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a month ago
If the account information is correct, then your IRS deposits could be getting rejected due to a name mismatch. The name on the account must match the name on the return. It could also be that your...
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If the account information is correct, then your IRS deposits could be getting rejected due to a name mismatch. The name on the account must match the name on the return. It could also be that your bank is rejecting your direct deposit. You could try contacting your bank to see if there are any issues with your account that may be causing the rejection. You could also use a different bank account on your next tax return.
Direct Deposit Refunds and Refund Offsets
Understanding your CP53 notice
a month ago
You appear to be using Online TurboTax. You can go through the section "W-4 and Estimated Taxes" to figure your customized 1040-ES quarterly tax payments for 2026. If you have already filed, then...
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You appear to be using Online TurboTax. You can go through the section "W-4 and Estimated Taxes" to figure your customized 1040-ES quarterly tax payments for 2026. If you have already filed, then you'll need to open your return interview back up. The steps below tell you how. If you haven't yet filed, you won't need to do the first 3 steps. If you have already filed, do NOT make any changes in your return. If you ever have to amend the return, it has to start off exactly as originally filed. Log in, and if you've already filed, then here's how to open your return interview back up: At the Tax Home or in the section "Your Tax Returns & Documents" for tax year 2025, look for a link "Add a State." Click on "Add a State." (you don't really add one; that's just to get the return to open back up.) Once the return is open, click in the left menu column on Federal. Then choose tab "Other Tax Situations". You may then see a screen "Your uncommon Tax Situations" Scroll way down to the last category "Other Tax Forms" and expand that section. Find topic "Form W-4 and Estimated Taxes" and click Start or Revisit.
a month ago
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a month ago
Will this help? When you click in the left column tab for Deductions & Credits, it may take you to a page called "Your Tax Breaks. Lower on that same screen should be a button or link for "Add more ...
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Will this help? When you click in the left column tab for Deductions & Credits, it may take you to a page called "Your Tax Breaks. Lower on that same screen should be a button or link for "Add more tax breaks" or "Show more tax breaks" or similar wording. When clicked, then the screen should expand, and all the deduction topics are displayed including "Estimates and Other Taxes Paid." Then that topic can be expanded further to get the subtopic Estimated Tax Payments.
a month ago
See How do I contact TurboTax?
a month ago
Whether you have to file a tax return for the city in which a casino that you won at depends on your facts and circumstances. Such as; What state you live in; what city you won in, what state that is...
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Whether you have to file a tax return for the city in which a casino that you won at depends on your facts and circumstances. Such as; What state you live in; what city you won in, what state that is in, and how much you won. We can answer generally but would need to know more details to give a more specific answer. You can come back and provide more specific information if you like. States have different rules for taxing gambling winnings. If the city that you won money in is in a different state, you will likely have to file a non-resident tax return for that state the casino is located in, if that state has an income tax. The state where you won the money taxes money earned within its state (if it has a state income tax). You may get a credit on your home state tax return to avoid double taxation, depending on your state's rules. See How do I file a nonresident state tax return? If you win in a city that imposes a local income tax on residents or nonresidents (like Philadelphia or Detroit), you may need to file a municipal tax return to report that income, even if you don't live there. It would depend on the city's rules for taxation. You can contact the city's Department of Finance to find this out. All gambling winnings are considered taxable income for federal purposes, regardless of the amount you won or whether you received a Form W-2G or other tax document from the casino you won at. You will report your gambling winnings in TurboTax in the Income section under Less Common Income and then Prizes, Awards and Gambling winnings. This will flow to your state tax return. If you received a Form W2-G for your winnings, you can use this as a guide for entering it. How do I enter a W-2G? If you need to file a Nonresident State tax return, you should prepare it first before preparing your own resident state tax return. This way, TurboTax can properly calculate the tax credit your home state may have for taxes paid in other states. This prevents any double taxation. For additional information, please see: Everything You Need to Know About Filing Taxes on Winnings How to Pay Taxes on Gambling Winnings and Losses Can I deduct my gambling losses? Multiple States—Where to File Please return to Community if you have any additional information or questions and we would be happy to help.
a month ago
To report nominee interest or dividends in TurboTax:
In TurboTax, navigate to Wages & Income >> Investment Income and enter the 1099-INT or 1099-DIV exactly as reported.
After you enter t...
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To report nominee interest or dividends in TurboTax:
In TurboTax, navigate to Wages & Income >> Investment Income and enter the 1099-INT or 1099-DIV exactly as reported.
After you enter the details, you will see a screen: "Tell us if any of these uncommon situations apply to you".
Select the option that says "I received all or part of this interest/dividend for someone else (I am a nominee)".
Enter the portion of the income that belongs to the other person (the nominee amount) on the following screen.
TurboTax will use this information to report the full amount and subtract the nominee amount on Schedule B
Important Nominee Requirements
Form 1099 - You must file a Form 1099-INT or 1099-DIV with the IRS, along with Form 1096, to report the income you passed through to the actual owner.
You must provide a copy of the Form 1099 to the person who the income belonged to.
a month ago
This business sale does not include any buildings, and nothing has been depreciated as far as build-out of the rental or inventory. Section 1245 and 1250 wouldn't apply, would they? Why is Turbo...
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This business sale does not include any buildings, and nothing has been depreciated as far as build-out of the rental or inventory. Section 1245 and 1250 wouldn't apply, would they? Why is TurboTax inputting the entire sale instead of the installment? (see my previous comments)
a month ago
Thank you, @DavidD66. It would be difficult going through 9 years of Walgreens stock to find the lowest price. I will give it a try. If not, there is always $0.00 for cost basis. Actually, since ...
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Thank you, @DavidD66. It would be difficult going through 9 years of Walgreens stock to find the lowest price. I will give it a try. If not, there is always $0.00 for cost basis. Actually, since my sister did not purchase the stock and it was given to her, shouldn't the cost basis be $0.00? Thanks again, Tulane
a month ago
1 Cheer
There is no option to enter my paid estimated taxes under "Deductions and Credits"
a month ago
You can get a copy of your Social Security 1099 (SSA-1099) form instantly by logging into your personal my Social Security account on the Social Security Administration website. The form is available...
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You can get a copy of your Social Security 1099 (SSA-1099) form instantly by logging into your personal my Social Security account on the Social Security Administration website. The form is available online starting February 1st each year, allowing you to view, print, or download it. See Get tax form (1099/1042S).
a month ago
See https://www.ssa.gov/faqs/en/questions/KA-01723.html
a month ago
I would like to know how to get out of intuit and back into turbo tax?
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a month ago
You should file an amended return and enter the new 1095-A information to make sure your refund was correct. You may be able to get more refund. If you owe money, you will want to repay it before t...
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You should file an amended return and enter the new 1095-A information to make sure your refund was correct. You may be able to get more refund. If you owe money, you will want to repay it before the IRS finds the error- you may have to pay penalty and interest in addition to any tax. You also may find that there is no change, but it is best to be sure. See How to File an Amended Tax Return with the IRS - TurboTax
a month ago
Hi - My wife and I are currently DC residents (we have been for the past 5 years) and per TT's recommendation, we are MFS. I believe we have filed MFS the past few years as well, per TT's recomm...
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Hi - My wife and I are currently DC residents (we have been for the past 5 years) and per TT's recommendation, we are MFS. I believe we have filed MFS the past few years as well, per TT's recommendation. I'm currently on the screen where I've been asked to allocate the DC deductions to either myself or my wife. However, I'm not sure what I should do here. TT has prepopulated the fields - is it OK to keep it as is? I'm not really sure where these figures come from
a month ago
There is no senior discount on the price of TurboTax. Are you looking for the deduction for seniors on your federal tax return?
You don't have to enter anything to get the deduction for seniors...
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There is no senior discount on the price of TurboTax. Are you looking for the deduction for seniors on your federal tax return?
You don't have to enter anything to get the deduction for seniors. TurboTax will give it to you automatically based on the birth date that you entered in your personal information, and your income.
The deduction for seniors is calculated in Part V of Schedule 1-A. The amount of the deduction will be on Schedule 1-A line 37. The total deductions from Schedule 1-A will be on Form 1040 line 13b, which might include other deductions besides the deduction for seniors.
a month ago
We don't have our SSA-1099 to include SS check income. Where do we get it?
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a month ago
Thank you!
a month ago
This is for TurboTax 2025 Online.
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