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a month ago
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a month ago
1 Cheer
I have the same problem—I can see that page but it's not possible to add a second 1099-SA right now because the "Add" button there just overwrites your first one.
a month ago
To resolve this, I suggest clearing your cookies and cache to (How to clear your cache).
Alternatively, you can also try to use incognito mode (Ctrl + shift + N in Chrome and Edge browsers),...
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To resolve this, I suggest clearing your cookies and cache to (How to clear your cache).
Alternatively, you can also try to use incognito mode (Ctrl + shift + N in Chrome and Edge browsers), log into your return, and try again.
a month ago
Sorry, you misread the question. I asked how, and you said "no, however yes." And box 5 of the 1099-SA is "Type of plan," not something that a number can be typed into. Did you mean box 1? Why does T...
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Sorry, you misread the question. I asked how, and you said "no, however yes." And box 5 of the 1099-SA is "Type of plan," not something that a number can be typed into. Did you mean box 1? Why does TurboTax ask me for things like the payer's federal ID number if it's just going to be ignored?
a month ago
from an accounting standpoint, the debt would be debited, and the basis of the assets would be credited.
a month ago
Good to know a fix is coming but that didn’t answer my question as to whether I should restart with a file I saved, or continue with one I was working on that I made changes to in the SDA section?
a month ago
1 Cheer
As @MonikaK1 mentioned, the forms are projected to be available towards the end of next week. To request a refund, see How do I request a refund for my TurboTax product?
a month ago
8 Cheers
This does not seem to work. I cannot remove Canadian Registered Pension Income from Retirement Plans and Social Secrity section.
a month ago
I have started an amended 2024 Tax Return using the 2024 TurboTax Home and Business Desktop Application. When I navigate to Personal Income>Investment Income>Stocks, Cryptocurrency, Mutual Funds, Bo...
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I have started an amended 2024 Tax Return using the 2024 TurboTax Home and Business Desktop Application. When I navigate to Personal Income>Investment Income>Stocks, Cryptocurrency, Mutual Funds, Bonds, Other and click "Update", I am unable to add another investment. The page lists my investments, but I need to add one that was not reported, but when I scroll to the bottom to press the "Add Investments" button, the screen just goes white after that. Is there another way to add investment income? I am specifically trying to report some cryptocurrency sales.
a month ago
If you're entering depreciation for assets used in a rental business, the latest information is that the depreciation calculators for Schedule E are still under construction with an ETA of February 1...
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If you're entering depreciation for assets used in a rental business, the latest information is that the depreciation calculators for Schedule E are still under construction with an ETA of February 19th.
If you're entering depreciable assets for a regular self-employed Schedule C business, that is ready and available in the software. You can update the depreciation values in the expenses portion of the self-employment income interview screens:
TurboTax Online/Mobile: Go to the Self-Employment screen under Wages & Income.
TurboTax Desktop:
Go to Federal Taxes.
Go to Wages & Income.
Under Business Items, select Start or Update next to Business Income and Expense (Sch C).
If you're still unable to update depreciation expense for a Schedule C business, you may need to begin troubleshooting by clearing your browser cache, or try logging into TurboTax Online using a different browser. For Desktop, see the: Manually Update TurboTax for Windows Software
a month ago
I have two children, one of which is eligible for a Trump account and one that is not. When I encounter the screen that prompts to open a Trump account, I opt to do so because one of my two children...
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I have two children, one of which is eligible for a Trump account and one that is not. When I encounter the screen that prompts to open a Trump account, I opt to do so because one of my two children is eligible. Then it displays a page titled, "Let's get some additional info about you". On that page it has both children listed beneath a question that reads, "Who lives with you?" They both live with me but only one is eligible (I don't know why it even asks this question because them living with me or not is irrelevant in this case). Whether I check both or only the eligible child, TurboTax is checking the option under Part VII of the Dependent and Nondependent Information Worksheet form that reads, "Would you like to sign up for a Trump Account?" It is doing this for the ineligible child. If run the review again then it says there's an error and presents the applicable form, at which time I uncheck it and click "Continue". Then it goes through this same sequence and puts me in an infinite loop. Some digging in forums has confirmed that this is a known bug. How bugs this obvious get past Q/A I'll never know, but I need guidance on what to do because I can't file my taxes and also open a Trump Account for my eligible child.
a month ago
@Butorj1 , generally 1099-NEC requires a Schedule-C -- you are doing a sole-proprietor business of something sales / delivery . You need Schedule C because your gross income and your associated...
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@Butorj1 , generally 1099-NEC requires a Schedule-C -- you are doing a sole-proprietor business of something sales / delivery . You need Schedule C because your gross income and your associated expenses for this income stream needs to be reported. Note that the net income ( exclusive of tips ) -- some 92% -- will attract Self-Employment tax -- equivalent of FICA taxes -- called SECA at 15.3% -- Social Security and Medicare .
For business /activity code , choose something that seems nearest to what you actually do.
Do you need more help on this ?
a month ago
I entered $500 of medical expenses in TurboTax (which is more than 2% of my AGI), and I can see the amount listed on Worksheet F. However, it isn’t flowing to Line 31 on the NJ‑1040. I’ve tried multi...
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I entered $500 of medical expenses in TurboTax (which is more than 2% of my AGI), and I can see the amount listed on Worksheet F. However, it isn’t flowing to Line 31 on the NJ‑1040. I’ve tried multiple times, including restarting the return, but the value still doesn’t populate. Is this a software issue, or is there something I’m missing? Any help would be appreciated.
a month ago
@cvbarbee , are these FT paid on dividend or interest income ? Are these with direct investments or through a mutual fund or a broker's statement? Please tell more about your issue and I will he...
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@cvbarbee , are these FT paid on dividend or interest income ? Are these with direct investments or through a mutual fund or a broker's statement? Please tell more about your issue and I will help to the extent I can.
I will circle back once I hear from you --yes ?
a month ago
If your return was rejected for an issue with Form 1095-A, please see this IRS webpage for information about how to correct a return rejected for missing Forms 8962 and 1095-A.
See this TurboTa...
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If your return was rejected for an issue with Form 1095-A, please see this IRS webpage for information about how to correct a return rejected for missing Forms 8962 and 1095-A.
See this TurboTax webpage for a full list of IRS reject codes and how to fix them.
If, instead, you got an IRS notice, you can also call the phone number shown on it to ask them questions about the notice directly.
Taxpayers must file an income tax return and include Form 8962, Premium Tax Credit (PTC), if they, their spouse, or anybody they claim as a dependent enrolled in health insurance through a Health Insurance Marketplace (“Marketplace”) and received financial assistance to help cover the cost of their insurance (typically called advance payments of the premium tax credit, or APTC).
Please see this help article for more information on entering Form 1095-A information in TurboTax.
Please see this tax tips article for more information about the Premium Tax Credit.
a month ago
Thank you Doug. Your fix worked as long as I used Google Chrome. Edge still not working. Hopefully they get this fixed. Richard
a month ago
Another question on this. Would the actual property be included on schedule k, for property tax write off, depreciation, mortgage interest, etc.?
a month ago
Still happening, it says I can’t go paper because I took my TurboTax cost out of my refund which was done in Federal and nothing should come out of State is that correct?
a month ago
I agree. The paperwork shows on the irs website available this week but turbo tax STILL says its unavailable!