All Posts

1. When you made the Roth conversion you owed tax on that amount  2. If you make an IRA withdrawal in December 2025 and withhold the entire amount to cover the conversion tax owed you still will be taxed on the amount you withdrew in December and that amount is 2025 income. 3. Any distribution made in 2026 doesn’t affect your 2025 tax situation. 

The other day I called again and spoke to a supervisor. I faxed them my tax extension, the IRS IRA rules, and a formal statement. I received a transaction confirmation about two days later. It was not easy but yay it’s done.  When I receive the 2025 1099R next year, do I need to anything or do I just ignore it since I’m reporting it in 2024? Also, I had them reinvest the excess contributions and earnings this year 2025, just to confirm, the total contributions for this year includes the earnings too, correct? I want to make sure I report my IRA contributions correctly next year.  Thank you so much for your help! @Opus 17 @fanfare 

@sherekahouston We cannot tell what software you are using.  Are you using online TurboTax -- or are you using the desktop download?   If you are using desktop, which version are you using?   We have heard that some users experienced some strange effects of an update to desktop software on 9-11-2025.

Yes, xmasbaby0. The software changed my filing status. I’ve been using TurboTax since 2010 and it has never done this before! It imported my previous years report, I actually completed my taxes, was doing a final review before filing and the system glitched, changed my status, and erased my husbands information 

When did you start 2023 Online?  Because online is only good for 2024 since last November.    How to finish a return you started online, https://ttlc.intuit.com/community/prior-year-return/help/how-do-i-finish-a-prior-year-return-that-i-...   How to view all your accounts https://ttlc.intuit.com/turbotax-support/en-us/help-article/account-management/many-intuit-accounts-turbotax/L9aVfKS1Z_US_en_US?uid=ll5g6zcx   It's common to end up with multiple accounts. First LOG OUT of whatever TurboTax account you're logged into right now. Then use this TurboTax account recovery website to get a list of user ID's for an email address. Run the tool against any email addresses you may have used https://myturbotax.intuit.com/account-recovery

Many people have multiple TT accounts and forget how to access them.  Log out of the account you are in now.     https://ttlc.intuit.com/turbotax-support/en-us/help-article/account-management/many-intuit-accounts-turbotax/L9aVfKS1Z_US_en_US?uid=ll5g6zcx Account Recovery    You will be able to access the 2023 return you started by using the exact same account and user ID that you used when you started it.   But you can no longer use online software for any further changes.       Start a 2024  return online and enter some personal information  so that the menu on the left opens up and lets you access your past year returns.   Online tax preparation and e-filing for 2023 returns is now permanently closed.    Now it is too late to use online software or to e-file. If you have any changes/corrections at all to make to your 2023 return, you now have to complete it using desktop software, which you must download to a full PC or Mac  (not to a mobile device).Then you need to print, sign and mail it.   https://ttlc.intuit.com/turbotax-support/en-us/help-article/printers-printing/finish-prior-year-return-started-turbotax-online/L9Oe4M90A_US_en_US?uid=m68tffpe   If you already paid for your online software you can ask customer support for a download of the desktop software.   They are available from 5 a.m. to 9p.m. Pacific time Monday - Friday   https://ttlc.intuit.com/questions/1899263-what-is-the-turbotax-phone-number     If you are getting a refund, there is no penalty for filing late.  If you owe tax due, then file and pay the amount due as shown on the Form 1040, but expect a bill later from the IRS for the penalty and interest you will owe.  Only the IRS will calculate this—TurboTax will not calculate it.     When you mail a tax return, you need to attach any documents showing tax withheld, such as your W-2’s or any 1099’s.  Use a mailing service that will track it, such as UPS or certified mail so you will know the IRS/state received the return.   Federal and state returns must be in separate envelopes and they are mailed to different addresses.  Read the mailing instructions that print with your tax return carefully so you mail them to the right addresses.