turbotax icon
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

All Posts

it's hard to nail down without your filing status and other info how the income is made up (long term cap gains etc) but rough thoughts...   1) 23493.1 (Box 1b+2a) taxed at long term cap gain rates... See more...
it's hard to nail down without your filing status and other info how the income is made up (long term cap gains etc) but rough thoughts...   1) 23493.1 (Box 1b+2a) taxed at long term cap gain rates likely hitting 15% = $3523   2) 9325.1 (Box 1a - 1b) taxed at ordinary income rates not sure you filing status and bracket but if single it could be as much as 35% = $3264.   (see Qualified Dividends and Capital Gain Tax Worksheet for the calcs/tax table amounts for 1+2).   3) you're saying nothing else changed on 1040 but do you mean before Line 15; is there effect on tax reported by Schedule 2 / Form 8960 / 1040 Line 23 due to NIIT?  This would 3.8% for some amount, possibly not all of the amount from this 1099 depending on threshold but Form 8960 would be adding in Box 1a + 2a (32819) with your other investment income in the threshold/calcs.   1+2 at least get to $6787 you had $6953 effect so it's a reasonable tax amount from what I can see, but depends on your return details but hopefully this helps point you in the direction of what to look for to tie it out.
You can't, unless your tax return is rejected.  If it is rejected you can make changes to your return.  Once it has been transmitted, not changes can be made unless it is rejected.  You will have to ... See more...
You can't, unless your tax return is rejected.  If it is rejected you can make changes to your return.  Once it has been transmitted, not changes can be made unless it is rejected.  You will have to file an amended return to make any changes.  You should wait until your return has been accepted and you have received your refund (if you are expecting one) before you amend your return.  For information on how to file an amended return see the following:  How to File an Amended Tax Return with the IRS
Check your documentation that came with your K-1 and see if it is listed there.
If your 1040-X says pay again, you did not fill it out correctly. If your 1040-X specified direct debit and you SUBMITTED it you will pay twice. after many months, IRS will refund you. @el415 
Boxes 18-20 should all be blank or all have entries.
I got emails from ID Notify explaining that this is part of my Turbotax subscription and to login to Turbotaxonline to access but I cannot find.
To file an extension for 2024. If you are using a desktop version of TurboTax you can file an extension for your tax return using the instructions in this link: How do I file an IRS tax extension?  ... See more...
To file an extension for 2024. If you are using a desktop version of TurboTax you can file an extension for your tax return using the instructions in this link: How do I file an IRS tax extension?    If you   used TurboTax Online, to apply for an extension in your TurboTax program, you can do the following: Click on the search icon in the upper right of your TurboTax screen Type "extend" in your search box Click on the link "Jump to extend" Your screen will say "Applying for an Extension" Answer "Yes" to the question "program," Select "Continue" Follow the TurboTax screens and answer all of the follow-up questions           You can click this link federal tax extension to start an extension.   Click here for How to File a Tax Extension: A Step-By-Step Guide
Try a Manual Update.     Here's some info on How to Switch Out of 'S' Mode for Windows 11.   Make sure you're running as Administrator, and on C drive.   @Mossy9   
You must report the Delaware amounts for the time you worked in Delaware.  You must also report all the income on your Virginia return because you are a Virginia resident.  For Virginia, you will get... See more...
You must report the Delaware amounts for the time you worked in Delaware.  You must also report all the income on your Virginia return because you are a Virginia resident.  For Virginia, you will get a credit for the taxes paid to Delaware so you are not double taxed.
I keep getting an error and have to recheck my eBay 1099 when I have entered everything correctly. I check all items sold at a loss. There is nothing to dispute. I cannot understand this and it's pre... See more...
I keep getting an error and have to recheck my eBay 1099 when I have entered everything correctly. I check all items sold at a loss. There is nothing to dispute. I cannot understand this and it's preventing me from filing. I HATE TURBOTAX
You can enter the carryover totals in your 2024 return.    Go to federal>deductions and credits>estimate and other taxes paid Foreign taxes >start  Continue through the screens until it a... See more...
You can enter the carryover totals in your 2024 return.    Go to federal>deductions and credits>estimate and other taxes paid Foreign taxes >start  Continue through the screens until it asks if you are taking credit or deduction. Say you are taking a credit. Continue until it asks No Other Income or Expenses here you will say no When it asks, for income type, make any selection. Press continue until you reach a screen that says country summary, press done.  Press continue all the way through and you will reach the carryover screen  Here you can record all of the past and present carryover amounts.
To force TurboTax to calculate the gain as long term, you can enter a date that's at least one year before the transfer date. Include Section 1235 Transfer in the description.
Search for 8938 and use the jump to link to be taken to the foreign accounts question.   Answer NO and delete form 8938 if one was started.     How to delete forms in TurboTax Online   How to... See more...
Search for 8938 and use the jump to link to be taken to the foreign accounts question.   Answer NO and delete form 8938 if one was started.     How to delete forms in TurboTax Online   How to delete forms in TurboTax Desktop  
It sounds like you are referring to state cash assistance. That type of assistance is not taxable and does not need to be reported on your tax return. 
Your Adjusted Gross Income for tax year 2023 is on the 2023 federal tax return Form 1040 Line 11   See this TurboTax support FAQ for the AGI - https://ttlc.intuit.com/turbotax-support/en-us/help-... See more...
Your Adjusted Gross Income for tax year 2023 is on the 2023 federal tax return Form 1040 Line 11   See this TurboTax support FAQ for the AGI - https://ttlc.intuit.com/turbotax-support/en-us/help-article/internal-revenue-service/find-last-year-agi/L0SiDtTNI_US_en_US?uid=m9j2aqf5