All Posts
March 4, 2026
1:16 PM
Topics:
March 4, 2026
1:15 PM
I reviewed your tax return and you checked "No" to the question “Is this LLC a business entity disregarded for tax purposes?”.
The bottom of the form informs you that you can't e-file form 568 ...
See more...
I reviewed your tax return and you checked "No" to the question “Is this LLC a business entity disregarded for tax purposes?”.
The bottom of the form informs you that you can't e-file form 568 if the LLC is a non-disregarded business entity.
If you are the sole owner of your LLC, the IRS disregards your LLC and consider you a sole proprietor. If you fit in this category, you should check yes and you will be able to e-file.
Refer to the TurboTax article LLC Tax Filing Rules for details regarding “disregarded entities” and the IRS web-site Single member limited liability companies for more information.
You also need to change your Secretary of State number. You have entered all 5's. If you don't have a SOS number, you can select "Other Reason" by the down arrow next to SOS Not Applicable Reason.
March 4, 2026
1:15 PM
March 4 -- still not fixed.
March 4, 2026
1:15 PM
Turbotax does not automatically do this from my Federal 1116 Form. I have found answers saying I need to manually do this from 2023 but I can't seem to make it work for 2025. How can I enter the For...
See more...
Turbotax does not automatically do this from my Federal 1116 Form. I have found answers saying I need to manually do this from 2023 but I can't seem to make it work for 2025. How can I enter the Foreign Tax Credit on my IN tax form in Turbotax for 2025?
Topics:
March 4, 2026
1:14 PM
I click on Federal - Wages and Income - I get General Info, but then I never get to the part where I can actually add my income! Very strange... I was able to search for 1099-NEC and get to that secti...
See more...
I click on Federal - Wages and Income - I get General Info, but then I never get to the part where I can actually add my income! Very strange... I was able to search for 1099-NEC and get to that section through the search, so those are entered. I have other income I want to manually enter and am not given the option.
Topics:
March 4, 2026
1:14 PM
Do I wait for April 15 to begin making payments
Topics:
March 4, 2026
1:14 PM
@gcrespin Maybe....depends on other income....you didn't have to be working. For instance: 1)..any retirement pension income you received after moving to SC is considered SC taxable income. 2...
See more...
@gcrespin Maybe....depends on other income....you didn't have to be working. For instance: 1)..any retirement pension income you received after moving to SC is considered SC taxable income. 2) ...ANY Interest, Dividends, Capital Gains, Mutual Fund distributions you received from any account, after you moved to SC, is considered SC income. ____________________ Other: SC does part-year taxes a bit differently form most states. For Part-Year residents, SC allows you to file either A) as a full-year resident, calculating a tax on ALL your year's income, but allowing a credit for the taxes you paid in the former state's part-year tax return....OR...B) as a full-year NON-Resident of SC, where you allocate what sub-portion of your Federal income you actually received after moving to SC. Which way works best can take some extra work testing both situations.
March 4, 2026
1:13 PM
Possibly, under the new (post-2024) IRS rules, interest on a Honda Civic may be deducted if it complies with these guidelines. It must be purchased New, Purchased in 2025–2028, and Have it...
See more...
Possibly, under the new (post-2024) IRS rules, interest on a Honda Civic may be deducted if it complies with these guidelines. It must be purchased New, Purchased in 2025–2028, and Have its final assembly in the U.S. It must be for personal use, Weighing under 14,000 lbs, You may need to consult the dealer for guidance on some of these questions. You can deduct up to $10,000 in interest annually, subject to income phase-outs.
March 4, 2026
1:13 PM
March 4 -- still not fixed.
March 4, 2026
1:12 PM
Why are you filing a tax return? If you only get SS or SSDI it is not taxable and you do t have to file a retun. Unless you are married or get a 1095-A for ACA Obamacare or Marketplace insurance.
March 4, 2026
1:11 PM
1 Cheer
Generally, yes. If someone e-files a tax return listing a dependent (whether a custody issue or just plain identity theft) any later attempts to e-file with the same SSN should result in a rejection...
See more...
Generally, yes. If someone e-files a tax return listing a dependent (whether a custody issue or just plain identity theft) any later attempts to e-file with the same SSN should result in a rejection. If that happens, and you believe you are correct to claim the dependent, you would print your return, sign it and mail it in, and the IRS will investigate.
March 4, 2026
1:11 PM
According to Turbotax I am eligble, it just will not correctly add it to my return
Topics:
March 4, 2026
1:09 PM
Thanks again but still not the question. The business still exists. What do you think of my solutions for the asset that has more remaining basis than the debt forgiveness? I put the date of forgi...
See more...
Thanks again but still not the question. The business still exists. What do you think of my solutions for the asset that has more remaining basis than the debt forgiveness? I put the date of forgiveness as the disposal date (no tax effect, just removes it from the depreciation schedule. I set up the remaining basis like a new asset depreciated sl for the remaining time.
March 4, 2026
1:09 PM
turbo tax is charging $69 to file, why?
Topics:
March 4, 2026
1:06 PM
I put 1238 in the box on the original tax documents. The actual amount is 439. Should I amend the original or?
Topics:
March 4, 2026
1:05 PM
I would like to speak to someone how to enter my data my self
Topics:
March 4, 2026
1:04 PM
Topics:
March 4, 2026
1:04 PM
Turbo tax did my 2023 and 2025 taxs wrong, and I am currently dealing with an issue from the 2023 filing that is affecting my 2025 Michigan refund. A debt related to the 2023 return was sent to colle...
See more...
Turbo tax did my 2023 and 2025 taxs wrong, and I am currently dealing with an issue from the 2023 filing that is affecting my 2025 Michigan refund. A debt related to the 2023 return was sent to collections without my knowledge, and my first notice from the Michigan Treasury is dated March 5, 2026. My 2025 refund is now being garnished because of this. I am reporting this within the 30-day window for the 100% Accurate Calculation Guarantee and within the 60-day Satisfaction Guarantee window for my 2025 filing. I want it documented that I am actively trying to resolve both matters so delays do not affect eligibility under these guarantees. I have emailed the claims department twice without response, and calling support routes me through automation without resolution. I need direct assistance from a Tax Expert or CPA to help file an amended return (Form 1040-X) and review both filings, along with refunds for the affected services.
Topics: