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If you want to clear your return and start over, you can do that using the steps listed below:   Select Tax Tools from the left menu, then Tools. Select Clear & Start Over. Select Yes to... See more...
If you want to clear your return and start over, you can do that using the steps listed below:   Select Tax Tools from the left menu, then Tools. Select Clear & Start Over. Select Yes to confirm the action. You can also access it from Switch Products in the left panel menu of your TurboTax screen.   Click here for How do I clear and start over?  If you have additional information or questions regarding this, please return to Community and we would be glad to help.  
Could the answer be that elementary and secondary tuition could be considered qualified education expenses if they were incurred *because* of someone attending a qualified post-secondary school?
I didn't get this 1099-G in the mail and I've looked high and low at ny.gov after signing into my account.   Any help?  I looked in Taxation & Finance with no luck and other avenues point to 1099-G... See more...
I didn't get this 1099-G in the mail and I've looked high and low at ny.gov after signing into my account.   Any help?  I looked in Taxation & Finance with no luck and other avenues point to 1099-G for unemployment benefits which clearly does not apply,  
You can file a return to officially put on paper that you have no income.  It's not required, and you can't e-file unless you have at least one dollar of gross taxable income.   You are required ... See more...
You can file a return to officially put on paper that you have no income.  It's not required, and you can't e-file unless you have at least one dollar of gross taxable income.   You are required to file if you have more than $400 of income from self-employment, or more than $13,000 of other taxable income.  There are a few other wrinkles -- for example, if you are married filing separately, you must file if your spouse files and you have more than $5 of income.     There is an IRS web site to help you determine if you need to file. https://www.irs.gov/help/ita/do-i-need-to-file-a-tax-return
Since your form has Box 3 (Reimbursed Amount) and Box 4 (Qualified Contract) checked, you are correct: this money is not taxable. It is simply a "repayment" for medical expenses your mother incurred ... See more...
Since your form has Box 3 (Reimbursed Amount) and Box 4 (Qualified Contract) checked, you are correct: this money is not taxable. It is simply a "repayment" for medical expenses your mother incurred before she passed.   You will answer the questions this way: "Did you receive a distribution from a Long-Term Care contract?" Select YES. (Even though it was for your mother, you are the recipient of the check and the form). "Did you inherit this contract?" Select YES. "Did you receive a per diem payment or an accelerated death benefit?" Select NO. Leave the box blank (or enter $0) for both Per Diem Gross Benefits and Accelerated Death Benefits. Enter the qualified expenses and the amount that were reimbursed from Box 1 on the LTC Costs screen. These boxes should have the same numbers. You can leave number of days empty. This will make the amount non-taxable.
If you are using the business software, see here. For individual returns, see here. You can bookmark those sites as they are the same each year and updated. Some forms have it available.
I have an HSA from when I was working. But do not contribute since retiring.
@VolvoGirl I have a W-2 wage job, so  I think W-2 wages already covered the Social Security portion (12.4%). that's why I just need to pay  1,995×0.9235=1,842 Medicare portion: 1,842×2.9%≈53 ?
Yes. If you do not see the penalty in your 2024 Form 1040, then you must amend your 2024 return.   Correct. You would not have received Form 1099-R for the distribution until the following year (... See more...
Yes. If you do not see the penalty in your 2024 Form 1040, then you must amend your 2024 return.   Correct. You would not have received Form 1099-R for the distribution until the following year (2025).   You enter the amount of your original contribution (from Form 5498) in the Deductions and Credits, Retirement and Investments section.    At that point, the system will alert you of the excess contribution and generate Form 5329, along with penalties (for 2024)   Once you have amended your 2024 return with the above information, you can then work on your 2025 tax return.   You will then enter the Form 1099-R to reflect the removal of the excess contribution, not for penalties. The penalties were calculated with the 2024 amendment.
I live in Arizona. Were to mail form 8379.  
Yeah, something wrong had to verify myself
If you filed your return with TurboTax Online or TurboTax Desktop  you can access your file by using the link below.  How do I view, download or print a prior year tax return? How do I amend ... See more...
If you filed your return with TurboTax Online or TurboTax Desktop  you can access your file by using the link below.  How do I view, download or print a prior year tax return? How do I amend my federal  tax return for a prior year? If you did not use TurboTax to prepare your original return you can try to get an IRS transcript. Get My IRS Transcript
If your DR 1307 needs to be signed and where it needs to be signed (this depends on a number of circumstances), you have the ability to upload the signed form to the State using the State's website a... See more...
If your DR 1307 needs to be signed and where it needs to be signed (this depends on a number of circumstances), you have the ability to upload the signed form to the State using the State's website after you file your return.   Go to Revenue Online, then go to Submit an E-Filer Attachment to upload the attachment to your return.
This same information appears on p. 55 of Publication 970 Tax Benefits for Education.  However, the Qualified Education Expense website states that an eligible education institution is a post-seconda... See more...
This same information appears on p. 55 of Publication 970 Tax Benefits for Education.  However, the Qualified Education Expense website states that an eligible education institution is a post-secondary school, which would contradict the above information.  I agree with you that the information you found in Publication 590-B (echoed in Publication 970) would appear to indicate that qualified education expenses can be extended to elementary and secondary school, however, there is contradictory information out there, so it is difficult to advise which position should be taken on this topic.
1120S 2025 Desktop Turbotax - is showing an error on the prior year asset sheets.  I have reviewed all of them and they are correct.  I searched the web and found that others have been having the sam... See more...
1120S 2025 Desktop Turbotax - is showing an error on the prior year asset sheets.  I have reviewed all of them and they are correct.  I searched the web and found that others have been having the same issue.  When will this error be corrected.
it's available now (since late evening 2/10)! Under "Merrill" 
You would enter Idaho as your resident state as of 12/31/2025 since you worked there after graduation. On your tax year 2026 return, to be filed in 2027, you would be a California resident, provide... See more...
You would enter Idaho as your resident state as of 12/31/2025 since you worked there after graduation. On your tax year 2026 return, to be filed in 2027, you would be a California resident, provided you do not move out of state in 2026.