similar question, and ultimately it was not resolved by any suggestion and they went to an accountant instead of using Turbo Tax. The fields I need to enter include the following. (Can I use forms mode to enter these directly?) - Ordinary dividend income (form 1040 Schedule B, Part II, line 5) - Qualified dividend income included above (use for Schedule D tax calculation) - foreign tax credit information (passive income, other counties, gross income, form 1116, Part 1) - foreign qualified dividends - taxes (form 1116, part 2) - 199A Reit dividends
October 24, 2025
11:30 PM
Puedes comunicarte con el centro de atención de Mexicana de Aviación marcando al número nacional en México (55) 8957 7944, o desde Estados Unidos al (+1). También disponen de asistencia internacional...
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Puedes comunicarte con el centro de atención de Mexicana de Aviación marcando al número nacional en México (55) 8957 7944, o desde Estados Unidos al (+1). También disponen de asistencia internacional en España al [(+34) 868 269 023]. Los agentes ofrecen ayuda con reservas, cambios y servicios especiales las 24 horas del día.
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October 24, 2025
11:29 PM
You can only correct a mistake of that magnitude by starting a new (correct) return. In this case, a Form 1120.