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Yes, California property taxes on your home and on other real estate are deductible. You will only see a benefit from the deduction if your total itemized deductions exceed your standard deduction on... See more...
Yes, California property taxes on your home and on other real estate are deductible. You will only see a benefit from the deduction if your total itemized deductions exceed your standard deduction on the Federal return.   However, some items that may appear on a California property tax statement are actually not considered deductible taxes. Property tax payments for local benefits, special assessments, Mello-Roos bonds, and direct levies that increase property value are generally not deductible.    These non-deductible items, often labeled under "SPL ASMNT USER FEES" on tax bills, include charges for improvements like streets, sidewalks, and sewer systems. See here for an example of an Orange County tax statement with nondeductible items identified.   See this tax tips article and this help article for more information.  
I entered my self employment income and have no problem entering the amount for the 401K, but the SEP IRA is just not there this year
I have downloaded the CSV, I am using Desktop version of Turbotax premier. Can you let me know when this will be available.
Yes, TurboTax will split Income and expenses for your rental when you indicate that you own a % in the Property Profile.  When entering the property asset, though, enter your 50% Cost Basis so deprec... See more...
Yes, TurboTax will split Income and expenses for your rental when you indicate that you own a % in the Property Profile.  When entering the property asset, though, enter your 50% Cost Basis so depreciation can be tracked correctly.   Your Cost Basis would be the price you paid, plus any improvements made between purchase and starting as rental property.  Any improvements made after date placed in service can either be expensed (depending on cost/nature) or added as an Asset and depreciated in the Rental section.    Remember when TurboTax asks 'was the property rented all year' they are referring to the date placed in service, so the answer would be usually be Yes.   Here's some info on Depreciation of Business Assets and Capital Improvements you may find useful.       @tspurrell94   
Very helpful thank you. Unfortunately, the reason I went back and checked 7 in the first place is because if I don't, I'm told I have an excess of 3800 for the 2025.
Thanks.   How do I file a corrected 1065 via TurboTax?
Nope.  No response from anyone at TurboTax and no way to submit an actual support ticket.  Apparently they don't care.  Product keeps getting worse and worse.  I've taken my personal business to a re... See more...
Nope.  No response from anyone at TurboTax and no way to submit an actual support ticket.  Apparently they don't care.  Product keeps getting worse and worse.  I've taken my personal business to a real accountant and I guess I'll have to start doing the same for the trusts even though they are dead simple.
I stopped renting later last year and prepared the property for sale. I entered "250 days rented" and "No" to "Was this property rented all year?". The depreciation came back as the whole year number... See more...
I stopped renting later last year and prepared the property for sale. I entered "250 days rented" and "No" to "Was this property rented all year?". The depreciation came back as the whole year number. There is a place to enter the sale/disposition date but once I entered it, it's treated as sale, not stopping using as rental. And the depreciation came back as 0.   So how do I enter partial year depreciation for rental property or make TurboTax calculate partial year depreciation?   Thanks a bunch!    
Thank you -- the line 7 issue has been fixed with these instructions.   Moving expenses is still causing an issue — it's still appearing in Column A as a deduction when it should be in Column B onl... See more...
Thank you -- the line 7 issue has been fixed with these instructions.   Moving expenses is still causing an issue — it's still appearing in Column A as a deduction when it should be in Column B only. How do I prevent it from appearing there? 
It is automatic based on your age. It is not part of your Standard Deduction. The new Senior Deduction is separate and in addition to the Standard Deduction or your Itemized Deductions on 1040 line 1... See more...
It is automatic based on your age. It is not part of your Standard Deduction. The new Senior Deduction is separate and in addition to the Standard Deduction or your Itemized Deductions on 1040 line 12e. The 6,000/12,000 senior deduction will be calculated on 1040 Schedule 1-A page 2 Part V Enhanced Deduction for Seniors which goes to 1040 line 13b with any other sch 1-A amounts. Turbo Tax automatically includes it if you qualify. For Single the deduction starts to phase out at 75,000 and maxes out at 175,000 For Joint the deductions starts to phase out at 150,000 and maxes out at 250,000 If you are married you have to file a Joint return 
For Online version You can preview the 1040 or print the whole return https://ttlc.intuit.com/community/accessing/help/how-do-i-preview-my-turbotax-online-return-before-filing/00/26160 What do you have on 1040 or 1040SR line 13b? See the 1040 ….    
I would like to take a deeper look at this. However, I need a diagnostic file which is a copy of your tax return that has all of your personal information removed. You can send one to us by following... See more...
I would like to take a deeper look at this. However, I need a diagnostic file which is a copy of your tax return that has all of your personal information removed. You can send one to us by following the directions below:   TurboTax Online:   Sign into your online account. Locate the Tax Tools on the left-hand side of the screen. A drop-down will appear. Select Tools On the pop-up screen, click on “Share my file with agent.” This will generate a message that a diagnostic file gets sanitized and transmitted to us. Please provide the Token Number that was generated in the response.   TurboTax Desktop/Download Versions:   Open your return. Click the Online tab in the black bar across the top of TurboTax and select “Send Tax File to Agent” * This will generate a message that a diagnostic copy will be created.  Click on OK and the tax file will be sanitized and transmitted to us. Please provide the Token Number  (including the dash) that was generated in the response.   *(If using a MAC, go to the menu at the top of the screen, select Help, then, “Send Tax File to Agent”)  
all I need is to file but since it asks for my wife SSN wich she does not have or Itin and its late to get an Itin. How to put NRA on form on turbo tax
how do i fix irs notice cp5071
You can post questions here in this Community forum. Other users, expert users, and TurboTax experts will see your question and post an answer. We don't have access here to speak with users.   If... See more...
You can post questions here in this Community forum. Other users, expert users, and TurboTax experts will see your question and post an answer. We don't have access here to speak with users.   If you still need more help, see this help article for instructions on how to contact TurboTax customer support depending on which product you are using. 
To enter the Schedule A-1 senior deduction in TurboTax Online, including your age and income information, follow these steps: 1. Go to the Federal section and select Deductions & Credits. 2. Scro... See more...
To enter the Schedule A-1 senior deduction in TurboTax Online, including your age and income information, follow these steps: 1. Go to the Federal section and select Deductions & Credits. 2. Scroll down to either the Standard Deduction area or Other Deductions section. 3. TurboTax will ask if you want to take the standard deduction or itemize. 4. Enter your age when prompted; TurboTax uses this to determine senior deduction eligibility. 5. Provide your income information if asked, so TurboTax can apply the income limits for the senior deduction. 6. TurboTax will automatically calculate and apply the Schedule A-1 senior deduction if you qualify. This deduction is in addition to the standard or itemized deductions and requires you or your spouse to be age 65 or older by the end of the tax year. Income limits begin phase-out at $75,000 for single filers and $150,000 for married filing jointly.
Not all investment sales are required to be reported on Form 8949. It is possible that the missing investment sales you mention are listed directly on Schedule D. You can learn more in the instructio... See more...
Not all investment sales are required to be reported on Form 8949. It is possible that the missing investment sales you mention are listed directly on Schedule D. You can learn more in the instructions to Form 8949. One of the most common reasons for this is that you have a Form 1099-B wherein the cost basis has been reported to the IRS and there are no adjustments reported in boxes 1(f) or 1(g).
there is no code listed for St Judes, so how do i get this donation to go through?