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SUCH A SCAM!!!!! Also when you call in for help, they say its $30 add on but if you try to add help online its $60! 
The above is correct. The tax withheld should be listed in box 4 and 16 on your Form 1099-B. When you enter the investment sale in TurboTax, you will see an option to indicate that your Form 1099-B h... See more...
The above is correct. The tax withheld should be listed in box 4 and 16 on your Form 1099-B. When you enter the investment sale in TurboTax, you will see an option to indicate that your Form 1099-B has additional boxes. You need to click on that box to see the box 4 and 16 where you can enter your backup withholding.   Also, since you are dealing with restricted stock units, when you enter the stock sale you need to be sure you include the vesting income in your cost basis, so the capital gain on sale of the stock to pay your taxes will be minimal. You will see an option when you enter the Form 1099-B to indicate that the basis reported on the Form 1099-B is wrong or missing. Choose that option and then enter the corrected cost basis.
What type of settlement did you receive from the lawsuit?   Are legal settlements taxable?
@Pop51 wrote: is my from date on 3115 2008 or 1/1/2024? It should be the latter since they're asking for the tax year of the change (i.e., the tax year the change went into effect).
Having stocks that are flagged and need review it's because they might have missing information that either wasn't imported properly or aren't easily located within your documents. Some of these miss... See more...
Having stocks that are flagged and need review it's because they might have missing information that either wasn't imported properly or aren't easily located within your documents. Some of these missing information could be: Cost basis, proceeds, date acquired, date sold or, description. With a copy of your Form 1099-B you can check one by one to make sure the information that was imported is correct.  If you have more than 25 transactions that need to be reviewed, you might want to enter them as a sales summary instead of fixing them one by one. Below is a link on how to remove those transactions and instead input them as a whole summary   Use summary filing  
Get error in Review Form 352:  Charity Code needs to start with a 1 None of the codes have a 1 before them   https://azdor.gov/sites/default/files/document/CREDITS_2025_qco.pdf      
how to access 1041???
The maximum amount of the foreign tax credit is the amount of foreign taxes paid or the U.S. tax liability on the foreign income — whichever is lower.  Since we can't see your return in this forum, y... See more...
The maximum amount of the foreign tax credit is the amount of foreign taxes paid or the U.S. tax liability on the foreign income — whichever is lower.  Since we can't see your return in this forum, you stated that you entered foreign income, plus definitely related expenses.  If this was for foreign rental property, don't include depreciation as an expenses and see if it makes a difference in your FTC amount.   The calculation for FTC is complex and uses different amounts from your return.  When entering foreign income, use the amount that was actually taxed by the foreign country.  In that case, entering expenses is not necessary.  You're not trying to calculate foreign income here; in the case of a rental, you've already done that on Schedule E.   The program performs the computations on lines 12a3, 12a4, 12a5 only for the General category of foreign income; if you selected 'passive' income (which would include rentals), and did not have Form 2555 for FEIE, these numbers would not apply and are not used in calculating your Foreign Tax Credit amount.   How does your actual FTC on Line 35 of Form 1116 relate to the amount of foreign tax you paid?   Here's more info on Claiming the Foreign Tax Credit.    @akrawitz           
What was the workaround? I’m having this same issue! Thank you in advance!
HOW DO I DETERMINE THE RMD ON MY INCOME
What exactly do you mean by "savings interest"? Is it interest from a savings account in a bank or credit union, or are you talking about interest from U.S. savings bonds? Interest from U.S. savings ... See more...
What exactly do you mean by "savings interest"? Is it interest from a savings account in a bank or credit union, or are you talking about interest from U.S. savings bonds? Interest from U.S. savings bonds is not taxable by the state. If it's interest from a savings account, did you get a Form 1099-INT for the interest? Is the interest in box 1 of the 1099-INT? Go back to the screen where you entered the 1099-INT in TurboTax and make sure you entered the interest in box 1, not in box 3. After you enter the 1099-INT for the interest, the next screen asks "Do any of these uncommon situations apply?" It has checkboxes for two options. I need to adjust the interest reported on my form. My state (ME, MD, MA, NH, NJ, or WV) doesn't tax all of this interest. Did you check the box for either of those options? Don't do that. Just check "None of these apply" or don't check any box.  
They are only refundable if she paid more than she owes based on her income.  If you do not live in a state but you do work in the state, unless the state has a reciprocal agreement with your home st... See more...
They are only refundable if she paid more than she owes based on her income.  If you do not live in a state but you do work in the state, unless the state has a reciprocal agreement with your home state (IL does NOT with CT)  Yes, the income should be reported on her CT resident state return.  She will be able to claim a credit for taxes paid to IL on her CT return.  You will need to file the IL return first so you know the actual IL tax liability.  The actual tax liability, not the amount withheld, is the amount you can claim for the credit. 
See this TurboTax support FAQ for the verification code - https://ttlc.intuit.com/turbotax-support/en-us/help-article/security-risk/trouble-filing-verification-code/L6X76gZlE_US_en_US?uid=m91lsdgn
Parents travelled away from their Main Home for a year, Son who lives in a different state, and Parents, engaged a Realtor who presented potential Rental Applicants.  After appropriate credit screeni... See more...
Parents travelled away from their Main Home for a year, Son who lives in a different state, and Parents, engaged a Realtor who presented potential Rental Applicants.  After appropriate credit screening, a local family was selected and the Realtor was paid their commission (1 month of rent if I recall correctly).  Indeed, Fair Rent was Paid, documentation exists.   I have no concerns about that accounting, it was all proper and well executed, good real estate management company.  Parents returned to Main Home after the 1 year lease to the Renters was up.  Parents continued to live in this, their Main Home till one parent passed away in 2023.  Subsequently, Home was Sold in 2024.   I have great feedback from others on this forum regarding how to calculate Basis and how to handle Depreciation Recapture (for Rental and Business Use) between Son and Parents i.e. the 3 purchasers of home in 1999.   Really the question is about Rental Depreciation Recapture.  For whatever reason, the tax forms from 2006 and 2007 (the 12 months during which it was rented) claimed 0 for Rental Depreciation.  I am trying to understand why this would have happened, did I make a mistake when navigating Turbo Tax Online back then or did it disallow the depreciation deductions for some other reason based on my tax info at that time.   The reason I am quibbling about 12 months of rental depreciation recapture is that I read in forums that I have to Recapture this Rental Depreciation regardless of whether it was actually claimed in the past.  As long as "it could have been claimed" it should be recaptured.      Any help to put this issue to bed, in a fair way would be greatly appreciated.  (i.e. I didn't deduct the depreciation for whatever reason, is there a proper remedy to fix it now so that I am not forced to recapture depreciation that "I could have claimed")   Thank You!!             
My spouse underestimated our income for his ACA Healthcare (1095-A) and has to repay ALL of the "credit" given to him. (I am on Medicare - SSD.) In Arizona, am I "obligated to pay" that OR can I file... See more...
My spouse underestimated our income for his ACA Healthcare (1095-A) and has to repay ALL of the "credit" given to him. (I am on Medicare - SSD.) In Arizona, am I "obligated to pay" that OR can I file an "injured spouse form" and still get my portion of a tax refund back? 
See this TurboTax support FAQ for how to remove Live Assist - https://ttlc.intuit.com/turbotax-support/en-us/help-article/intuit-subscriptions/remove-turbotax-live/L3WW5jwOM_US_en_US?uid=m91lpdjl