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April 8, 2025
4:21 PM
1 Cheer
You entered the sale correctly. It gets the same treatment as if you had sold stock or other similar investment property and will appear as such on the investment summary screen in TurboTax.
April 8, 2025
4:21 PM
Why don't you make it easier to enter the IRS Identify PIN by adding it to the Step-by-Step module? There is no question that asks "Do you have an IRS Identify PIN? If so, enter it here ______"
Topics:
April 8, 2025
4:20 PM
To add spouse income in TurboTax
First, add your spouse here:
Log in to TurboTax
Go to the Personal profile screen, and under Your info select your name, then select Edit/Review
Add...
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To add spouse income in TurboTax
First, add your spouse here:
Log in to TurboTax
Go to the Personal profile screen, and under Your info select your name, then select Edit/Review
Add your spouse
The you can add your spouse's income here:
Click on Federal Taxes,
Click income Income, Job (W-2), Add/Edit
On the next page select Add a W-2
Choose your spouse's name
Then, fill out the information from their W-2
Original Post
April 8, 2025
4:19 PM
I am starting a fresh return from scratch, going through every step. I will monitor exactly how our refund changes when capital gains are entered, saving before and after screenshots to demonstrate t...
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I am starting a fresh return from scratch, going through every step. I will monitor exactly how our refund changes when capital gains are entered, saving before and after screenshots to demonstrate the problem to Intuit.
April 8, 2025
4:19 PM
If your Mac does not meet the system requirements and cannot be upgraded, then seek a refund for the download and try using online TurboTax instead.
https://ttlc.intuit.com/community/system-req...
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If your Mac does not meet the system requirements and cannot be upgraded, then seek a refund for the download and try using online TurboTax instead.
https://ttlc.intuit.com/community/system-requirements/help/minimum-system-requirements-for-turbotax-mac-software/00/25609
To request a refund for a TT product
https://ttlc.intuit.com/turbotax-support/en-us/help-article/intuit-refunds/request-refund-turbotax-product/L834M6uyW_US_en_US?uid=m6meybc2
ONLINE 2024
https://turbotax.intuit.com/personal-taxes/online/
April 8, 2025
4:19 PM
In my password manager I have two different PIN numbers.....one is something i created the other is something that I would never of created.. i switched out computer after same one for 10 years.. a...
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In my password manager I have two different PIN numbers.....one is something i created the other is something that I would never of created.. i switched out computer after same one for 10 years.. and am concerned which is correct. Hopefully I get the message with the one I did not create as it was prefilled this year. thanks for your response.
April 8, 2025
4:18 PM
Non-injury settlements are considered other taxable income. You should receive a Form 1099 if your settlement is taxable. You will be taxed on the income based on the tax bracket that you fall in an...
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Non-injury settlements are considered other taxable income. You should receive a Form 1099 if your settlement is taxable. You will be taxed on the income based on the tax bracket that you fall in and the federal income tax rates.
Please see the TurboTax article Are legal settlements taxable? for more information.
Refer to the TurboTax Help article Where do I enter an award from a taxable legal settlement?
April 8, 2025
4:18 PM
April 8, 2025
4:17 PM
Thank you! And this will work for Turbo Tax online edition?
April 8, 2025
4:17 PM
Thanks for your response. The gains are 90% long term. Our gross income will exceed $350,000.
April 8, 2025
4:16 PM
Are you using TurboTax Online? If so, you may be able to remove IRS form 1099-K by following these steps:
Down the left side of the screen, click on Tax Tools.
Click on Tools.
Click ...
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Are you using TurboTax Online? If so, you may be able to remove IRS form 1099-K by following these steps:
Down the left side of the screen, click on Tax Tools.
Click on Tools.
Click on Delete a form.
Find the form listed and click Delete to the right.
In TurboTax Desktop, you are able to remove a form by:
Selecting FORMS in the upper right hand corner of the screen.
Select the correct form in the listing on the left side of the screen.
Select Delete Form at the bottom of the screen.
If you report All items were sold at a loss or had no gain at the screen Personal Item Sales, the dollar amount is reported on Schedule 1 Additional Income and Adjustments to Income.
@trbanach
April 8, 2025
4:16 PM
Yes. Please read this TurboTax article by ReginaM regarding the proper sequence of steps to ensure the information is reported accurately in Schedule E and Schedule A.
@sandrom
April 8, 2025
4:15 PM
Wow you are the first person to catch that. Maybe it got into a recent update. Or you need to update since it says increase expected March but it is now after March. If your program says it's u...
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Wow you are the first person to catch that. Maybe it got into a recent update. Or you need to update since it says increase expected March but it is now after March. If your program says it's up to date or you can't update it then do the Manual Update for Windows https://ttlc.intuit.com/community/updating/help/manually-update-turbotax-for-windows-software-basic-deluxe-premier-home-business/00/26041 I would continue on and see what it says on the actual payment screen. Oh I see you did post that screen too.
April 8, 2025
4:15 PM
How do i complain to get the money that was guaranteed to me?
April 8, 2025
4:15 PM
You must get the TurboTax account User ID and the Password for the account that was created.
April 8, 2025
4:15 PM
You have to choose TurboTax Live when you begin your tax return, or you can select it as you are preparing your return. To select TurboTax Live:
Launch TurboTax
Select Live Tax Advice at...
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You have to choose TurboTax Live when you begin your tax return, or you can select it as you are preparing your return. To select TurboTax Live:
Launch TurboTax
Select Live Tax Advice at the top of your screen
A panel will appear on the right where you have the option to upgrade to TurboTax Live.
Refer to the TurboTax article How do I get TurboTax Live?
The extension gives you until October 15, 2025 to file your taxes without getting a failure to file penalty. You don't get extra time to pay your taxes so you must pay any taxes that you may have that are due by April 15, 2025 so you won't be assessed the failure to pay penalty.
Refer to the TurboTax Help article How do I file an IRS tax extension?. If you need to file a state extension, review the article How do I file an extension for my personal state taxes?
April 8, 2025
4:14 PM
You report the sale of a personal property in the same section where you report the sale of stocks and bonds. There is not an entry screen for a 1099-S, but the IRS expects to see the proceeds repor...
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You report the sale of a personal property in the same section where you report the sale of stocks and bonds. There is not an entry screen for a 1099-S, but the IRS expects to see the proceeds reported on the form on your tax return. To report the sale of the property, while in your return:
Click on Search
Type in "Form 1099-S:
Click on "Jump to form 1099-s"
If you've already entered some investment sales, click on "Add investments", otherwise
Answer Yes to "Did you have investment income in 2022?"
Click through the program until you get to "Let's import your tax info?", and click on "Enter a different way".
Continue and enter the details of your sale.
Be sure to adjust your proceeds for any sales expenses like commissions, advertising, etc.
April 8, 2025
4:14 PM
HOW DO I GET STARTED WITH TT DESKTOP
https://ttlc.intuit.com/turbotax-support/en-us/help-article/license-information/install-turbotax-cd-download-software-license-code/L1wFOSXur_US_en_US?uid=m5...
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HOW DO I GET STARTED WITH TT DESKTOP
https://ttlc.intuit.com/turbotax-support/en-us/help-article/license-information/install-turbotax-cd-download-software-license-code/L1wFOSXur_US_en_US?uid=m5zp8c5h
April 8, 2025
4:14 PM
Can you clarify, are you using TurboTax Desktop or TurboTax Online?