All Posts

No.  That is not deductible.  First, you must be non-exempt in order to be eligible for the overtime deduction. Second, only the overtime premium (the extra "half" in time-and-a-half) is deductible and that is $0 in this case.    Here is an article you may find helpful: No Tax on Overtime Explained: Qualified Overtime Deduction Rules for 2025

You can check  to see if your return was accepted by the IRS in TurboTax.     If you used TurboTax Online, you can see the status of your return on  the Tax Home screen of your account.  You should have also received emails updating you on your return status.     If you used TurboTax Desktop: Select File. Select Check E-file status.  

Other users can only see your returns if they use the desktop program on the same computer that you did the returns on.  Turbo Tax Online does not store or save your Desktop returns even if you efile them.  If they log into your online account they can only see your acount profile information, not the actual returns.  Like your program downloads to install the program again.     The actual tax data files end in .tax2025, .tax2024 etc.  and any pdf files are only on that specific computer unless you moved them or backed them up and deleted them.  

The IRS most likely sent a check instead of a direct deposit because your financial institution rejected the deposit, you provided incorrect banking information, or the account name didn't match the name on your  tax return.   You can contact your bank to confirm if they have rejected a direct deposit attempt.   The IRS will usually send a Notice CP53D to explain why this happened.

Si vous recevez le message qu'il y a des formulaires verrouillés, vous ne pourrez pas sauvegarder en .PDF, ni envoyer par IMPÔTNET ou même imprimer.   Si vous recevez ce message à propos des formulaires, désinstallez le logiciel à partir du Panneau de configuration et réinstallez à partir du lien de téléchargement direct suivant: TurboImpôt Bureau 2025   Merci de choisir TurboImpôt.

For starting your TurboTax account with a C-Corporation you formed in 2025, select the employment status that reflects your role in that corporation. Typically, if you are an owner and also work as an employee of the C-corp, you would select Employee for your wages from the C-Corp if you receive a W-2. If you report income or losses from the C-corp as a shareholder, those are handled separately, not as self-employed income. You usually do not select self-employed status for C-corp wages because the corporation is a separate legal entity. Instead, enter wages from your W-2 issued by the C-corp under Wages & Income. If you have business income from the C-corp (like dividends or distributions), those have other entry areas but are separate from employment status selection.

Thanks for the explanation Volvogirl.   I am 70 and not yet pulling out any RMD.   The fact that prior years it did say as I mentioned  "Then on 1040 on those years, next to 5b on 1040 there was "ROLLOVER" written in smaller font telling me it did the rollover to ROTH successfully."    However, this time, should I see the same verbiage "ROLLOVER" in smaller font next to 1040 line 5b $100,000?  Else how would I know it is a rollover or not.    Thank you SP

There was an update on March 6.  Go back through your return, and make any changes as needed, then file your return.   If you are using TurboTax Online the program updates automatically.   If you are using TurboTax Desktop make sure all updates have been run on your program. You can do this by clicking on "Online" in the black bar across the top of your TurboTax screen. And then select "Check for Updates".   @ah1838