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Thursday
Is there a list of release dates for TT desktop updates, or any way to predict when the next update will happen?
Thursday
In January 2025 I made a substantial contribution to my HSA. For all of 2025 I was covered by my wife's HDHP family coverage. My wife and her employer also made contributions to her HSA regularly t...
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In January 2025 I made a substantial contribution to my HSA. For all of 2025 I was covered by my wife's HDHP family coverage. My wife and her employer also made contributions to her HSA regularly throughout the year. In April of 2025 I turned 65 and enrolled in Medicare (Part A only) During the TurboTax HSA entry section I answered that I was covered by HDHP the entire year and on the special circumstances I check the Medicare box. As I check the TurboTax form 8889 generated by the interview, the worksheet has all months checked with "Family". The instructions on the worksheet say that you are to select "None" if you are covered by medicare. I went in and performed an "Override" to change the values to "None" as per the instructions for April through December. Now when running the "Check" I get the message "Form 8889-T: Line 3 Wkst, line A4 should not be overridden and changed ... Using an override can prevent the cross-checking that's important to an accurate return" I'm trying to figure out if I have excess contributions in time to correct it, but no matter what I do TurboTax just won't seem to recognize the situation. Where did my data entry go wrong? Or is TurboTax just having a bug in this spot?
Thursday
how to file 2024
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Thursday
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Thursday
-Taxes were paid on dividends on ADRs managed by a brokerage.
-I am only able to select a single country under "other source".
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Thursday
If you received a Form 1099-NEC you were paid as an independent contractor, which means that you were self-employed as far as that income is concerned. Since you were "self-employed" you have to fil...
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If you received a Form 1099-NEC you were paid as an independent contractor, which means that you were self-employed as far as that income is concerned. Since you were "self-employed" you have to file Schedule C. To complete Schedule C:
Click on Search (the magnifying glass icon in the upper right
Type in "Schedule C" and hit Enter
Click on the "Jump to schedule c" link
Continue with the the interview and TurboTax will guide you through completing Schedule C
Thursday
What backup paperwork does the IRS require in order to take the depletion allowance on oil royalties? I've read that 15% is the standard amount for oil--is there someplace on the IRS website that ver...
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What backup paperwork does the IRS require in order to take the depletion allowance on oil royalties? I've read that 15% is the standard amount for oil--is there someplace on the IRS website that verifies that percentage?
Thursday
I bought an asset worth 50K in 2025. I have claimed Section 179 deduction of 30K and Special depreciation allowance of 20K. Special deprecation allowance of 20K shows up an expense, however Section 1...
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I bought an asset worth 50K in 2025. I have claimed Section 179 deduction of 30K and Special depreciation allowance of 20K. Special deprecation allowance of 20K shows up an expense, however Section 179 deduction does not show up as expense and hence does not reduce income. My income is much more than 50K. Any suggestions on how to fix this?
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Thursday
Follow these steps:
Go to Other tax situations.
Go to additional tax payments
Start or revisit, Extra tax on early retirement withdrawals
modify your responses to remove the error. ...
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Follow these steps:
Go to Other tax situations.
Go to additional tax payments
Start or revisit, Extra tax on early retirement withdrawals
modify your responses to remove the error.
If you're still getting an error, delete Form 5695 and repeat the steps above. See the following link on how to delete a form in TurboTax Online; How do I view and delete forms in TurboTax Online?
Thursday
I've checked the bottom of my statement. I see disimbursements and reconciliations, but nothing states "property taxes paid"
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Thursday
The IRS expects most Earned Income Tax Credit (EIC/EITC) and Additional Child Tax Credit (ACTC) related refunds to be available in taxpayer bank accounts or on debit cards by March 2, 2026, if they c...
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The IRS expects most Earned Income Tax Credit (EIC/EITC) and Additional Child Tax Credit (ACTC) related refunds to be available in taxpayer bank accounts or on debit cards by March 2, 2026, if they chose direct deposit and there are no other issues with the tax return.
What is the PATH Act and How May it Impact Your Taxes?
Thursday
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Thursday
I am using TT Deluxe Do It Yourself web software for filing 2025 taxes. I am not allowed to proceed further when I enter foreign interest received from Indian Banks that do not have a FEIN. What are ...
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I am using TT Deluxe Do It Yourself web software for filing 2025 taxes. I am not allowed to proceed further when I enter foreign interest received from Indian Banks that do not have a FEIN. What are my next steps? Please advise.
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Thursday
No, you should not have received Form 1095-A. Form 1095-A reports information about health insurance form the Health Insurance Marketplace - aka Obamacare. Even if you were insurance was through He...
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No, you should not have received Form 1095-A. Form 1095-A reports information about health insurance form the Health Insurance Marketplace - aka Obamacare. Even if you were insurance was through Healthcare.gov, since you were on your parent's policy, the Form 1095-A they received would have included your information. Unless you provided more than 50% of your support you should be filing as a dependent, meaning you indicate that someone can claim you as a dependent.
Thursday
I don't know what happened but after classifying the asset as Sales and then changing to Casualty loss, I am getting 60K as taxable income. However now I am getting 60K income from form 4797 which sh...
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I don't know what happened but after classifying the asset as Sales and then changing to Casualty loss, I am getting 60K as taxable income. However now I am getting 60K income from form 4797 which shows in Form 1120S and additional 60K in 1120S in Schedule K. I am getting a total income of 120K plus actual income. Is Turbo Tax for business messed up? or am I dumb. I have spent hours on this issue now.
Thursday
Have you noticed that most people with this problem are either from NC, MI or CA?
Thursday
Thank you xmasbaby0. Now thats a response and answered my question exactly. This response will be beneficial for others to know. Very much appreciated.
Thursday
Please clarify what state and what form you are entering.
Thursday
Yes, Form 4797 shows as available for print and e-file. TurboTax Forms availability for Individuals
Thursday
You say, 'If you're using TurboTax Desktop, try clicking into other areas of the program and back to the entry, or open TurboTax in an incognito window to complete payment." I started my message ...
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You say, 'If you're using TurboTax Desktop, try clicking into other areas of the program and back to the entry, or open TurboTax in an incognito window to complete payment." I started my message that I was using the Desktop version and have clicked many other areas and come back to payment. Opening and closing program multiple times. It won't pass the 'snag' as they call it. Not helpful error. HOW do you "open an incognito windows" on Desktop version? Where's the hidden browser?