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Where does illinois form 2024 il-1120-ST line 14 and form K-1-P come from? Turbo Tax entered it correct?
What are documents that non-residency of the state? Showing the residency in another state is it enough? 
Hola que tal, quisiera preguntar sobre el numero ITIN de mi esposa, como en abril mande una enmienda ya que tuve un error e hice mis taxes como soltero por eso envié la enmienda para cambiarlo a casa... See more...
Hola que tal, quisiera preguntar sobre el numero ITIN de mi esposa, como en abril mande una enmienda ya que tuve un error e hice mis taxes como soltero por eso envié la enmienda para cambiarlo a casado Envié en un paquete el formulario 1040 y 1040X mío y el formulario W7 (datos de mi esposa) y el pasaporte mexicano de mi esposa porque ella es de México y no tiene SSN ni numero ITIN Si recibí un cheque de parte del IRS en agosto entonces supongo que si se hizo el cambio del estado civil en mis taxes, pero no he recibido nada acerca del numero ITIN para mi esposa ni su pasaporte Ya espere cerca de 2 meses pero no he recibido respuesta ni nada acerca del numero ITIN para mi esposa y ya me estoy preocupando ya intenté comunicarme con el IRS pero no me dan una respuesta clara y se me complica hablar por teléfono porque las llamadas se cortan al pasar 5 o 10 minutos cuando me contesta un agente. Sabrán si puedo acudir personalmente a las oficinas del IRS en Austin TX para preguntar que pasa o bien si me pueden regresar el pasaporte de mi esposa ya que lo necesito porque ya falta poco tiempo para la próxima temporada de impuestos. Saben a que dirección exactamente podría acudir o si necesitaria cita para ser atendido De ante mano muchas gracias y espero me puedan apoyar
Question for @zomboo.  My situation is similar to rvijayc.   The year 2024 starts out with outstanding loan on main house.  $315k taken out in 2016. House sold June 10, 2024 when payoff balance was $... See more...
Question for @zomboo.  My situation is similar to rvijayc.   The year 2024 starts out with outstanding loan on main house.  $315k taken out in 2016. House sold June 10, 2024 when payoff balance was $265k; proceeds paid it off.  Then, 10 days later, borrowed $1.3M for new house.  Based on how I interpret the spirit of the law, one average running balance should be computed starting with 12/31/23 and ending on 12/31/24.  Based on the # of days method, the avg daily bal is $860k, excluding the 10 days in between that there was no loan (-0- bal). FYI, the average MONTHLY balance of the two consecutive loans is $811k and the SIMPLE average is $810,720.    To ADD the two loans together as forced by the IRS worksheet, the avg loan bal is $1.6M.  Makes no sense.  Not on one day was the loan balance that high. The two loans were not outstanding simultaneously.  How can the law require adding two loans together that didn’t exist together?   Is it Ok to override the Turbotax calculation for avg loan balance and enter $860k?    
My husband and I are considering converting our remaining 4 Traditional IRA accounts to Roth this year.  Two of those accounts are nondeductible accounts (earnings are taxable) and the other two are ... See more...
My husband and I are considering converting our remaining 4 Traditional IRA accounts to Roth this year.  Two of those accounts are nondeductible accounts (earnings are taxable) and the other two are traditional deductible accounts.  We have converted several other IRA accounts to Roth years ago and also have other Roth IRA accounts that were established as Roth.  I am assuming that the pro rata rule will apply.  But does this rule apply only to the 4 accounts that we are considering converting or do I have to include the previously converted accounts and/or the accounts that were originally started and contributed to as Roth?  
No one in the user forum can control the screens you navigate to.     Go to Federal>Wages & Income to enter a W-2.   You are posting from TurboTax Live.  You can arrange for the Live help you... See more...
No one in the user forum can control the screens you navigate to.     Go to Federal>Wages & Income to enter a W-2.   You are posting from TurboTax Live.  You can arrange for the Live help you are paying the extra fee for with your questions from 5 a.m. to 5 p.m. Pacific time.   https://ttlc.intuit.com/turbotax-support/en-us/help-article/product-setup/connect-tax-expert-turbotax-live/L73wOZD5D_US_en_US?uid=m8zw1pbb  
You are not required to enter a state ID or drivers license to e-file your federal return.   Entering the ID adds some security but is not required so you can skip that screen.   Some states are pret... See more...
You are not required to enter a state ID or drivers license to e-file your federal return.   Entering the ID adds some security but is not required so you can skip that screen.   Some states are pretty picky about the state ID; if your state will not take your ID you may need to file the state by mail.
TurboTax gets no information from the IRS after your return has been accepted for processing, so no one at TT knows that you are under review.   TT cannot find out anything for you.  Your only source... See more...
TurboTax gets no information from the IRS after your return has been accepted for processing, so no one at TT knows that you are under review.   TT cannot find out anything for you.  Your only source of information is the IRS. If the IRS wants any other information from you they will mail a letter to you to request it.   Watch the IRS refund site for information.   You need your filing status, your Social Security number and the exact amount  (line 35a of your 2024 Form 1040) of your federal refund to track your Federal refund:    https://www.irs.gov/refunds  
Depends your overall situation and what RMDs you're trying to optimize and when and the projected tax rates on those distributions; so those are questions for your wealth and accounting people.  But ... See more...
Depends your overall situation and what RMDs you're trying to optimize and when and the projected tax rates on those distributions; so those are questions for your wealth and accounting people.  But generally paying a high tax rate now erodes the future benefit of doing the conversion.  You could convert that additional 70k in January and likely still pay less tax than doing it in this year, without affecting the 'time' in the Roth by much.
I appreciate that you are trying to save me money on my taxes this year.  What confuses me about your concern is that I thought the whole point of a Roth Conversion is to save me taxes that I will pa... See more...
I appreciate that you are trying to save me money on my taxes this year.  What confuses me about your concern is that I thought the whole point of a Roth Conversion is to save me taxes that I will pay on my IRA withdrawals in the future.   So won't a $100,000 dollar conversion this year, be better for reducing the  taxes on my IRA withdrawals in the future?    
supposedly it's reopened til Sunday   See Re: ItsDeductible Shut Down Today - Here's How to Save Your 2025 Data
supposedly it's been reopened til Sunday   See Re: ItsDeductible Shut Down Today - Here's How to Save Your 2025 Data
It also is messing up loss allocation. I've spent 7 hrs with phone support and none of the 4 can tell me how to fix.
@dev145 Thank you so much!   One more question. We donated to a new built church for around $20000 because of their urgent needs. The donation amount covers our entire W-2 of this year (more than... See more...
@dev145 Thank you so much!   One more question. We donated to a new built church for around $20000 because of their urgent needs. The donation amount covers our entire W-2 of this year (more than our incomes). Usually how could we list this donation into our tax form to get a full tax refund? Will that affect the FICA amount? Thanks again.   
After the W2 page I could not continue because I have a Mac only PC's were okay.
Reopened until Sunday (10/26).   See Re: ItsDeductible Shut Down Today - Here's How to Save Your 2025 Data