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a month ago
form 4562 worksheets?
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a month ago
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a month ago
Yes---and you also prepare a Schedule C for your expenses.
If you have self-employment income for which you will pay self-employment tax for Social Security and Medicare, you will need to use ...
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Yes---and you also prepare a Schedule C for your expenses.
If you have self-employment income for which you will pay self-employment tax for Social Security and Medicare, you will need to use online Premium software or any version of the desktop software download so that you can prepare a Schedule C for your business expenses.
https://ttlc.intuit.com/community/self-employed/help/how-do-i-report-income-from-self-employment/00/26653
https://ttlc.intuit.com/community/self-employed/help/what-is-the-self-employment-tax/00/25922
https://ttlc.intuit.com/turbotax-support/en-us/help-article/import-export-data-files/enter-self-employment-business-expenses-like-home/L1k6HJY4A_US_en_US?uid=m6jrthmp
If you live in a state with a state income tax, you might need to make estimated payments to your state.
https://turbotax.intuit.com/tax-tips/small-business-taxes/the-home-office-deduction/L1RZyYxzv
https://ttlc.intuit.com/turbotax-support/en-us/help-article/estimated-taxes/make-estimated-tax-payments/L5svMESaC_US_en_US?uid=mdna5aoh
https://turbotax.intuit.com/tax-tools/calculators/self-employed/
https://ttlc.intuit.com/community/business-taxes/discussion/self-employed-don-t-miss-these-tax-moves/00/3400413
https://ttlc.intuit.com/turbotax-support/en-us/help-article/import-export-data-files/enter-schedule-c/L5Fz3j5us_US_en_US?uid=m6a6gknk
https://ttlc.intuit.com/turbotax-support/en-us/help-article/payroll-additions-deductions/qualify-qualified-business-income-deduction/L0rM2cIIQ_US_en_US?uid=m5zpoxad
https://ttlc.intuit.com/turbotax-support/en-us/help-article/self-employment-taxes/self-employed-expenses-deduct/L37ZS1B8T_US_en_US?uid=m6fntpg7
a month ago
What qualifies as a lump sum payment?
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a month ago
rmd. not red
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a month ago
I would like a refund if I do not get them 5 days early! and also for being charged and not realizing it until the end..
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a month ago
2 Cheers
It’s still not ready :( I’m depreciating a rental property/the furnishings and upgrades
a month ago
@janagnost1961
To access your current or prior year online tax returns sign onto the TurboTax website with the User ID you used to create the account - https://myturbotax.intuit.com/
Scroll down...
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@janagnost1961
To access your current or prior year online tax returns sign onto the TurboTax website with the User ID you used to create the account - https://myturbotax.intuit.com/
Scroll down to the bottom of the screen and on the section Your tax returns & documents. Click on the 2024 and Click on Amend (change) 2024 return
If you used the desktop CD/Download editions installed on your computer, the only copy of your tax data file and any PDF's will be on the computer where the return was created. TurboTax does not store online any returns completed using the desktop editions.
a month ago
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a month ago
Well, it's February 12th and I still do not have the update for rental depreciation.
a month ago
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a month ago
When you enter your daughter as a dependent and answer the MY INFO questions correctly, the credit for other dependents should just be added automatically to line 19. Try deleting her as a dependen...
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When you enter your daughter as a dependent and answer the MY INFO questions correctly, the credit for other dependents should just be added automatically to line 19. Try deleting her as a dependent and then re-enter her information.
a month ago
When I try to import a form, it opens a tab for that institution. Then I type my credentials and I get the message that the import was successful and I should go back to TT. However TT screen is stil...
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When I try to import a form, it opens a tab for that institution. Then I type my credentials and I get the message that the import was successful and I should go back to TT. However TT screen is still stuck at 'Skip import' or 'Continue' screen. If I hit 'continue' it takes me back to opening a tab and typing my credentials. if I hit 'skip import' I do not see any imported forms. Pl. help; this has been driving me crazy
a month ago
The form is missing from the "Other Arizona Credits" screen -- and is costing me nearly $1,000 for a tax credit I'm due.
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a month ago
My husband passed away in 2024. I exercised his employee stock options in 2025 as surviving beneficiary/spouse. His company just sent me a 1099-NEC reporting the income. I believe it should be report...
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My husband passed away in 2024. I exercised his employee stock options in 2025 as surviving beneficiary/spouse. His company just sent me a 1099-NEC reporting the income. I believe it should be reported on a 1099-MISC Box 3 Other income and my understanding is that it would be considered Income in Respect of a Decedent (IRD). I am not self-employed nor did I provide any product, service or work for the company. Which is correct?
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a month ago
To enter a Form 1099-MISC that is not for self-employment -
Click on Federal (Personal using Home & Business) Click on Wages & Income (Personal Income using Home & Business) Scroll down to Other ...
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To enter a Form 1099-MISC that is not for self-employment -
Click on Federal (Personal using Home & Business) Click on Wages & Income (Personal Income using Home & Business) Scroll down to Other Common Income On Form 1099-MISC, click the start or update button
On the screen Did you get a 1099-MISC?, click on Yes On the screen Let's get the info from your 1099-MISC, enter the amount received in box 3 and continue On the screen Describe the reason for this 1099-MISC, enter a reason and Continue On the screen Does one of these uncommon situations apply? - Select None of these apply and continue On the screen Did the (reason) involve work that's like (your name) main job - Select No and continue On the screen How often did (your name) get income for (reason) - Select 2025 and continue On the screen Did the (reason) involve an intent to earn money? - Select No and continue
The amount entered from the Form 1099-MISC will be entered on Schedule 1 Line 8z The total from Schedule 1 Part I Line 10 flows to Form 1040 Line 8
a month ago
We cannot see your screen, your return or your account. Have you entered ALL of your 2025 information? All your income, etc.? Many tax documents that you need do not arrive until late January or e...
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We cannot see your screen, your return or your account. Have you entered ALL of your 2025 information? All your income, etc.? Many tax documents that you need do not arrive until late January or even February, so maybe you do not have it all there yet.
There are a lot of variables that affect your refund or tax due including how much you earned, how much tax you had withheld, your filing status, the number of dependents you claim, your deductions and credits, etc. You may have lost Earned Income Credit or the Child Tax Credit— did a child turn 17? If you received the EIC last year, remember that changes in the amount you earn have a big effect on the amount of EIC you can get. (Sometimes earning more money means less EIC) Did you have any “side gigs” like rideshare driving or delivery driving—-with no tax withheld? Are you 65 or older ? If so, your standard deduction is higher. Everyone has a higher standard deduction now so it is harder to use itemized deductions.
And of course, always check your own data entries, looking for errors such as misplaced decimals or extra zeros.
https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-refund/refund-go-compared-last-year/L97JmhUbi_US_en_US?uid=ld9ijm41
Print out 2024 and 2025 and compare them side by side to see what is different.
https://turbotax.intuit.com/tax-tips/tax-payments/video-why-would-i-owe-federal-taxes/L3VXudPiN
https://www.irs.gov/help/ita/am-i-eligible-to-claim-an-education-credit