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Are YOU (an individual person) buying the stock that the other person owns?  Or is the corporation buying back its own stock?   In most cases, the individual (you, as a person, not the corporation)... See more...
Are YOU (an individual person) buying the stock that the other person owns?  Or is the corporation buying back its own stock?   In most cases, the individual (you, as a person, not the corporation) buys the stock.  If that is the case, you don't report anything in connection with the purchase of the shares.   You just keep track of what you paid for it.
Are you sure you paid the tax and the penalty for missing the RMD?  You probably only paid the penalty.   Otherwise you would have needed to fill out an amended 1040X to add the RMD to your 2023 retu... See more...
Are you sure you paid the tax and the penalty for missing the RMD?  You probably only paid the penalty.   Otherwise you would have needed to fill out an amended 1040X to add the RMD to your 2023 return.  I think you still need to pay the tax on it since you took it in 2024.  @dmertz 
In the very unlikely event of an audit what you posted would be sufficient proof. Yes, your payment plan is not relevant. 
Did you use the Turbo Tax Business program?   Then the only copy is on the computer you used.   You should have saved the return as a pdf file.   Both the pdf file and data file ending in .tax2023 sh... See more...
Did you use the Turbo Tax Business program?   Then the only copy is on the computer you used.   You should have saved the return as a pdf file.   Both the pdf file and data file ending in .tax2023 should be in your Documents folder then in a Turbo Tax subfolder.  If you don’t have the pdf file you need the program installed to open the .tax2023 file.   You can probably get a copy from the IRS.  
@fanfare The taxes were not withheld; we paid them directly to the IRS. Box 4 on the 1099-R (Federal income tax withheld) is $0. 
I am planning to reimburse myself for HSA eligible medical care in retirement and have chosen to pay using my Credit Card rather than with HSA funds.   I understand you need to keep proof of paymen... See more...
I am planning to reimburse myself for HSA eligible medical care in retirement and have chosen to pay using my Credit Card rather than with HSA funds.   I understand you need to keep proof of payment, and proof that the expense was HSA eligible in order to reimburse yourself for however long you wait (for me likely 30-40 years).   My question is about what qualifies under these and if I am doing it right: I am using my insurance explanation of benefits as the proof that the care was HSA eligible. Do I need additional proof for that aspect?   For my proof of payment I am going into my credit card transactions segregating the singular transaction and just printing that, rather than waiting for my full statement and including all of it. Is that sufficient, or do I need my full credit card statement as proof of payment. Or are credit card statements and EOB combined not considered sufficient and I need an itemized receipt showing paid in full?(I haven't received one yet)   One final question. I set up a payment plan for the expense, would that make some sort of difference in the way I treat a distribution later on? Or as long as it all adds up to the correct amount it is fine to just track each payment individually? Maybe I am overthinking this but just don't want to find out later on that I did it wrong and they disallow all my expenses. Thanks!
you also have to deal with the bloatware that comes with pre-built computers. 
the next year what-if in Turbotax for 2024 does not reflect the recent tax law changes. You are really on your own because I doubt most of them will be reflected until Turbotax 2025 is released usual... See more...
the next year what-if in Turbotax for 2024 does not reflect the recent tax law changes. You are really on your own because I doubt most of them will be reflected until Turbotax 2025 is released usually in November but 2025? Tax software companies have to wait for the IRS to clarify some the rules before the new rules can be incorporated it into their apps. You could look at some of the online 2025 calculators, but their accuracy would be in question - they have the same issue as the software companies. It could be January 2026 before most of them are incorporated 
The simplest solution is to retain the basis of zero for those transactions. It will be a small amount that requires tedious calculation.     @stafford2019 
Email is not one of the ways to contact customer support.   Phone support is not provided with the Free Edition.  If you are using a paid version of the software or if you purchased PLUS you can ... See more...
Email is not one of the ways to contact customer support.   Phone support is not provided with the Free Edition.  If you are using a paid version of the software or if you purchased PLUS you can get phone support when customer support is there.  Otherwise, post your question here and someone will try to help.   To call TurboTax customer support https://ttlc.intuit.com/turbotax-support/en-us/help-article/account-management/contact-turbotax/L2y9ZKpQB_US_en_US?uid=m5s9l2vh   https://twitter.com/TeamTurboTax or https://www.facebook.com/turbotax    
   You will be able to access the 2023 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 ... See more...
   You will be able to access the 2023 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.       Start a 2024  return online and enter some personal information  so that the menu on the left opens up and lets you access your past year returns.   Online tax preparation and e-filing for 2023 returns is now permanently closed.    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 2023 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.  
Turbo Tax Online opens 2024 but not 2023 even though I have purchased it and used it for an extension. i need to have full access to complete my 2023 taxes
Tas withheld on RMD is withholding, Line 25b. Just enter the 1099-R.   Your actual tax is then calculated by TurboTax after all your entries.   Note:  Due to 2024 TurboTax issues. to avoid wrong... See more...
Tas withheld on RMD is withholding, Line 25b. Just enter the 1099-R.   Your actual tax is then calculated by TurboTax after all your entries.   Note:  Due to 2024 TurboTax issues. to avoid wrongful penalty, for each 1099-R, tell TurboTax that the distributed amount is the calculated required amount.     @LynK   
You take the 300 penalty for a private use mail envelopes, And you write On the envelope that you accept the peace offer Which it is and you take a form from the PS 8096 and you fill it out you go to... See more...
You take the 300 penalty for a private use mail envelopes, And you write On the envelope that you accept the peace offer Which it is and you take a form from the PS 8096 and you fill it out you go to your post office with it And they will stay in time stamp and then mail it back to IRS to receive the credits. If you have black writing, then it’s $300 if it’s written and red it’s $600 any envelopes that come with a four minute like when I order my tax form from the IRS sometimes I get it on the envelope and sometimes it comes on a itemized sheet With the forms and publications that I’ve ordered on there and it’ll say penalty for private use on that sheet as well collect them all save them all and do as I tell you to do because it’s true and if you don’t believe me, that’s fine I don’t expect you to, but before you can call somebody a liar or accuse him I’m not telling the truth you got a first at least try out the method to debunk it.  
No one can see your screen or your tax return.  We do not know what you entered.   To enter a 1099DIV Go to Federal>Wages & Income>Interest & Dividends>Dividends on 1099DIV   To enter a 109... See more...
No one can see your screen or your tax return.  We do not know what you entered.   To enter a 1099DIV Go to Federal>Wages & Income>Interest & Dividends>Dividends on 1099DIV   To enter a 1099B Go to Federal>Wages & Income>Investment Income>1099B or broker statements