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I put the income from the Royalties down, but it doesn't show on my income file.
All the social security numbers were entered correctly within the income section related to SSA-1099. Otherwise it wouldn’t have been able to calculate the portion of the total benefits that were tax... See more...
All the social security numbers were entered correctly within the income section related to SSA-1099. Otherwise it wouldn’t have been able to calculate the portion of the total benefits that were taxable which it failed to add to total income.
It is very important that you determine the basis for your non-qualified ESPP stock sales on your own, rather than only relying on your Form 1099-B, because it does not have the complete story. It wi... See more...
It is very important that you determine the basis for your non-qualified ESPP stock sales on your own, rather than only relying on your Form 1099-B, because it does not have the complete story. It will often show only what you paid out of pocket. If you use this number alone, your gain will be too high and you may end up paying more taxes than you should.    Since you won't receive a Form 3922 (reserved for Qualified Plans), enter it as a standard stock sale* and manually adjust the cost basis to ensure you are not double-taxed.    To find your tax basis, look at your W-2, Box 12 for Code V (Non-Qualified Options - NQSO). Many employers use it (or Box 14) to report the discount of your ESPP that was added to your wages.   Your adjusted basis is equal to the amount you paid out of pocket, plus the amount already included in your W-2 wages.   Here's how to enter your Form 1099-B and make any necessary adjustments to basis in TurboTax:   Click on Income in the Federal section Scroll down to Investments and Savings and click down arrow Select Stock, Crypto...(1099-B...) Select Add investments, then Enter a different way Select Stock, Bonds, Mutual Funds (1099-B), Continue Enter brokerage information*, then Continue *Note: In the "Tell us about the sales..." section, Answer "No" to "Do these sales include any employee stock?" then Continue In the "Now choose how to enter your sales", select one at at time (if you don't have a lot), then Continue To adjust the basis, click on the box below the sales section, "I need to adjust my total cost basis"
Turbo tax is saying I don't have enough in my state refund to pay for the service but the total is less than $172
@bennekwilliam    IF for NY???  You enter ONLY the first three characters...not the whole nnumber.   FIRST...make sure you are using the right number   ...depending on the license type...check ... See more...
@bennekwilliam    IF for NY???  You enter ONLY the first three characters...not the whole nnumber.   FIRST...make sure you are using the right number   ...depending on the license type...check the following pictures provided by NY: Sample Photo Documents | NY DMV _________________ AND, it is not the DMV ID number
Para agregar gastos relacionados con tu trabajo independiente, como pago por gasolina y millas recorridas, sigue estos pasos en TurboTax Online: 1. Ve a la sección Wages & Income. 2. Busca y sele... See more...
Para agregar gastos relacionados con tu trabajo independiente, como pago por gasolina y millas recorridas, sigue estos pasos en TurboTax Online: 1. Ve a la sección Wages & Income. 2. Busca y selecciona Start o Update junto a Business Income and Expenses (Schedule C). 3. Responde "Sí" a las preguntas sobre ingresos y gastos por trabajo independiente. 4. En el listado de gastos, selecciona Vehicle Expenses para ingresar millas y gastos de gasolina. 5. Puedes elegir entre el método de tasa estándar por milla o el método de gastos reales. 6. Ingresa el total de millas recorridas para trabajo y otros gastos relacionados. TurboTax te guiará para completar los detalles y maximizar tus deducciones.
@meredith-senior    BUT...if for NY ...it is ONLY the first three characters...not the whole number. FIRST...make sure you are using the right number   ...depending on the license type...check t... See more...
@meredith-senior    BUT...if for NY ...it is ONLY the first three characters...not the whole number. FIRST...make sure you are using the right number   ...depending on the license type...check the following pictures provided by NY: Sample Photo Documents | NY DMV _________________ AND, it is not the DMV ID number
Entering 2024 instead of 2025 on Form 4852, Line 6, won’t cause an audit by itself. Here’s why, and what to keep in mind if you’re considering making changes.   Form 4852 is a substitute for a... See more...
Entering 2024 instead of 2025 on Form 4852, Line 6, won’t cause an audit by itself. Here’s why, and what to keep in mind if you’re considering making changes.   Form 4852 is a substitute for a missing or incorrect Form 1099‑R. When the IRS receives your actual 1099‑R for 2025, they will match it to your 2025 return, not your 2024 return. On your 2024 return, the IRS only cares about: The income amount you reported The tax withholding you reported Whether those numbers make sense for 2024 The year you typed on Line 6 of Form 4852 is not used for matching. It’s informational only. So no, this shouldn't cause an audit in 2026.   Now the question is "Do you need to amend your 2024 return?" In almost all cases: No. You would amend only if:   The income you reported was wrong  The withholding was wrong The distribution actually belonged to 2025, not 2024 But if the only mistake was typing 2024 instead of 2025 on Line 6, and the numbers themselves were correct for 2024, then an amendment is unnecessary. The IRS does not require amending returns over clerical details like this.    @BPFLOYD     
That may have come from Medicare premiums if you entered social security income from form SSA-1099. It would qualify for the self-employed health insurance deduction if you met the other conditions. ... See more...
That may have come from Medicare premiums if you entered social security income from form SSA-1099. It would qualify for the self-employed health insurance deduction if you met the other conditions. Otherwise, you need to edit your business expense entries in the self-employed section.    Find the screen that says Your (name of business) Business and edit the Business Expenses. On the screen that says Lets write off some business expenses, choose the Insurance payments option. On the next screen that says Insurance Payments, choose Health Insurance Premiums and adjust the entries there as required.
Yes, Yes, TurboTax often automatically populates the Oregon Special Medical Subtraction (Code 351) if you meet the age requirements and entered medical expenses in the federal section, sometimes lead... See more...
Yes, Yes, TurboTax often automatically populates the Oregon Special Medical Subtraction (Code 351) if you meet the age requirements and entered medical expenses in the federal section, sometimes leading to an automatic reduction of income.  See ORS 316.693 and OAR 150-316-0550. 
DC has several differences with the federal government on depreciation.  Bonus depreciation is the biggest one.  The likelihood in this instance is that the bonus depreciation difference was last yea... See more...
DC has several differences with the federal government on depreciation.  Bonus depreciation is the biggest one.  The likelihood in this instance is that the bonus depreciation difference was last year in the first year and the $222 difference for this year is just the difference in the depreciable basis carried forward.  You will need to review your 2024 federal and DC returns and see what the differences were in the depreciation deductions for last year to see what the carryforward change is.    
And you are shouting at us in all capital letters.  Please do not do that.   You have not asked a question.    What is your question for the user forum?
IRS Form 941, Employer's Quarterly Federal Tax Return - https://www.irs.gov/forms-pubs/about-form-941   OMB No. 1545-0029
Whose return do you need to amend?   Yours or hers?   If her return rejected you don’t amend hers.   She might have to mail her return to claim herself since you already claimed her on yours.   
@mikecap    But did you enter only the first three characters/numbers.   ONLY three....not the whole number.
I will delete the from tax return schedule the real property which became a part of  the REIT in which I have received OP units in consideration for the contributed property. .The K-1 will have the  ... See more...
I will delete the from tax return schedule the real property which became a part of  the REIT in which I have received OP units in consideration for the contributed property. .The K-1 will have the  tax basis  information going forward of the contributed property which you can track for any potential capital gain reporting  if you decide to choose to sell OP units in future. It’s my understanding there is no further IRS reporting requirements for this contribution under 721. 
If you already filed you can see your receipt that shows that you purchased the audit defense certificate.  You can login to your TurboTax account, select the year you want to check under "Your tax r... See more...
If you already filed you can see your receipt that shows that you purchased the audit defense certificate.  You can login to your TurboTax account, select the year you want to check under "Your tax returns & documents", and choose to View order details. If you have PLUS, Max Benefits, or Premium Services listed, then you purchased Audit Defense. In TurboTax Desktop, it’s called Audit Defense for TurboTax Desktop.   TurboTax Audit Support Center