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yesterday
Thank you. I am confused on how to answer the questions that turbo tax is asking. Would you be able to advise on the below questions? 1. Do any uncommon situations apply? Someone ...
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Thank you. I am confused on how to answer the questions that turbo tax is asking. Would you be able to advise on the below questions? 1. Do any uncommon situations apply? Someone co-owns this loan, and I only pay a portion of it. The seller is financing this loan and I didn't receive a 1098. None of these apply. 2. What kind of property is this loan for? Primary home This is where you live most of the time—can be a house, condo, mobile home, or other property types. Second home This is usually a vacation home. It can be rented out part-time as long as you live there for a certain amount of time each year. Other This includes rentals you don’t live in and business properties. 3. Did you pay points in 2022 when you took out the loan? I paid points when I refinanced, purchased a second home, or opened a home equity loan in 2022. I have already deducted all the points I paid in 2022, or I didn't pay any points. 4. Is this 1098 the most recent for your loan? If you only have one 1098, select Yes. When you refinance or your lender sells your loan, you’ll get 1098s for the original and the new loan. When this happens, we need to know which is the most recent. Yes No 5. Let’s get some details about this loan This helps us know how much interest you can deduct this year. Learn more This loan is a home equity line of credit (HELOC). This loan is a refinance of a previous loan. This loan is neither of these.
yesterday
2502/2503 errors can occur when Windows prevents software from accessing temporary installation files, often caused by security settings or permission corruption.
Navigate to C:\Windows in F...
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2502/2503 errors can occur when Windows prevents software from accessing temporary installation files, often caused by security settings or permission corruption.
Navigate to C:\Windows in File Explorer.
Right-click the Temp folder and select Properties.
Go to the Security tab and click Edit.
Select Users (or "Everyone") and check the box for Full Control under the "Allow" column.
Click Apply and OK.
Also:
Run as Administrator: Right-click the TurboTax icon and select Run as Administrator to give it necessary permissions.
Manually Update TurboTax: If the auto-update fails, download the patch directly from the TurboTax support website.
Restart Windows Installer: Open Task Manager, locate the Windows Installer process, end it, and then try updating TurboTax again.
Reinstall TurboTax: As a last resort, uninstall the software, restart your computer, and install it again.
@winbarrows44
yesterday
My Mother passed away and left.my sister and I some mutual funds from Fidelity and also my parents life insurance as we were the beneficiaries and also the Will At the end of this year when I do ta...
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My Mother passed away and left.my sister and I some mutual funds from Fidelity and also my parents life insurance as we were the beneficiaries and also the Will At the end of this year when I do taxes will I have to pay the taxes? Even if both states that are involved doesn't require the Inheritance Tax???
yesterday
To see why you have not been receiving email confirmations, first verify that your email is correct, to check what email you have listed and make changes if needed:
Login to your TurboTax ac...
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To see why you have not been receiving email confirmations, first verify that your email is correct, to check what email you have listed and make changes if needed:
Login to your TurboTax account
Select Sign in & security
Select Email address
Make changes if needed
You could also check your spam junk folder to see if your emails are going there.
yesterday
There are numerous updates to Form 5695 scheduled. Please check back this weekend after the desktop update runs late Friday evening.
yesterday
Thank you I have some follow ups 1. I forgot to mention I have a rental property in Illinois and never lived there so I’d also be an Illinois nonresident correct? NYC full resident, NC non resi...
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Thank you I have some follow ups 1. I forgot to mention I have a rental property in Illinois and never lived there so I’d also be an Illinois nonresident correct? NYC full resident, NC non resident and IL non resident? 2. Could you please also confirm my second question in the original post above? Here it is again: In what order do I file each state to law sure I get the correct refund from whichever state? (NY , NC, IL) 3. Since NC withheld taxes on my W2 will it be refunded in my tax return when I put how many days I was in NC? 4. Can you please clarify when you mention I can file as a NC non resident if I made nyc my domicile? I had a NC license but I also got an nyc state id and I voted in nyc. I also had an apartment there the whole year even though I wasn’t there the whole year. Does the above indicate I established domicile in NY? Also just for knowledge if I hadn’t established NY domicile are you suggesting I’d need to file as NC part year resident instead of non resident (so all my income would be taxed for my days in NC rather than only the NC source income I believe) 5. Could you please confirm if one state should be giving me a credit and which one/for what?
yesterday
At the screen Choose Type of Activity, did you select This K-1 has more than one value in boxes 1, 2, and 3?
If so, you would have entered box 1 income in one 'pass' and box 2 income in the sec...
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At the screen Choose Type of Activity, did you select This K-1 has more than one value in boxes 1, 2, and 3?
If so, you would have entered box 1 income in one 'pass' and box 2 income in the second 'pass'.
However, the interest and dividend income reported on the K-1 should only be entered once. Interest and dividend income should be reported in either the first 'pass' or the second 'pass' but not both.
The only exception would be if the preparer of the K-1 reports to you that the interest and dividend income reported on the K-1 should be allocated across the two activities.
yesterday
You should be able to sign in to your TurboTax online account and check "Your tax returns & documents" in the Tax Home section. make sure that you are using the exact same username/account as when y...
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You should be able to sign in to your TurboTax online account and check "Your tax returns & documents" in the Tax Home section. make sure that you are using the exact same username/account as when you prepared the return.
If you can't find your account, you can use this tool account recovery tool to find your user ID or password.
If you are using the Desktop/CD version, search your computer files for the .tax202y file extension.
You can contact TurboTax Customer Support using this link: Turbo Tax Customer Support
See also:
Why can't I find my return in Tax Home or My Docs™?
Please return to Community if you have any additional information or questions and we would be happy to help.
yesterday
To print your 2024 MI state return on TurboTax as a PDF:
If you have not signed in to TurboTax this year:
Open TurboTax and select Continue on the screen showing your prior-year summ...
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To print your 2024 MI state return on TurboTax as a PDF:
If you have not signed in to TurboTax this year:
Open TurboTax and select Continue on the screen showing your prior-year summary
Scroll down and select Your tax returns & documents
Select the year you want, then select Download/print return (PDF)
If you already started your return this year:
Sign in to TurboTax
Select Documents from the menu, use the dropdown menu to choose the tax year you want, and select Download tax PDF
Select the year you want and select Download/print return (PDF)
How do I view, download, or print a prior-year tax return?
yesterday
what settings do i need to receive emails for acceptance of my returns
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yesterday
I have an error message showing up on my Federal Carryforward Worksheet that has only a zero listed on the second line and indicates I need to fill in a State or Local ID for that zero. TurboTax will...
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I have an error message showing up on my Federal Carryforward Worksheet that has only a zero listed on the second line and indicates I need to fill in a State or Local ID for that zero. TurboTax will NOT let me delete the zero NOR let me enter a State or Local ID for that zero! I also am not able to delete the Federal Carryforward Worksheet. The other recommended “fixes” do not work. I've been working on this for hours and cannot resolve the problem. This is the only thing holding up my tax return. A helpful solution is needed!
yesterday
@DianeW777 I am at my wits end :( I did end up completely starting over, and the double entry is still there. And when the TT does the check for errors on the state return, this comes up: ...
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@DianeW777 I am at my wits end :( I did end up completely starting over, and the double entry is still there. And when the TT does the check for errors on the state return, this comes up: This "Honda Civic" entry should not be there, and I cannot for the life of me figure out how to get rid of it. It has to be coming from my entry of business miles in the federal return and the questions surrounding the same. I mark that I stopped using the car in 2025. then enter the mileage info, ect. Then I mark that I converted it to personal use where it has that question. Then I go into the Less Common Business section and do the sale of business asset, which is the 1750 gain in the first entry on the above picture. I don't know what to do....
yesterday
Thank you. That worked!
yesterday
You are correct that the wording on the 'Other Interest/Dividends Excluded Worksheet' is misleading, so that there seems an amount should not be present on Line A of the worksheet if a Massachusetts ...
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You are correct that the wording on the 'Other Interest/Dividends Excluded Worksheet' is misleading, so that there seems an amount should not be present on Line A of the worksheet if a Massachusetts resident.
However, from my test return, I see this amount is from Schedule B, Line 3, but is not being used to calculate excluded interest on Line 6a, so does not affect your tax return for MA.
@ccarbon
yesterday
No, you do not have to pay a federal tax penalty for a one-month gap in your health insurance coverage while switching jobs. There is no longer a federal tax penalty for not having health insurance....
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No, you do not have to pay a federal tax penalty for a one-month gap in your health insurance coverage while switching jobs. There is no longer a federal tax penalty for not having health insurance. It ended starting in 2019.
A few states like California, Massachusetts, New Jersey, Rhode Island, and Washington D.C. do still have their own healthcare mandate penalties. But most of them have a "short gap" exemption that would cover a one-month lapse due to a job change.
See also: What Is the Individual Mandate for Health Care Reform?
Please return to Community if you have any additional information or questions and we would be happy to help.
yesterday
You don't get the room & board screen unless you previously entered a 1099-Q for that student, because room & board are only qualified expenses for a 529/ESA plan distribution/withdrawal.
Oth...
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You don't get the room & board screen unless you previously entered a 1099-Q for that student, because room & board are only qualified expenses for a 529/ESA plan distribution/withdrawal.
Otherwise, include computer, software and internet services in Required books or Optional Books.
yesterday
Where can I located the files so that I can made adjustments and files my taxes?
Topics:
yesterday
Any update on a resolution for this?