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yesterday
Thank you. I'll check with the company that prepared the return. If I can't find the information, would the conservative approach be to asssume that none of the $710 is exempt? In that case I'd be ov...
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Thank you. I'll check with the company that prepared the return. If I can't find the information, would the conservative approach be to asssume that none of the $710 is exempt? In that case I'd be overpaying Ohio by likely less than $25.
yesterday
And how do you figure out what part was paid for by the employer? The W2 does not provide that information and there is no 1099-G issued by the state.
yesterday
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yesterday
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yesterday
TurboTax Business supports California state returns for corporations (100), S-corps (100S), partnerships (565), and LLCs (568), allowing e-file for most, though some forms may require mailing. See t...
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TurboTax Business supports California state returns for corporations (100), S-corps (100S), partnerships (565), and LLCs (568), allowing e-file for most, though some forms may require mailing. See this TurboTax webpage for access to purchase a download of TurboTax Business. Once you have the Federal return, to purchase a state download for TurboTax Business (Windows), open your federal return, navigate to the State Taxes tab, and select Download State from the top Online menu.
California requires electronic filing if you use software. Ensure that you download state forms when prompted, as they may be released later than federal forms.
yesterday
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yesterday
You itemized so you do have an OBBB adjustment. The federal itemizes State and Local Taxes up to $40k while SC limits the amount to $10k. The program is correcting it for you. You should have a warni...
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You itemized so you do have an OBBB adjustment. The federal itemizes State and Local Taxes up to $40k while SC limits the amount to $10k. The program is correcting it for you. You should have a warning that OBBB adjusted your return and you are good to go. Verify your SC return is limiting the state and local taxes to $10,000. SC has extended the filing deadline to October 15. They could make retroactive changes.
You can e-file if your return is correct or you can wait and see if SC changes anything.
yesterday
This behavior suggests that you somehow marked the box on the Do any of these situations apply page that indicates that you inherited this retirement account. I suggest deleting and reentering the F...
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This behavior suggests that you somehow marked the box on the Do any of these situations apply page that indicates that you inherited this retirement account. I suggest deleting and reentering the Form 1099-R, making sure to not mark the box that indicates that the account is not inherited.
yesterday
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yesterday
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yesterday
Providing an ID is not required to file a federal return. As both DoninGA and xmasbaby0 mentioned, you can just skip the screen that asks for drivers license information. You could just mark that ...
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Providing an ID is not required to file a federal return. As both DoninGA and xmasbaby0 mentioned, you can just skip the screen that asks for drivers license information. You could just mark that you do not have an ID and skip that section.
Why are you asking for my driver's license or state ID?
@user17752432175
yesterday
I added $12 in interest income from a savings account and it added $7 to my federal tax. Tried deleting and adding it back in and got the same result. Our income, married/joint return, is just over $...
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I added $12 in interest income from a savings account and it added $7 to my federal tax. Tried deleting and adding it back in and got the same result. Our income, married/joint return, is just over $150,000 due to cap gains and we're both over 65, so I think that additional income should get taxed at my marginal rate of about 22% and another 12% due to the reduction in the additional senior deduction, but not 62%. Tried modifying my other interest income and get the same 62% jump in taxes. Is this a flaw in the software or am I missing something big?
yesterday
They said they were unable to access that information and that I should paper file which I did. I requested a refund of the $25 e-filing fee but am not optimistic that I will get it back and might di...
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They said they were unable to access that information and that I should paper file which I did. I requested a refund of the $25 e-filing fee but am not optimistic that I will get it back and might dispute the charge with my credit card issuer. What a mess!
yesterday
Enter a SSA-1099, SSA-1099-SM or RRB-1099 under Federal Taxes Wages and Income Then scroll down to Retirement Plans and Social Security Then the second line - Social Security (SSA-1099. RRB-10...
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Enter a SSA-1099, SSA-1099-SM or RRB-1099 under Federal Taxes Wages and Income Then scroll down to Retirement Plans and Social Security Then the second line - Social Security (SSA-1099. RRB-1099) - click the Start or Revisit button After you enter it keep going. There are follow up questions you need to answer. Especially look for if you lived in a Foreign country. Should be No.
yesterday
How do i input my Social Security income? I have a SSA-1099 and i don’t know which turbo tax form do i use?
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yesterday
Yes. Medcare C is Medicare Advantage, a private, all-in-one alternative to Original Medicare (Parts A and B) offered by approved private companies. These plans combine hospital, medical, and usually ...
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Yes. Medcare C is Medicare Advantage, a private, all-in-one alternative to Original Medicare (Parts A and B) offered by approved private companies. These plans combine hospital, medical, and usually prescription drug coverage (Part D) into a single plan, often including extra benefits like dental, vision, and hearing.
If you can itemize deductions and your medical expenses are greater than 7.5% of your adjusted gross income (AGI), then you should include these payments as part of your health care premiums.
yesterday
I suspect that you mistakenly answered Yes when asked if this distribution was from a Roth IRA. A designated Roth account in a 401(k), indicated by the code B, is not a Roth IRA, so you must answer ...
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I suspect that you mistakenly answered Yes when asked if this distribution was from a Roth IRA. A designated Roth account in a 401(k), indicated by the code B, is not a Roth IRA, so you must answer No to this unnecessary question asked by TurboTax.
yesterday
there are generally 4 estimated tax payments 4/15, 6/15,9/15 ans 1/15 of the next year. So it would seem you for some reason 2 were not made
yesterday
@DaveF1006 wrote: If you change the software to "Single Family Residence," it will simply put a "1" on that line instead of a "3." Problem is that's all it does
yesterday
whew, THANK YOU again 🙂