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8 hours ago
I hope this helps everyone: You need to act like you are going to file for this year. Pick the $0 plan. Once you ave done that the "Tax Home" option will show up[ on the left side. After yo...
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I hope this helps everyone: You need to act like you are going to file for this year. Pick the $0 plan. Once you ave done that the "Tax Home" option will show up[ on the left side. After you do that you will be able to scroll down to Tax Documents and download whatever. NOTE: These are turbotax 1040's and other documents you may have. These are not the things you would get back from the IRS. I am finding that my cities tax department is really particular
8 hours ago
To report this as an investment sale, follow these steps. 1. Navigate to the Investment Section Open your return and go to the Federal tab. Select Wages & Income. Scroll down to the Investmen...
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To report this as an investment sale, follow these steps. 1. Navigate to the Investment Section Open your return and go to the Federal tab. Select Wages & Income. Scroll down to the Investments and Savings section and click Show More. Click Start or Revisit next to Stocks, Cryptocurrency, Mutual Funds, Bonds, Other. On the screen asking "Did you sell any of these investments?", select Yes. If you see a list of banks or brokers, click Add investments. When asked how you want to enter your info, select Enter a different way. On the "OK, let's start with one investment type" screen, select Other (or Land/Second Home if that specific option is visible). 2. Fill in the 1099-S Details Since the system is designed for 1099-B forms, you will need to manually input the 1099-S data as follows: Description: Enter a brief description (e.g., "10.5 Acres Wooded Land") Sales Proceeds: Enter the amount from Box 2 of your 1099-S. Date Sold: Enter the date from Box 1 of your 1099-S. Date Acquired: Enter the date you originally bought or inherited the property. Cost Basis: Enter what you paid for the land plus any closing costs from the original purchase.
8 hours ago
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8 hours ago
1 Cheer
Thanks for pointing that out, That appears to be an update that occurred this year.
I have download Deluxe.
It's actually much easier, now. At the screen titled "Tell us more about your tax...
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Thanks for pointing that out, That appears to be an update that occurred this year.
I have download Deluxe.
It's actually much easier, now. At the screen titled "Tell us more about your tax-exempt dividends" you are first presented 2 boxes, your resident state and "Multiple States". For this situation, enter 0 in the home state box and the total box 12 (1099-DIV) amount in "Multiple States".
8 hours ago
Thank you for the suggestion, it is certainly worthwhile, but I'm not using a VPN. --Larry
8 hours ago
Thank you Vanessa. You are great 👍! the problem is solved. Both e-file federal and state tax return have been transmitted successfully. All my frustrations are gone. Thanks again.
8 hours ago
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8 hours ago
Where do I report capital gains from a 1099-S real estate sale?
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8 hours ago
Yes, you can revoke your consent; Here is what you can do to revoke it.
1. The DIY Method (Intuit Account Manager)
This is the fastest way to check your current status and toggle permissions ...
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Yes, you can revoke your consent; Here is what you can do to revoke it.
1. The DIY Method (Intuit Account Manager)
This is the fastest way to check your current status and toggle permissions off.
Log in to your Intuit Account Manager.
Select Data Privacy from the left-hand menu.
Look for a section titled "Data used for Intuit products" or "Personalized experiences."
If your consent was recorded, you should see a toggle or a "Revoke" button there. If it says "No consents available," then the "Yes" you clicked may not have been fully processed or saved.
2. The "Double Down" Email (Most Effective)
If the website is giving you the runaround or you want a paper trail, you can email Intuit's privacy team directly.
Email: privacy@intuit.com
Subject: Revoking Consent for Tax Data Disclosure
Message: "I am writing to formally revoke my consent for Intuit to use or disclose my tax return information for any purpose other than the preparation and filing of my [Year] tax return. This includes revoking any Section 7216 consents I may have mistakenly authorized."
8 hours ago
What was your return rejected for? We may be able to help you here in the community without needing to upgrade.
8 hours ago
Make sure you enter the 1099-R in the federal section and answer all follow - up questions there. Where do I enter a 1099-R? In the state return, you will see the details of the subtractions on ...
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Make sure you enter the 1099-R in the federal section and answer all follow - up questions there. Where do I enter a 1099-R? In the state return, you will see the details of the subtractions on the page titled Here's the income the Colorado handles differently.
If you were at least 55 years old at the end of the year, part or all of your income from your pension, annuity, Social Security or IRA accounts that is taxable on your federal tax return may not be taxed by Colorado.
For those 55 years and older, this subtraction applies to those who receive disability payments before minimum retirement age from a plan paid for by an employer. The disability payment must be taxable on your federal tax return and for permanent disability.
For people under age 55, this tax break also applies if you receive income as a beneficiary due to the death of the person who earned the pension.
Note: Premature distributions do not qualify for this subtraction. The railroad retirement benefits subtraction is allowed on the Subtractions from Income Schedule (Form DR 0104AD) automatically and not here.
8 hours ago
Here are two FAQs to help: What if I'm having trouble with my filing verification code? and How do I get a verification code if the email address is wrong?
8 hours ago
I am not getting the verification code through email why?
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8 hours ago
If your license code is not working and you are using TurboTax Desktop, you can open your TurboTax software on your computer, sign in to your Intuit account, and you will be prompted to enter the 16-...
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If your license code is not working and you are using TurboTax Desktop, you can open your TurboTax software on your computer, sign in to your Intuit account, and you will be prompted to enter the 16-character alphanumeric code (XXXX-XXXX-XXXX-XXXX). This will activate your software and verify your license code. You can find the code in your confirmation email, your box, or the software download page, depending on how you purchased it.
If the activation screen doesn't come up, you can select to "Activate New Product" from your TurboTax "Help" menu.
You can contact TurboTax Customer Service using this link: Turbo Tax Customer Service.
See Also:
How do I find my license code for TurboTax Desktop?
How do I get started with TurboTax Online that I purchased from a retailer?
How do I get started with TurboTax Desktop?
I can't find my license code
Please return To Community if you have any additional information or questions and we would be happy to help.
8 hours ago
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8 hours ago
Turbotax state return shows no refund
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8 hours ago
When you edit your business entries, on the screen that says Your (name of business) Business, choose the option that says Business Vehicle Expense, under the heading of Business Expenses. Find your ...
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When you edit your business entries, on the screen that says Your (name of business) Business, choose the option that says Business Vehicle Expense, under the heading of Business Expenses. Find your business vehicle listed and edit it, or set up a vehicle entry if you have not done so yet. Enter the information requested about your vehicle, including the mileage and you will come to a screen that says You've got a standard mileage deduction of $xxx. You will be asked on that screen if you want to stick with the standard mileage deduction or if you want to see if your actual expenses will give you a better deduction. You can choose which method you want to go with.
8 hours ago
Without realizing, I exceeded the 23,500 401k limit. Please advise how to update all to get right and avoid unnecessary taxes. Being over 65, I am wondering if the overage can be put into line 6c wh...
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Without realizing, I exceeded the 23,500 401k limit. Please advise how to update all to get right and avoid unnecessary taxes. Being over 65, I am wondering if the overage can be put into line 6c which is the catch-up line. The overage is under the catch-up limit. If necessary, having the plan admin reduce out the difference but then does that require a new W2 and or at least updating the form in TT (getting a new W2 sent by them to IRS also)? This would change my tax rate but could offset by the overage tax. Better option: When I put into the 6c, the red colors go away. What I don't know is if the W2 needs to change for this (a different letter code to identify as catch-up) or if it's all done by simply moving the amount to 6c. Thanks in advance for good direction to simplify work and avoid tax complications.
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