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a month ago
No expert here - I also could not edit the cell (line 10 on the form) - to change - right click then select override. I believe thats what the other poster was saying to do. I have not finished ...
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No expert here - I also could not edit the cell (line 10 on the form) - to change - right click then select override. I believe thats what the other poster was saying to do. I have not finished but id does appear you have to do all the overides as well. I wont get it to zero, but my goal is to reduce some. Same issue - Bonus paid in Q1, also Cap Gain in Q4.
a month ago
Still not sure why folks are venting at TurboTax. The same thing is happening with H&R Block tax software. Clearly the tax code changes that were probably hastily written towards the end of 2025 are ...
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Still not sure why folks are venting at TurboTax. The same thing is happening with H&R Block tax software. Clearly the tax code changes that were probably hastily written towards the end of 2025 are complex and probably a bit convoluted--much like most of the bills passed by Congress. It would be prudent to take a step back, take a breath, and walk away from tax preparation for a few days and check your TT at the end of this week. We're still 2 months away from the filing deadline. Better to wait than try to bypass TT--not sure how advisable it is to expense an item that should be depreciated. I'm sure that when the D&A comes through there will be an option to do a one time expense vs depreciation for some items, but it would be wise to wait so the entries are put in the correct lines on the correct forms rather than rush and increase the risk of an audit.
a month ago
I called on a weekend and was able to get in touch with a person in a few minutes. Might try again on a weekend. I did call on a weekday and had to give up as I was on hold forever. As far a...
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I called on a weekend and was able to get in touch with a person in a few minutes. Might try again on a weekend. I did call on a weekday and had to give up as I was on hold forever. As far as I can tell, getting a person on the phone to manually do the state purchase is the only solution. It worked immediately after the transaction was completed.
a month ago
did you do the update ? mine worked fine a few days ago but perhaps your assets were different than mine.
a month ago
To get credit for the deduction of Overtime pay.
Post your W-2 exactly as it appears.
Continue through the interview.
You will reach the screen Let’s Check for Uncommon Situations
Selec...
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To get credit for the deduction of Overtime pay.
Post your W-2 exactly as it appears.
Continue through the interview.
You will reach the screen Let’s Check for Uncommon Situations
Select the box that says Overtime.
There are alternatives on how to enter this information
If this information is NOT in box 14 on your W-2
It may be on your final pay stub,
You may be able to find the stub online, or
Contact your employer
Qualified overtime isn't taxable in 2025. This doesn't apply to the straight-time portion of earnings.
The straight time portion of the overtime hours is still taxed.
However, the additional 50% incentive is not.
Your full W-2 wages (including overtime) are reported on 1040 tax return.
The deduction is applied on line 13b of the same tax return.
Details of the entry can be found on Form 1A in Part III.
For more information on the topic, see No tax on Overtime
Employers may include Qualified Overtime in Box 14 of the W-2.
a month ago
Got it. Do you know how I can add the losses from Robinhood predictions and Kalshi in TurboTax? Where do I add those and how. TurboTax did not ask about losses anywhere in the online version.
a month ago
It's Feb16th, was able to connect but can't find the document even though I can download from robinhood
a month ago
To get the fictitious/duplicate rollover removed in TurboTax Desktop, you will need to change to Forms Mode and delete the Form that was generated for you only.
The reason is that New Jersey ha...
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To get the fictitious/duplicate rollover removed in TurboTax Desktop, you will need to change to Forms Mode and delete the Form that was generated for you only.
The reason is that New Jersey has different rules regarding IRA contributions, in that they do not allow a deduction for IRA contributions. Because of this, TurboTax creates separate worksheets for each spouse to track their New Jersey basis (Money already taxed by NJ).
During the process of completing your return, the extra form was triggered and the software may have created an entry for you.
In Forms Mode, look for the two worksheets and open your worksheet. If it has data that should not be there, you can delete the entire form that pertains to you only.
Try running the State return again. If the problem persists, try deleting your Form 1099-R from the Federal, running the State without the Form 1099-R to clear it, then go back to Federal and re-enter your Form 1099-R.
a month ago
There is no such menu item in Chrome: Has anyone at Inutit actually tested this feature using Chrome?
a month ago
Where does 1099-R date get reported?
Topics:
a month ago
Chrome is definitely the problem. When I changed my default browser to Edge I got prompted about whether I want to link the information to another app. Once I approved the import went through just ...
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Chrome is definitely the problem. When I changed my default browser to Edge I got prompted about whether I want to link the information to another app. Once I approved the import went through just fine.
a month ago
I only received dividends on a stock. Did not buy or sell any stock? Do I have to use the Premium of the on line version of Turbotax?
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a month ago
2 Cheers
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 ...
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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.
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.
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?
@brettstuempges @eclipse31
a month ago
It's matching the product with the qualified manufacturer. The qualified manufacturer has registered the products that they make. By putting what you were charged for the most expensive product you...
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It's matching the product with the qualified manufacturer. The qualified manufacturer has registered the products that they make. By putting what you were charged for the most expensive product you are answering questions about the mark-up in your area as well as entering information about what you paid.
a month ago
Code TT is a new code for 2026. It's not supposed to be used for 2025. You can't enter it in your 2025 W-2, but you can use the amount to claim the deduction for overtime. After you enter your W-2 yo...
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Code TT is a new code for 2026. It's not supposed to be used for 2025. You can't enter it in your 2025 W-2, but you can use the amount to claim the deduction for overtime. After you enter your W-2 you will come to a screen that says "Let's check for uncommon situations." On that screen, check the box for Overtime. TurboTax will then prompt you to enter the information needed to claim the deduction for overtime. The amount shown as TT in box 12 is the amount you can deduct.
a month ago
I have paid school taxes based on property. where do I enter this on my return?
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