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I am new to having a rental property and want to know if there are exemptions that I could be maximizing that are outside of the typical HOA, mortgage taxes, repairs, etc.. Thank you!! 
No.  There is a space on your W2 to identify the amount of overtime you were paid.  You will enter that amount into the corresponding space in TurboTax.
The recent tax law changes did not change anything for the sale of a primary residence.   If your gain was more than  $250,000 filing Single, or more than $500,000 filing Married Filing Jointly t... See more...
The recent tax law changes did not change anything for the sale of a primary residence.   If your gain was more than  $250,000 filing Single, or more than $500,000 filing Married Filing Jointly the sale must be reported on your tax return.  Whether you re-invested the gain in to another house is irrelevant.  If you  have a Form 1099-S go to Federal>Wages and Income>Less Common Income>Sale of Home (gain or loss) If you owned and lived in the home as your primary residence for at least 2 of the last 5 years on the date of the sale, you do not have to report the home sale if the gain is less than $250K filing Single, or less than $500K filing Married Filing Jointly (and you both owned and lived in the home for at least 2 years).   If you are using online TT, you need Premium software to report the 1099-S  
Favor de leer está página de TurboTax en español para que ver si tus preguntas serán respondidas.   ¿Cuál es la nueva ley tributaria para el pago de horas extras?
https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-refund/refund-advance/L52Mg0G5u_US_en_US?uid=mit7zs6h
No. The tax law will not change for the 2025 tax year regarding capital gains on the sale of a primary residence. The same exclusions still apply.
why was i not even given the option for a refund advance. I searched all over, one thing on google said I had to e-file first and then I could do the advance. but the option is no where to be found, ... See more...
why was i not even given the option for a refund advance. I searched all over, one thing on google said I had to e-file first and then I could do the advance. but the option is no where to be found, and now things I am reading on Google says I can not do it after e-filing. so, how do you do the refund advance? is it just not available now. I am 100% going to go cry now. I NEEEEDED that advance :'(  
It depends on what you mean. There is no 1099 NEC section. A 1099 NEC is sent to you to report income and it depends on the issuer of the 1099 NEC. The deadline for the businesses to issue these to t... See more...
It depends on what you mean. There is no 1099 NEC section. A 1099 NEC is sent to you to report income and it depends on the issuer of the 1099 NEC. The deadline for the businesses to issue these to the contractors is Feb 2. If you are referring to Schedule C, that section is available now.    Let us know specifically what information you are looking for so we may properly address the question.
Fíjate que no me deja avanzar sin colocar eso , mi declaración es para el estado de New York tal vez por eso 
@marialemos  By EAN are you referring to an employer's state account number, i.e., "employer account number?"   And are you unable to phone your employer or payroll department?   NOTE:  Also, are ... See more...
@marialemos  By EAN are you referring to an employer's state account number, i.e., "employer account number?"   And are you unable to phone your employer or payroll department?   NOTE:  Also, are you trying to prepare a return without having received your W-2?    If so, you should wait on your W-2 to arrive before making any final entries.   It may have the additional employer information you need as well as other important items.  Do not try to prepare your return on the basis of pay stubs.  
Since you are married on the last day of 2025, you can only file as married-joint or married-separate. You cannot file as single.  You would have to try both ways to see which is better, but usually ... See more...
Since you are married on the last day of 2025, you can only file as married-joint or married-separate. You cannot file as single.  You would have to try both ways to see which is better, but usually you are better off filing as married-joint.
Do you mean your employer's EIN?   It will be on your W-2.  Employers have until January 31 to issue your W-2.
I want to use an account where I can invest for my children, but the money is accessible before they’re 18. I think I could use a custodial account to invest the funds, but I want to make sure that I... See more...
I want to use an account where I can invest for my children, but the money is accessible before they’re 18. I think I could use a custodial account to invest the funds, but I want to make sure that I can pull the funds out for purchases they may want. For example, if I have a young child who may not want to use the money for 10 years, but will want to pull it out later to buy a bike or a video game, will a custodial account allow me to invest the money to grow it more for them until they may want to use it?
If you were legally married at the end of 2025 your filing choices are married filing jointly or married filing separately when you prepare your 2025 return.   You are considered to be married all ye... See more...
If you were legally married at the end of 2025 your filing choices are married filing jointly or married filing separately when you prepare your 2025 return.   You are considered to be married all year even if the wedding was on December 31, 2025.   Married Filing Jointly is usually better, even if one spouse had little or no income. When you file a joint return, you and your spouse will get the married filing jointly standard deduction of $31,500 (+ $1600 for each spouse 65 or older)  for 2025. You are eligible for more credits including education credits, earned income credit, child and dependent care credit, and a larger income limit to receive the child tax credit.    If you choose to file married filing separately, both spouses have to file the same way—either you both itemize or you both use standard deduction. Your tax rate will be higher than on a joint return.    Some of the disadvantages of filing separately include:    You cannot get earned income credit,  You cannot get education credits or deductions for student loan interest.  You cannot get the childcare credit You have a lower amount of income on which to base the refundable additional child tax credit 85% of your Social Security benefits will be taxable even with no other income  The amount you can contribute to a retirement account will be limited. Capital loss deduction is less than if you file jointly You cannot get the $6000 senior deduction You cannot get the deductions for overtime or tips    If you live in a community property state, you will be required to provide additional information regarding your spouse’s income. ( Community property states:  AZ, CA, ID, LA, NV, NM, TX, WA, WI) and your returns become very complicated.    If  you are using online TurboTax to prepare your returns, you will need to prepare two separate returns and pay twice since with online, you get one return per fee.     https://turbotax.intuit.com/tax-tips/marriage/should-you-and-your-spouse-file-taxes-jointly-or-separately/L7gyjnqyM?srsltid=AfmBOopGqCNexowW0pYgvsf7ycIkrx4VjO_63UXv6vSnfu3UEGQiKQTh   https://ttlc.intuit.com/turbotax-support/en-us/help-article/income/getting-married-mean-taxes/L2RgmagpE_US_en_US?uid=m69on7t0     https://ttlc.intuit.com/turbotax-support/en-us/help-article/taxation/married-filing-separately-community-property/L11CeLUMs_US_en_US?uid=m69ousyh       Best Wishes!
hello, I recently got married back in November 2025.  Should we file jointly or separated? It hasn’t been a year yet.  How should my husband and I file?