All Posts
a month ago
1 Cheer
@FormerAccountantNowTech then everyone here would be filling by hand because IRS didn't finalize instructions for this form til last week
a month ago
1 Cheer
The 2025 Form 1040X used to amend your tax return won’t be available until the end of next week. You can check for Forms availability by reviewing the TurboTax article When will my individual tax for...
See more...
The 2025 Form 1040X used to amend your tax return won’t be available until the end of next week. You can check for Forms availability by reviewing the TurboTax article When will my individual tax forms be available in TurboTax?
If you have to file an amendment, wait until your tax return is fully processed and you receive your refund or your balance due is deducted from your account. For more information and instructions, review the TurboTax articles How to Correct Federal Tax Returns, How to File an Amended Tax Return with the IRS and Video: How to Amend Your Tax Return.
a month ago
1 Cheer
The Form 1040-X for amending a 2025 federal tax return is estimated to be available in TurboTax on 02/25/2026
An amended return, Form 1040-X, can only be printed and mailed to the IRS if the or...
See more...
The Form 1040-X for amending a 2025 federal tax return is estimated to be available in TurboTax on 02/25/2026
An amended return, Form 1040-X, can only be printed and mailed to the IRS if the original tax return was not e-filed. The IRS will take up to 20 weeks or longer to process an amended tax return.
Before starting to amend the tax return, wait for the tax refund to be received or the taxes due to be paid and processed by the IRS.
See this TurboTax support FAQ for amending a current year tax return - https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-return/amend-federal-tax-return-curr...
a month ago
1 Cheer
You cannot change or add anything on the return that you just e-filed, nor can you stop it. It is too late, just like when you put an envelope in a US mailbox on the corner. The IRS does not allow ...
See more...
You cannot change or add anything on the return that you just e-filed, nor can you stop it. It is too late, just like when you put an envelope in a US mailbox on the corner. The IRS does not allow you to take it back.
If you left out a W-2, a 1099G, or a dependent, or a 1099 etc…DO NOT change your return while it is “pending.” The changes will go nowhere.
Now you have to wait until the IRS either rejects or accepts your return. If your return is rejected, you will be able to go into your account and make the necessary changes to your tax return and re-submit your return.
Sometimes—not always— the IRS corrects your mistakes, while they are processing your return.
If the IRS accepts your return, however, then you have to wait longer until it has been fully processed and you have received your refund. THEN you can prepare an amended tax return and e-file or mail it in. You have to be able to work from that return exactly the way it was when it was e-filed originally. You will need to use a form called a 1040X.
Meanwhile, DO NOT go in and start changing anything on your return in the system, or you will make a mess for yourself. Sit tight and wait until you see what the IRS does with the return you just e-filed
The Form 1040X is scheduled to be available on February 26. The date is subject to change, so check on 2-26 to see if it is ready. Before that, do not change anything at all on your return.
a month ago
Hal: FYI, Turbo tax gives me the credit I claim she is my "niece", but not if I describe her as "other"
a month ago
I'm not sure why that is happening, but you can enter the number directly on the form. Just use the "Forms" menu option to retrieve Form 1065 Pg5-6, scroll down to Schedule L, then go to line 9(a) an...
See more...
I'm not sure why that is happening, but you can enter the number directly on the form. Just use the "Forms" menu option to retrieve Form 1065 Pg5-6, scroll down to Schedule L, then go to line 9(a) and enter the cost of your assets.
a month ago
1 Cheer
Hello, If I mis-stated 1/16/2026, I meant 1/15/2026. Bottom line, any 4rth quarter estimated payment in January 2026 is not counted as part of your SALT deduction and may overstate your NIIT tax...
See more...
Hello, If I mis-stated 1/16/2026, I meant 1/15/2026. Bottom line, any 4rth quarter estimated payment in January 2026 is not counted as part of your SALT deduction and may overstate your NIIT tax for your 2025 tax return. TurboTax defaults 1/15/2026 as the date for your 4rth quarter payment. Unless you manually change the date to 2025 in TurboTax the amount will not be counted as part of your SALT deduction and may overstate your NIIT tax for your 2025 tax return. This of course assumes you made your 4rth Qtr. estimated payment in 2025 and mistakenly left the default value of 1/15/2026. Hope that clears up any confusion. Dave
a month ago
It depends. If you are claimed as a dependent on your parents' tax return, you generally do not need to enter the 1095-A on your own return; your parents will report it on theirs. When you fill out t...
See more...
It depends. If you are claimed as a dependent on your parents' tax return, you generally do not need to enter the 1095-A on your own return; your parents will report it on theirs. When you fill out the questionnaire, TurboTax will tell you Since someone is claiming you on their 2025 taxes, you don't have to complete Health Insurance.
If you are not claimed as a dependent, you must enter the 1095-A in TurboTax to reconcile the coverage. You and your parents could decide to allocate the premium among you for purposes of calculating the Premium Tax Credit, if qualified.
See this TurboTax help article for more information.
a month ago
How do I answer this question - National Guard or Reserve Annual Training and Drill Pay? My W-2 Box 1 includes both drill pay and pay received while in boot camp and training. Do I only enter drill p...
See more...
How do I answer this question - National Guard or Reserve Annual Training and Drill Pay? My W-2 Box 1 includes both drill pay and pay received while in boot camp and training. Do I only enter drill pay here? Or do I enter the full amount in box 1. I am A resident of South Carolina.
Topics:
a month ago
After you entered your SSA1099's the screen right after that asked if you lived in certain foreign countries in 2025. If you skipped past that screen without answering or answered incorrectly, your...
See more...
After you entered your SSA1099's the screen right after that asked if you lived in certain foreign countries in 2025. If you skipped past that screen without answering or answered incorrectly, your SS is not being taxed correctly.
a month ago
Following the procedure described above did not fix the problem. I do not have any anti-virus beyond Microsoft defender.
a month ago
Topics:
a month ago
When can I amend my 2025 return
Topics:
a month ago
1 Cheer
Yes, TurboTax can do that. Where do I enter a SSA-1099? While your lump sum may include benefit payments for more than one year, you do not have to file an amended tax return for any prior year...
See more...
Yes, TurboTax can do that. Where do I enter a SSA-1099? While your lump sum may include benefit payments for more than one year, you do not have to file an amended tax return for any prior year. You might need to pay taxes on a small portion of your lump-sum payment. However, you might be able to avoid these taxes by apportioning prior year benefits to those previous years’ income (still without filing any amended returns). After you enter your lump-sum Social Security payment information, TurboTax will automatically figure out what, if any, taxes you owe due to the lump-sum payment.
a month ago
The February 13 date for the depreciation section for rental property (schedule E) to be updated has come and gone. Please tell me when it will be ready for use. It is disappointing that TurboTax wo...
See more...
The February 13 date for the depreciation section for rental property (schedule E) to be updated has come and gone. Please tell me when it will be ready for use. It is disappointing that TurboTax would not have this ready in time for people to finish their taxes. Not a happy customer!!!
a month ago
My 2025 employer and payroll contributions to my own HSA account: $4,300 (self-plan). Wife's 2025 employer and payroll contributions to her own HSA account: 8,550 (half year self-plan, half year Fam...
See more...
My 2025 employer and payroll contributions to my own HSA account: $4,300 (self-plan). Wife's 2025 employer and payroll contributions to her own HSA account: 8,550 (half year self-plan, half year Family plan). TurboTax is saying we overpaid with excess contribution of $4,300. I thought that since we have separate plans and separate HSA accounts that the limit would count separate, is it not true? Does this change if we are filing separately? What are the implications of withdrawing vs not withdrawing the excess?
a month ago
There should be no audit provided the amounts are correct. I've used this procedure for years with no problems. Entering data directly into form 1116 worksheet is fine provided that the user has ...
See more...
There should be no audit provided the amounts are correct. I've used this procedure for years with no problems. Entering data directly into form 1116 worksheet is fine provided that the user has a reasonably good level of expertise because of the fact that there is no guidance as in the step-by-step procedure.
a month ago
1 Cheer
You need to prepare a non-resident return for South Carolina. When you are working on the South Carolina return, you will be asked for the portion of your self-employment income that was earned in So...
See more...
You need to prepare a non-resident return for South Carolina. When you are working on the South Carolina return, you will be asked for the portion of your self-employment income that was earned in South Carolina. You will see that on the screen that says South Carolina Part-Year and Nonresidents.
a month ago
Thanks, Hal! I was pretty sure I knew all the guidelines, and I tried three times to check off all of the answers correctly. I finally gave up and posed my question to the community. I went ba...
See more...
Thanks, Hal! I was pretty sure I knew all the guidelines, and I tried three times to check off all of the answers correctly. I finally gave up and posed my question to the community. I went back in, entered everything for the fourth time.... and this time it worked! I got the $500 child tax credit on my 1040. Then I returned to the community and found your answer. Now I have a new question: How can I get that $500 credit for my daughter-in-law? We were their sole source of support for eleven months. I answered the questions the same way for her, but Turbo Tax says she is not our dependent.
a month ago
My wife and I file jointly. We both receive SS. I entered my SS amount and my wife's. I also enter the IRA distribution for 2025. On the income summary it is correct.. On the page that provides ...
See more...
My wife and I file jointly. We both receive SS. I entered my SS amount and my wife's. I also enter the IRA distribution for 2025. On the income summary it is correct.. On the page that provides taxable income it is substantial lower. I can see where my 12,000 senior deduction is. But the summary is not correct. It looks like the summary is not adding in my SS. I took my SS income to 0.00. Then added it back in again. No change. The total income won overview of taxes is lower by a lot. Did the Trump no tax on SS go through :)????? I phoned to get technical support. No help. I was unable to speak to a person. I have used Turbotax for a number of years with no problems. This year I can not file my with Turbo tax. Any suggestions for an alternative?
Topics: