If you made this entry through the Form 1098 mortgage statement you can take the following steps: With your TurboTax account open search (upper right) for 1098 and select the Jump to link in the search results. Follow the prompts to enter your 1098 info by changing the property tax box (see the image attached for your assistance) If you made the entry directly into the property tax box under Deductions & Credits With your TurboTax account open search (upper right) for property tax and select the Jump to link in the search results. Follow the prompts to correct your property tax entry (see image below) ... View more

The best advice is for you to change the mortgage balance for the loan that was paid off, then put the correct outstanding mortgage principal in the refinanced or current mortgage.  If you are required to enter an amount you can use $1 in the loan that was paid off (it appears this may need to be entered). ... View more

Yes, you can use your 2019 earned income if that is more beneficial on the 2020 tax return.. The earned income tax credit (EITC) can be calculated on either the 2019 earned income or the 2020 earned income and the choice is yours. It is completed on the 2020 tax return.   Yes, TurboTax will walk you through the steps and allow you to choose 2019 earned income or 2020 earned income.  Try it both ways to see which is best and then be sure you verify which you should use.  Then confirm you have selected the correct response for the year you want to use. It is ready and functioning correctly in TurboTax. See the steps to entry and the image below for assistance. Sign into your TurboTax account > Select Search at the top right Type EITC > Select Jump to EITC  The earned income tax credit (EITC) is calculated on a scale based on marital status and number of dependents. If you fall into the mid-range of income, in both tax years, the outcome may not vary much at all.   The income starts at $0 through a maximum of $56,844 based on marital status, number of dependents. The mid range of that earned income for any marital status provides the highest EITC, and reduced or increased earned income from that point will reduce the EITC. Example: Married with three children | The maximum credit is the same between the following wage amounts: $14,550 - $24,850 * EITC Table in  IRS Publication 593, page 31 . EITC 2020  * Using 2019 publication figures, 2020 publication has not yet been released by the IRS . ... View more

The property or real estate tax has an entry in the Form 1098, although it is not marked as 'Box 10'.   On the Form 1098 in TurboTax online there is a box to enter Property (real estate) Tax. With your return open, search for 1098 and select the Jump to link in the search results. Follow the instructions to enter your 1098 info and see the image attached for your assistance ... View more

The income can be entered directly, without using the 1099-NEC or 1099-MISC. The following steps will help. Sign into your TurboTax account > Select Wages & Income Scroll to Rental Properties and Royalties (Sch E) > Edit/Add Select Add/Edit beside Rental Income Enter your total rental receipts for 2020 Retain your Form 1099-NEC with your files.   It's possible to request a corrected form from the payer.    The Form 1099-NEC is to be used for services rendered by you as an independent contractor only, not rental income. The purpose of the new Form 1099-NEC is to report nonemployee compensation only.  This form is to be submitted to the IRS no later than January 31st, which is why they separated it from Form 1099-MISC.    Form 1099-MISC is for rental income and other types of income. Other payments on Form 1099-MISC are not due to be submitted to the IRS until later. ... View more

Yes, you need to file a tax return in each state where you physically worked as a part year resident.   As far as filing jointly, state law may dictate that and it may be easiest to file separately.  Most states allow you to file jointly even if both of you do not have the same residency status, however some state require that you file separately if your residency status is not the same.  Click  here  for specific details by selecting each state . You will want to use the method that results in the lowest overall tax.   If you find that filing jointly is allowed for all states you must file, then you will be allowed a credit for taxes paid to other state for the amount of tax liability for each other state, on the DC return filed jointly with your husband. In your case it would be for MA and NY.  A credit for taxes paid to another state is the lower of the tax paid (liability) to the other state or the tax that would have been charged on the resident state (DC) return.   If you file separately, then there is no credit on either DC return.   See the example below where you would enter a credit on the DC return filed jointly. ... View more

It depends.  If you are referring to the number needed on your W-2, box 15 you can use the federal employer identification number if your state number is not listed.   If you are looking for the state identification number for your Form 1099G, you may be able to obtain that information from the PA Unemployment Division.  ... View more

It depends. Let's take each question separately. If you work for an employer whose office in New York (NY), but you physically work in DC, where you live, then all income is taxed to DC. On the other hand if you physically go to New York to work, then you would file a NY State return as a nonresident and pay tax on only the income earned while working in NY.  If you file as a nonresident, then only your W-2 would have NY in the state boxes which would carry to the NY return.  By entering the correct state information on your husband's W-2, and by selecting Nonresident on the NY return, then TurboTax will automatically omit the taxing of his income. During the interview both at the beginning where it asks if you had income from another state, and in the DC portion, it will allow you to enter a credit for taxes paid to another state. View the images below for nonresidency and credit for taxes paid to another state Unless your state has special rules you should be able to file jointly on both returns.  Click here for specific details by selecting each state. ... View more