All Posts

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.    

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

  You have to access your own account and/or  print it for yourself using exactly the same account and user ID that you used when you prepared the return.    https://myturbotax.intuit.com/   https://ttlc.intuit.com/community/prior-year-return/help/how-do-i-access-my-prior-year-return/01/27010     https://ttlc.intuit.com/turbotax-support/en-us/help-article/import-export-data-files/save-2021-turbotax-online-return-pdf/L8dHfRkpT_US_en_US?uid=m5y4ch1y   Many people have multiple TT accounts and forget how to access them.  Log out of the account you are in now.     https://ttlc.intuit.com/turbotax-support/en-us/help-article/account-management/many-intuit-accounts-turbotax/L9aVfKS1Z_US_en_US?uid=ll5g6zcx Account Recovery     Or did you use the desktop version of TurboTax?  If so, the files are on your own hard drive or any backup device you used like a flash drive.     https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-return/find-last-year-tax-data-file-tax-file-computer/L0XJvPaJr_US_en_US?uid=m6gufxei     https://ttlc.intuit.com/turbotax-support/en-us/help-article/data-systems/find-tax-data-file-mac/L4VNGm33S_US_en_US?uid=m6guhab0 You can get a free transcript from the IRS or for a fee of $30, an actual copy of your tax return. https://www.irs.gov/individuals/get-transcript https://www.irs.gov/pub/irs-pdf/f4506.pdf       SAVE YOUR TAX RETURNS ! EVERY year before mid-October you should save a copy of your tax return as a pdf and print a copy of it for your records.  That way you will not be searching online frantically when you need it for a lender, FAFSA forms, your next tax return, etc.    https://ttlc.intuit.com/turbotax-support/en-us/help-article/import-export-data-files/save-2021-turbotax-online-return-pdf/L8dHfRkpT_US_en_US?uid=m6guj526   https://ttlc.intuit.com/turbotax-support/en-us/help-article/import-export-data-files/save-2021-turbotax-online-return-pdf/L8dHfRkpT_US_en_US?uid=m78eb8pc In order to transfer a past year return to the new return you need the tax file   https://ttlc.intuit.com/turbotax-support/en-us/help-article/import-export-data-files/save-turbotax-online-return-tax-data-file/L4xwOG3LF_US_en_US?uid=m6guk3xl   NOTE:  TurboTax and the IRS save returns for seven years.  Returns older than seven years are purged.

TurboTax only prepares a few city or local tax returns as an extra step in your state return.  For most local tax returns you are on your own.  You may have to ask around amongst your neighbors, etc. to find out if you have a local tax and how to pay it. “Google “ local tax for your area.  Call your city government, etc.  Your only record of paying your local tax will be your own bank/credit card records     https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-return/city-tax-returns-turbotax-state-program/L0fev7XS3_US_en_US?uid=m69jiu1e

Here’s some Withholding forms you can fill out and give to the payer to change the federal withholding……   For W2 employee wages or job withholding you can give your employer a new W-4 form https://www.irs.gov/pub/irs-pdf/fw4.pdf   For 1099R pension and IRA withdrawals give them a new W-4P form https://www.irs.gov/pub/irs-pdf/fw4p.pdf   For Social Security give a  new W-4V to  Social Security to change withholding https://www.irs.gov/pub/irs-pdf/fw4v.pdf

I think you'll need to provide more information in order to get your answer.  What made you think "too much is taken out for taxes"?    Did you have a huge refund when you filed your 2024 income tax return earlier this year?    Who is withholding income taxes from you?  Your pension plan administrator, Social Security, financial institutions, employer and/or someone else?    How many sources of income do you have? If so, is one or two of those sources much higher than the other?   Are you married, filing jointly with your spouse?  If so, if your spouse's income much more or much less than yours?   There are so many variables.  You can always ask the withholding agent to withhold less by filing a new W-4 form.  Just make sure you won't be subject to underpayment penalties when you file your tax return.   2025 Form W-4   The ideal amount of withholding is to have a small refund or small overpayment with the 1040.  When a taxpayer has several sources of income, it's always difficult to estimate your withholding accurately.     Since TT has already released the 2025 edition, you may want to use your best estimate to see if you in fact have too much withholding.  Problem is we are already in the latter half of November.  Any changes will most likely not going to make any big differences.  But you can use that to gauge your 2026 withholding.  Good luck!    Underpayment of estimated tax by individuals penalty | Internal Revenue Service Avoid a penalty You may avoid the Underpayment of Estimated Tax by Individuals Penalty if: Your filed tax return shows you owe less than $1,000 or You paid at least 90% of the tax shown on the return for the taxable year or 100% of the tax shown on the return for the prior year, whichever amount is less. If your adjusted gross income (AGI) for 2023 was more than $150,000 ($75,000 if your filing status for 2024 is married filing separately), substitute 110% for 100%.  

Hi @pk , I still did not get a clear YES/NO on the question Will the capital gains generated by below will be taxable in USA (Federal) or NOT? -- stocks acquired while in USA as a resident Alien --and SOLD while in INDIA and being a Non Resident Alien for USA   Can you please help

In 2021 the city I live in Newnan Ga had an EF4 tornado that caused the damage. Joe Biden approved a major federal disaster declaration for the Newnan area (Coweta County) and seven other Georgia counties following a powerful EF-4 tornado on March 26, 2021. This declaration provided public assistance for government and certain non-profit recovery efforts, but a separate request for individual assistance for residents was denied by FEMA.    Does this mean I can write off the unrecoverable debt?

@pk  Thank you very much for the detailed clarification. It is greatly appreciated! What I was concerned about was that, because there was a one-year gap between her departure and the visa cancellation, she might be treated as a resident alien living abroad until the day of cancellation, which would require her to file worldwide income for that portion of the year. If this is not the case, can I simply file MFS?

Hi @Mike9241  We're looking into this for you. Check to see if there's an option to confirm your email in your inbox. Also let us know if this reply gave you a notification as well. We'll continue to test options and a workaround for you, thanks for letting us know.