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IreneS
Level 14
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I am an Enrolled Agent and have been working in the tax preparation field since 2007.
Activity Feed for IreneS
- Got Cheered for No. You do not need to send AZ-8879 anywhere. Just sign.... Monday
- Got Cheered for Deductions for Volunteer Work. 3 weeks ago
- Got Cheered for It won't help. The number of e-files for a federal tax r.... 3 weeks ago
- Got Cheered for Yes. When you have finished creating the 1099s you will.... 4 weeks ago
- Got Cheered for Yes, but there are limits. Losses on your investments are.... December 8, 2020 6:58 PM
- Got Cheered for As long as the states are installed, they will ALL update.... December 8, 2020 11:31 AM
- Got Cheered for The VA Funding fee on the purchase of a personal residenc.... December 7, 2020 9:17 AM
- Got Cheered for Both credits can by claimed on your New York tax return..... December 6, 2020 6:28 PM
- Got Cheered for Generally, commuting is travel between your home and a wo.... November 9, 2020 1:38 AM
- Got Cheered for Do not mail in signature forms to Pennsylvania. TurboTax.... October 29, 2020 9:10 AM
- Got Cheered for Original basis (unadjusted basis) is simply what you paid.... October 27, 2020 6:54 PM
- Got Cheered for Yes, but there are limits. Losses on your investments are.... October 24, 2020 10:50 AM
- Got Cheered for Just enter zero (0) for all of those items. None of them.... October 19, 2020 10:06 PM
- Got Cheered for You calculated a $258 loss. There were certain expenses.... October 19, 2020 10:06 PM
- Got Cheered for Deductions for Volunteer Work. October 15, 2020 7:11 PM
- Got Cheered for Material participation depends not only on the time you w.... October 14, 2020 9:21 AM
- Got Cheered for Deductions for Volunteer Work. October 13, 2020 3:19 AM
- Got Cheered for Form 8962 - Premium Tax Credit (PTC). October 12, 2020 8:09 PM
- Got Cheered for PYA on Schedule E stands for "prior year adjustment." It.... October 11, 2020 4:00 PM
- Got Cheered for Original basis (unadjusted basis) is simply what you paid.... October 7, 2020 4:33 PM
April 8, 2020
9:28 AM
You're very welcome!
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April 8, 2020
9:22 AM
They must not have lived in your home during any part of July-December of the year.
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March 31, 2020
8:56 AM
UPDATED FOR TAX YEAR 2019 No - it doesn't matter when the payment is actually taken from your account, as long as it was authorized before the filing deadline. [Edited | 3/31/2020 | 8:40am PDT]
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March 31, 2020
8:43 AM
It doesn't matter how you describe the income, just so you recognized the entry.
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March 26, 2020
11:30 AM
You are correct - don't enter the health insurance premiums in the medical expense section if you got your insurance through the federal or state Marketplace (Obama-care). They will be taken into consideration when you enter your 1095-A form.
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March 17, 2020
1:09 PM
You are correct. I tried to edit my post but was unable, so I entered a new one.
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March 17, 2020
1:08 PM
In the 1041 return in TurboTax Business, enter the state withholding under Taxes. To do this: Click Federal Taxes > Deductions. In the Expenses, taxes and fees section, click the Start/Update box next to Taxes. On the next screen, Taxes, enter the State and local income taxes entered on the 1099-R. Make sure it's the screen that says "allocable to taxable income." See screenshot, below. [Edited | 3/17/2020 | 1:08pm PDT]
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January 16, 2020
10:47 AM
No - just include the amount you received.
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January 16, 2020
10:37 AM
This is an issue to be taken up with the Social Security Administration (SSA). Perhaps the payments continued because your girlfriend did not properly report her wages when she returned to work. For more information on wage reporting, please see this article on the SSA website: Update: Wage Reporting for People who Receive SSDI
Three courses of action come to mind:
File Form SSA-561, Request for Reconsideration
Call the SSA toll-free at 1-800-772-1213.
Go in person to a local Social Security office. To find one in your area, click on this link: SSA Local Office Locator
Hold off filing your girlfriend's tax return until the situation is resolved and the SSA issues you a revised SSA-1099. If your girlfriend is unable to resolve the issue before the tax deadline (April 15 or October 15 with an extension), file the return with the information you have. You can always amend the return later.
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