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4 weeks ago
I am trying to fill out my son's return for him using TurboTax. He works various part-time jobs, none of which offer health insurance. He received a form 1095A for his marketplace plan. Column A s...
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I am trying to fill out my son's return for him using TurboTax. He works various part-time jobs, none of which offer health insurance. He received a form 1095A for his marketplace plan. Column A showed his monthly premium, but Column B and C were blank, which is how it's been in prior years. I went to the IRS credit calculation tool and found the SLSCP premium amount and entered that into Column B. He did not receive any advance tax credit, so I left Column C blank (and entered $0 when it complained about it being blank). In the past 3 years, TurboTax computed his tax credit just fine, but this year it's computing $0, and instead putting all his premiums into itemized deductions (he takes the standard deduction) The income eligibility rules say that income must be at least 100 percent but no more than 400 percent of the federal poverty line for their family size (he's single). The FPL for 2025, for a single person, appears to be $15,650. His total income is ~$18,000, so it seems to me like he should qualify for the tax credit. Why is TurboTax not calculating a credit?
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4 weeks ago
Did you use TurboTax Desktop or Online last year? If Desktop, copy the .tax2024 and corresponding PDF's to a removable drive to transfer to your new computer.
If Online, Sign In and go to 'Tax...
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Did you use TurboTax Desktop or Online last year? If Desktop, copy the .tax2024 and corresponding PDF's to a removable drive to transfer to your new computer.
If Online, Sign In and go to 'Tax Returns and Docs' on the home page to download your 2024 tax file to your new computer. You can then transfer it into TurboTax Desktop.
Here's more info on Downloading an Online Tax File.
@user17703008848
4 weeks ago
You must enter a Farm Equipment, Animals, Agriculture to get the seven year depreciation.
4 weeks ago
Only the IRS and your State control when and if a Federal or State tax refund is Approved and Issued.
Once a tax return has been Accepted by the IRS or a State, TurboTax receives no further inf...
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Only the IRS and your State control when and if a Federal or State tax refund is Approved and Issued.
Once a tax return has been Accepted by the IRS or a State, TurboTax receives no further information concerning the tax return or the status of any tax refund.
If accepted by the IRS use the federal tax refund website to check the refund status - https://www.irs.gov/refunds
If accepted by the state use this TurboTax support FAQ to check the state tax refund status - https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-refund/track-state-refund/L3jgO8PGs_...
4 weeks ago
I can't make this any simpler either. This is all I've got. I don't see what you see. Premier 2025 downloaded from TTAX website is not matching up to what you're showing. I'm reporting a bug - I solv...
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I can't make this any simpler either. This is all I've got. I don't see what you see. Premier 2025 downloaded from TTAX website is not matching up to what you're showing. I'm reporting a bug - I solved the problem on getting the taxes filed. I just ask y'all remember the first law of software - if something has occurred, it is possible. I can't explain it, but here it is. do what you will with it.
4 weeks ago
I think it takes a few days before they have the file ready for import into tax software.
4 weeks ago
Using a Mac, click on the TurboTax menu. Click on Forms.
When in Forms mode, click on Open Form at the top left of the page
Type in What-if. Click on the result to open the worksheet.
4 weeks ago
I would double-check the QMID # with the IRS site. You may have gotten an incorrect digit in there from the contractor. If Turbotax says it is blank, it should give you that message when Turbotax ch...
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I would double-check the QMID # with the IRS site. You may have gotten an incorrect digit in there from the contractor. If Turbotax says it is blank, it should give you that message when Turbotax checks for errors. If it doesn't, that can only mean that it is NOT blank but there is a problem with the QMID#.
4 weeks ago
Box 2b of this Form 1099-R is required to have box 2b equal to box 1. It becomes a QCD based on how you report this on your tax return. After entering the Form 1099-R as received, making sure to...
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Box 2b of this Form 1099-R is required to have box 2b equal to box 1. It becomes a QCD based on how you report this on your tax return. After entering the Form 1099-R as received, making sure to mark the IRA/SEP/SIMPLE box on TurboTax's 1099-R form to match what is on the form provided by the payer, as long as you were age 70½ or over during the tax year, on the page that asks, "Do any of these situations apply to you?," TurboTax will provide a box to mark to indicate that you transferred all or part of the distribution to charity. Once that box is marked, TurboTax will ask how much was transferred to charity and will exclude this amount from the taxable amount shown on Form 1040 line 4b. TurboTax will also mark the QCD box next to this line on Form 1040.
4 weeks ago
1 Cheer
Ok. That seems to be the issue. I was going based on the TurboTax program telling me that when I tried to import last week that they would be ready on the 6th, which is today. But after I read your ...
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Ok. That seems to be the issue. I was going based on the TurboTax program telling me that when I tried to import last week that they would be ready on the 6th, which is today. But after I read your response, I went out to E-Trade and it looks like the consolidated data I'm looking for is not going to be ready until the 15th. Thank you.
4 weeks ago
All the Desktop programs have the same forms. You just get more help and guidance in the higher versions. Go to Forms Mode, click Forms in the upper right or on the left for Mac. Then click Ope...
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All the Desktop programs have the same forms. You just get more help and guidance in the higher versions. Go to Forms Mode, click Forms in the upper right or on the left for Mac. Then click Open Forms box in the top of the column on the left. Open the US listing of forms and towards the bottom find the What-if worksheet. It's right under Estimated Taxes. Or try…Go into Forms View. Once there, at the top of the left column, click on the icon for "Open Form". A popup window will appear. In the text line, type the word "what" without quotes. You should see "what-if worksheet" appear as a selection choice. Double-click it to launch the form.
4 weeks ago
It says I get my tax refund today but I haven’t received it yet
4 weeks ago
To enter a state or local tax refund (Form 1099-G) -
Click on Federal Taxes (Personal using Home and Business) Click on Wages and Income (Personal Income using Home and Business) Click on I'll ch...
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To enter a state or local tax refund (Form 1099-G) -
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 Other Common Income On Refunds Received for State/Local Tax Returns, click the start or update button
4 weeks ago
Got this year's 1099Q. I am the account holder, and my child is the beneficiary. I rollover 7000 to her Roth IRA which I did last year too. However, unlike last year's 1009Q in which I am the reci...
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Got this year's 1099Q. I am the account holder, and my child is the beneficiary. I rollover 7000 to her Roth IRA which I did last year too. However, unlike last year's 1009Q in which I am the recipient and she is the beneficiary, this year's 1009Q has here as both recipient and beneficiary. when I try to put 1009Q in her tax return, it shows that she has pay tax for the gain. Any suggestions? Thanks!
4 weeks ago
There is no need to amend the 2024 return, just enter both 1099-Rs for 2025. The return of contributions for the prior year is for 2023 if you are doing the 2024 return. That isn't correct. Just ...
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There is no need to amend the 2024 return, just enter both 1099-Rs for 2025. The return of contributions for the prior year is for 2023 if you are doing the 2024 return. That isn't correct. Just put them on your 2025 return.
4 weeks ago
Several previous posts suggest that the "Forms" section of the Turbo Tax Software contains a "What-If" section. It is recommended as a way to compare What-If you filed using a status of Married Filin...
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Several previous posts suggest that the "Forms" section of the Turbo Tax Software contains a "What-If" section. It is recommended as a way to compare What-If you filed using a status of Married Filing Separate (MFS) vs Married Filing Joint (MFJ). My 2025 desktop software does not offer a "What-If Form". Is this because it is Deluxe versus another level? Is it because I am using an iMac Desktop with Apple operating system? If I can get a screenshot showing where this form is located that would be helpful. Or what steps are necessary to construct a comparison.
4 weeks ago
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4 weeks ago
1 Cheer
The notice was that it was ready for import, and the message is "Import successful". Before it was ready I had a message that said that I had to wait, and that message is now gone. Maybe the problem ...
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The notice was that it was ready for import, and the message is "Import successful". Before it was ready I had a message that said that I had to wait, and that message is now gone. Maybe the problem is that the 1099 is not actually ready. But the messages should reflect that.
4 weeks ago
Which child deduction are you referring to?
The Child Tax Credit?
The Child and Dependent Care Credit?
4 weeks ago
You have to enter the Form 1099-R manually if you did import the form yourself.
You also have to enter the estimated tax payments you made in 2025.
To enter, edit or delete estimated taxes pa...
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You have to enter the Form 1099-R manually if you did import the form yourself.
You also have to enter the estimated tax payments you made in 2025.
To enter, edit or delete estimated taxes paid (Federal, State, Local) -
Click on Federal Taxes (Personal using Home and Business) Click on Deductions and Credits Click on I'll choose what I work on (if shown) Scroll down to Estimates and Other Taxes Paid On Estimates, click on the start or update button
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