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a month ago
If you've installed TurboTax on your computer, try right-clicking the TurboTax icon and choose 'Run as Administrator'. If you can give more details, we'll try to help.
Here's more info on Tro...
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If you've installed TurboTax on your computer, try right-clicking the TurboTax icon and choose 'Run as Administrator'. If you can give more details, we'll try to help.
Here's more info on Troubleshooting TurboTax Desktop Issues.
@4164497
a month ago
Because Turbo Tax did not update their forms properly for NY state and caused the NY processing to glitch out. Who suffers in the end? The people who paid taxes all year on an interest free loan to t...
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Because Turbo Tax did not update their forms properly for NY state and caused the NY processing to glitch out. Who suffers in the end? The people who paid taxes all year on an interest free loan to the state. Amazing right?
a month ago
Since you are active duty military, the rules are very specific to protect you from being taxed by a state just because you are stationed there. Use your California address (your mailing address)...
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Since you are active duty military, the rules are very specific to protect you from being taxed by a state just because you are stationed there. Use your California address (your mailing address) in the "Personal Info" or "My Info" section of the program. The IRS and states use this address to mail you checks, letters, or notifications. Use your Texas address when the program asks for your State of Residence (SLR). Under the Servicemembers Civil Relief Act (SCRA), your military pay is only taxable by your "State of Legal Residence" (SLR), not the state where you are stationed (Texas has no state income tax... California does have a state income tax). Note: when the program asks, "Did you live in another state?" or "Did you earn money in another state?" answer "No" regarding California if your only income was your military pay. Also note: the program may automatically add a California state return (after you enter a California mailing address). Check Box 15 on your W-2: If it says "CA" and has tax withheld, you must file a California "Nonresident" return to get that money Update your LES: If California taxes are being taken out, you need to file DD Form 2058 with your finance office to officially list Texas as your SLR (this stops future withholding by CA). Make sure that are marked as a Nonresident (if you must file a A return). California considers military members stationed there on PCS orders to be nonresidents for tax purposes.
a month ago
If you are getting stuck in the foreign dividends section, try entering foreign dividends and claim the foreign tax credit in TurboTax Online using these steps: 1. Go to the Wages & Income section...
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If you are getting stuck in the foreign dividends section, try entering foreign dividends and claim the foreign tax credit in TurboTax Online using these steps: 1. Go to the Wages & Income section and select Dividends on 1099-DIV. 2. Enter your foreign dividend amounts from your tax documents. 3. Next, navigate to the Deductions & Credits section and find Foreign Tax Credit under Estimates and Other Taxes Paid. 4. Select Start or Update next to Foreign Taxes. 5. On the screen asking if you want to take a credit or deduction, choose Take a Credit. 6. Enter the foreign taxes you paid along with the country information. 7. Complete the following questions about your foreign income and expenses. 8. TurboTax will help calculate whether the credit is better than a deduction.
a month ago
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a month ago
If you didn't keep copies of the Forms 1099 that you received that year, you can review your prior year return documents to see what you entered.
If you used TurboTax Online last year, follow t...
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If you didn't keep copies of the Forms 1099 that you received that year, you can review your prior year return documents to see what you entered.
If you used TurboTax Online last year, follow these instructions:
Sign in to your TurboTax account. Make sure you're using the same TurboTax account (same user ID) as in previous years.
From Tax Home, scroll down and select Your tax returns & documents. Select the year you want and select Download/print return (PDF).
Note: If the year you're looking for isn't there, it might be in a different account. Go here to find all of your accounts. One of them should have the return you're looking for.
If you used TurboTax for Desktop:
Select the Start menu in Windows and select search.
Search for *.tax2024 (or whichever year you are searching for, *.tax2023,*.tax2022, etc.).
Don't double-click the tax file in the search results to open it, as this can cause errors.
In the left pane of the search results, select the > symbol next to the .tax file you're searching for. This will bring up information about this file in the right pane.
In the right pane, select Open file location. By default, TurboTax saves tax files in the My Documents TurboTax folder.
After locating the tax file in its folder, open your tax return using the same version of TurboTax for that year. For example, open your 2024 return in the TurboTax 2024 program and your 2023 return in TurboTax 2023.
Choose File >> Print from the menu (black bar) in the TurboTax header.
Check the button for "Specific Forms" and the box beside [name of form] in the forms list to the right.
Save as PDF or Preview and Print.
For more help:
How do I view, download, or print a prior-year tax return?
How do I find last year's tax data file (.tax file) on my computer?
a month ago
Thanks for the quick reply!
a month ago
I just finished my son's taxes. He has 3 daughters (ages: 5, 3, & 1). All 3 girls have been entered into TurboTax for tax purposes. After completing his return, we started to sign-up for Trump Accou...
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I just finished my son's taxes. He has 3 daughters (ages: 5, 3, & 1). All 3 girls have been entered into TurboTax for tax purposes. After completing his return, we started to sign-up for Trump Accounts thru TurboTax, however my youngest granddaughter's indicative data won't populate for the Trump Accounts. What is wrong?
a month ago
1 Cheer
Turbo Tax screwed up their forms and caused the NY system to glitch out. So nothing but delays - and who suffers? The people who paid taxes all year. Amazing. What a country.
a month ago
I am not sure what to do with this statement, I have already filed my taxes
do I need to make an amendment?
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a month ago
If you upgraded the electrical panel as part of the solar installation, you can add the cost of the panel installation to the total solar costs when entering information in TurboTax for the home ener...
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If you upgraded the electrical panel as part of the solar installation, you can add the cost of the panel installation to the total solar costs when entering information in TurboTax for the home energy credit.
The separate electrical panel board credit is only for improvement or replacement of enabling property such as air conditioners or heat pumps. Solar energy is not part of this credit.
To enter solar installation costs in TurboTax Online, go to:
Deductions & Credits>Your Home>Home Energy Credits
See this TurboTax article for information on which home improvements qualify for the energy tax credit.
a month ago
When entering a 9-digit state payer ID into a field that has been restricted to 6 digits, you should enter only the last 6 digits of the state ID number. This usually works.
Make sure that you ...
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When entering a 9-digit state payer ID into a field that has been restricted to 6 digits, you should enter only the last 6 digits of the state ID number. This usually works.
Make sure that you are not including any dashes, spaces, or leading letters in the box unless instructed.
If the last 6 digits are not accepted, you can try entering the first 6 digits.
Leave it blank if no state tax was withheld.
a month ago
deducting HOA
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a month ago
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a month ago
You need to pay the amount due listed on the amended return when you submit it. It factors in what your refund was, so the balance due is what you owe.
a month ago
When you itemize deductions using Form 6251 for AMT, you must add back some of your deductions. In this case if TurboTax determines that your Standard Deduction is more advantageous, then it will se...
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When you itemize deductions using Form 6251 for AMT, you must add back some of your deductions. In this case if TurboTax determines that your Standard Deduction is more advantageous, then it will select it for you. If you want to use your itemized deductions, you can switch between deductions in the program.
TurboTax Online
Go to the screen: Based on what you told us, [either Standard Deduction or Itemizing deductions] is right for you, and select Change my deduction.
On Which deduction do you want to take this year? popup, you'll see the dollar value of each deduction type.
Select the type of deduction you want and select Continue twice.
TurboTax Desktop
Open or continue your return.
Select Federal Taxes.
If using Home & Business, select Personal.
Select Deductions & Credits.
When asked how you want to enter your deductions and credits, select I'll choose what I work on.
Scroll all the way to the bottom of the Your 2025 Deductions & Credits screen and select Done with Deductions.
Continue until you see The Standard [or Itemized] Deduction is Right for You!
Select Change my deduction and choose which one you'd like.
Select Continue to apply any changes.
How do I change from the standard deduction to itemized (or vice-versa)?
@user17733704952
a month ago
2 Cheers
Yes, you are correct that the IRA/SIMPLE/SEP box should not be checked. And yes, you will check that this 1099-R is going to be for 2026 - even though you are reporting these items on the 2025 retur...
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Yes, you are correct that the IRA/SIMPLE/SEP box should not be checked. And yes, you will check that this 1099-R is going to be for 2026 - even though you are reporting these items on the 2025 return, the actual withdrawal occurred in 2026 and would be required to be reported by the IRA custodian on a 2026 1099-R.
No, you will not report the 2026 1099-R on your tax return for 2026 since it related to a 2025 event and was already reported on your 2025 return. When you receive the 2026 1099-R for the excess earnings, simply file it with your other tax documents, but do not include it on your 2026 tax return.
a month ago
If you’re a W-2 employee, under the Tax Cuts and Jobs Act you won’t be able to deduct unreimbursed business expenses on your federal return, but you may be able to deduct them on your state return. T...
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If you’re a W-2 employee, under the Tax Cuts and Jobs Act you won’t be able to deduct unreimbursed business expenses on your federal return, but you may be able to deduct them on your state return. There are exceptions if you’re an armed forces reservist, qualified performing artist, or fee-basis government official.
Refer to the TurboTax article Are Unreimbursed Employee Expenses Deductible? for more information.
If you’re an independent contractor, you can deduct your subscriptions on your Schedule C.
Refer to the TurboTax article Where do I enter Schedule C? for navigation instructions.
a month ago
My son is 21, (under 24) he is a full-time student, and lived at home, has no income. tt say he does not qualify for the 500 credit. why no explanation given
a month ago
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