All Posts
17 hours ago
It depends, you can exclude foreign earned income from your US taxable income if you meet the "Physical Presence Test." This test requires you to be physically present in a foreign country or countr...
See more...
It depends, you can exclude foreign earned income from your US taxable income if you meet the "Physical Presence Test." This test requires you to be physically present in a foreign country or countries for at least 330 full days during any 12-month period. To qualify, your tax home must also be in a foreign country. The Foreign Earned Income Exclusion lets you to exclude up to a certain limit of foreign income earned during that tax year (e.g., up to $130,000 for tax year 2025). Income excluded this way must still be reported on your US tax return, typically on Form 2555. Note that claiming this exclusion affects eligibility for certain credits and deductions, such as the Earned Income Credit. You need to meet all the IRS requirements for the exclusion, including the presence and tax home tests.
17 hours ago
Your income from Uber is considered self-employment that is normally reported on Schedule C. Even if you didn't receive Form 1099-K for this income, you can still report this as "other income" for yo...
See more...
Your income from Uber is considered self-employment that is normally reported on Schedule C. Even if you didn't receive Form 1099-K for this income, you can still report this as "other income" for your Uber business.
To find this topic in TurboTax Online, use the magnifying glass and search for "schedule c," then use the jump-to link to go directly to that section under Wages & Income.
For more help, see Tax Tips for Uber, Lyft, and other Car Sharing Drivers.
17 hours ago
It says 1095-A
17 hours ago
Use this link to call TurboTax customer support and be sure to request a billing specialist, which will help route your call.
17 hours ago
@SteamTrain - Thanks. Very helpful. I'm curious, I paid good money for each and every version of TT I purchased. And TT has the "Products" page, which lists the versions I've purchased. One would ass...
See more...
@SteamTrain - Thanks. Very helpful. I'm curious, I paid good money for each and every version of TT I purchased. And TT has the "Products" page, which lists the versions I've purchased. One would assume TT makes the downloads available for longer than 3-4 years. But, it appears they don't. This seems so wrong.
17 hours ago
@Doylerobi What income are you referring to? What form is the income being reported on?
17 hours ago
@saltbayfarm Go back to the Federal Wages&Income section and EDIT any W-2, 1099-R or other income forms you entered. Check the values of Every Box on each form....especially the state lines. ...
See more...
@saltbayfarm Go back to the Federal Wages&Income section and EDIT any W-2, 1099-R or other income forms you entered. Check the values of Every Box on each form....especially the state lines. There is, almost certainly, an error in one of the state lines in one (or more) of those forms. That kind of error can be a missed decimal point in one of the $$ numbers you typed... ...or... ........if you uploaded a picture or PDF of any of those income forms...then it is always CRITICAL that you edit that form and check that every number you entered is correct and in the correct box.
18 hours ago
I don't completely understand what all you were experiencing in the program with the AGI messages when you submitted the first 2 attempts. So see what happens with whatever you did this third time....
See more...
I don't completely understand what all you were experiencing in the program with the AGI messages when you submitted the first 2 attempts. So see what happens with whatever you did this third time. Please clarify something. Is your return as a single taxpayer, or is this a married joint return, or married filing separately? In your original question you said "my AGI" and "my return", so I assumed you were a single taxpayer. And "most" of your response used "me, I, " etc. Then suddenly one time you said "I remember entering our AGI the first time I resubmitted." If you are married, are you filing a joint return, or married filing separately? Or are you a single taxpayer? If this is a married joint return, it's important to know exactly "whose" 2024 AGI has been rejected. You wrote: "Will I be penalized for late submittal? My original filing was April 12, my first resubmittal was April 15, and the second on the 18th." Since you efiled prior to the April 15 deadline and got rejected, you should have an extra 5-day grace period to either resubmit a successful efile or to postmark the return by April 20. If you are due a Federal refund, there is no penalty for a late Federal return. Furthermore, since you said "stationed at a US military base in Germany", you may qualify for an automatic 2-month military extension (without filing Form 4868) if you are active duty and stationed abroad (see article below.) I'm a fellow user--not a tax expert, and I'm certainly not an expert on military filing and automatic extensions some are entitled to. If you qualify and need that extension, I think you have to attach a statement to your return when you ultimately file it. Again, if you're getting a Federal refund, that's moot, since there is no penalty for a late return that's due a refund (state return rules might vary.) If you owe taxes due, however, you should have paid them by the April 15 deadline to avoid a "failure-to-pay" penalty (which is the heftier penalty than a late penalty). Intuit Article: Military Tax Return Filing and Extensions https://turbotax.intuit.com/tax-tips/military/tax-return-filing-and-payment-extensions-for-the-military/L8EiW19iD#GoTo-Filing-tax-returns-and-making-tax-payments
18 hours ago
As baldie tax said, it's too late to contributed to your traditional IRA for 2025. If you filed your 2025 tax return claiming a deduction for an IRA contribution or included Form 8606 showing a nond...
See more...
As baldie tax said, it's too late to contributed to your traditional IRA for 2025. If you filed your 2025 tax return claiming a deduction for an IRA contribution or included Form 8606 showing a nondeductible contribution for 2025, you'll need to amend to correct that.
18 hours ago
Where in Turbo Tax do I enter the income?
18 hours ago
Tu reembolso de impuestos de $367 siendo menor que los $619 que pagaste puede deberse a varias razones comunes. El IRS puede reducir reembolsos para cubrir deudas pendientes, como manutención infanti...
See more...
Tu reembolso de impuestos de $367 siendo menor que los $619 que pagaste puede deberse a varias razones comunes. El IRS puede reducir reembolsos para cubrir deudas pendientes, como manutención infantil o préstamos federales. Además, errores o ajustes en tu declaración fiscal pueden cambiar el monto del reembolso. Como presentaste tu declaración a principios de marzo, es posible que tu reembolso aún esté en proceso. Los retrasos en reembolsos pueden ocurrir por verificaciones de créditos, problemas con la información bancaria o controles de seguridad del IRS. Normalmente, el IRS envía una carta explicando cualquier reducción o retraso. Revisar los detalles de tu declaración también puede aclarar la diferencia entre lo que pagaste y el reembolso recibido.
18 hours ago
@Klairem73 no - your daughter is part of you ex-wife's household for ACA purposes.
18 hours ago
I don't think extensions apply for contributions per 590a https://www.irs.gov/pub/irs-pdf/p590a.pdf Contributions must be made by due date. Contributions can be made to your traditional IRA for ...
See more...
I don't think extensions apply for contributions per 590a https://www.irs.gov/pub/irs-pdf/p590a.pdf Contributions must be made by due date. Contributions can be made to your traditional IRA for a year at any time during the year or by the due date for filing your return for that year, not including extensions. For most people, this means that contributions for 2025 must be made by April 15, 2026. @carolinatbr16 your broker won't allow you to designate a contribution for 2025 at this point. you'll need to amend your return to remove the contribution.
18 hours ago
@nj follow form 1095A exactly as it is presented to you. If november and december are blank, then leave it blank in Turbo Tax
18 hours ago
@boricuanyc contact your IRA administrator and discuss,
18 hours ago
@carolinatbr16 unless you filed an extension, no.
18 hours ago
Topics:
18 hours ago
Very convoluted and not transparent
18 hours ago
Es común que en la temporada de impuestos, si realizas tu pago estatal cerca del fin de semana, los bancos no procesen los pagos durante esos días. Por eso, el cargo del impuesto estatal de Carolina ...
See more...
Es común que en la temporada de impuestos, si realizas tu pago estatal cerca del fin de semana, los bancos no procesen los pagos durante esos días. Por eso, el cargo del impuesto estatal de Carolina del Norte podría tardar en aparecer en tu tarjeta de crédito hasta la próxima semana. Además, el cargo federal puede mostrarse primero porque puede procesarse en un sistema o momento diferente. En resumen, si ves reflejado solo el pago federal, probablemente debas esperar unos días más para que se procese y aparezca el cargo estatal.
19 hours ago
Yes. Leave the columns for those months blank (empty).