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Thursday
My wife has a SEP and turns 72 in December 2026. when does she have to start taking the RMD distribution? Also how do you calculate the RMD?
Thursday
To enter and adjust child and dependent care expenses in TurboTax Online, follow these steps: 1. Go to the Deductions & Credits section under the Federal tab. 2. Locate You and Your Family, then ...
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To enter and adjust child and dependent care expenses in TurboTax Online, follow these steps: 1. Go to the Deductions & Credits section under the Federal tab. 2. Locate You and Your Family, then select Start or Revisit next to Dependent Care Credit. 3. When asked "Did you pay for child and dependent care?", select Yes. 4. Enter the dependent's name or choose to Add Another Person. 5. On the screen for care expenses, enter the amount you paid for after-school care and summer day camps. 6. Provide your care provider's information as requested. This process allows you to report qualified child and dependent care expenses including after-school and summer day camp costs in TurboTax Online.
Thursday
@davjen-tax wrote: It's late for filing but Idid pay extra to my tax account and filed the extension. Do you see any other option if I could not locate my receipt soon? Are you referring t...
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@davjen-tax wrote: It's late for filing but Idid pay extra to my tax account and filed the extension. Do you see any other option if I could not locate my receipt soon? Are you referring to a Costco store receipt? If so, stop at the membership desk at the store and they can print you out a duplicate. OR if you have an online Costco account, there is a page that shows your past warehouse purchases and receipts. If you have such an account, log into Costco and go to the Account Home. Choose the box for for "Orders and Purchases." On the next page choose the "Warehouse" tab if you bought it in-store. Then you will be able to find your purchase and view/print a receipt. It even shows the olive oil I purchased this week. 😁
Thursday
You can check to see if your return was accepted by the IRS in TurboTax.
If you used TurboTax Online, you can see the status of your return on the Tax Home screen of your account. You shoul...
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You can check to see if your return was accepted by the IRS in TurboTax.
If you used TurboTax Online, you can see the status of your return on the Tax Home screen of your account. You should have also received emails updating you on your return status.
If you used TurboTax Desktop:
Select File.
Select Check E-file status.
Thursday
Check your FEMA number. Make sure it is a qualified loss, check yes. This should allow you to move forward.
If not, delete the 4684 casualty and start fresh.
Delete the form/ worksheet- if ...
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Check your FEMA number. Make sure it is a qualified loss, check yes. This should allow you to move forward.
If not, delete the 4684 casualty and start fresh.
Delete the form/ worksheet- if possible, see How to Delete
Log out of your return and try one or more of the following:
Don't use Internet Explorer.
Clear cache and cookies,
Sign in using a different browser.
Sign in using a different device.
Log back into your return.
Enter the information again.
Thursday
I used the turbotax online for filing my tax return last night, and Turbotax charged me $295.37 (Order Number: [removed]).
My tax situation is relatively simple: standard W-2 income and a limited ...
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I used the turbotax online for filing my tax return last night, and Turbotax charged me $295.37 (Order Number: [removed]).
My tax situation is relatively simple: standard W-2 income and a limited number of stock transactions. However, your platform’s design led me to believe that the "Premium" service was a requirement rather than an elective add-on.
I am requesting these refunds based on the following:
Lack of Fee Transparency: The final cost was not clearly communicated until the very end of the process, at which point the time invested in the platform created a "sunk cost" pressure to proceed.
Misleading Service Tiering: My return did not require the level of "expert" assistance or specialized features that justify a near $300 price tag.
Deceptive: Upon reviewing my records and discussing this with friends, it is clear that I was led into the same unnecessary premium tier last year.
I have been a loyal user, but the current pricing structure feels like a predatory tactic rather than a value-added service. I'd like to request a refund and only be charged for the necessary service.
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Thursday
Your parents need to get an IP PIN if they want to e-file a return claiming your brother as a dependent. They can create an IRS account and verify their identity to get the IP pin. Once they have...
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Your parents need to get an IP PIN if they want to e-file a return claiming your brother as a dependent. They can create an IRS account and verify their identity to get the IP pin. Once they have that, they can e-file. Or they can file by mail.
Since you filed by mail, not marking the box does not affect your parents e-file. But it sounds like your brother did e-file and did not mark the box, so that is why your parents need the pin to e-file their return.
Here is how they can get the IP pin >> Get an IP PIN
Beginning in the 2025 filing season, the IRS will accept Forms 1040, 1040-NR and 1040-SS even if a dependent has already been claimed on a previously filed return as long as the primary taxpayer on the second return includes a valid Identity Protection Personal Identification Number (IP PIN).
Thursday
Yes, you can still file it. You will need to download a copy of your tax return and mail it with your certificates.
From MN CRP:
Download and complete Form M1, Schedule M1REF, and the new Schedul...
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Yes, you can still file it. You will need to download a copy of your tax return and mail it with your certificates.
From MN CRP:
Download and complete Form M1, Schedule M1REF, and the new Schedule M1RENT. Mail us your completed return and include copies of all your CRPs from the past year, or your refund may be delayed or denied.
Thursday
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Thursday
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Thursday
On your tax return, edit your business information general section. If you mean with the IRS, see When to get a new EIN
Thursday
"TurboTax does not seem to detect all of them." You probably are encountering the following: TurboTax exploits the Detail Reporting Exception for Box A, Box D transactions without adjustments. ...
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"TurboTax does not seem to detect all of them." You probably are encountering the following: TurboTax exploits the Detail Reporting Exception for Box A, Box D transactions without adjustments. All, or some of such transactions will not be listed. if it is "some", TurboTax doesn't explain the reason, when it should be "all" (see related forum discussions). compare your Schedule D subtotals and grand totals with the totals on your consolidated 1099-B. If the Grand SubTotals by Category for Proceeds and Gain/Loss match, all transactions are accounted. @yatoshura
Thursday
Most refunds from e-filed returns get sent in about 21 days, although some returns take more time to review.
To check the status of your refund:
Check your e-file status.
If it's been a...
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Most refunds from e-filed returns get sent in about 21 days, although some returns take more time to review.
To check the status of your refund:
Check your e-file status.
If it's been accepted, track your refund at the IRS Where's My Refund? site.
You'll need your Social Security number or ITIN, filing status, and the exact amount of your refund to check your status, which you'll find on the first screen after signing in to TurboTax.
If you mailed your return, wait 4 weeks after mailing your return before using the tool.
If it's rejected, fix your return and file it again.
If it's pending, wait until your return is accepted.
If it's been more than 21 days since your e-filed return was accepted, you can call the IRS directly to check on your refund status.
Go here to track your state refund.
@missyenc
Thursday
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Thursday
It's telling me that the key was already used. Yes, it was used by me on this very same computer. Nothing different but the Windows
Thursday
Are you using TurboTax Online, @kdilip2000 ? If so, you can get back to the Tax Tools menu, when you sign in, scroll to the bottom, down by where it says Your tax returns and documents and click o...
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Are you using TurboTax Online, @kdilip2000 ? If so, you can get back to the Tax Tools menu, when you sign in, scroll to the bottom, down by where it says Your tax returns and documents and click on Add a State. But you are not really adding a state; it just unlocks the return, so you can get to the Print Center and Tax Tools.
Thursday
Okay thanks! And is that something I can initiate on the app as well? Also, is there a deadline that you're aware of?
Thursday
For issues regarding fees you will need to contact TurboTax.
Thursday
If you are not excluding the foreign wages and are being double taxed, then you qualify for the foreign credit. If you used Form 2555 to exclude foreign income, the Form 1116 for foreign tax is not e...
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If you are not excluding the foreign wages and are being double taxed, then you qualify for the foreign credit. If you used Form 2555 to exclude foreign income, the Form 1116 for foreign tax is not eligible.
The Foreign Tax Credit is limited to the lesser of:
The actual foreign tax you paid.
The U.S. tax liability on that specific foreign income.
Thursday
Thank you @noviceattax ; someone will take a look. Does the CA state return look the same? Was there a change in the state refund amount when you started the amendment? I am curious because wh...
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Thank you @noviceattax ; someone will take a look. Does the CA state return look the same? Was there a change in the state refund amount when you started the amendment? I am curious because when I delete the 1040-X from the federal return, the CA amendment (Form X) remains and will not delete.