Other financial discussions

I saw a pretty nasty video on YouTube that started with a Turbo Tax advertisement. The video title uses the words "Welfare Addicted Jews" and the video itself shows the channel owner harassing Jewish people on the street! Is this really where you want your brand to be seen?

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I got an email from Intuit where they apologized for canning ItsDeductible (and so they should, lol).  In return, they said, I was eligible for a 30% discount on my next purchase of TurboTax.  But when I use the sign-in link they provide me with, a message pops up right after I sign in saying:DISCOUNT30 is not valid for your account.Thanks a lot, Intuit. 🙄  Has anyone encountered this before and might know what's causing it?Thanks!

I am 75 and I got a windfall this year as I got a year of backpay for my SS spousal support that will raise my Medicare Premium Part B in 2027 because of IRMAA. Look like my 2025 Magi will just past the standard IRMAA threshold, I figured out it would be better to convert some $40-50K of my IRA money to my ROTH and stay within the 1st level of IRMAA .   The trouble is it is difficult to figure out now how much my 2025 MAGI will be until the middle of Feb 2026 when all tax papers are due. Assuming  I convert too much, say $50K already. And that bump me to 2nd IRMAA level,  can I return $10K so as to keep me in the 1st  IRMAA level?

I've requested twice to get a refund on the desktop software.  No response from Customer Service. I am hold (for 46 minutes) trying to contact Customer Service. Is there some other way to contact Turbotax and get help?I don't want to have to do a chargeback. 

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My husband and I are considering converting our remaining 4 Traditional IRA accounts to Roth this year.  Two of those accounts are nondeductible accounts (earnings are taxable) and the other two are traditional deductible accounts.  We have converted several other IRA accounts to Roth years ago and also have other Roth IRA accounts that were established as Roth.  I am assuming that the pro rata rule will apply.  But does this rule apply only to the 4 accounts that we are considering converting or do I have to include the previously converted accounts and/or the accounts that were originally started and contributed to as Roth?  

The college website lists the different Costs of Attendance for the different scenarios (Lives w/ Parents, Lives On Campus, Students w/ Dependents). My son stays on campus and is in his first year. The college website says that the cost for Housing and Food is $18,405. The meal plan that my son chose brings the cost for Housing and Food to $12395. This is the amount on the invoice. He will also be buying food outside of his meal plan both on campus and off campus. Let's say through these additional purchases, he spends another $7000 a year on food. My question is - What amount can I withdraw from my son's 529 account as eligible expenses: $19395 ($12395 + $7000), $18405, or $12395?Assume I will have receipts for the additional $7000 expense.

Are the payments to repay a loan for equipment our company received considered taxable income for the company

Microsoft WILL support Windows 10 for another year. how about providing Turbotax Desktop support for the additional year also?

I won a lawsuit against a roofing company for a bad roof job. The settlement was 150k with 8% over 10 years. They claimed bankruptcy and I hired a bankruptcy lawyer. He just told me that we wouldn’t receive anything and they I could claim it on taxes. Is he right and how would I go about it?  North Carolina 

Hello.  My wife is a hairdresser, gets paid bi weekly, and so declares tips bi weekly as well.  Instead of declaring every two weeks her tip amount, is it possible to do it as a lump sum while I’m preparing for filing at tax time?  We keep all records and amounts.  It, sometimes, is a pain to get her boss to add the tips every two weeks.   When we do miss a bi weekly report of the tips, we just add when doing taxes.  Just wondering if I can do same but for entire year all at once. Al

Good afternoon, My employer notified us of changes to hardship withdrawals through our retirement plan, and our company is now allowing withdrawals under domestic violence situations. However, I am concerned about the self certification process - do retirement plan administrators (Empower in this case) require proof? I have the form from my employer and it doesn't specify, but I am trying to plan for my safety in leaving and I'm worried that involving police to make reports to provide could make the situation worse. Thank you for any insight you may have!

I manage a small nonprofit, and the person handling our accounting entries made some unusual choices. In 2015-2016, they listed PAYPAL as a bank account in QuickBooks. They recorded purchases (like postage) as expenses, and any incoming funds (donations, etc.) as income. The income was then transferred to the organization’s checking account, and I can see journal entries reflecting these transfers. However, when I run the Income and Expense statement for those years, I also see PAYPAL listed as an expense category so from my perspective these expenses were being counted already.Essentially, there were 3 accounts created in the chart of accounts: 1 labeled "PAYPAL SALES" (for income) ,  "PAYPAL FEES" (for expenses), along with a separate PAYPAL Bank Account .  All 3 of these show up in quickbooks with a zero balance.Every year when I print the balance sheet, I see two entries that clearly originate from 2015 and 2016. However, these entries have carried forward into the balanc

I paid TurboTax fees twice. My refund was delayed. I received an email that the fees due will be deducted from my bank account on 5/2/2025. Fine. My refund finally got approved and was disbursed into my bank account on 5/2/2025. I looked at the fees deducted from my refund in my Turbo Tax account and sure enough they deducted their fees from my refund & sent the remaining balance to my account. Then, I got charged again on my bank account the same exact fees on the same day I’m assuming because it was already set to be deducted according to the email. How do I get a refund? 

I have a rental house that is depreciated  since 01/01/2005, date in service. Using the SL method over 27.5 yr life, it has been depreciated $2,278 each year. Why does the Turbo Tax Premier for Rental Propery only allow a lower depreciation than what has been used in the past?

Intuit donated $1 million to Trump so he would eliminate IRS free filing. It didn’t affect me directly. have canceled my subscription. Don’t want to do business with such an unethical company. 

I used desktop TurboTax, printed it, exited without any fuss, mailed it, and received my refund. For days since then, Intuit has emailed me to remind me to come back and file (as though I used a web-based product), and now that it's after the 15th, I am still reminded (daily) to come back to reduce my penalty. I could unsubscribe, but I don't want to "turn off" my connection to TurboTax*. I see no way to contact a human. Any ideas? (*I said I didn't want to turn off my connection, but I will if I find out later that Intuit still has not updated TurboTax to Apple's ARM architecture. It's not like Intuit is one guy living in his mom's basement.)

Can I move Roth funds ($10K converted from Traditional IRA in Dec 2024) back to the IRA?

I live outside the US and was submitting an extension to fulfill my physical presence test requirements. TurboTax requested my credit card details to pay for Deluxe TurboTax, which I assumed would include my current estimated liability, minus existing withholdings. I do not possess a US address, so I filled out my credit card details using my old US billing address (since my bank is aware of my situation and has forwarding rules). I was informed there was an error with my card, and assumed there was an issue on my bank's side. I confirmed to myself the details were correct, and tried again with the same result. I continued with the process to pay my remaining liability by bank transfer in order to submit my extension, but noticed on my bank account that there were two separate charges for ~$62 from Intuit via my card (the amount being, I assume, just for the "Deluxe" purchase). This indicates to me that the UI had incorrectly informed me there was an issue, then proceeded to charg

My actual deductions total $38,600.  Turbo Tax wants me to take a standard deduction of $32,300.  It is not clear why this is so.  Are some deductions (such as charitable or medical) not fully covered?  Note:  This is for personal tax, not business.

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Hello I have gifted Stocks and Mutual funds to my churchDo i have to detail individual cost basis per stock when it was bought or can i average the blended costs? the gifted stocks were sent on the same daywhat market value do i use the average of the high and low on the day my church received the stocks?Majority of the stocks were Long term, while small amount were short term due to dividend reinvesting. How do i treat mutual funds?what market value do i use?Majority of the mutual funds were Long term, while small amount were short term due to dividend reinvesting.

I’m not working at this moment, I can’t file due to cannot afford the fee.  My question is how long will I have to file? After April’s deadline.