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I need to get a copy. I am stuck in a loop.  It keeps asking to download my State LLC forms.  This is getting ridiculous.  
This is what Turbo tax is doing. Stealing!!!! First, I have come across publicly available information across multiple platforms indicating that refund delays may be associated with funds being held... See more...
This is what Turbo tax is doing. Stealing!!!! First, I have come across publicly available information across multiple platforms indicating that refund delays may be associated with funds being held for accrued interest. Given the current lack of transparency in my case, I am requesting clarification as to whether my funds are being held for any such purpose. Second, your explanation regarding the movement of my refund does not make sense. You stated that the receiving bank, Cross River Bank, rejected the refund, and that the funds were then returned to that same bank before being sent back to the IRS for reissuance as a paper check. Turbo tax, Intuit Inc, has received my IRS refund and is refusing to release it. Claiming that it was rejected by their receiving bank and the funds are being sent back to the IRS. However, they still manage to withdraw the tax preparations fees from the funds that were rejected. Turbo tax stated that the refund was rejected by the receiving bank, Cross River Bank, which would indicate that the funds were never successfully received or deposited However, if the funds were in fact rejected and never received, please explain how TurboTax  Intuit was able to withdraw and process payment for my tax preparation fees from that same refund. This raises a critical question: If the funds were rejected and not received by the bank, how were fees successfully deducted from the refund? If Cross River Bank rejected the refund, how are the funds then routed back to that same bank? What specific process allows a bank that rejected a deposit to subsequently receive and transmit those same funds?   Below you will find the email response from Turbo Tax Intuit, Inc., Office of the president of Intuit.   Hello P I am emailing you from TurboTax Customer Care on behalf of Intuit's Office of the President. Thank you for taking the time to speak with me today. I am glad we were able to discuss your concerns. As a recap of your call, you expressed significant frustration after multiple interactions with representatives from TurboTax and Cross River Bank. You requested a clear timeline for when your refund would be deposited into your account. I advised that, unfortunately, there is no definitive timeline for the completion of this process. However, I mentioned that I would continue to research additional details and provide further updates regarding the resolution. After reviewing the situation and speaking to my colleagues, we have found that when a refund is rejected by the receiving bank, it is returned to the third-party bank (Cross River), which then sends the funds back to the Internal Revenue Service. From there, the IRS typically issues a paper check to the mailing address listed on the tax return. When a check is reissued on a case-by-case basis, it is mailed via USPS. Please note that tracking numbers are not provided for these checks. Delivery typically takes 10–14 business days, though the exact timeframe may vary depending on the your local mail carrier and regional mail processing times. After determining this information and getting a final explanation, we will be closing this case. If you have any future questions or concerns, visit https://www.intuit.com/support. We have resources, frequently asked questions, and experts standing by to help. Thank you for being an Intuit customer.   Respectfully,   Desiree' C. TurboTax Customer Care
You can depreciate your rental property over 27.5 years by navigating to the rental property section and selecting add an asset to claim depreciation.    Here's how to do this in TurboTax Online: ... See more...
You can depreciate your rental property over 27.5 years by navigating to the rental property section and selecting add an asset to claim depreciation.    Here's how to do this in TurboTax Online:   Navigate to Federal > Income > Wages & Income Summary > Rentals, Royalties, and Farm > Rental Properties and Royalties (Sch E) Edit the rental using the pencil icon, or create a rental if not yet started. Choose add expense or asset, chooses Rental property in the list of asset options, then continue. Now, navigate to Assets in the expense list, choose the pencil icon next to Rental property.  Choose Add to add assets.  Enter information about the property, selecting Rental real estate property form the dropdown in the box titled Select an asset category. This selection depreciates the property over 27.5 years. Here is some information you may find helpful: Rental Real Estate and Taxes
be sure that for each of you, use the adjusted gross income from your separate 2024 returns. Not the dummy 2024 return which the IRS never got. 
There are issues. 1) The 2024 K-1 should go on your 2024 1040 but that 2025 date creates issues with a potential mismatch. It should have been issued on a 2024 K-1. Of course, if part III is all ze... See more...
There are issues. 1) The 2024 K-1 should go on your 2024 1040 but that 2025 date creates issues with a potential mismatch. It should have been issued on a 2024 K-1. Of course, if part III is all zeroes, there's nothing to enter     3) Turbotax does not calculate basis. However, it would be the cash you put in + income - losses - deductions - credits - distributions (other than liquidating distributions) for all the years it existed. That info might be in section L of the K-1, except that liquidating distributions would be included on the line for withdrawals and distributions.  then you enter in the disposition section of the 2025 K-1, that it was sold  If you received the property in liquidation of your interest (you apparently did), your basis in the distributed property (the sales price) is equal to the adjusted basis of your partnership interest reduced by any cash distributed in the same transaction. Using the information provided by the partnership and your own records, complete a Form 7217 for each date on which you receive a liquidating or non-liquidating distribution of property from the partnership. Attach the Form(s) 7217 to your income tax return. Thus, you will have no capital gain or loss upon the partnership termination. If and when you sell the distributed property, you will have a capital gain or loss measured by the difference between its selling price and its basis. Form 7217 is not included with TurboTax; you'll have to prepare it manually and then mail in your return.  Forn 7217   
@ Mike9241   I don't believe the user is asking about an IP PIN.  I believe he is referring to the 6-digit email verification code that some people need when efiling when they have not yet verified t... See more...
@ Mike9241   I don't believe the user is asking about an IP PIN.  I believe he is referring to the 6-digit email verification code that some people need when efiling when they have not yet verified their email address.   @ matthewnace151   Is that your situation--are you trying to receive the 6-digit email verification code you need when you go through the efiling process?   If so, check your email's spam/junk folder to see if the code is ending up there.   If that's not the problem, you can go to your settings in your Intuit Account and may be able to verify your email address there if it's not verified.  Or you can change the email address if desired (using the steps below.)     Here's how: In the left menu column scroll way down to Intuit Account. Then once in the account choose tab Sign In & Security. See if your email address has a tiny link beside it that says "not verified".  If so, click that to verify. Perhaps once you verify it there in the account settings, it won't ask you to verify it again when you are efiling. Or you can change the notifications email address, if desired.  If you do, also verify it while you are in the account settings. If after all that, you still can't resolve your issue, here's how to reach TurboTax Support 5AM-9PM Pacific, 7 days/week.   FAQ: What is the TurboTax phone number? https://ttlc.intuit.com/community/using-turbotax/help/what-is-the-turbotax-phone-number/00/25632   If you use Free Edition and don't have phone support, another way to reach them if you have social media is to direct message a Support agent: https://x.com/TeamTurboTax or https://www.facebook.com/turbotax
There are numerous possibilities why your actual refund would be less than the refund on your tax return.  Examples include a data entry error, a tax form was omitted, an underpayment of estimated ta... See more...
There are numerous possibilities why your actual refund would be less than the refund on your tax return.  Examples include a data entry error, a tax form was omitted, an underpayment of estimated tax penalty, a balance due from the prior year, etc.  There is no way for us to know, as we don't have access to your tax information.  The state should send you a letter explaining why there is a difference.  If you don't receive a letter, you can always call the North Carolina Department of Revenue and ask them.
Thank You!!!
The representatives from the office of the president are the same. Please see the email below that I recieved from them. No accountability and they are scammers. Make it make sense.  This is what Tu... See more...
The representatives from the office of the president are the same. Please see the email below that I recieved from them. No accountability and they are scammers. Make it make sense.  This is what Turbo tax is doing. Stealing!!!! First, I have come across publicly available information across multiple platforms indicating that refund delays may be associated with funds being held for accrued interest. Given the current lack of transparency in my case, I am requesting clarification as to whether my funds are being held for any such purpose. Second, your explanation regarding the movement of my refund does not make sense. You stated that the receiving bank, Cross River Bank, rejected the refund, and that the funds were then returned to that same bank before being sent back to the IRS for reissuance as a paper check. Turbo tax, Intuit Inc, has received my IRS refund and is refusing to release it. Claiming that it was rejected by their receiving bank and the funds are being sent back to the IRS. However, they still manage to withdraw the tax preparations fees from the funds that were rejected. Turbo tax stated that the refund was rejected by the receiving bank, Cross River Bank, which would indicate that the funds were never successfully received or deposited However, if the funds were in fact rejected and never received, please explain how TurboTax  Intuit was able to withdraw and process payment for my tax preparation fees from that same refund. This raises a critical question: If the funds were rejected and not received by the bank, how were fees successfully deducted from the refund? If Cross River Bank rejected the refund, how are the funds then routed back to that same bank? What specific process allows a bank that rejected a deposit to subsequently receive and transmit those same funds?   Below you will find the email response from Turbo Tax Intuit, Inc., Office of the president of Intuit.   Hello P I am emailing you from TurboTax Customer Care on behalf of Intuit's Office of the President. Thank you for taking the time to speak with me today. I am glad we were able to discuss your concerns. As a recap of your call, you expressed significant frustration after multiple interactions with representatives from TurboTax and Cross River Bank. You requested a clear timeline for when your refund would be deposited into your account. I advised that, unfortunately, there is no definitive timeline for the completion of this process. However, I mentioned that I would continue to research additional details and provide further updates regarding the resolution. After reviewing the situation and speaking to my colleagues, we have found that when a refund is rejected by the receiving bank, it is returned to the third-party bank (Cross River), which then sends the funds back to the Internal Revenue Service. From there, the IRS typically issues a paper check to the mailing address listed on the tax return. When a check is reissued on a case-by-case basis, it is mailed via USPS. Please note that tracking numbers are not provided for these checks. Delivery typically takes 10–14 business days, though the exact timeframe may vary depending on the your local mail carrier and regional mail processing times. After determining this information and getting a final explanation, we will be closing this case. If you have any future questions or concerns, visit https://www.intuit.com/support. We have resources, frequently asked questions, and experts standing by to help. Thank you for being an Intuit customer.   Respectfully,   Desiree' C. TurboTax Customer Care
Yes, you can do a tax-free rollover of 529 funds to a Roth IRA; however, this does not need to be reported on your tax return, particularly if you're the recipient of the 1099-Q and the Roth IRA is f... See more...
Yes, you can do a tax-free rollover of 529 funds to a Roth IRA; however, this does not need to be reported on your tax return, particularly if you're the recipient of the 1099-Q and the Roth IRA is for the beneficiary.   If that applies, the beneficiary keeps Form 5498 as documentation, and may receive a 1099-R reporting the non-taxable rollover.  The checkbox on form 1099-Q is for your records to indicate that the rollover was done with 529 funds.   Here's more info from IRS Pub. 970.   @user17738638037 
I don’t think you understand my question. I’m asking about the principal repayment using the foreign cash I earned before I became a US tax resident.
Is zeroing out the negative cost basis and increasing/decreasing the proceeds to achieve the same gain(loss) acceptable to the IRS?
I filed my federal return a couple weeks ago.  It has been accepted and refund received.  I went back to file my state return tonight, and there is no option to ONLY file the state return.  I am usin... See more...
I filed my federal return a couple weeks ago.  It has been accepted and refund received.  I went back to file my state return tonight, and there is no option to ONLY file the state return.  I am using the desktop software, and the only option to file the return is to efile the federal return first (again) and then efile the state.  I have paid the fee, and it is rejected saying the federal file is a duplicate - and it is.  I used the AI support, and it suggested updating and restarting the software, which I did.  After AI exhausted all of its suggestions, I was then asked to pay for support to solve this problem.  I’m beyond frustrated.  
If by "includes the company discount" you mean that the amount of ordinary income that was added to box 1 of your W-2 was also included in (added to) your cost basis of the stock, then Yes, select "d... See more...
If by "includes the company discount" you mean that the amount of ordinary income that was added to box 1 of your W-2 was also included in (added to) your cost basis of the stock, then Yes, select "don't adjust" when asked for cost basis.
This is what Turbo tax is doing. Stealing!!!! First, I have come across publicly available information across multiple platforms indicating that refund delays may be associated with funds being held... See more...
This is what Turbo tax is doing. Stealing!!!! First, I have come across publicly available information across multiple platforms indicating that refund delays may be associated with funds being held for accrued interest. Given the current lack of transparency in my case, I am requesting clarification as to whether my funds are being held for any such purpose. Second, your explanation regarding the movement of my refund does not make sense. You stated that the receiving bank, Cross River Bank, rejected the refund, and that the funds were then returned to that same bank before being sent back to the IRS for reissuance as a paper check. Turbo tax, Intuit Inc, has received my IRS refund and is refusing to release it. Claiming that it was rejected by their receiving bank and the funds are being sent back to the IRS. However, they still manage to withdraw the tax preparations fees from the funds that were rejected. Turbo tax stated that the refund was rejected by the receiving bank, Cross River Bank, which would indicate that the funds were never successfully received or deposited However, if the funds were in fact rejected and never received, please explain how TurboTax  Intuit was able to withdraw and process payment for my tax preparation fees from that same refund. This raises a critical question: If the funds were rejected and not received by the bank, how were fees successfully deducted from the refund? If Cross River Bank rejected the refund, how are the funds then routed back to that same bank? What specific process allows a bank that rejected a deposit to subsequently receive and transmit those same funds?   Below you will find the email response from Turbo Tax Intuit, Inc., Office of the president of Intuit.   Hello P I am emailing you from TurboTax Customer Care on behalf of Intuit's Office of the President. Thank you for taking the time to speak with me today. I am glad we were able to discuss your concerns. As a recap of your call, you expressed significant frustration after multiple interactions with representatives from TurboTax and Cross River Bank. You requested a clear timeline for when your refund would be deposited into your account. I advised that, unfortunately, there is no definitive timeline for the completion of this process. However, I mentioned that I would continue to research additional details and provide further updates regarding the resolution. After reviewing the situation and speaking to my colleagues, we have found that when a refund is rejected by the receiving bank, it is returned to the third-party bank (Cross River), which then sends the funds back to the Internal Revenue Service. From there, the IRS typically issues a paper check to the mailing address listed on the tax return. When a check is reissued on a case-by-case basis, it is mailed via USPS. Please note that tracking numbers are not provided for these checks. Delivery typically takes 10–14 business days, though the exact timeframe may vary depending on the your local mail carrier and regional mail processing times. After determining this information and getting a final explanation, we will be closing this case. If you have any future questions or concerns, visit https://www.intuit.com/support. We have resources, frequently asked questions, and experts standing by to help. Thank you for being an Intuit customer.   Respectfully,   Desiree' C. TurboTax Customer Care
TurboTax does not include foreign income excluded on Form 2555 in Form 1116.  If you have non-excluded foreign income that you paid Foreign Tax on, you'll enter the type of income, amount, and tax pa... See more...
TurboTax does not include foreign income excluded on Form 2555 in Form 1116.  If you have non-excluded foreign income that you paid Foreign Tax on, you'll enter the type of income, amount, and tax paid in the Foreign Tax Credit interview.   Here's more info on Claiming the Foreign Tax Credit.   @manaspa 
@LaShaunA3 no vehicle qualifies if purchased after 9/30/25 as the tax credit expired on that date.  So even of the OP purchased a vehicle that otherwise qualifies, it was not purchased until December... See more...
@LaShaunA3 no vehicle qualifies if purchased after 9/30/25 as the tax credit expired on that date.  So even of the OP purchased a vehicle that otherwise qualifies, it was not purchased until December.   
You can change this if you have not yet filed (if you have filed, you can file an amended return to make the update). Here's how to do this in TurboTax Online:   Navigate to My Info on the lef... See more...
You can change this if you have not yet filed (if you have filed, you can file an amended return to make the update). Here's how to do this in TurboTax Online:   Navigate to My Info on the left of your screen, Your household, select your granddaughter's name to expand, then choose "Revisit".  Continue through the interview until you  to the screen called "Tell us more about [granddaughter's name]'s situation." Here, check the first box, Full-time student in 2025.
This is what Turbo tax is doing. Stealing!!!! First, I have come across publicly available information across multiple platforms indicating that refund delays may be associated with funds being held... See more...
This is what Turbo tax is doing. Stealing!!!! First, I have come across publicly available information across multiple platforms indicating that refund delays may be associated with funds being held for accrued interest. Given the current lack of transparency in my case, I am requesting clarification as to whether my funds are being held for any such purpose. Second, your explanation regarding the movement of my refund does not make sense. You stated that the receiving bank, Cross River Bank, rejected the refund, and that the funds were then returned to that same bank before being sent back to the IRS for reissuance as a paper check. Turbo tax, Intuit Inc, has received my IRS refund and is refusing to release it. Claiming that it was rejected by their receiving back and the funds are being sent back to the IRS. However, they still manage to withdraw the tax preparations fees from the funds that were rejected. Turbo tax stated that the refund was rejected by the receiving bank, Cross River Bank, which would indicate that the funds were never successfully received or deposited However, if the funds were in fact rejected and never received, please explain how TurboTax  Intuit was able to withdraw and process payment for my tax preparation fees from that same refund. This raises a critical question: If the funds were rejected and not received by the bank, how were fees successfully deducted from the refund? If Cross River Bank rejected the refund, how are the funds then routed back to that same bank? What specific process allows a bank that rejected a deposit to subsequently receive and transmit those same funds?   Below you will find the email response from Turbo Tax Intuit, Inc., Office of the president of Intuit.   Hello P I am emailing you from TurboTax Customer Care on behalf of Intuit's Office of the President. Thank you for taking the time to speak with me today. I am glad we were able to discuss your concerns. As a recap of your call, you expressed significant frustration after multiple interactions with representatives from TurboTax and Cross River Bank. You requested a clear timeline for when your refund would be deposited into your account. I advised that, unfortunately, there is no definitive timeline for the completion of this process. However, I mentioned that I would continue to research additional details and provide further updates regarding the resolution. After reviewing the situation and speaking to my colleagues, we have found that when a refund is rejected by the receiving bank, it is returned to the third-party bank (Cross River), which then sends the funds back to the Internal Revenue Service. From there, the IRS typically issues a paper check to the mailing address listed on the tax return. When a check is reissued on a case-by-case basis, it is mailed via USPS. Please note that tracking numbers are not provided for these checks. Delivery typically takes 10–14 business days, though the exact timeframe may vary depending on the your local mail carrier and regional mail processing times. After determining this information and getting a final explanation, we will be closing this case. If you have any future questions or concerns, visit https://www.intuit.com/support. We have resources, frequently asked questions, and experts standing by to help. Thank you for being an Intuit customer.   Respectfully,   Desiree' C. TurboTax Customer Care