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October 16, 2025
5:28 PM
Thanks. That's kind of what I was thinking, but I wanted to get an independent opinion. Any suggestions where to look besides Yelp?
October 16, 2025
5:27 PM
Does "add a K-1" mean you need to report one? i.e., if you need to report a K-1 that you received (as opposed to generating one), that can be done in the personal product, but in Online TurboTax yo...
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Does "add a K-1" mean you need to report one? i.e., if you need to report a K-1 that you received (as opposed to generating one), that can be done in the personal product, but in Online TurboTax you have to be in the correct edition. What does "on here" mean? Are you using Online TurboTax or desktop software? If Online TurboTax, it has to be Premium edition to enter a K-1. We can tell you how to get to the interview topic to enter a K-1 when you confirm what you need to do and what product you are using.
October 16, 2025
5:22 PM
Well, gosh, that makes sense. /s Tell tt you want to answer a question when actually you want to ask one. That's like me telling the phone answerbot that I want to talk to a salesperson when I can'...
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Well, gosh, that makes sense. /s Tell tt you want to answer a question when actually you want to ask one. That's like me telling the phone answerbot that I want to talk to a salesperson when I can't get through to a support person, because you *know* the salespeople are going to answer the phone.
October 16, 2025
5:19 PM
Topics:
October 16, 2025
5:13 PM
My son is 20 year old college student who will be filing his own tax return for 2025. He was on my health insurance plan from Marketplace for 2025. Should I claim him as dependent or non-dependent on...
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My son is 20 year old college student who will be filing his own tax return for 2025. He was on my health insurance plan from Marketplace for 2025. Should I claim him as dependent or non-dependent on my 2025 tax return , in order to be able to use Shared Policy Allocation with him and avoid having to pay money back if the entire credit amount is reconciled on my return only? Thank you.
October 16, 2025
5:10 PM
My apologies for not being more explicit. The home we sold was our primary residence, which we lived in for 30 years. We do qualify for the $500,000 exclusion and capital gain would be on an estimate...
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My apologies for not being more explicit. The home we sold was our primary residence, which we lived in for 30 years. We do qualify for the $500,000 exclusion and capital gain would be on an estimated $100,000 to $300,000. We fall into the 15% tax rate for the capital gain. I have looked at a number of sources, including some IRS publications and major financial advisor websites but there is no definitive explanation about when and how we pay the funds we owe from the capital gains from the sale of our home - it only states we pay them for the year we sold the home (2025). Some state we need to pay quarterly withholding, but these do not say this is necessary for the gains on the sale of a home - just "capital gains." We are loath to pay penalties for falling short of the required withholding and we accept the necessity to "pay Caesar" what is due. Thank you for any insight you can provide.
October 16, 2025
5:05 PM
Thank you for the confirmation. Last question: I had also filled state boxes 14, 15 and 16. Should I have or should I have not? @fanfare
October 16, 2025
5:00 PM
@umiboo , just wanted to close the loop with you .
I created a scenario with both parents having active foreign source income, having one child with un-earned income, parents required/choosing no...
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@umiboo , just wanted to close the loop with you .
I created a scenario with both parents having active foreign source income, having one child with un-earned income, parents required/choosing not include child's income of 20,000-- thus 8615 coming into play.
The parents' active income completely excluded under FEIE, plus passive income untaxed because of Foreign tax credit. Parents' did have SECA tax but it looked wrong ( I have not investigated why it looked so low --will do )
The child's return of 20,000 was taxed at parents' marginal rate using 8615.
I did not find the questions on the screens unusual --- since I had no Schedule-D or other items , I left these entry boxes blank ( could have placed zero but that is extra useless work ).
So I am left with the feeling that the on-line screens must be different from the windows H&B version or you would have had a easy time. My humble apologies for the inconvenience.
Is there more I can do for you ?
pk
October 16, 2025
4:51 PM
@Susan73151 wrote: How can I get my 5 digit IRS pin I created last year? You don't need last year's 5-digit PIN to sign your 2024 return. The majority of people likely didn't save it. You...
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@Susan73151 wrote: How can I get my 5 digit IRS pin I created last year? You don't need last year's 5-digit PIN to sign your 2024 return. The majority of people likely didn't save it. You can make up a new one every year, if you wish. The signing page says to use any 5 digits of your choosing except it can't be all zeros. That being said, if you are convinced you want to use the same one even when not needed, then if you have a copy of the 2023 return with all the worksheets, you can look way down on the Federal Information Worksheet. It may or may not be there. Or you can also look at the 2024 Federal Information Worksheet to see if it transferred-in from last year's filing. ADDENDUM: You didn't say why you want the 5-digit signing PIN used last year. Did you recently get a rejection code saying the 2023 AGI or PIN was wrong? In that case, it's likely it rejected due to 2023 AGI. If you verify what your circumstance is, we may be able to comment further on a rejected 2023 AGI issue.
October 16, 2025
4:44 PM
How can I get my 5 digit IRS pin I created last year?
October 16, 2025
4:12 PM
Your POA is gone now. You can still file as "Personal Representative" if no one else will. @kaitlinscarr
October 16, 2025
4:07 PM
Topics:
October 16, 2025
4:04 PM
Only the appreciated 10K will be income.
October 16, 2025
3:56 PM
There is no need for a reciprocity agreement between TN and AL, because TN has no state income tax. If you live in TN but work in AL, you file a non-resident AL tax return for the income earned whi...
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There is no need for a reciprocity agreement between TN and AL, because TN has no state income tax. If you live in TN but work in AL, you file a non-resident AL tax return for the income earned while working in AL.
October 16, 2025
3:52 PM
As explained above, this is not something that TurboTax can help with. TurboTax provides software for you to prepare a do-it-yourself tax return. TT does not get any information from the IRS after...
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As explained above, this is not something that TurboTax can help with. TurboTax provides software for you to prepare a do-it-yourself tax return. TT does not get any information from the IRS after you file your return, and cannot intercede with the IRS regarding your tax return or your payment plan(s). Sorry, but you are at the mercy of the IRS and will have to be tenacious in your attempts to contact the IRS yourself.
October 16, 2025
3:47 PM
Then the other parents' return might be getting rejected for some other reason. If they are claiming the child for the child tax credit, they can still do so---but print, sign and mail their return...
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Then the other parents' return might be getting rejected for some other reason. If they are claiming the child for the child tax credit, they can still do so---but print, sign and mail their return and let the IRS sort out the duplicate use of the SSN.
October 16, 2025
3:45 PM
Original question:
"I had no income in 2024 lived off savings yet turbo tax is still charging me the full premium fee $135"
October 16, 2025
3:43 PM
They are both 0
October 16, 2025
3:40 PM
Original poster in this thread apparently edited the post after receiving a reply. The original question remarked that they were being charged $135 to prepare a tax return, but that they had had no...
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Original poster in this thread apparently edited the post after receiving a reply. The original question remarked that they were being charged $135 to prepare a tax return, but that they had had no 2024 income and were living on savings.