Yes, you can use the Turbo. Tax App to file from an i. Pad or Android tablet. Please see the FAQ below for details, including an instructional video.
Can I use TurboTax on my phone or tablet?
You just need to make sure you are logging into the account with the same user ID and password. Your information gets stored online as you work on it and you can access it from any device. There is also a CD/Download version of Turbo. Tax (you will see it sold at stores like Costco or Amazon).
Yes, you can log into Turbo. Tax Online with the same account via multiple platforms – i. E desktop computer, ipad, iphone. You just need to make sure you are logging into the account with the same user ID and password.
Why should I file with TurboTax?
• With Turbo. Tax you can be confident your taxes are done right, from simple to complex tax returns, no matter what your situation. • 100% FREE Fed & State, PLUS a free expert final review with Turbo, tax live, and ⓡ basic. Simple tax returns only. Must file by 3/31. File for $0*., • turbo Tax Live – Real tax experts review your return. Guaranteed done right.
The MAGI (modified adjusted gross income) calculation from Turbo. Tax is incorrect., turbo Tax reports my MAGI as equivalent to my AGI. I have some self-employment income, and Turbo. Tax is not adding back the 1/2 self-employment tax deduction to my AGI when calculating the MAGI, per the IRS rules.
Another thing we wanted the answer to was: can turbotax calculate magi?
One answer is, turbotax does not calculate that for you, you have to calculate it. It is your adjusted gross income (Line 37, Form 1040) plus your tax-exempt interest income, Line 8b, Form 1040. June 7, 2019 3:56 PM MAGI for what specific purpose? There are different requirements for different purposes.
What is the difference between Agi and Magi on your taxes?
Your adjusted gross income, or AGI, is an important line item on your taxes, as it affects your eligibility for certain tax benefits. The same is true of your modified adjusted gross income, or MAGI.
Another frequently asked inquiry is “How do I calculate modified adjusted gross income (MAGI)?”.
Next, to calculate your modified adjusted gross income (MAGI), take your AGI and add back certain deductions . Many of these deductions are rare, so it’s possible your AGI and MAGI can be identical.
How do I Find my Magi on my taxes?
Your tax return does not display your MAGI, you will need to calculate it by first checking your AGI. To locate your AGI: Next, to calculate your modified adjusted gross income (MAGI), take your AGI and add back certain deductions. Many of these deductions are rare, so it’s possible your AGI and MAGI can be identical.
The MAGI used to determine IRA limits (e. g. the MAGI used to determine if you can deduct a Traditional IRA contribution or if you can contribute to a Roth) are addressed by Turbo Tax “Tax Tips”; but not the MAGI used for other purposes like Net Investment Income Tax.
Or after entering all income into Turbo. Tax and entering a Roth contribution then the “Roth Contribution Limit Worksheet” line 1 will show the calculated MAGI. **Disclaimer: This post is for discussion purposes only and is NOT tax advice.