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Can you clarify if you are working in California? If you are physically working in California, your employer may be required to withhold California taxes unless you completed a DE4 claiming exempt fr... See more...
Can you clarify if you are working in California? If you are physically working in California, your employer may be required to withhold California taxes unless you completed a DE4 claiming exempt from withholding.   If you work in Utah, you would want Utah taxes withheld or you may need to make estimated payments.  @maryharrietshuler 
To clarify, do you have a star symbol next to line 13 and 18 of Form 8606? If yes, then TurboTax is using the Taxable IRA Distribution Worksheet per Pub. 590-B to calculate the amounts and lines 6 to... See more...
To clarify, do you have a star symbol next to line 13 and 18 of Form 8606? If yes, then TurboTax is using the Taxable IRA Distribution Worksheet per Pub. 590-B to calculate the amounts and lines 6 to 12 of Form 8606 will be blank. It will be listed as "Tax IRA Dist" in the Form list.   Generally, TurboTax will asked about your value of all of your traditional IRA, SEP, and SIMPLE IRA accounts on December 31 after you have entered all Form 1099-R and click continue.      
I live in Kansas, and own a municipal bond from another state.  My Kansas tax return (K40) asks that I list "Municipal Bond Interest Not Exempt from KS Tax, reduced by related expenses."  This $ amou... See more...
I live in Kansas, and own a municipal bond from another state.  My Kansas tax return (K40) asks that I list "Municipal Bond Interest Not Exempt from KS Tax, reduced by related expenses."  This $ amount is then added to my federal AGI, so that the interest from the nonKS muni can be taxed by KS.   This nonKS muni paid me $1000 in coupon payments in 2025.  I paid a premium when I bought the bond, resulting in a $200 amortized bond premium reported on the 1099-INT Box 13.  Therefore I reported 1000-200=800 on the 1040 line 2a (Tax-exempt Interest).   Does KS want me to add $1000 to my FAGI?  Or $800?  In other words, does KS recognize bond premium paid on nonKS munies?
I just called and they're saying middle of march right before the deadline.  I've done the math on my federal taxes and I will never pay them more than I'm due to give them, in fact I'd rather pay... See more...
I just called and they're saying middle of march right before the deadline.  I've done the math on my federal taxes and I will never pay them more than I'm due to give them, in fact I'd rather pay them taxes than wait on a refund that they're holding hostage. Stop giving the federal government intrest free loans! 
This is a public web site that can be seen by anyone—including scammers and would-be identity thieves who would love to contact you and pretend to be from TurboTax.  Please remove the personal inform... See more...
This is a public web site that can be seen by anyone—including scammers and would-be identity thieves who would love to contact you and pretend to be from TurboTax.  Please remove the personal information you posted here ASAP by returning to your post and clicking the three little blue dots on the upper right to edit your post.       If you e-filed: Banking information for direct deposit is wrong or closed If you entered incorrect banking information for your refund, you can change it if your return is rejected.  If it is accepted, however, it is too late to change it.  The bank will reject the refund and send it back to the IRS.     https://www.taxpayeradvocate.irs.gov/news/tax-tips/direct-deposit-changes-for-2026-could-affect-how-and-when-you-get-your-refund/2026/01/   You may get this notice— a cp53a notice   https://www.irs.gov/individuals/understanding-your-cp53a-notice   If you take NO action—-the IRS will freeze your refund for at least six weeks and then mail you a check.   If your refund is sent back to the IRS—- make certain that the address you entered on your Form 1040 is correct.  And…open all mail, even if it looks like junk mail.  
It sounds like you may be trying to change the amount from your W-2 in the HSA section.  It is greyed out because you need to enter it (or change it) on your W-2.  You can only change the contributio... See more...
It sounds like you may be trying to change the amount from your W-2 in the HSA section.  It is greyed out because you need to enter it (or change it) on your W-2.  You can only change the contributions you personally made in the HSA section.   You can go to Federal,  Wages & Income,  Wages and Salaries (W-2) to revisit your W-2 entry.   For some more information, see Basics of Health Savings Accounts
Schedule CT-PE Pass-Through Entity Tax Credit is available using TurboTax Online or Desktop for individual Form 1040 returns.    For a partnership return, you will need to file CT-PTE manually an... See more...
Schedule CT-PE Pass-Through Entity Tax Credit is available using TurboTax Online or Desktop for individual Form 1040 returns.    For a partnership return, you will need to file CT-PTE manually and file by mail. Here's the link: https://portal.ct.gov/drs/taxes/pass-through-entity/tax-information.   @gideonesq17 
I'm a landloard, desperately trying to enter a two-to-one 1031 into TT online. Let me tell you, it's not possible. There is an interview for the 1031. But you can't dispose a rental property from the... See more...
I'm a landloard, desperately trying to enter a two-to-one 1031 into TT online. Let me tell you, it's not possible. There is an interview for the 1031. But you can't dispose a rental property from the asset pages into the 1031 without triggering the full capital gains as if it were sold outright. If you don't check "Sold" then TT will depreciate the asset over the entire year, even though one should only depreciate it until the date of the sale.
These are known as NRI accounts, which I have with 2 banks - Axis bank and HSBC bank. I can report the interest earned from them like in prior years.
1099 G shows the $800 in box 6, taxable grants
I was going to try it until I noticed that they tack on a $45 fee.
This does sound like it should be reported as alimony so the ex-husband's employer is just making the payments from his salary.  Your wife would not receive a W2 from the employer because the person ... See more...
This does sound like it should be reported as alimony so the ex-husband's employer is just making the payments from his salary.  Your wife would not receive a W2 from the employer because the person who performed the work would be credited with the employment taxes- these are not transferable.   See Topic no. 452, Alimony and separate maintenance.   Because the alimony began before 2019, she may have to report as income.  For the Turbo Tax steps for this entry, see Do I need to report alimony I received from a former spouse?   I am sorry for your loss.
I completed a 1031 exchange in 2025, relinquishing a rental property that has been reported on my schedule E since purchase.  I've figured out how to fill out Form 8824 and calculated the cost basis ... See more...
I completed a 1031 exchange in 2025, relinquishing a rental property that has been reported on my schedule E since purchase.  I've figured out how to fill out Form 8824 and calculated the cost basis of the replacement property.  My question is how to handle this replacement property so it appears correctly on Schedule E.   Property 1 was noted as sold and I've added end dates on all the depreciating assets under property 1.  Form 8824 completed and determined the cost basis for the replacement property, Property 2, as $244K. Do I add a new rental property for Property 2 with it's address and set it up using the cost basis $244K calculated on Form 8824? This makes sense to me as it would show 2 rentals on my schedule E for 2025 and then drop off Property 1 for future returns.  I've seen conflicting responses in similar questions posted several years ago so I'm looking for current guidance.  Thanks!
Does a monthly supplemental insurance plan count as a deduction?
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 ... See more...
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  
Importing 1099-DA crypto transactions should be operational in both TurboTax Premier and TurboTax Home and Business for Windows desktop. In Home and Business, I was able to navigate to the import men... See more...
Importing 1099-DA crypto transactions should be operational in both TurboTax Premier and TurboTax Home and Business for Windows desktop. In Home and Business, I was able to navigate to the import menu and locate cryptocurrency brokerages such as Kraken Securities using these navigational steps:    1. Step-by-Step 2. Personal 3. Personal Income  4. I'll choose what I want to work on 5. Investment Income 6. Stocks, Cryptocurrency, Mutual Funds, Bonds, Other Select Start
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 ... See more...
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   On Federal estimated taxes for 2025 (Form 1040-ES), click the start button   Federal estimated taxes paid are entered on Form 1040 Line 26
@Diegolandry wrote: Hello when will the amend function be available? The Form 1040-X for amending a 2025 federal tax return is estimated to be available in TurboTax on 02/25/2026   An ... See more...
@Diegolandry wrote: Hello when will the amend function be available? The Form 1040-X for amending a 2025 federal tax return is estimated to be available in TurboTax on 02/25/2026   An amended return, Form 1040-X, can only be printed and mailed to the IRS if the original tax return was not e-filed. The IRS will take up to 20 weeks or longer to process an amended tax return. Before starting to amend the tax return, wait for the tax refund to be received or the taxes due to be paid and processed by the IRS. See this TurboTax support FAQ for amending a current year tax return - https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-return/amend-federal-tax-return-curr...