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a month ago
under Federal for both Fed + State estimates; Deductions and Credits / Estimates and Other Taxes Paid section
a month ago
Your state estimated tax payments will serve as a credit your state tax liability and have to be entered on your tax return.
You enter your state estimated tax payments in the Federal section a...
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Your state estimated tax payments will serve as a credit your state tax liability and have to be entered on your tax return.
You enter your state estimated tax payments in the Federal section and they will flow through to your state return.
In TurboTax Online, you can enter the state estimated taxes you paid by following these steps:
Open your tax return
Click on Federal in the left-hand column, then Deductions & Credits
Locate the section named Estimates and Other Taxes Paid and click on the arrow on the right
Click on Start next to Estimated Tax Payments
On the next page, click Start next to State estimated taxes for 2025.
a month ago
Follow the instructions on the screen carefully. You should see checkboxes that have to be marked for the import.
a month ago
Paid VA state income tax on a IRA Withdrawal
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a month ago
1 Cheer
Room and Board are only Qualified Education Expenses for 529 distributions. If you had a 529 distribution and it was used entirely for qualified expenses, you don't need to include your 1099-Q in yo...
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Room and Board are only Qualified Education Expenses for 529 distributions. If you had a 529 distribution and it was used entirely for qualified expenses, you don't need to include your 1099-Q in your return. You also won't see any entries for Room and Board in the Education interview.
If you enter a 1098-T with an amount for Box 5, Grants/Scholarships, you will be asked if any of that amount was used for Room and Board. You need to keep your own records of what was paid from a 529 distribution, such room and board and related expenses.
Here's more info on Form 1099-Q and 529 Plans and Taxes.
@deslayton518
a month ago
TurboTax does not support Form 709. However, if you no longer own the property, you need to convert from rental use to personal use in the program.
a month ago
Hi! Thank you for the tips. But unfortunately non of these things worked. Do you have anything else I could try?
a month ago
1 Cheer
I rolled over an after tax 401k (firm 1) to another brokerage IRA (firm 2). I then did a Roth conversion on the firm 2 IRA to a firm 2 Roth. The 1099-R from firm 1 shows rollover and the appropriate ...
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I rolled over an after tax 401k (firm 1) to another brokerage IRA (firm 2). I then did a Roth conversion on the firm 2 IRA to a firm 2 Roth. The 1099-R from firm 1 shows rollover and the appropriate taxable amount with distribution code G (no problems there). The firm 2 shows taxable amount not determined with distribution code 2 (also expected). Nowhere in Turbo Tax am I seeing where it asked me about whether any part of the firm 2 rollover (where taxable amount couldn't be determined) was already after-tax. Instead Turbo Tax treated that rollover amount as taxable. I believe it should be asking this question and populating Part III question 14 of the IRA Information Worksheet (IRA Info Wks). Help on that section even specifically covers this scenario saying, "if you had a rollover of a qualified employer retirement plan, such as a 401k, to a traditional IRA and part of the amount that was rolled over was after tax contributions to the retirement plan, these after tax contributions are not taxable and therefore become part of the traditional IRA basis. Enter the non-taxable part of any rollover from a qualified employer retirement plan to a traditional IRA [on line 14]." I was able to go into that section and enter the number which then properly updated. But either I'm missing where you can enter this in the "EasyStep" sections or it's a bug that it did not ask about it when the taxable amount was not able to be determined.
a month ago
Distributions of monies contributed to a Roth IRA are not taxable.
You have to indicate in TurboTax that your distribution is from contributions, and not from earnings, by entering your Prior y...
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Distributions of monies contributed to a Roth IRA are not taxable.
You have to indicate in TurboTax that your distribution is from contributions, and not from earnings, by entering your Prior year Roth IRA contributions.
After you have entered your form 1099-R, TurboTax will take you back to the summary page titled Your 1099-R Entries.
On that page, click Continue and follow the TurboTax interview until you arrive at the page titled Enter Prior Year Roth IRA Contributions where you can enter the amount of your past contributions.
a month ago
Cuando puedo enmendar?
Topics:
a month ago
Go to Federal>Deductions and Credits>Estimates and Other Taxes Paid>Other Income Taxes
a month ago
If you transmitted your return for e-file it's too late to cancel it.
a month ago
2 Cheers
you need to set the browser permissions to allow it to import, see https://ttlc.intuit.com/community/taxes/discussion/re-vanguard-brokerage-update-is-available-from-vanguard-but-not-on-turbo-tax/...
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you need to set the browser permissions to allow it to import, see https://ttlc.intuit.com/community/taxes/discussion/re-vanguard-brokerage-update-is-available-from-vanguard-but-not-on-turbo-tax/01/3773709#M1402209
a month ago
There is no Payer ID for a SSA1099. You are trying to enter it in the wrong place.
Go to Federal> Wages & Income>>Retirement Plans and Social Security (SSA1099 and 1099RRB) to enter your...
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There is no Payer ID for a SSA1099. You are trying to enter it in the wrong place.
Go to Federal> Wages & Income>>Retirement Plans and Social Security (SSA1099 and 1099RRB) to enter your SSA1099.
a month ago
I'm saving every single time I switch to another return. If I'm in step view, that MIGHT work. If I'm in firms view, it NEVER works. Either way, I should only have to enter and save that in...
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I'm saving every single time I switch to another return. If I'm in step view, that MIGHT work. If I'm in firms view, it NEVER works. Either way, I should only have to enter and save that information once ever. I've probably entered it a dozen times by now, maybe more. I need this to stop. I entered the 10k, it should stay. Or I need another place to put it.
a month ago
2025 TURBOTAX
DOWNLOAD (This requires a full PC or Mac—-cannot be used on a mobile device)
https://turbotax.intuit.com/personal-taxes/cd-download/
You can also purchase the desktop ...
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2025 TURBOTAX
DOWNLOAD (This requires a full PC or Mac—-cannot be used on a mobile device)
https://turbotax.intuit.com/personal-taxes/cd-download/
You can also purchase the desktop download from various retailers such as Costco, Amazon, Walmart, Best Buy, Staples, Sam’s Club, etc. etc. etc.
This link Where can I obtain authentic TurboTax software? has a list of authorized TurboTax resellers.
When you use desktop software, there is an additional fee to e-file a state return. You can avoid that fee if you print, sign and mail the state return.
https://ttlc.intuit.com/community/system-requirements/help/minimum-system-requirements-for-turbotax-mac-software/00/25609
https://ttlc.intuit.com/turbotax-support/en-us/help-article/product-system-requirements/minimum-system-requirements-turbotax-windows/L8ZSsGqF1_US_en_US?uid=lph06daf
a month ago
how to import csv file
a month ago
Online help says to go through the Underpayment questions and it will show up there. But I have not found it there.
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a month ago
Where do I find my AGI?
https://ttlc.intuit.com/community/agi/help/how-do-i-find-last-year-s-agi/01/25947
Your 2024 tax return shows your 2024 Adjusted Gross Income (AGI) If you filed a...
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Where do I find my AGI?
https://ttlc.intuit.com/community/agi/help/how-do-i-find-last-year-s-agi/01/25947
Your 2024 tax return shows your 2024 Adjusted Gross Income (AGI) If you filed a joint return then the AGI is the same for each of you.
Form 1040 line 11
If entering the amount from your 2024 tax return does not work, then try entering “0” instead. If that does not work and you still cannot e-file, then print, sign, and mail your tax return.
You can get a free transcript of your past return from the IRS:
https://www.irs.gov/individuals/get-transcript
Note: If you filed late or amended your return, your correct 2024 AGI may not be in the system.
https://ttlc.intuit.com/questions/1944348-how-do-i-print-and-mail-my-return-in-turbotax-online
Note: If you mail your federal return, you will also need to mail your state return. You will not be able to e-file your state return.