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yesterday
Only prompts for dividends for first country of a multi-country list.
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yesterday
To import a W-2 into TurboTax, you generally do not need an "OFX" file. You will need the Employer Identification Number (EIN) from Box B.
You may also be able to log into your employer’s payro...
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To import a W-2 into TurboTax, you generally do not need an "OFX" file. You will need the Employer Identification Number (EIN) from Box B.
You may also be able to log into your employer’s payroll to see if they offer a direct digital export to TurboTax.
To Import in TurboTax:
Go to Wages & Income under Federal Taxes
Select Start/Update next to "W-2".
Enter the EIN from your form W-2.
If your employer is a partner, TurboTax will prompt you to enter the 16-character import code or prompt you to log in to your employer's portal.
See also:
How do I import or enter my W-2?
Please return to Community if you have any additional information or questions and we would be happy to help.
yesterday
My SS benefits were recalculated for my 2021, 2022, 2023 and 2024 tax years and I received a lump sum in 2025. Help me to parse this information so that I can successfully report that information on t...
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My SS benefits were recalculated for my 2021, 2022, 2023 and 2024 tax years and I received a lump sum in 2025. Help me to parse this information so that I can successfully report that information on the 2025 tax forms
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yesterday
TurboTax has not released information about cryptocurrency reporting.
However, at the present time, 1099-DA transactions may be uploaded from a PDF which was converted from your CSV file.
...
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TurboTax has not released information about cryptocurrency reporting.
However, at the present time, 1099-DA transactions may be uploaded from a PDF which was converted from your CSV file.
In TurboTax Online Premium, follow these steps:
Down the left side of the screen, click Federal.
Down the left side of the screen, click Wages & Income.
Scroll down to Investments and Savings and click the down arrow to the right.
Click Start / Revisit to the right of Stocks, Cryptocurrency, Mutual Funds, Bonds, Other.
Click Add investments.
At the screen Let's find your account, click Enter a different way.
At the screen How do you want to add your docs?, click Upload. Click Continue.
At the screen Upload your documents, upload a PDF file.
At the screen Let's finish pulling in your investment income, click Review.
At the screen Let's get started typing in your digital asset, enter the information. Continue.
At the screen Review your XXX sales, check the box to the left of Description to invoke Bulk Edit.
To edit individual lines, click the pencil ikon to the right.
Select response for How did you receive this investment? Click Continue.
At the screen Let us know if any of these situations apply, enter information. Click Continue.
At the present time, such transactions may be entered manually, either on a one-by-one basis or by sales section totals. At the screen How do you want to add your docs?, select Type it in myself.
@cagalli0202
yesterday
@ kellywacker1 ADDENDUM: I left a full answer above about how you can still efile, but here's an additional thought: Since you don't know who claimed the dependent (assuming the Ex didn't), c...
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@ kellywacker1 ADDENDUM: I left a full answer above about how you can still efile, but here's an additional thought: Since you don't know who claimed the dependent (assuming the Ex didn't), could the dependent have filed their own return and said no one else could claim them? We see that commonly for older teenagers and college students who mistakenly claim themselves. So if that's a possibility, ask the daughter. If that's what happened, the daughter will need to amend her return to "unclaim" herself.
yesterday
Thank you so much!!!!! I was getting ready to mail mine after deleting and redoing that form so many times and 6th rejection.
yesterday
To deduct your personal traditional IRA contributions in TurboTax Online when you have 1099-NEC income and no employer retirement contributions, go to the Deductions & Credits section. Look for th...
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To deduct your personal traditional IRA contributions in TurboTax Online when you have 1099-NEC income and no employer retirement contributions, go to the Deductions & Credits section. Look for the category called Retirement and Investments or IRA Contributions. Enter your traditional IRA contributions there. TurboTax will evaluate your eligibility for the deduction based on your income and filing status. This deduction can reduce your taxable income even if you are self-employed and pay your own retirement contributions.
yesterday
You don't include their income on your return. It would only go on their return if they are required to file one. To file a separate return for your dependent you need to set up a new account. Onli...
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You don't include their income on your return. It would only go on their return if they are required to file one. To file a separate return for your dependent you need to set up a new account. Online is only good for one return per account. You can start another return in TurboTax Online by: Logging out if you are in your account Choose what TurboTax Online product you want to use for the second return Create your account screen Set up a new login for the second return Start working on the new return Be sure on their return they check the box that says they can be claimed on someone else’s return. If their only income is W2 and under 15,750 they do not have to file a return except to get back any withholding taken out. Filing requirements for a dependent https://ttlc.intuit.com/community/children-dependents/help/do-i-need-to-file-my-own-taxes-if-i-m-a-dependent/00/26111
yesterday
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You should still be able to efile your return if you (if you are the Primary Taxpayer on the return) get and use an IP PIN. The dependent does not need to get/use an IP PIN for your efiling purpose ...
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You should still be able to efile your return if you (if you are the Primary Taxpayer on the return) get and use an IP PIN. The dependent does not need to get/use an IP PIN for your efiling purpose unless they already have one. You may want to consider getting one for the dependent at some point, however, since you don't know who claimed her (if the Ex insists he did not.) I'm not sure the steps you'd have to take to get one for the dependent, but in terms of you efiling your return right now, the dependent does not need one right now. Only the primary taxpayer on the return would need to use one to be able to efile this return in this circumstance. Here's what the IRS says: Starting last year "the IRS will accept Forms 1040, 1040-NR and 1040-SS even if a dependent has already been claimed on a previously filed return as long as the primary taxpayer on the second return includes a valid Identity Protection Personal Identification Number (IP PIN). This change will reduce the time for the agency to receive the tax return and accelerate the issuance of tax refunds for those with duplicate dependent returns. In previous years, the second tax return had to be filed by paper." "In the scenario where the dependent has already been claimed on another tax return, the IP PIN provides an important new option. The taxpayer listed first on an e-filed tax return claiming dependents can provide their current year IP PIN when they file. If they do, the return will still be accepted. The spouse (if married filing jointly) and the dependents on the tax return don’t need to provide an IP PIN if they don’t have one." IRS Source: https://www.irs.gov/newsroom/irs-takes-steps-to-help-prevent-refund-delays-by-accepting-duplicate-de...
yesterday
The Premium Tax Credit (PTC) helps pay for health insurance purchased through the Health Insurance Marketplace for eligible family members. Your tax family for PTC purposes includes yourself, your sp...
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The Premium Tax Credit (PTC) helps pay for health insurance purchased through the Health Insurance Marketplace for eligible family members. Your tax family for PTC purposes includes yourself, your spouse if filing jointly, and any dependents you claim on your tax return. If your 24-year-old son files his own tax return and is not claimed as your dependent, he is considered separate from your tax family. Therefore, you generally can't claim the PTC for his Marketplace coverage premiums.
For the husband and wife filing jointly: They claim the Premium Tax Credit (PTC) together on their joint tax return. They use Form 8962 to reconcile any advance premium tax credit payments with their actual credit based on household income and family size. For the adult child filing separately: The adult child claims their own PTC on their individual tax return. They must use their own Form 1095-A from the Marketplace that shows their health coverage and any advance payments received. If the adult child is covered under the parents' Marketplace plan, the total premiums and credit amounts reported on the parents' Form 1095-A must be allocated between the parents' and child's tax returns based on their share of coverage costs. Tools like the tax credit calculator on HealthCare.gov can help determine the appropriate allocations. Each filer completes Form 8962 for their portion of the premium amounts and credits to properly claim and reconcile the PTC.
yesterday
Please see the steps in this help article if you have Expert Assist on your account, you never used it, and would like to remove it.
If you have specific questions about your return, you can ...
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Please see the steps in this help article if you have Expert Assist on your account, you never used it, and would like to remove it.
If you have specific questions about your return, you can post them here in the Community and another user, a superuser or an Intuit Expert can post a response.
yesterday
I filed my taxes with turbo tax last year and it was auto filed in , but it keeps rejecting it and says its not right?
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yesterday
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yesterday
Follow these navigating steps to enter self-employment income without a form 1099-NEC:
(See also- FAQ)
If your self-employment income was only from cash, personal checks, credit card payments,...
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Follow these navigating steps to enter self-employment income without a form 1099-NEC:
(See also- FAQ)
If your self-employment income was only from cash, personal checks, credit card payments, or cryptocurrency
Open or continue your return.
Navigate to the Schedule C section:
TurboTax Online/Mobile: Go to the Schedule C screen under Wages & Income.
TurboTax Desktop:
Go to Federal Taxes.
Go to Wages & Income.
Under Business Items, select Start or Update next to Business Income and Expense (Sch C).
Answer Yes on the Did you have any self-employment income or expenses? screen.
If you land on the Your 2025 self-employed work summary page, select Review next to the work you're adding income for.
Answer the questions on the following screens until you arrive at Let's enter the income for your work.
Select Other self-employed income and select Continue.
On the next page you can enter any cash, personal checks, credit card payments, or cryptocurrency (Form 1099-K) related to your self-employment.
Learn more: TurboTax - What self-employed expenses can I deduct?
yesterday
You cannot do this on your own return. You will need to file a separate return for your child.
yesterday
If it is only the PDF that is corrupted, that is usually an issue with the writer and can be corrected by re-creating the PDF from the software. It is unlikely to be the reason for the return to ...
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If it is only the PDF that is corrupted, that is usually an issue with the writer and can be corrected by re-creating the PDF from the software. It is unlikely to be the reason for the return to be rejected. What is the rejection code and message that you received relative to the rejection? @TheTallestOne
yesterday
Your program is a lot of diferent than earlier ones I had used, please follow the old way and put in my computer
.
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yesterday
Q. Is this a fault in the program?
A. Yes. it's broken and hard to use when it wasn't broken.
The 1099-Q is only an informational document. The numbers on it are not required to be entered o...
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Q. Is this a fault in the program?
A. Yes. it's broken and hard to use when it wasn't broken.
The 1099-Q is only an informational document. The numbers on it are not required to be entered onto your (or your student's) tax return. The interview is complicated and it's easy to make mistakes. Avoid it if you can and you probably can.
You can just not report the 1099-Q, at all, if your student-beneficiary has sufficient educational expenses, including room & board (even if he lives at home) to cover the distribution. When the box 1 amount on form 1099-Q is fully covered by expenses, TurboTax will enter nothing about the 1099-Q on the actual tax forms. But, it will prepare a 1099-Q worksheet for your records (you don’t need it). You would still have to do the math to see if there were enough expenses left over for you to claim the tuition credit. You also cannot count expenses that were paid by tax free scholarships.
References:
On form 1099-Q, instructions to the recipient reads: "Nontaxable distributions from CESAs and QTPs are not required to be reported on your income tax return. You must determine the taxability of any distribution."
IRS Pub 970 states: “Generally, distributions are tax free if they aren't more than the beneficiary's AQEE for the year. Don't report tax-free distributions (including qualifying rollovers) on your tax return”.
"IRS Publication 970, Tax Benefits for Education states: If the entire 1099-Q went to qualified expenses, room and board, tuition, etc; then, you do not need to enter the form."
If you have a situation where you need to report taxable earnings, reply back, with some details, for a workaround.
__________________________________________________________________________________________
General Discussion on 529 plan distributions
It’s complicated.
For 529 plans, there is an “owner” (usually the parent), and a “beneficiary” (usually the student dependent). The "recipient" of the distribution can be either the owner or the beneficiary depending on who the money was sent to. When the money goes directly from the Qualified Tuition Plan (QTP) to the school, the student is the "recipient". The distribution will be reported on IRS form 1099-Q. The 1099-Q gets reported on the recipient's return.** The recipient's name & SS# will be on the 1099-Q. Even though the 1099-Q is going on the student's return, the 1098-T should go on the parent's return, so you can claim the education credit. You can do this because he is your dependent.
You can and should claim the tuition credit before claiming the 529 plan earnings exclusion (unless your income is too high). The American Opportunity Credit (AOC or AOTC) is 100% of the first $2000 of tuition and 25% of the next $2000 ($2500 maximum credit). The educational expenses he claims for the 1099-Q should be reduced by the amount of educational expenses you claim for the credit. Room and board (R&B) are also qualified expenses for the 529 distribution, but not the AOC (R&B are also not qualified expenses for a scholarship to be tax free). But be aware, you can not double dip. You cannot count the same tuition money, for the tuition credit, that gets him an exclusion from the taxability of the earnings (interest) on the 529 plan. Since the credit is more generous; use as much of the tuition as is needed for the credit and the rest for the interest exclusion. Another special rule allows you to claim the tuition credit regardless of whose money was used to pay the tuition. In addition, there is another rule that says the 10% penalty is waived if he was unable to cover the 529 plan withdrawal with educational expenses either because he got scholarships or the expenses were used (by him or the parents) to claim the credits. He'll have to pay tax on the earnings, at his lower tax rate (subject to the “kiddie tax”), but not the penalty.
Total qualified expenses (including room & board) less amounts paid by scholarship less amounts used to claim the Tuition credit equals the amount you can use to claim the earnings exclusion on the 1099-Q. Example: $10,000 in educational expenses (including room & board)
-$3000 paid by tax free scholarship***
-$4000 used to claim the American Opportunity credit
=$3000 Can be used against the 1099-Q (on the recipient’s return)
Box 1 of the 1099-Q is $5000
Box 2 is $2800
3000/5000=60% of the distribution is qualified, so 40% of the earnings are taxable
40% x 2800= $1120
There is $1120 of taxable income (on the recipient’s return)
**Alternatively; you can just not report the 1099-Q, at all, if your student-beneficiary has sufficient educational expenses, including room & board (even if he lives at home) to cover the distribution. You would still have to do the math to see if there were enough expenses left over for you to claim the tuition credit. Again, you cannot double dip! When the box 1 amount on form 1099-Q is fully covered by expenses, TurboTax will enter nothing about the 1099-Q on the actual tax forms. But, it will prepare a 1099-Q worksheet for your records, in case of an IRS inquiry.
On form 1099-Q, instructions to the recipient reads: "Nontaxable distributions from CESAs and QTPs are not required to be reported on your income tax return. You must determine the taxability of any distribution."
***Another alternative is have the student report some of his scholarship as taxable income, to free up some expenses for the 1099-Q and/or tuition credit. Most people come out better having the scholarship taxable before the 529 earnings. A student, with no other income, can have up to $15,750 of taxable scholarship (in 2025) and still pay no income tax.