All Posts

TurboTax does not have your W-2.   W-2’s come from employers.  There is not a federal or national website that provides W-2’s.   If your employer is partnered with TurboTax to allow the W-2 data to be imported into the software you can do that---but you need the actual W-2 so that you can enter the EIN and the amount from box 1 to import the other data from the W-2---which just saves you the little bit of keying in of the other information.   Every 2024 W-2 that you received must be reported on your 2024 tax return, even if they are for small amounts.  Remember that each one of those W-2’s has your Social Security number on it, and that income was reported to the IRS by the employer.  You do not want trouble with the IRS for under-reporting your income or have your refund delayed by having missing income.   ALL of your W-2’s must be entered on the SAME tax return.     Go to Federal>Wages & Income to enter a W-2. After you enter the first one, you click Add Another W-2.     W-2's come from your employer, and they have until January 31 to issue it.  Some employers allow you to import the W-2 through the software, but for security reasons you still need information from the actual W-2 to import it. Some employers have payroll sites that will have your W-2. You might need to phone, text, drop in, email and/or snail mail an old employer to make sure they know where to send your W-2.   https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-forms/get-copy-w-2/L8FTim9MO_US_en_US?uid=m68ee4os   https://ttlc.intuit.com/turbotax-support/en-us/help-article/import-export-data-files/import-enter-w-2/L55HzdeDr_US_en_US?uid=m68efe36     You do not say what kind of 1099 information  that you are looking for.  There are over a dozen kinds of 1099's.  A 1099NEC is typically issued by an individual or business for whom you performed work as an independent contractor, so seek a copy from them if you did not save yours.  Many of the other types of 1099's are issued by banks, brokerages and other financial institutions from which you can seek copies.   And….SAVE YOUR OWN W-2!  TURBOTAX DOES NOT SAVE IT FOR YOU.  TurboTax will not have a copy of it in your account and will not have an image even if you snapped a photo or imported it.  It is up to you to save it for your own records as stated on the back of the W-2.   

TurboTax cannot access any W-2 or Form 1099 for you. You will have to get the W-2's from your employers and the Form 1099's from the issuer of the form.   If you cannot obtain the W-2 from your employer, then for a fee you can get a complete copy of a W-2 from the Social Security Administration - https://faq.ssa.gov/en-us/Topic/article/KA-02501   You can get a free Wage and Income transcript from the IRS - https://www.irs.gov/individuals/get-transcript

No conflict here. Your wife is entitled to be reimbursed from the estate, to the extent possible, for personal funds she expended to maintain, repair, or improve estate property. She's also entitled to a reasonable fee for serving as Administrator to the extent that fee is approved by the probate court.

We can't see your emails.   Turbotax does send out marketing emails.  They might send out recruitments for experts to staff their online products next tax season.  But, emails can also be "spoofed" by scammers and other bad guys.  If you have any questions, you can call the customer service number and ask for the security team.  But, you probably just want to delete the message if it is not useful to you. 

If you are seeing a "pending" charge on your credit card app or web site, wait for the transaction to finalize.  There might be reasons (depending on your bank and the CC processor where the taxes were paid) why they would put a larger "hold" on the card than the final amount.  If the final amount is not what you expect, you will have to call customer support.    Also, there is a processing fee for credit card payments in addition to the tax.  The processing fee is up to 3% if you pay on the IRS web site. I don't know what the processing fees are if you use Turbotax. https://www.irs.gov/payments/pay-your-taxes-by-debit-or-credit-card

Yes, it was a direct rollover into an inherited Annuity, with box 7 as 4D and was created using employee contributions.  Sorry for using the word "distribution", it was a direct rollover into my own inherited annuity and I get to withdraw it over the rest of my lifetime should I wish to.  The annuity had very little gain, so there was virtually no taxes withheld.   [Sorry I confused this product with another similar one from the same company, which was an IRA Annuity which was handled properly in the 1099Rs.]   Do you suggest one option over the other or it doesn't matter?   Zero out 9a OR check Total Distribution?

It's likely not an error in the software....but an error in the way you indicated what state(s) the $$ came FROM.   In the software, You might have indicated that all of the tax-exempt $$ came from NY bonds, when in fact it came from a number of non-NY states.   The data you download directly from the issuer/brokerage does  NOT automatically indicate what states issued the tax-exempt bonds you (or the mutual fund) owned.   You have to enter that information separately during the interview.  Most commonly, during the software interview, folks just indicate that the $$ came from "Multiple States" if the $$ amounts are relatively small....then it all shows up as being taxable by your home state.  The only time you indicate that it was from NY bonds...is if the $$ in-fact came only from NY bonds. ___________________ Yes, you do have the option of breaking out just the NY-bond $$ from all the other states tax-exempt bond $$, but doing so requires YOU to do the calculations from the data the brokerage/fund provides you.   In my state (NC) if I get $1000 tax-exempt $$ from a mutual fund, and the fund tells me that 2% of tax-exempt $$ for the year, came from NC bonds...then that's $20 I can break out as coming just from NC bonds...and doing so saves me $1 in NC taxes since NC would have taxed that $20 at 5% if I hadn't excluded it.    Big bucks for my efforts eh?  

If four equal ES voucher payments add up to 110% then you met the Required Annual Payment. Applying some refund to 2025 tax merely reduces the amount due on Tax Day   But, you can't make four equal ES voucher payments now because we're coming up on the third payment. The amount applied will go toward your first voucher payment and the second if it is two times the voucher payment. In which case two payments are needed. This eliminates any penalty.   @Kiwi 

Given that both you and your sister were 50/50 beneficiaries, I suspect that you are not the surviving spouse of the decedent.  Therefore, if the decedent's account was an IRA (IRA/SEP/SIMPLE box marked on the Form 1099-R in question), it was not permitted to be moved by distribution and rollover.  Such an inherited IRA is permitted to be moved only by nonreportable trustee-to-trustee transfer and no Form 1099-R for that transfer should have been issued.  If a distribution was truly made from the decedent's IRA, the distribution is entirely taxable in the same manner as it would have been had the entire amount been distributed to the decedent before death and depositing the proceeds into an inherited IRA would then constitute an excess contribution that is subject to penalty unless corrected by a return of contribution.  Given that, I thin k that the appropriate thing to do would be to simply leave box 9a blank on  TurboTax's 1099-R form (assuming that this was not a trustee-to-trustee transfer of an IRA in which case the financial institution needs to issue a corrected From 1099-R showing $0 distributed).   If the decedent's account was instead an account in an employer's qualified retirement plan, that would be moved only by distribution and direct rollover (codes 4 and G in box 7 of the Form 1099-R, the IRA/SEP/SIMPLE box unmarked).  In that case my previous reply still stands.   I don't think that there is a bug in TurboTax.  The instructions for Form 1099-R seem to imply that box 9a should be left blank if the Total Distribution box is not marked, and given that the remainder of the account was not distributed in the same single calendar year, it seems appropriate that your Form 1099-R should not have the Total Distribution box marked.  In fact, whether the distribution was from an IRA or was a direct rollover from a qualified retirement plan, the instructions for Form 1099-R indicate that box 9a should be left blank whether a Total Distribution or not.