Can i use turbo tax for other family members
WebJan 23, 2024 · If you use the same account and user ID for a second return, you overwrite the first one and lose it forever. When you use Desktop TurboTax, which you install from a CD or download to your own hard drive, you can prepare and e-file multiple returns for the cost of the software. You can e-file up to 5 Federal returns—more if you mail the ... 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 …
Can i use turbo tax for other family members
Did you know?
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 ... WebJun 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.
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 … WebMay 31, 2024 · We apologize if the product description is unclear. Let's try to clarify what TurboTax can do for you, based on your question. With our web-based online TurboTax family of products, it's strictly a one-taxpayer per account proposition, with the only exception being that a taxpayer and their spouse can both use one single online …
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.
WebJan 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.
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 ... how many weather satellites are in orbitWebOut 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. how many weathers are thereWebMar 21, 2024 · When you use Desktop TurboTax, which you install from a CD or download to your own hard drive, you can prepare and e-file multiple returns for the cost of the software. You can e-file up to 5 Federal returns—more if you mail the additional ones. If you have multiple returns to prepare for family members, Desktop is more cost effective. how many weather season in philippinesWebDec 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 ... how many weather seasons in canadaWebMar 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. how many weather satellites are thereWebJan 13, 2024 · While there are no IRS rules that specifically forbid you from depositing your refund into someone else's account, we don't recommend it. Most banks have fraud-prevention measures that won't allow a direct deposit into an account with a different name. If you decide to enter someone else's account information anyway, chances are the bank … how many weathervane missions fallout 4WebFeb 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 ... how many website hits does amazon have daily