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April 14, 2025
10:13 PM
This year was my first time using TurboTax, the Desktop version. The returns have been e-filed and thus there is no urgency for anyone to respond to this question. That said, when I purchased Turbo...
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This year was my first time using TurboTax, the Desktop version. The returns have been e-filed and thus there is no urgency for anyone to respond to this question. That said, when I purchased TurboTax in December 2024 I had the expectation that the product would collect all our information and display the refund/liability scenarios for Federal and State based on Married Filing Jointly versus Married Filing Separately. Instead, I (apparently) had to work up three different tax returns: My wife and I filing jointly Me filing separately My wife filing separately I don't understand the need for redundant data entry and I hope I have overlooked some feature which would have saved a lot of extra work. Please let me know, thanks. Also on the topic of redundant data entry, I had to reenter the bank information when e-filing each return for a total of 8 times for the bank name, 8 times for the routing number and 8 times for the account number. I don't mind so much being asked to reenter the info once to confirm the entry, but I do expect software to retain the bank information at least as long as TurboTax Desktop is running, and it should prompt me "Use the previous bank account?" Instead, I had to enter the bank info for my Federal return, my State return, my wife's Federal turn and my wife's State return. Two times each due to the confirmation. This makes for a terrible UX. Please tell me I overlooked some profile setup where I might have been able to establish that banking information at the outset.
April 14, 2025
10:12 PM
How should I enter that in turbotax? I have grants reflected on 1098T, which can be exempted from US china tax treaty article 20(b) and an additional 5000 dollar from w2 which is from article 20(c)
April 14, 2025
10:12 PM
I did the amendment, now it shows a refund .it is larger than the credit we were trying to get what about the 2nd persons original return? how do we adjust if they received a refund ?
April 14, 2025
10:11 PM
3 Cheers
Some previous replies have been correct. This used to be a feature of the desktop version. It has now become hard to find. I agree in that we shouldn't have to switch to using online account. Als...
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Some previous replies have been correct. This used to be a feature of the desktop version. It has now become hard to find. I agree in that we shouldn't have to switch to using online account. Also, the Search function points towards the old way of doing it: Search "extend" and then pick on "Jump to extend". This no longer works! I did find a way to do it on the desktop: Save the Return and exit Turbotax. Restart Turbotax. The first screen is "Continue Your 2024 Tax Return". I my case, I have two returns (mine and my daughters) to pick from. I didn't pick either yet. In the lower-right corner you find a button for "File an Extension". Pick that and Turbotax will walk you through filing the Federal Extension. I chose to pay an amount. It adjusts for that in the "Federal Tax Due" amount at the top-middle of the screen, so the system understands I am making that payment. I also checked the forms to see if it updates that payment, which it did on Schedule 3, line 10, carried on line 31 of form 1040. Bravo! Unfortunately, I couldn't find a way to get it to do my State (Arizona) extension. I had to download the form, fill it out, and mail.
April 14, 2025
10:10 PM
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April 14, 2025
10:10 PM
April 14, 2025
10:09 PM
I need to re
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April 14, 2025
10:07 PM
April 14, 2025
10:07 PM
April 14, 2025
10:06 PM
My family member was the beneficiary of a 401k was worth about $200,000. In 2023, they chose to withdraw the full amount and pay all taxes and fees upon withdrawal. The beneficiary has been disabled ...
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My family member was the beneficiary of a 401k was worth about $200,000. In 2023, they chose to withdraw the full amount and pay all taxes and fees upon withdrawal. The beneficiary has been disabled for 30+ years and has never filed their taxes due to being on disability with no income from working. They recently received a letter in the mail stating something along the lines of filing taxes related to the 401k withdrawal. I am trying to help them with this because they have not done their taxes before and are not very tech savvy. Is it possible that they would have to pay additional fees for the past withdrawal?
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April 14, 2025
10:05 PM
Hi there, were you able to get this to work/resolved? It is also not working for me. Thank you.
April 14, 2025
10:05 PM
How to file extionson
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April 14, 2025
10:05 PM
1 Cheer
Same thing for me which is so shady.... I'll switch tax provider next year.
April 14, 2025
10:05 PM
I have the same issue and have put positive and negative numbers in from 2023 Allowable Loss from Part VIII c) and it is not the same number that is in Ln 22 Sch E. I also tried the prior year 2023 ...
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I have the same issue and have put positive and negative numbers in from 2023 Allowable Loss from Part VIII c) and it is not the same number that is in Ln 22 Sch E. I also tried the prior year 2023 Unallowed Losses from Part VIII b) and VII c)..it doesn't like those numbers either. I'm stuck on what number should be put and to now screw up all my last 2 decades of loss carry overs from a rental. Thanks for any advice.
April 14, 2025
10:05 PM
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April 14, 2025
10:04 PM
Our 1099-MISC is unrelated to self-employment. It comes from a union related to my spouse's main job.
April 14, 2025
10:04 PM
I need to receive help from an expert about filing taxes with desk version. How?
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April 14, 2025
10:03 PM
Greetings, If you receive items from family and friends and in return you give them items regardless to the intent for giving in return, is this considered BARTERING or and any kind of TAX REPORTABL...
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Greetings, If you receive items from family and friends and in return you give them items regardless to the intent for giving in return, is this considered BARTERING or and any kind of TAX REPORTABLE INCOME? One of the Examples: If someone has for years been providing meals, desserts, etc. when visiting, and in return I provide desserts or and treats, is this Bartering, even if my intent is not to be running a business? There are other examples as well. Some people do not count it as Bartering or and Taxable income, but I don't know if this is Lawfully correct with IRS and even the State I live in and the State I visited.
April 14, 2025
10:03 PM
1st year filing as an LLC. How can I claim child tax credit