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4 weeks ago
"I withdrew pre-retirement Roth IRA money" Your contribution of money, you can remove from the Roth anytime. Only earnings on that money cannot be removed early. TurboTax should ask for th...
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"I withdrew pre-retirement Roth IRA money" Your contribution of money, you can remove from the Roth anytime. Only earnings on that money cannot be removed early. TurboTax should ask for the relevant amount you contributed. @cavaken
4 weeks ago
The TurboTax desktop editions were updated on 01/29 and this included the Form 5695.
Update your software to the latest release, click on Online at the top of the desktop program screen then click ...
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The TurboTax desktop editions were updated on 01/29 and this included the Form 5695.
Update your software to the latest release, click on Online at the top of the desktop program screen then click on Check for Updates
The issue with the QMID codes was corrected with the software release today.
4 weeks ago
2 Cheers
This article will help you download any data you had in ItsDeductible (if used previously or during the year before it was shut down in October).
There will be a new tool that will help calcula...
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This article will help you download any data you had in ItsDeductible (if used previously or during the year before it was shut down in October).
There will be a new tool that will help calculate the Fair Market Value (FMV) of the donated items. However, no information on when it is going to be available yet.
4 weeks ago
1 Cheer
I agree. I may have to look to another tax preparation software solution. Bring it back.
4 weeks ago
It depends. If you’re copying the EIN from a PDF or digital W-2, you might be picking up hidden spaces or formatting. This can also happen if you imported the document and see something like XX-XXX45...
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It depends. If you’re copying the EIN from a PDF or digital W-2, you might be picking up hidden spaces or formatting. This can also happen if you imported the document and see something like XX-XXX4567.
Delete the number and type all 9 digits by hand, without the dash. TurboTax will format it as XX-XXXXXXX for you. If there’s already a dash in the box, clear it out before entering the number.
4 weeks ago
I decided to start AirBnB in December of 2025, and so I did not meet the 15 day requirement to file Schedule E for this. I am reporting this income regardless as Schedule C and will cancel out the e...
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I decided to start AirBnB in December of 2025, and so I did not meet the 15 day requirement to file Schedule E for this. I am reporting this income regardless as Schedule C and will cancel out the expenses. However, I did put thousands of dollars into my home to upgrade and prepare it for AirBnB. Is there a way I can still get deductions on these upgrades and expenses (e.g. everything from putting in a fence to purchasing food for the AirBnB, etc), either in my 2025 or eventually 2026 taxes?
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4 weeks ago
Click on Tax Tools on the left side of the online program screen. Then click on Print Center. Then click on Print, save or preview this year's return.
4 weeks ago
Same. Just hit the back button and it was right there.
4 weeks ago
What product are you referring to? TurboTax is not a subscription service.
4 weeks ago
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4 weeks ago
No where on my phone do I see unsubscribe. Im on my browser from my phone.
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4 weeks ago
copy of my 2025 tax documents
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4 weeks ago
Since he is a full time student you can claim him as your dependent under the Qualifying Child Rules.
To be a Qualifying Child -
1. The child must be your son, daughter, stepchild, foster chi...
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Since he is a full time student you can claim him as your dependent under the Qualifying Child Rules.
To be a Qualifying Child -
1. The child must be your son, daughter, stepchild, foster child, brother, sister, half brother, half sister, stepbrother, stepsister, or a descendant of any of them. 2. The child must be (a) under age 19 at the end of the year, (b) under age 24 at the end of the year and a full-time student or (c) any age and permanently and totally disabled. 3. The child must have lived with you for more than half of the year. Temporary absences while away at college are considered living with you. 4. The child must not have provided more than half of his or her own support for the year. 5. If the child meets the rules to be a qualifying child of more than one person, you must be the person entitled to claim the child as a qualifying child. 6. The child must be a U.S. citizen or U.S., Canada or Mexico resident for some portion of the year. 7. The child must be younger than you unless disabled.
4 weeks ago
If you owe $30k and pay it now through IRS Payments, and having missed the 4th quarter payment (1/15), then you're only talking about .05% of around 150 bucks at this point.
4 weeks ago
i called the turbotax helpline they said my tax return was sent to the IRS, but both my federal and state are still pending. when i log in on IRS.gov i cant find a return at all for the current year ...
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i called the turbotax helpline they said my tax return was sent to the IRS, but both my federal and state are still pending. when i log in on IRS.gov i cant find a return at all for the current year only the previous years is anyone else having this issue? ive filed with turbotax for years and have never had this happen usually accepts or rejects within a couple of hours
4 weeks ago
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4 weeks ago
I did find that option the following day and did already file. Thank you for your response. 🙂