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yesterday
I have finished my tax return. how do I start my son's tax return
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yesterday
e-file rejected because payment is not on or before due date
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yesterday
To get your Submission ID (SID) you have to call TurboTax support.
yesterday
You need TurboTax Desktop to file a prior year return. How do I finish a prior-year return that I started in TurboTax Online?
yesterday
How do I file an extension in Maryland?
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yesterday
This North Carolina Department of Revenue website states:
Specifically, for taxable years beginning on or after January 1, 2021, North Carolina allows a deduction for the following payments rec...
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This North Carolina Department of Revenue website states:
Specifically, for taxable years beginning on or after January 1, 2021, North Carolina allows a deduction for the following payments received during the taxable year from the United States government:
a. Retirement pay for service in the Armed Forces of the United States to a retired member that meets either of the following:
1. Served at least 20 years.
2. Medically retired under 10 U.S.C. Chapter 61. This deduction does not apply to severance pay received by a member due to separation from the member's armed forces.
b. Payments of a Plan defined in 10 U.S.C. § 1447 to a beneficiary of a retired member who is eligible to deduct retirement pay under N.C. Gen. Stat. § 105-153.5(b)(5a)(a).
In TurboTax, in the North Carolina state income tax return, at the screen Retirement benefits received by a member of the US Uniformed Services, enter the deduction.
yesterday
Do you need to file a 2024 return? Sorry, Online is only for 2025 now. Online for 2024 and prior is closed now so you can not start a new 2024 or prior return or finish one. You have to do each year...
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Do you need to file a 2024 return? Sorry, Online is only for 2025 now. Online for 2024 and prior is closed now so you can not start a new 2024 or prior return or finish one. You have to do each year separately How to prepare a prior year return https://ttlc.intuit.com/community/using-turbotax/help/how-do-i-prepare-a-prior-year-tax-return/00/25984 To do a prior year return you have to buy the Desktop program here, https://turbotax.intuit.com/personal-taxes/past-years-products You will need Windows 10 or Mac Ventura 13 to install it on. If you can't install the Desktop program or if you have a simple return and want to file for free, you can fill out the blank IRS forms by hand. Here are some basic forms….. Here is the IRS 2024 Form 1040 https://www.irs.gov/pub/irs-prior/f1040--2024.pdf OR if you want bigger type use 1040SR for Seniors, https://www.irs.gov/pub/irs-prior/f1040s--2024.pdf And 2024 Instructions https://www.irs.gov/pub/irs-prior/i1040gi--2024.pdf Sch 1 : https://www.irs.gov/pub/irs-prior/f1040s1--2024.pdf Sch 2 : https://www.irs.gov/pub/irs-prior/f1040s2--2024.pdf Sch 3 : https://www.irs.gov/pub/irs-prior/f1040s3--2024.pdf Then when you do file 2025 enter 0 for the 2024 AGI since you are filing 2024 late. You have to print and mail prior year returns. When you mail a tax return, you need to attach any documents showing tax withheld, such as your W-2’s or any 1099’s. Use a mailing service that will track it, such as UPS or certified mail so you will know the IRS received the return. Don’t forget state.
yesterday
You can switch from standard mileage to actual expenses, but you must use straight-line depreciation over the remaining useful life of the car.
When switching, you cannot use accelerated deprecia...
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You can switch from standard mileage to actual expenses, but you must use straight-line depreciation over the remaining useful life of the car.
When switching, you cannot use accelerated depreciation (MACRS) in the first year of the switch; you must use straight-line depreciation.
When TurboTax asks for the convention, it is figuring how many months of depreciation you can claim for the year the asset was placed in service
The Half-Year Convention applies if the vehicle was placed in service at any time other than the last quarter of the tax year.
The Mid-Quarter Convention applies if if more than 40% of the total cost of all business property acquired during the year is placed in service during the last 3 months of the tax year.
If the vehicle was placed in service during the year, and this was your first time listing it in the actual expense section, TurboTax forces a choice. If you purchased it in the last 3 months, you must use the Mid-Quarter Convention.
If you switched to actual expenses, you are required to use that method for the rest of the car's life. And when you sell your vehicle later, you may have to pay depreciation recapture taxes on the depreciation you claimed.
If you are looking for simpler and consistent deductions, staying with the Standard Mileage Rate is often better.
Please return to Community if you have any additional information or questions and we would be happy to help.
yesterday
It says I need to enter correct school code but doesn’t work
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yesterday
TurboTax automatically applies Head of Household "HOH" if you have a qualifying dependent and pay more than half of the cost of your home upkeep.
To add HOH, in the My Info section, after ente...
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TurboTax automatically applies Head of Household "HOH" if you have a qualifying dependent and pay more than half of the cost of your home upkeep.
To add HOH, in the My Info section, after entering your dependent info, during the interview, indicate that Yes, you did pay more than half of the cost to keep up your home in 2025.
Here is some more information you may find helpful: Guide to Filing Taxes as Head of Household
If you need extra time, filing an extension by April 15, 2026, moves your submission deadline to October 15. But remember any taxes owed are still due in full by the original April 15 date.
yesterday
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yesterday
Do you have a qualifying child or Dependent? If you entered a dependent it would have automatically switched you to Head of Household if you qualify. Go back to My Info and check all your answers for...
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Do you have a qualifying child or Dependent? If you entered a dependent it would have automatically switched you to Head of Household if you qualify. Go back to My Info and check all your answers for your dependent. You need to be Single or file as Married filing Separate and have a qualifying dependent. If you are married you need to live apart from your spouse for the last 6 months of the year. Do you qualify for Head of Household? https://ttlc.intuit.com/community/family/help/do-i-qualify-for-head-of-household/00/25539 Who is a qualifying person for Head of Household? https://ttlc.intuit.com/community/family/help/what-is-a-qualifying-person-for-head-of-household/00/26624
yesterday
The help function is providing incorrect information regarding whether Arizona provides a state income tax deduction for 529 plan contributions. No matter how the question is phrased it states: "Ariz...
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The help function is providing incorrect information regarding whether Arizona provides a state income tax deduction for 529 plan contributions. No matter how the question is phrased it states: "Arizona does not provide a state income tax deduction or credit for contributions made to 529 plans. Contributions to 529 education savings plans are not deductible on your Arizona state return, although the earnings grow tax-free federally when used for qualified educational expenses. Therefore, no direct state tax benefit applies for 529 plan contributions in Arizona. The primary tax advantage of 529 plans for Arizona residents is the federal tax treatment of earnings and qualified withdrawals, not a state deduction or credit." This is incorrect and may cause people to miss the deduction. Arizona provides an income tax deduction for contributions made to any state’s 529 plan up to a certain amount.
yesterday
Thanks for the update, I did file but i am sure i will need to amend it. This is a rental property not a vehicle asset. I did keep records of my prior depreciation the problem is that Turbo Tax seems...
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Thanks for the update, I did file but i am sure i will need to amend it. This is a rental property not a vehicle asset. I did keep records of my prior depreciation the problem is that Turbo Tax seems to be assuming that you have had the same amount of business use each year and is adjusting the depreciation to what that amount would total up to over the period of ownership. So no matter what i do it keeps readjusting it. What it should be doing is taking the prior depreciation and just adding the purchase price/27.5. and then reducing by the business use %.
yesterday
Will my payment be late? I can't pay twice.
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yesterday
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yesterday
What changed, what state? Are you sure you even need to file estimated taxes?