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I have used Turbo Tax for some time and recently started using Quickbooks online as treasurer for our church.  Unfortunately when I signed up for QB it prefilled my old Turbo Tax ID and now have the ... See more...
I have used Turbo Tax for some time and recently started using Quickbooks online as treasurer for our church.  Unfortunately when I signed up for QB it prefilled my old Turbo Tax ID and now have the same ID for both programs.  Is there a way to change my ID on one or the other?
DID YOU E-FILE?   Did you e-file?   Did you go through all three steps of the FILE section and click a big orange button that said “Transmit my returns now?”     When you e-file your return... See more...
DID YOU E-FILE?   Did you e-file?   Did you go through all three steps of the FILE section and click a 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.   Check your e-file status:   https://turbotax.intuit.com/tax-tools/efile-status-lookup/    What does it say in your account?  Does it show that the return was accepted?   Or does it say something else---like "rejected," "printed," or "ready to mail?”   If you discover or realize that your e-file was rejected, you will need to print it, sign and date it in ink, and file it by mail now, since e-filing is closed for returns for tax year 2024.
No.  Each tax year has its own software with the forms for that specific tax year.   The current online software can only be used for a 2025 return.   It is too late to use online for a 2024 return. ... See more...
No.  Each tax year has its own software with the forms for that specific tax year.   The current online software can only be used for a 2025 return.   It is too late to use online for a 2024 return.  For a 2024 return you will need the desktop download to use on a full PC or Mac; the return will have to be filed by mail.   Each tax year has to be filed separately using the forms for the specific tax year.  They cannot be combined in any way--do not even put them in the same envelope when you mail them.  Software for past years is available back to 2022.  Any earlier years can only be prepared on paper forms by hand--and those refunds have been forfeited now.   You cannot change the tax year.   The current online program is for 2025 only.   Only a 2025 return can be prepared online and only a 2025 return can be e-filed.   Online preparation and e-filing for 2022, 2023, and  2024 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 2022, 2023, or 2024  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.      
You have to do each year separately.  For 2025 you can use either the Online browser version or buy the Desktop program.   Sign in or start a new account here, https://turbotax.intuit.com/personal-t... See more...
You have to do each year separately.  For 2025 you can use either the Online browser version or buy the Desktop program.   Sign in or start a new account here, https://turbotax.intuit.com/personal-taxes/online   Or you  can buy the Desktop Download program here or in stores or online like Amazon, Costco, etc. https://turbotax.intuit.com/personal-taxes/cd-download You need a full Windows 11 or Mac OS Sonoma 14 computer to install it.   FOR 2024 To do a prior year return you have to buy the Desktop program here, https://turbotax.intuit.com/personal-taxes/past-years-products You will need Windows 10 or Mac Ventura 13 to install it on.    
Each tax year is a separate program.   To complete and file a 2024 tax return using TurboTax you would need to purchase, download and install on a personal computer one of the 2024 desktop editio... See more...
Each tax year is a separate program.   To complete and file a 2024 tax return using TurboTax you would need to purchase, download and install on a personal computer one of the 2024 desktop editions from this website - https://turbotax.intuit.com/personal-taxes/past-years-products/   A 2024 tax return can only be printed and mailed, it cannot be e-filed using TurboTax.   Go to this website to purchase, download and install on a personal computer, Windows or Mac, one of the 2025 desktop editions - https://turbotax.intuit.com/personal-taxes/compare/desktop/   Go to this website for the 2025 online editions - https://turbotax.intuit.com/personal-taxes/online/file-your-own-taxes/
This list is from perspective of filing availability which is why it refers to 8949 and Schedule D, which are what gets filed by inputting 1099B info.  That's all we have to go on really, if those en... See more...
This list is from perspective of filing availability which is why it refers to 8949 and Schedule D, which are what gets filed by inputting 1099B info.  That's all we have to go on really, if those end filing results will be available Jan 6th then presumably the 1099B input will be too.   Guess we'll see next week.
We went for compassionate treatment .
The software still needs some updates as the tax season gets underway----the "overtime" section is not yet ready.
MY SPOUSE LIVES ABROAD AND/OR DOES NOT HAVE A SSN https://ttlc.intuit.com/turbotax-support/en-us/help-article/taxation/married-person-claim-head-household-filing-status/L078u1RSW_US_en_US?uid=lmtc1... See more...
MY SPOUSE LIVES ABROAD AND/OR DOES NOT HAVE A SSN https://ttlc.intuit.com/turbotax-support/en-us/help-article/taxation/married-person-claim-head-household-filing-status/L078u1RSW_US_en_US?uid=lmtc1ov4 https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-credits-deductions/file-taxes-spouse-nonresident-alien/L4AuRKrMd_US_en_US?uid=m5r1a77j https://www.irs.gov/individuals/international-taxpayers/nonresident-spouse   https://turbotax.intuit.com/tax-tips/family/claiming-a-non-citizen-spouse-and-children-on-your-taxes-/L6VM4IzTQ
@user17671144466   Are you using the Desktop installled program?  Besides the What-If worksheet you can just start a new return to test in.  The Desktop program can do unlimited returns.  Go up to Fi... See more...
@user17671144466   Are you using the Desktop installled program?  Besides the What-If worksheet you can just start a new return to test in.  The Desktop program can do unlimited returns.  Go up to File-New and it will first save your current return.  I have many test returns to help answering questions on mine.  
You've got your hands full with the NUA and QBI.. Fortunately, being retired for 20 years, my situation simple by comparison. I believe ChatGPT was correct relative to the LTCLoss.  It boils dow... See more...
You've got your hands full with the NUA and QBI.. Fortunately, being retired for 20 years, my situation simple by comparison. I believe ChatGPT was correct relative to the LTCLoss.  It boils down to Proceeds minus Basis. In your case, all is prorated if half is sold. Long‑term capital loss offsets other LT gains    
Hi there,   1. On 12/26, I funded my Traditional IRA . 2. Also on 12/26, I request to fully convert it to my Roth IRA. 3. The conversion was done on 12/29 (only 1 business day). 4. Today (12/30)... See more...
Hi there,   1. On 12/26, I funded my Traditional IRA . 2. Also on 12/26, I request to fully convert it to my Roth IRA. 3. The conversion was done on 12/29 (only 1 business day). 4. Today (12/30), I found 1 cent in the Traditional IRA.   I have submitted another request to convert the 1 cent to the Roth again.  Hopefully they can have it done tomorrow.   If not, do I still need to do the pro-rata tax calculation or 1 cent would just be omitted by both my broker and IRS?   Thank you very much for taking a look at my stupid question!
  WHAT IF…? If you are using Desktop software: With your return open, click Forms in the upper-right-hand corner Click Open Form In the Search area, type the word what. You should see the... See more...
  WHAT IF…? If you are using Desktop software: With your return open, click Forms in the upper-right-hand corner Click Open Form In the Search area, type the word what. You should see the What If Worksheet listed, click to open it.
I downloaded the 2025 software and trying to transfer the 2024 return. The 2025 version is finding the tax return.  I click on it and then click the "continue" button, but nothing happens. Please adv... See more...
I downloaded the 2025 software and trying to transfer the 2024 return. The 2025 version is finding the tax return.  I click on it and then click the "continue" button, but nothing happens. Please advise.  
How come the various 1099 forms do not show up on that list? Are they just part of the 1040? Right now the 1099-B doesn't even show up in the Windows version.
M-Mtax, I understand the question.  First, my quote is actually 17500, and I don't expect anything major at this point (furnace and water heater done in 2024). i live i So Cal so property is a litt... See more...
M-Mtax, I understand the question.  First, my quote is actually 17500, and I don't expect anything major at this point (furnace and water heater done in 2024). i live i So Cal so property is a little pricey and therefore 10k is the lower of the limits. I think I could take about 9k this year before hitting the limit leaving 8500 next year.   But AmeliesUncle got me looking further about Roof repairs. seems like most responses on internet search would lean towards Capital expense (depreciate), but throwing this out there in case either of you (or other Community members) can further opine, or possibly point to a credible source that  leans toward current expense. I took ownership in 2020. Roof (asphalt shingles) approaching near end of its life but has held on. No leaks thus far and don't want to risk that so doing the work soon.   I relooked at the quote detail. It's simply a asphalt shingle overlay (they are not removing existing shingles - I recall now that you can do this once before having to remove shingles on future replacement (a weight issue). so no underlayment (paper) replacement......does that possibly impact classification?    Thanks all