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yesterday
This is how you enter your contribution to your HSA outside of payroll:
In TurboTax Online, open your return
Click on Search (magnifying glass icon) at the top right of your screen
In ...
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This is how you enter your contribution to your HSA outside of payroll:
In TurboTax Online, open your return
Click on Search (magnifying glass icon) at the top right of your screen
In the Search box, enter HSA and click Enter
In the search result box, click on Go to HSA
TurboTax will take you directly to the HSA section
On the next page titled Select the health-related accounts you had in 2025, check Health Savings Account (HSA) and click Continue
On the next page titled 1099-SA Summary, click Continue
You will then have a page titled Let's enter your HSA contributions with a box to enter your HSA contributions made outside of payroll.
yesterday
Are you saying that your W-2 has the correct amount, but your NJ return is showing this huge withholding amount?
Have you gone to Wages & Income->Wages & Salaries and edited your W-2? Sometimes...
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Are you saying that your W-2 has the correct amount, but your NJ return is showing this huge withholding amount?
Have you gone to Wages & Income->Wages & Salaries and edited your W-2? Sometimes the import process fails (because TurboTax didn't create the imported forms) so you might need to correct it.
yesterday
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yesterday
how to enter hobby income without a 1099-K?
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yesterday
SALE OF HOUSE
If your gain was more than $250,000 filing Single, or more than $500,000 filing Married Filing Jointly the sale must be reported on your tax return. Whether you re-invested the ...
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SALE OF HOUSE
If your gain was more than $250,000 filing Single, or more than $500,000 filing Married Filing Jointly the sale must be reported on your tax return. Whether you re-invested the gain in to another house is irrelevant. If you have a Form 1099-S go to Federal>Wages and Income>Less Common Income>Sale of Home (gain or loss)
If you owned and lived in the home as your primary residence for at least 2 of the last 5 years on the date of the sale, you do not have to report the home sale if the gain is less than $250K filing Single, or less than $500K filing Married Filing Jointly (and you both owned and lived in the home for at least 2 years).
If you are using online TT, you need Premium software to report the 1099-S
TO ENTER THE SALE OF YOUR PRIMARY HOME
Start with Federal
Click on Wages and Income
Select Choose what I work on
Scroll down to Less Common Income
On Sale of Home (gain or loss),
Click the start or update button
NOTE: If you have ever used the home as rental property or claimed a home office, you have more information to enter
https://ttlc.intuit.com/turbotax-support/en-us/help-article/homeowner-tax-credits-deductions/selling-home-affect-taxes/L3I66YR0u_US_en_US?uid=m6cuq5qg
yesterday
The online version can only do one return and it's done. You will have to create another return and use a new Email address.
TurboTax.com
yesterday
I have answered all the HSA related questions. But there is no question about additional contributions. I have tried multiple browsers. I have been through the HSA section multiple times, even with...
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I have answered all the HSA related questions. But there is no question about additional contributions. I have tried multiple browsers. I have been through the HSA section multiple times, even with turbotax support.
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yesterday
There is no place within TurboTax where you can select the trader status. According to the IRS, Publication 550, Special Rules for Traders in Securities and Commodities, you must meet all of the foll...
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There is no place within TurboTax where you can select the trader status. According to the IRS, Publication 550, Special Rules for Traders in Securities and Commodities, you must meet all of the following conditions:
You must seek to profit from daily market movements in the prices of securities or commodities and not from dividends, interest, or capital appreciation
Your activity must be substantial
You must carry on the activity with continuity and regularity
The following facts and circumstances should be considered in determining if your activity is a securities or commodities trading business:
Typical holding periods for securities or commodities bought and sold
The frequency and dollar amount of your trades during the year
The extent to which you pursue the activity to produce income for a livelihood
The amount of time you devote to the activity
If your trading activities do not meet the above definition of a business, you are considered an investor, and not a trader.
There is an election that must be filed no later than the due date for your 2025 return. The statement must be attached to your tax return. Read more about How to Make the Mark-to-Market Election.
Although gains and losses from selling securities and commodities as a trader are not subject to self-employment tax, interest expense and other investment expenses are still deducted on Schedule C by a trader, versus Schedule A by an investor.
yesterday
To clarify, are you using TurboTax online or Desktop?
yesterday
Sold our home purchased in 2016 and now have capital gains of over $900,000 after deducting the original amount paid for the house. To reduce the Capital Gains tax, where on the tax form do I deduct ...
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Sold our home purchased in 2016 and now have capital gains of over $900,000 after deducting the original amount paid for the house. To reduce the Capital Gains tax, where on the tax form do I deduct the improvements made to the house over the 10 years?
yesterday
Good evening, I have two minor children who received 1099-INTs for interest on savings account and a CD. I'm the joint owner on them, but the 1099's were addressed to the children. The amount of i...
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Good evening, I have two minor children who received 1099-INTs for interest on savings account and a CD. I'm the joint owner on them, but the 1099's were addressed to the children. The amount of interest was under 1,000 dollars. They have no other earnings. My question: Because I'm a joint owner, do I need to add those to my return? Or are they considered not reportable because they are under the threshold of the filing for the children.
yesterday
I FIXED IT ON MINE (desktop version)... It's checking this box based on an assumed separation/living apart... The only place you can seemingly change this if you go into the 'forms' setting and g...
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I FIXED IT ON MINE (desktop version)... It's checking this box based on an assumed separation/living apart... The only place you can seemingly change this if you go into the 'forms' setting and go to the EIC Worksheet. There is an MFS box between lines 9 and 10. This seems to be the only place that TT allows you to edit this information. Once corrected, the check on the 1040 disappears. gl;hf
yesterday
For e-filing, your signature is the only one required. Once you designate your spouse as deceased in TurboTax, the software handles the specific "signing" requirements for them during the transmissio...
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For e-filing, your signature is the only one required. Once you designate your spouse as deceased in TurboTax, the software handles the specific "signing" requirements for them during the transmission process.
In the Personal Info section, select the name of your spouse. On the screen titled "Do any of these apply to [Name]?", check the box for "Passed away before filing this return" and enter the date of death.
Very sorry for your loss.
yesterday
The changes that occurred due to the One Big Beautiful Bill Act (OBBBA) should have affected your return in a positive way.
How will the OBBBA affect my taxes?
The best advice is to compare ...
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The changes that occurred due to the One Big Beautiful Bill Act (OBBBA) should have affected your return in a positive way.
How will the OBBBA affect my taxes?
The best advice is to compare your 2024 tax return with your 2025 tax return line by line to see the major differences. It may be that your withholding was not enough to cover your tax bill. This does happen sometimes at retirement when the correct forms are not completed.
Why did my refund go down compared to last year?
Please update here with additional details and we will help.
yesterday
To enter your retirement income, Go to Federal> Wages and Income>Retirement Plans and Social Security>IRA 401 k) Pension Plan Withdrawals to enter your 1099R.
yesterday
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yesterday
When you use online TurboTax software you get one return per fee.
Each return needs its own email, account and user ID. If you use the same account and user ID for a second return, the se...
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When you use online TurboTax software you get one return per fee.
Each return needs its own email, account and user ID. If you use the same account and user ID for a second return, the second one overwrites the first return and it is lost forever.
https://ttlc.intuit.com/community/using-turbotax/help/how-do-i-start-another-return-in-turbotax-online/00/25596
https://turbotax.intuit.com/personal-taxes/online/file-your-own-taxes/
yesterday
I filed my taxes,and included my two kids and the $2,000 for each kid wasn’t included,why?
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yesterday
I received a 1099-Misc on Other Income from my bank in error. Now I have taxes owed. What do I do?
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yesterday
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