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I e-file the federal return and need to mail in my NJ state return.  However when I go to the print menu and select return for filing a selected NJ, it just prints out 119 pages including federal. Ho... See more...
I e-file the federal return and need to mail in my NJ state return.  However when I go to the print menu and select return for filing a selected NJ, it just prints out 119 pages including federal. How do I print out only the NJ state for filing.  In the past, I have been able to select state only, it looks like the filter is broken.
After I could finally access Ronbinhood import through Turbotax, it keeps giving me the unsucessful import meesage. I tried everyrhing they recommended and still nothing. They even sent me an email w... See more...
After I could finally access Ronbinhood import through Turbotax, it keeps giving me the unsucessful import meesage. I tried everyrhing they recommended and still nothing. They even sent me an email with links to help, but all the links said unavailable when tapped. Why is this happening and is it going to be fixed anytime soon? Finally, why is it telljng me to manually imput the 1099 info? Isn't the reason so many people pay for this program is to have the ease if importing it? 
it seems TT is good at comparing rental income entry for this year and automagically pulling in loss from 2024 return, but at final recheck of return, stops with error that it "must be entered".   Pr... See more...
it seems TT is good at comparing rental income entry for this year and automagically pulling in loss from 2024 return, but at final recheck of return, stops with error that it "must be entered".   Provides a blank for it, along with scrollable view of Schedule E worksheet.  What doesn't help: 1. if I enter the op loss amount (same it already captured and shows in summary of rental in the income section as "miscellaneous expense") it says "cannot be greater than zero."   So if I enter 0, it just repeats the error that it must be entered. 2. if I go back to rental income section and attempt to trashcan that miscellaneous expense item, it appears to work, but next time summary is shown, it is still there as before. 3. if, instead of trashcanning misc expense, I edit the expense, and there either a) delete the expense item itself and save, or b) change the expense item to 0,   the next time summary is shown, it is still there as before.   I think TT has a bug????
First, the hospital clearly knows what a 1099-MISC is, you are calling the wrong department.   Second, it is likely that the payment was for something like participating in a clinical trial, rese... See more...
First, the hospital clearly knows what a 1099-MISC is, you are calling the wrong department.   Second, it is likely that the payment was for something like participating in a clinical trial, research, or some type of donation.  Did you get paid for donating anything (blood, eggs, other bodily fluids), even if it was not obviously sponsored by Mass Gen?   Third, if you never did anything like that, it is possible that you are a victim of identity theft -- someone else used your name and SSN for something at Mass Gen.  Mass Gen should be able to give you some basic information if you can get to the right office.  There are a number of other steps you may want to take to protect your identity, SSN, bank and credit information, and so on. https://www.identitytheft.gov/   Then lastly, if you are 100% sure that this does not represent a payment you received, there are two ways to handle it. 1. Enter on your tax return, then enter an item of "other income" in the same amount with a minus sign to offset the income and give a brief explanation like "1099 issued by mistake due to identity theft".  2. File by mail instead of e-filing.  Leave the 1099 off your return, but attach a copy and a written explanation to the tax return. 
Since the 1099-MISC is only for $630,000 I believe you would be fine just reporting that.  That will agree with IRS records.  If you want to report the entire $900,000 what you described is correct, ... See more...
Since the 1099-MISC is only for $630,000 I believe you would be fine just reporting that.  That will agree with IRS records.  If you want to report the entire $900,000 what you described is correct, although it has significant amounts not reported to the IRS that could draw attention.  Two ways of getting to the same result.    
Is this on your state tax return? For most states, that question has a Yes or No option, so you can answer No and opt out of being contacted about health insurance information.
So I'm expected to do my own seperate k-1? What about the rest of the numbers?  I don't know which codes go to which income/k-1. The reason I was using Turbo tax is because it was supposed to put the... See more...
So I'm expected to do my own seperate k-1? What about the rest of the numbers?  I don't know which codes go to which income/k-1. The reason I was using Turbo tax is because it was supposed to put the numbers in their right location after I complete the interview.  It shouldn't be on me to figure out.  Have you seen how much their program costs these days?  You can't imagine how disappointed I am with TT. I even googled the issue and here is the answer.  Yes, TurboTax users have reported several, often recurring, issues with Schedule K-1 forms, particularly regarding blank pages when printing, calculation errors, and data not transferring correctly, according to TurboTax Support discussions. These problems are frequently found in the Business/Desktop software and often require manual workarounds, such as updating to the latest version or using different PDF
As long as you meet the qualifications for 1040-SR it is automatically applied to your tax return. Form 1040-SR (U.S. Tax Return for Seniors) is simply a larger-print version of Form 1040 for taxpaye... See more...
As long as you meet the qualifications for 1040-SR it is automatically applied to your tax return. Form 1040-SR (U.S. Tax Return for Seniors) is simply a larger-print version of Form 1040 for taxpayers age 65 or older. The same lines, schedules, and calculations are used.     
Why did you receive the form?  Which box on the form shows income?
The work on this section of TurboTax is continuing and expected to be completed with an update coming after Thursday night (2/19).  The best time to check for a change will be Friday (2/20).
It depends. If you never lived in the house as your home, if it is not a second home you used, your inheritance is received as investment property.  An inherited house is considered investment proper... See more...
It depends. If you never lived in the house as your home, if it is not a second home you used, your inheritance is received as investment property.  An inherited house is considered investment property and you can deduct the loss on the inherited property, but only if there was no personal use after your mother passed away - it was simply held between inheritance and sale.   Inherited Property (IRS Pub 550): If you sell or dispose of inherited property that is a capital asset, the gain or loss is considered long term, regardless of how long you held the property. For more information on inherited property, see Pub. 559.   @user17714277326 
AFFILIATE DISCOUNT https://ttlc.intuit.com/turbotax-support/en-us/help-article/intuit-account-billing/get-turbotax-affiliate-partner-discount/L4ViVaZOr_US_en_US?uid=m5xwx28k
In the IRA contribution section, there are many screens asking you about the IRA contribution for both you and your spouse, paying particular attention to the name indicated on each screen.  Go back ... See more...
In the IRA contribution section, there are many screens asking you about the IRA contribution for both you and your spouse, paying particular attention to the name indicated on each screen.  Go back and review all of your answers.   I just entered IRA contributions for me and my spouse with no issues.   To enter, edit or delete an IRA contribution - Click on Federal Taxes (Personal using Home and Business) Click on Deductions and Credits Click on I'll choose what I work on (if shown) Scroll down to Retirement and Investments On Traditional and Roth IRA Contributions, click the start or update button
Gifts given to family members, friends or other individuals are not deductible.   Gifts received are not taxable to the person who received the gift, and are not entered on a tax return.   If you... See more...
Gifts given to family members, friends or other individuals are not deductible.   Gifts received are not taxable to the person who received the gift, and are not entered on a tax return.   If your gift exceeds the yearly limit ($19,000 per individual)  imposed by the gift tax rules, then you will need to complete a Form 709 gift tax form and send it to the IRS, although it is very unlikely that you will owe any tax.   TurboTax does not support Form 709.  It is not an income tax form and would not be included as part of an income tax return.   Here is a link to the form: https://www.irs.gov/pub/irs-pdf/f709.pdf   https://turbotax.intuit.com/tax-tips/estates/the-gift-tax-made-simple/L5tGWVC8N     Here's a link for Form 709 preparation software:  https://www.puritas-springs.com/product-category/federal   Here are some useful videos on the Form:   https://www.youtube.com/watch?v=a5wJow5h-No   https://www.youtube.com/watch?v=5Z_28sVOrTY  
8915-F was supposed to be updated today, I was allowed to enter in more information, however it is unable to file claiming " Form8915F5-S isn't available". State - Ready to file  Federal - Inform... See more...
8915-F was supposed to be updated today, I was allowed to enter in more information, however it is unable to file claiming " Form8915F5-S isn't available". State - Ready to file  Federal - Information saved.  "Some of your forms aren't ready for review"  In one section, it claims the IRS hasn't finialized the form... well that's not true cause they finialized it in December 2025.  Turbo Tax availability tool is still gray for 2-18-2026, any idea when this will be updated?
I received a 1099-misc form from mass general hospital.  I called them, spoke to 2 different people and they don't understand what a tax form for income is.  What do I do?
Hi James,   Thank you for responding. See a few questions in the below while reviewing   In summary, when entering a 1099‑K for a profit, the question “Enter the total proceeds for items sold at ... See more...
Hi James,   Thank you for responding. See a few questions in the below while reviewing   In summary, when entering a 1099‑K for a profit, the question “Enter the total proceeds for items sold at a loss” should be left blank. Click Continue, then go to: Investment Income → Stocks, Crypto, Mutual Funds, Bonds, Other → Personal Items   From there, enter the remaining details. TurboTax will correctly report the gain, generate Schedule D, and NOT populate the line that reads, “For 2025, enter the amount reported to you on Form 1099‑K that was included for personal items sold at a loss.” That seems appropriate since the transaction resulted in a gain rather than a loss, but I’d appreciate confirmation that this is the intended behavior.   Given this workflow, should TurboTax consider improving the wording on the “sold at a loss or had no gain” section? Perhaps adding guidance such as “If you had a gain, leave this blank,” or even including a third radio button for users who had a gain. In my modest opinion, TurboTax may assume most personal item sales result in a loss, which could explain why the current language only addresses losses and not profits.   Possibly something to consider for future versions. I’d be interested in your thoughts.
The work on this section of TurboTax is continuing and expected to be completed with an update coming after Thursday night (2/19).  The best time to check for a change will be Friday (2/20).