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This is a known experience that is being addressed by the development team.  You may use the link in the TurboTax help article below to register your email address and be notified as the program is u... See more...
This is a known experience that is being addressed by the development team.  You may use the link in the TurboTax help article below to register your email address and be notified as the program is updated:   Why do I get "Something went wrong" screen when I try to add Farm Income?  
Tried this online and it did not fix the issue.  My 5695 still does not populate correctly.  I've deleted the form and re-entered the information multiple times.
I am in the same boat but after researching I have came across multiple answers and am more confused than before.   I amended her taxes yesterday. So can I refile (by efile) mine with her as a depe... See more...
I am in the same boat but after researching I have came across multiple answers and am more confused than before.   I amended her taxes yesterday. So can I refile (by efile) mine with her as a dependent tomorrow (with a IP pin) or do I have to wait for her amended return  to get accepted? which I know takes forever and could require me to get an extension. or   do I go ahead and submit my taxes without her and then in a couple months amend mine to show her added?   which way would be the less headache? Truthfully, We have never had this issue before.  Thank you in advance.   
Bonjour, J'ai communiqué par téléphone au soutien de Turbo Impôt et j'ai eu une réponse.  Il faut bien compléter l'Annexe 15 pour que le montant se transfère à la ligne 20805 du T1 au fédéral et à l... See more...
Bonjour, J'ai communiqué par téléphone au soutien de Turbo Impôt et j'ai eu une réponse.  Il faut bien compléter l'Annexe 15 pour que le montant se transfère à la ligne 20805 du T1 au fédéral et à la ligne 215 de TP1 au provincial. Je croyais que cet annexe se complétait automatiquement mais il y a des lignes à compléter par nous. J'ai donc complété l'Annexe 15 et le montant c'est bien inscrit automatiquement à ces deux lignes. (Voir à la ligne 57 de l'annexe 15)                  
To 2025 from 2024?  Or to 2026 next year?    On the income page The 2025 column shows the carryover to 2026 (not your current loss for 2025). Schedule D doesn't actually show the carryover amount. T... See more...
To 2025 from 2024?  Or to 2026 next year?    On the income page The 2025 column shows the carryover to 2026 (not your current loss for 2025). Schedule D doesn't actually show the carryover amount. To find your Capital Loss Carryover amount you need to look at your return schedule D page 2. Line 16 will be your total loss and line 21 should be a max loss of 3,000. The difference between line 16 and 21 is the carryover loss for next year.   Then there are 2 worksheets…. Capital Loss Carryover worksheet showing the carryover from the prior year and the current amounts. Capital Loss Carry Forward worksheet showing the amount transferring over to next year. In the Online version you have to save your return with all the worksheets as a pdf file to your computer to see the Capital Loss worksheets. You need to use Online Premium to enter a Capital Loss Carryover and investments. Or any of the Desktop programs. In the Desktop program you can switch to Forms Mode and open the worksheets. But if you have a negative AGI or negative taxable income it will show up on 1040 BUT it won't reduce the carryover to the next year.   Each year you get to first offset the carryover loss against any gains you have each year so that can use more of it up. Then after applying the loss to the current gains if there is still a loss, you can take a max loss of 3,000 per year.        
Is the credit the Saver's Credit?  If so, click on My Info on the left side of the online program screen.  Edit your information and enter your occupation as Student.  This will remove the credit and... See more...
Is the credit the Saver's Credit?  If so, click on My Info on the left side of the online program screen.  Edit your information and enter your occupation as Student.  This will remove the credit and allow you to use the Free edition.
401k funds designated roth but not roth IRA. If I say it is not from a Roth IRA, am I being double taxed?
@fxspain wrote:  I also tried reducing prior depreciation by $267, but this only increased the 2025 depreciation allowance by $10.   Yeah, after your last post I tested it in my professional... See more...
@fxspain wrote:  I also tried reducing prior depreciation by $267, but this only increased the 2025 depreciation allowance by $10.   Yeah, after your last post I tested it in my professional software and go a similarly small result.  But you should still do that to get the correct amount.   My only GUESS is that somehow there was an error that the program wasn't registering the date correctly.  Out of curiosity, if you NOW change it BACK to December 1st, is it still correct or does it revert back to the weird amount?
I just tried to file my taxes and am getting this error message.  I tried updating, doing the manual update, turning off Norton, restarting Turbo Tax and nothing is working.  What do I try next?  
my carryover capital loss is $1550 when it should be $3000
Were you claimed as a dependent on your parent's tax return and they filed their return before you?
No one from this user forum can see your screen, your tax return or anything in your account.   If you are working with a "Live" expert you can allow the expert to see your return.   https://ttlc... See more...
No one from this user forum can see your screen, your tax return or anything in your account.   If you are working with a "Live" expert you can allow the expert to see your return.   https://ttlc.intuit.com/turbotax-support/en-us/help-article/product-setup/connect-tax-expert-turbotax-live/L73wOZD5D_US_en_US?uid=m8zw1pbb  
Are you reporting the rental property asset in TurboTax Online in Rental Properties and Royalties?     Are you reporting the rental property as a depreciable asset within the rental activity on S... See more...
Are you reporting the rental property asset in TurboTax Online in Rental Properties and Royalties?     Are you reporting the rental property as a depreciable asset within the rental activity on Schedule E Supplemental Income and Loss?   If so, in TurboTax Premium Online, follow these directions for the sale/disposal of a rental property.     Down the left side of the screen, click on Federal. Down the left side of the screen, click on Wages & Income. Click to the right of Rentals, Royalties and Farm. Click to the right of Rental Properties and Royalties. At the screen Your rentals and royalties summary, click the pencil to the right of the property sold. At the screen Here's XXX rental property info, scroll down to Assets, click the pencil to the right. At the screen XXX depreciable assets, click Edit to the right of the rental property. At the screen Tell Us More About This Rental Asset, select The items was sold, retired, stolen, destroyed, disposed of, converted to personal use.... Enter the date sold.  Continue. Continue through the screens about the disposal of the asset.   You may find that there will be two sale entries, one for the rental structure and one for the land the structure sits on.  The rental property asset maintains a cost basis for the structure and a cost basis for the land beneath the structure.
Yes; you need to report all income for the year, including cryptocurrency received on Form 1099-DA. Note that the IRS receives a matching copy of all standard income forms (1099's, W-2) in order to u... See more...
Yes; you need to report all income for the year, including cryptocurrency received on Form 1099-DA. Note that the IRS receives a matching copy of all standard income forms (1099's, W-2) in order to update your income transcript online; any mismatched information that you report on your personal income tax return compared to their database can trigger an automated underreporting notice.    To amend your return, wait until your e-filing is accepted by both the federal and state authorities. You should not attempt to make any changes before then, because federal amended Form 1040-X requires a clean copy of the originally filed Form 1040 to be attached. FAQ instructions: What should I know before amending my return? Here are some things to know before you begin: Make sure you really need to amend. Wait until your return has been accepted (or mailed if paper-filing). Use the same TurboTax account you used to file your original return. Once you begin your amendment, you'll see your original return. Only make changes to the areas of your return that need amending. The refund calculator will start new at $0 and only reflect the changes in the refund or tax due. Any changes you make to amend your federal return will automatically be transferred over to your state return. What if I haven’t finished filing my original return? If you haven't filed yet, you don't need to amend. Just continue working on your return and make whatever changes you need before filing. From that point, you can follow these FAQ instructions to enter your capital gain income/loss from form 1099-DA.
Having the same issue.  Spend over an hour trying to figure out what was going on.  Tried deleting and re-entering the information but the form still doesn't generate properly and doesn't properly ap... See more...
Having the same issue.  Spend over an hour trying to figure out what was going on.  Tried deleting and re-entering the information but the form still doesn't generate properly and doesn't properly apply my deduction.
There is no charge to amend your 2024 return unless the change you are making requires an upgrade to a higher version of the software.   https://ttlc.intuit.com/turbotax-support/en-us/help-articl... See more...
There is no charge to amend your 2024 return unless the change you are making requires an upgrade to a higher version of the software.   https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-return/amend-change-correct-return-already-filed/L4VjJ9BA2_US_en_US?uid=m76mq6z2   Use a mailing service like certified mail  to track so you will know it was received since you will have a long wait.   Do not expect quick results from amending. It can take four months or more for the IRS to process an amended return.     You can watch for information here: https://www.irs.gov/filing/wheres-my-amended-return    
My wife's employer incorrectly applied a tax free scholarship to her income for the year, which means taxes were taken out of it. They realized their mistake and provided a corrected W2, but the only... See more...
My wife's employer incorrectly applied a tax free scholarship to her income for the year, which means taxes were taken out of it. They realized their mistake and provided a corrected W2, but the only items they updated were boxes 1, 3 & 5. When I filed our 2024 taxes it told me to reduce the social security tax line by the overage and to send in a form 843 for a refund, which is what I did. We recently received a letter response from the IRS stating form 843 isn't correct and we needed to complete an amended return. Everything i've found on the internet and this website states form 843 is needed when social security tax is overpaid by 1 employer. I'm not sure where to go from here since i've submitted the 843 and the IRS is saying we need to do an amended return, but when I do that it says nothing has changed. What do I do at this point? Thanks for any help you can provide.