If you sold investments, received a K-1, own rental property, or refinanced your mortgage, then TurboTax Premier is right for you! You can also get CPA or EA advice along the way and a final review of your return before filing with TurboTax Live Premier.   Premier has the extra guidance you need to accurately report your cost basis and investment income, rental depreciation, and refinance-related expenses. Learn what else TurboTax Premier and TurboTax Live Premier have to offer. Source: Is TurboTax Premier Online right for me? If you want to use the TurboTax CD\Download version, you may use  Deluxe ,  Premier , or  Home & Business .   Note: The higher the version, the more step-by-step guidance you'll receive.    Related information: What's the difference between TurboTax Online and the TurboTax CD/Download? ... View more

We need more information. Please reply where you live. Where is your residency, Missouri or Kansas? We know you work in KS but your main headquarters are in MO.   Where you live will determine where you need to pay income tax.    Please see the following TurboTax FAQ: What is my state residency status?     ... View more

Yes, you need to enter the 1099-S form on your tax return. The IRS was sent a copy and they will be looking for it on your tax return.    If this was her personal residence, she won't be able to deduct the loss on her income tax return. Personal losses are not deductible.   To enter the 1099-S. see the information below:   Sale of your main home: If the 1099-S was for the sale of your main home, it’s reported under Less Common Income in the Wages & Income section. Here's how to enter the form: Open or continue your return. Type sale of home in the Search box. Select the Jump to link in the search results. Follow the screens to enter the info from your 1099-S. Profits of up to $250,000 ($500,000 on a joint return) on the sale of your home may not be taxable if it was your primary residence for two of the last five years. We’ll ask you some questions about the sale of your home to see if you qualify. Other real estate sales If your 1099-S wasn’t for the sale of your main home, select the option below for step-by-step instructions: Sale of a second home, an inherited home, or land Sale of a rental property Sale of standing timber ... View more

Enter them under household goods. What matters is that you have a receipt for your donations.   To enter your 2019 charitable donations in TurboTax, you have two options:  Enter your charitable donations in our free ItsDeductible program which is available year-round. When tax time comes, simply import your donations from ItsDeductible into TurboTax. Manually enter your charitable donations directly into TurboTax: Open your return in TurboTax. In the search box, search for donations and then select the Jump to link in the search results. Answer Yes to Do you want to enter your donations for 2019? Follow the instructions to enter your donations. ... View more

If you're a victim of identity theft and someone else has used your Social Security number, you won't be able to e-file.    Also, contact us right away. You will also want to: Most importantly, follow the IRS procedures for reporting a fraudulent return.  Monitor your credit reports through TransUnion, Equifax, and Experian for any suspicious activity. File a police report with your local law enforcement agency. File a complaint with the Federal Trade Commission (FTC) at Identitytheft.gov or the FTC Identity Theft Hotline at 1-877-438-4338 or TTY 1-866-653-4261.  If your Social Security number is compromised and you know or suspect you are a victim of tax-related identity theft, take these additional steps: Respond immediately to any IRS notice; call the number provided Complete IRS Form 14039, Identity Theft Affidavit and print and mail or fax according to the instructions Continue to pay your taxes and file your tax return, even if you must do so by paper Additional Resources   Related Information: I got a call from the IRS demanding money. Is this a scam? I received a TurboTax email or text message, addressed to a stranger. Do I need to worry? How can I protect the tax files on my computer? If you believe you have been a victim of tax-related identity theft, contact us right away. You will also want to: Most importantly, follow the IRS procedures for reporting a fraudulent return.  Monitor your credit reports through TransUnion, Equifax, and Experian for any suspicious activity. File a police report with your local law enforcement agency. File a complaint with the Federal Trade Commission (FTC) at Identitytheft.gov or the FTC Identity Theft Hotline at 1-877-438-4338 or TTY 1-866-653-4261.  If your Social Security number is compromised and you know or suspect you are a victim of tax-related identity theft, take these additional steps: Respond immediately to any IRS notice; call the number provided Complete IRS Form 14039, Identity Theft Affidavit and print and mail or fax according to the instructions Continue to pay your taxes and file your tax return, even if you must do so by paper Continue to pay your taxes and file your tax return, even if you must do so by paper Additional Resources Source: What to do if you suspect tax-related identity theft ... View more

You received the dividend as a nominee. You'll be able to adjust the amount. As you enter your 1099-DIV, you'll get the "Tell us if any of these uncommon situations apply to you screen". Answer, "I need to adjust these dividends, I need to adjust these dividends". Continue with the onscreen interview until complete. ... View more

Enter the 20% on your Schedule C, under Commissions and Fees. The 20% will be deducted from your income.   We'll automatically complete Schedule C or C-EZ when you set up your self-employment work in TurboTax or when you enter what the IRS considers self-employment income (it’s often reported on a 1099-MISC).   Schedules C and C-EZ are supported in TurboTax Self-Employed (both online and in the mobile app) and in all personal 1040 versions of the TurboTax CD/Download software.   To set up your business: Open or continue your return. Search for schedule c and select the Jump to link in the search results. Answer Yes to Did you have any self-employment income or expenses? and follow the instructions. If you've already entered self-employment work and need to enter more, select Add another line of work. If you need Schedule C to report a 1099-MISC, search for 1099-misc and select the Jump to link. Answer Yes to Did you get a 1099-MISC? and follow these directions. We'll ask questions to find out if the income needs to go on Schedule C or C-EZ and add the right schedule to your return (if needed). If your return only requires Schedule C-EZ, we'll generate Schedule C  for calculation purposes. It won't be filed with your return.   ... View more

Neither is more advantageous. Both are interest income and get added to your income.  ... View more

The following is a known error:Error: "Household Member SSN is Invalid" in Michigan state review   TurboTax customers filing the Michigan Heating Credit may receive the following message in the error-check section their Michigan returns:   Check This Entry:   Household Member SSN is Invalid   Follow This Issue   We're expecting to resolve this issue on or around February 14.   If you would like to stay up to date on this issue you can sign up for email notifications here. ... View more

If you have TurboTax Deluxe or higher, importing your ItsDeductible donations is easy. Here’s how: Open or continue your return in TurboTax. Search for donations and select the Jump to link. Answer Yes to Did you make any donations to charity?  On the next screen, answer Yes toDo you have an account with ItsDeductible Online? Your donations will automatically load as long as you're using the same account for both ItsDeductible and TurboTax. On the next screen, select which donations you want to import and select Import Now. Select Continue and review your charities on the next screen. If you make changes to Its Deductible and want to import again, start again at step 2 above. Note: TurboTax Free Edition and TurboTax Live Basic don't support Schedule A, which you’ll need to report charitable donations in ItsDeductible.   Related Information: How do I upgrade or switch to a higher version of TurboTax Online? How and where does Its Deductible obtain its values? ... View more