turbotax icon
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

All Posts

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... See more...
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.  
Check your online account with the IRS to see if they show that you paid your tax due.   Do not confuse paying TurboTax fees for the use of the software with paying the IRS.    TurboTax never knows h... See more...
Check your online account with the IRS to see if they show that you paid your tax due.   Do not confuse paying TurboTax fees for the use of the software with paying the IRS.    TurboTax never knows how, when or even if you paid the IRS.   Your only proof that you paid the IRS is your own bank or credit card record.   https://www.irs.gov/payments/your-online-account  
Your health insurance has nothing to do with whether you enter a 1098T.   You have previously stated in this forum that you are a "part-time" student.   If you have not been a full time student you c... See more...
Your health insurance has nothing to do with whether you enter a 1098T.   You have previously stated in this forum that you are a "part-time" student.   If you have not been a full time student you cannot be claimed as anyone else's qualified child dependent on a tax return if you earned more than $5200 in 2025 because you are older than 19.    If you earned less than $5200, you might be a "qualified relative dependent" for your parent(s)---if you are a dependent then any education credit can be entered on the return of the person who claims you.   If you are Mom's dependent, she can put the 1098T on her return to see if she can get any education credit.   If no one CAN claim you, then you can enter the 1098T to see if you are eligible for any education credit.  A dependent cannot get education credits.   But do not confuse the criteria for eligibility for a health insurance plan with the criteria to be claimed as dependent on a tax return.   Your mother (parents) may be able to keep you on their health insurance plan until you are 26----regardless of whether they claim you as a dependent on a tax return.
Even if you are a dependent, you file your own return for wages and other income that you earn.  This is normal and working does not automatically affect your ability to be a dependent.   You mus... See more...
Even if you are a dependent, you file your own return for wages and other income that you earn.  This is normal and working does not automatically affect your ability to be a dependent.   You must check the box that says "I can be claimed as a dependent" if you can be claimed, even if you don't want to.   For tax year 2025, you can be claimed as a dependent by your parents if all these statements are true: 1. you are under 24 and a full time student for at least 5 months  (such as one semester) 2. you paid less than half your own support  Add up your total financial needs, including room and board, tuition, medical, entertainment, clothing, travel, and so on.  If you live at home part of the year, a percentage of your parent's housing costs for mortgage, utilities and so on counts as support they provide to you.  Scholarships don't count on either side of the equation. Student loans that you take out in your own name for college expenses count as support you provide yourself, since you have promised to pay them back.  Your parents don't have to pay more than half, they can still claim you if they pay less than half if other people help with expenses. What counts is if you paid more than half or not.  3. you lived with your parent(s) for more than half the year. A college student is assumed to "live at home" with their parents if they would have lived at home if not for college. Such as, you go home for vacation and summer break.  College is considered being away for a temporary absence.  Sometime, a college student may have permanently moved out of their parents home, with a permanent home at college, and no intention of moving back, but this is fairly uncommon.      If your parents can claim you as a dependent, then they should almost always claim your 1009-T for the college credits.  The only time they would not is if their income is so high that they would be phased out of the American opportunity credit.  In that case, you might get a few dollars more than they would.
E-filing is permanently closed for 2024 returns.  You cannot e-file.   The only way to file your 2024 return now is to print it, sign and date it in ink, and mail it in.   If there is any sort of... See more...
E-filing is permanently closed for 2024 returns.  You cannot e-file.   The only way to file your 2024 return now is to print it, sign and date it in ink, and mail it in.   If there is any sort of confusion over your SSN or the name that Social Security has in the system for you, you have to sort that out with Social Security.   https://www.ssa.gov/agency/contact/  
thanks just realized not much available to add . I did enter new SS numbers but can not touch 1099s
As others have said, you need to verify that with your health plan insurer.    That said, "the 'under 26 rule' allows young adults to stay on their parents' health insurance plan until they turn ... See more...
As others have said, you need to verify that with your health plan insurer.    That said, "the 'under 26 rule' allows young adults to stay on their parents' health insurance plan until they turn 26, regardless of their marital status, living situation, or financial dependence. This rule, a provision of the Affordable Care Act (ACA), applies to most individual and employer-sponsored plans. When a dependent turns 26, their coverage typically ends, which triggers a Special Enrollment Period for them to find their own health insurance."
How do I proceed? Can I show them the credit card payment posted as well as TurboTax receipt
See https://ttlc.intuit.com/community/taxes/discussion/what-if-option/00/3403213
desktop 1099B section isn't ready yet.  when it does if you are on desktop you can just create a dummy return and key in high level numbers you don't need all the 1099 detail just one entry for INT, ... See more...
desktop 1099B section isn't ready yet.  when it does if you are on desktop you can just create a dummy return and key in high level numbers you don't need all the 1099 detail just one entry for INT, one for DIV, one for LTCG, one for STCG etc.  It's not much work to mock up an estimate that way.
Thanks/.Im a 25 year Tax user just looking for a hack to do "what ifS" before I actually do the real thing in January.  So its impossible
@Cavachon1 true as long as you meet the  other eligibility criteria ( 2 years ownership for at least one filer, 730 days of usage as main residence -- for both filers -- with a look back period of fi... See more...
@Cavachon1 true as long as you meet the  other eligibility criteria ( 2 years ownership for at least one filer, 730 days of usage as main residence -- for both filers -- with a look back period of five years from the date of sale closing)  and no exclusion  claim in the preceding two years.  Also the sale must cover whole property , e.g. in the case of one building with two separate units ( one used  as residence and one for rental), the whole building must be transferred for this reg to apply. Does this make sense ?   Is there more one of us can do for you ?
See https://ttlc.intuit.com/turbotax-support/en-us/help-article/loans/whats-turbotax-flex-advance/L2Xg6In6b_US_en_US   Call the number listed in the article.
See https://ttlc.intuit.com/turbotax-support/en-us/help-article/loans/whats-turbotax-flex-advance/L2Xg6In6b_US_en_US Call the number listed in the article.
https://turbotax.intuit.com/personal-loan
https://turbotax.intuit.com/personal-loan
@metu   Namaste ji Before one can answer  (a) Are you US person ( citizen/GreenCard/Resident for tax purposes )?  If yes, you are taxed on your world income, file on form 1040, rental income repo... See more...
@metu   Namaste ji Before one can answer  (a) Are you US person ( citizen/GreenCard/Resident for tax purposes )?  If yes, you are taxed on your world income, file on form 1040, rental income reported on Schedule-E.  If not , then you are taxed a NRA, file on form 1040-NR -- you are  taxed on your US sourced/connected  income. Your rental income is passive but US sourced.  Also the state ( CA?) would want a cut. (b) Are you planning of buying  housing only for purposes of income or you plan to use as own home.  Note there is at least a 1/4 point penalty for  rental property mortgage. (c) If buying residential property, are you proposing use of entity (  SMLLC, Partnership etc. ) or under your own name ? (d) if you are a US citizen or GreenCard, which country are you a citizen of ? (e) Real question here is what are you trying to achieve ?   I will circle back once I hear from you --yes ? Namaste ji
turbo tax used to have under forms a estimate next years federal tax. I can no longer find it. Please inform me