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Turbo Tax says I have a 1099-Misc in my return, but I don't. This is preventing me from e-filing my state return in Arkansas. Is there a solution for this glitch?
Do you have the W-2 with the educator income assigned to your husband instead of you?   
Consider adding a line item expense and calling it Mortgage Interest, and enter the amount there.  It won't be on the specific mortgage interest line on the Sch E form, rather it'll be in the other e... See more...
Consider adding a line item expense and calling it Mortgage Interest, and enter the amount there.  It won't be on the specific mortgage interest line on the Sch E form, rather it'll be in the other expenses line item, but it'll produce the same result and you'll bypass the TurboTax issue.
Can someone know how to transfer 2024 Turbo tax to 2025 turbo tax after I complete the 2025 Tax?
Similar situation here. Wanted to get clarification.  If there were contributions to an HSA DURING a period of ineligibility due to secondary non-HDHP coverage, does the last-month rule override t... See more...
Similar situation here. Wanted to get clarification.  If there were contributions to an HSA DURING a period of ineligibility due to secondary non-HDHP coverage, does the last-month rule override the need to withdraw excess contributions made during this ineligible window? For example: Individual has family HDHP and contributed in Jan-April, while being covered on a secondary HMO (non-HDHP plan) through spouse. The spouse changes jobs and signs up for an individual HSA through the rest of the year from July-December. Both individuals are covered on a HDHP on Dec. 1, 2025. Does the first individual have to contact the HSA custodian to withdraw the contributions from Jan-April 2025? If the last-month rule overrides the ineligible contributions then is the max limit for the family still $8550 for 2025? This will assume that HDHP is maintained throughout all of 2026. Thanks!
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).