turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

All Posts

This is Earned Income Tax Credit on Illinois form. Maybe imported from Fed. Your expert removed it from Fed last week.
To delete your return, you would have to start a new, blank return, as you can't delete the most recent return you were working on. To start a new return, select “Start a New Return” from under “My R... See more...
To delete your return, you would have to start a new, blank return, as you can't delete the most recent return you were working on. To start a new return, select “Start a New Return” from under “My Returns” in the top left corner. Once you have started your new return, you can select “View All Returns” from under “My Returns”. Then delete the unwanted return by clicking the small Trash Can next to it or “Delete” under the return’s name.      
Are you saying that your W-2 has Tennessee state information in boxes 15 to 17?  Tennessee does not impose an income tax, so no employers would be legally withholding income tax for Tennessee.  If Te... See more...
Are you saying that your W-2 has Tennessee state information in boxes 15 to 17?  Tennessee does not impose an income tax, so no employers would be legally withholding income tax for Tennessee.  If Tennessee is the state in box 15, then box 17 needs to be zero.  If it is zero, then leaving boxes 15 to 17 blank on the W-2 form in TurboTax will not cause any issues for you.   If there is anything other than zero (or blank) in Box 17 on your W-2 from Tennessee, then your employer issued you an incorrect W-2 and you should speak with them about the error and ask for the W-2 to be corrected.
As of Feb 27 the import from Merrill has moved to a new status, but when it asked me to click "Allow" instead of "Block" after connecting to Merrill's site, the "Allow" button does nothing.  I've use... See more...
As of Feb 27 the import from Merrill has moved to a new status, but when it asked me to click "Allow" instead of "Block" after connecting to Merrill's site, the "Allow" button does nothing.  I've used TT for a very many years and have had only minor problems importing my data from Merrill.  This year is the worst imaginable experience with it.
I love your response of not adding the 1099Q's for my 3 dependent children (which Turbo Tax will not let me add 1099Q's if I select the recipient and beneficiary are dependents. I've been receiving t... See more...
I love your response of not adding the 1099Q's for my 3 dependent children (which Turbo Tax will not let me add 1099Q's if I select the recipient and beneficiary are dependents. I've been receiving the message Great news! You don't need to report this form {I do they are my dependents on my return}, so I've been having to update their school expenses using the forms option). I never liked how the taxman figured out our Coverdell basis, and am fine deciding myself.  Unfortunately, I see 2 of my children have access distributions after receiving the American Opportunity credit of $2,500. When you are also receiving education credits, you can't figure out you have excess distributions without entering the 1099Q's. Are you telling me I don't have to pay the tax on my access distributions? When I read pub 970, it sounded like I would have to because there is no double dipping on expenses. If you don't enter the 1099Q, you will not see the excess distributions when taking education credits (someone really needs to fix this). 
It seems that the only option is to import the data, but I can't do that. Skipping import just results in not being able to do anything but go to the next part of TurboTax.
Thank you for answering. That's what I thought, but TurboTax tells me "After applying your deductions, your taxable income is $0. Based on this amount, your total tax before any credits is [equivalen... See more...
Thank you for answering. That's what I thought, but TurboTax tells me "After applying your deductions, your taxable income is $0. Based on this amount, your total tax before any credits is [equivalent to ~27% of my total income]. This includes self-employment tax of [equivalent to ~27% of my total income]." This text makes it sound like I shouldn't have any amount viable to be taxed via income tax, so I should have the 15% self-employment tax on my income only, not 27%. There is no option to ask for clarification on this to understand where they are getting the [27% tax] even in the Federal Numbers Breakdown. Am I reading this right? I was almost entirely self-employed this past year so there's no other major income complicating this.  The lack of transparency is killing me. It doesn't list the self-employment tax rate or my tax bracket anywhere on the site. I want to make sure the software is calculating right. I may try another free software to see if the numbers are coming out the same elsewhere...
If you need to enter the estimated tax you paid in 2025.   Follow these instructions to make sure you are entering them in the correct spot.   You enter estimates paid for federal and state in the sa... See more...
If you need to enter the estimated tax you paid in 2025.   Follow these instructions to make sure you are entering them in the correct spot.   You enter estimates paid for federal and state in the same section on the federal return.  TurboTax will transfer the amounts to your state return(s).     Navigate to the estimated tax payments section: TurboTax Online/Mobile: Go to estimated tax payments under Deductions & Credits. TurboTax Desktop: Go to the Federal Taxes, then Deductions & Credits. Select Estimates and Other Taxes Paid. Select Start or Revisit next to the type of estimated tax payment you'd like to enter under Estimated Tax Payments. Enter the amount of estimated tax you paid at each of the quarterly due dates. If you paid 2025 estimated taxes in 2025, you'll enter just one amount for each state or locality.  
Thanks for the explanation of how the limitation is applied and where to find the applicable worksheet. I do think there is a problem with this interpretation in cases where no benefit was derived fr... See more...
Thanks for the explanation of how the limitation is applied and where to find the applicable worksheet. I do think there is a problem with this interpretation in cases where no benefit was derived from state income taxes in 2024 which capped SALT at $10,000 and the taxpayer had other taxes (real estate, sales etc.) that exceeded the SALT limit.  As a cash basis taxpayer, I get to deduct the estimated  payment in the year paid regardless if inflated or not because any tax benefit that is refunded is included in income in the year received. I revised IRS Pub 525 - Worksheet 2 (specifically Recoveries of Itemized Deductions) which makes no reference to allocation of estimated tax payments.
We can help you with your letter or notice from the IRS.   Addressing your letter or notice as soon as you receive it could prevent further IRS contact or examination.  Look in your IRS letter or not... See more...
We can help you with your letter or notice from the IRS.   Addressing your letter or notice as soon as you receive it could prevent further IRS contact or examination.  Look in your IRS letter or notice, and select the corresponding number in this article (like CP11 or CP01A) for more information about what to do next.   What should I do if I receive a letter from a state tax agency? It’s best to contact your state directly to learn more about the letter you received. Select yours from this link.
I am using the PDF upload feature. The PDF has 73 pages generated from coin ledger
My husband received a 1099 MISC for our rental property. The entire amount was issued to him. How would we go about splitting the income when filing separately?