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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
An L2 visa holder can qualify as a resident alien for tax purposes if they satisfy the physical presence requirements.  That's the 183 day test which you guys don't meet for 2025.  For 2026, if you h... See more...
An L2 visa holder can qualify as a resident alien for tax purposes if they satisfy the physical presence requirements.  That's the 183 day test which you guys don't meet for 2025.  For 2026, if you have obtained their ITINs, then you will be able to claim them for the credit for other dependents on your tax return.
@ktramo17  You have to look at the instructions and form 8889 and 5329 (part VII).   To remove an excess contribution after the normal deadline so it is no longer taxed, look at the calculation... See more...
@ktramo17  You have to look at the instructions and form 8889 and 5329 (part VII).   To remove an excess contribution after the normal deadline so it is no longer taxed, look at the calculation on lines 43-47 of form 5329.  The specifically references that withdrawals from the HSA that are reported on line 16 of form 8889 are removed from the excess contribution carry over.   Then line 16 of form 8889 is taxable distributions because they are more than your qualified medical expenses.  And of course, taxable distributions are added to schedule 1 line 8f with a 20% penalty on schedule 2.      A withdrawal of excess from 2022, that is made is 2025, can't be coded as a "withdrawal of excess" under code 3, because the procedure for withdrawal of excess only applies if the withdrawal is made before the tax deadline (including extensions) for the year in which the excess contribution was made.  That would be April 15, 2023 or maybe October 15, 2023, but by 2025 it is much too late to use that procedure.  You can only make a regular withdrawal.  And the way to use that regular withdrawal to clear the penalty is to not use it for medical expenses, so it is reported on line 16 of form 8889, which flows to line 44 of form 5329.
You can enter similar noncash charitable donations (i.e., household items) given to the same charitable organization on the same date as one item in TurboTax. As SteamTrain mentioned, separating out ... See more...
You can enter similar noncash charitable donations (i.e., household items) given to the same charitable organization on the same date as one item in TurboTax. As SteamTrain mentioned, separating out larger items may be helpful, especially when determining and entering the donation value and purchase price.   Here is a TurboTax article on charitable contributions that may be helpful.  
Many people have multiple TT accounts and forget how to access them.  Log out of the account you are in now.     https://ttlc.intuit.com/turbotax-support/en-us/help-article/account-management/m... See more...
Many people have multiple TT accounts and forget how to access them.  Log out of the account you are in now.     https://ttlc.intuit.com/turbotax-support/en-us/help-article/account-management/many-intuit-accounts-turbotax/L9aVfKS1Z_US_en_US?uid=ll5g6zcx Account Recovery
I am also seeing this issue, when is a fix expected?
MY REFUND WAS LESS THAN I EXPECTED   https://ttlc.intuit.com/community/refunds/help/why-is-my-direct-deposited-refund-or-check-lower-than-the-amount-in-turbotax/00/25594   There can be a numb... See more...
MY REFUND WAS LESS THAN I EXPECTED   https://ttlc.intuit.com/community/refunds/help/why-is-my-direct-deposited-refund-or-check-lower-than-the-amount-in-turbotax/00/25594   There can be a number of reasons why your refund was less than the amount you expected. First of all, look carefully at your actual tax returns. Next——check the IRS refund site https://www.irs.gov/refunds to see what the IRS says they issued for your refund.  Sometimes the IRS reduces your refund. If the IRS reduced your refund they will send you a letter in several weeks.     There is sometimes confusion about the amount of refund to expect when users misinterpret the “summary” they saw in TurboTax. The amount of your refund is on your tax return.  Federal refund is on line 35a on Form 1040  State tax forms are all different so we cannot tell you what line to look at on your state form.  BUT it is important to actually LOOK at your tax return forms yourself and see the amounts of your tax refunds and/or tax due.  A lot of confusion would be avoided by doing that.   Be aware also that your Federal refund and state refund do NOT come together.  Federal and state tax returns are processed by two completely separate entities.  There is no rule as to which one will come first,   It is also possible that your state reduced your refund for debts owed in your state—if the state reduced your state refund you will receive a letter from the state.   Did you choose to have TT fees deducted from your Federal refund?  (Remember that if you did that, you also agreed to an extra refund processing fee of $40 or $45  in CA)   How can I see my TurboTax  fees?   https://ttlc.intuit.com/turbotax-support/en-us/help-article/intuit-account-billing/review-fees-turbotax-online/L1XnIzgzg_US_en_US?uid=m682vq7k      refund offset.       https://www.irs.gov/uac/tax-refund-offsets-pay-unpaid-debts  IRS Treasury Offset Program Call Center at 1-800-304-3107  https://www.irs.gov/uac/tax-refund-offsets-pay-unpaid-debts   https://ttlc.intuit.com/community/refunds/help/what-is-a-refund-offset/00/26301   Reduced Refund      https://www.irs.gov/taxtopics/tc203  
Entering 0 worked. Thanks!
If you are a US citizen or US permanent resident, you are required to report your worldwide income. Money given by your parents is not income.   But if you have no income either in Thailand or th... See more...
If you are a US citizen or US permanent resident, you are required to report your worldwide income. Money given by your parents is not income.   But if you have no income either in Thailand or the US (or your income is below the minimum filing requirement, you are not required to file a US tax return.   There is no reporting requirement for your US savings account.
I downloaded TurboTax Deluxe on my iMac desktop. I am at the point on my federal return that is fixing errors. I can't get past the error message - Is this a digital asset (Y/N).  I click the radio b... See more...
I downloaded TurboTax Deluxe on my iMac desktop. I am at the point on my federal return that is fixing errors. I can't get past the error message - Is this a digital asset (Y/N).  I click the radio button that says NO but it won't let me advance beyond that point.  I went back to the Capital Asset worksheet and entered No on each of the 94 lines and it still won't let me go beyond that point.     How do I fix this so I can file my return?
What is the status of your federal tax refund on the IRS website - https://www.irs.gov/refunds
Good news!  I was able to work through this using ChatGPT.   Turns out that total prior year(s) depreciation of a sold vehicle cannot exceed the business use % of the vehicle for the FIRST year it ... See more...
Good news!  I was able to work through this using ChatGPT.   Turns out that total prior year(s) depreciation of a sold vehicle cannot exceed the business use % of the vehicle for the FIRST year it was placed in service.     TurboTax, and any of the community forum topics here, did not explain this clearly, nor help me to determine what that was - I had to go to OpenAI to get the correct answers.  In fact, TurboTax software directly led me on the wrong path to complete my taxes this year, asking me instead to calculate depreciation for all prior years and aggregate it.  
If you e-filed: Banking information for direct deposit is wrong or closed If you entered incorrect banking information for your refund, you can change it if your return is rejected.  If it is acc... See more...
If you e-filed: Banking information for direct deposit is wrong or closed If you entered incorrect banking information for your refund, you can change it if your return is rejected.  If it is accepted, however, it is too late to change it.  The bank will reject the refund and send it back to the IRS.     https://www.taxpayeradvocate.irs.gov/news/tax-tips/direct-deposit-changes-for-2026-could-affect-how-and-when-you-get-your-refund/2026/01/   You may get this notice— a cp53a notice   https://www.irs.gov/individuals/understanding-your-cp53a-notice   If you take NO action—-the IRS will freeze your refund for at least six weeks and then mail you a check.   If your refund is sent back to the IRS—- make certain that the address you entered on your Form 1040 is correct.  And…open all mail, even if it looks like junk mail.  
I am trying to find out if the income was treated as short term as the taxes would be significantly higher.
@DaveF1006    Double dipping?  Actually, the effect on foreign tax credit of declaring the foreign house sale as a loss on 1116 is the exact opposite!  If I declare $100K loss (as opposed to a $50K... See more...
@DaveF1006    Double dipping?  Actually, the effect on foreign tax credit of declaring the foreign house sale as a loss on 1116 is the exact opposite!  If I declare $100K loss (as opposed to a $50K gain) for the house sale on 1116, it wipes out not only the $15K foreign income tax but also the 1099-INT and 1099-DIV foreign taxes withheld, with a net credit of 0!   I am not saying I want to report the foreign house sale as a loss on 1116.  I think you are saying to go ahead and report it as a $50K income on 1116.  1116 does not carry over ANY information from 8949 (proceeds, expenses, or basis, profit, or loss).  In fact reporting just the $50K proceeds as income and $15K taxes paid and skipping the expenses and loss on 1116 results in me being able to take ALL of the foreign taxes paid as credit.  No carry forward, no need to claim the $15K as a deduction on Schedule A under 901(m).   I just wanted to be double sure this is correct.  Particularly since doing so results in the foreign house sale being reported as $50K ordinary income on 1116 (which is how the foreign country treated it), whereas foreign house sale being reported as a long term $100K capital loss ($50K - $150K) on 8949.   This confusion in my mind is triggered by 1116 instructions which state "If you have foreign source qualified dividends or foreign source capital gains (including any foreign source capital gain distributions) or losses, you may be required to make certain adjustments to those amounts before taking them into account on line 1a (gross income) or line 5 (losses)."  But I think you are saying the foreign house sale, for purposes of 1116, is ordinary income (as treated by the foreign country) so the above does not apply.   Again, in light of the above, please let me know if I can go ahead and report the foreign house sale as a $50K income, $15K foreign taxes paid on 1116 and skip the expense and loss lines.  Thanks again.
Just discussed with TT on line chat.  Response is as follows:  There is still a delay with regard to depreciation calculations in TurboTax Online, and based on my sources, it could be as late a... See more...
Just discussed with TT on line chat.  Response is as follows:  There is still a delay with regard to depreciation calculations in TurboTax Online, and based on my sources, it could be as late as February 27, 2026. A I just want to give you the best information I have so you can make a decision about which software you want to use to prepare your 2025 returns.   This is unacceptable.