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My mutual fund list a percentage of total ordinary dividends from U.S.Government Obligations but does not list any ordinary dividends. The fund only list qualified dividends.Does not list interest. ... See more...
My mutual fund list a percentage of total ordinary dividends from U.S.Government Obligations but does not list any ordinary dividends. The fund only list qualified dividends.Does not list interest. Are the qualified Dividends state tax exempt?
Which PIN are you referring to?  The 6 digit Identity Protection PIN that is sent to you each year from the IRS because you reported an identity theft? - https://www.irs.gov/identity-theft-fraud-sc... See more...
Which PIN are you referring to?  The 6 digit Identity Protection PIN that is sent to you each year from the IRS because you reported an identity theft? - https://www.irs.gov/identity-theft-fraud-scams/retrieve-your-ip-pin Or the 5 digit e-file PIN where you only need to self-select any 5 digits to e-file the tax return along with the 2024 AGI from your 2024 federal tax return?
I don't know how to file properly on line.
You may want to contact the issuer and ask them to send a corrected 1099 form, which should contain the same information but with a $0 amount. If they can't provide a corrected form, you are obligate... See more...
You may want to contact the issuer and ask them to send a corrected 1099 form, which should contain the same information but with a $0 amount. If they can't provide a corrected form, you are obligated to report the income and pay the associated taxes.  
I don't see that option          
Yes, dental implants and other dental work is considered to be a deductible medical expense if it is medically necessary.  It is not deductible if it is done for cosmetic reasons alone.   To lear... See more...
Yes, dental implants and other dental work is considered to be a deductible medical expense if it is medically necessary.  It is not deductible if it is done for cosmetic reasons alone.   To learn more, see the following information from the IRS:  Non-deductible Medical Expenses   As you go through the Medical Expense section of TurboTax you will find a separate category for dental expenses.
No.  You should enter your W-2 exactly as you received it and then after you finish entering it under "Let's check for other situations" select Non Taxable Medicaid waiver payments that qualify as di... See more...
No.  You should enter your W-2 exactly as you received it and then after you finish entering it under "Let's check for other situations" select Non Taxable Medicaid waiver payments that qualify as difficulty of care payments.   Then on the next screen you can select some of it or all of it is difficulty of care payments and if not all of it, you will be able to enter the amount that is. 
     
We’re currently working to resolve this issue. If you’d like to receive progress updates, visit the following TurboTax help article:   Why do I get "Something went wrong" screen when I try to add... See more...
We’re currently working to resolve this issue. If you’d like to receive progress updates, visit the following TurboTax help article:   Why do I get "Something went wrong" screen when I try to add Farm Income?    
Did you sell a right of way easement?  Do you still own the land and still pay property taxes on the land?  Or was there an actual sale of the land and the new owner pays the property taxes on the la... See more...
Did you sell a right of way easement?  Do you still own the land and still pay property taxes on the land?  Or was there an actual sale of the land and the new owner pays the property taxes on the land?   IRS form 1099-S Proceeds from Real Estate Transactions may report:   Your main home,  A second home,  A vacation home,  Land, Residential rental property, or Real property recorded as a business asset. The tax treatment of each of these transactions differ. Sale of a second home, an inherited home or land are considered investment sales.   In TurboTax Online Premier, follow these steps to report the sale:   Click on the Search magnifying glass in the upper right hand corner of the screen and enter sale of second home. Click on the Jump to sale of second home link. Click on Add investments. At the screen Save time and connect your financial accounts, click on Enter a different way. At the screen How do you want to add your docs?, select Type it in myself. At the screen OK, let's start with one investment type, select Other and click Continue. At the screen Tell us more about this sale, enter the name.      Click Continue. At the screen Now, enter one sale….., enter the information.      Click Continue. At the screen Let us know if any of these situations apply to this sale, answer as appropriate.  Click Continue.  The entry will be reported:   on Schedule D of the Federal 1040 tax return, and  on line 7 of the Federal 1040 tax return. If you still own the land, the general treatment is that the payment is not income but reduces the basis in the land that you own.  So, if you paid $10,000 for the land and received a right of way payment for $1,000, your new basis in the property is $9,000.    You still have to deal with the 1099 that was reported to the IRS.  Report the income, then immediately report a minus entry for the same amount.  Reference both entries as 'right of way sold - basis adjustment'.  Follow the steps below to report this income that is not reported as self-employment income.   Down the left side of the screen, click Federal. Down the left side of the screen, click Wages & Income. Click the down arrow to the right of Less Common Income. Click to the right of Other miscellaneous income…. Click to the right of Other reportable income. At the screen Other Taxable Income enter the description of the income. Click Add another Miscellaneous income Item.   View the entries at Tax Tools / Print Center / Print, save or preview this year's return / Include government and TurboTax worksheets.  The income will be listed on line 8z of the Schedule 1 Additional Income and Adjustments to Income and line 8 of the Federal 1040 tax return.  
We'd love to help you complete your tax return, but need more information. Can you please clarify your question?
I continued to work for same company, just remotely. My employer continued to withhold RI taxes. TX has no state income tax. Why do I suddenly owe more money?
You can't attach the 1099-B to the return using TurboTax desktop.   Online has that capability, but not the desktop program. You will have to print the statements as well as form 8453, and mail them.... See more...
You can't attach the 1099-B to the return using TurboTax desktop.   Online has that capability, but not the desktop program. You will have to print the statements as well as form 8453, and mail them.   Here's how to mail your statements after the tax return is filed if you are unable to attach a .pdf with summary transactions: If you're e-filing your tax return, then mail your statements along with Form 8453 to: Internal Revenue Service Attn: Shipping and Receiving, 0254 Receipt and Control Branch Austin, TX 73344-0254      
Yes, you need to separate the income and expenses to report them under each property.  Use your own records, or ask the property manager for more details in order to know each property's income and e... See more...
Yes, you need to separate the income and expenses to report them under each property.  Use your own records, or ask the property manager for more details in order to know each property's income and expense allocations.   You can enter the Form 1099-MISC under each property or skip entering it altogether.     If you enter it under each property on Schedule E, just change the amount of rent received to match your records for the rent received for each property.  Or, if you want to skip entering the Form 1099-MISC details, just enter the rent amount from your records under each property as 'cash' or other income.     The important thing is that all of the income reported on the Form 1099-MISC is reported on your return, allocated to each individual property.      
Which state?  What type of credit?  
In the Other Deduction section you will enter the Federally Declared Natural disaster expenses in the Casualties and Thefts spot.   The complete set of steps are as follows."  Federal Ded... See more...
In the Other Deduction section you will enter the Federally Declared Natural disaster expenses in the Casualties and Thefts spot.   The complete set of steps are as follows."  Federal Deductions and Credits Show More next to Other Deductions Start next to Casualties and Thefts Enter the Description, Date and Property Type When you select Personal property, you will need to select the special tax treatment.   When you click next you will need to enter the FEMA disaster code.   Continue through the entries About Casualty Deduction for Federal Income Tax
Did you sell a right of way easement?  Do you still own the land and still pay property taxes on the land?  Or was there an actual sale of the land and the new owner pays the property taxes on the la... See more...
Did you sell a right of way easement?  Do you still own the land and still pay property taxes on the land?  Or was there an actual sale of the land and the new owner pays the property taxes on the land?   IRS form 1099-S Proceeds from Real Estate Transactions may report:   Your main home,  A second home,  A vacation home,  Land, Residential rental property, or Real property recorded as a business asset. The tax treatment of each of these transactions differ. Sale of a second home, an inherited home or land are considered investment sales.   In TurboTax Online Premier, follow these steps to report the sale:   Click on the Search magnifying glass in the upper right hand corner of the screen and enter sale of second home. Click on the Jump to sale of second home link. Click on Add investments. At the screen Save time and connect your financial accounts, click on Enter a different way. At the screen How do you want to add your docs?, select Type it in myself. At the screen OK, let's start with one investment type, select Other and click Continue. At the screen Tell us more about this sale, enter the name.      Click Continue. At the screen Now, enter one sale….., enter the information.      Click Continue. At the screen Let us know if any of these situations apply to this sale, answer as appropriate.  Click Continue.  The entry will be reported:   on Schedule D of the Federal 1040 tax return, and  on line 7 of the Federal 1040 tax return. If you still own the land, the general treatment is that the payment is not income but reduces the basis in the land that you own.  So, if you paid $10,000 for the land and received a right of way payment for $1,000, your new basis in the property is $9,000.   You still have to deal with the 1099 that was reported to the IRS.  Report the income, then immediately report a minus entry for the same amount.  Reference both entries as 'right of way sold - basis adjustment'.   Follow the steps below to report this income that is not reported as self-employment income.   Down the left side of the screen, click Federal. Down the left side of the screen, click Wages & Income. Click the down arrow to the right of Less Common Income. Click to the right of Other miscellaneous income…. Click to the right of Other reportable income. At the screen Other Taxable Income enter the description of the income. Click Add another Miscellaneous income Item.    View the entries at Tax Tools / Print Center / Print, save or preview this year's return / Include government and TurboTax worksheets.   The income will be listed on line 8z of the Schedule 1 Additional Income and Adjustments to Income and line 8 of the Federal 1040 tax return.  
I received an email that my return was rejected. When I return to TurboTax Business, it does not show where an error might be. Now what?