All Posts

In TurboTax Online, compute the estimated tax payments as follows:    Down the left side of the screen, click on Federal. Down the left side of the screen, click on Other tax situations. Click the down arrow to the right of Other Tax Forms. Click to the right of EW-4 and Estimated Taxes.

This will happen if there's a discrepancy between the name and number on your Social Security card and your tax return. I suggest you follow these steps: Log into TurboTax Click on Personal Info (you may have to press the arrow on the right) [Review/Edit] On the left sidebar select My Info Press the arrow to the right of your name Click [Revisit] Confirm your name matches the Social Security Card [Continue] Your address will be shown [Continue] Confirm your Social Security Number [Continue] Complete the interview to the end. If your name and Social Security number match your Social Security card, you will have to mail your tax return.  You will likely get an IRS tax notice requesting additional information to confirm your identity.  Just as a note: If you have filed a joint return for a number of years, and you switch your name on the return with the spouses, it may cause this error.  

Because her husband was alive for part of the year, she is considered Married for the entire 2025 tax year for federal and state filing purposes.  She will indicate that her spouse passed away during 2025.   Your mother-in-law is a Full-Year Resident of MA, and your father-in-law is a Non-Resident of MA.  Since they filed a joint federal return, Massachusetts law generally requires them to file a joint Massachusetts return as well, unless one spouse had $8,000 or less in MA income.  You will be able to allocate his Connecticut income so that it is not taxed by Massachusetts.   Connecticut requires spouses with different residency statuses to file Married Filing Separately (MFS) for the state return, even if they filed jointly for federal.  To prepare this return, see How do I prepare a joint federal return and separate state ...

In the online version, you have the option to downgrade. Log into TurboTax. Click My Home (Top left) Select Personal Info and Continue This will bring up a full menu on the Left side.. On that left menu,  Scroll down to Switch Products Click the down arrow You can  Upgrade Downgrade or Clear and start over. Select what you want to do.

If you itemized deductions on your Federal return, Missouri includes those Federal itemized deductions as itemized deductions for Missouri as well.  However, Missouri calculates a tax on your total taxable income (gross income minus deductions) and then calculates a ratio of your Missouri income to your total income and multiplies the tax on the total income by that ratio to get taxable income for Missouri.   As an example, let's say your Federal AGI was $70,000 and you had $20,000 of itemized deductions, including the $5000 gambling loss deduction against the $5000 gambling win.  Your Federal taxable income is $50,000.   Missouri will start their return with the $70,000 Federal AGI and then subtract Missouri itemized deductions, which are $21,000.  The taxable income will be $49,000, and let's say the tax on that is $2,500.  Since you only have Missouri income of $5,000, the tax will be $2,500*(5000/49000) = $255.   If you were a Missouri resident, then your gambling winnings would have offset your gambling losses dollar for dollar (just like on your Federal tax return).  As a Missouri non-resident you are technically getting the Federal deduction for gambling losses, however, it does not directly offset the gambling winnings dollar for dollar and you will have to pay some income tax on those winnings.

WOW! I thought I had to report it - Thank you so much! So I leave all of the tuition and room and board expenses under the deduction section but I can delete the 1099Q from the income section - thank you so much!  

Form 1099-MISC, Box 3 "Other Income" is generally not considered earned income and is typically not subject to self-employment tax. Instead it is reserved for items such as rents, royalties, prizes and awards and is reported as "Other Income" on schedule 1 of Form 1040.   However, If the 1099-MISC is attributable to your trade or business, it must be reported on a business return, such as Schedule C or Schedule F. If that business activity results in a net profit, that net profit is considered earned income. 

Why?.  TT has false advertising on the package for TT Premier Tax Software.  The column for "Calculates fair market value and deducts charitable donations" is boldly checked for TT Premier and not for Deluxe.  This brings up the question of credibility of TT for me.  Is my financial information safe with Intuit Turbo Tax?

What PIN number you are mention?   There's two different types of PIN numbers. The IRS issued IP PIN (Identity-Theft Protection PIN number) which is 6 Digit PIN issued every year by the IRS in order for you to file electronically, and the Signature PIN number. The signature PIN number is a 5-Digit number used as a signature.  If your Tax return was rejected due to a missing IP PIN, you should have received a letter from the IRS with the 6-digits number, or you can create an account on the IRS website to retrieve it.  Get an identity protection PIN (IP PIN)   To enter the IP PIN From your TurboTax main screen locate Uncommon Situations.  Select the sub-topic "Identity Protection PIN," and click Start.   If you ‌mention the TurboTax PIN, you can't get it back. Instead, use your last year Adjusted Gross Income (AGI) to verify your identity.   Open the link below to see how to get your last year's AGI How do I find last year's AGI?  

To generate Form 3568 in your California state return, go to State >> General Info. Work through the interview until you see the question "Do you have a dependent you didn't claim on your federal return?" Answer yes to this question and follow the interview to provide the necessary information. Be sure to check the box for "was not eligible for an SSN or ITIN" and choose the correct county of residency.