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4 weeks ago
Make sure your E*Trade 1099-B is ready for import. Some of them have not even been generated yet.
4 weeks ago
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4 weeks ago
I can't find any of my 2024 tax documents. How can I file my 2025 taxes with out my 2024 AGI?
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4 weeks ago
Can you clarify if you entered in the TurboTax rental section? Because it is a Home Away From Home business that is reported on Schedule C, TurboTax has it as a short-term rentals (STRs) (average gu...
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Can you clarify if you entered in the TurboTax rental section? Because it is a Home Away From Home business that is reported on Schedule C, TurboTax has it as a short-term rentals (STRs) (average guest stay is 7 days or less and "substantial services" (e.g., daily maid service, fresh linens, food) are provided for guest convenience). If you want to claim it on Schedule E, go back to the Review your rental property info page and under Rental Type and Usage, check what you have for Property Type- if you have Vacation or short-term rental, you can change to Single Family. Also, check your days rented at fair price and personal days. See 10 Tax Tips for Airbnb, HomeAway & VRBO Vacation Rentals.
4 weeks ago
Having 4 dependents doesn't make me ineligible for EIC. It's capped out at 3 dependents. It still wouldn't explain the discrepancy that I'm over income guidelines when I'm not. I also don't exceed th...
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Having 4 dependents doesn't make me ineligible for EIC. It's capped out at 3 dependents. It still wouldn't explain the discrepancy that I'm over income guidelines when I'm not. I also don't exceed the investment limit.
4 weeks ago
I checked again and have nothing know those lines so idk what's going on dude.
4 weeks ago
I am not sure I understand your question. I only have one 1099 related to RMD distribution entered the amount in box 1. Enrolled agent reviewed all my answers and found no problems with ansers.
4 weeks ago
1 Cheer
I have the same question that annieland posted 2 days ago. The software definitely states: "COMING SOON! We're working on a new tool to help you look up the fair market value of your item. We exp...
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I have the same question that annieland posted 2 days ago. The software definitely states: "COMING SOON! We're working on a new tool to help you look up the fair market value of your item. We expect it to be ready soon...." Please endeavor to offer more specifics. I have to believe that someone in the Intuit world has knowledge about this tool and when it will be available, specifically, whether it will be available in time to use this filing season. I respectfully and humbly request that Turbo Tax staff be more specific in your reply as to the status of this tool, and whether we can expect to see it in time to use by this year's filing deadline. This type of tool has been available in recent years' iterations of Turbo Tax. It was VERY helpful. And it baffles me as to why Turbo Tax would remove it. I appeal for you to bring it back! Thanks for listening!
4 weeks ago
Here are some troubleshooting tips summarized from posts by other users:
Desktop Application Troubleshooting (Windows):
Repair Visual C++: Go to Windows Settings > Apps, find "Microsoft Vi...
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Here are some troubleshooting tips summarized from posts by other users:
Desktop Application Troubleshooting (Windows):
Repair Visual C++: Go to Windows Settings > Apps, find "Microsoft Visual C++ 2015-2022 Redistributable (x64)," and select "Modify" then "Repair".
Reinstall C++: If repair fails, uninstall it, download the latest version from Microsoft, install it, and restart your computer.
Update Windows: Ensure Windows 11/10 is fully updated to avoid compatibility issues.
Reinstall TurboTax: Uninstall the application, restart your computer, and reinstall to ensure a clean installation.
Create a New User: Sometimes creating a new Windows user account resolves file access issues.
Online Browser Troubleshooting:
Clear Cache/Cookies: Clear your browser's cache and cookies to remove corrupted data.
Use a Different Browser: Try switching browsers (e.g., Chrome to Edge).
Check "S Mode": Ensure your computer is not running Windows in S Mode, which is incompatible with the desktop version.
If these steps do not work, it is recommended to Contact TurboTax Support directly for further assistance.
@Special-K
4 weeks ago
You may have the income in the correct location but let's make sure. To report this income use the steps below and then please update if you are experiencing the same result. When I use these steps i...
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You may have the income in the correct location but let's make sure. To report this income use the steps below and then please update if you are experiencing the same result. When I use these steps it shows up on Schedule 1, line 8z as it should. When finished you can preview your tax return as well.
Other Miscellaneous Income:
Sign into your TurboTax Online account
Go to Tax Home (left panel) Wages and Income section
Scroll to Less Common Income > Select Miscellaneous Income, 1099-A, 1099-C
Select Other reportable Income > Enter a description (----) and the amount
From the left rail menu in TurboTax Online, select Tax Tools (You may have to scroll down on the left rail menu.)
Select Tax Tools
On the drop-down select Tools
On the pop-up menu titled “Tools Center”, select View Tax Summary
On the left sidebar, select Preview my 1040
For TurboTax Desktop, change to 'Forms' and review the forms
@Whybecausewhy
4 weeks ago
LUMP SUM PAYMENT FOR FAIRNESS ACT
Your 2025 SSA1099 will show the extra payment you received in 2025 as a result of the Fairness Act. Look in the bottom left corner. It will say something li...
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LUMP SUM PAYMENT FOR FAIRNESS ACT
Your 2025 SSA1099 will show the extra payment you received in 2025 as a result of the Fairness Act. Look in the bottom left corner. It will say something like “Includes $XXXX Paid in 2025 for 2024.
When the software asks if you have a lump sum payment say yes. The program will help to determine if is better for you to attribute the sum to 2024 or to 2025, based on your AGI for each of those years. This will all be done within the 2025 program; you do not amend 2024.
https://www.irs.gov/faqs/social-security-income/back-payments/back-payments
4 weeks ago
The Free online edition does not support gambling winnings which are reported on Schedule 1. You have to upgrade to the Deluxe online edition.
Gambling losses can only be deducted up to the am...
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The Free online edition does not support gambling winnings which are reported on Schedule 1. You have to upgrade to the Deluxe online edition.
Gambling losses can only be deducted up to the amount of the gambling winnings. Gambling winnings are reported on Form 1040 Schedule 1 on Line 8b. The amount from Part I of Schedule 1 Line 10 flows to Form 1040 Line 8. Gambling Losses are reported on Form 1040 Schedule A as a Other Itemized Deductions. Gambling losses are not a one-for-one reduction in winnings. Your total itemized deductions reported on Form 1040 Schedule A must be greater than the standard deduction for your filing status to have any tax benefit.
To enter, edit or delete Gambling Winnings and Losses -
Click on Federal Taxes (Personal using Home and Business) Click on Wages and Income (Personal Income using Home and Business) Click on I'll choose what I work on (if shown) Scroll down to Less Common Income On Prizes, Awards, and Gambling Winnings, click the start or update button
4 weeks ago
Sorry----you cannot enter gambling winnings in the Free Edition. You must upgrade to a paid version. Gambling income goes on Schedule 1.
Gambling
To enter the W-2G or other documents...
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Sorry----you cannot enter gambling winnings in the Free Edition. You must upgrade to a paid version. Gambling income goes on Schedule 1.
Gambling
To enter the W-2G or other documents For your Gambling winnings--Go to Federal>Wages & Income>Less Common Income>Gambling Winnings
You can enter your winnings, and then keep clicking through the interview to enter gambling losses.
https://www.irs.gov/help/ita/how-do-i-claim-my-gambling-winnings-and-or-losses
Gambling winnings are taxable income. Losses are an itemized deduction. If you do not have enough itemized deductions to exceed your standard deduction, your losses will have no effect.
https://blog.turbotax.intuit.com/income-and-investments/how-are-gambling-winnings-taxed-8891/
4 weeks ago
Turbo Tax says lump sum payment for previous year is larger than can be reported
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4 weeks ago
my state was not approved
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4 weeks ago
Again, thanks for your help. Your suggestion to enter the gross amount in Box 1. into Box 16. of my 1099-R worked. I have successfully submitted my State tax form. However, "the proof in the puddi...
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Again, thanks for your help. Your suggestion to enter the gross amount in Box 1. into Box 16. of my 1099-R worked. I have successfully submitted my State tax form. However, "the proof in the pudding" is when I receive a successful acceptance by my state. I have a reasonable confidence that it will be accepted.
4 weeks ago
You will need to access the Schedule 1-A Part IV to see why you did not receive the car loan interest deduction.
To access Schedule 1-A when using the online editions you will have to pay the T...
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You will need to access the Schedule 1-A Part IV to see why you did not receive the car loan interest deduction.
To access Schedule 1-A when using the online editions you will have to pay the TurboTax account fees. Or if you are using the Free online edition, it has to be registered in the File section of the program.
To pay the TurboTax online account fees by credit card, without completing the 2025 return at this time, click on Tax Tools on the left side of the online program screen. Then click on Print Center. Then click on Print, save or preview this year's return. On the next page, to pay by credit card, click Pay Now. Complete the credit card section and click on Confirm payment.
4 weeks ago
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4 weeks ago
I filed the decedents final tax return last year for 2024. This year (2025 tax year) they received a few more tax documents in with their SSN, I am now preparing to file the 1041 and I want to make ...
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I filed the decedents final tax return last year for 2024. This year (2025 tax year) they received a few more tax documents in with their SSN, I am now preparing to file the 1041 and I want to make sure that these documents are allowed to go onto the estates 1041 form. These tax forms are for interest paid 1098, and capital long term losses from stock sales, Form 8949. All of these dollar figures happened after death.
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4 weeks ago
Hey ladies. I updated to the PATH message as well, I will be happy when we all get our DDD dates next week! And yes we have been doing this for years and I look forward to talking to y’all every time...
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Hey ladies. I updated to the PATH message as well, I will be happy when we all get our DDD dates next week! And yes we have been doing this for years and I look forward to talking to y’all every time