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April 7, 2025
7:32 PM
If I follow your recommation, I end up getting the same amount for cost basis and sale price, which results in zero capital gain/loss. This cannot be true as I am incurring a loss from this investmen...
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If I follow your recommation, I end up getting the same amount for cost basis and sale price, which results in zero capital gain/loss. This cannot be true as I am incurring a loss from this investment.
April 7, 2025
7:32 PM
You can enter that amount under the estimated payments as an additional payment.
April 7, 2025
7:31 PM
If you're using TurboTax Online and you already Efiled, when you Sign In you should see a summary page.
Click on the big blue link 'Download Return'. In the right-side you'll 'Downloads' Clic...
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If you're using TurboTax Online and you already Efiled, when you Sign In you should see a summary page.
Click on the big blue link 'Download Return'. In the right-side you'll 'Downloads' Click on 'Open File' and when the PDF window opens, you'll see your return. Save this PDF file for your records, or to print later.
Or, scroll all the way down the page and click on 'Add a State'. This will get you back into your return where you can go to the Print Center under Tax Tools > Tools in the left-side menu.
@ellencallaway
April 7, 2025
7:30 PM
Unfortunately, we experience the same CA Form 3805Q error in 2025. Would anyone share how to resolve this issue?
April 7, 2025
7:29 PM
You can definitely get started on your 2023 taxes, but there are a few things to keep in mind if using TurboTax
Filing 2023 Taxes with TurboTax:
TurboTax Online: The current online version of ...
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You can definitely get started on your 2023 taxes, but there are a few things to keep in mind if using TurboTax
Filing 2023 Taxes with TurboTax:
TurboTax Online: The current online version of TurboTax is for the 2024 tax year. To file your 2023 taxes, you'll need to use the desktop version. You can purchase and download the 2023 TurboTax software from TurboTax's past years' products.
Reach back out if you meant something else.
April 7, 2025
7:28 PM
Yes, per IRS Publication 502, you can deduct Medicare Part D if you itemize your deductions. Also see this TurboTax Help Article: How does the standard deduction differ from itemizing deductions?...
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Yes, per IRS Publication 502, you can deduct Medicare Part D if you itemize your deductions. Also see this TurboTax Help Article: How does the standard deduction differ from itemizing deductions?
April 7, 2025
7:27 PM
1 Cheer
I am still experiencing this issue. Even when I select "continue" and then return, the top box related to discounted loans still appears checked and cannot be unchecked. I am able to click the "No...
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I am still experiencing this issue. Even when I select "continue" and then return, the top box related to discounted loans still appears checked and cannot be unchecked. I am able to click the "None of the above" box, but the discounted loans box remains checked (which should be impossible in well-written software).
April 7, 2025
7:27 PM
The RMD for a single IRA was taken as it is every year. All the correct boxes checked but this year it’s still showing a penalty. Taxable income is zero so it has nothing to do with that. What is the...
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The RMD for a single IRA was taken as it is every year. All the correct boxes checked but this year it’s still showing a penalty. Taxable income is zero so it has nothing to do with that. What is the fix to work around this issue? I have used TT for years and never had this issue.
Topics:
April 7, 2025
7:26 PM
It is very annoying that TT doesn't tell you that the State is having $0 due for third quarter estimated taxes. Why can't TT just say "if you notice CA State 540 ES 3 is missing, this is normal, Cali...
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It is very annoying that TT doesn't tell you that the State is having $0 due for third quarter estimated taxes. Why can't TT just say "if you notice CA State 540 ES 3 is missing, this is normal, California does not want a third quarter estimated tax payment. Simply follow the dates that are indicated on the vouchers on your CA state return." THIS WOULD HAVE MADE MY LIFE EASIER!!!
April 7, 2025
7:25 PM
1 Cheer
No, you should be able to go back through the state return once you finish all the others. Just be sure to verify that they are all getting picked up and you are getting the proper credit. Otherwise,...
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No, you should be able to go back through the state return once you finish all the others. Just be sure to verify that they are all getting picked up and you are getting the proper credit. Otherwise, yes, start over. Usually going through it again will pick things up.
April 7, 2025
7:25 PM
What version of TurboTax are you using and what are you trying to do? @deboe11 - This thread is a few years old - If you want to start a new thread, click here.
April 7, 2025
7:24 PM
Are you sure it is not because your deduction is limited? If the sum of the average balance on your first and second home is over $750K, the amount of deductible interest is limited. Please provide t...
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Are you sure it is not because your deduction is limited? If the sum of the average balance on your first and second home is over $750K, the amount of deductible interest is limited. Please provide the average balance and interest paid for both mortgages so we can determine if this is the issue.
April 7, 2025
7:24 PM
April 7, 2025
7:23 PM
What is the minimum income before owing CA state income taxes?
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April 7, 2025
7:23 PM
Topics:
April 7, 2025
7:23 PM
You may need to enter your dividends manually if your import did not bring them over correctly. You can make a one-line entry for the totals, if you more than one 1099-DIV.
After choosing 'Add...
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You may need to enter your dividends manually if your import did not bring them over correctly. You can make a one-line entry for the totals, if you more than one 1099-DIV.
After choosing 'Add Investments' at the bottom of the investment section, choose 'Skip Import', then click on the 'Dividends' icon and Continue. The next page you'll enter your dividend info.
@sheryljo
April 7, 2025
7:23 PM
Hi, I received two refunds in 2023 from CA state -- one for 2023 taxes and second for amended 2022 taxes. When I am filing in the turbotax, I was being taxes on this refund. I don't understand why ...
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Hi, I received two refunds in 2023 from CA state -- one for 2023 taxes and second for amended 2022 taxes. When I am filing in the turbotax, I was being taxes on this refund. I don't understand why I am being taxed on a refund? I never remember paying taxes on refund. Has something changed in the turbotax software?
Topics:
April 7, 2025
7:22 PM
April 7, 2025
7:22 PM
The IRS and State of Maryland process returns on different schedules. Pending status means that your return has been sent to Maryland but they have not accepted it yet.
You can continue to c...
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The IRS and State of Maryland process returns on different schedules. Pending status means that your return has been sent to Maryland but they have not accepted it yet.
You can continue to check the status of your returns here: TurboTax Tools: Where's my Refund?
Once your Maryland return is accepted, you can also track your refund status here: Where's my Maryland Refund?