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@Moots07 wrote: My return was accepted and is being processed. That means she was not claimed yet, correct? Assuming the IRS hasn't messed up, your return would not have been accepted if y... See more...
@Moots07 wrote: My return was accepted and is being processed. That means she was not claimed yet, correct? Assuming the IRS hasn't messed up, your return would not have been accepted if your child had already be claimed by someone else. 
No. Your wages should NOT be reduced by the Overtime premium.  If they were, then you should contact your employer for a corrected W-2.  The Overtime Premium still needs to be reported to the IRS and... See more...
No. Your wages should NOT be reduced by the Overtime premium.  If they were, then you should contact your employer for a corrected W-2.  The Overtime Premium still needs to be reported to the IRS and then it is deducted on Schedule  1-A.   So no, at this point do not check the box for Overtime in the Let's check for other situations.  Instead, first double check to be sure box 1 is incorrect by matching it to your last paystub of 2025.  Then if it is incorrect, contact your employer to get a corrected W-2.     If they do not correct you can start by contacting the IRS.     "You may call the IRS at 800-829-1040 for assistance (see telephone assistance for hours of operation). When you call, please have the following information available: Your name, address (including ZIP Code), birthdate and taxpayer identification number Your employer/payer's name, address (including ZIP Code) and, if available, an employer identification number (EIN) The IRS will contact the employer/payer for you and request they send you or make available to you the missing or corrected form. The IRS will also send you a Form 4852, Substitute for Form W-2, Wage and Tax Statement, or Form 1099-R, Distributions From Pensions, Annuities, Retirement or Profit-Sharing Plans, IRAs, Insurance Contracts, etc., along with a letter containing instructions for you. If you don't receive the missing or corrected form in sufficient time to file your tax return, you may use Form 4852 to complete your return. Estimate your wages or the payments made to you and any taxes withheld and report them on Form 4852. If you receive the missing or corrected Form W-2 or Form 1099-R after you file your return and the information differs from your estimates, you must file Form 1040-X, Amended U.S. Individual Income Tax Return. For additional information on filing an amended return, see Topic no. 308 and Should I file an amended return?
To reach out one of our tax experts, open the link below: TurboTax Phone Number    
@markmil11 wrote: Some real winners: Upgrade to 11 and/or Use H&R Block ...now post that to at least 25 people asking questions... [removed]
It depends. If you didn't itemize deductions in 2023, you don't need to report this as income.
Thank you, extremely helpful information, exactly what I was looking for. 
It did increase to $40,000 for federal tax and many states are conforming to the new federal limit.  However, Georgia has yet to adopt the new limit.  From the Georgia Department of Revenue - Tax Upd... See more...
It did increase to $40,000 for federal tax and many states are conforming to the new federal limit.  However, Georgia has yet to adopt the new limit.  From the Georgia Department of Revenue - Tax Updates: "Georgia has yet to adopt the federal tax law changes in the federal One Big Beautiful Bill Act because the Act was signed on July 4, 2025."  All changes to the Georgia tax code have to be passed by the Georgia General Assembly.  They have not yet passed legislation to adopt the provisions of the OBBBA.  
The variations in basis and depreciation each year are affected by what you enter for personal and business mileage driven each year. The more business miles versus personal, the larger the depreciab... See more...
The variations in basis and depreciation each year are affected by what you enter for personal and business mileage driven each year. The more business miles versus personal, the larger the depreciable basis and resultant depreciation.   I suggest you edit your business entries and on the screen that says Your (name of business) Business, choose Business Expenses, then Business Vehicle Expense menu options. Then, choose the option to update your business vehicle entry. You will come to a screen that asks you how you want to enter your vehicle mileage. You need to enter your total mileage, the mileage driven for business and your commuting miles. Your depreciation deduction will be dependent on how many miles you drove for business versus personal.
You get a prompt for all of the income item adjustments on one page.     As you click through the VA state return, you will come to a page titled Here's how Virginia handles income differently.  ... See more...
You get a prompt for all of the income item adjustments on one page.     As you click through the VA state return, you will come to a page titled Here's how Virginia handles income differently.   When you are on that page, you can scroll down to the Education section and select Start next to Commonwealth Savers (Section 529) Plan.      Virginia offers 529 Plans: - Virginia Education Savings Trust (Invest529) - Virginia Prepaid Education Program (Prepaid529) - CollegeWealth (only through certain banks) - CollegeAmerica (only through financial advisers)   The amount of the deduction depends on your age, how much you paid toward a prepaid tuition contract or contributed to a savings account this year and if your payments to these accounts in a prior year were more than the maximum deduction allowed.  
Crypto CSV uploads are temporarily unavailable in TurboTax.  This functionality will be available soon.   In order to upload a CSV into TurboTax you first need to make sure that it is formatted s... See more...
Crypto CSV uploads are temporarily unavailable in TurboTax.  This functionality will be available soon.   In order to upload a CSV into TurboTax you first need to make sure that it is formatted so TurboTax can read it.  Use this link to get to the TurboTax universal template.
No, this is not an error - this form does need to be reported on your return. The lead-in instructions that you are seeing only apply to part I of Form 8606.  If you made a Roth conversion, the taxab... See more...
No, this is not an error - this form does need to be reported on your return. The lead-in instructions that you are seeing only apply to part I of Form 8606.  If you made a Roth conversion, the taxable part of that conversion gets calculated in part II of Form 8606.  If there weren't any non-deductible contributions in the traditional IRA from which you made the conversion, then the amount will be fully taxable and reported on line 18 in Part II of Form 8606.  That amount will then flow your Form 1040 line 4b to be taxed on your current year return.
To clarify, is there a question here?
I have income from the state of MN  on a 1099-Misc, when I key it in as misc income and hit return it states "We'll include this income in the Self Employed Section C"   I have received this income ... See more...
I have income from the state of MN  on a 1099-Misc, when I key it in as misc income and hit return it states "We'll include this income in the Self Employed Section C"   I have received this income every year since 2022, and it has always placed it in Misc Income..   I followed the directions in this help message, deleted the business it created deleted the schedule C.  Then went back to enter the data again with the same result it put it in the self employed section.  Why is the software working differently this year? and how do I resolve? I keyed in that this income is from Sustainable Forest Incentive Act.
I am filing an amended return via Turbo Tax. I have entered an amount from box 12 from a 1099-DIV (exempt-interest dividends). Turbo Tax is counting this as income that is taxable by the IRS. It is t... See more...
I am filing an amended return via Turbo Tax. I have entered an amount from box 12 from a 1099-DIV (exempt-interest dividends). Turbo Tax is counting this as income that is taxable by the IRS. It is telling me I owe taxes on the amount listed in Box 12. However, tax exempt dividends are not taxable by the IRS. So, TT is incorrect. How can I get this fixed with TT?  Thanks
I have a W2 that appears to have already taken into account my overtime premium amount is Box 1 (wages) of W2 form, i.e. wages were reduced by the OT premium amount.  Should I not check the Overtime ... See more...
I have a W2 that appears to have already taken into account my overtime premium amount is Box 1 (wages) of W2 form, i.e. wages were reduced by the OT premium amount.  Should I not check the Overtime box on the page "Let's check for other situations"? 
I had the same problem when I entered my HPWH.   I had to put the expense under a HEAT PUMP in order to get the form to give me the credit.   I think there is an error on the HPWH calculation in TTax.