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You will need to edit your 1099-R if you receive it and it does not match what is necessary.   If you receive a 1099-R in 2027 for the 2026 tax year that includes amounts that you have already re... See more...
You will need to edit your 1099-R if you receive it and it does not match what is necessary.   If you receive a 1099-R in 2027 for the 2026 tax year that includes amounts that you have already reported on your 2025 tax return you will need to remove that amount from the 1099-R.  You already reported it.     You can do that by just entering the correct code as though that P appeared in box 7.  The TurboTax software has space for two codes in box 7.  You'll enter that P even if it isn't there and the system will prompt you to enter the amount that was reported on the prior year's tax return.  That way you aren't taxed on it next year.
You can go back to Deductions & Credits >> Medical, then 1095-A to tell TurboTax you did NOT have a 1095-A.    If you erroneously started one, you may need to delete it and Form 8962. You can also ... See more...
You can go back to Deductions & Credits >> Medical, then 1095-A to tell TurboTax you did NOT have a 1095-A.    If you erroneously started one, you may need to delete it and Form 8962. You can also search for 1095-A and use the Jump to 1095-A  link to be taken to that section.   When you go to enter a 1095-A form, the first question is whether or not you had Obamacare.  Where do I enter my 1095-A?   How to delete forms in TurboTax Online    How to delete forms in TurboTax Desktop
Can someone from TT confirm that it's a bug and provide an estimate for the fix?
Thanks @Vanessa A for the response.   I do not have joint occupancy. Should it still be making the incorrect calculation for me?
Desktop Deluxe 2025   When you print out your 2025 tax return with Turbotax there are some informational pages at the beginning of the document before the actual federal tax returns.  One of the th... See more...
Desktop Deluxe 2025   When you print out your 2025 tax return with Turbotax there are some informational pages at the beginning of the document before the actual federal tax returns.  One of the things listed on these pages in the section called "2025 Federal Tax Return Summary" is called the "Effective Tax Rate."   The standard definition of effective tax rate is Total Tax divided by Taxable Income.  But when you make this calculation using the "Total Tax" and "Taxable Income" given in that same section, the result doesn't equal the result yielded by that standard definition of effective tax rate.   I've noticed this in previous years as well.   So what calculation is used to calculate the "Effective Tax Rate" given in this section?
You may need to return to your self-employed business and look for the Home Office topic. If an entry has been made, delete it. Or answer "No," that you do not have a home office.
This was not an import problem.  The entries for the 1099-Rs were all done manually.  As already noted I fixed this by deleting all the 1099-Rs and entering them again in a different order.  That res... See more...
This was not an import problem.  The entries for the 1099-Rs were all done manually.  As already noted I fixed this by deleting all the 1099-Rs and entering them again in a different order.  That resolved the problem  
Are you asking about box 7 codes on a 1099-R?   @cwinans    What do all the codes in Box 7 of the 1099-R mean?   Code 9 – Cost of current life insurance protection Code D – Annuity payments fro... See more...
Are you asking about box 7 codes on a 1099-R?   @cwinans    What do all the codes in Box 7 of the 1099-R mean?   Code 9 – Cost of current life insurance protection Code D – Annuity payments from nonqualified annuities and distributions from life insurance contracts that may be subject to section 1411 taxes Code 7 - Normal distribution
No. You can avoid this message by skipping the import of Form 1099-INT.  First, delete the 1099-INT you have already entered. When you add a new 1099-INT, do not enter an institution name. ... See more...
No. You can avoid this message by skipping the import of Form 1099-INT.  First, delete the 1099-INT you have already entered. When you add a new 1099-INT, do not enter an institution name. Click Skip Import or Enter a Different Way (Type it in Myself).  Choose "Interest - 1099-INT."  Enter the bank/brokerage name and the amount reported to you.    You should receive no FEIN errors using this entry path.
The SSA 1099 update function not working on my desktop 2025 Home and Business program.  I've checked and my software is up to date. When will be the fix be available?
Yes
I purchased stocks as part of stock options and in 2025 there was a put/call and a liquidation event, so I was able to sell those stocks. The firm that facilitated the sell said they would not be send... See more...
I purchased stocks as part of stock options and in 2025 there was a put/call and a liquidation event, so I was able to sell those stocks. The firm that facilitated the sell said they would not be sending out a 1099-b. How do I move forward with turbo tax?
I am very frustrated writing this. I was on my computer early to prepare for my meeting today at 2:45.  Half an hour later, I am finally on a call with the expert who hangs up immediately and reverts... See more...
I am very frustrated writing this. I was on my computer early to prepare for my meeting today at 2:45.  Half an hour later, I am finally on a call with the expert who hangs up immediately and reverts my status to file on my own. Customer service cal back will take more than one hour to get back to me, and I have rescheduled. Is this happening to others? I am hesitant that anyone will actually tune in to my appointment later today. Feeling very frustrated and disrespected as a client. 
You will likely receive a Form 1099-R reporting the payment from your broker as a distribution from your retirement account. If so, you should report it in the Wages and Income section of TurboTax, t... See more...
You will likely receive a Form 1099-R reporting the payment from your broker as a distribution from your retirement account. If so, you should report it in the Wages and Income section of TurboTax, then Retirement Plans and Social Security, then IRA, 401-K, Pension Plans Withdrawals (1099-R).  We would need to know what distribution code is in box 7 to give you further guidance, if you could clarify that we can help you further. 
Hi, I have a TY2025 question regarding NJ ANCHOR and Senior Freeze payments received in TY2025 for TY2024, that I can't seem to get answered looking at the Ruling Mentioned in this post. I am consid... See more...
Hi, I have a TY2025 question regarding NJ ANCHOR and Senior Freeze payments received in TY2025 for TY2024, that I can't seem to get answered looking at the Ruling Mentioned in this post. I am considering just adding $1,750 ANCHOR and $1,110 Freeze($2,860) to 2025 Income, but wanted to see how much actually paying in extra tax. If I read the Pub and also the Pop Up Notes in TT2025 on Recovery section, I tried to 'iterate' on TT 2024 program Refund Monitor to figure just how much of the refunds affected 2024 Taxes. I simulated that the Property Tax Deduction, due to the refunds, would have been $8,708 ($11,568(Sched A actual)-$2,860=$8,708) So is it correct that only $1,292 of the $2,860 would have affected my taxes due to the SALT Limit of $10,000 ($10,000-$8,708=$1,292)? For completeness Total TY2024 Sched A Itemized was $31,393, TY2024 Standard Deduction was $16,550). If correct, only would report $1,292 under Tax Benefit Rule as Recovery for TY2024 Real Estate.
Thank you for your response.  I have a couple of questions still.   The first is that it seems like Publication 536 no longer exists and has been replaced with Form 172.      The second dilemma I a... See more...
Thank you for your response.  I have a couple of questions still.   The first is that it seems like Publication 536 no longer exists and has been replaced with Form 172.      The second dilemma I am having is that when I follow the instructions that you posted, it takes the modified NOL carryforward I am using and then applies that to my personal income.   I am using a NOL carryforward for an S corp K1 which is passive income.   TurboTax is still using the full amount of the NOL Carryforward for the S Corp, along with erroneously taking the NOL I put in against my personal income.