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Please clarify if this action provided the accurate Wisconsin (WI) qualified retirement income deduction. It's always necessary to check, and verify if the numbers on your tax return seem appropriate... See more...
Please clarify if this action provided the accurate Wisconsin (WI) qualified retirement income deduction. It's always necessary to check, and verify if the numbers on your tax return seem appropriate. Thank you for your update.   @WI 1 
Thank you for your advice! I did exactly as you said but it didn't work out. Checked for TT updates and there weren't any. When I go to Your 2025 Income Summary screen on TT, in Retirement Plans an... See more...
Thank you for your advice! I did exactly as you said but it didn't work out. Checked for TT updates and there weren't any. When I go to Your 2025 Income Summary screen on TT, in Retirement Plans and Social Security, TT says "Needs Review". I checked Worksheet 4 for Form 8915F, it gives different amount for this year's Ln. 23. Maybe I need to use that amount?  Now I am stuck and can't e-file my taxes because there is something missing. 
should i depreciated or put the full expenses and in wich section?
Health care insurance premiums, including dental and vision insurance premiums, and other medical expenses that you paid with out of pocket funds and were not reimbursed are an eligible medical expen... See more...
Health care insurance premiums, including dental and vision insurance premiums, and other medical expenses that you paid with out of pocket funds and were not reimbursed are an eligible medical expense that you can deduct using Schedule A for itemized deductions. However, only your total medical expenses that are greater than 7.5% of your Adjusted Gross Income (AGI) can be deducted. Your total itemized deductions reported on Form 1040 Schedule A must be greater than the standard deduction for your filing status to have any tax benefit. Standard deductions for 2025 Single - $15.750 add $2,000 if age 65 or older Married Filing Separately - $15,750 add $1,600 if age 65 or older Married Filing Jointly - $31,500 add $1,600 for each spouse age 65 or older Head of Household - $23,625 add $2,000 if age 65 or older To enter your medical expenses - 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 Medical On Medical Expenses, click the start or update button
Can I be connected to turbo tax expert Bed Smith 51 please?
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 Estimated Tax Payments, click on the start or update button   On State estimated taxes for 2025, click on the start button
Tax Products Group Contact Information - https://help.sbtpg.com/hc/en-us/articles/230084587-Contact-Information Call 1-877-908-7228
Originally deposited in Roth IRA up to the contribution limit for 2024. Determined I could not contribute the full amount. Removed excess contribution prior 04/15/2024. I actually lost money during... See more...
Originally deposited in Roth IRA up to the contribution limit for 2024. Determined I could not contribute the full amount. Removed excess contribution prior 04/15/2024. I actually lost money during the time period the funds were in the Roth account. Received a 1099-R for 2025 reporting the excess amount. Using Turbotax Online Premium, it is calculating the 6% penalty on the entire excess amount. From what I'm reading, there should be no penalty given I removed the amount prior to the 04/15/2024 filing deadline for 2024.
You report the taxes paid in 2026 on the 2026 tax return to be filed next year.
No one can call you from the user forum.   You have to track your own refund on the IRS site.  TurboTax gets no information from the IRS after you file your tax return; the IRS will not tell TurboTax... See more...
No one can call you from the user forum.   You have to track your own refund on the IRS site.  TurboTax gets no information from the IRS after you file your tax return; the IRS will not tell TurboTax anything.   TurboTax gives you an estimated date for receiving your refund based on a 21 day average from your date of acceptance, but it can take longer.  “21 days”  is not a promise from TurboTax or the IRS.      First, check your e-file status to see if your return was accepted:  https://turbotax.intuit.com/tax-tools/efile-status-lookup/   Once your federal return has been accepted by the IRS, only the IRS has any control.  TurboTax does not receive any updates from the IRS. Your ONLY source of information about your refund now is the IRS.     You need your filing status, your Social Security number and the exact amount  (line 35a of your 2025 Form 1040) of your federal refund to track your Federal refund:    https://www.irs.gov/refunds   To track your state refund:     https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-refund/track-state-refund/L3jgO8PGs_US_en_US?uid=lt447ebr   If you chose to have your TurboTax fees deducted from your federal refund, that will take some extra time, while the third party bank handles the refund processing     https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-refund/refunds-take-longer-others/L14YlqFrH_US_en_US?uid=lexdr7zh . https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-refund/irs-refund-taking-longer-21-days/L2vRAJbdU_US_en_US?uid=lexe7lst         If you are getting earned income credit on line 27 or additional child tax credit on line 28 You are subject to the delay required by the PATH act.  Do not expect your refund before early March   https://ttlc.intuit.com/turbotax-support/en-us/help-article/internal-revenue-service/federal-refunds-delayed-due-path-act/L5jnQJsBi_US_en_US   Note:  “Accepted” is not the same as “approved”.  TurboTax tells you the e-file was accepted if the IRS deems that there is enough information on the return for them to take it in for processing.   Only the IRS can approve of the refund, which is a later stage of processing.  If the IRS approves your refund they will provide a date for the refund to be issued.   FROM THE IRS WHERE’S MY REFUND SITE: https://www.irs.gov/wheres-my-refund How it works Where's My Refund shows your refund status: Return Received – We received your return and are processing it. Refund Approved – We approved your refund and are preparing to issue it by the date shown. Refund Sent – We sent the refund to your bank or to you in the mail. It may take 5 days for it to show in your bank account or several weeks for your check to arrive in the mail.          
One of the agents gave me a number but it was not the tax payer number
Tax year 2024
Billing for the taxes came out late to our mortgage company
E.g. bought at Euro 1094.84 (exchange rate 0.8605 to dollar) = $942.11, sold at Euro 3415.72 (exchange rate 0.8679429 to dollar = $3935.42; Gain: Euro 2320.88 (exchange rate 0.8679429) = $2674.00. B... See more...
E.g. bought at Euro 1094.84 (exchange rate 0.8605 to dollar) = $942.11, sold at Euro 3415.72 (exchange rate 0.8679429 to dollar = $3935.42; Gain: Euro 2320.88 (exchange rate 0.8679429) = $2674.00. But using only proceeds minus basis in Euros exchanged into dollars yields gain of $2993.31 -- i.e., $320 or more than actually gain that was paid in Euros.
Stop.   Wait until your original return has been fully processed by the IRS before you send in an amended return.  Sometimes the IRS catches mistakes and corrects them for you.   Sending an amended r... See more...
Stop.   Wait until your original return has been fully processed by the IRS before you send in an amended return.  Sometimes the IRS catches mistakes and corrects them for you.   Sending an amended return before your original return has been processed can lead to confusion and long delays.
My parents are in their 90s and haven't been required to complete federal taxes for years. My mom received a life insurance dividend check with 10% taken out for Federal taxes. Does she need to file ... See more...
My parents are in their 90s and haven't been required to complete federal taxes for years. My mom received a life insurance dividend check with 10% taken out for Federal taxes. Does she need to file a return to receive that money back?
Where do i add virginia estimated taxes paid?