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April 15, 2025
11:39 PM
Wow. This is the exact problem that I had this year too. I also made a mistake on my 2023 Form 8086. Line 4 was zero when it should have been $8000. I forgot to enter my contribution for 2023...
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Wow. This is the exact problem that I had this year too. I also made a mistake on my 2023 Form 8086. Line 4 was zero when it should have been $8000. I forgot to enter my contribution for 2023 that was made between 1/1/2024 and 4/15/2024. So I adjusted my basis for my traditional IRA in my 2024 return and added an explanation that this was due to an error in 2023 Form 8086. In the Turbotax Home & Business edition that I'm using, when you see the prompt asking you about the basis for your traditional IRA, there is an "Easy Guide to determine your basis" -- click on this and then make the adjustment. Once TT sees the adjustment, it will prompt you to "prepare and explanation" for the adjustment. Once I entered my new basis of $8000 (instead of zero), Line 4b went to zero and my Backdoor Roth conversion was no longer considered "taxable". Finally, done!!! Took a long time to find this thread and it was spot on. Thank you!
April 15, 2025
11:39 PM
The car was a total loss and the insurance company paid out the remainder of the loan. I am still in litigation for this accident. What should i put for the sales price as I dont want to take this as ...
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The car was a total loss and the insurance company paid out the remainder of the loan. I am still in litigation for this accident. What should i put for the sales price as I dont want to take this as a possible hit?
April 15, 2025
11:38 PM
In process of e-filing, TurboTax asks for 5 digit "signature" PIN. The IRS rejected my efile for lack of correct PIN? I tried to confirm PIN on IRS.com but was instead lead to get an 6 digit IP PI...
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In process of e-filing, TurboTax asks for 5 digit "signature" PIN. The IRS rejected my efile for lack of correct PIN? I tried to confirm PIN on IRS.com but was instead lead to get an 6 digit IP PIN. Very confusing because I did not realize there were two different pins. When I returned to TurboTax I was shown the screen with the 5 digit pins so could not make correction there. Had to read community discussions to try to resolve but TurboTax should have lead me to IP PIN entry instead of signature PIN site. Can't believe I was the only one confused.
April 15, 2025
11:37 PM
If you didn't set up the payment to be made when you filed your tax return, go to https://www.irs.gov/payments
April 15, 2025
11:37 PM
Figured out why this was occurring. I made a mistake on my 2023 Form 8086. Line 4 was zero when it should have been $8000. I forgot to enter my contribution for 2023 that was made between 1/1/2024...
See more...
Figured out why this was occurring. I made a mistake on my 2023 Form 8086. Line 4 was zero when it should have been $8000. I forgot to enter my contribution for 2023 that was made between 1/1/2024 and 4/15/2024. So I adjusted my basis for my traditional IRA in my 2024 return and added an explanation that this was due to an error in 2023 Form 8086. In the Turbotax Home & Business edition that I'm using, when you see the prompt asking you about the basis for your traditional IRA, there is an "Easy Guide to determine your basis" -- click on this and then make the adjustment. Once TT sees the adjustment, it will prompt you to "prepare and explanation" for the adjustment. Once I entered my new basis of $8000 (instead of zero), Line 4b went to zero and my Backdoor Roth conversion was no longer considered "taxable".
April 15, 2025
11:36 PM
I was experimenting but now I can't get it off my return and I don't know the impact to my e-file return...
Topics:
April 15, 2025
11:35 PM
how to pay taxes owed
April 15, 2025
11:35 PM
@E-Rich333Looks like we are both dealing with the same issue. I am stuck as well.
April 15, 2025
11:35 PM
To file an extension:
You can file your extension at our Easy Extension website, or select your situation for detailed steps.
TurboTax Online
Sign in to TurboTax.
Select File an e...
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To file an extension:
You can file your extension at our Easy Extension website, or select your situation for detailed steps.
TurboTax Online
Sign in to TurboTax.
Select File an extension in the menu or go to extension.
You can also select Tax Tools then Tools from the menu and choose File an extension.
Follow the instructions to e-file your extension. Note: You can't file an extension after April 15, 2025.
TurboTax Mobile app
April 15, 2025
11:34 PM
The only notice I received from turbo tax is a thank you for your payment, and which account my refunds will be deposited in. I haven't been able to sign anything. I cannot get a code sent to my em...
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The only notice I received from turbo tax is a thank you for your payment, and which account my refunds will be deposited in. I haven't been able to sign anything. I cannot get a code sent to my email for my signature. I have been trying since 1pm 4/14/25. What do I do now?
Topics:
April 15, 2025
11:32 PM
You need to log back in to your account and return to your tax return. Finish your return and file.
April 15, 2025
11:31 PM
I got the same "Turbotax desktop $45 premium service fee applies" message on the "How would you like to Pay" screen just before eFiling. Nothing on the Turbotax screen explained it, so I had to look ...
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I got the same "Turbotax desktop $45 premium service fee applies" message on the "How would you like to Pay" screen just before eFiling. Nothing on the Turbotax screen explained it, so I had to look it up in Google to find out that it was showing because the "How would you like to Pay" window defaults to "Pay with Federal Refund" for my State eFiling fee. There was NO message on the Turbotax screen that said paying with a credit card would avoid this $45 fee. Even when clicking on the "Pay with credit card" button, the $45 message did not go away. It wasn't until I had entered all my credit card information that I could see the amount to be billed on my card did not include this $45 Premium fee. TurboTax should have a clear message on the "How Would You Like To Pay" screen to explain to users the $45 fee only applies to paying from your Federal refund, and the screen should immediately remove the "$45 Turbotax Premium Service applies" message when the user highlights the "Pay with credit card" button.
April 15, 2025
11:31 PM
I have the same problem. We have two W2s with $0 amount in Box 1 but Box 3-6 have numbers. Also, Box 12 code is II (Medicaid waiver payments ...) with Box 12 amount same as Box 3. It's very confus...
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I have the same problem. We have two W2s with $0 amount in Box 1 but Box 3-6 have numbers. Also, Box 12 code is II (Medicaid waiver payments ...) with Box 12 amount same as Box 3. It's very confusing. Since I have other W2s, I am tempted to delete W2s with $0 in Box 1 and file my return. Would appreciate any comment/feedback.
April 15, 2025
11:29 PM
No. There are no tax "deductions" for education expenses. There are education "credits". To see what qualifies for the education credits see the following:
What education tax credits are av...
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No. There are no tax "deductions" for education expenses. There are education "credits". To see what qualifies for the education credits see the following:
What education tax credits are available?
April 15, 2025
11:29 PM
I made my first installment towards my taxes for 2024 and set up a payment plan with the IRS. How do I know finish filing?
Topics:
April 15, 2025
11:24 PM
I am a graduate music students are instruments i purchased this year tax deductible
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April 15, 2025
11:18 PM
I cannot continue. My parent's SSN shows and so do the dates. That is who I share the policy with
Topics:
April 15, 2025
11:17 PM
April 15, 2025
11:15 PM
Thank you for your answer. The Wages and Tips box is pre-filled out with my gross income for 2024. The box I'm having an issue with is the "Taxable Interest Income" on this screen. For referenc...
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Thank you for your answer. The Wages and Tips box is pre-filled out with my gross income for 2024. The box I'm having an issue with is the "Taxable Interest Income" on this screen. For reference, this is what I see: Do I have to calculate a specific number (for example, go back through my paystubs and see how much was withheld while I lived in Yonkers) or just enter the amount listed on my W2 under local income tax? This is the only thing stopping me from filing my taxes. Thank you so much!