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yesterday
No; I suggested that you contact TurboTax Support and that one of the options they might offer is to switch to the Windows version of desktop (in case you might also have a Windows device). They migh...
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No; I suggested that you contact TurboTax Support and that one of the options they might offer is to switch to the Windows version of desktop (in case you might also have a Windows device). They might also offer a different license code, or may be aware of other issues that haven't come to our attention in the Community.
I have both a Mac and a Windows computer. I do prefer to use the Mac, so I understand.
@Scott_A_R
yesterday
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yesterday
@user17753353045 wrote: I need to file a F-1120 for an S Corp. Probably you do NOT need to file an F-1120 for your S corporation. In Florida, an F--1120 only needs to be filed for an S c...
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@user17753353045 wrote: I need to file a F-1120 for an S Corp. Probably you do NOT need to file an F-1120 for your S corporation. In Florida, an F--1120 only needs to be filed for an S corporation if it pays federal income tax (look at Line 23c of your federal 1120-S).
yesterday
The Tax home button is located here in the upper left in TurboTax Online:
If you're using TurboTax Desktop, you will use the upper and lower menus instead. Is there a specific tax ...
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The Tax home button is located here in the upper left in TurboTax Online:
If you're using TurboTax Desktop, you will use the upper and lower menus instead. Is there a specific tax return question you'd like to get help with? Users here in the community can help if you share your issue.
If you need live support, you can contact customer service.
yesterday
Electronically file my 2024 tax return Can't do it with TurboTax. You have to print and mail.
yesterday
@jimkickingass No one in this PUBLIC forum can see your tax return (and they shouldn't). So you need to provide more specific information, before anyone can try to help.
yesterday
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yesterday
My spouse received income from a trust for inheritance in a federal and Ohio K-1. We're unsure how to account for this in TurboTax, and where to enter it. We live in NJ full time and the trust is...
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My spouse received income from a trust for inheritance in a federal and Ohio K-1. We're unsure how to account for this in TurboTax, and where to enter it. We live in NJ full time and the trust is in Ohio. She received a 2025 federal Schedule K-1 (Form 1041) and also an Ohio IT K-1. The federal K-1 was entered as income in the federal return. The Ohio K-1 shows $800 of Ohio income in Part IV (Investor's/Owner's/Beneficiary's Share of Ohio income) box 2a (Pass-through entity / electing pass-through entity / trust & estate income) and box 2.d (total taxable income). The federal amounts are the same. Box 6 (nonrefundable business credits) lists "Federal interest and dividends exempt from state taxation" with an amount of $710. My spouse's income distribution percentage is 0.05%. The "Income Allocations" page in the Ohio interview allows specifying the amount of wages, salaries, tips, guaranteed payments that are federal income and Ohio income. The Ohio K-1 shows $800 Ohio income in box 2a/2d, but if the federal interest portion is able to be deducted, then I'm assuming this would lower the net Ohio income to $90. I'm not sure what to enter into income allocations ($800/$90) or if the income should be accounted for in a different area of TurboTax. Any help is greatly appreciated, thanks!
yesterday
We have confirmed that filing the extension in TurboTax does not transmit your tax return. You have to do that from the File section.
You do also have the option to use Easy Extension (a separ...
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We have confirmed that filing the extension in TurboTax does not transmit your tax return. You have to do that from the File section.
You do also have the option to use Easy Extension (a separate TurboTax website) rather than filing from within your TurboTax product. Or, visit the IRS website for other options to file an extension.
We did report to our TurboTax developers that there was concern among users about the language in the Extension section, and they have scheduled the form to be updated before next filing season.
@sbader2020
yesterday
If you are referring to the IRS Identity Protection PIN (IP PIN), here is how to get it:
Online: Go to the IRS Get an IP PIN tool at www.irs.gov/getanippin and sign in with ID.me.
By mail: If...
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If you are referring to the IRS Identity Protection PIN (IP PIN), here is how to get it:
Online: Go to the IRS Get an IP PIN tool at www.irs.gov/getanippin and sign in with ID.me.
By mail: If you’re eligible but don’t want to use online verification, file Form 15227 or visit an IRS office with an appointment required.
Note: The IP PIN changes every year and the IRS does not issue or reset it over the phone.
yesterday
If any asset is junked, you should note that in your tax files should you need it later, however there is nothing to put on the tax return itself for a junked asset. It's more of a paper trail since ...
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If any asset is junked, you should note that in your tax files should you need it later, however there is nothing to put on the tax return itself for a junked asset. It's more of a paper trail since they are taxable assets until disposition.
Since the rental is not on your tax return and you did sell it in 2025 here are the steps to enter the sale of your rental property. Use the detail you have from your 2022 tax return to enter your sale. Any depreciation will be recaptured with a maximum 25% rate, if your regular tax rate is higher. This is considered Section 1250 property, depreciated under the straight line method so this is capped at the rate noted.
Sale of Business Property:
Income and Expenses at the top
Scroll down to Other Business Situations
For TurboTax Desktop: Business Income and Expenses > Less Common Business Situations
Select Sale of Business Property
Select Sales of business or rental property that you haven't already reported.
Answer 'Yes' to Do all of the following apply...?
Enter your sales information:
Description of the Property (Rental, Address)
Sales Price/Sales Expenses
Date acquired and date sold
Cost
Depreciation
@RuffyK
yesterday
Where on your 1040 return are you seeing self employment tax? Do you get any K-1 forms?
yesterday
In years past a designated amount was allowed. The 2026 amount can not be found
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yesterday
When I had to mark it as un estimated, I first had to not only open the form but select the individual line/field that needed to be marked as un estimated. Once I had highlighted the line I then sele...
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When I had to mark it as un estimated, I first had to not only open the form but select the individual line/field that needed to be marked as un estimated. Once I had highlighted the line I then selected edit in the top left menu bar and was able to select un estimated from it's drop down.
yesterday
I need to talk to a live body not AI
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yesterday
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yesterday