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yesterday
Yes, your medical expenses incurred outside the US are generally deductible in TurboTax as long as they were for legal medical care, not reimbursed by insurance, and you itemize deductions. These exp...
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Yes, your medical expenses incurred outside the US are generally deductible in TurboTax as long as they were for legal medical care, not reimbursed by insurance, and you itemize deductions. These expenses must exceed 7.5% of your Adjusted Gross Income (AGI) and are reported in U.S. dollars on Schedule A.
If you have additional information or questions regarding this, please return to Community and we'd be glad to help.
yesterday
When specifying the use of a scholarship, if part of it was given to me for life expenses like food or rent, is that considered "room and board"? Or where should I specify that?
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yesterday
In TurboTax Online, Get Expert Help may be found in the upper right hand corner of the screen.
yesterday
wonderful Mahalo/thanks!!
yesterday
To enter a Puerto Rico Form 480.7C (retirement/pension) in TurboTax, report it as a 1099-R. Under Federal Wages & Income. Scroll to Retirement Plans and Social Security Select IRA, 401(k), Pens...
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To enter a Puerto Rico Form 480.7C (retirement/pension) in TurboTax, report it as a 1099-R. Under Federal Wages & Income. Scroll to Retirement Plans and Social Security Select IRA, 401(k), Pension Plans (1099-R). [Add a new 1099-R} I'll type it in myself. Enter the information from your 480.7C. When asked for the payer's address, mark the box for Foreign Address and select Puerto Rico.
yesterday
On your tax form, Form 1040, the standard deduction is located on Line 12. Schedule A is for itemized deductions, which you will not use when taking the standard deduction. You can check the sta...
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On your tax form, Form 1040, the standard deduction is located on Line 12. Schedule A is for itemized deductions, which you will not use when taking the standard deduction. You can check the standard deduction in TurboTax Online by navigating to Tax Tools on the left of your screen, choose Tools, then View Tax Summary. On the left of the screen, select Preview my 1040, and scroll to line 12 of the 1040 to see the standard deduction.
yesterday
If you are having looping issues, it may be a browser problem. Try clearing your cache and deleting your cookies.
You can use the steps below to enter your self employment income and expenses fo...
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If you are having looping issues, it may be a browser problem. Try clearing your cache and deleting your cookies.
You can use the steps below to enter your self employment income and expenses for Door Dash:
Click Search in the upper right and type Schedule
Click, Jump to On the Self employment Income and Expenses', click the arrow.
Select Edit or Start beside your business and then scroll to Business Income and select 'Other Income' (cash, etc.). For more information, see, How do I report income from self-employment?
yesterday
My 1065 Schedule K-1 has amounts in both lines 1 and 2 in Part III, so I need to create a separate K-1 for business income/loss and at least one additional K-1 for rental real estate income/loss. TT...
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My 1065 Schedule K-1 has amounts in both lines 1 and 2 in Part III, so I need to create a separate K-1 for business income/loss and at least one additional K-1 for rental real estate income/loss. TT states that when multiple businesses are listed in the Statement setting forth the Section 199A information, a separate K-1 should be completed for each business. When creating a separate K-1 for each business listed in Section 199A information Statement, is the same amount from line 2 in Part III included on each K-1 or does it need to be allocated? Also, since amounts are shown in other line items in Part III, are they just included in one of the K-1s, and nothing noted for the separate K-1s that are completed to provide Section 199A information?
yesterday
Try deleting Form 2555 by going to Tax Tools>Tools then Delete a Form from the left menu in TurboTax Online.
If that does not work, try clearing cache and deleting cookies.
yesterday
I need an expert to contact me please
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yesterday
My wife has an in home business and is paid via non employee compensation. We file married filing jointly. Is there a way for her to file quarterly without having to file a separate return? We use...
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My wife has an in home business and is paid via non employee compensation. We file married filing jointly. Is there a way for her to file quarterly without having to file a separate return? We use Turbo Tax Home and Business
yesterday
where do i add income or expenses for doordash. it keeps looping me back to the summary. this shouldnt be so hard to add income.
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yesterday
standard deduction married filing jointly, $31,500 where located on form
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yesterday
I picked the rental properties and royalties to report a Form 1099 rental receipt. The Form 1099 MISC entry will not update to Schedule E. The review says to add it to my Schedule C which is not correct.
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yesterday
Yes, that is the correct way to report this.
yesterday
need expert to do my 1099-b
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yesterday
Hi @DaveF1006 I was wrong earlier about the residency status and I just cross checked that my spouse is still non resident alien. I filed mine as married filing separately writing down NRA at my spou...
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Hi @DaveF1006 I was wrong earlier about the residency status and I just cross checked that my spouse is still non resident alien. I filed mine as married filing separately writing down NRA at my spouse's SSN field. Hope it will be fine! Thanks!