Other financial discussions

Join TurboTax Community: Your Tax & Finance Guide for Credit Karma Members!

As you may know, getting your free credit scores through Credit Karma is just one part of your financial journey. Although understanding your credit score is crucial for making important decisions, it’s just one part of the puzzle in managing your fi... read more

Getting Over Bad Money Decisions

Last week, on the Turbo blog, we talked about ways to forgive yourself and move on from past financial mistakes. CFSW, Marsha Barnes, shared five key ways to move on and get better with your money: 1. Recognize previous spending behaviors and forgive... read more

NYC Unincorporated Business Tax

Is my business subject to UBT in NY if my business is based in another state, but services are provided in NYC?

Undistributed RMD

I rollered over a 403(b) account to a traditional IRA in December of 2023. The 403(b) financial entity closed the account in late December and issued, and mailed, a check to the IRA financial institution. No RMD was deducted on the roll over amount s... read more

TurboTax 2023.lnk caused synchronization failure of OneDrive.

TurboTax 2023.lnk was created under OneDrive, and it caused synchronization problem for OneDrive as it did TurboTax 2023.lnk was created under OneDrive, and it caused synchronization problem for OneDrive as it did not have any permissions even for ad... read more

Where's the fine print? Surprise!

Before deciding which (if any) TT product I would try to use,I checked out the 1 and 2 star ratings to see what people complain about.Mostly it was about surprise costs after they had started for freewithout reading the fine print. Now I see that it'... read more

Rental Property - QBI Qualification Questions

Hello,In 2024, I started renting my first rental unit. The rental for the unit started on 5/15/24 and before that time, my wife and I had been using it as our primary residence. Over the course of 2024, the unit has been rented since 5/15/24 through ... read more

Just filed chapter 7 bankruptcy no word back yet for first meeting and I'm filing my taxes tomorrow, can I keep my refund?

Just filed chapter 7 bankruptcy with a lawyer but haven't heard anything about a date yet of trustee meeting but I'm filing my taxes tomorrow and usually only get 1600 to 1900 back every year, is it a good idea to file taxes now or after the bankrupt... read more

Why $70 for TurboTax desktop 2024 from Intuit when $55 on Amazon.

Talking Desktop Deluxe here and not trying to give Intuit a hard time, well not too hard of a time, but why the price disparity between Intuit's $70 charge and the same product from Amazon for $55 - as it seems both are available early as opposed to ... read more

HSA eligibility

Hello, I am currently enrolled in an HSA. Both I and my employer have contributed so far in 2025. I found out my spouse has an HRA this year. The HRA only covers her. Does this make me ineligible for an HSA? I could not find much online about this si... read more

Sale of LLC

How do I report the sale of an LLC of which I owned a 5%. During probate a value was placed on it 12 years ago at the time of my mother's death and it has now sold. Is there a stepped up value and how do I report?

Quicken Employer Forms - New Business

Trying to create a new business on Quicken Employer Forms (. I enter all the info for the business including EIN, but when I press Create Business, I just get 4 dots spinning in a circle forever and the new business is never created. https://quickemp... read more

Hardship Withdrawal

Hello Long story short im in school and I found out recently that I am short a class to qualify to sit as a CPA. My job requires I have it soon. I did research and found an old 401k that had almost enough to cover the cost and they allowed tuition ex... read more

W2 employee hiring spouse?

I'm a very busy W2 salesperson, can I "hire" my spouse as a consultant/secretary to help manage my incoming communications? The company wouldn't pay her rather I would directly. It would probably be 15-20 hours a week off work

Double inherited IRA

My father passed in 2015. My mom did not do a spousal assumption on the IRA or a rolloverto her own IRA. Mom passed 2024. Each of us kids have inherited a portion if this IRA. Do we have 5 years or 10 years to withdrawal since rules changed in 2019? ... read more