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teresarob14

I have been trying to file my final 2025 Georgia State tax return for my c-corp using Turbo Tax Business. Although I have seen updates upon launch pertaining to Georgia, I still cannot file them and ...

I have been trying to file my final 2025 Georgia State tax return for my c-corp using Turbo Tax Business. Although I have seen updates upon launch pertaining to Georgia, I still cannot file them and get the message, "Tax Year 2025 transmissions are not available.. TurboTax Business is not ready to process Tax Year 2025 for this return." My return shows no errors and everything is ready to go. I just need the technology that I purchased to work so I can get this done.

pthompsonaz

There is no menu Federal Taxes in TurboTax 2025

CatinaT1

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...

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.

kmarbitrage

Same situation here. We will see if it is actually ready by today. Maybe 5pm west coast time P:) Need this to finish my taxes guys.

puggyman92

I'm really hoping someone can help me here. I went through Turbo Tax , section on Education Credits, and it said I was eligible for the $2500 American Opportunity Education credit. I happened...

I'm really hoping someone can help me here. I went through Turbo Tax , section on Education Credits, and it said I was eligible for the $2500 American Opportunity Education credit. I happened to mention this to a couple of other people who asked if I paid tuition from a 529 plan ...which I did. They said I couldn't claim the credit since this was the case. I started doing research and it seems like there is a lot of confusion about this. I've spoken to several Turbo Tax experts and I can't get a straight answer either. My situation: Tuition paid from NC 529 and listed on my son's 1098-T: $13, 455 Scholarship on 1098-T: $250 Gross distribution on box 1 of the 1099-Q (in my son's name) : $13, 164 Earnings listed on box 2 of the 1099-Q : $4,501 Basis listed on the 1099-Q: $8,663 I've seen some articles that discuss similar scenarios, but there seems to be confusion as to whether , as a parent, I'm eligible to claim the credit because I paid all the tuition from the NC 529. Some folks are saying I should've paid some portion of the tuition "out-of-pocket". Even if I am eligible, how much can I claim?. I'm also baffled as to why Turbo Tax didn't catch this and ask for further details. There was a question about whether we used a 529 for an education loan. The answer is no because he didn't have a loan. North Carolina does not offer a tax break for 529 contributions, but does offer tax-free gains when used for qualified college expense. I've seen the calculations (including the IRS site) about possibly determining additional taxable income amounts when claiming the credit, but even if I go by those, I can't figure out where to list in Turbo Tax. I'm also not sure if that should be listed on my return or my son's return, since the 1098-T and 1099-Q are in his name. Any insight would be greatly appreciated. Thank you

JShere

As of Friday, 2/13, at 10:15AM, there is no change. Maybe they mean after 2/13. I'll check tomorrow. thanks to everyone who is hassling Turbo about this.

Gordonwayne

Your response was helpful. My problem was solved when I gained access to my Broker Account via a third person approval. Tks Gordon B

dancerfrog

There is no total for each fund unless you add each month. How do you calculate the US govt income otherwise?

RogerD1

@Nigel809 Yes, TurboTax automatically calculates the excess contribution as well as the amount that is in excess. And yes , these are the correct steps to follow. To answer your question as to...

@Nigel809 Yes, TurboTax automatically calculates the excess contribution as well as the amount that is in excess. And yes , these are the correct steps to follow. To answer your question as to whether code J in box 7 is correct: Code J is the correct code to use here because these are earnings on contributions that did not meet the 5-year rule.

xmasbaby0

Yes, he has self-employment income which he is required to enter on a tax return even if he does not have a tax document. He will owe some self-employment tax for Social Security and Medicare. ...

Yes, he has self-employment income which he is required to enter on a tax return even if he does not have a tax document. He will owe some self-employment tax for Social Security and Medicare. To enter your self-employment income not reported on a 1099-NEC: Type “Schedule C” in the Search box Select the “Jump to” link. Answer the general questions about your business (or select Edit at the work summary screen). At the Let’s get income for… screen, select Additional Income. When in your account, select the Take Me to My Return button on the main screen. If you have self-employment income for which you will pay self-employment tax for Social Security and Medicare, you will need to use online Premium software or any version of the desktop software download so that you can prepare a Schedule C for your business expenses. https://ttlc.intuit.com/community/self-employed/help/how-do-i-report-income-from-self-employment/00/26653 https://ttlc.intuit.com/community/self-employed/help/what-is-the-self-employment-tax/00/25922 https://ttlc.intuit.com/turbotax-support/en-us/help-article/import-export-data-files/enter-self-employment-business-expenses-like-home/L1k6HJY4A_US_en_US?uid=m6jrthmp If you live in a state with a state income tax, you might need to make estimated payments to your state. Or—-Use this IRS site for other ways to file for free. There are 8 free software versions available from the IRS Free File site https://apps.irs.gov/app/freeFile/

jamiebp

larry-krebs

Thanks for your response which described that standard way of importing financial data. I've done these steps many times with no success. Trying 2 different financial companies. Still no success. ...

Thanks for your response which described that standard way of importing financial data. I've done these steps many times with no success. Trying 2 different financial companies. Still no success. There's something I'm not doing - setting a "flag", opening the financial company, using the wrong browser. etc - that keeps the import from working. So, any suggestions? Larry Krebs (30 year user of TurboTax).

millre02

This is so frustrating! My taxes are done except for this one part. I just checked and it’s still showing the same message. We should get this service for free at this point. I have been a customer f...

This is so frustrating! My taxes are done except for this one part. I just checked and it’s still showing the same message. We should get this service for free at this point. I have been a customer for many years and am very disappointed.

ThomasM125

It will appear in that section but that doesn't affect how it appears on your tax return. The section title mentions other things besides Form 1099-B entries, that is why you see the "etc" mentioned....

It will appear in that section but that doesn't affect how it appears on your tax return. The section title mentions other things besides Form 1099-B entries, that is why you see the "etc" mentioned. The sale will appear on your Schedule D which is where all investment sales are listed.

user17709957872

Just downloaded available forms - still no D&A on Home and Business??? C'Mon TT - when will this be ready?

RobertB4444

As long as all of the information entered into your return is correct then filing should still be fine. @slohtia

sandleewill

I have income reported on 1099 showing "exempt-interest dividends" and "specified private activity bond interest". Where and how do I enter. Thanks Leroy Williams

chemdude

How do we get a refund for what we paid for Turbo Tax this year? I have been using TT for over a decade and never had a ridiculous problem like this with depreciation forms. Even the free tax softw...

How do we get a refund for what we paid for Turbo Tax this year? I have been using TT for over a decade and never had a ridiculous problem like this with depreciation forms. Even the free tax software sites have already handled this. All we are getting are lame excuses as to why it's not done.

sarahsmason

Why am I being incorrectly assigned a penalty on my inherited RMD?

baldietax

@golfotter right - you can't import til the date Schwab says that data will be ready. every brokerage has a set date when they start releasing data for import. some brokerages have earlier dates an...

@golfotter right - you can't import til the date Schwab says that data will be ready. every brokerage has a set date when they start releasing data for import. some brokerages have earlier dates and if your 1099 is ready you can import, otherwise you have to wait.

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end of 1099Div US Fed Source Income listed as a % of each individual fund's income. The income of each fund is monthly. Total for each fund and multiply to calculate?

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Turbo Tax for business entry for exempt interest

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RMDs are being incorrectly assigned a penalty despite correct entries in box 7 indicating an exception?

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Do you have a TurboTax Online account?

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