It should be available 24 hours after the IRS approves TurboTax to use the form. Currently, the IRS has not finalized the form. Here is the IRS web page to check the status of form 8995A:  Available Forms and Limitations . Scroll down to Form 8995-A. 02/28 ... View more

It should be available 24 hours after the IRS approves TurboTax to use the form. Currently, the IRS has not finalized the form. Here is the IRS web page to check the status of form 8995A:  Available Forms and Limitations . Scroll down to Form 8995-A. ... View more

If you drive for a  rideshare  company like Uber or Lyft, you'll use the same  business  activity  code  as taxi and limousine drivers. The  code  is 485300 ... View more

I see you are using Online, Did you by chance accidentally upgrade to Live service? ... View more

What this means is that you have set the depreciation value to high in comparison to what the vehicle is worth. What you can do is: 1.       Delete the vehicle and start over again 2.       Add it back in with its original service date. 3.       Calculate your estimated depreciation per year based on miles used for business Also try these fixes: Go back to the sale of vehicle and delete any numbers in the AMT section. or In Smart check, when the worksheet is displayed, right click on the field (Line 50 and/or Line 51). From the dropdown menu displayed, select "Override". You should then be able to enter any number that you want. Depreciation assumes that assets used to generate business income will wear out, get used up, or become increasingly obsolete over a period of time. For taxation purposes, depreciation lets you deduct the "used up" portion of that asset's cost every year, until the entire cost is used up or the business no longer owns the asset. You cannot claim more in depreciation than the value of the item. In this case, your vehicle. The prior AMT depreciation would be the same as the prior regular depreciation if the depreciation was calculated by using the standard mileage deduction.   It would also be the same if, when you depreciated the vehicle using the actual costs (fuel, tires, etc.). rather than the standard mileage, you chose a straight line depreciation method. (This is explained in the screens entitled "Let's Figure Out How to Deduct Your Vehicle Costs" and "Section 179 Deduction" which includes a link to on-demand tax guidance about the depreciation deductions you had used for your vehicle in the past). If you don't remember, that's OK, use the defaults presented in TurboTax. If you've had the vehicle longer than 5 years, it would be fully depreciated under both the regular and AMT methods. To get back to this in TurboTax: ·         Under "Business Income and Expenses" select start/update next to Profit or Loss from Business ·         Click "edit" on the Business Summary Scroll down to business expenses section, and click update next to "Business Vehicle Expense" Refer to   IRS Publication 946, How to Depreciate Property    if you require more detailed, in-depth information. ... View more

What this means is that you have set the depreciation value to high in comparison to what the vehicle is worth. What you can do is: 1.       Delete the vehicle and start over again 2.       Add it back in with its original service date. 3.       Calculate your estimated depreciation per year based on miles used for business Also try these fixes: Go back to the sale of vehicle and delete any numbers in the AMT section. or In Smart check, when the worksheet is displayed, right click on the field (Line 50 and/or Line 51). From the dropdown menu displayed, select "Override". You should then be able to enter any number that you want. Depreciation assumes that assets used to generate business income will wear out, get used up, or become increasingly obsolete over a period of time. For taxation purposes, depreciation lets you deduct the "used up" portion of that asset's cost every year, until the entire cost is used up or the business no longer owns the asset. You cannot claim more in depreciation than the value of the item. In this case, your vehicle. The prior AMT depreciation would be the same as the prior regular depreciation if the depreciation was calculated by using the standard mileage deduction.   It would also be the same if, when you depreciated the vehicle using the actual costs (fuel, tires, etc.). rather than the standard mileage, you chose a straight line depreciation method. (This is explained in the screens entitled "Let's Figure Out How to Deduct Your Vehicle Costs" and "Section 179 Deduction" which includes a link to on-demand tax guidance about the depreciation deductions you had used for your vehicle in the past). If you don't remember, that's OK, use the defaults presented in TurboTax. If you've had the vehicle longer than 5 years, it would be fully depreciated under both the regular and AMT methods. To get back to this in TurboTax: ·         Under "Business Income and Expenses" select start/update next to Profit or Loss from Business ·         Click "edit" on the Business Summary Scroll down to business expenses section, and click update next to "Business Vehicle Expense" Refer to   IRS Publication 946, How to Depreciate Property    if you require more detailed, in-depth information. ... View more

Turbo Tax can help you complete a form 8962   if you have received a letter from the IRS asking for an update.  Be sure to check if the letter references tax year 2017, 2016, or 2015. The form should have been generated when you entered your 1095-A into the Health Insurance section of Turbo Tax, but if for some reason it was not entered, these are the step-by-step instructions to add them. https://ttlc.intuit.com/replies/6136902 ... View more

Went back to the section for W2 and there are no W2s entered ... View more