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Can I apply a 2019 Disallowed Passive Loss return (Schedule E carryover worksheet from previous years) as an allowed NOL in my 2024 return (carryover worksheet line 14a)?  I had forgotten about it an... See more...
Can I apply a 2019 Disallowed Passive Loss return (Schedule E carryover worksheet from previous years) as an allowed NOL in my 2024 return (carryover worksheet line 14a)?  I had forgotten about it and read it may be possible to apply previous losses to later years, but the terms “Disallowed” and “allowed” have me thinking I cannot apply it.
No, that would not effect it. 
If you are using TurboTax desktop, this usually happens when an update is needed.  Update your software, and the Do Not File should go away.    Manually Update TurboTax for Windows Software
No, Arkansas will not allow the carryovers if the losses were not from Arkansas dispositions.  
I don't know what state you are in, but I was wondering the same thing and was able to find details for my state (Minnesota) and it says it does not include sports fees.    To qualify, the program ... See more...
I don't know what state you are in, but I was wondering the same thing and was able to find details for my state (Minnesota) and it says it does not include sports fees.    To qualify, the program must be: Academic in nature. This includes courses in such subjects as reading, math, science, history and the fine arts; it does not include sports, athletic activities, or religious instruction.
You can enter it under 2024 estimated payments. Open TurboTax Under Federal Select Deductions and Credits Scroll down the list to Estimates and Other Taxes Paid Select Estimated Tax P... See more...
You can enter it under 2024 estimated payments. Open TurboTax Under Federal Select Deductions and Credits Scroll down the list to Estimates and Other Taxes Paid Select Estimated Tax Payments from the drop down On the new drop down choose Federal estimated taxes for 2024 (Form 1040-ES) Did you pay federal estimated taxes for 2024? - YES Where do I enter my estimated tax payments?
@MinhT1 Will form 8889 need to show distribution of 1035 in 14 a even thought it was received in March 2025? If we show 1035 in 14a then that spills to Taxable HSA distributions line 16 as 14b limit... See more...
@MinhT1 Will form 8889 need to show distribution of 1035 in 14 a even thought it was received in March 2025? If we show 1035 in 14a then that spills to Taxable HSA distributions line 16 as 14b limits excess Distributions by tax due date of 2023
There should be some sort of explaination.   Here's how you can fix it:  Sign in to your account and select the Fix my return button. Follow any “fix it” instructions to update the information ... See more...
There should be some sort of explaination.   Here's how you can fix it:  Sign in to your account and select the Fix my return button. Follow any “fix it” instructions to update the information causing the rejection.    Note: Not all rejections will have explicit guides to fix the information. You’ll need to navigate to the program area to address the cause of the rejection.    Time-saving Tip: If what you originally entered is correct, you won't be able to e-file. There's probably a data mismatch at the government, a dependent that's already been claimed, or some other situation beyond your control that prevents your return from being e-filed. In this case, your only option would be to print and mail in your return. This article will give you instruction on how to print and mail your return.    Additional reject instruction here. 
I filed for an extension on my federal taxes already. Or can Turbo Tax go ahead and file my State taxes. I don't owe anything on either.
I was an educator but I am no longer an educator.  The items are from my classroom when I was an educator.  It seems a bit like a grey area to me.
Thank you - would it be any reason due to the fact that I have started the process using the Online Version and it still has information in there?
Here is a FAQ: How do I import my QuickBooks info into TurboTax?
You can delete this 1099-R= it is not taxable or needs to be reported; it is for informational purposes only. Box 5. Generally, this shows the employee’s investment in the contract (after-tax contr... See more...
You can delete this 1099-R= it is not taxable or needs to be reported; it is for informational purposes only. Box 5. Generally, this shows the employee’s investment in the contract (after-tax contributions), if any, recovered tax free this year; the portion that’s your basis in a designated Roth account; the part of premiums paid on commercial annuities or insurance contracts recovered tax free; the nontaxable part of a charitable gift annuity; or the investment in a life insurance contract reportable under section 6050Y. This box doesn’t show any IRA contributions. If the amount shown is your basis in a designated Roth account, the year you first made contributions to that account may be entered in box 11. Instructions for Forms 1099-R and 5498 
Sorry---TT does not give that sort of referral.   If you want a local tax preparer, you can google search for one.
Here are some things you can check.   Sounds like there may have been problems in the install.  Here are some things to consider.   Make sure your computer meets the minimum system require... See more...
Here are some things you can check.   Sounds like there may have been problems in the install.  Here are some things to consider.   Make sure your computer meets the minimum system requirements. Verify that you have administrator rights. Turn off file sharing by going to the Apple Menu > System Preferences > Sharing. Then, uncheck all options under the Services tab. This will stop your computer from sharing any files. If needed, remove and reinstall TurboTax for Mac. Allow cookies and pop-up windows. If you’re asked to grant access to your confidential information, enter your Mac password and select Always Allow. From the Apple menu, choose System Preferences > Security & Privacy > General. Select the Lock to make changes. Then select the App store and identify developers under Allow applications downloaded from (if you're unable to choose it, select the lock icon and enter your admin password). Temporarily turn off your firewall and virus-detection software as well as any other program that connects to the Internet, such as email or web browsers. Remember to turn your security software back on after the download is complete. Try this steps for updating the program once the installation is complete.   Make sure you're running the program from the Applications folder, not from a mounted virtual drive or CD (if installing tax year 2023 or a previous version). Wireless connections can be problematic. We recommend updating over a wired, broadband connection. If you don't have access to broadband, try restarting your wireless router. Empty the Trash. Force the update to download and install. If you're still having problems, turn off your computer, then your router, and lastly your modem, in that order. Wait a minute or two, then turn your modem back on. Wait another minute, then turn your router back on. Once your router is back up, turn your computer back on and try updating again.
Form 540NR is a nonresident California state return.   You might check your W-2s or any other information returns (e.g., 1099s) to see if they have entries in the state section indicating Califor... See more...
Form 540NR is a nonresident California state return.   You might check your W-2s or any other information returns (e.g., 1099s) to see if they have entries in the state section indicating California-sourced income or withholding.   If there is no California-sourced income or withholding, no deductions or credits or additional taxes, then you could just choose not to e-file the return when you are in the File section.   As a nonresident, you pay tax on your taxable income from California sources. See this California webpage for more information. Sourced income includes, but is not limited to: Services performed in California Rent from real property located in California The sale or transfer of real California property Income from a California business, trade or profession @johntdf 
That code means you are entering an invalid license code. Make sure enter exactly the 16-character combination of letters and numbers you received for the license code.   You will have to contact... See more...
That code means you are entering an invalid license code. Make sure enter exactly the 16-character combination of letters and numbers you received for the license code.   You will have to contact TurboTax support for assistance with this problem.  Here is a link:  Turbo Tax Customer Service 
This is definitely helpful but I agree, is it new? Turbo Tax has never prompted me to do this before and I've always submitted my taxes this way in the past. Also, it's not clear from that link which... See more...
This is definitely helpful but I agree, is it new? Turbo Tax has never prompted me to do this before and I've always submitted my taxes this way in the past. Also, it's not clear from that link which receipts need to be submitted. Is there a certain threshold for a total amount? For each individual gift? Thanks for this.
Hate to admit it...but I'm totally confused now. Hoping I can get some clarity from the Forum. I am a self-employed childcare provider working from my home. I traded in a 2007 Suburban SUV in December... See more...
Hate to admit it...but I'm totally confused now. Hoping I can get some clarity from the Forum. I am a self-employed childcare provider working from my home. I traded in a 2007 Suburban SUV in December 2024. I had been using this vehicle less than 50% for business use for 18 years. I received $8000 trade-in value towards a new 2024 Suburban. I reported the ~$4000 as a business sale per Turbo Taxes questions. It is giving me a loss of $23,669 (making me think it's treating it as a 100% business asset instead of less than 50%). I have enough carry-over losses from my home office to zero out my income, however Turbo Tax is not allowing it...making me pay self-employment taxes on $23,669. Then, I'm noticing it is also giving me an entry in the nonrecaptured net section 1231 losses section. So what does this mean? Am I going to also have to include the $23,669 as income next year? I only received $7457 in "depreciation allowed since acquisition" the entire 18 years. The business did not buy this vehicle...I did personally. Now I'm wondering do I even add the new 2024 Suburban at all? Is it worth it? I'm retiring in about 5 years. PLEASE HELP! Have spent many hours on this. Feeling pretty clueless.