All Posts
10 hours ago
If she does not provide over one-half of her own support then you should be able to claim her as a dependent under the Qualifying Child rules if she meets all the requirements under the rules.
...
See more...
If she does not provide over one-half of her own support then you should be able to claim her as a dependent under the Qualifying Child rules if she meets all the requirements under the rules.
To be a Qualifying Child -
1. The child must be your son, daughter, stepchild, foster child, brother, sister, half brother, half sister, stepbrother, stepsister, or a descendant of any of them. 2. The child must be (a) under age 19 at the end of the year, (b) under age 24 at the end of the year and a full-time student or (c) any age and permanently and totally disabled. 3. The child must have lived with you for more than half of the year. Temporary absences while away at college are considered living with you. 4. The child must not have provided more than half of his or her own support for the year. 5. If the child meets the rules to be a qualifying child of more than one person, you must be the person entitled to claim the child as a qualifying child. 6. The child must be a U.S. citizen or U.S., Canada or Mexico resident for some portion of the year. 7. The child must be younger than you unless disabled.
10 hours ago
What is the reject code or message? There can be many reasons, and our crystal ball is permanently broken
10 hours ago
Si desea cancelar el proceso, se puede pedir reembolso aqui dentro de los 60 dias posteriores a la compra.
10 hours ago
the ques to get an hsa you must have been covered by an hdhp first - need clarity as this was through former employer?
Topics:
10 hours ago
Is this a grantor trust *who is 'we")? Are the logged trees an investment or a business?
10 hours ago
Line 18 on the 2555 form is a bit confusing. Turbo Tax does not appear to calculate the "days present in country" based on the date ranges entered for time spent out of the tax home. Nor does...
See more...
Line 18 on the 2555 form is a bit confusing. Turbo Tax does not appear to calculate the "days present in country" based on the date ranges entered for time spent out of the tax home. Nor does it appear to validate whether the # days disqualifies the user for the physical presence test. For example, I entered a three month date range within my 12 month period, and specified "days present in country" as 300. Turbo Tax shows no errors for the return. Additionally, for the same twelve month period, it's not clear what the "left" date should be if I arrive in the foreign country on 12/01/2025 and leave on 01/31/2026. The number of days in the country would seem to be 62, which might then fail the physical presence test calculation, even though only 31 of the days are within the twelve month period. These seem like mechanical calculations that should trigger an error, unless this section is treated as supporting information and not validated by the IRS programs. I can likely avoid this problem by shifting the twelve month period, but that seems like a "work around".
Topics:
10 hours ago
Topics:
10 hours ago
I was audited in 2021 now I owe s large penalty after doing my taxes with turbo tax online pre populated questioner
Topics:
10 hours ago
2 Cheers
You can safely delete them after closing TurboTax. They are temporary files created by the program.
10 hours ago
There are two critical questions here: 1) Is this a grantor trust *who is 'we")? 2) Are the logged trees an investment or a business?
10 hours ago
have you completed entering everything for your return? If not, AGI can be increased for some items until the proper form or schedule is completed. This forum has no access to your 1040
1) review a...
See more...
have you completed entering everything for your return? If not, AGI can be increased for some items until the proper form or schedule is completed. This forum has no access to your 1040
1) review all your entries, sometimes it's a misplaced decimal point.
2) make sure all TurboTax sections are completed
3) have you done a final review, that may indicate where there are issues
3) if you can't find it, you'll need to contact support to allow them to see your return. There may be a fee if you are using the free edition of online
10 hours ago
On your Schedule Line 17, is the amount greater than the Standard Deduction for your filing status?
Standard deductions for 2025
Single - $15.750 add $2,000 if age 65 or older Married Filing...
See more...
On your Schedule Line 17, is the amount greater than the Standard Deduction for your filing status?
Standard deductions for 2025
Single - $15.750 add $2,000 if age 65 or older Married Filing Separately - $15,750 add $1,600 if age 65 or older Married Filing Jointly - $31,500 add $1,600 for each spouse age 65 or older Head of Household - $23,625 add $2,000 if age 65 or older
Only your total medical expenses that are greater than 7.5% of your Adjusted Gross Income (AGI) can be deducted.
The SALT limit on Schedule A is $40,000 ($20,000 if filing as MFS) - State and Local Income Taxes, State and Local Sales taxes, State and Local Real Estate Taxes, State and Local Personal Property Taxes
10 hours ago
@budsara1 wrote: I decided to go with reporting as miscellaneous income so that I could include additional details about the source. That would be correct, in my opinion, as it's the only way t...
See more...
@budsara1 wrote: I decided to go with reporting as miscellaneous income so that I could include additional details about the source. That would be correct, in my opinion, as it's the only way to flag the income as IRD.
10 hours ago
i graduated may 2025 and i received a 1098-T from my university but i’m having difficulty inputting the numbers correctly on TurboTax. all of my tuition was payed for with scholarships with some ext...
See more...
i graduated may 2025 and i received a 1098-T from my university but i’m having difficulty inputting the numbers correctly on TurboTax. all of my tuition was payed for with scholarships with some extra given to me as a refund. according to my bursar, “all of my tuition charges for my spring 2025 semester were made in the tax year 2024. all payments were made in January, so that went into the tax year 2025.” because of this, on my 2025 1098-T, Box 1 is put as $0.00 and Box 5 is around $8k (scholarship for that semester) however, because the tuition charges were not reported for 2025 on the 1098-T, TurboTax is automatically claiming my $8k in scholarships as income. Box 7 is not checked on my 2024 1098-T. how do i file the numbers correctly so that i am reporting that i received $2k as refund as income, but $6k of the $8k scholarship was tuition that was paid? is there a way on TurboTax to do this?
Topics:
10 hours ago
Delete the Form 5695
Click on Tax Tools on the left side of the online program screen
Click on Tools
Click on Delete a form
Note - There may be multiple pages of your tax return forms...
See more...
Delete the Form 5695
Click on Tax Tools on the left side of the online program screen
Click on Tools
Click on Delete a form
Note - There may be multiple pages of your tax return forms and schedules so click on the page number or right arrow (>) shown at the bottom of the federal tax return forms.
10 hours ago
DianeW777, Thank you for the detailed and quick response. I also appreciate your comments on how the IRS will view it. I don't know how they can possibly keep up with all the minutia of our tax sy...
See more...
DianeW777, Thank you for the detailed and quick response. I also appreciate your comments on how the IRS will view it. I don't know how they can possibly keep up with all the minutia of our tax system. I decided to go with reporting as miscellaneous income so that I could include additional details about the source. Best regards.
10 hours ago
On Windows 11 PC, in Windows File Explorer, many of my TurboTax files have a tilde at the beginning of the file name. Here's an example: ~2024 Name X Form 1040 Individual Tax Return. Can I delete ...
See more...
On Windows 11 PC, in Windows File Explorer, many of my TurboTax files have a tilde at the beginning of the file name. Here's an example: ~2024 Name X Form 1040 Individual Tax Return. Can I delete these files?
Topics:
10 hours ago
Is this amount my employer already calculated as over time premium amount and i should deduct full amount? On turbo tax after i uploaded w-2 in part XI - DEDUCTIBLE OVERTIME : 14a) were you exe...
See more...
Is this amount my employer already calculated as over time premium amount and i should deduct full amount? On turbo tax after i uploaded w-2 in part XI - DEDUCTIBLE OVERTIME : 14a) were you exempt employee ? i was hourly so i answered NO b) is this qualified over time premium amount )i.e, only 50% premium) ? i answered YES IF no is this the entire amount of qualified overtime paid at 150% ? I answered NO and full amount from box 14 on w-2 came out as qualified amount for schedule 1A as full deduction. DID i answer those questions correctly?
10 hours ago
I first selected Yes but I need to change this to No and remove from filing.
Topics: