All Posts

You can mail your completed and signed tax return to the following address:    Department of Revenue and Taxation  P.O. Box 23607  GMF, Barrigada, GU 96921   You can also deliver it in person at: 1240 Army Drive, Barrigada, Guam 96913.   If you owe money, make your check or money order payable to the "Treasurer of Guam" (not the U.S. Treasury). Make sure your SSN and "2025 Form 1040" are written in the memo line.

I messaged T Rowe Price and asked specifically about the brokerage download being available and they replied back that the package has errors and their tech team is working on it but could not provide any ETA date. Their mutual fund download is available as you stated.

The “senior deduction” is added automatically by the software based on the date of birth and filing status you entered into MY INFO.  You do not need to take any extra steps to enter it. (And…the new senior deduction has nothing to do with whether you are getting Social Security)   The deduction is not on the same line as your standard deduction.  It is shown separately.on line 13b.     2025 STANDARD DEDUCTION AMOUNTS SINGLE $15,750  (65 or older/legally blind + $2000) MARRIED FILING SEPARATELY $15,750  (65 or older/legally blind +1600) MARRIED FILING JOINTLY $31,500  (65 or older/legally blind + $1600) HEAD OF HOUSEHOLD $23,625 (65 or older/legally blind + $2000)     For 2025 through 2028 there is an extra  deduction amount of up to $6000 per individual 65 or older filing Single, MFJ, or HOH which is phased out for taxpayers with modified adjusted gross income over $75,000 for single filers and $150,000 for joint filers.   (The deduction phases out completely at $175.000 Single or HOH, or $250,000 joint)   The $6,000 senior deduction will be calculated on 1040 Schedule 1-A page 2 Part V Enhanced Deduction for Seniors which goes to 1040 line 13b. It is separate and in addition to the Standard Deduction or your Itemized Deductions on 1040 line 12e.  Turbo Tax automatically includes it. IRS Schedule 1-A https://www.irs.gov/pub/irs-dft/f1040s1a--dft.pdf   Need to see it? https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-return/preview-turbotax-online-return-filing/L77WCkvnu_US_en_US?uid=m681fkhr   If you are not getting the senior deduction it is because Your date of birth in MY INFO shows that you were not 65 by the end of 2025 Your income is too high You are filing married filing separately    

I am puzzled. Are you referring to Virginia asking for your contact information so that the state can send you information on Medicaid or the Health Care Exchange, or are you referring to Virginia wanting to share your information with Medicaid and the Health Care Exchange?   As I noted, I see the latter question in the Virginia interview, but not the former.   Is it possible that you indicated that you had Medicaid or insurance from the federal or state exchange (i.e., ACA)? It may be that if so, that this is a required question. 

You will not be able to amend a 2024 tax return online.    To complete and file a 2024 amended tax return, started with the online editions, you will need to download the 2024 tax data file.  Then you will need to purchase, download and install on a personal computer, Windows or Mac, one of the 2024 desktop editions.  Once installed you need to open the 2024 tax data file you downloaded by clicking on File and then on Open Tax Return.   Note - If you purchased one of the 2024 online editions, contact TurboTax support and see if they will be able to push a 2024 desktop edition to your download account at no charge. Use this phone number and select TurboTax - 1-800-4-INTUIT (1-800-446-8848).   Use the key words Billing Issue   To access your current or prior year online tax returns sign onto the TurboTax website with the User ID you used to create the account - https://myturbotax.intuit.com/ Scroll down to the bottom of the screen and on the section Your tax returns & documents.  Click on the Year and Click on Download .tax file   To complete and file a 2024 amend tax return using TurboTax you would need to purchase, download and install on a personal computer one of the 2024 desktop editions from this website - https://turbotax.intuit.com/personal-taxes/past-years-products/   A 2024 amended tax return can only be printed and mailed, it cannot be e-filed using TurboTax

Check your worksheet to see if the full amount of your credit was utilized. Go to the bottom of the sheet to Foreign Tax Carryovers to 2026. This should tell you that there were $5000 of foreign tax was reported but only $500 was utilized leaving the balance of $4500 to be a carryover into 2026.   If your credit is capped at $500, you’ve reached the Foreign Tax Credit Limitation. This credit is non-refundable, so it can’t lower your U.S. tax bill below zero. It also can’t be used to offset taxes on income that isn’t from a foreign source.

Fully agree. Intuit’s silence on this issue is getting ridiculous.  It feels intentional.  Not supporting crypto well made sense in 2018, but in 2026? No excuses.   Been a customer for 20+ years, but the way they’ve handled this has shaken all confidence I have in them, and sending out these “experts” with non-answers and empty promises makes it worse.  Either they have an agenda, or they’re horribly lazy. Neither is good, and next year I’m done with them. 

You need to make a separate entry for the additional investment sales and choose the enter individually option. You don't need to enter a federal ID number for the Form 1099-B entry, so it won't be an issue e-filing your return with matching federal ID numbers. The IRS won't care as long as your total sales and reported cost basis matches on your investment sale entries overall.

When you open the TurboTax download product, it will typically check for updates after it is opened and prompt you to allow it to update the software.   To manually update the software after it has been opened, you can click Online in the black banner at the top toward the left, then select Check for Updates from the dropdown.  You'll click Yes to save your return (if it's open) and TurboTax download will check for updates and let you know if it found any or if your software is up to date.

The business code that you should use on Schedule C depends on what your principal business activity is. What kind of business are you in? Residential building construction is 236100, not 115210. Code 115210 is Support activities for animal production (including farriers), nothing to do with real estate or residential buildings. And 1151210 is not a valid code. For Schedule C you have to choose a code from the list on pages 18 and 19 of the IRS Instructions for Schedule C. You cannot use codes from other sources.  

I appreciate the suggestion. I feel like I followed your suggestions exactly as you wrote them. I did go back and delete all IRA forms (1099-R, Form 8606, and any IRA Withdrawal Worksheets). That indeed did restore my $344 federal refund.   I then clicked on Deductions and Credits FIRST and started the section concerning IRAs. Did you contribute to a Roth IRA in 2025? (Yes) Was the contribution a repayment of money you previously took out of a retirement plan? (No) Enter your regular Roth IRA contributions. ($665 only - I just started funding a 403b this year) Did you re-characterize any of the Roth IRA contributions for 2025 over to a traditional IRA contribution? (No) Did you open any Roth IRAs in 2024 or any previous year? (Yes - years ago) Do you want to track your Roth IRA basis? (Yes) Did you withdraw from your Roth IRA before 2025? (No) What were your Roth IRA contributions prior to 2025? ($50,000) Did you convert a traditional IRA to a Roth IRA before 2025? (No) Did you contribute more to a Roth IRA than was allowed in 2024 or any previous year? (No)   THEN, I went back to Wages and Income Did you get a 1099-R in 2025? (Yes) I uploaded the pdf version of the 1099-R and immediately my federal refund reduced from a $344 refund to owing $56 (a $400 difference).   Box 1: $12,000 Box 2: Empty Taxable Amount not Determined - Checked Distribution Code - J    Every other line was either blank or 0. Do I need to talk with my investment advisor to have them change my 1099-R? At this point, I'm thinking there is a glitch in how Turbo Tax is addressing this. I feel I've clearly assigned a basis of contributions well over the $12k that I withdrew ($50,000). Not sure how to proceed at this point. Any other suggestions?      

Yes,  you must report capital gains received while living in California on your California part-year resident return (CA Form 540NR). CA taxes income based on when it was realized. If you liquidated assets while a CA resident, it is considered  'CA-source income.'   Here's more info on Allocating Capital Gain for California and Allocating Income for a Part-Year Resident.   @TaxNoob18     

You mention that you are separated from your husband but you do not mention how long you have been separated.   If you are still legally married, you cannot file as "Single"---your filing choices are married filing jointly or married filing separately.....OR if you have been separated for at least the last six months of 2025 and you are supporting the dependent child, you may be able to file as Head of Household.       Am I Head of Household?   https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-filing-status/qualify-head-household-2021/L0NxUtVc2_US_en_US?uid=m5x19jkx https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-filing-status/qualifying-person-head-household/L2TmgztNs_US_en_US   If you qualify as Head of Household, when you enter your marital status (single or married filing separately) into MyInfo, and then enter your qualifying dependent, TurboTax will offer HOH as your filing status.       https://ttlc.intuit.com/turbotax-support/en-us/help-article/taxation/married-person-claim-head-household-filing-status/L078u1RSW_US_en_US?uid=m62dkc4a  

Thank you very much. I have narrowed down my problem to a file prd.ini.signatures in the folder, C:/ProgramFiles/64bit. (This is the default folder the TurboTax2025 is installed. When I launch TuboTax2025 it does not even go up to asking me to enter the license code to validate. If the program goes upto that point then there is no way the program can validate my license code, if I am disconnected from the internet. It is great that some community members are good Samaritans and post the information that can help other members.