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3 weeks ago
You are pretty spot on as to how I think about it. Taxation is two things: theft and voluntary. The Viners that pay tax on the items they receive, do so voluntarily and once you do so, setting a pr...
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You are pretty spot on as to how I think about it. Taxation is two things: theft and voluntary. The Viners that pay tax on the items they receive, do so voluntarily and once you do so, setting a precedent, the IRS holds you to that. These payers also get very mean and nasty to those who see it differently and do not offer to pay taxes. I believe the 6 month rule and the inflated ETV are the factors that cause this theory to not hold water.
3 weeks ago
if you don't pay the mortgage, you can't deduct the interest
you may want to see the article
https://www.withum.com/resources/parent-buys-house-kid-pays-the-mortgage-who-gets-the-interest-ded...
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if you don't pay the mortgage, you can't deduct the interest
you may want to see the article
https://www.withum.com/resources/parent-buys-house-kid-pays-the-mortgage-who-gets-the-interest-deduction/
note the difference in your case in that your daughter is on the title.
3 weeks ago
I co signed my daughters mortgage and on the deed for a tax deduction and was the only reason I co-signed I was told from an accountant since I’m on both I can take the deduction even though I’m not...
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I co signed my daughters mortgage and on the deed for a tax deduction and was the only reason I co-signed I was told from an accountant since I’m on both I can take the deduction even though I’m not making the payments. After researching I’m not really sure I can ?
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3 weeks ago
flex? The refund advance closed for 2024 in Feb 2025. The refund Advance usually starts in January and just when you are ready to file. And only if they offered it to you. You can't self select it...
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flex? The refund advance closed for 2024 in Feb 2025. The refund Advance usually starts in January and just when you are ready to file. And only if they offered it to you. You can't self select it. Then you don't get it until AFTER your efile is Accepted by the IRS which is usually late January. https://turbotax.intuit.com/refund-advance Footnote says…..Funding occurs after IRS acceptance. IRS accepts returns starting late-Jan.
3 weeks ago
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3 weeks ago
The Desktop program came out today 11/4/25 for the Advantage auto-renewal plan members. It should come out for everyone else in the next couple weeks. The Online versions should open in late Novem...
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The Desktop program came out today 11/4/25 for the Advantage auto-renewal plan members. It should come out for everyone else in the next couple weeks. The Online versions should open in late November or early December. So keep checking back.
3 weeks ago
It's not clear what you want to change.
Do you mean that you have a job where you get a W-2, and you want to change to being an independent contractor for the same company? If that's what you wan...
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It's not clear what you want to change.
Do you mean that you have a job where you get a W-2, and you want to change to being an independent contractor for the same company? If that's what you want to do you have to make the arrangements with your employer.
Or did you already change to being an independent contractor, for the same company or a different company, and you want to know how to change the version of TurboTax Online that you are using? If all of your self-employment income is shown on a Form 1099-NEC, and you have no business expenses, you can use TurboTax Deluxe Online. If you have expenses, or you have self-employment income that is not reported on a 1099-NEC, you have to use TurboTax Premium Online. When you start your tax return select the Premium edition. If you need to upgrade the edition you are using, see the following.
How do I upgrade to a different TurboTax Online product?
3 weeks ago
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3 weeks ago
Is it a single-member LLC or multi-member?
If it is multi-member, are you and your spouse the only members? If so, what state are you in?
Has the LLC filed Form 8832 to elect to be treate...
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Is it a single-member LLC or multi-member?
If it is multi-member, are you and your spouse the only members? If so, what state are you in?
Has the LLC filed Form 8832 to elect to be treated as a C corporation or Form 2553 to elect to be treated as an S corporation for tax purposes?
3 weeks ago
Usually mid November.
3 weeks ago
how do I file LLC Taxes?
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3 weeks ago
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3 weeks ago
Turbotax 2025 is out and...you guessed it, it's still compiled for Intel only. I hear they're still trying to find that universal binary switch in Xcode that Apple hides so well. I think we have to q...
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Turbotax 2025 is out and...you guessed it, it's still compiled for Intel only. I hear they're still trying to find that universal binary switch in Xcode that Apple hides so well. I think we have to question their competence at this point.
3 weeks ago
for regular income tax purposes, it should be the capital loss in excess of $3000 + the amount taxable income is negative.
early releases will likely have bugs which will be fixed as updates are r...
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for regular income tax purposes, it should be the capital loss in excess of $3000 + the amount taxable income is negative.
early releases will likely have bugs which will be fixed as updates are released. this issue probably has already been reported for fixing but you ca always contact support.
3 weeks ago
Mandé a hacer nuevamente mis taxes y dicen que ya los hice anteriormente y no fue así. Entonces no sé a dónde fue a parar mi rembolso
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3 weeks ago
I missed taking my 2024 first required minimum distribution from my retirement account and must file IRS form 5329. Question 52 has parts "a" and "b". What is the difference?
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3 weeks ago
Yes you have to enter your dependents in the 2025 program. The Online version should open in late Nov or early Dec. The Desktop programs should come out in a week or 2.
3 weeks ago
When combining appreciated stock and cash gifts to a public charity (DAF), TurboTax is incorrectly applying the 50% AGI coordination limit. For example, with AGI of $100,000 and a stock gift of $30,0...
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When combining appreciated stock and cash gifts to a public charity (DAF), TurboTax is incorrectly applying the 50% AGI coordination limit. For example, with AGI of $100,000 and a stock gift of $30,000 plus a cash gift of $30,000, the full $60,000 should be allowed as a current-year charitable deduction. The software is reducing the stock donation and carrying forward the difference. Is there a specific box or election on Schedule A or elsewhere to correctly apply the 60% of AGI stacking rule and allow the full deduction this year?
3 weeks ago
I recently adopted a little boy and I want to update my personal info on Turbotax. Do I have to wait to file taxes next year?
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3 weeks ago
The 2025 program has not come out yet except if you have the Advantage auto renew plan, then I heard the personal Desktop programs came out today Nov 4, 2025. So the Desktop programs should be comi...
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The 2025 program has not come out yet except if you have the Advantage auto renew plan, then I heard the personal Desktop programs came out today Nov 4, 2025. So the Desktop programs should be coming out in the next couple of weeks. Keep checking back for 2025.