turbotax icon
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

All Posts

How can I see the date my 2022 turbo tax return was accepted by the IRS ?
If you have an extension of time to file, just pay what you owe, minus any penalty. You  won't be billed.   IRS uses your zipcode to determine the extension.   @redbullcaddy 
for security reasons and to mitigate fraud, the IRS does not permit changes to banking account information once the tax return is submitted.     You can update your banking information once you sub... See more...
for security reasons and to mitigate fraud, the IRS does not permit changes to banking account information once the tax return is submitted.     You can update your banking information once you submit your 2025 tax year tax return.    There is no $2,000 payment coming.  That is a Trump idea only. 
Did you have a tax due on your return that you didn’t pay?  Check the printout or PDF of your return; look for the state cover sheet with the Turbotax logo.  If you owed tax, it will show the payment... See more...
Did you have a tax due on your return that you didn’t pay?  Check the printout or PDF of your return; look for the state cover sheet with the Turbotax logo.  If you owed tax, it will show the payment information and how/when you decided to pay.  Read the state payment instructions carefully since most states cannot be paid from within the TT system and requires additional steps.   Your only proof of payment is your bank statement or credit card showing the payment coming out.  Turbo Tax only passes your bank account number to the IRS or state for them to take it out of your account.  (Most states do not let you pay by Direct Debit so you have to mail in a check or go directly to the state's website to pay).  And some banks use different routing numbers for deposits and payments.  Double check the number you entered with your bank.
@AmeliesUncle wrote: While your comment could be a factor, I think there is more to it than only that. I understand, but then you and I (I believe) are aware of how TurboTax can wildly mess up ... See more...
@AmeliesUncle wrote: While your comment could be a factor, I think there is more to it than only that. I understand, but then you and I (I believe) are aware of how TurboTax can wildly mess up the figures based on past input. For example, I recall a test return I did where the current year deduction would be way off and variable every single time past depreciation was changed. Crazy stuff.
@trostlechet did the letter specify the exact reason for the additional tax?    if the State have record of an income item that you did not post on your federal or state tax return, that could be t... See more...
@trostlechet did the letter specify the exact reason for the additional tax?    if the State have record of an income item that you did not post on your federal or state tax return, that could be the reason.  Hard to tell without additional detail.   Turbo Tax guarentees their software produces the right result; however, what they do no guarentee is that you entered the form without error.  If the form is not entered correctly, the output will also be incorrect - TT says "not my problem!". 
@M-MTax wrote: @AmeliesUncle    The wrong date (or time period) was used for 2024 depreciation. @_John__ stated that $7,487 was the depreciation deduction for 2024 for an asset that was placed ... See more...
@M-MTax wrote: @AmeliesUncle    The wrong date (or time period) was used for 2024 depreciation. @_John__ stated that $7,487 was the depreciation deduction for 2024 for an asset that was placed in service in August. The correct figure should be $9626 and that will affect deductions going forward.   Even if it was placed in service in August (although he said 3.5 months, which could mean it was placed in service in September), the less-than $2200 difference in the first year shouldn't account for the $1000-ish difference in depreciation for the following year.   I agree with you that an incorrect "prior depreciation" would incorrectly alter the current and future year depreciation, but the specific numbers in this case still would not make sense.  While your comment could be a factor, I think there is more to it than only that.
There is a specific place to enter jury duty pay in TurboTax. Go to Federal Taxes > Wages & Income. Scroll all the way down to Less Common Income and click the Start button for Jury Duty. The income ... See more...
There is a specific place to enter jury duty pay in TurboTax. Go to Federal Taxes > Wages & Income. Scroll all the way down to Less Common Income and click the Start button for Jury Duty. The income will be shown on Schedule 1 line 8h in your tax return.  
@AmeliesUncle    The wrong date (or time period) was used for 2024 depreciation. @_John__ stated that $7,487 was the depreciation deduction for 2024 for an asset that was placed in service in Augus... See more...
@AmeliesUncle    The wrong date (or time period) was used for 2024 depreciation. @_John__ stated that $7,487 was the depreciation deduction for 2024 for an asset that was placed in service in August. The correct figure should be $9626 and that will affect deductions going forward.
Duplicate question. Please post your question only once. If you want to add more information or post a follow-up question, add a reply to your original question. Do not post separate questions about ... See more...
Duplicate question. Please post your question only once. If you want to add more information or post a follow-up question, add a reply to your original question. Do not post separate questions about the same issue.  
I'm not sure what you mean by "fill out an IRA." If you are asking about entering a distribution from an IRA in TurboTax, you enter the name as it appears on the Form 1099-R that you get from the IRA... See more...
I'm not sure what you mean by "fill out an IRA." If you are asking about entering a distribution from an IRA in TurboTax, you enter the name as it appears on the Form 1099-R that you get from the IRA custodian. The custodian will send out the 1099-R in January after the end of the year in which you received the distribution.  
@user17638037803 - just curious, if you are a non-resident for the whole year, aren't you required to complete federal form 1040-NR which is not supported by Turbo Tax?  how could your federal forms ... See more...
@user17638037803 - just curious, if you are a non-resident for the whole year, aren't you required to complete federal form 1040-NR which is not supported by Turbo Tax?  how could your federal forms be correct in that instance? 
T-Mobile and FB - no - presumably you were overcharged for things that you purchased in the past so these payments are just a reduction in what you would have paid.  NOT TAXABLE   Jury Duty - yes, ... See more...
T-Mobile and FB - no - presumably you were overcharged for things that you purchased in the past so these payments are just a reduction in what you would have paid.  NOT TAXABLE   Jury Duty - yes, that is taxable income 
@user17638275602 - did you try using Forms View?     
If your parents maintained full control, authority and essentially treated it as they still owned the property, but merely changed the title to your name, at first glance it seems to be a "Life Estat... See more...
If your parents maintained full control, authority and essentially treated it as they still owned the property, but merely changed the title to your name, at first glance it seems to be a "Life Estate".   *IF* that is the case, you would receive the full Step-up in Basis.  
@masda2600 wrote:  I am back-and-forth from my primary residence to the new property which I am looking to move in permanent as a primary residence,so finally,      I agree with the other c... See more...
@masda2600 wrote:  I am back-and-forth from my primary residence to the new property which I am looking to move in permanent as a primary residence,so finally,      I agree with the other comments about your previous home, but it seems like your NEW property was NOT your Principal Residence for a while.  That would affect the Principal Residence exclusion for whenever you eventually sell your new property.
@gjgogol wrote: Keep in mind, these are not refundable credits, which means you can take the credit up to the tax owed.     The other answers are correct; TurboTax phrases it poorly.  When... See more...
@gjgogol wrote: Keep in mind, these are not refundable credits, which means you can take the credit up to the tax owed.     The other answers are correct; TurboTax phrases it poorly.  When it says "owed", it means the amount owed BEFORE withholding.
Are you saying that the property you sold in 2023 NEVER had depreciation?  If so, 2023 needs to be amended to include Form 3115 and to 'catch up' with the missed depreciation for that specific proper... See more...
Are you saying that the property you sold in 2023 NEVER had depreciation?  If so, 2023 needs to be amended to include Form 3115 and to 'catch up' with the missed depreciation for that specific property (not the other property).   As M-MTax said, for the 2022 property, you would file Form 3115 on your current year (2025) return to correct/start depreciation for that property.   I highly recommend using a good tax professional that is experienced with Form 3115 this year.  If you missed claiming depreciation, they may find some other errors that you made and be able to find and correct them, as well as possibly giving some tax advice for your specific situation.
If you go through the questions again, is there any chance you entered the wrong year or the wrong "prior depreciation?   Another possibility is that the current 2025 program is essentially still t... See more...
If you go through the questions again, is there any chance you entered the wrong year or the wrong "prior depreciation?   Another possibility is that the current 2025 program is essentially still the 2024 program, which could cause errors (which could possibly explain why it is using 26.5 years).  If I double checked that the information I entered was correct, I wouldn't give the wrong amount another thought until the mid-January update.
If you're banking on Win 10 for the long haul and not willing to buy a 3rd machine of upgrade the 2 you have, then it sounds like either need to get the VM solution working (some folks here have repo... See more...
If you're banking on Win 10 for the long haul and not willing to buy a 3rd machine of upgrade the 2 you have, then it sounds like either need to get the VM solution working (some folks here have reported this to be viable), or bite the bullet and switch to other s/w.   The "hack" to try and run it on Win 10 has been suggested but no one has posted here about getting it work, it's probably the worst option as you'd be invalidating support from Intuit but up to you.