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Thursday
Windows version of 2024 Turbotax treats capital gain incorrectly on the California return. Sched CA line 7 shows Fed cap gains as a subtraction when cap gains are taxed at normal state rates. Th...
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Windows version of 2024 Turbotax treats capital gain incorrectly on the California return. Sched CA line 7 shows Fed cap gains as a subtraction when cap gains are taxed at normal state rates. The result of this bug is that California income taxes are seriously underreported. I seem to recall that this bug existed as far back as Turbotax 2022. I tried reporting the bug to Turbotax support, but they blew me off. Come on Turbotax. You can and should do better.
Thursday
This is my first year of using Intuit and I had an overpayment in 2023 applied to 2024
Thursday
We found a solution that worked for us. What we did - since we have two (isp) services - migrated the laptop to the second (isp). The difference in (subnet networking) reset the (windows firewall rul...
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We found a solution that worked for us. What we did - since we have two (isp) services - migrated the laptop to the second (isp). The difference in (subnet networking) reset the (windows firewall rules) as associated to (Intuit inbound/outbound) entries. Most have only one (isp) service. Suggestion - try rebooting the (cable modem) and (router) while your laptop is powered off.
Thursday
@JakeGreen For folks using "Online" software, AND..If you've already filed...then you need to get back inside your tax return first. You'd click on the text to "Add a State" (you won't have to...
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@JakeGreen For folks using "Online" software, AND..If you've already filed...then you need to get back inside your tax return first. You'd click on the text to "Add a State" (you won't have to add one...that just gets you back in). Then, once in...you'd go to the left-side menu to the "Print Center" Once in there you will have the option to create a PDF with all the worksheets. ________________________ Don't make any changes in your actual file though.....don't go thru any of the interview questions again.....if you do so and you change anything, it will destroy some of what has already been filed and make your tax documents different from what the IRS & State already have.
Thursday
1 Cheer
Desktop download has "forms" mode in which you can view any form or schedule as you prepare the return if you want to, and easily switch back to the interview screens. Online TurboTax does not have...
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Desktop download has "forms" mode in which you can view any form or schedule as you prepare the return if you want to, and easily switch back to the interview screens. Online TurboTax does not have forms mode. With online, you can preview only your Form 1040 and Schedules 1-3. In order to see any other forms or schedules you have to pay your online TT fees first, and then you can print/see the forms.
Thursday
One question: does "No Forms mode" mean TT Online does not do forms at all, or just you can't view them in the program?
Thursday
I have added all the information for a Canada-based (foreign) dependent care provider, but after choosing State: "Foreign or U.S. Territory," the form requires a ZIP code in the format ##### or #####...
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I have added all the information for a Canada-based (foreign) dependent care provider, but after choosing State: "Foreign or U.S. Territory," the form requires a ZIP code in the format ##### or #####-#### format. I cannot get past this screen. I've attempted to leave it blank, to use 00000, but I am stuck. I've placed the full address in the City field so that the IRS has all the information they need, but the app won't let me proceed.
Thursday
Hi On final federal error check I get this error. "Form 1099-B Worksheet (eBay Commerce): Amount from Form 1099-K has an amount from linked Forms) 1099-K, but the sales proceeds on this workshee...
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Hi On final federal error check I get this error. "Form 1099-B Worksheet (eBay Commerce): Amount from Form 1099-K has an amount from linked Forms) 1099-K, but the sales proceeds on this worksheet don't match the payment amount from Form 1099-K. Add sale(s) on this worksheet with sale proceeds to match the amount reported on Form 1099-K." But the numbers do match. Total of my Personal Item sales do match the total on my 1099-k. Any ideas? The live tax advice can't figure it out. It doesn't help that TurboTax doesn't tell me what the two mismatched number are. It's the only error message I am receiving.
Thursday
1 Cheer
Yes, insurance premiums over age 65 are allowable. See publication 969.
Insurance premiums.
You can’t treat insurance premiums as qualified medical expenses unless the premiums are for any o...
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Yes, insurance premiums over age 65 are allowable. See publication 969.
Insurance premiums.
You can’t treat insurance premiums as qualified medical expenses unless the premiums are for any of the following.
Long-term care insurance.
Health care continuation coverage (such as coverage under COBRA).
Health care coverage while receiving unemployment compensation under federal or state law.
Medicare and other health care coverage if you were 65 or older (other than premiums for a Medicare supplemental policy, such as Medigap).
The premiums for long-term care insurance (item (1)) that you can treat as qualified medical expenses are subject to limits based on age and are adjusted annually. See Limit on long-term care premiums you can deduct in the Instructions for Schedule A (Form 1040).
Items (2) and (3) can be for your spouse or a dependent meeting the requirement for that type of coverage. For item (4), if you, the account beneficiary, aren’t 65 or older, Medicare premiums for coverage of your spouse or a dependent (who is 65 or older) aren’t generally qualified medical expenses.
@Bsch4477 Please review.
Thursday
No, you can’t use HSA funds to pay for dental insurance but you can use them for dental expenses.
Thursday
I just retired can I use my HSA to pay for my Dental Insurance premiums now that I am 67
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Thursday
We dissolved our subchapter S in 2024, did not sell. on federal check, I got the error - It looks like TT thinks I sold my shares, but that's not true, we just dissolved the corporation and declared ...
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We dissolved our subchapter S in 2024, did not sell. on federal check, I got the error - It looks like TT thinks I sold my shares, but that's not true, we just dissolved the corporation and declared 1120s as final. Can I ignore this ?
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Thursday
I did as you suggested. However, when I try to download the return, it does not give me an option to include all worksheets. It only includes the return and Schedule sheets without the worksheets.
Thursday
Go by the actual 1040X. Line 18 should be your original refund amount and line 22 should be your additional refund. If you paid on your original return it will be on line 16. If there is an amount ow...
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Go by the actual 1040X. Line 18 should be your original refund amount and line 22 should be your additional refund. If you paid on your original return it will be on line 16. If there is an amount owed with the amendment, it will be on line 20. Ignore any 1040V voucher that prints out and the new 1040. Those are what your return would have been if you had not needed to amend.
Thursday
And you don't need to enter the actual 250,000/500,000 exemption. It is automatically calculated on the sale.
Thursday
Firstly... Dear TurboTax, screw you for this scammy type behavior. This is ridiculous! This was not made clear and has cost me hours of my valuable time. I will not reuse this service, which I've fa...
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Firstly... Dear TurboTax, screw you for this scammy type behavior. This is ridiculous! This was not made clear and has cost me hours of my valuable time. I will not reuse this service, which I've faithfully used since 2019, again. Dear Reader, I wanted to contribute to this post because it was extremely helpful, and I wanted to share what I learned. Everything listed by OP is true. If you are reading this, somewhere in your return you unknowingly clicked the wrong thing. Here's what I did: - Check your email for an email from CreditKarma. - Copy the email address that they sent the email to, regarding your return. - Go to CreditKarma.com, use the email address from the email to login. (It may prompt you to "create an account" however when you enter your email address it should say there's already an account linked to that address - simply follow through.) - You should see your return there and you can transfer funds directly from that account. - You are given the option to transfer funds immediately (for a fee), or you can transfer the funds for free in 2-3 days. * I would encourage you not to pay them a cent to transfer the money "instantly," as this is rewarding their scummy behavior.
Thursday
You are looking in the wrong spot. Even though the full amount shows up in the total income on the 1040 line 7, if you have capital gains or qualified dividends the tax is not taken from the tax tab...
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You are looking in the wrong spot. Even though the full amount shows up in the total income on the 1040 line 7, if you have capital gains or qualified dividends the tax is not taken from the tax table but is calculated separately from Schedule D. The tax will be calculated on the Qualified Dividends and Capital Gain Tax Worksheet. It does not get filed with your return. In the online version you need to save your return as a pdf file and include all the worksheets to see it. Save the PDF https://ttlc.intuit.com/community/saving/help/how-do-i-save-my-turbotax-online-return-as-a-pdf/00/26234
Thursday
Firstly... Dear TurboTax, screw you for this scammy type behavior. This is ridiculous! This was not made clear and has cost me hours of my valuable time. I will not reuse this service, which I've fa...
See more...
Firstly... Dear TurboTax, screw you for this scammy type behavior. This is ridiculous! This was not made clear and has cost me hours of my valuable time. I will not reuse this service, which I've faithfully used since 2019, again. Dear Reader, I wanted to contribute to this post because it was extremely helpful, and I wanted to share what I learned. Everything listed by OP is true. If you are reading this, somewhere in your return you unknowingly clicked the wrong thing. Here's what I did: - Check your email for an email from CreditKarma. - Copy the email address that they sent the email to, regarding your return. - Go to CreditKarma.com, use the email address from the email to login. (It may prompt you to "create an account" however when you enter your email address it should say there's already an account linked to that address - simply follow through.) - You should see your return there and you can transfer funds directly from that account. - You are given the option to transfer funds immediately (for a fee), or you can transfer the funds for free in 2-3 days. * I would encourage you not to pay them a cent to transfer the money "instantly," as this is rewarding their scummy behavior.
Thursday
Firstly... Dear TurboTax, screw you for this scammy type behavior. This is ridiculous! This was not made clear and has cost me hours of my valuable time. I will not reuse this service, which I've fa...
See more...
Firstly... Dear TurboTax, screw you for this scammy type behavior. This is ridiculous! This was not made clear and has cost me hours of my valuable time. I will not reuse this service, which I've faithfully used since 2019, again. Dear Reader, I wanted to contribute to this post because it was extremely helpful, and I wanted to share what I learned. Everything listed by OP is true. If you are reading this, somewhere in your return you unknowingly clicked the wrong thing. Here's what I did: - Check your email for an email from CreditKarma. - Copy the email address that they sent the email to, regarding your return. - Go to CreditKarma.com, use the email address from the email to login. (It may prompt you to "create an account" however when you enter your email address it should say there's already an account linked to that address - simply follow through.) - You should see your return there and you can transfer funds directly from that account. - You are given the option to transfer funds immediately (for a fee), or you can transfer the funds for free in 2-3 days. * I would encourage you not to pay them a cent to transfer the money "instantly," as this is rewarding their scummy behavior.