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I purchased an owner occupied rental and made just over $17k of improvements prior to occupancy. Where do I deduct these?
Usually, only the parent uses the 1098-T.    Here's a post on the five main points on the  1098-T: https://ttlc.intuit.com/community/college-education/discussion/re-what-do-i-do-with-form-1098t... See more...
Usually, only the parent uses the 1098-T.    Here's a post on the five main points on the  1098-T: https://ttlc.intuit.com/community/college-education/discussion/re-what-do-i-do-with-form-1098t/01/3760212#M63114
The business code on Schedule C is not a NAICS code. It's a code from the list on pages 18 and 19 of the IRS Instructions for Schedule C. Choose the most appropriate code from the IRS list. There is ... See more...
The business code on Schedule C is not a NAICS code. It's a code from the list on pages 18 and 19 of the IRS Instructions for Schedule C. Choose the most appropriate code from the IRS list. There is no code 454390 in the IRS list.  
en ano 2024 recibi el pago retrasado de impuestos federal y pe pagaron interes por ello donde incluyo esto en los impuestos
I just realized from reading all the posts on this issue here, that I actually paid Intuit $40 to pull the money from my tax return.  REALLY?  For a BUG in your own software, that's been around for 2... See more...
I just realized from reading all the posts on this issue here, that I actually paid Intuit $40 to pull the money from my tax return.  REALLY?  For a BUG in your own software, that's been around for 2 years, it seems??   This is ridiculous. Nuts. NOT good.  NOT happy.  The ONLY apparent POSSIBLE workaround is MAYBE to install TurboTax on my laptop and TRY using the scroll pad, which MAY solve the issue.  NOT the right solution, not by a long shot., not in my book.   It's 2026.  AI is everywhere.  Get with the program Intuit!  Fix the fundamentals before you 'enhance' the product with fluffy new features.
how to add additional contributions to HSA
What is getting cut off?  The IRS wants all amounts rounded so there are no cents listed on the 1040.
Even if you didn't maintain a residence while you were away from Texas, if you maintained your driver's license / identification and car registration there, and if you maintained bank accounts and ot... See more...
Even if you didn't maintain a residence while you were away from Texas, if you maintained your driver's license / identification and car registration there, and if you maintained bank accounts and other ties in Texas, then Texas could still be seen as your permanent state of residence.    If you were only in Arizona and Utah for a few months each for work, you would file nonresident or part-year resident returns for those two states.   Go back to the My Info or Personal section of your Federal return and confirm that you have the correct dates entered for your presence in each state. Be sure also not to count the same date twice when you left one state and arrived in another. TurboTax will need to account for 365 total days for the year or it will perceive an error and not allow e-filing.   As a part-year resident, your wages are taxed by the state in which they are earned, regardless of whether you received your last check after you moved on to another state.   Arizona does tax the wages of remote workers who live in Arizona while working for a company in another state. See this Arizona DOR webpage for more information.    
Oh, just reread your post.  Sorry No you can not write off income you never received.  Not unless you already included it as income first.  You can't deduct income you never received.  You will just ... See more...
Oh, just reread your post.  Sorry No you can not write off income you never received.  Not unless you already included it as income first.  You can't deduct income you never received.  You will just have less income to be taxed on.  You take the loss by still deducting all your actual expenses.
You've provided a workaround (place cursor in the credit card number field, then tab to the month of expiration and immediately key in the month number you desire, that is above 08.)  I haven't teste... See more...
You've provided a workaround (place cursor in the credit card number field, then tab to the month of expiration and immediately key in the month number you desire, that is above 08.)  I haven't tested the work-around, since I've already switched payment types and filed, but shouldn't this bug be fixed ASAP by TurboTax?  Unless someone knows this unusual workaround, they may abandon filing with TurboTax and tell others it is SO buggy, they couldn't even pay to file, but only AFTER they went through hours of work to answer ALL the questions to create their return, for BOTH state and federal.   Seems like an extremely critical bug to me.  I do software development for a living, FYI.  Plus, my wife is a quality control software tester.  She would NEVER have let this issue get past her desk.  It's fundamental testing protocol.   I've used TurboTax for 40 years.  This definitely gives me pause to continue use in the future.  I know I'm giving this message to the wrong audience, but it was easier to reach the community than to figure out how to communicate with Intuit, as is typical of very large software companies.
If you are encountering the "Under Review" status for an EV tax credit, it is likely because the IRS database hasn't fully synchronized with the dealer's recent submission. To move forward, you have ... See more...
If you are encountering the "Under Review" status for an EV tax credit, it is likely because the IRS database hasn't fully synchronized with the dealer's recent submission. To move forward, you have two options: you can either wait for the systems to update or paper file.   Since the IRS Energy Credits Online system can take some time to update, you can wait for the systems to update (no guaranteed timeline, I'd suggest checking once a week).  Log back into your account, delete the vehicle entry entirely to clear the cache, and re-enter the information; this often triggers a fresh check with the IRS database that allows the e-file to proceed.   If you need to file immediately, you can switch your filing method to paper rather than e-file. By printing your return and mailing it physically, you bypass the automated VIN validation error that occurs during the e-file transmission. If you choose this route, be sure to include a physical copy of the "Time of Sale" report provided by your dealer to ensure the IRS agent processing your paperwork has manual proof of the vehicle's eligibility.
Thanks. Clearing the data for the box 10 field works. But this is surely a Turbo Tax bug. How do I go about reporting it, unless it was already reported?
Appreciate it. Just to clarify, I leave the first box blank and then have $13556 in the second box like this below:  
some information is getting cut off when i print my tax returns
I have almost 50 municipal bonds held at separate brokerages which result in OIDs. Except for a few, the amount to be reported is 0. It is time-consuming to have to prepare each of these forms.  As ... See more...
I have almost 50 municipal bonds held at separate brokerages which result in OIDs. Except for a few, the amount to be reported is 0. It is time-consuming to have to prepare each of these forms.  As I begin this year's TT, I am greeted with a list of all the information included in last year's taxes. I am wondering whether I can omit all the OIDs from this list? I could then enter as new information only those OIDs which have an actual amount to report?  This would seem logical in that there is no requirement to report non-income to the IRS. 
What in the heck happened to its deductible?
1. California uses the federal rules to deduct medical and dental expenses, so the deduction is limited to the extent they exceed 7.5% of your federal AGI.  (FTB Deductions Guide) 2. California does... See more...
1. California uses the federal rules to deduct medical and dental expenses, so the deduction is limited to the extent they exceed 7.5% of your federal AGI.  (FTB Deductions Guide) 2. California does not conform to the newer federal energy incentives. (Summary of Federal Income Tax Changes) 3. You cannot deduct state income taxes (CA or AZ) on your California itemized deductions. If any of the California income is also taxed by Arizona, you can claim a credit for the taxes paid to California on your Arizona income tax return- but this is ONLY for income double taxed at the state level. (FTB Schedule CA (540) Instructions, FTB Schedule S Instructions ) 4. California has a progressive taxation system.  California determines your tax rate based on your total worldwide income (Federal AGI) to establish which bracket you fall into.  That tax rate is then applied to your California income.  (FTB Publication 1100)    
I have almost 50 municipal bonds held at separate brokerages which result in OIDs. Except for a few, the amount to be reported is 0. It is time-consuming to have to prepare each of these forms.  As ... See more...
I have almost 50 municipal bonds held at separate brokerages which result in OIDs. Except for a few, the amount to be reported is 0. It is time-consuming to have to prepare each of these forms.  As I begin this year's TT, I am greeted with a list of all the information included in last year's taxes. I am wondering whether I can omit all the OIDs from this list? I could then enter as new information only those OIDs which have an actual amount to report?  This would seem logical in that there is no requirement to report non-income to the IRS. 
Are you filing as a self employed/independent contractor?   If you are filling out Schedule C for self employment income you can write off your expenses.   You can enter 1099NEC or cash Self Employ... See more...
Are you filing as a self employed/independent contractor?   If you are filling out Schedule C for self employment income you can write off your expenses.   You can enter 1099NEC or cash Self Employment Income into Online Deluxe  but if you have any expenses you will have to upgrade to the Premium version.  Or use any of the Desktop programs.   Where to enter expenses in the Online Premium version https://ttlc.intuit.com/turbotax-support/en-us/help-article/import-export-data-files/enter-self-employment-business-expenses-like-home/L1k6HJY4A_US_en_US     Here is some IRS reading material……   IRS information on Self Employment http://www.irs.gov/Businesses/Small-Businesses-&-Self-Employed/Self-Employed-Individuals-Tax-Center   Pulication 334, Tax Guide for Small Business http://www.irs.gov/pub/irs-pdf/p334.pdf   Publication 535 Business Expenses http://www.irs.gov/pub/irs-pdf/p535.pdf