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jrflamholz

rmd to charity

clintsaffo

ND207

Turbo Tax will not allow me to manually adjust Maine Schedule 1S to include accrued market discount for treasury notes (which is treated as interest on US obligations and should not be subject to sta...

Turbo Tax will not allow me to manually adjust Maine Schedule 1S to include accrued market discount for treasury notes (which is treated as interest on US obligations and should not be subject to state taxes). Any suggestions?

heshamrashed42

Bsch4477

See if there’s an amount on line 13b of your 1040. You shouldn’t have to change the amount on your 1099.

SharonD007

Please clarify which state tax return that you are preparing so we may help you.

ashdt202525

I need to know why they haven't released my refund to my bank account. Turbotax says all they see on their end is a status of pending under Distribution status.

mesquitebean

@ cynthiapn When you go to Deductions, it may show the page titled as "Your Tax Breaks". If so, it may initially only show a few of your deduction categories you have used. So you may have to sc...

@ cynthiapn When you go to Deductions, it may show the page titled as "Your Tax Breaks". If so, it may initially only show a few of your deduction categories you have used. So you may have to scroll down on that tax breaks page and choose "Show more tax breaks" or "Additional tax breaks", or words to that effect. Then the page will expand, and there will be a full list of deduction categories. If you still have trouble, report back, and we can give you another navigation path to the estimated tax payments entry section.

Mike9241

under investments in the contracts and straddles category

TheMotorCity

Using TT Home & Bus 2025 desktop, I find that my Michigan return .pdf file is missing some federal schedules, which, as per MI's state 1040 filing instructions (see Table 3, pg 67) are required. For...

Using TT Home & Bus 2025 desktop, I find that my Michigan return .pdf file is missing some federal schedules, which, as per MI's state 1040 filing instructions (see Table 3, pg 67) are required. For my particular situation, I am required to file Fed & MI State tax hardcopy by mail return, so this matters to me. For my situation, TT does include within the "all forms required for filing" .pdf file: Sched "C", and Form 8829 (and an "Explanation" memo page for line #37), but does NOT include Sched "1" and Sched "3". Of course I easily resolved the issue by adding the missing items to my MI 1040 tax return deck, but it seems that Intuit / TurboTax could easily fix this issue. I vaguely recall that I had this similarly happen last year when using TT Premier desktop. Please fix the issue, or tell me what I'm doing wrong. Thanks.

DavidD66

No, you only need to report a Form 1095 if it is Form 1095-A. Form 1095-C is informational only. You don't need to report Medicaid coverage on your tax return.

MaxA1

To simplify things, answer no to the "did you live in a foreign country" question. Otherwise TurboTax is going to ask questions about foreign income. As long as the only income is the one from the ...

To simplify things, answer no to the "did you live in a foreign country" question. Otherwise TurboTax is going to ask questions about foreign income. As long as the only income is the one from the summer job in the US, there's no need to go through the foreign questions.

wesleygerber

xmasbaby0

To enter estimated tax paid in 2025 Go to Federal>Deductions and Credits>Estimates and Other Taxes Paid>Estimates

xmasbaby0

TurboTax accounts cannot be merged or deleted. Choose one to use and and keep a record of the "old" one just in case you ever need to look at information that is in it.

DavidD66

According to the TurboTax Help Article What do I do with Form 1099-A?: You may get Form 1099-A (Acquisition or Abandonment of Secured Property) if your lender foreclosed on your mortgage or r...

According to the TurboTax Help Article What do I do with Form 1099-A?: You may get Form 1099-A (Acquisition or Abandonment of Secured Property) if your lender foreclosed on your mortgage or repossessed property as a result of a defaulted loan. If your 1099-A is for personal property, like your personal residence or automobile, you don't need to report it. However, hang on to this form and keep it with your tax records. On the other hand, if you got a 1099-A for business or investment property (like a rental), we highly recommend that you consult a tax professional for further advice. If you want to enter a Form 1099-A in TurboTax, Go to: Federal Taxes Wages & Income Less Common Income 1099-A/1099-C. Or, you can Type "1099-A" in the search bar and select the "Jump to" link.

xmasbaby0

No. There is a federal educator expense deduction you can enter: Go to Federal>Deductions and Credits>Employment Expenses>Teacher (Educator) Expenses https://www.irs.gov/taxtopics/tc458 ...

No. There is a federal educator expense deduction you can enter: Go to Federal>Deductions and Credits>Employment Expenses>Teacher (Educator) Expenses https://www.irs.gov/taxtopics/tc458 https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-credits-deductions/educator-expense-deduction/L4ez9qGKu_US_en_US?uid=m5zq4nk2 And IL has some education credits for K-12.

xmasbaby0

No, there is no extra fee for 1A. That form is used on any version of the software you are using including Free Edition if you enter any of the things that go on 1A--like the senior deduction, new ...

No, there is no extra fee for 1A. That form is used on any version of the software you are using including Free Edition if you enter any of the things that go on 1A--like the senior deduction, new car interest, tips or overtime.

bill-busse

does Illinois have a teacher's expense tax credit?

DavidD66

In TurboTax Desktop, to get to Forms 8606: Switch to Forms mode by clicking on the Forms icon in the upper right of the screen. Click "Open Form" in the top left If your form does not...

In TurboTax Desktop, to get to Forms 8606: Switch to Forms mode by clicking on the Forms icon in the upper right of the screen. Click "Open Form" in the top left If your form does not have your prior year non-deductible contributions, then below line 1 you will see a box with "Traditional IRA Basis Smart Worksheet".   Click on the "QuickZoom" to enter the total traditional IRA basis for 2024 and earlier years.

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How to enter Qualified Charitable Deductions thereby reducing my MRD?

Need to amend 2023 return to add state and when I select "Amend Online" there is no response?

Maine State Taxes - Schedule 1S

Where do I enter a $35k truck cost to trigger Section 179/Bonus Depreciation? The Assets section says 'other than vehicles,' but my Vehicle line only shows mileage

Re: 1099-NEC

Re: Why do I not qualify for renters credit even though i meet all of the requirements with a crp

Cross River Bank apparently has my refund. Turbotax has already received their payment. It's apparently been with Cross River Bank since January 29th.

Re: The " Estimates and Other Taxes Paid" section is not in any of the tabs. Why? I can't enter the Estimated taxes I have paid.

Re: How do I report 1256 contracts in Turbotax? Specifically, these are options UVXY and VIX.

Michigan return .pdf file missing some required federal schedules.

Re: Do myself and my daughter born in 2025 need to claim a 1095 if we both had MHS insurance thro...

Re: Overseas college student do you click yes for "did you live in a foreign country?"

How do I report 1256 contracts in Turbotax? Specifically, these are options UVXY and VIX.

Re: The " Estimates and Other Taxes Paid" section is not in any of the tabs. Why? I can't enter the Estimated taxes I have paid.

Re: Can I delete an account if I have more then one

Re: I need to enter a 1099-A form on my taxes where do i go when filing

Re: why does TurboTax tell me Illinois does not have a teacher's tax credit for out-of-pocket expenses when other sources tell me it does?

Re: is there an extra charge by turbo tax to file the new 1A form?

why does TurboTax tell me Illinois does not have a teacher's tax credit for out-of-pocket expenses when other sources tell me it does?

Re: Turbo Tax Deluxe Desktop version not generating form 8606

Do you have a TurboTax Online account?

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