All Posts
yesterday
The problem I’m having is that the refund calculator is not starting over at $0. It is starting at what I paid. Then when I update only the sections I need, the refund calculator decreases the amount...
See more...
The problem I’m having is that the refund calculator is not starting over at $0. It is starting at what I paid. Then when I update only the sections I need, the refund calculator decreases the amount it says I owe, but once I finish editing all the sections I need and try to submit the refund calculator says I still owe money even though I paid the full amount last year and the refund calculator should so a refund amount that is owed back to me.
yesterday
Thank you so much for taking the time to respond. The way I worked around this issue in TTax is exactly how you suggested, that is I reduced the basis of Brick and Mortar portion of the property by...
See more...
Thank you so much for taking the time to respond. The way I worked around this issue in TTax is exactly how you suggested, that is I reduced the basis of Brick and Mortar portion of the property by the amount that I am adding as a 7yr depreciable property, such that my overall cost basis remained equal to the purchase value - land value. Thank you for the heads up on the depreciation recapture. That recapture will attract ordinary income tax whether I use Sec179 or SDA , right ? thanks once again. Rakesh
yesterday
I actually paid my 4th quarter in December. I am always afraid I will forget about in January.
yesterday
! If you retired after age 62 or became disabled in the tax year (and had reasonable cause for the underpayment), you can indeed request a waiver. Deleting the forms using:
Online: see How do I vi...
See more...
! If you retired after age 62 or became disabled in the tax year (and had reasonable cause for the underpayment), you can indeed request a waiver. Deleting the forms using:
Online: see How do I view and delete forms in TTO?
Desktop: If you are working in the cd/download TurboTax program:
On the top right, there is a FORMS button.
Click on FORMS.
Locate the form you want to delete.
Click on the form name.
Below the form, bottom left, select DELETE FORM button.
California's Form 5805 is notoriously "sticky." If it reappears after you delete it, it’s usually because a box is still checked in the interview.
Go to the State Taxes tab.
Navigate to the Underpayment Penalty section for California.
Make sure you select the option that says "I want the Franchise Tax Board to calculate my penalty and send me a bill" (if applicable). By choosing this, TurboTax stops trying to generate the form itself, and since you don't owe anything, the FTB simply won't send a bill.
yesterday
Can I get fix where I left off filing
Topics:
yesterday
yes
yesterday
As I chose to pay my federal tax by credit card later, I selected "Pay by Check later" when I e-filed my 2025 tax return through TurboTax Online. After e-File, I saw following message. Clicking on ...
See more...
As I chose to pay my federal tax by credit card later, I selected "Pay by Check later" when I e-filed my 2025 tax return through TurboTax Online. After e-File, I saw following message. Clicking on the "Print Forms" button, I saw 1040-V. Given my plan is to pay by credit card online, I believe I can ignore this 1040-V? You've e-filed, but don't forget to mail in these forms Important:Don't skip this step! Even though you e-filed, the government requires you to print and mail these forms to complete your return Print Forms
Topics:
yesterday
@marie2023 For some mysterious reason, my latest post on this topic does not appear here. Was it removed by someone? Forum censorship ? Don't know but here it is again, for reference. In a nutshell,...
See more...
@marie2023 For some mysterious reason, my latest post on this topic does not appear here. Was it removed by someone? Forum censorship ? Don't know but here it is again, for reference. In a nutshell, it seems the relevant TurboTax engineering team is informing The Office of The [Intuit] President, and all of us that the software behaves exactly as designed / as implemented (duh...), that this behaviour is intentional and they have no plan or intent to change it or make it more intelligent / user friendly. I am thoroughly disappointed, especially as a veteran software engineer, I know for sure it can be improved, given correct management directives. Here FYI is the - second - Intuit email I received. ============================ Hello Gershon, I am reaching out to you on behalf of Intuit’s Office of the President to provide an update regarding the technical inquiry we have been conducting. I'm sorry that I wasn't able to catch you this morning to discuss our findings. I want to start by thanking you again for your collaboration and for providing the diagnostic data that allowed our development team to take a deeper look into the behavior you described. Our developers were able to successfully replicate the experience you shared; however, after a thorough review of the system architecture, they have confirmed that the product is behaving exactly as designed. While I understand this behavior can be frustrating, it is an intentional product feature rather than a technical bug. This specific logic was implemented as a safeguard to avoid duplicate submissions, which historically caused much more significant data integrity issues for our users. Because this safeguard is vital to the stability of the import process, there are no plans to change this functionality for the foreseeable future. I want to sincerely apologize for any inconvenience this has caused or may continue to cause you. We truly value the technical perspective you provided throughout this process, and your feedback has been documented for our product teams to consider for future iterations. Since we have concluded our investigation into these concerns, we will be closing your case at this time. If you have any other questions or concerns, visit the Intuit support website. We have resources, frequently asked questions, and experts standing by to help. Thank you for being an Intuit customer. Warm regards,
yesterday
I don’t understand why I’m missing a form when I answered everything and it says it was filed.
yesterday
I agree with opening post that TurboTax interview is way too vague on this topic. Thanks @ThomasM125 for clearly reinforcing what the pop-up answer in tax interview explains and, better yet, for add...
See more...
I agree with opening post that TurboTax interview is way too vague on this topic. Thanks @ThomasM125 for clearly reinforcing what the pop-up answer in tax interview explains and, better yet, for adding the solution to make proper entries. SUGGESTION FOR TY2026 IMPROVEMENT: If TT set 2025 interview with better up-front questions or programming, that would've avoided confusion. For instance, list non-tax states in interview and specify corresponding instructions right here.
yesterday
I'm having this same issue. Ever since a Turbo Tax update a few weeks ago. I keep waiting for TT to make a new update that fixes it, but nothing yet. Almost time to file, so please hurry.
yesterday
I don’t see a form that says 5120 but the electronic postmark states in one of the sections “Your Detroit return shows no tax due or refund. Do not mail a paper copy of Detroit Form 5120. Since you f...
See more...
I don’t see a form that says 5120 but the electronic postmark states in one of the sections “Your Detroit return shows no tax due or refund. Do not mail a paper copy of Detroit Form 5120. Since you filed electronically, the Michigan Department of Treasury already has your return”. Also, in the worksheets, it shows that I answered questions about city resident status, etc.
yesterday
not all issuers make the form available in electronic format, so it can be imported into TurboTax. In these cases it must be entered manually.
yesterday
Unless you are MFS are required to take the standard, or have high income, itemizing would be better and the $40k should be itemized.
High income:
The Income Phase-out: The new $40,000 S...
See more...
Unless you are MFS are required to take the standard, or have high income, itemizing would be better and the $40k should be itemized.
High income:
The Income Phase-out: The new $40,000 SALT cap begins to "phase out" if your Modified Adjusted Gross Income (MAGI) is over $500,000 (joint) or $250,000 (single). For every dollar over that limit, the cap is reduced by 30 cents. If your income is high enough, your allowed deduction could be pushed back down toward the old $10,000 floor.
The 35% cap: For taxpayers in the highest tax bracket (37%), the value of itemized deductions is now effectively capped at 35%. This can sometimes tip the scales back toward the standard deduction depending on your other expenses.
If you should be itemizing, go back through and check that the "I want to take the standard deduction box" is not checked.
For TurboTax Online
Open your return and go to Federal > Deductions & Credits.
Scroll to the very bottom and select Done with Deductions or Continue.
Keep clicking Continue.
Eventually, you will reach a screen titled: "The Standard [or Itemized] Deduction is Right for You!"
On this screen, look for a link or button that says "Change my deduction."
A pop-up will appear showing the dollar amounts for both. Select Itemized deductions and click Continue.
For TurboTax Desktop (Windows/Mac)
Switch to "Forms Mode"
In the list of forms on the left, find and click on Info Wks (Federal Information Worksheet).
Scroll down to Part VI - Additional Information for your Federal Return.
Look for the section labeled Standard Deduction/Itemized Deductions.
Check the box that says "Itemized deductions even if they are lower than the standard deduction."
Click Step-by-Step at the top right to return to the main interface.
yesterday
@NM1 Ah yes, after doing more research to confirm, I can see that I was incorrect in my original post. Thank you for the information and for correcting me!
yesterday
Did you get your question answered about the Schedule H? My initial question is why did payroll provide you with a Sched-H unless you requested the form? The schedule H is for in-home employment (s...
See more...
Did you get your question answered about the Schedule H? My initial question is why did payroll provide you with a Sched-H unless you requested the form? The schedule H is for in-home employment (such as hiring a nanny, care provider, etc.) I file the Sched-H every year, because I pay someone to care for my special needs adult son. I can probably answer your questions if you still need assistance.
yesterday
Update: Robinhood got back to me and said that they are right and I'm wrong ! ?! ?!
yesterday
Did you sign onto the 2025 online account using the exact same User ID used to create the 2024 online account?
See this TurboTax support FAQ for how to view all of your TurboTax accounts - https://...
See more...
Did you sign onto the 2025 online account using the exact same User ID used to create the 2024 online account?
See this TurboTax support FAQ for how to view all of your TurboTax accounts - https://ttlc.intuit.com/turbotax-support/en-us/help-article/account-management/many-intuit-accounts-turbotax/L9aVfKS1Z_US_en_US?uid=ll5g6zcx
yesterday
Topics: