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a month ago
Do not click anything that says amend. Click on Add a State---you do not really have to add a state return but that trick will let you back in to the return to make changes to it before you file.
a month ago
Error F7004-011-03 indicates the IRS rejected a Form 7004 extension because one was already accepted for the same Employer Identification Number (EIN) and tax period. To correct it, confirm if you or...
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Error F7004-011-03 indicates the IRS rejected a Form 7004 extension because one was already accepted for the same Employer Identification Number (EIN) and tax period. To correct it, confirm if you or your accountant already filed an extension, as it is likely a duplicate filing. If already filed, no action is needed.
a month ago
So I start with the Amendment and enter everything from there?
a month ago
See this when your spouse is a nonresident alien - https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-credits-deductions/file-taxes-spouse-nonresident-alien/L4AuRKrMd_US_en_US
a month ago
Try doing the amended return over. Go to Forms mode and delete the 1040X. Then go back to the step by step interview mode and delete the new 1099INT and put your return back to the way it was...
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Try doing the amended return over. Go to Forms mode and delete the 1040X. Then go back to the step by step interview mode and delete the new 1099INT and put your return back to the way it was originally filed. Be s ure to check it matches the filed return. Then start the amended return again. Don't enter the 1099 until after you amend. It sounds like you entered the new 1099 before you started amending the first time.
a month ago
If your capital loss is not carried over and you know your capital loss carryover, you can enter it in TurboTax.
To do this in TurboTax Online, please follow these steps:
Click on Federal ...
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If your capital loss is not carried over and you know your capital loss carryover, you can enter it in TurboTax.
To do this in TurboTax Online, please follow these steps:
Click on Federal on the left-hand panel, then on Wages and Income
Navigate to the list of income categories
Locate the Investments and Savings section and click on the arrow on the right
Click Start next to Capital loss carryover
Follow the interview to enter your capital loss carryover.
a month ago
IRS CP53E notice - https://www.irs.gov/individuals/understanding-your-cp53e-notice
What if I did not respond to the CP53E? (added Jan. 21, 2026)
If you don’t respond to the notice, we will is...
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IRS CP53E notice - https://www.irs.gov/individuals/understanding-your-cp53e-notice
What if I did not respond to the CP53E? (added Jan. 21, 2026)
If you don’t respond to the notice, we will issue a paper check after 6 weeks. For updates on your refund status, visit Where’s My Refund.
a month ago
My spouse is nonresident with no ITIN.
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a month ago
1 Cheer
The general sales tax is calculated automatically based on an IRS formula; if the program has automatically calculated that the general sales tax deduction would be better for you than your actual st...
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The general sales tax is calculated automatically based on an IRS formula; if the program has automatically calculated that the general sales tax deduction would be better for you than your actual state and local tax payments entered, then you should keep it selected as yes, and then hit Continue at the bottom to move forward.
a month ago
1 Cheer
You would enter it as an employee stock purchase plan (ESPP). It would not be a non-qualified stock option (NQSO) since it is not an option, just a stock purchase plan. Since the correct cost basis i...
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You would enter it as an employee stock purchase plan (ESPP). It would not be a non-qualified stock option (NQSO) since it is not an option, just a stock purchase plan. Since the correct cost basis is reported on your 1099-B form, you don't need to check the option you will see to correct the cost basis on the screen where you enter the sales proceeds and cost basis. You will need to enter the sales manually to reflect the correct short and long term gain status, as that will affect how the gains are taxed.
a month ago
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a month ago
Sorry one more thing to add. I did go back into turbotax as you said in your response Federal State and local tax refunds on form 1099-G enter the information for the state, return year and a...
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Sorry one more thing to add. I did go back into turbotax as you said in your response Federal State and local tax refunds on form 1099-G enter the information for the state, return year and amount The amount of my 2024 state refund is listed
a month ago
I'm not sure where to go in TT online.
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a month ago
It depends. @guywong has provided you with some helpful insights, but let me add some additional ones that you might consider. While you may save on state taxes, moving abroad triggers a new set of "...
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It depends. @guywong has provided you with some helpful insights, but let me add some additional ones that you might consider. While you may save on state taxes, moving abroad triggers a new set of "Expat" complications.
If you renounce your citizenship or long-term Green Card, and your net worth is over $2 million (which, with several rental properties and a large 401(k), is possible), you might be hit with an Exit Tax. The IRS treats your 401(k) as if it was fully distributed on the day before you left, potentially taxing the entire balance at once. I don't know if you went through this formal process or not but your 401K has the potential of being "fully" taxed by the federal government in this case.
If you are a non-resident alien, 401(k) providers are often required to withhold a flat 30% for federal taxes immediately. You may be able to get this back or reduce it if your new country has a tax treaty with the US, but it creates a massive temporary cash-flow hit.
Here are a couple of other considerations:
While the US state won't tax you, your new country might.
Many countries tax their residents on "worldwide income."
Unless there is a specific tax treaty provision (like the US-UK or US-Canada treaties), you could end up paying more to your new home country than you saved by leaving California or New York.
Many US brokerages (Fidelity, Vanguard, etc.) will freeze or limit accounts once they see a foreign address. You might be forced to liquidate your 401(k) or move it to a high-fee "expat-friendly" custodian, which can eat into your savings.
@peiningtsou
a month ago
The figure on line 18 of Form 8606 is supposed to be transferred to line 4b of Form 1040 -- but it isn't transferring that figure. What is wrong with the software and how does this get resolved?
a month ago
When entering your form 1099-DIV, on the entry screen, if needed check the box My form has info in other boxes (this is uncommon) and more boxes will appear. You can enter Federal taxes withheld in ...
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When entering your form 1099-DIV, on the entry screen, if needed check the box My form has info in other boxes (this is uncommon) and more boxes will appear. You can enter Federal taxes withheld in box 4.
a month ago
I have always used TurboTax for yrs. I have paid for the 2025 but I forgot how to get started. I was used to receiving a cd. How do I start to do my 2025 tax
a month ago
If the repayment happened in the same year as the Paid Leave, you can subtract the amount from the benefits you received to report the income correctly on the federal return.
If the repayment i...
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If the repayment happened in the same year as the Paid Leave, you can subtract the amount from the benefits you received to report the income correctly on the federal return.
If the repayment is from a prior year, you can enter as a Repayment. See What is a claim of right repayment? - TurboTax Support - Intuit