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If "Ready to Mail" is showing up as the status of your tax return, it hasn't been E-filed.   You will have to make another attempt to E-file it, or physically mail the return yourself. How do... See more...
If "Ready to Mail" is showing up as the status of your tax return, it hasn't been E-filed.   You will have to make another attempt to E-file it, or physically mail the return yourself. How do I file my return by mail?
I just found how to get the updates.  You click where it says "Turbotax" not ONLINE.  Do you even know what your software is showing to customers?  Do you care?  This is ridiculous.  
For your first W-2, you can report it normally. Make sure that all of the information entered matches the boxes exactly as shown.    If your boxes 18-20 (local wages, tax, and locality) on your W... See more...
For your first W-2, you can report it normally. Make sure that all of the information entered matches the boxes exactly as shown.    If your boxes 18-20 (local wages, tax, and locality) on your W-2 are blank, this generally means no local income taxes were withheld, which can happen if your employer is in a different taxing jurisdiction. You can check your final paystub to determine if local tax was actually withheld. If it was, you should contact your employer for a corrected W-2.   For the 2nd W-2, you should enter the specific local wage (Box 18) and local tax (Box 19) amounts for each locality listed on the itemized locality pages. Only enter the lines for the specific localities. Don't enter the page that is called Total.  This can cause you to overstate your taxes.   Please return to Community if you have any additional information or questions and we would be happy to help.  
If your account is saying "ready to mail" it means you did not e-file.   So----you either need to switch to e-filing or print, sign and mail your own return.  TurboTax will not mail it for you.   ... See more...
If your account is saying "ready to mail" it means you did not e-file.   So----you either need to switch to e-filing or print, sign and mail your own return.  TurboTax will not mail it for you.   In order to e-file you have to go all the way through the steps of the FILE section to a big orange button that says "Transmit my returns now" and click that button.   When you e-file your return you will get two emails from TurboTax.  The first one will say your return has been transmitted; the second one will tell you the IRS has accepted  or rejected your federal e-file.  If you filed a state return, there will be a third email (usually a day or two later) that tells you if the state e-file was accepted or rejected.   Check your e-file status:   https://turbotax.intuit.com/tax-tools/efile-status-lookup/  
As a self-employed tattoo artist, you should report your income from Venmo, Zelle, and Cash App on Schedule C (Form 1040). This form is used to report income or loss from a business you operated as a... See more...
As a self-employed tattoo artist, you should report your income from Venmo, Zelle, and Cash App on Schedule C (Form 1040). This form is used to report income or loss from a business you operated as a sole proprietor. You must report all income received for your services, regardless of payment method. Income reported on Form 1099-K from these payment apps also needs to be included on Schedule C. Schedule C lets you to deduct business expenses related to your tattoo work, and it feeds into your individual tax return (Form 1040).   For a self-employed tattoo artist, the best TurboTax product is TurboTax Do It Yourself Premium (formerly Self-Employed) or TurboTax Expert Assist Premium (formerly Self-Employed). These versions support Schedule C income and help you report income from payment apps like Venmo, Zelle, and Cash App.    
I am getting the transmission error.  It tells me to go to the online menu.  There is no such menu anywhere in this software.  But the "tax help for $60" button is easy to find.   Intuit has compl... See more...
I am getting the transmission error.  It tells me to go to the online menu.  There is no such menu anywhere in this software.  But the "tax help for $60" button is easy to find.   Intuit has completely lost me as a customer.  20+ years of using turbo tax and now I am done. ' You are required by law to offer a free e-file.  And all you can do is tell me to mail it.  Intuit is not a good company.  
As MaryK4 said, settlements (including a settlement from Facebook) is considered taxable income.   See this IRS article, which states that IRC Sec 61 considers settlements from any source includa... See more...
As MaryK4 said, settlements (including a settlement from Facebook) is considered taxable income.   See this IRS article, which states that IRC Sec 61 considers settlements from any source includable in gross income (i.e., taxable) unless there is a specific exception.
It is added to final cost in addition to state filing fee.
When will the corrections to form 5695 be available?
If you don't have the same screens as described here, contact us again. You should have four boxes after you select [Type it Myself] The most common selection is the top-right Financial instit... See more...
If you don't have the same screens as described here, contact us again. You should have four boxes after you select [Type it Myself] The most common selection is the top-right Financial institution or other provider. [Continue] Complete posting of the 1099-R from here.
Since you are unable to obtain a return of excess contribution from either the 403(b) or the 401(k) (because the funds are no longer there), the excess $6,500 elective deferral for 2025 is simply tax... See more...
Since you are unable to obtain a return of excess contribution from either the 403(b) or the 401(k) (because the funds are no longer there), the excess $6,500 elective deferral for 2025 is simply taxable on your 2025 tax return.  There is nothing else to do.  Despite the $6,500 being taxable, it did not become after-tax basis in either employer plan, so no after-tax basis got rolled over to the IRA.  There is nothing to report on Form 8606 regarding this.   The "penalty" for making an uncorrected excess deferral is double taxation.  This $6,500 will be taxed a second time when distributed as an ordinary distribution from the IRA.
What about filing 8843, do I also need to attach that along with other 2 files and would I need Schedule OI too
If the delete option is not available, it may be because the form is required based on your entries or linked to other forms. Review your entered data to ensure no required information is forcing the... See more...
If the delete option is not available, it may be because the form is required based on your entries or linked to other forms. Review your entered data to ensure no required information is forcing the form to stay. Adjust or remove related data if possible, then try again.   In TurboTax, to delete the PIT-DWK form for your New Mexico non-resident return, try these steps: 1. Open your return and go to the Forms Mode by selecting the Forms icon. 2. From the forms list or menu, locate the PIT-DWK form. 3. Select the Delete Form button or option for PIT-DWK. 4. Follow any on-screen instructions to complete the deletion.
My daughter lives with me and has 2 children with us 6 months of the year. The father of the children who has almost no income has signed form 8332 to allow her to claim the children on her taxes. Ho... See more...
My daughter lives with me and has 2 children with us 6 months of the year. The father of the children who has almost no income has signed form 8332 to allow her to claim the children on her taxes. However, since I provide way more than half of the household expenses, I have already filed as head of household and have claimed my daughter. Per Turbotax, my daughter cannot refile and claim her children. Can I refile and claim her children if I attach form 8332 to my taxes, since I claim my daughter?
There are many reasons your refund may be lower, and just because it was different than 2024 doesn't mean either year is incorrect.  As @xmasbaby0  mentions, a great place to start is the comparison.... See more...
There are many reasons your refund may be lower, and just because it was different than 2024 doesn't mean either year is incorrect.  As @xmasbaby0  mentions, a great place to start is the comparison.   What to compare first: Withholding vs. tax: Your total federal withholding may have dropped or your total tax increased. Check 1040 line 25 (withholding) vs. line 24 (total tax). Credits: Child Tax Credit, education credits, Premium Tax Credit, EV/home energy credits, if any credits reduced or where only in 2024, that would cause the difference. Deductions: A decrease in state and local tax, mortgage interest, charity, etc. can reduce deductions. Income items: 1099-INT/DIV, capital gains, RSUs, RMDs, unemployment, side-gig/rental, if there was an increase, this would increase tax and can phase out credits. Withholding changes: New jobs, bonuses, or W-4 updates often reduce withholding.
To enter estimated tax paid in 2025  Go to Federal>Deductions and Credits>Estimates and Other Taxes Paid>Estimates
  To @docgarner Thanks! Very nice! (and I didn't know "stockhistory() was a function... definitely will be using this going forward!)   If anyone wants to copy/paste this into their own spreadshee... See more...
  To @docgarner Thanks! Very nice! (and I didn't know "stockhistory() was a function... definitely will be using this going forward!)   If anyone wants to copy/paste this into their own spreadsheet... Asset Acquisition date Cost/share at Acq GPIE date GPIE Amount Price on GPIE date Shares sold GPIE Cost basis GLD 8/27/2005 311.4 9/10/2025 0.72 =STOCKHISTORY(A2,D2,D2,0,0,1) =E2/F2 =G2*C2 In etrade, I found the GPIE date and GPIE amount at the end of my 1099-B. The result of "GPIE Cost Basis" and the "Acquisition date"  could be put back into TT to calculate the gain/loss on the transaction.  Thanks again to @docgarner for spelling it out.
We cannot see your screen, your return or your account.  Have you entered ALL of your 2025 information?  All your income, etc.?  All deductions and credits?   There are a lot of variables that af... See more...
We cannot see your screen, your return or your account.  Have you entered ALL of your 2025 information?  All your income, etc.?  All deductions and credits?   There are a lot of variables that affect your refund or tax due including how much you earned, how much tax you had withheld, your filing status, the number of dependents you claim, your deductions and credits, etc.  You may have lost Earned Income Credit or the Child Tax Credit— did a child turn 17?  If you received the EIC last year, remember that changes in the amount you earn have a big effect on the amount of EIC you can get. (Sometimes earning more money means less EIC) Did you have any “side gigs” like rideshare driving or delivery driving—-with no tax withheld?   Are you 65 or older ?  If so, your standard deduction is higher. Everyone has a higher standard deduction now so it is harder to use itemized deductions.   And of course, always check your own data entries, looking for errors such as misplaced decimals or extra zeros.   https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-refund/refund-go-compared-last-year/L97JmhUbi_US_en_US?uid=ld9ijm41   Print out 2024  and 2025  and compare them side by side to see what is different.    https://turbotax.intuit.com/tax-tips/tax-payments/video-why-would-i-owe-federal-taxes/L3VXudPiN