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March 8, 2026
1:11 PM
See this for contacting a tax expert - https://ttlc.intuit.com/turbotax-support/en-us/help-article/product-setup/connect-tax-expert-turbotax-live/L73wOZD5D_US_en_US
March 8, 2026
1:11 PM
Yes, you can still claim your child as a dependent. For a qualifying child, the IRS doesn't set an income limit; the test is whether the child provided more than half of their own support. If your ch...
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Yes, you can still claim your child as a dependent. For a qualifying child, the IRS doesn't set an income limit; the test is whether the child provided more than half of their own support. If your child lived with you more than half the year and you paid for most of their housing, food, and other expenses, you generally meet the requirements.
Publication 501 (2025), Dependents, Standard Deduction, and Filing Information
March 8, 2026
1:10 PM
A Form 5498 is an informational form only and does not get reported on a tax return.
March 8, 2026
1:10 PM
I was looking forward to doing my taxes today.
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March 8, 2026
1:09 PM
try going directly to the the for IN-122 and typing the span number into the box on line A1.
March 8, 2026
1:08 PM
If the child is under the age of 19 or under the age of 24 and a full time student, then you may be able to claim them as a dependent under the Qualifying Child rules.
To be a Qualifying Child ...
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If the child is under the age of 19 or under the age of 24 and a full time student, then you may be able to claim them as a dependent under the Qualifying Child rules.
To be a Qualifying Child -
1. The child must be your son, daughter, stepchild, foster child, brother, sister, half brother, half sister, stepbrother, stepsister, or a descendant of any of them. 2. The child must be (a) under age 19 at the end of the year, (b) under age 24 at the end of the year and a full-time student or (c) any age and permanently and totally disabled. 3. The child must have lived with you for more than half of the year. Temporary absences while away at college are considered living with you. 4. The child must not have provided more than half of his or her own support for the year. 5. If the child meets the rules to be a qualifying child of more than one person, you must be the person entitled to claim the child as a qualifying child. 6. The child must be a U.S. citizen or U.S., Canada or Mexico resident for some portion of the year. 7. The child must be younger than you unless disabled.
March 8, 2026
1:08 PM
You should require that all contractors provide evidence of the work they perform and the number of hours they spend working on your rental property. Most professionals in the rental industry underst...
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You should require that all contractors provide evidence of the work they perform and the number of hours they spend working on your rental property. Most professionals in the rental industry understand this requirement and should have processes in place to provide the documentation you need.
For your personal hours, keep a record of all the following:
advertising to rent or lease the real estate;
negotiating and executing leases;
verifying information contained in prospective tenant applications;
collection of rent;
daily operation, maintenance, and repair of the property, including the purchase of materials and supplies;
management of the real estate; and
supervision of employees and independent contractors.
March 8, 2026
1:07 PM
Yes, in general, TurboTax should properly apply your Original Issue Discount (OID) information to your state tax return. However, when your original issue discount OID involves U.S. Treasury obligati...
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Yes, in general, TurboTax should properly apply your Original Issue Discount (OID) information to your state tax return. However, when your original issue discount OID involves U.S. Treasury obligations, which are usually exempt from state tax, they can be imported incorrectly as taxable income to your state.
You should review your state section in TurboTax to make sure that you do not have to make any specific adjustments for tax-exempt OID or state-specific bond adjustments.
Depending on what state you are in, you can go to your State Taxes section, and continue through the TurboTax interview, to find the screens labeled "Adjustments to Income," "Changes to Federal Income" or "Interest Income from U.S. Government Obligations" to subtract the tax-exempt amount to adjust your income for state tax purposes.
Click here for Where do I enter Form 1099-OID?
Click here for What is Form 1099-OID?
Please return to Community if you have any additional information or questions and we would be happy to help.
March 8, 2026
1:07 PM
1 Cheer
To download states from TurboTax desktop:
Select Online from the menu bar (in the top right), then Download State.
In the pop-up window, select your state and then choose Next.
Follow the ...
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To download states from TurboTax desktop:
Select Online from the menu bar (in the top right), then Download State.
In the pop-up window, select your state and then choose Next.
Follow the on-screen instructions to complete the installation.
I wouldn't be able to answer your question about discounts, but you can search TurboTax Support here.
March 8, 2026
1:06 PM
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March 8, 2026
1:06 PM
You could also elect to be a Qualified Joint Venture which is limited to married couples participating in the business. That would allow you to file on Schedule Cs with your personal returns.
March 8, 2026
1:06 PM
There is not an exclusion for the 10% early distribution penalty when the distribution is from a 401(k) account.
That exclusion is only available if the withdrawal was from an IRA account for a fir...
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There is not an exclusion for the 10% early distribution penalty when the distribution is from a 401(k) account.
That exclusion is only available if the withdrawal was from an IRA account for a first time home purchase.
March 8, 2026
1:05 PM
Awaiting a reply from Turbo Tax on when the program will be updated to fix the SC add back error for OBBBA adjustments. Thank you,
March 8, 2026
1:04 PM
If you are filing a MA tax return by mail, you are required to include copies of all tax forms, according to the instructions in their website:
"Enclose with your Form 1 Schedule 62-WH and all ...
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If you are filing a MA tax return by mail, you are required to include copies of all tax forms, according to the instructions in their website:
"Enclose with your Form 1 Schedule 62-WH and all state copies of your Forms W-2, 1099, PWH-WA, W-2G, 2G, NRW and Schedule K-1s which included Mas sachusetts withholding, failure to do so may delay the processing of your return. Go to mass.gov/masstaxconnect for online payment options. If you need to mail your payment, make your check or money order payable to Commonwealth of Massachusetts and be sure to sign the check and write your Social Security number on it."
March 8, 2026
1:04 PM
The program asks about it because there are some people that received the payment in 2025. If that was not your case, and you already reported it in a previous year, then you can disregard the quest...
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The program asks about it because there are some people that received the payment in 2025. If that was not your case, and you already reported it in a previous year, then you can disregard the question. @mosch362
March 8, 2026
1:03 PM
Thank you for your response. I do not see an Asset Entry Worksheet in my 2025 desktop version of TT Home & Business. I do see Form 4562. Is this the same as Asset Entry Worksheet? When I reviewed...
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Thank you for your response. I do not see an Asset Entry Worksheet in my 2025 desktop version of TT Home & Business. I do see Form 4562. Is this the same as Asset Entry Worksheet? When I reviewed the Tax History in TT Form, I only see 2025 data but not prior years. I have been using TT since 2021 but none of the prior year's tax history shows up. Why is that? I really need to confirm my 2025 depreciation expenses for Sch C. Thanks for your help. Dchiang8
March 8, 2026
1:02 PM
Both TurboTax and the IRS track your tax return. However, TurboTax gets it's information from the IRS.
To check your tax refund status in TurboTax,
Sign in to your account and
Go to ...
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Both TurboTax and the IRS track your tax return. However, TurboTax gets it's information from the IRS.
To check your tax refund status in TurboTax,
Sign in to your account and
Go to the "Tax Home" or "Order Details" screen
It will tell you if your return was accepted.
If you want to know the status of your tax return, you should use the
IRS Where's My Refund website.
You'll need
Your Social Security or individual taxpayer ID number (ITIN)
Your filing status
The exact refund amount on your return
March 8, 2026
1:02 PM
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March 8, 2026
1:02 PM
I received a 1099-DIV for capital gains on an investment fund. When filing a 1099-DIV I am asked for the numbers on line 1a Total Ordinary Dividends and 1b Qualified Dividends. The 1099-DIV I receive...
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I received a 1099-DIV for capital gains on an investment fund. When filing a 1099-DIV I am asked for the numbers on line 1a Total Ordinary Dividends and 1b Qualified Dividends. The 1099-DIV I received does not have either of these line numbers or descriptions. The only info on the 1099-DIV I received is 2a Total Capital Gain Distr and 2b Unrecap Sec 1250 gain. What am I missing here? Thanks
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