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Gambling losses are not deductible unless you have gambling winnings you are reporting and then you must itemize your deductions in order to claim the gambling losses.  Then they are only deductible ... See more...
Gambling losses are not deductible unless you have gambling winnings you are reporting and then you must itemize your deductions in order to claim the gambling losses.  Then they are only deductible up to your winnings.  If you had gambling winnings, you can report them by selecting the following: Federal Income Prizes, Awards, and Gambling Winnings under Less Common Income   For 2025, car loan interest deduction is capped at $10,000.  This is an above the line deduction, not a credit meaning it will lower your AGI and taxable income.  It will not be an amount that is refunded to you, but it could result in a refund by lowering your taxable income.  Since you have $0 income, you would not be able to claim this deduction.    If your only income in 2023 was as an employee with a W-2 where you earned $800, you would likely not need to file a tax return for 2023, unless they withheld taxes and you are filing to get a refund of the money they withheld and/or possibly claim the Earned Income Tax Credit.  If you are filing for a refund, then you have up to 3 years from the time the return was due  to file to claim the refund.  So, for 2023 tax year, you would have until April of 2027 to file the return to claim the refund.  You can file that return by downloading TurboTax 2023.     
Does your 1099-R have an amount in box 16 - State Distribution?  If you have an amount on line 14 of your 1099-R you must enter an amount for line 16 that is at least as much as line 14.  If line 16 ... See more...
Does your 1099-R have an amount in box 16 - State Distribution?  If you have an amount on line 14 of your 1099-R you must enter an amount for line 16 that is at least as much as line 14.  If line 16 is blank, then enter the amount on line 1, unless there is an amount on line 2a, in which case use the 2a amount.  
You can delete it.   Make sure you delete the correct one.      How to delete forms in TurboTax Online    How to delete forms in TurboTax Desktop  
One income item on state tax return was brought forward from federal return and used on two different lines on state return, thereby doubling my income and doubling the tax due. Thanks.
One income item on state tax return was brought forward from federal return and used on two different lines on state return, thereby doubling my income and doubling the tax due. Thanks.
Select Multiple States.   When you click on a link in TurboTax Desktop, a new TurboTax window (not an internet browser) should pop up - On Demand Tax Guidance with the following:   The dividends/... See more...
Select Multiple States.   When you click on a link in TurboTax Desktop, a new TurboTax window (not an internet browser) should pop up - On Demand Tax Guidance with the following:   The dividends/interest reported here won't be taxed on your federal return. However, most states tax dividends/interest paid by another state.   You can find the state on more detailed documents (like supplemental forms) from your financial institution/dividend payer. Contact them if it's not on your forms.   You can select Multiple States from the dropdown if you:   Live in a state with no income tax (AK, FL, NV, SD, TN, TX, WA, WY) Live where exempt-interest dividends from other states aren't taxed (DC, IN) Have only a small amount of exempt-interest dividends and aren't concerned with extra state tax Your state will tax these dividends or interest if you don't live in an area listed above
What kind of 1099?  If  it's a 1099NEC for self employment income you don't need to enter the 1099NEC but you can report your income as Cash or General from your own records.  
I sold a mutual fund from an IRA that I have had for years, didn't withdraw anything, opened a Roth with the same institution, and transferred the cash to the Roth Account which consisted of differe... See more...
I sold a mutual fund from an IRA that I have had for years, didn't withdraw anything, opened a Roth with the same institution, and transferred the cash to the Roth Account which consisted of different funds. A wash sale was triggered for part of my loss.
I do not have my 1099 form and can’t get it . I know down to the cent how much I made from the company . How do I report without proper form ? 
Yes, if you owe past-due child support, your entire refund can be withheld through the Treasury Offset Program, even if you claim dependents.   However, if part of the refund belongs to your spou... See more...
Yes, if you owe past-due child support, your entire refund can be withheld through the Treasury Offset Program, even if you claim dependents.   However, if part of the refund belongs to your spouse, you can file Form 8379 (Injured Spouse Allocation) to have her portion refunded to her.
I've also been having this problem on TurboTax Desktop. I try to log in to Morgan Stanley at Work, but it doesn't accept my login credentials. Does TurboTax allow imports from Shareworks or not?
Para poderte ayudar mejor, ¿podrías clarificar y darnos más información sobre en qué necesitas ayuda? 
Para poderte ayudar mejor, ¿podrías clarificar y darnos más información sobre en qué necesitas ayuda? 
He must have turned 73.  Now he has a RMD requirement for all his IRA and 401k accounts.  For a pension, it's whatever they send you. Say all of it is the RMD. If you have a RMD requirement it will a... See more...
He must have turned 73.  Now he has a RMD requirement for all his IRA and 401k accounts.  For a pension, it's whatever they send you. Say all of it is the RMD. If you have a RMD requirement it will ask you if it is the RMD. Say yes and enter the amount as the RMD amount. The pension doesn't need to calculate any RMD. Anything your pension pays you is considered to be the RMD. Traditional pensions automatically fulfill the rules of an RMD. So just enter the same amount in box 1 for the RMD for each 1099R. 
If you co-owned the property with your former spouse but received a 1099-S for the entire sale proceeds you only need to report 50% of the proceeds and any resulting gain on your tax return.  Your sp... See more...
If you co-owned the property with your former spouse but received a 1099-S for the entire sale proceeds you only need to report 50% of the proceeds and any resulting gain on your tax return.  Your spouse will be have to report the other 50%.  Since you received a Form 1099 for proceeds that actually belong to someone else, you are considered a a "nominee" recipient.  You must issue a Form 1099-S to the other owner(s) and file it with the IRS.  You will list yourself as the payee and the other owner (your ex) as the recipient.   If reporting the entire amount on your return would result in a loss, or a gain that is not taxable due to the exclusion on the sale of your primary residence, then you could report the full amount on your return and skip the nominee 1099.     You can file Form 1099 using TurboTax Quick Employer Forms (QEF),  There is a potential late filing fee of $60 if you file within 30 days of the original deadline of January 31. The penalty increases if you file beyond that date.  Although I've never actually heard of anyone that was assessed a penalty for filing a nominee 1099 late.   You can access QEF through the following link:  Intuit QEF.   For information on the tax aspects of selling your home see the following TurboTax Help article:  Tax Aspects of Home Ownership: Selling a Home  
I finally figured it out, user error naturally.  The input field I needed was within the edit choice, I obviously missed it earlier.  Thanks for reaching out!!
IRS site does not list my return status
Are you asking in regard to preparing your individual tax return or are you asking on behalf of the corporation that provided the W-2, perhaps prepared incorrectly?   With regard to preparing your ... See more...
Are you asking in regard to preparing your individual tax return or are you asking on behalf of the corporation that provided the W-2, perhaps prepared incorrectly?   With regard to preparing your individual tax return, you must enter the W-2 exactly as it was prepared by your employer.  You are not permitted to enter into box 12 of TurboTax's W-2 form anything that is not on the W-2 provided by your employer.  If the employer provided an incorrect W=2, your employer must correct the W-2.   Any catch-up contribution that you made will already have been included in box 12 by your employer.   A Mega Backdoor Roth does not involve any code-AA contributions.  Only ordinary employee contributions  made directly from pay to the designated Roth account in the 401(k) plan are to be reported with code AA in box 12 of the W-2 provided by your employer.