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Dear Sirs: I made a grievous error in my 2024 return that I only noticed as I was preparing my 2025 return (TT 2025 desktop edition).  I finished my 2025 return, efiled it and it was accepted by bot... See more...
Dear Sirs: I made a grievous error in my 2024 return that I only noticed as I was preparing my 2025 return (TT 2025 desktop edition).  I finished my 2025 return, efiled it and it was accepted by both federal and state (9 April 2026).  The 2024 return was prepared on TT 2024 desktop edition, it was efiled before 15 April 2025.  It was accepted by both feds and state.     I know I must file a 1040X to amend the 2024 return.  Since I efiled in April of 2025, my computer was changed out (I removed the hard drive), so I could upgrade from MS Windows 10 to 11 (required for TT 2025 desktop edition).  So now TurboTax 2024 desktop edition is NOT installed on my new computer.   What should I do?  I still have the TT 2024 desktop edition product folder with its unique license code (used to download the TT 2024 desktop edition pro0gram in Spring of 2025).  Can I download the TT 2024 desktop edition program software AGAIN to amend the 2024 return?   Thanx, Moi
You can:  have a direct debit from your banking - fill in the information while on the FILE tab or pay the IRS - see Payments but  mark that you will mail a check to get the program to move o... See more...
You can:  have a direct debit from your banking - fill in the information while on the FILE tab or pay the IRS - see Payments but  mark that you will mail a check to get the program to move on. It isn't a tax return question.
The only place I know is when you enter a 1099R for military retirement from DFAS. Enter a 1099R under Federal Taxes Wages & Income Then scroll way down to Retirement Plans and Social Security T... See more...
The only place I know is when you enter a 1099R for military retirement from DFAS. Enter a 1099R under Federal Taxes Wages & Income Then scroll way down to Retirement Plans and Social Security Then IRA, 401(k), Pension Plan Withdrawals (1099-R) – Click Start   After you enter the 1099R keep going and you will come to a screen Where is your distribution from? Military retirement distribution Other distribution If you pick Military the 20,000 is subtracted on Schedule CA (540) on line 5 pensions. For taxable years beginning on or after January 1, 2025, and before January 1, 2030, California allows qualified taxpayers to exclude from gross income up to $20,000 of retirement pay from the federal government for service in the uniformed services or annuity payments received pursuant to a U.S. Defense Department Survivor Benefit Plan.  
Where to I submit the Veteran's Tax Deduction per SB 694 in the State of California which allows a $20,000 deduction from the gross earnings?
No, those are different plans so Medicare is not entered there. Since you have Medicare, you don't enroll in the marketplace. If you have Medicaid, it could be handled by NYS.   Reference: Medi... See more...
No, those are different plans so Medicare is not entered there. Since you have Medicare, you don't enroll in the marketplace. If you have Medicaid, it could be handled by NYS.   Reference: Medicare & the Marketplace  It’s against the law for someone who knows you have Medicare to sell you a Marketplace plan.
And sorry, If your income is 160,000 the 12,000 is phased out.......  
Hi yes, i did that and it addressed my issue. But now getting errors on States. I am now just guessing values, and trying to figure it out.
I have one account where it lists RIC plus a few additional countries. I can combine all into one RIC?  Then just add up the “qualified dividends” to input as foreign source income, correct? 
I want to make a change to one of my dependents after completing all other tax info, I'm using turbotax online. I went back to edit my profile and it shows three addresses (all the same) and each say... See more...
I want to make a change to one of my dependents after completing all other tax info, I'm using turbotax online. I went back to edit my profile and it shows three addresses (all the same) and each says there are no dependents.
@DavidD66 wrote: Under the IRS Final Tangible Property Regulations my opinion is that the replacement of a water heater is a repair. Your opinion but not the opinion of the IRS apparently:  ... See more...
@DavidD66 wrote: Under the IRS Final Tangible Property Regulations my opinion is that the replacement of a water heater is a repair. Your opinion but not the opinion of the IRS apparently:     https://www.irs.gov/pub/irs-prior/p527--2025.pdf
In TurboTax it list the question 1.  Do any uncommon situations apply? Someone co-owns this loan, and I only pay a portion of it.   The seller is financing this loan and I didn't rec... See more...
In TurboTax it list the question 1.  Do any uncommon situations apply? Someone co-owns this loan, and I only pay a portion of it.   The seller is financing this loan and I didn't receive a 1098. None of these apply.   If I were to select Yes someone co-owns this loan and I only pay a portion of it it ask for my partner's information. Afterwards I enter the amount each person is responsible for the interest and outstanding principal. I do a 50% split for these values and select yes the interest amount is different than what is on my 1098.   However when I go to federal review it almost DOUBLES the mortgage deduction.  Compared to when I select None of these apply I do not get prompted for my spouses information and when I enter the same numbers I get the deduction I would expect.    For tax purposes I feel like I am not selecting the first prompt correctly because Yes someone co-owns this loan with me however Turbo Tax under this selection is taking the limited deductible mortgage it calculates in deduction and credits and DOUBLES it during the federal review section unless I select None of these apply.
The Annuity Start Date is the date that the plan began paying out to you. So, it's not when you "retired" but when the annuity first started paying you (which may indeed have been in 1996).
Mileage for what exactly?   Business use Charity use Medical or Military moving
The 12,000 is just a new senior deduction.  It doesn't exemption the taxable amount of a Roth conversion.   It is automatic based on your age. It is not part of your Standard Deduction. The new Sen... See more...
The 12,000 is just a new senior deduction.  It doesn't exemption the taxable amount of a Roth conversion.   It is automatic based on your age. It is not part of your Standard Deduction. The new Senior Deduction is separate and in addition to the Standard Deduction or your Itemized Deductions on 1040 line 12e. The 6,000/12,000 senior deduction will be calculated on 1040 Schedule 1-A page 2 Part V Enhanced Deduction for Seniors which goes to 1040 line 13b with any other sch 1-A amounts. Turbo Tax automatically includes it if you qualify. For Single the deduction starts to phase out at 75,000 and maxes out at 175,000 For Joint the deductions starts to phase out at 150,000 and maxes out at 250,000 If you are married you have to file a Joint return And your SSN must be VALID for employment. Do NOT check the box saying Not Valid under My Info. 
For Online version You can preview the 1040 or print the whole return https://ttlc.intuit.com/community/accessing/help/how-do-i-preview-my-turbotax-online-return-before-filing/00/26160 What do you have on 1040 or 1040SR line 13b? See the 1040 ….        
Red means it was either overridden or invalid. Go into step-by-step and go back to the personal information section to correct the error. Go back through the interview and answer the questions in the... See more...
Red means it was either overridden or invalid. Go into step-by-step and go back to the personal information section to correct the error. Go back through the interview and answer the questions in there.