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I figure one has to add all the accounts together. It'd be nice if they were done separately.
You can't update the form in turbo tax home and business edition. What will be a way to get around to adjust the AMD as tax exempt interest for NJ state.    Cleary a bug for the TT software, that b... See more...
You can't update the form in turbo tax home and business edition. What will be a way to get around to adjust the AMD as tax exempt interest for NJ state.    Cleary a bug for the TT software, that bug costs me dearly. What is the best way to fix the issue? 
I've been reporting my kids' 529 withdrawals for 6 years.  This year turbotax is telling me that we owe tax on about $5K of the $40k withdrawal amount.  But it won't tell me why.  Nothing has changed... See more...
I've been reporting my kids' 529 withdrawals for 6 years.  This year turbotax is telling me that we owe tax on about $5K of the $40k withdrawal amount.  But it won't tell me why.  Nothing has changed from prior years - I even pulled up previous returns to check, and compared the entries line by line.  I tried putting in fake numbers to see how it affected the outcome, but when I (for example) pretend room and board was $5k higher the amount goes down, yet not by the full $5k.  There are no scholarships, no disallowed expenses, the amount withdrawn is less than the university's published cost of attendence.  Its all completely straightforward - we paid tuition and (off campus, like last year) room and board. It definitely should not be taxable, and never has been before.   How do I figure this out? There is no info provided.
Do I have to upload the form separately, if I e-files my CO return using TurboTax? This is for 2024 return (e-filed on April 6, 2025). Thank you
I'm on the online version of TurboTax where I'm entering information about my EV charger that I installed.    I've filled everything out to the best of my ability, but when I click "Next" I get a d... See more...
I'm on the online version of TurboTax where I'm entering information about my EV charger that I installed.    I've filled everything out to the best of my ability, but when I click "Next" I get a dialog that says there's an error that I need to correct, but nothing changes in the UI. Nothing is highlighted in red, so I'm unable to figure out what I've done wrong.    Also - jfyi I think I'm on "premium" but couldn't find that as a dropdown option, so went with "premier"
I am filing married jointly. based on my household income, I supposed to pay 15% tax for my dividend income but turbo tax charging more. e.g. before entering dividend income I have a refund $3771. But... See more...
I am filing married jointly. based on my household income, I supposed to pay 15% tax for my dividend income but turbo tax charging more. e.g. before entering dividend income I have a refund $3771. But after entering $4721.51dividend refund comes down to $2883. That means. for $4721.51 ordinary & qualified dividend total tax is $888 which is 19%. what am I missing here? any help is appreciated.
I recommend going through the entire state interview section for the Minnesota return again but only after you review your entries in the interview section for your former state of residence.    ... See more...
I recommend going through the entire state interview section for the Minnesota return again but only after you review your entries in the interview section for your former state of residence.    If you have already filed your federal return, follow these steps to get back into your state return.  Once you are in your TurboTax file, select the former state of residence and confirm the entries in each interview screen.  You should be prompted to review your residency status in the former state's interview screens.   Once you have reviewed your input on the prior resident state return, select the Minnesota return and go through the interview screens again. You should be able to review your residency status on the screen titled "Minnesota Individual Income Tax Return."  On this screen, select Change Residency Status.     You will then see a screen titled "Change your Minnesota Residency" where you can confirm you have selected part-year resident income tax return. Select Continue.     You will then be able to enter the residency dates on the "Part-Year Resident Information" screen.     Proceed through the interview screens for Minnesota and you will then be able to review your input on the Form M1PR.      
I filed a personal tax return as a dependent. Was that the correct thing to do? If not, do I qualify for a refund?
Here's what the IRS says, in Publication 503, Child and Dependent Care Expenses, on page 10. "Expenses prepaid in an earlier year. If you pay for services before they are provided, you can count ... See more...
Here's what the IRS says, in Publication 503, Child and Dependent Care Expenses, on page 10. "Expenses prepaid in an earlier year. If you pay for services before they are provided, you can count the prepaid expenses only in the year the care is received. Claim the expenses for the later year as if they were actually paid in that later year."  
@jan100 ,  a method to "Recognize " the income and then exclude  proposed by my colleague @DaveF1006 ,  works well in this case --- enter the Social Security total as Other income -- Schedule-1  line... See more...
@jan100 ,  a method to "Recognize " the income and then exclude  proposed by my colleague @DaveF1006 ,  works well in this case --- enter the Social Security total as Other income -- Schedule-1  line  8 "other income", sub. line z  with comment -- Czech Social Security.  Then follow by another  entry  with a negative amount  with notation  " excluded per US-Czech Tax Treaty article 19 para 1(b).   Part of the reason for this contorted way is because  of limitations of TurboTax software.  But it works
This does work for me. I followed all instructions here but it stills report the 1099-R number on box 4b of my 1040. Looks like the TurboTax software has bug on this? So annoying, it usually worke... See more...
This does work for me. I followed all instructions here but it stills report the 1099-R number on box 4b of my 1040. Looks like the TurboTax software has bug on this? So annoying, it usually worked fine for me in previous years, but this year, could not figure out how to make TurboTax online remove box 4b. Looks like the software has a bug? Anyway I can manually edit box 4b on 1040 form directly?
Am I supposed to add up all my 1099 from this year and the past?
@MikeAM yes, they are reportable and you get to take advantage of the loss on sale. 
I live in Idaho full-time. My employer changed this year when I moved from a local Idaho employer to a corporate employer whose headquarters are based in Michigan. I have W-2s from both the Idaho emp... See more...
I live in Idaho full-time. My employer changed this year when I moved from a local Idaho employer to a corporate employer whose headquarters are based in Michigan. I have W-2s from both the Idaho employer and the Michigan employer. Does this mean that I earned money in another state when I never left Idaho but my employer changed? I am getting hung up on my return where it says Other State AGI must be entered. I don't know how to calculate that.
b) - if ever questioned by the IRS you have an easy and documented explanation and the IRS can easily see that each of you reported half the 1099-B.  
I deleted the 1099-r for the life insurance/annuity and the amount on line 4b Form 1040 was reduced by the gross distribution amount of the life insurance cash out.  I added the form back in, double ... See more...
I deleted the 1099-r for the life insurance/annuity and the amount on line 4b Form 1040 was reduced by the gross distribution amount of the life insurance cash out.  I added the form back in, double checking every entry, with the same result.  TurboTax is including the Gross distribution from the cash out in line 4b AS WELL as including the taxable amount in line 5b, adding them all together to come up with my taxable income.  I will be calling Inuit support in the morning.
Prior-year tax returns can't be e-filed.  You must print and mail. For more information, review the TurboTax Help article How do I file a 2023, 2022, or 2021 tax return?
Without seeing your breakdown, it is really hard to tell what you are looking at.  Did you have any capital losses?  The breakdown you are speaking of is not transmitted to the IRS.  As long as the a... See more...
Without seeing your breakdown, it is really hard to tell what you are looking at.  Did you have any capital losses?  The breakdown you are speaking of is not transmitted to the IRS.  As long as the amounts are properly reported on your Form 1040 is what matters. From what you have disclosed so far, it does not appear that TurboTax has "misclassified" any income for tax reporting purposes.  What is on line 7 of your Form 1040?
@ Justin8789 wrote: FYI, it looks like the free version is only for simple returns. I followed the advice on this thread and went through the filing process with the free version until the end b... See more...
@ Justin8789 wrote: FYI, it looks like the free version is only for simple returns. I followed the advice on this thread and went through the filing process with the free version until the end but because I submitted 1099-INT and DIV forms it made me upgrade to TurboTax Premium, which does not include a military discount.   In summary, TurboTax is free* for active duty. *only the basic version That's not correct.  When qualified, the military discount (free) is for all online editions, including Premium. The offer is not available to officers.  This is from the product page (emphasis added) :   "In proud support of your service and sacrifice, enlisted active military and reservists can file both their federal and state taxes for FREE using any of our TurboTax Online products, which include Free, Deluxe, and Premium. Not valid for TurboTax Live or TurboTax Desktop products."   The only Online products that do not qualify are the LIVE products and add ons like MAX.   You should not have been charged for Online Premium if you meet the qualifications and indicated all of the following:   1) In the My Info section, indicated you were active duty military and answered the questions about pa grade (must be E1-E9) and answered the other military questions as applicable. 2)  Enter a W-2 from DFAS. 3)  On a screen after the W-2 entry there will be a heading "Do you have any of these uncommon situations?" (or words to that effect)  And it will have a list of  10-11 check boxes.   You have to indicate a second time that you are Active Duty.   (I know it seems redundant, but it asks again.)   Did you already pay?   If so, you should phone TurboTax Support for assistance.  If they don't make things right, I have an alternative for you, so please report back.   Support hours are 5AM-9PM Pacific, every day this time of year. FAQ: What is the TurboTax phone number? https://ttlc.intuit.com/community/using-turbotax/help/what-is-the-turbotax-phone-number/00/25632