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Yeah, I'm still over that amount. I checked the box for disabled veteran and then it takes me to income for any additional income I didn't already claim. There is no next box to input the percentage 🤷
Monthly payments. Taxable amt never changes. Why is TT requiring details as to its calculation method for this and previous years?
The IRS database thinks that you or a member of your household has, or has had a Marketplace policy.   You should Confirm that you and no one else got a 1095-A You can use the phone number l... See more...
The IRS database thinks that you or a member of your household has, or has had a Marketplace policy.   You should Confirm that you and no one else got a 1095-A You can use the phone number listed by state at  The Health Insurance Marketplace. If you're sure you don't have a 1095-A you can use these steps to clear it. Select Tax Tools On the drop-down select Tools There will be 2 green boxes Select Topics Search Type 1095-A The question will come up Did you receive Form 1095-A for your health insurance plan? Answer Yes Continue to the form Delete it using the trash can ------------------- Repeat the process When you get to Did you receive Form 1095-A for your health insurance plan? Answer No
I then converted my Ethereum to Bitcoin in 2024.   IRS Q64 here states:   If you exchange digital assets for other property, including for other digital assets differing materially in kind or ext... See more...
I then converted my Ethereum to Bitcoin in 2024.   IRS Q64 here states:   If you exchange digital assets for other property, including for other digital assets differing materially in kind or extent or debt instruments issued as a part of the transaction, you will recognize a capital gain or loss. For more information on calculating gain or loss from disposing of digital assets for other property, including other digital assets, see FAQs 65 through 67.   The purchases of Bitcoin and Ethereum in 2021 are not taxable events.  However, the purchases will establish the cost basis for each of the investments.   IRS Q56 here states:   If you purchase digital assets using cash in a transaction your basis in the digital assets received includes the amount you paid in cash for the digital assets plus the amount you paid for transaction services to effect the purchase, the latter of which are digital asset transaction costs. For more information on which types of costs qualify as digital asset transaction costs, see FAQ 53.   The 2024 transaction would be reported on your 2024 Federal income tax return.  The entry would be reported on an amended income tax return.   If you used TurboTax Online, log in to your account that contains your 2024 income tax return and select Amend a return that was filed and accepted.  See this TurboTax Help.   The transaction would be reported under Investments and Savings and Stocks, Cryptocurrency, Mutual Funds, Bonds, Other as a manually entered IRS form 1099-B.  Please post if you have further questions.    
Yes, if you are a full-year non-resident but received any income from Indiana sources (like slot machine winnings), you are required to file Form IT-40PNR (Part-Year or Nonresident return).   Ind... See more...
Yes, if you are a full-year non-resident but received any income from Indiana sources (like slot machine winnings), you are required to file Form IT-40PNR (Part-Year or Nonresident return).   Indiana requires you to file a state tax return your gross income exceeds your exemptions ($1,000 for a single person).   If you win a jackpot on a slot machine (typically $1,200 or more), the casino issues a Form W-2G.  A copy of that W-2G is sent to the Indiana Department of Revenue (and why they require a state tax return from you).   The casino may not have withhold state taxes at the time you won, but Indiana still taxes that income at their flat rate (currently 3.0% for 2025).   If the casino did withhold taxes, you may get some of that money back (if you owe less than was taken) by filing a state tax return.  
To enter estimated tax paid in 2025  Go to Federal>Deductions and Credits>Estimates and Other Taxes Paid>Estimates
Thank you for the info. I dug into the actual underlying forms and found that somehow TT thought I had a basis in my IRA and this caused TT to ask the question. Since I don't have a basis in my IRA (... See more...
Thank you for the info. I dug into the actual underlying forms and found that somehow TT thought I had a basis in my IRA and this caused TT to ask the question. Since I don't have a basis in my IRA (ROTH yes, but not my traditional IRA) I replaced it with zero (0) and then TT no longer prompted me with the question.  This question is still confusing since form 5498 gets mailed out in May, 1 month AFTER federal taxes are due. So how can TT ask for a form I can't have? So something still seems broken regarding this, but I did resolve my specific issue.
If you had no health insurance for 2025, when it asks you about the 1095A say NO to the question and move on.   That question is for people who had marketplace health insurance from healthcare.go... See more...
If you had no health insurance for 2025, when it asks you about the 1095A say NO to the question and move on.   That question is for people who had marketplace health insurance from healthcare.gov.   If you did not have that the question does not apply to you.
How to fix a schedule F issue when it gives you the prompt to review to fix but no way to fix it
Hi LindaS5247, thank you for your recommendation. I read about doing this in other thread that Im following, I just did it, delete all related form with the 1099-R and did it all over again and still... See more...
Hi LindaS5247, thank you for your recommendation. I read about doing this in other thread that Im following, I just did it, delete all related form with the 1099-R and did it all over again and still the same issue, after I run the review a box that is marking  ''2025 Disaster Distribution'' appears red. Then in this page that is under  Review> Analysis > Check This Entry appear a legend in the top that says :  '' Form 1099-R ( Payer's Company): 2025 Disaster Distribution Checkbox - You can't file just yet. This may mean a better tax outcome for taxpayers like you who have 2025 Qualified Disaster Distributions. We can keep working on your tax return adn we''ll let you know when we can help you finish up your taxas''. What I understand form this is that Turbo Tax Desktop Premier is still unable to process this forms, the real question would be until when since this is the only thing stopping me from filling since 2 weeks ago. Hopefully Turbotax fix this soon. 
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 ... See more...
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 Estimated Tax Payments, click on the start or update button   On Federal estimated taxes for 2025 (Form 1040-ES), click the start button   On State estimated taxes for 2025, click on the start button   Federal estimated taxes paid are entered on Form 1040 Line 26
To enter estimated tax paid in 2025  Go to Federal>Deductions and Credits>Estimates and Other Taxes Paid>Estimates
Thank you very much!
Click on Tax Tools on the left side of the online program screen Click on Tools Click on Transfer last year's TurboTax return from your computer
When you are entering your income from Doordash, TurboTax will ask if any of that incomel includes tips. This question is after you enter your income form.  The tips must be included in a Form 1099-k... See more...
When you are entering your income from Doordash, TurboTax will ask if any of that incomel includes tips. This question is after you enter your income form.  The tips must be included in a Form 1099-k, 1099-MISC, or 1099-NEC.     Guidance for Individual Taxpayers who received Qualified Tips or Qualified Overtime Compensation in 2025    
You cannot use online TurboTax for a 2024 return.   If you are trying to use online, the return is all wrong.  Stop trying to e-file it.   You cannot change the tax year.   The current online pro... See more...
You cannot use online TurboTax for a 2024 return.   If you are trying to use online, the return is all wrong.  Stop trying to e-file it.   You cannot change the tax year.   The current online program is for 2025 only.   Only a 2025 return can be prepared online and only a 2025 return can be e-filed.   Online preparation and e-filing for 2022, 2023, and  2024 is permanently closed. Note:  The desktop software you need to prepare the prior year return must be installed/downloaded to a full PC or Mac.  It cannot be used on a mobile device.   To file a return for a prior tax year  If you need to prepare a return for 2022, 2023, or 2024  you can purchase and download desktop software to do it, then print, sign,  and mail the return(s) https://turbotax.intuit.com/personal-taxes/past-years-products/ You may also want to explore purchasing the software from various retailers such as Amazon, Costco, Best Buy, Walmart, Sam’s, etc.   Remember to prepare your state return as well—if you live in a state that has a state income tax.   https://ttlc.intuit.com/turbotax-support/en-us/help-article/state-taxes/contact-state-department-revenue/L9qVToi02_US_en_US?uid=m6e06um0     When you mail a tax return, you need to attach any documents showing tax withheld, such as your W-2’s or any 1099’s.  Use a mailing service that will track it, such as certified mail so you will know the IRS/state received the return.   Federal and state returns must be in separate envelopes and they are mailed to different addresses.  Read the mailing instructions that print with your tax return carefully so you mail them to the right addresses.