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Is the Tax Deadline Delayed? What to Know About Coronavirus (COVID-19) and Your Taxes

What to Know About Coronavirus (COVID-19) and Your Finances

Community Chatter: What do you wish someone told you before making a big financial decision?

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Employee Tax Expert

CPA, EA

Employee Tax Expert

CPA

Employee Tax Expert

I am a CPA and TurboTax employee for 5 years

Employee Finance Expert

As a CFP®, Alicia has provided financial guidance and advice to clients of all ages and wealth spectrums. Alic...

Employee Tax Expert

I am a CPA with over 20 years of experience in income tax and 15 years experience in payroll. 2019 will be my...

Trending Discussions

A little encouragement. Fil

Filed Feb 4th, just received. Notification that deposit will be Wednesday. They are working, just behind. Hang in there all!!

Community Chatter: How do you organize your time?

A quick online search will show that being more organized can help you be more productive at work. There are endless ways to go about it, so many in fact, that it can be a little overwhelming. By sharing our tips and tricks for organizing, we hope th... read more

TurboTax is trying to renew my previous subscription, but I have chosen a new company. How do I cancel a subscription?

I have searched help and this section for every combination of "subscription" and "cancel" and "renew" that I can think of. Apparently Ituit does not want me to know how to close this account! Can anyone guide me? The fact that there is literally no ... read more

Primary residence is in CO. If I live in a second home in FL for a few months out of the year, is the income earned while living there excluded from CO state income tax?

Thank you all! I got it right finally.

If I buy the TurboTax Premier Download on October 9, 2020, will I get the old 2019 version or the new (but not yet final) 2020 version?

(The release date ought to be on the first page of their web site in large type, but I have searched and found stuff about 2019 and 2014 and releasing money and everything else but this simple, obvious, piece of information. Do they announce the rele... read more

Pell Grant and Tax Return

In 2019, I got Pell Grant $5000, used $600 for books. My income from W2 was $2800. Total of my taxable income is $7000 (5000-600+2800). Do I still need to file Tax Return even my income is less than $12200 of Standard Deduction?

How can I calculate estimated quarterly taxes if my income has changed and I didn’t file with turbo tax in 2019?

I would like to estimate quarterly payments. I have w2 and 1099 income. My employment situation is different than last year. I didn’t file with turbo tax before. How can I use turbo tax to help me calculate my estimate payment? My income increased be... read more

What if contribute too much into IRA accounts

Just making an example, Assumption: In July 2020, I contributed $1000 in traditional IRA for year 2020 & $5000 in Roth IRA 2020, at that point, my income allows me to contribute up to $6000. But for individual brokerage account: if I sell some stock ... read more

Turbo Tax had me overpay by $300, how do I get it back?

I filed in 2018 with turbo tax, and it stated that I had violated the maximum deposit to my ROTH IRA in that year, and needed to pay a fine of $300 to the government. I didn't question this until recently when I talked to both the IRS and the bank wi... read more

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