All Posts

  Federal and state refunds come from completely separate entities,  There is no rule as to which one will come first or how much time there will be between their arrivals.  Some states process returns quickly and some are very slow.   STATE RETURN Make sure your state return was accepted:  https://turbotax.intuit.com/tax-tools/efile-status-lookup/   To track your state refund:       ttps://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-refund/track-state-refund/L3jgO8PGs_US_en_US?uid=lt447ebr https://ttlc.intuit.com/turbotax-support/en-us/help-article/state-taxes/contact-state-department-revenue/L9qVToi02_US_en_US?uid=m6e06um0

To check on regular tax refund status via automated phone, call 800-829-1954.   Federal and state refunds come from completely separate entities.  There is no rule as to which one will come in first or how long it will be between their arrival in your account.   TurboTax gives you an estimated date for receiving your refund based on a 21 day average from your date of acceptance, but it can take longer.  “21 days”  is not a promise from TurboTax or the IRS.      First, check your e-file status to see if your return was accepted:  https://turbotax.intuit.com/tax-tools/efile-status-lookup/   Once your federal return has been accepted by the IRS, only the IRS has any control.  TurboTax does not receive any updates from the IRS. Your ONLY source of information about your refund now is the IRS.     You need your filing status, your Social Security number and the exact amount  (line 35a of your 2025 Form 1040) of your federal refund to track your Federal refund:    https://www.irs.gov/refunds   To track your state refund:     https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-refund/track-state-refund/L3jgO8PGs_US_en_US?uid=lt447ebr   If you chose to have your TurboTax fees deducted from your federal refund, that will take some extra time, while the third party bank handles the refund processing     https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-refund/refunds-take-longer-others/L14YlqFrH_US_en_US?uid=lexdr7zh . https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-refund/irs-refund-taking-longer-21-days/L2vRAJbdU_US_en_US?uid=lexe7lst         If you are getting earned income credit on line 27 or additional child tax credit on line 28 You are subject to the delay required by the PATH act.  Do not expect your refund before early March   https://ttlc.intuit.com/turbotax-support/en-us/help-article/internal-revenue-service/federal-refunds-delayed-due-path-act/L5jnQJsBi_US_en_US   Note:  “Accepted” is not the same as “approved”.  TurboTax tells you the e-file was accepted if the IRS deems that there is enough information on the return for them to take it in for processing.   Only the IRS can approve of the refund, which is a later stage of processing.  If the IRS approves your refund they will provide a date for the refund to be issued.   FROM THE IRS WHERE’S MY REFUND SITE: https://www.irs.gov/wheres-my-refund How it works Where's My Refund shows your refund status: Return Received – We received your return and are processing it. Refund Approved – We approved your refund and are preparing to issue it by the date shown. Refund Sent – We sent the refund to your bank or to you in the mail. It may take 5 days for it to show in your bank account or several weeks for your check to arrive in the mail.      

I know the state matches the federal percentage, but if you have 3 or more kids, isn't there a $1,200 minimum floor on the PA Schedule DC? Even if our federal credit is lowered by our FSA, the state credit for families with 2+ kids shouldn't drop below $1,200?

If you paid for expert help, you were entitled to use that feature. You can request a refund for unused TurboTax Expert Help if you haven't filed yet, but it requires contacting customer support directly. If you have already paid for the service, the fee is generally considered non-refundable.   Except where otherwise specified, versions of TurboTax Online can be used at no cost up until the point that you submit payment. Once payment has been received, the product is considered to have been used to prepare your taxes, regardless of whether you print or electronically file your return, or if it's rejected. Submitting payment reflects your satisfaction with TurboTax Online preparation of your taxes, and is non-refundable. Refunds for TurboTax Online fees are generally available only in the following circumstances:   You accidentally selected and paid for the wrong state. You are seeing duplicate charges for the same product or service. Your filing was impacted by a known product defect that was unable to be fixed before your filing deadline. For more info, see How do I request a refund for my TurboTax product? Expert Assist must be removed prior to paying for TurboTax Online; see How do I remove TurboTax Expert Assist?  

Are you amending your return because you owe additional tax? If so, TurboTax often calculates an underpayment penalty (Form 2210) to estimate what you might owe, but it doesn't automatically add it to the amended return (Form 1040X) because the penalty is technically added to your tax liability by the IRS (or FTB) later and the form is only required to be included in the return if one or more boxes in Part II of the form applies.    If you saw the calculation of the penalty, you can submit payment for it or let the IRS/FTB bill you for it. You could also cause the form to be included in your return by requesting a waiver in the interview section.    If you want to force TurboTax to print the form by requesting a waiver, in TurboTax Online:   Open your tax return. Select Federal, then Other Tax Situations. Select Start or Update to the right of Underpayment penalties. You can trigger the waiver by answering Yes to Penalty Waivers. This will remove the penalty from your return, but it should also print the Form 2210. If you don't want to request a waiver, you can go back through the interview and change your choice. See this TurboTax tips article for more information about Form 2210. @amitlohia 

Did you purchase the Will Builder? I'm not sure you can purchase it after the fact, but you could call ARAG and see.    I'm Here is a FAQ: What's Will Builder by ARAG® in TurboTax?   When you purchase the Will Builder through TurboTax, you will receive an email from ARAG with the next steps. Please check your spam folder if they didn't receive it in your inbox.   If you have additional questions, reach out to ARAG directly. Here's their Contact Us page for assistance.

The calculations are all correct.     The $100 appears to be the donations made to the various causes from form I-330.   Your SC tax on line 10 comes from the SC tax table and matches what is on the tax table Your solar credit carry forward as per SC rules is 1/2 of your tax and is showing on line 13 of your SC-1040 Your withholdings are $320 less than your tax liability which is where the $320 comes from   Then on line 28, $100 is listed for total contributions from I-330, this increased your amount due to $420.     It appears as though the state is refunding your $100 for contributions.    You would need to contact them to see why. 

Once your return is filed, TurboTax has no control over the processing or the timing when the IRS releases your refund.    Your refund could be offset. The IRS and State Governments have the ability to offset a refund to pay for certain past due debts.  You generally will receive a letter stating what the offset was for.    The IRS provides a toll-free number, (800) 304-3107, to call for information about tax offsets.   Here are a few FAQs to help you track your refund: When will I get my federal tax refund? How do I track my state refund? Why does Where's My Refund say "approved" but TurboTax still says "accepted"? Why do some refunds take longer than others? What if my IRS refund is taking longer than 21 days?

A non-passive loss carryover from Schedule K-1 would be entered in TurboTax during the Schedule K-1 interview.  Open your return and navigate to the list of K-1s in your return. Choose "Partnerships" and the K-1 you need to work on. Follow the interview and look for the page "Describe the Partnership" and check the box for "I have at-risk losses carrying over from 20XX." Continue to the page "Enter your at-risk carryovers..." with an embedded worksheet for Schedule K-1 At-Risk Limitations Allocation.  Enter your loss carryovers as negative numbers on the appropriate line from Form 6198 (if you have one).  On a subsequent page, you'll also see a table by year to allow you to report each year separately. Your entries must total to the amount you previously entered. Continue back to the list of K-1s to save your entries.

Despite the current glitches, TurboTax (TT) can handle the situation where the beneficiary is not a dependent and has no educational expenses.    Enter the 1099-Q.  When asked who the beneficiary is, answer "Someone else". Enter the beneficiary's name when asked who the student is (even though there is no actual student). Click continue at the 1099-Q summary screen. Click the edit (pencil) symbol at the "Nondependent student information summary" screen.  You can leave the "school attendance" screen blank (or check anything, e.g. "college"). You will finally get an "Expenses" screen. Leave it blank (or enter 0 at tuition & enrollment fees).   The taxable amount (box 2 of the 1099-Q) will go on line 8z of schedule 1 with the notation "Qual state (or private) tuition prgm from 1099-Q". The 10% penalty goes on line 8 of form 5329.

Tho technically correct, the answer is misleading.  You CAN use QCD to reduce your taxes (if you are 70 1/2 or older): * Say you are withdrawing $50,000/year from pre-tax IRA for living expenses * Say you contribute $5000/year to a charity * You are paying, assuming 20% income tax bracket, $1000 tax on that $5000 of your withdrawals that went to a charity * IF, instead, you withdraw $45,000/year for living, and do a QCD to your charity, you have saved the $1000 in taxes that you would have otherwise paid on that extra $5000.

You would not include them on your 2025 taxes, but if you made a profit on the sale, you will report this sale on your 2026 return and you should make an estimated payment by June 15th to cover the    As to how much you will have to pay, depends on how long you held the property, your other income, your tax bracket and your profit.     You can use the IRS Tax Withholding Estimator to help you determine how much you should pay.