Be aware that if you file early, and say you completed the rollover, but then fail to in fact complete the rollover by even one day, you will need to file an amended return and could owe interest and...
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Be aware that if you file early, and say you completed the rollover, but then fail to in fact complete the rollover by even one day, you will need to file an amended return and could owe interest and penalties on the taxes not paid by April 15. Make sure that when you make the payment, you leave enough extra business days for the receiving plan to process the transaction before the 15th.
TurboTax, do you have an update on this reported issue? I provided my information a week ago, and another customer provided information nearly a week ago. This should be an easy fix. Is there an ETA?
We at Intuit TurboTax want our users to be completely delighted with their experience using our products and services, and successful in their financial lives and businesses. Once you file your re...
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We at Intuit TurboTax want our users to be completely delighted with their experience using our products and services, and successful in their financial lives and businesses. Once you file your return, as long as the settings to receive communication from Intuit don’t block it, you will see a pop-up message or receive an email with a survey asking you about your experience. We encourage you to leave your notes and comments there. “Voice of the Customer” notes and comments are read and acted upon. If you are using TurboTax Desktop, you can also leave feedback at the Final Steps tab.
Follow these steps How do I change my bank info for direct deposit? to make sure your bank information is correct, and then try to file again. Please contact us again if the problem persists.
No, there are no additional forms required. After you enter your Form 1099-R, there will be a series of questions. Continue through ALL of the questions and make sure you answer the question "What ...
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No, there are no additional forms required. After you enter your Form 1099-R, there will be a series of questions. Continue through ALL of the questions and make sure you answer the question "What Did You Do With The Money From [Retirement Plan]"? Be sure you indicate that you "rolled over all of this money to an IRA or other retirement account (or returned it to the same account)." Indicate you have even if you have not, but make sure you do rollover the money into an IRA or other retirement plan.
Removing the 1099-Q should have no effect on the rest of your tax return UNLESS you had withdrawals that were taxable because they were not for educational purposes. So if that is all that is holdin...
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Removing the 1099-Q should have no effect on the rest of your tax return UNLESS you had withdrawals that were taxable because they were not for educational purposes. So if that is all that is holding up the return I would go ahead and remove it.
No, that is not correct. You should proceed with the first version that correctly calculated the utilized portion and the carryover into 2026. You just need to enter the previous carryover data that ...
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No, that is not correct. You should proceed with the first version that correctly calculated the utilized portion and the carryover into 2026. You just need to enter the previous carryover data that was missed. Follow these steps to restore your carryovers from previous years.
Go to Deductions & Credits > Estimates and Other Taxes Paid > Foreign Taxes.
Work through the interview until you see the screen: "Do you have any Foreign Tax Credit Carryovers?"
Select Yes.
You will see a table for years 2015–2024.
Enter the amount of carryovers from previous years here.
Yes. The renters credit is for those who are living at and paying rent in their primary residence. It is ok if it is an apartment complex. The following must apply to you as a renter to claim t...
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Yes. The renters credit is for those who are living at and paying rent in their primary residence. It is ok if it is an apartment complex. The following must apply to you as a renter to claim the credit:
You have a lease or rental agreement.
Your total household resources (THR), taxable and non-taxable income total, do not exceed a certain limit.
You will have to enter your second lowest cost silver plan premium (SLCSP) in column 2 for your Form 1095-A entries. It is the second lowest cost sliver plan available when you applied for your insur...
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You will have to enter your second lowest cost silver plan premium (SLCSP) in column 2 for your Form 1095-A entries. It is the second lowest cost sliver plan available when you applied for your insurance. You can log into the marketplace Healtcare.gov where there is a tax tool you can use to find the amount.
@splitifnger09 Ha! Thanks for letting me know. I guess they're as unsure as I am. Waiting for clarification from the IRS, which won't come until later this year.
