All Posts

The federal tax refund can never be used to pay state taxes owed.  You are just seeing a math issue on the TurboTax website trying to show the total money you will be receiving.  It in no way indicates the state taxes will be paid from the federal refund.

Are you using the Desktop Premier program or the Online version?   For Desktop program go up to File-New   You can start another return in TurboTax Online by: Logging out if you are in your account Choose what TurboTax Online product you want to use for the second return https://turbotax.intuit.com/personal-taxes/compare/online Create your account screen Set up a new login for the second return Start working on the new return  

@BTHOM , thank you for your response.  You are correct in your understanding of my note .  Please also consider familiarizing yourself with the tax treaty  between US and Jamaica esp. article 21.  See here --> JAMAICAWEB.PDF Just adding to your knowledge bank. You should consider preparing your form 1040-NR by using SprinTax  or your school's foreign students office  ( in my days back in the 1965-1970 that used to be the gateway ) or similar.  Note that you have to print, date, sign etc. and send to IRS by mail --- to the processing center for 1040-NR applicable to your state/area -- see www.irs.gov Is there more I can do for you ?  

If you made Roth contributions because of income limitations, those will get flagged as "excess contributions"   You can make traditional IRA contributions regardless of income, however, some or all of the traditional IRA contribution may not be deductible on your tax return.  If that is the case, this is where a Backdoor Roth conversion can come into play to convert the traditional IRA contribution to a Roth contribution.  If your traditional IRA contribution was fully non-deductible, a complete conversion to a Roth using the Backdoor Roth conversion will not change your taxable income or tax liability.   Following is a help article from TurboTax on how to report a Backdoor Roth in TurboTax.

Federal and state refunds come from completely separate entities,  There is no rule as to which one will come first or how much time there will be between their arrivals.  Some states process returns quickly and some are very slow.   STATE RETURN Make sure your state return was accepted:  https://turbotax.intuit.com/tax-tools/efile-status-lookup/   To track your state refund:       ttps://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-refund/track-state-refund/L3jgO8PGs_US_en_US?uid=lt447ebr https://ttlc.intuit.com/turbotax-support/en-us/help-article/state-taxes/contact-state-department-revenue/L9qVToi02_US_en_US?uid=m6e06um0  

There is no required backup paperwork in order to take depletion on oil royalties.  Using the percentage depletion method oil royalties automatically take a 15% deduction.  Here is the IRS guidance on depletion.

Give it at least a day or two after being accepted by the IRS and then you can see some information on the IRS site. FROM THE IRS WHERE’S MY REFUND SITE: https://www.irs.gov/wheres-my-refund How it works Where's My Refund shows your refund status: Return Received – We received your return and are processing it. Refund Approved – We approved your refund and are preparing to issue it by the date shown. Refund Sent – We sent the refund to your bank or to you in the mail. It may take 5 days for it to show in your bank account or several weeks for your check to arrive in the mail.