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Free trial to check it out. 29.99 per year after you logged $5000 worth of donations. I have only been messing with it for about 24 hours now, but it seems easy to use. It looks just like it’s deductible. I was able to import  all of my data from deductible this year as well as past years. Seems pretty legit and worth 40 bucks to try out for a year

Same thing happened to me.  Have used the regular premium for more than 10 years and realized at the time of checkout - after I had already spent hours entering my data - that I was being charged for Premium Live, which I never (knowingly) requested.  I contacted TurboTax help and they said I would have to downgrade to regular version but would have to start over with my return.  Pretty sleezy business and I won't be using TurboTax any longer.   They don't care about me, but if enough people stand up against these sorts of business practices for them to change.   

250 HOURS IS THE SAFE HARBOE WHICH MEANS IF YOU MEET IT AND CAN PROVE IT TO THE IR, YOU GET THE QBI. IF LESS THEN YOU MAY HAVE TO PROVE TO THE IRS, IF AUSDITED, BASED ON FACTS AND CIRCUMSTANCES THE YOU QUALIFY. 

Here is my case. When I filed my tax earlier this year, I had included the capital gains for UVXY that was part of form 1099B. I paid tax on this already. the basis on the 1099-B is probably wrong (none of the partnership activity that affects your basis is recorded by the broker). you need to compute basis using the sales schedule provided by the partnership 2. got schedule K-1 (and K-3). Schedule K-1 was mailed to me but for some reasons, I saw schedule K-3 when I got an E-copy of K-1. 3. i entered the information on schedule K-1 and K-3 in Turbotax desktop. OK  4. It appears to generate a copy 2 of form 8949 with the UVXY info (based on what I entered)This is marked with (C) short-term transactions not reported to you on Form 1099-B OK but see above as to tax basis  5.  Form 6781 was also created to include the section 1256 contracts and straddles based on Schedule K-1 box 11 (C) Other Income (loss) OKAfter I entered all of the information on schedule K-1, 6. I noticed my money owe went up a few dollars IT HAPPENS IF THERE IS NET INCOME  **************************************************************************** Here are the details of what I did in Turbotax   Choose the Type of Partner  Selection: Limited Partner or Other LLC Member  USE WHAT'S ON THE K-1 Type of partner  Selection: domestic partner SEE 1 BOLDED  Percentage of your share Selection: didn't enter anything. This was where I had to enter Profit, loss, capital on beginning and ending columns  enter your liability share Selection: didn't enter anything here as well. This is Nonrecourse, Qualified Nonresource, Recourse on beginning and ending columns. Enter capital Account Information (basically matching row L in K-1 form) Opening capital account: 0 capital contributed during 2024: 19,610 current year net income (loss): 3061 Other increase (decrease): 0 withdrawls and distributions: -22,671 ending capital account: 0 L FOR 3 THROUGH 5 A WASTE OF TIME BECAUSE TURBOTAX DOESN'T USE THESE NUMBERS AT ALL Describe the partnership  Selection: selected both "This is a publicly traded partnership" and "this partnership ended in 2024" Describe partnership disposal  Selection: Complete disposition  Tell us about your sale Selection: Sold partnership Interest Enter Sales Dates  Selection: The purchase time and sold time varied but I entered purchase date as the first day I entered the position and sale date as last date I sold the remaining shares. Let me know if this is correct? 6 THROUGH 9 OK  Enter Sale Information  (there were 2 columns) Regular Gain or Loss Column Sales Price: 23,810 (this was a bit confusing to me but I ended up using the sale proceeds for UVXY in form 1099B) Selling Expense: left this blank Partnership Basics: 22,671 (I used the value on row L in form K-1) Ordinary Gain: left blank 1250 Gain: left blank (since box 9c on form K-1 was empty) AMT Gain or Loss Partnership Basis: 22,671 Ordinary Gain: left blank 1250 GainL left blank 10 AND 11 IN THE SALES ECTION OF THE K-1 (NOT THE 8949) THE ONLY THING REPORTED HERE IS SECTION 751 GAIN. LINE 20AB OF K-1 IF PRESENT AND ITS ORDINARY. THIS IS DEPRECITION RECAPTURE. IT IS DOUBTFUL THAT THE PARTNERSHIP REPORTED ANY ON EITHER 20AB OR THE SALE SCHEDULE SO ALL YOU ENTER IS SALES PRICE 0 BASIS O ORDINARY GAIN 0 Review Investment Gain or Loss on Sale Shorter-term Gain (Loss): 1,139 on both columns "regular gain or loss" and "AMT Gain or loss" Long-Term Gain (Loss): both columns zero/ YOU HABE JUST DOUBLE REPORTED THE SALE. THIS IS TREATED AS A SEPARATE SALE FROM WHATS REPORTED ON THE 8949 AND WILL LIKLEY APPEAR ON FORM 8949 TYPE C SHORT-TERM SALES PROCEEDS AND BASIS NOT REPORTED TO THEIRS. THIS DUBLICATES WHAT SHOULD BE TYPE B ON THE 8949  Choose Type of Activity Selection: Other I checked the boxes that have an amount which were boxes 5, 8 (this is 0), 11 (with C designation), 13 (AE designation), 16 (checked marked), and 20 (with A and B designation)  Enter info from boxes 4-7 box 5: 45 box 8: 0 Box 11: C - sec. 1256 contracts and straddles: 3,026 Box 13: AE - Deductions - portfolio Income:  JUST ENTER THE NUMEBERS THAT APPEAR IN THE BOXES IN PART III THROUGH LINE 18. LINE 19 ISN'T USED BY TURBOTAX Yes box 16 is checked Proceeded to enter form K-3 in Turbotax YOUR ON YOUR OWN BUT IT PROBABLY DOESN'T MATTER SINCE THE FOREIGN TAX CREDIT IS ZERO    Enter gross income info Foreign Gross Income - gross income sourced at partner (column F): 3026 foreign gross income - gross income from all sources (column G): 3,071  Enter deduction info (I think this one is coming from box 13) Deduction allocated at individual level - interest expense (column F - sum of lines 39-43): 0 Deduction allocated at individual level - Other (column F - line 54 minus sum of lines 39-43): 10 Enter foreign tax info  left all boxes empty  Enter Income Detail (got to this page where TT pre-filled) Gross Income: 3,026 (total and US. source columns) Other expenses: 10 (total and US source columns) Enter box 20 Info  A - Investment income: 45 B - investment expenses: 10 Describe the partnership  Left it all blank but options were (sorry for typos, typing as fast as I can): I am required to pay supplmental business expenses on behalf of this partnership/llc for which I am not reimbursed i have passive inactivity losses carried over from last year all of my investment in this activity is at risk i have at-risk losses carrying over from 2023 i personally paid health insurance and/or long-term care insurance preiums ofr. myself and for my family i have passive activitiy credits to claim from this publicly traded partnership (this is not common) That's it and it went back to the summary page and I clicked Done. Let me know if I should include an image of part III of form K-1 in here for clarity.   Can someone help me verify if what I entered were correct?   As mentioned above, I saw form 6781 and 8949 (copy 2) generated (copy 1 has all my stock trades info). My tax owed went up a few bucks. I had already paid the UVXY capital gain when I filed earlier this year.

As long as the individual requested a filing extension, the deadline to complete the rollover of the qualified plan loan offset is October 15, 2025.  If no filing extension was requested by April 15, 2025, the rollover deadline has passed.  The tax return doesn't have to be filed by October 15, although the filing would be late otherwise.   In TurboTax, enter each Form 1099-R exactly as received and, when asked, indicate that the money was moved to another retirement account and indicate the amount of the distribution that was rolled over.  If the code M1 distribution is rolled over to a Roth IRA, that would be taxable but not subject to an early-distribution penalty.  To make the rollover of the code M1 distribution nontaxable, it would need to be rolled over to a traditional IRA instead.  It's also permissible to roll over the entire code B1 distribution (given that that distribution part of the offset distribution) to a Roth IRA, but only $6,122 of that distribution needs to be rolled over to avoid tax and early-distribution penalty on that distribution.  In each case, the IRA custodian needs to be informed that these are rollovers of qualified plan loan offset distributions so that they can code the 2025 Form 5498 appropriately.  The fact that the Form(s) 5498 will not be issued until next year has no bearing on how these distributions are reported on the 2024 tax return.   (Note that because code M would be a third code in box 7 of the distribution of a qualified plan loan offset from the designated Roth account and box 7 can only accommodate two codes, the instructions for Form 1099-R indicate that the code M is to be omitted from box 7.)

This problem still exists. I have an extension to file me taxes and just a few days left now. I am trying to file via the desktop version and I'm getting the same schedule E error with the 1099s! How can I pay this much for such a program and it has so many glitches???!!!

pretend you got a 1099_B all transactions will either be of type C (short-term) or F (long-term) - basis and proceeds not reported to the iRS. it is your responsibility unless the transactions are denominated in US $ to convert to US $. you are also responsible for catching any wash sales or other adjustments that must be made.