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The IRS instructions say to leave the 1099-S off your return, file by mail, and attach a copy of the 1099-S and a letter of explanation.  But this means you can't e-file.   To e-file, you would h... See more...
The IRS instructions say to leave the 1099-S off your return, file by mail, and attach a copy of the 1099-S and a letter of explanation.  But this means you can't e-file.   To e-file, you would have to either (a) leave the 1099-S off, and wait for the IRS to probably send you a letter, or (b) add the 1099-S and report the value and selling price the same so it nets out to zero (but this might still lead to a letter).    Whatever letter of explanation you eventually send, should explain the circumstances and include your father's name and address, because the IRS is going to want to see the full income on his return instead of half. 
Quel avertissement recevez-vous pour votre CELIAPP? Les avertissements peuvent être ignorés mais pas les erreurs.    Plusieurs personnes sont dans cette situation, malheureusement. Pour commencer... See more...
Quel avertissement recevez-vous pour votre CELIAPP? Les avertissements peuvent être ignorés mais pas les erreurs.    Plusieurs personnes sont dans cette situation, malheureusement. Pour commencer, il faut vérifier si vous utiliser des formulaires qui sont encore verrouillés en attente de finalisation et validation. Voici la liste: Quels formulaires d’impôt sont verrouillés?   Si ceci ne vous concerne pas, merci de patienter pendant que l'équipe technique trouve le problème et la solution. Je vous garde au courant car votre message a été placé en signet.    Merci   
Form 8995 is generated automatically in TurboTax upon entering qualified business income, such as Schedule C, E, or K-1, rather than being filled out directly. Users can verify that the form was gene... See more...
Form 8995 is generated automatically in TurboTax upon entering qualified business income, such as Schedule C, E, or K-1, rather than being filled out directly. Users can verify that the form was generated by accessing "Forms" (Desktop) or "Tax Tools" > "Tools" > "View Tax Summary" (Online).    Check your entries for the K-1 and any other business schedules to confirm that your answers to the questions did not include anything that would exclude you from the Qualified Business Income Deduction. The entries for the business forms have follow-up questions that help determine whether the QBI Deduction applies.   Some other users have found that clicking the QuickZoom at the top of the QBI Deduction Summary worksheet for Form 8995 caused the form to populate, or that viewing the form in Forms Mode caused it to populate. The information on the actual form may explain why it's not included.    You can use Form 8995 if your 2025 total taxable income (before the qualified business income deduction) is less than $197,300 ($394,600 for joint filers) and you're not a patron of an agricultural or horticultural cooperative. Otherwise, you’ll use the longer Form 8995-A.    See this tax tips article for more information about Form 8995.   @user17720403316 
Good morning! My wife's grandmother passed away and the trust sold some farmland that she owned. We are 1 of 10 recipients receiving a small portion of that sale through 4 payments a year from an ... See more...
Good morning! My wife's grandmother passed away and the trust sold some farmland that she owned. We are 1 of 10 recipients receiving a small portion of that sale through 4 payments a year from an escrow company from the man who purchased the land. My wife received a 1099-S but I don't know how I report this on our return. Is this considered an installment sale? I don't know the value of the land when it sold or anything like that and don't quite know where to go from here. The only tax documentation that we received was the 1099-S.   Thanks!
Maybe, it depends on a couple things. Can you tell me how old your daughter was on Dec 31, 2025?  She only has to attend school for part of at least 5 months during the year so if she had classes fro... See more...
Maybe, it depends on a couple things. Can you tell me how old your daughter was on Dec 31, 2025?  She only has to attend school for part of at least 5 months during the year so if she had classes from May 30-Sept 1, that counts as 5 months and makes her a full-time student.  Did she get a 1098-T from the school and does she have tuition paid in box 1 that is more than any scholarships or grants listed in box 5? And finally, is your income on your return over $180,000?   Once I have that information, I can advise you better.
We're working hard to finalize all tax forms to meet Canada Revenue Agency (CRA) and Revenu Québec (RQ) requirements. Some of these forms aren’t ready yet in TurboTax. https://turbotax.community.int... See more...
We're working hard to finalize all tax forms to meet Canada Revenue Agency (CRA) and Revenu Québec (RQ) requirements. Some of these forms aren’t ready yet in TurboTax. https://turbotax.community.intuit.ca/turbotax-support/en-ca/help-article/tax-return/turbotax-say-forms-locked-finalized/L9h4thZZJ_CA_en_CA Once the forms are complete, you will receive an email by March 5th advising that they are ready for filing. We appreciate your patience as we work to finalize these forms.   Thank you for choosing TurboTax.
Plusieurs personnes sont dans cette situation, malheureusement. Pour commencer, il faut vérifier si vous utiliser des formulaires qui sont encore verrouillés en attente de finalisation et validation.... See more...
Plusieurs personnes sont dans cette situation, malheureusement. Pour commencer, il faut vérifier si vous utiliser des formulaires qui sont encore verrouillés en attente de finalisation et validation. Voici la liste: Quels formulaires d’impôt sont verrouillés?   Si ceci ne vous concerne pas, merci de patienter pendant que l'équipe technique trouve le problème et la solution. Je vous garde au courant puisque vous êtes dans mes messages privés.    Merci de choisir TurboImpôt  
When my mom passed away, we reworked my parents deed to have me on for right of survivorship to make any transfer easier later down the road when dad passes. He sold the house and moved, and as approp... See more...
When my mom passed away, we reworked my parents deed to have me on for right of survivorship to make any transfer easier later down the road when dad passes. He sold the house and moved, and as appropriate kept the proceeds himself. Since I am on deed, the lawyers sent me a 1099-s for half of the proceeds, which I received 0. I cannot figure out how to account for the 1099-s since my "half" is actually his whole.
The instruction to write NRA in the space for the SSN is an older instruction.  With the re-design of form 1040, the current instruction is to write "NRA" in the space for the spouse's name, and leav... See more...
The instruction to write NRA in the space for the SSN is an older instruction.  With the re-design of form 1040, the current instruction is to write "NRA" in the space for the spouse's name, and leave the spouse's SSN spot blank.         The IRS does allow e-filing in this situation but Turbotax might not be programmed to allow it, I haven't tested this year. 
no more details. where do you enter the CA refund to apply to next year tax???????????????????????????????????????????????????????????????
Thank you for respond. Does this mean: 1.  To amend my 2024 return I would have to wait until after the taxes are filed for 2025? I am using desktop application so the clearing of the cookies/cache... See more...
Thank you for respond. Does this mean: 1.  To amend my 2024 return I would have to wait until after the taxes are filed for 2025? I am using desktop application so the clearing of the cookies/cache does not apply. 2. By the same token, should we not be able to file Amendment for 2022 Tax return? I am not able to do the same on the desktop versionof the software. 
I’m working on a trust tax return. Trust is irrevocable for education purposes. There are 11 beneficiaries under the same trust. I’m confused about the way TT allocates taxable income to the benefici... See more...
I’m working on a trust tax return. Trust is irrevocable for education purposes. There are 11 beneficiaries under the same trust. I’m confused about the way TT allocates taxable income to the beneficiaries who got distributions. After much googling, ChatGPTing and Copiloting it seems the advice is to input the total distribution amounts in the Distribution screen, however that leads to almost the entire trust taxable income amount being allocated to a couple beneficiaries. Since there are 11 beneficiaries you can imagine that 2 beneficiaries with distributions will get huge a huge personal tax bill. After further research this allocation also seems to contradict Separate Share Rule (section 663(c)). Could anybody explain to me how do I fix it in TT? The only plausible way I came up with so far is to input only distributed taxable share of income in the TT distribution allocation screen, not the entire amount. Will I be at risk from fiduciary liability prospective? Will trust beneficiaries have problems with IRS to defend the source of the money they received if ever audited?
The Form 1040-X for amending a 2025 federal tax return is estimated to be available in TurboTax on 03/04/2026   Not until the IRS updates the Form 1040-X instructions for tax year 2025 can TurboT... See more...
The Form 1040-X for amending a 2025 federal tax return is estimated to be available in TurboTax on 03/04/2026   Not until the IRS updates the Form 1040-X instructions for tax year 2025 can TurboTax provide a 2025 Form 1040-X. Current IRS Form 1040-X instructions are for tax year 2024 - https://www.irs.gov/pub/irs-pdf/i1040x.pdf IRS Draft Form 1040--X instructions for tax year 2025 - https://www.irs.gov/pub/irs-dft/i1040gi--dft.pdf
The retirement income should have been reported to you on a Form 1099-R.   To enter, edit or delete a form 1099-R - Click on Federal Taxes (Personal using Home and Business) Click on Wages and... See more...
The retirement income should have been reported to you on a Form 1099-R.   To enter, edit or delete a form 1099-R - Click on Federal Taxes (Personal using Home and Business) Click on Wages and Income (Personal Income using Home and Business) Click on I'll choose what I work on (if shown) Scroll down to Retirement Plans and Social Security On IRA, 401(k), Pension Plan Withdrawals (1099-R), click the start or update button Online editions -   On the screen Did you get a 1099-R in 2025? Click on Yes On the screen Let's import your tax info Click on Change how I enter my form On the screen How would you like to upload your 1099-R? Click on Type it in myself On the screen Who gave you a 1099-R? select the type of 1099-R you received and Continue
Do you have a 1099R? To enter your retirement income, Go to  Federal> Wages and Income>Retirement Plans and Social Security>IRA  401 k) Pension Plan Withdrawals to enter your 1099R.    
If a taxpayer receives a 1099-NEC for their work along with their usual annual W-2 income but it is not consistent and some years they have and some years they do not. Question is how are the years w... See more...
If a taxpayer receives a 1099-NEC for their work along with their usual annual W-2 income but it is not consistent and some years they have and some years they do not. Question is how are the years without a 1099-NEC reported? This may be non-inclusive of everything but for example expenses, items bought for the work that was paid for, mileage and vehicle usage for the work paid for, onward and etc. Do you not depreciate an item bought or used? Do you just leave out the Schedule C all together and report nothing if no 1099-NEC received for that tax year? Do you include expenses even if its a negative due to no 1099-NEC income or is that an ask for an audit if over 2 to 3 to 4 years of no 1099-NEC issued? Please help with a detailed response to this scenario with examples and references. Thanks. 
Yes, if you didn't post one of your W-2s you should amend the return.   TurboTax will be available to process amended returns for 2025 in Early March of 2026. TurboTax provides a list of Tax form ... See more...
Yes, if you didn't post one of your W-2s you should amend the return.   TurboTax will be available to process amended returns for 2025 in Early March of 2026. TurboTax provides a list of Tax form availability ‌for individual Federal and State returns forms that are‌ being revised. On the website Select Select return type [1040 Individual] Select agency [US - Federal] Third Box [1040X] Once available, you can make a change to a tax return that has already been filed and accepted.  You should follow these guidelines.  You must first wait until the initial return is completely processed.  You will have to use the same TurboTax account that you used for the original tax return.  Once you begin your amendment, you'll see your original return.   The refund calculator will start ‌at $0 and only reflect the changes in the refund or tax due  Only make changes to the areas of your return that need to be corrected.  You have three years from the date you filed your return or two years after you paid the tax due (whichever is later) to file an amendment  Select your product below and follow the instructions.  Amend TurboTax Online  Amend TurboTax CD/Download   
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 processi... See more...
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.