All Posts

@osbuntax611 , Agreeing with the excellent replies ( and the referred articles) from my colleagues @KarenL4  and @FranklinF , would just like to add the following: (a)  As a US person  and even with a foreign tax home you are still subject to  FBAR requirements --  form 114 at www.FinCen.gov and only on-line. There is no threshold  change based on tax-home (b) As a US person you are still subject to FATCA regs. -- form 8938  ( along with your  tax return ).  See this  ---  Comparison of Form 8938 and FBAR requirements | Internal Revenue Service Which country are you moving to ?   I ask because of US/that country  tax treaty considerations inclu. taxation of your US social Security by that country. Is there more I can do for you ?  

Google search (Turbotax keeps asking me to activate every time I open it) This was what I put in the search. There seems to be many for this problem. Hope it helps. Here are a few links to some of the answers that came up. If none help you then try the google search above for more links. I hope the links here work since Turbo is claiming invalid and removed. If they do not work just do the google search above.     1 How can I fix TurboTax requesting license activation on every launch? https://ttlc.intuit.com/turbotax-support/en-us/help-article/install-products/turbotax-2019-turbotax-2020-requests-license-every/L77v5robh_US_en_US#:~:text=Disabling%20software%20that%20can%20block,to%20connect%20to%20the%20internet   2  TurboTax 2023 keeps asking for Activation Code https://ttlc.intuit.com/community/taxes/discussion/turbotax-[product key removed]g-for-activation-code/00/3121925     3  Error code 603: All the available activation for that code has been used This error means the product has reached its activation limit, so you'll have to buy a new product. If you're asked to enter your license activation every time you launch Turbo Tax, these instructions can help fix the issue. https://ttlc.intuit.com/turbotax-support/en-us/help-article/intuit-product-orders/error-code-603-available-activations-code-used/L28ChCB9o_US_en_US

If the person who claimed you as a dependent had to pay someone else to care for you while they were at work, they could possibly get the child and dependent care credit for paying someone---but that is not a refundable credit.   It reduces the tax they owe.  And....again, sorry...it is not a credit available to you.

If someone claims you as a dependent they might be able to get the Child & Dependent Care Credit even if you don’t file a tax return.  If you do file your own return you would have to say someone else can claim you. Who can they claim for the Child and Dependent Care Credit Who is a Qualifying Person for the Child and Dependent Care Credit?

If you used desktop download software to prepare the 2021 return, it was only stored on your own hard drive or any back up device you used.  It is not stored on in an online account.   Check your hard drive to see if you really deleted it--it might still be there.   Check your trash can--you might still be able to rescue it if you did not empty the trash.   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  

If your only income was SSI or Social Security with no tax withheld, then you do not have to file a tax return, and would not be eligible for a tax refund or tax credit.   If you have a 1095A for having marketplace health insurance you are required to file a tax return even if your only income was Social Security.

No ---there is no tax credit for claiming yourself and saying that you are disabled.   And as for someone else getting a credit for claiming you...if you are over the age of 16, the only credit they get for claiming you as a dependent is a $500 credit for other dependents.  There is no special federal tax credit for claiming a disabled dependent.

@omnipheasant Sign onto your TurboTax account and see if the 2022 license code is available on your account - https://accounts.intuit.com/app/account-manager/productsBilling/turbotax   If not contact TurboTax support for assistance with this problem.   See this TurboTax support FAQ for contacting support - https://ttlc.intuit.com/turbotax-support/en-us/help-article/account-management/turbotax-phone-number/L0Od33nMQ_US_en_US?uid=lfgviwbm

Right, and I used it when I first installed to do my taxes in 2022.  However, I tossed the CD later that year and didn't keep the code because I assumed that having installed it I wouldn't need the activation code again.   What I don't understand is why TT wants me to reauthorize so long after I installed and used it.   (yep, there's some irritation over this.)   The immediate question, I guess, is if there is some way to get around this requirement so I can access the final version of my taxes for that year.

Please see this FAQ for more options available to you.  The information provided by xmasbaby0 above has the same phone number referenced in this link and is intended to help your reach a representative faster but it is possible menu options may be slightly different.   @reganlynn75 

@baldietax & @fanfare    Thank you so much for clarity and validating my assessment. As mentioned, my 2025 tax liability will be much higher than my 2024 taxes and I didn't want to make any estimate payment for '25 taxes until the filling date next April, and at the same time didn't want to incur any penalty on that.   So as @fanfare summarized..  "estimate on prior year's tax , or 90% of this year's tax, whichever is smaller".   Thank you both, do very much appreciate.

Please see this link from the IRS that has an explanation for reasons for the delay. There should be a number listed on your CB21B notice in the section titled "What you need to know" that you can use to call the IRS for an updated status of your return.   Also, if you are still having issues after contacting the IRS, you can follow the steps to contact a Taxpayer Advocate in the link provided.  A Taxpayer Advocate will act as a liaison between you and the IRS if you are unsuccessful in obtaining answers when contacting the IRS directly.

Thank you for the reply. How do I remove her income which I somehow wrongly added into  my tax filling. I am claiming her as my Dependent. How do I change/revise it in my Turbo tax and submit?   Thanks 

The penalty calculation in TurboTax is prepared based upon entries into the program.  Since this is a public forum, it's hard to determine why your penalty calculation was overstated as compared to what was calculated within TurboTax.  This could be the result of having penalties in prior years and not paying enough in estimated taxes in 2024, or you could have had a significant increase in income in 2024 but when entering the information into TurboTax, Form 2210 was not annualized to reflect when the income was actually received.  This FAQ from the IRS which provides more guidance on how the penalties are calculated.   Please see Estimated Taxes:  How to Determine What to Pay and When for more details on how the penalty is calculated as well as some tips to assist you in the future.