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I scheduled my tax payment for automatic debit from my bank account and it has not been processed. I'm concerned about it being late even though I filed on time.
You don't need to change that.   All you have to enter is the policy number, marketplace ID and the amounts in columns A, B, and C.   If you share the policy cost with someone else, you can indicate ... See more...
You don't need to change that.   All you have to enter is the policy number, marketplace ID and the amounts in columns A, B, and C.   If you share the policy cost with someone else, you can indicate that after you enter the 1095-A.       You and the other taxpayer you share the policy with can divide the costs how you both agree to.   You can claim 100% or they can or you can split in whatever way works out best for your tax families.   Where do I enter my 1095-A?
People often look at their taxable income instead of total household income. Take a look, you may have some nontaxable income that is pushing you over the limit such as social security.
presented where? - check Schedule D.  This will also include any cap gain distributions from funds on 1099-DIV, capital loss carryover from prior year if you have that.  You may have adjustments to g... See more...
presented where? - check Schedule D.  This will also include any cap gain distributions from funds on 1099-DIV, capital loss carryover from prior year if you have that.  You may have adjustments to gain/loss due to AMD which is reported on Schedule B.   it's not unheard of for issues in the import process if you used that (but still user responsibility to report on return correctly), or input errors, so you should definitely tie out the end result on Schedule D to your satisfaction.   if you have more details after looking further feel free to post further and maybe someone can help.
The sales tax is deductible.  There is nothing in the tax code that says you have to pay in full.  Even if the sales tax was rolled into the loan, the fact that you are obligated to pay it as part of... See more...
The sales tax is deductible.  There is nothing in the tax code that says you have to pay in full.  Even if the sales tax was rolled into the loan, the fact that you are obligated to pay it as part of the loan, means you can deduct it as sales tax (assuming you use the sales tax deduction.)
The message about "enrollmentstatus" typically refers not to health insurance coverage, but to there being a student on the return whose enrollment status needs to be verified in the Form 1098-T sect... See more...
The message about "enrollmentstatus" typically refers not to health insurance coverage, but to there being a student on the return whose enrollment status needs to be verified in the Form 1098-T section, or an issue with Form 1099-Q. The recommended solution is to delete the Form 1098-T and/or 1099-Q that has the error and enter the information again correctly.   Steps to Fix "Enrollment Status" Error (Online & Desktop):   Delete the Form/Worksheet: Navigate to the Tools center and select "Delete a form." Find and delete the "Person on the Return Worksheet" or any erroneous 1099-Q or 1098-T forms. Re-verify Personal Info: Go to the "Personal Info" section and edit your information to ensure student status questions are answered correctly (e.g., changing "Yes" to "No" if not a student). Check 529 Distribution (1099-Q): If you are using 529 funds for private K-12 education, the 1099-Q might cause this issue. Deleting the 1099-Q form, if the distribution is not taxable, often clears the error. See this help article for more information about entering Form 1098-T. See this tips article for more information about Form 1099-Q.  
If you had excess social security withheld due to having multiple jobs, TurboTax will automatically calculate the excess amount and enter it as a credit on Schedule 3 (Form 1040), line 11.  You don't... See more...
If you had excess social security withheld due to having multiple jobs, TurboTax will automatically calculate the excess amount and enter it as a credit on Schedule 3 (Form 1040), line 11.  You don't have to do anything. 
There is simply no way for Intuit to know that a payment is in process, that information is not shared with any software company, only you can get that information by calling the IRS (maybe).   I... See more...
There is simply no way for Intuit to know that a payment is in process, that information is not shared with any software company, only you can get that information by calling the IRS (maybe).   If you choose "pay from my bank account" and give a date, that is what goes through. That intention should be reported on the cover page when you print the PDF of your return package.  But it is only your instruction to the IRS that is passed through the tax software.  There is no guarantee the IRS will take the payment on the date you select, although they usually do.  (If you select the same date you file, there may be a few days delay while your return is processed.)   Assuming you transmitted the correct banking info with your tax return, then it is all up to the IRS.  The IRS does not share information about your tax payment with the software company. 
this won't help for this year but I use "send a check" option and don't provide any payment instructions via e-file, then just pay directly at irs.gov (which I have to do for Q1 ES anyway), IRS usual... See more...
this won't help for this year but I use "send a check" option and don't provide any payment instructions via e-file, then just pay directly at irs.gov (which I have to do for Q1 ES anyway), IRS usually debits my account that night so there is no mystery or waiting.
If you are reporting the sale of an inherited house that you and three siblings co-owned, then you should only report 25% of the proceeds and 25% of the cost basis.  You don't indicate anywhere that ... See more...
If you are reporting the sale of an inherited house that you and three siblings co-owned, then you should only report 25% of the proceeds and 25% of the cost basis.  You don't indicate anywhere that your siblings were co-owners.
This is second year in a row getting rejected because 1095-A form..my wife had health insurance on me .why would I go to marketplace
You need to download / save a copy of your return with all worksheets each year when you finish. A new loss should generate the 1116 and the IRS allows that loss for 10 years. It can be used when you... See more...
You need to download / save a copy of your return with all worksheets each year when you finish. A new loss should generate the 1116 and the IRS allows that loss for 10 years. It can be used when your property is profitable and /or you sell it.
Assuming you are referring to a Form 1095-C (rather than 1098-C which is for donating a car):   A "1h" indicator is typically found on Form 1095-C, part II, line 15, used by employers to report h... See more...
Assuming you are referring to a Form 1095-C (rather than 1098-C which is for donating a car):   A "1h" indicator is typically found on Form 1095-C, part II, line 15, used by employers to report health insurance coverage. A code "1H" in this section signifies that the employer did not offer minimum essential coverage, often indicating the employee was not employed or was in a waiting period.    A taxpayer should keep Form 1095-C with their tax records as proof of employer-offered health insurance, but it is not required to file a tax return. The form is used to verify coverage for all 12 months, which helps in preparing tax returns and determining eligibility for the Premium Tax Credit.   You don't need to do anything with Form 1095-C unless you also had Marketplace / ACA coverage and received a Form 1095-A, which would need to be entered on your return to determine if you were entitled to any Premium Tax Credit.   See this help article and this tax tips article for instructions on entering Form 1095-A, only if needed.  
@RHONDASMITH313 wrote: so whats probably wrong with your entries if your Real Estate losses do not reduce your capital gains? I answered this question in your other post.   Qualifying as a ... See more...
@RHONDASMITH313 wrote: so whats probably wrong with your entries if your Real Estate losses do not reduce your capital gains? I answered this question in your other post.   Qualifying as a Real Estate Professional is insufficient UNLESS you materially participate as a Real Estate Professional.
Whether you paid cash or financed the vehicle with a $4,000 down payment, or no down payment has no bearing.  You bought it.  You also happen to have a car loan, which is irrelevant as to whether or ... See more...
Whether you paid cash or financed the vehicle with a $4,000 down payment, or no down payment has no bearing.  You bought it.  You also happen to have a car loan, which is irrelevant as to whether or not it's a major purchase.  So yes, that can still be considered a major purchase.
When did you sign up?   It may have been too late to get the current year program.   Then you won’t get charged until next November when the 2026 tax program comes out for returns we file in 2027.   ... See more...
When did you sign up?   It may have been too late to get the current year program.   Then you won’t get charged until next November when the 2026 tax program comes out for returns we file in 2027.    Do you want to cancel?   You can sign into your Turbo Tax Advantage account and under Your Product, select to Remove Product.  Once you remove the recurring product order, the Turbo Tax Advantage subscription will be cancelled as well.   How to cancel Turbo Tax Advantage https://ttlc.intuit.com/community/downgrading/help/how-do-i-cancel-my-turbotax-advantage-subscription/00/25548  
Yes you can. You will get the option to file together at the start of the return.   You can login to TurboTax Canada TurboTax Do It Yourself (Online) 2023 here: https://ww1.2023.ca.turbotaxonline... See more...
Yes you can. You will get the option to file together at the start of the return.   You can login to TurboTax Canada TurboTax Do It Yourself (Online) 2023 here: https://ww1.2023.ca.turbotaxonline.intuit.com/   You can login to TurboTax Canada TurboTax Do It Yourself (Online) 2024 here: https://ww1.2024.ca.turbotaxonline.intuit.com/   You can login to TurboTax Canada TurboTax Do It Yourself (Online) 2025 here: https://ww1.2025.ca.turbotaxonline.intuit.com/  
You can get your Old age security (OAS), and Canada Pension Plan (CPP) slips from Service Canada. For the  Workers’ Compensation Board (WCB) slip, you would need to contact the WCB agency in your pro... See more...
You can get your Old age security (OAS), and Canada Pension Plan (CPP) slips from Service Canada. For the  Workers’ Compensation Board (WCB) slip, you would need to contact the WCB agency in your province. For example, in Alberta you can contact WCB Alberta: https://www.wcb.ab.ca/    
Two completely different entities.   The US Treasury takes longer.  The first page of your tax return PDF is the Filing instructions - that page will show the account and amount you have scheduled.  ... See more...
Two completely different entities.   The US Treasury takes longer.  The first page of your tax return PDF is the Filing instructions - that page will show the account and amount you have scheduled.   It normally takes the IRS a few days to take the  payment, but it is effective the date you scheduled it, and confirmed by your e-file acceptance receipt.     See the IRS FAQ page