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April 10, 2025
4:58 PM
Did you get it installed and activated with the 16 digit License Code? How to install and Activate the Desktop CD/Download program with a License Code How to install TurboTax CD/Download software ...
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Did you get it installed and activated with the 16 digit License Code? How to install and Activate the Desktop CD/Download program with a License Code How to install TurboTax CD/Download software with license code Then just open the program and start. Or go up to File-New Tax Return. You do have to log into an Online account just to install it.
April 10, 2025
4:57 PM
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April 10, 2025
4:57 PM
1 Cheer
No, if you were not responsible for the debt, you do not have to include the 1099-C on your income tax return.
April 10, 2025
4:56 PM
In the New Mexico section of TurboTax, it asks if you made contributions to a New Mexico Education Trust Fund account during 2024. (see below)
April 10, 2025
4:55 PM
Ok thanks, was hoping they’d use my 2024 as if be under 47k taxable income where as 2025 I will be over 47k taxable income and would have owned the house only 1 and 1/2 years so can’t get exempt ...
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Ok thanks, was hoping they’d use my 2024 as if be under 47k taxable income where as 2025 I will be over 47k taxable income and would have owned the house only 1 and 1/2 years so can’t get exempt for the 2 year rule
April 10, 2025
4:55 PM
I have a short-term Capital Loss $27,484 from 2020 but that ($3,000) credit was NOT applied to offset my capital gain. It shows up on the AMT but not in the calculations on Schedule D, Line 7
April 10, 2025
4:55 PM
Yes, that works as well!
April 10, 2025
4:54 PM
Received a 1099-C for canceled debt; however, it was sent to my deceased husband (passed away 6 Years ago). His purchase did not involve me (his spouse). I was not listed in the original contract. I...
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Received a 1099-C for canceled debt; however, it was sent to my deceased husband (passed away 6 Years ago). His purchase did not involve me (his spouse). I was not listed in the original contract. I tried paying off the debt years ago and was denied taking over his mortgage. Am I still responsible for his canceled debt?
April 10, 2025
4:53 PM
How do reach a human?
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April 10, 2025
4:53 PM
What happened is that the IRA inherited from your husband was trustee-to-trustee transferred to an IRA of your own before you did the Roth conversion. Such a transfer is not reportable, so the only ...
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What happened is that the IRA inherited from your husband was trustee-to-trustee transferred to an IRA of your own before you did the Roth conversion. Such a transfer is not reportable, so the only Form 1099-R that you received is the one for a Roth conversion from your own traditional IRA. When TurboTax asks the horribly worded question, "Did [you] inherit the IRA from [financial institution]," answer No because the distribution was made from your own IRA.
April 10, 2025
4:53 PM
I downloaded TT2024 Premier. How do I start my return?
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April 10, 2025
4:53 PM
If I enter $278 for insurance for four months, TT enters for insurance $91. It is as if TT was calculating the $278 as the total amount for the year and multiplying it by 0.33 to get the amount for 4...
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If I enter $278 for insurance for four months, TT enters for insurance $91. It is as if TT was calculating the $278 as the total amount for the year and multiplying it by 0.33 to get the amount for 4months?? .... If that is the case, in order to get the correct expense amount of $278 , I need to put the whole year insurance amount which is $835? It does the same for my repair, maintenance and real estate taxes that I enter; it multiplies the amount entered by 0.33.
April 10, 2025
4:53 PM
Do I enter half of my spouses’s withholding in the addition or subtraction adjustment box?
April 10, 2025
4:53 PM
Tried clearing cache and cookies, tried running as an administrator, tried disabling antivirus and firewall. I don't see what a different browser would do for a desktop program, especially since I ca...
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Tried clearing cache and cookies, tried running as an administrator, tried disabling antivirus and firewall. I don't see what a different browser would do for a desktop program, especially since I cannot even open the problem.
April 10, 2025
4:53 PM
Self employment income would change the values. Kids growing up. There are so many factors. See Why did my refund go down compared to last year's?
April 10, 2025
4:52 PM
Will my custodian know what portion of the IRA is basis? Or do I tell them to leave the basis amount in the IRA? The reason I ask is prior to this scenario, the entire IRA was a pre-tax rollover, ...
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Will my custodian know what portion of the IRA is basis? Or do I tell them to leave the basis amount in the IRA? The reason I ask is prior to this scenario, the entire IRA was a pre-tax rollover, I made a single post tax contribution, which I immediately rolled over to Roth IRA (next day) and didn't realize the pro rata rule. So technically, there is no more post tax money (basis) in the IRA (unless you're referring simply to an amount and not a tranche as being "basis". So Now I'm trying to make the best of it for next year...
April 10, 2025
4:52 PM
I'm trying to file but not getting the verification code
April 10, 2025
4:51 PM
I bought a download version of Turbotax from Amazon. I almost finished my 2024 return before my computer crashed. How do I retrieve/re-download the software to open my datafile?
April 10, 2025
4:51 PM
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April 10, 2025
4:51 PM
Hi, I'm a PhD student from Belgium, enrolled in my university at home. I came in the US in 2022 for 60 days in July-Sept under a J-1 student intern visa then went back to Belgium. I returned to t...
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Hi, I'm a PhD student from Belgium, enrolled in my university at home. I came in the US in 2022 for 60 days in July-Sept under a J-1 student intern visa then went back to Belgium. I returned to the US in January 2023 under a new J-1 research scholar visa and have been in the US ever since to do my PhD in Massachusetts (as a visiting PhD student). Minus time off for vacation etc, I've been in the US in 2023 for around 310 days and 340 in 2024. When I filed last year, in 2024 for 2023, I used Sprintax, as a Non-resident, everything went fine. I'm wondering what my status is this year. From what I've understand, J-1 student have a 5 year exemption and research scholars have only 2, but does that stack? Meaning do the 2 months I spent in 2022 actually count as a year, then another in 2023 as a research scholar therefore barring me to file the 1040NR? I would hope that the extension limit of 2 years as a research scholar actually begin with the new visa but I didn't find a conclusive answer. Thank you very much.
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