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a month ago
@pendragon65 "last year" in 2025 you filed a 2024 tax return. Scroll up from your own post in this thread and read what it says.
a month ago
It sounds like you just need to make an adjustment that does NOT include the mortgage. The mortgage balance does NOT factor into the gain/loss equation.
a month ago
Update: I received my CA refund from Cross River Bank on 2/9. My federal refund was also already deposited to my bank on 2/11.
a month ago
looking to download my info from last year 2025
a month ago
You received an email that we cannot see that tells you why your tax return was rejected.
Some rejected returns can be fixed and re-filed. Some have “un-fixable” reasons for the rejection and ha...
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You received an email that we cannot see that tells you why your tax return was rejected.
Some rejected returns can be fixed and re-filed. Some have “un-fixable” reasons for the rejection and have to be mailed instead.
What is the rejection code or rejection message?
If it was rejected for AGI—-your 2024 AGI might not be in the IRS system if you filed late. Try using zero instead.
If filing with zero is rejected then file again but select the option that you did not file last year. The IRS does not see that question and it will allow you to e-file with no AGI question.
https://ttlc.intuit.com/community/agi/help/where-do-i-correct-my-agi-in-turbotax-online/00/26311
If that does not work and you still cannot e-file, then print, sign, and mail your tax return.
a month ago
Has anyone heard if Tubrotax is aware and is planning to fix the problem? I spoke with a specialist this past Satruday and she is supposed to call me back this week. If she doesn't call today or to...
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Has anyone heard if Tubrotax is aware and is planning to fix the problem? I spoke with a specialist this past Satruday and she is supposed to call me back this week. If she doesn't call today or tomorrow, I'm afraid I'm I will not be using Turbo Tax this year for the first time in probably over 20 years.
a month ago
My 1099-R on line 1 (gross distribution) and line 2a (taxable amount) have same figure and 2 b (taxable amount not determined) is checked. Some tax was paid Box 4 (federal income tax withheld) but ne...
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My 1099-R on line 1 (gross distribution) and line 2a (taxable amount) have same figure and 2 b (taxable amount not determined) is checked. Some tax was paid Box 4 (federal income tax withheld) but need to pay more. However Turbo Tax is NOT calculating any tax liability. In fact it is wanting to refund the amount of tax previously paid. I looked at last year's 1099-R form and same boxes were checked and it did correctly show my tax liability. Any advice?
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a month ago
2 Cheers
Heyyyyy yall!!!! My transcripts are still the same and blank I usually update on Fridays so my fingers are crossed that we all wake up to some good news.
a month ago
Line 9 on the 2025 Form 1040 is Total Income. Line 11a is the 2025 AGI If you need the 2024 AGI for e-filing the 2025 tax return it is on the 2024 Form 1040 Line 11. That's what I used, but my 202...
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Line 9 on the 2025 Form 1040 is Total Income. Line 11a is the 2025 AGI If you need the 2024 AGI for e-filing the 2025 tax return it is on the 2024 Form 1040 Line 11. That's what I used, but my 2025 return was rejected saying that is not correct either Turbo Tax or the IRS has screwed up and has created a problem for me! HELP!
a month ago
On my sons 1098-T his box 1 amount is lower than his box 5 amount but the two amounts added together are the total of his tuition for 2025. None of the scholarship funds went to room and board. It al...
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On my sons 1098-T his box 1 amount is lower than his box 5 amount but the two amounts added together are the total of his tuition for 2025. None of the scholarship funds went to room and board. It all went to tuition. But when I enter the amounts in Turbotax on my return because he is a dependent, it says we do not qualify for the education credit and it is making the difference taxable income. I believe this is incorrect but the only way around it is to not enter the amount from box 5 in Turbotax. Is this allowed?
a month ago
For my w-2
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a month ago
We are hoping by this weekend, if not before. We don't have a specific date.
a month ago
I shared a marketplace insurance policy with my 23-year-old son who is not claimed as a dependent for 2025. He obtained insurance through his employer in april of 2025 so was dropped from the policy ...
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I shared a marketplace insurance policy with my 23-year-old son who is not claimed as a dependent for 2025. He obtained insurance through his employer in april of 2025 so was dropped from the policy at that time. We receive one 1095-A form for all of us. Should my son enter the complete 1095-A in his taxes including the months he was not covered or put 0 for the months he was not included on the policy. (I will obviously be putting the entire 1095-A in my own taxes).
a month ago
And now it's asking for "license code", not "activation code". I just can't get past this. Could someone from TT staff please help me?
a month ago
I guess I'll wait for the Friday the 13th update as well (gee, what could go wrong on Friday the 13th :). But the way I understand it is this: the 529 plan sends the 1099-Q to IRS. However it is up...
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I guess I'll wait for the Friday the 13th update as well (gee, what could go wrong on Friday the 13th :). But the way I understand it is this: the 529 plan sends the 1099-Q to IRS. However it is up to us to determine if any of the withdrawal on the 1099-Q is subject to taxing due to not enough Qualified Expenses. Normally Turbo Tax would do this calculation so it is up to us to do the math and report accurately as other income if Turbo Tax is broken. The IRS won't do a calculation for us based on the 1099-Q; it is the "honor" system to accurately report this number. Still unanswered: for Web version can we manually enter this amount of other income subject to tax if Turbo Tax isn't performing the calculation?
a month ago
Clear cache and cookies on your web browser. Or change your web browser to either Google Chrome or Microsoft Edge.
a month ago
You have self-employment income.
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...
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You have self-employment income.
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.
https://turbotax.intuit.com/tax-tips/small-business-taxes/the-home-office-deduction/L1RZyYxzv
https://ttlc.intuit.com/turbotax-support/en-us/help-article/estimated-taxes/make-estimated-tax-payments/L5svMESaC_US_en_US?uid=mdna5aoh
https://turbotax.intuit.com/tax-tools/calculators/self-employed/
https://ttlc.intuit.com/community/business-taxes/discussion/self-employed-don-t-miss-these-tax-moves/00/3400413
https://ttlc.intuit.com/turbotax-support/en-us/help-article/import-export-data-files/enter-schedule-c/L5Fz3j5us_US_en_US?uid=m6a6gknk
https://ttlc.intuit.com/turbotax-support/en-us/help-article/payroll-additions-deductions/qualify-qualified-business-income-deduction/L0rM2cIIQ_US_en_US?uid=m5zpoxad
https://ttlc.intuit.com/turbotax-support/en-us/help-article/self-employment-taxes/self-employed-expenses-deduct/L37ZS1B8T_US_en_US?uid=m6fntpg7
a month ago
2 Cheers
Problem resolved! The "Your Social Security card has “Not valid for employment” printed on it." box was inadvertently checked, which nullified this deduction. Unchecking that box fixed the problem.
a month ago
According to the IRS Instructions for Schedule A - Cash Contributions, "The written record must include the name of the charity, date, and amount of the contribution." The address of the charity is n...
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According to the IRS Instructions for Schedule A - Cash Contributions, "The written record must include the name of the charity, date, and amount of the contribution." The address of the charity is not necessary.