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4 weeks ago
I'm not sure what any of that means, to be honest. As said, I haven't touched taxes in 20 years. I know some of the stuff seems inflated in price. One $49.99 item has a coupon on it for $39.99. On...
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I'm not sure what any of that means, to be honest. As said, I haven't touched taxes in 20 years. I know some of the stuff seems inflated in price. One $49.99 item has a coupon on it for $39.99. One $29.99 item doesn't even exist on Amazon anymore. Wouldn't that mean the value would be off? Since they aren't even made/sold anymore, likely due to the fact it was a bad product. One product is listed on my end as $38.99, but it's being sold on Amazon for $25 because it was another bad product, and I assume they lowered the price because of that. Another's ETV was $39.99, now the typical price striked out is $31.49 and Amazon is selling it for $29.99 But no, regardless of anything else, this is nothing but a hobby.
4 weeks ago
I have submitted my taxes forms using turbotax for the last three years. But this year turbotax doesn't allow me to submit it without a state ID or a driver's license, and I have neither of those
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4 weeks ago
If your Mac does not meet the system requirements for 2025 desktop download then you can use online TurboTax instead.
https://ttlc.intuit.com/community/system-requirements/help/minimum-system-r...
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If your Mac does not meet the system requirements for 2025 desktop download then you can use online TurboTax instead.
https://ttlc.intuit.com/community/system-requirements/help/minimum-system-requirements-for-turbotax-mac-software/00/25609
ONLINE 2025
https://turbotax.intuit.com/personal-taxes/online/
And just so you know—online prices go up in March—Pay your fee before then to lock in the discount
4 weeks ago
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4 weeks ago
Don't quote me but I just heard from an Adminstrator "by the end of the day". So keep checking.
4 weeks ago
1099-NEC. Yes info on the actual forms looks correct.
4 weeks ago
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4 weeks ago
Hi everyone, I am an F-1 student and I realized I forgot to file Form 8843 for the 2024 tax year. I had no U.S. income in 2024, so I am only filing Form 8843 to declare my exempt days. Here is my...
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Hi everyone, I am an F-1 student and I realized I forgot to file Form 8843 for the 2024 tax year. I had no U.S. income in 2024, so I am only filing Form 8843 to declare my exempt days. Here is my situation regarding my SSN: I did not have an SSN in 2024, but I received one in May 2025. Since I have an SSN now while filing, should I enter it on the 2024 form, or leave it blank because I didn't have it back then? Thank you.
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4 weeks ago
1 Cheer
Don't quote me but I just heard from an Adminstrator "by the end of the day". So keep checking.
4 weeks ago
When will the pension and IRA be updated. Today is 1/21 so where is the update?
4 weeks ago
I agree that you aren't going to find your hourly rate on your W-2.
However, your pay stub typically will reflect both the straight time and overtime hours allocated to the pay period. It ma...
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I agree that you aren't going to find your hourly rate on your W-2.
However, your pay stub typically will reflect both the straight time and overtime hours allocated to the pay period. It may also reflect a note on the hourly wage.
You can contact your employer, and ask what your rate is.
You may have a current pay stub that was attached to your check.
You may be able to get a stub online
The pay stud should show both straight time and overtime hours and pay.
Divide the straight time pay by the straight time hours.
The Hourly Wage is not required to determine the overtime amount. We suggest one to the solutions above to determine the overtime amount.
To post the overtime
Log into TurboTax
Click on Tax Home on the left sidebar.
Select Wages & Income.
Review/Edit or select W-2.
Enter your Employer ID.
The options for Snap a picture and Upload have step by step directions.
You can also select [Type it Myself] at the bottom of the screen.
Enter your employer's information.
Post the information from the W-2.
You may be prompted to double check certain information.
A sample of your tax due or refund will be posted for the data you have entered so far.
A Let's check for uncommon situations will come up.
This is where you will post overtime and other uncommon situations.
Continue through the interview if any of these apply.
This will bring you back to the summary page.
Please see this article for additional information about No Tax on Overtime and Treasury IRS Guidance
4 weeks ago
1 Cheer
From Cindy at Turbotax: She said the IRS has these forms and they are the ones that send them to Turbo Tax. In checking on the status of the 1099-R, and after she asked a couple other folks, wa...
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From Cindy at Turbotax: She said the IRS has these forms and they are the ones that send them to Turbo Tax. In checking on the status of the 1099-R, and after she asked a couple other folks, waiting a long time, they told her the availability of the form's date was today, Jan 21st, but they said the programmers need to input the entire form into the code and it may take another 2 days to do that so look starting January 23rd. That's all I got.
4 weeks ago
So you entered this on a 1099-MISC or a 1099-NEC? The interview process for 1099-R is not ready yet, so I wonder if something is carrying over to your situation, even though you are not using a 1...
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So you entered this on a 1099-MISC or a 1099-NEC? The interview process for 1099-R is not ready yet, so I wonder if something is carrying over to your situation, even though you are not using a 1099-R. Still, so far as you can tell, your return appears to be accurate, right? @drelocks
4 weeks ago
See this post for new information https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/on-investment-and-savings-for-crypto-i-use-koinly-and-it-used-to-be-csv-files-now-i-c...
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See this post for new information https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/on-investment-and-savings-for-crypto-i-use-koinly-and-it-used-to-be-csv-files-now-i-can-not-use-that/01/3728836
4 weeks ago
Need Help
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4 weeks ago
It is called transferring--not importing. You can transfer your 2024 tax file from desktop to 2025 online TT at the very beginning before you enter any other 2025 information.
How to transfe...
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It is called transferring--not importing. You can transfer your 2024 tax file from desktop to 2025 online TT at the very beginning before you enter any other 2025 information.
How to transfer last year’s return?
https://ttlc.intuit.com/turbotax-support/en-us/help-article/import-export-data-files/transfer-last-year-return-turbotax-online/L279eUvY2_US_en_US?uid=m6ayqk1s
4 weeks ago
I think I answered my own question. The reason it is shown as income, is because the IRS wants to know if I used it for anything else but medical expenses. If I select I used for none medical, I woul...
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I think I answered my own question. The reason it is shown as income, is because the IRS wants to know if I used it for anything else but medical expenses. If I select I used for none medical, I would be hit with the 20% tax. Thanks everyone for your commitments.
4 weeks ago
I am seeing this issue continue into this year. My Home Office deduction is being disallowed due to no positive income, but my business is profitable.
4 weeks ago
1 Cheer
There is a dollar limit on the amount of your work-related expenses you can use to figure the Child and Dependent care credit. For 2024, this limit is the lower of actual expenses or $3,000 if you ha...
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There is a dollar limit on the amount of your work-related expenses you can use to figure the Child and Dependent care credit. For 2024, this limit is the lower of actual expenses or $3,000 if you had one qualifying person, or $6,000 if you had two or more qualifying persons.
If you received dependent care benefits that you exclude or deduct from your income (such as a contribution to a Dependent Care FSA), you must subtract that amount from the dollar limit that applies to you.
In your case, the dollar limit is $3,000 and if your FSA deduction is $3,000 or more, you can no longer claim the Child and Dependent care credit.
Please read this IRS publication page 12, for more information.
4 weeks ago
Don't quote me but I just heard from an Adminstrator "by the end of the day". So keep checking.