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yesterday
Are you trying to Efile an Amended 2025 Return? If so, it's possible you may not be able to do so if your original return has not yet been fully processed. If not, try disabling your anti-virus sof...
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Are you trying to Efile an Amended 2025 Return? If so, it's possible you may not be able to do so if your original return has not yet been fully processed. If not, try disabling your anti-virus software.
@piercepdp
yesterday
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yesterday
Today I tried to enter a QTP to roth transfer and got the message from TurboTax that this has not been updated in their system yet. So, yes it is a flaw especially since it's been two years that we c...
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Today I tried to enter a QTP to roth transfer and got the message from TurboTax that this has not been updated in their system yet. So, yes it is a flaw especially since it's been two years that we can do this tax free.
yesterday
After you finish entering income and tax for one country, you will come to a screen that says Country Summary. At the bottom of that screen there will be an option to Add a Country. Choose that optio...
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After you finish entering income and tax for one country, you will come to a screen that says Country Summary. At the bottom of that screen there will be an option to Add a Country. Choose that option and you can add additional countries.
yesterday
Enter as interest on a Form 1099-INT. Enter the name of who paid you and the amount of interest in box 1.
To report interest income received -
Click on Federal Taxes (Personal using Home & B...
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Enter as interest on a Form 1099-INT. Enter the name of who paid you and the amount of interest in box 1.
To report interest income received -
Click on Federal Taxes (Personal using Home & Business) Click on Wages and Income (Personal Income using Home & Business) Click on I'll choose what I work on Under Investments and Savings On Interest on 1099-INT, click on the start or update button
Online returns -
On the screen Did you have investment income in 2025? Click on Yes
On the screen Let's import your tax info, click on Enter a different way
On the screen OK, let's start with one investment type, click on Interest and Continue
On the screen How would you like to upload your 1099-INT? Click on Type it in myself
yesterday
Thanks very much, Dave! Your explanation was very clear, and I appreciate your time to educate me. I see that this my initial confusion from the TT question was regarding the limit for the AMT qu...
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Thanks very much, Dave! Your explanation was very clear, and I appreciate your time to educate me. I see that this my initial confusion from the TT question was regarding the limit for the AMT question. After I submitted this question, I found some other TT information about the carry back as well. But your explanation is far clearer regardless. I find it odd that last year I received the full amount of my foreign taxes paid as a credit (I squeaked in at $599) when 1116 was not required, but this year, with essentially the same 1099DIV dividends, I get less of a credit. I will have to investigate that tax code some more with the 1116 instructions. Ah, the logic of the tax code!😂 Thank you again for your reply! Ed
yesterday
The first step to getting a situation in TurboTax to be reviewed and investigated by the development team is to provide them with a diagnostic tax data file demonstrating the circumstance. If you wo...
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The first step to getting a situation in TurboTax to be reviewed and investigated by the development team is to provide them with a diagnostic tax data file demonstrating the circumstance. If you would be willing to provide a diagnostic copy of your return, that would be helpful. The diagnostic file will not contain personally identifiable information, only numbers related to your tax forms.
To provide us with the diagnostic file, follow the instructions below and post the token number along with which version of TurboTax you are using in a follow-up thread.
Use these steps if you are using TurboTax Online:
Sign in to your account and be sure you are in your tax return.
Select Tax Tools in the menu to the left.
Select Tools.
Select Share my file with agent.
A pop-up message will appear, select OK to send the sanitized diagnostic copy to us.
Post the token number here.
Note: Since you stated you already filed your return, you may need to get back into the file by using the 'Add a State' option. This does not actually add a state, but allows the file to reopen.
If you are using a CD/downloaded version of TurboTax, use these steps:
Select Online at the top of the screen.
Select Send Tax File to Agent.
Click OK.
Post the token number here.
If you are using a Mac version of TurboTax, use these steps:
Go to the Menu at the top of the screen and select Help.
Then, Send Tax File to Agent.
Post the token number here.
@rsf08
yesterday
The standard deduction has nothing to do with your sole-proprietorship. You need to file a schedule C. In TurboTax that is in the 'Business Items' section of the wages and income section on your fe...
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The standard deduction has nothing to do with your sole-proprietorship. You need to file a schedule C. In TurboTax that is in the 'Business Items' section of the wages and income section on your federal return. When you click start next to the schedule C there the system will walk you through entering your 1099-K and then will take you to an area where you can enter all of your business expenses - all of the expenses that you had in order to earn the money on the 1099-K. Once you have done that you will only be taxed on the money that you got to keep.
yesterday
Is there a way to work around a negative cost basis on form 8949 preventing e-filing?
yesterday
Hi - Can you please provide an update? Has the system been fixed?
yesterday
yesterday
If you not receive a call back from your tax representative, you can reach out again at:
TurboTax Customer Service
yesterday
No. Since you are being claimed as a dependent you do not enter the form1098-T on your tax return.
yesterday
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yesterday
IT SHOULD BE ON THE SCHEDULE B WITH A INTEREST MORTGAGE STATEMENT?
Topics:
yesterday
After completing the File section and e-filing your tax return you will receive two emails from TurboTax. The first email when your tax return was transmitted and the second email when the tax return...
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After completing the File section and e-filing your tax return you will receive two emails from TurboTax. The first email when your tax return was transmitted and the second email when the tax return has either been accepted or rejected.
What do the emails indicate?
yesterday
TT is asking multiple questions regarding foreign tax credit, none seems to apply to my situation (unless i don't understand what TT is asking). I have 1500$ left from a foreign tax credit entered in...
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TT is asking multiple questions regarding foreign tax credit, none seems to apply to my situation (unless i don't understand what TT is asking). I have 1500$ left from a foreign tax credit entered in my 2024 tax report (3380$ were used in 2024). I want to enter that 1500$ carryover tax credit into my 2025 tax report ... can an expert tell me exactly where to go, how to answer the series of questions to ensure I can add that carryover credit to my 2025 report? Thanks in advance. Steve
yesterday
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yesterday
Why did you not calculate my Social Security taxable amount. I was due $4400 refund and now being told by the IRS I owe over $2800. Why did I pay for your defective product? You have to know about th...
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Why did you not calculate my Social Security taxable amount. I was due $4400 refund and now being told by the IRS I owe over $2800. Why did I pay for your defective product? You have to know about this problem and you did not reach out and tell me anything. I am very very upset. Who is paying for my time to refile and address any state filing issues? Michael Humphrey