All Posts

Once your return is filed, TurboTax has no control over the processing or the timing when the IRS releases your refund.    The IRS states that most federal tax refunds are issued within 21 days of acceptance, however, some may take longer if they require additional review. Also, by law, the IRS cannot issue EITC or ACTC refunds before mid-February. This applies to your entire refund, not just the portion related to those specific credits.   Here are a few FAQs to help you track your refund: When will I get my federal tax refund? How do I track my state refund? Why does Where's My Refund say "approved" but TurboTax still says "accepted"? Why do some refunds take longer than others? What if my IRS refund is taking longer than 21 days?

Go back and edit the Form 1099-R.  Enter the amount from box 1 into box 16 for state distribution.  The state distribution amount does not get reported on the state tax return.   To enter, edit or delete a form 1099-R - Click on Federal Taxes (Personal using Home and Business) Click on Wages and Income (Personal Income using Home and Business) Click on I'll choose what I work on (if shown) Scroll down to Retirement Plans and Social Security On IRA, 401(k), Pension Plan Withdrawals (1099-R), click the start or update button

Thank you! I told them last year I did not repay any and allowed myself to be taxed the 1/3. I was saying the same for this year. Are you saying to amend and say I did pay the 1/3 last year and this year, even though I am not paying it back and just being taxed on it? I had hoped initially to be able to afford to repay but my finances haven’t allowed it 

Once your return is filed, TurboTax has no control over the processing or the timing when the IRS releases your refund.    The IRS states that most federal tax refunds are issued within 21 days of acceptance, however, some may take longer if they require additional review. Also, by law, the IRS cannot issue EITC or ACTC refunds before mid-February. This applies to your entire refund, not just the portion related to those specific credits.   Here are a few FAQs to help you track your refund: When will I get my federal tax refund? How do I track my state refund? Why does Where's My Refund say "approved" but TurboTax still says "accepted"? Why do some refunds take longer than others? What if my IRS refund is taking longer than 21 days?

Once your return is filed, TurboTax has no control over the processing or the timing when the IRS releases your refund.    The IRS states that most federal tax refunds are issued within 21 days of acceptance, however, some may take longer if they require additional review. Also, by law, the IRS cannot issue EITC or ACTC refunds before mid-February. This applies to your entire refund, not just the portion related to those specific credits.   Your refund could be offset. The IRS and State Governments have the ability to offset a refund to pay for certain past due debts.  You generally will receive a letter stating what the offset was for.    The IRS provides a toll-free number, (800) 304-3107, to call for information about tax offsets.   Here are a few FAQs to help you track your refund: When will I get my federal tax refund? How do I track my state refund? Why does Where's My Refund say "approved" but TurboTax still says "accepted"? Why do some refunds take longer than others? What if my IRS refund is taking longer than 21 days?

No, TurboTax is talking about two different taxes.  It means you do not have any taxable income, so your income tax is 0.   But self-employment tax does not depend on your taxable income.  Instead it is applied to your net business income/profit.   Why am I paying self-employment tax?   If your total net business income is 10K (after business expenses) - you would not have a tax liability since your standard deduction would reduce your income to zero.   But you would still owe the self-employment tax on the 10K.    Self-employment tax and income tax are two separate taxes. You can owe self-employment tax even if you don't need to pay income tax.   The self-employment tax (officially known as the SECA tax for Self-Employment Contributions Act tax) is the self-employed person's version of the FICA (Federal Insurance Contributions Act) tax paid by employers and employees for Social Security and Medicare, and it's due on 92.35% of your net earnings from self-employment.  

You should file form 8332 for each of your children.  You need to print the forms out and sign each one individually.  Enter the years that you are going to allow your children's father to claim the kids in part 2 (part one is just for this year) and then make certain that you sign and date each form.   Then have your kids dad file the return for this year by mailing in his taxes with those forms included.  If you have given permission to him to claim the kids in future years in part 2 then he can file electronically in future years.  If you are going to fill out a form every year for him then he will always need to mail in the return with forms included.   That doesn't guarantee he won't be audited but it would certainly lower his risk.

The overtime deduction is reported on line 13b, however since this line may include multiple deductions, to view the overtime deduction specifically, see Schedule 1-A Additional Deductions, Part III.    You can check this in TurboTax Online by navigating to Tax Tools on the left of your screen, choose Tools, then View Tax Summary. On the left of the screen, select Preview my 1040, and scroll to Schedule 1-A Part III.   Here is some information you may find helpful:  No Tax on Overtime Explained: Qualified Overtime Deduction Rules for 2025   @justjc67 [Edited 03/05/2026 05:42 PM PST]