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4 weeks ago
You cannot change the tax year. The current online program is for 2025 only. Only a 2025 return can be prepared online and only a 2025 return can be e-filed.
Online preparation and e-filing...
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You cannot change the tax year. The current online program is for 2025 only. Only a 2025 return can be prepared online and only a 2025 return can be e-filed.
Online preparation and e-filing for 2022, 2023, and 2024 is permanently closed.
Note: The desktop software you need to prepare the prior year return must be installed/downloaded to a full PC or Mac. It cannot be used on a mobile device.
To file a return for a prior tax year
If you need to prepare a return for 2022, 2023, or 2024 you can purchase and download desktop software to do it, then print, sign, and mail the return(s)
https://turbotax.intuit.com/personal-taxes/past-years-products/
You may also want to explore purchasing the software from various retailers such as Amazon, Costco, Best Buy, Walmart, Sam’s, etc.
Remember to prepare your state return as well—if you live in a state that has a state income tax.
https://ttlc.intuit.com/turbotax-support/en-us/help-article/state-taxes/contact-state-department-revenue/L9qVToi02_US_en_US?uid=m6e06um0
When you mail a tax return, you need to attach any documents showing tax withheld, such as your W-2’s or any 1099’s. Use a mailing service that will track it, such as certified mail so you will know the IRS/state received the return.
Federal and state returns must be in separate envelopes and they are mailed to different addresses. Read the mailing instructions that print with your tax return carefully so you mail them to the right addresses.
4 weeks ago
Same problem here. Still waiting for a fix.
4 weeks ago
Great, let me know what happens when you skip NH all together.
4 weeks ago
You cannot use TurboTax to amend 2020. TurboTax no longer supports software for 2020. You could seek local paid tax help or get the 1040X from the IRS site.
But you say you "forgot" to ente...
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You cannot use TurboTax to amend 2020. TurboTax no longer supports software for 2020. You could seek local paid tax help or get the 1040X from the IRS site.
But you say you "forgot" to enter your losses. Your losses would have no effect on your 2020 refund or tax due unless you had enough other itemized deductions (like mortgage interest property tax, etc,) for 2020 to exceed your standard deduction. Did you itemize for 2020?
2020 Standard Deduction Amounts
Single $12,400 (+ $1650 65 or older)
Married Filing Separate $12,400 (+ $1300 if 65 or older)
Married Filing Jointly $24,800 (+ $1300 for each spouse 65 or older)
Head of Household $18,650 (+ $1650 for 65 or older)
4 weeks ago
@lmarkin55 AND... 1) For an IL resident, you aren't allowed to do a breakout at all for a Mutual fund's collection various state's Muni bonds.....and the entire amount from a Mutual Bond fund m...
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@lmarkin55 AND... 1) For an IL resident, you aren't allowed to do a breakout at all for a Mutual fund's collection various state's Muni bonds.....and the entire amount from a Mutual Bond fund must be designated as "Multiple States" 2) For a UT resident, you can include states that don't tax UT bonds (essentially all states that don't have an income tax). Some fund companies create a special PDF listing for UT residents, listing a single total % for UT, that includes the other appropriate state amounts. 3) For CA and MN residents...those state impose a minimum state bond holding level, before a breakout is allowed...essentially, you must hold a CA- or CA-specific Mutual Bond fund in order to break down either the CA or MN-specific $$...otherwise all the $$ from the Mutual Bond fund must be designated as "Multiple States".
4 weeks ago
I was trying to file my nephew's return and they do not have health insurance. When I submitted it initially, it said that they needed the 1095 form. I corrected the error and said they did not rec...
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I was trying to file my nephew's return and they do not have health insurance. When I submitted it initially, it said that they needed the 1095 form. I corrected the error and said they did not receive a form but it won't let me resubmit it. Could they have insurance and not know it? How do we get the form?
4 weeks ago
It is anticipated that the depreciation calculators within the software should be updated by February 13th, 2026. The tech team is working diligently to release the updates before that date, if possi...
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It is anticipated that the depreciation calculators within the software should be updated by February 13th, 2026. The tech team is working diligently to release the updates before that date, if possible. Please be aware that this update will affect depreciation for Schedule E (Rental Properties) only. Schedule C (Self-Employment) was updated previously, and should be working in all versions of TurboTax. (Problems receiving the update? See: troubleshooting for TurboTax Online)
You can sign up at this link to be notified via email when the depreciation and amortization forms are ready to use in TurboTax.
4 weeks ago
1 Cheer
According to the IRS, you can file as a US resident for 2025 if you make the first year choice election. First of all, to qualify for the first-year choice.
Be present in the United States...
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According to the IRS, you can file as a US resident for 2025 if you make the first year choice election. First of all, to qualify for the first-year choice.
Be present in the United States for at least 31 days in a row in the current year (2024), and
Be present in the United States for at least 75% of the number of days following the 31-day period, beginning with the first day of the 31-day period and ending with the last day of the current year (2025). (For purposes of this 75% requirement, you can treat up to 5 days of absence from the United States as days of presence in the United States.)
You must attach a statement to Form 1040 to make the first-year choice. The statement must contain your name and address and specify the following:
That you are making the first-year choice for the current year (2025).
That you were not a U.S. resident in the prior year (2024).
That you qualified as a U.S. resident under the substantial presence test in the following year (2025).
The number of days of presence in the U.S. during the current year (2024).
The date or dates of your 31-day period of presence and the period of continuous presence in the U.S. during the current year (2025).
The date or dates of absence from the U.S. during the current year (2025), if any, that you are treating as days of presence under the first-year choice.
You cannot file Form 1040 or the statement for the current year (2025) until you meet the substantial presence test in the following year (2026).
If you have not met the test for the following year (2026) as of April 15 of 2026 (the filing due date of the current year), you can request an extension of time for filing your Form 1040 for the current year (2025) until a reasonable period after you have met that test for the following year (2026).
If you make this first year election, you will need to print and mail the return along with a detailed statement.
If you don't choose the first year choice, you'll file a 1040 NR because you won't qualify for the Substantial Presence Test (SPT). You'll need to file with Sprint Tax if you choose this option.
4 weeks ago
Form 1116 Foreign Tax Credit Computation when foreign source exceeds $20,000 This year I have foreign source ordinary dividends of $28,000 in which $1900 of foreign tax was paid. I choose to take th...
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Form 1116 Foreign Tax Credit Computation when foreign source exceeds $20,000 This year I have foreign source ordinary dividends of $28,000 in which $1900 of foreign tax was paid. I choose to take the credit. These are linked to a single Form 1116 and Foreign Tax Credit Computation Worksheet. Incidentally, I am itemizing deductions this year. TurboTax is requiring an entry on the Worksheet in Part I 4 b 1 b and c. These appear to serve to limit investment interest expense deductions, which is $0. In other words, the allocation ratio doesn't matter because the result will be $0 in any event. To get past this form error, I put in $0 and $1 respectively for b and c. I cannot put $0 in c. This is not covered in any interview or tax help. Meanwhile, I think I do have greater than $20,000 in foreign source income, especially when adding in cap gains. Nevertheless, TurboTax is checking the box that says "Total foreign source qualified dividends and capital gains is less than $20,000". At no point has TurboTax asked for the amount of foreign source *qualified* dividends. The amount in Box 1b on the 1099-DIVs are not necessarily limited to the funds that involve foreign source. I've not entered the foreign source qualified dividend percentage, yet TurboTax thinks it has what it needs. Should I just relax and trust that it knows what it is doing?
4 weeks ago
You do not need to input the control number on your W-2. If you get errors when attempting to e-file with an empty box D, just enter any number in this format: 5 digits, space, 5 digits (for example ...
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You do not need to input the control number on your W-2. If you get errors when attempting to e-file with an empty box D, just enter any number in this format: 5 digits, space, 5 digits (for example 12345 67890). The IRS doesn't care what's in box D. A Control Number (box D) is used by many payroll departments to uniquely identify a W-2 in their system. If your W-2 doesn't have one, it's no big deal. Please read this TurboTax Help topic for more information.
4 weeks ago
https://www.irs.gov/identity-theft-fraud-scams/retrieve-your-ip-pin
If you have a 6 digit PIN issued to you by the IRS you need to enter it in order to e-file. Go to Federal>Other Tax Situatio...
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https://www.irs.gov/identity-theft-fraud-scams/retrieve-your-ip-pin
If you have a 6 digit PIN issued to you by the IRS you need to enter it in order to e-file. Go to Federal>Other Tax Situations>Other Return Info>Identity Protection PIN and enter the six-digit PIN.
4 weeks ago
I was trying to file my nephew's tax return and they do not have health insurance. When I submitted it, it said they they need to file the form 1095. They did not receive a form and did not pay for...
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I was trying to file my nephew's tax return and they do not have health insurance. When I submitted it, it said they they need to file the form 1095. They did not receive a form and did not pay for insurance. I "corrected" the error by saying that they did not receive a form and tried to resubmit but it will not go through. Could they have insurance and not know it?
4 weeks ago
Thanks!
4 weeks ago
1 Cheer
On the page "Let's get the info from your 1099-K," enter the adjustment amount for Box 1a under the statement "This amount from box 1a is too high or includes some personal transactions." You can ent...
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On the page "Let's get the info from your 1099-K," enter the adjustment amount for Box 1a under the statement "This amount from box 1a is too high or includes some personal transactions." You can enter any amount up to the total reported on the 1099-K. See this article for more help: How do I enter a 1099-K for personal item sales?
4 weeks ago
When reporting an RMD for a qualified annuity, the Gross Distribution amount and the Taxable Amount are the same on the 1099-R. Is it necessary to report the RMD at all or should both amounts be ent...
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When reporting an RMD for a qualified annuity, the Gross Distribution amount and the Taxable Amount are the same on the 1099-R. Is it necessary to report the RMD at all or should both amounts be entered into TurboTax? I do not see where the amount of taxes owed or refunded would change.
4 weeks ago
No. You do not add overtime to box 14 of formW-2.
In TurboTax Online, this is how you enter the qualified overtime premium:
After entering your form W-2, you'll see a screen titled Let's C...
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No. You do not add overtime to box 14 of formW-2.
In TurboTax Online, this is how you enter the qualified overtime premium:
After entering your form W-2, you'll see a screen titled Let's Check for Other Situations
Put a checkmark on Overtime and click Continue
Follow the TurboTax questionnaire to enter your qualified overtime premium
This deduction will transfer to Schedule 1-A of your form 1040, with that amount flowing to line 13b of your form 1040. This line includes the overtime deduction among other deductions if applicable, such as the tip deduction, the additional senior deduction or the car loan interest deduction.
4 weeks ago
You can change your filling status in the Personal Info section of the return.
Open TurboTax
On the center panel click the arrow for Personal Info
Select [Review/Edit]
Your name and hous...
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You can change your filling status in the Personal Info section of the return.
Open TurboTax
On the center panel click the arrow for Personal Info
Select [Review/Edit]
Your name and household members will be displayed
Click the small arrow to the right of your name
Click the [Revisit] button
Continue the interview to About your household
Your filling status is determined here.
4 weeks ago
Thanks, I appreciate the update and will wait for the csv import feature. I have too many deductions to enter manually.
4 weeks ago
As suggested by MonikaK1, you can go into the My Info section from the left menu in TurboTax Online and update your dependent information.
To get the dependent questions to be blank again, you...
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As suggested by MonikaK1, you can go into the My Info section from the left menu in TurboTax Online and update your dependent information.
To get the dependent questions to be blank again, you can delete the dependent then add back, which will clear your previous answers to the questions about support.
4 weeks ago
Given I have just sold a rental and am learning how important cost basis adjustments are, I started collecting info on my primary home. A few questions about that. We bought in 2002. Planne...
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Given I have just sold a rental and am learning how important cost basis adjustments are, I started collecting info on my primary home. A few questions about that. We bought in 2002. Planned to upgrade, but never got around to it until... House fire in 12/2005. Now, forced to "upgrade" we did some and more of the following: A new roof. Framed, built out and finished the interior rooms (drwalling and painting) Rewired and replumbed the house. Installed new HVAC system. (Heat pump & air handler, incl ductwork) Installed all new fixtures. Kitchen cabinets and countertops, hard wood and tile flooring, plumbing fixtures cabinets and countertops, new windows, new doors (interior and exterior), all trim and molding. New well pump and holding tank, water filter, water softener, solar water heater, 32 solar panels. (In subsequent years, the solar water heater and panels were removed and replaced with a regular water water heater.) 10 years or so later, I replaced 34 windows and all the interior and exterior doors with energy efficient ones. I've taken the energy credits where applicable. 15 years later or so, I replaced the well pump So I'm sure there is more, but that's where I am right now. I guess my question boils down to how to address items already existing, but ruined by the fire? Do the replacements go in as simple additions to the cost basis? They're certainly not repairs. I had a burned out shell after the fire, which we rebuilt within the same exterior footprint. I can show what I received from insurance for many of the repairs and replacements. I'm sure that must factor in. Into what field would the improvements be added? (I'm wondering that on my rental sale, too.) Thanks for your thoughts!