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4 weeks ago
Why must there always be s
Some new trick you gotta be up to date on
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4 weeks ago
Overtime premium not listed in box 14 how do I find it
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4 weeks ago
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4 weeks ago
I use Windows Desktop Home & Business program. I'm Single and retired. Before I filed I looked though all the federal forms listed in my return. There were several I didn't need and were empty so I d...
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I use Windows Desktop Home & Business program. I'm Single and retired. Before I filed I looked though all the federal forms listed in my return. There were several I didn't need and were empty so I deleted them. They were for EIC, IRA Contributions, IRA Info and 5695 Energy Credit. My efile went though ok and was accepted. Why were they created? Is that something the moderator wants to know or pass on, or that might need fixing in the program? Oh, I forgot to look though the California forms. My CA was Accepted but I now see there is an empty Deductible Home Mortgage Interest Worksheet. I haven't had a mortage since 2002.
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4 weeks ago
@ronk3737 Are you using the Online version or the Desktop program. Where is it showing 0? Could it be this? On the income page The 2025 column shows the carryover to 2026 (not your current los...
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@ronk3737 Are you using the Online version or the Desktop program. Where is it showing 0? Could it be this? On the income page The 2025 column shows the carryover to 2026 (not your current loss for 2025). Schedule D doesn't actually show the carryover amount. To find your Capital Loss Carryover amount you need to look at your return schedule D page 2. Line 16 will be your total loss and line 21 should be a max loss of 3,000. The difference between line 16 and 21 is the carryover loss for next year. But if you have a negative AGI or negative taxable income it will show up on 1040 BUT it won't reduce the carryover to the next year.
4 weeks ago
@ladyksadness1 You can use the same email address for 5 accounts and returns. You can start another return in TurboTax Online by: Logging out if you are in your account Choose what TurboTax On...
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@ladyksadness1 You can use the same email address for 5 accounts and returns. You can start another return in TurboTax Online by: Logging out if you are in your account Choose what TurboTax Online product you want to use for the second return https://turbotax.intuit.com/personal-taxes/compare/online Create your account screen Set up a new login for the second return Start working on the new return
4 weeks ago
How can I bypass this glitch to file? I paid $177 to e-file, and now it isn't working. I'm feeling frustrated.
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4 weeks ago
Double would only be 736. There might be another form you entered like a K-1. Go back though and check all your 1099Int and 1099Div forms. Maybe you entered a interest as a dividend. Did you i...
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Double would only be 736. There might be another form you entered like a K-1. Go back though and check all your 1099Int and 1099Div forms. Maybe you entered a interest as a dividend. Did you import any forms? It might have imported wrong.
4 weeks ago
HOW DO I CALCULATE DEPRECIATION ON THE WORK TRUCK
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4 weeks ago
This is still an issue in 2026 in case anyone was wondering. It's embarrassing that this isn't fixed yet.
4 weeks ago
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4 weeks ago
So do you have another business you are reporting for 2025? Make sure you are entering expenses and home office under the right business. You can probably delete the old business. Some expenses...
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So do you have another business you are reporting for 2025? Make sure you are entering expenses and home office under the right business. You can probably delete the old business. Some expenses, such as home office or section 179 depreciation can only be used to reduce your schedule C taxable income to zero, and not to create a loss. Excess deductions for these carry over to the next year. And you have to answer yes to both questions about exclusive and regular use, not just one. The area of your home office must be used regularly and exclusively for business to deduct it. Or you checked the box on Schedule C line 32b saying Some Investment is Not at Risk.
4 weeks ago
I actually did try that before closing out and starting again. Something must not have loaded properly, and I wasn't that far into it. So starting over seemed like the next logical step.
4 weeks ago
You could have just deleted the kids from My Info and then enter them again. That would have cleared something out and given you all the right questions.
4 weeks ago
Who is your 1099 from? Why do you have sales on a 1099Div? You might have a consolidated statement. That will have sections for 1099-Int and 1099-Div and 1099B and 1099 OID, etc. You need to e...
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Who is your 1099 from? Why do you have sales on a 1099Div? You might have a consolidated statement. That will have sections for 1099-Int and 1099-Div and 1099B and 1099 OID, etc. You need to enter each section in the right place. So read it carefully and look for headings.... 1099-INT for interest or 1099-DIV for Dividends or 1099B for sales.
4 weeks ago
1 Cheer
All 1099R forms are entered the same way and same place. The only thing that tells it is an IRA is the checkmark in the little IRA/SEP/SIMPLE box between boxes 7 & 8. If it's asking for the RMD for...
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All 1099R forms are entered the same way and same place. The only thing that tells it is an IRA is the checkmark in the little IRA/SEP/SIMPLE box between boxes 7 & 8. If it's asking for the RMD for a pension it's whatever they send you. Say all of it is the RMD. If you have a RMD requirement it will ask you if it is the RMD. Say yes and enter the amount as the RMD amount. The pension doesn't need to calculate any RMD. Anything your pension pays you is considered to be the RMD. Traditional pensions automatically fulfill the rules of an RMD. So just enter the same amount in box 1 for the RMD for each 1099R.