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a week ago
is a go fund me for public use personally taxable?
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a week ago
How do I use the same person who did my taxes last year? I forgot his name. Is it on file?
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a week ago
You will have to contact TurboTax support for assistance with this problem. Use the key words Billing Issue
See this TurboTax support FAQ for contacting support - https://ttlc.intuit.com/turbotax...
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You will have to contact TurboTax support for assistance with this problem. Use the key words Billing Issue
See this TurboTax support FAQ for contacting support - https://ttlc.intuit.com/turbotax-support/en-us/help-article/account-management/turbotax-phone-number/L0Od33nMQ_US_en_US?uid=lfgviwbm
a week ago
Thank you very much!!
a week ago
looking to file previous year tax returns ? Google it .
a week ago
A CPA would probably charge you $236 to amend for a refund of a $236 penalty. Nothing in this year's or next year's TurboTax is going to help you with a 2023 amendment. @march142005
a week ago
To check on your state refund go to the following link and then click on the name of your state.
How do I track my state refund?
a week ago
To claim such losses you have to itemize. Did you Itemize? if IRS denies your itemized deduction, you probably will need receipts or other documents showing your losses in 2024. @barbaramays333...
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To claim such losses you have to itemize. Did you Itemize? if IRS denies your itemized deduction, you probably will need receipts or other documents showing your losses in 2024. @barbaramays333
a week ago
per turbo tax it was accepted 5/28, state refund received in 5days
a week ago
I tend to agree that you simply reduce your premium (if you are reporting the premium as a business expense on schedule C). For example, if your 2024 premium was $1000 and you received a $100 rebate...
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I tend to agree that you simply reduce your premium (if you are reporting the premium as a business expense on schedule C). For example, if your 2024 premium was $1000 and you received a $100 rebate that was paid in 2024 (even for a prior year), you would report the net premium for 2024 of $900.
If you do report the full premium deduction of $1000 and misc business income of $100 (or $242 in your case), and that causes an oversized adjustment, that is because the premium tax credit was not well designed and there is no gradual phase out when your income gets close to the threshold. Instead, you would need to look for some extra business expenses to lower your income...make sure you didn't forget everything and make sure to take every expense possible. But reporting the net premium rather than income may have a less drastic effect.
a week ago
how do I get a live person?
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a week ago
Thanks for the next steps! I hope the change will be reflected next year in TurboTax. Otherwise, I may have to go to a CPA to untangle everything.
a week ago
The Form 4868 for an extension request will be included in the PDF download when you use Print Center and the option for all worksheets if you used the 2024 TurboTax online editions.
To access ...
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The Form 4868 for an extension request will be included in the PDF download when you use Print Center and the option for all worksheets if you used the 2024 TurboTax online editions.
To access your current or prior year online tax returns sign onto the TurboTax website with the User ID you used to create the account - https://myturbotax.intuit.com/
When you sign onto your online account and land on the Tax Home web page, scroll down and click on Add a state.
This will take you back to the 2024 online tax return.
Click on Tax Tools on the left side of the online program screen. Then click on Print Center. Then click on Print, save or preview this year's return. Choose the option Include government and TurboTax worksheets
If you used the desktop CD/Download editions installed on your computer, the only copy of your tax data file and any PDF's will be on the computer where the return was created. TurboTax does not store online any returns completed using the desktop editions.
a week ago
Changes to the life-expectancy tables are published in the Federal Register and from there the IRS publishes them in IRS Pub 590-B. For the changes that were implemented for 2022 and beyond, the fac...
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Changes to the life-expectancy tables are published in the Federal Register and from there the IRS publishes them in IRS Pub 590-B. For the changes that were implemented for 2022 and beyond, the fact that the life-expectancy tables were being updated was mentioned in the What's New section of the final version of 2021 IRS Pub 590-B, providing some advance warning.
a week ago
I want to get a copy of the form I filed
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a week ago
@jeffry-jackson Not knowing exactly what you are encountering, but a shot in the dark..... I haven't tried this recently....I've noticed that if I have Windows Desktop 2024 running, that I s...
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@jeffry-jackson Not knowing exactly what you are encountering, but a shot in the dark..... I haven't tried this recently....I've noticed that if I have Windows Desktop 2024 running, that I sometimes cannot start up earlier Desktop tax years. But if I shut down 2024 , I can start up any of the earlier years (as long as they were already installed and running on some prior date). ________________ So, now I guess I need to go try it again with 2024 running...maybe TTX fixed that particular issue sometime in the last few months.
a week ago
No.
First, a 1099 only needs to be issued by businesses under certain situations, not individuals.
Second, legal settlement income is taxed according to how the income type it is a settle...
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No.
First, a 1099 only needs to be issued by businesses under certain situations, not individuals.
Second, legal settlement income is taxed according to how the income type it is a settlement for would have been taxed. Since a cash inheritance would not have been taxable to person 1, the settlement is also not taxable. (And since the cash inheritance was never taxable to heir 2, the settlement is not a deductible legal expense by heir 2.)
a week ago
Could you post what exactly is not working properly on your 2023 TurboTax desktop edition.
Are you using Windows or Mac as your operating system?
a week ago
Topics:
a week ago
An heir (1) sued another heir (2) and not as part of estate. Heir 2 settled with heir 1 by giving $10,000 of heir 2 inheritance to heir 1 to settle as nuisance claim. This settlement is not part of h...
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An heir (1) sued another heir (2) and not as part of estate. Heir 2 settled with heir 1 by giving $10,000 of heir 2 inheritance to heir 1 to settle as nuisance claim. This settlement is not part of heir 1 inheritance but additional monies received. Does heir 2 need to send heir 1 a 1099 MISC to report additional income for tax purposes to heir 1?