Report your total 401K contributions in your Federal return.  This reduces your taxable income, and this amount is often where a State return begins, so you don't get an additional state deduction for your 401K.   If you file a Schedule C for Self Employment, your total 401K contribution is a business expense that is calculated into your Net Profit or Loss amount on your Federal Form 1040, so again does not get entered separately into a state return.    Here's how to enter your Self-Employed 401K Contrbution:   1.  Income & Expenses (Do not go into the "Self Employment" section) 2.  At the bottom, "See list of all income" 3.  Pick "Self-Employment Retirement Plans"   You would report all your income in your Resident State, and get credit for Taxes Paid to Other States.     Click the link for more detailed info on Reporting Income in Multiple States     ... View more

    Form 8379 lets you (the "injured spouse") get back your portion of a jointly-filed refund if it has been (or will be) seized or offset to pay your spouse's debt.   You must file jointly to use this form. Filing a Form 8379 will delay your federal refund by up to 14 weeks.   To file this form in TurboTax: Open or continue your return. In the search box, enter injured spouse and then select the Jump to link in the search results. Answer Yes to Do you want to claim innocent or injured spouse relief? and carefully follow the onscreen instructions. Note: Pay close attention to the screens, as some of them apply to Innocent Spouse (Form 8857) which is different. Leave those questions blank if you only want to claim injured spouse relief.   Here's more info on the difference between Injured Spouse and Innocent Spouse.     Click this link for additional info for filling out Form 8379, Injured Spouse.                     ... View more

Yes, Form 8962 for the Premium Tax Credit, does take dependent income into consideration, if they are required to file a tax return.    If your student files their own return but is included on your insurance policy,  check the box indicating 'I shared this policy with someone who is not on my return' when entering your 1095-A.    TurboTax asks for their SSN and the % of the policy premium you want to allocate to them and then calculates the PTC.    If your student is your dependent and does not file their own return,  their income is obviously under the dependent threshhold income amount.   In that case, and if your household income does not exceed 400% FPL, TurboTax may not ask for the amount of dependent income directly.   You can view Form 8962 in TurboTax to check the entries when you View/Print your return.   This income is shown on Line 2b of Form 8962.  Click the link for a copy Form 8962.   Click the link for further detail on Page 6 of the IRS Instructions for Line 2b of Form 8962.  ... View more

NOL Carryover   Type 'nol ' in the Search window, then click on 'Jump to NOL '.   IRS Publication 536  provides worksheets and examples for you to follow, step by step. It also explains adjustments that you may need to make to your net operating loss as you carry it from year to year.    Home Office    If you don't qualify for a Home Office deduction, you can still report your business income, your carryover loss, and claim other business expenses.   Type 'schedule C' in the Search window, then 'Jump to Schedule C' to get to the Business section.   Review this IRS website for  Home Office Eligibility           ... View more

Type 'SSA1099' in the Search window, then 'Jump to SSA1099' to get started.   Enter the info from your SSA-1099 into TurboTax and Continue The next screen asks if you had any 'lump sum payments'; say Yes and Continue Enter the first lump-sum payment year and amount Click on 'Add Another Lump Sum Payment' until you have entered all the years shown on your 1099. If the Year is not designated prior to 2015, you could use 2014.  You will not be taxed on the lump-sum payments in 2019 You will not need to go back and Amend any prior-year returns You can enter Lump Sum Payments from 1984 through 2018.  Enter $0  if your Social Security income was not taxable for the years you received the Lump Sum Payments, and enter $0 if no Adjustments were made on those years.   Click the link for more info on Lump Sum Payments.           ... View more

If you installed a window air conditioner, for instance, you could deduct the cost under Rental Expenses.   If you installed a central air conditioning system ,however, that is considered a Capital Improvement and would be depreciated for 27.5 years, the same as the rental property itself.   If this is your situation, here's info on how to add an improvement as a Rental Asset.    Go to Assets/Depreciation from the Rental Summary screen.     You may have the option to expense certain improvements under the Safe Harbor Election for Small Taxpayers. When you begin the Assets/Depreciation section, TurboTax will ask you about this. If you want to deduct the cost fully this year, answer "yes" to include the this election on your return.   If your improvements don't qualify, or you simply wish to depreciate the cost over 27.5 years, continue through the Depreciation interview to set up a new asset.   More detailed information on rental expenses can be found at https://www.irs.gov/taxtopics/tc414.           ... View more

As a US citizen, you are required to report your world-wide income.  However, you may be able to exclude all or part of your foreign income and therefore would not be taxed on it.   If you do have to report your foreign income, you will get credit for Foreign Tax Paid on that income, so that you are not double-taxed on the same income.   Click the link for more detailed info on Foreign Tax Credit.   Here's how to get individualized help from a TurboTax Live Expert.  Since you have investments, you should probably use the Live Premier product.        ... View more

For most qualified education program beneficiaries, the amounts reported on the 1099-Q aren’t reported on a tax return.  If the prepaid tuition distribution was used only to pay for qualified education expenses, the amount in Box 1 on the 1098-T is considered to be paid by you.    You are correct that the excess scholarship amount is taxable (difference between Box 1 and Box 5), offset by any other expenses you add that are not included in the Box 1 Tuition amount on the 1098-T (books and fees).    You would not be eligible for AOTC since the 1098-T indicates that you received more scholarship than you paid.  Only prepaid tuition distributions can be used for room and board.    Here's a more detailed Guide to IRS Form 1099-Q.                     ... View more

If you want to use the Standard Mileage expense, you will need to set up your vehicle as an  Business Asset.  Part of the mileage rate includes depreciation, which is why you are asked how much you paid for the vehicle, when you started using it for business, etc.   If you stopped using the vehicle for business, you may need to recapture some of the depreciation expense you claimed previously.   However, for a one-time trip to visit your rental property, you could claim your gasoline expense (NOT mileage) under Rental Expenses, Travel Expenses, along with any other business-related trip expenses.   If the trip was partly for pleasure, the expenses would need to be prorated accordingly.    Type 'rental expenses' in the Search window, then 'Jump to Rental Expenses'.   Choose EDIT at the Rental and Royalty Summary page, then UPDATE next to Expenses.    Click on 'I'll choose what I work on' and the next screen titled 'Enter Common Expenses'  will have an entry area for Travel.   Here's more detailed info on Rental Property Expenses.          ... View more

Yes, you can claim Vehicle Expenses for both cars that you used for Uber even though the titles are in your spouse's name, since you are legally married and residing in the same household.   .   TurboTax will ask in the Vehicle Expenses section whether you own the vehicle, and  you can indicate YES.    Generally you will be better off claiming Standard Mileage rather than Actual Expenses for your rideshare business.    TurboTax will guide you through entering all your vehicle expenses (including lease payments) to see which method gets you a higher deduction.    Remember, though, that if you use Actual Expenses the first year of your business, you will need to continue using that method.    Here's more detailed info to help you with Business Vehicle Expenses.  ... View more