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As Mike9241 posted previously, a fully depreciated asset should generate a gain for the insurance payment. Basically, you were paid for an asset with zero tax value.   Your asset value and accumu... See more...
As Mike9241 posted previously, a fully depreciated asset should generate a gain for the insurance payment. Basically, you were paid for an asset with zero tax value.   Your asset value and accumulated depreciation is reported on the Form 4562 Depreciation and Amortization Report that is part of a TurboTax return.    Please review your entries as you seem to have duplicated the transaction. Your best option may be to delete all entries you've made for the casualty loss and/or sale. Then go back and report that you stopped using the vehicle due to a sale equal to the insurance payment. Those entries should generate the appropriate income and forms on your return.
This is now the 3rd 'estimated' date that has come and gone and it's still not available. I literally just need to amend ONE QUESTION on a dependent's $0 return so I can file my own as HOH. Is this r... See more...
This is now the 3rd 'estimated' date that has come and gone and it's still not available. I literally just need to amend ONE QUESTION on a dependent's $0 return so I can file my own as HOH. Is this realistically going to be available before tax day passes?
I have the exact same problem. 1 set of accounts from schwab imported fine, but my wifes is doing as you describe with the slider for auto import and ok that doesnt respond. Whats up with this?
I am unable to replicate this behavior.  With MAGI below the $246,000 threshold, at least some of the IRA contribution made by the spouse who is not covered by a workplace retirement plan is shown as... See more...
I am unable to replicate this behavior.  With MAGI below the $246,000 threshold, at least some of the IRA contribution made by the spouse who is not covered by a workplace retirement plan is shown as deductible on Schedule 1.  (I'm assuming that Wife has sufficient compensation to support Husband's spousal contribution such that it is not an excess contribution.  Excess contributions are not deductible.)   I suggest reviewing TurboTax's IRA Contributions Worksheet line 10 to see who TurboTax believes is covered by a workplace retirement plan, particularly Husband.  In fact, review all of TurboTax's Additional Traditional IRA Contribution Information on this worksheet.  Also review line 21 of either the IRA Deduction Worksheet or the Social Security Recipients Who Contribute to a Traditional IRA Worksheet, whichever one is being used to calculate your MAGI for this purpose.
I use the program so that I can work. I've entered all my W2/income data. I am a single parent, claiming HoH.   Questions: Did you pay for dependant care in 2025?  Yes. Did you pay for any 2024... See more...
I use the program so that I can work. I've entered all my W2/income data. I am a single parent, claiming HoH.   Questions: Did you pay for dependant care in 2025?  Yes. Did you pay for any 2024 care in 2025?  No. Do you have a credit to enter for payments made in 2025 for prior year expenses?  No.   Outcome: It looks like you don't qualify for the credit None of the people on your return qualify this year. You didn't enter any expenses for your dependents who received care. We can't calculate the credit without this.   None of the people qualify?  I entered my 10 yo, and it gave me the 2200 child tax credit, so...? There was no place TO enter expenses, that is exactly what I am trying to do?!
I ran into this a year ago on this very thread. After running around and getting frustrated, the answer turned out to be: "wait until after Feb 27th". I did and it worked then. It seems like the exac... See more...
I ran into this a year ago on this very thread. After running around and getting frustrated, the answer turned out to be: "wait until after Feb 27th". I did and it worked then. It seems like the exact same thing is happening this year. Let's wait until March 1 and see where we are on this. Last year it just worked fine post Feb 27th. I am so glad that I got that information because it was driving me crazy.    Bottom line: the data was not available for import from Schwab until Feb 28th last year. The symptoms were exactly the same as this year (failed import)
Some customers will need to allow the Intuit site permission to access your local network. If you have already denied permission, you may need to reset it.   In Edge, this may be done by:    ... See more...
Some customers will need to allow the Intuit site permission to access your local network. If you have already denied permission, you may need to reset it.   In Edge, this may be done by:    Clicking the three dots in the upper right hand corner. Go to Settings and more. Select Privacy, search and services. Select Site permissions. Select All permissions. Scroll to local network access. Set to Ask before  accessing.      
There is no add dependent.
Where do I report Proceeds from the sale of a home that was inherited?
Form 1040 and form 1040-SR are identical.  Form 1040-SR just has bigger print.  Which is not necessary on a TurboTax program.  So using form 1040 is just fine.
I have the Turbo Tax for Mac on Desktop for Home and Business. I need to start my mom's federal tax return. How can I do this without losing my own return? Is it true that I have up to five federal ... See more...
I have the Turbo Tax for Mac on Desktop for Home and Business. I need to start my mom's federal tax return. How can I do this without losing my own return? Is it true that I have up to five federal returns I can do on this one program?
I turned mine in Feb 1st. On Reviewed for 2 days now. I'd assume this means it could be at least another week before there's a change in status. Last year it went from reviewed to approved very quick... See more...
I turned mine in Feb 1st. On Reviewed for 2 days now. I'd assume this means it could be at least another week before there's a change in status. Last year it went from reviewed to approved very quickly, so I was hopeful! Plus, the account balance was there for 1 day after it said reviewed, but then gone the next day. They must release it all somewhere & send funds, but idk how if it's not yet saying it's approved.  Also, my return completely disappeared for a week. I called & they said it was being reviewed. My account told me to file a return. Good thing I waited through Presidents day w/o refilling! If anyone shows that they have no tax return filed...call DoR first! It was a glitch. Or, maybe it was pulled. Idk. .
MERCI beaucoup de nous laisser savoir. Ainsi je peux aviser l'équipe technique! 
You should not have to adjust the federal return.  You can take the bonus depreciation there.  Is it possible that it has just been some time since you took bonus depreciation?  
I qualified for forgiveness after making a few payments in 2025. My loan servicer shows principal and interest payments in my account history, plus a final separate amount for interest labelled as an... See more...
I qualified for forgiveness after making a few payments in 2025. My loan servicer shows principal and interest payments in my account history, plus a final separate amount for interest labelled as an adjustment.  Do I include or exclude the adjustment in the interest total that I report on my tax return?  I haven't been able to get clarification from the loan servicer (just keeps saying not required to send 1098-E b/c total is less than $600).  Thank you.
Please clarify where you see estimates - which forms? Which lines? Are you preparing an estate return or a trust return?