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xmasbaby0

One way to overcome it would be to just key in the W-2 by hand since it seems you have it in hand--instead of wasting your time fighting the technology.

vadave7

This did not help as there is no "Tax Tools" on left side or anywhere on the UI.

DianeW777

It depends. We'd love to help you complete your tax return, but need more information. Can you please clarify your question? Have you filed through e-file? Are you waiting to file your state ...

It depends. We'd love to help you complete your tax return, but need more information. Can you please clarify your question? Have you filed through e-file? Are you waiting to file your state return? Did you want to mail your tax return Please update here and we will help.

NicolleR1

Para presentar una nueva declaración tributaria de un año anterior para los años 2023, 2022 o 2021, tendrás que comprar y descargar el programa de ese año, ya que TurboTax Online y la aplicación móvi...

Para presentar una nueva declaración tributaria de un año anterior para los años 2023, 2022 o 2021, tendrás que comprar y descargar el programa de ese año, ya que TurboTax Online y la aplicación móvil solo están disponibles para el año tributario actual. Vea el enlace que le comparto mas abajo para comprar y descargar el program del año 2023. Software TurboTax para PC o Mac

JohnB5677

Sign in at TurboTax.com to download the 2023 software

AnnetteB6

When you entered the information from your Form 1099-R reporting the distribution from your Roth IRA, you should have seen some messaging on the screen if you owed any additional tax on the distribut...

When you entered the information from your Form 1099-R reporting the distribution from your Roth IRA, you should have seen some messaging on the screen if you owed any additional tax on the distribution for an early distribution penalty. If you did not see that message, then you are not paying any penalty and Form 5329 is not required to claim an exception. You also mentioned in your question that you took out your contributions from the Roth IRA to pay for qualified education expenses. As long as your distribution did not exceed the contributions that you had made to the Roth IRA, then the distribution is not taxable or penalized as an early distribution. That is one of the benefits of having a Roth IRA. You can take out your contributions at any time without tax or penalty.

dave10

I am amending my 2023 federal and state taxes. I forgot to take a deduction (a net operating loss due to theft). The deduction changed my federal taxes from standard to itemized deductions. Howeve...

I am amending my 2023 federal and state taxes. I forgot to take a deduction (a net operating loss due to theft). The deduction changed my federal taxes from standard to itemized deductions. However, the amended NC state form still shows a standard deduction (not itemized). There does not appear to be any change to the taxes on the amended NC state form. Shouldn't the amended federal information transfer to the NC state form and change the deductions from standard to itemized? How can I make this change?

pallavi_980

Hi Dave, Thank you for getting back . I am concerned then what is the use case for below description. Residency ending date under the substantial presence test In general, if you meet the subst...

Hi Dave, Thank you for getting back . I am concerned then what is the use case for below description. Residency ending date under the substantial presence test In general, if you meet the substantial presence test, your residency ending date is your last day of presence in the United States followed by a period during which: You are not present in the United States, You have a closer connection to a foreign country than to the United States, and You are not a resident of the United States during the calendar year following that of your last day of presence in the United States. Under the general rule, the residency ending date is December 31 of the calendar year in which you left the United States. However, your residency ending date is the last day during the calendar year that you are physically present in the United States if, for the remainder of the calendar year: your tax home is in a foreign country (cf. Rev. Rul. 93-86); and you maintain a closer connection to that foreign country than to the United States (cf. Treas. Reg. § 301.7701(b)-2(d)). Note: An "exempt individual" is not considered "present in the United States" for purposes of determining the residency ending date under the substantial presence test. This rule may result in situations in which a person who was once a resident under the substantial presence test and later becomes an "exempt individual," can become a nonresident once more without ever having left the United States. See Example 6 in Tax residency status examples. Looking forward to hear from you. Thank you

KeshaH

$0.04 rounds down to $0 so TurboTax would read this as if nothing or $0 was entered. You can delete this 1099-R if it only has the $0.04 in distribution.

DianeW777

No, you do not need to notify the IRS that you paid online. Use the link below to make your payment. You can schedule the payment date. IRS Make a Payment If you want to include the 1040-V y...

No, you do not need to notify the IRS that you paid online. Use the link below to make your payment. You can schedule the payment date. IRS Make a Payment If you want to include the 1040-V you can simply write on it 'Paid Online' to give an indicator but it's not necessary. They will connect the payment with your tax return.

lincolnandlucy

First time filing and extension due to K1's not ready. I filed an extension, then TT dropped me on the landing page to file my return, which I assumed (wrongly) meant I was to also file the return. I...

First time filing and extension due to K1's not ready. I filed an extension, then TT dropped me on the landing page to file my return, which I assumed (wrongly) meant I was to also file the return. I thus filed the return as well. Unfortunately, now I know this was incorrect. However, both the extension was accepted as well as the filing. Now I have both attempts by the IRS to deduct the taxes owed for each, effectively paying taxes owed twice. I intentionally did not load my bank account to cover both, only one of the amounts...now I have a negative bank account balance and will see if there is an overdraft fee. That said, what are my options here? I can have the bank block the amount for the filing - not sure how the IRS views insufficient funds since the filing was accepted. If the IRS gets an insufficient funds response on the filing but not the extension, will the IRS figure this out on their own? Or am I stuck with having to transfer funds to the bank account, allow both charges to go through, then go back to the IRS and request a refund? TT didn't help because when I discovered I made an error to start with, the agent said the IRS would figure it out and not charge both...obviously, this was the not correct. Updated: spoke with bank just now, learned that the payment while stated at Pending, was actually processed so no option to block payment (other than dispute which doesn't make sense). Now that both payments have processed, am I now limited to contacting the IRS and requesting refund? and if so, am I asking for refund of Extension amount or Filing amount, which oddly different by a few hundred dollars. I guess my indirect question is - which filing am I working from? the extension or the filing? "seems" like I am should be working from the filing being accepted, therefore I should be asking for the extension refunded, and then once I get my K1's, I should file an amendment? seems correct, but asking for feedback

xmasbaby0

The other parent has been blocked from e-filing by your use of the child's SSN. Even if you amended, she will have to file by mail this year. She can claim the child but must print, sign and date h...

The other parent has been blocked from e-filing by your use of the child's SSN. Even if you amended, she will have to file by mail this year. She can claim the child but must print, sign and date her return in ink, and mail it. Waiting for your amended return to be processed will not help her. She cannot e-file.

Vanessa A

If you are claiming your mother as a dependent, then yes, you would need to include the 1095-A on your return. Your mother is not eligible for the Premium Tax Credit if she is claimed as a dependent ...

If you are claiming your mother as a dependent, then yes, you would need to include the 1095-A on your return. Your mother is not eligible for the Premium Tax Credit if she is claimed as a dependent on another persons return. You must meet all of the following criteria to qualify for the premium tax credit: You must get your health care coverage through the Marketplace. You can't be eligible for health care coverage through alternative options such as your employer or the government. Your income needs to fall within a certain range. Another person can't claim you as a dependent on their return. You must file a joint return if you're married.

DianeW777

It depends. New Jersey (NJ) does allow the three year rule to be used. This means that you expect to recover your cost in the retirement plan in the first three years when distribution begins. Your ...

It depends. New Jersey (NJ) does allow the three year rule to be used. This means that you expect to recover your cost in the retirement plan in the first three years when distribution begins. Your cost is the amount you put into the plan with 'after tax' dollars. If you are not sure, check with your plan administrator. See the instructions to enter your cost and, if this is not your first year, the cost you already did recover in a prior year or years. This is answered in the federal return under the 1099-R section after you enter the information. NJ Three-Year Rule Method Open your TurboTax return > Search (upper right) > 1090r > Click the Jump to... link Continue to the screen titled 'Where is your distribution from?' > Select 'Three-year rule pension or 401(k) benefits' Once this is selected in your federal return, you will see a place to make entries for this in your NJ return. See the images below for assistance.

BTRR

I will be filing my Federal return by mail. I will be paying my amount due online (in my IRS account). 1. Do I include a 1040-V with my mailed return? 2. Do I include anything with my mailed re...

I will be filing my Federal return by mail. I will be paying my amount due online (in my IRS account). 1. Do I include a 1040-V with my mailed return? 2. Do I include anything with my mailed return (to notify the IRS that I paid online)?

KeshaH

Make sure when you enter your contributions for 2024 you also indicate that you have basis in your IRA from 2023. Even though the contributions weren't actually made until 2024, they're still treated...

Make sure when you enter your contributions for 2024 you also indicate that you have basis in your IRA from 2023. Even though the contributions weren't actually made until 2024, they're still treated as being made by 12/31/2023. See screenshots below. @DCB511

BrittanyS

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...

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”)

JohnB5677

For billing issues you can contact the TurboTax Support Phone Number

ekwerbeck1224

Paid state taxes via credit card. How do I file?

M-MTax

@MJBsbooks wrote: I have amounts on line 5, and line14 with H code. The line 14 zeros out line 5, there should be no tax as Trust is paying it. Is the K-1 incorrect? No, the K-1 is not inco...

@MJBsbooks wrote: I have amounts on line 5, and line14 with H code. The line 14 zeros out line 5, there should be no tax as Trust is paying it. Is the K-1 incorrect? No, the K-1 is not incorrect. The entry on Line 14 (H) is transposed to Form 8960, if needed, and is simply an adjustment to the NIIT. It does not zero-out the income reported on Line 5 for regular income tax purposes. See https://www.irs.gov/instructions/i8960#en_US_2024_publink10003529

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Filed extension and then filed return, now have two attempts to deduct payments

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Do you have a TurboTax Online account?

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