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When adding Business Expenses, you'll see several categories of expenses.  Click the down-arrow to see more in each category.  However, you can add your own worded expenses in the 'Miscellaneous Expe... See more...
When adding Business Expenses, you'll see several categories of expenses.  Click the down-arrow to see more in each category.  However, you can add your own worded expenses in the 'Miscellaneous Expenses' section.   @seven-root-steve     
there are two ways to be able to indicate take it as a credit. 1) by using the 1099 and linking to form 1116 or 2) entering the info through the 1116, for 1) go back to the 1099 and indicate you want... See more...
there are two ways to be able to indicate take it as a credit. 1) by using the 1099 and linking to form 1116 or 2) entering the info through the 1116, for 1) go back to the 1099 and indicate you want to take it as a deduction or 2) delete form 1116   It's rare that the deduction is better than the credit. You must have more in itemized deductions than the standard deduction. It can happen if your marginal tax rate (the effect of taking a deduction) is higher than your average tax rate (the effect of taking it as a credit). As a deduction, you lose whatever would have been a carryover if taking the credit. Then again, most times the carryover or carryback is never useful.    
In trying to efile my NYS return I have been asked to verify information - what do my 1099R's list as state tax withheld  in box 14.  My 2025 numbers are identical to my 2024 numbers which were filed... See more...
In trying to efile my NYS return I have been asked to verify information - what do my 1099R's list as state tax withheld  in box 14.  My 2025 numbers are identical to my 2024 numbers which were filed and refund issued.  Turbo Tax indicates that my state withholding amounts (on 4 1099R's) total $2008.44 - and refund is projected as $2008.  I'm told that my withholding amounts cannot be greater than or equal to the state distribution amount.  The information I have entered is correct - and cannot proceed further.  What to do?
Yes, the 7.5% of AGI applies to the total Medical Expenses included on your return.  Here's more info on Deductible Medical Expenses.   @superlyc   
Assuming you have no earned income (wages), the interest is taxed in three distinct tiers:    Tier 1: Tax-Free Portion ($0 – $1,350) The first $1,350 is covered by the dependent's stan... See more...
Assuming you have no earned income (wages), the interest is taxed in three distinct tiers:    Tier 1: Tax-Free Portion ($0 – $1,350) The first $1,350 is covered by the dependent's standard deduction for unearned income. Tax: $0 Tier 2: Child’s Tax Rate ($1,350 – $2,700) The next $1,350 is taxed at the child's individual marginal tax rate, which is typically 10%. Tax: ~$135 Tier 3: Parents’ Tax Rate ($2,700 – $15,000) The remaining $12,300 is taxed at the parents' highest marginal tax rate. For example, if the parents are in the 24% tax bracket, this portion would incur approximately $2,952 in tax In this example, total tax would be $3,087.  If your form 8615 is not computing appropriately, you could Delete it and step through your 1099-INT entry again.  Be sure you indicated you are being claimed as a Dependent in the Personal Info section.  Here's more info on Form 8615.   @parekhalpa07 
No. I finally solved the problem myself by switching to the off line version.*-
I guess the question is specifically where on the correct CA Forms (540? or 540 CA?) to enter/write the IRC 1341 claim of right credits.   Any help will be appreciated
yes Bill.   I realized that TT was accounting for both Roth conversions. But my wife had a carry over on NON-deductible contributions and hence the total was less. Thx v much
Filing return for deceased son; completed Form 1310 but efile asks me to sign using HIS name. Is it correct for me to sign as him?
Just here to say this bug is still a problem this year. I had to go into the interview and put my gross income info into a box that was for partner sourced (column F) as well as the all source (colum... See more...
Just here to say this bug is still a problem this year. I had to go into the interview and put my gross income info into a box that was for partner sourced (column F) as well as the all source (column G).
I'm seeing the same behavior.  All other fields on Form 7203 populate. Why isn't TurboTax auto filling such despite such an explicit instruction from IRS regarding handling the D code in box 17? This... See more...
I'm seeing the same behavior.  All other fields on Form 7203 populate. Why isn't TurboTax auto filling such despite such an explicit instruction from IRS regarding handling the D code in box 17? This is not a case where additional information is required. 
I had my Foreign Tax Paid amount as an itemized deduction, and out of curiosity, I let the software change it to a credit to compare the different between the deduction vs the credit.  Now the progra... See more...
I had my Foreign Tax Paid amount as an itemized deduction, and out of curiosity, I let the software change it to a credit to compare the different between the deduction vs the credit.  Now the program has it recorded as a credit and I can not find a way to change it back to a deduction.  Is this a software glitch?
It looks like you didn't start a return in TurboTax Online.  You need to enter a bit of info, name, address, etc. since your 'Tools Center' menu doesn't show the option to 'Save your 2025 return to y... See more...
It looks like you didn't start a return in TurboTax Online.  You need to enter a bit of info, name, address, etc. since your 'Tools Center' menu doesn't show the option to 'Save your 2025 return to your computer'.    Go to the Investments section, choose 'Add Investments',  'Enter in a Different Way', 'Upload'.  Then your 'Tools Center' pop-up will have the 'Save to computer' option.  Make sure your desktop program is closed, and click the 'Open File' link at the upper right corner and the file will open in TurboTax Desktop.   I just tested this, so hope it works for you!   @dasrust         
contributions/recharacterizations can be backdated to the prior tax year but the subsequent conversion back to Roth as part of a backdoor process is reported in the calendar year it is done, so next ... See more...
contributions/recharacterizations can be backdated to the prior tax year but the subsequent conversion back to Roth as part of a backdoor process is reported in the calendar year it is done, so next year you will get a 1099-R for the conversion for tax year 2026, which will have a finalized market value for whatever was converted.   this backdoor conversion split across tax years is normal situation when backdating the contribution, referred to in the Backdoor Roth page you referenced: If you'll receive a 2026 1099-R in 2026, wait to report it on your 2026 taxes. In this case, only complete Step 1 below for your 2025 taxes. You’ll complete the second step next year when filing your taxes for 2026.     so for 2025 taxes - you would report the contribution & recharacterization only, and the end result will be a non-deductible contribution to your Trad IRA (for the original amount of the contribution), reported on Form 8606 Lines 1 & 14 which will carry forward the basis for 2026 when you report the conversion.   when you enter the recharacterization you will provide the market value that was moved back to Trad IRA and an explanation statement, but the market value of the Trad IRA doesn't matter until you convert it (and you will be taxed on any gains thru this whole process).  I'm not 100% certain if there is any other issue if the final market value changes a bit but I don't think it affects your 2025 return.   perhaps @DanaB27 or @dmertz can confirm any other issues.
Today I tried to efile my Federal and State taxes.  The Federal was accepted, the State was rejected. I filed jointly and was within the $250,000 income limit and I listed the $20,000 exclusion on CA... See more...
Today I tried to efile my Federal and State taxes.  The Federal was accepted, the State was rejected. I filed jointly and was within the $250,000 income limit and I listed the $20,000 exclusion on CA 540, Part 1, line 5, B for subtractions. The Reason for the state return rejected was they wanted to know when I am deployed.  I retired from the US Air Force and 1980, I deployed to the Vietnam in 1968.  Is that the answer they are looking for. If I elect to file a paper copy and mail, that will also rejected by the state of California.  No one seems to know how this works.  Where would I put the info when I was deployed. Any answers.  Don 
PART #1 of your reply is correct, I do not need to re-enter the already entered 1099-R, as this was correctly entered on the original return. I did need to amend it for a 1099-B for dividends, interes... See more...
PART #1 of your reply is correct, I do not need to re-enter the already entered 1099-R, as this was correctly entered on the original return. I did need to amend it for a 1099-B for dividends, interest, and stocks sold via a broker. I have no question about this part, but I do show $5,000.00 owed which is incorrect because it did allow the $5,000 credit for the adoption. I do not use Intiut for the state as my state allows free e-filing and has no issue processing an amendment without corrupting the adoption credit. PART#2 of your response mentions no amendment is required, which is NOT correct. The amendment is required so that it will include the late 1099-B. It is when attempting to amend the return Intuit disallows the $5,000.00 of the adoption credit which the IRS does still allow. This is in complete contradiction to their 100% accuracy guarantee. THE 1040-X AUTOMATICALLY CHANGES THE ADOPTION INFORMATION AND FOR NO VALID REASON. IT WILL NOT LET ME EDIT IT BACK TO WHAT IS SAYS IN THE ORIGINAL RETURN. IT WILL NOT LET ME CHNAGE IT TO MATCH THE ORIGINAL RETURN IN FORM MODE OR STEP BY STEP MODE.
I joined a company in Dec 2024 and received a signing bonus that same month (Dec 2024). I resigned from the company in April 2025 and returned the unvested bonus (9-months worth) back to the company ... See more...
I joined a company in Dec 2024 and received a signing bonus that same month (Dec 2024). I resigned from the company in April 2025 and returned the unvested bonus (9-months worth) back to the company (bonus was vested monthly for 12 months). My federal and CA tax were withheld for the entire 12-months worth of the bonus. I should be able to get the credit back for the 9-months worth of withheld federal and CA taxes (since I returned the 9-months worth of unvested bonus). I figured out how to claim the credit back from the IRS, but I have trouble finding the correct line to enter the credit (of IRC 1341 "Claim of Right") for either Form 540 or Form 540 CA . Can anyone help?  Thanks.