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a month ago
2 Cheers
I think the confusion of the OP is the same as mine. The help that TT gives on this screen below implies Average sale price should be selected from the dropdown choices. However, if this is selecte...
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I think the confusion of the OP is the same as mine. The help that TT gives on this screen below implies Average sale price should be selected from the dropdown choices. However, if this is selected it does not populate form 8283. Comparative Sales will appear.
a month ago
Does the 2021 one time tax rebate have to be entered again this year?
Topics:
a month ago
ez10977, your reply just confuses things even further for me. If you are not using my data and give step by step instructions in relates to TurboTax software, I will not be able to follow. So far, Am...
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ez10977, your reply just confuses things even further for me. If you are not using my data and give step by step instructions in relates to TurboTax software, I will not be able to follow. So far, AmyC instructions comes very close where I came follow 95% but I still don't get why entering 2023 as the year instead of 2025 as it shows from Box 1. If this amount after entering on TT will not show up on any forms or schedules, it's like not entering at all.
a month ago
For some reason it apparently sent another copy. Here's the new token number, but the tax document info should be identical in both:
Your token number is: 89209458-00077748
a month ago
Here is an excellent TurboTax post that explains procedure for reporting a Heloc without a 1098-T. It was written by PattiF.
"Open your return.
Go to federal>deductions and credits
Yo...
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Here is an excellent TurboTax post that explains procedure for reporting a Heloc without a 1098-T. It was written by PattiF.
"Open your return.
Go to federal>deductions and credits
Your Home>Mortgage Interest and Refinancing (Form 1098)
Enter the Lender’s name in the “Name of Lender” box.
Check the box for “None of the above." under Do any of these situations apply?
Follow the prompts to enter the interest you paid.
Check the box for "Yes, this loan is secured by a property of mine."
Check the box for "This loan is a home equity line of credit (HELOC)."
If you used a portion of these funds for something other than your home, only the portion used for your home is deductible.
Continue back to the Home Loan summary page to save your work"
a month ago
@vamsikrishna9
Amended tax returns that are mailed are not eligible for direct deposit of a tax refund from the amended return. The IRS will mail a refund check to the address on the amended retu...
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@vamsikrishna9
Amended tax returns that are mailed are not eligible for direct deposit of a tax refund from the amended return. The IRS will mail a refund check to the address on the amended return.
a month ago
I have both a W2 and a W-2C. Some information was omitted from my W2 ( box 14 for FL ) which is now on the W-2C. The only information on the W-2C is in box 14. Should I simply add the information in ...
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I have both a W2 and a W-2C. Some information was omitted from my W2 ( box 14 for FL ) which is now on the W-2C. The only information on the W-2C is in box 14. Should I simply add the information in box 14 for my W-2?
Topics:
a month ago
The TurboTax Free Edition is for customers who are filing simple Form 1040 returns only (no schedules except for Earned Income Credit, Child Tax Credit and Student Loan Interest. Roughly 3.7% of taxp...
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The TurboTax Free Edition is for customers who are filing simple Form 1040 returns only (no schedules except for Earned Income Credit, Child Tax Credit and Student Loan Interest. Roughly 3.7% of taxpayers qualify. If you have additional forms or attachments, you'll need to use a different TurboTax product.
You can review your fees using the instructions below to find out why you're being charged. You can follow the instructions in this article to remove any unwanted Fees Why am I being charged for TurboTax Free Edition?
You can review your fees in TurboTax online as follows:
Go to the left side on your screen under "Tax Home"
Go to "Tax Tools" then "Tools"
The "Tools Center" Box will pop up
Click on "My Fees" to see a summary of your Turbo Tax Fees
Click here for "How do I review my fees in TurboTax Online?"
Click here for "How do I downgrade to a different TurboTax Online product?"
Please return to Community if you have any additional information or questions and we would be happy to help.
a month ago
1 Cheer
Yes, I got it too. First I tried the Brave, but did not import, so changed to MS Edge and worked! in the evening of Feb 11.
a month ago
MFJ and both over 65 with income of $180k and subject to the phase out. However Turbo Tax desk top version is incorrectly calculating the phase out amount by doubling the phase out amount. I've see...
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MFJ and both over 65 with income of $180k and subject to the phase out. However Turbo Tax desk top version is incorrectly calculating the phase out amount by doubling the phase out amount. I've seen where others have reported the issue but I don't see confirmation by Intuit that it's a known issue or any estimate of when to expect correction.
a month ago
Turbo tax is showing Civil Service retirement as taxable in Kansas. It correctly exempted my Army Retirement and Social Security. I called Kansas State Revenue office which confirmed that Civil Serv...
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Turbo tax is showing Civil Service retirement as taxable in Kansas. It correctly exempted my Army Retirement and Social Security. I called Kansas State Revenue office which confirmed that Civil Service is non-taxable.
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a month ago
2 Cheers
What's actually concerning is they seem to be doing a depreciation calc for any data that rolled over from last year, but you can't view it nor modify it because of the current issue of "not ready". ...
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What's actually concerning is they seem to be doing a depreciation calc for any data that rolled over from last year, but you can't view it nor modify it because of the current issue of "not ready". So for example, if schedule e gross income is $10k, and I entered $5k of expenses, the net income on the property only shows $2k (instead of $5k) because $3k worth of depreciation is being carried over from last year...behind the scenes. We're stuck in a black hole right now.
a month ago
This is a long shot, but if you were following the steps in a TurboTax help article for How do I enter a parsonage or housing allowance reported on a W-2? and followed a 'jump-to' link for other repo...
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This is a long shot, but if you were following the steps in a TurboTax help article for How do I enter a parsonage or housing allowance reported on a W-2? and followed a 'jump-to' link for other reportable income, then you can land on the PPP screen you described. The easiest way out is to simply click to another section of your return without answering any questions or filling in any data.
The 'jump to' link is not going to the same place as in the past and you are going through a different/incorrect section of the program. It has been reported that the help article should be corrected.
If you indeed need to adjust for a clergy housing allowance, try using the following steps:
In the Income section of your return, scroll to Less Common Income.
Click Start or Update beside Miscellaneous Income, 1099-A, 1099-C.
Scroll to the bottom of the Let's Work on Any Miscellaneous Income screen and select Start next to Other reportable income.
Answer Yes, and on the Any Other Taxable Income screen, type Clergy Housing Allowance in the description and enter it as a negative number (precede it with a minus sign, for example -10,000).
This will report the housing allowance as a negative adjustment on Form 1040 Schedule 1 line 8z.
@brianporter1958
a month ago
I normally enter things through forms directly. When I try Step-by-Step now, it assumes that everything is ready to be filed. How do I get back into Step-by-Step entry of data? JohnD
a month ago
If your return has already been accepted, you cannot change the payment method for TurboTax fees.
If you have not already filed your tax return, you should be able to:
Sign in and op...
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If your return has already been accepted, you cannot change the payment method for TurboTax fees.
If you have not already filed your tax return, you should be able to:
Sign in and open your return.
Select File in the left menu.
Proceed to the payment step and select View Payment Options to change your credit card.
If that does not work, you can try some of the steps below:
Logging out and back in to force a refresh.
Clearing your browser's cache and cookies. Click here for How to clear your cache. Click here for How do I delete cookies?
Try using a different Web browser
Try using incognito mode
a month ago
See this TurboTax support FAQ for removing Live Assist - https://ttlc.intuit.com/turbotax-support/en-us/help-article/intuit-subscriptions/remove-turbotax-live/L3WW5jwOM_US_en_US
a month ago
but I need mail 1040X-form for 2024 as I cant efile through turbotax . In this case how can i request IRS to deposit my amend refund through direct deposit ?.
a month ago
Just sent. My token number is: 89209458-00077748
a month ago
Quick follow-up: this problem has not been fixed yet. Please indicate when this will be fixed.