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I had the same experience as you. I received the letter this past weekend and now they want more information sent to them. This is getting to be a long and frustrating process. I’m going to work on it tonight to see if I can get the paperwork that they want resubmitted. This should have all been figured out way before tax season. I don’t even know if I should blame the IRS or turboTax

Hi, Turbo Tax is saying I might be due a refund from my employer (1 penny) for Social Security tax withheld. Turbo Tax is also saying that I can't file my taxes until I get the corrected W2.   In a Turbo Tax post from 2021 it says for 1 penny I don't need a corrected W2.  Do I just continue with my taxes, or will Turbo Tax prevent me from filing?   Thank you    

Yes, it is working and has been working for at least a week. Please do the following and update if you have the same experience.   Try clearing the cookies and cache.   It handles many issues that seem nonsensical on a regular basis with online activity. Watch to be sure you are selecting 'all time' as example.  Do not use selections like 'last hour' for those browsers that give  you options. How to clear your cache Once this is complete open your return and try again.   If you are using TurboTax Desktop, save your return, then at the top select Online, then Check for updates.

It is fixed. You can enter the room and board expenses. Follow these steps: Under federal deductions and credits In the education section Open/ Edit the 1098-T section Continue through to room and board expenses

To enter, edit or delete your Form 1095-A - Click on Federal Taxes (Personal using Home and Business) Click on Deductions and Credits Click on I'll choose what I work on (if shown) Scroll down to Medical On Affordable Care Act (Form 1095-A), click the start or update button

To start a new account with a new User ID and a new email address go to this website and click on Sign up to create a new account - https://turbotax.intuit.com/personal-taxes/online/file-your-own-taxes/

There should be a button you can click that shows the business code options in TurboTax.  The codes are listed in the instructions for Schedule C - linked here.     More on business codes - Business codes are used by the IRS to categorize your business for statistical purposes only. The code you enter won't affect the outcome of your tax return.   Return to the business/Self-Employed income section to change your business code.     

TurboTax has a limitation.  When you have more than 1 category (e.g. General, Passive...), you need to add the the one with the largest foreign credit to be in Copy 1!  For example, if General category yields the biggest credit, it must be in 1116 Copy 1, before you let TurboTax snatch Copy 1 for the Passive income (Dividends, rentals...).   I can verify the forms in the Desktop version, not sure about the Online version.   Below was from the Special Instructions from within TurboTax On-demand guidance: Special instructions when multiple categories of foreign income are present Foreign tax credits are governed by some of the most complex sections of the tax code. There are some less common situations involving multiple foreign income sources that might require special handling. These less common situations may require special procedures to generate a return that can be e-filed. This guidance is intended to help explain what those special procedures are and when you need to use them. How TurboTax Works Currently First, a little background on how TurboTax handles foreign income. We try to make it as easy as possible by identifying foreign income that is reported on Forms 1099-INT, 1099-DIV, and K-1. Whenever we identify foreign income, we offer to link this income to a Form 1116 when you start the Foreign Tax Credit interview. (Form 1116 is what is used to calculate the amount of your foreign tax credit). When different categories of income are present, or there are more than 3 different sources in the same category, multiple Forms 1116 must be generated. We generate those forms in a specific order. If there is any "General category" income reported on a K-1, we'll offer to generate a Form 1116 by linking that income first. Next you can generate copies of Form 1116 by linking to "Passive category" income that is reported on Form(s) K-1, Form(s) 1099-INT, Form(s) 1099-DIV, in that order. Finally you can generate additional copies of Form 1116 for other income by editing/creating more copies and entering income and taxes paid by category and country. When multiple copies of Form 1116 are required, this method will generate multiple copies of Form 1116 in the correct order required by the IRS for the vast majority of taxpayers. You simply report income from forms in the order they're presented in the interview. However, in a small number of cases, this will result in forms that are not in the order required by the IRS, and special instructions must be followed instead of the standard procedure. When Special Procedures Must Be Followed The IRS requires the copy of Form 1116 reporting the largest Foreign Tax Credit to be listed first in the return, and on this copy is a summary of the foreign tax credits claimed on additional copies. Since TurboTax generates the forms in the order in which they're linked, this sometimes results in the first copy NOT being the copy with the largest foreign tax credit. This can result in a return that can't be e-filed. This will usually happen if the foreign income on which you paid the most foreign tax is not the first copy of Form 1116 that you create in TurboTax. How To Create Copies Of Form 1116 In The Right Order In order to make sure TurboTax generates multiple copies of Form 1116 in the correct order, you should first identify which source of foreign income incurred the most taxes. This item will generally result in the largest credit and should be listed first. Once you know which income item to list first, make sure the first copy of Form 1116 includes this item. In the interview, you do this by NOT "reporting" income from any K-1's or 1099's the first time you visit the Foreign Tax Credit interview, except for the income item that generates the largest credit. ("Reporting" income in the Foreign Tax Credit interview creates a copy of a Form 1116 and links the income to the Form 1116). The first time through the interview, only report income from the item with the largest tax paid. After completing the interview the first time for the largest item, then you can revisit the interview and report any other items you have. (Note: "completing the interview" involves answering Yes to question about being done with "all Foreign Tax Credit Computation Worksheets.") This will generate the additional copies of Form 1116 that you need, and they should be in the correct order. Here are two sample situations to illustrate the process: Situation one-Taxpayer has a 1099-DIV with $1,000 in foreign-source dividends and $200 in foreign tax paid. In addition the W-2 reports $50,000 of wages, and $20,000 of this amount was earned in a foreign country with $4,000 of foreign tax paid on the $20,000. TurboTax will first offer to report the income from the 1099-DIV. But in this case, the largest foreign tax credit will be on the wages (which are general category income), so if the 1099-DIV is reported first then the copies will be out of order and the return can't be e-filed. The taxpayer should NOT report the income from the 1099-DIV the first time through the interview. Instead, the taxpayer will report General category income from the foreign wages and the tax paid on that income. After completing the interview with only General category income reported, the interview should be revisited. The second time through the interview the 1099-DIV income can be reported. This will create a return that can be e-filed. Situation two-Taxpayer is a partner in a partnership reporting general category foreign income on a K-1 of $10,000 and foreign taxes on that income of $2,000. The taxpayer also received $50,000 of foreign source dividend income on a 1099-DIV with $5,000 of taxes paid. When the Foreign Tax Credit interview is first visited, the taxpayer will first be asked to report the income from the K-1. Since the K-1 income is not the largest foreign tax item, the income should NOT be reported (at first). Next TurboTax will prompt you to report the dividend income, which is the largest foreign tax item, so it should be reported. After answering all the questions and completing the interview, the taxpayer can revisit the interview and report the K-1 income. This will create a return that can be e-filed. Due to complexities in how the foreign tax credit is computed it is possible in some situations that the income with the most taxes may not be the income that generates the largest foreign tax credit. If following these instructions still results in an error during Smart Check related to Form 1116, Line 22, then that is what occurred. You'll need to revisit the Foreign Tax Credit interview and delete the first copy of the form. Complete the interview, and then start again and re-add the information from the copy you deleted. This will re-order the forms. Visit Smart Check again to see if the correct copy is now first (i.e. the error has gone away). Repeat this process until the form with the largest credit has moved to the beginning.