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4m ago
Thank you for the response, @DianeW777 This is very helpful. I have the desktop version and looking at the forms, the gain does appear to flow to all of the appropriate locations. It is shown on F...
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Thank you for the response, @DianeW777 This is very helpful. I have the desktop version and looking at the forms, the gain does appear to flow to all of the appropriate locations. It is shown on Form 4797 (Line 7), Schedule D Tax Worksheet (line 22), and Unrecap 1250 Gain Worksheet (line 18). My AGI is increased by the amount of the gain and the tax is calculated considering the gain as ordinary income (as it should be since it is recapture of depreciation taken over the years). The problem comes in when I check the "Final K-1" box. I then get error messages that require me to enter a lot of sales information. I do not have these specifics since my portion of the gain is reported directly on my individual K-1. I entered my best estimation of this information just to see what would happen and it duplicates (and double taxes) the gain. Is this a glitch in the TurboTax error system? The only way I can get it to let me file is to uncheck the "Final K-1" box, which is not technically accurate, although I do believe the tax is calculated correctly.
27m ago
How can I get live help with receiving IRS notice CP12
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30m ago
I have a number of 1099's and some income to report that was not included on a 1099. For mystery shopping type work where the total amount paid out (including the reimbursed costs for food etc.) is i...
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I have a number of 1099's and some income to report that was not included on a 1099. For mystery shopping type work where the total amount paid out (including the reimbursed costs for food etc.) is included in the total paid amount on a 1099, where should the reimbursed amounts be entered? Home and Business Desktop
an hour ago
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an hour ago
I tried to add up my rentals income, but didn't add up to the number showed on the page. Where should I check for any input error or duplicate input?
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an hour ago
-100% owner and all expenses are entered correctly
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an hour ago
Hello. I think there is a bug in the TURBO TAX PREMIERE DESKTOP software. Currently I was in the "ASSET / DEPRECIATION" when it started to allude that I can record the purchase of a refridgerator (f...
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Hello. I think there is a bug in the TURBO TAX PREMIERE DESKTOP software. Currently I was in the "ASSET / DEPRECIATION" when it started to allude that I can record the purchase of a refridgerator (for my rental) as an EXPENSE under the De Minimis Safe Harbor Election. Anyways upon selecting "EVERY ITEM I BOUGHT COSTS $2500 or Less" at the last prompt, Turbotax opens the ASSET window. I was expecting to see a window for any DE MINIMIS EXPENSES. How do I add an EXPENSE under the De Minimus Safe Harbor Election? Secondly, I didnt see a way to ADD it to the previous EXPENSES section neither. I hope this made sense. Please assist. Thanks
an hour ago
Seems like if we got an email from TT saying the money was sent back, it should’ve actually been done… I guess not.
an hour ago
Thank you @Skina @Jkelyy if we already received the email from TT saying they sent it back to IRS, should we keep calling them or just call the IRS
an hour ago
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2 hours ago
1 Cheer
Oh yeah it's 100 percent unacceptable. In my case I'm waiting ony daughters social security card. It's dumb
2 hours ago
@Mesachi I did see that already, thank you. I would just really like things to be as they should be. Their quality assurance is failing. I am also someone who doesn't expect to owe any taxes, but...
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@Mesachi I did see that already, thank you. I would just really like things to be as they should be. Their quality assurance is failing. I am also someone who doesn't expect to owe any taxes, but I will still like the peace of mind of filing an extension. I never have such a tight deadline, but an employer from last year failed to send me my W2 until late last month. I just want to be able to work and then finish filing my taxes when I am not trying to meet deadlines for my clients.
2 hours ago
Not 1 of these tools works for expats tho
2 hours ago
I as someone who did it can assure you it'll only file an extension, but also that you can workaround by making a second account and doing the return tool so there's no risk of accidentally submittin...
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I as someone who did it can assure you it'll only file an extension, but also that you can workaround by making a second account and doing the return tool so there's no risk of accidentally submitting your "nonexistent on that account" returns
2 hours ago
I was able to confirm that it won't file your taxes by taking the risk, but I also found that if you're worried you can make a second intuit account then do the extension tool from that acct to be ab...
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I was able to confirm that it won't file your taxes by taking the risk, but I also found that if you're worried you can make a second intuit account then do the extension tool from that acct to be absolutely safe
2 hours ago
What? There are plenty of reasons to need an extension without having tax due
2 hours ago
Easy Extension is not a "separate website". It is simply a URL on the TurboTax website and you are logged right back into the software when you click the button to file an extension. It is literally ...
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Easy Extension is not a "separate website". It is simply a URL on the TurboTax website and you are logged right back into the software when you click the button to file an extension. It is literally the same website. I don't want to feel uncertain when I'm submitting the extension, and I don't want to have to go elsewhere. TurboTax is supposed to make painstaking tasks a little bit easier, but this scenario is a pain, doesn't instill confidence, and the repetitious incorrect support responses are abysmally disappointing. I have avoided stopping use of TurboTax for so long because all of my information transfers over each year, but it's starting to feel like a ball and chain more than an easy, innovative software as a service. PLEASE do better!
2 hours ago
I have TTax 2025 advantage which includes one audit defense subscription. I am ready to e-file my fed/CA returns and when I go through final review and I get to the audit defense page - it says at t...
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I have TTax 2025 advantage which includes one audit defense subscription. I am ready to e-file my fed/CA returns and when I go through final review and I get to the audit defense page - it says at top I get it free, but then asks me to proceed with electing it and then trying to get me to pay for it. Do I skip this page and just get it automatically? If not, I'd expect that when I go to purchase it, it would say $45 and then show a credit for $45 - netting to zero, but it's not showing the credit and looking for the $45 payment. Thanks in advance for any help you can offer. TDA - Laguna Beach