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11 hours ago
@ iamworthy365 wrote: "Can someone help me understand why my return is $544, minus $200 for service fee, but my return is $144. There is $100 missing." If you wrote that correctly, it sounds li...
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@ iamworthy365 wrote: "Can someone help me understand why my return is $544, minus $200 for service fee, but my return is $144. There is $100 missing." If you wrote that correctly, it sounds like $200 would be missing. 544-200-144=200 Is $544 the amount shown on your Federal Form 1040, Line 35a? What amount does the IRS say they sent when you look at "Where's My Refund?" Is it the same figure? https://www.irs.gov/refunds Can the difference be explained by a state refund? If you have a state refund, it comes separately. Check your fees at the Tax Home by scrolling down to "Your Tax Returns & Documents" area and choosing "Order Details." If you paid fees out of your refund, what bank was your direct deposit from, such as SBTPG Tax Products Group, Cross River Bank, etc.? If the IRS lowered your refund amount, you should get a letter in approximately 3 weeks explaining why. Also see if any info in this FAQ is helpful: FAQ: Why's my refund lower than the amount shown in TurboTax? https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-refund/refund-direct-deposit-check-lower-amount-turbotax/L4D3L1d96_US_en_US
11 hours ago
Not ruling out a Turbotax issue but it calculates penalty based on the data you provide, IRS checks your return and recalculates it independently with data it has (e.g. the timing and amount of estim...
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Not ruling out a Turbotax issue but it calculates penalty based on the data you provide, IRS checks your return and recalculates it independently with data it has (e.g. the timing and amount of estimated taxes come from IRS payment history not your return). If there was any adjustment to your 2024 or 2025 taxes not reflected in Turbotax or a difference in estimated taxes input vs. what IRS knows they will get a different result. You can check your transcript and payment history at IRS. Other Tax Situations / Underpayment Penalties is where you can confirm 2024 tax information which affects the safe harbor calculation on Form 2210. If you are on desktop you can see Form 2210 in Forms mode but it's not part of your filing unless you select an exception method.
11 hours ago
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11 hours ago
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11 hours ago
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11 hours ago
Can you clarify your situation?
Have you started your tax return?
Are you having a specific problem?
Do you need your return prepared for you?
There would be additional charges.
...
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Can you clarify your situation?
Have you started your tax return?
Are you having a specific problem?
Do you need your return prepared for you?
There would be additional charges.
11 hours ago
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12 hours ago
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12 hours ago
Can you clarify your situation?
Are you asking how the expenses can be deducted?
Are you looking to get the home energy credit?
Can you define the question?
12 hours ago
We can't make phone calls or set appointments from this forum.
However, you can establish a video conference with a representative.
There is an additional charge.
You can establish a video cal...
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We can't make phone calls or set appointments from this forum.
However, you can establish a video conference with a representative.
There is an additional charge.
You can establish a video call by subscribing to TurboTax Live or Full Service.
In these sessions, you can see the TurboTax representative, but they cannot see you.
In addition, the representative can see your tax return.
You will do the navigation, and
You will make any changes to the return.
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12 hours ago
Can you clarify your situation?
Are you in the Online Software?
What area or form are you trying to post?
Is there a message associated with the "Snag"?
12 hours ago
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12 hours ago
The default for form 1041 is to attribute capital gains to the trust, but I can save quite a bit of money for the family by distributing them this year to the two 20-something beneficiaries who are i...
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The default for form 1041 is to attribute capital gains to the trust, but I can save quite a bit of money for the family by distributing them this year to the two 20-something beneficiaries who are in low tax brackets. How do I do that when working with Forms? (I'm willing to use Step by Step, but I'm much more comfortable with the actual forms, since I started doing this long before TurboTax or computers existed.) Thanks, much appreciated!
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12 hours ago
Once your tax return is released to the IRS, TurboTax has no control over it.
However, the IRS has published an article because delays happen so frequently.
Why it may take longer than 21...
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Once your tax return is released to the IRS, TurboTax has no control over it.
However, the IRS has published an article because delays happen so frequently.
Why it may take longer than 21 days for some taxpayers to receive their federal refund
The IRS states, "To check the status of a refund, taxpayers should use the Where's My Refund? tool on IRS.gov."
12 hours ago
12 hours ago
Hi Mike, Thank you again for your guidance and for sharing the link. I want to share what I will do and check with you in case I’m still misunderstanding anything. After typing “enterable 4797” ...
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Hi Mike, Thank you again for your guidance and for sharing the link. I want to share what I will do and check with you in case I’m still misunderstanding anything. After typing “enterable 4797” in Forms Mode (as you suggested), I saw that TurboTax had already created the Form 4797 pages for the properties I sold in 2025. That helped me see how TurboTax was calculating the gain. The part that confused me at first was the amount on Form 4797 Line 21, because I originally thought I needed to manually adjust the sales price or sales expenses to include vacancy‑period costs and remodeling. When I traced the Line 21 (“Cost or other basis plus expense of sale”) amount in Forms Mode, TurboTax showed that it is pulling from two places: 1. The building’s cost basis (from the Asset Entry Worksheet) The Asset Entry Worksheet contains the building’s total original cost and land allocation. In earlier years, TurboTax included a Cost Itemization Statement listing my original acquisition costs (travel to inspect the property, appraisal, inspection, underwriting fees, etc.), but in the current year’s file I only see the total cost, not the detailed itemization. I assume this is normal since TurboTax carries forward the total cost rather than the individual line items. 2. The selling expenses (from the Sales Information screen) TurboTax then adds the selling expenses I entered on the Sales Information screen, such as commission, title fees, transfer taxes, and HOA estoppel fees that occurred when the house was sold in 2025. Based on this, it seems that post‑rental, pre‑sale costs (utilities during vacancy, HOA dues during vacancy, insurance during vacancy, repairs after the tenant moved out, cleaning after vacancy, and any remodeling or improvements) should be entered in the Asset Entry Worksheet as additions to basis — not in the sales price or sales‑expense fields. The Sales Information screen appears to be only for actual selling expenses. Is it correct for me to create a new “improvement/remodeling” asset for these items, since each improvement has its own depreciation and recapture? TurboTax will then automatically update Form 4797 with the correct sales price, selling expenses, basis, depreciation, and gain, since the form itself is not directly editable. Two more questions: 1.for this property, I currently reported the land value as zero and entered the entire sales price as the building value. From what I can tell, TurboTax is still calculating Line 21 and the overall gain correctly because land isn’t included in that line. Please let me know if you recommend adjusting the land value before I finalize the return. 2. How to enter vacancy‑period carrying costs (utilities, HOA dues, insurance, property taxes, cleaning, and minor repairs after the tenant moved out). My understanding is that these are not depreciable improvements, so they should not be entered as a new asset. Where should I enter them? If I’m misunderstanding any part of this workflow, or if there’s a better way to enter vacancy‑period costs and improvements, I would really appreciate your correction. Your earlier explanation helped me get much closer to the right understanding, and I want to make sure I finish this accurately. Thank you again for your patience and guidance.
12 hours ago
I filed on Feb 9 2026 and didn’t know it was rejected till after chatting with representatives. I’ve since; snapshotted document and want to know if the document was received & approved?
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