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Saturday
Form 982
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Saturday
I had the same problem, so I just closed Turbo Tax, then reopened it and now the tax return I wanted to transfer showed up in the box to select it. It worked!!!
Saturday
3 Cheers
Well, I'm getting older and may not want to deal with it myself, I've used TT for over 20 years and have always done my own taxes. I do have a brother-in-law who is an Enrolled Agent and he did my 1...
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Well, I'm getting older and may not want to deal with it myself, I've used TT for over 20 years and have always done my own taxes. I do have a brother-in-law who is an Enrolled Agent and he did my 1026 and K1 for a partnership I and my partner sold in 2022. My return isn't as complicated as it once was so I figure I'll keep doing it as long as my mind allows it!
Saturday
Ok, so this is going to be a little long to explain.. When COVID hit, I had applied for unemployment on my business that I had literally just started. Well, time went by, and I sold my condo, separa...
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Ok, so this is going to be a little long to explain.. When COVID hit, I had applied for unemployment on my business that I had literally just started. Well, time went by, and I sold my condo, separated from my husband, and was going from hotel to hotel, so I had no permanent address, until I did. Moved into my house in November of 2020, and in April the following year, I received a letter from unemployment asking if i was going to continue my benefits and if i was to ... so I called them, by the end of the phone call with them I had $22,000 and some change in my account and then from April to September I received a payment every week. Now, when all was said and done i filed taxes with my husband and the tax girl told me I did not have to file taxes on the unemployment. Ok, she would know right..? Some time late,r I received a letter from IRS and Unemployment saying that we owe them $4,000 and some change in taxes for the unemployment, and Unemployment sent me a letter saying I was not supposed to receive benefits and that i owe them that money back. No theyre saying I owe them $16,700 in overpayments, and the IRS wants the $4000 in taxes from the unemployment that was not filed. How is it that they can do that ? If there were no unemployment, there'd be no taxes. If I have to pay unemployment back, I am not paying the IRS or vice versa. I am not paying both of them back. Am I right? And how is it that they can pull this bcuz they have already started garnishing my tax refund !! Please give me some advice or information, or even let me if I am wrong
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Saturday
@Marvinjack wrote:
How tto
amazono down load I already paid for
Go to this TurboTax website to download the 2025 TurboTax software you purchased - https://turbotax.intuit.com/persona...
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@Marvinjack wrote:
How tto
amazono down load I already paid for
Go to this TurboTax website to download the 2025 TurboTax software you purchased - https://turbotax.intuit.com/personal-taxes/cd-download/install-turbotax/
Saturday
Q. Can I put that at room and board on the question in her tax return, as a deduction or a qualifying expense for an education credit?
A. No. Room and board (R&B) are not qualifying expenses for a...
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Q. Can I put that at room and board on the question in her tax return, as a deduction or a qualifying expense for an education credit?
A. No. Room and board (R&B) are not qualifying expenses for a tuition credit or for her scholarship to be tax free.
If you or she had a distribution form a 529 plan, then the R&B would be qualified expenses for that distribution to be tax free.
Furthermore, she has $15,420 of taxable income to report on her tax return (40,261 - 24,841 = 15,420). Scholarships that pay for qualified educational expenses (QEE - tuition, fees, books and other course materials) is tax free. Scholarship amounts that exceed QEE is taxable income, on the student’s tax return. Room & board are not QEE.
If box 5 of the 1098-T exceeds box 1, TurboTax (TT) will treat the difference as taxable income, unless you enter additional QEE at books and other expenses.
If you are entering the 1098-T, on your return, TT will advise you that your student has taxable scholarship income to be reported on his/her return. It will not (and should not) enter the taxable scholarship on your tax return.
If that is her only income, it is not enough to require her to file (less than $15,750).
Scholarships are a hybrid between earned and unearned income. It is earned income for purposes of the $15,750 filing requirement (2025) and the dependent standard deduction calculation (earned income + $450). It is not earned income for the kiddie tax and other purposes (e.g. EIC). For grad students and post grad fellows, scholarship, stipend and fellowship income is earned income ("compensation") for IRA contributions.
Saturday
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Saturday
You only needed to scroll down the page - https://turbotax.intuit.com/personal-taxes/compare/desktop/
Product download, installation and activation requires an Intuit Account and internet conne...
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You only needed to scroll down the page - https://turbotax.intuit.com/personal-taxes/compare/desktop/
Product download, installation and activation requires an Intuit Account and internet connection. Product limited to one account per license code. Operating systems required: Windows 11 (64-bit), macOS Sonoma 14 or later. Software will not install on Windows 10, macOS 13 or earlier operating systems. Please confirm your operating system prior to purchase. See full system requirements
Saturday
@princelovin3 It may depend on what state you are preparing. Some states will not accept any e-filing until the end of January, and the state forms in the software may be preliminary ones and ...
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@princelovin3 It may depend on what state you are preparing. Some states will not accept any e-filing until the end of January, and the state forms in the software may be preliminary ones and not the final ones...thus you may have to go thru the state Q&A again AFTER the final state forms for your state have been implemented.
Saturday
@vetz76 wrote: I may switch to a paid preparer at some point. Not a bad idea but you might want to take a fact you're not going to like into consideration; a ton of the paid preparers will st...
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@vetz76 wrote: I may switch to a paid preparer at some point. Not a bad idea but you might want to take a fact you're not going to like into consideration; a ton of the paid preparers will store ALL of the information you provide in the "cloud" since they use cloud-based, hosted software.
Saturday
IRS filing season doesn't start until 1/26/2026
Saturday
I would be willing to bet that H&R drops support for Win10 in one to two years. I knuckled under and downloaded the free Win11, so far I have no issues with it. I just didn't want the hassle of swi...
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I would be willing to bet that H&R drops support for Win10 in one to two years. I knuckled under and downloaded the free Win11, so far I have no issues with it. I just didn't want the hassle of switching, I may switch to a paid preparer at some point.
Saturday
It is supposed to be available next week (1/21/2026).
Saturday
1 Cheer
@KimBelden wrote: H&R Block tax software is updated. It is? Can you explain the screenshot below then?
Saturday
@Big_Dog wrote: So Intuit and I are done for good, I guess. Buh bye! Just out of curiosity, what are your plans for the 2026 tax year (software to be released later this year) if all of the o...
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@Big_Dog wrote: So Intuit and I are done for good, I guess. Buh bye! Just out of curiosity, what are your plans for the 2026 tax year (software to be released later this year) if all of the other DIY tax prep providers require Windows 11?
Saturday
The Windows 11 requirement has been widely known and made available since the middle of the Summer of 2025. It's also in the system requirements.
Saturday
WTF. I bought the program and then you tell me I have to upgrade? This is total BS.No where on any ad was I informed of this. Another rip off attempt by TurboTax.
Saturday
How tto amazono down load I already paid for