All Posts
Thursday
It depends. The rules for deducting alimony are noted below, review to see if you qualify.
Can I deduct alimony I paid to my ex-spouse?
You can deduct alimony paid to a former spouse as long...
See more...
It depends. The rules for deducting alimony are noted below, review to see if you qualify.
Can I deduct alimony I paid to my ex-spouse?
You can deduct alimony paid to a former spouse as long as the divorce or separation agreement was executed by December 31, 2018. There can be no modifications or updates to the agreement after that date.
AGI must be from your original 2024 tax return (amendments are not used if applicable).
Thursday
Yes to federal, no forms to file for the extension, it is automatic. Your state may or may not extend.
Thursday
You can go to the Form W-2G or Gambling winnings section under Income to report prize winnings.
In both TurboTax Desktop and TurboTax Online, after you enter any Forms W-2G, the next screen ask...
See more...
You can go to the Form W-2G or Gambling winnings section under Income to report prize winnings.
In both TurboTax Desktop and TurboTax Online, after you enter any Forms W-2G, the next screen asks:
"Let's look for winnings not reported on W-2G".
There, TurboTax provides entry fields for non-W-2G gambling winnings and for other types of prize winnings.
Line 8 of the Form 1040 states, "Additional income from Schedule 1, line 10". Schedule 1 contains a large number of items, some of which add to income and others which are subtracted from income and includes the gambling income.
If you received Form 1099-MISC, you can also choose to enter it in that section under Income and identify that it was not income from working so that it doesn't get misclassified as self-employment income:
Select Income from Form 1099-MISC under Wages and Income.
Enter the payer information and dollar amount
Enter a description for the payment
When asked about Uncommon Reasons, select that none apply or select one that adequately explains the reason
When asked about the frequency of payment, select received in 2023
When asked "Did (description) involve an intent to earn money?" answer No (that is, it is not earned income and therefore not subject to self-employment tax)
Form 1099-MISC is used by business payers to report certain types of miscellaneous compensation, such as rents, prizes, awards, healthcare payments, and payments to an attorney to the IRS and to the recipients of those payments.
Thursday
I tried and didn't get to speak with any tax experts.
Thursday
Nope. I had to paper mail the return. It's amazing how much money this terrible software extracts. They'd rather invest in lobbyists preventing the government implementing a filing solution worki...
See more...
Nope. I had to paper mail the return. It's amazing how much money this terrible software extracts. They'd rather invest in lobbyists preventing the government implementing a filing solution working for everyone. If I'm paper mailing the returns, it seems to me it should be pretty easy to create an agent that can create the forms for me. After all, the IRS publishes all the necessary information and it's a good example to train an agent on. One would need to spot check the forms, but I'm doing this with TT all the time anyways and discovering errors.
Thursday
Review the details in the link below to see the steps for a child on a parent's policy. Use the section that pertains to your circumstances.
I'm on my parents 1095-A form- what do I do on my ret...
See more...
Review the details in the link below to see the steps for a child on a parent's policy. Use the section that pertains to your circumstances.
I'm on my parents 1095-A form- what do I do on my return?
Thursday
Did you already mail the return? @asawesomecartman
Thursday
@lorne-reedhead ANNND...you enter ONLY the first three characters. Do Not enter the whole number.
Thursday
TurboTax Online will calculate estimated taxes for 2026 and prepare Forms 1040-ES if desired. It generally doesn't print the vouchers until you print the return.
You can also make the payment d...
See more...
TurboTax Online will calculate estimated taxes for 2026 and prepare Forms 1040-ES if desired. It generally doesn't print the vouchers until you print the return.
You can also make the payment directly to IRS online, and no vouchers will be needed.
See this help article for more information.
Thursday
The IRS is often late in their withdrawals.
Thursday
No, TurboTax does not actually get your W-2s. There are some employers or payroll processing services that will allow you to download your W-2 directly into TurboTax, but even then you also need the...
See more...
No, TurboTax does not actually get your W-2s. There are some employers or payroll processing services that will allow you to download your W-2 directly into TurboTax, but even then you also need the physical W-2 in hand to enter crucial information.
Take a look at the following TurboTax help article for some ideas about how to get a copy of your W-2:
How can I get a copy of my W-2?
Thursday
@char3rd ANNND...you enter ONLY the first three characters. Do Not enter the whole number.
Thursday
You can also set up an IRS account, after which you will be able to log in and view ALL of the information related to your federal tax filings and payments, https://www.irs.gov/payments/online-ac...
See more...
You can also set up an IRS account, after which you will be able to log in and view ALL of the information related to your federal tax filings and payments, https://www.irs.gov/payments/online-account-for-individuals
Thursday
The first page of your tax return PDF is the Filing instructions - that page will show the account and amount you have scheduled. It normally takes the IRS a few days to take the payment, but it i...
See more...
The first page of your tax return PDF is the Filing instructions - that page will show the account and amount you have scheduled. It normally takes the IRS a few days to take the payment, but it is effective the date you scheduled it and confirmed by your e-file acceptance.
See the IRS FAQ page
Thursday
To see the details of all elements on a tax return you have already filed, you can access your entire return and download it to your computer as a PDF file to view or print. Here are the instructions...
See more...
To see the details of all elements on a tax return you have already filed, you can access your entire return and download it to your computer as a PDF file to view or print. Here are the instructions: How do I get a PDF of my return?
If you have not yet filed your current year return, follow these instructions: Can I print a copy of my TurboTax Online return before I file it?
Thursday
I filed 3 returns - all owed tax federal and state - the state taxes have been deducted from the bank accts - the federal have not yet been deducted. Same routing and account numbers...should I be c...
See more...
I filed 3 returns - all owed tax federal and state - the state taxes have been deducted from the bank accts - the federal have not yet been deducted. Same routing and account numbers...should I be concerned?
Thursday
I sent the amount I owed but it will be less now if I put the alimony amount on the form
Topics:
Thursday
Rideshare is a self-employed business for Schedule C. You'll find Vehicle/Car Expenses under the list of business expenses for this topic. You have the choice to take the standard mileage deduction (...
See more...
Rideshare is a self-employed business for Schedule C. You'll find Vehicle/Car Expenses under the list of business expenses for this topic. You have the choice to take the standard mileage deduction (based on your mileage) or report your actual expenses (like tires, oil changes, etc.) The software will help you decide which is best for your situation.
In TurboTax Online, use this link to go to Schedule C and follow the interview.
Thursday
Clear cache and cookies on your web browser to clear the error
See this - https://ttlc.intuit.com/community/intuit-account-settings/help/how-do-i-clear-my-cache-and-cookies/01/2718836?search-ac...
See more...
Clear cache and cookies on your web browser to clear the error
See this - https://ttlc.intuit.com/community/intuit-account-settings/help/how-do-i-clear-my-cache-and-cookies/01/2718836?search-action-id=623447378732&search-result-uid=2718836
You complete your tax return by finishing all 3 Steps in the File section. In Step 3, to e-file your tax return, you must click on the large button labeled "Transmit my returns now".
After completing the File section and e-filing your tax return you will receive two emails from TurboTax. The first email when your tax return was transmitted and the second email when the tax return has either been accepted or rejected.
Thursday
If you are talking about HSA contributions, then HSA contributions made through the employer (both employer contributions and employee contributions made by payroll deduction) are shown on the W-2 in...
See more...
If you are talking about HSA contributions, then HSA contributions made through the employer (both employer contributions and employee contributions made by payroll deduction) are shown on the W-2 in box 2 with a code of W.
The "personal" HSA contributions - that is, contributions not made through the employer - do not appear on the W-2; the taxpayer is expected to track these contributions themselves. Of course, they should be visible in the online account for the HSA.