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April 5, 2025
3:20 PM
April 5, 2025
3:19 PM
1 Cheer
No, if you have no intention of returning to WI, there is no reason to pay taxes there. A part year resident will file Form 1NPR - Nonresident and Part-year Resident Income Tax Return.
You want...
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No, if you have no intention of returning to WI, there is no reason to pay taxes there. A part year resident will file Form 1NPR - Nonresident and Part-year Resident Income Tax Return.
You want your tax forms to be correct and we have to work with a program designed for people moving around -usually- inside the US. Don't let the questions scare you. Go ahead and allocate your income between WI and not WI.
April 5, 2025
3:18 PM
1 Cheer
@VolvoGirl has a good point. The way the item is showing in the Review screen may not match what's shown on the return. Check your entries in the Investment section to be sure the transaction is repo...
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@VolvoGirl has a good point. The way the item is showing in the Review screen may not match what's shown on the return. Check your entries in the Investment section to be sure the transaction is reported correctly.
@ningji
April 5, 2025
3:18 PM
File when you can pay your fees. Sorry---TurboTax does not let you file now and pay fees later---the only other option IF you are getting a federal refund --- is to pay the extra $40 refund proces...
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File when you can pay your fees. Sorry---TurboTax does not let you file now and pay fees later---the only other option IF you are getting a federal refund --- is to pay the extra $40 refund processing fee and have all of the fees deducted from your federal refund by a third party bank.
https://ttlc.intuit.com/community/payments/help/what-forms-of-payment-does-turbotax-online-accept/00/26079
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 5, 2025
3:17 PM
I have been using TT for many years and from year to year have a similar tax situation with some changes in overall income and expenses, but for some reason, this year the Health Insurance Premiums I...
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I have been using TT for many years and from year to year have a similar tax situation with some changes in overall income and expenses, but for some reason, this year the Health Insurance Premiums I report when entering the K-1 Info from my S-Corp, are being lumped into the medical deduction category. Last year they showed up on Schedule 1 - Adjustments to income, line 14 (Self-Employed Health Insurance Deduction). Even though I entered them in the same place this year and this is not a Marketplace health plan, this year the premiums are showing up on the Medical Expense Worksheet(Schedule A - Line 1) under "o" Other self-employed health insurance not deducted as an adj to income. This seem to be cauasing me to lose a bit more of a deduction overall for Medical Expenses from what I can tell. Other than these premiums, my Medical expenses were a bit more this year, so wondering if it moved them due to thresholds being met. Wondering if anyone could help me understand why this would happen, and if I can force the system to put it elseswhere to see the effects of that change. Those lines on the worksheets do not seem to allow me to override, so not sure what to do, or why this is happening. Thanks, Michael
April 5, 2025
3:16 PM
April 5, 2025
3:16 PM
If your income goes up, you creep into the phaseout zone where some and then all of your deduction is denied. return of excess contribution: before tax filing date including extension: positive ...
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If your income goes up, you creep into the phaseout zone where some and then all of your deduction is denied. return of excess contribution: before tax filing date including extension: positive earnings allocable to the excess are included in income on 1040 Line 4b for the year of the contribution. negative earnings are ignored; in any case, for purposes of basis, consider the original contribution amount as returned. ["Include the earnings in income for the year in which you made the contributions, not the year in which you withdraw them."] You must have a) filed by tax day, or b) requested an extension of time to file by tax day to take advantage of the Oct 15 deadline. positive earnings removed are no longer penalized 10% if you are under age 59 1/2. (eliminated in 2023) Consult your custodian to obtain the correct removal form for :excess plus earnings". --- You can't resolve the excess prior to the tax return due date without the custodian's help. your action generates a 1099-R and can be a problem next year if you do it yourself.
April 5, 2025
3:16 PM
Looks like the column is too narrow and not showing the -xx in front.
April 5, 2025
3:15 PM
Did not receive any 1099 form as the net amount after eBay's fees etc was nowhere close to $5000 or my state's $1000 1099-K threshold. But TurboTax is saying I still need to report the income, but do...
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Did not receive any 1099 form as the net amount after eBay's fees etc was nowhere close to $5000 or my state's $1000 1099-K threshold. But TurboTax is saying I still need to report the income, but doesn't give further instructions on where to do it.
Topics:
April 5, 2025
3:15 PM
I purchased Intuit turbotax (Premier) for PC only in Walmart, when I open the box there is no activation code included. Can someone help how to get the activation code. Thanks
Topics:
April 5, 2025
3:14 PM
If you made full or partial payment before filing the return, not with an extension. enter the payment(s) in the Federal section under Deductions and Credits, Additional Payments under Estimated Tax ...
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If you made full or partial payment before filing the return, not with an extension. enter the payment(s) in the Federal section under Deductions and Credits, Additional Payments under Estimated Tax Payments.
In TurboTax Online:
Go to Deductions & Credits
Select Estimated Tax Payments
Click Start or Revisit next to Federal estimated taxes for 2024
Scroll down to Additional Payments (it may not be visible from the top of the screen)
Enter the Date Paid and Amount Paid
@farleylai
April 5, 2025
3:14 PM
This doesn't work. There are multiple sites all over the web with many, many people having the same issue with this software. It needs to be fixed. I followed your instructions, deleted all the Fo...
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This doesn't work. There are multiple sites all over the web with many, many people having the same issue with this software. It needs to be fixed. I followed your instructions, deleted all the Form 2106's and re-entered everything to no avail. This is 3 or 4 years in a row that I'm dealing with the same b.s. after 7 hours of doing my taxes. Next year I switch.
April 5, 2025
3:13 PM
1 Cheer
You will report the Like-Kind exchange in 2025, but you can enter the adjusted basis on your 2024 tax return for the new rental property.
Yes, if the carry-over did not show on the 2023 tax year Wisconsin return, you'll need to amend the state return for that.
HERE is a link to a similar question about amending for capital loss.
HE...
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Yes, if the carry-over did not show on the 2023 tax year Wisconsin return, you'll need to amend the state return for that.
HERE is a link to a similar question about amending for capital loss.
HERE is a link to a similar question about entering capital loss on a Wisconsin return.
April 5, 2025
3:13 PM
I live in NJ, work in NY. Have been filing NY Non-Res and NJ Res returns without event. In 2024, I traveled to CA to meet a client from overseas. Total time spent in CA was 2 days. I was shocked ...
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I live in NJ, work in NY. Have been filing NY Non-Res and NJ Res returns without event. In 2024, I traveled to CA to meet a client from overseas. Total time spent in CA was 2 days. I was shocked by the W2s - besides NY and NJ, my employer reported $6K in CA wages and withheld $400 in taxes for those 2 days. I am on variable comp. No one in payroll could explain how they came up with the $6K. Just cited a policy change that requires income allocation based on business travel records. The meeting was of a social nature, no revenue was actually generated from it. I do not believe I owe CA any taxes, however Payroll wouldn't revise the W2. I wish to file a non-resident return to claim a full refund, however on the 540NR and Schedule CA, I don't seem to find a way to do so. Am I missing something?
Topics:
April 5, 2025
3:13 PM
i understand the dates are missing, but don't understand why it shows gain instead of loss. thanks !
April 5, 2025
3:12 PM
I received a 1099-MISC for playing music and this program won't let me complete it
April 5, 2025
3:12 PM
Help I clicked payment confirmation and nothing is happening
Topics:
April 5, 2025
3:11 PM
1 Cheer
Are you getting a review error letting you know you have negative income that you can continue past or are you getting an error that stops you from filing?
A review error makes sense, ignore it sin...
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Are you getting a review error letting you know you have negative income that you can continue past or are you getting an error that stops you from filing?
A review error makes sense, ignore it since you know you have negative income. Stopping you from filing is another issue. We tell lots of people to make a negative entry there for many reasons and they are able to efile. I wonder if there is something more going on. Will you double check where you are seeing the error and if you can go past it?
@tosei
April 5, 2025
3:11 PM
Humans open the envelopes. Then a human will enter your information into the system. Your address and information are on the Form 1040 inside the envelope. About 3 or 4 weeks after you mail a ret...
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Humans open the envelopes. Then a human will enter your information into the system. Your address and information are on the Form 1040 inside the envelope. About 3 or 4 weeks after you mail a return you should be able to see information for your refund on the IRS refund site.
TurboTax does not receive any updates from the IRS. Your ONLY source of information about your refund now is the IRS.
You need your filing status, your Social Security number and the exact amount (line 35a of your 2024 Form 1040) of your federal refund to track your Federal refund:
https://www.irs.gov/refunds
To track your state refund:
https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-refund/track-state-refund/L3jgO8PGs_US_en_US?uid=lt447ebr
