This Is The U S. Turbotax Answerxchange. Please Po

turbotax answer exchange

The government shutdown that took place on October 1 left everyone with questions about how the shutdown will impact them. If you are one of the many taxpayers that filed an extension, you may be wondering if the shutdown impacts your taxes. We have you covered and have answers to your burning questions. You can deduct the cost from your federal refund when you’re ready to file. Conveniently deduct the cost of TurboTax PLUS from your federal tax refund before it is deposited into your bank account for no additional charge.

turbotax answer exchange

The program guides users through a series of easy-to-follow steps, which requires answering a variety of tax-related questions.— I downloaded the file just moments ago and have tried downloading it several times. Every time I upload the file it says “The selected file is NOT a previous year tax return file or it is corrupted.” You may use TurboTax Online without charge up to the point you decide to print or electronically file your tax return. Printing or electronically filing your return reflects your satisfaction with TurboTax Online, at which time you will be required to pay or register for the product. The IRS issues tax refunds when you pay more tax during the year than you actually owe.

Turbotax Restores Forms To Desktop Software

I am Canadian citizen and a university student of Waterloo , a US nonresident. I worked 4 months in New York and 4 months in Massachusetts in 2014.

  • I get “Your Impact Report” email, and if I follow their link I get a list of 4 questions.
  • You need to contact the IRS and the Tax Advocate program for help.
  • IRS and Turbo Tax did not tell me why I was not getting a direct Deposit like I requested.
  • The IRS where’s my refund site still just says that it is being processed.

Now thousands of government workers will be returning to work, including IRS personnel. Here is a breakdown of what it means to your taxes. Learn about the benefits that come with early tax filing, including seeing your refund sooner and avoiding feeling rushed to file. CPA for 17 years with experience in individual, business and estate and trust returns.

While you could use a local accounting and tax preparation agency, filing your taxes online lets you complete the entire process from the comfort of your own home and at a time that is most convenient for you. Always know your tax returns are in a safe place that you can access whenever you need, like when applying for loans, student aid including FAFSA, or showing proof of income. Simply sign in to your TurboTax account from any device to view or print all of your completed TurboTax returns from our secure servers for 24/7 online access to ALL tax returns we have on file for you. Access to your returns is available through 10/15/2016. Terms and conditions may vary and are subject to change without notice. Tax filers often worry that they got it all correct when filing their return and worry about the possibility of a tax audit.

Even After Federal Efile Accepted, Michigan State Efile Not Allowed Stating “you Must Also Select The Federal Return”

TaxSlayer has Deduction Finder, a tool that helps users find all applicable deductions based on their tax situation. TurboTax provides Self-employed users with a mobile app, ItsDeductible, that they can utilize year-round. The app can track miles driven for charity, log monetary donations and provide a valuation for donated goods. Finally, it loads all your figures directly into your return. TurboTax offers three additional packages and TaxSlayer offers four. TurboTax’s most popular Deluxe package starts at $59.99 and works at maximizing deductions and charitable contributions. TaxSlayer prices increase gradually and their most popular Classic package is only $24, offering all the forms and schedules needed to take advantage of all possible deductions and credits.

TurboTax Online offers the convenience of preparing and e-filing your tax return from virtually any computer or mobile device with Internet access. There’s no software to install and nothing you’ll need to save on your computer. We’ll store all of your information on our secure servers. TurboTax Online includes federal and state e-filing.

The AnswerXchange has a clear, simple design that makes it easy to find and view questions and answers relevant to your specific situation. You can also sign up to follow individual questions or topic areas, as well as other users.

Both services offer audit assistance and support in the event that you receive a letter from the IRS concerning an audit. Their tax professionals will provide guidance on audit-related issues and help you to prepare for an audit. TaxSlayer offers this service to individuals who purchased the Premium package for up to three years past the purchase date. TurboTax offers the assistance for all of their packages, excluding business or corporate returns. Although both programs walk you through each step of the process, you may encounter a situation where you want personal guidance. Both programs offer a wealth of information online on all kinds of tax topics including updates concerning tax reform changes to the law.

It will take at least 1-2 more months after the Tax Advocate Program takes over your approved case. These people are your only hope to getting your refund before Christmas 2015. So after meeting the Advocate program criteria qualifying for help, I have them in my corner to help me get my money back sooner than Halloween or Thanksgiving this year.

What Do I Do With A Turbotax Answerxchange Code?

All other fees are excluded including, electronic filing fees, Audit Defense, Refund Processing Service and technical support fees. This Guarantee cannot be combined with any other Guarantee. Every state is different–each with their own tax laws. In fact, there are some states don’t levy a state income tax at all. But if you live in a state where you have to file a state tax return, TurboTax will let you know and help you get them done right. The deadline to file your tax return is coming up fast, but that doesn’t mean you can’t make sure you’re getting all the tax benefits you deserve. For busy parents who are crunched for time, I’ve compiled a list of tax credits and exemptions that can help as you prepare your taxes.

turbotax answer exchange

The program says I do not owe an underpayment penalty, YET it did not ask for my input on very uneven quarterly self-employment income. Yes, I will most likely get bookkeeping a refund, BUT because my self-employment varied a lot for three quarters and was zero for the 4th quarter, I know from previous years I have to file a 2110.

Therefore, you can use the ABLE link even though it is not an ABLE account. Since you are doing a transfer, there should not be a tax consequence. Where do I input the answer xchange code you sent me? I have used turbo tax for turbotax answer exchange many years and I don’t think I have ever experience such a worthless help center. The penalty for not having health insurance is the greater of $95 or 1% of income for 2014 and increasing to 2% in 2015 and 2.5% in 2016.

I filed Feb 8, and efiled for a direct deposit, Finally got a message on wmr that I am being mailed a check on March 3rd. IRS and Turbo Tax did not tell me why I was not getting a direct Deposit like I requested. If you’re one of these recent filers, read on to find out when you can expect your tax refund.

The IRS where’s my refund site still just says that it is being processed. I have never had this problem before, I will never be using Turbo Tax again unless I can get some answers from someone. If you cancel and resubmit another return the IRS will show that they received a duplicate tax return and reject the second one. If you filed and it’s been 21 days no refund your file is under review as I found out and I was told it will take between 6-8 weeks for them to approve it and send it out. Never had issues with getting a refund until this year. It’s now March 31st and nothing…May be time to use a different filing process next year.

In addition, TurboTax checks for more than 350 various deductions and credits and therefore also guarantees that they will help you get the largest refund possible. User-Friendliness— TurboTax is continuously ranked as one of the most user-friendly tax preparation software packages available online.

TurboTax Plus is not a service level, but rather an add-on package that is exclusively available for those using the TurboTax Federal Free Edition. Pricing for our online products starts with Free Edition, for simple tax returns, and goes up based on your needs and the complexity of your income tax return. After you finish you federal tax return, we’ll ask if you want to prepare your state taxes. The good CARES Act news is we’ll save you a lot of time by taking the information you’ve already given us for your federal return and transfer them into the right state forms. There are usually some additional questions we need to ask to make sure you’re getting every state credit and deduction available. E-file is officially open and many taxpayers who have already filed are now awaiting their much-anticipated tax refunds.

Author: Jody Linick