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41m ago
If your dependent isn't listed on the 1095-A, it is probably because They aren't properly listed in the My Info section or They aren't marked as living with you for the full year. Check that ...
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If your dependent isn't listed on the 1095-A, it is probably because They aren't properly listed in the My Info section or They aren't marked as living with you for the full year. Check that they are added, Then revisit the 1095-A entry to properly allocate coverage months. @bahiamuh
47m ago
You cannot amend tax returns more than 3 years old.
This IRS says in this document:
The latest date, by law, you can claim a credit or federal income tax refund for a specific tax year is...
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You cannot amend tax returns more than 3 years old.
This IRS says in this document:
The latest date, by law, you can claim a credit or federal income tax refund for a specific tax year is generally the later of these 2 dates:
3 years from the date you filed your federal income tax return, or
2 years from the date you paid the tax.
This time period is called the Refund Statute Expiration Date (RSED).
49m ago
Yes. You will still need to add your winnings to your taxes. Your losses are deductible as itemized expenses up to the amount of your winnings. If you take the standard deduction because it is hig...
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Yes. You will still need to add your winnings to your taxes. Your losses are deductible as itemized expenses up to the amount of your winnings. If you take the standard deduction because it is higher than your itemized expenses, you will not get any type of deduction for your losses.
You will still enter your winnings under gambling winnings (W2-G)
To get there select the following:
Federal
Income
Less Common Income
Prizes, Awards, and Gambling Winnings
49m ago
So as I understand the below from Indiana Dept of Revenue, that I can claim the repayment on my Indiana State taxes even though I couldn't claim it on my Federal as I didn't have enough to itemize. ...
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So as I understand the below from Indiana Dept of Revenue, that I can claim the repayment on my Indiana State taxes even though I couldn't claim it on my Federal as I didn't have enough to itemize. Repayment of Previously Taxed Income Deduction 630 You may be eligible to claim a deduction for the repayment of previously taxed income, also known as “claim of right,” if: • You reported the income to Indiana in a previous year, • You repaid some or all of it this year, and • For federal tax purposes, you are eligible to: ο claim the repayment as an itemized deduction, or ο claim a credit based on the repayment amount. Example 1. Ryan was a full-year Indiana resident in 2024, and received $1,700 unemployment compensation that year. He reported the full amount on his 2024 federal and Indiana income tax returns. In March of 2025 Ryan found out he had to repay $345 of that compensation; he repaid it that summer. For 2025 federal tax purposes he is eligible to claim an itemized deduction* based on the $345 amount repaid. Ryan is eligible to claim the $345 amount as a repayment of previously taxed income as a deduction on his 2025 state tax return. *In this example, Ryan is not required to claim itemized deductions when figuring his federal taxable income for 2025; he cannot claim miscellaneous itemized deductions for federal purposes. Regardless, he is still eligible to claim the deduction on his state tax return.
51m ago
Unless that you are a professional trader or dealer as defined by the IRS (which constitutes a business), you cannot deduct the cost of your computer as an investor.
See this IRS document.
52m ago
Try these steps to correct the PIN error.
Under Federal
Other Tax Situations
Identity Protection PIN.
If an entry exists, delete it,
Save, and
Then re-enter the 6-digi...
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Try these steps to correct the PIN error.
Under Federal
Other Tax Situations
Identity Protection PIN.
If an entry exists, delete it,
Save, and
Then re-enter the 6-digit PIN carefully.
If you do not have an IP PIN from the IRS,
Make sure you didn't accidentally check the box indicating you were issued one.
Log out,
close your browser,
clear your cache/cookies,
or try using a different browser (like Google Chrome)
Confirm your IP PIN via the IRS "Retrieve Your IP PIN" tool.
an hour ago
The taxable amount is typically the same as the gross amount. However, if the decedent had basis in nondeductible traditional IRA contributions that they reported on Form(s) 8606, the taxable amount ...
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The taxable amount is typically the same as the gross amount. However, if the decedent had basis in nondeductible traditional IRA contributions that they reported on Form(s) 8606, the taxable amount would be less. You would have to find the last Form 8606 that the decedent filed, if any.
an hour ago
Can you give us some more information to clarify your situation?
What form or area are you working on?
an hour ago
I suggest you exit TurboTax.
Clear Cache & Cookies in your browser.
Close the browser.
Reboot your computer and
Re-start TurboTax
Try again.
an hour ago
No, you can't file as "Single" if you were legally married by
December 31, 2025.
You must choose between
Married Filing Jointly (MFJ) or
Married Filing Separately (MFS).
If yo...
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No, you can't file as "Single" if you were legally married by
December 31, 2025.
You must choose between
Married Filing Jointly (MFJ) or
Married Filing Separately (MFS).
If you file as single while you are married can lead to
IRS penalties,
Back taxes, and
Denied credits.
an hour ago
You are getting an underpayment penalty because you didn't pay enough tax throughout the year via withholding or estimated payments. This can happen if you have multiple jobs, or if you have a worki...
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You are getting an underpayment penalty because you didn't pay enough tax throughout the year via withholding or estimated payments. This can happen if you have multiple jobs, or if you have a working spouse.
If you worked more than one job, or your spouse works, you will receive W-2s from multiple employers. If you have multiple sources of income, you must combine all of the income to determine your tax.
The first $15,750 (the Standard Deduction if filing Single) isn't taxable. That is the way the payroll system works. They estimate your income for the year and calculate the tax with that deduction included.
However, if you had a second job, and failed to tell your employer the amount you earned, or expected to earn in the first job, the payroll system would give you the same deduction a second time.
This would most likely result in you owing additional tax on your tax return.
This situation is true for all other forms of income you may earn.
To avoid this circumstance, you should provide your employer with a Form W-4.
For more information, see,
Your withholding may not be enough to cover other income
an hour ago
I have answered the Identity theft questions and it still says "needs review"
Topics:
an hour ago
Can you give us some more information to clarify your situation?
Did you check the address you entered in My Info?
What section is this error coming up in?
What are you trying to post?
...
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Can you give us some more information to clarify your situation?
Did you check the address you entered in My Info?
What section is this error coming up in?
What are you trying to post?
Are yo trying to use a credit card?
an hour ago
To change to Head of Household,
You must have lived apart for the last 6 months of the year,
Paid over half the household costs, and
Have a dependent.
Log in to TurboTax,
Go ...
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To change to Head of Household,
You must have lived apart for the last 6 months of the year,
Paid over half the household costs, and
Have a dependent.
Log in to TurboTax,
Go to My Info,
Change your filing status to Married Filing Separately.
Then, say you paid for the home and have a dependent,
This will trigger the HoH option.
2 hours ago
The Trump account question comes up in the final File section.
It shows up after entering direct deposit information and reviewing filing choices.
It is triggered by claiming
A depe...
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The Trump account question comes up in the final File section.
It shows up after entering direct deposit information and reviewing filing choices.
It is triggered by claiming
A dependent under 18
With a valid SSN,
Typically for children born between 2025 and 2028.
See the TurboTax article: How do I set up a Trump Account in TurboTax?
If you've filed your taxes, you can't go back and change them, but there's a website under construction that you can go to:
Trump Accounts jumpstart
You can request updates from this site.
2 hours ago
You may wish to file for an extension. This will extend the time you have to file your taxes until October 15th, 2026.
On the left rail menu in TurboTax Online Select Tax Tools (You may hav...
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You may wish to file for an extension. This will extend the time you have to file your taxes until October 15th, 2026.
On the left rail menu in TurboTax Online Select Tax Tools (You may have to scroll down on the left rail menu.)
On the drop-down select Tools
On the Pop-up menu titled “Tools Center,” select File an extension
Follow the instructions to start the extension process
You may be asked to file the return!
Continue through this.
The extension will be filled, and your return will not.
Also, you may have to file your state taxes:
Do I need to file an extension for my personal state taxes?
Remember, an extension gives you more time to prepare your taxes, but it doesn't extend the time to pay your taxes. If you know you will have to pay taxes, you should pay them by the original due date of the tax return. This will avoid extra interest and penalties.
2 hours ago
Payments to an insurance company (the Marketplace) are included as itemized deductions.
If those combined deductions exceed the Standard Deduction, you will get the larger of the two.
2 hours ago
@thetomkatbeing a minor doesn't matter (think child actors or models). If you earn more than $400 as a self-employed individual you are required to pay SE tax. But think how this works. If sh...
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@thetomkatbeing a minor doesn't matter (think child actors or models). If you earn more than $400 as a self-employed individual you are required to pay SE tax. But think how this works. If she was a W-2 employee and made that same money, we would not be having this debate because the social security tax and medicare tax would have been withheld from her paycheck and there would be no income tax form to complete and no additional tax to pay. But for self-employed, there is no paycheck withholdings of social security and medicare, so it gets collected on the tax return. it's the same money just collected differently. Let's turn this around. It's a good example and life lesson to set for your child that there is a tax system in this country. That we all pay in to a retirement fund (social security) and medical fund (Medicare).
2 hours ago
For issues with the functioning of TurboTax contact
What's the TurboTax phone number?
To connect to a person for your account issues,
Call 1-800-446-8848 (or 1-800-4-INTUIT).
Sup...
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For issues with the functioning of TurboTax contact
What's the TurboTax phone number?
To connect to a person for your account issues,
Call 1-800-446-8848 (or 1-800-4-INTUIT).
Support is available daily from 5 AM to 9 PM PT.
You can also try reaching out via the Intuit Contact Page.
2 hours ago
Topics: