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dallasjh89

Thank you so much, you were a huge help!

Robertjd87

Mike9241

capital loss carryforwards will be used to the extent of capital gains + $3,000. look at schedule D.

MaryK4

To receive a certified version, you cannot simply download it; you must submit a formal request and have it processed by the state. Use the official Request for Copy of Tax Returns (DR 5714) form...

To receive a certified version, you cannot simply download it; you must submit a formal request and have it processed by the state. Use the official Request for Copy of Tax Returns (DR 5714) form. On the form, you must explicitly check the box for a "Certified Copy" rather than just a standard copy. For security and identity protection, your signature on Form DR 5714 must be notarized before submission. The Colorado Department of Revenue does not accept these requests via fax, email, or digital upload due to the requirement for original signatures. Mail the notarized form to: Colorado Department of Revenue Tax Files — Room B112 P.O. Box 17087 Denver, CO 80217-0087

bwaggoner

CROWNER3

MindyB

Here is how to amend a return to update for the 1099-R, from How do I amend my federal tax return for a prior year?: "TurboTax Online 1. On the Tax Home screen, scroll down to Your tax return...

Here is how to amend a return to update for the 1099-R, from How do I amend my federal tax return for a prior year?: "TurboTax Online 1. On the Tax Home screen, scroll down to Your tax returns & documents and select 2025. 2. Select the Amend (change) return dropdown, then Amend using TurboTax Online. If you're told to amend your return via TurboTax Desktop, follow the steps for TurboTax Desktop instead. 3. Continue through the screens, make the changes you need to make, and carefully answer the remaining questions to finish amending your return."

rags01

I had to reinstall TT premier , i had downloaded the NY tax and worked on it , but after reinstall it keeps looping tax software is uptodate and does not load state form. i have uninstalled a...

I had to reinstall TT premier , i had downloaded the NY tax and worked on it , but after reinstall it keeps looping tax software is uptodate and does not load state form. i have uninstalled and rebooted and installed fresh

MaryK4

Yes, it is perfectly fine for your entry to appear under the "1099-B" section even though you have a 1099-S. TurboTax uses the same investment interview (Form 8949/Schedule D) to process most propert...

Yes, it is perfectly fine for your entry to appear under the "1099-B" section even though you have a 1099-S. TurboTax uses the same investment interview (Form 8949/Schedule D) to process most property and asset sales. Since you sold a permanent easement but still own the underlying land, you usually do not have to pay tax on this money immediately. Instead, the IRS considers this a "recovery of cost". You should reduce the original cost (basis) of your property by the amount you received ($9,475). Because the IRS received a copy of your 1099-S, you must report it to avoid a mismatch notice. To make it non-taxable: Enter $9,475 as the Sales Proceeds. Enter $9,475 as the Cost Basis (this results in $0 gain). Keep a record that your property's actual basis has now decreased by $9,475 for when you eventually sell the entire property in the future.

user17759252557

I just filed my state a local tax returns. (Federal already accepted, State pending.) Now I located a 1099-R that was not entered. It has the impact of reducing what I owe to federal and increasi...

I just filed my state a local tax returns. (Federal already accepted, State pending.) Now I located a 1099-R that was not entered. It has the impact of reducing what I owe to federal and increasing what I owe to state. How do I used TurboTax to amend the return? I'm most concerned with the underpayment to state.

AnnetteB6

As long as you have documentation for the expenses, there is no reason to be concerned that your rental property is showing a loss for 2025. This can happen from time to time, especially when repair...

As long as you have documentation for the expenses, there is no reason to be concerned that your rental property is showing a loss for 2025. This can happen from time to time, especially when repairs or improvements are made between tenants. Keep your receipts and documentation of the work that was done with your other tax paperwork.

ReneV4

Each Form 1099-R is uploaded into TurboTax separately, so you can simply take a photograph of the second Form 1099-R when you are finished uploading and entering the first 1099-R into TurboTax. ...

Each Form 1099-R is uploaded into TurboTax separately, so you can simply take a photograph of the second Form 1099-R when you are finished uploading and entering the first 1099-R into TurboTax. To upload your 1099-Rs using the "Snap a photo" feature in TurboTax, do the following: Go to Income on the left panel within your TurboTax account Click on the Start to the right of IRA, 401(k), Pension Plan Withdrawals (1099-R) Click on the +Add a 1099-R to the right of your 1099-R Snap a photo, Continue Follow the prompts to securely upload your first 1099-R After you have finalized the first 1099-R entry, repeat the above steps for your second

JerryFlorida

I'm using the desktop version of TurboTax Premiere. Somehow I entered something incorrectly and it's basically double counting my health insurance premiums as a self employed person. I'm not sure whe...

I'm using the desktop version of TurboTax Premiere. Somehow I entered something incorrectly and it's basically double counting my health insurance premiums as a self employed person. I'm not sure where to go and clear out this second entry. Can somebody give me some guidance?

upsraghu

GA exemption for over 65 is 65000 and between 62 and 65 years is 35000. Yes I allocated the capital gains, Interest and dividends among the joint filers. I was asked the question to do it again in t...

GA exemption for over 65 is 65000 and between 62 and 65 years is 35000. Yes I allocated the capital gains, Interest and dividends among the joint filers. I was asked the question to do it again in the GA tax. It should have reduced it by the max but for some reason it did not. Seemed to be it did not include the interest and dividends. When i forced the entry and ignored the error, it totaled 100K for both filers

MaryK4

For the 2025 tax year, most New Hampshire residents are not required to file a state return at all so no state extension is needed. New Hampshire is a unique state for tax filing because it does not...

For the 2025 tax year, most New Hampshire residents are not required to file a state return at all so no state extension is needed. New Hampshire is a unique state for tax filing because it does not have a personal income tax on W-2 wages. Historically, residents only filed a state return (Form DP-10) if they had significant investment income, but as of January 1, 2025, the Interest and Dividends (I&D) Tax has been fully repealed.

MamaC1

Thank you soooo much for the quick response. I do have one other question. My SC return is showing a standard deduction adjustment under the Federal to State Differences addback OBBB Smart Workshee...

Thank you soooo much for the quick response. I do have one other question. My SC return is showing a standard deduction adjustment under the Federal to State Differences addback OBBB Smart Worksheet of $1,500 plus an additional amount for my overtime earnings adjustment as a total add back to income for SC purposes. Is this correct? I can't see to click even in the forms to see where the $1,500 came from.

DC3

Agree, and in past years they did include one state e-file. They did not inform regular users of the change this year, which feels very deceptive. It's disappointing.

jotlaptop

Today my form1040 owes some money; but I will take the form1116 tax credit on my 2025return next month, after I file & pay my Portugal tax. Therefore, the money that I owe to US will be reduced, so ...

Today my form1040 owes some money; but I will take the form1116 tax credit on my 2025return next month, after I file & pay my Portugal tax. Therefore, the money that I owe to US will be reduced, so therefore I do not need to pay any estimated amount now, as the final calculation next month will be less than my 2025withholding. Correct? (in principle)

simplelife

My return is utilizing more losses from carry forward than it should. Why?

auntnana23

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Re: Sold permanent easement with NC department of transportation

If I bought a car last year, and the dealer registered it(i ultimately paid for it} does this qualify as my registering my car?

Re: Capital Gains /losses doesn't sum up

Re: can I get a 2025 certified Colorado tax return

Where do I enter 1099-MISC for gambling win and gambling losses?

Why won't turbo tax let me enter 1099R manually? when I click on financial institution box it won't go further?

Re: Ammending a Return

Re: Turbo Tax Business State Return not loading

Re: Sold permanent easement with NC department of transportation

Ammending a Return

Re: First year of rental loss

Re: I photographed one 1099-R, but how do I photograph a second one?

Self Employed Health Insurance Deduction Calculation Error

Re: GA Senior Exclusion

Re: how can I download my NH state retrun

Re: Should I file our South Carolina returns since not in compliance with OBTB? I am owed a refun...

Re: Turbo Tax has false advertising . No where do they say fr...

Re: Can I take a Foreign Tax Credit for foreign taxes paid on my US retirement income?

Capital Gains /losses doesn't sum up

Need to delete all data. Filed with local professional and this needs to be cleared.

Do you have a TurboTax Online account?

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