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April 15, 2025
5:11 PM
April 15, 2025
5:10 PM
my son was a lab assistant at his university. His W-2 only has an amount for box one. The rest of the W-2 is blank. Every single box. Is this money taxable? It is likely paid from a grant or somethin...
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my son was a lab assistant at his university. His W-2 only has an amount for box one. The rest of the W-2 is blank. Every single box. Is this money taxable? It is likely paid from a grant or something I am guessing
April 15, 2025
5:10 PM
If your Efile is Rejected, you won't have to pay to Efile again.
What was the error message you received?
An option would be to remove her as a dependent ($500 difference) and Efile now...
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If your Efile is Rejected, you won't have to pay to Efile again.
What was the error message you received?
An option would be to remove her as a dependent ($500 difference) and Efile now, then Amend by mail later and add her.
If you're using TurboTax Online, clear your Cache and Cookies before efiling again.
@DeuCeNTX
April 15, 2025
5:10 PM
April 15, 2025
5:10 PM
You can try contacting TurboTax Customer service using this link: Turbo Tax Customer Service.
April 15, 2025
5:10 PM
You can't - You can pay past 04/15 (up to a year in advance) at the IRS Payments site. For Georgia, see the GA-DOR.
April 15, 2025
5:09 PM
Topics:
April 15, 2025
5:09 PM
Can you move forward in the program from there? You can select "File" and proceed with your checkout if you have not checked out yet.
April 15, 2025
5:09 PM
I filed on April 12, and both Federal and State were accepted by April 14. I found another 1099-R. How do I fix my return to include this. It's the evening of April 15. Thanks.
Topics:
April 15, 2025
5:09 PM
On a tax return already efiled with taxes due, a wrong bank account was submitted. How do I correct, do I have to submit amended return?
April 15, 2025
5:09 PM
Since Ponzi-type losses are out of scope for TurboTax, we can't advise how to enter them. See the link below for more information:
Calculations TurboTax Doesn't Handle
From <https:/...
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Since Ponzi-type losses are out of scope for TurboTax, we can't advise how to enter them. See the link below for more information:
Calculations TurboTax Doesn't Handle
From <https://turbotax.response.lithium.com/console/agent/17476036?>
The document states on page 16:
7. Investment Fraud: The program does not support tax losses from investment fraud.
Ponzi schemes are a type of investment fraud. The TurboTax program doesn't support these calculations. This would include the versions that the Full Service experts are using.
If, on the other hand, you can substantiate that you have a worthless investment, you can enter that as a capital loss. See this TurboTax blog article for more information.
You can claim a casualty loss deduction using Form 4684 for Ponzi scheme losses; however, the issues of when the qualifying theft occurred and the relevant dollar amounts can be quite complex.
The TurboTax in-program guidance at a Learn More link in the Casualty Loss section states:
"We're sorry to hear about this loss. Unfortunately, this type of loss can be particularly complicated for tax purposes, and in many situations the tax treatment depends on factual determinations best handled by an attorney. TurboTax does not support tax losses from investment fraud. We recommend consulting a tax professional if you've experienced this situation."
The IRS Instructions for Form 4684 explain how to report a theft loss deduction for a Ponzi-type investment scheme.
See this IRS webpage for more information for taxpayers affected by Ponzi scheme losses.
April 15, 2025
5:09 PM
I sold my book of business to another agency, I put into turbo tax that I sold/disposed of the business however nowhere does it ask me to put in any monetary amount for what I received. Where does...
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I sold my book of business to another agency, I put into turbo tax that I sold/disposed of the business however nowhere does it ask me to put in any monetary amount for what I received. Where does that go?
Topics:
April 15, 2025
5:08 PM
Rejected federal return. Now, it is asking for my credit card again to pay my taxes. Will I be charged twice by the government?
April 15, 2025
5:08 PM
TurboTax Business may be found here.
April 15, 2025
5:08 PM
April 15, 2025
5:08 PM
Great. So for rental property expenses like cleaning management fees etc just add up and put in miscellaneous section? insurance and mortgage interest are in those specific sections in rental expe...
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Great. So for rental property expenses like cleaning management fees etc just add up and put in miscellaneous section? insurance and mortgage interest are in those specific sections in rental expenses though correct??
April 15, 2025
5:08 PM
No, You cannot wait until next year to file your taxes. You need to file them this year and pay the amount you owe or set up payment arrangements with the IRS. If you choose to wait until next y...
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No, You cannot wait until next year to file your taxes. You need to file them this year and pay the amount you owe or set up payment arrangements with the IRS. If you choose to wait until next year to file, you would be subject to fines and penalties. Click here to file an extension. Remember an extension is just for extra time to file, not extra time to pay. If you are going to owe anything, you will still need to pay by April 15th.
You can pay directly via the IRS website which is the recommended way or you can pay by check. Be sure to include your SSN on your check and the tax year. If you are unable to pay your taxes in full, you should still file by April 15th, but you can apply for a payment plan from the IRS
April 15, 2025
5:07 PM
Why can't I get to the part where I edit my bank transactions
April 15, 2025
5:07 PM
If you didn't have an HSA in 2024 and your W-2 did not report that you contributed to your HSA (i.e. you did not have a "w" entered in box 12 of your Form W-2), you can do the following:
Cli...
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If you didn't have an HSA in 2024 and your W-2 did not report that you contributed to your HSA (i.e. you did not have a "w" entered in box 12 of your Form W-2), you can do the following:
Click on "Search" in the top right of your TurboTax screen
Type "hsa" in the search box
Select "Jump to hsa"
Your screen will say, "Tell us about health-related accounts you had in 2024"
Select "None of the above"
Select "Continue"
Answer the follow-up screens about your situation. (Delete any entries that may indicate you have an HSA if there are any).
You can also delete your Form 8889 from your tax return using the instructions below.
In TurboTax Desktop:
Switch to Forms mode by clicking on "Forms" at your upper right corner of your TurboTax screen
In your left panel search for "Form 8889"
Select the form by clicking on it
In your right panel of your TurboTax screen select "Delete Form"
In TurboTax Online you will:
Continue your return
In your left panel click on "Tax Tools" and then "Tools"
Scroll down to "Delete a form"
Select the Form 8889 from your list of forms and
Select" Delete"
To search for your HSA entry screens, you can type "HSA" in your search box. It will look something like this:
Click here for "What Is the IRS Form 8889?
April 15, 2025
5:07 PM
If you set up your state's payment to come out of your return, then you don't need to make an additional payment. State returns get approved after the federal return does. It's normal for them to s...
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If you set up your state's payment to come out of your return, then you don't need to make an additional payment. State returns get approved after the federal return does. It's normal for them to show as pending while the federal goes through.
If you didn't set up your state payment, then most states will allow you to make payments on their website, or you can mail a payment.
How do I contact my state Department of Revenue?