IreneS
Level 14
Member profile
I am an Enrolled Agent and have been working in the tax preparation field since 2007.
Activity Feed for IreneS
- Got Cheered for Maybe. You can no longer claim him as a "Qualifying Chil.... Monday
- Got Cheered for To enter your non-taxable interest income from municipal.... a week ago
- Got Cheered for TurboTax Premier version needed to enter K-1s. a week ago
- Got Cheered for Form 8962 - Premium Tax Credit (PTC). 2 weeks ago
- Got Cheered for No. The only reason to file a DC return is to get back an.... 3 weeks ago
- Got Cheered for Yes. You can deduct the amount you paid for COBRA premiu.... 3 weeks ago
- Got Cheered for Original basis (unadjusted basis) is simply what you paid.... 3 weeks ago
- Got Cheered for Form 8962 - Premium Tax Credit (PTC). August 26, 2020 8:19 AM
- Got Cheered for First enter the federal K-1. Georgia does not have an act.... August 16, 2020 9:20 AM
- Got Cheered for Occupational tax no longer deductible. July 30, 2020 7:30 PM
- Got Cheered for The Taxes and Licenses category includes items like the f.... July 30, 2020 11:41 AM
- Got Cheered for To get back to the K-1 entry to enter amounts shown under.... July 19, 2020 1:41 AM
- Got Cheered for Yes. TurboTax calculates the self-employment tax as part.... July 16, 2020 8:25 AM
- Got Cheered for To enter contributions to your Self Employed Profit Shari.... July 15, 2020 9:02 PM
- Got Cheered for As SuperUser bwa explains: Most expenses at closing on th.... July 15, 2020 3:17 PM
- Got Cheered for For vehicles used in your business you can either take mi.... July 15, 2020 12:30 PM
- Got Cheered for I'm sorry for your loss. Print out the return and sign yo.... July 15, 2020 9:16 AM
- Got Cheered for Re: Actually you do need to report the exercise of ISO stock.... July 15, 2020 6:37 AM
- Got Cheered for You can enter the interest reported on a 1099-INT as Othe.... July 14, 2020 7:28 PM
- Got Cheered for Yes - You must file an IL S-Corp return, even though you.... July 14, 2020 12:28 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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