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a month ago
When you enter only one form, your income is lower which means your taxable income is lower. When you enter both your 1099-NEC and your W-2 you are increasing your income, so your tax liability woul...
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When you enter only one form, your income is lower which means your taxable income is lower. When you enter both your 1099-NEC and your W-2 you are increasing your income, so your tax liability would likely increase. Whether or not you are in a higher tax bracket, you have more income that is being taxed. Also, depending on how you are looking at the tax bracket, you may still be in a higher tax bracket when you consider your standard deduction. Meaning, if your AGI puts you in the 12% bracket, it doesn't mean your taxable income would still be in the 12% bracket as your taxable income is lower than your AGI.
For example, if you are single and you had a 1099-NEC with $15,000, your taxable income would be $0 because your standard deduction of $15,750 would wipe out all of your income. If your W-2 was for $15,000 and you had $1,500 withheld from your wages, you would also have taxable income of $0 so your withholdings would be fully refundable meaning you would get a refund of the $1,500 you had withheld. Assuming no estimated tax payments made, you would owe $2,293 for self-employment taxes, but you wouldn't have any ordinary tax liability. When you add the $15,000 from the 1099-NEC to the $15,000 from the W-2, you would have $30,000 total income and $13,107 in taxable income ($30,000- your standard deduction of $15,750- 1/2 of your self employment taxes)
This would give you a tax liability without considering the SE tax of $1,353. Add that to your SE Tax of $2,293, you would have total taxes of $3,646 with a credit for the $1,500 you paid through your W-2 so you would owe $2,146.
Other things that could be happening are removal of certain tax credits when you enter both forms. The Earned Income Tax Credit is one that with less income you would possibly receive, but adding both forms together would make you ineligible.
a month ago
What can I say ... I never saw this screen. It works as advertised on the desktop version. I followed the same steps on the online version (including clearly saying what kind of distribution it was) ...
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What can I say ... I never saw this screen. It works as advertised on the desktop version. I followed the same steps on the online version (including clearly saying what kind of distribution it was) and when working on the state it just skipped over that and gave me no exclusion. I went ahead and added it as another subtraction with a explanation that it didn't get added to the appropriate line on the Arizona 140 form. Probably should have deleted the 1099 and re-entered it, might have worked then; I entered it into the system when I got it back in January. But due to some time constraints I went ahead and filed with it as an additional subtraction, and the state (so far) accepted my return. If they complain about it later then I'll try to amend the return and refile. Thanks for confirming for me at least that it worked for you.
a month ago
Say No.
a month ago
Generally, you can e-file your amended 2025, 2024, or 2023 federal return via TurboTax if your original return was also e-filed in TurboTax, according to this current help article.
If there is ...
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Generally, you can e-file your amended 2025, 2024, or 2023 federal return via TurboTax if your original return was also e-filed in TurboTax, according to this current help article.
If there is something in your return that doesn't allow e-filing, then you can print and mail your amended return.
a month ago
1 Cheer
In the 1st screenshot you shared, at the bottom of the image next to continue is the Skip Import button. That should take you to the manual entry options you're looking for.
a month ago
In 2025, my wife and I were on High Deductible Family plan from my employer between Jan and March. In March, I retired and switched to my wife's High Deductible Family Plan from her employer which w...
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In 2025, my wife and I were on High Deductible Family plan from my employer between Jan and March. In March, I retired and switched to my wife's High Deductible Family Plan from her employer which we were on for the remainder of 2025. We both made HSA contributions through our respective employers, me from Jan through March and her from May through October. In January of this year, my wife applied for SSA benefits which enrolled her in Medicare Part A with an effective date of July 2025. We are still on her High Deductible Family Plan from her employer as she is still working. We realize that we have HSA contributions to remove from July to October and I have calculated the amount of excess contributions to withdraw. I would expect these excess contributions to be taxable but TurboTax is not recognizing the tax on the contribution, just the earnings. How do I need to enter the monthly calendar entries related to health care coverage and get TurboTax to recognize the taxable income.
a month ago
Putting just one in at a time will not give you the right results. You need both entered at the same time. With the W-2 only entered, you get back $500, but that is wiped out by the additional income...
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Putting just one in at a time will not give you the right results. You need both entered at the same time. With the W-2 only entered, you get back $500, but that is wiped out by the additional income and self-employment taxes (about 15% of net S-E income) from the 1099. There is no withholding on the 1099 to cover the additional taxes it generates. Your results are as expected.
a month ago
Helpful TurboTax Articles:
What if I can't import my 1099?
How can I fix my 1099 import issue?
How do I import my 1099s?
How do I enter a large number of stock transactions in TurboTax?...
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Helpful TurboTax Articles:
What if I can't import my 1099?
How can I fix my 1099 import issue?
How do I import my 1099s?
How do I enter a large number of stock transactions in TurboTax?
If you received a "Success" message but your data hasn't appeared in TurboTax, it is likely due to recent browser security updates regarding Local Network Access.
To fix this you need to allow TurboTax to securely retrieve your data through your browser settings:
Locate the View Site Information icon (the "tune" or "lock" icon) on the far left of your address bar, just before the URL.
Find Local Network Access in the dropdown menu.
Toggle the switch to ON.
Refresh the page and attempt your import again.
What do I do when my data isn't imported into TurboTax Desktop even though it says successful import in my browser?
If permissions aren't the issue, one of the following factors may be at play:
Brokerage Delays: While most forms arrive by January 31, many brokerages delay Consolidated 1099s (like the 1099-B) until mid-February due to complex reporting requirements.
Availability: Your brokerage must specifically "release" the import file to TurboTax. If it isn’t ready, we recommend checking back.
Connection Blocks: Active VPNs or aggressive Anti-Virus software can occasionally block the import feature between your bank and TurboTax. Try disabling them temporarily or switching to a different browser.
a month ago
Click on My Info on the left side of the online program screen. Edit the Address and Phone Number information that you entered.
a month ago
TurboTax has always asked that question.
a month ago
There is no K1 in the Forms list. In the General Information section of TurboTax Business, I have entered the Grantor information, but TurboTax is not saving the Grantor SSN or the Ownership Pe...
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There is no K1 in the Forms list. In the General Information section of TurboTax Business, I have entered the Grantor information, but TurboTax is not saving the Grantor SSN or the Ownership Percentage. I have entered these numbers manually in the Forms view, and saved the changes, but TurboTax is erasing these fields from the form. At this point, I am stuck. The system is providing me no way to save this information.
a month ago
Why does it not subtract the excess withheld from the calculated .9% tax on excess earnings?
Topics:
a month ago
The response that you provided is a work around, suggesting to delete the entry and enter it manually. The basic problem is the import is not working properly. The message after importing the 1099s s...
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The response that you provided is a work around, suggesting to delete the entry and enter it manually. The basic problem is the import is not working properly. The message after importing the 1099s stated it was downloaded correctly and when viewing import summary, it shows $'s values entered for the multiple 1099's. Then, when clicking on Interest Income, it shows that the specific institution that was downloaded has zero $0's and asking for a value. I view this is a basic problem with the software - Imports not working properly with a direct conflict in information. Please explain the source of this problem and how to proceed with using the imports working properly.
a month ago
I'm ready to file but it keeps flagging an error on that form. It wants me to change the zip code but the zip code is correct, it's the state field that's wrong, and it won't allow me to change the st...
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I'm ready to file but it keeps flagging an error on that form. It wants me to change the zip code but the zip code is correct, it's the state field that's wrong, and it won't allow me to change the state field.
Topics:
a month ago
If you are not using the TurboTax Live Full Service option where a CPA completes and files your tax return for you, answer NO.
a month ago
Those would be added in as a separate asset, using the same inputs you used for the original building asset, with the description indicating commercial real prop. improvements.
a month ago
The combined amount affects your AGI which in turn might affect some credits. We can’t see your return. You would have to look at both scenarios line by line to determine the changes.
a month ago
To file a new prior-year return for tax year 2024, 2023, or 2022, you'll need to purchase and download that year's TurboTax software for PC or Mac, as TurboTax Online and the mobile app are only avai...
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To file a new prior-year return for tax year 2024, 2023, or 2022, you'll need to purchase and download that year's TurboTax software for PC or Mac, as TurboTax Online and the mobile app are only available for the current tax year. See additional information in the link below.
How do I file a 2024, 2023 or 2022 tax return?
TurboTax Online can be used to file your 2025 tax return. If the prior years do not affect your 2025 tax return you can file that now. If you think you may owe money it's important to file soon. Keep in mind that a tax return that is never filed is never closed.
a month ago
I get the message that efile of the 2025 1040X is unavailable because I didn't efile the original. But I did and it shows up in the filing status page. I really don't want to print and mail 40 page...
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I get the message that efile of the 2025 1040X is unavailable because I didn't efile the original. But I did and it shows up in the filing status page. I really don't want to print and mail 40 pages! I owe an additional amount...not much.