All Posts
yesterday
Please explain? Are you talking about the question after entering your social security benefits or something else?
yesterday
The IRS publication you are referencing is specific to seminars and meetings at sea on a US registered vessel, which does not apply to 99% of cruises. So the question is, can you then default t...
See more...
The IRS publication you are referencing is specific to seminars and meetings at sea on a US registered vessel, which does not apply to 99% of cruises. So the question is, can you then default to ordinary and necessary business expense as the reason for the deduction. There is no IRS publication that gives direction on cruise travel outside of seminars/conventions. So it then becomes a huge grey area from what I have researched with some tax advisors saying you cannot deduct even if it’s necessary and ordinary to your business.
yesterday
Topics:
yesterday
This is more of a rant than a question, but WTF Intuit? I just got the IRS CP53E letter informing me that electronic payments are mandatory. Seems it has been that way since March of 2025 or so, ...
See more...
This is more of a rant than a question, but WTF Intuit? I just got the IRS CP53E letter informing me that electronic payments are mandatory. Seems it has been that way since March of 2025 or so, a year ago. Why does TT still offer the option to receive a paper check when you do an efile? This is quite the inconvenience, I got through the irs.gov login OK after messing around with ID.me for a half hour, got the bank account setup, etc. The REALLY annoying part is that I do taxes for family members who are not very computer literate, and they live all across the State. Now I get to spend a bunch of time getting their irs.gov logins setup so I can configure a bank account. WTF Intuit, how could you miss this? This is really, really annoying.
yesterday
They still have it pending it's been the whole weekend I'm getting annoyed
Topics:
yesterday
A normal qualified Roth 401(k) distribution after age 59½ and meeting the 5-year rule is tax-free. Plans must separately account for Roth contributions and earnings. A distribution attributable to...
See more...
A normal qualified Roth 401(k) distribution after age 59½ and meeting the 5-year rule is tax-free. Plans must separately account for Roth contributions and earnings. A distribution attributable to excess deferrals in a designated Roth account is not a qualified distribution.
A future Roth 401(k) 1099-R should show no taxable amount only if the distribution is actually qualified and the plan’s records support that. A nonzero taxable amount does not automatically mean the administrator tainted the Roth account. It may reflect a nonqualified distribution, earnings, or uncured excess-Roth treatment.
yesterday
@Cmiller20 Oh the 846 is a code on your IRS account. Not an Amount.
yesterday
2 Cheers
Were there actually two withdrawals from your bank account? Check your bank account records or statement. How did you pay on April 6? Filing your tax return with direct debit is not the same as actua...
See more...
Were there actually two withdrawals from your bank account? Check your bank account records or statement. How did you pay on April 6? Filing your tax return with direct debit is not the same as actually paying.
yesterday
@Cmiller20 Who is the $846 deposit from on your bank statement?
yesterday
If TurboTax Desktop fails to open after an update, it may be due to a corrupted update, security software blockage, or Windows 11 compatibility issues. Typical fixes include restarting the computer, ...
See more...
If TurboTax Desktop fails to open after an update, it may be due to a corrupted update, security software blockage, or Windows 11 compatibility issues. Typical fixes include restarting the computer, running the application as an administrator, Clear cache and cookies or temporarily disabling antivirus software.
To run TurboTax as an administrator, right-click the TurboTax icon and select "Run as administrator" to fix update, installation, or blank screen issues. To keep this in place, go to the file's Properties > Compatibility and check "Run this program as an administrator". This allows the software to bypass restricted permissions.
See this help article for additional troubleshooting steps for Windows Desktop.
Getting disconnected while on the phone with TurboTax Support is rare but it does happen. If the problem persists, see this help article for instructions on how to contact TurboTax customer support.
After April 15, 2026, TurboTax customer support experts are available Monday through Friday, from 5 AM to 5 PM PT. Near the September and October extension deadlines, TurboTax will resume extended hours, including evenings and weekends.
yesterday
"how long will this go on?"
The capital loss is carried over from year to year indefinitely, until it is used up or you die.
yesterday
@Dude6156 You will have to contact TurboTax support for assistance with this problem.
Use this phone number and select TurboTax - 1-800-4-INTUIT (1-800-446-8848)
yesterday
I just saw someone here comment they’re receiving $846. I’m also receiving $846. My neighbor told me she’s also receiving $846. What’s up with that??? That’s super weird like are they just giving out...
See more...
I just saw someone here comment they’re receiving $846. I’m also receiving $846. My neighbor told me she’s also receiving $846. What’s up with that??? That’s super weird like are they just giving out a “set amount” for certain people that meet certain requirements?? So it’s not based on what we earned and individual tax credits, etc.?? Is this a TT thing or a government thing?
yesterday
To access your current or prior year online tax returns sign onto the TurboTax website with the User ID you used to create the account - https://myturbotax.intuit.com/
Or -
When you sign onto you...
See more...
To access your current or prior year online tax returns sign onto the TurboTax website with the User ID you used to create the account - https://myturbotax.intuit.com/
Or -
When you sign onto your online account and land on the Tax Home web page, scroll down and click on Add a state.
This will take you back to the 2025 online tax return.
yesterday
Topics:
yesterday
If you don't have a lot of gains to offset the loss each year you have to keep carrying over the remaining loss. Each year you get to first offset the carryover loss against any gains you have ea...
See more...
If you don't have a lot of gains to offset the loss each year you have to keep carrying over the remaining loss. Each year you get to first offset the carryover loss against any gains you have each year so that can use more of it up. Then after applying the loss to the current gains if there is still a loss, you can take a max loss of 3,000 per year. Check Schedule D line 6 and 14. Then there are 2 worksheets…. Capital Loss Carryover worksheet showing the carryover from the prior year and the current amounts. Capital Loss Carry Forward worksheet showing the amount transferring over to next year. In the Online version you have to save your return with all the worksheets as a pdf file to your computer to see the Capital Loss worksheets. You need to use Online Premium to enter a Capital Loss Carryover and investments. Or any of the Desktop programs. In the Desktop program you can switch to Forms Mode and open the worksheets.
yesterday
The bank numbers on 35a are what you entered and what the IRS will use. If they are wrong the IRS will eventually send you a check. You can track your refund on the IRS site. Once your return has bee...
See more...
The bank numbers on 35a are what you entered and what the IRS will use. If they are wrong the IRS will eventually send you a check. You can track your refund on the IRS site. Once your return has been filed and accepted you can’t change the information.
yesterday
See above
yesterday
I had a loss several years ago and each year I continue to get a -$3,000 credit on line 7/7A. Why is this and how long will this go on?
Topics: