All Posts

There is a way if you used TurboTax to file your 2024-tax return, you can prepare, (BUT NOT FILE) an amended return.   You can then import the 2024-tax return and make changes. There will be no charge. To Amend a previous tax return:  Click on Tax Home Scroll to the bottom of the center Menu Select Your tax returns & documents You will see  The 3 amendable years listed at the top Boxes for Federal and State And an option to start the Amendment process.  

You don't need to pay for a Tax Specialist to cancel your TurboTax subscription. Cesar was just restating your original question of "How do I cancel TurboTax for this year. I started with TurboTax but then went to a Tax Specialist."    You can take the steps outlined above to cancel. The steps to cancel are also listed in our help article here. 

Yes, this is normal because these were trustee-trustee rollovers and not 60-day rollovers. The reason you haven't received  1099-R's is that these transfers are non-reportable events for tax reporting purposes.

Yes, we can help you to prepare an amended return.  TurboTax amended returns 1040X are now available. Be sure the Desktop software is up to date. Online imports update automatically. Login to TurboTax Select Tax Home from the left sidebar. Scroll down to Your tax returns & documents and  Select the year you want to amend. Click on the Amend (change) return dropdown,  Then Amend using TurboTax Online.   Continue the interview, make the changes you need, and answer the rest of the questions to finish changing your return.  An amended return can make a change to a tax filing that has already been accepted.  You should follow these guidelines.  You must first wait until the initial return is completely processed.  You will have to use the same TurboTax account that you used for the original tax return.  Once you begin your amendment, you'll see your original return.   The refund calculator will start ‌at $0 and only reflect the changes in the refund or tax due  Only make changes to the areas of your return that need to be corrected.  You have three years from the date you filed your return or two years after you paid the tax due (whichever is later) to file an amendment   Amend TurboTax  

are you clear that Pay With My Refund costs an additional $40 fee and routes your refund through a 3rd party bank for processing.  it's like a very bad loan on your Turbotax fees, just pay out of pocket if able.

Hi, I have seen those instructions as well.  There is no "Save your 2025 return to your computer" option.  I have taken my return online all the way up to the pay for filing page, and it didn't change.  Anything else I can do to get that option to appear?  Thank you!

The Gain/Loss for EACH TRANSACTION is NOT calculated in the tax return. Only the TOTAL gain/loss for all crypto transactions is reported under codes H and K, which was summarized on the cover page of my Fidelity 1099-DA. The 1099-DA transaction detail pages say these are noncovered digital assets so the info reported to the IRS does NOT include "cost basis, acquisition date and holding period", even though all this data is included in the 1099-DA sent to me. The only thing not included in my 1099-DA is the gain/loss for each sale. I have researched numerous sources and they all say I still must calculate this myself.  Makes no sense - if I mail the 1099-DA with all the cost data, acquisition date and holding period, the IRS has all the support data it needs if an audit were required. 

    I am having the exact same issue!  The Turbo Tax team could not help me and its a lot of money difference (over $10,000 in deductions missed) I am going to have to hand do the 1040X at this point!  GRRR

If you don't think your taxes have been filed, I suggest you go back through the filing process.  Be sure that your original copy wasn't rejected. If it was rejected, correct the issue. If you've already paid, we will not charge you again. If your returns have been filed, the IRS will reject the new copy.

    I already filed with the ONLINE version .  I was correctly done as Itemized and appears to have changed it when I was proof reading other parts of the return.  I was trying to fix by amending the return.  I spend an hour with a TURBO TAX person yesterday who could not fix this.  It is a glitch in the software.  My only option appears to be to manually amend   

You will have to contact TurboTax support for assistance with this problem. Use the key words Billing Issue See this TurboTax support FAQ for contacting support - https://ttlc.intuit.com/turbotax-support/en-us/help-article/account-management/turbotax-phone-number/L0Od33nMQ_US_en_US?uid=lfgviwbm

You can find the input area for your Illinois 529 contributions by going through your Illinois return and looking for the screen titled, 'Here's the income that Illinois handles differently'.  On that screen, scroll to the Education section and click Start beside College savings and prepaid tuition plan contributions to enter your information.