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15 hours ago
I use the website. I have tried clearing my cache and cookies on 2 different browsers (safari and chrome) and it doesn't work on either. I've never had to file a NH return before because we don't hav...
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I use the website. I have tried clearing my cache and cookies on 2 different browsers (safari and chrome) and it doesn't work on either. I've never had to file a NH return before because we don't have state income taxes and aren't taxed on interest or dividends as of 1-1-25, so I don't even have anything to claim. After I put in my state, I didn't have to put in any other information.
15 hours ago
use the website. I have tried clearing my cache and cookies on 2 different browsers (safari and chrome) and it doesn't work on either. I've never had to file a NH return before because we don't have...
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use the website. I have tried clearing my cache and cookies on 2 different browsers (safari and chrome) and it doesn't work on either. I've never had to file a NH return before because we don't have state income taxes and aren't taxed on interest or dividends as of 1-1-25, so I don't even have anything to claim. After I put in my state, I didn't have to put in any other information.
15 hours ago
Depreciation expense is not easy to gauge.
Depreciation expense is computed within the rental activity. You enter only the original purchase amount and the software computes the depreciation e...
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Depreciation expense is not easy to gauge.
Depreciation expense is computed within the rental activity. You enter only the original purchase amount and the software computes the depreciation expense for the current year and subsequent years.
15 hours ago
Un retraso de dos días después de la fecha estimada (14) es común. Las causas principales incluyen procesamiento bancario (hasta 5 días hábiles), errores en la declaración, verificación de identidad ...
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Un retraso de dos días después de la fecha estimada (14) es común. Las causas principales incluyen procesamiento bancario (hasta 5 días hábiles), errores en la declaración, verificación de identidad o deudas pendientes. Utiliza la herramienta oficial del IRS ¿Dónde está mi reembolso? para verificar el estado actual.
15 hours ago
Si tu LLC no ha comenzado operaciones en 2025, generalmente no reportas ingresos ni gastos de negocio ese año en tu declaración federal. Para tu LLC: 1. No reportes ingresos ni deducciones relaci...
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Si tu LLC no ha comenzado operaciones en 2025, generalmente no reportas ingresos ni gastos de negocio ese año en tu declaración federal. Para tu LLC: 1. No reportes ingresos ni deducciones relacionadas al negocio si no hay actividad. 2. Si es una LLC de un solo miembro y es una entidad ignorada para impuestos, no reportas actividad comercial en Schedule C. 3. Si es una LLC con varios miembros, y no hubo actividad, normalmente no presentas Formulario 1065, pero verifica si tu estado requiere alguna presentación. Es importante mantener documentos que evidencien que el negocio no operó ese año. Esto ayuda si el IRS pregunta más tarde.
15 hours ago
If you are married you cannot file as single. If entering NRA did not work did you put a check mark in the box that says My spouse is a Non-Resident alien in the My info section. When you get to the...
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If you are married you cannot file as single. If entering NRA did not work did you put a check mark in the box that says My spouse is a Non-Resident alien in the My info section. When you get to the end and try to transmit the return, ignore the e-file errors regarding your NRA spouse and select transmit your return. If that does not work you will need to print and mail your return and write NRA (Non Resident Alien) in the space for her SSN. When you print your return, the instructions for mailing your return will be printed on the cover sheet of your return. If your spouse chooses to be treated as an US Citizen for tax purposes, and you want to file as Married Filing Joint, you would need to include their income on your return. If you choose filing jointly, and they do not already have a SSN or ITIN, you will need to print and mail your return along with the W-7 and any other required documents to IRS ITIN Operation P.O. Box 149342 Austin, TX 78714-9342 The benefit to filing as Married Filing Jointly with a spouse that has no income is that your standard deduction is increased to $31,500 instead of $15,750 and you are not excluded from several of the credits. So depending on your current tax situation and his worldwide income, it may benefit you to include him on your return. Married Filing Joint versus Separate If you are maintaining a household for a qualified dependent, and you do not choose to treat your non resident alien spouse as a resident alien, you may be able to file as head of household and then you would not need to include him on your return. To qualify, you have to meet certain criteria. To file as Head of Household, you have to: Pay for more than half of the expenses for a qualifying household Be considered unmarried on the last day of the tax year or if married not have lived with your spouse at all for the last 6 months of the year Have a qualifying child or dependent
15 hours ago
Los errores comunes en las declaraciones de impuestos federales incluyen números de Seguro Social incorrectos, estado civil incorrecto, errores en la información de dependientes, ingresos mal reporta...
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Los errores comunes en las declaraciones de impuestos federales incluyen números de Seguro Social incorrectos, estado civil incorrecto, errores en la información de dependientes, ingresos mal reportados y cálculos erróneos de deducciones o créditos. Para corregir estos errores en TurboTax Online: 1. Verifica tu información personal: Asegúrate de que tu número de Seguro Social, nombres y direcciones estén correctos. 2. Revisa tu estado civil para efectos de la declaración: Confirma que seleccionaste el estado correcto. 3. Revisa a tus dependientes: Asegúrate de que la información y calificación de los dependientes sean correctas. 4. Corrige ingresos: Introduce tus ingresos exactamente como aparecen en tus formularios W-2 y 1099. 5. Verifica tus deducciones y créditos: Confirma que los cálculos sean correctos y que estén incluidos los formularios necesarios. 6. Utiliza la función de revisión de errores de TurboTax: Tiene herramientas que detectan errores comunes antes de presentar. Hacer estas correcciones dentro de TurboTax preparará tu declaración federal para su presentación.
15 hours ago
Yes, especially for mystery shopping trips involving meals. Do not enter those as a meal expense under Schedule C because they will only be deducted up to 50%.
The best place would be under ...
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Yes, especially for mystery shopping trips involving meals. Do not enter those as a meal expense under Schedule C because they will only be deducted up to 50%.
The best place would be under Miscellaneous Expenses where you can enter your own description and amount. You could enter something like 'out of pocket mystery shop expense' and the amount. Be sure to keep detailed records for your own information to track the total amount that you enter.
@Regal23
15 hours ago
While entering your 1099-R, scroll to the bottom of the page. There are 2 rows of 4 boxes. Box 14 - State tax withheld Box 15 - State Box 15 - State number Box 16 - State distribution The sec...
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While entering your 1099-R, scroll to the bottom of the page. There are 2 rows of 4 boxes. Box 14 - State tax withheld Box 15 - State Box 15 - State number Box 16 - State distribution The second Box [Box 15 - State] has a down arrow. Click this arrow to get a drop down with all of the states. Select California from the list.
15 hours ago
1 Cheer
You would enter this in as an "other adjustment" in the Arizona state section of the return. What this will do is add $168 of taxable income to your Arizona return but will not impact your federal re...
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You would enter this in as an "other adjustment" in the Arizona state section of the return. What this will do is add $168 of taxable income to your Arizona return but will not impact your federal return.
@Wedding5500
15 hours ago
Once your return has been accepted, TurboTax receives no information from the IRS about the processing of your return and the issue of your refund.
You can track your Federal tax refund at this...
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Once your return has been accepted, TurboTax receives no information from the IRS about the processing of your return and the issue of your refund.
You can track your Federal tax refund at this IRS webpage.
15 hours ago
baldietax makes a good point. If you are doing a backdoor Roth, you do not recharacterize from a traditional IRA to a Roth IRA at all. You convert funds from a traditional IRA to a Roth IRA and th...
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baldietax makes a good point. If you are doing a backdoor Roth, you do not recharacterize from a traditional IRA to a Roth IRA at all. You convert funds from a traditional IRA to a Roth IRA and that conversion is reportable on the tax return for the year in which you perform a conversion.
15 hours ago
Does it matter where it's entered as a business expense?
15 hours ago
If you had Live Expert Assist in preparing your income tax return, re-enter your tax return and click on Get Expert Help in the upper right hand corner. With an IRS CP12 notice, the IRS has corre...
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If you had Live Expert Assist in preparing your income tax return, re-enter your tax return and click on Get Expert Help in the upper right hand corner. With an IRS CP12 notice, the IRS has corrected one or more mistakes on your tax return. As a result, you are now either due a refund or your original refund amount has changed. See this IRS website.
15 hours ago
To receive your state's refund instead of applying it to next year's return, follow these steps.
Locate the State Section:
Click on the State Taxes tab.
Edit the NY Return:
Proceed th...
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To receive your state's refund instead of applying it to next year's return, follow these steps.
Locate the State Section:
Click on the State Taxes tab.
Edit the NY Return:
Proceed through the screens until you reach
Additional Tax Situations
You can now Clear the Amount
Be sure that any field related to applying your refund to next year's estimated taxes is set to $0 or empty.
Be sure to select the option to receive a refund rather than applying it forward.
15 hours ago
You would just report the total net profit of $500. This would be reported as other income on Schedule 1 line 8z.
To do this in TurboTax select the following:
Federal
Income
Less C...
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You would just report the total net profit of $500. This would be reported as other income on Schedule 1 line 8z.
To do this in TurboTax select the following:
Federal
Income
Less Common Income
Miscellaneous Income
Other Reportable Income
15 hours ago
All of the income reported on the Form 1099-MISC for reimbursements should be reported as income on your Schedule C for the mystery shopping work. Additionally, the other income you mentioned will a...
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All of the income reported on the Form 1099-MISC for reimbursements should be reported as income on your Schedule C for the mystery shopping work. Additionally, the other income you mentioned will also be reported as Schedule C income.
Then, you would enter the amounts that you spent as business expenses. That way, the reimbursement is not being taxed, but it is being reported on your return.
You will find the Schedule C section under the Business tab at the top of the screen using the Home and Business desktop version of TurboTax.
15 hours ago
I don’t know what to do
Topics:
15 hours ago
1 Cheer
It sounds like you have it right. Here is some added guidance.
Login to TurboTax
Select Tax Home from the left sidebar.
Scroll down to Your tax returns & documents and
Select the y...
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It sounds like you have it right. Here is some added guidance.
Login to TurboTax
Select Tax Home from the left sidebar.
Scroll down to Your tax returns & documents and
Select the year you want to amend.
Click on the Amend (change) return dropdown,
Then Amend using TurboTax Online.
Continue the interview, make the changes you need, and answer the rest of the questions to finish changing your return.
An amended return can make a change to a tax filing that has already been accepted. You should follow these guidelines.
You must first wait until the initial return is completely processed.
You will have to use the same TurboTax account that you used for the original tax return.
Once you begin your amendment, you'll see your original return.
The refund calculator will start at $0 and only reflect the changes in the refund or tax due
Only make changes to the areas of your return that need to be corrected.
You have three years from the date you filed your return or two years after you paid the tax due (whichever is later) to file an amendment
Amend TurboTax