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This is what Turbo tax is doing. Stealing!!!! First, I have come across publicly available information across multiple platforms indicating that refund delays may be associated with funds being held for accrued interest. Given the current lack of transparency in my case, I am requesting clarification as to whether my funds are being held for any such purpose. Second, your explanation regarding the movement of my refund does not make sense. You stated that the receiving bank, Cross River Bank, rejected the refund, and that the funds were then returned to that same bank before being sent back to the IRS for reissuance as a paper check. Turbo tax, Intuit Inc, has received my IRS refund and is refusing to release it. Claiming that it was rejected by their receiving back and the funds are being sent back to the IRS. However, they still manage to withdraw the tax preparations fees from the funds that were rejected. Turbo tax stated that the refund was rejected by the receiving bank, Cross River Bank, which would indicate that the funds were never successfully received or deposited However, if the funds were in fact rejected and never received, please explain how TurboTax  Intuit was able to withdraw and process payment for my tax preparation fees from that same refund. This raises a critical question: If the funds were rejected and not received by the bank, how were fees successfully deducted from the refund? If Cross River Bank rejected the refund, how are the funds then routed back to that same bank? What specific process allows a bank that rejected a deposit to subsequently receive and transmit those same funds?   Below you will find the email response from Turbo Tax Intuit, Inc., Office of the president of Intuit.   Hello P I am emailing you from TurboTax Customer Care on behalf of Intuit's Office of the President. Thank you for taking the time to speak with me today. I am glad we were able to discuss your concerns. As a recap of your call, you expressed significant frustration after multiple interactions with representatives from TurboTax and Cross River Bank. You requested a clear timeline for when your refund would be deposited into your account. I advised that, unfortunately, there is no definitive timeline for the completion of this process. However, I mentioned that I would continue to research additional details and provide further updates regarding the resolution. After reviewing the situation and speaking to my colleagues, we have found that when a refund is rejected by the receiving bank, it is returned to the third-party bank (Cross River), which then sends the funds back to the Internal Revenue Service. From there, the IRS typically issues a paper check to the mailing address listed on the tax return. When a check is reissued on a case-by-case basis, it is mailed via USPS. Please note that tracking numbers are not provided for these checks. Delivery typically takes 10–14 business days, though the exact timeframe may vary depending on the your local mail carrier and regional mail processing times. After determining this information and getting a final explanation, we will be closing this case. If you have any future questions or concerns, visit https://www.intuit.com/support. We have resources, frequently asked questions, and experts standing by to help. Thank you for being an Intuit customer.   Respectfully,   Desiree' C. TurboTax Customer Care    

Only the interest paid on your mortgage is deductible.  So you would only convert the interest portion of your mortgage payment during the year.  You will convert the interest portion by using the average currency exchange rate.  Once you've converted the amount to USD, you will enter it on your SCH E.

The PDF tax file is viewed only with Adobe Acrobat. i.e. not using a browser. Adobe Acrobat is fully updated. I created another tax document (using save to PDF in TT desktop premier). Save problem as before. All other pages (Fed and other State pages (including page 2 of the Utah TC-40) ) do not get the error. Other people have the problem. This seems to be a TT problem. Adobe Acrobat ends the message with "Please contact the person who created the PDF document to correct the problem."

I am long standing TurboTax customer as is my entire family. I personally have used TurboTax for more than 25 years and I am livid with what scam you are pulling on people this year with the Santa Barbara Savings Tax Company. They fraudulently have Tax information for some of my family members and took money from their returns that was not authorized in TurboTax nor was it made aware. If TurboTax wants to offer an option to have your Tax fees deducted from your refund and they can't do it themselves they shouldn't offer it. At a minimum it should have been made very clear that the refunds would be significantly reduced by an amount determined by an outside company, that refunds would be delayed by weeks, and that your tax and bank information would be shared with this company.  You need to make this right or you can start kissing your customers goodbye   Heather Arnold 

How to Fix Error Code 209 To resolve the error code 209 in TurboTax 2025, follow these troubleshooting steps: Check Installation: Ensure that TurboTax is properly installed and not corrupted during the download or installation process. 1 Reinstall TurboTax: If the error persists, uninstall and then reinstall TurboTax1 2 Run as Administrator: Launch TurboTax as an administrator to avoid permission issues that may cause the error. 3 Disable Antivirus: Temporarily disable your antivirus software, as it may block certain files necessary for the installation or operation of TurboTax. 4 Contact Support: If the error continues, 

Rental is always a passive income. For people with MAGI < 150K , 25K of rental (if rental with active participation) can be deducted against ordinary income. However, TurboTax deduct it for a tax payer with MAGI over 160K. I am looking for a way to fix this

If you know you're going to file using TurboTax Online, it may be worth paying for your return and having the ability to view all the forms and worksheets as you go along.     There's also an option to go to Tax Tools > Tools > then 'View Tax Summary' from the pop-up.  Back at the the left-side menu, choose 'Preview My 1040' where you can view Form 1040 and Schedules 1, 2 and 3, although you won't be able to see all the worksheets in that view.   @ForeignGal 

@mesquitebean Thanks again for your reply! Looks 2021 is no longer available for download, based on this thread https://ttlc.intuit.com/community/after-you-file/discussion/how-do-i-amend-tax-filing-for-the-year-2021-it-appears-turbotax-desktop-2021-is-no-longer-available/00/3716946. :(

How to retrieve your IP PIN online You may use your online account to retrieve your current IP PIN. Your IP PIN is available through your “Profile” page. If you don’t already have an account on IRS.gov, you will be asked to create an account and validate your identity. Note: A minor dependent IP PIN cannot be retrieved online. To retrieve a minor dependent IP PIN call 800-908-4490. How to get your IP PIN reissued In the U.S. call 800-908-4490, Monday-Friday, 7 a.m. to 7 p.m. local time (Alaska and Hawaii follow Pacific Time). International users call 267-941-1000 (not toll free) between 6 a.m. and 11 p.m. Eastern time. Note: If you can verify your identity with a phone assistor, your IP PIN will be mailed within 21 days to the address on file with the IRS. Your IP PIN cannot be reissued by mail if You opted into the IP PIN program online after 2019.

Your net capital gain/loss is calculated by subtracting your capital losses from your capital gains (Schedule D). If you have a net capital loss, you can deduct up to $3,000 ($1,500 if Married Filing Separately) per year as a capital loss.  If your net capital loss is more than the yearly limit, you can carry the loss to next year's return as a capital loss carryover.   You have to look at your Qualified Dividends and Capital Gain Tax Worksheet (and maybe the Schedule D worksheet if you have collectibles or contracts) which is included with your return to see how the tax was calculated.    If you look at that worksheet, you’ll see that the calculation does separate long term and short term sales:   It subtracts your LTCG from your total taxable income. It calculates the tax on your "Ordinary Income" using standard brackets. It calculates the tax on your "Long-Term Capital Gains" using the lower preferential rates. It adds those two tax amounts together and this amount gets placed on Form 1040, Line 16.

In TurboTax 2025 for Mac, I’m not seeing any option under My Info to mark someone else can claim me as a dependent.  Also, that box is missing from the 2025 1040 and 1040 X.   Where is that option in TirboTax for Mac?   where does that show up on the actual return, since it’s no longer in the 1040.   Thank you.  

Under Estimated Tax Payments, should I use Additional Payments or Quarterly Payments for the checks from the UN? I think Additional Payments makes more sense.   The Self Employment tax appears to be for US citizens, not resident aliens like my wife.   I thought about e-filing with electronic debits for what we owe but how to account for the UN checks that will be processed after the return? So, there will be two checks for both the IRS and NY, one from the UN and the balance from us, so I think it would be wiser to mail the returns, along with the checks. And since I am mailing the vouchers and checks, I thought I might as well mail everything, Certified Mail with Return Receipt Requested.    Let me know your thoughts and thanks for the advice.

There's a question in the Rental Section interview, asking if you 'actively participate' that allows you to claim rental loss against other income. You might be able to deduct up to $25,000 of passive activity loss from nonpassive income, such as wages. However, the $25,000 amount is gradually phased out if your modified adjusted gross income is more than $100,000.   Losses will continue to carry over until you sell the property if not used, which will then reduce your capital gain on the sale proceeds.    Here's more info on Rental Property Deductions.   @rainagalbiati