I'm using TurboTax Business 2024 to prepare the final return for my
small c-corp. We have a non-depreciable asset of obsolete inventory to
scrap for zero value. TT generates a form 4797 but the inventory is
non-depreciable. How do I deal with this? C...read more
I am the sole employee/owner of a coffee shop. I'm trying to report my
barista tips to be able to receive the new tax deduction. But I am
unsure what form to fill out. I tried filling out the form 4137 but it
wants to take the information from my pre...read more
rebsjbPosted Monday
| Latest post yesterday by
CesarJ
Has anyone noticed that in TT Desktop Home and Business 2025, there is
an error regarding the maximum allowable 401(k) contribution for those
over 50. It still has the 2024 figure, instead of this year’s maximum,
which is $31,000. TT, if you’re liste...read more
hullianPosted January 7, 2026
| Latest post Monday by
RachelW33
I’m filing a Schedule C for a small Etsy business and not claiming
vehicle expenses. I entered 0 business miles, but TurboTax keeps forcing
me back into the Car & Truck Expenses section during final review and
won’t let me file. How can I remove the ...read more