I have mailed a form 4869 application for extension to file my 2019
Federal taxes to October 15, 2020. I did not make a payment with the
extension application because taxes are deducted from my pension. An RMD
was taken automatically in 2019, which I...read more
Hello Turbotax Community!I am wrapping up taxes for my girlfriend. I am
confused with the MAGI calculation. Multiple sources mentioned that
passive loss (capital losses?) should be added back to the adjusted
gross income (AGI) [see source 1 below]. D...read more
buns2Posted June 4, 2019 | Latest post yesterday by dmertz
I wanted to use the "what If" form to help me "predict" my possible tax
bill when I turn 72 and have to take a RMD from my 401K My 2019 tax
situation is pretty straightforward. I qualify for the standard
deduction, my income is SSA , a $500/mo pensio...read more
Hello. Hoping someone can help me with this question. I just withdrew a
prior year excess contribution (for tax year 2019) and had already filed
my taxes back in March. My understanding is I had until October to do
this. The IRA custodian said I will...read more
fkanePosted Monday | Latest post Monday by dmertz
My federal and state taxes were rejected because the day I didn’t
include an AGI. I receive social security and do not see an AGI anywhere
on my 1099. What do I do next?
In 2019, I made a contribution to my standard IRA. As I began to file my
taxes, I realized that I wasn't allowed to make that contribution. I
withdrew the funds as well as the appreciation in 2020. Where in
TurboTax Deluxe 2019 can I find the section...read more
Hi, I’m thinking about withdrawing $ from 401k for a home down payment.
i will need to pay the taxes on it next year. How can I calculate what
the taxes will be? Thank you
