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3 hours ago
I discovered this problem last summer (2025), contacted TaxAudit and had my tax defense subscription upgraded to cover the full statute of limitiations. At my expense of course. This year (March 2026...
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I discovered this problem last summer (2025), contacted TaxAudit and had my tax defense subscription upgraded to cover the full statute of limitiations. At my expense of course. This year (March 2026), after investigating the current situation using an AI chatbot, I took its recommendation and declined the $60 tax defense offered through TurboTax. After my e-file was confirmed accecpted by the IRS, I went directly to the TaxAudit web site and through my existing account, signed up for full duration 2025 tax defense coverage, for $50. Is it possible that TT has reverted back to offering full duration coverage? Possibly. But I decided the safest option was to deal directly with TaxAudit, be assured that I got what I wanted, and save $10 vs the TT price!
3 hours ago
If you made a payment as a bank withdrawal, be patient. Amended returns don't get processed quickly.
You can check the status of the amended return at the IRS website
Check your amended ret...
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If you made a payment as a bank withdrawal, be patient. Amended returns don't get processed quickly.
You can check the status of the amended return at the IRS website
Check your amended return
What you need
Social Security number
Date of birth
ZIP Code
3 hours ago
It depends. If you do have a capital loss carryover, and if any part of that loss is from assets you acquired before December 31, 2011 (not common), you must enter that amount if you are an Arizona r...
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It depends. If you do have a capital loss carryover, and if any part of that loss is from assets you acquired before December 31, 2011 (not common), you must enter that amount if you are an Arizona resident.
AZ Subtractions from Income
This phrase refers to a specific, 25% Arizona state tax deduction for net long-term capital gains derived from assets purchased after December 31, 2011. It applies only to Arizona state income tax returns, allowing taxpayers to subtract a portion of these specific gains from their taxable income.
Arizona Requirement: This is a deduction (subtraction) from Arizona gross income, usually up to 25% of the net long-term capital gain.
Asset Requirement: The asset (such as stocks, bonds, or real estate) must have been acquired after December 31, 2011.
Holding Period: The gain must be long-term (held for more than one year).
@user17723004348
@vikes01fan
3 hours ago
Topics:
3 hours ago
1 Cheer
Yes, this is correct. When the state garnished your funds in 2025, you effectively "paid" state income tax in 2025 (even though it was for a 2020 debt). Because you are itemizing, that payment is a d...
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Yes, this is correct. When the state garnished your funds in 2025, you effectively "paid" state income tax in 2025 (even though it was for a 2020 debt). Because you are itemizing, that payment is a deductible tax on your 2025 Schedule A.
3 hours ago
Tax year 2025 had 365 days----from 1-1-2025 to 12-31-2025. What dates are you entering?
3 hours ago
If you still own the land and still pay property taxes on the land, the general treatment is that the payment is not income but reduces the basis in the land that you own.
So, if you paid $50...
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If you still own the land and still pay property taxes on the land, the general treatment is that the payment is not income but reduces the basis in the land that you own.
So, if you paid $50,000 for the land and received an easement payment of $5,000, your new basis in the property is $45,000. See IRS Publication 530, page 17, here.
If an IRS form 1099-MISC had been received, you would have reported rental income.
In TurboTax Online, establish the rental activity by following these steps:
Down the left side of the screen, click on Federal.
Down the left side of the screen, click on Wages & income.
Scroll down to Rentals, Royalties, and Farm. Click down arrow to the right.
Select Start / Revisit to the right of Rental Properties and Royalties.
At the screen Here's rental property info, select Add income to report rental income.
You may have few expenses. You would not depreciate the land.
Retain copies of the transaction with your tax papers should a tax authority have a question at a later time.
3 hours ago
To find your missing 2023 tax refund, start by checking the IRS "Where’s My Refund?" You'll need
Social Security Number
Filing status, and
Exact amount of the refund.
If the status s...
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To find your missing 2023 tax refund, start by checking the IRS "Where’s My Refund?" You'll need
Social Security Number
Filing status, and
Exact amount of the refund.
If the status shows
Not received, or no information, you will have to re-file the return.
It was sent but not processed, you may need to file a Form 3911, Taxpayer Statement Regarding Refund to start a trace
3 hours ago
Thanks a lot for your help. As previously stated, I officially became a resident the day I entered the US with a GC visa on May 26, 2025 coming from Brazil (no tax agreement between US and Brazil). T...
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Thanks a lot for your help. As previously stated, I officially became a resident the day I entered the US with a GC visa on May 26, 2025 coming from Brazil (no tax agreement between US and Brazil). This was my first day in the US territory in 2025. However, I already have an American bank account and T Bills bought through an American brooker for years. As previously I'm supposing that during this 2025 non-resident period I'm exempt from US tax. Even so, I have to fill in both the 1040 and the 1040-NR?
3 hours ago
There is an extra amount added to your standard deduction if you are legally blind. Your federal return does not provide any other credits or deductions for saying you are disabled, with one po...
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There is an extra amount added to your standard deduction if you are legally blind. Your federal return does not provide any other credits or deductions for saying you are disabled, with one possible exception.
There is a credit for the Elderly and Disabled which is so small that very few people benefit from it—-it has not been updated/increased by Congress for decades.
ELDERLY OR DISABLED CREDIT https://www.irs.gov/help/ita/do-i-qualify-for-the-credit-for-the-elderly-or-disabled
There are some states that provide various credits to elderly/disabled folks, so watch for that when you prepare your state return. The states that I know of that have anything for elderly/disabled are AZ, CT, DE, IA, MO, ND, NJ, NY, VE. There may be others.
You do not mention why you are asking about Alzheimers. Do you have a spouse or dependent who is being entered on your tax return who has Alzheimer's?
An additional comment---if you are claiming someone as a dependent -- or filing a joint return with-- who has a disability that is such that you must pay someone to take care of them while you work, you may be able to enter the child and dependent care credit for them.
3 hours ago
Topics:
3 hours ago
Same here.
3 hours ago
If you can't itemize on the Federal return, enter all of the property tax information there anyway. The information will flow through to your California return. The California interview will ask que...
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If you can't itemize on the Federal return, enter all of the property tax information there anyway. The information will flow through to your California return. The California interview will ask questions about specific items that are treated differently on the California return.
See this Franchise Tax Board webpage for information on which deductions are treated differently for the State return.
3 hours ago
Yes, it is allowed for TurboTax Online accounts. As indicated by VolvoGirl, follow the instructions provided and placed here again for your convenience. By creating a new account you can prepare a se...
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Yes, it is allowed for TurboTax Online accounts. As indicated by VolvoGirl, follow the instructions provided and placed here again for your convenience. By creating a new account you can prepare a second return and you can use the same email address. You must use a different User ID for your second account.
Start another return in TurboTax Online by:
Logging out if you are in your account
Choose what TurboTax Online product you want to use for the second return
Create your account screen
Set up a new login for the second return
Start working on the new return
@user17746508051
@chinyoung
4 hours ago
To clarify, was the stock distributed or is it part of her retirement plan and still inside the plan?
4 hours ago
1 Cheer
Thank you for your response. After A LOT of digging, I came to the same conclusion that this was a result of the tax law changes. Many thanks!
4 hours ago
If you're an international student with a CPT internship, you must file your 1099-XXX on Form 1040-NR.
TurboTax doesn't support this type of filing.
We've partnered with Sprintax to handle 1...
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If you're an international student with a CPT internship, you must file your 1099-XXX on Form 1040-NR.
TurboTax doesn't support this type of filing.
We've partnered with Sprintax to handle 1040-NR preparation of tax returns.
Contact us again with any questions or additional details.
4 hours ago
While it is true that you should not need to amend your tax return just to be sure that box is checked, for future reference, the question comes up after you have finished the Other Tax Situations se...
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While it is true that you should not need to amend your tax return just to be sure that box is checked, for future reference, the question comes up after you have finished the Other Tax Situations section and before the Federal Review. There is a page that is titled, 'Let's take a second look at your info' and the checkbox is at the bottom of that page.
@gcc0711
4 hours ago
Double check to be sure you used the 'delete' key when you are in each (13-18) field. This should not prohibit you from moving forward.
@Stwage
4 hours ago
@edchanyee8 (If you are talking about the new Sr tax deduction) IF MFJ and both 65 or over in 2025....then the calculation is done separately for BOTH individuals...that can thus look like i...
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@edchanyee8 (If you are talking about the new Sr tax deduction) IF MFJ and both 65 or over in 2025....then the calculation is done separately for BOTH individuals...that can thus look like it's doubled...and is thus true in the warped way it actually works.