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First, if your 2024 return was prepared in Online TurboTax, look to see if you have multiple accounts without realizing it.   To get a list of your User IDs, reset password, and recover account access, etc., you can use the tool at the link below.  When using the Account Recovery tool, try using your phone number first if you can still access it.   After that, if necessary, then run the tool on your email address(es) you can access. NOTE: Before running the account recovery tool below, log out of all Intuit accounts including this user forum, or you might end up in a loop.  Then clear your browser Internet cache, close your browser, then reopen it, and go to the link below.  You may wish to copy this link so you can paste it into the new browser session. https://myturbotax.intuit.com/account-recovery If still no luck after running that on your phone number you can still access and email address(es) that you can access,  here's another method: Go back to the tool again, but this time leave the data field blank, scroll down a bit, then choose the small blue link that says "Try something else", and it will look you up by other parameters.

Did you all try using excess real estate taxes in form 8829.  I used the full RE taxes in the first form 8829.  Then in second form 8829 I put in 0 in the RE taxes, but added full amount in Excess RE taxes.  The total deductions turn out to be the same with the excess RE taxes on form 8829.   Then I checked my Schedule A form where I entered the full RE taxes by overriding TT.  Then I compared the Sch A from older file where I was getting error with the new file with Excess RE taxes on one of the form 8829.  The numbers were exactly the same.  I have to take standard deduction so it did not matter as Sch A will not be used.  But for comparison it was exactly the same.   Then I compared CA Schedule CA for itemized deductions for California.  Those numbers were exactly the same in my old file and the updated file.    So, for me the excess RE taxes works well.  Now TT is also not giving any error.  So I am going to file that way.  Not sure if you have tried and found any difference.  Most likely you will not need to do any manual calculations for Sch A if you use excess RE tax method.   Hope it works for you.

@DanaB27 Token 1341613 Turbotax is populating my Form 8606 incorrectly, I can't make it to correct mistakes. I input my Dec 31, 2025 Traditional IRA balance several times during answering Turbotax questions, but field 6 of 8606 is still empty.  Field 8 is left empty too (shall be 6912.87 - I put this info multiple times). Field 9 nothing is calculated. Field 10 is empty. Field 11 is empty. Field 13 calculation is incorrect because the above fields are empty. Field 14 basis carried forward incorrect too. Field 17 and field 18 are incorrect too. Please help me to make Turbotax populate my report correctly. I deleted info several times and redid it, its incorrect.  I made non-deductible Traditional IRA contribution of 7000 in 2024 (I have 8606 with 7000 basis for 2024). In 2025 I converted 6912.87 from Traditional IRA to Roth IRA (Traditional IRA had balance of before tax contributions and still has). In 2026 I am going to make another non-deductible Traditional IRA contribution of 7000 made for 2025 (till April 15 2026). Please help, everything else is ready but I can't file! Thank you very much  

I am having the same issue with my 2025 Federal return.  I itemized in 2024 deducted my NY State taxes that was withheld and received a NY State refund. While doing my 2025 Federal return which I am itemizing, I noticed my return is not listing the NY State refund for 2024.  On schedule 1 line 11 it lists the amount of refund I received in 2024. Is the 2024 state refund excluded?  FYI on my 2024 Federal return my 2023 state refund was listed on my return as being taxable.  Did something change?

What is FED OT PRE?   I assume that this means Federal Overtime Premium and presume that it means the 'half' portion of 'time-and-a-half' overtime compensation.   Individuals who receive Qualified Overtime Compensation may deduct the pay that exceeds their regular rate of pay (the “half” portion of “time-and-a-half” compensation) that is required by the Fair Labor Standards Act and reported on a Form W-2, Form 1099, or other specified statement furnished to the individual.  For the Qualified Overtime Deduction:     Maximum annual deduction is $12,500 ($25,000 for joint filers). Deduction phases out for taxpayers with modified adjusted gross income over $150,000 ($300,000 for joint filers). The deduction reduces federal income tax liability, it does not exempt overtime pay from Social Security and Medicare taxes.  Employees will still owe these taxes on their overtime earnings. Taxpayers filing as married filing separately are not eligible for the deduction. The deduction is available for both itemizing and non-itemizing taxpayers.

I did try deleting the forms. That didn’t help. Then I even tried starting over, but for some reason it keeps going back to the question. The K1 does have multiple income boxes checked in and last year I remember I had to enter each income stream separately. But this seems to be a software issue - instead of saving the first stream and adding the next, it is looping into the same question. The previous info is not saved. Any ideas on how to bypass or fix?

I am glad that your issue was resolved. If there is still an issue with TurboTax that needs to be addressed, please let us know the steps you took that led to the screen that you found has incorrect information; if possible, posting a screenshot would be helpful.   @Ken14

@ Drisk59 wrote: Same problem here!   You came to the right thread.  Yes, this is a Mac issue.  There are several solutions posted many times in this thread, which has over 200 postings.  So hopefully, one will work for you.   If you're lucky, the simplest attempt would be to close TurboTax, restart your computer, and then reopen TurboTax.  That has worked for several.   Others had to use different approaches.   You'll see other suggestions in this thread.    I would read it in reverse order.   The earliest postings were made prior to the suggested approaches as the issue was developing, while the latest postings have anecdotes of what has succeeded for those users.

 Within 45 days of selling the original property, investors must identify potential replacement properties in writing, known as the 45-Day Identification Period. Additionally, the entire exchange must be completed within 180 days of the sale, referred to as the 180-Day Exchange Period.   The identification is a written (signed and dated by the taxpayer), unambiguous description of the property, and does not require that such properties be under contract or in escrow to qualify. Exchangers acquiring an undivided percentage interest (“fractional interest”) in a property should identify the specific percentage that will be acquired. The Exchanger may change the properties identified as often as they want during the 45-day identification period by revoking the previously written identification and then identifying new potential replacement properties. It is essential that the identification is delivered by midnight of the 45th day, or postmarked by the 45th day, to the Exchanger’s Qualified Intermediary or to a party related to the exchange who is not a disqualified person. Typically, delivering the identification to the Qualified Intermediary is the safest course of action to prevent disqualification of the transaction for an invalid and/or untimely identification. If the Exchanger fails to deliver the identification on a timely basis or does not comply with one of the three identification options, the exchange will be disallowed.   so the identification date is the postmarked date on the written declaration.       cash has nothing to do with identification. It's part of the boot, making part of the exchange taxable.   

Hi, I just noticed that i have an underpayment penalty for my Federal tax as well but Turbo tax did not point that out or ask me to report quarterly income. What can i do to remove that penalty from Federal tax? where can i see the calculation? Reporting quarterly income for state would also impact Federal penalty? thanks

No, you should enter the date you stopped using the vehicle for business in the vehicle section rather than simply deleting it. If the vehicle was depreciated, TurboTax may need additional information to correctly calculate any gain or depreciation recapture when it was sold.

1)  That can only be corrected by amending.  Using an incorrect Basis is NOT a Method of Accounting that qualifies for Form 3115, so amending is the only way to correct that.   2) While I am not certain, I suspect that depreciating a non-existent asset (the duplicate) is most likely a Method of Accounting, so Form 3115 can be used. 

Maybe your 2024 file is corrupted, if you saved it to a cloud-type environment.  Look in Documents > TurboTax for a back-up copy (with a tilde sign)  Or, if you have TurboTax 2024 on your computer, open it and re-save your tax file to your desktop.  Then point to this file during transfer to 2025.   @user17736013781