NYS requires efile it's a law. I need to find a way to do this.
If turbo telling me I can't be filed my returns how can turbo help me to mail in my return because I haven't got my W2 I moved to another state can you help me please
The solution may be the W-2, Box 14, Code K. Change the code from "NY Tax Exempt"" to "Subject to NY Tax". Then go to File Section. Go through up until the last page that has Transmit my return. Don't transmit the return.
Once you get to this page, Go back to the W-2 and change Box 14 Code back to "NY Tax Exempt"
Now go back to File Section and you should be able to efile your return.
Hello I'm trying to file my 2019 taxes but it's telling me that I have to pay for it and then mail it in but when I look online and I ask the question can I still do my 2019 taxes electronically for free it says yes I can.... I'm confused. Please help.
You can no longer use free TurboTax to do your 2019 taxes and you cannot use TurboTax to efile 2019 taxes. To do 2019 taxes with TurboTax you will need to putchase the download or CD and do the taxes on a computer.
Then you will have to print and mail the return. Even though NY says that they do not want paper tax returns, they will accept your mailed return.
Turbotax does not accept that I have zero withdrawal from my SEP, which is permitted as a corona virus withdrawal
Not exactly. There is still tax on withdrawals. By definition, a withdrawal would be more than 0.
The corona virus legislation allows the tax to be paid ratably over 3 years and forgives the 10% early withdrawal.
For more information, see: Coronavirus-related relief for retirement plans and IRAs questions and answers which includes the following:
Q4. What is a coronavirus-related distribution?
A4. A coronavirus-related distribution is a distribution that is made from an eligible retirement plan to a qualified individual from January 1, 2020, to December 30, 2020, up to an aggregate limit of $100,000 from all plans and IRAs.
Q5. Do I have to pay the 10% additional tax on a coronavirus-related distribution from my retirement plan or IRA?
A5. No, the 10% additional tax on early distributions does not apply to any coronavirus-related distribution.
Q6. When do I have to pay taxes on coronavirus-related distributions?
A6. The distributions generally are included in income ratably over a three-year period, starting with the year in which you receive your distribution. For example, if you receive a $9,000 coronavirus-related distribution in 2020, you would report $3,000 in income on your federal income tax return for each of 2020, 2021, and 2022. However, you have the option of including the entire distribution in your income for the year of the distribution.
There's no such thing as a Zero withdrawal. For tax purposes, the amount of your withdrawal is still considered taxable income. Depending on the circumstances for the withdrawal, will determine how that withdrawal is taxed. Example, if it was a Covid Withdrawal, then at minimum, you may be entitled to a waiver of the Early Withdrawal penalty. Regardless of the penalty, 100% of a Covid distribution is taxable income. Your options would then be either pay taxes on 100% of the withdrawal in 2020 or you can spread out the distribution amount into 1/3 over the next three years so you'll not hit by all that income tax at once. OR you can get out of paying income tax all together on the entire distribution amount by repaying 100% of the distribution back into your retirement account over the next three years.
Turbo Tax says electronic filing not available? IRS says they accept returns starting Jan 22?? Why doesn't Turbo Tac file it?
What is the exact message being received in Turbo Tax? in the meantime you may review IRS forms availability as well as state forms availability to ensure that all your forms are available and supported by e-file @tim-parker1956.
Something to the effect "Electronic Filing not available yet"
I purchased the Software. I have updated teh software. If forms unavaiable, then why wouldn't INTUIT or TURBO TAX Support knoiw th answer. Taxes not complicated.
Electronic filing in general is available; it could potentially be related to one of your forms. When you are able, please provide us with either a screenshot of the error message (showing no personal information) or the exact verbiage so that we may appropriately assist @tim-parker1956.
I'm having the same issue. The error says
Your Transmission didn't go through
We could not e-file your return for the following reason:
Tax Year 2021 Transmissions are not available.
Some forms may not be available which can cause this message. Please see the Help Article here for State Form Availability and IRS Form Availability.
Question, If I was supposed to print and mail my return but I never did, Am I able to efile a new return instead of trying to mail that one. Reason is that I want to make changes but technically it was never mail so they don't have it. Can I e-file now and disregard that one ? Please advise.
No ... it is too late to efile a prior year return. If you need to make changes you have to download the .tax2022 file and install the downloaded programs to make any changes before you print, ink sign and mail in the return.
Its really getting too complicated , do you think is possible that I can do it going to a Income tax place and efile for 2021 since I never mailed my return, IRS doesnt have it so I can just go somewhere and efile ?