Make a Payment if you need to pay the IRS outside of TurboTax; Report Suspected Tax Fraud ; If you must call, make sure the IRS is the right agency to handle your request. For telephone assistance, see IRS Telephone Assistance. Individuals can call (800) 829-1040, Monday through Friday, 7:00 a.m. - 7:00 p.m. local time.

Jun 7, 2019 · Call the IRS: 1-800-829-1040 hours 7 AM - 7 PM local time Monday-Friday. When calling the IRS do NOT choose the first option re: "Refund", or it will send you to an automated phone line. So after first choosing your language, then do NOT choose Option 1 (refund info). Choose option 2 for "personal income tax" instead.

Jun 7, 2019 · Call the IRS: 1-800-829-1040 hours 7 AM - 7 PM local time Monday-Friday. When calling the IRS do NOT choose the first option re: "Refund", or it will send you to an automated phone line. So after first choosing your language, then do NOT choose Option 1 (refund info). Choose option 2 for "personal income tax" instead.

Mar 24, 2023 · Taking a look at Form 8606 in conjunction with your Form 1099-R reporting the IRA distributions should help you understand the taxable portion (Form 1040 line 4b) of the IRA distributions. Also, see the following TurboTax help article for more information:

Therefore, your line 16 figure may differ from the IRS tax table, which only lists tax-due amounts for ordinary income. For example, let's say you have a capital gains distribution. TurboTax uses the Qualified Dividends and Capital Gains Tax Worksheet , instead of the IRS tax table, to calculate your tax liability.

Jun 7, 2019 · In disbelief, I contacted the IRS (Help Line – Regulatory Law) for clarification. I was advised that the intent of the line was to report the maximum aggregated value of all assets for the period and NOT the sum of the maximums for each account. So MAX (Acct 1 + 2+ 3) during the period and not MAX 1 + MAX 2 +MAX 3.

Nov 22, 2022 · But The IRS directions for me to report this income was (at least in 2020) for me to put that kind of income on line 1, with the designation "SCH" (for "scholarship," I presume). From what I could tell on the conversation I had with the IRS help line when the credit was first denied, the misunderstanding had to do with the 1099-MISC reporting.

Jul 22, 2024 · In review of my 2023 Turbo Tax, filed Form 1040 Tax Filing, I have discovered an issue for which I do not understand its calculation. Its, Line 2a, Tax Exempt Interest. I have ONE Account that reported Tax Exempt Interest of $14,700 with a Line 11 Bond Premium of $1,911.35. The reported amount on my...

Mar 14, 2021 · I have the same problem. 1040 line 25c shows a large amount that makes no sense, and I cannot find it on any other form. We're retired, have only 1099R income. No W2s, no KI, no additional medicare tax, no form 1042, or 8805, or 8288, or 8959. Tax payments worksheet shows this amount on line 18a 'other withholding'.

Dec 21, 2024 · Scroll down a little more to the "Other Adjustments to Income Smart Worksheet" between lines 23 and 24. On line G of the Smart Worksheet, enter a short description in the box on the left, and enter the amount on the right. The description and amount that you enter will appear on line 24z.