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yesterday
As noted above by VolvoGirl, there are many factors involved to determine what you owe for federal taxes, or if you owe more federal taxes than you expected.
These include the following:
Addi...
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As noted above by VolvoGirl, there are many factors involved to determine what you owe for federal taxes, or if you owe more federal taxes than you expected.
These include the following:
Additional Income:
Did you have any new sources of income?
You made more money at your job, such as overtime.
If you work multiple jobs, you may have to change your withholding.
Did someone in your household start working or change jobs?
The TurboTax W-4 Withholding Calculator is a free tool to help you find the right withholding.
Less Deductions:
Did you donate less to charity?
Did you not make an IRA contribution?
Did you move to another state?
Did you have less medical expense deductions or less mortgage interest?
Fewer Credits:
If your income has increased, your Earned Income Credit may have gone down.
Did you have education credits that have gone down or ended?
Did your Child and Dependent Care credit change? You had more income or your children are older.
Was your Child Tax Credit affected by your income or the age of your children?
Filing Status:
Changing your filing status has a big impact on your taxes.
If you have changed your filing status from married filing jointly to married filing separately it will have a big impact on what you owe.
If you experienced any of these changes during the tax year it would have impacted what you owe.
Click here for additional information on why you may owe more taxes.
Click here for more detailed information on why you owe federal tax.
yesterday
@Jules49 wrote:
I have unistalled and reinstalled the 2025 Turbo Tax for desktop and done all the updates. Still tells me 1099-R section and charitable contributions sections are unavailable.
...
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@Jules49 wrote:
I have unistalled and reinstalled the 2025 Turbo Tax for desktop and done all the updates. Still tells me 1099-R section and charitable contributions sections are unavailable.
As previously stated on this thread - the estimated date when the Form 1099-R section will be available in TurboTax is 01/21/2026.
yesterday
Please clarify your question by providing some additional details regarding your question so we may better help you. Such as: What does not agree with your overtime?, What you are trying to do in the...
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Please clarify your question by providing some additional details regarding your question so we may better help you. Such as: What does not agree with your overtime?, What you are trying to do in the TurboTax program?, What screen are you on and what is it saying?, What version of TurboTax are you using?
Please return to Community with additional information and we would be glad to help.
yesterday
Very poor showing of Intuit this year. Should have made it clear "in advance" that TurboTax was not fully functional. I needed to resort to doing my taxes manually because of a timing issue. Intui...
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Very poor showing of Intuit this year. Should have made it clear "in advance" that TurboTax was not fully functional. I needed to resort to doing my taxes manually because of a timing issue. Intuit should provide some credit for this situation. I will no longer be a loyal customer after having used TurboTax for years.
yesterday
Thanks, can I report my mom's 1095-A on my return while I have one for myself as well? She has no income. I think dependent's 1095-A should goes her return.
yesterday
After you have entered the W-2, check the Overtime box on the following screen.
yesterday
If you consider your activity a hobby you must report the entire income and are not allowed any expenses. If you are a business with a profit motive you can deduct all business expenses including cos...
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If you consider your activity a hobby you must report the entire income and are not allowed any expenses. If you are a business with a profit motive you can deduct all business expenses including cost of the items. You will pay self employment tax on your profit of about 15.3 percent as well as income tax.
yesterday
We cannot see your screen, your return or your account. Have you entered ALL of your 2025 information? All your income, etc.? Many tax documents that you need do not arrive until late January or e...
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We cannot see your screen, your return or your account. Have you entered ALL of your 2025 information? All your income, etc.? Many tax documents that you need do not arrive until late January or even February, so maybe you do not have it all there yet.
There are a lot of variables that affect your refund or tax due including how much you earned, how much tax you had withheld, your filing status, the number of dependents you claim, your deductions and credits, etc. You may have lost Earned Income Credit or the Child Tax Credit— did a child turn 17? If you received the EIC last year, remember that changes in the amount you earn have a big effect on the amount of EIC you can get. (Sometimes earning more money means less EIC) Are you 65 or older ? If so, your standard deduction is higher. Everyone has a higher standard deduction now so it is harder to use itemized deductions.
And of course, always check your own data entries, looking for errors such as misplaced decimals or extra zeros.
https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-refund/refund-go-compared-last-year/L97JmhUbi_US_en_US?uid=ld9ijm41
Print out 2024 and 2025 and compare them side by side to see what is different.
https://turbotax.intuit.com/tax-tips/tax-payments/video-why-would-i-owe-federal-taxes/L3VXudPiN
yesterday
And what transfers in from the initial 2024 tax file, does come in with a bunch of empty forms. Certain $$ details are retained in the Carryover worksheet, but things like W-2, of 1099-INT, -DIV ...
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And what transfers in from the initial 2024 tax file, does come in with a bunch of empty forms. Certain $$ details are retained in the Carryover worksheet, but things like W-2, of 1099-INT, -DIV forms only have the issuer, recipient and the blank $$ fields for you to fill in with the 2025 values.
yesterday
Hello All This issue is all over the place in reditt and still no explanation on this issue from the company. I have been using TT for many years but this is a lemon this year. Calling Costco for th...
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Hello All This issue is all over the place in reditt and still no explanation on this issue from the company. I have been using TT for many years but this is a lemon this year. Calling Costco for the return. BTW even if I use the form mode to enter, when everything is done, when the analysis is complete there is no way to proceed further as the software crashes on that stage as well and no "forms mode" trick at that time. What a nightmare and waste of time.
yesterday
If the tax return was accepted by the IRS use the federal tax refund website to check the refund status - https://www.irs.gov/refunds
yesterday
software update expected for this on January 21
yesterday
Xmasbaby0 says an update will be out 1/21 that includes retirement income. I’m guessing charitable contributions are linked to that as well. I am just guessing. I wish TurboTax had notified users pro...
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Xmasbaby0 says an update will be out 1/21 that includes retirement income. I’m guessing charitable contributions are linked to that as well. I am just guessing. I wish TurboTax had notified users proactively exactly why the delay has occurred and what they’re doing about it. Silence created uncertainty and doubt.
yesterday
The Form 1099-R section is estimated to be finalized and available in TurboTax on 01/21/2026
yesterday
I need to locate 2024 tax return where do i find ir
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yesterday
@rick466 and @user17685164325 In order to escalate I would need you to provide me with a token number to try and recreate the issue.
Below are steps to provide that:
Open your return. ...
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@rick466 and @user17685164325 In order to escalate I would need you to provide me with a token number to try and recreate the issue.
Below are steps to provide that:
Open your return.
Click “Online” and select "Send Tax File to Agent".
This will generate a message that a diagnostic copy will be created. Click “OK”. The tax file will then be sanitized and sent to us. This action will generate a Token Number
Please respond directly to this message and provide the Token Number that was generated. Thanks!
yesterday
We can’t see your return.
yesterday
@krishmunn , Namaste ji
Assuming that you are US person ( citizen/GreenCard/Resident for Tax Purposes ) and with US Tax-Home, my suggestion would be to:
(a) Finalize your Indian ITR for the tax...
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@krishmunn , Namaste ji
Assuming that you are US person ( citizen/GreenCard/Resident for Tax Purposes ) and with US Tax-Home, my suggestion would be to:
(a) Finalize your Indian ITR for the tax year 2025/2026 --- May/June or as soon as possible.
(b) Ask for an extension to file US taxes OR file US taxes including recognition of sale of property in India. Note that your sale recognition is based on US tax laws i.e. there is no indexation mechanism ( I do know that in the current transition period India allows both capital gains tax rate of 20% with indexation or 12.5% with nil indexation).
(c) If you choose to file a US return prior to Indian ITR finalization, then your claim for FTC ( Foreign Tax Credit ) should be reduced based actual expectation and not TDS. You may still have to file an amended return after the Indian ITR is settled ( under perjury jurat you are required to amend return to match actual taxes paid to India on the doubly taxed income.
(d) Since your tax-home is US it is far easier to get FTC in US than in India. Note that while US will recognize the full amount paid to India ( on the ITR ), the allowable amount of credit for the tax year is the lesser of actual paid and that imposed by the USA.
Does this make sense ? Is there more I can do for you ?
Namaste ji
pk
yesterday
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