How To Enter Non Taxable IHSS W-2 In TurboTax

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In this video I will be going over how to use Intuit TurboTax for a Non-Taxable In Home Support Services W2.
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Disclaimer: The information provided in this video is for informational purposes only and is not meant to take the place of professional legal, accounting, or financial advice. If you have any legal questions about this video or the subjects discussed, or any other legal matter, you should consult with an attorney or tax professional in your jurisdiction (i.e. where you live).
#turbotax #taxes #2023

[@SnarMartirosyan]

Hello, Thanks for the video. I think the way you are excluding the IHSS income for live-in providers would probably work fine if their gross income is less than $200K in a calendar year. In case the gross income is higher than $200K, which means an additional Medicare tax at a 0.9 percent rate needs to be applied, then excluding the IHSS income through the "Other Reportable Income" section will not account for the wages received through IHSS for the additional Medicare tax calculation. I think the more correct way would be to enter the IHSS W-2 as normal, if Box 1 has zero amount or is blank, then use the amount either from Box 3 or 5, and then offset the non-taxable IHSS income in the "Other Reportable Income" section by entering it as a negative number with the description of "IRS Notice 2014-7 excludable income". Hope this makes sense. Looking forward to learn which method is more accurate. Thanks!

[@John-tn1ql]

Most confusing w2 form I’ve ever filled out it says 0 for box 1&2 yet some people recommend putting 1$ some people say you don’t have to file because it’s not taxable and some people say you have to mail it in this is so confusing

[@CLeAnQUaRTeRz]

thank you for being amazing!

[@user-po6nf2ne1u]

😂 Thanks... very helpful!

[@eataxresolutions]

Happy to help!

[@fouadalasini935]

thank you very much for. it is really hectic to find this information, thank you again, I wonder if you can tell us how to do it on Pro Series,? thank you again

[@eataxresolutions]

This is definitely something I could do. Just curious would you like to see other tutorials within ProSeries?

[@EreGuneShen]

Can you enter W2 info into Wages & Income along with other W2s and just use the Miscellaneous Income section just for the negative amount ?

[@MrPirepirhancherkin]

Hi, thank you for the excellent video. I have the same issue as it is mentioned in some of the comments. Boxes 1 and 2 are 0 on mine and when I filled all the way and paid the fee, I faced the error that this cannot be e-filed and I should mannully mail it which is not optimal. Can you please clarify what exactly I should do in my case that have 0s in boxes 1 and 2? Thanks

[@eataxresolutions]

Put $1 for box 1, this will fix the e-file error.

[@paupaualvarez5219]

Hello, I am a live in provider and don't receive W2. Is the EIN number the Payee Identifcation Number on the Pay Stub? Thanks

[@rubengutierrez3182]

So we do not need to add it in the w-2 section? Or do we do both ?

[@eataxresolutions]

If you did NOT live in the person you took care of, you add it to the w2 section. If you did live with the person you took care of, you do it the way that was illustrated in the video

[@rubengutierrez3182]

Awesome thank you!

[@eataxresolutions]

happy to help!@@rubengutierrez3182

[@blee3ee]

What if Box 1 is zero?

[@eataxresolutions]

Hey! I will be going over your comment in my upcoming livestream! Hope this helps! If you have any other questions I go live every Monday at 4P.M. PST. kzbin.infoSHkqV4_UN90

[@henryng191]

What to do when W2 box 1 and 2 are $0? Do I still need to enter W2 in the software? Do I still need to attach the W2 to the tax returns?

[@eataxresolutions]

Yes i would still include the W2 as there is still social security and Medicare tax information that maybe important for the tax returns.

[@LashVillain]

@@eataxresolutions so then i would input the w2 information and put $1 for box 1 and then mail it since it has other info in box 3-5?

[@jngx80]

helping with taxes and my brother's IHSS w-2 looks kind of weird. Box 1 wages has $17k but social security wages is $30k? Something similar with his wife's as well - $6k box 1 but social security wages is $16k. He lived with his mother in law so it shouldn't be reportable. we have no idea where the box 1 wage came from.

[@eataxresolutions]

Hey! I went over your comment in my most recent livestream! Hope this helps! If you have any other questions I go live every Monday at 4P.M. PST. Be sure to stop by and ask your TurboTax Question. The link is time stamped to when I answered your question. kzbin.infoeLhffV-zc9s?si=jlPcfi9TkyGhBT2Q&t=2782