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yesterday
Please clarify. What type of document did you download via PDF that you are not able to see?
If you want to download a PDF of your return, in TurboTax Online:
Open or continue your ret...
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Please clarify. What type of document did you download via PDF that you are not able to see?
If you want to download a PDF of your return, in TurboTax Online:
Open or continue your return.
Select Continue or Start on Tax Home to enter your return.
Select Tax Tools from the menu.
Select Print Center, choose Print, save, or preview this year's return, and follow the instructions.
If you haven't yet paid your TurboTax Online fee (or registered, if you're using a free version), you'll need to do so before you can save the PDF.
See this help article for more information.
yesterday
No, according to the list of forms available in each product (see here), only Premium edition supports Schedule D.
yesterday
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yesterday
I made multiple cash donations to charities in amounts less that $200 per month. Can I list and multiple food bank and food charities in one donation and list the total donation for the year?
yesterday
States can use the FEIN, a variation of FEIN or choose their own state ID numbers. Try searching your state's tax or revenue website (or call the state's taxpayer hotline) to learn the format your st...
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States can use the FEIN, a variation of FEIN or choose their own state ID numbers. Try searching your state's tax or revenue website (or call the state's taxpayer hotline) to learn the format your state uses (number of letters or digits). For instance, in Virginia, the state ID for an individual is 30-XXXXXXXXX-F001, where the X's are the FEIN. The prefix of "30" indicates the information is for individual income tax. When I input the Virginia state ID into TurboTax, the dashes are omitted. I have previously had trouble with input of the NY state ID but it eventually worked. If you have tried to debug the problem with the state tax authority and any TT pop-up instructions and still have problems, I think your next step is to contact the employer that issued you a tax document. You are probably not alone. They may know exactly what the problem is.
yesterday
AX - Nothing. You haven't told them you need Corporate Alternative Minimum Tax information, and it doesn't seem like you're filing a corporation tax return on Form 1120. This doesn't apply to you as ...
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AX - Nothing. You haven't told them you need Corporate Alternative Minimum Tax information, and it doesn't seem like you're filing a corporation tax return on Form 1120. This doesn't apply to you as a Form 1040 individual filer.
ZZ - Nothing. These are expenses you're not allowed to deduct, and may be required to capitalize (add to your investment basis). If that isn't something you know how to approach for this partnership investment, you'll need the help of an accountant. Reference:
Special Rules for Allocation of Interest to Property Produced by the Taxpayer
Uniform Capitalization Rules for Interest: Avoided Cost Method
The avoided cost method must be used to calculate the amount of interest that must be capitalized. In general under the avoided cost method, any interest that the taxpayer theoretically would have avoided if accumulated production expenditures (see Explanation: §263A(f)) had been used to repay or reduce the taxpayer's outstanding debt must be capitalized. For each unit of designated property, (see Uniform Capitalization Rules for Interest: Designated Property) the avoided cost method requires the capitalization of traced debt and excess expenditures. The traced debt and excess expenditure amounts are determined for each tax year or shorter computation period that includes the production period of a unit of designated property.
See also: IRS - List of codes for Schedule K-1 (Form 1065)
yesterday
@cherylann2001 You'd have to call Customer Support and they would get a Diagnostic copy of your tax return...to check out the problem to see what $$ are going where using their NY software peopl...
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@cherylann2001 You'd have to call Customer Support and they would get a Diagnostic copy of your tax return...to check out the problem to see what $$ are going where using their NY software people. But it's unlikely to get fixed before tax day.....and no guarantee they will agree. _________________________________________ How do I contact TurboTax?
yesterday
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yesterday
Why am I being told I made money in my residential state when i didn't receive any income from my residential state
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yesterday
Is this asking for the total of her contributions over the years or the monthly amounts?
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yesterday
The IRS issues most refunds from e-filed returns in about 21 days, although some returns take more time to review.
To check the status of your refund:
Check your e-file status.
If it's ...
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The IRS issues most refunds from e-filed returns in about 21 days, although some returns take more time to review.
To check the status of your refund:
Check your e-file status.
If it's been accepted, track your refund at the IRS Where's My Refund? site.
You'll need your Social Security number or ITIN, filing status, and the exact amount of your refund to check your status, which you'll find on the first screen after signing in to TurboTax.
If you mailed your return, wait 4 weeks after mailing your return before using the tool.
If it's rejected, fix your return and file it again.
If it's pending, wait until your return is accepted.
If it's been more than 21 days since your e-filed return was accepted, you can call the IRS directly to check on your refund status.
Go here to track your state refund.
yesterday
which turbo tax product allows using 1040 Schedule D for long term capitla losses?
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yesterday
En TurboTax, elige la opción Retirar el dinero de mi cuenta bancaria cuando te pregunte cómo quieres pagar tus impuestos federales.
Si estás teniendo dificultades con tu declaración es posibl...
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En TurboTax, elige la opción Retirar el dinero de mi cuenta bancaria cuando te pregunte cómo quieres pagar tus impuestos federales.
Si estás teniendo dificultades con tu declaración es posible que borrar tus archivos temporales te ayude. Si la memoria caché está llena o dañada, es posible que provoque problemas en TurboTax, así que tienes que borrarla de vez en cuando (es decir, quitar estos archivos temporales).
Sigue las instrucciones dependiendo del navegador que estés utilizando:
Google Chrome
Mozilla Firefox
Microsoft Edge
Si el problema persiste, no dudes en contactarnos de nuevo.
@ceciliacifuentes955
yesterday
Based on my calculations, TurboTax is incorrectly computing the mortgage interest deduction when you also have the home office mortgage tax deduction. To diagnose this, I'm trying to find the for...
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Based on my calculations, TurboTax is incorrectly computing the mortgage interest deduction when you also have the home office mortgage tax deduction. To diagnose this, I'm trying to find the form that shows the calculation of how much interest to put on Schedule A line 8a. I've seen "Ded Home Mort", which calculates how much of the mortgage interest is available to be deducted vs. limited by the $750,000 rule. The numbers there are correct. I also see form 8829 line 10, which is also correct. What I don't see is how TurboTax subtracts the mortgage interest used in the home office deduction (form 8829) from the mortgage interest available for deduction (form "Ded Home Mort").
yesterday
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yesterday
@ReneV4 Thanks for that suggestion. One followup: I'm using Online TurboTax, and after entering the duplicate 1099-MISC, since this is mineral royalty, TurboTax automatically enters 15% depl...
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@ReneV4 Thanks for that suggestion. One followup: I'm using Online TurboTax, and after entering the duplicate 1099-MISC, since this is mineral royalty, TurboTax automatically enters 15% depletion as an expense. If I use the "Other Income" method to enter negative royalty income, that takes offsets the gross royalty income amount, but what do I do about the depletion that was expensed for the duplicate 1099? Like in this example: $500 income minus $75 depletion equals $425 net taxed royalty income. A negative $500 in "other income" is larger than the $425, so that would be taking a $75 expense I didn't deserve. Thanks again.
yesterday
To file a US tax return when you live and work in Canada, you must report your worldwide income using Form 1040. You will convert your Canadian dollar amounts to US dollars.
You will need your...
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To file a US tax return when you live and work in Canada, you must report your worldwide income using Form 1040. You will convert your Canadian dollar amounts to US dollars.
You will need your T4 and T1 (for all income including interest and dividends reported on your Canadian tax return), your pay stubs, bank records, and any foreign investment reports. You can use Form 1116 (Foreign Tax Credit to claim foreign tax credits for taxes paid to the Canada Revenue Agency) or Form 2555 (Foreign Earned Income Exclusion to claim the Foreign Earned Income Exclusion to exclude your Canadian income) to avoid any double taxation.
Click here for Do I need to report foreign income?
Click here for What are Forms 2555 and 2555-EZ used for?
Please return to Community if you have any additional information or questions and we would be happy to help.
yesterday
You have to allocate the New Jersey portions of your income in the New Jersey state return section. There are a series of screens that show your total federal income for that type of income (for exa...
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You have to allocate the New Jersey portions of your income in the New Jersey state return section. There are a series of screens that show your total federal income for that type of income (for example - W-2 income), and has a box where you enter your New Jersey portion. You have to go through all the screens.
Make sure in the Personal Info section of the program you indicated that you lived in multiple states. Also make sure that both of your state returns are "part year resident" returns. You can see that at the beginning of the state section. If New Jersey is "stuck" as a full year resident, or you aren't seeing the allocation screens, try deleting the NJ state return and start over. After deleting your state return, log out of the program, clear your interenet browser's cache & cookies, close the browser. Open your browser, log-in to your return, and restart your New Jersey return.
yesterday
@martin-spencer27 Which State? Utah has issues where the first three letters need to be lower case/...like "wth" and never "WTH" Ky has some issues an I think some folks there needed to ...
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@martin-spencer27 Which State? Utah has issues where the first three letters need to be lower case/...like "wth" and never "WTH" Ky has some issues an I think some folks there needed to add zeros in front of the ID# (not sure of this though)