All Posts

Allocation is specific to the state of residency when the income was earned (taxable/received/realized). if all capital gains were earned (taxable/received/realized) while a resident of Washington, none would be allocated to Oregon. The same would be true of dividends, interest, and other income. The residency rule also applies to deductions

generally no, since the gross income was under $600. see below for other situations that would require filing despite the gross income. Filing would be required if the $13,000 was a tax-deductible amount, since that would create a loss that could be carried forward. Money distributed to beneficiaries is not a tax deduction  Filing requirements for Decedent’s Estate The fiduciary (or one of the joint fiduciaries) must file the form 1. A beneficiary who is a nonresident alien; or 2. If you held a qualified investment in a QOF at any time during the year, you must file your return with Form 8997 attached. See the Form 8997 instructions.

Those voucher forms were just updated and have now been finalized (today).   Make sure you desktop software is updated.   And if you are using TurboTax Online, be sure to clear your cache and delete cookies.   You can print the finalized forms from the Print Center.     How do I get a PDF of my return?   The figures are final.   The watermark was in the background only because the form was not finalized for use until today.   If you print the forms today, the ''do not file' should be gone.  

If you are referring to the 14-digit code that the IRS requests to verify your identity.  This number is included on notice 5071C or letter 5447C.   If you have not received it, you can check your IRS online account for the notice, or call the Taxpayer Protection Program line at 800-830-5084.   Verify your return

It is possible the original return is still processing if you are trying to amend very quickly after filing the original.    Wait until your return is either accepted or rejected.  If it is rejected, you can add the information along with fixing the e-file error.  If it is accepted, you can amend as soon as the return is fully processed.‌ If you are expecting a refund and are amending for an additional refund, the IRS states you should wait until you've received the original refund. Then you can file your amended return.   Here is some more information on filing amendments: How to File an Amended Tax Return with the IRS

Assuming you're single and the FTC is under $300, Form 1116 is not required. To get the full FTC on the 1099-DIV, enter the amount - nothing else. The $300 jumps to $600 if filing jointly. If it's more than the limit or you do not want to lose any FTC carryover, Form 1116 is required. If you need to use the form and are not getting any credit, it's probably because you did not enter all the required info. 1) must select a copy of the 1116 and then link it to a column on the form; 2) foreign source income is required; 3) a country is required, though RIC and Various work    this forum has no access to your return  so we can't see exactly what your issue is. 

BedRockProperties reply is most current.  I updated the software about 2 weeks ago and found the same problem.  Spent a good amount of time on the phone, but not resolution.  Any help would be great.  Business taxes are due 3/15.

To update information for your dependents:   Go to "Personal Info" Review/Edit On the screen with "Here's an updated summary of your situation" you will see "Your info" at the top.  Scroll down. You should see "Your Household" with your spouse (if applicable) and below that any dependents. There should be a box with your daughter's "Status", SSN or ITIN, and Birthdate"   Click on "Revisit" to edit her information. If you don't see your daughter, you will need to add her, bu clicking on Add a Dependent.