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It depends. If you are using Schedule C or Schedule E, you will select to 'Add more expenses', then select from the list of expenses. You may have to select the next page at the bottom of the list to... See more...
It depends. If you are using Schedule C or Schedule E, you will select to 'Add more expenses', then select from the list of expenses. You may have to select the next page at the bottom of the list to see them all.   Once you have selected all of them you will select each category to enter the expense.
Employee Stock Purchase Plan – Questions for 2026 Might be useful for last-minute 2025 filers. Retirement in two months and there are still several in-the-money options as well as others that are u... See more...
Employee Stock Purchase Plan – Questions for 2026 Might be useful for last-minute 2025 filers. Retirement in two months and there are still several in-the-money options as well as others that are underwater on the Exercise screen (NQ). There are multiple items on the Sell screen including ESPP and RSU. The tentative plan is to exercise the positive items on the Exercise screen then sell a combination of winners and losers from the Sell screen reducing the newly-moved taxable amount to zero. Additional underwater options can be exercised if necessary. Would it be advisable to sell everything on the Sell screen to maximize the return now or hold some for a possible improvement in the stock price? Will the remaining options on the Exercise screen be available for 90 days after retirement? Once exercised, are the items on the Sell screen accessible for more than 90 days after retirement?
Hi, my huband and I had to get insurance through Marketplace due to a layoff and we added our adult son who had graduated college and we cannot claim as a dependent.  This was for about 10 months of ... See more...
Hi, my huband and I had to get insurance through Marketplace due to a layoff and we added our adult son who had graduated college and we cannot claim as a dependent.  This was for about 10 months of 2025.  How do I figure out the % of premium, SLCSP and Advance payment?  The last thing I want to do is messed this up and have to repay insurance premiums.  And what do I need to do on his tax return?   Thank you so much from this confused mom. 
so you mean i can claim the tax i paid in Turkey from US although it is US sourced income? But i think form 1116 doesnt work for this   and my us tax were very low or even zero since i was below st... See more...
so you mean i can claim the tax i paid in Turkey from US although it is US sourced income? But i think form 1116 doesnt work for this   and my us tax were very low or even zero since i was below standard deduction. so if i claim turkish tax paid then waht? i get money from irs or since i paid nothing then nothing?  
Thank you for the reply! I'm receiving conflicting information from the TurboTax desktop app. I'm observing the generic message "E-filing is Closed for the Season, You Can File by Mail". If I cont... See more...
Thank you for the reply! I'm receiving conflicting information from the TurboTax desktop app. I'm observing the generic message "E-filing is Closed for the Season, You Can File by Mail". If I continue to click through I get to the "Transmit Returns Now" view. (See screenshots in the original post)
Your RMD amount is not on a tax document.   You have a 1099R showing the distribution from your retirement account.   You can get the exact amount of the RMD from the financial institution that issue... See more...
Your RMD amount is not on a tax document.   You have a 1099R showing the distribution from your retirement account.   You can get the exact amount of the RMD from the financial institution that issued the 1099R.
Your RMD should be included on a Form 1099-R.  It is reported in TurboTax at:   Log into TurboTax Under Federal Select Wages & Income Scroll to Retirement Plans and Social Security ... See more...
Your RMD should be included on a Form 1099-R.  It is reported in TurboTax at:   Log into TurboTax Under Federal Select Wages & Income Scroll to Retirement Plans and Social Security Select IRA, 401(k), Pension Plan Withdrawals (1099-R) On the screen Let's import your tax info Change how I enter my form On screen How would you like to upload your 1099-R? Type it myself Enter your Broker or plan administrator information. Follow the interview. Where do I enter my 1099-R?
thank you.  how to 'Enter it under medical reimbursements', where is this button or form? thanks
You do not understand my point. I have no military retirement. I have Fed Civil Service Retirement. Ohio asks how many years of military service I have to REDUCE my Fed Civil Service Retirement. ( I ... See more...
You do not understand my point. I have no military retirement. I have Fed Civil Service Retirement. Ohio asks how many years of military service I have to REDUCE my Fed Civil Service Retirement. ( I have do this for 11 Years), Test it yourself, I get more back when I have Zero military service.  We could solve this with a phone call. [phone number removed]
@emmahuwig Your SSN went into the system when your parent claimed you as a dependent.   Your return was rejected because you answered incorrectly in MY INFO when it asked if you can be claimed as som... See more...
@emmahuwig Your SSN went into the system when your parent claimed you as a dependent.   Your return was rejected because you answered incorrectly in MY INFO when it asked if you can be claimed as someone else's dependent.   Go back in to MY INFO, click your name and get back to the question that asks if you can be claimed.  Correct your answer and try to re-file.
I am going to retire soon.  My husband is still working.  I did the IRS estimated tax refund calculator online and it gives a gross income then notes payroll/standard deductions and then gives a taxa... See more...
I am going to retire soon.  My husband is still working.  I did the IRS estimated tax refund calculator online and it gives a gross income then notes payroll/standard deductions and then gives a taxable income.  The gross income includes my partial year income, his yearly income and interest/capital gains/dividends (projected for this year).  What goes in Box 2bi on the W4p?  The gross income or the taxable income?  Or just the gross income from jobs and then the interest/capital gains/dividends goes in 4a?  From what I understand my new annuity will not be projected on this  since I haven't receive it yet.  
Where is RMD on form?
Yes. Select 'Other, not classified'. Enter it under medical reimbursements. In general, any medical expenses for which you are reimbursed, such as by your insurance or employer, or paid with pre-tax ... See more...
Yes. Select 'Other, not classified'. Enter it under medical reimbursements. In general, any medical expenses for which you are reimbursed, such as by your insurance or employer, or paid with pre-tax dollars, cannot be deducted. Box 14 is a catch-all box that employers mostly used for information.   @shiyi11 
It depends.  If it did not have any affect on your return, then no, you do not need to amend.  However, it is a good idea to double check the previous years to be sure it did not affect your return. ... See more...
It depends.  If it did not have any affect on your return, then no, you do not need to amend.  However, it is a good idea to double check the previous years to be sure it did not affect your return.   If it does have an affect on your return and you need to amend your return, you can also submit a claim under the accuracy guarantee policy that TurboTax has. 
You need to look at your return with all worksheets from last year.  We recommend you download a copy each year when you finish filing. TurboTax does not show your Driver's License number on ... See more...
You need to look at your return with all worksheets from last year.  We recommend you download a copy each year when you finish filing. TurboTax does not show your Driver's License number on the standard Form 1040. Instead, it is stored on an internal document called the Information Worksheet (or Info Wks). Log in to TurboTax and go to your Tax Home. Scroll down to "Your tax returns & documents" and select the previous tax year. Click Download/print return (PDF). Crucial Step: When prompted, choose to download "All forms and worksheets" (not just the "Tax Return" or "Just my forms"). Open the PDF and search for a page titled "Information Worksheet" or "Identity Verification Worksheet." Scroll to the very bottom of that worksheet. You will find a section for "Driver's License/State I.D." which will show the Number, Issuing State, Issue Date, and Expiration Date used last year. Check these three things: The "Document Number"  Some states (like New York) require a Document Number in addition to a License Number. This is a separate 8-10 digit code found on the back of the card or in the bottom corner. TurboTax users often mistakenly enter their License Number in both boxes. The "Issue Date" Bug: If you renewed your license recently, TurboTax might have "auto-filled" your old ID info from last year. If the Issue Date or Expiration Date in your current filing doesn't match your new physical card, the state will auto-reject it. Hyphenation/Spaces: Some state systems are picky. If your license number is 12-345-6789, try entering it without the dashes (123456789) or vice-versa, depending on your state's specific error code instructions.
@Idonotliketurbotax TurboTax is currently working on updates to California Form 3514 with regards to the Foster Youth Tax credit and the update is not scheduled to be in place until after the April 1... See more...
@Idonotliketurbotax TurboTax is currently working on updates to California Form 3514 with regards to the Foster Youth Tax credit and the update is not scheduled to be in place until after the April 15th tax deadline.   Because the form will not be ready in time to meet the filing deadline, you have some options available to you.   Waiting to file - You are still able to e-file your Federal return without filing your California return.  California does not require you to file a special form for a filing extension as those extensions are granted automatically.  Once the TurboTax update is in place, you can make the edits needed to claim the Foster Youth Tax credit and e-file your return.  CAUTION:  An extension of time to file is not an extension of time to pay.  If you believe that you will have a balance due to California, you should make efforts to pay that balance due by the April 15th deadline.  The California FTB website has more information on payments on extension.   File now and amend later - You can file your California tax return now to meet the deadline.  After the CA Form 3514 is updated in TurboTax and your California return and refund (or payment for a balance due) has processed, file an amendment to your California return to claim the Foster Youth Tax credit.
If box 14 for state withholding is empty then leave all boxes 14-16 Blank.   If box 14 has an amount and box 16 is blank put in the amount from box 1 in box 16.