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4 weeks ago
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4 weeks ago
How can I enter an additional landlord for rent credit?
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4 weeks ago
I share my email with my mom. I want her to do her taxes too with this email.
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4 weeks ago
The IRS no longer sends paper checks for tax refunds. All federal tax refunds are paid by direct deposit.
4 weeks ago
Texas has no state income tax so Texas will not appear in certain drop down menus. Leave it blank.
4 weeks ago
Texas does not appear on Box 13
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4 weeks ago
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4 weeks ago
@PapaGary wrote: I have not updated to Window 11 and with all of the issues they are now having with it... Not sure what issues those would be. I have Windows 11 installed now on several mach...
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@PapaGary wrote: I have not updated to Window 11 and with all of the issues they are now having with it... Not sure what issues those would be. I have Windows 11 installed now on several machines and have not experienced any issues.
4 weeks ago
1 Cheer
We can't see your tax return!
Have you completed the posting of your return?
If you haven't filed yet, you can see your 1040 tax return.
From the left sidebar
Click on Tax Tools
Click To...
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We can't see your tax return!
Have you completed the posting of your return?
If you haven't filed yet, you can see your 1040 tax return.
From the left sidebar
Click on Tax Tools
Click Tools
A Menu will pop up
Select View tax summary
On the left panel click Preview my 1040
Some Key numbers to compare:
11 Adjusted Gross Income
12 Deductions
15 Taxable income
16 Tax
19 Child Tax Credit
26 Earned Income Tax Credit
28 Additional Child Tax Credit
33 Total Payments
34 Overpayment
35a Refund
37 Amount you owe
4 weeks ago
Please clarify a couple things for me - did you have the truck depreciating over the last several years in TurboTax or are you entering all of it now?
If you've been carrying it over for a few ...
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Please clarify a couple things for me - did you have the truck depreciating over the last several years in TurboTax or are you entering all of it now?
If you've been carrying it over for a few years then what depreciation does the system show?
4 weeks ago
I have the desktop version of Home and Business 2025. I have over (10) 1099-NEC forms, and thus need to e-file. I have entered all of the necessary data for the forms and have completed the intervi...
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I have the desktop version of Home and Business 2025. I have over (10) 1099-NEC forms, and thus need to e-file. I have entered all of the necessary data for the forms and have completed the interview, audit check, etc. The program allows me print and save the PDFs of the forms, but there is no option to e-file. E-file options on the File menu are greyed-out. How do I e-file these forms? The software says it allows up to 5 free e-files for businesses. Thanks
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4 weeks ago
No one else can see your screen, your tax return or your account. You have to use the do-it-youself approach and look for yourself. What does it say in your account? What does it say on your Fo...
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No one else can see your screen, your tax return or your account. You have to use the do-it-youself approach and look for yourself. What does it say in your account? What does it say on your Form 1040? If you are getting a federal refund, it will be shown on line 35a. If you owe federal tax to the IRS, it will be on line 37, and you are not getting a refund.
https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-return/preview-turbotax-online-return-filing/L77WCkvnu_US_en_US?uid=m681fkhr
4 weeks ago
Can I claim a rent credit for 2 different landlords in Washington DC and how do I do that, I moved during the year
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4 weeks ago
First, did you have an excess HSA contribution carryover from 2024?
TurboTax should not be saying that you have an excess based on what you said, but you entered something that made it think yo...
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First, did you have an excess HSA contribution carryover from 2024?
TurboTax should not be saying that you have an excess based on what you said, but you entered something that made it think you did.
I will append this standard answer that I have developed over the years, because accidentally indicating that you have an excess is a common occurrence. If one of these does not describe your situation come back and talk to us:
***
One of the purposes of the HSA interview is to determine your annual HSA contribution limit.
As you probably know, the maximum limits in 2025 are:
$4,300 - individual with self-coverage
$8,550 - individual with family coverage
If the HSA owner is 55 or older, then you add $1,000 to these amounts.
However, these limits assume that you were in an HSA all year. If you left the HSA during the year or started Medicare or had one of a number of change events, then the limit is reduced.
There are several major culprits for excess contributions (other than just actually contributing more than the limit).
First, if you did not complete the HSA interview - that is, go all the way until you are returned to the "Your Tax Breaks" page - the limit still might be set to zero, causing a misleading excess contribution message.
There are questions all the way to the end of the interview that affect the annual contribution limit.
Second, it is not unusual for taxpayers to accidentally duplicate their contributions by mistakenly entering what they perceive to be "their" contributions into the second line on the "Let's enter your HSA contributions" screen.
Normally, any employee who made contributions to his/her HSA through a payroll deduction plan has the contributions included in the amount with code "W" in box 12 on the W-2. This is on the first line on this screen (above). Don't enter the code W amount anywhere on the return other than on the W-2 page.
Third, if you weren't in HDHP coverage all 12 months, then the annual contribution limit is reduced on a per month ratio. NOTE, this means that you have to indicate when and under what type of HDHP plan you had. Be sure to answer the questions on the screen entitled "Was [name] covered by a High Deductible Health Plan in 2025?".
Fourth, if you had a carryover of excess contributions from 2024, then this carryover is applied to 2025 as a reduction to the 2025 HSA contribution limit, which could cause an excess condition in 2025 as well. But note: if you had an excess contribution in 2024 but cured it by withdrawing the excess in early 2025, then do NOT report an "overfunding" on your 2025 return.
Fifth, the Family limit ($8,550) is for the aggregate of contributions by both taxpayers, even if both taxpayers have their own HSAs. That is, one taxpayer can’t contribute $8,550 to his/her HSA and the other contribute $4,300 to the other HSA – the $8,550 limit applies to the aggregate of all HSA contributions credited to the family (in this case, the excess contributions would be $4,300).
4 weeks ago
Thank you for this information. Looks like the difference is an estimated tax penalty. I just need to enter the details of estiamted tax payments and this should clear.
4 weeks ago
On Desktop[. Files always there unless I delete because OneDrive is complaining about them. Location is C:\Users\crsta\OneDrive\CRS Documents\Documents\TurboTax That is location of saved PDF files...
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On Desktop[. Files always there unless I delete because OneDrive is complaining about them. Location is C:\Users\crsta\OneDrive\CRS Documents\Documents\TurboTax That is location of saved PDF files of previous tax years. And there is no affect to TT if I delete them as someone else remarked. FYI Just ran TT and dates on files did not change. I think the date on one file is same as last update 1/22/26 and other is same a previous update1/20/26. I have entered new data and saved since last version update.
4 weeks ago
@romad wrote: Regarding replacing TT, other than H&R Block, what other tax software is there for personal (non-business) use? For desktop (installed), there is only TaxAct, other than TurboTa...
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@romad wrote: Regarding replacing TT, other than H&R Block, what other tax software is there for personal (non-business) use? For desktop (installed), there is only TaxAct, other than TurboTax and H&R Block.
4 weeks ago
Never had issue in past years with Turbo Tax It shows three from past info but after I enter the first one the choice for the company disappears
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4 weeks ago
I have been receiving an inherited IRA since 2007 and never have pulled out money for an RMD for this account. Now I see that I needed to declare that money as an RMD. The previous years did not re...
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I have been receiving an inherited IRA since 2007 and never have pulled out money for an RMD for this account. Now I see that I needed to declare that money as an RMD. The previous years did not require an RMD to be shown separately, but was included in income. Is this a new law?
4 weeks ago
you are right you don't meet the rule of 5 month sorry; you had to at least have 1 day as a student in the 5th month then you would meet the rule.