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7 hours ago
I have called the GA IRS, fixed the error in my file what is one teacher credit didn't get approved by GA state.
7 hours ago
Is this for state? If so, which state? If you do not own any business, then you may be able to delete the form that is asking you for the pass through entity tax. But, it depends on which state an...
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Is this for state? If so, which state? If you do not own any business, then you may be able to delete the form that is asking you for the pass through entity tax. But, it depends on which state and which form. Please provide as much detail as you can. It sounds like a question may have been answered yes instead of no.
7 hours ago
if you put a wrong SSN and try to fix it, the Turbo Tax wouldn't update your fix to your current tax return files. You have to file a new tax return files in the Turbo Tax PC version of 2025. I ...
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if you put a wrong SSN and try to fix it, the Turbo Tax wouldn't update your fix to your current tax return files. You have to file a new tax return files in the Turbo Tax PC version of 2025. I am using the Home and Business Product of Turbo Tax 2025.
7 hours ago
How much tax will I have to pay on a property I sold last week?
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8 hours ago
I appreciate your replies and information. Thank you. I have one last question, a family member with a similar but slightly different situation. They need to report all 1099–Q distributions as non-ed...
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I appreciate your replies and information. Thank you. I have one last question, a family member with a similar but slightly different situation. They need to report all 1099–Q distributions as non-educational. Their child no longer lives at home, is not claimed as their dependent, has not been a student for over two years and therefore does not have a 1098–T. With the glitch with 529’s in TurboTax, how would they go about reporting the full distribution so that they can properly pay taxes on that amount? (They are using the online version only for the first time). I just want to be sure I’m sharing the correct information with them for filing.
8 hours ago
@sureshbk After you completed entry of the SSA-1099 for the Social Security benefits received in 2025, there was a following screen asking you if you lived in any of the foreign countries listed. If...
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@sureshbk After you completed entry of the SSA-1099 for the Social Security benefits received in 2025, there was a following screen asking you if you lived in any of the foreign countries listed. If you selected Yes or skipped over this screen, the TurboTax program would not have calculated any taxes on your Social Security benefits entered on the Form 1040 Line 6a. Resulting in a 0 being entered on Form 1040 Line 6b.
8 hours ago
For most working interest oil producers, you would multiply your gross income by 15% to determine your percentage depletion.
More info from the OnDemand Tax Guidance within TurboTax:
Perc...
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For most working interest oil producers, you would multiply your gross income by 15% to determine your percentage depletion.
More info from the OnDemand Tax Guidance within TurboTax:
Percentage Depletion Is calculated by taking a certain percentage, based upon the type of mineral, by your gross income from the mineral property during the year. Gross income includes the amount received for the minerals but not amounts paid for rents and royalties for the property. The deduction using this method cannot be more than 50% of your taxable income from the property without taking into account the depletion deduction. Percentage depletion generally does not apply to oil and gas wells.
Small Producers Exemption:
Generally, small oil and gas producers and royalty owners can use percentage depletion at a rate of 15%. The deduction is limited to the lessor of your taxable income from the property without regard to the deduction for depletion, or 65% of your taxable income from all sources without regard to the deduction for depletion.
Depending on the purpose of the extraction, the depletion rate may be different, in a range from 7% to 22% (see 26 U.S. Code § 613 - Percentage depletion for a complete list).
8 hours ago
I would like to take a deeper look at this. However, I need a diagnostic file which is a copy of your tax return that has all of your personal information removed. You can send one to us by following...
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I would like to take a deeper look at this. However, I need a diagnostic file which is a copy of your tax return that has all of your personal information removed. You can send one to us by following the directions below:
TurboTax Online:
Sign into your online account.
Locate the Tax Tools on the left-hand side of the screen.
A drop-down will appear. Select Tools
On the pop-up screen, click on “Share my file with agent.”
This will generate a message that a diagnostic file gets sanitized and transmitted to us.
Please provide the Token Number that was generated in the response.
TurboTax Desktop/Download Versions:
Open your return.
Click the Online tab in the black bar across the top of TurboTax and select “Send Tax File to Agent” *
This will generate a message that a diagnostic copy will be created. Click on OK and the tax file will be sanitized and transmitted to us.
Please provide the Token Number (including the dash) that was generated in the response.
*(If using a MAC, go to the menu at the top of the screen, select Help, then, “Send Tax File to Agent”)
8 hours ago
Please provide more details? What is the erroneous number? What should the number be? What do you see wrong with it?
If it is medical expenses, remember they are only deductible for the amou...
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Please provide more details? What is the erroneous number? What should the number be? What do you see wrong with it?
If it is medical expenses, remember they are only deductible for the amount that is over 7.5% of your AGI.
8 hours ago
Token: 75745339-22178636
On my South Carolina tax form there seems to be an error on how line 31is calculated. Turbo Tax reported I owe $420. The state reviewed my taxes and stated I owe $32...
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Token: 75745339-22178636
On my South Carolina tax form there seems to be an error on how line 31is calculated. Turbo Tax reported I owe $420. The state reviewed my taxes and stated I owe $320. So I will be getting a $100 refund.
8 hours ago
Willmaker was only around 39 dollars I remember.
Topics:
8 hours ago
Did you receive a rejection letter? In most cases, these include a rejection code that helps determine what needs to be fixed.
Otherwise, check this tax year 2025 post for possible fixes to Fo...
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Did you receive a rejection letter? In most cases, these include a rejection code that helps determine what needs to be fixed.
Otherwise, check this tax year 2025 post for possible fixes to Form 5695: Fed and State filing rejected due to form 5695
The best option is to review all your answers to the interview questions for the Residential Energy Credit (if you're logged into TurboTax Online, use this link to Go To Form 5695).
8 hours ago
https://thefinancebuff.com/social-security-taxable-calculator.html Take a look at this calculator. Social Security will be taxes between 50% to 85%. We cannot take that as 0 taxable income. T...
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https://thefinancebuff.com/social-security-taxable-calculator.html Take a look at this calculator. Social Security will be taxes between 50% to 85%. We cannot take that as 0 taxable income. This is were the turbo tax failed to calculation properly.
8 hours ago
In response to question, I entered as NO. I live in USA. That was a news to me. If you are a US Citizen and live in another country, you don't have to pay tax on social Security? Are you sure? ...
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In response to question, I entered as NO. I live in USA. That was a news to me. If you are a US Citizen and live in another country, you don't have to pay tax on social Security? Are you sure? https://thefinancebuff.com/social-security-taxable-calculator.html This gives a needed help to understand the SSI tax after talking into account the Standard Deduction + 12000 Senior (recent bill passed which will be valid till 2028). It also takes into account the Capital Gains income + Interest income from investments. This is were TurboTax did not do a good job.
8 hours ago
Was this issue resolved?
If not, I would like to take a deeper look at this. However, I need a diagnostic file which is a copy of your tax return that has all of your personal information rem...
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Was this issue resolved?
If not, I would like to take a deeper look at this. However, I need a diagnostic file which is a copy of your tax return that has all of your personal information removed. You can send one to us by following the directions below:
TurboTax Online:
Sign into your online account.
Locate the Tax Tools on the left-hand side of the screen.
A drop-down will appear. Select Tools
On the pop-up screen, click on “Share my file with agent.”
This will generate a message that a diagnostic file gets sanitized and transmitted to us.
Please provide the Token Number that was generated in the response.
TurboTax Desktop/Download Versions:
Open your return.
Click the Online tab in the black bar across the top of TurboTax and select “Send Tax File to Agent” *
This will generate a message that a diagnostic copy will be created. Click on OK and the tax file will be sanitized and transmitted to us.
Please provide the Token Number (including the dash) that was generated in the response.
*(If using a MAC, go to the menu at the top of the screen, select Help, then, “Send Tax File to Agent”)
@smontalban001
8 hours ago
Anyone not get their state taxes?
Topics:
8 hours ago
I filed my taxes again with you this year. My initial return was rejected due to an SSN error but I had already submitted my payment info at the point of submit. When I received the rejection text,...
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I filed my taxes again with you this year. My initial return was rejected due to an SSN error but I had already submitted my payment info at the point of submit. When I received the rejection text, I refiled after correcting and clicked the payment link. The page redirected to the irs page, once there I saw the suggestion to earn points using my cc so decided to pay with that method. Six days later, I receive a notice from my bank that I had a large payment go to the irs from my bank account i- the initial payment from the rejected return!!! I called the irs and spun forn45 mins accomplishing nothing. Called TT and the agent was helpful but agreed this is a glitch that shouldn’t happen. He refunded my $300, but what about the $15k I have to now ‘wait for the IRS realize I double paid and I’ll get a refund in 4-6 weeks’ !!! What the actual F is my question TurboTax? How did you reject my return, have me fix it but never reject the original payment or even indicate I had a pending payment? Further to that, how can I go to my Home Screen now and STILL make another payment once two have been made?? Own the errors in your software and have a fund set up to help clients get made whole after your negligence and crap programming! Please respond with something other than I’m sorry we will look into it.
8 hours ago
Only you have access to your tax return.
If you have filed your tax return the Filing Instructions page will show how you chose to pay the taxes owed.
To access your current or prior ye...
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Only you have access to your tax return.
If you have filed your tax return the Filing Instructions page will show how you chose to pay the taxes owed.
To access your current or prior year online tax returns sign onto the TurboTax website with the User ID you used to create the account - https://myturbotax.intuit.com/
When you sign onto your online account and land on the Tax Home web page, scroll down and click on Add a state.
This will take you back to the 2025 online tax return.
Click on Tax Tools on the left side of the online program screen. Then click on Print Center. Then click on Print, save or preview this year's return. Choose the option Include government and TurboTax worksheets
If you used the desktop CD/Download editions installed on your computer, the only copy of your tax data file and any PDF's will be on the computer where the return was created. TurboTax does not store online any returns completed using the desktop editions.
8 hours ago
Be sure you allowed TurboTax Desktop to update, including the California state module, as California Form 568 in all versions of TurboTax is ready for filing by mail (TurboTax Online updates automati...
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Be sure you allowed TurboTax Desktop to update, including the California state module, as California Form 568 in all versions of TurboTax is ready for filing by mail (TurboTax Online updates automatically). Also, the current PDF of Form 568 available from the California Franchise Tax Board (FTB) is not marked and can be printed for mailing.
However, CA LLCs are required to e-file this document in most cases, although there are exceptions. If the box at the bottom of Form 568 is checked, you will need to print, sign, and mail the form. You'll also need to get a waiver from the e-filing requirement: California business entity e-file waiver request.
If this is the first year to file Form 568 for your SMLLC, be sure to check the box on Form 568 Line H for "Initial Return" and the box under Line 2 for "First Year Exemption Smart Worksheet." These answers will exempt you from the franchise tax this year.
You can read more about filing Form 568 here:
Should I file California Form 568 LLC return of income?
CA Instructions for Form 568