All Posts
yesterday
Did you use the online Quick Employer Forms or do them inside the Home & Business program? If you used the built in method you have to print and mail them. Quick Employer Forms FAQs https://q...
See more...
Did you use the online Quick Employer Forms or do them inside the Home & Business program? If you used the built in method you have to print and mail them. Quick Employer Forms FAQs https://quickemployerforms.intuit.com/faq.htm
yesterday
Topics:
yesterday
m,y wife and i are legally seperated and I am claiming my son, why does it say he does not qualify as my dependent?
Topics:
yesterday
1 Cheer
No, the only TT version that will prepare the California partnership tax return, Form 568, is the Business version, all other versions, including Home and Business will only prepare Individual or Per...
See more...
No, the only TT version that will prepare the California partnership tax return, Form 568, is the Business version, all other versions, including Home and Business will only prepare Individual or Personal tax returns.
yesterday
This happened to me this year. I had to pay for a TurboTax expert to do mine, for it to give me the option for the advance. Now they are telling me there’s “technical difficulties” with the advance. ...
See more...
This happened to me this year. I had to pay for a TurboTax expert to do mine, for it to give me the option for the advance. Now they are telling me there’s “technical difficulties” with the advance. :(
yesterday
Enter on line 14c the partnership's gross nonfarm income from self-employment. Individual partners need this amount to figure net earnings from self-employment under the nonfarm optional method (NFOM...
See more...
Enter on line 14c the partnership's gross nonfarm income from self-employment. Individual partners need this amount to figure net earnings from self-employment under the nonfarm optional method (NFOM) on Schedule SE (Form 1040), Part II. Enter each individual partner's share in box 14 of Schedule K-1 using code C.
it will have no effect since you hve a loss, you will not be using the NFOM
There may be another issue because of the loss; you need to have tax basis to deduct it. If your capital account is negative, this may indicate you don't have tax basis. However, liabilities, if any, may be allocable to the partners and treated as additional basis
https://www.irs.gov/instructions/i1065sk1#en_US_2025_publink1000127745
yesterday
Hi baldietax Thank you for your quick reply. Now I understand why I cannot download the application. Norit
yesterday
Was it Accepted? Did you go all the way through the File tab, through the 3 steps and hit the big orange Transmit Returns Now button? Maybe you didn’t finish filing it or it rejected or you were supp...
See more...
Was it Accepted? Did you go all the way through the File tab, through the 3 steps and hit the big orange Transmit Returns Now button? Maybe you didn’t finish filing it or it rejected or you were suppose to mail it. When you log into your account you should also see the status and if it was Accepted or Rejected, Started, Printed, Ready to Mail, etc. What does it say? Check back though your emails. When you efile you get back 2 emails. The first email only confirms the transmission. The second email says if the IRS (or state) Accepted or Rejected your efile. If you efiled there should be an Electronic Postmark page. Probably near the end. That is your proof and signature Were you having the Turbo Tax fees deducted from your refund? You can't get mailed refund for that. Oh, did you check with the IRS? What does the IRS say at Where’s My Refund https://www.irs.gov/refunds
yesterday
It will be available on the 21st now per TurboTax .
yesterday
I have read SEVERAL post on this subject but I can't seem to find the right answer. My question: I rent my ONE and ONLY home that I own to my son for less than fair market value. I pay the HOA, th...
See more...
I have read SEVERAL post on this subject but I can't seem to find the right answer. My question: I rent my ONE and ONLY home that I own to my son for less than fair market value. I pay the HOA, the landscaper service along with all expenses having to do with owning a home, property tax, insurance etc. I do not live in this house that I own, I live with my partner in his house he owns. Is this considered rental income, not for profit income or schedule E income if the funds I receive are greater than the homeowner expenses? OR is this rent cost sharing expenses that are not reportable income to the IRS? The answers posted by Turbo tax in similar scenarios are a mix of answers. As an example, I copied and pasted one of the of Turbo /Question/tax answers below. So is the below answer true? If so what publication states this to be true. If not true, how do I report this rent that my son pays that is not FMV. Several Turbo tax responded/answered with cost sharing response. So is this true or false or does family contribution count as reportable rental income? Please let me know. Question: Family Member lives in my house, and contributes towards mortgage. Do I need to report that money as taxable income? Turbo tax answer: " Every day that you "rent" to a family member below FMV is considered a day of personal use by you. If you have 14 or more days of personal use, then to the IRS you no longer have a rental property. In that circumstance, if your family member helps pay some of the expenses, then you have a cost-sharing arrangement - not rent. Cost-sharing between family members is not taxable income to you. Your relative isn't paying you; he's paying his share of the bills."
Topics:
yesterday
Did you efile? Was it Accepted? Did you go all the way through the File tab, through the 3 steps and hit the big orange Transmit Returns Now button? Maybe you didn’t finish filing it or it rejected o...
See more...
Did you efile? Was it Accepted? Did you go all the way through the File tab, through the 3 steps and hit the big orange Transmit Returns Now button? Maybe you didn’t finish filing it or it rejected or you were suppose to mail it. When you log into your account you should also see the status and if it was Accepted or Rejected, Started, Printed, Ready to Mail, etc. What does it say? Check back though your emails. When you efile you get back 2 emails. The first email only confirms the transmission. The second email says if the IRS (or state) Accepted or Rejected your efile. If you efiled there should be an Electronic Postmark page. Probably near the end. That is your proof and signature How to Access prior year online returns https://ttlc.intuit.com/community/prior-year-return/help/how-do-i-access-my-prior-year-return/00/27010
yesterday
contact support, you seem to be the only one reporting this issue
5am-5pm Pacific Time (8-8 Eastern) Monday - Friday https://support.turbotax.intuit.com/contact
800-446-8848
yesterday
How to finish a return you started online https://ttlc.intuit.com/community/prior-year-return/help/how-do-i-finish-a-prior-year-return-that-i-started-in-turbotax-online/01/26322 Sorry, Online is ...
See more...
How to finish a return you started online https://ttlc.intuit.com/community/prior-year-return/help/how-do-i-finish-a-prior-year-return-that-i-started-in-turbotax-online/01/26322 Sorry, Online is only for 2025 now. Online for 2024 and prior is closed now so you can not start a new 2024 or prior return or finish one. You have to do each year separately How to prepare a prior year return https://ttlc.intuit.com/community/using-turbotax/help/how-do-i-prepare-a-prior-year-tax-return/00/25984 To do a prior year return you have to buy the Desktop program here, https://turbotax.intuit.com/personal-taxes/past-years-products You will need Windows 10 or Mac Ventura 13 to install it on. If you can't install the Desktop program or if you have a simple return and want to file for free, you can fill out the blank IRS forms by hand. Here are some basic forms….. Here is the IRS 2024 Form 1040 https://www.irs.gov/pub/irs-prior/f1040--2024.pdf or if you want bigger type use 1040SR for Seniors, https://www.irs.gov/pub/irs-prior/f1040s--2024.pdf And 2024 Instructions https://www.irs.gov/pub/irs-prior/i1040gi--2024.pdf Sch 1 : https://www.irs.gov/pub/irs-prior/f1040s1--2024.pdf Sch 2 : https://www.irs.gov/pub/irs-prior/f1040s2--2024.pdf Sch 3 : https://www.irs.gov/pub/irs-prior/f1040s3--2024.pdf Then when you do file 2025 enter 0 for the 2024 AGI since you are filing 2024 late. You have to print and mail prior year returns. When you mail a tax return, you need to attach any documents showing tax withheld, such as your W-2’s or any 1099’s. Use a mailing service that will track it, such as UPS or certified mail so you will know the IRS received the return. Don’t forget state.
yesterday
Refund amount 1133.00
Topics:
yesterday
Topics:
yesterday
I purchased Turbo Tax Premier at Costco. Does that version allow me to prepare CA form 568 and efile it? I think the Turbo Tax Premier is called Investments and Rentals. Does that one have this featu...
See more...
I purchased Turbo Tax Premier at Costco. Does that version allow me to prepare CA form 568 and efile it? I think the Turbo Tax Premier is called Investments and Rentals. Does that one have this feature?
yesterday
It's in the deductions and credits section then Car and other things you own. With online there is no direct access to the forms.