Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
New Member
posted Jan 21, 2025 1:38:30 PM

Complicated this year. Not sure how to proceed and what docs

During 2024 I sold my house in May in Virginia and moved to Georgia where I now have an apartment. I am 75 years old. I settled a $118,000 tax bill with Feds. I settled with Virginia for same reason but they applied a refund I received as payment. I settled and had written off some credit card balances. Can TT help me with that stuff or should I sign up with one of your experts? Thank you. Dennis

0 1 2322
1 Replies
Expert Alumni
Jan 21, 2025 3:18:57 PM

 

Yes, TurboTax can help you with reporting the sale of your house, settling tax bills, and handling credit card debt forgiveness.  TurboTax DIY- Do-It-Yourself lets you file your taxes independently with step-by-step guidance.

 

Here are some helpful IRS resources related to your situation

Given the complexity of your situation, you may benefit from TurboTax Live: