Economic Relief Legislation | TurboTax® Support

Tax law changes

Today the President signed the Inflation Reduction Act of 2022 into law, which includes new tax provisions, extensions, and expansions of tax benefits related to energy efficiency and healthcare. Here are some resources to help you understand the pro... read more

Need help with Wash Sales and MTM for upcoming year 2025 tax.

Hi, I have a few questions regarding the MTM accounting.Q1. Do I have to contact the IRS and get their approval first before making changes to my account?Q2. Do I have to file anything like form 475f or 3115?Q3. How do know if I'm a qualify trader? T... read more

Deadline to file in Florida extended to pay and file, is the IRA contribution also extended?

Hello all…As the subject states, since the time to file and pay in Florida has been extended to May 1st due to the hurricanes, is the time to contribute to an IRA also extended to May 1st? I’m seeing mixed answers…Any help would be appreciated.

Reporting capital gain on land sale overseas in Federal and California returns

While the message has be reposted to a more appropriate board, I'd still appreciate help on this board :I have a similar question as https://ttlc.intuit.com/community/taxes/discussion/reporting-capital-gains-on-sale-of-land-in-india-...It was a diffe... read more

why can't I e-file if

I have 0 income on 1040 and it wont let me e-file because of this. I have a 0 there because my 1099nec income was less than my expenses, thus making the 0 on 1040. how can I fix so I can e-file?

1099k/1099nec reporting

So on mine the 1099k has alot more income than the 1099nec so I use the 1099k income because it includes the 1099nec income is what you're saying

Schedule K-1 11S STCG and LTCG reporting

I have a final schedule K-1 with box L showing Box 11.ZZ amount + STCG + LTCG - Investment interest expenseBox 11.S is set STCG + LTCG.Box 11.ZZ is DIVIDEND INCOME + INTEREST INCOME - MANAGEMENT FEES - OTHER DEDUCTIONS + OTHER INCOMEI am unable to en... read more

Second Lowest Cost Silver Plan (SLCSP) Percentage after Divorce

My divorce was finalized 10/2024, but my ex-spouse was still on my insurance until 12/2024. How do I calculate my percentage of the SLCSP? I was the primary person paying for the premiums every month. My spouse had no income for 2024

How to enter CT PFL 1099G that was for medical leave and exclude from income

Working on my sons return. He works for Electric Boat in CT and his 2024 W2 shows that they withheld 0.5% of his social security wages to CT PFL. This indicates to me after tax payment. He received a 1099G from the Continental American Insurance Comp... read more

reporting sale of foreign property (second home) in Turbo Tax Online

Sold a Foreign property (second home) and need help with some tax filing questions. * Can a capital loss in foreign tax filing ( india) reflected in US tax return?? I assume NO.. Even though, it was reported as capital loss in the foreign tax return,... read more

IP PIN

So just confused by the information being given and explained. So went to file my taxes for the first time in 3 years i think (i have not had to with my income not being enough to file) and everything went fine while filing with turbotax but then i g... read more

Inherited Roth IRA from parent in 2014

I inherited a Roth IRA from my Dad in 2014 (he was 82) and have been taking the required RMD. This year Turbo tax is asking for the required RMD amount on a RMD Excess Accumulation Worksheet and when I enter the amount it lowers my tax refund. I thou... read more

Old CP32A notice (3rd Stimulus Check) from 2022 still eligible? (Found in March 2025)

So extenuating circumstances led me to accessing this letter in March of 2025. I knew I never cashed this check because it went to the address of someone that intentionally withheld the check. I called the number today and after 4 painful hours of ge... read more

Employee Working From Home

I am not self-employed, I work for a corporation whose employees all work from home. We do not have a home office to go to. I do have some minor expenses every year such as print ink, paper, internet costs, etc that I do not get re-imbursed for. I am... read more