All Posts

Yes, just like other sections of your return, there are questions to answer along the way to guide you  with filling in all the required information.  A lot of important details are captured in the first several screens where you fill in the Property Profile, so pay close attention to those answers as you get started.   Use the information in the following TurboTax help articles to begin:   Where do I enter income and expenses from a rental property?   What kinds of rental property expenses can I deduct?  

Additional income and adjustments to income are listed on Schedule 1, and posted to line 8 of your 1040 tax return. You can view the Schedule 1 and everything listed on it.   On the menu bar on the left that shows. Select Tax Tools On the drop-down select Tools Tip: If you don't see the dropdown for Tools, Minimize the federal and state options using the down arrow. On the popup menu Select View Tax Summary On the left sidebar Select Preview my 1040. Schedules 1,2 & 3 are included if you scroll down past your 1040. To return to the entry screens press Back on the sidebar. Other key numbers on your 1040 tax return are: Line 9 - Total Income Line 11 - AGI Line 15 - Taxable Income Line 24 - Total Tax. Line 25 d - Withholdings. Line 26 - Estimated tax payments Line 27 - Earned Income Credit Line 33 - Payments including Credits. Line 34 - Overpayments. Line 37 - Tax owed.

@bertak32    It's one of the menu items in the Retirment income sectio....on the Federal Wages&Income page.   If you don't see the full menu on that page, look for some text to click on....lower down on the page that says something like "See more income items".   Clicking on that will show you the whole menu of income selections.

Please clarify your question.   Did you get a reason for needing an amendment? If you haven't filed, you should not need to. Did you enter W-2's on your return? Did they show withholdings on the form in box 2? Did you file the return by mistake? Please contact us again to provide some additional details.       

Yes, you can report self-employment income with a tax form as Other Self-employed income.   In business income, just under Type of Income, click on Add Income for this work On the next page, click on the radio button next to Other Self-employed Income Click Continue to enter your income received in cash, checks or bank transfers. If you have expenses related to this business, you can deduct them.

You can preview your tax return by going to:   On the menu bar on the left that shows. Select Tax Tools On the drop-down select Tools Tip: If you don't see the dropdown for Tools, Minimize the federal and state options using the down arrow. On the popup menu Select View Tax Summary On the left sidebar Select Preview my 1040. Refund is on line 34 Amount you owe is on line 37 Some key numbers on your 1040 tax return are: Line 9 - Total Income Line 11 - AGI Line 15 - Taxable Income Line 19 - Child Tax Credit Line 24 - Total Tax. Line 25 d - Withholdings. Line 26 - Estimated tax payments Line 27 - Earned Income Credit Line 28 - Additional Child Credit Line 33 - Payments including Credits. Line 34 - Overpayments. Line 37 - Tax owed.

If you are a US citizen or a resident alien, you can choose to treat your nonresident spouse as a U.S. resident for tax purposes and file as MFJ.   Please read this IRS document for more information.  

Lets address the EV charger. I suggest that you run the Federal Review Located under Federal on the left sidebar.I suggest you run Federal Review on the Left sidebar. This will review what you've posted so far, and identify problem areas. You can enter corrections directly from fere.

You can either itemize deductions, or take a standard deduction, but not both.   It my look like you should be getting Itemized deductions based on the raw numbers,   but after crunching the numbers it may not be the best choice for you.   There have been many changes to the Itemized deduction limitations.  Here are some of the limitations to Itemized deductions Medical expenses: You can only deduct the amount of your medical and dental expenses that is more than 7.5% of your AGI. Mortgage Interest:  You can deduct the interest you paid during the tax year on the first $750,000 of your mortgage debt for your primary home or a second home. If you are married filing separately, the limit drops to $375,000. Local Taxes: Your deduction of state and local income tax, general sales, and property taxes is limited to a combined total deduction of $10,000 ($5,000 if married filing separately). Business expenses for employees is no longer allowed. There may be other limitations that are not listed. Finally, the total of all deductions must be greater than the Standard deduction. The standard deduction amounts for 2024 are: $29,200 – Married Filing Jointly or Qualifying Surviving Spouse $21,900 – Head of Household $14,600 – Single or Married Filing Separately For 2024, the additional standard deduction amounts for taxpayers who are 65 and older or blind are: $1,950 for Single or Head of Household $1,550 for married taxpayers or Qualifying Surviving Spouse You can also see: The difference between standard and itemized deductions, and what they mean

Please clarify your question.   What do you mean by auto file? Do they show up on Schedule A? Did it override the standard deduction? Please contact us again to provide some additional details.       

Yes, Payments to a MarketPlace pan can be included as Medical Expenses. Medical expenses can be deducted if they are not covered by insurance. To post post Medical Expenses: Log into TurboTax Under Federal Select Deductions & Credits Scroll down the list to Medical. Click the down arrow Choose Medical Expenses TurboTax will tell you the amount of medical expenses you need to be eligible for a deduction. It my look like you should be getting Itemized deductions based on the raw numbers,  but after crunching the numbers it may not be the best choice for you. Here are some of the limitations to Itemized deductions Medical expenses Limit: You can only deduct the amount of your medical and dental expenses that is more than 7.5% of your AGI. Acceptable Medical and dental expenses