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5 hours ago
The IRS don't give me a id pin for my taxes
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5 hours ago
You can tell the software that you do not have a W-2. If an "old" employer transferred over from 2024, you can delete the employer.
Enter your retirement income:
Go to Federal> Wages...
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You can tell the software that you do not have a W-2. If an "old" employer transferred over from 2024, you can delete the employer.
Enter your retirement income:
Go to Federal> Wages & Income>>Retirement Plans and Social Security (SSA1099 and 1099RRB) to enter your SSA1099.
To enter your retirement income, Go to Federal> Wages and Income>Retirement Plans and Social Security>IRA 401 k) Pension Plan Withdrawals to enter your 1099R.
5 hours ago
our crystal ball is permanently broken so if you would provide the description. amount not needed.
5 hours ago
2 Cheers
I copied this from a another thread where I asked a similar but totally related questions and got my Fed. accepted today in just a few minutes. Still waiting for the State but i am sure I am in the r...
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I copied this from a another thread where I asked a similar but totally related questions and got my Fed. accepted today in just a few minutes. Still waiting for the State but i am sure I am in the right process now: (Again, the following worked perfectly for me) Here is what I did (which is what you suggested): 1. Went to TT and in the upper right selected "Forms" 2. Found form 8889-T in the list and deleted it (it now has a red ! point next to it) 3. In the upper right selected "Step by Step" 4. Selected "PERSONAL" 5. Selected "Deductions & Credits" 6. Scrolled down and selected "Medical" 7. To the right selected "Visit All" 8. Select YES for Did you have any medical expenses in 2025 9. Check Box Health Savings Account (HSA) - then at the bottom "Continue" 10. The next few questions you have to navigate yourself with your situation 11. When you get to "What type of HDHP coverage did you have during 2025? - select "had different plan types at different times of the year (MY OPINION IS THIS IS WHERE THE TT BUG IS - I had been selecting the first option covered by family plan every month) 12. Select continue and the next page in a list of months 13. From the Health plans drop down select your plan for each (all 12 months) month 14. Select continue and get through the next few questions specific to your situation until your get back to the category header "Your 2025 Deductions & Credits" 15. Once you are there go directly to "FILE" and finish filing Again, thank you to the TT Community!
5 hours ago
1. When I open TurboTax for 2025 I was informed there was no record of a TurboTax return for 2024. Actually, I did file a TurboTax return for 2024, but evidently under a different ID. Is it desirable...
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1. When I open TurboTax for 2025 I was informed there was no record of a TurboTax return for 2024. Actually, I did file a TurboTax return for 2024, but evidently under a different ID. Is it desirable to upload my TurboTax return from 2024 and if so, how and where do I do it?
5 hours ago
I am retired, unemployed.
Topics:
5 hours ago
MY SPOUSE LIVES ABROAD AND/OR DOES NOT HAVE A SSN
https://ttlc.intuit.com/turbotax-support/en-us/help-article/taxation/married-person-claim-head-household-filing-status/L078u1RSW_US_en_US?uid=lmtc1...
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MY SPOUSE LIVES ABROAD AND/OR DOES NOT HAVE A SSN
https://ttlc.intuit.com/turbotax-support/en-us/help-article/taxation/married-person-claim-head-household-filing-status/L078u1RSW_US_en_US?uid=lmtc1ov4
https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-credits-deductions/file-taxes-spouse-nonresident-alien/L4AuRKrMd_US_en_US?uid=m5r1a77j
https://www.irs.gov/individuals/international-taxpayers/nonresident-spouse
https://turbotax.intuit.com/tax-tips/family/claiming-a-non-citizen-spouse-and-children-on-your-taxes-/L6VM4IzTQ
How to obtain an ITIN
5 hours ago
Thank you very much for that. I followed these exact steps and hallelujah: "Your federal tax return was accepted by the IRS." Your a genius!! Unbelievable that such a simple logic can't be program...
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Thank you very much for that. I followed these exact steps and hallelujah: "Your federal tax return was accepted by the IRS." Your a genius!! Unbelievable that such a simple logic can't be programmed into the app!! Sigh!!
5 hours ago
I already submitted my tax return. The steps above are not available when I log into turbo tax online. Below is a snippet from my Schedule H that was generated through turbo tax online. You can ...
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I already submitted my tax return. The steps above are not available when I log into turbo tax online. Below is a snippet from my Schedule H that was generated through turbo tax online. You can see the amount 1,698 in field 8 was misprinted outside of the form resulting in field 8 picking up zero amount and wrong subsequent calculations on form 1040.
5 hours ago
Here is how to report your Qualified Charitable Contribution QCD within TurboTax using your Form 1099-R:
Go to Wages & Income on the left panel within your TurboTax account
Click on the +...
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Here is how to report your Qualified Charitable Contribution QCD within TurboTax using your Form 1099-R:
Go to Wages & Income on the left panel within your TurboTax account
Click on the +Add more income box
Scroll down to Retirement Plans and Social Security and click the down arrow to expand
Click Start to the right of IRA, 401(k), Pension Plan Withdrawals (1099-R)
Click on +Add a 1099-R (Here, you may import or type in by selecting the Change how I enter my form box
On the next screen, you can select Type it in myself, or other options, then Continue
Select the box on the top left for Financial institution or other provider (1099-R), then Continue
Enter the provider's information, then Continue
Enter the details from your Form 1099-R, checking for which Distribution Code was used in Box 7 (or review if imported)
Next, check the, I have more than one value in Box 7 box and select Y from the drop down menu (to trigger the QCD questions)
Ensure the IRA/SIMPLE/SEP box is checked, then Continue
Continue answering the questions, pressing Continue to advance
When you reach, Do any of these situations apply to you?, check the box that reads, I transferred all or part of this money directly to charity, Continue
5 hours ago
We are filing seperatly
Topics:
5 hours ago
I spent more than 6000$ on childcare with FSA contribution 600$ (W2 box 10). TurboTax calculated childcare tax credit as (6000-600)*.2= 1080 $. If I put my FSA contribution to 0, my child tax credit b...
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I spent more than 6000$ on childcare with FSA contribution 600$ (W2 box 10). TurboTax calculated childcare tax credit as (6000-600)*.2= 1080 $. If I put my FSA contribution to 0, my child tax credit becomes 6000*.2= 1200$ and my total taxes drop by 120$ (600*.2). How come there is no any tax benefit from my FSA contribution?
Topics:
5 hours ago
Because of IRS regulations, you cannot deduct the sales tax paid on your purchase because it was calculated using a rate that does not match the general rate for your location. However, it is the exac...
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Because of IRS regulations, you cannot deduct the sales tax paid on your purchase because it was calculated using a rate that does not match the general rate for your location. However, it is the exact same rate.
Topics:
5 hours ago
If the "Sign into bank" button is missing, it's usually due to a lack of partnership with that specific institution or browser connection issues.
If your bank or financial institution isn't on t...
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If the "Sign into bank" button is missing, it's usually due to a lack of partnership with that specific institution or browser connection issues.
If your bank or financial institution isn't on the TurboTax Partner list, you might select “I’ll type it in myself” option and enter your information by hand.
Check out this Partner List to see if your financial institution in on here.
Another option to fix this is by clearing your Browser Data cache and cookies in your browser settings.
To do this, follow the instruction in the links below:
How do I delete cookies
How to clear your cache
5 hours ago
Right and it really depends on how the state handles LLC taxation in terms of tax forms to be filed.
5 hours ago
No, you generally cannot use the standard TurboTax Free Edition for foreign bond returns. While your income is low (less than $1,200 annually), TurboTax considers any income earned outside the U.S. t...
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No, you generally cannot use the standard TurboTax Free Edition for foreign bond returns. While your income is low (less than $1,200 annually), TurboTax considers any income earned outside the U.S. to be a "complex" tax situation that requires an upgrade to a paid version.
5 hours ago
can i talk to someone
Topics:
5 hours ago
1 Cheer
@bhmaroon , Namaste ji
(a) ref --- > Comparison of Form 8938 and FBAR requirements | Internal Revenue Service
(b) as I understand the situation for 2025 ---
1. you own/operat...
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@bhmaroon , Namaste ji
(a) ref --- > Comparison of Form 8938 and FBAR requirements | Internal Revenue Service
(b) as I understand the situation for 2025 ---
1. you own/operate an NRE bank account ( at xxxxx bank/institution) with a max value in the account of >> US$10,000. Highest value during 2025 was US$72,000.
2. during year 2025 you also transferred amounts to a builder ( payments towards acquisition of real-estate totaling US$160,000 ( including amounts directly transferred and those from the NRE account in #1 above ).
3. The excess i.e. the direct transfer amounts were to building/promoter direct ban account or what ?
4. What was the residual amount in your NRFE account as of 12/31/2025 ?
(b) I am assuming that you are a US person ( citizen/GreenCard/Resident for Tax Purposes )
(c) Assuming the above to be substantially correct:
1. FBAR reporting is definitely required --- this is done at BRA-efiling under www.FinCen.gov , ONLY on-line filing is allowed, form 114 and file as individual. Assuming that the NRE bank account is only in your name or is jointly owned by you and your spouse ( you have to file under the correct category). This is not a tax event.
2. FATC A filing form 8938 is for specified financial asset. The threshold for filing are as delineated in the ref. above --- generally US$150,000 ( liquid, semiliquid, trust etc.) , excluding real-estate. Because ( and correct my assumptions please) your actual cash/semiliquid holdings may not have crossed the threshold, you may not have to file the form 8938. My question here would be how the builder/developer/promoter held the "payments made" -- is it in a pool or was it held segregated i.e. in an "credit" account that belonged to you till the delivery of the property. If it is this latter ( an account with your name as beneficiary ) then you would need to file a form 8938 -- because it is like trust account that will be closed when delivery is complete.
Does this make sense ?
Is there more I can do for you ?
Namaste ji
5 hours ago
If the subsidy paid the entire bill, then you would answer No, since you can't deduct a cost you didn't actually incur.
However, to ensure you did in fact pay zero, review your Form 1095-A and...
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If the subsidy paid the entire bill, then you would answer No, since you can't deduct a cost you didn't actually incur.
However, to ensure you did in fact pay zero, review your Form 1095-A and look at Column A (Monthly Premium) and Column C (Monthly Subsidy).
If Column A is exactly the same as Column C for every month, your cost was truly zero, so answer No.
However, if Column A is more than Column C, you technically did pay a premium, in which case, you can answer Yes and TurboTax will help you calculate the deduction for that portion.
Note: Even if you paid zero, the IRS still requires that you enter your Form 1095-A in your tax return.