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I'm filing form 1099-NEC for 2025 using Turbotax Home and Business desktop. Are the 1099-NEC and 1096 considered scannable and OK for filing if I print them from Turbotax to my printer. I was under t... See more...
I'm filing form 1099-NEC for 2025 using Turbotax Home and Business desktop. Are the 1099-NEC and 1096 considered scannable and OK for filing if I print them from Turbotax to my printer. I was under the impression these forms need to be scannable, but when I choose print "all forms for filing" they don't look scannable or I can't tell if they are. 
Software is no longer available from TurboTax for 2020 or 2021; any refunds you could have received for those years have been forfeited---which is extra sad because those were the tax years for the s... See more...
Software is no longer available from TurboTax for 2020 or 2021; any refunds you could have received for those years have been forfeited---which is extra sad because those were the tax years for the stimulus checks.   If you owe tax due for those years you must still pay with late filing penalties and interest.   TurboTax has software for 2022 onward.   Software is no longer available from TurboTax for earlier years, nor would it be supported even if you find it on eBay, etc.  Updates are not available.   It is also too late to receive a tax refund for a tax year earlier than 2022---those refunds have been forfeited.      It might be better for you to seek local paid tax help in a situation when you are several years behind in filing your tax returns.  Do you even have all of the documents you will need to enter and show your income—like your W-2’s and any 1099’s?     You cannot change the tax year.   The current online program is for 2025 only.   Only a 2025 return can be prepared online and only a 2025 return can be e-filed.   Online preparation and e-filing for 2022, 2023, and  2024 is permanently closed. Note:  The desktop software you need to prepare the prior year return must be installed/downloaded to a full PC or Mac.  It cannot be used on a mobile device.   To file a return for a prior tax year  If you need to prepare a return for 2022, 2023, or 2024  you can purchase and download desktop software to do it, then print, sign,  and mail the return(s) https://turbotax.intuit.com/personal-taxes/past-years-products/ You may also want to explore purchasing the software from various retailers such as Amazon, Costco, Best Buy, Walmart, Sam’s, etc.   Remember to prepare your state return as well—if you live in a state that has a state income tax.   https://ttlc.intuit.com/turbotax-support/en-us/help-article/state-taxes/contact-state-department-revenue/L9qVToi02_US_en_US?uid=m6e06um0   You cannot change the tax year.   The current online program is for 2025 only.   Only a 2025 return can be prepared online and only a 2025 return can be e-filed.   Online preparation and e-filing for 2022, 2023, and  2024 is permanently closed. Note:  The desktop software you need to prepare the prior year return must be installed/downloaded to a full PC or Mac.  It cannot be used on a mobile device.   To file a return for a prior tax year  If you need to prepare a return for 2022, 2023, or 2024  you can purchase and download desktop software to do it, then print, sign,  and mail the return(s) https://turbotax.intuit.com/personal-taxes/past-years-products/ You may also want to explore purchasing the software from various retailers such as Amazon, Costco, Best Buy, Walmart, Sam’s, etc.   Remember to prepare your state return as well—if you live in a state that has a state income tax.   https://ttlc.intuit.com/turbotax-support/en-us/help-article/state-taxes/contact-state-department-revenue/L9qVToi02_US_en_US?uid=m6e06um0   When you mail a tax return, you need to attach any documents showing tax withheld, such as your W-2’s or any 1099’s.  Use a mailing service that will track it, such as certified mail so you will know the IRS/state received the return.   Federal and state returns must be in separate envelopes and they are mailed to different addresses.  Read the mailing instructions that print with your tax return carefully so you mail them to the right addresses.    
Yes if you itemize.   How did you pay them?  When you enter a SSA-1099 they automatically go to Medical.   You can only deduct the amount of unreimbursed Medical Expenses and Insurance you actually... See more...
Yes if you itemize.   How did you pay them?  When you enter a SSA-1099 they automatically go to Medical.   You can only deduct the amount of unreimbursed Medical Expenses and Insurance you actually paid over 7.5% of your AGI.  And then all your itemized deductions have to be more than the standard deduction to get any benefit (so you would only be getting the benefit of the amount that puts you over the standard deduction).  And since the Standard Deduction is increased more people will not need to Itemize.   For 2025 the standard deduction amounts are: Single 15,750 + 2,000 for 65 and over or blind (17,750) HOH 23,625 + 2,000 for 65 and over or blind Joint 31,500 +  1,600 for each 65 and over or blind (both 34,700) Married filing Separate 15,750+ 1,600 for 65 and over or blind
@ lmkfdk wrote: I had already tried all your suggestions to search my computer and my OneDrive storage. The tax returns are not there. Why would I not have my saved pdf tax files that were there ... See more...
@ lmkfdk wrote: I had already tried all your suggestions to search my computer and my OneDrive storage. The tax returns are not there. Why would I not have my saved pdf tax files that were there before? I have always saved as PDF's in all my prior Turbo Tax programs. All but 1 return is missing. I'm not sure what else to do. I did mail a request to the IRS for my 2024 tax return. Sorry you are having that issue.   I've seen it happen to users a small number of times, but I don't know why it happens or what else to suggest.   I presume you did also check the Recycle Bin, since you said "tried all" suggestions.  You can see if anyone else responds in this thread, or if you wish to discuss it with TurboTax Support to see if they suggest anything else, here's how to reach them: https://ttlc.intuit.com/turbotax-support/en-us/contact/   Since I've seen this happen to a few other users in this forum over the years, I make a point of saving a backup copy of my current in-progress *.tax2025 data file to a thumb drive after every work session.  And when my return is finished and filed, I save backup copies of both the tax data file and PDFs to external storage, too.  I usually save a PDF "as filed", and a PDF with "all forms and worksheets."   These files also need to be safeguarded against hacking, computer theft, etc. since they contain a lot of sensitive personal info.
Yes, you enter your share of 25% of everything, including gross sales price, cost basis and selling expenses.  You should have received a Form 1099-S from the closing agent, generally a title insuran... See more...
Yes, you enter your share of 25% of everything, including gross sales price, cost basis and selling expenses.  You should have received a Form 1099-S from the closing agent, generally a title insurance company, an escrow company or an attorney.  The 1099-S should show your share of the gross sales price and that's the figure you should use on Schedule  D.   BTW, the cost basis is the appraised value of the property when your parent passed away plus any major improvements since then, not what they paid for.  If the property wasn't reappraised at that time, get a qualified appraiser to do it before you file your 2025 tax return.
Debido a que cada empresa tiene sus propios requerimientos, es importante que primero te contactes con la entidad que emitió los pagos. También es prudente que revises tu correspondencia, ya que ... See more...
Debido a que cada empresa tiene sus propios requerimientos, es importante que primero te contactes con la entidad que emitió los pagos. También es prudente que revises tu correspondencia, ya que muchas empresas envían estos formularios por correo postal.   
The car loan interest deduction worked in my test returns for both TurboTax Desktop and TurboTax Online today.  Make sure you have a valid VIN.  You may want to delete the Schedule 1-A in FORMS and s... See more...
The car loan interest deduction worked in my test returns for both TurboTax Desktop and TurboTax Online today.  Make sure you have a valid VIN.  You may want to delete the Schedule 1-A in FORMS and step through the interview in this section again.    In TurboTax Online, you can delete your Cache and Cookies after deleting the form, then step through the section again.  Here's How to Delete Forms in TurboTax Online.    Here's more on the Car Loan Interest Deduction.   @baabalicious   
The rollout of the IRA, Pension 1099-R module is in process.  Many have received it as of 01/22/2026.  It should be available to everyone by the end of the week.
The rollout of the IRA, Pension 1099-R module is in process.  Many have received it as of 01/22/2026.  It should be available to everyone by the end of the week.
Hi. Three years ago, I converted my entire Roth IRA account to an immediate annuity.  What am I suppose to answer to this question from Turbo Tax deluxe?  Thank you.
This is how you enter the new car loan interest deduction in Turbo Tax Online.   Go to Deductions and Credits. Choose Cars and other things you own. Choose Car loan Interest. Check el... See more...
This is how you enter the new car loan interest deduction in Turbo Tax Online.   Go to Deductions and Credits. Choose Cars and other things you own. Choose Car loan Interest. Check eligibility by answering YES. Enter vehicle VIN. Check for Uncommon situations. Enter Total interest paid during 2025.   The interest deduction allows up to $10,000 for new vehicles bought from 2025 to 2028. You can take the deduction even if you don't itemize.  
Sounds like you entered some information that required an upgrade to a paid version.   WHY DO I HAVE TO PAY?  I WANT THE FREE EDITION   The information that you can enter in Free Edition is p... See more...
Sounds like you entered some information that required an upgrade to a paid version.   WHY DO I HAVE TO PAY?  I WANT THE FREE EDITION   The information that you can enter in Free Edition is pretty limited now.  Thanks to the tax laws that began for 2018 returns, there are no more simple Form 1040EZ or 1040A's.  Everything goes on a Form 1040 that has three extra "schedules" with it, and if you need any of those schedules, you are not able to use the Free Edition.  Using the standard deduction instead of itemizing does NOT mean you will not need any of those schedules.   If you started in the Free Edition and entered any data that required any extra forms or schedules, you have to upgrade to a paid version and if you are watching the screens carefully you are alerted to the upgrade.       TurboTax Online: Important Details about Filing Simple Form 1040 Returns If you have a simple Form 1040 return only (no forms or schedules except as needed to claim the Earned Income Tax Credit, Child Tax Credit or student loan interest), you can file for free yourself with TurboTax Free Edition, or you can file with TurboTax Live Assisted Basic at the listed price. Roughly 37% of taxpayers are eligible. Examples of situations included in a simple Form 1040 return (assuming no added tax complexity): W-2 income Interest, dividends or original issue discounts (1099-INT/1099-DIV/1099-OID) that don’t require filing a Schedule B IRS standard deduction Earned Income Tax Credit (EITC) Child Tax Credit (CTC) Student loan interest deduction Taxable qualified retirement plan distributions   Examples of situations not included in a simple Form 1040 return: Itemized deductions claimed on Schedule A, like charitable contributions, medical expenses, mortgage interest and state and local tax deductions Unemployment income reported on a 1099-G Business or 1099-NEC income (often reported by those who are self-employed, gig workers or freelancers) Stock sales (including crypto investments) Income from rental property or property sales Credits, deductions and income reported on other forms or schedules        How can I see my TurboTax  fees?  https://ttlc.intuit.com/turbotax-support/en-us/help-article/intuit-account-billing/review-fees-turbotax-online/L1XnIzgzg_US_en_US?uid=m682vq7k   If your TurboTax fees are higher than expected, you can reduce them by removing add-ons     (BEFORE you e-file) :   Remove Premium Services Remove MAX Defend & Restore Remove a state Remove PLUS Help & Support Remove Pay With Your Refund     Or—-Use this IRS site for other ways to file for free.  There are 8  free software versions available from the IRS Free File site   https://apps.irs.gov/app/freeFile/    
Yes, you qualify for the Exclusion of Gain in the amount of $500,000 resulting from the sale of your residence, if you meet the following requirements fully:   You sell your home within 2 year... See more...
Yes, you qualify for the Exclusion of Gain in the amount of $500,000 resulting from the sale of your residence, if you meet the following requirements fully:   You sell your home within 2 years of the death of your spouse. You have not remarried at the time of sale. Neither you nor your late spouse took the Exclusion on another home sold less than 2 years before the date of the current home sale. You and your late husband meet the 2-year ownership and residence requirements. Here's some more information. We're happy to help with any follow-up questions. 
With respect to your 2024 tax return, an outstanding recharacterization is a recharacterization of a contribution made for 2024 in 2024 but recharacterized in 2025 by the due date of your tax return,... See more...
With respect to your 2024 tax return, an outstanding recharacterization is a recharacterization of a contribution made for 2024 in 2024 but recharacterized in 2025 by the due date of your tax return, including extensions.   Line 19 is added to line 18 to produce the amount to include on Form 8606 line 6.  For an outstanding recharacterization from a Roth IRA to a traditional IRA (the most common recharacterization), the amount recharacterized is entered as a positive number.  If the outstanding recharacterization was from a traditional IRA to a Roth IRA (rather rare), the amount recharacterized would be entered as a negative number.  The intent is to make the year-end value on Form 8606 be what it would have been had the contribution originally been made to the account to which it was ultimately recharacterized (without regard to any investment gain or loss attributable to the amount recharacterized).   Regarding line 20, you are correct.  You do not have an outstanding rollover to enter because the distribution was not from a traditional IRA.  Only distributions from a traditional IRA near the end of one year and rolled over to a traditional IRA early the next year are considered to be outstanding rollovers.  
The key is to get as close to $0 as possible - not rely on a large refund. That means you gave the government an interest free loan for the year. The energy credits would be something as an outlier t... See more...
The key is to get as close to $0 as possible - not rely on a large refund. That means you gave the government an interest free loan for the year. The energy credits would be something as an outlier that would allow you to get a refund if you were near zero. Trump's tax bill was more favorable for people which is why most are seeing larger returns this year due to the change, although I do wish he kept the Home Energy Credits but they are gone after 2025 filing. I would look into your withholdings (W4) if you are not please with your refund but again that's just lending money to the government at 0% interest.
Enter your inherited Contract for Deed in TurboTax as an Installment Sale to ensure that the interest and capital gain are reported properly on your tax return.    Follow these steps:   Ch... See more...
Enter your inherited Contract for Deed in TurboTax as an Installment Sale to ensure that the interest and capital gain are reported properly on your tax return.    Follow these steps:   Choose Wages & Income from the left panel. Choose Less Common Income.  Choose Installment Sales. Do you want to report an installment sale?  Tap Yes. Type in the Description of Property Sold. Choose the Property Type Code from dropdown menu. Date you acquired this property (use decedent's date of acquisition). Date you sold this property. Selling price of property. Cost or other basis of this property (use decedent's cost basis). Question: Can the selling price be determined at close of the tax year during which this sale or other disposition occurred?  Answer Yes. Let's get the details of your sale: Enter the Gross profit percentage as decimal. You find this number in decedent's or your prior-year tax return, on Form 6252, line 19. The Gross Profit Percentage is "profit on sale" divided by "sales price". Then enter the total amount of principal paid before 2025 to the decedent and you.  Answer the next 3 pages' questions. Enter the amount of principal payments received in 2025. Enter the amount of interest received in 2025. Consider the question with regard to interest from a mortgage. Answer the question on final payment received with Yes. Answer the related party question.   We'll be happy to help with any follow-up questions.