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April 8, 2025
1:48 AM
I’d-04936005
April 8, 2025
1:44 AM
Hi, I am a research scholar on a J1 visa. I had assumed I am considered non-resident for tax purposes through the 2 year tax examption. But I am wondering how is that calculated to determine if I sh...
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Hi, I am a research scholar on a J1 visa. I had assumed I am considered non-resident for tax purposes through the 2 year tax examption. But I am wondering how is that calculated to determine if I should file with TurboTax or Sprintax (if I am indeed nonresident). When calculating the tax exemption status the dates used are the visa start date or the US entry date? My J1 visa (Research Scholar) started in January 1 2024 but I entered the US during the grace period (December 26 2023). I was also on J1 research scholar status in 2018. Sprintax calculates that 2018 and 2023 are tax exempt years even though my visa and programme started at 2024 and I was only in the US for 5 days before my program started. Is that correct? Any help appreciated, thank you.
April 8, 2025
1:30 AM
My spouse is a nonresident foreign national with no ITIN nor US filing obligation of her own. If I'm uncertain whether or not we'll be applying for her ITIN when filing, how should I fill extension F...
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My spouse is a nonresident foreign national with no ITIN nor US filing obligation of her own. If I'm uncertain whether or not we'll be applying for her ITIN when filing, how should I fill extension Form 4868 box 3 "Spouse SSN/ITIN"? [blank] NRA (for nonresident alien; read anecdotally but couldn't find direct IRS source for this) ITIN TO BE REQUESTED (even if not sure we'd request it) __ We are not ready to decide if I MFS alone or we MFJ together via a 6013g election (treating her as a tax resident). Still seeking a solid international tax pro to advise us on long term implications. She will have an SSN eventually when she's issued a green card, which wouldn't happen before the extension filing deadline in October. Side note: even if I end up filing MFS, we might still try to amend that to MFJ once she's issued an SSN (and before the 2024 amendment deadline of April 2028)...rather than going through the ITIN process. One tax pro mentioned this could be an easier strategy at the cost of us loaning the government the refund we'd otherwise get if obtaining an ITIN for her now. Thanks in advance!
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April 8, 2025
1:23 AM
In 2021 my spouse and I made excess ROTH IRA contributions of $4000. The excess contributions were withdrawn by the tax filing deadline, along with the earnings ($486) on those excess contributions....
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In 2021 my spouse and I made excess ROTH IRA contributions of $4000. The excess contributions were withdrawn by the tax filing deadline, along with the earnings ($486) on those excess contributions. The earnings were reported as income for 2021. In 2022 we made excess ROTH IRA contributions of $1000. The excess contributions (minus a loss of $244) were withdrawn by the tax filing deadline (a total of $756 withdrawn), so there were no taxable earnings. There was no penalty because the excess contributions were withdrawn by the filing deadline. In 2023, no ROTH IRA contributions were made, and there were no issues or additional tax regarding ROTH IRA contributions for previous years. In 2024, TurboTax asks if we made excess ROTH IRA contributions for 2024 (no, we did not). Then we are asked if we opened any ROTH IRAs in 2023 or any previous year (yes, we did). Then we are asked to enter excess contributions for previous years, and given a reminder that “excess contributions should be withdrawn to avoid additional taxes”. If I truthfully enter $5000 (excess contributions for 2021 and 2022), TurboTax generates Form 5329 that shows a 6% additional tax ($300). Since we withdrew excess ROTH IRA contributions by the tax filing deadlines and reported the earnings as income previously, how do we answer the excess ROTH IRA contributions for previous years question so that we are not assessed the additional 6% tax? If we state that excess contributions for previous years is $0, Form 5329 is not generated and no additional tax is shown, but we don’t know if this is correct, and wonder if doing that would be an error. Thanks so much! Any help here is greatly appreciated.
April 8, 2025
1:16 AM
Can i claim the loss if it is checked?
April 8, 2025
1:15 AM
I got a "snag" message when I tried to pay with my credit card. I tried updating and reinstalling, but that didn't work. I also tried installing it on other machines (Windows and Mac), but I couldn...
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I got a "snag" message when I tried to pay with my credit card. I tried updating and reinstalling, but that didn't work. I also tried installing it on other machines (Windows and Mac), but I couldn't due to a license issue (Error code: 605). I purchased it from https://intuitmall.mybigcommerce.com/ and have only installed it on one machine.
April 8, 2025
1:14 AM
I called and they said it's just taking longer but no real reason already got state just waiting on federal
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April 8, 2025
1:09 AM
So does that mean we can't carryover federal capital losses to Montana taxes even though they have a transition option for it? And if we are how do we allocate it between spouses if the return is mar...
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So does that mean we can't carryover federal capital losses to Montana taxes even though they have a transition option for it? And if we are how do we allocate it between spouses if the return is married, filing jointly? Mallory
April 8, 2025
1:08 AM
got standard intuit turbotax at cosco , error 606 comes up, what is the fix
April 8, 2025
1:03 AM
@ontaxca wrote: I totally agree with you. In Feb 2025, I had bought a 2024 TurboTax online from eBay (no CD) and started doing my 2024 tax return in March. But suddenly, my laptop (running on W...
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@ontaxca wrote: I totally agree with you. In Feb 2025, I had bought a 2024 TurboTax online from eBay (no CD) and started doing my 2024 tax return in March. But suddenly, my laptop (running on Windows 10) died and I was not able to logon to my computer at all. Went to Canada Computers for help, but the laptop could not be fixed without replacing it with a new hard drive. So I bought a new laptop with Windows 11 and tried to download TurboTax onto the new computer with the same code given to me before, but it wouldn't work because this new laptop does not have the same serial number as the old laptop. Yesterday, I bought a new copy of 2024 TurboTax Standard from Costco for $42 which is $2 cheaper than Walmart. But this new TurboTax does not contain a CD. I'm so disappointed. TurboTax Standard is a Canadian TurboTax product. This is the USA community forum. Did you mean to post here in this thread in the USA community forum? If not, here's the Canadian TurboTax community forum: https://turbotax.community.intuit.ca/community/turbotax-support/help/03/en-ca
April 8, 2025
12:55 AM
I totally agree with you. In Feb 2025, I had bought a 2024 TurboTax online from eBay (no CD) and started doing my 2024 tax return in March. But suddenly, my laptop (running on Windows 10) died and ...
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I totally agree with you. In Feb 2025, I had bought a 2024 TurboTax online from eBay (no CD) and started doing my 2024 tax return in March. But suddenly, my laptop (running on Windows 10) died and I was not able to logon to my computer at all. Went to Canada Computers for help, but the laptop could not be fixed without replacing it with a new hard drive. So I bought a new laptop with Windows 11 and tried to download TurboTax onto the new computer with the same code given to me before, but it wouldn't work because this new laptop does not have the same serial number as the old laptop. Yesterday, I bought a new copy of 2024 TurboTax Standard from Costco for $42 which is $2 cheaper than Walmart. But this new TurboTax does not contain a CD. I'm so disappointed.
April 8, 2025
12:49 AM
1 Cheer
It sounds like you purchased the retail version of the federal and state together. If so, then the federal return is e-filed for free but to e-file the state return there is a $25 filing fee. But you...
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It sounds like you purchased the retail version of the federal and state together. If so, then the federal return is e-filed for free but to e-file the state return there is a $25 filing fee. But you can print the state return and mail it in for only the postage cost.
April 8, 2025
12:40 AM
I feel like 2023 preowned EV will not get tax credit if bought in 2024 but i do see it get credited in Turbotax, is it a miscalculation from turbotax? please give me suggestion, i like the credit but...
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I feel like 2023 preowned EV will not get tax credit if bought in 2024 but i do see it get credited in Turbotax, is it a miscalculation from turbotax? please give me suggestion, i like the credit but i feel like it may not qualify.
April 8, 2025
12:40 AM
did you import the K-1 info? if so, it might be corrupted. You'll need to remove the imported data through the file tab and enter it manually.
April 8, 2025
12:40 AM
@Mike9241 How much is the electric vehicle credit? Does it have to be a brand new vehicle?
April 8, 2025
12:40 AM
April 8, 2025
12:37 AM
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April 8, 2025
12:36 AM
check the IRS or state website for the status of your refund. While the IRS says the average is 21 days, the range can be from a few days to many months.
April 8, 2025
12:35 AM
will i still receive DD if PA state adjust my refund? ( for prev tax debt)
April 8, 2025
12:33 AM
if it's a qualified EV vehicle, there would be a tax credit. Otherwise, as a personal use vehicle, there is no deduction for the loan interest. If you itemize and take the sales tax deduction instead...
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if it's a qualified EV vehicle, there would be a tax credit. Otherwise, as a personal use vehicle, there is no deduction for the loan interest. If you itemize and take the sales tax deduction instead of the state income tax deduction, the sales tax would be in addition to other sales taxes paid during the year. Whether it helps depends. There's an overall limit of deductible taxes on schedule A of $10,000