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9 seconds ago
Unless you have wash sales or other criteria, it will tell you to send in the physical 1099b. Yes they have it, but for some reason they want it mailed in also. TT will tell you if that is your ...
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Unless you have wash sales or other criteria, it will tell you to send in the physical 1099b. Yes they have it, but for some reason they want it mailed in also. TT will tell you if that is your situation.
26 seconds ago
I was able to start the amendment process for my 2025 tax returns but I am stuck on the page that has steps 1-3, after filling out my direct deposit and brings me back to the page and only has a cont...
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I was able to start the amendment process for my 2025 tax returns but I am stuck on the page that has steps 1-3, after filling out my direct deposit and brings me back to the page and only has a continue button for step 2. I have tried clearing my cache, different browsers, incognito mode, and turbotax says everything looks good after reviewing. My taxes have already been accepted by the federal government so I'm wondering how to solve the issue? Is this a technical glitch?
a minute ago
In the past 5 years i have been using Turbo tax to efile my tax return. The 5 digit Pin Number was stored on my Last years form and was transferred for the last years Tax return My laptop crashed a...
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In the past 5 years i have been using Turbo tax to efile my tax return. The 5 digit Pin Number was stored on my Last years form and was transferred for the last years Tax return My laptop crashed and had it replaced so i did not remember the PIN number, so I went to IRS site and created an 6 Digit IP pin number. The big issue is that i have a 6 digit Pin Number from the IRS and the Turbo tax field only allows 5 digits.. I went directly to the form and also only allows for 5 digit Pin Number, how do i enter the IP number from the IRS which is 6 digits.. It already failed once.. In the post below it says "enter in If you have a 6 digit PIN issued to you by the IRS you need to enter it in order to e-file. Go to Federal>Other Tax Situations>Other Return Info>Identity Protection PIN and enter the six-digit PIN." eWhere and how do i enter that on Turbo tax.. Thanks
a minute ago
When you enter the 1099-INT following the directions given above by Karis_F, you will be able to enter your form without having to enter a tax ID for the bank.
Go to Wages & Income
Sele...
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When you enter the 1099-INT following the directions given above by Karis_F, you will be able to enter your form without having to enter a tax ID for the bank.
Go to Wages & Income
Select Investments and Savings and Add Investments
Select Enter a different way
Select the 1099-INT and Type it in myself
Enter payer's name and interest amount
See the images below for your reference:
2m ago
If any portion of fees paid relating to a continuing care community qualify as medical expenses, you would enter them in Deductions & Credits, under medical expenses.
If you, your spouse, or ...
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If any portion of fees paid relating to a continuing care community qualify as medical expenses, you would enter them in Deductions & Credits, under medical expenses.
If you, your spouse, or your dependent is in a nursing home or other facility primarily for medical care, then the entire nursing home cost (including meals and lodging) is deductible as a medical expense.
If the primary reason for entering the facility isn't to obtain medical care, only the portion of the fees directly spent on medical treatment are deductible. Meals and lodging wouldn't be deductible.
See this TurboTax Help Article for more information.
In addition, you would only be able to get a deduction for Medical Expenses if the total of the qualified expenses exceeds 7.5% of your Adjusted Gross Income. For example, if your AGI is $50,000, the first $3,750 of qualified expenses (7.5% of $50,000) don't count. You also need enough total itemized deductions to exceed your standard deduction.
See also this interactive interview Can I Deduct My Medical and Dental Expenses? at the IRS website.
@user17723954851
3m ago
Thanks for that information. Return to the entry screen for that 1099R and enter the number from Box 1 again in Box 16 for "state tax distribution". You will do this on the federal entry areas un...
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Thanks for that information. Return to the entry screen for that 1099R and enter the number from Box 1 again in Box 16 for "state tax distribution". You will do this on the federal entry areas under Wages and Income.
The DFAS 1099-R doesn't actually have a box 16 on it (which is why I imagine it wasn't entered) but you can safely put the federal number in that space in TurboTax. Once you've updated that, you can retransmit the return.
3m ago
Short version as noted: My daughter lives in DC but works in VA, and her employer withheld taxes in Virginia (she also had a two-week job in DC last summer, so there is some income taxed in DC. Us...
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Short version as noted: My daughter lives in DC but works in VA, and her employer withheld taxes in Virginia (she also had a two-week job in DC last summer, so there is some income taxed in DC. Using the "free online" version of TurboTax, I see that she will get all of the Virginia Tax refunded (over $2,600). BUT, I seem to have done something wrong because it says she only owes $13 to DC, and I know that cannot be right! I'm ready to start over from scratch, and I want to be sure I check the right boxes here!
Topics:
4m ago
In TurboTax, at the screen Tell us about the benefits you received, the text states:
If you have more than one (SSA-1099), add up the amounts for each box.
@cindy_ehlers
4m ago
Hello. TurboTax says that my Taxable income amount (6a) is about $60,000 less than the Social Security benefits that my wife and I received. We file jointly. That seems like a big difference, to m...
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Hello. TurboTax says that my Taxable income amount (6a) is about $60,000 less than the Social Security benefits that my wife and I received. We file jointly. That seems like a big difference, to me. TurboTax has checked and double checked everything and says we are ready to file, though. Should I be worried? Thank you. John
Topics:
5m ago
If you see $0 next to Canadian Pension on the Income Topics page, this doesn't affect your return. You can Edit/Update and Continue and delete the Summary page to be sure (trash can icon).
@MA...
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If you see $0 next to Canadian Pension on the Income Topics page, this doesn't affect your return. You can Edit/Update and Continue and delete the Summary page to be sure (trash can icon).
@MATY
5m ago
For last year's depreciation, should I also enter the % amount that corresponds to my ownership?
7m ago
@ user17723939869 wrote: I bought from SAMS club and I have my liscense code and received my verify 6 digit code and then everything just stops Oh, wait. What exact product did you bu...
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@ user17723939869 wrote: I bought from SAMS club and I have my liscense code and received my verify 6 digit code and then everything just stops Oh, wait. What exact product did you buy from Sam's? Sam's sells both the desktop product code and new for this year, they are now selling a code for the Online TurboTax website. So when buying from Sam's, you have to be careful which one you bought. Since you said "download", I assumed that you purchased the desktop product from Sam's. The activation code is a 16-digit code with a mix of numbers and letters, like this format XXXX-XXXX-XXXX-XXXX. Why are you mentioning a "verify 6-digit code" in this context? I don't know what that refers to. Are you referring to a 2-factor code you receive when logging into your Intuit account as part of the activation process? i.e., do you have 2-factor authentication set up for your Intuit Account, and a code is texted (or emailed) to you so you can log into your account?
7m ago
I am having the same issue: I eFiled the original 2025 NY State Corporate Tax forms, but I have to amend to change one field (Final Year), and TurboTax is stuck in a continuous review loop and will n...
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I am having the same issue: I eFiled the original 2025 NY State Corporate Tax forms, but I have to amend to change one field (Final Year), and TurboTax is stuck in a continuous review loop and will never even try to eFile the NY state tax forms.
8m ago
1 Cheer
Yes, you should.
If you select Something other than a date and enter Various, you will be presented with the screen Did you acquire this investment more than a year before you sold it?
Se...
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Yes, you should.
If you select Something other than a date and enter Various, you will be presented with the screen Did you acquire this investment more than a year before you sold it?
Select No, I didn't acquire any part of this investment more than a year before I sold it.
@hschmit
9m ago
You can choose the dropdown Other/Not classified. "NT HEALTH BENEFITS," likely stands for Non-Taxable Health Benefits. Box 14 on your W-2 is where your employer will report information that doesn't ...
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You can choose the dropdown Other/Not classified. "NT HEALTH BENEFITS," likely stands for Non-Taxable Health Benefits. Box 14 on your W-2 is where your employer will report information that doesn't have a specific home elsewhere on the form.
10m ago
Did you file for 2024 using TurboTax Online? If so, when you click on My Tax Returns and Documents on the Tax Home page, and choose 2024, it will say you completed filing. If so, when you start a 2...
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Did you file for 2024 using TurboTax Online? If so, when you click on My Tax Returns and Documents on the Tax Home page, and choose 2024, it will say you completed filing. If so, when you start a 2025 return, your info will automatically transfer over.
If you used TurboTax Desktop, and are trying to upload your .tax2024 file to TurboTax Online for 2025, here's How to Transfer Last Year's Return to TurboTax Online. If it didn't seem to transfer properly, you could open your 2024 program and re-save your completed return and transfer that file to TurboTax Online.
@john-ct
11m ago
you should have a 1099-DIV from the brokerage where you hold this position and should be reporting that For the US Gov % refer to the ishares tax supplement below tho yes shows 100% US Gov Obliga...
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you should have a 1099-DIV from the brokerage where you hold this position and should be reporting that For the US Gov % refer to the ishares tax supplement below tho yes shows 100% US Gov Obligations. This would apply to the amount in your 1099-DIV Box 1a that comes from the TIP ETF, if you have other stuff in your account like a MM fund also paying dividends reported in Box 1a you have to calculate how much comes from TIP. Same process for MM funds or other holdings, if applicable get the US Gov % from the fund company. It will be exempt from State tax but not Federal tax. https://www.ishares.com/us/literature/tax-information/2025-ishares-us-government-source-income-information-stamped.pdf
11m ago
That’s disappointing. If not corrected soon I might just download the forms from the IRS and fill them out manually.
12m ago
If you are a user of the Canadian version of TurboTax, you may wish to access the Canadian Community and participate in those discussions.
@RJM2026
12m ago
Will Line 4a Column C on the 1040X show a zero and not leave it blank. Otherwise on and after March 4th the amendments will reject.