All Posts

Go to Wages and Income, Go down to Less Common Income, and revisit the Foreign Earned Income and Exclusion section and remove the necessary items.  Additionally, you can delete any foreign related forms from your return by following the instructions on the following link; How do I view and delete forms in TurboTax Online?

Ok, thanks for all the info, just bizarre the IRS wants you to use pencil and paper while using software. I had to break out my pencil sharpener of years past.    I'm following my previous CPA doing this so can see his pattern and how he filled out his past years worksheets. Just to make sure I am clear though with the way Turbo Tax Home and Business wants it entered......    Using round numbers for simplicity........On the Worksheet to figure the Deduction for Business Use of Home: Line 41 is $7000 and Line 42 is $500. Line 42 seems to be the Depreciation. I assume $500 is put in the "Misc Supplemental Expenses" box. Is this correct? Is it ok to name it "Depreciation - Business Use of Home"?    I'm super confused on Line 41 for $7000. This is 5 yrs (including this tax year) of carryover. Since you mention that I needed to check "I have passive activity losses", would -$7000 (info says to enter as negative number) be entered on the pages "Report Carryovers - Regular Tax" & "Report AMT Carryovers" in the "Unreimbursed Expenses" boxes? I'm not confident that that is the same thing as "Carryover of Unallowed Expenses to Next Year" on the worksheet, is my concern.     Would I enter -$7000 in the next page "Any Qualified Business Income (QBI) Carryovers" in the box  "QBI suspended loss - passive"? (Since we do qualify as a business or trade). Then the next page I would enter the loss amts by year.    If neither are right, let me know where I need to put it please. I just want to make sure I'm putting these amts in the CORRECT space. My understanding of the unallowed expenses on line 41 is that it just needs a "parking place" in order to keep track of it until a year that it could be used.    Thanks!

After you enter your Form 1099-R to report your Roth IRA distribution, you will be asked a series of questions.  Continue through all the questions until you are asked asked about previous contributions to your Roth and then enter the amount of those contributions.  As long as your basis (the amount of your contributions) is the same as, or more than your distribution it will be tax free.     You may need to delete your Form 1099-R and re-enter it in order to access the questions regarding your contributions/basis.

You can try this:   While logged into your Online TurboTax, go to the left menu column and scroll way down to the tab Intuit Account. In the account settings choose the tab "Sign in and Security." Then you can update your email address that you want to use for notifications.   You may be able to verify it there as well.  If the new email address once entered has an "unverified" tag next to it.  Click that tag to verify. If you verify there, then hopefully it won't ask again during efiling.  But if it does, then hopefully it will send the code to the updated email address. Review the rest of your account settings while there.

  According to the TurboTax Help Article, Here's how to file Form 8862 in TurboTax.   Navigate to Form 8862: TurboTax Online/Mobile: Go to the Form 8862 screen under Deductions & Credits TurboTax Desktop: Search for Form 8862 and select the Jump to link or, Go to Federal Taxes. Go to Deductions & Credits. If asked, How do you want to enter...?, select I'll choose what I work on. Under You and Your Family, select Start or Update next to Earned Income Credit (EIC). You'll come to the Earned Income Credit section. Select Continue. Answer the questions. When you get to, Do any of these uncommon situations apply? check the box that says, I got a notice from the IRS saying that Form 8862 is required for the Earned Income Tax Credit. Select Continue and then Done. On the Since you got an IRS notice, we need to check on a few things screen, select No, none of these apply and I need to fill out the 8862 form. Select Continue. Answer the remaining questions.

Leave the name the same as 2024.  The IRS only matches the first four characters of the name for electronic and validation purposes.  Additionally, if the IRS accepted the 2024 return, then you'll be ok to keep using that name for 2025 and going forward.

You can’t add another W-2 (nor another type of tax document: 1099, 1098, etc.) if you have already filed your tax return.   The IRS may either Accept or Reject your filed federal tax return.   If the return is rejected you can make the necessary changes and e-file again.   Enter your W-2 by: Open or continue your return. Go to the W-2 screen under Wages & Income.  Select Work on my W-2 and Continue.  (or you can type "w2" in the Search box; and click on "jump to w2" link). If you've already entered a W-2 or need to add another one, select Add a W-2. Enter your Employer Identification Number (EIN) from Box b on your W-2.  If your W-2 can be imported, you'll come to the Great news! We can automatically import your W-2 info screen. Answer the questions to complete your import. If TurboTax doesn't recognize your EIN you can use the TurboTax mobile app to snap a photo of your W-2, upload it from your computer, or fill it in yourself. TurboTax FAQ: How do import or enter my W2? If the return is accepted you will have to amend your original tax return using Form 1040-X.  If you e-filed your original return, then you can go back online to make the necessary changes and then e-file the amended return.   However, if you paper-filed (mailed) your original return, you will need to paper-file (mail) your amended  return.   The IRS may take up to 20 weeks or longer to process an amended tax return.   Also, before you start to amend the tax return, you should wait for the original tax refund to be received (or the taxes due to be paid).   For more information, please see TurboTax FAQ: How do I amend my federal tax return for this year?     The tentative date that the 1040-X form to amend your original tax return may be 2/19/26.

If you have not hit transmit your tax returns have not been filed and don't need to be cancelled.  That said, once they are transmitted you can't cancel the transmission.     If you are wanting a refund, TurboTax Online can be used at no cost up until the point that you submit payment. Once payment has been received, the product is considered to have been used to prepare your taxes, regardless of whether you print or electronically file your return, or if it's rejected. Submitting payment reflects your satisfaction with TurboTax Online preparation of your taxes, and is non-refundable.    For more information on requesting a refund see the following TurboTax Help Article:  How do I request a refund for my TurboTax product? 

You have to wait until the amendment form 1040-X is ready, which should be later this month.     Once the form is ready and your original return is fully processed, you can come back and file the amendment - you have 3 years to file it.   How do I amend my federal tax return?