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a month ago
Using TT Home & Bus 2025 desktop, I find that my Michigan return .pdf file is missing some federal schedules, which, as per MI's state 1040 filing instructions (see Table 3, pg 67) are required. For...
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Using TT Home & Bus 2025 desktop, I find that my Michigan return .pdf file is missing some federal schedules, which, as per MI's state 1040 filing instructions (see Table 3, pg 67) are required. For my particular situation, I am required to file Fed & MI State tax hardcopy by mail return, so this matters to me. For my situation, TT does include within the "all forms required for filing" .pdf file: Sched "C", and Form 8829 (and an "Explanation" memo page for line #37), but does NOT include Sched "1" and Sched "3". Of course I easily resolved the issue by adding the missing items to my MI 1040 tax return deck, but it seems that Intuit / TurboTax could easily fix this issue. I vaguely recall that I had this similarly happen last year when using TT Premier desktop. Please fix the issue, or tell me what I'm doing wrong. Thanks.
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a month ago
No, you only need to report a Form 1095 if it is Form 1095-A. Form 1095-C is informational only. You don't need to report Medicaid coverage on your tax return.
a month ago
1 Cheer
To simplify things, answer no to the "did you live in a foreign country" question. Otherwise TurboTax is going to ask questions about foreign income. As long as the only income is the one from the ...
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To simplify things, answer no to the "did you live in a foreign country" question. Otherwise TurboTax is going to ask questions about foreign income. As long as the only income is the one from the summer job in the US, there's no need to go through the foreign questions.
a month ago
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a month ago
To enter estimated tax paid in 2025
Go to Federal>Deductions and Credits>Estimates and Other Taxes Paid>Estimates
a month ago
TurboTax accounts cannot be merged or deleted. Choose one to use and and keep a record of the "old" one just in case you ever need to look at information that is in it.
a month ago
According to the TurboTax Help Article What do I do with Form 1099-A?:
You may get Form 1099-A (Acquisition or Abandonment of Secured Property) if your lender foreclosed on your mortgage or r...
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According to the TurboTax Help Article What do I do with Form 1099-A?:
You may get Form 1099-A (Acquisition or Abandonment of Secured Property) if your lender foreclosed on your mortgage or repossessed property as a result of a defaulted loan.
If your 1099-A is for personal property, like your personal residence or automobile, you don't need to report it. However, hang on to this form and keep it with your tax records.
On the other hand, if you got a 1099-A for business or investment property (like a rental), we highly recommend that you consult a tax professional for further advice.
If you want to enter a Form 1099-A in TurboTax, Go to:
Federal Taxes
Wages & Income
Less Common Income
1099-A/1099-C.
Or, you can Type "1099-A" in the search bar and select the "Jump to" link.
a month ago
No. There is a federal educator expense deduction you can enter:
Go to Federal>Deductions and Credits>Employment Expenses>Teacher (Educator) Expenses
https://www.irs.gov/taxtopics/tc458
...
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No. There is a federal educator expense deduction you can enter:
Go to Federal>Deductions and Credits>Employment Expenses>Teacher (Educator) Expenses
https://www.irs.gov/taxtopics/tc458
https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-credits-deductions/educator-expense-deduction/L4ez9qGKu_US_en_US?uid=m5zq4nk2
And IL has some education credits for K-12.
a month ago
No, there is no extra fee for 1A. That form is used on any version of the software you are using including Free Edition if you enter any of the things that go on 1A--like the senior deduction, new ...
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No, there is no extra fee for 1A. That form is used on any version of the software you are using including Free Edition if you enter any of the things that go on 1A--like the senior deduction, new car interest, tips or overtime.
a month ago
does Illinois have a teacher's expense tax credit?
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a month ago
In TurboTax Desktop, to get to Forms 8606:
Switch to Forms mode by clicking on the Forms icon in the upper right of the screen.
Click "Open Form" in the top left
If your form does not...
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In TurboTax Desktop, to get to Forms 8606:
Switch to Forms mode by clicking on the Forms icon in the upper right of the screen.
Click "Open Form" in the top left
If your form does not have your prior year non-deductible contributions, then below line 1 you will see a box with "Traditional IRA Basis Smart Worksheet". Click on the "QuickZoom" to enter the total traditional IRA basis for 2024 and earlier years.
a month ago
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a month ago
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a month ago
Unfortunately, I do not yet see any generic panel mfgs on the IRS QMID list for as of 2/16/2025 only one smart panel mfg (EG4 ELECTRONICS LLN) https://www.irs.gov/credits-deductions/energy-efficient...
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Unfortunately, I do not yet see any generic panel mfgs on the IRS QMID list for as of 2/16/2025 only one smart panel mfg (EG4 ELECTRONICS LLN) https://www.irs.gov/credits-deductions/energy-efficient-home-improvement-credit-qualified-manufacturers
a month ago
Try again Thursday night or Friday.
a month ago
That is it. Thank you!
a month ago
To enter estimated tax paid in 2025
Go to Federal>Deductions and Credits>Estimates and Other Taxes Paid>Estimates
a month ago
Yes the 1099 documents are available. I was able to import from Etrade. But Morgan Stanley at Work is not working. The error says that 109X import is unavailable.