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April 7, 2025
6:03 PM
i want to open my 2023 return to find out what was listed as depreciation
April 7, 2025
6:03 PM
I got a W-2 with CA SDI in box 14 and the rest is empty from a lawsuit settlement. I entered this W-2 when going through the federal section but found out it was not included in the California schedu...
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I got a W-2 with CA SDI in box 14 and the rest is empty from a lawsuit settlement. I entered this W-2 when going through the federal section but found out it was not included in the California schedule W-2 when reviewing the forms. What should I do? Do I need to attach this W-2 when mailing my state tax return?
April 7, 2025
6:03 PM
The MW506NRS is the Application for Tentative Refund of Withholding on 2024 Sales of Real Property by Nonresidents, it is not a tax return. When you filed the MW506NRS you should have been refunded ...
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The MW506NRS is the Application for Tentative Refund of Withholding on 2024 Sales of Real Property by Nonresidents, it is not a tax return. When you filed the MW506NRS you should have been refunded your withholding from the sale, which usually only happens of you are expected to pay tax on the sale. You can check at Maryland filing requirements to see if you are required to file a tax return.
April 7, 2025
6:02 PM
Credits would be listed on Schedule 3 of Form 1040 or line 27 through 29 on your Form 1040.
To view your form 1040 and schedule 1 to 3:
Choose Tax Tools from your left menu bar in Turb...
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Credits would be listed on Schedule 3 of Form 1040 or line 27 through 29 on your Form 1040.
To view your form 1040 and schedule 1 to 3:
Choose Tax Tools from your left menu bar in TurboTax Online while working in your program
Choose Tools
Choose View Tax Summary
See the Preview my 1040 option in the left menu bar and click on it
Choose the Back option in the left menu bar when you are done
April 7, 2025
6:01 PM
File 2024 1040
Topics:
April 7, 2025
6:01 PM
How do I get form 8949 for sale of home on turbo tax as am premier and can I put the sale expenses like commissions, escrow, title and other fees there and where.
Topics:
April 7, 2025
6:01 PM
I had the same concern. And nearly the same situation, my wife and I filing jointly and two dependents. One dependent did hers incorrectly. She amended hers without the IP pin. I got an IP pin for on...
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I had the same concern. And nearly the same situation, my wife and I filing jointly and two dependents. One dependent did hers incorrectly. She amended hers without the IP pin. I got an IP pin for only me and not my wife or other child. I was able to E file and got the messages back from state and federal that it was accepted. so far so good.
April 7, 2025
6:01 PM
It should be reported with your self-employment income. How do I enter a 1099-K for self-employment income?
April 7, 2025
6:00 PM
@fanfare I didn't choose to summarize - this is what TurboTax (Deluxe, Mac/PC edition) told me to do. when I connected it to my robinhood account, it gave some sort of an error. I have short term ga...
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@fanfare I didn't choose to summarize - this is what TurboTax (Deluxe, Mac/PC edition) told me to do. when I connected it to my robinhood account, it gave some sort of an error. I have short term gain (B) showing on my 1099-B. Can I somehow e-file everything? I am okay "not summarizing"
April 7, 2025
6:00 PM
I ended up removing TurboTax 2024 and then reinstalling it and I was able to get the required updates.
April 7, 2025
6:00 PM
Several states do not have a state income tax. So these states will not show up in certain drop down lists:
Alaska, Florida, Nevada, South Dakota, Tennessee, Texas, Washington and Wyoming
April 7, 2025
6:00 PM
i want to add federal withholding credit while filing. where to add
Topics:
April 7, 2025
5:59 PM
Every URL I go to does not have an option to sign in and put in my code! I just want to start1
Topics:
April 7, 2025
5:59 PM
AmyC, Thank you for taking time to review my TurboTax issue. I’m providing here additional details that should clarify what I see as a code bug in TurboTax 2024 Home and Business edition. ...
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AmyC, Thank you for taking time to review my TurboTax issue. I’m providing here additional details that should clarify what I see as a code bug in TurboTax 2024 Home and Business edition. I submit my 2024 tax return in February 2025, Turbo Tax calculated my refund to be $8013. I receive a letter from the IRS stating that “We have found an error on your 2024 Form 1040-SR, which affects the following area of your return” Itemized Deductions Further, IRS stated that: “We changed the amount claimed as total gifts to charity on your Schedule A, Itemized Deductions, because it was figured incorrectly or the amount was not limited based on your adjusted gross income.” Upon further review I found on TurboTax the following example: If your adjusted gross income is $50,000, and you donated $20,000 in cash, and $15,000 worth of goods. You can deduct only $5,000 of the goods this year ($25,000 limit - $20,000 cash donation = $5,000). Next year, you can deduct the remaining $10,000 (depending, of course, on your AGI). See charitable contribution carryover deduction for more information about charitable carryovers. I determined that using this example and applying it to my return TurboTax did not limit my deduction correctly, TurboTax applied all of my 2024 cash donations, 2024 non-cash donation and my 2023 carryover deduction with applying the limit to the results on line 14 on Schedule A See calculation: I am also including the Charitable Contributions from the Tax Return Transcript - Schedule A I believe that TurboTax has a programing/calculation error that must be acknowledged and fixed.
April 7, 2025
5:59 PM
Topics:
April 7, 2025
5:58 PM
Thank you. After reviewing anther Q&As, I tried going to https://shopping.turbotax.intuit.com/unified/downloads/myaccounts?route=MYACCOUNTS&cgcview=billing and there I could update my credit card ...
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Thank you. After reviewing anther Q&As, I tried going to https://shopping.turbotax.intuit.com/unified/downloads/myaccounts?route=MYACCOUNTS&cgcview=billing and there I could update my credit card account, which was asking me to enter the security code. After doing this, if I go to TT desk top, things worked in an expected way. TT needs to improve an error handling.
April 7, 2025
5:58 PM
TurboTax Home & Business for WIN and for Mac will prepare one Form 568 for a SMLLC Schedule C business for e-filing. The Form 3522 may need to be mailed.
If you have a Schedule C business, the ...
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TurboTax Home & Business for WIN and for Mac will prepare one Form 568 for a SMLLC Schedule C business for e-filing. The Form 3522 may need to be mailed.
If you have a Schedule C business, the California interview in the Mac version presents a question, "Is this business owned by a single member LLC?" If you answer "yes" to the question, TurboTax will lead you through the Form 568. You might try doing this in EasyStep mode rather than Forms mode.
The only new issue I've encountered with the Form 568 this year is that it sometimes didn't print the EIN at the top of the form. We have referred that issue for further investigation. However, all of the information including the EIN (it should have been entered on Schedule C) was in the form, so it still works for e-filing.
If you are having trouble making entries on your computer, try some troubleshooting steps:
You might try saving and exiting the return, exiting TurboTax and reopening the return.
See this help article for troubleshooting steps for Mac issues.
If you confirmed that you have all of the minimum system requirements, you might also try clearing your cache and cookies.
If after trying all of the options mentioned you still have the same problem:
See this help article for instructions on how to contact TurboTax customer support depending on which product you are using.
April 7, 2025
5:57 PM
Thank you very much. I do understand that is what I need to enter, but the TurboTax interface is asking sale price, sale dates, etc instead of letting me enter cost basis and earnings. How do I switc...
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Thank you very much. I do understand that is what I need to enter, but the TurboTax interface is asking sale price, sale dates, etc instead of letting me enter cost basis and earnings. How do I switch off that “easy” mode? thank you again.
April 7, 2025
5:57 PM
1 Cheer
You can elect to report your improvements as expenses if your gross receipts are less than $10,000,000 and your building has a unadjusted cost basis of less than $1,000,000. If so, you can expense th...
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You can elect to report your improvements as expenses if your gross receipts are less than $10,000,000 and your building has a unadjusted cost basis of less than $1,000,000. If so, you can expense the cost of your improvements up to 2% of the basis of your building or $10,000, whichever is less. You will see the option to take this election when you make an asset entry on the screen that says Let's see if you can claim these improvements as expenses:
You enter the cost of the improvements as miscellaneous expenses. The tools would not be deductible unless they were purchased specifically to make the improvements.