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Did you enter this on your 2025 or 2024 return? And which 1099 form is it?   Once we know which kind of 1099 form you are referring to, then we can help you.   If you are referring to your 20... See more...
Did you enter this on your 2025 or 2024 return? And which 1099 form is it?   Once we know which kind of 1099 form you are referring to, then we can help you.   If you are referring to your 2024 return, you must amend your 2024 tax return to delete any forms. See "How do I amend my federal tax return for a prior year?"
Yes, that may have been for a specific situation however, once you calculate the depreciation portion of the standard mileage rate (SMR) or you total actual depreciation expense used enter that amoun... See more...
Yes, that may have been for a specific situation however, once you calculate the depreciation portion of the standard mileage rate (SMR) or you total actual depreciation expense used enter that amount in the slot for 'Depreciation'. If the depreciation amount is higher than the cost basis, use the cost basis.    Gain will be taxed to the extent of depreciation at your regular tax rate. If there is a higher gain, the balance will be taxed as capital gain. A loss would reduce other income.   It's not recommended to do any sales information in the vehicle asset itself. If you follow the steps the taxable income will report property without duplication. Vehicles have varied business use percentages and for this reason it's difficult to arrive at the correct results inside the vehicle.   @cclinton 
I have a foreign real estate sale gain already on Schedule D — how do I associate it with a country for Form 1116 purposes? I sold land in Australia last year, and paid CGT there above the US tax rat... See more...
I have a foreign real estate sale gain already on Schedule D — how do I associate it with a country for Form 1116 purposes? I sold land in Australia last year, and paid CGT there above the US tax rate. However this transaction is not recognized by TurboTax in the Foreign Tax Credit section.   TurboTax AI help said: "The foreign tax credit (FTC) generally does not apply to taxes on real estate sales reported on Schedule D, including land sales, because property taxes or gains from property sales are usually not considered creditable foreign income taxes."   My accountant in Australia (also licensed in the US), Claude and every source I have found online say otherwise. 
@riederer    You should specify which state is involved.   It could be a state-specific problem, and someone with that state needs to check what's happening....but we don't know which state you a... See more...
@riederer    You should specify which state is involved.   It could be a state-specific problem, and someone with that state needs to check what's happening....but we don't know which state you are using.
instead of manual input, can a W-2G be inported?
My State filing keeps getting rejected due to misinformation, but I don't know what could be being entered incorrectly
If you do not have your 2024 tax forms, how you get them will depend on how you filed your taxes last year.   If you used TurboTax Online to prepare your 2024 taxes, you can download your 2024 Ta... See more...
If you do not have your 2024 tax forms, how you get them will depend on how you filed your taxes last year.   If you used TurboTax Online to prepare your 2024 taxes, you can download your 2024 Tax information in TurboTax as follows;  Sign in to your TurboTax account ,  Scroll down to "Your tax returns & documents" on your Tax Home screen and select 2024.  Click on "Download/print return (PDF)".     See these helpful links:  How do I get a copy of the 2024 return I filed in TurboTax Online?  How do I view, download, or print a prior-year tax return?   If you used a TurboTax Desktop version, you can open your saved .tax2024 file directly from your computer.    You can also obtain your 2024  tax data from the IRS. They keep records for up to seven years. To get an exact copy of your 2024 tax return, you can file Form 4506, Request for Copy of Tax Return.  There is a $30 fee.    You can also request a tax transcript using Form 4506-T, which is generally processed within 10 business days.   You can view or download tax transcripts using your IRS Online Account.  If you don’t already have an account on IRS.gov, you can use this link to create an online account Online account for individuals.   Click here for Video: How to Recover Past Tax Returns Please return to Community if you have any additional information or questions and we would be happy to help.
BillM, It is for both, but the question TT asked is in the Federal section.
I entered a 2024 1099 form by mistake and the online version won't let me erase it.
Thank you MonikaK1!
You can look on the Unrecaptured Section 1250 Gain Worksheet on line 12 to see the depreciation portion of the gain. It will flow to Schedule D, line 19.
can you please provide my 2024 tax statements for download?
similar issue in MD, but slightly different. Not calculating the non-taxable interest from other states correctly. Considering it tax exempt in MD
It seems like the alternatives to these questions are:   1) If you are concerned in any way or for any reason that you sent in your return without the box checked, do what AndyPan suggested and sen... See more...
It seems like the alternatives to these questions are:   1) If you are concerned in any way or for any reason that you sent in your return without the box checked, do what AndyPan suggested and send an amended return with the language suggested, or   2) If you are not concerned for any reason just do as WonderberryJAM suggests and "let it ride" unless the IRS (or some other entity) comes back and asks you why you didn't check the box.   3) If you are really concerned ask a professional such as an accountant what to do or if you used TurboTax ask them what to do.   But I wouldn't listen to anyone who says that the EIC is the only reason you would have to check the box. The instructions from the IRS for form 1040 under the section "2025 Residency" say "If your main home, and your spouse's if filing a joint return, was in the United States for more than half of 2025, check the box. Answering this question will help the IRS determine your eligibility for certain tax benefits, including the earned income credit."   Note: "certain tax benefits, including the earned income credit."   Personally, when the IRS instructions tell me how to fill in their form, I follow their instructions.
Turbo Tax is not allowing me to E file because I have a Code G on line 13a of my schedule k-1 How am I to correct this? If I change it to Code A it will not match my Schedule K-1 from the accountant.
Sounds like the IRS made the correction for you. Look closely at the letter you received. It will indicate if you need to amend or not. I would guess you don't need to.
Although your first RMD is only due by April 2026, you can perfectly take it in 2025.   You should have received a form 1099-R for that withdrawal.   In TurboTax, on the form 1099-R for RMD w... See more...
Although your first RMD is only due by April 2026, you can perfectly take it in 2025.   You should have received a form 1099-R for that withdrawal.   In TurboTax, on the form 1099-R for RMD withdrawals, answer that The entire distribution was an RMD then on the following page, to the question What is the RMD for your account? enter the amount of the distribution from that IRA account.   By doing this, you are telling TurboTax that all RMDs are satisfied and TurboTax will not calculate any penalty. The information you entered in TurboTax is to enable TurboTax to calculate any penalty where applicable, and is not reported to the IRS