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4 hours ago
What is the error on Schedule C? Is it line 32 the At Risk box? Online version or Desktop program? Ok here are the steps from prior year online returns. Don't know if they still work. 2 wa...
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What is the error on Schedule C? Is it line 32 the At Risk box? Online version or Desktop program? Ok here are the steps from prior year online returns. Don't know if they still work. 2 ways to get there Go to the Search box in the upper right and type in Schedule C Then click on Jump to Schedule C Click on Edit or Review by your Business name Go to Uncommon Situations - click Edit or Start Make sure the 5th box is NOT checked for "I have money invested in the Business that I'm not at risk of losing" and probably check the None of Above Box. then Continue OR Click on Federal on the Left side Income & Expenses at the top Self Employment (2nd item in listing) click on Start or Show More/Start or Review Click Review by your Business name Scroll down to Uncommon Situations - Click Start or Edit Make sure the 5th box is NOT checked for "I have money invested in the Business that I'm not at risk of losing" and probably check the None of Above Box. then Continue
4 hours ago
I gave up on importing the 1099 from Fidelity in my case, though some google searches said using Firefox as a browser can work. I suspect this has to do with the migration to Windows 11 and the Turbo...
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I gave up on importing the 1099 from Fidelity in my case, though some google searches said using Firefox as a browser can work. I suspect this has to do with the migration to Windows 11 and the TurboTax software just doesn’t work. So I entered it manually and filed the return. Very disappointing software this tax year from what has been the market leader for this.
4 hours ago
Based on your description of the situation, I recommend that you answer these questions as follows:
Since you have a 1098 that applies only to your portion of the loan, and includes your inf...
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Based on your description of the situation, I recommend that you answer these questions as follows:
Since you have a 1098 that applies only to your portion of the loan, and includes your information as the borrower, you can answer "None of these apply".
If this co-op property is your primary home, then select that option.
Since you were not the borrower who took out the loan, presumably you didn't pay any points so answer No.
If you only received one 1098 for tax year 2025, select Yes.
Since this loan is just for your home, and you are not the originating borrower, select "This loan is neither of these".
@Happyduck25
4 hours ago
If you are using TurboTax Online follow the next steps:
Sign in to your TurboTax account.
Go to Tax Home.
Scroll down to Your tax returns & documents and select the year you need.
Selec...
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If you are using TurboTax Online follow the next steps:
Sign in to your TurboTax account.
Go to Tax Home.
Scroll down to Your tax returns & documents and select the year you need.
Select Download/print return (PDF).
If you are working in the return, click Tax Tools, then click Print Center.
If you are using TurboTax Desktop:
Open your tax return file within the software.
Select File in the top menu, then choose Print.
Choose either to save as a PDF or send directly to your printer.
For more further information, see the link below:
Can I print a copy of my return in TurboTax Online before I file it?
4 hours ago
This forum can't make phone calls. We can provide advice if you have a specific question.
However, you can establish a video conference with a representative.
There is an additional charge.
...
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This forum can't make phone calls. We can provide advice if you have a specific question.
However, you can establish a video conference with a representative.
There is an additional charge.
You can establish a video call by subscribing to TurboTax Live or Full Service.
In these sessions, you can see the TurboTax representative, but they can't see you.
In addition, the representative can see your tax return.
You will do the navigation, and
You will make any changes to the return.
How to Connect
Sign in to TurboTax
Select
Live Help or
Help
Choose
Contact Us or
Connect with live help.
Follow the prompts to select your preferred method, which may include
One-way video,
Phone call
Or live chat.
4 hours ago
perhaps provide more info like ate nd the issue you're having without revealing personal info on this public forum
4 hours ago
For what past due $79 in assistance n my account bank
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4 hours ago
Update. Spoke with customer support rep. Was told that the 1040x should be there (duh!). When opening the .pdf form, two pages where the 1040x are supposed to be are blank. She had me just contin...
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Update. Spoke with customer support rep. Was told that the 1040x should be there (duh!). When opening the .pdf form, two pages where the 1040x are supposed to be are blank. She had me just continue and efile not attempting to resolve why it didn't generate the form as it is supposed to. I submitted both the fed and state which she said I can do, although the instructions say I must print and send. Upon final e-file, I saved a copy of the amended return, and the 1040x pages are blank. So much for customer support. Problem is not resolved, but I'm hoping my amended return was sent properly. Who knows.
4 hours ago
If you know that you have passive losses carried over from 2024, I would advise you to file your 2024 tax return before filing for 2025.
On your 2025 tax return, if you have passive losses carr...
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If you know that you have passive losses carried over from 2024, I would advise you to file your 2024 tax return before filing for 2025.
On your 2025 tax return, if you have passive losses carried over, TurboTax will carry them over, or you can type it in.
4 hours ago
Got a letter but cannot connect with the provided number
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4 hours ago
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4 hours ago
How to calculate an inherited IRA RDM
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4 hours ago
If you didn't receive a 1099-S you can delete the sale (keep all of your records though).
4 hours ago
When you enter or edit your Form 1099-R information, you will see a screen that says Review your Form 1099-R Summary. On that screen you will see the 1099-R forms you have entered and underneath that...
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When you enter or edit your Form 1099-R information, you will see a screen that says Review your Form 1099-R Summary. On that screen you will see the 1099-R forms you have entered and underneath that a blue box that says Add another 1099-R. You can choose that option to add another form or click on the pencil icon next to the ones you entered to review or edit them.
You enter Form 1099-R's in the Wages and Income section, then Retirement Plans and Social Security, then IRA, 401(K), Pension plan withdrawals (1099-R.)
4 hours ago
I can't even import my 1099's. Every time I try I get a message that there are no 1099's and they will be imported when they exist. I've confirmed with my broker (an Intuit partner for years) that th...
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I can't even import my 1099's. Every time I try I get a message that there are no 1099's and they will be imported when they exist. I've confirmed with my broker (an Intuit partner for years) that the 1099's exist (I can see them on the broker's website and download them), that they SHOULD be importable. I've tried every fix suggested online. Nothing helps. My main broker 1099 tends to run about 40 pages and in the old days before importing it used to take me about a week to import all the data. That just isn't feasible for me. Help!!!
4 hours ago
Look on Form 6251, although TurboTax should provide the information from the prior year (if you used TurboTax).
4 hours ago
The notice says this: "Capital Asset Sales Worksheet -- Capital Asset Sales Wksht (1): Transaction Number 1 is marked as an ordinary gain/loss transaction. Generally this is because the transaction oc...
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The notice says this: "Capital Asset Sales Worksheet -- Capital Asset Sales Wksht (1): Transaction Number 1 is marked as an ordinary gain/loss transaction. Generally this is because the transaction occurred in a foreign currency or involves certain debt instruments. Any portion of the proceeds of this transaction that are indeed ordinary gain/loss must be reported in the appropriate part of your return. (e.g. ordinary income from interest should be reported as interest; ordinary income from currency gains/losses should be reported as other income). Enter an "other" adjustment to the gain/loss from this transaction to account for the gain/loss reported as ordinary income. The "Ordinary" checkbox should be removed." I do not have any way to edit the included worksheet - None of the fields are editable when clicked.
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4 hours ago
@KR202526 wrote: I started using my only auto in 2023 for a side hustle business. The short answer is that TurboTax does not handle your situation and you should go to a good tax professi...
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@KR202526 wrote: I started using my only auto in 2023 for a side hustle business. The short answer is that TurboTax does not handle your situation and you should go to a good tax professional that knows how to handle it. Even if you report the correct amounts under the "Sale of Business Property" section, it still often has wrong results. Even though it may report the correct gain/loss (if you do it correctly, see my comment later), but it may wrongly be NOT affecting the QBI deduction when it should, and could wrongly not affect other items as well (for example, the Home Office limit). If you owned your vehicle for personal use before you started using it for business, the prior comment about using the Fair Market Value and the average business percentage since it was converted to partial business use is mostly wrong. You start off the calculation with the COST Basis (purchase price) and the average business percentage over the LIFTEIME you owned the vehicle. If the results in a gain, then that calculation I just mentioned is what you need to use (if that calculation results in a LOSS, then there are more calculations before the final result).
4 hours ago
Can you clarify your situation.
What year is being audited?
Do you have TurboTax audit defense?
Do you want to have representation?
TaxAudit, lets you to purchase representation ev...
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Can you clarify your situation.
What year is being audited?
Do you have TurboTax audit defense?
Do you want to have representation?
TaxAudit, lets you to purchase representation even if an audit has already begun