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Can i use turbo tax for other family members

WebFeb 16, 2024 · Key Takeaways. • The Child Tax Credit can reduce your taxes by up to $2,000 (tax year 2024) per qualifying child age 16 or younger. If you do not owe taxes, up to $1,500 of the child tax credit may be refundable through the Additional Child Tax Credit for 2024. • If you adopt a child, you may qualify for the Adoption Tax Credit, a ... WebMar 9, 2024 · March 9, 2024 9:23 AM. I am sorry about losing your parents, it is never easy! Yes, you can use your dad's TurboTax account since he gave you access to it. Since your dad was still alive in 2024, you would not file a final return for him for 2024. **Say "Thanks" by clicking the thumb icon in a post. 1.

Filing for a deceased family member - TurboTax® US Support

WebJun 3, 2024 · The CD/Download ( desktop version) product is a better overall value for people who prepare tax returns for their friends and family. This one will allow you to prepare and print unlimited federal returns and e-file up to five at no extra cost. You can … WebJun 7, 2024 · TaxGuyBill. June 7, 2024 3:05 PM. You can prepare the other person's taxes with their permission. However, unless you have a Power of Attorney that authorizes you to do it, you can not 'file' it for them. After reviewing their tax return that you prepared, the other person must 'sign' the tax return (if it is e-filed, there is an electronic ... the paper shop rochdale https://ahlsistemas.com

Dependent Tax Deductions and Credits for Families - TurboTax

WebJun 3, 2024 · Compare TurboTax products. All online tax preparation software. Free Edition tax filing. Deluxe to maximize tax deductions. Premier investment & rental property taxes. Self-employed taxes. Free Military tax filing discount. TurboTax Live tax expert products. TurboTax Live Basic Full Service. WebJun 5, 2024 · The TurboTax personal editions software can only be used to electronically file 5 tax returns. This number is set by IRS rules for personal tax preparation software. Once 5 federal tax returns has been e-filed any further tax … Web1 day ago · Remember, you can get free help with filing if you have an income of $73,000 or less. Use Military Service Benefits. Miltax is a free tax preparation service for those in the military, National Guard and Coast Guard. In addition, qualifying family members can use the service, as can certain civilian employees of the Defense Department. The ... shuttle crashes

Can I let family members use my Turbotax premier, which I ... - Intuit

Category:Can more than one family member use turbo tax : r/TurboTax - reddit

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Can i use turbo tax for other family members

How Much Do You Have to Make to File Taxes?

WebDec 15, 2024 · You Don't Have to Report Cash Gifts of up to $16,000 a Year. Cash gifts can be subject to tax rates that range from 18% to 40% depending on the size of the gift. The person making the gift must ... WebMar 24, 2024 · Still, whether you can claim a tax benefit for the financial help you provide to your family living abroad or not, nothing can take away the joy and satisfaction of helping them. If you have questions, you can connect live via one-way video to a TurboTax Live tax expert with an average of 12 years experience to get your questions answered ...

Can i use turbo tax for other family members

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WebOct 18, 2024 · By limiting their scope of authority, you ensure that the representative can't discuss other types of tax returns or other tax years without your authorization. Make sure you don't leave line 3 blank. If you do or if you use general terms like "all taxes" or "all years" in this section, the IRS will reject your power of attorney request. WebMar 3, 2024 · I purchased turbo tax via download to do my 2024 taxes. My sister wanted to use it to file her taxes. Can you create more than one tax return for another person with …

WebJun 6, 2024 · Paying $500.00 or more for Turbo Tax's Pro Series to file 6 or more tax returns is ridiculous. Turbotax is not authorized to monitor the number of paid tax preparers. After numerous years of purchasing Turbotax software I can save my money now and bring my family and friends to our Tax Free Prep and E-File site for their federal AND state …

WebI purchased turbo tax via download to do my 2024 taxes. My sister wanted to use it to file her taxes. Can you create more than one tax return for another person with the one program? Yes. After you finish filing, she'll create her own account and file. WebApr 11, 2024 · Ready, Set, Shop! Get Up to 50% Off Amazon x Robinhood Turbo Tax Discount Deals. Soon. Special Saving. Exclusive eBay x Robinhood Turbo Tax Discount Offer: Free Shipping & No Minimum Purchase. Soon. Special Saving. Share this deal with your friends to earn up to $20,000 per month (Must See) Soon.

WebFeb 13, 2024 · Tax law provides for an extended period of time during which a surviving spouse may take up to $500,000 of home-sale profit tax-free, rather than being restricted …

WebJan 13, 2024 · In the CD/Download version of TurboTax, you can prepare as many federal returns as you want.Up to five can be e-filed. Additional returns must be printed and mailed. You can also use TurboTax Online or the mobile app to prepare multiple returns, but each return requires its own unique login and must be paid for separately.. Most customers … thepapersnakesWebJun 6, 2024 · Filing for a deceased family member I am sorry for your loss. In order to file a return for the deceased, you will need to create another account as one is necessary to file another individual tax return in TurboTax Online, but you can use your email address to create the other account, you will just choose a different User ID and password. the papershop nepaWebJun 4, 2024 · Yes, you can. However, you will need to create a new account to file multiple returns online. Never start another return by going back and overwriting everything in the … shuttlecspllWebFeb 2, 2024 · Tax treatment of an LLC. The IRS assumes that LLCs with more than one member are partnerships for tax purposes. That means the LLC itself pays no tax, but taxable profits and deductible losses are passed through to the members, who are treated as partners under the tax rules. So at tax time, to keep the IRS happy, an LLC that … the paper shoppe hobby lobbyWebFeb 13, 2024 · Money you inherit is generally not subject to the federal income tax. If you inherit a $100,000 certificate of deposit, for example, the $100,000 is not taxable. Only interest on it from the time you become the owner is taxed. If you receive interest that accrued but was not paid prior to the owner's death, however, it is considered income in ... the paper shopper paWebJan 13, 2024 · Select the TurboTax Online product you want to use for the second return and proceed. On the Create your account screen, set up a new user ID for the second return. You can reuse your email address if you want to receive e-file notifications for the second return. Up to 5 accounts can be tied to the same email address. the paper shop tampaWebOut of 693 transactions Turbotax online wanted me to review 367 of them. All were retrieved using the connect to TD Ameritrade feature. I sat through the reviewing phase for a couple of hours, and noticed that all of them seemed to be options trades, and decided to try the download version instead. the paper shop shefford