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The variations in basis and depreciation each year are affected by what you enter for personal and business mileage driven each year. The more business miles versus personal, the larger the depreciable basis and resultant depreciation.   I suggest you edit your business entries and on the screen that says Your (name of business) Business, choose Business Expenses, then Business Vehicle Expense menu options. Then, choose the option to update your business vehicle entry. You will come to a screen that asks you how you want to enter your vehicle mileage. You need to enter your total mileage, the mileage driven for business and your commuting miles. Your depreciation deduction will be dependent on how many miles you drove for business versus personal.

You get a prompt for all of the income item adjustments on one page.     As you click through the VA state return, you will come to a page titled Here's how Virginia handles income differently.   When you are on that page, you can scroll down to the Education section and select Start next to Commonwealth Savers (Section 529) Plan.      Virginia offers 529 Plans: - Virginia Education Savings Trust (Invest529) - Virginia Prepaid Education Program (Prepaid529) - CollegeWealth (only through certain banks) - CollegeAmerica (only through financial advisers)   The amount of the deduction depends on your age, how much you paid toward a prepaid tuition contract or contributed to a savings account this year and if your payments to these accounts in a prior year were more than the maximum deduction allowed.  

Crypto CSV uploads are temporarily unavailable in TurboTax.  This functionality will be available soon.   In order to upload a CSV into TurboTax you first need to make sure that it is formatted so TurboTax can read it.  Use this link to get to the TurboTax universal template.

No, this is not an error - this form does need to be reported on your return. The lead-in instructions that you are seeing only apply to part I of Form 8606.  If you made a Roth conversion, the taxable part of that conversion gets calculated in part II of Form 8606.  If there weren't any non-deductible contributions in the traditional IRA from which you made the conversion, then the amount will be fully taxable and reported on line 18 in Part II of Form 8606.  That amount will then flow your Form 1040 line 4b to be taxed on your current year return.

I have income from the state of MN  on a 1099-Misc, when I key it in as misc income and hit return it states "We'll include this income in the Self Employed Section C"   I have received this income every year since 2022, and it has always placed it in Misc Income..   I followed the directions in this help message, deleted the business it created deleted the schedule C.  Then went back to enter the data again with the same result it put it in the self employed section.  Why is the software working differently this year? and how do I resolve? I keyed in that this income is from Sustainable Forest Incentive Act.

It depends on how it was reported. It is either from a 1099 DIV or a K-1 entry. Most people seeing  REIT income have a mutual fund or ETF that holds real estate. Look at your 1099-DIV forms (especially from brokerages like Vanguard, Fidelity, or Schwab). Check Box 5 (Section 199A dividends).   Any amount in Box 5 is technically "Qualified REIT Dividends." TurboTax pulls this number to calculate your Qualified Business Income (QBI) Deduction (Form 8995). Even if you don't "own a REIT" directly, your mutual fund might, and it's reporting your share of that income here.   If you imported data from a brokerage or entered a K-1 manually, it may have included PTP (Publicly Traded Partnership) income. Check your list of forms for anything starting with "K-1." PTP income is often reported in Box 20, Code AD or Box 14 of a Partnership K-1.   If you find activity in either of these two places, the $944 is a Qualified Business Deduction you are entitled to claim.    

In TurboTax Desktop in the Step-by-Step mode, go to Personal Income>Retirement Plans and Social Security>IRA, 401(K), Pension Plan Withdrawal (1099-R).    Click on Update.    You will see a screen showing your 1099-Rs, with the ones that need Review highlighted.    Click on the pencil icon beside each 1099-R that needs review to get back into the 1099-R entry screens. Review your entries and answers to the questions about your 1099-R. Any missing item(s) should be highlighted in red.

I finally got a response after submitting a customer care request on the ARAG website. Representatives at TurboTax didn't even know about this product. The first time I called they were no help and the call eventually disconnected. I talked to someone else today, and they also had never heard of Will Builder. The sound quality was really bad, but he did try to connect me with some other "expert". That's when I saw the email reply from ARAG.   They are supposed to initiate an email with access information, but I had to follow up and request them to do this. Maybe it's part my fault for being impatient, but they should have automatically contacted me and provided access when this was purchased.