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50m ago
Thank you for the response: Token number:[phone number removed][phone number removed]9. I have spent a lot of time researching this topic and it seems there is a lot of confusion. The IRS instr...
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Thank you for the response: Token number:[phone number removed][phone number removed]9. I have spent a lot of time researching this topic and it seems there is a lot of confusion. The IRS instructions indicate QMID is required for enabling property which is pretty black and white, but I have yet to find any wire, circuit breakers, panels that have a QMID. Likely there wasn't a lot of inertia to spend money and time completing the process when there were clear indication that the republicans were going to kill the credits. From the IRS webpage: "Enabling property. A new line was added to document the required relationship between enabling property and enabled property." I am pretty sure there wasn't a lot of deep thought on "does a length of wire, a circuit breaker, and outdoor disconnect really need a QMID"? That would be a very expensive endeavor for "minor" equipment. The fact is that my heat pump would be a brick without the "enabling" property.
51m ago
If an auto-import fails for whatever reason, then go into the Wages & Income->Investment Income section in the federal interview, and delete the form.
Then add the form and enter it manually.
...
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If an auto-import fails for whatever reason, then go into the Wages & Income->Investment Income section in the federal interview, and delete the form.
Then add the form and enter it manually.
Since TurboTax does not create the data for forms like 1099s but are created by outside entities, it can happen that the data is garbled and won't be imported 100% correctly.
52m ago
I would also recommend you go back and look at your 2024 tax return Schedule D just to make sure that there is not any CL carryover.
Your 2024 Schedule D will validate whether or not this is accura...
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I would also recommend you go back and look at your 2024 tax return Schedule D just to make sure that there is not any CL carryover.
Your 2024 Schedule D will validate whether or not this is accurate.
Always good to verify before you make a change such as this.
53m ago
To enter estimated tax paid in 2025
Go to Federal>Deductions and Credits>Estimates and Other Taxes Paid>Estimates
53m ago
IS MY 2024 STATE OR LOCAL REFUND TAXABLE?
If you used standard deduction for your 2024 tax return, you do not have to enter a state or local tax refund you received in 2025. If you itemized d...
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IS MY 2024 STATE OR LOCAL REFUND TAXABLE?
If you used standard deduction for your 2024 tax return, you do not have to enter a state or local tax refund you received in 2025. If you itemized deductions then your state or local refund that you claimed on the 2024 return----and received in 2025---must be entered as taxable income on your 2025 return. If you are not sure if you itemized for 2024, look at your 2024 Form 1040 line 12. Do you see the standard deduction amount or something else?
2024 STANDARD DEDUCTION AMOUNTS
SINGLE $14,600 (65 or older/legally blind + $1950)
MARRIED FILING SEPARATELY $14,600 (65 or older/legally blind + $1550)
MARRIED FILING JOINTLY $29,200 (65 or older/legally blind + $1550)
HEAD OF HOUSEHOLD $21,900 (65 or older/legally blind + $1950)
54m ago
No one is preparing or filing a "2026" tax return---not until 2026 is over and you prepare and file 2026 in 2027 next year.
Are you trying to find software for 2024 and 2025? People are prepa...
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No one is preparing or filing a "2026" tax return---not until 2026 is over and you prepare and file 2026 in 2027 next year.
Are you trying to find software for 2024 and 2025? People are preparing returns for tax year 2025 now. The current online software is for 2025, the tax year that just ended on December 31, 2025.
You cannot change the tax year. The current online program is for 2025 only. Only a 2025 return can be prepared online and only a 2025 return can be e-filed.
Online preparation and e-filing for 2022, 2023, and 2024 is permanently closed.
Note: The desktop software you need to prepare the prior year return must be installed/downloaded to a full PC or Mac. It cannot be used on a mobile device.
To file a return for a prior tax year
If you need to prepare a return for 2022, 2023, or 2024 you can purchase and download desktop software to do it, then print, sign, and mail the return(s)
https://turbotax.intuit.com/personal-taxes/past-years-products/
You may also want to explore purchasing the software from various retailers such as Amazon, Costco, Best Buy, Walmart, Sam’s, etc.
Remember to prepare your state return as well—if you live in a state that has a state income tax.
https://ttlc.intuit.com/turbotax-support/en-us/help-article/state-taxes/contact-state-department-revenue/L9qVToi02_US_en_US?uid=m6e06um0
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 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.
56m ago
I have a rental property, rented since 2014. I have never claim depreciation on that property. I have been taking all operating expenses to save on my taxes. Q1- Should I file form 3115 this year ...
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I have a rental property, rented since 2014. I have never claim depreciation on that property. I have been taking all operating expenses to save on my taxes. Q1- Should I file form 3115 this year or next year is fine too? What if I don’t file 3115 for? Any loss? Q2- Is it good if we move back to rental property this year and make it primary home, stay for 2-3 years before sale to save capital gain tax? -Q3- How about 1031 exchange? Please guide me. Thanks
Topics:
58m ago
Did you actually "sell" a CD or did your CD just mature?
58m ago
Topics:
59m ago
No one in the user forum can resolve a billing issue. If you have a question about your TurboTax fees or billing, make sure you use the word “billing” in your request for help. Do not use the word ...
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No one in the user forum can resolve a billing issue. If you have a question about your TurboTax fees or billing, make sure you use the word “billing” in your request for help. Do not use the word “refund.”
https://ttlc.intuit.com/turbotax-support/en-us/help-article/account-management/contact-turbotax/L2y9ZKpQB_US_en_US?uid=m5s9l2vh
@Nmgraham95
59m ago
Previous years it was required to enter return amount as income for the following year, I cannot find it in TurboTax this year for Wisconsin. Please help.
Topics:
an hour ago
Help with foreign income
an hour ago
Purchased TurboTax 2025 - Should not be sold to Mac users. I spent 2 hours with tech support & No resolution. Why are you selling it when you no it does not run on Sequoia I left QuickBooks w...
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Purchased TurboTax 2025 - Should not be sold to Mac users. I spent 2 hours with tech support & No resolution. Why are you selling it when you no it does not run on Sequoia I left QuickBooks when my price tripled. I will never buy another Intuit product.
an hour ago
Yes, it seems likely that you should check that box - is that in the New Jersey return section?
Pennsylvania and New Jersey has a "reciprocity" agreement where if you live in one of those but w...
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Yes, it seems likely that you should check that box - is that in the New Jersey return section?
Pennsylvania and New Jersey has a "reciprocity" agreement where if you live in one of those but work in the other, you will only need to pay tax to your home state and not your work state. You should file a Pennsylvania Form REV-419 with your employer to have them stop withholding PA tax on your income. In the meantime, you should file Pennsylvania income taxes on PA-40 to get a refund of the PA taxes withheld on your pay.
an hour ago
Are you working on a Schedule C for your real-estate business or on a partnership (1065) or a corporation (1120)?
Even without know the answer, you generally report 2024 sales on your 2024 tax ...
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Are you working on a Schedule C for your real-estate business or on a partnership (1065) or a corporation (1120)?
Even without know the answer, you generally report 2024 sales on your 2024 tax return, and 2025 sales on your current year (2025) tax return.
Help me understand why you want to merge the sales?
an hour ago
Not sure what you are trying to do. Line 12e on your Form 1040 shows your standard deduction. Or are you talking about something else? "Box" 12e of what ---- exactly?
an hour ago
It would help if you provided additional information:
Did you receive a form 1065?
Did you receive a Schedule K-1?
Are you a partner / member or are you wanting to prepare the partnership tax...
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It would help if you provided additional information:
Did you receive a form 1065?
Did you receive a Schedule K-1?
Are you a partner / member or are you wanting to prepare the partnership tax return?
an hour ago
Topics:
an hour ago
I pushed foreign income button by mistake it won’t let me finish help