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4 weeks ago
I made about $700 profit from my brokerage account trading stocks, options in the whole year. My broker is showing a net gain of almost $6700 and are saying I might have to short term gain tax o...
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I made about $700 profit from my brokerage account trading stocks, options in the whole year. My broker is showing a net gain of almost $6700 and are saying I might have to short term gain tax on 6700 which is almost 3 times the actual gain of $700. Is this something that can be amended while doing the actual tax return. It doesn't make sense to be paying so much when the actual cash profit is only $700. They used FIFO cost basis which is probably why the net gain is so high. Any suggestions?
4 weeks ago
Sunday, 25 Jan: It is available in the "Online" software now, on the Deductions & Credits page, down where you enter the Home section... Home Energy Credits. BUT Isn't in the Desktop software y...
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Sunday, 25 Jan: It is available in the "Online" software now, on the Deductions & Credits page, down where you enter the Home section... Home Energy Credits. BUT Isn't in the Desktop software yet...perhaps mid-late in next week
4 weeks ago
Sunday, 25 Jan: It is available in the "Online" software now, on the Deductions & Credits page, down where you enter the Home section... Home Energy Credits. BUT Isn't in the Desktop software y...
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Sunday, 25 Jan: It is available in the "Online" software now, on the Deductions & Credits page, down where you enter the Home section... Home Energy Credits. BUT Isn't in the Desktop software yet...perhaps mid-late in next week
4 weeks ago
While you can't enroll or manage your market place plan with a telephone call from abroad, you can call the marketplace phone number, 1-800-318-2596 to ask questions, and find out the best way to pro...
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While you can't enroll or manage your market place plan with a telephone call from abroad, you can call the marketplace phone number, 1-800-318-2596 to ask questions, and find out the best way to proceed in your situation.
4 weeks ago
Perhaps all of the cryptocurrency upload software is not yet operational.
The TurboTax Help How do I upload a CSV file of my crypto transactions? states:
Select +Add investments if you...
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Perhaps all of the cryptocurrency upload software is not yet operational.
The TurboTax Help How do I upload a CSV file of my crypto transactions? states:
Select +Add investments if you've already added some crypto info.
On the Let's import your tax info screen, select Enter a different way, Cryptocurrency, and then Continue.
Follow the onscreen instructions to upload your cryptocurrency.
In TurboTax Premium Online, if I select Enter a different way, I do not receive the Cryptocurrency prompt. Nor do I receive a prompt for CSV file.
This tax year introduces a new IRS tax form 1099-DA Digital Asset Proceeds From Broker Transactions.
IRS Form 1099-DA will be used by brokers to report proceeds from (and in some cases, basis for) digital asset dispositions to you and the IRS.
4 weeks ago
Please clarify your issue.
Did you have Marketplace insurance?
Are you missing a 1095-A?
Did you get a 1095-A and need help posting it?
Did you already submit your tax return, and y...
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Please clarify your issue.
Did you have Marketplace insurance?
Are you missing a 1095-A?
Did you get a 1095-A and need help posting it?
Did you already submit your tax return, and you have to Amend it?
Please reach out again, and provide additional details.
4 weeks ago
@victor-bertolina So you did get the SS section to finally work for you? (Works fine on my Windows 11 Premier....I just edited SSA-1099 on a test file)
4 weeks ago
When using the TurboTax desktop editions, click on Forms.
When in Forms mode, you should see the Federal Information Worksheet displayed. To view a personal worksheet, click on Personal Wks (Name)...
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When using the TurboTax desktop editions, click on Forms.
When in Forms mode, you should see the Federal Information Worksheet displayed. To view a personal worksheet, click on Personal Wks (Name) on the left side of the screen.
4 weeks ago
To enter property tax for a rental property, log into your TurboTax Online return and go to the rentals screen under Wages & Income.
On the screen What are you here to report?, select Renta...
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To enter property tax for a rental property, log into your TurboTax Online return and go to the rentals screen under Wages & Income.
On the screen What are you here to report?, select Rental property and Continue.
Follow the prompts to enter all the info about your rental property, including a description of the property, your rental income, any expenses and assets, and other less common situations about your rental.
Property (Real Estate) taxes are included under Expenses.
Additional Information:
Where do I enter income and expenses from a rental property?
What kinds of rental property expenses can I deduct?
How do I handle capital improvements and depreciation for my rental?
4 weeks ago
Topics:
4 weeks ago
@Meekearth Depends...if you have other income...pensions, IRAs, investment income like dividends & interest, or stock/bond/mutual fund sales......then some of your SS may be taxed. Up to 85% ma...
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@Meekearth Depends...if you have other income...pensions, IRAs, investment income like dividends & interest, or stock/bond/mutual fund sales......then some of your SS may be taxed. Up to 85% may be included in taxable, at the most. BUT, if your only income is SS, then you do not have to file unless you have a 1095A for purchased Obamacare med insurance. Being over/under age 65 is immaterial. Thus, if you file taxes, you must always enter your SSA-1099 into the tax software...and the software will calculate whether any of it is taxable, and will include whatever is taxable on your form 1040, line 6b
4 weeks ago
Topics:
4 weeks ago
I suggest you do two things: Check your final pay stub. If you didn't keep it, it may be online. Contact your employer. I suspect other people are having this issue. Also, did you have any p...
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I suggest you do two things: Check your final pay stub. If you didn't keep it, it may be online. Contact your employer. I suspect other people are having this issue. Also, did you have any paid leave during the year? Don't guess! Make sure of how you should post the W-2.
4 weeks ago
The TurboTax Help How do I upload a CSV file of my crypto transactions? states:
In TurboTax Online, enter 'cryptocurrency' in the search magnifying glass in the upper right hand corner of the s...
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The TurboTax Help How do I upload a CSV file of my crypto transactions? states:
In TurboTax Online, enter 'cryptocurrency' in the search magnifying glass in the upper right hand corner of the screen. Then select 'Jump to cryptocurrency'.
On the Did you have investment income in 2025? screen, select Yes.
You may receive the Let's check again for crypto details screen. Answer the questions as they apply to you and select Continue.
Select +Add investments if you've already added some crypto info.
On the Let's import your tax info screen, select Enter a different way, Cryptocurrency, and then Continue.
Follow the onscreen instructions to upload your cryptocurrency.
This tax year introduces a new IRS tax form 1099-DA Digital Asset Proceeds From Broker Transactions. IRS Form 1099-DA will be used by brokers to report proceeds from (and in some cases, basis for) digital asset dispositions to you and the IRS.
4 weeks ago
Alright, what the heck is going on with Intuit's receiving hub for tax returns? Have attempted multiple times (and yes, restarting the program and computer) since last evening to transmit my return ...
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Alright, what the heck is going on with Intuit's receiving hub for tax returns? Have attempted multiple times (and yes, restarting the program and computer) since last evening to transmit my return and get the message back, "We're experiencing Internet tansmission problems..." Come on, at least let users know that there are site-wide issues. Maybe caused by the severe weather. But the lack of information is unprofessional...
4 weeks ago
See this TurboTax support FAQ for information on the verification codes - https://ttlc.intuit.com/turbotax-support/en-us/help-article/security-risk/trouble-filing-verification-code/L6X76gZlE_US_en_US
4 weeks ago
Can you provide more information? At which step does it give you that message?
4 weeks ago
@user17693131855
You will have to contact TurboTax support for assistance with this problem. Use the key words Billing Issue
See this TurboTax support FAQ for contacting support - https://ttlc...
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@user17693131855
You will have to contact TurboTax support for assistance with this problem. Use the key words Billing Issue
See this TurboTax support FAQ for contacting support - https://ttlc.intuit.com/turbotax-support/en-us/help-article/account-management/turbotax-phone-number/L0Od33nMQ_US_en_US?uid=lfgviwbm
Support is open from 5am to 5pm, Monday thru Friday, Pacific Time
4 weeks ago
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