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2 hours ago
It depends. Did you make a profit or were they sold for less than you bought them for?
If you sold these items at a loss, which is common for selling personal items, you can simply leave this i...
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It depends. Did you make a profit or were they sold for less than you bought them for?
If you sold these items at a loss, which is common for selling personal items, you can simply leave this information off of your tax return as the personal loss is not deductible.
If you sold the items at a gain, you'll need to navigate to the Income section, choose Investments and Savings, and select Stocks, Cryptocurrency, Mutual Funds, Bonds, Other. Select (+)Add investments, and Enter a different way, then type it in myself and continue. Choose "Other" as the investment type. Complete the interview to enter information regarding the sale, including proceeds and cost basis that will figure your taxable gain.
2 hours ago
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2 hours ago
Para poderlo hacer, necesitarás recrear tu declaración original, siguiendo los pasos que te dieron NicolleR1 y CesarJ. Tienes que crear una declaración igual a la que ya presentaste y terminarla com...
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Para poderlo hacer, necesitarás recrear tu declaración original, siguiendo los pasos que te dieron NicolleR1 y CesarJ. Tienes que crear una declaración igual a la que ya presentaste y terminarla como si la fueras a enviar por correo. Una vez que termines esta declaración, podrás agregar la forma 1042-S.
Ya que este lista, comienza tu enmienda y agrega la forma 1042-S:
Ve a la sección de Ingresos
Al final de la página, hay una sección de Ingresos menos comunes
Miscellaneous Income, 1099-A, 1099-C
Elije Otros ingresos que no se han reportado en un Formulario W2 o un Formulario 1099
Si tuviste impuesto retenido lo tendrás que ingresarlo en la sección Pagos de impuestos estimados:
Ve a pagos de impuestos estimados en Deducciones y créditos
Los ingresaras como otros impuestos pagados
Ya que ingreses la forma, necesitas enviar tu declaración por correo.
@ariasmr
2 hours ago
I need to determine which dependent is triggering a IND-507-01 rejection. How do I do it
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2 hours ago
Yes, you can.
Here is how to amend a return to update for the 1099-SSA, from How do I amend my federal tax return for a prior year?:
"TurboTax Online
1. On the Tax Home screen, scroll ...
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Yes, you can.
Here is how to amend a return to update for the 1099-SSA, from How do I amend my federal tax return for a prior year?:
"TurboTax Online
1. On the Tax Home screen, scroll down to Your tax returns & documents and select the year you want to amend.
2. Select the Amend (change) return dropdown, then Amend using TurboTax Online. If you're told to amend your return via TurboTax Desktop, follow the steps for TurboTax Desktop instead.
3. Continue through the screens, make the changes you need to make, and carefully answer the remaining questions to finish amending your return."
2 hours ago
How do i get to capital gains and losses
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2 hours ago
You can file as Married Filing Separately in the TurboTax free edition, provided your tax situation is simple. Roughly 3.7% of taxpayers qualify. If you have additional forms or attachments, you'll ...
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You can file as Married Filing Separately in the TurboTax free edition, provided your tax situation is simple. Roughly 3.7% of taxpayers qualify. If you have additional forms or attachments, you'll need to use a different TurboTax product, such as Deluxe.
If you have entered data requiring additional schedules (such as certain interest & complex dividends, or selling stocks and bonds) this is not covered by the free version.
Also keep in mind that if you file Married Filing Separately the IRS requires that if one spouse itemizes, the other must also itemize.
If you have student loan interest or a retirement savers credit or you live in a community property state, this may also disqualify you from using the TurboTax free edition.
And the free edition also does not support Schedules 1,2 or 3 of Form 1040. Form Schedule 1 reports additional income and adjustments to income (such as prize or gambling winnings, rents & royalties, farm income and unemployment income). Schedule 2 reports additional taxes and other taxes (such as additional taxes on IRA's or retirement plans, and self-employment tax) and Schedule 3 reports additional credits and payments (such as the foreign tax credit, credits for child and dependent care and residential energy credits).
If you believe you were upgraded in error, you can downgrade your product by clicking on Downgrade in the left menu of your TurboTax screen How do I downgrade to a different TurboTax Online product?
You can also try selecting "Clear & Start Over" in the Tax Tools to start over. How do I clear & Start Over?
If you have additional information or questions regarding this, please return to Community and we would be glad to help.
2 hours ago
Thank you for your quick response. While working on a tax return at TurboTax, for the question "Did Afifa have any of these common situations in 2025?" If I don't check the box "Had 4 years of c...
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Thank you for your quick response. While working on a tax return at TurboTax, for the question "Did Afifa have any of these common situations in 2025?" If I don't check the box "Had 4 years of college credit before 2025." (This is true; I didn't receive the credit because I was living abroad and was not a US permanent resident.) TurboTax shows me that I am eligible for the "American Opportunity Tax Credit". I think this needs to be fixed for TurboTax interactive filing.
2 hours ago
PURCHASED AT SAM'S
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2 hours ago
One of my investment accounts told me that the made a mistake and had to update one of the documents. So I copied it, uploaded it to my TurboTax filing. Then two days later, they emailed that it was ...
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One of my investment accounts told me that the made a mistake and had to update one of the documents. So I copied it, uploaded it to my TurboTax filing. Then two days later, they emailed that it was a mistake and the form was fine. Ugh. Regardless, it’s been 5 weeks today since I filed and nobody can give me a straight answer as to when I could be sent. TurboTax just says that I filed and the IRS says they are reviewing it. No solid answers. Frustrating
2 hours ago
ok well either way I suggest just entering the 1099 manually, they don't take long to do. these import and upload feature are sometimes more trouble than they're worth.
2 hours ago
I was a part-time resident in NY last year; my NY income was a loss, but my federal income was not. Is there a way for me to carry forward the loss on my NY tax return this year, even though I have n...
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I was a part-time resident in NY last year; my NY income was a loss, but my federal income was not. Is there a way for me to carry forward the loss on my NY tax return this year, even though I have nothing to carry forward on my federal return?
2 hours ago
Despite the fact that the grant was not actually used for room and board, you must say that it was, in TurboTax (TT) to get it to make the grant taxable.
Enter at Educational Expenses and Scho...
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Despite the fact that the grant was not actually used for room and board, you must say that it was, in TurboTax (TT) to get it to make the grant taxable.
Enter at Educational Expenses and Scholarships, under Deductions and credits (not the income section). After answering no to having a 1098-T, answer yes to qualifying for an exception (that gets you to the entry screens). You will have to go thru the whole education interview to get to the scholarship screen.
If you do have a 1098-T, a follow up question will be "do you have any scholarships not shown on the 1098-T". Then you will be asked if any of it was used for room and board (R&B). Enter the amount you want to be taxable. . R&B are not "qualified expenses". So, this is how you tell TT that it's taxable. Note the wording at that screen “or other expenses”. You didn’t have to literally use the scholarship for R&B.
2 hours ago
There is a question to mark the box if you inherited an IRA? Does that mean only in2005?
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2 hours ago
No. The American Opportunity Tax Credit is only for undergraduate college years--not for post-graduate education. You might be able to use the Lifetime Learning Credit.
The Lifetime Learni...
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No. The American Opportunity Tax Credit is only for undergraduate college years--not for post-graduate education. You might be able to use the Lifetime Learning Credit.
The Lifetime Learning Credit is a non-refundable education credit that can reduce your tax owed, but is not added to your refund.
LIFETIME LEARNING CREDIT
https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-credits-deductions/expenses-qualify-lifetime-learning-credit/L7cpyQLrJ_US_en_US?uid=m6eg46im
https://ttlc.intuit.com/community/credits-and-deductions/help/what-expenses-qualify-for-the-lifetime-learning-credit/00/26844
3 hours ago
@rnad , while there is no clean and standard method in TurboTax to recognize foreign "Non-Taxable" income, please can you clarify
(a) what type of foreign income are you talking about ( Foreig...
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@rnad , while there is no clean and standard method in TurboTax to recognize foreign "Non-Taxable" income, please can you clarify
(a) what type of foreign income are you talking about ( Foreign equivalent of Social Security, Govt. pension or what )
(b) your own immigration status ( Citizen/GC or what ?)?
(c) Foreign income from which country ( generally this is asserted in a tax treaty )?
(d) Is this your first year, asserting this treaty condition ?
Please answer my questions. I will circle back once I hear from you --yes ?
In the meantime , is there more I can do for you ? You can add to this thread or if you want to be away from public eye, you can PM me ( just NO PII -- Personally Identifiable Information ).
3 hours ago
If your license show an 10-digit number after the "IDUSA" on the back of the card, don't include "IDUSA" in the box. Only the first three characters.
Make sure there are no spaces, dashes, or e...
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If your license show an 10-digit number after the "IDUSA" on the back of the card, don't include "IDUSA" in the box. Only the first three characters.
Make sure there are no spaces, dashes, or extra characters at the beginning or end of your entry.
If the issue persists, clear your browser cache and cookies, then try again.
Open the links below to see how to do it:
How do I delete cookies
How to clear your cache
3 hours ago
Thanks. I printed off the entire available return but there isn’t anything specific in there about what do send so should I just send the whole thing including the last two sections about GR and Walk...
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Thanks. I printed off the entire available return but there isn’t anything specific in there about what do send so should I just send the whole thing including the last two sections about GR and Walker?
3 hours ago
Is the "value of inventory" for a reselling business the amount items would sell for?
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