All Posts

I get the same message, try again in a few hours. I am using Edge. I called Merrill and TT, both said that it is a known problem on TT side. I received an email from TT saying it was updated, so I tried today, and the same exact result. Very frustrating!

You are correct... a roof is a structural component of a building. The IRS mandates that a new roof be depreciated over 27.5 years using the straight-line method.   Bonus Depreciation does not apply to assets with a recovery period longer than 20 years; Thus, your residential roof replacement does not qualify for the 100% special depreciation (Bonus Depreciation).  Section 179 (Bonus Depreciation) is strictly limited to nonresidential (commercial) property.   You may have categorized the expense incorrectly or if it’s trying to apply the De Minimis Safe Harbor or Safe Harbor for Small Taxpayers. If you entered the roof under a category like "Land Improvements" (15-year property) or "Personal Property" by mistake, the program will automatically trigger the 100% bonus depreciation because those classes do qualify. If the roof cost was relatively low (usually under $2,500), you can "expense" it immediately using the De Minimis Safe Harbor.   Open or continue your return. Under Federal tab, Click on Wages & Income, and then Click on Rental Properties and Royalties. Edit the roof entry under Assets/Depreciation.  Make sure the "Asset Class" is set to Rental Real Estate Property or Residential Rental Property. Select "No", if the program asks if this is "Qualified Improvement Property."   If you're asked about "Special Depreciation Allowance," decline or "elect out" of it for that specific asset class (so it defaults to the 27.5-year schedule). Note: You can only depreciate the business percentage of the roof's cost (e.g., if the room is 10% of the square footage, you only depreciate 10% of the roof cost).

When you switched the order of the names in MY INFO, did you also correct the income information that had been entered ---and make sure to assign the income to the correct spouse?   Just switching the order of the names did not  correct where you entered the income.   As for the AGI---if the 2024 AGI is not working you can try using zero instead.

There is nothing to do for 2025 since no distribution was taken. If there were ever any non-deductible contributions you need to find the amount from the financial agent.  You could also try to review her previously filed tax returns looking for a Form 8606.    Here are the rules for a non-spouse beneficiary:   Non-spouse beneficiary options Review the link for additional details about required distribution In 2020 and later, options for a beneficiary who is not the spouse of the deceased account owner depend on whether they are an "eligible designated beneficiary." An eligible designated beneficiary is Spouse or minor child of the deceased account holder Disabled or chronically ill individual Individual who is not more than 10 years younger than the IRA owner or plan participant An eligible designated beneficiary may Take distributions over the longer of their own life expectancy and the employee's remaining life expectancy, or Follow the 10-year rule (if the account owner died before that owner's required beginning date) Designated beneficiary (not an eligible designated beneficiary) Follow the 10-year rule @DaxPagan 

Even if you are using the amount for the AGI, there are still some situations that could affect what AGI number you use.  Some of those situations are:   If you amended your return you must use the AGI from your original 2024 tax return. Make sure that you entered the number was entered correctly without rounding.  If you filed your return after November 10, 2025 enter $0 as your prior-year AGI. For more ideas that could help you find out what your AGI is, refer to the following TurboTax help article:   How do I find last year's AGI? What does my rejected return code mean and how do I fix it?

TurboTax gives you an estimated date for receiving your refund based on a 21 day average from your date of acceptance, but it can take longer.  “21 days”  is not a promise from TurboTax or the IRS.      First, check your e-file status to see if your return was accepted:  https://turbotax.intuit.com/tax-tools/efile-status-lookup/   Once your federal return has been accepted by the IRS, only the IRS has any control.  TurboTax does not receive any updates from the IRS. Your ONLY source of information about your refund now is the IRS.     You need your filing status, your Social Security number and the exact amount  (line 35a of your 2025 Form 1040) of your federal refund to track your Federal refund:    https://www.irs.gov/refunds   To track your state refund:     https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-refund/track-state-refund/L3jgO8PGs_US_en_US?uid=lt447ebr   If you chose to have your TurboTax fees deducted from your federal refund, that will take some extra time, while the third party bank handles the refund processing     https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-refund/refunds-take-longer-others/L14YlqFrH_US_en_US?uid=lexdr7zh . https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-refund/irs-refund-taking-longer-21-days/L2vRAJbdU_US_en_US?uid=lexe7lst         If you are getting earned income credit on line 27 or additional child tax credit on line 28 You are subject to the delay required by the PATH act.  Do not expect your refund before early March   https://ttlc.intuit.com/turbotax-support/en-us/help-article/internal-revenue-service/federal-refunds-delayed-due-path-act/L5jnQJsBi_US_en_US   Note:  “Accepted” is not the same as “approved”.  TurboTax tells you the e-file was accepted if the IRS deems that there is enough information on the return for them to take it in for processing.   Only the IRS can approve of the refund, which is a later stage of processing.  If the IRS approves your refund they will provide a date for the refund to be issued.   FROM THE IRS WHERE’S MY REFUND SITE: https://www.irs.gov/wheres-my-refund How it works Where's My Refund shows your refund status: Return Received – We received your return and are processing it. Refund Approved – We approved your refund and are preparing to issue it by the date shown. Refund Sent – We sent the refund to your bank or to you in the mail. It may take 5 days for it to show in your bank account or several weeks for your check to arrive in the mail.          

If you have the online version of TurboTax you can see your 1040 and Schedules 1, 2 & 3, but you will have to pay all TurboTax fees to see your complete return.   You can view your 1040 tax return and the supporting three schedules in the online version of TurboTax. On the left menu, scroll down to Tax Tools. If necessary, click the side arrow and select Tools.  A box will appear in the middle of the screen. Select View Tax Summary. A tax summary will appear. On the left side menu bar, select Preview My 1040. This will bring up a copy of your 1040 Tax return. If you continue to scroll down, Schedules 1,2 & 3 are available if they are required. Some key numbers on the form are: Taxable income is line 15 Total tax is line 24 Federal Income Tax withheld is line 25d Tax credits are listed on 27 - 30 If there was an underpayment, there may be a penalty Refund is posted to line 34 The amount you Owe is line 37

@user17747633849 I amended my previous guidance to you.  Since you are a statutory resident of Maryland, you will be required to file Form 502 and all your income will be taxed by Maryland.   On the plus side, you will get a tax credit from the state of New York for the income that was taxed by Maryland, so that the income won't be double taxed.   Finalize your Maryland return.  To complete your New York return, you will need information from your Maryland return.  If you are using the Desktop TurboTax, you can see your Maryland return by clicking on Forms on the blue banner at the right.  To view a summary of your Maryland return in TurboTax online, follow these steps:   Click Tax Tools then Tools right below that. From the Tools center pop-up, click View Tax Summary Click MD Tax Summary on the left side menu You will need the following from the Maryland return:   Total tax liability (online) or Form 502 line 40 (desktop) Withholding, payments, credits (online) or Form 502 line 41 (desktop) Balance due (online) or Form 502 line 47 (desktop) - OR - Refund to you (online) or Form 502 line 48 (desktop) With this information, as your progress through your New York return, you will get to a screen Take a look at New York credits and taxes.    Scroll down to Credit for Taxes Paid and click Start or Revisit for Taxes Paid to Another State Click Continue, then enter the Other State and local information from your Maryland return, then click Continue All you income was taxed by Maryland, so enter the New York total in the column Portion Taxed by other State, then Continue The Other State Tax will be the total tax liability The Enter Other State Information will be the withholdings and either the Refund or Balance due This will get the credit for taxes paid to Maryland to appear on your New York return.

You do not have direct access to the forms when you use online TurboTax.   Only desktop download software has forms mode that allows you see the forms as you work on the return.  With online you can preview only Form 1040 and Schedules 1, 2 or 3.   PREVIEW 1040 https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-return/preview-turbotax-online-return-filing/L77WCkvnu_US_en_US?uid=m681fkhr  

If you received the distribution after the end of the tax year,  you need to enter a substitute Form 1099-R to report the distribution. Otherwise, enter the Form 1099-R you received for the current year.   To enter a substitute form 1099-R in Turbo Tax Desktop follow these instructions:   Find the Retirement Plans and Social Security menu option in the Wages and Income section of TurboTax Start or Update IRA, 401(k), Pension Plan Withdrawals (1099-R) Choose Add (Another) 1099-R Choose I'll type it in myself On the screen that says Tell Us Which 1099-R You Have choose I need to prepare a Substitute 1099-R   To enter a substitute form 1099-R in Turbo Tax Online follow these instructions:   Find the Retirement Plans and Social Security menu option in the Wages and Income section of TurboTax Start or Update IRA, 401(k), Pension Plan Withdrawals (1099-R) Choose Add (Another) 1099-R Choose I'll type it in myself Choose the source of your 1099-R form Enter your pension distribution into the Form 1099-R entry screens When you come to the screen that says Do any of these situations apply to you? Check the box that says I need to file a substitute 1099-R and follow the instructions   This is what you enter for the substitute Form 1099-R:   Enter the distribution amount in box 1 of the substitute 1099-R Enter the taxable amount in box 2(a) Enter code "P" in box 7 (And code "J" if from ROTH IRA) Choose the year that will be printed on the 1099-R when asked      

Thanks, but I have tried this many times, and there is no option to download all forms and worksheets, presumably because I am set up for Full Service. TurboTax needs to fix this, and it needs to better inform its tax experts about this feature.   However, I have solved the problem by downloading all of my Intuit data and locating the PDF file containing my 2025 return and all the worksheets. It takes several days to obtain the data from Intuit, and then one has to comb through the folders and files to find the right one, but at least I have what I need. It should not be this hard.

If you do not want expert assist, then clear your return and start over.  When asked about your prior tax returns just continue through those screens.  Something that you answered triggered the option for Expert Assist.   If you have not paid for the online edition you are using, have not filed your tax return or registered the Free edition, then you can clear your return and start over with a lower priced edition. Click on Switch Products on the lower left side of the program screen while working on the 2025 online tax return. Click on Clear & Start Over  

Please review my previous reply. You have currently entered the first part of the transaction; this is the gain at the partnership level that is passed out to the partners. When you mark "final K-1" you now are dealing with the second part of the transaction as previously noted.  This is the gain / loss at the individual level on your investment.  This has nothing to do with the gain at the entity level. You should have been maintaining your tax basis beginning with your initial capital contribution and adjusting it annually for the applicable items on your K-1. Now you need to adjust your tax basis for the applicable items on your final K-1. If your liquidating distribution amount exceeds your tax basis, you will have an overall gain that needs to be reported. If you liquidating distribution is less than your tax basis, you will have an overall loss that needs to be reported. Once again, this part of the transaction has nothing to do with the gains and losses that were passed out to you and the other partners on your K-1. This second part of the transaction is what needs to be addressed or you have not accurately reported the overall transaction.

The IRS website states:   When to expect your refund   The typical time to receive your refund depends on how you filed your taxes:   E-filed return - 3 weeks from the date you e-filed Mailed return - 6 or more weeks from the date we received your mailed return Refund delays can happen when a tax return needs corrections or further review.   Sign in or create an IRS account to get more information about your refund.