All Posts
a month ago
1 Cheer
I created a return, entered undergrad and grad and sch Y is holding the values with no issue or error. There have been no zero entries. MA pulled over the federal tuition paid to ask for the breakup....
See more...
I created a return, entered undergrad and grad and sch Y is holding the values with no issue or error. There have been no zero entries. MA pulled over the federal tuition paid to ask for the breakup. The forms show the correct division on both the Sch Y and the Tuition Deduction Worksheet.
A full or corrupted cache can cause problems in TurboTax, sometimes you need to clear your cache (that is, remove these temporary files).
Online version:
Delete the form 1098-T, MA Sch Y and MA tuition deduction worksheet- see How to Delete
Log out of your return and try one or more of the following:
Don't use Internet Explorer.
Clear cache and cookies,
Sign in using a different browser.
Sign in using a different device.
Log back into your return.
Enter the information again*
Desktop version:
Delete the form 1098-T, MA Sch Y and MA tuition deduction worksheet-
Save your return while closing the program.
Update the program
Open
Enter the information again*
*If you attend an eligible institution and do not receive a 1098-T, follow these steps to enter your information:
Open to the deductions and credits section
Locate the Education section
Select the 1098-T
Select no, did you receive
Select yes, qualify for exception
Enter school information
Enter expenses
Open MA return
Continue through the screens
Look for Education Expenses
check the box, made college tuition payments, continue
Enter the undergrad portion
Enter the grad portion
Continue entering information as needed
a month ago
I have no amount from Line 4 of Form 6251.
Topics:
a month ago
can church tithing be claimed as charity donations?
Topics:
a month ago
You will need to call the New Jersey Department of Revenue at 1-800-323-4400 and also 609-292-6400 and inquire about your refund.
a month ago
NicolleR1, I appreciate the response. I just received a mail stating they need additional 60 days to work on the account. As I’ve no clue what information was compromised how they are using again...
See more...
NicolleR1, I appreciate the response. I just received a mail stating they need additional 60 days to work on the account. As I’ve no clue what information was compromised how they are using against me it’s kind of put me in a difficult position. adding to that TT saying they do not see any issues on the account even after they clearly confirmed it’s a identity theft and providing the case number. I have no idea who is working on what issue. And what exactly happening with the account information. I was able to recover the account; however, I noticed sign in activity was deleted and my profile information also got deleted like first name last name etc. I would appreciate if can provide any inputs on this matter.
a month ago
1 Cheer
1. Yes, the 179 deduction should have reduced the depreciable basis to zero for this year after taking it last year.
2. Changing the depreciation schedule of the furnace will not necessarily tr...
See more...
1. Yes, the 179 deduction should have reduced the depreciable basis to zero for this year after taking it last year.
2. Changing the depreciation schedule of the furnace will not necessarily trigger an audit. But if you do change the schedule you're expected to file form 3115 and notify the IRS of the change even if the change is a correction to what it should have been. Form 3115 requires the desktop version of TurboTax, which you have already said that you are using, and is added in forms mode.
@yosemite798
a month ago
My SS disability benefit is 0.00. Turbo Tax keeps requesting a number for this field in state return. Won't let me file without an amount. Please fix this problem.
a month ago
1 Cheer
Double check the face of the Form 1065; if the system has produced Form 1065-X, you will not be able to e-file. If you follow the File menu screens, it should direct you to print out your PDF for mai...
See more...
Double check the face of the Form 1065; if the system has produced Form 1065-X, you will not be able to e-file. If you follow the File menu screens, it should direct you to print out your PDF for mailing, which will include a cover letter with your filing instructions. The state PDF will likewise include the necessary addresses and mailing instructions.
Just for verification purposes, the instructions for Form 1065-X state, helpfully:
Where To File
Form 1065-X must be filed with the service center where the original return was filed.
Which means that the service center where the original return ought to have been mailed to, by referencing this list. You can double-check everything that comes out of your print package with that listing.
a month ago
Hello, Why are only lines 1b and 8b from federal schedule D being used for Wisconsin schedule WD. The other lines 2,3,9, and 10 from my federal schedule D have capital losses, but they did not tr...
See more...
Hello, Why are only lines 1b and 8b from federal schedule D being used for Wisconsin schedule WD. The other lines 2,3,9, and 10 from my federal schedule D have capital losses, but they did not transport into the Wisconsin schedule WD...why did this happen and is this correct? As a result of this, my capital carryover for Wisconsin is not the same and much smaller than Federal's.
a month ago
They just wanted to anger and frustrate customers - that's it. OSX 14 (Sonoma) minimum is required. A small line of programming code tells it to not work on Ventura and below. This is completely bonk...
See more...
They just wanted to anger and frustrate customers - that's it. OSX 14 (Sonoma) minimum is required. A small line of programming code tells it to not work on Ventura and below. This is completely bonkers!!
a month ago
I have a $500 foreign taxes paid item on a K-1 that Turbo Tax is not flowing through to a From 1116 or Schedule 3, so I am not getting the benefit of a $500 tax credit. I have tried overriding the f...
See more...
I have a $500 foreign taxes paid item on a K-1 that Turbo Tax is not flowing through to a From 1116 or Schedule 3, so I am not getting the benefit of a $500 tax credit. I have tried overriding the foreign taxes paid on Schedule 3 (I am filing married filing jointly, and total foreign taxes paid are less than $600), but TT will not permit the override. Any suggestions?
Topics:
a month ago
It was reported in the Misc Income section titled "other income not already reported on Form w-2 or 1099"
Topics:
a month ago
For the 2025 tax year, New Mexico implemented new limits on the deductions you previously used.
The state now has a cap on the "Additional Exemption for Persons 65 or Older." You can only clai...
See more...
For the 2025 tax year, New Mexico implemented new limits on the deductions you previously used.
The state now has a cap on the "Additional Exemption for Persons 65 or Older." You can only claim $3,000 per person if you paid unreimbursed and uncompensated medical care expenses of $28,000 or more during tax year 2025.
As far as capital gains, for general gains (stocks, etc.), the deduction is now capped at a flat $2,500. As an exception, you can only take a larger percentage deduction if the gain came specifically from the sale of a New Mexico-based business. If your gain isn't from a local NM business, the maximum you can enter is $2,500.
As non-residents, these exemptions are further reduced based on the percentage of your income that actually comes from New Mexico.
Here are the instructions for NM adjustments: 2025 PIT-ADJ Instructions and for non-resident allocations: 2025 PIT-B Instructions
a month ago
1 Cheer
@nickmarksthespot wrote: Is this correct? And, if this is the case, what mailing address do I use if I efiled with the IRS? Yes, you cannot e-file an amended partnership return with TurboTa...
See more...
@nickmarksthespot wrote: Is this correct? And, if this is the case, what mailing address do I use if I efiled with the IRS? Yes, you cannot e-file an amended partnership return with TurboTax Business if you e-filed your original return with TurboTax Business. You would mail the 1065-X to the address listed at the link below depending on your total assets: https://www.irs.gov/instructions/i1065#f11392v03 @nickmarksthespot wrote: Where do I mail amended K1's in Virginia if I efiled? Thank you so much in advance! See the top of the form at the link below. https://www.tax.virginia.gov/sites/default/files/taxforms/corporation-and-pass-through-entity-tax/2025/502-2025.pdf
a month ago
The complicated solution is to amend both returns and be put at the end of a long queue for processing. The easy solution seems to be to do nothing, and the IRS will send out paper checks after 6 wee...
See more...
The complicated solution is to amend both returns and be put at the end of a long queue for processing. The easy solution seems to be to do nothing, and the IRS will send out paper checks after 6 weeks: https://www.ctcresources.com/uploads/3/1/6/2/31622795/updates_re__refunds_via_paper_check_-_021826.pdf This wait is probably shorter than the processing time for an amended return.
a month ago
Absolutely RIDICULOUS that some genius decided to make it not work on anything below OSX 14. There is nothing 'technical' that would prevent full functionality. All of my macs are 13 (Ventura) and b...
See more...
Absolutely RIDICULOUS that some genius decided to make it not work on anything below OSX 14. There is nothing 'technical' that would prevent full functionality. All of my macs are 13 (Ventura) and below. This is just some silly corporate move to anger and frustrate the customer base. What else is new?!
a month ago
I don't know of any generic issues with the South Carolina return. If you could clarify specifically what they are requesting from you we may be able to help you better.
a month ago
my taxes still say pending status and it’s been three days. is this normal? When is it going to say accepted or rejected?
Topics:
a month ago
Look at Schedule 3 line 1.