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Friday
If you are a W-2 employee then you cannot enter any type of employee business expenses on a federal tax return due to the tax code changes in effect for tax year 2018 thru 2025.
Friday
I'm trying to e-file my partnership return using Turbo Tax Business. It says I must include form 8453-PE, but when I try to print the form it says "DO NOT FILE. FORM NOT FINAL". According to the Turb...
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I'm trying to e-file my partnership return using Turbo Tax Business. It says I must include form 8453-PE, but when I try to print the form it says "DO NOT FILE. FORM NOT FINAL". According to the Turbo Tax list of forms, this one is not supported. Is it needed to e-file? If so, can I e-file without it and mail it in later? Thanks in advance!
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Friday
I did see on a Community post where you can switch to Forms view and manually fill in the 1099-R sections, with the caveat that you will have to verify them using the regular software steps, once the...
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I did see on a Community post where you can switch to Forms view and manually fill in the 1099-R sections, with the caveat that you will have to verify them using the regular software steps, once the upgrade is released. Kind of kludgy, but I was able to at least get a decent approximation of my tax liability today, rather than next week. I would not file my taxes using the 1099R Forms approach only. I am using Turbo Tax Deluxe. FWIW.
Friday
1 Cheer
You will find the Trump Account in the File section of the program on Step 2. But only if you have qualifying child as a dependent that was born in 2025
Friday
I did see on a Community post where you can switch to Forms view and manually fill in the 1099R sections, with the caveat that you will have to verify them using the regular software steps, once the ...
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I did see on a Community post where you can switch to Forms view and manually fill in the 1099R sections, with the caveat that you will have to verify them using the regular software steps, once the upgrade is released. Kind of kludgy, but I was able to at least get a decent approximation of my tax liability today, rather than next week. I would not file my taxes using the 1099R Forms approach only. I am using Turbo Tax Deluxe. FWIW.
Friday
I did see on a Community post where you can switch to Forms view and manually fill in the 1099R sections, with the caveat that you will have to verify them using the regular software steps, once the ...
See more...
I did see on a Community post where you can switch to Forms view and manually fill in the 1099R sections, with the caveat that you will have to verify them using the regular software steps, once the upgrade is released. Kind of kludgy, but I was able to at least get a decent approximation of my tax liability today, rather than next week. I would not file my taxes using the 1099R Forms approach only. I am using Turbo Tax Deluxe. FWIW.
Friday
@ItsHyphy Your employer should have reported the tips in box 7 of the W-2. Ask your employer why they did not follow IRS procedure for reporting employee tip income.
If they are not going to i...
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@ItsHyphy Your employer should have reported the tips in box 7 of the W-2. Ask your employer why they did not follow IRS procedure for reporting employee tip income.
If they are not going to issue you a corrected W-2, use the the unreported tip section in TurboTax to have those tips counted for your Social Security and Medicate income. The box 14 will not have tip or overtime income listed as a valid description.
This is a screenshot of the Let's check for uncommon situations TurboTax program page
Friday
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Friday
Report the payment to the gutter company under Other deductions (Line 21) on Form 1065. Issue a 1099-NEC to the gutter company unless it is a corporation.
Friday
Split custody doesn't count. What matters is where the child physically lived more than half the nights of the year (183 or more nights). If that was with you, then you should answer the child live...
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Split custody doesn't count. What matters is where the child physically lived more than half the nights of the year (183 or more nights). If that was with you, then you should answer the child lived with you "7 months" or more, because Turbotax interprets 6 months as exactly half, and exactly half is not more than half.
If the child physically lived in your home less than half the year, you can't claim them as a dependent unless your ex gives you a signed form 8332 -- the IRS will not honor the custody agreement by itself. Answer the child lived with you less than half the year ("5 months" or less), yes there is a custody agreement, and yes you will get a signed form 8332. Note that you must mail the signed 8332 to the IRS after you e-file the rest of your return.
Friday
I read the following in an article below on catch-up ("super") contributions for a Self-Employed Individual 401(k) plan and it is not being referenced in the 2025 TurboTax Desktop version. Will this ...
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I read the following in an article below on catch-up ("super") contributions for a Self-Employed Individual 401(k) plan and it is not being referenced in the 2025 TurboTax Desktop version. Will this be reflected in an update to TurboTax before the filing date? 401(k) contribution limits for 2025 The 401(k) contribution limit for 2025 is $23,500 for employee salary deferrals, and $70,000 for the combined employee and employer contributions. If you're age 50 to 59 or 64 or older, you're eligible for a catch-up contribution up to an additional $7,500. Those between ages 60 and 63 are eligible to contribute up to $11,250 as a "super" catch-up contribution in lieu of the $7,500, if your plan allows. This means those 50 to 59 or 64 or older are able to contribute up to $31,000 in 2025 and those 60 to 63 are able to contribute up to $34,750 in 2025, if your plan allows. Depending on your plan, you may be able to make post-tax contributions beyond the pretax and Roth contribution limit but less than the combined employee and employer contribution limit to invest even more for retirement. Total contributions cannot exceed your annual eligible compensation at the company that sponsors your plan. Check with your plan sponsor to see what catch-up contributions are available to you.
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Friday
TurboTax does not support tax year 2021.
Friday
I don't have any unreported tips. My tips show up as “qualified tips” in box 14. After I fill in my w-2 the unusual situations page suggests overtime but not tips. My overtime is also in box 14. Noth...
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I don't have any unreported tips. My tips show up as “qualified tips” in box 14. After I fill in my w-2 the unusual situations page suggests overtime but not tips. My overtime is also in box 14. Nothing about tips comes up at all even when continuing until I am finished with my federal taxes. I tried searching for it but nothing I do brings up the tips.
Friday
The Form 1099-R section is estimated to be available in TurboTax on 01.21.2026
The IRS will not start accepting 2025 federal tax returns until 01/26/206
Friday
FIP program
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Friday
It would probably be faster if you just described your issue with the W-2 on this forum to get an answer.
Live support is not available using the Free online edition -
See this TurboTax suppo...
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It would probably be faster if you just described your issue with the W-2 on this forum to get an answer.
Live support is not available using the Free online edition -
See this TurboTax support FAQ for contacting support - https://ttlc.intuit.com/turbotax-support/en-us/help-article/account-management/turbotax-phone-number/L0Od33nMQ_US_en_US?uid=lfgviwbm