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5 hours ago
I need to locate my QMID number for my Heat pump/water system newly installed
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5 hours ago
I live in a mobile home and pay Taxes to the local county. Is that personal property tax or yearly property tax?
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5 hours ago
1 Cheer
I filed my return and it was rejected due to some issue with the QMID code on one of my heat pumps. I'm ticked off that they allowed me to file and get rejected when they must know it's messed up.
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5 hours ago
Yes, you can switch between products in TurboTax Online. If your return is more complicated, it will require an upgraded version,
Log into TurboTax.
Click My Home (Top left)
Select Per...
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Yes, you can switch between products in TurboTax Online. If your return is more complicated, it will require an upgraded version,
Log into TurboTax.
Click My Home (Top left)
Select Personal Info and Continue
This will bring up a full menu on the Left side..
On that left menu,
Scroll down to Switch Products
Click the down arrow
You can
Upgrade
Downgrade or
Clear and start over.
Select what you want to do.
5 hours ago
This is how you report a partial rollover of an IRA distribution in TurboTax Online:
Open your tax return
Click on Federal in the left-hand column, then on Wages & Income
Navigate to t...
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This is how you report a partial rollover of an IRA distribution in TurboTax Online:
Open your tax return
Click on Federal in the left-hand column, then on Wages & Income
Navigate to the list of income categories
Locate the section Retirement Plans and Social Security and click on the arrow on the right
Click Start next to IRAs, 401(k), Pension Plan Withdrawals (1099-R).
Enter your form 1099-R and follow the interview
When you arrive to the page Tell us if you moved the money through a rollover or conversion, click on the radio button I rolled over some or all of it to an IRA or other retirement account within the time limits (normally 60 days)
Follow the interview to enter the amount you rolled over
5 hours ago
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5 hours ago
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5 hours ago
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5 hours ago
I recently just won a lottery sweepstakes for 500, i did not work the previous year, or this year. I do not file taxes. No other source of income, do i still have to file taxes even though i had just...
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I recently just won a lottery sweepstakes for 500, i did not work the previous year, or this year. I do not file taxes. No other source of income, do i still have to file taxes even though i had just received the winning? Its also a egift card. I reside in the State of New York.
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5 hours ago
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5 hours ago
Where on turbo tax do I put property tax on my vehicles living in NC
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5 hours ago
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5 hours ago
WHY DOES BOX 2A ON MY CSA 1099R SAY UNKNOWN?
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5 hours ago
Yes. If you have winnings from sports betting, you will need to report it to the IRS and to the state of VA. Gambling/Betting income is taxable income even if you do not get a W2G.
To enter y...
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Yes. If you have winnings from sports betting, you will need to report it to the IRS and to the state of VA. Gambling/Betting income is taxable income even if you do not get a W2G.
To enter your gambling winnings and claim the losses that go with the winnings, you can select the following:
Income
Less common Income
Prizes, Awards, and Gambling Winnings
Say No, you did not receive a W2-G, hit next
Enter your winnings
Gambling losses are deductible up to 90% of the loss or the total winnings whichever is less, if you itemize your deductions. So if you won $10,000 and lost $15,000, you would be able to claim up to $10,000 in itemized losses. On the other hand if you lost $10,000 and won $15,000 you would only be able to deduct $9,000 as itemized losses. Itemized expenses include
mortgage interest,
gambling losses up to 90% or up to winnings (whichever is less),
charitable contributions, state and local taxes up to $40,000,
medical expenses in excess of 7.5% of your AGI and,
federally declared disaster casualty and losses in excess of 10% of you AGI with the first $100 not counting towards the loss.
Then your total itemized expenses would need to be greater than your standard deduction below in order to benefit from your expenses.
The 2025 Standard Deductions are as follows:
Married Filing Joint (MFJ) $31,500
Married Filing Separate (MFS) $15,750
Head of Household (HOH) $23,625
Single $15,750
Blind or over 65 and MFJ or MFS add $1,600
Single or HOH if blind or over 65 add $2.000
5 hours ago
Yes, things like Senior Bonus, No tax on Tips, New US car loan Interest and No tax on Overtime are posted to line (13b) of your 1040 tax return. These will be lumped together. Details are shown...
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Yes, things like Senior Bonus, No tax on Tips, New US car loan Interest and No tax on Overtime are posted to line (13b) of your 1040 tax return. These will be lumped together. Details are shown on Form 1A.
5 hours ago
I'm 76, and I don't know what an RMD is
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5 hours ago
If box 5 of your form 1099-NEC is blank (empty), this means that you do not have any state tax withheld and you can leave all 3 boxes 5, 6 and 7 blank.
5 hours ago
Mine too! So relieved. Many hours spent but finally corrected