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yesterday
TurboTax never knows how, when or even if you paid your tax due to the IRS; TT cannot check on that. Your only proof that you paid the IRS is your own bank or credit card record.
You can check...
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TurboTax never knows how, when or even if you paid your tax due to the IRS; TT cannot check on that. Your only proof that you paid the IRS is your own bank or credit card record.
You can check your own online account with the IRS:
https://www.irs.gov/payments/your-online-account
yesterday
mines been the same way since Monday I've called a few times, but they keep saying they're escalating it and someone should call me. Unfortunately no one has called me yet
yesterday
can i avoid the penalty by withdrawing some money from HSA?
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yesterday
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yesterday
Flex loan document error issues
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yesterday
Thank you very much for your kind help! Could I ask two follow-up questions?: "file 1040-NR return recognizing the US sourced income" --> In my case, could I file the 1040-NR through Turbotax?...
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Thank you very much for your kind help! Could I ask two follow-up questions?: "file 1040-NR return recognizing the US sourced income" --> In my case, could I file the 1040-NR through Turbotax? "claiming Foreign Tax credit ( for taxes placed on this income by your tax-home country" --> Could you explain how I can claim this in the 1040-NR? Or is there a separate form to be submitted for this Foreign Tax? Is there any documentation I should obtain from the National tax agency in my home country Japan? Thank you again!
yesterday
bot now turbotax will not start without a license code!?!?!?!?
yesterday
At this point, you can't amend those tax years. Rather, you need to file a 3115, which gets filed with your current year return with a second copy sent to the IRS. Regardless, preparing a 3115 i...
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At this point, you can't amend those tax years. Rather, you need to file a 3115, which gets filed with your current year return with a second copy sent to the IRS. Regardless, preparing a 3115 is really not a DIY endeavor so you should consult with a local tax pro.
yesterday
Are you trying to prepare a 1041 for your father's trust? If so, you have all of the information you need with the possible exception of the basis, which would either be a big fat zero OR the FMV on ...
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Are you trying to prepare a 1041 for your father's trust? If so, you have all of the information you need with the possible exception of the basis, which would either be a big fat zero OR the FMV on the date your father passed. You presented a curious set of facts, regardless, because the land having been in the family for such a long period of time, I'm wondering what happened with the trust your grandfather created. The land should still have been titled in the name of that trust unless it was somehow distributed to the beneficiary(ies). As a pure sidebar, trust property is technically not "inherited" but passes by operation of law according to the terms of the trust itself.
yesterday
I assume you are in Ohio, since you mention both city and school district income taxes.
Q. Do I need to file city tax or school district returns if I have amount in W2 box 18 &19 ?
A. Yes, ...
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I assume you are in Ohio, since you mention both city and school district income taxes.
Q. Do I need to file city tax or school district returns if I have amount in W2 box 18 &19 ?
A. Yes, probably.
But, there's a major exception. You normally only have to file a city income tax return in the city you live in. It is not necessary to file one in the city you work in, if different. Your employer will remit withholding to the city you work in, but you do not file a city return unless you're claiming a refund or your employer didn't withhold enough ( both highly unusual).
Only school district residents file a return & pay the School District (SD) Income tax (SDIT). Non residents who only work within a taxing SD are not subject to withholding. If SD withholding was mistakenly withheld, you will need to file an SDIT return, to get a refund.
yesterday
I have a rental property sold in 2023, and another rental property in service since 2022. For both properties, I just realized that I haven't depreciated over the years. How do I fix the errors happen...
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I have a rental property sold in 2023, and another rental property in service since 2022. For both properties, I just realized that I haven't depreciated over the years. How do I fix the errors happened on each of the rental propertis?
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yesterday
Hello! I am hoping someone can help me with this question (but I am also trying to get an appt with a CPA). In 2021, my parents (non-US residents, non-citizens) gifted me (US citizen) a rental a...
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Hello! I am hoping someone can help me with this question (but I am also trying to get an appt with a CPA). In 2021, my parents (non-US residents, non-citizens) gifted me (US citizen) a rental apartment that was rented out. In 2022, they both passed away. I was finally able to sell it in 2025. Is there any way this could be considered an "incomplete gift" that "converted" into an inheritance at their time of death 1.5 years later? I am asking because then I could use the stepped-up basis. My parents managed the apartment, dealt with the renter who did not know that ownership changed, they kept the rent for 1.5 and reported the rental income on their foreign tax return. They paid bills related to the rental. I did not have access to the rental bank account; in fact, I didn't have an account over there until after they passed away. My parents, however, did not have legal provisions in the transfer deed such usufruct or others. I have read that the IRS may consider that rental was still treated like my parents owned it... or is that wishful thinking? Thank you very much for your input!
yesterday
I think they probably mean lender. But either way it doesn’t matter. Or @rehantx do you work for Intuit or Turbo Tax? We can’t help you with that unless you really need a copy of your tax retur...
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I think they probably mean lender. But either way it doesn’t matter. Or @rehantx do you work for Intuit or Turbo Tax? We can’t help you with that unless you really need a copy of your tax return to show your income.
yesterday
How do you think an extension for your 2023 tax return would verify your marriage? Do you not have a marriage certificate? And....even if you had an extension for a 2023 tax return, that tax retu...
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How do you think an extension for your 2023 tax return would verify your marriage? Do you not have a marriage certificate? And....even if you had an extension for a 2023 tax return, that tax return was supposed to be filed by October 15, 2024. Now it is just late, and if you owe tax due, it is owed with late filing penalties and interest.
Did you ever finish preparing and file your 2023 return? If not, the only way to file it now is by mail.
When you requested your extension you were supposed to pay your estimated tax due. Did you enter the payment you made into your tax return? Go to Federal>Deductions and Credits>Estimates and Other Taxes Paid>Other Income Taxes
You will be able to access the 2023 return you started by using the exact same account and user ID that you used when you started it. But you can no longer use online software for any further changes.
Online tax preparation and e-filing for 2023 returns is now permanently closed.
Now it is too late to use online software or to e-file. If you have any changes/corrections at all to make to your 2023 return, you now have to complete it using desktop software, which you must download to a full PC or Mac (not to a mobile device).Then you need to print, sign and mail it.
https://ttlc.intuit.com/turbotax-support/en-us/help-article/printers-printing/finish-prior-year-return-started-turbotax-online/L9Oe4M90A_US_en_US?uid=m68tffpe
If you already paid for your online software you can ask customer support for a download of the desktop software.
They are available from 5 a.m. to 5 p.m. Pacific time Monday - Friday
https://ttlc.intuit.com/questions/1899263-what-is-the-turbotax-phone-number
If you are getting a refund, there is no penalty for filing late. If you owe tax due, then file and pay the amount due as shown on the Form 1040, but expect a bill later from the IRS for the penalty and interest you will owe. Only the IRS will calculate this—TurboTax will not calculate it.
When you mail a tax return, you need to attach any documents showing tax withheld, such as your W-2’s or any 1099’s. Use a mailing service that will track it, such as UPS or certified mail so you will know the IRS/state received the return.
Federal and state returns must be in separate envelopes and they are mailed to different addresses. Read the mailing instructions that print with your tax return carefully so you mail them to the right addresses.
yesterday
my husband benefits dept needs a copy of my 2023 extension to verify our marriage
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yesterday
Tried 2023 and 2024. Both updated with no problems.
yesterday
So, my grandfather created a trust in 1989. Farmland he inherited was titled in the trust name. He passed in 2001 and grandma in 2004. The left everything to my dad. I am the trustee of his trust....
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So, my grandfather created a trust in 1989. Farmland he inherited was titled in the trust name. He passed in 2001 and grandma in 2004. The left everything to my dad. I am the trustee of his trust. My father never transferred the land to his trust. The farms had been rented out since the 1980s. My dad passed in 2001. The family renting the farm had wanted to buy it for at least 20 years. My sisters and I decided to sell it to this family. To do so I had to transfer the title to my father's trust. it was sold a few weeks after that. Since it was inherited land which was had been in the family since 1780 something, there is no original purchase price. It was in my father's trust for a week or two. How do I enter this in TurboTax business?
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yesterday
What kind of information? You need to ask them for it or the other parent. Do you need a copy of a prior tax return? How to Access prior year online returns https://ttlc.intuit.com/community...
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What kind of information? You need to ask them for it or the other parent. Do you need a copy of a prior tax return? How to Access prior year online returns https://ttlc.intuit.com/community/prior-year-return/help/how-do-i-access-my-prior-year-return/00/27010 If you used the Desktop CD/Download program then the only copy is on your computer and not saved or stored online. So you need to make and keep your own backups. Or request a transcript from the IRS https://www.irs.gov/individuals/get-transcript