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a month ago
How do I file a MO-TC Form?
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a month ago
Yes, Alabama allows qualifying employees to deduct 100% of their health insurance premiums from their state income tax return, even if they claim the standard deduction. This deduction applies to pre...
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Yes, Alabama allows qualifying employees to deduct 100% of their health insurance premiums from their state income tax return, even if they claim the standard deduction. This deduction applies to premiums for employer-provided plans if you are an Alabama resident, earn in wages, and have an AGI of (for joint).
In TurboTax, you can enter on the Let's Check for any Alabama Deductions page.
a month ago
What is the nature of the entry that you want to report in box 14 of the W-2? Please clarify.
a month ago
The entire year. All overtime for 2025 that is on your W-2.
a month ago
No. 1095-C y 1095-B es cuando tiene seguro medico atraves de su trabajo. 1095-A es cuando tiene seguro medico atraves del gobierno (marketplace). Si usted tiene Formulario 1095-C, no hay que hacer ...
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No. 1095-C y 1095-B es cuando tiene seguro medico atraves de su trabajo. 1095-A es cuando tiene seguro medico atraves del gobierno (marketplace). Si usted tiene Formulario 1095-C, no hay que hacer nada en su declaracion. Solo es un Forma informativa.
a month ago
The entire tax year of 2025.
a month ago
Do you mean a non-business bad debt? You may claim the nonbusiness bad debt deduction as explained in this TurboTax Help.
In addition, IRS Publication 550, page 84, explains nonbusiness bad de...
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Do you mean a non-business bad debt? You may claim the nonbusiness bad debt deduction as explained in this TurboTax Help.
In addition, IRS Publication 550, page 84, explains nonbusiness bad debts.
To enter the form manually In TurboTax Premium Online, follow these steps:
Down the left side of the screen, click Federal.
Down the left side of the screen, click Wages & Income.
Click the down arrow to the right of Investments and Savings.
Click to the right of Stocks, Cryptocurrency, Mutual Funds, Bonds, Other (1099-B).
Click Add investments.
On the Save time and connect your financial accounts screen, select Type it in myself.
On the OK, let's start with one investment type screen, select Other, then Continue.
At the screen Tell us more about this sale, enter the information. Click Continue.
On the screen Now, enter one sale for nonbusiness bad debt, enter the information.
What type of investment, select Other.
How did you receive it, select Something else.
Enter the the term 'worthless' within the Description.
Report it as a short-term sale.
Enter $0 for Proceeds.
Enter the amount of the loss for Cost or other basis.
Select Continue.
a month ago
I check and everything is correct but I keep getting a worksheet error for my last name
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a month ago
2 Cheers
I have entered all the information into H&R Block's software and it's ready for filing. It's slightly cheaper product too, but the house hacking calculation (percentage of days used personally) is a ...
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I have entered all the information into H&R Block's software and it's ready for filing. It's slightly cheaper product too, but the house hacking calculation (percentage of days used personally) is a little less straight forward and not quite calculating the way I have manually calculated (which matches Turbo Tax software calc). So I'm waiting for Turbo Tax but you can try H&R Block software and enter in everything for free up until the point you would need to pay for filing fees.
a month ago
Are you using TurboTax Desktop or TurboTax Online?
When you get to the "Rental and Royalty Summary" screen, the rental you entered should show as a list.
Under "Location of Property" should...
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Are you using TurboTax Desktop or TurboTax Online?
When you get to the "Rental and Royalty Summary" screen, the rental you entered should show as a list.
Under "Location of Property" should be a blue bar that says "Add Another Rental or Royalty"
a month ago
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a month ago
I am also receiving the same message as many others also have reported when trying to submit a 2024 1040-X. There is no special situation mentioned in the message nor is there a special situation wi...
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I am also receiving the same message as many others also have reported when trying to submit a 2024 1040-X. There is no special situation mentioned in the message nor is there a special situation with the returns in question so some factual information from Turbo Tax would be helpful. For example, the message states that it is closed as of last year. Is Turbo Tax not setup to file amended returns in 2026 yet? If so, when will they be?
a month ago
I am looking to document the debt forgiven for this tax year but do not have the other 1099c forms. I do not want to put it off for another year and a get an IRS letter about it. What form would I ne...
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I am looking to document the debt forgiven for this tax year but do not have the other 1099c forms. I do not want to put it off for another year and a get an IRS letter about it. What form would I need to file this gross income for said settled debts
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a month ago
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a month ago
We would love to help; can you provide us with some more details about your situation?
a month ago
Looking at box 1 on my w2. This is concerning this tax year 2025. And I am not sure. Upon looking at my tax transcript the numbers are different than on my w2 by $900. And I’m not sure if they need t...
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Looking at box 1 on my w2. This is concerning this tax year 2025. And I am not sure. Upon looking at my tax transcript the numbers are different than on my w2 by $900. And I’m not sure if they need to issue a corrected w2. That’s what I am asking here. Is it an issue or will it automatically be corrected by the IRS?
a month ago
The IRS can take up to 10 days to accept or reject your federal return and individual states can take up to three weeks, so what you are experiencing is normal. Check back in a few days.
a month ago
How do I verify what the employer has listed? Is this number my yearly total or only the total I can deduct?
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