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You need to change your county of residence. Go back to the beginning of the state questions. Residency is asked and then what county do you live in. Select the drop down box and make the correct cho... See more...
You need to change your county of residence. Go back to the beginning of the state questions. Residency is asked and then what county do you live in. Select the drop down box and make the correct choice. Out of state options are at the bottom.  
Lump sum Social Security Disability Insurance (SSDI) payments are taxable.  There are options for how you report it that can minimize the tax burden.  For additional information see the following IRS... See more...
Lump sum Social Security Disability Insurance (SSDI) payments are taxable.  There are options for how you report it that can minimize the tax burden.  For additional information see the following IRS FAQ regarding lump sum payments:  SSDI Lump-Sum Election Method
Irrevocable trusts can also be grantor trusts (or partial grantor trusts) and the grantor treated, for federal income tax purposes, as the owner of the trusts' assets.   Moving assets (cash or prop... See more...
Irrevocable trusts can also be grantor trusts (or partial grantor trusts) and the grantor treated, for federal income tax purposes, as the owner of the trusts' assets.   Moving assets (cash or property) out of one's estate for federal income tax purposes is a complicated matter. Most trusts cannot accomplish that goal with the exception of IDGTs. However, removing the assets in that manner also has a downside which, basically, is the fact that the assets in the trust do not get a stepped up basis when the grantor dies.   A nongrantor trust must file a 1041 if it generates $600 or more in gross income OR any taxable income.   Estate planning can be very complex and trusts are only one tool in the planning toolbox (and not necessarily the best one for a host of purposes). A proper estate plan for an estate with not insubstantial assets requires consultation, in person, with a qualified professional.
@VolvoGirl Thank you! Ok this allows me to "none of the above" my contributions, but when I finish, it shows -$8000 so I must have to access manually somewhere else? —— UPDATE —— I found a tool to ... See more...
@VolvoGirl Thank you! Ok this allows me to "none of the above" my contributions, but when I finish, it shows -$8000 so I must have to access manually somewhere else? —— UPDATE —— I found a tool to delete two IRA forms, so I tried that
TurboTax is calculating line 17b of the Maryland 502 correctly.   Line 17b shows the amount of state income tax that was included in your federal itemized deduction that needs to be added back be... See more...
TurboTax is calculating line 17b of the Maryland 502 correctly.   Line 17b shows the amount of state income tax that was included in your federal itemized deduction that needs to be added back because state income taxes are not deductible for Maryland tax purposes.   $0 on line 17b means that you don't need to reduce your state itemized deduction. This is because, in your case, your federal itemized deduction is made up entirely of your real estate tax since it's over $10,000. Maryland follows federal law when it comes to the limit on state tax deduction - you can only deduct up to $10,000 in state taxes. This is why the negative $20 was disregarded.
There is no Tax Tools menu option  
Do I add my total net income from my social security with my wages from my work?
thank you for the easy to follow instructions.  TT instructions are not accurate
It depends. Given the choices, I would classify these as 'other current assets" for the short term stocks  and "other investments" for the long-term investments.        
It looks like you have one more step to take with MD. Verify with the business office listed. MD Tax ID Number states:... step in the necessary filings process is to file a “Combined Central Registra... See more...
It looks like you have one more step to take with MD. Verify with the business office listed. MD Tax ID Number states:... step in the necessary filings process is to file a “Combined Central Registration” with the Maryland Comptroller’s Office. This form from the Comptroller’s Office will ask the filer to list both the FEIN number and this Department’s internal entity filing number. This Central Registration Form of the Comptroller’s Office deals with Maryland taxes owed, including employee withholding taxes. Comptroller of the Treasury's website:  http://taxes.marylandtaxes.com/Business_Taxes/New_Businesses/
I’m having this issue…any luck getting it resolved I could sure use some help
Your total basis in traditional IRA's for 2024 and earlier years may be found on IRS form 8606 Nondeductible IRAs Part I line 14.     Is this the dollar value that you are asking about?   See... See more...
Your total basis in traditional IRA's for 2024 and earlier years may be found on IRS form 8606 Nondeductible IRAs Part I line 14.     Is this the dollar value that you are asking about?   See also this TurboTax Help.
Hello, No there are no values (other than my name etc. at the top) on the first page.  But still it should be included when I print, especially if I have to send it mailed to the IRS, right?       ... See more...
Hello, No there are no values (other than my name etc. at the top) on the first page.  But still it should be included when I print, especially if I have to send it mailed to the IRS, right?       Thanks, 
I was told how much I would received when I quit several years ago...nothing mentioned about RMD and nothing has changed except COLA increases
Job related expenses are no longer deductible for W-2 employees. The Tax Cuts and Jobs Act of 2018 suspended the deductions for most workers from 2018 to 2025. Certain workers can file Form 2106 to c... See more...
Job related expenses are no longer deductible for W-2 employees. The Tax Cuts and Jobs Act of 2018 suspended the deductions for most workers from 2018 to 2025. Certain workers can file Form 2106 to calculate deductible unreimbursed expenses.  Review the TurboTax article Are Unreimbursed Employee Expenses Deductible? for more information.   If you are a worker who meets the exception or your state allows you to deduct unreimbursed employee business expenses, review the TurboTax article Where do I enter job-related employee expenses? (Form 2106) for navigation instructions.
Try going to IRA contributions under Federal On left Deductions and Credits Then scroll down to Retirement and Investments Traditional and ROTH IRA Contributions - Click the Start or Update button
Thanks, that worked! The software did keep asking for the correction, but I was able to still e-file. Will wait to see whether it is accepted now. 
Hello!   Can you please help me with that moment?  @DianeW777 mentioned that TurboTax may allow filling one state as an e-file in my case.  As I understand, I need to file MFJ Federal and MFS N... See more...
Hello!   Can you please help me with that moment?  @DianeW777 mentioned that TurboTax may allow filling one state as an e-file in my case.  As I understand, I need to file MFJ Federal and MFS NC. But I don't see how it is possible simultaneously because TurboTax keeps me as MFJ in that NC return.   If I follow that guide - Link to TurboTax Page - it is said that I can file MFS state returns only via mail.   So I am a bit confused.   Would appreciate any help with that   Thank you in advance