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Friday
Enter Your "Seller-Financed" Interest (Even if this wasn't a mortgage or a house sale): Open or continue your return. Search for "seller-financed interest received" (or just "seller-financed") in ...
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Enter Your "Seller-Financed" Interest (Even if this wasn't a mortgage or a house sale): Open or continue your return. Search for "seller-financed interest received" (or just "seller-financed") in the Search box. Click on the "Jump to..." link. OR... Under Federal tab, Click on Wages & Income. Scroll down to Interest and Dividends section, and Click on Start/Revisit next to Interest from Seller-Financed Loans. When asked if this is "Interest from Seller-Financed Loans," Select "Yes". Enter the Borrower's Name, Address, and SSN. Enter the total interest amount. By entering this information in this section: This method allows this money to flow correctly to Schedule B. It identifies it as interest from an individual. It satisfies the IRS requirement to list the payer’s SSN (without causing an "Invalid FEIN" error). If the interest is over $1,500, the IRS technically requires that higher amounts be broken down on Schedule B.
Friday
2025 turbo tax online
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Friday
Does turbo tax have a number I can call to work on a technical issue
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Friday
The care expenses don't show my son, even though he's added as a dependant earlier in the process.
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Friday
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Friday
You have to check it yourself. It is automatic based on your age. It is not part of your Standard Deduction. The new Senior Deduction is separate and in addition to the Standard Deduction or your ...
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You have to check it yourself. It is automatic based on your age. It is not part of your Standard Deduction. The new Senior Deduction is separate and in addition to the Standard Deduction or your Itemized Deductions on 1040 line 12e. The 6,000/12,000 senior deduction will be calculated on 1040 Schedule 1-A page 2 Part V Enhanced Deduction for Seniors which goes to 1040 line 13b with any other sch 1-A amounts. Turbo Tax automatically includes it if you qualify. For Single the deduction starts to phase out at 75,000 and maxes out at 175,000 For Joint the deductions starts to phase out at 150,000 and maxes out at 250,000 If you are married you have to file a Joint return And your SSN must be VALID for employment. Do NOT check the box saying Not Valid under My Info.
For Online version You can preview the 1040 or print the whole return https://ttlc.intuit.com/community/accessing/help/how-do-i-preview-my-turbotax-online-return-before-filing/00/26160 What do you have on 1040 or 1040SR line 13b? See the 1040 ….
Friday
I rent this residence, but there's no apartment number. Turbo Tax is requesting an apartment number as part of it's final checks.
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Friday
To install TurboTax on a Mac, download the .dmg file from InstallTurboTax.com or your Intuit account, open the file, and drag the TurboTax icon into the Applications folder. Ensure your macOS is upda...
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To install TurboTax on a Mac, download the .dmg file from InstallTurboTax.com or your Intuit account, open the file, and drag the TurboTax icon into the Applications folder. Ensure your macOS is updated (Sonoma 14 or later recommended), then open the app from Applications to activate it.
If the installation fails, temporarily disable firewalls or antivirus software, and ensure you have administrator rights.
@buzvincent
Friday
With the K1's against the rental income we have a negative balance of -166813. Do I just put "0" on Schedule 1 line 5, which then goes to 1040 line 8. . Should I do the same with the NYS non r...
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With the K1's against the rental income we have a negative balance of -166813. Do I just put "0" on Schedule 1 line 5, which then goes to 1040 line 8. . Should I do the same with the NYS non resident form IT203 line 11 and 12?
Friday
It's best to transfer your .tax2024 file into TurboTax 2025, not the PDF file. You can search your computer for a .tax024 data file. The default location where TurboTax saves a tax file is Document...
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It's best to transfer your .tax2024 file into TurboTax 2025, not the PDF file. You can search your computer for a .tax024 data file. The default location where TurboTax saves a tax file is Documents > TurboTax. You may have a backup file there (with a 'tilde' sign) that you can transfer to 2025.
Or, you can open TurboTax 2024 and re-save your file to your desktop. When you start a new return in TurboTax 2025, browse to that file to transfer.
@Tax628
Friday
i live in illinois but work in indiana what schoud i do?
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Friday
Each line does, however, have 1d proceeds and a cost basis factor. Turbotaxonline is insisting on a date acquired and cost basis. There are quite a few of these, but they're all small amounts (~$2)
Friday
Cuando y como recibiré mi reembolso
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Friday
I being charged for Expert Assist and state filing before submitting my retuen. I do not want go forward with transaction. I am not file my taxes.
Friday
When I go to Foreign Tax credit, it automatically gives credit for Foreign tax credit for dividends on 1099 Div and 1099 B. when it asks "Tell us about your Foreign taxes" I select None of this apply...
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When I go to Foreign Tax credit, it automatically gives credit for Foreign tax credit for dividends on 1099 Div and 1099 B. when it asks "Tell us about your Foreign taxes" I select None of this apply so it takes away 1099 Div credit which is very small. which I want so, so far good but I have sold apartment in India and try to go to to next screen to go to Passive Income but it again brings 1099 Div and 1099 B and wants me to select mutual funds My capital gain on property sale is high and I want form 1116 to be generated for property gain first so I can file electronically. How do I bypass so I can reach to Passive income screen and then pick India as country, give gross income and tax deducted to get tax credit on capital gain on sale of apartment in INDIA. I have first entered sales information In Income section under, Investments as other and named Apartment sale in India, hoping A for apartment it gets picked up before Banks and other income when I go for credit section. PLEASE HELP
Friday
Each line does, however, have 1d proceeds and a cost basis factor. Turbotaxonline is insisting on a date acquired and cost basis. There are quite a few of these.
Friday
Please check my return for the 6000 deduction for the senior citizen bonus
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Friday
In "Smart Check", I'm getting "Hftottinc" is marked as estimated." and "Httradroth is marked as estimated." I didn't make any IRA contributions for 2025. How can i clear/fix these errors?
Friday
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