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Thursday
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If you are filing a Joint return then when you go to Social Security there should be 2 columns, one for each of you. Go back to My Info and check if you picked Married and filing together. Ente...
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If you are filing a Joint return then when you go to Social Security there should be 2 columns, one for each of you. Go back to My Info and check if you picked Married and filing together. Enter a SSA-1099, SSA-1099-SM or RRB-1099 under Federal Taxes Wages and Income Then scroll down to Retirement Plans and Social Security Then the second line - Social Security (SSA-1099. RRB-1099) - click the Start or Revisit button After you enter it keep going. There are follow up questions you need to answer. Especially look for if you lived in a Foreign country. Should be No.
Thursday
I am filling out my sch E for the first time this year. First year renting and I converted my primary residence to a rental in the same year. For 4 months of the year, it was a rental. When it came t...
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I am filling out my sch E for the first time this year. First year renting and I converted my primary residence to a rental in the same year. For 4 months of the year, it was a rental. When it came to entering expenses(mortgage interest, insurance premiums, real estate taxes, HOA fees, etc) I annualized the amounts. Should I only enter the prorated amount of 4 months of expenses, or will turbo tax do this automatically since it asked for days of personal use vs rented?
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Thursday
"You must manually go into the "Business Income" section of TurboTax and adjust your income or expenses until the Net Profit matches the IRS’s number. Once that matches, your AGI will automatically f...
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"You must manually go into the "Business Income" section of TurboTax and adjust your income or expenses until the Net Profit matches the IRS’s number. Once that matches, your AGI will automatically fix itself." Sorry I am not sure how else to say this - This is the standing issue - I do not know what to adjust within this section to make it match what the IRS states it should be, as everything on my review was inputted correctly. Are you saying I just make up numbers to get it to match what the IRS says?? To be specific with numbers on the transcript it states this: Business income or loss (Schedule C): 22,423 Business income or loss (Schedule C) per computer: 24,757 Difference: 2,334 Going into what I have listed on Turbotax under this section:
Thursday
Thanks. My son was a W-2 employee with this company for over 10 years - withholding, social security, 401K, etc. He should have been paid on a W-2 in 2024, but the employer let things go on for too...
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Thanks. My son was a W-2 employee with this company for over 10 years - withholding, social security, 401K, etc. He should have been paid on a W-2 in 2024, but the employer let things go on for too long and did not have money to pay his employees or suppliers. There were 100 or so employees in this situation. The amount he should have been paid in early 2024 on a W-2 was paid in late 2025 on a 1099-NEC. By that time he wasn't an employee and it's not clear that the company existed.
Thursday
Wow. Finally solved the problem with your help thank you!! I earlier could not find the "various" listing in the income - sources screen, I was looking for it alphabetically, toward the bottom of t...
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Wow. Finally solved the problem with your help thank you!! I earlier could not find the "various" listing in the income - sources screen, I was looking for it alphabetically, toward the bottom of the country list; it was easy to miss based on how it was positioned - with "select a country or US possession" . This threw me off. .Should have had " select "ONE a country or US possession, or RIC or Various" ... Bad drop down list design.
Thursday
you must file by mail and include the IRS notice. explain why you disagree with some of its findings.
Thursday
I am a full time teacher of 25 years, and I claim the teacher credit every year. This is the first year I have had issues with the Turbotax software in regards to this credit. I entered my expenses (...
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I am a full time teacher of 25 years, and I claim the teacher credit every year. This is the first year I have had issues with the Turbotax software in regards to this credit. I entered my expenses (listed the $300 maximum) for me, and $0 for my husband. The software tells me "It turns out you don't qualify for this deduction". I definitely qualify. Here is the kicker. If I enter $0 expenses for me and $300 for my non-educator husband, it gives us the credit. So this definitely has to be a glitch. I have searched this issue online and here on Turbotax, and I guess it has glitched for others in years past. I don't see how to fix this. Is there a way to override the software and manually enter the deduction myself?
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Thursday
1 Cheer
No deduction for personal residence, but a betterment or restoration would add to the tax basis to reduce gain when sold.
Thursday
My social doesnt match credit report
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Thursday
If you typed your correct Social Security Number into the "Personal Info" section, but the W-2 from your employer had a typo, you generally do not need to amend your return.
The IRS processes y...
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If you typed your correct Social Security Number into the "Personal Info" section, but the W-2 from your employer had a typo, you generally do not need to amend your return.
The IRS processes your return based on the SSN you provided (in the "Personal Info" section of the program). As long as your income numbers (Box 1, Box 2, etc.) match what was on the original W-2, your return was processed correctly.
Keep the W-2c with your tax records. If the IRS ever asks why your employer's records didn't match your filing, you’ll have the W-2c as proof of the correction.
Note: If you live in a state with income tax (e.g., California), ask your employer if they also filed a correction with the State Department of Revenue.
Unless the state sends you a notice, you usually don't need to file a separate state amendment just for a W-2 SSN correction (if the income amounts didn't change).
Thursday
Background: i live in PA and my employer is HQ in NY... I work 20% of time in NY, 80% of of the time in PA. My employer previously only worked with NY state when it came to state income tax. So...
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Background: i live in PA and my employer is HQ in NY... I work 20% of time in NY, 80% of of the time in PA. My employer previously only worked with NY state when it came to state income tax. So, i would make the appropriate adjustment and make quarterly estimated tax payments to PA. In Q4 of 2025, my employer began working with other states and submitting tax to other states, including PA. For my W2, i received 3 versions 1.) in the state section it says "TOTAL STATE" 2.) in the state section it lists NY along with my total taxable wages 3.) in the state section it lists PA, and basically 1 quarter worth of my taxable wages (b/c they only worked with PA for Q4 of the year) When entering this information in the Federal tax section of TT, i did exactly as instructed (and as i've seen directed by experts on here). I only put it in as a single W2, with an additional state, and filled it out correctly. However, when I come around to doing the states, its pulling into the PA return as 2 separate W2's... So my PA return has my taxable income overstated by approx 25% (full wages from the NY W2 and the 1 quarter of wages from the PA W2).... How do i remedy this? For both W2's, do i check the box that says "I need to make an adjustment to the taxable amount of this income" and revise the taxable amount? Its not exactly as simple as multiplying it by the proportion of my time i spend in PA, as its double counting Q4 wages or... do i just delete the PA W2 from TT, since its double counting Q4 wages.... ? that doesn't seem right. appreciate any help someone can provide!
Thursday
@ onthewater wrote: "Does the One Big Beautiful Bill say no tax on Social Security Benefits?" President Trump wanted "no tax on Social Security" included in his OBBBA as relief for Seniors, but ...
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@ onthewater wrote: "Does the One Big Beautiful Bill say no tax on Social Security Benefits?" President Trump wanted "no tax on Social Security" included in his OBBBA as relief for Seniors, but one party voted against that as well as the other items in the OBBBA. So the OBBBA had to be passed through a process called budget reconciliation. That budget reconciliation process specifically prohibits any changes to Social Security (part of the Byrd Rule). So instead, a lesser workaround was to lessen the pain a bit with a "senior bonus" called the "Enhanced Senior Deduction". It does not equate to full Social Security tax refief for many people, but it does help lower the overall tax burden of seniors and got around the Byrd Rule. It provides some extra spending money, especially for married couples. Hopefully, additional tax relief for Social Security can be in future legislation.
Thursday
I'm using TurboTax Deluxe desktop version. I had imported some info from Quicken including SSN income. In the Wages & Income, Retirement Plans and Social Security section when I click Update it app...
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I'm using TurboTax Deluxe desktop version. I had imported some info from Quicken including SSN income. In the Wages & Income, Retirement Plans and Social Security section when I click Update it appears it imported under my name only and is asking questions for me. There's nowhere to add more income or to edit this entry to correct it to his name.
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Thursday
I put the wrong account number to receive funds I use the amend to change the account number but it’s still says the old account number nothing updated ! I need to know it updated or changed
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Thursday
There's another question. Is(are) the person(s) who could claim you required to file a tax return (other than to file to claim a refund of taxes paid in when they have no federal tax liability)? If y...
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There's another question. Is(are) the person(s) who could claim you required to file a tax return (other than to file to claim a refund of taxes paid in when they have no federal tax liability)? If yes, they report your 8962. If no, you check the box that you can not be claimed as a dependent and file the 8962 with your return.
Thursday
Do we have latest updates?
Thursday
I filed CA state tax with Form 3800. It seems line 18 calculation by TurboTax has some issue.
For my case
Line 16: 397
Line 17: 10
L18 is the larger of Line 16 and Line 17. TurboTax fille...
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I filed CA state tax with Form 3800. It seems line 18 calculation by TurboTax has some issue.
For my case
Line 16: 397
Line 17: 10
L18 is the larger of Line 16 and Line 17. TurboTax filled in 5217.
Can you explain how this number came about? Is it a bug?
My token is: 9130354351733656-11971069
Thanks
Thursday
My question is 1. What date qualifies you for the tax credit: Is it the date car placed in service or date I paid for the car? 2. Am I still able to file for the credit if I am not able to obtai...
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My question is 1. What date qualifies you for the tax credit: Is it the date car placed in service or date I paid for the car? 2. Am I still able to file for the credit if I am not able to obtain a clean Vehicle Seller's Report? If so what information should I submit to the IRS in lieu of the report The back story details: I purchased a previously owned Leaf at the end of 2024 but vehicle was put into service just after 2025. I completed the information on Terbo Tax for a clean vehicle tax credit for a previously owned vehicle. Information accepted and form 8936 was generated. The car and I meet criteria for the credit HOWEVER I am not able to obtain a Clean Vehicle Seller's report from the dealership. The car was purchased at the end of 2024 but not put into service until just after 2025. The dealership said that the VIN of the car was not entered into the database at the time sale because the car was not yet 2 yrs old at the time I paid for it but was 2 yrs old by the time the car was put into service. Terbo tax did accept the above information, generated form but electronic filing of my Federal taxes was declined as the VIN for this tax credit was not in the data base.
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Thursday
@RogerD1 @DavidD66 I have just re-tested my unusual RMD situation, and the Turbo Tax bug has NOT YET BEEN FIXED. Reviewing Situation: I took part of my 2025 RMD from a fund (call it B) that...
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@RogerD1 @DavidD66 I have just re-tested my unusual RMD situation, and the Turbo Tax bug has NOT YET BEEN FIXED. Reviewing Situation: I took part of my 2025 RMD from a fund (call it B) that officially had a ZERO RMD requirement because it did not exist at the end of 2024. The account was created in 2025 due to being transferred from Pershing (call it A) (I mistakenly said Raymond James above - no matter) to Schwab. In TTax, I specified RMD requirement for account B as ZERO. Since I took part of my RMD from account A in 2025 before the transfer, I had a place in TTax to enter the account's RMD requirement, so my total RMD requirement was correctly entered. TTax hits me with a penalty. Work-around fixes the problem: I am claiming a $1 RMD requirement for account B and reducing account A's by $1. Therefore, my RMD requirement is correct and my RMD withdrawals are correct.
Thursday
Nothing about Social Security has changed. It can still be taxable. There is a new Enhanced Senior Deduction if you are 65 or older. It is automatic based on your age. It is not part of your Sta...
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Nothing about Social Security has changed. It can still be taxable. There is a new Enhanced Senior Deduction if you are 65 or older. It is automatic based on your age. It is not part of your Standard Deduction. The new Senior Deduction is separate and in addition to the Standard Deduction or your Itemized Deductions on 1040 line 12e. The 6,000/12,000 senior deduction will be calculated on 1040 Schedule 1-A page 2 Part V Enhanced Deduction for Seniors which goes to 1040 line 13b with any other sch 1-A amounts. Turbo Tax automatically includes it if you qualify. For Single the deduction starts to phase out at 75,000 and maxes out at 175,000 For Joint the deductions starts to phase out at 150,000 and maxes out at 250,000 If you are married you have to file a Joint return And your SSN must be VALID for employment. Do NOT check the box saying Not Valid under My Info.
For Online version You can preview the 1040 or print the whole return https://ttlc.intuit.com/community/accessing/help/how-do-i-preview-my-turbotax-online-return-before-filing/00/26160 What do you have on 1040 or 1040SR line 13b? See the 1040 ….