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yesterday
How do you know it's charging you both the $25 state efile fee and the optional $40 Pay with Refund processing service charge? Especially if you haven't entered your credit card? If you have the $2...
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How do you know it's charging you both the $25 state efile fee and the optional $40 Pay with Refund processing service charge? Especially if you haven't entered your credit card? If you have the $25 fee deducted from your refund the extra $40 is added to the 25 so the total will be $65. I bought my program from Costco. They give a $10 rebate. I filed federal and California. So I only got charged $15 on my credit card. I just got my full federal refund, no processing fee deducted. How have you been filing state in the past? Did you efile or mail it? If you efiled you had to pay the state efile fee. Look back though your credit card statements. What state are you in? There is one state New York that doesn't charge a fee to efile. Did you move from New York?
yesterday
Turbo tax is subtracting the entire contribution but the MI tax instructions say the deduction is limited to $10,000 for a MFJ return. Is this a programing error?
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yesterday
I already tried running as administrator and it did not help. The TurboTax software is definitely at fault and all suggested work arounds (uninstalling or disabling anti-virus defenses, postponing Wi...
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I already tried running as administrator and it did not help. The TurboTax software is definitely at fault and all suggested work arounds (uninstalling or disabling anti-virus defenses, postponing Windows updates, running as administrator, uninstalling and re-installing Turbo Tax) did not work. I need TurboTax support, as they are unable to fix the problem, to at least reset my activation counter back to 1 which is the true number.
yesterday
Turbo Tax is deduction my IRA distribution on the MI return but I was born in 1960 and am not eligible for this subtraction, Form 4884 should not be in my return. Is this a programing error?
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yesterday
Same problem. It imported my stock transactions (1099-B) and added them to my return just fine, but it refuses to add my 1099-INT and 1099-DIV to my return even though I can see they both imported c...
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Same problem. It imported my stock transactions (1099-B) and added them to my return just fine, but it refuses to add my 1099-INT and 1099-DIV to my return even though I can see they both imported correctly to TurboTax.
yesterday
Second attempt I think I posted this in the wrong area...... General web searches seem confusing on this issue around the following scenario: 1095-A shows no Advance Payments (Column C is blank...
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Second attempt I think I posted this in the wrong area...... General web searches seem confusing on this issue around the following scenario: 1095-A shows no Advance Payments (Column C is blank) Party is not entitled to any Tax Credits after running the numbers through Turbo Tax. Question - What form(s) if any are to be attached to the 1040? I would say none, TT does not list the requirement to send any either. I can't see why it would be necessary to send any of the above forms with the 1040. Here's a snippet from this site around a similar question. Look at the last sentence from the respondent to that OP......if there is no PTC involved then I don't see anywhere on the final printed 1040 that the 1095-A or the 8962 is mentioned.......so how is it "reported on your return" So....am I sending a 1095-A or 8962? I'm not due any credit and didn't take any APTC. Thanks This is the snippet from a similar question posed last year. ---------------------------------------------------------------------------------------------------------------------------------------------------- Since you didn't receive the premium tax credit, and if both column B &C are blank, you don’t have to fill out or include Form 8962 when you file your federal taxes. However, the IRS might reject your tax return if you received form1095-A but didn't report it on your return.
yesterday
how do I value non-cash charitable contributions?
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yesterday
@rossjen95 If you paid the estimated taxes you would want to indicate that you DO need to pay "Pay self-employment taxes on my wages AND housing allowance". This will allow TurboTax to calculate the...
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@rossjen95 If you paid the estimated taxes you would want to indicate that you DO need to pay "Pay self-employment taxes on my wages AND housing allowance". This will allow TurboTax to calculate the taxes and it will apply your estimated taxes on the tax return. You would click that they were paid if already paid via payroll deductions on a W2.
yesterday
I enter the 1099-Q disbursement which is supposed to be offset by the 1099-T tuition expense. However, TurboTax zeros out the 1098-T because my adjusted gross income exceeds $180,000. Therefore, the ...
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I enter the 1099-Q disbursement which is supposed to be offset by the 1099-T tuition expense. However, TurboTax zeros out the 1098-T because my adjusted gross income exceeds $180,000. Therefore, the 1099-Q is counted as income without the offsetting 1099-T.
yesterday
I found for both 2024 and 2025 imports from Merrill, a few things to avoid for frustration. First, wait for the PDF tax document to be available. Use Merrill rather than Merrill Private or any othe...
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I found for both 2024 and 2025 imports from Merrill, a few things to avoid for frustration. First, wait for the PDF tax document to be available. Use Merrill rather than Merrill Private or any other form of Merrill. And once Merrill listed in the drop down, it is then available for import. Doing this both years avoided a lot of angst.
yesterday
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yesterday
A "paid internship program sponsored and paid for under the Department of Energy's Office of Science’s Office of Workforce Development for Teachers and Scientists (WDTS)" sounds like a "stipend". ...
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A "paid internship program sponsored and paid for under the Department of Energy's Office of Science’s Office of Workforce Development for Teachers and Scientists (WDTS)" sounds like a "stipend". I would enter it as scholarship (Schedule 1, Line 8r). The first $15,570 will avoid the kiddie tax.
Otherwise, you report it as self employment subject to 15.3% self employment tax*. You enter at the 1099-Misc section and answer that your intent was to earn money.
*Effectively 14.13%, instead of the stated rate of 15.3%, after the convoluted calculation.
yesterday
You may be able to import or upload the IRS form 1099-R. Or type it in by hand.
Follow these steps to report the 1099-R:
Down the left side of the screen, click on Federal.
Down th...
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You may be able to import or upload the IRS form 1099-R. Or type it in by hand.
Follow these steps to report the 1099-R:
Down the left side of the screen, click on Federal.
Down the left side of the screen, click on Wages & income.
Scroll down to Retirement Plans Social Security. Click the down arrow to the right.
Click Start / Revisit to the right of IRA 401K Pension Plan Withdrawals.
At the screen Did you get a 1099-R in 2025?, select Yes.
At the screen Choose all the situations that apply to you, make selection and Continue.
You will be given options:
to connect with your financial accounts,
to upload your form, or
type it in myself.
See also this TurboTax Help.
@sdinise
yesterday
@Alyeskapilot wrote: I think I’m going to finally switch from TurboTax to another company..... Why? They're all behind on the same section. Other users have switched only to find themselves i...
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@Alyeskapilot wrote: I think I’m going to finally switch from TurboTax to another company..... Why? They're all behind on the same section. Other users have switched only to find themselves in the exact same situation.
yesterday
It is now FEBRUARY 15 and it still says "it will be ready by February but likely before." You are lying in writing to thousands of people and it's insufferable. WHEN EXACTLY?
yesterday
If you're a W-2 employee, the "other business expenses" tax deductions are currently suspended through 2025. I'm not sure which were accepted.
If you have your own business, they will go on th...
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If you're a W-2 employee, the "other business expenses" tax deductions are currently suspended through 2025. I'm not sure which were accepted.
If you have your own business, they will go on the business return, or on a Schedule C for the self-employed.
yesterday
It depends on why you received the $270 income.
If you received the income because you performed a service for the online business, then it should be reported on Schedule C Business Income an...
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It depends on why you received the $270 income.
If you received the income because you performed a service for the online business, then it should be reported on Schedule C Business Income and Expenses for your self-employed business for the work that you did. Enter the income as part of the Schedule C in the general income category that would include cash payments. If you had received a 1099, then it would be entered in the section for the form you had in hand.
If you received the income because of a hobby, then it would be reported on Form 1040 Schedule 1 line 8J. Use these steps:
Go to the Wages & Income section of your return.
Scroll down to the bottom of the page to find Less Common Income, click Start or Update beside Miscellaneous Income, 1099-A, 1099-C.
Click Start or Update beside Hobby Income and Expenses to enter your information.
Form SS-8 is used to request a determination of the status of a worker for a business. If you feel that the business who paid you should have treated you as an employee and not an independent contractor, then you could file Form SS-8. There is not a requirement that you file Form SS-8.