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https://ttlc.intuit.com/replies/6382274
Please read the TurboTax FAQ, listed below, on how to connect to a live agent to help with your return.
https://ttlc.intuit.com/replies/6382274
Im dissabled. as sone as i put my income in i owe. if i change from married and joint, to married a seprate i dont owe. my wife worked , and i am dissabled on ssdi . i dont understand why my ssdi changed to the program when i in put my ssdi-ssa-1099. when i run married seprated, it changed largely. she filed years ago for secptration should i us this, insead of married and joint? chuck
and
You may qualify to file as an unmarried person (Single) if you are:
"Legally separated from your spouse under a divorce or separate maintenance decree. State law governs whether you are married or legally separated under a divorce or separate maintenance decree."
See IRS publication 17, page 21.
I think that you are saying that your social security is taxable if you file married filing separately?
I have resigned from an LLC that I established in 2004 with 2 friends and my wife. Very small, shoestring business, but one that is still functioning.
I contributed $8,000 as a no interest loan to get the business started in 04. We have been filing K-1's every year since. For the most part our K-1's have shown small losses (I retained 10% of the company and my wife has 4%. Last year my profit shown on K-1 was the largest ever $686.
While we paid taxes on our share of profits and filed losses over the years, all funds have remained with the company.
I resigned from the Company on Jan 1,2019. The most the Company could repay me on the original loan of $8,000 was $4,000. I accept that amount as final payment and transferred my 10% to the other 2 partners. My wife retains her 4%.
I took a $4,000 loss from this LLC. How can I enter that as a business loss on my 2019 taxes? Neither the original loan nor my loss has ever been recorded on my K-1's by the firm that does the taxes for this business.
You can report it as a sale of business property as the sale of a partnership interest.
To report it in TurboTax:
The following screens screens will walk you through the sale.
How do I file my 2018 taxes??
You can start with the link below to get the software.
My wife income is non taxable income from In home support services. Please have someone assist us in getting this resolved the our 2018 income tax shows this under the additional income portion as reversed. Please contact us at [phone number removed]. Thanks
You will need to amend your 2018 return. See this TurboTax FAQ for help with amending.
Were you told that your payments would not be taxable income under IRS Notice 2014-7?
It sounds like you would qualify for the exclusion of the W-2 box 1 amount from your taxable income.
IRS Notice 2014-7 can be found at this link. Click on the hyperlink Notice 2014-7 in the center of the page.
Certain Medicaid Waiver Payments for In-Home support services are excludable from gross income and should not be included in your earned income. This is the case even if you have received a W-2 for performing these services.
If you have received a W-2, this help explains how to enter the income and then remove it from your taxable income.
Be sure to retain all your documentation. The IRS is likely to ask questions about this income at some later time.
i got NOTHING...!!
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