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IreneS
Intuit Alumni
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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 Normally gambling winnings are reported on form W-2G. Ho.... Saturday
- Got Cheered for If you meet the requirements, you can exclude up to $100,.... Friday
- Got Cheered for Below are the steps to enter the Regulated Futures Contra.... a week ago
- Got Cheered for No -- You can't net the amounts. They are reported in di.... 2 weeks ago
- Got Cheered for Section 465 (d) carryover refers to the at-risk rules of.... September 8, 2021 10:59 AM
- Got Cheered for Select Disposition was not via sale since it was a merger.. August 26, 2021 9:09 PM
- Got Cheered for Probably not. Your mother-in-law's income may disqualify.... August 20, 2021 12:55 PM
- Got Cheered for Yes. According to the IRS instructions for Form 5695:.... July 19, 2021 9:43 AM
- Got Cheered for No -- not if this is your principal residence. Improvemen.... July 15, 2021 5:42 AM
- Got Cheered for No. Not unless the estate is required to file a return (.... July 14, 2021 2:05 PM
- Got Cheered for Since the property was sold while it was in the estate, t.... July 14, 2021 2:03 PM
- Got Cheered for According to the IRS instructions for Form 8379 - Injured.... June 29, 2021 3:39 PM
- Got Cheered for Assuming that your LLC is a single-member LLC, enter the.... June 11, 2021 7:50 AM
- Got Cheered for If you entered the withholding correctly on the K-1, the.... June 6, 2021 12:28 PM
- Got Cheered for Your method won't put the tax in the correct place. Make.... June 6, 2021 12:25 PM
- Got Cheered for That value usually comes from the prior year Form 1065, S.... May 29, 2021 6:28 PM
- Got Cheered for No. Since the K-1 is reporting a deduction and not incom.... May 29, 2021 8:17 AM
- Got Cheered for There are actually two similar elections you can take--th.... May 27, 2021 7:59 AM
- Got Cheered for It depends on whether you receive cash payments or a shar.... May 23, 2021 8:34 AM
- Got Cheered for TurboTax Premier version needed to enter K-1s. May 20, 2021 2:46 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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