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yesterday
I am going through the same issue. First turbo tax said they didn’t have it. Then after multiple calls they claim it was sent back to the irs. Most of the agents are not saying the same thing at turb...
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I am going through the same issue. First turbo tax said they didn’t have it. Then after multiple calls they claim it was sent back to the irs. Most of the agents are not saying the same thing at turbo tax or irs. And 1 out of 2 of the managers I spoke with at turbo tax was rude. It makes no sense that they don’t know where my money is or what bank was it sent back to
yesterday
Did you enter transactions as a summary, with adjustments? The IRS needs to see the specific details of those sales and if they were not entered individually, you have to mail them a paper copy. P...
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Did you enter transactions as a summary, with adjustments? The IRS needs to see the specific details of those sales and if they were not entered individually, you have to mail them a paper copy. Please see the help article below for more information. Do I need to fill out or mail investment sale detail? The article references Form 8949 which is the detail of your 1099-B brokerage statement.
yesterday
I can't find how to get ahold of a person.
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yesterday
I have had a self only HDHP at all relevant times. For tax year 2024: Employer contributed 500 in calendar year 2024. W-2 shows 500 in box 12 code W. I contributed 3650 in calendar year 2025 b...
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I have had a self only HDHP at all relevant times. For tax year 2024: Employer contributed 500 in calendar year 2024. W-2 shows 500 in box 12 code W. I contributed 3650 in calendar year 2025 before April 15 retroactively to 2024. 2024 tax return form 8889 shows 3650 in box 2, 500 in box 9, and 4150 in box 3. This is all as expected IMO. For tax year 2025: Employer contributed 500 in calendar year 2025. I contributed 3800 in via payroll in calendar year 2025. W-2 shows 4300 in box 12 code W. In TurboTax, I entered 4300 on the W-2 page. I had small distributions in 2025, so I filled out the 1099-SA stuff. Was I covered by an HDHP all of 2025? Yes. Checked box for "had other company contributions that weren't reported to their W-2 or apply to a previous year" because I had contributions in 2025 that apply to 2024, as stated. "Contributions made in 2025 for tax year 2024": 3650. Covered by self only plan every month of 2025 and 2024. TurboTax insists that I have an excess contribution of $150. I cannot make this go away. I do not have an excess contribution. On the breakdown page, it's showing my "deduction" as 3650 and my "tax-free company contributions" as $650. I never put in the number 650 anywhere, so I assume what TurboTax is doing is substracting 4300 (W-2 amount) - 3650 (2025 retroactive contribution to 2024) = 650. My deduction should be 3800, and tax-free company contributions should be 500. But I can't put 3800 in the box for "contributions made in 2025 for tax year 2024"--that's not accurate, even though it does result in accurate numbers on the breakdown page and gets rid of the excess. What the heck is going on? Also, what number should be used for HSA account balance if most of HSA is invested--total amount including invested amount, or just amount held in cash for medical expenses?
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yesterday
Once a tax return has been Accepted by the IRS or a State, TurboTax receives no further information concerning the tax return or the status of any tax refund. Only the taxpayer listed on the tax ret...
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Once a tax return has been Accepted by the IRS or a State, TurboTax receives no further information concerning the tax return or the status of any tax refund. Only the taxpayer listed on the tax return can obtain the status of a tax refund or a tax return.
New Mexico Department of Revenue contact - https://www.tax.newmexico.gov/contact-us/
yesterday
No I am taking the standard deduction as it is higher than my itemized expenses.
yesterday
Once your return is filed, TurboTax has no control over the processing or the timing when the IRS/State releases your refund.
The IRS states that most federal tax refunds are issued within 21 ...
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Once your return is filed, TurboTax has no control over the processing or the timing when the IRS/State releases your refund.
The IRS states that most federal tax refunds are issued within 21 days of acceptance, however, some may take longer if they require additional review. Also, by law, the IRS cannot issue EITC or ACTC refunds before mid-February. This applies to your entire refund, not just the portion related to those specific credits.
Here are a few FAQs to help you track your refund: When will I get my federal tax refund? How do I track my state refund? Why does Where's My Refund say "approved" but TurboTax still says "accepted"?
Why do some refunds take longer than others?
What if my IRS refund is taking longer than 21 days?
yesterday
You might want to make your own post since this thread from last year. Here are some ideas: From interview screen when entering the 1099R, you get to a screen asking :Where is your distribution fr...
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You might want to make your own post since this thread from last year. Here are some ideas: From interview screen when entering the 1099R, you get to a screen asking :Where is your distribution from?", Check your answer to make sure you picked the one that is right for you, compare against Michigan Instructions if needed to make sure you qualify. From forms view, you can scroll down to see your pension worksheet and at bottom there is a quickzoom to 4884. General tip that has worked for other things is to delete the 1099Rs and then reenter and see if the form generates, check that you have latest TT updates. PS I'm just a fellow TT user trying to help:)!
yesterday
I respectfully disagree with your answer. Mostly because TurboTax did NOT calculate the LTC Premium available as a Virginia deduction, I had to do that manually. I also suspect if I had selecte...
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I respectfully disagree with your answer. Mostly because TurboTax did NOT calculate the LTC Premium available as a Virginia deduction, I had to do that manually. I also suspect if I had selected the Standard Deduction that TurboTax would not have offered a choice of deduction on the Virginia return at all. And partly because you did not really answer the question I asked when you began, "if you did not enter..." My question implies that I've already entered the information in the Federal section (and wondering why the State section didn't do the math for what is deductible in Virginia). The better answer would be, "No, TurboTax does not automatically calculate the amount of LTC premium you can deduct on a Virginia return, it only offers you the space to input the amount yourself. The amount should be the difference between the LTC premium paid and the federal maximum LTC premium allowed." Because the help function didn't really answer this question I needed to verify the answer with the Virginia Dept. of Taxation customer help line and manually verify the entry amount was correctly reflected on my return. Two extra steps that TurboTax can eliminate by updating the software, please.
yesterday
If you had options like calls and puts, those are typically reported on a 1099-B and not a 1099-MISC - there wouldn't be any correct way to report those on a 1099-MISC.
If you did have a 1099-B...
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If you had options like calls and puts, those are typically reported on a 1099-B and not a 1099-MISC - there wouldn't be any correct way to report those on a 1099-MISC.
If you did have a 1099-B with over a 1000 transactions on it, it would be best to report those using the sales summary from each section rather than importing all the transactions - this might give you more assurance in the numbers that are being reported to the Federal and state authorities.
yesterday
New Bonus Standard Deduction (OBBB): An additional $6,000 deduction for taxpayers 65 and older. This is per eligible individual, meaning a married couple both over 65 could get $12,000. Important:...
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New Bonus Standard Deduction (OBBB): An additional $6,000 deduction for taxpayers 65 and older. This is per eligible individual, meaning a married couple both over 65 could get $12,000. Important: This bonus deduction is temporary, lasting from 2025 through 2028. Income limitations: It phases out for taxpayers with modified adjusted gross income over $75,000 for single filers and $150,000 for joint filers.
yesterday
Do I need to call new mexico and find out i really can use the money right now
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yesterday
token #
112068991-58818608 [restored]
yesterday
How do I report Nonpassive Rental Income (from form 1041) using Turbo Tax Deluxe. I have verified that the designation of nonpassive rental income is correct and not in error. However, I cannot seem ...
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How do I report Nonpassive Rental Income (from form 1041) using Turbo Tax Deluxe. I have verified that the designation of nonpassive rental income is correct and not in error. However, I cannot seem to get TurboTax 2025 Deluxe to populate that field on the form. Any tips would be appreciated.
yesterday
Go to the link Cindyedgerton put in the previous post.
yesterday
Sorry, I understand now. it's 31,500 not 33,500... detail dyslexia
yesterday
Once your return is filed, TurboTax has no control over the processing or the timing when the IRS releases your refund.
Your refund could be offset. The IRS and State Governments have the abil...
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Once your return is filed, TurboTax has no control over the processing or the timing when the IRS releases your refund.
Your refund could be offset. The IRS and State Governments have the ability to offset a refund to pay for certain past due debts. You generally will receive a letter stating what the offset was for. The IRS provides a toll-free number, (800) 304-3107, to call for information about tax offsets.
Here are a few FAQs to help you track your refund: When will I get my federal tax refund? How do I track my state refund? Why does Where's My Refund say "approved" but TurboTax still says "accepted"?
Why do some refunds take longer than others?
What if my IRS refund is taking longer than 21 days?
yesterday
I was wondering where it was
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