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yesterday
Yes, a taxable grant reported on a 1099-G for a child is generally considered to be unearned income. If his total unearned income is more than $2,700 he will be required to file a tax return and att...
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Yes, a taxable grant reported on a 1099-G for a child is generally considered to be unearned income. If his total unearned income is more than $2,700 he will be required to file a tax return and attach a Form 8615 (Kiddie Tax) to calculate the tax at your higher tax rate.
What's the Kiddie Tax?
What is IRS Form 8615: Tax for Certain Children Who Have Unearned Income
Please return to Community if you have any additional information or questions and we would be happy to help.
yesterday
@user17754198869 Why did you select to have the TurboTax fees paid from the federal tax refund when the service charge of $40 for this option was clearly shown?
yesterday
I will be converting IRA to Roth in 2026, so how do I calcualte while I file taxes for 2025 what will be estimated taxes I should pay in 4 quarters of 2026?
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yesterday
In Washington state so I think it's full step up value.
yesterday
I quit Turbotax (I had to force quit) and that was the answer for my Mac. On another note if you take a photo of your W2. You will have to convert it to a PDF by right clicking. Enjoy.
yesterday
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Follow these steps to update and print next year's estimated tax vouchers (Form 1040-ES) :
Open or continue your return.
Navigate to the 1040-ES section:
TurboTax Online/Mobile...
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Follow these steps to update and print next year's estimated tax vouchers (Form 1040-ES) :
Open or continue your return.
Navigate to the 1040-ES section:
TurboTax Online/Mobile: Go to the 1040-ES screen under Other Tax Situations.
TurboTax Desktop: Search for 1040-es and select the Jump to link or,
Go to Federal Taxes.
Go to Other Tax Situations.
Under Other Tax Forms, select Start or Update next to Form W-4 and estimated taxes.
yesterday
For a capital loss carryover -
Click on Federal Taxes (Personal using Home and Business) Click on Wages and Income (Personal Income using Home and Business) Click on I'll choose what I work on (i...
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For a capital loss carryover -
Click on Federal Taxes (Personal using Home and Business) Click on Wages and Income (Personal Income using Home and Business) Click on I'll choose what I work on (if shown) Under Investment Income On Capital Loss Carryover, click the start or update button
yesterday
HI, appreciate the suggested fix. I followed it closely and resubmitted. It didn't solve the issue. TurboTax checking routines report no error, but the submission still comes back rejected with t...
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HI, appreciate the suggested fix. I followed it closely and resubmitted. It didn't solve the issue. TurboTax checking routines report no error, but the submission still comes back rejected with the same error messages (and no specific error code). I've checked to confirm that the TT workflow entries pass through correctly to Form 8889 - there is no mismatch.
yesterday
Lucky you. Still not working for me. Guess I will have to call also ... and pray...
yesterday
I have added the suggested to exclusions to my Windows Defender file and restarted my router--still cannot complete this transaction. No issue with the same login credentials for accessing the Turbo ...
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I have added the suggested to exclusions to my Windows Defender file and restarted my router--still cannot complete this transaction. No issue with the same login credentials for accessing the Turbo Tax support site.
yesterday
If you are being asked for an IP PIN and you haven't filed in a few years, it is likely due to the adjusted gross income check that is used to verify your identity. it could also mean the IRS has de...
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If you are being asked for an IP PIN and you haven't filed in a few years, it is likely due to the adjusted gross income check that is used to verify your identity. it could also mean the IRS has detected a potential identity theft in your past.
If you previously incurred an identity theft or the IRS identified you as a potential identity theft victim previously, they would have mailed you a new 6-digit IP PIN in January.
If you don’t already have an account on IRS.gov, you will be asked to create an account and validate your identity. You can use this link to create an online account Online account for individuals.
If you are trying to locate your IP PIN you can sign in to your IRS Online Account using ID.me on the IRS.gov website to retrieve your current IP PIN. Your IP PIN is available through your “Profile” page. Retrieve your identity protection PIN (IP PIN)
Steps to Find Your IP PIN Online
Go to the IRS Get an IP PIN page.
Click Get an IP PIN.
Sign in to your ID.me account (or create a new one, which requires a photo of your government ID and a selfie).
Once verified, navigate to your Profile to view your 6-digit PIN.
Please return to Community if you have any additional information or questions and we would be happy to help.
yesterday
Your question above says "When I create a TurboTax New Jersey state,"; however, you also mentioned the $619 is below the NJ filing threshold and you reference Form IT-204-IP, which is New York K-1 Fo...
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Your question above says "When I create a TurboTax New Jersey state,"; however, you also mentioned the $619 is below the NJ filing threshold and you reference Form IT-204-IP, which is New York K-1 Form. So, I am assuming you are try to prepare a New York non-resident return. What you need to do is enter the K-1 from BXPE in the federal section of the program. Next, start (or continue) your New York return. As you go through the interview, several pages in you will see a screen with "New York Income Allocation". One of those items will be "Rentals, Royalties, Partnerships". It will show the federal amount (from your K-1s) and have a box for "New York Source Portion". If you received Form IT-204-IP it should be the amount of line 1.C of "Partner's share of Income, deductions, etc.". That's it.
yesterday
Well Fargo Clearing only showed 2, not all 4 of my accounts. PLEASE debug with Wells Fargo site and fix this. It has been 2 months!
yesterday
deluxe + state edition: how do I reaccess the "import last years data" dialogue from in program. Couldn't find file at time and skipped thru and now have found file location of last years data that I...
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deluxe + state edition: how do I reaccess the "import last years data" dialogue from in program. Couldn't find file at time and skipped thru and now have found file location of last years data that I'd like to import.
yesterday
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yesterday
Receiving an IRS C letter asking you to verify your identity is a normal security step to help prevent tax fraud. Once you verify your identity, your return will be released and your refund can go th...
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Receiving an IRS C letter asking you to verify your identity is a normal security step to help prevent tax fraud. Once you verify your identity, your return will be released and your refund can go through.
To Verify Your Identity you might follow the instructions on the letter.
With your C letter, some documents like W-2 or 1099, and your tax return handy, go to the secure IRS Identity Verification website that is mentioned in the letter and follow the instructions cited there.
Once verified, it may take up to 9 weeks to receive your refund.
Make sure you don't ignore IRS communication. Be aware that if you don't verify, your refund won't be processed.
yesterday
My memory was wrong. It's good I checked because I hadn't sent in the file extension request. Sorry for the mixup.
yesterday
Unbelievable to me that TT can't handle this situation. I have to lie about my situation, and then select family plan for each month. I had been going to ChatGPT, etc, to figure what was going o...
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Unbelievable to me that TT can't handle this situation. I have to lie about my situation, and then select family plan for each month. I had been going to ChatGPT, etc, to figure what was going on w/ my taxes. I had deleted the 8889 forms so many times, and re-entered the information. I had been rejected 6 times on e-file, and I was debating about filing w/ paper (uggh). Thanks again. I just e-filed for the 7th time. The 7th time is the charm. Warm regards.