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a month ago
@tuanngnttax wrote: I saw Merrill on the list in TurboTax software. It works if your statements are available.
a month ago
1 Cheer
It is now Saturday Feb 14th but no fix/updates. So, when will the fix for this issue be released?
a month ago
1 Cheer
Initially, we were told 2/13. It is now 2/14 and I haven't seen any fix. This is not acceptable. What is the procedure to escalate this issue so that it get's attention? Thank you.
a month ago
No. Medicaid is not reported on a tax return.
a month ago
I cannot find an "Other". The only way I can find to enter in stock sales is via a 1099B strangely.
a month ago
@vetz76 wrote: Looks like TT is afraid of transparency, they removed all my links to the people in charge at TT. Search for Customer Success person.... I can almost guarantee you that they'r...
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@vetz76 wrote: Looks like TT is afraid of transparency, they removed all my links to the people in charge at TT. Search for Customer Success person.... I can almost guarantee you that they're not going to change their stance at this juncture. Your options are exactly what you laid out in your post.
a month ago
1 Cheer
It's now February 14 and my TurboTax Premier has not been updated! Any idea when this update will come through?
a month ago
Topics:
a month ago
The work on that section of TurboTax (Rental and depreciation of rentals) is still in process. The updates are now scheduled to be released with next week's updates, which usually come through Thursd...
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The work on that section of TurboTax (Rental and depreciation of rentals) is still in process. The updates are now scheduled to be released with next week's updates, which usually come through Thursday night.
a month ago
You might be able to deduct your tips, even if they weren't reported on a 1099 form. Currently, the program indicates these aren't deductible, but this could change with future updates.
Since u...
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You might be able to deduct your tips, even if they weren't reported on a 1099 form. Currently, the program indicates these aren't deductible, but this could change with future updates.
Since updates are common early in the tax season, it's advisable to postpone filing your tax return until the program is updated.
This is the current IRS guidance on tips:
“Taxpayers may be able to claim a deduction for qualified tips paid to them in 2025 that are included on Form W-2, Form 1099-NEC, Form 1099-MISC, Form 1099-K, or reported directly by them on Form 4137.”
This guidance shows you should be able to deduct your tips.
a month ago
Topics:
a month ago
he hasn't not supported me at all can he get in trouble for claiming me?
Topics:
a month ago
1 Cheer
I have that screen. But it's not fixed. I am entering eligible expenses here which are equal to the amount on my 1099-Q. Turbotax is telling me I have a taxable distribution from the 529, which is...
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I have that screen. But it's not fixed. I am entering eligible expenses here which are equal to the amount on my 1099-Q. Turbotax is telling me I have a taxable distribution from the 529, which is not correct.
a month ago
Why does my tax return show I did not complete my RMD when I did?
Topics:
a month ago
I didn't use the desktop version but I was able to resubmit mine last week and it was accepted quickly. I think someone on the desktop version did as well. You might try deleting your form and reent...
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I didn't use the desktop version but I was able to resubmit mine last week and it was accepted quickly. I think someone on the desktop version did as well. You might try deleting your form and reentering it. But I'm not positive it will work.
a month ago
The work on that section of TurboTax (Rental and depreciation of rentals) is still in process. The updates are now scheduled to be released with next week's updates, which usually come through Thursd...
See more...
The work on that section of TurboTax (Rental and depreciation of rentals) is still in process. The updates are now scheduled to be released with next week's updates, which usually come through Thursday night.
Use this link Sign up for email notification which will let you know when the depreciation/amortization will be ready to file for Schedule E.
a month ago
I did my taxes last night thinking I was doing my taxes for 2025, but when i printed out the forms 1040 were from the taxes for 2024. even the refunds were the same. what do l need to do correct thi...
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I did my taxes last night thinking I was doing my taxes for 2025, but when i printed out the forms 1040 were from the taxes for 2024. even the refunds were the same. what do l need to do correct this mistake?
a month ago
Between family and friends, I'm aware of well over 10 Merrill accounts and only two of them show any data for import. February 14th is early for consolidated 1099s from your broker if you have a...
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Between family and friends, I'm aware of well over 10 Merrill accounts and only two of them show any data for import. February 14th is early for consolidated 1099s from your broker if you have a myriad of accounts and investments containing the likes of mutual funds, etc.