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intuit turbotax has made poor decisions in the past that have been reversed, because customers would not stand for it. Discontinuing the CD version of turbo tax will not be tolerated by many customers and it will cost turbotax more than they plan on ... read more
ANNUITY ‎Posted 3 weeks ago | Latest post yesterday by tagteam
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I've read so much that seems conflicting. Here's the scenario:Rental property - owned 35 years, rented the last 30 years.Last year we sold it. However, the last renter (successful 29 years, burned badly last year) pretty much destroyed the place. We ... read more
jeanne17 ‎Posted Friday | Latest post Monday by tagteam
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Per IRS Instructions, a not-for-profit rental home that has not had a loss in the past 5 years is considered a "for-profit" rental. However, T Tax asks me to enter the number of days that the home was rented out at fair market value (which is 0) and ... read more
taxed24 ‎Posted 2 weeks ago | Latest post a week ago by Hal_Al
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I am disabled age 50. Most of my income is SSDI. Want to use TTax 2023 to estimate taxes due for a 2024 conversion of part or all of my standard IRA to a Roth. Confused by what to enter on a mock 1099R: Distribution code? Section B questions?Of cours... read more
John-Kristin ‎Posted 4 weeks ago | Latest post 2 weeks ago by dmertz
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My Federal and Nonresident State (CA) taxes were accepted but my full-term year resident State taxes (AL) have been rejected 8 times. I am getting an error that "Total Alabama Wages, Form 40 Pg. 1, line 5, must equal the total amount of all State Wag... read more
kwilkk ‎Posted a month ago | Latest post 3 weeks ago by TomD8
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My employer offers a company savings plan that allows after-tax contributions, which can then be rolled into a Roth IRA. in 2023 I contributed too much to the plan. I received a 1099-R that has data in Box 1 (Gross Distribution), Box 2 (taxable amoun... read more
poncho_mike ‎Posted an hour ago | Latest post 16m ago by dmertz
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I received the above message while filing my MA state taxes after using TurboTax to file an extension in April. I have done this exact process for a few years and never had to mail my state return. Is there anyway I can find out what form or tax situ... read more
lscronin ‎Posted 4 hours ago
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