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Thursday
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Thursday
The estate pays the tax on income owned by the estate generated before the distribution of the estate assets.
Thursday
This calculator is for 2024 but will give you some indication of your tax liability. https://turbotax.intuit.com/tax-tools/calculators/taxcaster/
Thursday
Not sure what you meant by "can I take to the IRS".
If you need to make changes to a tax return that has been accepted by the IRS, then you have to amend the tax return using Form 1040-X.
S...
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Not sure what you meant by "can I take to the IRS".
If you need to make changes to a tax return that has been accepted by the IRS, then you have to amend the tax return using Form 1040-X.
See this TurboTax support FAQ for amending a current year tax return - https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-return/amend-federal-tax-return-current-year/L7eS6o1qh_US_en_US?uid=lfunevhk
See this TurboTax support FAQ for amending a prior year tax return - https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-return/amend-change-correct-return-already-filed/L4VjJ9BA2_US_en_US?uid=ld1n99kr
Thursday
It really is personal choice for the later years. If there were not many changes, it might be better to do the later years online. For the oldest years you are not able to e-file the amended return...
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It really is personal choice for the later years. If there were not many changes, it might be better to do the later years online. For the oldest years you are not able to e-file the amended return so the desktop version is best for those.
Thursday
You will have to contact TurboTax support for assistance with this problem.
See this TurboTax support FAQ for contacting support - https://ttlc.intuit.com/turbotax-support/en-us/help-article/acc...
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You will have to contact TurboTax support for assistance with this problem.
See this TurboTax support FAQ for contacting support - https://ttlc.intuit.com/turbotax-support/en-us/help-article/account-management/turbotax-phone-number/L0Od33nMQ_US_en_US?uid=lfgviwbm
Thursday
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Thursday
The Form 4868 will be included in the PDF download when you use Print Center and the option for all worksheets.
To access your current or prior year online tax returns sign onto the TurboTax we...
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The Form 4868 will be included in the PDF download when you use Print Center and the option for all worksheets.
To access your current or prior year online tax returns sign onto the TurboTax website with the User ID you used to create the account - https://myturbotax.intuit.com/
When you sign onto your online account and land on the Tax Home web page, scroll down and click on Add a state.
This will take you back to the 2024 online tax return.
Click on Tax Tools on the left side of the online program screen. Then click on Print Center. Then click on Print, save or preview this year's return. Choose the option Include government and TurboTax worksheets
If you used the desktop CD/Download editions installed on your computer, the only copy of your tax data file and any PDF's will be on the computer where the return was created. TurboTax does not store online any returns completed using the desktop editions.
Thursday
Thursday
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Thursday
Why do you blame TurboTax for your non-payment/underpayment of your local PA tax? A school district tax is a local tax. TurboTax does not prepare local tax returns for PA. This was your own respo...
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Why do you blame TurboTax for your non-payment/underpayment of your local PA tax? A school district tax is a local tax. TurboTax does not prepare local tax returns for PA. This was your own responsibility.
TurboTax only prepares a few city or local tax returns as an extra step in your state return. For most local tax returns you are on your own. You may have to ask around amongst your neighbors, etc. to find out if you have a local tax and how to pay it. “Google “ local tax for your area. Call your city government, etc. Your only record of paying your local tax will be your own bank/credit card records
https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-return/city-tax-returns-turbotax-state-program/L0fev7XS3_US_en_US?uid=m69jiu1e
Thursday
I received a "delinquent earned income tax notice" from the State of PA for underpayment of taxes as a result of using turbotax. I owe "1,098.80 that includes "Statutory Interest" of $84.46 and "Act...
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I received a "delinquent earned income tax notice" from the State of PA for underpayment of taxes as a result of using turbotax. I owe "1,098.80 that includes "Statutory Interest" of $84.46 and "Act 192 Costs" of $108.98. This is the first time I've experienced this since living in PA since 2019. Does turbotax pay for their mistakes like I'm having to? I used one of the more expensive "editions" of turbotax b/c i have my own business. Are others having this same problem resulting in higher, late payment charges?
Thursday
You could also contact the financial institution that has your retirement account and they can tell you your RMD amount if it is all in one account.
Thursday
Sorry---it is too late. The stimulus checks were issued for tax years 2020 and 2021. The deadline to file a 2020 return and get the recovery rebate credit for the 2020 amounts was in 2024; the de...
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Sorry---it is too late. The stimulus checks were issued for tax years 2020 and 2021. The deadline to file a 2020 return and get the recovery rebate credit for the 2020 amounts was in 2024; the deadline to file a 2021 return to get the 2021 recovery rebate credit was April 15, 2025.
Thursday
Q. Do I need to claim NC taxes on my wages?
A. Simple answer: Yes, you should have both SC and NC tax withheld from your wages, if your employer is willing to do that, for you.
This is the g...
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Q. Do I need to claim NC taxes on my wages?
A. Simple answer: Yes, you should have both SC and NC tax withheld from your wages, if your employer is willing to do that, for you.
This is the general rule: The income is work state (SC) source income since it was earned there. Resident States (NC) tax all their resident's income, regardless of where earned. You will file a non-resident tax return for SC and report the SC income. You will file a full year resident return for NC, reporting all your income. NC will give you a credit, or partial credit for any tax paid to SC.
Since, NC generally has a higher tax rate, you will probably owe NC (it depends on your income, there's a point where the SC rate exceeds NC), you should probably have some NC tax withheld.
But it can get complicated, you may just want to "wait and see" for the first year (there may be a small underpayment penalty to NC). Paying quarterly taxes to NC is another option.
Thursday
Good morning, My mother passed away in May 2024 and I am filing her estate 1041 due in August 2025. My question regards her investment accounts. She had listed myself and my siblings as benefic...
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Good morning, My mother passed away in May 2024 and I am filing her estate 1041 due in August 2025. My question regards her investment accounts. She had listed myself and my siblings as beneficiaries on the investment accounts. How do I treat capital gains and dividends earned after her death but before the funds were transferred to her named beneficiaries? I'd like to just include the amounts in income on the 1041 and let the estate be responsible for any taxes due. I'd like to do this to avoid issuing K1's and because my probate fees give me a NOL on my 1041. Thank you for your help!
Thursday
I work in SC but live in NC. Do I need to claim NC taxes on my wages? Or just claim SC tax?
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Thursday
Dear VolvoGirl (Level 15), I followed your instruction to download and install the 2024 Turbotax, but when I opend it, it has only Fed software and ask me to pay $45 to purchase State software. I a...
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Dear VolvoGirl (Level 15), I followed your instruction to download and install the 2024 Turbotax, but when I opend it, it has only Fed software and ask me to pay $45 to purchase State software. I already paid State software when I purchase 2024 Turbotax Premier in Costco. How can I get State (California) one without additional payment? Thanks so much! Best regards, Henry Liu
Thursday
Dear Turbotax Staff, I followed your instruction to download and install the 2024 TurboTax, but when I opend it, it has only Fed software and ask me to pay $45 to purchase State software. I already...
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Dear Turbotax Staff, I followed your instruction to download and install the 2024 TurboTax, but when I opend it, it has only Fed software and ask me to pay $45 to purchase State software. I already paid State software when I purchase 2024 Turbotax Premier in Costco. How can I get State (California) one without additional payment? Thanks so much!