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3 hours ago
@msengel There was a big bug in the program transferring ALL the estimated payments made in 2024 into Schedule A. But that was fixed a while ago. Be sure to update your program, go up to Online...
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@msengel There was a big bug in the program transferring ALL the estimated payments made in 2024 into Schedule A. But that was fixed a while ago. Be sure to update your program, go up to Online- Check for Updates. It should be only a 4th quarter payment made in January 2025.
3 hours ago
If these deductions are not on your w2, you can enter them as other state and local taxes paid. Follow these steps:
Open to the federal section,
Deductions and credits. You may need to select S...
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If these deductions are not on your w2, you can enter them as other state and local taxes paid. Follow these steps:
Open to the federal section,
Deductions and credits. You may need to select See all tax breaks
Locate estimates and other taxes paid.
Select Other income taxes
Locate other taxes paid in 2025
Select withholding not already entered on a w2 or 1099
Select yes
Enter the state/fed/local and the withholding amount
Done
3 hours ago
I submitted a amended return and it was rejected. I need to change the settlement date and resubmit the return. How do I do this?
Topics:
3 hours ago
If you are in charge of filling their income tax return, you can file a joint tax return for the year using the filing status “Married Filing Jointly”.
If you are using TurboTax Online, go to My ...
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If you are in charge of filling their income tax return, you can file a joint tax return for the year using the filing status “Married Filing Jointly”.
If you are using TurboTax Online, go to My Info section. After entering their personal information, you will see a screen titled "Let's check for some other situations" and check the box "I'm preparing this return for (name) who passed away."
If you are using TurboTax Desktop after putting their personal information, you will see the screen "Do any of these apply to (name)" and check the box "Passed away before filing this return."
You must also sign the return as the personal representative and, if you are requesting a refund, you may need to attach Form 1310.
If you need assistance preparing and filing a return for a deceased person, see the link below:
TurboTax deceased parent
Since you don’t have access to their phone numbers or e-mail accounts, you will need to create a new account. In case you need a tax expert, select the option “I just want a tax expert to handle everything for me”, following the instructions on the next link:
Full Service
Depending on your specific tax situation, TurboTax Full Service provides different prices options. On the following link there’s a section that is labeled “Find my Price”. Check the boxes for the document that you have and the service that you are seeking.
TurboTax find my price
3 hours ago
In the My Info section of the program, make sure that the name entered for your wife is exactly the same as the name on their Social Security card.
3 hours ago
If all of your hours are paid straight time, the "No Tax on Overtime" deduction does not apply to you.
However, as an hourly worker, if you get straight time pay and work excess hours over 40 p...
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If all of your hours are paid straight time, the "No Tax on Overtime" deduction does not apply to you.
However, as an hourly worker, if you get straight time pay and work excess hours over 40 per week, you should have a discussion with your employer. An exception to this is salaried employees.
3 hours ago
Both the Retirement and Investment Sections of TurboTax Desktop and TurboTax Online are updated.
3 hours ago
PLease advise where to enter this information
Topics:
3 hours ago
I filed an initial 1041 (and Schedule K-1's) for 2024 calendar year. For 2025, final distributions were done from the estate and the adjusted total income was only $68. Since it is under $600, a 10...
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I filed an initial 1041 (and Schedule K-1's) for 2024 calendar year. For 2025, final distributions were done from the estate and the adjusted total income was only $68. Since it is under $600, a 1041 does not need to be filed; but is a 1041 and Schedule K-1's still needed to record a "final" 1041; or is it not required and I can request deactivation of the EIN.
3 hours ago
Topics:
3 hours ago
If Line 22 on the Tax Payment Worksheet shows an amount, check your Federal Carryover Worksheet to see if that amount also shows under State Estimates.
If it is incorrect, you can delete the am...
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If Line 22 on the Tax Payment Worksheet shows an amount, check your Federal Carryover Worksheet to see if that amount also shows under State Estimates.
If it is incorrect, you can delete the amount on the Federal Carryover Worksheet (or the entire form, if there are no other entries).
Fourth quarter estimated payments for 2024 are often made in January 2025, so this could be the amount you see, if this applies to you.
@msengel
3 hours ago
... Furthermore, the instructions then alternatively suggest adding the foreign interest as "Other Income" but the link to that seems to default to putting it on a 1099-MISC in our royalties sectio...
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... Furthermore, the instructions then alternatively suggest adding the foreign interest as "Other Income" but the link to that seems to default to putting it on a 1099-MISC in our royalties section which seems incorrect (?) to me. Is this really a software issue in the 1099-INT Federal Review section that's already being addressed, particularly considering TurboTax's clear instructions that, so far, have not resolved this problem?
Topics:
3 hours ago
2 Cheers
I restarted computer a third time and now have full 1099-R edit/delete functionality from interview screen.
3 hours ago
Topics:
3 hours ago
It depends. If the issuer is not NY and does not operate in NY, use the federal EIN. If the issuer operates in NY or is NY based, contact your employer for the state id.
3 hours ago
You are seeing this because the amount of Medicare taxes withheld in box 6 is Not exactly 1.45% of the Medicare wages in box 5. Remove any cents for the Medicare wages and see if the upgrade message...
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You are seeing this because the amount of Medicare taxes withheld in box 6 is Not exactly 1.45% of the Medicare wages in box 5. Remove any cents for the Medicare wages and see if the upgrade message goes away.
3 hours ago
I have an inherited IRA under the10 year rule and have been taking distributions as such When I enter my 1099R for the year, TT asks for what is the "RMD due by Dec. 31, 2025" Do I just enter...
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I have an inherited IRA under the10 year rule and have been taking distributions as such When I enter my 1099R for the year, TT asks for what is the "RMD due by Dec. 31, 2025" Do I just enter 0, since it there is no RMD other than the basic rule where I must distribute everything before the 10 years? thanks for the help !
3 hours ago
https://form-status.app.intuit.com/tax-forms-availability/formsavailability?albRedirect=true&product=Turbotax_online&bu=cg
3 hours ago
https://form-status.app.intuit.com/tax-forms-availability/formsavailability?albRedirect=true&product=Turbotax_online&bu=cg