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October 27, 2025
6:52 AM
@AmeliesUncle wrote:
@CuriousK wrote:
A judge ordered she live with me full-time at the beginningof the year.
As in January 1st, or after January 1st?
It sounds like your ...
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@AmeliesUncle wrote:
@CuriousK wrote:
A judge ordered she live with me full-time at the beginningof the year.
As in January 1st, or after January 1st?
It sounds like your parental rights were terminated, so in the view of the law, unfortunately your child isn't considered your child. Does that sound right?
I am not aware that a state court order terminating parental rights has any effect on the determination of qualifying child dependent under federal law. I would appreciate references if you have them.
A fast search found this case, which the web site has titled "Parents Whose Rights Were Terminated Denied Dependency Deductions." However, the decision in the case does not follow the headline. The children in that case lived with their aunt for all of 2015 (the year in question). The tax court specifically wrote "We need not determine, however, whether they could be qualifying children or qualifying relatives under section 152(a) by parsing the complicated definitions in section 152. Petitioners conceded in their pretrial memorandum that the children “were placed with * * * [their aunt] in 2014 and have lived with her since.” In other words, the children were disqualified by normal operation of the usual rules, so the court did not even have to consider the effect of the termination of parental rights.
https://www.taxnotes.com/research/federal/court-documents/court-opinions-and-orders/parents-whose-rights-were-terminated-denied-dependency-deductions/288bg
I am curious if you know of other cases.
October 27, 2025
6:45 AM
@Olivia342 wrote:
That’s definitely a complex situation, and it’s great you’re being careful. Generally, the person who provides more than half of the child’s support and with whom the child liv...
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@Olivia342 wrote:
That’s definitely a complex situation, and it’s great you’re being careful. Generally, the person who provides more than half of the child’s support and with whom the child lives most of the year is the one eligible to claim them as a dependent. However, since legal custody and adoption rights are involved, it’s best to get written clarification from the court order or consult a tax professional or family law attorney before filing—just to ensure everything aligns with both IRS rules and your custody agreement.
I'm sorry Olivia, but this is wrong on multiple points. The statement that "the person who provides more than half of the child’s support and with whom the child lives most of the year is the one eligible to claim them as a dependent" mixes up two different rules, and the "lives more than half the year with" only applies to certain blood relatives and legally appointed foster parents, not other persons. And the IRS will not accept clarification from a state court -- the IRS follows federal tax law, and the Supremacy Clause means the IRS can ignore any state court ruling, custody order, or clarification. A consultation with an attorney who understands federal tax law may be helpful, but the rest of your answer does not apply.
October 27, 2025
6:31 AM
October 27, 2025
6:18 AM
I am unfamiliar with my new laptop and want to download to a thumb drive using my old computer. Then transfer it to my new laptop with windows 11. Please tell me if I can do this.
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October 27, 2025
6:08 AM
Thank you PK ji. Namaste This is a big help
October 27, 2025
6:06 AM
That’s definitely a complex situation, and it’s great you’re being careful. Generally, the person who provides more than half of the child’s support and with whom the child lives most of the year is ...
See more...
That’s definitely a complex situation, and it’s great you’re being careful. Generally, the person who provides more than half of the child’s support and with whom the child lives most of the year is the one eligible to claim them as a dependent. However, since legal custody and adoption rights are involved, it’s best to get written clarification from the court order or consult a tax professional or family law attorney before filing—just to ensure everything aligns with both IRS rules and your custody agreement.
October 27, 2025
5:56 AM
Can I have the code texted to me so I can file?
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October 27, 2025
5:40 AM
3 Cheers
Intuit doesn't list specific H/W requirements other than min recommended memory so I doubt they care or check for TPM etc, just Win 11 or not, however you got there. https://turbotax.intuit.com/p...
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Intuit doesn't list specific H/W requirements other than min recommended memory so I doubt they care or check for TPM etc, just Win 11 or not, however you got there. https://turbotax.intuit.com/personal-taxes/cd-download/tta-system-requirements/ But hacking Turbo to run on Win 10 is probably the worst possible solution to this issue imo, as you will be invalidating support from Intuit (on top of an unsupported OS). Maybe it'll work fine but any issues during your tax process with updates, forms, e-filing etc you'll be on your own.
October 27, 2025
5:26 AM
Some people will say have a savings account at Capital One and opened 2 CDs also. Those 3 accounts are reported separately on the 1099-INT, usually with a total. In that case the import may have on...
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Some people will say have a savings account at Capital One and opened 2 CDs also. Those 3 accounts are reported separately on the 1099-INT, usually with a total. In that case the import may have only imported the first 2 accounts and not the 3rd. If you only had one account then you're not affected by this issue. I don't know the criteria they're sending this email out for whether it was specific banks affected but they can't tell who would have had multiple accounts or not. I was going to add also if you look at Schedule B that should show the full amount with the cents. When the total from Schedule B is transferred to 1040 Line 2b it gets rounded to whole dollars, there is no space for cents on 1040. So a final amount of $88 on your 1040 would be correct in this case.
October 27, 2025
5:19 AM
Hi, Thanks for the reply. Not sure what you mean by multiple accounts, I don't have multiple accounts. I only have one 1099-INT. My $88 is reported on the tax form as it is on my 1099 minus the ...
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Hi, Thanks for the reply. Not sure what you mean by multiple accounts, I don't have multiple accounts. I only have one 1099-INT. My $88 is reported on the tax form as it is on my 1099 minus the 34 cents.
October 27, 2025
5:14 AM
1 Cheer
The cents won't be material, the issue they are reporting is a whole account missing entirely (e.g. your $88 wasn't reported at all). It's apparently some issue for certain 1099s that had multiple a...
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The cents won't be material, the issue they are reporting is a whole account missing entirely (e.g. your $88 wasn't reported at all). It's apparently some issue for certain 1099s that had multiple accounts reported like CDs, likely on multiple pages on the 1099-INT.
October 27, 2025
5:06 AM
3 Cheers
Technical arguments about end of technical support and ESU aside, it's really just a business decision by Intuit as they determined there would not be enough demand to make it worth their while to re...
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Technical arguments about end of technical support and ESU aside, it's really just a business decision by Intuit as they determined there would not be enough demand to make it worth their while to release and support a Win 10 version. See post from VP below (fwiw). Desktop Turbotax revenue ($200mil) is only 1% of Intuit's $20bil revenue, they sell 35mil "units" of higher revenue online/live service vs. 4mil users of "low" revenue desktop (incl Mac), so desktop has 10% of the total Turbotax user base for only 5% of the total Turbotax revenue. Turbotax revenue overall is expected to grow 8% in 2026 while desktop is declining 5%. etc. They're also cutting bait on ItsDeductible which only had 100k users, and the Desktop Basic edition. Clearly they're ok losing hundreds of thousands of users out of a base of 40mil if revenues are growing everywhere else. For most users who will inevitably be on Win 11 a year from now, it's a choice whether to deal with it in the next few months and keep tax process intact, or spend time changing tax process and then have to upgrade 6 months later anyway. https://ttlc.intuit.com/community/articles/community-news-announcements/turbotax-windows-10-desktop-software-end-of-life/05/3708302 https://investors.intuit.com/news-events/press-releases/detail/1266/intuit-reports-strong-fourth-quarter-and-full-year-fiscal-2025-results-sets-fiscal-2026-guidance-with-double-digit-revenue-growth-and-continued-operating-margin-expansion
October 27, 2025
4:29 AM
Hello, I got a notification that my 1099-INT information may be incorrect due to a data import issue. I checked my 1099-INT and compared it to my 1040 specifically line 2b as the instructions sai...
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Hello, I got a notification that my 1099-INT information may be incorrect due to a data import issue. I checked my 1099-INT and compared it to my 1040 specifically line 2b as the instructions said. The total amount on my 1099-INT is 88.34. I remember trying to enter this manually because the cents weren't being captured. On my 1040 it says 88. But on my 1099-INT it says 88.34. Does Turbo tax not care about the cents? Need to know if I should amend to report the cents, but I do remember trying to do that when filing my taxes and it wouldn't let me add the cents.
October 27, 2025
4:15 AM
I want to select that I am a full-year resident of NY and never lived or worked in NC.
October 27, 2025
4:06 AM
October 27, 2025
3:30 AM
1 Cheer
When farmland is sold it is treated as a capital asset unless it was used in an active farming business. The sale would normally be reported on either Form 8949 and Schedule D of your tax return. The...
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When farmland is sold it is treated as a capital asset unless it was used in an active farming business. The sale would normally be reported on either Form 8949 and Schedule D of your tax return. These forms calculate the gain or loss on the sale price of the property minus the adjusted basis (the Price you paid for the property plus improvements, minus depreciation if the property was used for business use). If the land was part of the farming business operation, any building, equipment, or depreciable improvement sold with the land needs to be reported separately on the Form 4797 for business property. This is due to the fact the IRS treats your gain from depreciated assets differently than the land. It is important to separate these amounts in your records. In summary: Personal use or investment farmland → Report on Form 8949/Schedule D Business use farmland → Report land on Schedule D, report improvements on Form 4797 For more details see IRS Publication 225 - Farmer’s Tax Guide.
October 27, 2025
3:27 AM
Gifts given to family members, friends or other individuals are not deductible. Gifts received are not taxable to the person who received the gift, and are not entered on a tax return.
If you...
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Gifts given to family members, friends or other individuals are not deductible. Gifts received are not taxable to the person who received the gift, and are not entered on a tax return.
If your gift exceeds the yearly limit ($19,000 per individual) imposed by the gift tax rules, then you will need to complete a Form 709 gift tax form and send it to the IRS, although it is very unlikely that you will owe any tax.
TurboTax does not support Form 709. It is not an income tax form and would not be included as part of an income tax return.
Here is a link to the form:
https://www.irs.gov/pub/irs-pdf/f709.pdf
https://turbotax.intuit.com/tax-tips/estates/the-gift-tax-made-simple/L5tGWVC8N
Here's a link for Form 709 preparation software:
https://www.puritas-springs.com/product-category/federal
Here are some useful videos on the Form:
https://www.youtube.com/watch?v=a5wJow5h-No
https://www.youtube.com/watch?v=5Z_28sVOrTY
October 27, 2025
3:22 AM
Since your child lives with you full-time and you cover all major expenses, you’re generally the one eligible to claim her as a dependent. However, because her adoptive parents still have legal right...
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Since your child lives with you full-time and you cover all major expenses, you’re generally the one eligible to claim her as a dependent. However, because her adoptive parents still have legal rights, consult a tax professional or IRS Publication 501 to confirm based on custody and support rules before filing.
October 27, 2025
3:21 AM
If the bank account you entered for your direct deposit is closed, the refund will be sent back to the third party bank that handles refund processing. They will then have to issue a check and mail...
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If the bank account you entered for your direct deposit is closed, the refund will be sent back to the third party bank that handles refund processing. They will then have to issue a check and mail it to the address on your tax return. Make sure the address on your Form 1040 is the correct address, or the problem will become more complex.
REFUND PROCESSING FEE
If you chose to have your fees deducted from your federal refund, but entered wrong or closed bank account information for your direct deposit, you are going to have an aggravating, frustrating situation. Your refund will go back to the third party bank. The third party bank might issue and mail you a check, or they might send your refund back to the IRS and then you will have to wait for the IRS to mail you a check.
If the third party bank mails the check, it will come in a plain envelope via first class mail so make sure you open all mail and do not assume anything is junk mail without opening it. While you are waiting, make sure that the address you entered on your tax return is correct, or your problem will be even worse.
How can I see my TurboTax fees?
https://ttlc.intuit.com/turbotax-support/en-us/help-article/intuit-account-billing/review-fees-turbotax-online/L1XnIzgzg_US_en_US?uid=m682vq7k
What is Refund Processing Service?
Santa Barbara Tax Products Group, LLC (SBTPG) is the bank that handles the Refund Processing Service when you choose to have your TurboTax fees deducted from your refund. This option also has an additional charge from the bank that processes the transaction.
You can contact them SBTPG, toll-free, at 1-877-908-7228 or go to their secure website www.sbtpg.com
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