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Je sais qu'il y a une différence en effet. D'où ma question. Je me demandais si une solution potentielle serait de faire une modification manuelle dans le formulaire QMED (pour refléter les lunettes ... See more...
Je sais qu'il y a une différence en effet. D'où ma question. Je me demandais si une solution potentielle serait de faire une modification manuelle dans le formulaire QMED (pour refléter les lunettes a 200$)  et laisser le formulaire fédéral MED avec le montant payé pour la lunettes (plus grand que 200$). 
It depends. An inherited IRA, if it is not from a spouse, may have different rules than your own IRA. See the various rules on the following IRA page: Retirement Topics - Beneficiary
the situation is with tax-exempt bonds   Here is the note on the brokers form 1099-OID that explains the cause: current regulations do not require that all tax-exempt OID be reported to the Intern... See more...
the situation is with tax-exempt bonds   Here is the note on the brokers form 1099-OID that explains the cause: current regulations do not require that all tax-exempt OID be reported to the Internal Revenue Service (IRS). Only tax-exempt OID from covered securities acquired on or after January 1, 2017 must be reported.   It seems like the adjustment to OID doesn't adjust the entry on the TT OID box 11 the way I thought it would.  I solved the problem by not using the OID adjustment field and made the adjustment before entering the amounts into TT OID form box 6 and box11.  
Can you share if there are any plans to allow for Alberta Corporations to use TurboTax for income tax?  If so, is there any projected ETA?
Did you look at the 8949 and see what is different as clearly the entry or transfer didn't go in correct which would have me concerned if everything else transferred correctly.  Depending on your tax... See more...
Did you look at the 8949 and see what is different as clearly the entry or transfer didn't go in correct which would have me concerned if everything else transferred correctly.  Depending on your taxable income the difference is only $60 which sounds immaterial.  
To enter your State estimated tax payments, go to estimated tax payments under Deductions & Credits. Click on state estimated taxes for 2025. Here you can enter the payments you made to the state.  ... See more...
To enter your State estimated tax payments, go to estimated tax payments under Deductions & Credits. Click on state estimated taxes for 2025. Here you can enter the payments you made to the state.        [Edited 3/23/26 | 4:28 PM PST]       
Assuming you are working on your 2025 return:   A backdoor Roth IRA allows you to get around income limits by converting a traditional IRA into a Roth IRA. You'll get a Form 1099-R the year you m... See more...
Assuming you are working on your 2025 return:   A backdoor Roth IRA allows you to get around income limits by converting a traditional IRA into a Roth IRA. You'll get a Form 1099-R the year you make the conversion. Contributing directly to a Roth IRA is restricted if your income is beyond certain limits, but there are no income limits for conversions.   Your 1099-R from the distribution of the traditional IRA funds will say code 2 in box 7 (or code 7 if your age is over 59 ½) .    You should report your conversion for the year you receive this 1099-R:   If you received a 2025 1099-R in 2026, complete both steps below to report it on your 2025 taxes. If you'll receive a 2026 1099-R in 2026, wait to report it on your 2026 taxes. In this case, only complete Step 1 below for your 2025 taxes. You’ll complete the second step next year when filing your taxes for 2026.   Reporting a backdoor Roth conversion is a two-step process. Please see this help article for the steps to complete for both TurboTax Online and TurboTax Desktop.   @kaymax22   
J'ai finalement réussi à résoudre le problème et transmettre ma déclaration à l'ARC. Je ne peux pas croire que j'ai passé plus d'une heure au téléphone avec le soutien technique et qu'ils n'ont pas p... See more...
J'ai finalement réussi à résoudre le problème et transmettre ma déclaration à l'ARC. Je ne peux pas croire que j'ai passé plus d'une heure au téléphone avec le soutien technique et qu'ils n'ont pas pensé à me dire de compléter ces informations.  J'ai entré l'année d'ouverture de mon CELIAPP et j'ai coché oui à la question qui demande "Vous avez ouvert votre premier CELIAPP ou êtes devenu un titulaire remplaçant en 2025 ou une année antérieure." Le problème de mon côté, bien que ce n'est pas ce que Turbot impôt disait comme message d'erreur, est que je n'avais pas complétée la page précédente, en lien avec le montant de mes cotisations des années passées (2023 et 2024 dans mon cas).  Total de vos limites annuelles au CELIAPP pour 2024 et des années précedentes : Écrire le montant Total de vos déductions au CELIAPP pour 2024 et des années antérieures : Écrire le montant Si vous connaissez ces montants par coeur, tant mieux. Sinon, vous les trouverez dans votre dossier ARC, mais c'est loin d'être simple à trouver. Dans notre dossier sur l'ARC, ça dit clairement que ces montants doivent être intégrés à l'annexe 15. En espérant que ça aidera quelques personnes! C'est en recommençant mes impôts avec Impôts expert que j'ai compris mon erreur potentiel, car ces deux montants avaient été importés automatiquement par l'ARC!  
Its wisconsin. I had no income in that state except for a small inheritance from a trust
Its a different stock I owned and sold.  Essentially my 8949 is saying i had a $32 profit but my K1 is saying a $28 loss.   MPLX is the company producing K1.
@m_miniaci    Please contact our phone support team as they will be able to assist you further.    
@eumapathy48 , Namaste ji (a)  For the year 2025,  need to know when did you enter the country?   I ask because  while under the GreenCard test you became a resident for the tax year 2025, the star... See more...
@eumapathy48 , Namaste ji (a)  For the year 2025,  need to know when did you enter the country?   I ask because  while under the GreenCard test you became a resident for the tax year 2025, the start of the residency is based on your first  day of legal presence.    So please can you tell when did you enter the country  with any visa  during 2025 ?   (b)Note that as a US person ( Citizen/GreenCard/ Resident for Tax purposes ), your world income is taxable to the US.    That is why we need to know your filing status during all of 2025. (c)  While a US Resident / US Person for incomes  that were earned  from foreign source is taxable by the US ( absent a  tax treaty  assertion ),  taxes paid to a foreign country is generally eligible  for US Foreign Tax Credit. (d)  Note that because US and India Tax Calendar are different , there is need for  allocation of income and  taxes paid thereon. (e) Generally it is a bad idea to use  TDS amount  for claiming  Foreign Tax Credit -- you should wait till ITR has been submitted and accepted by  IT.   Please answer my questions  and I will circle back -- yes ?   Namaste ji   pk
Depending on the state, that may be how the tax is calculated. The majority of the states use your full income to calculate your tax liability and the pro-rate the tax by the percent earned in the st... See more...
Depending on the state, that may be how the tax is calculated. The majority of the states use your full income to calculate your tax liability and the pro-rate the tax by the percent earned in the state. Look for a line with a percentage earned in that state. If you want to reply with the state, we can let you know.
Vous dites ex-époux. Lisez ici les conditions qui permettent le transfert de crédits inutilisés entre ex-conjoints?      Annexe 2 Agence du revenu du Canada   Ligne 31800 – Montant pour pers... See more...
Vous dites ex-époux. Lisez ici les conditions qui permettent le transfert de crédits inutilisés entre ex-conjoints?      Annexe 2 Agence du revenu du Canada   Ligne 31800 – Montant pour personnes handicapées transféré d'une personne à charge   Vous ne pouvez pas tous les deux demander le montant pour personne à charge à la ligne 30400 fédérale. Chacun de vous indique une personne à charge dans sa déclaration, cependant le parent qui n'a pas la garde de l'enfant indique que l'enfant ne vit pas avec lui.    Si vous croyez y avoir droit, cliquez sur Déclarations de renenus 2025 dans le haut du menu de gauche pour accéder à la barre de recherche. Tapez 'transfert' et sélectionnez Transfert de l'époux ou conjoint.  Remplissez vos informations à partir de cette page.      En souhaitant que ceci réponde à votre question, merci de choisir TurboImpôt.     
I was just informed today, March 23rd, that the update for QTP to Roth transfers has now been scheduled to run on Thursday, March 26th. Update TurboTax on Friday, March 27th and it should be there. ... See more...
I was just informed today, March 23rd, that the update for QTP to Roth transfers has now been scheduled to run on Thursday, March 26th. Update TurboTax on Friday, March 27th and it should be there. @mirwaise 
My 1099-DIV covers a variety of mutual funds and provides supplemental information concerning income from government securities for each fund.  I can total the percentage for all the funds, but I don... See more...
My 1099-DIV covers a variety of mutual funds and provides supplemental information concerning income from government securities for each fund.  I can total the percentage for all the funds, but I don't know what to deduct it from?  Do I deduct it from total ordinary dividends or from qualified dividends or from capital gains distributions? 
Yes, if you enter your total Property Tax in the Home Office section for your Business first, TurboTax will apportion the amount for Home Office Expense, and the balance will transfer to Schedule A. ... See more...
Yes, if you enter your total Property Tax in the Home Office section for your Business first, TurboTax will apportion the amount for Home Office Expense, and the balance will transfer to Schedule A.   That way, you don't need to determine the amount to enter in the itemized deductions section.  You can skip the Property Tax entry in that section.     @TLin1     
Let me give you two scenarios: If she is your dependent, you can claim the education credit, if your qualify. Your tax liability is probably larger than hers to qualify for more credit.  Currently:... See more...
Let me give you two scenarios: If she is your dependent, you can claim the education credit, if your qualify. Your tax liability is probably larger than hers to qualify for more credit.  Currently: For the full credit, your MAGI (modified adjusted gross income) is less than $80,000 ($160,000 if you're filing jointly) For a reduced credit, your MAGI is between $80,000 and $90,000 ($160,000 and $180,000 if you're filing jointly) There is no credit given if your MAGI is above $90,000 ($180,000 if you’re filing jointly) You could have $2500 tax relief AOTC plus $500 for claiming her as a dependent. If you are claiming her and the credit, you enter the 1098-T with box 1 $4000 and the scholarship is blank. Your daughter enters Box 1 minus $4,000 and box 5 full amount   If she is not being claimed, she can claim the education credit by claiming $4,000 for tuition. Enter the 1098-T as it is. Claim room and board expenses of .... box 5 is $31,127  minus  $5,138 (used on education) equals the amount to enter for room and board. This triggers the education credit. The AOTC is split into two parts. The non-refundable part lowers tax liability up to $1500. Another$1,000 is refundable.