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I totally agree! TurboTax needs to make the living abroad question mandatory. I have been using TurboTax for close to 40 years for peace of mind. 
Para ver que esta mal con su declaracion del 2023, la mejor opcion es que haga cuenta en la pagina de web del IRS y baje su declaracion del 2023.  Igual, si hay algun aviso del IRS, puedra ver todo l... See more...
Para ver que esta mal con su declaracion del 2023, la mejor opcion es que haga cuenta en la pagina de web del IRS y baje su declaracion del 2023.  Igual, si hay algun aviso del IRS, puedra ver todo lo que el IRS le ha mandado dentro su cuenta de IRS.   Sin embargo, aun puede declarar su declaracion del 2024, solo pongale cero a cualquier pregunta que le hagan sobre el 2023.   le comparto liga donde puede entre/crear su cuenta del IRS: Cuenta en línea para personas físicas
You are clearly not getting the foreign tax credit so let's look at the rules. The formula the IRS uses on Form 1116 is roughly: Max Credit = (Foreign Taxable Income divided by Total Worldwide Ta... See more...
You are clearly not getting the foreign tax credit so let's look at the rules. The formula the IRS uses on Form 1116 is roughly: Max Credit = (Foreign Taxable Income divided by Total Worldwide Taxable Income) times Total U.S. Income Tax   It doesn't sound like you are using treaty income to claim this. Simply foreign income and foreign tax. You could use the foreign earned income exclusion but not with the foreign tax credit. If you are working in the US, there are extra rules that may disallow the credit, see employee.   If you truly don't qualify this year, it will carry forward. However, you may want to look into the foreign earned income exclusion instead.   Don't forget about FATCA and FBAR while filing. Here is a comparison of the FATCA (Form 8938) and FBAR requirements.   Reference: Pub 514 Form 1116 Form 1116 instructions HI sch CR   Welcome!
If you are filing a Joint return then when you go to Social Security there should be 2 columns, one for each of you.   Go back to My Info and check if you picked Married and filing together.   Ente... See more...
If you are filing a Joint return then when you go to Social Security there should be 2 columns, one for each of you.   Go back to My Info and check if you picked Married and filing together.   Enter a SSA-1099, SSA-1099-SM or RRB-1099  under Federal Taxes Wages and Income Then scroll down to Retirement Plans and Social Security Then the second line - Social Security (SSA-1099. RRB-1099) - click the Start or Revisit  button   After you enter it keep going.  There are follow up questions you need to answer.  Especially look for if you lived in a Foreign country.  Should be No.
I am filling out my sch E for the first time this year. First year renting and I converted my primary residence to a rental in the same year. For 4 months of the year, it was a rental. When it came t... See more...
I am filling out my sch E for the first time this year. First year renting and I converted my primary residence to a rental in the same year. For 4 months of the year, it was a rental. When it came to entering expenses(mortgage interest, insurance premiums, real estate taxes, HOA fees, etc) I annualized the amounts. Should I only enter the prorated amount of 4 months of expenses, or will turbo tax do this automatically since it asked for days of personal use vs rented?
"You must manually go into the "Business Income" section of TurboTax and adjust your income or expenses until the Net Profit matches the IRS’s number. Once that matches, your AGI will automatically f... See more...
"You must manually go into the "Business Income" section of TurboTax and adjust your income or expenses until the Net Profit matches the IRS’s number. Once that matches, your AGI will automatically fix itself." Sorry I am not sure how else to say this - This is the standing issue - I do not know what to adjust within this section to make it match what the IRS states it should be, as everything on my review was inputted correctly. Are you saying I just make up numbers to get it to match what the IRS says??   To be specific with numbers on the transcript it states this: Business income or loss (Schedule C): 22,423 Business income or loss (Schedule C) per computer: 24,757 Difference: 2,334   Going into what I have listed on Turbotax under this section:    
Thanks.  My son was a W-2 employee with this company for over 10 years - withholding, social security, 401K, etc.  He should have been paid on a W-2 in 2024, but the employer let things go on for too... See more...
Thanks.  My son was a W-2 employee with this company for over 10 years - withholding, social security, 401K, etc.  He should have been paid on a W-2 in 2024, but the employer let things go on for too long and did not have money to pay his employees or suppliers.  There were 100 or so employees in this situation.  The amount he should have been paid in early 2024 on a W-2 was paid in late 2025 on a 1099-NEC.  By that time he wasn't an employee and it's not clear that the company existed.  
Wow. Finally solved the problem with your help thank you!!  I earlier could not find the "various" listing in the income - sources  screen, I was looking for it alphabetically, toward the bottom of t... See more...
Wow. Finally solved the problem with your help thank you!!  I earlier could not find the "various" listing in the income - sources  screen, I was looking for it alphabetically, toward the bottom of the country list; it was easy to miss based on how it was positioned - with "select a country or US possession" . This threw me off.  .Should have had " select "ONE a country or US possession, or RIC or Various" ... Bad drop down list design.      
you must file by mail and include the IRS notice. explain why you disagree with some of its findings. 
I am a full time teacher of 25 years, and I claim the teacher credit every year. This is the first year I have had issues with the Turbotax software in regards to this credit. I entered my expenses (... See more...
I am a full time teacher of 25 years, and I claim the teacher credit every year. This is the first year I have had issues with the Turbotax software in regards to this credit. I entered my expenses (listed the $300 maximum) for me, and $0 for my husband. The software tells me "It turns out you don't qualify for this deduction". I definitely qualify. Here is the kicker. If I enter $0 expenses for me and $300 for my non-educator husband, it gives us the credit. So this definitely has to be a glitch.   I have searched this issue online and here on Turbotax, and I guess it has glitched for others in years past. I don't see how to fix this. Is there a way to override the software and manually enter the deduction myself?
No deduction for personal residence, but a betterment or restoration would add to the tax basis to reduce gain when sold.
My social doesnt match credit report
If you typed your correct Social Security Number into the "Personal Info" section, but the W-2 from your employer had a typo, you generally do not need to amend your return.   The IRS processes y... See more...
If you typed your correct Social Security Number into the "Personal Info" section, but the W-2 from your employer had a typo, you generally do not need to amend your return.   The IRS processes your return based on the SSN you provided (in the "Personal Info" section of the program).  As long as your income numbers (Box 1, Box 2, etc.) match what was on the original W-2, your return was processed correctly.   Keep the W-2c with your tax records.  If the IRS ever asks why your employer's records didn't match your filing, you’ll have the W-2c as proof of the correction.   Note: If you live in a state with income tax (e.g., California), ask your employer if they also filed a correction with the State Department of Revenue.   Unless the state sends you a notice, you usually don't need to file a separate state amendment just for a W-2 SSN correction (if the income amounts didn't change).
Background: i live in PA and my employer is HQ in NY... I work 20% of time in NY, 80% of of the time in PA.    My employer previously only worked with NY state when it came to state income tax.  So... See more...
Background: i live in PA and my employer is HQ in NY... I work 20% of time in NY, 80% of of the time in PA.    My employer previously only worked with NY state when it came to state income tax.  So, i would make the appropriate adjustment and make quarterly estimated tax payments to PA.  In Q4 of 2025, my employer began working with other states and submitting tax to other states, including PA.   For my W2, i received 3 versions 1.) in the state section it says "TOTAL STATE" 2.) in the state section it lists NY along with my total taxable wages 3.) in the state section it lists PA, and basically 1 quarter worth of my taxable wages (b/c they only worked with PA for Q4 of the year)   When entering this information in the Federal tax section of TT, i did exactly as instructed (and as i've seen directed by experts on here).  I only put it in as a single W2, with an additional state, and filled it out correctly.   However, when I come around to doing the states, its pulling into the PA return as 2 separate W2's... So my PA return has my taxable income overstated by approx 25% (full wages from the NY W2 and the 1 quarter of wages from the PA W2)....    How do i remedy this? For both W2's, do i check the box that says "I need to make an adjustment to the taxable amount of this income" and revise the taxable amount?  Its not exactly as simple as multiplying it by the proportion of my time i spend in PA, as its double counting Q4 wages or... do i just delete the PA W2 from TT, since its double counting Q4 wages.... ? that doesn't seem right.   appreciate any help someone can provide!
@ onthewater wrote:  "Does the One Big Beautiful Bill say no tax on Social Security Benefits?"   President Trump wanted "no tax on Social Security" included in his OBBBA as relief for Seniors, but ... See more...
@ onthewater wrote:  "Does the One Big Beautiful Bill say no tax on Social Security Benefits?"   President Trump wanted "no tax on Social Security" included in his OBBBA as relief for Seniors, but one party voted against that as well as the other items in the OBBBA.  So the OBBBA had to be passed through a process called budget reconciliation. That budget reconciliation process specifically prohibits any changes to Social Security (part of the Byrd Rule). So instead, a lesser workaround was to lessen the pain a bit with a "senior bonus" called the "Enhanced Senior Deduction". It does not equate to full Social Security tax refief for many people, but it does help lower the overall tax burden of seniors and got around the Byrd Rule. It provides some extra spending money, especially for married couples. Hopefully, additional tax relief for Social Security can be in future legislation.
I'm using TurboTax Deluxe desktop version.  I had imported some info from Quicken including SSN income.  In the Wages & Income, Retirement Plans and Social Security section when I click Update it app... See more...
I'm using TurboTax Deluxe desktop version.  I had imported some info from Quicken including SSN income.  In the Wages & Income, Retirement Plans and Social Security section when I click Update it appears it imported under my name only and is asking questions for me.  There's nowhere to add more income or to edit this entry to correct it to his name.
I put the wrong account number to receive funds I use the amend to change the account number but it’s still says the old account number nothing updated ! I need to know it updated or changed
There's another question. Is(are) the person(s) who could claim you required to file a tax return (other than to file to claim a refund of taxes paid in when they have no federal tax liability)? If y... See more...
There's another question. Is(are) the person(s) who could claim you required to file a tax return (other than to file to claim a refund of taxes paid in when they have no federal tax liability)? If yes, they report your 8962. If no, you check the box that you can not be claimed as a dependent and file the 8962 with your return.