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yesterday
Click on My Info on the left side of the online program screen. Edit your information and change the SS number
yesterday
Did you get a 1099 NEC or need to prepare them? How to prepare 1099 & W2 https://ttlc.intuit.com/community/forms/help/how-do-i-create-w-2-and-1099-forms-in-turbotax/00/25869 Quick Employer Fo...
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Did you get a 1099 NEC or need to prepare them? How to prepare 1099 & W2 https://ttlc.intuit.com/community/forms/help/how-do-i-create-w-2-and-1099-forms-in-turbotax/00/25869 Quick Employer Forms FAQ https://quickemployerforms.intuit.com/faq.htm You need to give a 1099NEC to anyone you paid $600 or more to for the year. But not to corporations or for merchandise. You send the IRS a copy of the 1099NEC with the transmittal summary form 1096. These are due to the person by Jan 31 and to the IRS by Jan 31 also.
yesterday
Distributions are not taxable (unless they are in excess of Basis). The program should already know how much it paid for the real estate and the amount of depreciation, then you'll enter how much...
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Distributions are not taxable (unless they are in excess of Basis). The program should already know how much it paid for the real estate and the amount of depreciation, then you'll enter how much it sold for. It will then calculate the taxable gain based on that information. The 1065 and its K-1s will then only reflect the gain.
yesterday
Thank You! I'll go over to the form and correct it. So frustrating . . .
yesterday
Good things to clarify, NONE of which matters if Turbotax is not saving my entries when I complete the screen: "Tell us about ________'s High Deductible Health Plan (HDHP) coverage for 2025. Then se...
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Good things to clarify, NONE of which matters if Turbotax is not saving my entries when I complete the screen: "Tell us about ________'s High Deductible Health Plan (HDHP) coverage for 2025. Then select Calculate Max Contribution Limit to see their contribution limit. If they were covered by a High Deductible Health Plan (HDHP) and Medicare or another non-HDHP plan during the same month, select None. The "Calculate Maximum Contribution" after completing the screen shows the maximum amount as expected. After saving and reopening, ALL entries are set back to "None."
yesterday
SSN that was auto filled on my return is incorrect. I have entered the correct number in my Turbo Tax profile. There is no way given to edit the SSN on the actual tax filing page.
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yesterday
I did call today TT customer service and they also confirmed tomorrow it should be updated. Thank you for your reply.
yesterday
Social Security is still being taxed as it was in the past; however, there's a new $6,000 deduction for individuals older than 65 years old. Also, a $12,000 deduction would apply to couples who qual...
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Social Security is still being taxed as it was in the past; however, there's a new $6,000 deduction for individuals older than 65 years old. Also, a $12,000 deduction would apply to couples who qualify.
The full taxable amount is included in your gross income on Form 1040; however, the Senior Deduction is reflected on line 13b.
This deduction is for qualified individuals.
Age: You must be 65 or older by the end of the tax year (e.g., born before Jan 2, 1961, for 2025 returns).
Income Limits: Your Modified Adjusted Gross Income (MAGI) must be below certain thresholds (e.g., $175k single, $250k joint for 2025), with Deductions phasing out above those levels.
Benefit: Up to $6,000 (single) or $12,000 (joint) Additional standard deduction to reduce taxable income.
Deduction phases out for taxpayers with modified adjusted gross income over $75,000 ($150,000 for joint filers).
It is reflected on Schedule 1A, Part V, Line 37
For more information, see Deductions for Seniors.
yesterday
There is currently a bug in the step-by-step entry of HDHP coverage. If you indicate in step-by-step mode that you had differing coverage throughout the year, TurboTax incorrectly marks a box that i...
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There is currently a bug in the step-by-step entry of HDHP coverage. If you indicate in step-by-step mode that you had differing coverage throughout the year, TurboTax incorrectly marks a box that is intended to indicate that you had no coverage at any time during the year rather than leaving that box blank. At present, a proper entry can only be made using forms mode of the desktop version of TurboTax so as to avoid the inappropriate marking of the box that indicates no coverage at any time during the year.
yesterday
Maybe you are waiting for some forms. Click Review to see if you are missing some forms needed in order to e-file.
Many federal and state forms are not yet available. Check here for form avai...
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Maybe you are waiting for some forms. Click Review to see if you are missing some forms needed in order to e-file.
Many federal and state forms are not yet available. Check here for form availability. The dates are subject to change.
Tax form availability tool
Be patient.
IF you e-file now, your return will go into “pending” until the IRS starts to accept/reject returns in late January. You cannot make any changes while the return is on the server. The IRS will start to accept/reject 2025 e-files on January 26. And….a state return cannot be accepted until after the IRS accepts your federal return.
https://www.irs.gov/newsroom/irs-announces-first-day-of-2026-filing-season-online-tools-and
yesterday
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yesterday
FreeTaxUSA allows for 1099-R entry. Why cannot a company like Intuit not have it ready? The new laws have been known a good while.
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yesterday
Maybe you are waiting for some forms. Click Review to see if you are missing some forms needed in order to e-file.
Many federal and state forms are not yet available. Check here for form avai...
See more...
Maybe you are waiting for some forms. Click Review to see if you are missing some forms needed in order to e-file.
Many federal and state forms are not yet available. Check here for form availability. The dates are subject to change.
Tax form availability tool
Be patient.
IF you e-file now, your return will go into “pending” until the IRS starts to accept/reject returns in late January. You cannot make any changes while the return is on the server. The IRS will start to accept/reject 2025 e-files on January 26. And….a state return cannot be accepted until after the IRS accepts your federal return.
https://www.irs.gov/newsroom/irs-announces-first-day-of-2026-filing-season-online-tools-and
yesterday
2025 STANDARD DEDUCTION AMOUNTS
SINGLE $15,750 (65 or older/legally blind + $2000)
MARRIED FILING SEPARATELY $15,750 (65 or older/legally blind +1600)
MARRIED FILING JOINTLY $31,500 (65 or o...
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2025 STANDARD DEDUCTION AMOUNTS
SINGLE $15,750 (65 or older/legally blind + $2000)
MARRIED FILING SEPARATELY $15,750 (65 or older/legally blind +1600)
MARRIED FILING JOINTLY $31,500 (65 or older/legally blind + $1600)
HEAD OF HOUSEHOLD $23,625 (65 or older/legally blind + $2000)
For 2025 through 2028 there is an extra deduction amount of up to $6000 per individual 65 or older filing Single, MFJ, or HOH which is phased out for taxpayers with modified adjusted gross income over $75,000 for single filers and $150,000 for joint filers.
The $6,000 senior deduction will be calculated on 1040 Schedule 1-A page 2 Part V Enhanced Deduction for Seniors which goes to 1040 line 13b. It is separate and in addition to the Standard Deduction or your Itemized Deductions on 1040 line 12e. Turbo Tax automatically includes it.
IRS Schedule 1-A https://www.irs.gov/pub/irs-dft/f1040s1a--dft.pdf
yesterday
That's too general. Can you narrow the issue down? Do you get an error message? Most commonly this time of year is that some of your forms may not be ready. Do you have a state return? If so, ...
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That's too general. Can you narrow the issue down? Do you get an error message? Most commonly this time of year is that some of your forms may not be ready. Do you have a state return? If so, what state. Also go through the REVIEW tab. Any message there?