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yesterday
Hello, Thank you for your response. The thing that's wrong is my YTD when the companies switched, says I'm currently making $15,000 over what I actually made. I'm just not sure how that will mess...
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Hello, Thank you for your response. The thing that's wrong is my YTD when the companies switched, says I'm currently making $15,000 over what I actually made. I'm just not sure how that will mess with things.
yesterday
@dmoe54 If you have solar credits to use, then the tax software will use that credit to reduce or eliminate your calculated tax liability....irrespective of whether or not you have tax withheld ...
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@dmoe54 If you have solar credits to use, then the tax software will use that credit to reduce or eliminate your calculated tax liability....irrespective of whether or not you have tax withheld when your pension is distributed. The tax liability is the tax calculated before considering any tax prepayments you might have made thru withholding or paid-in quarterly estimates. ie. the tax credit is applied the calculated tax BEFORE your withholding is considered. Thus: 1) if your Solar credit eliminates the calculated tax, then you get any withholding back as a refund. 2) IF you have no withholding, and the solar credit eliminates the calculated tax, then you don't owe, nor get any refund...and any excess credit is just carried over to be used next year. 3) I you have no withholding, and the calculated tax is not eliminated by the solar credit, then you may owe some taxes when you file.
yesterday
Have you bought the new year’s program yet? See Why do I have to pay to access…..in Quick Employer Forms FAQs https://quickemployerforms.intuit.com/faq.htm
yesterday
Sorry For 2025 You will need Mac OS Sonoma 14 or later https://ttlc.intuit.com/turbotax-support/en-us/help-article/download-products/end-support-mojave-10-14-affect-turbotax/L1XeIVbOY_US_en_US
yesterday
Depends on what was wrong. They won’t be filling the W2 until January so it should get corrected by then. And you pay taxes on the taxable amount not the gross amount. The gross amount includes...
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Depends on what was wrong. They won’t be filling the W2 until January so it should get corrected by then. And you pay taxes on the taxable amount not the gross amount. The gross amount includes everything even pre-tax items so the gross can be a lot more.
yesterday
Thank you I will check it out. I still have a question about how to extract my existing data out of It's Deductible as I have tracked all my donations in it up until it was decommissioned. Does anyon...
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Thank you I will check it out. I still have a question about how to extract my existing data out of It's Deductible as I have tracked all my donations in it up until it was decommissioned. Does anyone know who to contact at Intuit to help me get access to that information?
yesterday
We have EE bonds that have matured this year, how will this impact the taxes that I have to pay for them?
Audrey W.
yesterday
The YTD gross on my paycheck is incorrect by about $15,000. I have told my HR department about it, but it hasn't been fixed yet. How will this effect taxes if they don't correct it?
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yesterday
It seems not as I paid for and downloaded TT 2025 for Mac and it won't open on my desktop iMac
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yesterday
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yesterday
You can basically treat the income and expenses as all of the owners agree and see fit. However, I'd urge caution on varying this arrangement from tax year to tax year based solely on taxable inc...
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You can basically treat the income and expenses as all of the owners agree and see fit. However, I'd urge caution on varying this arrangement from tax year to tax year based solely on taxable income of each owner since such an arrangement would lack economic substance (i.e., it would have no purpose other than tax avoidance).
yesterday
Hi @elaine91 Thanks for joining the community! There may be some credit cards that allow paying rent. Try searching "Which credit card can I pay rent with?" to start your research. Here's some a...
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Hi @elaine91 Thanks for joining the community! There may be some credit cards that allow paying rent. Try searching "Which credit card can I pay rent with?" to start your research. Here's some articles and a discussion on how to start building your credit: -How to build your credit -How to increase your credit score -How to Raise Your Credit Score Perhaps some others here on the community will have tips for you as well. Best of luck!
yesterday
I moved to a condo this past September and rent a room from my brother. I don't have a credit score right now because I haven't used any credit cards or taken out any loans. I hope to build my cred...
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I moved to a condo this past September and rent a room from my brother. I don't have a credit score right now because I haven't used any credit cards or taken out any loans. I hope to build my credit score, and I looked up that I can do so by reporting my rental payments. It is my first time renting from anywhere. I pay my brother my rental payments through Zelle. I tried using Experian to report my rent, but it wasn't getting me anywhere. I was using Experian Boost, and it just scanned my bank and did nothing else. I tried calling customer service, but it also led to no results, as the representatives I spoke to didn't quite understand what I was asking, even after I tried to explain it a couple of times. I did look up sites I can use to report my rent, even though I use Zelle, and one site that came up was called Boom, which acts as a third party to send my reports to a credit bureau. What I want to know is if there is anything else I need to do to report my rent and, in turn, build up my credit?
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yesterday
OK, thank you. It sounds like it may not be reliable for running EOY tax planning scenarios just yet.
yesterday
Or... was the word "failed" a typo---do you mean that you filed a tax return?
You have to access your own account and/or print it for yourself using exactly the same account and user ID ...
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Or... was the word "failed" a typo---do you mean that you filed a tax return?
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.
yesterday
The online software for 2025 is not yet available; the desktop download has been available for several weeks. Although some of the tax law changes are in the software, he desktop version is still l...
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The online software for 2025 is not yet available; the desktop download has been available for several weeks. Although some of the tax law changes are in the software, he desktop version is still lacking in some forms and many updates will be needed.
yesterday
Hi. He was a fulltime student through May of 2025 (meets the 5 month test), he provided for less than 50% of his support, and he will turn 23 in late December 2025. So yes, he does qualify to be my t...
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Hi. He was a fulltime student through May of 2025 (meets the 5 month test), he provided for less than 50% of his support, and he will turn 23 in late December 2025. So yes, he does qualify to be my tax dependant for 2025. (My crystal ball wasn't very clear in Dec 2024 when I had to make these decisions how the future world would look.) What i meant by him being 'well short of the qualification income threshold' is that he won't earn enough ($10k in 2025 income) to even qualify for APTC on his own, and if I don't claim him as a tax dependant for 2025 and include his 1095-A info on my return as my dependant, he will have to pay back the entire APTC amount for 2025 - which is very significant. So it sounds like even though I told Marketplace when I enrolled him last year that he would NOT be my dependant for 2025 tax year, I can simply file my 2025 return listing him as my dependant to reconcile his 1095-A Form numbers using Form 8962 (and he will file his return as a dependant to get refunded his fed/state statutory withholdings), and this will all reconcile out fine; I will have to repay a small, manageable amount of our combined APTC since we will all three (me, wife and son) will all be one happy tax family with a slightly larger total income and be eligile (in total) a slightly larger subsidy amount (maybe?). Does that all sound correct? Thanks
yesterday
See https://ttlc.intuit.com/turbotax-support/en-us/help-article/loans/whats-turbotax-flex-advance/L2Xg6I...