Category: Turbotax

If you received a Schedule K-1 (Form 1065), which you would get if you are in a partnership, that’s another reason you’ll need Turbo, and tax premier. This free version of Turbo. Tax is a great option for taxpayers whose income is largely from W-2s and savings in the bank. The tax software includes a […]

, turbo Tax Business does not handle the preparation and filing of personal returns. You would need Turbo. Tax Home & Business or any other version of Turbo. Tax, in order to prepare and file your individual tax return Form 1040. While reading we ran into the query “Does turbotax do business taxes?”. Regardless of […]

, and https://turbotax., and intuit. Com/tax-tips/e-file/video-e-filing-for-a-faster-refund/L0Htz2kml It could also be due to a CAPTCHA not appearing, that is where you typically check mark “I am not a robot.” Log out and clear your browser Internet cache. Close the browser and reopen it. To e-file your tax return, you’ll need to submit all your W-2 information […]

You have to use Turbo. Tax Business (different from Home & Business) to file an 1120-S tax return for the S-Corp. Using that program, the S-Corp will issue you a K-1, which you will need for your personal tax return. The most usefull answer is, you should be able to use Free or Basic Live. […]

We’ll automatically include four quarterly 1040-ES vouchers with your printout if you didn’t withhold or pay enough tax this year . We do this to head off a possible underpayment penalty on next year’s taxes. You may get these vouchers if you’re self-employed or had an uncharacteristic spike in your income this year. Does turbotax […]

Using a CPA to file your taxes is important when you’ve had major changes in your life, or you have a complicated tax situation. What makes a tax situation complicated varies by person, though. For example, you may run your own business and be perfectly comfortable filing your own taxes using Turbo, and tax. Should […]

By default, Turbo. Tax files are located on your C: drive [unless you have changed your settings] at this address: C: Usersyour name, documents, turbo, and tax. The files have an extension “.tax[YEAR],” for example, .tax2020, .tax2019, etc. You can search your hard drive for Turbo. Tax files by putting an asterisk in front of […]

However, if you’re worried about actually being audited, Turbo. Tax recommends purchasing MAX, a more hands-on package, when you file. If you’re worried that your audit risk is elevated, you can purchase Turbo. Tax’s optional MAX bundle as an add-on to any plan before completing your return (you can’t buy it after the fact). MAX […]

You can remove Turbo. Tax Live as long as you haven’t used the Tax Expert feature. Here’s what to do: With your tax return open, select File (if you don’t see this, select the menu or 3-line icon). On the Your order summary screen, select Remove Turbo, and tax live. Also, how to get rid […]

If you only have a W-2 from work and various Form 1099s, you may only need the Turbo. Tax Free Edition. The Form 1099’s the Basic version supports are: 1099-MISC – Miscellaneous Income; 1099-INT – Interest Income; 1099-DIV – Dividend Income; 1099-G – Certain Government Payments; These questions can help you figure out which version […]