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You guys are saying it's accepted and processed that is a lie it is not processed
The allowed or allowable depreciation is complete on the deck. You are right, it is fully depreciated. Yet, it is still an asset.   The house, land and deck are all allocated a share of the sale ... See more...
The allowed or allowable depreciation is complete on the deck. You are right, it is fully depreciated. Yet, it is still an asset.   The house, land and deck are all allocated a share of the sale based on the original percentage.   To get the percentages, use original cost: Deck = $10k / $110k total of purchases = 0.0909 = 9% or 9.1% House = $x / $110k Land = $y / $110k Use those percentages times the sales price to get the sales price for each item. Deck = .09 x $200k = $18,000 sales price House Land
Sorry---the "Live" experts help with current year returns -- 2025.  They do not help with -- or amend---past year returns.    If you need professional help with amending past years returns seek local... See more...
Sorry---the "Live" experts help with current year returns -- 2025.  They do not help with -- or amend---past year returns.    If you need professional help with amending past years returns seek local paid help.
The best and quick way to find the QMID for your purchased product, is to go to ChatGPT, enter the product/item model, and brand name of you purchase and ask it to find the QMID. It will immediately ... See more...
The best and quick way to find the QMID for your purchased product, is to go to ChatGPT, enter the product/item model, and brand name of you purchase and ask it to find the QMID. It will immediately tell you the Manufacturer  for your product was registered to IRS as their Qualified Manufacturer product. If the Manufacturer registered their list of products as Qualified products.  ChatGPT will return with a QMID, if not, it will tell you why.  
You can connect with a TurboTax Live expert directly from your return.   Go into the tax return. 1. Select Expert Help 2. Connect with Expert Help in the chat window to start a live session. ... See more...
You can connect with a TurboTax Live expert directly from your return.   Go into the tax return. 1. Select Expert Help 2. Connect with Expert Help in the chat window to start a live session. You can also schedule an appointment with an expert.    You’ll have the option to share your screen so the expert can review everything with you in real time. If you’re using the mobile app, you can access Expert Help there as well.     How do I connect with a tax expert in TurboTax Experts?  
Thanks for responding to my question on RRB-1099. As to entering them seperately, I navigated back to RRB-1099 and found this instruction in the field:    Enter the info from your RRB-1099 below. I... See more...
Thanks for responding to my question on RRB-1099. As to entering them seperately, I navigated back to RRB-1099 and found this instruction in the field:    Enter the info from your RRB-1099 below. If you have more than one, add up the amounts for each box. Learn more   This is why I added them up. Finally, after a closer look at my tax forms from RRB I seen what you pointed out, there are 2 forms, blue RRB-1099 and green RRB-1099-R on the same piece of paper. I receive 2 of these forms on account of receiving about ½ of my spouses. I have found where to enter the info for the RRB-1099-R. Now, I've got another problem, Turbotax is asking for the information in box 1, "Gross Distribution." However, box 1 on my RRB-1099-R doesn't show gross distribution, it shows the "Claim Number and Payee Code. Furthermore, none of the 10 boxes on the green RRB-1099-R show "Gross Distribution." (It appears Turbotax isn't up to date?) Here are the box numbers with titles that have pertinent information: Employee Contributions Contributory Amount Paid Supplemental Annuity Total Gross Paid Federal Income Tax Withheld (I got this one down!) Furthermore, Turbo tax for RRB-1099-R asks for 2a “Taxable Amount,” Box 2b asks me to check either Taxable amount not determined or Total Distribution. Box 3 asks for the Capital gain, Box 4 for Federal income tax withheld (I got this one!), and Box 5 Employee contributions or insurance premiums. Is this right? Because I don't see how I can enter Cap Gains for a pension from the RRB. Once again I am stuck and confused. Can you help me out? Thanks.
You can contact your employer or financial provider to request it. You can also check your IRS wage and income transcript.   If you still can't access the form, use Form 4852 (Substitute for Form... See more...
You can contact your employer or financial provider to request it. You can also check your IRS wage and income transcript.   If you still can't access the form, use Form 4852 (Substitute for Form W-2) and estimate your wages and withholding from your pay stubs.   How do I file a substitute W-2 using Form 4852?  
1) Was your son being paid wages with withholding, Social Security, and Medicare deductions? If not, it would seem he was being paid as an independent contractor who would get a 1099-NEC at year-end,... See more...
1) Was your son being paid wages with withholding, Social Security, and Medicare deductions? If not, it would seem he was being paid as an independent contractor who would get a 1099-NEC at year-end, which would mean his compensation is also properly reported on a 1099-NEC 2) However, if these taxes were being deducted from his paycheck, your son was being treated as an employee, and a W-2 should have been issued. Even a third-party liquidator should have issued a W-2 if your son was an employee. **** Something might have occurred to make the 1099 proper, even though your son was an employee, but I have no idea what that would be *** If you believe that under the facts and circumstances of this situation, he should have gotten a W-2, you can use FORM 4852 to generate a substitute W-2. However, read the instructions at the top and bottom. The IRS  wanted to be contacted before this is used. TurboTax, depending on your version, may be able to generate this form, allowing e-file - maybe  4852  ********************************** There is no way to know if the IRS will send your son a notice because of the reporting mismatch.          
I am ready to pay my taxes but need to get to the payment section where I have the checking account payment option No
I get this message when i try to complete my filing, I am filing from the UK, what should i do. I tried clearing cookies and starting from a Private window too.   Thanks.
And this worked for me as well! Thank you for the assistance!   I was going to be livid if I had to paper file. Turbo tax….do better. 
In my turbo tax desktop edition, I followed the instructions regarding how to amend our 2022 joint federal return due to a "claim of right" (my wife had to repay a retention bonus in 2022 that she re... See more...
In my turbo tax desktop edition, I followed the instructions regarding how to amend our 2022 joint federal return due to a "claim of right" (my wife had to repay a retention bonus in 2022 that she received in 2021). The amending of the 2022 federal return worked fine by taking the refundable credit. However, it did not seem to carry over to the state return. Does anyone know if I have to actually change the gross compensation line 1a column C on the PA-40x?   In addition, her employer only required her to repay $5,541 (i.e., the $6,000 retention bonus less 6.2% for SS tax and 1.45% for Medicare tax), as the employer issued a W-2c showing the reduction of $6,000 for SS and Medicare wages in boxes 3 and 5 and the corresponding reduction in SS and Medicare tax withheld in boxes 4 and 6. Therefore, if I should reduce the gross compensation number on PA-40x line 1 column C, should I do so for the full $6,000 or the $5,541?
Thanks for the clarification. Even Fidelity is mixed up since they sent me one 1099R stating just the earnings were taxable and then 2 months later sending me a new one where the excess distribution ... See more...
Thanks for the clarification. Even Fidelity is mixed up since they sent me one 1099R stating just the earnings were taxable and then 2 months later sending me a new one where the excess distribution and the earnings were both marked as taxable. They also told me I would get a 5498 form later in 2026, but that isn't correct as solo 401K doesn't get a 5498.