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a month ago
Topics:
a month ago
2 Cheers
Same issue here. Sign in to WF, go back to screen, have to sign in again, back to screen, repeat until I give up. Tried using a different browser and get the exact same behavior. Something is broken...
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Same issue here. Sign in to WF, go back to screen, have to sign in again, back to screen, repeat until I give up. Tried using a different browser and get the exact same behavior. Something is broken in the redirect back to the app or something similar. For whatever support agent is watching this - yes, we tried a different browser and the TurboTax app is updated to the latest version as of this date. There's something wrong with the import process.
a month ago
Clear cache and cookies on your web browser. Or change your web browser to either Google Chrome, Mozilla Firefox for Microsoft Edge, one you are not currently using.
a month ago
If you have a withdrawal from a Roth IRA, it can be taxable in certain situations. For example,
1. You are withdrawing earnings, and you are either under age 59-1/2, or it is less than 5 year...
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If you have a withdrawal from a Roth IRA, it can be taxable in certain situations. For example,
1. You are withdrawing earnings, and you are either under age 59-1/2, or it is less than 5 years since you opened your first IRA.
2. You are withdrawing a conversion that happened less than 5 years ago, and you are under age 59-1/2.
(Remember that Roth withdrawals are always contributions first, conversions second, and earnings last.)
If you are in one of those situations, you need to certify to the IRS (by signing your return) that you are only withdrawing your original contribution basis. If you are over age 59-1/2 and the account has been opened more than 5 years, Turbotax shouldn't even ask the question and you can make a reasonable guess if you are forced to enter an answer. If you are in one of those situations, you should provide as accurate information as possible in case of audit.
a month ago
For the 2025 tax year,
taxpayers taking the standard deduction cannot deduct charitable contributions. The ability to claim a "universal" above-the-line deduction for cash donations, up to $1,000 (...
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For the 2025 tax year,
taxpayers taking the standard deduction cannot deduct charitable contributions. The ability to claim a "universal" above-the-line deduction for cash donations, up to $1,000 (single) or $2,000 (married filing jointly), is reinstated starting in 2026.
a month ago
Can I list the purchase of a HVAC unit as a major purchase for a sales tax credit?
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a month ago
Hello everybody, The issue was resolved by the last update. No more error on Form 3800 or 3800 worksheet.
a month ago
What says refunded?
What does the IRS website for the status of a federal tax refund indicate? - https://www.irs.gov/refunds
a month ago
As far as I can tell, this issue is still a problem years later. TurboTax fails to correlate qualified education expenses with qualified distributions to the 529 account owner. All of the qualified ...
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As far as I can tell, this issue is still a problem years later. TurboTax fails to correlate qualified education expenses with qualified distributions to the 529 account owner. All of the qualified distributions were used to pay tuition for a non-dependent beneficiary (who is now a 24 yo graduate student, and working). What is the workaround please?
a month ago
Now I don’t know what to do. I can’t get ahold of anyone at the irs
Topics:
a month ago
Topics:
a month ago
The work on that section of TurboTax (Rental and depreciation of rentals) is still in process. The updates are now scheduled to be released with next week's updates, which usually come through Thursd...
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The work on that section of TurboTax (Rental and depreciation of rentals) is still in process. The updates are now scheduled to be released with next week's updates, which usually come through Thursday night.
Use this link Sign up for email notification which will let you know when the depreciation/amortization will be ready to file for Schedule E. This will be the most efficient notification.
@Mr--Krab
a month ago
I’m not a robot box. When selected, will not finish
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a month ago
@Chrisgmitchell Thanks for sharing. I agree that the Community forums are an amazing resource though I wish the functionality of the forums was easier to navigate through. I have the online v...
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@Chrisgmitchell Thanks for sharing. I agree that the Community forums are an amazing resource though I wish the functionality of the forums was easier to navigate through. I have the online version so I'm still hoping TurboTax team will fixed the online version soon.
a month ago
Topics:
a month ago
Since a traditional pension is based on your life expectancy, the entire amount is considered to be the RMD.
a month ago
You will want to enter as Estimated payments. See Where do I enter my estimated tax payments?
The payments will be applied to the taxes you owe to the IRS and/or state to reduce the amount due...
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You will want to enter as Estimated payments. See Where do I enter my estimated tax payments?
The payments will be applied to the taxes you owe to the IRS and/or state to reduce the amount due or there will be a refund for you.
a month ago
Also, there are two dependent questions.
1. "Can you be claimed as a dependent by someone else?"
2. "Will the person who could claim you, actually claim you this year?"
You must answer Q1 a...
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Also, there are two dependent questions.
1. "Can you be claimed as a dependent by someone else?"
2. "Will the person who could claim you, actually claim you this year?"
You must answer Q1 as No. If you can be claimed as a dependent by someone else (meet the qualifications), you are not eligible to make any contributions, even if the person who could claim you won't actually claim you.
a month ago
1 Cheer
Use the following steps in TurboTax Online:
On the Take a look at Georgia credits page, scroll to the Other Credits section.
Click Start or Revisit beside Individual and Business Credit...
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Use the following steps in TurboTax Online:
On the Take a look at Georgia credits page, scroll to the Other Credits section.
Click Start or Revisit beside Individual and Business Credits.
Then, you will need to use the drop down box to select the credit code for the Law Enforcement Donation Credit (code 150) to enter your information.