All Posts
a month ago
The check box on the 1040 for your home being in the United States is specifically for the Earned Income Credit.
The box can only be checked if you qualify for the Earned Income Credit.
T...
See more...
The check box on the 1040 for your home being in the United States is specifically for the Earned Income Credit.
The box can only be checked if you qualify for the Earned Income Credit.
There are significant age, income and child requirements.
If the box is not checked, it will not affect your tax return.
See IRS guidance on The EIC checkbox
a month ago
TurboTax transfers data from your federal return to your state return. Before you begin troubleshooting your state return, go back through your federal return and make sure everything is correct.
...
See more...
TurboTax transfers data from your federal return to your state return. Before you begin troubleshooting your state return, go back through your federal return and make sure everything is correct.
After you review your self employment entries, select the State Taxes tab and review the state section. Pay close attention to the information, especially if you have made changes to your federal return. There might be new sections that need to be completed.
Troubleshooting common federal to state transfer issues
Where do I enter Schedule C?
a month ago
Please clarify your question.
What are you trying to do?
Do you have a business?
Are you entering a 1099-B with stock sales?
Are you entering a home sale?
Is it any other kind of sal...
See more...
Please clarify your question.
What are you trying to do?
Do you have a business?
Are you entering a 1099-B with stock sales?
Are you entering a home sale?
Is it any other kind of sale?
a month ago
I tried one time this morning said I'm reach my maximum limit that's not correct
Topics:
a month ago
1 Cheer
If you used TurboTax to prepare your 2024 tax return, then your carryover amount will be automatically reported as part of your 2025 tax return. Otherwise, use the steps in the following TurboTax he...
See more...
If you used TurboTax to prepare your 2024 tax return, then your carryover amount will be automatically reported as part of your 2025 tax return. Otherwise, use the steps in the following TurboTax help article to navigate to the area where you will enter your amounts. The information on the screen will tell you exactly which forms and lines from your 2024 tax return to enter for the carryover amounts.
How do I enter my capital loss carryover?
The carryover amounts will be shown on Schedule D line 6 for short-term carryover losses, and line 14 for long-term carryover losses.
a month ago
Thanks. So there a paid internship program sponsored and paid for under the Department of Energy's Office of Science’s Office of Workforce Development for Teachers and Scientists (WDTS) which works...
See more...
Thanks. So there a paid internship program sponsored and paid for under the Department of Energy's Office of Science’s Office of Workforce Development for Teachers and Scientists (WDTS) which works in collaboration with DOE laboratories/facilities across the country. While you must be a college student with a 3.0 or higher GPA to be considered, I have trouble characterizing it as a scholarship/fellowship under IRS guidelines. It didn't take place at a university, nor was it directly related to the college program. Having said that, I would like to be enter it as such, and do it the way you said (not under scholarships on schedule 1, line R?) because then it would in fact not be taxed as unearned income, and the kiddie tax would not be triggered I believe.
a month ago
I believe the next update for getting depreciation working is not until 2/27 - sorry for the bad news
a month ago
sales section
Topics:
a month ago
The sale of mineral rights is entered under as an investment sale in TurboTax. TurboTax Online/Mobile: Go to investment sales. TurboTax Desktop: Search for investment sales and then select the Jum...
See more...
The sale of mineral rights is entered under as an investment sale in TurboTax. TurboTax Online/Mobile: Go to investment sales. TurboTax Desktop: Search for investment sales and then select the Jump to link. For help determining your basis in these mineral rights, see IRS Topic no. 703, Basis of assets
a month ago
To qualify as a hobby, you would have to do this with no intention of making a profit. In this case you would not have to pay self employment income but you could not claim any expenses. If you ...
See more...
To qualify as a hobby, you would have to do this with no intention of making a profit. In this case you would not have to pay self employment income but you could not claim any expenses. If you intend to make a profit then you would report this as self-employment income. You can claim any expenses that were related to this income. These expenses lower your business income and therefore lower your tax. For more information refer to the following TurboTax articles and IRS tips. What's a 1099-NEC? Here’s how to tell the difference between a hobby and a business for tax purposes How do I report income from self-employment? When the IRS Classifies Your Business as a Hobby @Redbird16
a month ago
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_...
a month ago
This has happened to me (and to plenty of others) for many years. Could be many different reasons, either with TT or Schwab. The best advice I can give right now is log out of TT, then log back in to...
See more...
This has happened to me (and to plenty of others) for many years. Could be many different reasons, either with TT or Schwab. The best advice I can give right now is log out of TT, then log back in to see if it shows up. Or, wait until tomorrow and try again. Since Schwab won’t have produced 1099s for all their accounts until end of the month, it may be that they are waiting til then to make 1099 downloads available.
a month ago
If you have health insurance through your employer, it is considered private (not government run). If you have private health insurance, you should have received a Form 1095-B or 1095-C. If this is t...
See more...
If you have health insurance through your employer, it is considered private (not government run). If you have private health insurance, you should have received a Form 1095-B or 1095-C. If this is the case you do not have to make any changes to your input. If you have health insurance through the Health Insurance Marketplace/Exchange (usually found on Healthcare.gov) you would have received a Form 1095-A, which is only issued for plans that are purchased through HealthCare.gov or state exchanges. You can get to the screens in TurboTax to edit your information as follows: Click on "Search" at the top right of your TurboTax screen, Type "Form 1095-A" into the search bar and Click on the link "Jump to Form 1095-A". This will take you to the screen that asks about your health insurance. It will say, "Do you need to report any Forms 1095-A's?" Several states do require their residents to report health insurance coverage or pay a penalty. In this case TurboTax will prompt you to enter your information during the state return process. The states that require this are: California, the District of Columbia, Massachusetts, New Jersey, and Rhode Island. Click here for Employer Sponsored Health Coverage Explained Click here for What health insurance info do I need to put on my tax return? Click here for What Health Care Forms Should I Have When Filing My Taxes? If you have additional information or questions regarding this, please return to Community and we would be glad to help.
a month ago
Just to clarify your question, are you trying to import your UPS W-2 information to TurboTax?
a month ago
1 Cheer
@kritter-k In your case, you were a full year Colorado resident for 2025 so Turbotax will include all your income (which is why you need to report zero Arizona income for the pension) so you do not n...
See more...
@kritter-k In your case, you were a full year Colorado resident for 2025 so Turbotax will include all your income (which is why you need to report zero Arizona income for the pension) so you do not need to do anything additional. Because the withholding was sent to Arizona by mistake, you may owe Colorado a bit.
a month ago
You have to decide based on your situation. See here. https://www.irs.gov/newsroom/heres-how-to-tell-the-difference-between-a-hobby-and-a-business-for-tax-purposes
a month ago
On my 2025 Michigan Homestead Property Tax Credit Claim, TurboTax erroneously populated the zip code field with 7-3835 (these numbers are at the end of my 9 digit zip code) instead of 48127. Is this w...
See more...
On my 2025 Michigan Homestead Property Tax Credit Claim, TurboTax erroneously populated the zip code field with 7-3835 (these numbers are at the end of my 9 digit zip code) instead of 48127. Is this why my tax return was flagged for review by the State of Michigan?
Topics:
a month ago
Topics:
a month ago
Contact support to see if the expert you want is available this year. The "Live" experts are seasonal employees who may or may not be working with TT this year.
To call TurboTax customer support
...
See more...
Contact support to see if the expert you want is available this year. The "Live" experts are seasonal employees who may or may not be working with TT this year.
To call TurboTax customer support
https://ttlc.intuit.com/turbotax-support/en-us/help-article/account-management/contact-turbotax/L2y9ZKpQB_US_en_US?uid=m5s9l2vh