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I bought Intuit TurboTax Deluxe Federal State License 2024 for the first time last year, and made a mistake by filing my taxes using TurboTax online, so I didn't use the license code. This year, I bought two Intuit TurboTax Deluxe Federal State License 2025 since my son needed to file his taxes too, and only one of the two license codes was used. Can I still use the unused license codes for 2026?  Thank you

I have a farm, operated as an LLC, and report its income/expenses on Schedule F. For many years I have used Turbotax Home & Business edition. The farm showed a loss for several years resulting in the accumulation of a significant Qualified Business Loss which Turbotax is reporting on Form 8995. In 2025 the farm finally generated a significant profit. I expected the losses carried forward from previous years would be available to reduce the 2025 profit, but the full amount of income calculated on Schedule F is reported on the 1040 as income for 2025.   Adding to the pain, the total Qualified Business Loss carryforward (Form 8995 Line 16) has been reduced by the amount of qualified business income shown on Form 8995 Line 2 (as a result of the Line 16 instruction to combine lines 2, a positive number, and 3, a negative number).    To further magnify the pain, it appears that if there had been no loss carried forward I would have been able to take a qualified business income deduction equal to 20% of the 2025 total farm income.  So prior losses mean that I now pay more tax.   Can this be correct? Or is something being missed somewhere? The Schedule F in the Turbotax view form mode shows pages called Carryovers to 2025 Smart Worksheet including columns labeled QBI with lines for losses, but all of those lines are blank.    The IRS information (https://www.irs.gov/newsroom/qualified-business-income-deduction ) indicates that I qualify for the deduction equal to 20% of the farm profit, but it is not being reflected in Turbotax. 

I believe that a logic flaw in TurboTax's education credit interview is causing users to be incorrectly assigned only the Lifetime Learning Credit (LLC) instead of the American Opportunity Credit (AOC), resulting in a significantly smaller and less favorable tax credit.   Financial Impact AOC: Up to $2,500, with 40% refundable (up to $1,000 back even with no tax liability) LLC: Up to $2,000, entirely non-refundable I am worried that users affected by this bug are leaving real money on the table.   The Broken Assumption TurboTax seems to treat two distinct facts as equivalent: "This is not your first year of college" is being used as a proxy for "You have previously claimed the AOC or Hope Credit"   These are not the same. A student can be in their second, third, or fourth year of college and have never claimed the AOC because they didn't know it existed, weren't informed by the software, or filed incorrectly in a prior year.   Steps to Reproduce The Issue Begin the education deduction credit section Select "No" when asked if this is your first year of college When asked how many times you've claimed the Hope Credit or American Opportunity Credit, leave the defaults at 0 Continue through the questions Observed result: User is placed on the LLC Expected result: A user with 0 prior AOC claims should still qualify for the AOC regardless of what year of school they are in — the software should not assume prior claims based on school year alone. Contributing UX Problem The question about prior Hope/AOC claims provides no in-context explanation of what those credits are. There is no tooltip, no "learn more" link, and no inline definition unless you manually use the help chat to the right. A user who has never encountered these terms has no way to answer accurately, they will default to 0 out of uncertainty not even realizing this. Additionally, TurboTax has access to prior year return data for returning users right? The software could cross-reference that data to pre-populate or at least verify this answer rather than relying on user recall of tax terminology they may not understand.   Suggested Fixes Add tooltips explaining the AOC and Hope Credit at the point of the question For returning TurboTax users, cross-reference prior returns to pre-populate the number of prior claims If prior return data is unavailable, add a prompt such as: "Not sure? We can help you check your prior return" Thank for your time and attention on this potential issue.  

I am having an issue with a dependent's peoples worksheet when dealing with education expenses. The specific dependent peoples worksheet shows an error message but no explanation. The educational entries  on the people worksheet do not transfer to the student info worksheet. So at this point no educational credits are allowed for this dependent. Unless something else is wrong appears to be a program issue. Is there a fix coming or is there a work around?