All Posts
28m ago
Yes, you can check your Form 1040. Review your Form 1040, Line 12a to see if the box has been checked 'Someone can claim you as a dependent'.
29m ago
We can't make phone calls from this forum, but we can answer questions.
The IRS Notice CP5071 is sent by the IRS to verify your identity.
A different tax return may include your Social Se...
See more...
We can't make phone calls from this forum, but we can answer questions.
The IRS Notice CP5071 is sent by the IRS to verify your identity.
A different tax return may include your Social Security number.
This doesn't mean you did anything wrong, but rather is intended to protect your identity.
Read the form carefully.
Respond within 30 days of the letter's date to avoid processing delays.
You have several options to confirm who you are.
Verify Online (Fastest): Go to IRS Verify Your Return to confirm your identity, as suggested by IRS (.gov).
Verify by Phone: Call the toll-free number provided in your letter,
which is often 800-830-5084.
Documents Needed:
Have your CP5071 notice,
The tax return for the year listed (your 2025 return), and
A prior-year return with all supporting documents (W-2s, 1099s) ready.
30m ago
Hard to say since we do not know what state you are referring to, what your filing status would be and how much state tax was withheld. Please clarify.
31m ago
Topics:
34m ago
Topics:
34m ago
It depends. Are you self employed? If so, then this form applies to you. Make sure you don't need it before trying to delete it.
This form relates to the qualified business income deduction (...
See more...
It depends. Are you self employed? If so, then this form applies to you. Make sure you don't need it before trying to delete it.
This form relates to the qualified business income deduction (QBID). See the instructions to see if it applies to you.
IRS Form 8995 Instructions
What is QBID?
TurboTax Online:
From the left rail menu in TurboTax Online, select Tax Tools (You may have to scroll down on the left rail menu.)
Select Tax Tools
On the drop-down select Tools
On the pop-up menu titled “Tools Center”, select View Tax Summary
On the left sidebar, select Preview my 1040 - Scroll to line 13 to see your deduction.
Once your return is finished you can print Form 8995 to see the income and calculated deduction.
TurboTax Desktop:
Select Forms in the top right
Select the Form 1040 - Scroll to line 13 to see your deduction
Select Form 8995 to see the income and the calculated deduction
35m ago
It depends. Are you self employed? If so, then this form applies to you. Make sure you don't need it before trying to delete it.
This form relates to the qualified business income deduction (...
See more...
It depends. Are you self employed? If so, then this form applies to you. Make sure you don't need it before trying to delete it.
This form relates to the qualified business income deduction (QBID). See the instructions to see if it applies to you.
IRS Form 8995 Instructions
What is QBID?
TurboTax Online:
From the left rail menu in TurboTax Online, select Tax Tools (You may have to scroll down on the left rail menu.)
Select Tax Tools
On the drop-down select Tools
On the pop-up menu titled “Tools Center”, select View Tax Summary
On the left sidebar, select Preview my 1040 - Scroll to line 13 to see your deduction.
Once your return is finished you can print Form 8995 to see the income and calculated deduction.
TurboTax Desktop:
Select Forms in the top right
Select the Form 1040 - Scroll to line 13 to see your deduction
Select Form 8995 to see the income and the calculated deduction
35m ago
fanfare, does this method still work? E-filing then once Accepted, sending in the Form 8606 for the Inherited IRA with a 1040-X?
35m ago
Presente pa declaracion del impuesto federal pero todavía no se a pagado
Topics:
35m ago
I tried to expand the form, but box 1 is wages on my 1099 MISC and box 2 Federal Income tax withheld. On the new 1099 MISC 1 and 2 are rents and royalties???? It similar to a standard W2, but the t...
See more...
I tried to expand the form, but box 1 is wages on my 1099 MISC and box 2 Federal Income tax withheld. On the new 1099 MISC 1 and 2 are rents and royalties???? It similar to a standard W2, but the top indicates Form 1099 MISC????
36m ago
I'm struggling to understand the form on New York Nonresident Deductions. Turbotax asks me to enter the "New York source portion" for "any federal deductions attributable to the period of your New Yo...
See more...
I'm struggling to understand the form on New York Nonresident Deductions. Turbotax asks me to enter the "New York source portion" for "any federal deductions attributable to the period of your New York State nonresidency." I live outside NY and have a side business for which I did some work for NY-based clients; 60% of my revenue came from clients based in NY. Turbotax identifies the self-employment tax as the relevant NY nonresident deduction. But given that only some of my 1099 income comes from NY, how do I know what portion of the self-employment deduction is the "source portion"? Is it just 60% of the number that Turbotax has generated ($1,304) for the nonresident deduction (so, $782.40)? Thank you!
36m ago
"Person on the Retun Worksheet: Enrollmentstatus must be entered." I checked the info several times and deleted/re-entered twice.
Topics:
38m ago
Topics:
38m ago
I have a mixed-use primary residence that I rented out via Airbnb in 2025. I lived in the property for 182 days and rented it for 73 nights, which I have entered correctly in the rental property sect...
See more...
I have a mixed-use primary residence that I rented out via Airbnb in 2025. I lived in the property for 182 days and rented it for 73 nights, which I have entered correctly in the rental property section. The property type is set to "Vacation or short-term." Based on these personal use days, I believe the vacation home rules should apply (IRC §280A), which limits rental deductions to rental income and disallows any rental loss. However, my return is currently showing a rental loss of -$1,267 being applied against my total income. My MAGI is also above the $150,000 threshold where the $25,000 active participant special allowance is fully phased out — so the loss should not be allowed under either set of rules. Can you help me confirm whether the vacation home expense limitation is being correctly applied, or if there is a bug causing the rental loss to flow through incorrectly?
Topics:
38m ago
This is obviously incorrect! What gives??
38m ago
I do not see my previous year's itemized business expenses as I have every year before
Topics:
38m ago
Right, 2021- it will be too late for PA. PA has a 3 year limit.