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5 hours ago
New Bonus Standard Deduction (OBBB): An additional $6,000 deduction for taxpayers 65 and older. This is per eligible individual, meaning a married couple both over 65 could get $12,000. Important:...
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New Bonus Standard Deduction (OBBB): An additional $6,000 deduction for taxpayers 65 and older. This is per eligible individual, meaning a married couple both over 65 could get $12,000. Important: This bonus deduction is temporary, lasting from 2025 through 2028. Income limitations: It phases out for taxpayers with modified adjusted gross income over $75,000 for single filers and $150,000 for joint filers.
5 hours ago
Do I need to call new mexico and find out i really can use the money right now
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5 hours ago
token #
112068991-58818608 [restored]
5 hours ago
How do I report Nonpassive Rental Income (from form 1041) using Turbo Tax Deluxe. I have verified that the designation of nonpassive rental income is correct and not in error. However, I cannot seem ...
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How do I report Nonpassive Rental Income (from form 1041) using Turbo Tax Deluxe. I have verified that the designation of nonpassive rental income is correct and not in error. However, I cannot seem to get TurboTax 2025 Deluxe to populate that field on the form. Any tips would be appreciated.
5 hours ago
Go to the link Cindyedgerton put in the previous post.
5 hours ago
Sorry, I understand now. it's 31,500 not 33,500... detail dyslexia
5 hours ago
Once your return is filed, TurboTax has no control over the processing or the timing when the IRS releases your refund.
Your refund could be offset. The IRS and State Governments have the abil...
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Once your return is filed, TurboTax has no control over the processing or the timing when the IRS releases your refund.
Your refund could be offset. The IRS and State Governments have the ability to offset a refund to pay for certain past due debts. You generally will receive a letter stating what the offset was for. The IRS provides a toll-free number, (800) 304-3107, to call for information about tax offsets.
Here are a few FAQs to help you track your refund: When will I get my federal tax refund? How do I track my state refund? Why does Where's My Refund say "approved" but TurboTax still says "accepted"?
Why do some refunds take longer than others?
What if my IRS refund is taking longer than 21 days?
5 hours ago
I was wondering where it was
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5 hours ago
I do have that deduction for senior. I don't understand why the standard deduction is lowered by $400
5 hours ago
Sounds like something got stuck. You can try these things:
Log Out Completely: Before doing anything else, click Sign Out in the TurboTax menu.
Clear Cache and Cookies: This removes old, ...
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Sounds like something got stuck. You can try these things:
Log Out Completely: Before doing anything else, click Sign Out in the TurboTax menu.
Clear Cache and Cookies: This removes old, "corrupted" data that might be confusing the website.
Use an Incognito (Private) Window: This is the most effective "quick fix" because it launches the browser without any saved history or extensions (like AdBlockers) that often interfere with tax forms.
Check Pop-up Blockers: TurboTax often opens forms (like the 1099 PDF) or payment windows in a separate pop-up. Look at the right side of your address bar for a small icon with a "red X"—click it and select "Always allow pop-ups from Intuit."
Restart the Browser: Close all open windows of your browser entirely and then reopen it.
Most TurboTax errors happen because the browser is trying to use an old "session" from a previous visit. By clearing the cache or using Incognito mode, you force the browser to establish a brand-new, secure connection with the Intuit servers.
5 hours ago
Since your employer's HSA contribution was made pre-tax and was excluded from your W-2 income, you should amend your return to add it back into your taxable income.
When completing your amendme...
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Since your employer's HSA contribution was made pre-tax and was excluded from your W-2 income, you should amend your return to add it back into your taxable income.
When completing your amendment, Form 1040-X, you will primarily correct Form 8889. To access the form, type Form 8889 in the search and then click on jump to form 8889.
Once there, when asked, "Do any of these situations apply?", select the box, "_ overfunded their HSA last year", then Continue through the remaining interview questions where you will indicate the amount of your excess contribution.
Now that you have requested that your HSA custodian process a return of excess contribution, you will receive a Form 1099-SA in January, 2027. Although the excess amount itself is taxable on your 2025 return, the gains earned on that excess should be reported on next year's return (2026).
5 hours ago
Thank you. I was trying to enter my Federal IP PIN
5 hours ago
I paid both Federal and State tax on this already and it's still trying to reduce my return amount even though I submitted it the way your suggested.
5 hours ago
I dont get it why? I have the same issue only had IB for 10 years and TT for 2X . So after having connection established The import is unsuccessful. I went thru two browsers and at this point have no...
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I dont get it why? I have the same issue only had IB for 10 years and TT for 2X . So after having connection established The import is unsuccessful. I went thru two browsers and at this point have nowhere to go. After the stock went down 48% since beginning 0f 2026 maybe they can go back to India and get the bugs out.
5 hours ago
Looks like you are in the Online version. Did you use these steps? How to install and Activate the Desktop Download program with a License Code How to install TurboTax CD/Download software w...
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Looks like you are in the Online version. Did you use these steps? How to install and Activate the Desktop Download program with a License Code How to install TurboTax CD/Download software with license code How do I find the License Code? https://ttlc.intuit.com/community/tax-topics/help/i-can-t-find-my-license-code/01/852973
5 hours ago
Thank you for the lightning-fast response. On 2024 - I had already started amending my 2024 taxes to add the 5329, which is assessing the 6% penalty. This seems relatively straightforward, ...
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Thank you for the lightning-fast response. On 2024 - I had already started amending my 2024 taxes to add the 5329, which is assessing the 6% penalty. This seems relatively straightforward, and is coming out as expected. On 2025 - It's my belief, like you say, that the timeline by which I need to withdraw the money to avoid the 2nd 6% penalty is 4/15/26 (plus extensions). I already met the 4/15/26 deadline you mentioned. The IRS is acting like as soon as it turned 2026, 1/1/26, the 2nd 6% penalty applies, which makes no logical sense to me. It's like being double penalized, like they aren't accounting for the successive tax years' deadlines. I have seen what you describe being discussed in other help threads, adding the 1099-R manually, but I was still having trouble with it wanting to assess a penalty. I think it has to do with not reporting the distribution properly. I need to look through it carefully, and hopefully get back to you with a more refined question.
5 hours ago
Hello @LenaH, I hope you are doing well. I am also facing this issue: "IT-360.1 TP – Change of City Resident Status Stmt – TP: New York Adj, Federal Amt – there should be an amount entered in...
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Hello @LenaH, I hope you are doing well. I am also facing this issue: "IT-360.1 TP – Change of City Resident Status Stmt – TP: New York Adj, Federal Amt – there should be an amount entered in Column A of Line 19 – New York State Adjustments. There is an amount on this IT-360.1 Line 19 Column A total of $0." My token number is 1356 357 834 894 90 99 377 29 727 There is a dash character (-) is after 099 Can you please assist? Thanks
5 hours ago
Anyone else have their 1099-B that Turbotax Desktop 2025 ( Home and Business ) import options incorrectly? When pulling in my eTrade ( electronically) all the values are correct, but it consistently...
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Anyone else have their 1099-B that Turbotax Desktop 2025 ( Home and Business ) import options incorrectly? When pulling in my eTrade ( electronically) all the values are correct, but it consistently treats all Securities listings in the 1099-B as exclusively stock rather that interpreting the obvious "CALL SPY 03/20/25 250.00" ( fake example ) as an option. ( not to mention the CUSIPs should be a dead giveaway.) This did not seem to be a problem last year or any previous year. ( though it may be a case of TurboTax trying to be too smart for its own good... I'm not sure why it cares what kind of security it is since I believe it's all reported the same way ) I don't have a ton of transactions to correct here, but I wanted to raise as a potential bug/improvement if other people are seeing the same issue. P.S. Also, a nitpick: if you correct it to be an option in the entry, it then asks you to mark it sold or expired. If you select expired it automatically changes the proceeds to $0, even though the Proceeds box 1d had a value in it prior to reclassifying ( as is the case if a short/written contract expires ) . I can accept this second issue as semantics, I suppose, since I sold to open originally, but it seems to go against convention.
5 hours ago
Thanks- I was waiting for an Update from Turbo Tax !