TurboTax Split PDF shortcut alternative

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Aug 6th, 2022
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How to TurboTax Split PDF

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hey whats up everybody uh Logan Alec CPA here today Im doing my annual review of the Turbo Tax tax software yes uh the most recent version of Turbo Tax just dropped this version is for filing your 2022 tax returns uh that are due in 2023 and April 2023 or uh in October 2023 if you file for an extension Im going to put on my CPA hat not literally just figuratively and uh walk through a sample tax return here in Turbo Tax like I do every year and just let you know my candidate thoughts on uh the software as we go through it before I get into it I want to mention todays sponsors for uh the video for this little video youre going to watch uh the first sponsor is my very own a personal finance blog money done right.com uh I shared a lot of good stuff on this site not just about tax weve talked taxes a lot but also ways to make money for example the featured article right now is called 31 things to sell to make money we did kind of a lot of research into this giving you various tips o

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If you file a paper return, use Form 8888, Allocation of Refund (Including Savings Bond Purchases), to split your refund among two or three different accounts. Form 8888 is not required if you want IRS to direct deposit your refund into a single account; you can use the direct deposit lines on Forms 1040 and 1040-SR.
And thankfully, you can also file tax returns from previous years using TurboTax. Select the year you want to file a return for to get started. Then, input your tax information and TurboTax will properly fill out the tax forms.
You can prepare as many returns as you want with the CD/Download version of TurboTax. Its just that you can only e-file five returns. The rest can be printed and mailed. The IRS imposes a limit of 5 e-file returns.
If your refund was less than you expected, it may have been reduced by the IRS or a Financial Management Service (FMS) to pay past-due child support, federal agency nontax debts, state income tax obligations, or unemployment compensation debts owed to a state.
It also allows you to prepare and print unlimited federal tax returns, and e-file up to five at no charge (additional fee per state e-file with TurboTax CD/Download).
A split refund lets you divide your refund, in any proportion you want, and direct deposit the funds into up to three different accounts with U.S. financial institutions. Use Part I of Form 8888, Allocation of Refund (Including Savings Bond Purchases) to request to have your refund split.
Like HR Block, TurboTax has a free filing option that allows you to file your federal return and one state return at no cost. However, the free option only supports simple returns with form 1040.
If you filed your prior-year taxes with TurboTax, you wont pay anything at all for a copy of your tax return. If you used our CD or download product, the file will be stored on the computer you used to file your taxes. If you used our online product, just log on to your account to get a copy of prior-year returns.
Yes, you can. You will need to file the income from each year, separately. A tax return for each year of income that you need to report.
When you get to the How would you like to receive your federal refund? screen, select the last option Split my refund between multiple bank accounts or U.S. savings bonds, then select Continue. On the next screen, select I want to deposit my federal refund into multiple bank accounts and select Continue.

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