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The IRS applies late penalties and interest on a case-by-case basis and will send a separate bill if penalties apply. Because the IRS has the last word on penalties, we can't calculate the exact amount if your return is late. But the info below will ... read more
The federal Standard Deduction is a fixed dollar amount, based on your filing status and age, that the IRS lets you take off (deduct) from your taxable income. On the other hand, the itemized deduction allows you to list (itemize) your deductions on ... read more
We're in your corner to help you navigate your taxes this year. Here are the steps you can take now to improve your situation. 1. File your taxes by April 15 You are allowed to file your taxes without paying the tax you owe. If you send your tax retu... read more
Real estate tax and property tax are the same thing. The IRS uses the term "real estate tax", but most people call it "property tax". Property (real estate) tax is charged on immovable property—land and structures that are permanently attached to the... read more
If you're using TurboTax Online, you may encounter the error Your calculations cannot be completed at this time: Ref Code 4-384-143. Sign up We're aware of the issue and working on a fix that's estimated to be released by August 28, 2019. Sign up for... read more
Sign in to TurboTax. In Tax Home under Your tax returns & documents, select Amend (change) return, and then select Amend Using TurboTax Online. Select TurboTax sent me an email, and then select Amending my return to fix info. Select 2018 Colorado ret... read more
Launch TurboTax and open your 2018 return. Select File and Save As. Add amended 2018 CO return to the file name before you update TurboTax to preserve the original return. Select Online and Check for Updates. Allow the program to update if any are av... read more
If you're using TurboTax Online, the upgrade button, typically located on the left menu bar, may be is missing. Who is impacted? You're affected if: You're using TurboTax Free Edition, TurboTax Basic Live, TurboTax Deluxe, TurboTax Deluxe Live, Turbo... read more
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