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April 16, 2025
2:52 PM
If you have a 1098-T, you may be able to get the Lifetime Learning Credit. If you do not qualify to claim the credit, see another post of mine for 3 different ways to enter depending on your circumst...
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If you have a 1098-T, you may be able to get the Lifetime Learning Credit. If you do not qualify to claim the credit, see another post of mine for 3 different ways to enter depending on your circumstances here. If your parents are not claiming you and you are eligible for the LLC- you want $10,000 of tuition expenses for the full amount. The LLC will be 20% of your tuition paid. Use the scholarship for room and board above the $10k tuition limit. For example: Box 1 $25k and box 5 is $40k. You need $10k for tuition, this leaves $15k available to be covered by scholarships. $40k scholarships used $15k for tuition, then remainder, $25k went to room and board. Check form 8863 for education credits. Adjust numbers for room and board to maximize your refund. This is allowed. The IRS has a great brochure that explains how scholarships and tax credits interact.
April 16, 2025
2:52 PM
1 Cheer
The recapture does belong on Schedule E and you may see a Form 4797 in your file (Part IV, line 35, which only goes to the income of the rental, not any place else on the tax return.
The cost o...
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The recapture does belong on Schedule E and you may see a Form 4797 in your file (Part IV, line 35, which only goes to the income of the rental, not any place else on the tax return.
The cost of your vehicle doesn't change (my error corrected in previous answer), the business use percentage changes and the life actually runs longer due to the change to straight line depreciation and the recaptured amount.
April 16, 2025
2:52 PM
1 Cheer
Which states? If you are asking for an exemption from not having healthcare, you will need to have the Exemption number in order to claim the exemption. You can choose not to try to claim the exe...
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Which states? If you are asking for an exemption from not having healthcare, you will need to have the Exemption number in order to claim the exemption. You can choose not to try to claim the exemption which would cause you to owe more money. You can apply for an exemption on your state website. Some states may allow you to do it retroactively while others do not. @rikagg3 @Kayc7
April 16, 2025
2:51 PM
Please call TurboTax Customer service. Here is a link: Turbo Tax Customer Service
April 16, 2025
2:51 PM
Yes. Of course, conveiniently I could not see the worksheets until I had submitted my return. Now I need to figure out how to get back $17K, any hints here?
April 16, 2025
2:50 PM
The 2023 desktop application is bugging-out. At a certain point it puts up an error message, something like "We seem to have hit a snag, you should go back to the previous step to make sure everythin...
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The 2023 desktop application is bugging-out. At a certain point it puts up an error message, something like "We seem to have hit a snag, you should go back to the previous step to make sure everything was entered correctly". Except the message won't go away, and so I can do nothing in the app. I can't go back, forward, use any of the app's UI, I can't even quit it unless I force-quit it via the Task Manager Every year I hit a notable bug in TT. And every year it's a nightmare getting Intuit to get a work-around. Except this year I'm not even allowed to talk to anyone. Even though I paid for this app
April 16, 2025
2:50 PM
We'd love to help you complete your tax return, but need more information. Can you please clarify your question?
April 16, 2025
2:49 PM
If the 1095-A is incorrect you will need to contact marketplace to have the form corrected. You do not want to information different from what is on your form as this is what was reported to the IRS.
April 16, 2025
2:49 PM
We need more information. Can you please clarify your question?
April 16, 2025
2:47 PM
Which version are you seeing this in?
April 16, 2025
2:47 PM
Call IRS e-file Payment Services 24/7 at 1-888-353-4537 to inquire about your payment.
If you want to check the debit date you specified, look on the filing instructions for your return. It wi...
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Call IRS e-file Payment Services 24/7 at 1-888-353-4537 to inquire about your payment.
If you want to check the debit date you specified, look on the filing instructions for your return. It will tell you the debit date the IRS or State will deduct the payment. If you did not print them out you can view them using the following steps:
TurboTax Online
In TurboTax Online, sign into your account.
You should be on your Tax Home page.
Scroll down to Your tax returns & documents.
Select 2024, and then select Add a State (you're not actually adding a state, this just gets you into the right menu).
Once you're in your return, you can navigate around as usual.
Click Tax Tools (in the black bar on the left of your screen) and then click select Print Center.
Click Print, save or preview this year's return
TurboTax CD/Download
Go into Forms Mode by clicking on the Forms icon in the top right of the blue bar.
In the Forms in My Return list on the left, click Filing Inst. [It's usually toward the bottom of the list.] The form will appear on the right side of the screen.
You can view the form on the screen or you can print a copy by clicking the Print box at the bottom of the screen.
To return to the interview, click on the Step-By-Step icon in the top right of the blue bar.
IRS Individual Online Account
Taxpayers with a Social Security number or an Individual Taxpayer Identification Number can create or access their IRS Individual Online Account to get information they need to file their return.
With an IRS Individual Online Account, people can:
View balance owed, payment history and schedule payments.
Cancel scheduled payments.
Get transcripts.
View or create payment plans.
See digital copies of some IRS notices.
View key data from their most recently filed tax return, including adjusted gross income.
Validate bank accounts and save multiple accounts, eliminating the need to re-enter bank account information every time they make a payment.
View, approve and electronically sign power of attorney and tax information authorizations from their tax professional.
April 16, 2025
2:45 PM
Thanks for the added info. Yes, I'm hoping it disappears, though I also wonder--since this has never happened to me before, and I've been doing this for years--if it might have something to do with h...
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Thanks for the added info. Yes, I'm hoping it disappears, though I also wonder--since this has never happened to me before, and I've been doing this for years--if it might have something to do with how many IRS employees have suddenly been forced out.
April 16, 2025
2:45 PM
No. I talked to TAXAUDIT directly. They refunded me the $60 I paid for the 2024 Audit Defense and then sold me the correct version for $39.99, It says right on the audit certificate that you are...
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No. I talked to TAXAUDIT directly. They refunded me the $60 I paid for the 2024 Audit Defense and then sold me the correct version for $39.99, It says right on the audit certificate that you are supposed to print, that it had an expiration date of 4-15-2026 instead of for the statute of limitations for audits. My certificates for the tax years of 2023 and 2024 both had exiration dates or 1-15 of the next year, I also had Turbo tax BUSINESS and the same thing happened ther for tax years 2023 and 2024. Both expire on 4-15 of the next year. The 2023 ones already dropped off my TAXAUDIT history and say there is no coverage for that year. This is not good
April 16, 2025
2:45 PM
We need more information. Can you please clarify your question?
April 16, 2025
2:44 PM
1 Cheer
Individual donations are not listed on the actual tax return form. Only the total amount is shown on Schedule A in your tax return if you claim itemized deductions. The individual donations that you ...
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Individual donations are not listed on the actual tax return form. Only the total amount is shown on Schedule A in your tax return if you claim itemized deductions. The individual donations that you entered are listed in TurboTax on a Charitable Organization Worksheet for each charity, but the Charitable Organization Worksheet is not part of your actual tax return.
If you are using the desktop TurboTax software you can see the Charitable Organization Worksheets in forms mode. If you are using TurboTax Online you would have to print your tax return with the option to "Include government and TurboTax worksheets."
April 16, 2025
2:44 PM
You might have to paper file the amendment. I think the problem is you are changing from Married filing Separate to Joint.
April 16, 2025
2:44 PM
Topics:
April 16, 2025
2:43 PM
PO Box 327464 is a valid address as per the Form 40 instruction booklet in certain situations. Were you mailing a prior year (2023 or earlier) return or an amended return for any tax year? If not, pl...
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PO Box 327464 is a valid address as per the Form 40 instruction booklet in certain situations. Were you mailing a prior year (2023 or earlier) return or an amended return for any tax year? If not, please respond back to indicate where in TurboTax this information was posted so we can correct as necessary.
April 16, 2025
2:43 PM
1 Cheer
You can try contacting the Taxpayer advocate service. They may be able to help.
April 16, 2025
2:42 PM
The taxes are already in your w2. The employer is required to handle that. The 1099-B basis is wrong and requires your adjustment for the actual amounts - I am guessing you did a "sell to cover" and ...
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The taxes are already in your w2. The employer is required to handle that. The 1099-B basis is wrong and requires your adjustment for the actual amounts - I am guessing you did a "sell to cover" and need to report that sale on your return. Your actual basis for all shares was included in your box 1. Which is why some shares had to be sold to cover the taxes on all the extra income.
I want to urge you to create a financial notebook that is kept separate from your tax return. Keep it safe and each year, add your year-end statements from all your financial accounts plus a copy of your W2’s, your carryover information, and proof of your basis in your various investments. You must keep tax records from the time you purchase until sold/ loss used plus 3 years. It is very easy to lose track of disallowed losses, carryforwards, and basis. This can be a digital or paper notebook.
See What are restricted stock units (RSUs) and how do I report them?
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