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Friday
I am now worried....I just entered my estimated information and when I went to see my Form 1040 it is showing I have taxable income of $1119 but it is not showing any tax due....
Friday
I receive a 1099-R (retirement, from which state/CA and federal taxes are withheld). I also receive a 1099-SSA form from which NO taxes are withheld. The software doubled the amount of my withholding...
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I receive a 1099-R (retirement, from which state/CA and federal taxes are withheld). I also receive a 1099-SSA form from which NO taxes are withheld. The software doubled the amount of my withholding, showing the same amount withheld on my 1099R and 1099SSA. There does not appear to be a way to edit this and correct it. I need all “taxes withheld” removed from my 1099-SSA entry. I uploaded my forms. Help please!
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Friday
The extension is form 4868. It should be part of your tax return. In addition, if you made a payment by April 15th online, you would have marked it as part of your extension. Check your records for p...
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The extension is form 4868. It should be part of your tax return. In addition, if you made a payment by April 15th online, you would have marked it as part of your extension. Check your records for payments as well. The payment counts as an extension request if you don't have the 4868 and properly marked the payment.
Friday
1 Cheer
The suggestion to use the forms view for the retirement section works...thanks...it gets me over a hump.
Friday
I went through the sch C and was able to enter income under the NEC, MISC, K and general income. Something must be wrong with the version you are using. If you are using desktop, try installing updat...
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I went through the sch C and was able to enter income under the NEC, MISC, K and general income. Something must be wrong with the version you are using. If you are using desktop, try installing updates. If you are using the online version:
Log out of your return and try one or more of the following:
Don't use Internet Explorer.
Clear cache and cookies,
Sign in using a different browser.
Sign in using a different device.
Log back into your return.
Friday
I have a screenshot from the site that I took on the day of the sale that indicates the amount I have in capital gains, and I have the transaction record from the platform but little else. I purchased...
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I have a screenshot from the site that I took on the day of the sale that indicates the amount I have in capital gains, and I have the transaction record from the platform but little else. I purchased this crypto by making small purchases monthly.
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Friday
The "previous" screen had two radio button choices, and I chose the lower one which results as pictured. However, after the most recent update, the red message is now GONE. The screen accepted the e...
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The "previous" screen had two radio button choices, and I chose the lower one which results as pictured. However, after the most recent update, the red message is now GONE. The screen accepted the entries this time without change and allowed me to continue. Please consider this thread closed. Thanks for your answer anyway. The software will undoubtedly improve as more of us ferret out more features.
Friday
Where did you buy the Code? And did you buy the code for the Desktop program or the Online version? Some stores are selling a code to use the Online browser version. And if you are on Windows, d...
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Where did you buy the Code? And did you buy the code for the Desktop program or the Online version? Some stores are selling a code to use the Online browser version. And if you are on Windows, do you have Windows 10 or 11? You need Windows 11 this year. Authorized Sellers https://ttlc.intuit.com/turbotax-support/en-us/help-article/intuit-product-orders/obtain-authentic-turbotax-programs/L1yYfitCw_US_en_US?uid=lv4rnzmq
Friday
My disabled adult son has counted as my dependent, since I am his sole source of income and care. This year, TurboTax is telling me do no longer qualifies as a dependent, despite his information bein...
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My disabled adult son has counted as my dependent, since I am his sole source of income and care. This year, TurboTax is telling me do no longer qualifies as a dependent, despite his information being the same as previous years. I would like to know why?
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Friday
Please delete misc intent income
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Friday
You would likely need to report your share of company income or loss if you were part owner of a business. The only exception might be if you were a shareholder in a "C" or regular corporation. Other...
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You would likely need to report your share of company income or loss if you were part owner of a business. The only exception might be if you were a shareholder in a "C" or regular corporation. Otherwise, you would likely be a partner in a partnership or a shareholder in an "S" corporation. In either one of those situations, you should receive a Schedule K-1 from the business reporting your share of the company's income, loss and/or other pertinent tax information. You would use that form to make the required entries on your personal tax return.
Friday
Thanks. I will try later on this month.
Friday
You can deduct the cost of materials used for the rental unit. Your sweat equity has no value. You can deduct the drywall and paint and labor others did for the jobs.
Friday
Attempted multiple times to sign up for email notification when the 1099R section is available. TurboTax keeps incorrectly entering Form 3903, Moving Expenses, as the related form for notification. H...
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Attempted multiple times to sign up for email notification when the 1099R section is available. TurboTax keeps incorrectly entering Form 3903, Moving Expenses, as the related form for notification. How do I sign up for email notification that the 1099R section is available for input?
Friday
Technically you should report the research study activity separately as it appears to not be related to the speaking and writing activities. It should not matter overall though, as the net income fro...
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Technically you should report the research study activity separately as it appears to not be related to the speaking and writing activities. It should not matter overall though, as the net income from both activities will be combined to determine the income to be taxed, even if either one or both of them reports a loss.
Friday
1 Cheer
The sale of a personal residence is often not taxable, if you lived in the home 2 out 5 years and have less than $250,000 in capital gains per person. If you do not meet the rules or had more capital...
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The sale of a personal residence is often not taxable, if you lived in the home 2 out 5 years and have less than $250,000 in capital gains per person. If you do not meet the rules or had more capital gains, it should be showing the income on Sch D.
There are exceptions for special circumstances as well such as military, health issues, etc that allow a proration.
Form 8949 is active and working and carries to capital gains on sch D.
I am glad you got through the rental. We are glad to help!
Friday
@sallydolan60 That doesn't sound like legitimate TurboTax Support. TurboTax does not charge a fee to help callers like that. Did you give them your credit card number or even worse, a debit card...
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@sallydolan60 That doesn't sound like legitimate TurboTax Support. TurboTax does not charge a fee to help callers like that. Did you give them your credit card number or even worse, a debit card number? Here's a way to reach legitimate TurboTax Support so you can discuss it with them: https://ttlc.intuit.com/turbotax-support/en-us/contact/ When you talk to them, tell them about the suspicious phone or site and your security concerns.
Friday
You need to choose "Other (not classified)" as the category and type in "Overtime" in the description box. On a later screen you will see "Let's check for uncommon situations" where you need to check...
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You need to choose "Other (not classified)" as the category and type in "Overtime" in the description box. On a later screen you will see "Let's check for uncommon situations" where you need to check the "Overtime" box. You will then be asked to enter your overtime compensation and answer a few questions.
Friday
Just need to restart
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