turbotax icon
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

All Posts

LLCs can take many forms for income tax purposes. single-member which is disregarded for income tax purposes. Multi-member that usually requires filing a partnership return. electiion to be treated a... See more...
LLCs can take many forms for income tax purposes. single-member which is disregarded for income tax purposes. Multi-member that usually requires filing a partnership return. electiion to be treated as a corporation either C or S corp.   There is also the liability issue regarding the vehicle.  In your personal name with personal insurance on the vehicle, you may find that under state law you have no insurance if an accident occurred while using it for business. discuss with the company insuring the vehicle     A w-2 would only be required if you formed the LLC as a corporation.
TurboTax does not  retain copies of your W-2's or your 1099's.   There are no images of those documents stored in the software.  Only the information that you entered---whether you keyed it in manual... See more...
TurboTax does not  retain copies of your W-2's or your 1099's.   There are no images of those documents stored in the software.  Only the information that you entered---whether you keyed it in manually, imported it, snapped a photo--- is on the worksheets that are part of the pdf of your tax return.     I NEED A COPY OF MY W-2  (or 1099)      W-2's come from employers.  There is not a federal or national website that provides W-2’s.     TurboTax does not have a copy of your W-2—the Wage & Tax Statement—issued to you by your employer, (nor does TurboTax have copies of your 1099’s).   Whether you entered your W-2 by keying it in yourself, importing from a payroll site or by snapping a photo using the mobile app—-TT does not have a copy of your W-2.  If you saved a pdf of your completed tax return, the worksheets will show the W-2 information you entered, but not the actual W-2.      You should always save those documents for your own records. You could ask the employer(s) for copies or you can get a copy from Social Security (for a fee of $62).   To get a copy of a W-2 from Social Security https://faq.ssa.gov/en-us/Topic/article/KA-02501   https://www.irs.gov/help-resources/tools-faqs/faqs-for-individuals/frequently-asked-tax-questions-answers/irs-procedures/transcript-or-copy-of-form-w-2/transcript-or-copy-of-form-w-2     You can get a wage and income transcript from the IRS:  It will not show the actual W-2, 1099’s, etc, but will show the income information the IRS received.  It will not, however, show your state information. It will only show the federal information. https://www.irs.gov/individuals/get-transcript   Or you can pay the IRS $30 for an actual copy of your tax return which will include copies of your W-2’s      https://www.irs.gov/pub/irs-pdf/f4506.pdf      https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-forms/get-copy-w-2/L8FTim9MO_US_en_US?uid=m68ee4os       You do not say what kind of 1099 information you entered or that you are looking for.  There are over a dozen kinds of 1099's.  A 1099NEC is typically issued by an individual or business for whom you performed work as an independent contractor, so seek a copy from them if you did not save yours.  Many of the other types of 1099's are issued by banks, brokerages and other financial institutions from which you can seek copies.  
I have same bug sighting, crash on Done with Income on MacOS Tahoe 26.2. Is there any workaround? 
It’s always a good idea to keep business and personal accounts separate. 
You don’t have to do anything as far as tax reporting is concerned. You can leave the small amount in your traditional IRA or withdraw it. 
The issue is whether the IRS considers that you flipped the house with the intent of making a profit. If so, you are in business and would generate the 1099-NEC. It doesn’t matter that you are an “in... See more...
The issue is whether the IRS considers that you flipped the house with the intent of making a profit. If so, you are in business and would generate the 1099-NEC. It doesn’t matter that you are an “individual”. 
No thank you. Not buying last years software just to input comparative data. 
I'm passed disappointment!  the first time I needed help TT fails me, I will not use them again in the future. 
Greetings,   Happy Holidays. I did back door Roth contribution (non-working spouse) through Fidelity in Nov 2024. Deposited funds held in Trad IRA before available to transfer to Roth IRA. Based on... See more...
Greetings,   Happy Holidays. I did back door Roth contribution (non-working spouse) through Fidelity in Nov 2024. Deposited funds held in Trad IRA before available to transfer to Roth IRA. Based on order history, I converted Full available (7000.85: CONV TO ROTH IRA) on 11/25/2024. A few days later, I noticed there was dividend amount received for the time the funds were in Traditional IRA. I did not file any form for that dividend in 2024 filing or transfer that amount (now total $21) to Roth.    1. Reported 7000.85 in 2024 filing on 1040 form as IRA distribution (4a) - based on form received from Fidelity. Any additional filing I missed? 2. How to address dividend amount in Traditional IRA (now its 2025 filing time).   Thanks in advance.  
  @Alanprater1953  IF...if you used the "Online" TTX software last year (i.e. for 2024 taxes) Then, before you can see and download your 2024 tax forms: 1)  You are required to start thru a number... See more...
  @Alanprater1953  IF...if you used the "Online" TTX software last year (i.e. for 2024 taxes) Then, before you can see and download your 2024 tax forms: 1)  You are required to start thru a number of pages of tea 2025 software first. 2) Once the left-side menu shows up more fully, you can click on Tax Home....then scroll down the page to expand and display any prior year's taxes you prepared in that account. ____________________________ @Alanprater1953
You can create a 1099 when using Quick Employer Forms. Go to this TurboTax website for information on QEF - https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-forms/create-w-2-1099-for... See more...
You can create a 1099 when using Quick Employer Forms. Go to this TurboTax website for information on QEF - https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-forms/create-w-2-1099-forms-employees-contractors/L0yjM6jDz_US_en_US
I know i need to file two spereate schedule Cs but im asking how and where do i do this. Is there a way to manually do this on turbo tax or will it ask me as I am working. Forms aren't available yet ... See more...
I know i need to file two spereate schedule Cs but im asking how and where do i do this. Is there a way to manually do this on turbo tax or will it ask me as I am working. Forms aren't available yet and I've never done more than one so I'm just trying to figure out what to expect.
TurboTax (TT) does not automatically prepare a School District return (form SD100), you must initiate it. At the screen, in the Ohio program, titled  "A few things before we wrap up your state taxe... See more...
TurboTax (TT) does not automatically prepare a School District return (form SD100), you must initiate it. At the screen, in the Ohio program, titled  "A few things before we wrap up your state taxes"       scroll down to School District taxes.  Or later at the screen  "Your 2022 Ohio Taxes are ready for us to check"     -Click Other situations     -Scroll down to School District taxes.   Usually  the School District Income Tax (SDIT) return  is e-filed with the state return, but there are exceptions. Read the Ohio 'filing instructions" that TurboTax prepares, They will tell you if the SD100 was e-filed or if you have to mail it.   If it was prepared, it will be on the list of Ohio forms, whether actually filed or not.   Note: Beginning in 2024, TT will ask “Do you want to file your School District taxes”, if your W-2 showed SD withholding in box 19.
Why should we have to use 2024 and adjust and guess?
I am SO disappointed with TurboTax.  I just wanted the basics and NO, did not do it!  I am so disappointed, really?
Please post a clearly worded question regarding your income tax return here -- if you have an actual question.
This is the user forum for TurboTax where we help with questions about completing income tax returns and questions about the tax software.   We do not help with car problems, unless those problems ar... See more...
This is the user forum for TurboTax where we help with questions about completing income tax returns and questions about the tax software.   We do not help with car problems, unless those problems are related in some way to your tax return.  Do you have an income tax question to ask?