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January 2, 2026
6:52 AM
Hello, - I am single and retired and have made 2025 estimated tax payments to Georgia for about $20K which I estimated my total tax liability for 2025. Based on this, I plan to itemize my federal...
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Hello, - I am single and retired and have made 2025 estimated tax payments to Georgia for about $20K which I estimated my total tax liability for 2025. Based on this, I plan to itemize my federal and state since my itemized deduction should be larger than standard deduction. - My understanding is, Georgia offers film credit. The broker I've spoken to offers 8 cents for every dollar towards film credit, so offers 8% back. - If I make purchase $20k of GA film credit, my understanding is, after I file my taxes GA will send me a refund of $20k since I have already made total tax liability $20k of estimated payments. Questions: - When I make the $20k film credit payment to GA, I would had paid a total of $40k. Do I take a total of $40k deduction on Federal or do I not need to declare or submit any forms to Federal? - Will the refund of $20k from GA come as a 1099-G ? If that is the case, I will need to pay federal taxes on that in 2026. If that is the case, I would have to get that deduction on Federal on my 2025 taxes since I do not want to be taxed twice by Federal, once in 2025 and again in 2026. - What do I need to treat the above in my filling of 2025 Federal taxes. Please help!
January 2, 2026
6:50 AM
Looks like the only thing I can do other than purchasing Tax software at the Microsoft store is to remove S mode. Very Sad!!!
January 2, 2026
6:49 AM
There is no section Your tax returns & documents on the bottom of that page.
January 2, 2026
6:24 AM
3 Cheers
I’m using the 2025 TurboTax Mac Desktop version. I prefer TurboTax because it allows me to import data from previous years. As a long-time user, I usually start by importing last year’s data. However...
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I’m using the 2025 TurboTax Mac Desktop version. I prefer TurboTax because it allows me to import data from previous years. As a long-time user, I usually start by importing last year’s data. However, this time, the program didn’t prompt me to do so. I found the import function, but when I tried to import 2024, it was grayed out and wouldn’t be recognized as an importable file. Could you please assist me in troubleshooting this issue? If a solution is not feasible, I will be forced to manually input all the information, resulting in a waste of $60 for the product and considerable time spent on unnecessary data entry.
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January 2, 2026
6:04 AM
I have an alleged linked account that says was added 12/12/2025 at 1:06 am. I did not add it. Is just "unlinking it" enough?
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January 2, 2026
5:58 AM
TurboTax accounts cannot be deleted.
See this TurboTax support FAQ for how to switch from the TurboTax online to the TurboTax desktop - https://ttlc.intuit.com/turbotax-support/en-us/help-artic...
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TurboTax accounts cannot be deleted.
See this TurboTax support FAQ for how to switch from the TurboTax online to the TurboTax desktop - https://ttlc.intuit.com/turbotax-support/en-us/help-article/intuit-product-orders/switch-turbotax-online-turbotax-cd-download/L8oxEJNu5_US_en_US
January 2, 2026
5:42 AM
If the LLC in the original posters case has been filing 1065, does it mean only 50% of the property would get a step up basis? My husband and I just created an LLC and we have a house deeded to this ...
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If the LLC in the original posters case has been filing 1065, does it mean only 50% of the property would get a step up basis? My husband and I just created an LLC and we have a house deeded to this LLC, wondering if we should file 1065 or schedule E as disregarded entity to receive the full step up basis in case let's say one of us passes and the other one wants to sell the house. We're in Texas. I chose to be a multi member LLC when signing up for the EIN but haven't filed our first year tax yet. Now I'm thinking disregarded entity is the way to go for estate planning. If so do we need to let the IRS know somehow or just file it as such the first year? Thank you.
January 2, 2026
5:36 AM
There is no Form 7206 in TurboTax 24, it's new for 2025. I looked for a worksheet in TT24 that might explain the calculation but couldn't find any.
January 2, 2026
5:31 AM
I plan to use the personal computer software
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January 2, 2026
5:20 AM
I appreciate your help RJS and insight into this issue. I did receive a notice and the notice states that IF I made an error, then complete an amended return. The letter does not give any specifics/b...
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I appreciate your help RJS and insight into this issue. I did receive a notice and the notice states that IF I made an error, then complete an amended return. The letter does not give any specifics/basis for the calculations the IRS made for their determination that I claimed mortgage interest greater than is allowed. I have called the IRS twice and have a call for Jan 5th since they will be able to access my return then. I have never switched to the forms when using the desktop version, but will try if I need to separate the 8a and 8b amounts. Thanks
January 2, 2026
5:00 AM
You said "they only put one kid down for my child tax credit".
What makes you think you can/should claim more than one. Claiming children, in some situations can be complicated. There are spe...
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You said "they only put one kid down for my child tax credit".
What makes you think you can/should claim more than one. Claiming children, in some situations can be complicated. There are special rules in divorce/separation (including never married), unmarried parents living together and other relatives in the household situations.
If they "messed up", go back to them and straighten it out before they actually file your return.
January 2, 2026
4:39 AM
Thank you very much for your quick response!
January 2, 2026
4:33 AM
You may have more than one TurboTax account. See this TurboTax support FAQ for how to view all of your accounts - https://ttlc.intuit.com/turbotax-support/en-us/help-article/account-management/many-...
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You may have more than one TurboTax account. See this TurboTax support FAQ for how to view all of your accounts - https://ttlc.intuit.com/turbotax-support/en-us/help-article/account-management/many-intuit-accounts-turbotax/L9aVfKS1Z_US_en_US?uid=ll5g6zcx
To access your current or prior year online tax returns sign onto the TurboTax website with the User ID you used to create the account - https://myturbotax.intuit.com/
Scroll down to the bottom of the screen and on the section Your tax returns & documents. Click on the Year and Click on Download/print return (PDF)
If you used the desktop CD/Download editions installed on your computer, the only copy of your tax data file and any PDF's will be on the computer where the return was created. TurboTax does not store online any returns completed using the desktop editions.
Go to this IRS website for free transcripts of a federal tax return - https://www.irs.gov/individuals/get-transcript
For a fee of $30 you can get a complete federal tax return from the IRS by completing Form 4506 - http://www.irs.gov/pub/irs-pdf/f4506.pdf
January 2, 2026
4:21 AM
I cannot access my 2024 tax records
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January 2, 2026
4:17 AM
The suggestion to clear data is not deleting a return. As far as I can tell, there is not a Delete function available within the product. I used the operating system's file delete functionality and...
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The suggestion to clear data is not deleting a return. As far as I can tell, there is not a Delete function available within the product. I used the operating system's file delete functionality and then created a new return.
January 2, 2026
4:12 AM
1 Cheer
I'm not on Advantage but what I could tell it just gives the exact same s/w no more than 2-3 days before it's widely available anyway. Locking in pricing is questionable as to your point there are m...
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I'm not on Advantage but what I could tell it just gives the exact same s/w no more than 2-3 days before it's widely available anyway. Locking in pricing is questionable as to your point there are many discounts below Intuit's pricing whether it's Amazon etc or brokerage offers. But I suppose it does provide other benefits... https://turbotax.intuit.com/personal-taxes/cd-download/advantage/?_gl=1*vxv2p7*_gcl_au*NTgwMjMzODAxLjE3NjA0MDk5Nzk.*_ga*OTk5ODU4NzUuMTc2MDU2Nzc4NA..*_ga_J7JHVCT5CT*czE3NjczNTU3MDEkbzkwJGcxJHQxNzY3MzU1NzEzJGo0OCRsMCRoMA..
January 2, 2026
3:31 AM
The only place you enter the information for the state tax withheld from your paychecks is when you enter your W-2 into the federal software. The information for state tax is in boxes 15, 16 and 17...
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The only place you enter the information for the state tax withheld from your paychecks is when you enter your W-2 into the federal software. The information for state tax is in boxes 15, 16 and 17 of your W-2. All of that information also flows to your state return. You do not enter it anywhere else.
January 2, 2026
3:12 AM
I am the Trustee of my late father's Trust. Since he passed away in September 2024 I have been paying for his partner's assisted living from the Trust's corpus. His partner is one of the Beneficiarie...
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I am the Trustee of my late father's Trust. Since he passed away in September 2024 I have been paying for his partner's assisted living from the Trust's corpus. His partner is one of the Beneficiaries of the Trust. This year l am required to take an RMD from her Trust Inherited IRA. As the Trustee if I take the RMD and use it to pay the Assisted Living Facility directly via a check from the Trust on her behalf can I issue her a K-1 under her Social Security Number so that she will pay income taxes on the distribution? Or to issue her a K-1 do l have to send her or her Power of Attorney a Trust check for either of them to use it to pay the Assisted Living? I was hoping that I can pay the Assisted Living Facility from the Trust's checking account directly and issue them a K-1 without having to use her or her Power of Attorney as "middle man" to pay the Assisted Living facility. Thanks!
January 2, 2026
1:31 AM
@ernestpogba2 wrote: "I haven't got my 2024-2025." Your 2024-2025 what? What is it that you haven't gotten? And why did you list 2 years? You'll need to describe your situation so that ...
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@ernestpogba2 wrote: "I haven't got my 2024-2025." Your 2024-2025 what? What is it that you haven't gotten? And why did you list 2 years? You'll need to describe your situation so that it will be more likely that someone can meaningfully comment. But this is a public Internet forum, so don't post any personal info.
January 2, 2026
1:19 AM
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