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May 1, 2025
2:18 PM
It's not coming up as an error in Turbotax - it won't let us Netfile. He does not have self-employment income, or a business. He did have to enter other employment expenses to account for a payment t...
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It's not coming up as an error in Turbotax - it won't let us Netfile. He does not have self-employment income, or a business. He did have to enter other employment expenses to account for a payment that went directly to his LTD insurance provider; but this wasn't entered anywhere as self-employment income.
May 1, 2025
2:18 PM
Please double check that your personal information (Name, address, SIN, etc…) is correct and matches what the CRA has on file for you.
May 1, 2025
2:15 PM
You are correct that you are ineligible to contribute for all of 2025 because of your spouse's FSA.
You can spend the money already in the HSA if you have qualified medical expenses. The rul...
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You are correct that you are ineligible to contribute for all of 2025 because of your spouse's FSA.
You can spend the money already in the HSA if you have qualified medical expenses. The rules for spending are separate from the rules for contributing. If you can spend the money for qualified medical expenses before Dec 31, 2025, you will avoid any penalties.
You should stop any voluntary contributions ASAP. You should also tell your employer you are not eligible for their free matching contribution.
The ineligible contributions (both voluntary and employee) will be added to your taxable income at the end of the year, because they are not eligible for a tax-free contribution. However, there is no additional penalty for making the contributions.
If you have funds remaining in the account at the end of the year that you are unable to spend on qualified medical expenses you have two options:
A. leave them in the account and pay a 6% penalty. This might be a good choice if you plan to be HSA-eligible in the future (such as your wife declines the FSA for 2026) because you can apply the excess contriubiton from 2025 towards your 2026 limit.
B. remove the funds from the account by asking the bank for a "return of excess contributions". The returned contributions are not taxable again (because you lost the tax deduction for the contributions already) but you would have to report as taxable income, any interest you earned on the excess.
But, if you can use up the excess with qualified medical expenses, there won't be a 6% penalty because the penalty is charged on the amount of excess contribution or the remaining balance, whichever is less.
May 1, 2025
2:10 PM
@skeough8 I'm sorry to hear of your loss.
You can't NETFILE a return for a deceased person. You need to print out and mail it, and the executor of the estate (or legal representative) needs to ...
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@skeough8 I'm sorry to hear of your loss.
You can't NETFILE a return for a deceased person. You need to print out and mail it, and the executor of the estate (or legal representative) needs to sign it.
May 1, 2025
1:58 PM
You can go back and "Review" your return if you have not already filed it. It is possible that you overlooked a warning because errors cannot be avoided. Warnings usually don't apply to everyone. If ...
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You can go back and "Review" your return if you have not already filed it. It is possible that you overlooked a warning because errors cannot be avoided. Warnings usually don't apply to everyone. If you have an error, you won't be able to Netfiile as it is strictly related to your tax information that you have entered .
Thank you for choosing TurboTax.
May 1, 2025
1:55 PM
@taxpayer2301 Two things: 1. Can you generate a token for your originally filed tax return as well? 2. Do you remember the sequence of how you started amending? Did you save as and then use the ...
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@taxpayer2301 Two things: 1. Can you generate a token for your originally filed tax return as well? 2. Do you remember the sequence of how you started amending? Did you save as and then use the original file to amend, or did you save as, and use the new file to amend?
Thank you!
May 1, 2025
1:55 PM
Background: * My benefits year is May 1, 2024 - Apr 30, 2025. * I have an HDHP with HSA from my employer * My employer contributes $250/mo to the HSA whether I contribute or not. * I have been ...
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Background: * My benefits year is May 1, 2024 - Apr 30, 2025. * I have an HDHP with HSA from my employer * My employer contributes $250/mo to the HSA whether I contribute or not. * I have been matching that contribution of $250/mo * My wife enrolled in an FSA plan at her employer which started in Jan 2025 * My wife's benefits year is Jan-Dec. What I've learned in the last month is that her FSA starting in January made me ineligible to contribute to the HSA in 2025. Her employer won't let her unwind the FSA, so I'm stuck with it. I can obviously stop my contributions to the HSA, but I (and my employer) have already contributed for 4.5 months this Tax year. All the money is still there. We haven't spent it and I've stopped using the money in the account until this is settled. I think these are my options, please correct me or point out any others: Mark myself ineligible at my employer. This will stop theirs and my contributions. Then, file the excess contribution form for both our contributions made from Jan-now, before filing for TY25. This means I'll technically lose some of my total compensation because they won't shift the remaining HSA payments to my regular income (I asked). Not great, but it's not the end of the world. Same as option 1, but I ask the HR dept to instruct the HSA administrator to return their contributions. Then I just have mine to file for excess. Set my contribution moving forward to zero. Allow my employer's contributions to continue and file an excess contribution form to withdraw all the money that went in there from Jan-Dec prior to filing my TY2025 return. I think this means I'll just have to pay taxes on that income like it's regular income. Is there anything I'm missing? I've a pretty solid grasp of basic taxes, but this is above my head. What penalties should I be looking forward to? I presume I should adjust my witholdings to account for increased AGI from the excess contributions, but is there anything else I need to prepare for?
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May 1, 2025
1:53 PM
I thought it was May 1, but turbo tax isn't letting me file one.
May 1, 2025
1:50 PM
May 1, 2025
1:50 PM
Yes, you are right about the basic personal amount. Just a note, if the person is 19 and over, they can benefit from the GST credit by filing their taxes.
We appreciate your feedback!
May 1, 2025
1:49 PM
In order to assist you properly, can you tell us which TurboTax version you are using, Online or Desktop?
It sounds like somewhere in the return it is checked that your wife is paying for spous...
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In order to assist you properly, can you tell us which TurboTax version you are using, Online or Desktop?
It sounds like somewhere in the return it is checked that your wife is paying for spouse contribution. To change this, follow these steps:
If you are using Desktop, in Forms mode:
Click on Forms tab (at the bottom of the page)
Select the INFOWS form
on 3rd page, answer NO to the question about Schedule K: Do you want to pay for your spouse's premium under Quebec prescription drug insurance plan?
Make sure it's no for both of you, unless you want to be the one paying for both.
In TurboTax Online, from 2024 tax return:
Click on Provincial // Quebec Prescription Drug insurance plan
The question will be at the bottom of the page where you select the option related to you.
Same as Desktop instructions, you have to answer NO for both spouses.
Thank you for choosing TurboTax.
May 1, 2025
1:49 PM
Is your spouse the partner or is it someone else? Are you using TurboTax Desktop or TurboTax Online?
May 1, 2025
1:43 PM
La case 194 représente les Frais admissibles aux fins du crédit d'impôt pour l'exploration minière (CIEM) et la case 239 représente les Frais admissibles aux fins du crédit d'impôt pour l'exploration...
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La case 194 représente les Frais admissibles aux fins du crédit d'impôt pour l'exploration minière (CIEM) et la case 239 représente les Frais admissibles aux fins du crédit d'impôt pour l'exploration de minéraux critiques (CIEMC) Le CIEM donne droit à un crédit de 15% et le CIEMC donne droit à un crédit de 30%. Est-ce que le montant de votre contribution à la ligne 194 et 239 est le même ou ce sont deux contributions différentes ? Si vous choisissez le 15 %, le montant des deux cases se calcule à la ligne 67170 du T2039. Si vous choisissez la CIEMC, seul le montant cotisé à la case 239 est applicable au 30%. Nous vous recommandons de contacter l'Agence du revenu du Canada pour confirmer. Contactez-nous - Canada.ca Merci de choisir TurboImpôt.
May 1, 2025
1:42 PM
Since I'm self-employed, I generally don't get a refund. Unusual circumstances led to my getting a refund check. I can't see the point in opening a joint account for what would be a rare occurrence ...
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Since I'm self-employed, I generally don't get a refund. Unusual circumstances led to my getting a refund check. I can't see the point in opening a joint account for what would be a rare occurrence and for what is a very small refund. Given the amount, I'd settle for just cashing the check.
May 1, 2025
1:42 PM
@Ric18 gma wrote:
please send me a copy federal 2023
You are the only one that can access a copy of your tax return -
To access your prior year online tax returns sign onto the Turbo...
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@Ric18 gma wrote:
please send me a copy federal 2023
You are the only one that can access a copy of your tax return -
To access your prior year online tax returns sign onto the TurboTax website with the User ID you used to create the account - https://myturbotax.intuit.com/
Start the 2024 online tax return by entering some personal information then click on Tax Home on the left side of the screen.
On the Tax Home webpage -
Scroll down to the section Your tax returns & documents. Click on the Year 2023 and Click on Download/print return (PDF)
If you used the desktop CD/Download editions installed on your computer, the only copy of your tax data file and any PDF's will be on the computer where the return was created. TurboTax does not store online any returns completed using the desktop editions.
Or go to this IRS website for free federal tax return transcripts - https://www.irs.gov/individuals/get-transcript
For a fee of $30 you can get a complete federal tax return from the IRS by completing Form 4506 - http://www.irs.gov/pub/irs-pdf/f4506.pdf
May 1, 2025
1:40 PM
Did the letter say the total funds were for a "Total Amount" or a "Total Principal"? If it said "Total Principal" then there was no interest paid out.
May 1, 2025
1:40 PM
Do i have to add them
May 1, 2025
1:38 PM
Sachant que pendant cette periode je n'ai pas pris d'emploi
May 1, 2025
1:37 PM
We are glad that it worked. Thank you for the update.
May 1, 2025
1:37 PM
please send me a copy federal 2023
