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yesterday
Unfortunately, no. State tax agencies operate independently, so you cannot transfer withholding directly from one state to another.
To access that $100, you must file a return with the other s...
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Unfortunately, no. State tax agencies operate independently, so you cannot transfer withholding directly from one state to another.
To access that $100, you must file a return with the other state to claim it as a refund, and then use those funds to pay your California balance.
California will only credit you for taxes paid to another state if the income was actually taxable in both jurisdictions.
yesterday
Good luck changing the Wife's phone number in Forms Mode on a laptop/PC as well. You can "SEE IT" plain as day right up at the top of the page, But it is grayed out and you can not change it. It s...
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Good luck changing the Wife's phone number in Forms Mode on a laptop/PC as well. You can "SEE IT" plain as day right up at the top of the page, But it is grayed out and you can not change it. It seems to be the oly thing that can not be changed, short of starting over from scratch and NOT importing any previous years returns. My wife Daytime Phone# has been wrong for going on 15-20yrs...The number used at least hits the organization, but that wasn't her "desk" in years. I could never figure out how to change it. Now she is retired, so I would prefer that it didn't have the daytime # of a place she retired from. There is and option to "Delete" the entire form, but I don't have any idea what that will do to a nearly completed tax return. I'm not going to find out now. Turbo Tax should fix this on the same page where you can update "Occupation" which you can change, and appears on the Forms page on the line 2 lines above the phone number. All Spouses info EXCEPT the phone number can be edited under the main personal info tab. It's rediculous that they have never fixed this... It would take their software guy 30 seconds to add!!!
yesterday
Please clarify some information for us:
Are you an employee or sub contractor?
What income form did you receive (1099-MISC or 1099-NEC or other form)?
If you didn't receive any income form...
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Please clarify some information for us:
Are you an employee or sub contractor?
What income form did you receive (1099-MISC or 1099-NEC or other form)?
If you didn't receive any income forms how did you earn the money you want to report?
Once we have more details we can help you with your specific situation. Please update here.
yesterday
My resident state is CA and I have a balance due. Say I have $100 withheld from another state (which I could get back by filing that state's return). My question is, is there any way I can apply th...
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My resident state is CA and I have a balance due. Say I have $100 withheld from another state (which I could get back by filing that state's return). My question is, is there any way I can apply that $100 to my CA balance due, without filing the other state's return? Thank you in advance.
yesterday
Where do I input a California Form 592-B?
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yesterday
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yesterday
The issue is that if I enter the sale via "Sale of Business Property" Section, It doesn't include gains from the sale as part of passive income, and it disallows the excessive loss from K-1. But if I...
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The issue is that if I enter the sale via "Sale of Business Property" Section, It doesn't include gains from the sale as part of passive income, and it disallows the excessive loss from K-1. But if I enter the sale via schedule E, it allows the excessive loss (flowing to 1040 line 8), but the capital gain calculation is incorrect, uses FMV not original cost+improvents
yesterday
1 Cheer
I’m in California too. It works right on my state return. I don’t have to enter it on state to subtract. Don’t test by entering a 0 anywhere. Try entering an actual amount like $1. But I’ll...
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I’m in California too. It works right on my state return. I don’t have to enter it on state to subtract. Don’t test by entering a 0 anywhere. Try entering an actual amount like $1. But I’ll test it out on my laptop test return later. Think I understand what happened . You changed your federal AGI to a lower amount by deleting box 3. Then it started CA with the lower AGI. So your CA tax return income is less which increased your refund. It didn’t need to subtract box 3 (which is now 0). If you go to state to deduct it then you will be deducting it twice. Follow?
yesterday
@SwedishIvy Using my TurboTax online account there is a code II between codes HH and J.
Clear cache and cookies from your web browser. Check again on box 12. If still not there then change yo...
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@SwedishIvy Using my TurboTax online account there is a code II between codes HH and J.
Clear cache and cookies from your web browser. Check again on box 12. If still not there then change your web browser to one of these that you are not currently using, Google Chrome, Mozilla Firefox, Microsoft Edge
yesterday
https://turbotax.intuit.com/personal-taxes/cd-download/install-turbotax/
yesterday
A 1031 exchange is only possible if you sell a property you own and buy a replacement property. If you did not sell a property you own, you should not report any sale and consequently TT cannot repo...
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A 1031 exchange is only possible if you sell a property you own and buy a replacement property. If you did not sell a property you own, you should not report any sale and consequently TT cannot report a 1031 exchange if no entry in made in TT. The purchase of property is not a taxable event, unless it is possibly rental property which would likely involve depreciation.
yesterday
1 Cheer
My sons have used for the past few years and had simple returns. Always free. This year was a different story. Son #1 was "upgraded" from Free to Deluxe while he was doing his return. He only...
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My sons have used for the past few years and had simple returns. Always free. This year was a different story. Son #1 was "upgraded" from Free to Deluxe while he was doing his return. He only had W2 income and a tiny amount of Interest income. NOTHING about his return should have triggered the deluxe. TT simply trade to scam him into upgrading. It took a while but we finally found a way to "downgrade" his version to free. Son #2 was very similar BUT he qualified for the American Education Credit. Because of that one addition to his very simple 1 W2 and 1 1099-INT and extremely minimal amount of total income, he was forced to "upgrade" to deluxe. It ended up costing him ~$150 to process and e-file Fed and NJ returns. A full ~$70 more than I spent on filing my very complex returns via Desktop Deluxe version. In both cases, TT never notified them when or why it upgraded. When it came time to submit they were just surprised with the cost. Very disgusting Turbo Tax. You're taking advantage of the you low income filers who do everything online. Can't wait until we have more/better options born from AI by next year.
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yesterday
I installed TruboTax Business on one computer a month ago, since then I have to return that computer and got a new one. It says the License Key is being used on another computer. Other than uninsta...
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I installed TruboTax Business on one computer a month ago, since then I have to return that computer and got a new one. It says the License Key is being used on another computer. Other than uninstalling it on the first computer, what can I do?
yesterday
IRS does similar if you try and pay taxes on a credit card, no one wants to eat that fee so you can get credit card points on taxes. Instead you can pay directly from your bank account to avoid this...
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IRS does similar if you try and pay taxes on a credit card, no one wants to eat that fee so you can get credit card points on taxes. Instead you can pay directly from your bank account to avoid this fee. You can pay directly online via irs.gov. Personally I don't put payment details into the return I select the option to pay by check then pay directly electronically at the IRS website. https://www.irs.gov/payments
yesterday
@chris-g-waclawski If your box 2a has a non-zero number in it..(not blank, nor marked as undetermined), and that number is somewhat lower than the box 1 number, due to an after-tax contribution ...
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@chris-g-waclawski If your box 2a has a non-zero number in it..(not blank, nor marked as undetermined), and that number is somewhat lower than the box 1 number, due to an after-tax contribution amount that is noted in box 5...then edit that retirement form again, and when you get to the following page (below), answer it as-if the displayed edits were present (i.e. you needed to answer YES). Answering YES will use the box 2a $$ amount on your for 1040. Checking lines 5a and 5b on your form 1040, before and after entering that 1099-R, and the 5b amount should be lower than line 5a. (But if you answered No, and already entered some $$ in the "General" or "Simplified" calculation area ,you might need to delete your 1099-R first and re-enter it from scratch) ________________________________
yesterday
There is nothing there.
yesterday
Did you ever figure out this? I have the same thing on mine, it says I need to repay but I'm getting a refund and the refund is the same amount after I updated the 1095a. So I'm pretty sure I'm not r...
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Did you ever figure out this? I have the same thing on mine, it says I need to repay but I'm getting a refund and the refund is the same amount after I updated the 1095a. So I'm pretty sure I'm not repaying with the filing. If you ever figure this out please let me know. I think I had this same issue last year, thought someone is going to bill me, but it's been a whole year and nothing.
yesterday
@SwedishIvy What do you see in the Box 12 Code dropdown between codes HH and J?
yesterday
I received disability for two months for an accident
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