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January 12, 2026
12:31 PM
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January 12, 2026
12:20 PM
That has not been approved.
January 12, 2026
12:19 PM
I'm still having this problem.... no activation due to internet access..... still having this problem. I need this resolved NOW..
Leo
[phone number removed]
January 12, 2026
12:16 PM
It is possible to clear the IRA section If the information is no longer needed. The IRA section of TurboTax 2025 is not yet available. However, if you are filing (and not amending) for an earlier y...
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It is possible to clear the IRA section If the information is no longer needed. The IRA section of TurboTax 2025 is not yet available. However, if you are filing (and not amending) for an earlier year on TurboTax Desktop, you can follow these steps:
Once the TurboTax program is open, click on Continue for the return you are working on
Click "Federal Taxes", then "Deductions and Credits"
Click "I'll choose what I work on" when asked How do you want to enter your deductions and credits?
Scroll down on the page for the heading of Retirement and Investments. Click the Update button by Traditional and Roth IRA Contributions
The Traditional IRA and Roth IRA screen, deselect any boxes that were check to clear all IRA entries, then click Continue.
Form 5498 is not entered directly in TurboTax, however, information on that form may be needed to report on your tax return. Amounts in Box 1 on Form 5498 are reported as traditional IRA contributions, while amounts in Box 10 are reported as Roth contributions. If you need to enter Traditional and/or Roth contributions in TurboTax, please see: Where do I enter my Traditional and Roth IRA Contributions?
January 12, 2026
12:15 PM
1 Cheer
Are you using the Online version or the Desktop program? Premier is only in the Desktop. In Online it's called Premium. When you used to do your mother's return did you use a seaprate online ac...
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Are you using the Online version or the Desktop program? Premier is only in the Desktop. In Online it's called Premium. When you used to do your mother's return did you use a seaprate online account? You either need to log into YOUR account or set up a new account now. If you used the same account for her and you then her return and info overwrote yours and yours is gone so you can't transfer your 2024 return. How to view all your accounts https://ttlc.intuit.com/turbotax-support/en-us/help-article/account-management/many-intuit-accounts-turbotax/L9aVfKS1Z_US_en_US?uid=ll5g6zcx It's common to end up with multiple accounts. First LOG OUT of whatever TurboTax account you're logged into right now. Then use this TurboTax account recovery website to get a list of user ID's for an email address. Run the tool against any email addresses you may have used https://myturbotax.intuit.com/account-recovery/ START NEW ACCOUNT You can use the same email address for 5 accounts and returns. You can start another return in TurboTax Online by: Logging out if you are in your account Choose what TurboTax Online product you want to use for the second return https://turbotax.intuit.com/personal-taxes/compare/online Create your account screen Set up a new login for the second return Start working on the new return
January 12, 2026
12:14 PM
You are correct to enter this as an adjustment. The accrued interest paid is a subtraction from your total interest income and will be reflected in your net interest amount on Schedule B and on your ...
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You are correct to enter this as an adjustment. The accrued interest paid is a subtraction from your total interest income and will be reflected in your net interest amount on Schedule B and on your 1040 form line 2b.
Are you entering the information from a 1099-INT or from your statements? You can only deduct the accrued interest paid in the same tax year you actually received it.
After you entered the 1099-INT in TurboTax, did you check the box that says you need to adjust the interest reported on my form?
When you check this box, the next screen is where you will indicate the adjustment amount and reason for the adjustment. Your reason is: "My accrued interest is included in this Form 1099-INT"
To see if the amount is adjusted correctly, follow these steps:
Go to the right panel and select:
Tax Tools
Tools
View Tax Summary
With the Tax Summary Open, you will see Preview your 1040, in the left panel.
Once the preview is open, scroll down to line 2b.
Is the amount listed on this line the correctly adjusted amount?
January 12, 2026
12:12 PM
Supposed to recieve a direct deposit 2000 allowance when does that arrive if elligable
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January 12, 2026
12:12 PM
Non-residents, however, are only taxed by Minnesota on income that is sourced to the state, such as income earned while physically working within the state’s borders. This means that non-residents wh...
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Non-residents, however, are only taxed by Minnesota on income that is sourced to the state, such as income earned while physically working within the state’s borders. This means that non-residents who are working remotely for a Minnesota-based employer but are physically located outside of the state may not be subject to Minnesota state income tax on the income they earn while working remotely.
does the state portion of the NEC list MN and an amount? It could be blank or show WI and the amount.
January 12, 2026
12:09 PM
You may need to file a Minnesota tax return as a Non-Resident, but only if your gross income from Minnesota exceeds $14,950 (in 2025). More details of filing as a MN non-resident can be found here: ...
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You may need to file a Minnesota tax return as a Non-Resident, but only if your gross income from Minnesota exceeds $14,950 (in 2025). More details of filing as a MN non-resident can be found here: MN Non-Resident Income Tax Fact Sheet .
The date for the final estimated tax payment for 2025 in MN is January 15th, 2026. Even if you make a payment by this date, it is possible that you may still get assessed an underpayment penalty. Government departments of revenue work on a "pay as you go" system, meaning that taxes should be paid as the income is earned throughout the year. If you are assessed an underpayment penalty to Minnesota, TurboTax will automatically calculate that penalty for you - you can then choose whether to pay the penalty when you file your return or have the Minnesota Department of Revenue send you a bill for the penalty. Please be sure to file your returns and pay your taxes due by the April 15th filing deadline, otherwise additional interest and penalties may accrue.
For filing state taxes, be sure to work on and finalize your non-resident MN return first before working on your WI resident return. If you have a tax liability for Minnesota, Wisconsin will give you a credit for taxes paid to Minnesota to ensure that you are not being double-taxed on your Minnesota income.
January 12, 2026
12:09 PM
Hi, I use to do my Moms taxes and I accidently transfer her 2024 taxes instead of mine. I did the the tax tools reset and clear but now the account is under her name and I can get to mine. Thanks
January 12, 2026
12:09 PM
@Mike9241 did you mean "....does NOT bug....." @1dumpire What year is it for? The IRS does not email. Did Turbo Tax send you the email?
January 12, 2026
12:07 PM
from 2024 k-1 instrcutions. This number, entered as a positive number, should not affect your 1040
Code N. Business interest expense (BIE). For tax years beginning after November 12, 2020, the part...
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from 2024 k-1 instrcutions. This number, entered as a positive number, should not affect your 1040
Code N. Business interest expense (BIE). For tax years beginning after November 12, 2020, the partnership will report your share of the partnership's deductible BIE for inclusion in the separate loss class for computing any basis limitation (defined in section 704(d) and Regulations section 1.163(j)-6(h)). This information is necessary if your losses are limited under section 704(d). Deductible BIE is reported elsewhere on Schedule K-1 and the total amount is reported here for information only and was already included as a deduction on another line of your Schedule K-1. Included in the code N information is a statement providing the allocation of the BIE already deducted by the partnership by line number on Schedule K-1. Any EBIE not deductible under section 163(j) will be included in box 13, code K, for inclusion in the basis limitation and isn't reported here. See Worksheet for Adjusting the Basis of a Partner’s Interest in the Partnership for additional information about computing the loss limitation
January 12, 2026
12:06 PM
If you are waiting for the 1099R IRA QCD to be ready that won't affect your Jan 15 estimated payment. A QCD is not taxable so you can disregard it
January 12, 2026
12:02 PM
Maybe this will help? Quick Employer Forms FAQ https://quickemployerforms.intuit.com/faq.htm Did you enter the EIN with the dash in the right place? Both EIN and SSN are 9 digits. Yes you ...
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Maybe this will help? Quick Employer Forms FAQ https://quickemployerforms.intuit.com/faq.htm Did you enter the EIN with the dash in the right place? Both EIN and SSN are 9 digits. Yes you have to print and mail them to the recipients. You need to give a 1099NEC to anyone you paid $600 or more to for the year. But not to corporations or for merchandise. You send the IRS a copy of the 1099NEC with the transmittal summary form 1096. These are due to the person by Jan 31.
January 12, 2026
11:59 AM
Have you already sent the 4th quarter estimated tax payment or do you need to pay for the 4th quarter estimated tax payment?
To make an estimated tax payment go to this IRS payment website - https:...
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Have you already sent the 4th quarter estimated tax payment or do you need to pay for the 4th quarter estimated tax payment?
To make an estimated tax payment go to this IRS payment website - https://www.irs.gov/payments
To enter, edit or delete estimated taxes paid (Federal, State, Local) -
Click on Federal Taxes (Personal using Home and Business) Click on Deductions and Credits Click on I'll choose what I work on (if shown) Scroll down to Estimates and Other Taxes Paid On Estimates, click on the start or update button
Or enter estimates paid in the Search box located in the upper right of the online program screen. Click on Jump to estimates paid
A QCD from an IRA withdrawal would be reported on a Form 1099-R. The form is estimated to be available in TurboTax on 01/21/2026.
January 12, 2026
11:56 AM
What was the source of the email. can't guarantee this, but the IRS usually does NOT bug the taxpayer for $2. The cost to the IRS to send out the notice and process an amended return is much more tha...
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What was the source of the email. can't guarantee this, but the IRS usually does NOT bug the taxpayer for $2. The cost to the IRS to send out the notice and process an amended return is much more than $2. What was the form number? @VolvoGirl is correct, the IRS doesn't send emails.
January 12, 2026
11:55 AM
Topics:
January 12, 2026
11:54 AM
previous math looks incorrect 31,500+1,600+1,600 = 34,700 ....not 33,700 for std joint and both over 65
January 12, 2026
11:51 AM
irs instructions
https://www.irs.gov/identity-theft-fraud-scams/get-an-identity-protection-pin
January 12, 2026
11:51 AM
Go to this IRS website for how to request a 6 digit IP PIN - https://www.irs.gov/identity-theft-fraud-scams/get-an-identity-protection-pin
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