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yesterday
It depends on your situation. If your filing as single, then it would be more beneficial to itemize since the standard deduction for single filers is $15,750. If your filing status is head of house...
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It depends on your situation. If your filing as single, then it would be more beneficial to itemize since the standard deduction for single filers is $15,750. If your filing status is head of house hold or married filing jointly, then it would be more beneficial to take the standard deduction. To do so:
Go to the Deductions and credits summary
scroll down and press continue
Answer a few questions until you get to the Standard vs Itemized comparison screen.
There you will be able to manually choose what deduction you want to take.
yesterday
If your business reports on a calendar year and you were unable to submit an extension by midnight April 15, 2026, you should file as soon as possible. You should at least pay the taxes you think you...
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If your business reports on a calendar year and you were unable to submit an extension by midnight April 15, 2026, you should file as soon as possible. You should at least pay the taxes you think you'll owe now. Is it possible this is a Single-Member LLC? If so, your personal extension would cover the business as well. Note that you can file a business extension at our Easy Extension website or from within TurboTax Business on or before April 15, 2026. For more information, see Did You File Taxes Late? Here's What You Need To Know
yesterday
I HAVE USEFUL INFORMATION!!! DO NOT SUBMIT WITHOUT READING! I too was about to throw my laptop out the window when I decided to call Turbo Tax's helpline and put on my angry tone. I explained the...
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I HAVE USEFUL INFORMATION!!! DO NOT SUBMIT WITHOUT READING! I too was about to throw my laptop out the window when I decided to call Turbo Tax's helpline and put on my angry tone. I explained the situation and after initially seeming like they couldn't help me, they offered me a 20% discount. Then, when I followed the code they email med, it actually reduced my price from $200 to $50! I am so so so relieved.
yesterday
I believe you may need to link a Form 1099-NEC entry to a self-employment business entry. If so, return to where you entered the Form 1099-NEC, in the Wages and Income section, then Other Common Inco...
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I believe you may need to link a Form 1099-NEC entry to a self-employment business entry. If so, return to where you entered the Form 1099-NEC, in the Wages and Income section, then Other Common Income, then Income from Form 1099-NEC. Edit your entry there and you will come to a screen that says What type of work earned this income? On that screen, you can choose a self-employment business that is already set up or set up a new business by choosing "add a new line of work."
yesterday
TurboTax correctly calculates Additional Medicare Tax on Form 8959 based on your entries of Forms W-2 and self-employment income, then includes the result on Schedule 2 line 11. If Medicare tax with...
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TurboTax correctly calculates Additional Medicare Tax on Form 8959 based on your entries of Forms W-2 and self-employment income, then includes the result on Schedule 2 line 11. If Medicare tax withholding shown on your Forms W-2 was more than 1.45%, the amount in excess of 1.45% is credited back on Form 1040 line 5c.
yesterday
Depending on your tax liability, it is possible that you would still owe taxes even if you received the credit. The credit for the used EV is limited to $4,000. If you received it and you had a tax...
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Depending on your tax liability, it is possible that you would still owe taxes even if you received the credit. The credit for the used EV is limited to $4,000. If you received it and you had a tax liability of $6,000, you would still owe $2,000.
yesterday
Puedes añadir tu PIN de Protección de Identidad (IP PIN) de 6 dígitos del IRS en TurboTax para ayudar a prevenir el robo de identidad relacionado con impuestos.Aquí te mostramos cómo ingresar el IP P...
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Puedes añadir tu PIN de Protección de Identidad (IP PIN) de 6 dígitos del IRS en TurboTax para ayudar a prevenir el robo de identidad relacionado con impuestos.Aquí te mostramos cómo ingresar el IP PIN en TurboTax Online:
Ve a la sección Federal.
Selecciona Otras Situaciones Fiscales (Other Tax Situations).
Busca y selecciona PIN de Protección de Identidad (Identity Protection PIN).
Elige Comenzar o Actualizar (Start or Update) junto a la sección de IP PIN.
Responde "Sí" cuando se te pregunte si tienes un IP PIN.
Ingresa tu IP PIN de 6 dígitos en el espacio provisto.
Dónde obtener tu IP PIN:
El IRS emite IP PINs a personas que son víctimas confirmadas de robo de identidad relacionado con impuestos.
Puedes optar por el programa de IP PIN del IRS visitando la herramienta [Get an IP PIN tool] en línea.
Si perdiste tu carta de IP PIN, puedes recuperarlo nuevamente del sitio web del IRS.
Ten en cuenta que TurboTax no puede emitir IP PINs; solo acepta el número que obtienes del IRS.
yesterday
If you have a passive loss carryover from the previous year, you may need to enter that as a negative number. Otherwise, you should be able to enter $0 for the amount.
yesterday
The IRS/States is currently processing a high volume of e-filed returns, so it can take several days for your payments to go through. The IRS/States may debit the payment after the deadline. Also...
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The IRS/States is currently processing a high volume of e-filed returns, so it can take several days for your payments to go through. The IRS/States may debit the payment after the deadline. Also, it can take the banks another few days to post the debit to your account. As long as you filed you return or extension on or before April 15, 2026, and you selected April 15, 2026, or earlier as your payment date, you won't get penalized for late payment. If you don't see the debit in your bank account 7–10 days after their return has been accepted, call the IRS e-file Payment Services at 888-353-4537 or contact your state tax agency.
How do I contact my state Department of Revenue?
yesterday
This is a known issue in TurboTax that is expected to be resolved by April 19, 2026.
In the meantime, have you tried deleting the Schedule E asset with the form error? You should be able to re-...
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This is a known issue in TurboTax that is expected to be resolved by April 19, 2026.
In the meantime, have you tried deleting the Schedule E asset with the form error? You should be able to re-enter the asset using your asset entry worksheet from last year and possibly resolve the issue preventing you from filing your return.
yesterday
When you do your Arizona state tax return, you will see an option for taxes paid to another state. Complete that section and the tax you pay to Montana will be subtracted from your Arizona tax.
yesterday
From TT's Unsupported Calculations: If there is passive category income that is treated as general category income because it is high taxed (HTKO), you must read the IRS Form 1116 instructions fo...
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From TT's Unsupported Calculations: If there is passive category income that is treated as general category income because it is high taxed (HTKO), you must read the IRS Form 1116 instructions for line i and lines 2-5 and 13 on how to enter this income and the related foreign tax. Amounts automatically calculated on these lines must be overridden. The demo is limited to using the standard deduction.
yesterday
"the "taxable amount" in box 2a should be listed as "taxable" on line 5b on the 1040!" If your 401(k) had basis in after-tax contributions and direct rollovers paid to the traditional and Roth IR...
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"the "taxable amount" in box 2a should be listed as "taxable" on line 5b on the 1040!" If your 401(k) had basis in after-tax contributions and direct rollovers paid to the traditional and Roth IRAs were scheduled to be made at the same time, the taxpayer is permitted to select how the pre-tax portion is allocated between the traditional and Roth accounts. TurboTax cannot automatically split the rollovers without the additional information from the taxpayer indicating how to split the gross amount and the taxable amount between the rollovers. TurboTax obtains this additional information by requiring the user to enter each of the rollovers as a separate Form 1099-R. This is not a bug, it's a design choice intended to avoid an overly complicated user interface that would serve to confuse most users because most user's code-G Forms 1099-R report rollovers only to a single destination. For a distribution reported with code G that was split between traditional and Roth accounts to be taxable to the extent shown in box 2a of the Form 1099-R, you could not have nay after-tax basis in the plan from which the distribution was made. If your Form 1099-R shows $0 in box 5, TurboTax could infer that the amount shown in box 2a went to a Roth IRA and and the rest when to a traditional IRA, but does not, and instead produces an incorrect amount on Form 1040 line 5b. However, given that TurboTax already requires splitting the From 1099-R into two when the distribution includes after tax basis, it's not unreasonable that TurboTax would require that any Form 1099-R that shows a split rollover be split into two for proper reporting. An alternative to splitting the Form 1099-R in this case would be to change the code to 2 or 7.
yesterday
You can delete the unwanted form 1099-K as follows:
1. Choose the Tax Tools option on your left menu bar while working on your return
2. Choose Tools
3. Choose the Delete a form option unde...
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You can delete the unwanted form 1099-K as follows:
1. Choose the Tax Tools option on your left menu bar while working on your return
2. Choose Tools
3. Choose the Delete a form option under Other Helpful links
4. Find the Form 1099-K in the list and delete it
yesterday
If the IRS gave you a deposit date of April 6, 2026 and you still don’t have it, a few common issues could be:
Bank account information was incorrect
There was an offset for debts (studen...
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If the IRS gave you a deposit date of April 6, 2026 and you still don’t have it, a few common issues could be:
Bank account information was incorrect
There was an offset for debts (student loan, taxes, child support, etc)
You can contact the IRS directly for more information.
yesterday
First, it sounds like something got stuck. You can try these things below. Then when you open your return, go to the My Information tab and check the box that someone is claiming you. You can then re...
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First, it sounds like something got stuck. You can try these things below. Then when you open your return, go to the My Information tab and check the box that someone is claiming you. You can then resubmit the efile.
Log Out Completely: Before doing anything else, click Sign Out in the TurboTax menu.
Clear Cache and Cookies: This removes old, "corrupted" data that might be confusing the website.
Use an Incognito (Private) Window: This is the most effective "quick fix" because it launches the browser without any saved history or extensions (like AdBlockers) that often interfere with tax forms.
Check Pop-up Blockers: TurboTax often opens forms (like the 1099 PDF) or payment windows in a separate pop-up. Look at the right side of your address bar for a small icon with a "red X"—click it and select "Always allow pop-ups from Intuit."
Restart the Browser: Close all open windows of your browser entirely and then reopen it.
Most TurboTax errors happen because the browser is trying to use an old "session" from a previous visit. By clearing the cache or using Incognito mode, you force the browser to establish a brand-new, secure connection with the Intuit servers.
yesterday
Para recuperar una copia de tu declaración de impuestos de 2024 en TurboTax, sigue estos pasos: 1. En TurboTax, ve a Tus declaraciones y documentos fiscales y selecciona el año 2024. 2. Descarga ...
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Para recuperar una copia de tu declaración de impuestos de 2024 en TurboTax, sigue estos pasos: 1. En TurboTax, ve a Tus declaraciones y documentos fiscales y selecciona el año 2024. 2. Descarga o imprime tu declaración en formato PDF. Además, puedes obtener una copia de tu declaración de estas formas: Solicitar una transcripción gratuita en línea o por correo: La transcripción muestra la mayoría de los datos de tu declaración y está disponible para los últimos cuatro años fiscales sin costo. Enviar el Formulario 4506 al IRS: Esto es para obtener una copia oficial completa de tu declaración. La copia oficial cuesta $50 y puede tardar varias semanas en llegar. Estas opciones te permiten tener acceso a tu información fiscal incluso si no puedes acceder a TurboTax directamente.
yesterday
Here is a link to contact Turbo Tax Customer Service.
yesterday
After you enter the Form 1099-MISC you will see questions used to determine how the income is treated. When asked, you need to indicate that you did not have a profit motive for the income, it was no...
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After you enter the Form 1099-MISC you will see questions used to determine how the income is treated. When asked, you need to indicate that you did not have a profit motive for the income, it was not associated with your main job and you only received the income in the current year. That way the income will not be treated as self-employment income and the Schedule C will not be created.