All Posts
April 14, 2025
8:13 PM
1 Cheer
I built the original 2024 TurboTax return as Married Filing Jointly. However, the What-If worksheet split most of the values in half, and the results were more favorable as Married Filing Separately...
See more...
I built the original 2024 TurboTax return as Married Filing Jointly. However, the What-If worksheet split most of the values in half, and the results were more favorable as Married Filing Separately. Is there a way to automatically create the two MFS returns without having to manually enter the differing data across all the impacted sections? Thanks in advance!
April 14, 2025
8:12 PM
help
April 14, 2025
8:12 PM
April 14, 2025
8:11 PM
North Carolina
April 14, 2025
8:11 PM
If you started in the Free Edition and entered any data that required any extra forms or schedules, you have to upgrade to a paid version and if you are watching the screens carefully you are alerted...
See more...
If you started in the Free Edition and entered any data that required any extra forms or schedules, you have to upgrade to a paid version and if you are watching the screens carefully you are alerted to the upgrade.
TurboTax Online: Important Details about Filing Simple Form 1040 Returns
If you have a simple Form 1040 return only (no forms or schedules except as needed to claim the Earned Income Tax Credit, Child Tax Credit or student loan interest), you can file for free yourself with TurboTax Free Edition, or you can file with TurboTax Live Assisted Basic at the listed price. Roughly 37% of taxpayers are eligible.
Examples of situations included in a simple Form 1040 return (assuming no added tax complexity):
W-2 income
Interest, dividends or original issue discounts (1099-INT/1099-DIV/1099-OID) that don’t require filing a Schedule B
IRS standard deduction
Earned Income Tax Credit (EITC)
Child Tax Credit (CTC)
Student loan interest deduction
Taxable qualified retirement plan distributions
Examples of situations not included in a simple Form 1040 return:
Itemized deductions claimed on Schedule A, like charitable contributions, medical expenses, mortgage interest and state and local tax deductions
Unemployment income reported on a 1099-G
Business or 1099-NEC income (often reported by those who are self-employed, gig workers or freelancers)
Stock sales (including crypto investments)
Income from rental property or property sales
Credits, deductions and income reported on other forms or schedules
1095A for marketplace health insurance
How can I see my TurboTax fees?
https://ttlc.intuit.com/turbotax-support/en-us/help-article/intuit-account-billing/review-fees-turbotax-online/L1XnIzgzg_US_en_US?uid=m682vq7k
If your TurboTax fees are higher than expected, you can reduce them by removing add-ons (BEFORE you e-file) :
Remove Premium Services
Remove MAX Defend & Restore
Remove a state
Remove PLUS Help & Support
Remove Pay With Your Refund
Or—-Use this IRS site for other ways to file for free. There are 8 free software versions available from the IRS Free File site
https://apps.irs.gov/app/freeFile/
Or—if you live in certain states you may be eligible to use the new IRS Direct File
In Filing Season 2025, Direct File will be available in Alaska, Arizona, California, Connecticut, Florida, Idaho, Kansas, Maine, Maryland, Massachusetts, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, Oregon, Pennsylvania, South Dakota, Tennessee, Texas, Washington, Wisconsin, and Wyoming.
https://directfile.irs.gov/
https://home.treasury.gov/news/press-releases/jy2629
April 14, 2025
8:11 PM
Yes does not let me continue with my federal tax
April 14, 2025
8:10 PM
Topics:
April 14, 2025
8:10 PM
What tax form are you entering? And are you working on the federal or a state return? If a state, which state?
April 14, 2025
8:09 PM
Topics:
April 14, 2025
8:09 PM
Suppose in Year 1, I have a long-term capital loss of $10,000. I use the $3,000 to offset my ordinary income in year 1 and carryover the remaining $7,000 to future years. Now suppose in Year 2, I...
See more...
Suppose in Year 1, I have a long-term capital loss of $10,000. I use the $3,000 to offset my ordinary income in year 1 and carryover the remaining $7,000 to future years. Now suppose in Year 2, I have long-term capital gains of $18,000. My question is: how much of the capital gains in Year 2 can I offset using my capital losses from Year 1? My understanding of capital loss carryover limitation is that the $3,000 limit only applies to ordinary income. Does the same limit apply to capital gains?
Topics:
April 14, 2025
8:09 PM
Topics:
April 14, 2025
8:09 PM
You need your 2023 AGI to efile 2024. The AGI is on 2023 1040 or 1040SR line 11. If you filed a Joint return you use the same AGI for each spouse. How to find the AGI. https://ttlc.intuit.com/com...
See more...
You need your 2023 AGI to efile 2024. The AGI is on 2023 1040 or 1040SR line 11. If you filed a Joint return you use the same AGI for each spouse. How to find the AGI. https://ttlc.intuit.com/community/agi/help/how-do-i-find-last-year-s-agi/01/25947 If you didn't file 2023 or filed it later in the year or mailed it, then try entering 0 for the AGI. If that doesn't work you will have to print and mail your return. Or request a transcript from the IRS https://www.irs.gov/individuals/get-transcript
April 14, 2025
8:09 PM
I added an incorrect value to the note and cannot find where to edit it in TurboTax but see it in my final filing review PDF
Topics:
April 14, 2025
8:08 PM
Topics:
April 14, 2025
8:08 PM
Posting a final update here about my experience with Turbotax's activation mayhem this year. Our family has 3 Macbooks that run Turbotax on, and this year mine ate up 3 of the 5 machine license a...
See more...
Posting a final update here about my experience with Turbotax's activation mayhem this year. Our family has 3 Macbooks that run Turbotax on, and this year mine ate up 3 of the 5 machine license activations (Turbotax kept thinking it was a new machine, as discussed earlier), our daughter's computer behaved normally, and the last one ate up 2 activations, the 2nd activation happening right after our son-in-law updated Turbotax as he was just about to hit the button to file his taxes. That locked him out of Turbotax and he couldn't file. I spent the next hour and a half on the phone with various Turbotax customer support people who had no idea about the problem, the first even insisting that there's no machine activation limit and that I must have filed 5 federal returns so they can't help me (no, and that isn't even remotely related to the computer activation problem I explained). She put me on hold a couple times, managing to hang up on me once, but to her credit she called back, then said she'd have to put me through to her supervisor, who I spoke with for about 20 seconds, before he put me on hold to check something, also hung up on me, and never called me back. After waiting 15 minutes for the call that never came, I called in again and reached a very helpful woman who explained to me that she didn't have the info to connect me to who I was speaking with before, so we'd have to start all over again. I explained what was going on with activations, pointed her to this support thread, and to my surprise, she looked at it, understood what I was saying and agreed that there was a technical problem. She searched for a solution for probably 20 minutes before she said "I don't see any way to really fix the problem, and I have no way to get any information to the development team about this, but I'll issue you a new license that should get you past your tax filing at least." She issued the new license, and my son-in-law was able to activate on his computer and file. Once I had the new license, I decided to run the software update on my own version of Turbotax which was still activated on my machine. As soon as the update finished, Turbotax presented me with the activation screen again and told me 5/5 machines had been activated. This was the 4th activation on my laptop, which had not been updated or had any hardware changes since I installed Turbotax this year. At this point, only one computer on the original license was still working with the other 4 activations used up (but not matching the computers we'd activated on). This is a great example of how bad the bug is. I entered the new license on my machine and was able to activate a 2nd seat on that one to gain access again. I just filed a return and in the Turbotax survey, I selected "0 chance that I'll recommend the software to anyone," explained the reason, and included a link to this discussion. Will that make a difference? Probably not. Our family has been filing with Turbotax for over 10 years, but next year we're moving on unless this thread gets updated by someone on the product/development team indicating that the problem is being looked into and has been fixed. Again, I'm happy to work through it with someone on the team; I'm a software engineer, so I can give you some good feedback. I hope the problem gets resolved, but at least there are other tax solutions now. I don't know what more to say. There's no way I'm going through this grief again next year.
April 14, 2025
8:08 PM
Phone support is not provided with the Free Edition. If you are using a paid version of the software or if you purchased PLUS you can get phone support when customer support is there. Otherwise, po...
See more...
Phone support is not provided with the Free Edition. If you are using a paid version of the software or if you purchased PLUS you can get phone support when customer support is there. Otherwise, post your question here and someone will try to help.
To call TurboTax customer support
https://ttlc.intuit.com/turbotax-support/en-us/help-article/account-management/contact-turbotax/L2y9ZKpQB_US_en_US?uid=m5s9l2vh
April 14, 2025
8:08 PM
Can you confirm that if I received an email from TurboTax saying that Colorado has accepted my return that I'm all done, I do not have to mail any other forms? Thanks!
April 14, 2025
8:08 PM
Nevada doesn't have an income tax, so you can report it as if you earned it in California, since you'll be taxed on your income from everywhere in California.
To avoid double-taxation, a cred...
See more...
Nevada doesn't have an income tax, so you can report it as if you earned it in California, since you'll be taxed on your income from everywhere in California.
To avoid double-taxation, a credit for taxes to paid to other states is allowed. But, since Nevada doesn't have an income tax, that is not applicable.
April 14, 2025
8:08 PM
Doesn’t Let me finish my taxes
Topics: