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I don't know what you mean by "gambling records".  You would have 1099-G for winnings over a certain amount, and your own self-declared losses.   If Turbotax made a mistake, turbotax is supposed to cover any interest and penalties, but you always owe your own correct tax.  You have to file a claim within 30 days of the notice of deficiency.  https://ttlc.intuit.com/turbotax-support/en-us/help-article/intuit-account-billing/submit-claim-turbotax-100-accurate-calculation-100/L88SYklBL_US_en_US

Duplicate question. See the reply to your other post of the same question. If you have further questions please continue the discussion in the other thread to keep all the information in one place.  

@pk ,   Thank you for your answers and sorry about my delay to reply you. Things are much clearer now and I will discuss these details with HR (they may not give me permission to work remotely, but I wanted to have some things clarified before discussing this with them).   In your point 2, you answered a follow up question I had: about how should I proceed if they withheld tax and reported to IRS. Thanks for that!   About point 3: I saw in the IRS webpage (https://www.irs.gov/individuals/international-taxpayers/taxation-of-dual-status-individuals) that   "The following restrictions apply if you are filing a tax return for a dual-status tax year: [...] You cannot file a joint return. However, a dual-status individual who is married to a U.S. citizen or resident may elect to file a joint return with their spouse. Refer to Nonresident Spouse Treated as a Resident for more information."   Since my wife is not a US citizen nor resident, I believe we would need to file as married filing separately (MFS). Regarding this, as she does not have any income, I think she is not required to file. I saw here (https://www.irs.gov/individuals/check-if-you-need-to-file-a-tax-return) that MFS is not required to file if the income is less than $5. I believe this threshold applied to each spouse separately. Correct? So, she would not need to file any taxes because she will have no worldwide income for the first part of the year nor US sourced income during the second part. Or would she need to file some other form? During our first two years, she had to file form 8843.   São Paulo is well known for its slow traffic, but I am glad you liked it 🙂 Just out of curiosity, was filing taxes in Brazil as a nonresident complicated (e.g. could you use the electronic system or had to mail it)?   Best regards, Felipe 

The entire amount is taxable, including the portion sent to the attorney, since that is your money awarded for your damages, that you happen to pay to an attorney.   The amount of lost wages should be reported on a W-2, and is subject to social security and medicare tax.  If the company does not issue a W-2, you can file your taxes with a substitute W-2 form.   The compensation for pain and suffering is only non-taxable if the pain and suffering arose from physical injuries.  Since you were not compensated for physical injuries that occurred at work, then it is clear that the "pain and suffering" is for the improper termination, and is taxable.   The amount set aside for the attorney is also taxable to you.  These two amounts should be reported on a 1099-MISC.    The attorney fees are not deductible by you unless this was a lawsuit for unlawful discrimination (UDC).  There are many kinds of discrimination claims, and if you are unable to work due to a physical or psychological condition and they did not make appropriate accommodations, this might be an UDC case.  You may need to ask your attorney.  You must report the entire settlement as taxable, and then deduct the fee in writing in a specific way, you can't just leave the attorney fees off.  To properly deduct UDC, you need to make manual entries on the tax form using Turbotax Desktop version installed on your own Mac or PC from a download.  You can't deduct UDC attorney fees using Turbotax Online.  If this is not a UDC case, the attorney fees are taxable to you and not deductible.     To put another way, the company is settling over something they did.  They did not cause the injury, so the settlement is not for the injury, but the wrongful termination.

@Tchelo , Assuming that the LLC was organized under Texas laws and only a Husband and Wife as owners, I would leave as they i.e. continue   as a  dis-regarded entity.  The other way i.e. changing to formal partnership achieves nothing and increases paperwork. However, if you now choose to dissolve the Texas LLC and do a new one in Tennessee, then yes perhaps you should consider  a formal partnership. This my opinion and in keeping with my belief of KISS.  Others may disagree.  

Likely not.  She has to live "at home" for a least half the year.  A student at college is usually considered to live "at home" while they are away at college because college is considered a temporary absence.  I don't think boot camp is considered the same, because a college student is expected to live at home during holidays and summer break, and I don't think that applies to boot camp.  If she no longer lives "at home" then you can't claim her as a dependent unless you paid more than half her financial support AND she has less than $5500 of taxable income.   If you decide that she did live "at home" for more than half the year, then the second test is that she can not have provided more than half her own support for the year.  Assuming you supported her from January to April, and she receives a military salary from April to the end of the year, then she probably provided more than half her support for the year. 

@IronWomen  (a) How did you file 2023 return --- MFJ / MFS/? (b) Which country is your tax-home now ?  Is this the same country your NRA spouse  is a citizen of ? 1- Do we need to continue file ITR as married filling jointly as we co-own the property? My understanding is that my spouse doesn't need to file taxes in USA being a non-resident of USA and has no USA income. Ans:  As a US citizen you are required to file US Federal Return and taxed on your world income.  If you choose to file as MFJ, you and spouse will have to request that spouse be treated as a "Resident for tax purposes", expose her world income to US taxes. However, at that point you both can use  Foreign Earned Income Exclusion or Foreign Tax credit to reduce double taxation burden.  Also any tax treaty between US and your taxhome country may affect things. 2- How much taxes are we liable to pay on the rental income? Ans:  For US tax purposes, rental income is reported on Schedule-E, allows expenses (such as property taxes, mortgage interest, repairs/maintenance  etc. etc. ) and depreciation to used as a deduction. Please see this Pub from the IRS --- >  2024 Publication 527    3- We have mortgage on this property that we are planning to close by pre-paying. Is it advisable to keep the mortgage or close it for the benefit of ITR? Is there a deduction on mortgage that we can show by keeping it such that it can lower our taxes on the rental income? Ans: Please see answers and refs. to your question 2 above.  While mortgage interest  is both an expense and a deduction against  rental income, Only you can decide whether paying off the mortgage is of benefit to you or not.  It is generally tax neutral  4- Is there a calculator that we can use to pre-calculate the taxes on our rental income after all the deductions? Ans:   You can always use TurboTax dowloaded version -- 2024  ( my favorite for such is Windows version of Home & Business --- this will also cover your complicated  FEIE/ FTC etc. ) to compute what is likely to happen in 2025 filing -- you can use the What-if worksheet. While I have answered your questions in general, please answer my questions  above  for a more specific reply.  I will circle back once I hear from you -- yes ?    

The wording of the IRS notice is misleading, which commonly leads to misunderstanding of the problem. When the IRS says that the taxable Social Security was calculated incorrectly, they mean that it has become incorrect because of other changes in your tax return that affect the taxable amount of Social Security. The calculation on the original tax return was correct, based on the income reported on that tax return. But a change in the amount of income, typically because income was omitted or underreported, requires an increase in the taxable amount of Social Security. So the Social Security amount on the original tax return is no longer correct for the corrected amount of income. One other possibility, as VolvoGirl pointed out, is that you mistakenly answered Yes to the question that asked whether you live in certain foreign countries. If that's what happened the amount on line 6b of your original Form 1040 would be zero. TurboTax calculated the amount correctly based on your answer, but the result was incorrect because your answer to the question was incorrect. In both of these cases the IRS says that the taxable Social Security was calculated incorrectly, but that does not really explain the problem. In both cases, the calculation in TurboTax is correct for the information that you entered.  

@pagosaltio   Por favor, ¿podría responder las siguientes preguntas: (a) ¿Cuándo ingresaste a los Estados Unidos y con qué visa? (b) ¿De qué país eres? (c)  ¿Cuál es tu fuente de ingresos: autónomo o trabajas para alguien/alguna empresa? (d) Ud. dije que presente una declaración de 2024 usando el formulario 1040: ¿fue esta su primera declaración?   En general, cuando se utiliza el formulario incorrecto, tendrá que presentar una declaración enmendada para corregir el error.Por favor, responda a mis preguntas y volveré para ayudarle.   pk

I am also in exact same situation. I have also posted the message on this, but have not seen any response. I am hoping someone from Intuit/TurboTax help desk will respond with suggestion(s)/steps to resolve this. 

Do you have an amount on 1040 line 6b or is it 0? What usually happens is the IRS changed some other income on your return. Like the taxable amount of a 1099R you got or you missed entering some income. Like if a 1099R got entered on the wrong line 1040 line 4 or 5, the IRS would miss it and think you didn’t report it. By increasing your other income it made more of your SS taxable.   You get 0 on 6b if you didn't answer the Foreign question right. Or if the amount on 6b is too low and you are married you answered it wrong for one spouse.   There is a new question this year asking if you lived in a foreign place. People have been answering it wrong or skipping it. Go back through the Social Security entries and check, check for each spouse if married. If the IRS adjusted your return you do not need to amend.

Agreed. Nothing works for me. Can still open TT2023 and print that return to either printer or PDF without problem, but nothing works for printing or saving to PDF with TT2024. They have, apparently, been working to fix this for ten months. People should be fired by now and it is time for a class action lawsuit to at least give refunds to all who purchased this software and cannot print/save.