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It depends.   You received a lump-sum Social Security payment.   What is a lump-sum Social Security payment?  It is a one-time Social Security payment that you received for prior-year benefits.   While your lump sum may include benefit payments for more than one year, you do not have to file an amended tax return for any prior year. You might need to pay taxes on a small portion of your lump-sum payment. However, you might be able to avoid these taxes by apportioning prior year benefits to those previous years’ income (still without filing any amended returns).   After you enter your lump-sum Social Security payment information, TurboTax will automatically figure out what, if any, taxes you owe due to the lump-sum payment.  Where do I enter an SSA-1099?

It depends. The varied use of the vehicle each year does create the need for some different steps when a vehicle is sold or traded (same as sale in tax law).    It's important to go through the vehicle asset and make sure you change any selections you may have made such as sale date, etc. Once you have deleted your entries, then go back to select that it was 'sold, traded, converted to personal...etc' and converted to personal use and no sale date. Next, follow the steps below to enter the sales portion of your vehicle.   First start by gathering the required information in steps 1-6 below. Based on your information you can ignore the standard mileage rate (SMR) information below because it wasn't used on the vehicle you traded.   Total all of the business miles for the life of the vehicle Total all miles on the vehicle for the life of the vehicle Business miles divided by total miles = Business Use Percentage for the life of the vehicle Take the original cost of the vehicle x the business use percentage = Business Cost Take the sales or trade-in price x the business use percentage = Business Sales Price Calculate the following: If you used only SMR: all of the business miles by year with the rate in the SMR for depreciation (chart below) to arrive at the total depreciation considered used by the IRS; OR Total all of the actual depreciation expense used for the traded vehicle (see that information in the Vehicle screen) When you go through the vehicle information be sure to select 'Sold, disposed of, etc....' then do not indicate it was sold.  You must say 'Yes' it was converted to personal use.  This will eliminate any sales information in the vehicle it self. Once you have completed the information in that section you will follow the steps below to enter your sale: Go to Less Common Business Situations Scroll to Sale of  Business Property On the next screen select Any Other Property Sale Use the information from step 3 and the depreciation from step 6 to complete your sale Select Sales of business or rental property that you haven't already reported. Answer 'Yes' to Do all of the following apply...?  Description of the Property (Vehicle make/model/year) Sales Price/Sales Expenses  Date acquired and date sold Cost Depreciation If the personal use portion of your vehicle is a loss there is nothing to report for that portion of the sale/trade. As you indicated, the business portion of the sales price/trade price will be taxable up to the amount of depreciation expense used on your returns since purchase.

To access your current or prior year online tax returns sign onto the TurboTax website with the User ID you used to create the account - https://myturbotax.intuit.com/ Scroll down to the bottom of the screen and on the section Your tax returns & documents.  Click on the Year and Click on Download/print return (PDF) Or - When you sign onto your online account and land on the Tax Home web page, scroll down and click on Add a state.  This will take you back to the 2025 online tax return. Click on Tax Tools on the left side of the online program screen.  Then click on Print Center.  Then click on Print, save or preview this year's return.  Choose the option Include government and TurboTax worksheets   If you used the desktop CD/Download editions installed on your computer, the only copy of your tax data file and any PDF's will be on the computer where the return was created.  TurboTax does not store online any returns completed using the desktop editions.   Go to this IRS website for free transcripts of a federal tax return - https://www.irs.gov/individuals/get-transcript   For a fee of $30 you can get a complete federal tax return from the IRS by completing Form 4506 - http://www.irs.gov/pub/irs-pdf/f4506.pdf

Yes, as you work through the State interview, look for topics such as "Income that XXX handles differently" or "Business Income/Adjustments." Work through these state-specific topics to enter adjustments to the federal income that will then report the state income on the State K-1 instead.   @ahzimmerman 

Thank you very much for your response. I selected “3a. Type of filer—specified individual” on Form 8938. The instructions for Line 4 state: “If you checked box 3a, skip this line. If you checked box 3b or 3c, enter the name and TIN of the specified individual who closely holds the partnership or corporation. If you checked box 3d, enter the name and TIN of the specified person who is a current beneficiary of the trust.” Based on these instructions, I believe Line 4 should be left blank. I also have a question regarding the account number. Since the software limits the number of characters and does not allow me to enter the full bank account number, should I attach a separate statement with the complete account details? Alternatively, should I manually write the full account number on the form and mail the entire tax return to the IRS? In addition, should I include in the statement clarification regarding the ownership of the foreign bank account? If I e-file the return without the full account number and ownership details, will that cause any issues?

Correct; the VFee is a flat municipal fee and is not deductible.   The other amounts are all taxes based on the value, so all 3 can be included as a property tax deduction.  All three of those are taxes based on the assessed value of the vehicle.   They go to different places, but all are still based on the value, so they are deductible... in North Carolina.

All the information comes from your prior year return. Even if you used your vehicle in earlier years, your 2024 return should have all the information you need.  See some details below that may help you find the information. The total business miles and total miles for the year are critical components needed to assist you as well, in 2025 and every prior year.   First we must know if the vehicle was placed in service for your Uber business before 2025.  if you used the standard mileage rate (SMR) for this vehicle the first year placed in service, then you have options for actual expenses in future years. If you used the actual depreciation expense then SMR will never apply to this vehicle.   How do determine which convention you used when the vehicle was placed in service (also depends on the business use percentage): MId Quarter Convention: The vehicle and any other five year asset (if applicable) was placed in service the first year in the last quarter of the year. Half Year Convention: The vehicle was placed in service at any time other than the last quarter of the tax year. It sounds as though you did use this vehicle in your Uber business in 2024 and possibly earlier years (depends on when you started using it for your Uber business). How do I view, download or print my prior year tax return? Where can I find my returns for prior years? @iffw2012 

Did you report that 60% of your business income was generated using the Home Office? Your business use percentage will limit the income used to calculate the allowable Home Office expenses.   To resolve the Needs Review tag, go to Federal Review and run Smart Check. This allows the software to provide more information about form errors and suggest possible corrections.

@RobertB4444  Thanks for the corrected info. Do I also need to flow that through onto my NC tax return form D400 under "Other tax Payments" Line 21D "S corp"? Otherwise I can not seem to get the amount paid by my scorp to flow anywhere to reduce my NC taxes due 

Hi, @sun705 Can you please change the checkbox for "Gulf Opportunity Zone" to No and then run the error check again. Here's an image to use as a guide:   Please do not hesitate to tag me @MelindaS1 if this workaround does not work out the same way on your end.

It is in the IRS Modernized e-File (MeF) schema and business rules which is not publicly available.  IRS e-file schemas are not in publications.   The IRS typically doesn't provide information on the MeF rules to the public (though some workarounds and other information is available in the link above) and I expect whomever you spoke with is just not familiar with this system or this new rule. Again, this issue is new this season which is why other years you were able to file with a similar situation. Please try adding $1 of capital gain income and resubmitting the return. It has worked for me with my personal clients and it has worked for other TurboTax customers as well.  I realize it doesn't make sense when you read through the feedback given, but it should resolve the issue for you. If your return doesn't e-file with this workaround you will need to print and mail your return. To add $1 of capital gain follow these steps: Navigate to Investment Income under Wages & Income Click Start beside Stocks, Cryptocurrency, Mutual Funds, Bonds, Other Click Add Investment Click Skip Import Select Other On the screen Tell us more about this sale enter anything you'd like in the Name box. "Workaround" is fine. Click Continue For type of investment again choose Other for how you received the investment answer Purchased.  Description can again be "workaround".  For ease of entry for dates use One one date and 01/01/2024 for purchase and 12/31/2025 for sale.   Enter proceeds of $2 and cost or other basis of $1 and click continue again.  On the following screen check "None of these apply" and then continue one last time. Next, navigate to federal review and attempt to efile your return again. @objecttothis 

You have a couple of options to report the sale of the property. One is in the business section of TurboTax, on the screen that says Let's gather your business info. Find the Less Common Business Situations menu and choose Sale of Business Property. That will work if you know the sale proceeds, cost basis of the property and the accumulated depreciation allowed on the property.   Your other option is to edit the asset entries in the business/rental section of your return and assign a portion of the sale proceeds to each asset, thereby reporting the sale of each one of them. Typically, you can assign a sale price of $0 to all the assets but the home or building in the case of a rental property.      To do that, go to your rental entries and on the screen that says Lets' gather your business info update the Rental Properties and Royalties entry. Later on edit your rental entry and on the screen that says Review your (name of rental) Rental Summary, choose Assets/Depreciation. Once in that section, go to the asset summary where you will see each business asset listed. Edit each entry and indicate that you sold each asset. Then you can enter the applicable sale price of each asset, effectively reporting the sale of the rental property.   The result of either of these methods will be that a portion of the gain on sale of the business or rental will be reflected as ordinary income to the extent of depreciation deducted on the assets (known as depreciation recapture) and the remainder of the gain will be taxed as capital gains.   To apply for a credit for foreign taxes paid or accrued during the year:   1. From the Federal section of TurboTax, go to the Deductions and Credits section 2. Find Estimates and Other Taxes Paid 3. Choose Foreign Taxes 4. Indicate that you paid foreign taxes or have credits from prior years 5. Work through the section until you see an option to take a deduction or credit, the credit is usually better 6. Complete the rest of the section  

You can amend your Idaho state return in order to reflect the updated information. Log in to TurboTax, go to Tax Home, scroll down to your tax returns & documents, select the year you want to amend. Then select the Amend (change) return drop-down. Choose  Amend using TurboTax Online. On the "Why are you amending?" screen, choose "The IRS or state contacted me" and "Continue," this will allow you to just amend the state and leave the federal return as it was.    See: How to amend your state tax return - TurboTax Support Video for more information.