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4 hours ago
Your 1098-T does not claim that you are able to be a dependent on someone else's tax returns. Back in the personal info section, you apparently checked the box saying you can be claimed as a depende...
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Your 1098-T does not claim that you are able to be a dependent on someone else's tax returns. Back in the personal info section, you apparently checked the box saying you can be claimed as a dependent. Go back and change that answer.
4 hours ago
2 Cheers
if that were true a lot of brokerages are breaking the law! 1099B and consolidated 1099s are due by mid February not 1/31 which will be a big hold up for a lot of people. I'm not doing anything ...
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if that were true a lot of brokerages are breaking the law! 1099B and consolidated 1099s are due by mid February not 1/31 which will be a big hold up for a lot of people. I'm not doing anything til end Feb, all this forms noise and issues should be stable by then - it's been clear since the initial release last year that this tax season would require some patience.
4 hours ago
Tried all this and same problem, 2 hours with Tech support and they are suggesting a refund as the best solution. So people, if it doesn't work, it won't ever work and you should simply request a ref...
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Tried all this and same problem, 2 hours with Tech support and they are suggesting a refund as the best solution. So people, if it doesn't work, it won't ever work and you should simply request a refund.
4 hours ago
Same problem, 2 hours with Tech support and they are suggesting a refund as the best solution. So people, if it doesn't work, it won't ever work and you should simply request a refung.
4 hours ago
Same problem, 2 hours with Tech support and they are suggesting a refund as the best solution. So people, if it doesn't work, it won't ever work and you should simply request a refung.
4 hours ago
No you must report the deduction for Home Mortgage Interest in the year it was paid, you cannot add it to a different tax year. You can, however, amend your 2024 tax return to claim the deduction. ...
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No you must report the deduction for Home Mortgage Interest in the year it was paid, you cannot add it to a different tax year. You can, however, amend your 2024 tax return to claim the deduction. See How do I amend my federal tax return for a prior year?
4 hours ago
Do not check the prompt that the aid was already on your W-2. When asked to enter the amount of tax free assistance, enter only the $5250. Do not enter the $892 anywhere.
Since you were taxe...
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Do not check the prompt that the aid was already on your W-2. When asked to enter the amount of tax free assistance, enter only the $5250. Do not enter the $892 anywhere.
Since you were taxed on that $892, it's not really employer assistance. It's you befog tax money and you may use it to claim the tuition credit.
4 hours ago
@jnfrench This was a response to your comment that "Many investment companies and banks don't have their 1099s available for import until sometime in February." I was simply pointing out that those ...
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@jnfrench This was a response to your comment that "Many investment companies and banks don't have their 1099s available for import until sometime in February." I was simply pointing out that those 1099s are in fact legally required to be ready by January 31st.
4 hours ago
There is no "update and delete" option.
4 hours ago
@tinesha @MaryK4 We moved to OK in 2023. I learned about the credit after submitting my 2024 taxes last year. I filed amended returns for both 2023 and 2024 and provided copies of diploma & tra...
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@tinesha @MaryK4 We moved to OK in 2023. I learned about the credit after submitting my 2024 taxes last year. I filed amended returns for both 2023 and 2024 and provided copies of diploma & transcript. We received refunds for both years. We file our own taxes electronically with TT, so wondering how to submit Form 564 with my state return. I think I'm going to have to file our state return by mail in order to include Form 564 with my return. Worth it for the credit.
4 hours ago
Did he give you a W2 or 1099NEC? If he gave you a 1099NEC or paid you in cash with no form you file it as self employment income. You need to fill out schedule C for self employment business in...
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Did he give you a W2 or 1099NEC? If he gave you a 1099NEC or paid you in cash with no form you file it as self employment income. You need to fill out schedule C for self employment business income and pay self employment tax in addition to regular income tax on it. The SE tax is to pay Social Security and Medicare tax that wasn't taken out like on a W2. You use your own name and ssn or business name and EIN if you have one. You should say you use the Cash Accounting Method and all income is at risk. After you put in your income and expenses if your net profit is $400 or more you will pay 15.3% for Self Employment tax in addition to your regular income tax. The Schedule SE will be automatically filled out for it. You can enter Self Employment Income into Online Deluxe but if you have any expenses you will have to upgrade to the Premium version. Or use any of the Desktop installed programs. All the Desktop programs have the same forms. You just get more help and guidance in the higher versions. How to enter income from Self Employment https://ttlc.intuit.com/community/self-employed/help/how-do-i-report-income-from-self-employment/00/... How to enter self employment expenses https://ttlc.intuit.com/community/entering-importing/help/where-do-i-enter-my-self-employment-business-expenses-like-home-office-vehicle-mileage-and-supplies/00/27109 Here is some IRS reading material…… IRS information on Self Employment http://www.irs.gov/Businesses/Small-Businesses-&-Self-Employed/Self-Employed-Individuals-Tax-Center Pulication 334, Tax Guide for Small Business http://www.irs.gov/pub/irs-pdf/p334.pdf
4 hours ago
For my Beneficiary IRA I did not withdraw a sufficient amount to meet my RMD for 2025. I found the error today Feb6, 2026. I filed out a form 5329T form and asked for a waiver. selected explanation ...
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For my Beneficiary IRA I did not withdraw a sufficient amount to meet my RMD for 2025. I found the error today Feb6, 2026. I filed out a form 5329T form and asked for a waiver. selected explanation button. When I entered text of the first line, it disappeared when I pressed <R+TAB> or Enter. Vary frustrating. No error message. Tried to get help from Intuit Person help[ didn't know . Tried to get me to an expert and got disconnected. Long wait time so I am posting it here.
4 hours ago
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4 hours ago
No do not efile if it has been mailed. That will confuse the IRS and delay a refund. Now you have to wait until the IRS finishes processing it and sends the original refund or she needs to pay th...
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No do not efile if it has been mailed. That will confuse the IRS and delay a refund. Now you have to wait until the IRS finishes processing it and sends the original refund or she needs to pay the tax due. Then you can amend.
4 hours ago
Thank you!! This used to be a simple right click. JoeFH
4 hours ago
You must add back the interest from the states outside of DC on the screen, Other Additions to Federal Income.
To get to this section of your state return, please follow the steps below:
O...
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You must add back the interest from the states outside of DC on the screen, Other Additions to Federal Income.
To get to this section of your state return, please follow the steps below:
Open your DC return.
On the screen, Items Taxed by DC, scroll down to Other DC additions to federal income.
Enter the description and amount that is taxable in DC on the screen, Other Additions to Federal Income.
This amount will flow to your DC Schedule I, Calculation A, line 9, in addition to your D-40 , Line 6.
4 hours ago
I'm having the same problem as others in this forum have mentioned. My return was rejected because of the 1095-A but after I fixed the error, it crashes when I try to re-send it. I use the desk top...
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I'm having the same problem as others in this forum have mentioned. My return was rejected because of the 1095-A but after I fixed the error, it crashes when I try to re-send it. I use the desk top version. Are you going to send out updates to correct this problem? Thanks,
4 hours ago
Topics:
4 hours ago
The choices I have are Stock Mutual funds, index fund, for ETF Bonds ...
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The choices I have are Stock Mutual funds, index fund, for ETF Bonds Option
4 hours ago
A lot of the information on your state tax return comes from your federal return. It's carried over and has to be edited on the federal return.
If you tell us what specific information it is...
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A lot of the information on your state tax return comes from your federal return. It's carried over and has to be edited on the federal return.
If you tell us what specific information it is that you are trying to edit we may be able to help you better.