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yesterday
To file IRS forms 2555 and 1116, you will have to upgrade to another version of TurboTax Online. You will be prompted to upgrade as you work in the software.
In the search microscope in the up...
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To file IRS forms 2555 and 1116, you will have to upgrade to another version of TurboTax Online. You will be prompted to upgrade as you work in the software.
In the search microscope in the upper right hand corner of the screen, enter 'foreign income'. Then select 'Jump to foreign income'.
Or follow these steps to enter foreign earned income.
Down the left side of the screen, click on Federal.
Down the left side of the screen, click on Wages & Income.
Scroll down to Less Common Income. Click on the down arrow to the right.
Select Start/Revisit to the right of Foreign earned income and exclusion.
Answer the interview questions.
@eminecgr
yesterday
Divorced final need to file separate
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yesterday
You can completely clear the W-2 by returning to the W-2 summary page, and deleting the record.
Log into TurboTax
Click on Tax Home on the left sidebar.
Select Wages & Income from the cente...
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You can completely clear the W-2 by returning to the W-2 summary page, and deleting the record.
Log into TurboTax
Click on Tax Home on the left sidebar.
Select Wages & Income from the center menu.
Select Pick up where you left off.
Click [Add/Edit] on the right side of the Wages and Salaries (W-2) description.
Select the W-2 you want to delete
Click the trash can on the right side.
It will ask [Are you sure you want to delete this W-2?]
Choose Yes
yesterday
How do you enter in your 2024CRP if you forgot to entered in last year and would like to entered it in this year with your 2025 ?
yesterday
MEDICAL EXPENSES
The medical expense deduction has to meet a rather large threshold before it can affect your return. The amount of medical (including dental, vision, etc.) expenses that will coun...
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MEDICAL EXPENSES
The medical expense deduction has to meet a rather large threshold before it can affect your return. The amount of medical (including dental, vision, etc.) expenses that will count toward itemization is the amount that is OVER 7.5% of your adjusted gross income. You should only enter the amount that you paid in 2025—do not include any amounts that were covered by insurance or that are still outstanding. Of course, your medical expenses plus your other itemized deductions still have to exceed your standard deduction before you will see a difference in your tax due or refund.
To enter your medical expenses go to Federal>Deductions and Credits>Medical>Medical Expenses
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)
yesterday
@Payton94LaFont We are not sure what your question is about. There has been no activity on this thread for four years--not since 2022.
yesterday
As DoninGA states above, you will only be able to add your Form(s) W-2 if your return is rejected by the IRS. If your return is accepted by the IRS, you will have to amend it.
In general, yo...
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As DoninGA states above, you will only be able to add your Form(s) W-2 if your return is rejected by the IRS. If your return is accepted by the IRS, you will have to amend it.
In general, you can e-file your amended 2025, 2024, or 2023 federal return via TurboTax if your original return was also e-filed in TurboTax. So you will be able to e-file your amended return only if you e-filed your original tax return.
To amend your return using TurboTax Online you will:
Log in to your TurboTax account.
At your homepage, look for "Your tax returns & documents" and select the correct tax year.
The you will select the "Amend (change) return" dropdown and in the dropdown choose "Amend using TurboTax Online".
Follow your prompts, and select your reason for amending. Make your corrections, and make your corrections (add your W-2(s).
To amend your return in TurboTax Desktop (CD/Download):
Open your TurboTax program for the year you are amending.
Look for "Need to Amend a Filed Return?" and select "Amend a Filed Return".
Choose "Amend" for the correct return (or find your file if it's not listed).
Select "Update" next to the information you need to change (i.e. your income) and continue through the interview.
Make sure to review your return before filing and then follow the prompts to e-file or print and mail Form 1040-X to the IRS.
You will be able to track your amended return using this link Where's My Amended Return? on IRS.gov.
Click here for additional information regarding filing an amended return.
Click here for additional information about e-filing your Form 1040-X.
If you have additional information or questions regarding this, please return to Community and we would be glad to help.
yesterday
I'd call that a "bug", and I just wanted to mention it so it would be more widely known.
yesterday
Yes---you can prepare a RITA return as an extras step after you prepare your state return for Ohio. However, you might find that it is easier (I do) to just use the RITA site itself.
RITA Web...
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Yes---you can prepare a RITA return as an extras step after you prepare your state return for Ohio. However, you might find that it is easier (I do) to just use the RITA site itself.
RITA Web site: http://www.ritaohio.com/
http://www.tax.ohio.gov/Individual/LocalTaxInformation.aspx
yesterday
LIVE ASSISTED
https://turbotax.intuit.com/personal-taxes/online/live/how-it-works.htm
FULL SERVICE
https://turbotax.intuit.com/personal-taxes/online/live/full-service/
Ver...
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LIVE ASSISTED
https://turbotax.intuit.com/personal-taxes/online/live/how-it-works.htm
FULL SERVICE
https://turbotax.intuit.com/personal-taxes/online/live/full-service/
Very sorry for your loss. For the year that your spouse died, you can still file a joint return. That way, you will get the married filing jointly standard deduction of $31,500 (+ $1600 for each spouse 65 or older) which will lower the amount of income you are taxed on.
In My Info, you will need to indicate that your spouse died. When his name is in My Info, there is a screen early in the interview that asks "Do any of these apply to [name] ?’” where you will do that, and then a drop down will appear where you can enter the date he passed.
If you have qualifying dependent children you will be able to file as a qualifying surviving spouse (QSS) for the next two years after this tax return. Post back if you need further help.
https://accountants.intuit.com/support/en-us/help-article/tax-filing-status/claiming-qualified-surviving-spouse-filing-status/L7al83jU1_US_en_US
yesterday
January 21
yesterday
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yesterday
@Hal_Al , I’m still not clear on whether taxable scholarships our student reports as income increase the qualified portion of our 529 distribution or reduce it – depending on whether we took a 529...
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@Hal_Al , I’m still not clear on whether taxable scholarships our student reports as income increase the qualified portion of our 529 distribution or reduce it – depending on whether we took a 529 reimbursement for some of the taxable scholarship total, or didn’t take a 529 refund. Tuition is 100% paid with a restricted scholarship (no impact). $766 in fees go to AOTC (< $4K fees & supplies), the rest aren’t required for attendance and count as 529 NQEE together with living expenses: $1,578 in 529 non-qualified expenses. R&B = $12,056 One $2K unrestricted scholarship we reclaimed from the 529 – after it was applied to R&B on direct bill. Can we still count this (if paying taxes on it) toward allowed 529 expenses (R&B)? So does that increase 529 QEE out of $14,693 total distribution? (Or reduce it?) Another ~ $2K unrestricted scholarship we took as a refund direct from the college and applied to living expenses. If taxed on it, does this increase or reduce our 529 QEE out of total distribution? I assume both scholarships are fully taxable. Right now I have $11,946 as 529 QEE, and $2,747 as 529 NQEE, but I haven’t factored in the second scholarship. Also, since our kid has tax-free scholarship more than triple the amount of 529 NQEE, I assume there's no 10% tax penalty on 529 NQEE? Thanks for your help!!
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yesterday
Yes, you can enter your Self-Employed Health Insurance premiums for Schedule C in TurboTax Online following these steps:
Navigate to the Schedule C section:
TurboTax Online/Mobile: Go to t...
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Yes, you can enter your Self-Employed Health Insurance premiums for Schedule C in TurboTax Online following these steps:
Navigate to the Schedule C section:
TurboTax Online/Mobile: Go to the Schedule C screen under Wages & Income.
If this is your first time entering info about your self-employment work, you’ll be asked some initial questions.
If you previously entered info on your self-employment work, select Edit next to the type of work you entered previously.
On the Select the expense categories you have screen, select Less common to show all expense categories. Browse the options and select Health insurance premiums, then select Continue.
On the Expenses section, find the Health insurance premiums section and select Start.
On the Tell us about health insurance premiums for your [business] work screen, enter the total amount of health insurance premiums you paid.
If you received Form 1095A, see Where do I enter my 1095-A?
For more information, see Where do I enter my health insurance premiums if I'm self-employed?
yesterday
Did she itemize deductions last year? If she took the Standard Deduction the refund is not taxable so you can ignore it. Not sure what to do if she itemized. Probably enter the refund and answer ...
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Did she itemize deductions last year? If she took the Standard Deduction the refund is not taxable so you can ignore it. Not sure what to do if she itemized. Probably enter the refund and answer the questions just for her 2024 return. Did you start 2-025 by transferring one of the separate returns? Then for your tax paid enter it under Federal Taxes (or Personal for H&B) Deductions and Credits Then scroll way down to Estimates and Other Taxes Paid Other Income Taxes - Click the Start or Update button Next page scroll down to Other Income Taxes Paid in 2024 Balance due on your 2023 State taxes paid in 2024
yesterday
Interesting, I am wondering if that might have been the initial cause? I already did and activated twice already. I don't think I will need the full 5, but I will be cautious on next time I open it...
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Interesting, I am wondering if that might have been the initial cause? I already did and activated twice already. I don't think I will need the full 5, but I will be cautious on next time I open it. I tired calling TT support, but as I start talking to a rep, the call drops. I tried it twice, but the call just dropped during the conversation and they never called back. I assume they are having phone problems. Anyway, thanks for your note!
yesterday
The self-employment area of TurboTax Online 2025 has been recently updated and is now available. It can be found in the Wages & Income section under Self Employment on the left side of the screen.
...
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The self-employment area of TurboTax Online 2025 has been recently updated and is now available. It can be found in the Wages & Income section under Self Employment on the left side of the screen.
For steps on how to enter self employment income, see this TurboTax article. You may need to upgrade your version of TurboTax in order to file self employment income and expenses and related forms.
If you have additional questions feel free to reach out to the TurboTax Community.
yesterday
Perhaps. The TurboTax Cryptocurrency Guide states:
The disposal of the cryptocurrency as a purchase may generate a taxable event in the following situations:
Depending on the situation, ...
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Perhaps. The TurboTax Cryptocurrency Guide states:
The disposal of the cryptocurrency as a purchase may generate a taxable event in the following situations:
Depending on the situation, cryptocurrency is taxed as:
Ordinary income, if for example, it earns a return for the holder from an income stream (similar to interest) or
A capital gain or loss from a sale of property after its value has increased or decreased
If merely bought and held, it’s not taxed until something is done with it, such as disposal.
See The TurboTax Cryptocurrency Guide here.
yesterday
How do I fill out this years taxes in this scenario: 2024 Both filed Married Filing Separately 2024 State Tax refund for wife was $1782, but 2024 the husband paid $8637 in State taxes at filing. I...
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How do I fill out this years taxes in this scenario: 2024 Both filed Married Filing Separately 2024 State Tax refund for wife was $1782, but 2024 the husband paid $8637 in State taxes at filing. If I would have had to add two refunds together when reporting state tax refunds, do I consider this as zero refund, and net paid to state of $6855? How do I fill out the fields in turbo tax pertaining to last years tax refunds?