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I would like to prepare my elderly parents taxes.  They will sign and file, but I want to help them prepare their taxes, then file using Turbo Tax.  I have a Turbo Tax account that I've used for year... See more...
I would like to prepare my elderly parents taxes.  They will sign and file, but I want to help them prepare their taxes, then file using Turbo Tax.  I have a Turbo Tax account that I've used for years.   Can I prepare for my parents online using Turbo Tax? 
You should go back and check your entries.  You must meet both the ownership test and the use test to get the exclusion. If you answered one question wrong, the program will disqualify you.  To revie... See more...
You should go back and check your entries.  You must meet both the ownership test and the use test to get the exclusion. If you answered one question wrong, the program will disqualify you.  To review the entries: Open your return Go to the Wages & Income section The Sale of the Home section is under the Less Common Income Review your entries. There are questions about the time you lived at your home, if you used it for business or as a rental, If you had another sale of a home recently  property in the past couple of years, and if you bought your house as a like exchange.  All these will affect whether you qualify for the exclusion.  See the links and images below for your reference:   How does selling a home affect my taxes? Topic no. 701, Sale of your home            
These may be cities and towns in Ohio that will require you to file local income tax returns.  TurboTax supports all CCA and RITA returns.   The municipal income tax applies to Individuals who: ... See more...
These may be cities and towns in Ohio that will require you to file local income tax returns.  TurboTax supports all CCA and RITA returns.   The municipal income tax applies to Individuals who:   Earn taxable income in one or more Ohio municipalities, and  Live in a Ohio municipality. Individuals owe municipal income tax to the municipality(ies) in which they earn their income, AND may also owe municipal income tax to the municipality where they live.   Individuals may be subject to two municipal taxes:   Workplace – tax where earned by taxpayer, and Residence – tax where taxpayer resides See here and here.
  You have to access your own account and/or  print it for yourself using exactly the same account and user ID that you used when you prepared the return.    https://myturbotax.intuit.com/   ... See more...
  You have to access your own account and/or  print it for yourself using exactly the same account and user ID that you used when you prepared the return.    https://myturbotax.intuit.com/   Start a 2024 return online and enter some personal information  so that the menu on the left opens up and lets you access your past year returns.   https://ttlc.intuit.com/community/prior-year-return/help/how-do-i-access-my-prior-year-return/01/27010     https://ttlc.intuit.com/turbotax-support/en-us/help-article/import-export-data-files/save-2021-turbotax-online-return-pdf/L8dHfRkpT_US_en_US?uid=m5y4ch1y   Many people have multiple TT accounts and forget how to access them.  Log out of the account you are in now.     https://ttlc.intuit.com/turbotax-support/en-us/help-article/account-management/many-intuit-accounts-turbotax/L9aVfKS1Z_US_en_US?uid=ll5g6zcx Account Recovery     Or did you use the desktop version of TurboTax?  If so, the files are on your own hard drive or any backup device you used like a flash drive.     https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-return/find-last-year-tax-data-file-tax-file-computer/L0XJvPaJr_US_en_US?uid=m6gufxei     https://ttlc.intuit.com/turbotax-support/en-us/help-article/data-systems/find-tax-data-file-mac/L4VNGm33S_US_en_US?uid=m6guhab0 You can get a free transcript from the IRS or for a fee of $30, an actual copy of your tax return. https://www.irs.gov/individuals/get-transcript https://www.irs.gov/pub/irs-pdf/f4506.pdf       SAVE YOUR TAX RETURNS ! EVERY year before mid-October you should save a copy of your tax return as a pdf and print a copy of it for your records.  That way you will not be searching online frantically when you need it for a lender, FAFSA forms, your next tax return, etc.    https://ttlc.intuit.com/turbotax-support/en-us/help-article/import-export-data-files/save-2021-turbotax-online-return-pdf/L8dHfRkpT_US_en_US?uid=m6guj526   https://ttlc.intuit.com/turbotax-support/en-us/help-article/import-export-data-files/save-2021-turbotax-online-return-pdf/L8dHfRkpT_US_en_US?uid=m78eb8pc In order to transfer a past year return to the new return you need the tax file   https://ttlc.intuit.com/turbotax-support/en-us/help-article/import-export-data-files/save-turbotax-online-return-tax-data-file/L4xwOG3LF_US_en_US?uid=m6guk3xl   NOTE:  TurboTax and the IRS save returns for seven years.  Returns older than seven years are purged.  
@0_Legolas_0 wrote: Thanks @AmeliesUncle , and @Mike9241   it is not a short-term rental (AirBnB, etc) but a traditional single family rental.   I noticed that when I enter it in Sched-E section ... See more...
@0_Legolas_0 wrote: Thanks @AmeliesUncle , and @Mike9241   it is not a short-term rental (AirBnB, etc) but a traditional single family rental.   I noticed that when I enter it in Sched-E section it took it as active participation.  That said, I didn't check to see if it took just the depreciation or the total real losses :(   Your question is completely different than the original question.   If you "Actively Participate" and your income is below certain thresholds, you are allowed to take the loss from passive real estate (up to $25,000).  If you don't Actively Participate and/or your income is too high, you are not allowed to take the passive loss and it will carry forward.
You can find last year's Hawaii overpayment on your 2023 Form N-11 Line 42.  If you elected to apply some or all of that overpayment to 2024, the overpayment applied will be shown on Line 46.  
They don't tell you how much it costs. I want to talk to someone, but that info is hidden from me.
Were you able to get this figured out? I am in a similar situation and I also cannot get TurboTax to let me file as a resident of two states. 
That has to be some sort of state credit, but you have not told us what state you are in.  We cannot see your tax return.
Schedule A is incuded in the return when the itemized deduction is more beneficial than the standard deduction. Are you needing to enter your deductions so you can generate a Schedule A?   @rivmo... See more...
Schedule A is incuded in the return when the itemized deduction is more beneficial than the standard deduction. Are you needing to enter your deductions so you can generate a Schedule A?   @rivmom 
It seems that Roth IRA contributions are not tax deductable, so why are they in this category?
I have a residential rental home. I live in another property. Can I add home office deduction in Schedule E? If yes, where & how can I add it in Turbo Tax?   How do I know that the rental activity ... See more...
I have a residential rental home. I live in another property. Can I add home office deduction in Schedule E? If yes, where & how can I add it in Turbo Tax?   How do I know that the rental activity rises to the level of a 'business' in order to qualify for home office deduction?
Hi.  My wife is living and working abroad now.  She had to surrender her green card in 2023.  We will elect to have her treated as a tax resident for 2023 and beyond.  While we lived in the UK, we ge... See more...
Hi.  My wife is living and working abroad now.  She had to surrender her green card in 2023.  We will elect to have her treated as a tax resident for 2023 and beyond.  While we lived in the UK, we generated a lot of FTC carryover.  However, virtually all of that was generated by UK taxation of my income.  Now, I am living in the USA again.  For 2023 and beyond, can we use the FTC carryovers to offset US tax obligations from her foreign income?   Thank you
Greetings , I am reaching out because I would like help downloading my 2022 tax return 
Double check amounts on Forms 1099-k  and 1099-d Review investments and income section Check where numbers are input.
I see where to enter this income on the federal return but not sure where to enter on Oregon state return
I bought glasses from a local glasses shop in 2024. They submitted claims to my vision insurance provider on my behalf, and my vision insurance provider mailed me a check for partial approval of medi... See more...
I bought glasses from a local glasses shop in 2024. They submitted claims to my vision insurance provider on my behalf, and my vision insurance provider mailed me a check for partial approval of medical coverage. How do I report this; does this go in the income section?
If you owe tax due, you have to pay it yourself by the filing deadline on April 15, 2025.      If you have federal tax due you can pay by mailing your payment with the 1040V voucher, (which has... See more...
If you owe tax due, you have to pay it yourself by the filing deadline on April 15, 2025.      If you have federal tax due you can pay by mailing your payment with the 1040V voucher, (which has the address printed on it, having the payment taken out of a designated bank account, or you can pay directly on the IRS website.    https://www.irs.gov/payments     https://ttlc.intuit.com/community/tax-payments/help/how-can-i-pay-my-federal-taxes/00/26212     https://ttlc.intuit.com/community/tax-payments/help/how-do-i-pay-my-irs-tax-due-with-a-check-or-money-order/00/26403      To apply for a payment plan with the IRS   Apply Online for a Payment Plan     You must pay your state tax due using the state’s preferred method of receiving payment.  For most states that will be by making a payment to the state’s own tax website, or by mailing a check or money order.     https://ttlc.intuit.com/turbotax-support/en-us/help-article/state-taxes/contact-state-department-revenue/L9qVToi02_US_en_US?uid=m6e06um0
It depends on what type of income you are subtracting.  Part 2 would be income subtractions for a partner, shareholder, or beneficiary; so look at your Schedule K-1 forms.
If you imported your 1099-R, I'd suggest deleting the import and entering your 1099-R manually, as issued.   If you're using TurboTax Online, clear your Cache and Cookies first.   @thamberg  ... See more...
If you imported your 1099-R, I'd suggest deleting the import and entering your 1099-R manually, as issued.   If you're using TurboTax Online, clear your Cache and Cookies first.   @thamberg