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a week ago
I’m now preparing for year-end tax planning. In the past, I would download the TT Software to my desktop computer and start my return in January – February. During the March–April time period, I wo...
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I’m now preparing for year-end tax planning. In the past, I would download the TT Software to my desktop computer and start my return in January – February. During the March–April time period, I would vacation somewhere and install my already purchased TT on my laptop to complete my return and file at a different location. Am I still going to be able to install TT on multiple machines? I thought I read somewhere that the future years TT will be only web-based. Is this correct? I am a long-time user of TT and prefer the peace of mind that my return is not sitting out there, with all the details that went into creating it, on some server. Is TT doing away with downloading the TT executable software onto our personal devices? Or, will it be optional to use the web or our own devices?
a week ago
If TurboTax offers a 2025 tax refund advance, it will not be available until after January 1, 2026 and you will need to have completed the 2025 tax return with a tax refund before the offer will even...
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If TurboTax offers a 2025 tax refund advance, it will not be available until after January 1, 2026 and you will need to have completed the 2025 tax return with a tax refund before the offer will even become available.
a week ago
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/
...
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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.
a week ago
E-filing is permanently closed for 2024 returns. The only way you can file a 2024 return now is to print it, sign and date it in ink, and mail it in.
When you mail a tax return, you need ...
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E-filing is permanently closed for 2024 returns. The only way you can file a 2024 return now is to print it, sign and date it in ink, and mail it in.
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.
a week ago
E-filing is closed---so "fixing" your return will not enable you to e-file. Most rejections are for AGI. AGI no longer matters. A 2024 return can only be filed by mail now. You will need to p...
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E-filing is closed---so "fixing" your return will not enable you to e-file. Most rejections are for AGI. AGI no longer matters. A 2024 return can only be filed by mail now. You will need to print it, sign and date it in ink, and mail it in an envelope.
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.
a week ago
You will not be able to use "refund processing" now because e-filing is permanently closed for 2024 returns. Your fees must be paid upfront using a credit or debit card. Your 2024 return has to be...
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You will not be able to use "refund processing" now because e-filing is permanently closed for 2024 returns. Your fees must be paid upfront using a credit or debit card. Your 2024 return has to be filed by mail in an envelope.
You will be able to access the 2024 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 2024 returns is now permanently closed. The system is in transition from 2024 to 2025.
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 2024 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.
a week ago
So sorry for your loss. You will need to get his W-2 from the employer. Are you trying to prepare a 2024 return or starting to work on 2025? The employer has until the end of January 2026 to is...
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So sorry for your loss. You will need to get his W-2 from the employer. Are you trying to prepare a 2024 return or starting to work on 2025? The employer has until the end of January 2026 to issue a W-2 for 2025.
For the year that your spouse died, you can still file a joint return. That way, you will get the 2024 married filing jointly standard deduction of $29,200 (+ $1550 for each spouse 65 or older) which will lower the amount of income you are taxed on. For a 2025 return those amounts are $31,500 (+ $1600 for each spouse 65 or older) and an extra $6000 deduction for each spouse 65 or older--phased out at certain income levels.
In My Info, you will need to indicate that your spouse died. When his name is in My Info, there is a screen early in the interview that asks "Do any of these apply to [name] ?’” where you will do that, and then a drop down will appear where you can enter the date he passed.
If you have qualifying dependent children you will be able to file as a qualifying surviving spouse (QSS) for the next two years after this tax return. Post back if you need further help.
https://accountants.intuit.com/support/en-us/help-article/tax-filing-status/claiming-qualified-surviving-spouse-filing-status/L7al83jU1_US_en_US
a week ago
2 Cheers
MA won’t let you file jointly. You and your spouse must both be MA residents, with the same residency period.
https://www.mass.gov/info-details/filing-status-on-massachusetts-personal-income-tax#...
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MA won’t let you file jointly. You and your spouse must both be MA residents, with the same residency period.
https://www.mass.gov/info-details/filing-status-on-massachusetts-personal-income-tax#married
TurboTax will let you create tax returns for federal MFJ and state MFS. Unless things have changed, you need the desktop version for this.
a week ago
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a week ago
I am currently selling online with goods and would like to switch to LLC. I am trying to understand the assets transfer portion. For example, if I own $4,000 parts and want to transfer to my LLC, wo...
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I am currently selling online with goods and would like to switch to LLC. I am trying to understand the assets transfer portion. For example, if I own $4,000 parts and want to transfer to my LLC, would LLC purchase the good from myself and mark as inventory with cost under the LLC? I would then file an income tax because I sold the items, correct? Or could it be mark as lose only when the item is sold?
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a week ago
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a week ago
Is it too late in the year where I can't pay for turbo tax out of my federal refund. I don't owe money in and nothing preventing me from filing
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a week ago
code IND-517-02
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a week ago
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a week ago
I do not file on-line with Turbo Tax. How do I delete the account?
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a week ago
1) yes. correct 2) yes. correct 3) Can not deduct the mileage The temporary job must be in the same trade or business in order to deduct the mileage and you state it is in an unrelated industry....
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1) yes. correct 2) yes. correct 3) Can not deduct the mileage The temporary job must be in the same trade or business in order to deduct the mileage and you state it is in an unrelated industry. Look at the explanation just below the graphic: Temporary work location. If you have one or more regular work locations away from your home and you commute to a temporary work location in the same trade or business, you can deduct the expenses of the daily round-trip transportation between your home and the temporary location, regardless of distance. If your employment at a work location is realistically expected to last (and does in fact last) for 1 year or less, the employment is temporary unless there are facts and circumstances that would indicate otherwise.