All Posts

Of course, there is one detail involved with buying the desktop software.   You are in CA, and she in IL.. Exactly who is going to prepare those tax returns?   If you are preparing both using desktop software on your own personal computer(s) in your location/possession...then probably OK. But if you plan on sharing your desktop software with her,  you in CA and plan to send her the same purchased copy to install in IL, then that's a no-no.  You can only install a purchased copy of the desktop software on computers that one person owns.

@jackkgan  And to repeat....and stress your situation..   ........IF you use "Online" Premium, you will have to create two separate accounts.  One for yourself and a new one for your daughter....and pay the full/separate Federal and state software fees for each account.   Only the Desktop software allows you to prepare multiple  tax files from the purchase of the desktop software. 

I don't know what to say. I've been using TT for decades for end-of-the-year tax planning, and this is the only year they have ever failed me (unless you want to count that time in 2000 when they shipped rootkit malware on the CD, but that's another story).   I'm using FreeTaxUSA to do my planning. The 1099-R isn't the only issue. There's 1099-B as well as well as my state's return (which is flat tax and hasn't changed in years).   Hey Intuit: PRIORITIZE STUFF THAT PEOPLE NEED RIGHT NOW! I got an email today that the Moving Expenses form was ready! Oh boy, I bet dozens of people need that.

with desktop you can do and e-file up to 5 people's returns. one state is free but there will be a charge for additional states.   online version one return per account higher fees  no forms mode which some people want. 

Oh for Online.  You would have to use Premium to enter rental.  Premium is the highest version.  And everything else you posted is right.  There is no Forms mode.  The Desktop program is better in many ways.  You can do test returns and it has a What-If worksheet.  Online you have to pay the fees before you can see your return even before you file.  

When you have desktop software you can prepare and e-file up to five federal returns and their associated state returns (with state e-file fees except for NY).   With Premier, you will get one included state download, and you will need to purchase two additional state downloads so that you have software for CA, NY and IL.   Your daughter will need to prepare part-year returns for the two states she lived/worked in.   The download can be used on any computers that YOU own---you cannot "give" the license to your daughter to use on a computer in her home, so that means you prepare her returns for her on your computer.   State e-file fees can be avoided if you print and mail the CA and IL returns.   There is no state e-file fee for NY.

Yes you can use Desktop  Premier.  It can do unlimited returns and efile 5 federal for free.  You will have to buy 2 extra state program downloads.   Then each state is $25 to efile BUT you're in luck, NY state efile is free.     Since you have to buy 2 other States and pay for 2 state efiles (unless you print and mail state for free) I'm not sure how the total price will work out compared to 2 Online Premium accounts.     Would all the returns be done on the same computer?  Or would your daughter need to install the program on her computer?  You can install it on 5 computers you own.  

The "Live" experts help with current year returns--- so now they can help with 2025 returns.   You will need to have a discussion with customer support regarding the fee you paid for a service you cannot use now.   It is too late to use "Live" for a 2024 return.   You can use do-it-yourself desktop download software now for a 2024 return which will have to be filed by mail.      No one in the user forum can resolve a billing issue.  If you have a question about your TurboTax fees or billing, make sure you use the word “billing” in your request for help.  Do not use the word “refund.”   https://ttlc.intuit.com/turbotax-support/en-us/help-article/account-management/contact-turbotax/L2y9ZKpQB_US_en_US?uid=m5s9l2vh     You cannot change the tax year.   The current online program is for 2025 only.   Only a 2025 return can be prepared online and only a 2025 return can be e-filed.   Online preparation and e-filing for 2022, 2023, and  2024 is permanently closed. Note:  The desktop software you need to prepare the prior year return must be installed/downloaded to a full PC or Mac.  It cannot be used on a mobile device.   To file a return for a prior tax year  If you need to prepare a return for 2022, 2023, or 2024  you can purchase and download desktop software to do it, then print, sign,  and mail the return(s) https://turbotax.intuit.com/personal-taxes/past-years-products/ You may also want to explore purchasing the software from various retailers such as Amazon, Costco, Best Buy, Walmart, Sam’s, etc.   Remember to prepare your state return as well—if you live in a state that has a state income tax.   https://ttlc.intuit.com/turbotax-support/en-us/help-article/state-taxes/contact-state-department-revenue/L9qVToi02_US_en_US?uid=m6e06um0   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 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.  

No one can call you from the user forum.     You cannot change the tax year.   The current online program is for 2025 only.   Only a 2025 return can be prepared online and only a 2025 return can be e-filed.   Online preparation and e-filing for 2022, 2023, and  2024 is permanently closed. Note:  The desktop software you need to prepare the prior year return must be installed/downloaded to a full PC or Mac.  It cannot be used on a mobile device.   To file a return for a prior tax year  If you need to prepare a return for 2022, 2023, or 2024  you can purchase and download desktop software to do it, then print, sign,  and mail the return(s) https://turbotax.intuit.com/personal-taxes/past-years-products/ You may also want to explore purchasing the software from various retailers such as Amazon, Costco, Best Buy, Walmart, Sam’s, etc.   Remember to prepare your state return as well—if you live in a state that has a state income tax.   https://ttlc.intuit.com/turbotax-support/en-us/help-article/state-taxes/contact-state-department-revenue/L9qVToi02_US_en_US?uid=m6e06um0   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 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.  

taxdean Yes, you've interpreted Step 1 correctly. No NIIT on the sale of the NUA shares. Regarding the year end statements from the brokers: We will have to see how the brokers report the sale on their 1099-B for 2025.  For shares I sold prior to selling the NUA shares, there was no indication on the 1099-B that they were related to a prior 1099-R. My solution is: NUA Shares: Report the sale of the NUA shares under Investment Income, Stocks using the basis and proceeds from the 1099-B. There is a box near the bottom titled "The cost basis is incorrect, etc.". Check that box, press Continue and enter the Actual Cost basis two screens later. I.e. From Box 2a on the 1099-R. On the Worksheet for Form 8960, enter the "Not subject to NIIT" amount as noted earlier.  Shares Subject To NIIT: Add a new sale(s) for those shares using the basis and proceeds as reported on the 1099-B.  The NIIT does not start until your MAGI income exceeds $200k single or $250k married.  Regarding The Taxable Amount Of The NUA: My error, you are correct. Thankyou for catching that. The entire NUA amount from the 1099-R is taxable as LTCG. The entire amount is also Not subject to  NIIT on the Worksheet for Form 8960. I will go back and correct my prior postings. Looking forward to any further feedback from you or others.