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5 hours ago
If you didn't withhold Federal or State taxes from the payment you made to your tenant, then you can leave boxes 4, 16, 17 and 18 blank.
5 hours ago
@user17689381264 wrote: My ETV for the year was less than $600 so I’m not even going to receive my 1099 but I still believe it’s fair to at least pay some type of tax on the items I reviewed. ...
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@user17689381264 wrote: My ETV for the year was less than $600 so I’m not even going to receive my 1099 but I still believe it’s fair to at least pay some type of tax on the items I reviewed. It's not about fairness. The law states you need to report all income, including the income you received under the 1099 threshold. Just because Amazon doesn't need to report your income doesn't mean you do not need to report it. Also, keep in mind that if Amazon is audited, your name may still be mentioned. @user17689381264 wrote: I feel as though submitting it as business would be wrong as that I’m not a business nor do I own one You don't need to own an actual business to be active in business activties. There are several reasons why this could be considered a business (see here: https://www.irs.gov/newsroom/heres-how-to-tell-the-difference-between-a-hobby-and-a-business-for-tax-purposes). @user17689381264 wrote: I look at it as an exchange or barter system rather than cash earned. Receiving goods in exchange for services, which is exactly what Vine is, is considered bartering. Many states in the US consider bartering a business activity, and you may even have to pay sales tax (I believe this is the case in CA, NY, and WA, possibly in more states) or general excise tax (HI), even though you didn't actually purchase the items. You may want to check with a CPA in your state to check on your specific law. Also, on a federal level, you might find this interesting, too: https://www.irs.gov/taxtopics/tc420 Please note, I am not a tax consultant. I am a Viner, like you. Not only do I believe I should file as a business based on the IRS guidelines, but also because my state (HI) requires it as they consider this both bartering and a taxable business activity. While I don't like it because of the General Excise Tax, it does allow me to write off certain things. The downside has a bit of an upside 🙂 Either way, consider talking to a CPA, even just once, so you can understand what the applicable laws are for you.
5 hours ago
No, TurboTax tax experts cannot help with prior year tax returns.
5 hours ago
You will not be able to use desktop download for a 2025 tax return on Windows 10. You need Window 11, or you can use online TurboTax instead.
5 hours ago
The TurboTax section for IRAs, 401-Ks, and 1099-R etc. is scheduled to have an update on January 21st 2026.
5 hours ago
@poppycosby You can't remove it until you first add it to the Federal area . You can't add it to the Federal area until 21 January (maybe 22 Jan if late) _______________________ Sometimes, fo...
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@poppycosby You can't remove it until you first add it to the Federal area . You can't add it to the Federal area until 21 January (maybe 22 Jan if late) _______________________ Sometimes, for many states, when you enter it in the Federal area, there is a follow-up page right after your main form entries, where you indicate it is a Fed pension, and that automatically removes it form being state income ....but that depends on which state is involved. That's for many states, but I know PA doesn't deal with it until you start in on the actual State Q&A...could be a few other states too.
5 hours ago
Hmm... I think that setting disables a different type of "recommendation", not the adware stuff in the Start menu and the Widgets screen. But I've already deleted my test VM so can't confirm this t...
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Hmm... I think that setting disables a different type of "recommendation", not the adware stuff in the Start menu and the Widgets screen. But I've already deleted my test VM so can't confirm this theory (and my PC hardware is now running IoT Enterprise so that stuff isn't present anyway). In any case, it's pretty clear that M$ has configured Windows 11 Home edition to be "opt-in" by default to this junk. And I'm sure that they are more than happy when the "average" user just totally ignores it as they launch Office 365 to edit their Word documents. Better yet, let them actually doom-scroll that never-ending "current events" storyboard in the Widgets screen. 😵 An operating system was always considered just a tool to run applications to process data. But Windows 11 includes an ad platform for revenue generation, and even worse, offers up our data as training for artificial "intelligence". It should be a moral imperative for all of us to stop all of this nonsense immediately, in any way we can. Turn it all off (or don't let it be installed in the first place). Find replacement apps for anything that's obviously part of the problem, e.g. MS Office 365 (LibreOffice works fine for word processing and spreadsheets). Keep your data local and under your control. Yeah, the idea that I will be switching to TurboTax Online ever? Such a joke! 🤡 (I've spent a whole day here on my rants, time for me to go outside and get something done...)
6 hours ago
Very disappointed if Win 10 not supported
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6 hours ago
MORE DETAILS: TurboTax has an error when reporting charitable deductions of both cash and stock to the same organization. It will accept the entries, and report it correctly on the Charitable Donat...
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MORE DETAILS: TurboTax has an error when reporting charitable deductions of both cash and stock to the same organization. It will accept the entries, and report it correctly on the Charitable Donations screen, but then if I view the form for the donations to that organization I get an error that is impossible to resolve. Specifically, I get red marks (screenshot below). I'm guessing that it gets confused by having 2 different types of donations to the same organization, but the software clearly allows me to select more than one when defining the donation type(s) in the Step-By-Step mode.
6 hours ago
yes a bout my program and I need to instal
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6 hours ago
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6 hours ago
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6 hours ago
The Overtime Deduction typically covers the difference between your regular pay and overtime pay. If your regular pay is $20 per hour, and your overtime pay is $30 (time and a half), the $10 differen...
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The Overtime Deduction typically covers the difference between your regular pay and overtime pay. If your regular pay is $20 per hour, and your overtime pay is $30 (time and a half), the $10 difference is the premium. For double time, only the portion required by the Fair Labor Standards Act (FLSA) is eligible. If your regular pay is $20 per hour, and your overtime pay is $40 per hour, $10 remains the eligible portion.
Your total premium would be the number of hours worked times the premium, up to the maximum deduction of $12,500 Single/$25,000 for Married Filing Jointly. This deduction begins to phase out with modified gross income over $150,000 Single / $300,000 MFJ.
There are 4 main ways that your Overtime Deduction can be determined. From best practice to least, they are:
From your W-2, most likely in box 14,
A statement provided by your employer with the amount,
Year-end pay stub, or
Calculate the deduction yourself (not recommended)
Do you have anything in box 14 on your W-2? Is it your overtime premium that qualifies for the deduction? If you entered info from box 14 into TurboTax, the deduction is calculated from this.
If there is no information in box 14 of your W-2, leave it blank on the W-2 section. Continue to the next screen or until you reach the section, “Let’s check for other situations.” Select ‘Overtime’, and then continue. Next you will reach the heading, 'Let’s see if your overtime qualifies as tax-free.' Here you can choose ‘Help me calculate my eligible overtime.’ Answer the question, ‘Were you an exempt employee at {company name}?’ The deduction will not apply if you were an exempt employee.
Next TurboTax will ask, ‘Did you get a statement or letter from your employer with your eligible overtime?’ Select yes or no. For yes, TurboTax will ask additional questions.
If no, it will ask, ‘Do you have a year-end paystub that shows your total overtime for 2025?’ If you click yes, TurboTax will ask you to input information from your paystub. If you click no, TurboTax will ask you to input the amount of eligible overtime. I strongly recommend contacting your employer at this point. But if you feel confident enough to calculate yourself, here is how to do it.
For time and a half, the deductible premium is 1/3 of the total amount of overtime. For double time, the deductible premium is 1/4 of the total amount of overtime. If you have both time and a half and double time overtime, calculate them separately.
The steps I've outlined are based on the layout of TurboTax at the time of this post. It's possible that the order the questions are asked will change at some point in the future. But this should still provide the general idea of how to take this deduction.
Here is a link to additional information:
https://turbotax.intuit.com/tax-tips/tax-deductions-and-credits/no-tax-on-tips-how-it-works-in-the-one-big-beautiful-bill/c1thHf1sU
Hope this helps! Let me know if you have any follow-up questions in the comments.
6 hours ago
I don't understand why this is taking so long. Response I got was 1099-R will be ready on 1/21, but who knows. Not sure why all the pieces are not done together. Know we can't file before the end ...
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I don't understand why this is taking so long. Response I got was 1099-R will be ready on 1/21, but who knows. Not sure why all the pieces are not done together. Know we can't file before the end of the month but would still like to get everything in.
6 hours ago
Also, which state's ID (Driver's Lisc...or non-Driver's Lisc.?) ...........try with three zeros to start
6 hours ago
No one else can see your screen or your tax return. Please be specific about what you think is messed up and ask clearly worded complete questions so someone will know how to help.
6 hours ago
You cannot change the tax year. The current online program is for 2025 only. Only a 2025 return can be prepared online and only a 2025 return can be e-filed.
Online preparation and e-filing...
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You cannot change the tax year. The current online program is for 2025 only. Only a 2025 return can be prepared online and only a 2025 return can be e-filed.
Online preparation and e-filing for 2022, 2023, and 2024 is permanently closed.
Note: The desktop software you need to prepare the prior year return must be installed/downloaded to a full PC or Mac. It cannot be used on a mobile device.
To file a return for a prior tax year
If you need to prepare a return for 2022, 2023, or 2024 you can purchase and download desktop software to do it, then print, sign, and mail the return(s)
https://turbotax.intuit.com/personal-taxes/past-years-products/
You may also want to explore purchasing the software from various retailers such as Amazon, Costco, Best Buy, Walmart, Sam’s, etc.
Remember to prepare your state return as well—if you live in a state that has a state income tax.
https://ttlc.intuit.com/turbotax-support/en-us/help-article/state-taxes/contact-state-department-revenue/L9qVToi02_US_en_US?uid=m6e06um0
When you mail a tax return, you need to attach any documents showing tax withheld, such as your W-2’s or any 1099’s. Use a mailing service that will track it, such as certified mail so you will know the IRS/state received the return.
Federal and state returns must be in separate envelopes and they are mailed to different addresses. Read the mailing instructions that print with your tax return carefully so you mail them to the right addresses.
6 hours ago
No.
You do not upload a spreadsheet for expenses to your tax return. You just have to report the total for the year for each category of expenses. And you keep all records to justify the amount...
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No.
You do not upload a spreadsheet for expenses to your tax return. You just have to report the total for the year for each category of expenses. And you keep all records to justify the amounts reported in your tax return.
6 hours ago
how do you file a past year tax return
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