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The part of proceeds from disability payments that is taxable would be the portion that was paid by an employer.  The portion of the insurance that was paid by the employee would be the non-taxable p... See more...
The part of proceeds from disability payments that is taxable would be the portion that was paid by an employer.  The portion of the insurance that was paid by the employee would be the non-taxable portion.  In your case 3/4 of the proceeds from long term disability would be taxable.   I've not found any clear guidance on attorney fee deductions.  Schedule 1 line 24h mentions attorney fees as an adjustment to income as follows (IRS Form 1040 Instructions, page 100):   "Line 24h Enter attorney fees and court costs for actions involving certain unlawful discrimination claims, but only to the extent of gross income from such actions"   I can't advise that this particular adjustment to income would apply in your case.      
I followed your notes and entered it on my federal and all is ok. But it did carry over as income to my NY State Taxes. So now I just have to figure out how to subtract it from the state income. 
You include tolls and parking charges in Car and Truck expenses on Schedule C.   You can claim tolls and parking charges even if you elect to claim the standard mileage rate.
Using the TurboTax online editions your information is saved as it is entered.   Click on Sign off at the bottom left of the online program screen.
The software does have a different look and feel in some respects. My advice is to calculate the amount of mortgage interest that applies to the rental and the home separately and manually. Next ente... See more...
The software does have a different look and feel in some respects. My advice is to calculate the amount of mortgage interest that applies to the rental and the home separately and manually. Next enter them each separately without selecting that TurboTax do the calculations for you. In the rental section select mortgage interest from the list or use miscellaneous expenses and label it there and do the same for property taxes.   On your itemized deductions enter percentage that applies to only your home portion of the property for the mortgage interest and property taxes.
If TurboTax is not letting you continue, you can try the following: Go out of your program and go back in. Clear your cache and cookies. Try a different Web Browser. If you are using TurboTax... See more...
If TurboTax is not letting you continue, you can try the following: Go out of your program and go back in. Clear your cache and cookies. Try a different Web Browser. If you are using TurboTax Desktop make sure all updates have been run on your program. You can do this by clicking on "Online" in the black bar across the top of your TurboTax screen. And then select "Check for Updates". If you have any additional questions or information regarding this please return to TurboTax Community and we would be glad to help.
Yes, this worked for me. THANK YOU! (Annoying that TurboTax doesn't give desktop users the same simple functionality to indicate "Various" through the interview, requiring this tortuous--and torturou... See more...
Yes, this worked for me. THANK YOU! (Annoying that TurboTax doesn't give desktop users the same simple functionality to indicate "Various" through the interview, requiring this tortuous--and torturous!--workaround.)   I'd like to add that on the same form where I entered "various" in the appropriate box, I also had to select the appropriate item in the drop-down menu for "8949 Box," which for me was Box L (for long-term digital asset transactions not reported to you on Form 1099-DA or Form 1099-B) in order to be sure my gain/loss was treated correctly. 
To enter an IRS form K-1 into TurboTax Online Premium, follow these steps.    Down the left side of the screen, click on Federal. Down the left side of the screen, click on Wages & Income. ... See more...
To enter an IRS form K-1 into TurboTax Online Premium, follow these steps.    Down the left side of the screen, click on Federal. Down the left side of the screen, click on Wages & Income. Under Wages and income, scroll down to S-corps, Partnerships and Trusts and click to the right. Click Start / Revisit or Edit / Add to the right of Schedule K-1 or Business partner income statement. At the screen Tell Us About Your Schedules K-1, click to the right of the Schedule K-1 that you want to enter. Enter the K-1 information as requested.
Your return was rejected because another tax return with your SS number was received by the IRS and accepted.  You cannot e-file your tax return unless you get a 6 digit Identity Protection PIN from ... See more...
Your return was rejected because another tax return with your SS number was received by the IRS and accepted.  You cannot e-file your tax return unless you get a 6 digit Identity Protection PIN from the IRS.  Otherwise you will have to print and mail your tax return. You may want to change your dependency on your tax return before filing.  If you do not -   After the return is filed the IRS will investigate whey two tax returns were filed with your Social Security number with being a dependent on one and not a dependent on the other.  The loser of the investigation must pay back any tax refund based on the erroneous information entered on their tax return plus penalties and interest.   Go to this IRS website for an IP PIN - https://www.irs.gov/identity-theft-fraud-scams/get-an-identity-protection-pin
If you filed with TurboTax, to get back to your 2024 return, you can try our self-serve account recovery process. If you didn't file with TurboTax and you have a copy of your return, you can find you... See more...
If you filed with TurboTax, to get back to your 2024 return, you can try our self-serve account recovery process. If you didn't file with TurboTax and you have a copy of your return, you can find your AGI on Form 1040 on Line 11. You can also order a free digital transcript of your return from the IRS. You can view your online transcript immediately, while a mailed transcript takes 5–10 days to receive.   Once you get your last year's AGI, to enter it on the return:   Open your return Select the File tab Continue until you reach the screen that says To continue, select options below Enter your corrected AGI in Enter last year's AGI here Select Continue and follow the screens until you've re-transmitted your return Request to access your TurboTax Account How do I find last year's AGI?
Thank you @LindaS5247  - In addition to the energy audit I had a qualified battery storage (actually) installed and within this one workflow its just very confusing which answers belong to which ques... See more...
Thank you @LindaS5247  - In addition to the energy audit I had a qualified battery storage (actually) installed and within this one workflow its just very confusing which answers belong to which question. I did accomplish both now. Thanks for your help!
We do not have enough details to know if your parents can claim you as a dependent.   You have not mentioned how old you are, or if you are a full-time student, or if you have any other income in add... See more...
We do not have enough details to know if your parents can claim you as a dependent.   You have not mentioned how old you are, or if you are a full-time student, or if you have any other income in addition to disability.   If they can claim you as a dependent, you should say on your own tax return that you can be claimed.  It would be very unusual for saying that to affect your refund or tax due.   If you can be claimed, you can simply change the way you answered the question about that in MY INFO and re-file.   What kind of disability income are you receiving?   If it is Social Security, you do not have to file a tax return unless you have other forms of income or unless you have a 1095A for marketplace health insurance.     The criteria your parents must follow to determine if they can claim you as a dependent: You can claim a child, relative, friend, or fiancé (etc.) as a dependent on your 2025 taxes as long as they meet the following requirements: Qualifying child They're related to you. They aren't claimed as a dependent by someone else. They're a U.S. citizen, resident alien, national, or a Canadian or Mexican resident. They aren’t filing a joint return with their spouse. They're under the age of 19 (or 24 for full-time students). No age limit for permanently and totally disabled children. They lived with you for more than half the year (exceptions apply). They didn't provide more than half of their own support for the year. Qualifying relative They don't have to be related to you (despite the name). They aren't claimed as a dependent by someone else. They're a U.S. citizen, resident alien, national, or a Canadian or Mexican resident. They aren’t filing a joint return with their spouse. They lived with you the entire year (exceptions apply). They made less than $5200 in 2025 (not counting Social Security) You provided more than half of their financial support. When you add someone as a dependent, we'll ask a series of questions to make sure you can claim them. There may be other tax benefits you can get when you claim a dependent.  
If you are using TurboTax Online, you can downgrade to a different product.  See the following steps on how to do it:   Open your return if you haven't already In the left menu, select Swit... See more...
If you are using TurboTax Online, you can downgrade to a different product.  See the following steps on how to do it:   Open your return if you haven't already In the left menu, select Switch Products Select Downgrade How do I downgrade to a different TurboTax Online product?
The tax on the sale of a 4H project is applied to the net amount (Gross amount, or total you received, less expenses). No self-employment tax is required if the primary purpose was education and not ... See more...
The tax on the sale of a 4H project is applied to the net amount (Gross amount, or total you received, less expenses). No self-employment tax is required if the primary purpose was education and not profit.  You can enter as “Other income” and enter the net income.     You can check if your child is required to file a tax return - especially if the gross income is above the threshold.  See Do I need to file my own taxes if I'm a dependent?   To report a 4-H Project in TurboTax follow these steps: Open your return. In the Federal section, go to Income. Scroll down to Less common income click Start. On the page Let's Work on Any Miscellaneous Income, click on Other reportable income. On the page Any Other Taxable Income?  Select Yes. On the page, Other Taxable Income enter 4-H Project Livestock Sold for the description and the amount. Select continue and Select Done if you have no other items. You will want to keep a record of the expenses with receipts with your tax records for at least three years in case of audit.     Here is the IRS reference: 4-H Club or FFA project.
Sort of, they are separated by the change in rules yet combined.  The rules: Grandfathered Debt: You can deduct interest on up to $1 million of debt. Your Feb 2017 loan falls here. New Debt... See more...
Sort of, they are separated by the change in rules yet combined.  The rules: Grandfathered Debt: You can deduct interest on up to $1 million of debt. Your Feb 2017 loan falls here. New Debt (Post-Dec 15, 2017): You can only deduct interest on up to $750,000 of debt. Your 2022 loan falls here. Combining them: - According to IRS Publication 936, you follow a specific hierarchy: First, you use your grandfathered debt ($343k). Second, you check how much "room" is left under the $750,000 limit. $750,000 (Limit) - $343,000 (Grandfathered) = $407,000 remaining limit. Third, you apply your new debt to that remaining room. Since your 2022 mortgage is $692,000, but you only have $407,000 of "room" left, a portion of your 2022 mortgage interest will be non-deductible. If you used any of that 2022 mortgage for anything other than buying, building, or substantially improving your home (like paying off credit cards), that portion of the interest is not deductible at all, regardless of the limits.
Can you tell me the IRA that was not reported for the RMD?
@Lori61 As previously stated, the SC legislature has NOT finalized this bill.  It must pass the SC senate and then go to the Governor to be signed into law.  None of that has yet to be done so there ... See more...
@Lori61 As previously stated, the SC legislature has NOT finalized this bill.  It must pass the SC senate and then go to the Governor to be signed into law.  None of that has yet to be done so there is nothing that TurboTax can provide until if and when the legislation has become law.