About KittyM2

suzannevt7 · ‎March 8, 2022

I'M GOING TO POST IN CAPS SO PEOPLE WILL READ THIS. IF YOU HAVE ALREADY SENT IN YOUR TAXES THEN YOU HAVE TO DO AN AMEND FORM. BUT IF YOU HAVEN'T....THEN START A NEW TAX RETURN AND DON'T USE IMPORT W2'S. MANUALLY ENTER YOUR W2'S. THAT WILL FIX THE PROBLEM.

VolvoGirl · ‎January 31, 2022

@lchulock Sorry, You can not do 2017 and prior using Turbo Tax. They only sell the last 3 years. You might want to go to a local accountant or tax place if you have a complicated return. For simple returns you can fill out the forms by hand. And it is too late to get any refunds. Or If you have a simple return You can fill out the blank forms for free. Here is the IRS 2017 Form 1040 https://www.irs.gov/pub/irs-prior/f1040--2017.pdf And instructions https://www.irs.gov/pub/irs-prior/i1040gi--2017.pdf 1040A https://www.irs.gov/pub/irs-prior/f1040a--2017.pdf Instructions https://www.irs.gov/pub/irs-prior/i1040a--2017.pdf 1040EZ https://www.irs.gov/pub/irs-prior/f1040ez--2017.pdf Instructions https://www.irs.gov/pub/irs-prior/i1040ez--2017.pdf 2017 Tax Tables https://www.irs.gov/pub/irs-prior/i1040tt--2017.pdf Publication 17 Tax Guide for 2017 https://www.irs.gov/pub/irs-prior/p17--2017.pdf Don’t forget your state. And you will have to print and mail your returns. So be sure to attach copies of your W2s and any 1099s that have withholding on them. You have to mail federal and state in separate envelopes because they go to different places. Get a tracking number from the post office when you mail them for proof of filing. Important! Mail Federal and State in separate envelopes and mail each year in separate envelopes.

xmasbaby0 · ‎January 11, 2021

@bobsacard Are you trying to transfer your 2019 data to a new 2020 return? You have to do that transfer at the very beginning before you enter any 2020 information and you have to be in exactly the same account and user ID that you used for 2019. You have to access your own account and/or print it for yourself using exactly the same account and user ID that you used when you prepared the return. Many people have multiple TT accounts and forget how to access them. Log out of the account you are in now. Account recovery https://myturbotax.intuit.com/account-recovery/ https://ttlc.intuit.com/questions/1901535-forgot-your-turbotax-online-user-id-or-password How to transfer last year’s return? https://ttlc.intuit.com/questions/1900883

AmeliesUncle · ‎July 14, 2020

As I asked before, did you use the home for personal purposes?

KrisD15 · ‎March 20, 2020

For the W-9, you may use your EIN. Since this is given to private, non-secure sources, I would highly recommend using the company EIN rather than your Social Security Number. Additionally, your business is in dealings with the payer, not you personally. Estimated Taxes paid are reported on your personal Form 1040, not on schedule C. The estimates go towards your personal tax liability, not just your tax liability based on your business income. For all these reasons, your estimated tax payments should be paid attributed to your personal social security number.

KittyM2 · ‎January 20, 2020

You may only deduct expenses from the date it is placed in service and available to rent. Any assets you purchased prior to that date are added to the building and depreciated as one asset. Placed in Service You place property in service in a rental activity when it is ready and available for a specific use in that activity. Even if you aren’t using the property, it is in service when it is ready and available for its specific use. Example. On April 6, you purchased a house to use as residential rental property. You made extensive repairs to the house and had it ready for rent on July 5. You began to advertise the house for rent in July and actually rented it beginning September 1. The house is considered placed in service in July when it was ready and available for rent. You can begin to depreciate the house in July. Pub 527

KittyM2 · ‎January 20, 2020

You would make entries in the Deductions and Credits section of the program. The question will ask if you were affected by a natual disaster in 2019. However, the text advises you to enter "Yes" if it was declared between January 1, 2018 and February 18, 2020. See the screenshot below. You will only be able to take advantage of the deduction if you itemize. Casualty Losses Affected taxpayers in a federally declared disaster area have the option of claiming disaster-related casualty losses on their federal income tax return for either the year in which the event occurred, or the prior year. See Publication 547 for details. Individuals may deduct personal property losses that are not covered by insurance or other reimbursements. For details, see Form 4684, Casualties and Thefts and its Instructions.

KittyM2 · ‎January 17, 2020

Any employee should be paid by Form W-2. The IRS is very specific about what constitutes an employee or an Independent Contactor. You can still set yourself up to pay any taxes that should have been done throughout the year. You will need to make payments through EFTPS. That being said, his age has a lot to do with how he is taxed since he works in a family business. If he is under age 18, the payments are not subject to Social Security and Medicare taxes . . Please click this link Family Employees for more information.

KittyM2 · ‎January 14, 2020

You have several questions. I will address them in order: The IRS opens for electronic filing on January 27, 2020, but you may submit it now to TurboTax to be filed on opening day if you have all your original W-2's and other required documents. You may pay your filing fees with your refund at the time you efile. It is one of the three final steps in filing your return. If you don't have an HSA in 2019 (you can check Box 12 of your W-2 for Code W to be sure) you may delete the forms by following the instructions at this link How to delete Form 8889

Anonymous · ‎January 2, 2020

kind of late. estimated taxes were due 4/15/19, 6/15/19, 9/15/19. the next one is due 1/15/2020. in theory 1/4 of your total estimated tax was supposed to be paid each quarter to avoid penalty. however there are safe harbors where you wouldn't need to pay estimated taxes even though at tax time you could owe 10's of thousands of $ , the rule to avoid penalty in 2019 is for your withholding and timely estimated tax payments to be 100% of your 2018 tax. (110% of your 2018 tax if your 2018 adjusted gross income is $150,000 or more). if you are subject to penalties, the annualized installment method for calculating penalties might help. this is best for situations when your income is earned unevenly throughout the year and there's a huge bump later in the year. it will nor help if more of your income was earned in the early part of the year. for 2020, if you expect around the same amount of income as 2019, your choices are either to increase withholding or pay estimated taxes. estimated taxes are better because it allows you to hold on to your money longer. however, some taxpayers spend every nickle in their pocket. if you are one of these then withholding would be the way to go.

Date Registered	‎December 4, 2019 9:46 AM
Date Last Visited	‎April 17, 2020 2:09 PM
Total Messages Posted	50
Total Cheers Received	15

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