All Posts

Error 70001 occurs when you have two instances of TurboTax running.  In order to correct this error, you may need to manually uninstall and reinstall TurboTax.  If doing that does not assist, please follow the steps in this link to troubleshoot the issue.  

Federal law prohibits any state from taxing pension income of non-residents, even if the pension was earned within the state. Only amount received while living in OR will be included as taxable income on OR return.   

If you would like to send us a “diagnostic” file that has your “numbers” but not your personal information it would help.  If you would like to do this, here are the instructions:  (Don't forget to give us the state)   TurboTax Online: Open your return -Go to the menu panel on the left side of your return and select Tax Tools.  Then select Tools below Tax Tools.  A window will pop up which says Tools Center.   On this screen, select Share my file with Agent.  You will see a message explaining what the diagnostic copy is.  Click okay through this screen and then you will get a Token number.  Reply to this thread with your Token number and your state. This will allow us to open a copy of your return without seeing any personal information.   TurboTax Desktop: If you like, you can send a copy of your return that will be scrubbed to eliminate your personal data by using these steps: Click on Online in the top left menu of TurboTax CD/Download for Windows Select 'Send Tax File to Agent' Write down or send an image of your token number and state then place in this issue. We can then review your exact scenario for a solution. Please also tell us any states included in the return. This is necessary for us to view the return. We will then be able to see exactly what you are seeing and we can determine what exactly is going on in your return and provide you with a resolution. 

Go to Print Center to view or print the Filing Instructions page of your tax return.  It will have the information on how you chose to pay the taxes owed.  Also on the Federal Information Worksheet in Part V that information will be shown if you selected direct debit from your bank account.   To access your current or prior year online tax returns sign onto the TurboTax website with the User ID you used to create the account - https://myturbotax.intuit.com/   When you sign onto your online account and land on the Tax Home web page, scroll down and click on Add a state.  This will take you back to the 2024 online tax return. Click on Tax Tools on the left side of the online program screen.  Then click on Print Center.  Then click on Print, save or preview this year's return.  Choose the option Include government and TurboTax worksheets   If you used the desktop CD/Download editions installed on your computer, the only copy of your tax data file and any PDF's will be on the computer where the return was created.  TurboTax does not store online any returns completed using the desktop editions.

The long-term capital gain reported by the estate may be offset by the long-term capital losses reported on IRS Schedule D Capital Gains and Losses.   The estate entry is found on line 12 of IRS Schedule D Capital Gains and Losses.  

From what I’ve read “lump-sum” is not well defined in the US and open to interpretation.  In the US the 25% is can be interpreted as a partial distribution not a lump-sum whereas lump-sum would be 100%. There are a online blogs arguing both sides of the coin. Agreed, the irs letter is an interpretation not a ruling, however as it’s close to tax day I’m not pursuing the treaty now but may file an amended return later. I would still need assistance completing form 8833 as the tax attorney was not interested in helping me - “too much liability”

Once you have added your first Form 1099-INT, you will be able to "Add Investments" to add additional Forms 1099-INT.    You can enter your forms 1099-INT manually using the instructions below.   Open your return In the search Bar enter Form 1099-INT Select "Jump to 1099-INT" It will ask, "Did you have investment income in 2024?" Select "Yes" Select "Continue" Select "Skip Import" You will Select your investment type which is "Interest" You will "Continue" Then you will see the screen "Let's get the info from your 1099-INT" You will type in the information from your Form 1099-INT on that page. Answer the follow-up questions. You will be able to select "Add Investments" to add additional Form(s) 1099-INT.   Your screens will look something like this:                   Click here for information on entering a Form 1099-INT.   Click here for Turbo Tax information regarding Forms 1099-INT.

If you are using TurboTax Online Deluxe, you will need to upgrade to TurboTax Premium in order to enter Schedule K-1. See Where do I enter a Schedule K-1 that I received?   If you're using TurboTax Deluxe installed on your computer, search for "k-1" and click the "Add/edit Schedule K-1" link.   @MIKEYP12 

It's not clear why you would want to remove it. IRS Tax Law: Depreciation is allowed or allowable which means you will recapture it when sold even if you didn't use it (use it or lose it).    Please clarify if you need further assistance.

Call IRS e-file Payment Services 24/7 at 1-888-353-4537 to inquire about your payment.   If you want to check the debit date you specified, look on the filing instructions for your return.  It will tell you the debit date the IRS or State will deduct the payment.  If you did not print them out you can view them using the following steps:    TurboTax Online  In TurboTax Online, sign into your account. You should be on your Tax Home page. Scroll down to Your tax returns & documents. Select 2024, and then select Add a State (you're not actually adding a state, this just gets you into the right menu). Once you're in your return, you can navigate around as usual. Click Tax Tools (in the black bar on the left of your screen) and then click select Print Center. Click Print, save or preview this year's return TurboTax CD/Download  Go into Forms Mode by clicking on the Forms icon in the top right of the blue bar.   In the Forms in My Return list on the left, click Filing Inst.  [It's usually toward the bottom of the list.]  The form will appear on the right side of the screen. You can view the form on the screen or you can print a copy by clicking the Print box at the bottom of the screen. To return to the interview, click on the Step-By-Step icon in the top right of the blue bar.

You will need to contact the IRS for information. It might be easiest to set up an account with them.   IRS Individual Online Account   Taxpayers with a Social Security number or an Individual Taxpayer Identification Number can create or access their IRS Individual Online Account to get information they need to file their return. With an IRS Individual Online Account, people can: View balance owed, payment history and schedule payments. Cancel scheduled payments. Get transcripts. View or create payment plans. See digital copies of some IRS notices. View key data from their most recently filed tax return, including adjusted gross income. Validate bank accounts and save multiple accounts, eliminating the need to re-enter bank account information every time they make a payment. View, approve and electronically sign power of attorney and tax information authorizations from their tax professional. 

Q. If I were a student in 2024, but I did not pay  my 2024  tuition until 2025,  can I claim the tuition I paid on either my 2024 or 2025 tax returns?  A. No to both.  To be a qualified educational expense the payment must match  the the year the class was taken. There is one exception, but it does not apply in your case (you may pay in 2024 or a class starting in Jan. 2025).  

Your mileage, if you have self-employment income from your work as a pastor, is deductible as business expense.  You cannot use that mileage to reduce the self-employment tax on your housing allowance.  I am not familiar with the "Denson Rule" so I cannot comment on that.