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September 1, 2025
3:47 PM
No. Win11 is only required for the 2025 program.
September 1, 2025
3:42 PM
Topics:
September 1, 2025
3:19 PM
VolvoGirl, thank you for the amazingly fast and complete reply. The Lina 4a part of my question is answered!
September 1, 2025
3:02 PM
September 1, 2025
3:02 PM
On the review of my final form, I was asked to enter a Special Depreciation Allowance for an asset entry, and also an AMT Special Depreciation Allowance, and I have no idea how to calculate that. Any ...
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On the review of my final form, I was asked to enter a Special Depreciation Allowance for an asset entry, and also an AMT Special Depreciation Allowance, and I have no idea how to calculate that. Any ideas from anyone?
September 1, 2025
2:28 PM
1 Cheer
@baldietax wrote: ....this hope that TT 2025 will work on Win 10 is probably slim.... Understood, but it won't do any harm to give it a shot before buying a machine capable of running Windows...
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@baldietax wrote: ....this hope that TT 2025 will work on Win 10 is probably slim.... Understood, but it won't do any harm to give it a shot before buying a machine capable of running Windows 11. Users will likely know immediately whether or not they need to do that. Also, and FWIW as it's a little bit off topic, you can upgrade almost any machine capable of running Windows 10 to Windows 11 with a registry hack AND it's essentially done for you with a simple download. Before I bought my Windows 11 machines, I was able to upgrade a pair of almost 13 year-old desktops to Windows 11 - desktops that came pre-installed with Windows 8.
September 1, 2025
2:22 PM
Why did it reject? Is there a message or reject code? Was it for the 2023 AGI? That's a common reject. Try entering 0 for the AGI. The IRS might have processed your return later so the AGI d...
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Why did it reject? Is there a message or reject code? Was it for the 2023 AGI? That's a common reject. Try entering 0 for the AGI. The IRS might have processed your return later so the AGI didn't get entered in time. Especially if you mailed it. That works for most people. See, https://ttlc.intuit.com/community/rejections/help/what-if-i-entered-the-correct-agi-and-i-m-still-getting-an-e-file-reject/00/27031 How to correct the AGI in the Online version https://ttlc.intuit.com/community/agi/help/where-do-i-correct-my-agi-in-turbotax-online/00/26311 If you can’t get it to efile you will have to print and mail it. https://ttlc.intuit.com/community/printing/help/how-do-i-print-and-mail-my-return-in-turbotax-online/00/26258 Be sure to attach copies of your W2s and any 1099s that have withholding on them. You have to mail federal and state in separate envelopes because they go to different places. Get a tracking number from the post office when you mail them for proof of filing.
September 1, 2025
2:20 PM
2 Cheers
I wouldn't be worried about it. But as the other comments have said, you should be aware of some things. Is this a temporary job (expected to be one year or less) and away from your regular area...
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I wouldn't be worried about it. But as the other comments have said, you should be aware of some things. Is this a temporary job (expected to be one year or less) and away from your regular area/city of work/home? If so, that $360 a week could be tax-free. Even if that doesn't apply to you, but it is the kind of job that situation could apply to many of its employees, it seems reasonable for the employer to set it up the pay structure that way. If it IS a temporary job and you are away from your regular area/city of work/home, congratulations on a good job opportunity and having an employer that is handling things in the perfect way. If it is NOT a temporary job that is away from your regular area/city of work/home, then you need to be aware of some of the cautions that others mentioned. If they don't report it on your W-2: You will need to fill out a special form on your tax return to pay the Social Security and Medicare tax. You should be prepared for that extra amount owed on your tax return. They likely will have withheld significantly less Federal and State income tax than they should have, which is going to significantly decrease your refund or cause you to owe quite a bit. You should be prepared for that extra amount owed on your tax return. Eventually (likely a few years), the IRS will contact your employer about it, and your employer may not be happy with you. However, you seem to want this job as a resume builder, rather than a long-term job, so that may not be a concern. If they DO report it on your W-2, great, your employer is handling it correctly.
September 1, 2025
2:13 PM
Topics:
September 1, 2025
2:11 PM
I purchased a van for my company [C-corp, 100% business use, California] in Aug/2025 for $80,000. I am estimating my corporate profits to be about $25K for 2025 BUT next year [2026] it will be closer...
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I purchased a van for my company [C-corp, 100% business use, California] in Aug/2025 for $80,000. I am estimating my corporate profits to be about $25K for 2025 BUT next year [2026] it will be closer to 100K and again in 100K in 2027 and 2028. I was trying to understand if I messed up by buying it now or I should have waiting until Jan 1, 2026 to really take advantage of section 179.
September 1, 2025
2:11 PM
September 1, 2025
1:54 PM
Thank you @rjs and @pk for the additional information!
September 1, 2025
1:42 PM
1 Cheer
hope for the best but plan for the worst as the saying goes. But this hope that TT 2025 will work on Win 10 is probably slim, or maybe there will be some hack folks will figure out, but they're bein...
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hope for the best but plan for the worst as the saying goes. But this hope that TT 2025 will work on Win 10 is probably slim, or maybe there will be some hack folks will figure out, but they're being quite explicit on their help page - "You won’t be able to install or use TurboTax Desktop 2025 on Windows 10." if that means anything; and you'll be out on a limb without any support from Intuit (fwiw) so it's probably not a good plan for most people. https://ttlc.intuit.com/turbotax-support/en-us/help-article/download-products/end-support-windows-8-affect-turbotax-experience/L4v9atO3O_US_en_US?uid=mf1kxxtm
September 1, 2025
1:38 PM
how can I remove shareholders from the tax filing
September 1, 2025
1:32 PM
September 1, 2025
1:25 PM
in what menu I can have amended City Tax Return on TurboTax
Topics:
September 1, 2025
1:11 PM
1 Cheer
@baldietax wrote: .......a 14 year run for hardware is really stellar but simply it's time to upgrade - if you start researching and shopping for it now you have 6 months til Turbo is ready anywa...
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@baldietax wrote: .......a 14 year run for hardware is really stellar but simply it's time to upgrade - if you start researching and shopping for it now you have 6 months til Turbo is ready anyway, see if MS reverses course by October in the meantime (doubtful). I agree (sort of) and will simply reiterate that a 14 year-old computer is nothing short of ancient considering it's a laptop. I've had laptops that have died in about half of that time (not cheap ones either). Frankly, my opinion is that the best course of action would be to do nothing until TurboTax 2025 is released and then just buy whichever version is desired and try to install and run the program on the Windows 10 laptop (also, see if it will update). If it works, nothing more needs to be done. If not, look for a new machine (perhaps the Black Friday/Cyber Monday time frame) at that point. It really is kind of a no-brainer since @landr421 would have bought TurboTax anyway (and can always return it within 60 days if not satisfied).
September 1, 2025
1:01 PM
No deductions are allowable except those that the tax law specifically allows. It would be impossible to list all possible types of expenses that are not deductible.
Are you asking about personal...
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No deductions are allowable except those that the tax law specifically allows. It would be impossible to list all possible types of expenses that are not deductible.
Are you asking about personal expenses or business expenses?
For personal expenses that are allowed as itemized deductions see the IRS Instructions for Schedule A. There are some other deductions that are not itemized deductions. Most of these are adjustments to income and are listed in Part II of Schedule 1. In the new tax law that was recently passed there is a new below-the-line deduction for car loan interest. (There are several other new below-the-line deductions for things that would not be considered expenses.)
For deductible business expenses for a sole proprietorship, filing Schedule C, see "Chapter 8. Business Expenses" in IRS Publication 334, Tax Guide for Small Business.
September 1, 2025
12:52 PM
For Itemized Deductions on Schedule A or business expenses on schedule C? What are itemized deductions? https://turbotax.intuit.com/tax-tips/tax-deductions-and-credits/what-are-itemized-tax-deducti...
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For Itemized Deductions on Schedule A or business expenses on schedule C? What are itemized deductions? https://turbotax.intuit.com/tax-tips/tax-deductions-and-credits/what-are-itemized-tax-deductions/L1peC8cg0 Schedule A https://www.irs.gov/pub/irs-pdf/f1040sa.pdf Schedule A instructions https://www.irs.gov/pub/irs-pdf/i1040sca.pdf Schedule C https://www.irs.gov/pub/irs-pdf/f1040sc.pdf Schedule C instructions https://www.irs.gov/pub/irs-pdf/i1040sc.pdf
September 1, 2025
12:48 PM
1 Cheer
@landr421a 14 year run for hardware is really stellar but simply it's time to upgrade - if you start researching and shopping for it now you have 6 months til Turbo is ready anyway, see if MS reverse...
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@landr421a 14 year run for hardware is really stellar but simply it's time to upgrade - if you start researching and shopping for it now you have 6 months til Turbo is ready anyway, see if MS reverses course by October in the meantime (doubtful). Then do your taxes as normal even if Turbo is the only thing running on the new machine and then you have time to work on migrating and getting comfortable with the new machine before ESU runs out, tho your Win10 machine won't stop working it will just become a security risk at some point. Note you may not be able to install all past versions of Turbo on your new machine. Inuit introduced a license server in 2019 and only supports activation of current and past 3 versions so currently 2019 and 2020 will not work on a new machine, at some point in the next year presumably 2021 will drop off also. If you still have the software for years prior to 2019 or able to download from your Intuit account, you may be able to activate them (I didn't try when I got my new machine last year). All you can really do is ensure you have full PDFs with all forms and worksheets from prior years for your records.