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9 hours ago
If you want to enter fees for car registration:
Go to Federal>Deductions and Credits>Cars and Other Things You Own>Car Registration Fees
9 hours ago
Are you itemizing other deductions like mortgage interest and property taxes, charity donations, or medical expenses? Unless you are itemizing and enter enough itemized deductions to exceed your st...
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Are you itemizing other deductions like mortgage interest and property taxes, charity donations, or medical expenses? Unless you are itemizing and enter enough itemized deductions to exceed your standard deduction, entering your car registration will have no effect on your tax due or refund.
Your itemized deductions have to be more than your standard deduction before you will see a change in your tax owed or tax refund. The deductions you enter do not necessarily count “dollar for dollar;” many of them are subject to meeting tough thresholds—medical expenses, for example, must meet a threshold that is pretty hard to reach. (Only the amount that is MORE than 7.5% of your AGI counts) The software program uses all the IRS rules that apply to the expenses you enter, and it tells you if you have enough to use your itemized deductions or if using the standard deduction is more advantageous for you. Under the tax laws that have been in effect since 2018, some deductions have been capped—there is a $10,000 limit to the itemized deductions for state, local, property and sales taxes.
The standard deduction makes some of your income “tax free.” It is not a refund. You will see your standard or itemized deduction amount on line 12 of your 2024 Form 1040.
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)
9 hours ago
@imoknu Are you using online TurboTax or are you using desktop download software? It is not clear from your post which software you are using, although your reference to clicking "Add a state" sugg...
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@imoknu Are you using online TurboTax or are you using desktop download software? It is not clear from your post which software you are using, although your reference to clicking "Add a state" suggests you are using online. If you are using online TT, there is a fee for every state return you prepare. The fees are separate in online for federal and state. There is no extra fee to e-file when you use online TT. The fee is the same whether you e-file or file it by mail. If you prepare a state return using online TT, you have to pay for it. Filing it by mail will not make it "free."
If you are using desktop download software, the program will usually include ONE software download for the specific state of your choosing. With that download you can prepare multiple returns for that specific state, but there is a $25 charge to e-file those state returns. You can file them by mail to avoid the state e-file fee. If you need to prepare a return for a different state, each state software download will cost you $45, and then you will also contend with the $25 e-file fee.
9 hours ago
I seem to be getting a different answer depending on who I ask. I'm mainly curious how the no tax on overtime is actually going to look because I realize it's a tax deduction not a dollar for $1 thin...
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I seem to be getting a different answer depending on who I ask. I'm mainly curious how the no tax on overtime is actually going to look because I realize it's a tax deduction not a dollar for $1 thing however if I get paid $45,000 a year but my overtime brings me up to 100,000 a year then where would my filing status land because in my mind it would mean that I would still be at the $45,000 mark and not the 100,000 mark but I'm being told that's not the case.
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9 hours ago
Where are you seeing that you owe tax due? If you mean you see an amount due in your account, that will not change in your account even if you paid. TurboTax never knows how, when or even if you ...
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Where are you seeing that you owe tax due? If you mean you see an amount due in your account, that will not change in your account even if you paid. TurboTax never knows how, when or even if you paid your tax due. Your only proof that you paid will be your own bank or credit card records. Your online account will continue to show the result of the tax return you prepared, so if you prepared a return with tax due, that is what will be shown in your account.
9 hours ago
HOW CAN I E-FILE STATE AFTER ALREADY E-FILING FEDERAL
https://ttlc.intuit.com/turbotax-support/en-us/help-article/state-taxes/e-file-state-already-filed-federal/L1utGncEc_US_en_US?uid=m7xgr...
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HOW CAN I E-FILE STATE AFTER ALREADY E-FILING FEDERAL
https://ttlc.intuit.com/turbotax-support/en-us/help-article/state-taxes/e-file-state-already-filed-federal/L1utGncEc_US_en_US?uid=m7xgrjec
10 hours ago
and similar question here https://ttlc.intuit.com/community/taxes/discussion/can-i-use-turbotax-to-calculate-if-i-need-to-pay-estimated-taxes-in-2025/01/3694735/highlight/false#M1366297
10 hours ago
see this thread for some info on ES and safe harbor calculation https://ttlc.intuit.com/community/taxes/discussion/re-is-it-optional-or-mandatory-to-pay-estimated-taxes-i-pay-my-taxes-in-full-when-i...
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see this thread for some info on ES and safe harbor calculation https://ttlc.intuit.com/community/taxes/discussion/re-is-it-optional-or-mandatory-to-pay-estimated-taxes-i-pay-my-taxes-in-full-when-i-file-but/01/3694763#M1366309 Normally when you file, under Other Tax Situations / Form W4 and Estimated Tax you can input estimates for 2025 to help calculate estimated tax vouchers. By default if you don't input your 2025 info then TT will generate ES vouchers based on prior year tax and assuming your 2025 withholding is the same as 2024. You need to have paid thru the year via withholding or timely (usually quarterly) estimated taxes, the smaller of 100% of your 2024 tax (110% if AGI > 150k or 75k if Married Filing Separately), or 90% of your 2025 tax. That's your safe harbor amount. Usually paying based on prior year tax is an overpayment if your income is steady, but if you have an increase in income in 2025 it can be advantageous. Withholding is always considered timely so if you don't quite make the safe harbor you can always increase withholding but only have a few months left of the year for that to have effect. Finally, if the outcome of all this is you do owe ES, you should catch up the Q1-2 payments ASAP to stop the penalty accruing further, then resume quarterly payments for Q3/4 per the deadlines. If your income is uneven and in particularly later in the year (e.g. Roth conversion in Q4) then you an pay ES unevenly to line up with it, and file Form 2210 Annualized Income method to hopefully reduce or eliminate the penalty. How to reduce or avoid a penalty depends your situation, but start with you doing the safe harbor calculation to see whether you need to pay ES based on prior year or current year tax. Form 1040-ES has a worksheet to determine if you need to pay ES (but don't use 1040-ES vouchers etc to pay ES, if able pay electronically at irs.gov). https://www.irs.gov/forms-pubs/about-form-1040-es You will need an estimate of your 2025 AGI for the safe harbor calculation, there are various tax calculators here but I don't think updated for 2025 tax brackets or big bill changes so there may be other resources available. https://turbotax.intuit.com/tax-tools/calculators/taxcaster/
10 hours ago
see info on this thread on estimated taxes https://ttlc.intuit.com/community/taxes/discussion/re-is-it-optional-or-mandatory-to-pay-estimated-taxes-i-pay-my-taxes-in-full-when-i-file-but/01/36947...
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see info on this thread on estimated taxes https://ttlc.intuit.com/community/taxes/discussion/re-is-it-optional-or-mandatory-to-pay-estimated-taxes-i-pay-my-taxes-in-full-when-i-file-but/01/3694763#M1366309
12 hours ago
@dpa500 TT wouldn't ask for the non-resident amounts because it is not necessary. the Non-resident amounts have no impact on a part-year tax return. the part year return only cares about the inco...
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@dpa500 TT wouldn't ask for the non-resident amounts because it is not necessary. the Non-resident amounts have no impact on a part-year tax return. the part year return only cares about the income earned while a resident of VA. I would submit you are overthinking it 😌
yesterday
This worked for me as well. Thanks. Its obviously a bug in TT. Deleting and adding again the same number solved it. So disappointed at TT that these kind of issues pop up every year now that wasn't t...
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This worked for me as well. Thanks. Its obviously a bug in TT. Deleting and adding again the same number solved it. So disappointed at TT that these kind of issues pop up every year now that wasn't the case a until 3 years ago. Seems like they are messing up a lot.
yesterday
@ Frank Scales wrote: I filled my taxes in February 2025 with TurboTax and can't get a update I have not gotten State or Federal First, you need to be sure the Federal and state returns were ...
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@ Frank Scales wrote: I filled my taxes in February 2025 with TurboTax and can't get a update I have not gotten State or Federal First, you need to be sure the Federal and state returns were successfully filed. Occasionally someone doesn't go all the way to the end to transmit the returns, or in some cases the efile is rejected. It depends on how you chose to file the return. If you filed a paper return by mail, TurboTax does not mail it for you. If you chose that method, you would have had to print it, sign it, date it, and mail it yourself. It takes at least 4 weeks for a mailed return to show up in the IRS WMR tool. If you efiled, double-check to be sure the returns were efiled successfully and accepted. If you used Online TurboTax, you can sign into your Online Account and check the efile status at the Tax Home. Which of the following terms is used there for the status of the Federal and state returns: accepted, rejected, printed, started, ready to mail, or something else? If that showed it was accepted, (or if you mailed a paper return), you can use the "Where's My Refund" tool at the IRS website below to monitor the status of your Federal refund. Is there any message there? https://www.irs.gov/wheres-my-refund When using that IRS tool, here are some tips: Be sure you enter the correct tax year, SSN, and filing status. Be sure you are using only the Federal refund amount. Do not include any state refund or any total refund or net refund (Fed and State) that TurboTax may have provided on a summary screen. Look at your actual Federal return to get the Federal refund amount to use in the tool, i.e., your Form 1040, Line 35a. As for the state return, if at the Tax Home it shows as accepted, or if you mailed the state return, this FAQ will tell you how to check on it. Choose your state from the table in this FAQ: FAQ: How do I track my state refund? https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-refund/track-state-refund/L3jgO8PGs_...
yesterday
I have not gotten State or Federal
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yesterday
@NCperson Yep, correct and you helped, thank you. I guess my issue is that TT doesn't do a good job of explaining as well as letting you know what forms will be populated with the information you are...
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@NCperson Yep, correct and you helped, thank you. I guess my issue is that TT doesn't do a good job of explaining as well as letting you know what forms will be populated with the information you are entering. I figured out how to attach the below snipping which is creating all the confusion. TT is asking to enter in capital gains and rental income earned while a VA resident. As a resident, I would enter 0. But then, I am not accounting for those amounts as a non-resident because TT doesn't ask to enter those further on.
yesterday
How do I get to a state return that I can print and mail without paying. The charge for each state is $45 each! When you go into the app and go to State Taxes and add a state, it automatically brings...
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How do I get to a state return that I can print and mail without paying. The charge for each state is $45 each! When you go into the app and go to State Taxes and add a state, it automatically brings you to a shopping cart and prepares to charge you $45 to get through it.
yesterday
yes for line 2 of the k-1 since you can't aggregate. if you don't enter them now, you will lose the benefit of any losses either when income is generated by it or when sold or if the partnership is t...
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yes for line 2 of the k-1 since you can't aggregate. if you don't enter them now, you will lose the benefit of any losses either when income is generated by it or when sold or if the partnership is terminated. also potential issues with the IRS.
say one has a 2024 loss but a profit in 2025 or a future year. you can't just reduce the income by the loss you never claimed. you would need to amend 2024 but if it's now 2028 it's now too late to amend 2024 so you can't claim the loss.
as for the portfolio income on line 5 i would enter for the primary k-1 along with line 1. it's not passive so has no effect on any other lines
since no details were provided for the other lines, I can't really say which k-1 is best. there should be a supplemental statement that might indicate which activity its associated with
yesterday
I donated the 2002 Honda Accord & I now have a 2002 Buick LeSabre Custom that was donated to me.
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yesterday
See if this helps. https://ttlc.intuit.com/turbotax-support/en-us/help-article/retirement-tax-credits-deductions/form-8915-f-qualified-2021-disaster-retirement/L7SfX6ZL1_US_en_US?uid=mdi9ujet
yesterday
If I don't talk to someone live, I'm going to remove my taxes from intuit turbo tax and file elsewhere.
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