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Suggestion to TurboTax programmers:   Do not recalculate tax liability on this page: "Let's get more information about your Required Minimum Distribution (RMD)."  Wait until the user specifies what the 1099 R distribution amount was for on "How much of this distribution applied to your December 31, 2025 RMD?" before recalculating tax liability.  This will provide a more intuitive user experience.

If you are not able to import your Form 1099-R into TurboTax, you can manually enter your 1099-R with the following steps:   1) On the 1099-R import screen in TurboTax Online, select Change how I enter my form   2) On the following screen, you will have these options:   a) Bring it over from my bank b) Upload it from my computer  c) Snap a photo with your phone  d) Type it in myself   In TurboTax Desktop, select Skip Import on the 1099-R import screen to enter the form manually.    

I am having the same problem with Turbo Tax calculating the incorrect federal income tax amount for 2025.  I am a retired tax CPA and have compared my tax calculation to the IRS and AARP.  Myself, IRS and AARP come to the penny of the same tax calculation. Turbo tax is $800 off.  Since I cannot see how the tax is calculated I am at a loss what to do from here.  I may just go back to a manual paper return and demad a refund from Turbo Tax unless anyone else has any thoughts? 

If you edit or review a 1099R it does not keep your answers from before but resets them to the defaults. Then you have to go through and answer them all again. So be sure to go all the way to the end of the 1099R section. They are right unless you go back.

We do not know what your W-2 or your paystub looks like.  Perhaps you paystub displays 'overtime premium' or 'overtime'.   For tax years 2025 through 2028, individuals who receive qualified overtime compensation may deduct the pay that exceeds their regular rate of pay.   For many, the amount is 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.   As an example, if the employee’s regular rate of pay is $20 per hour and the employee worked one hour of overtime, the employee’s overtime pay would be $30 ($20 x 1.5).    The employee’s qualified overtime would be $10 ($30 overtime pay less $20 regular pay). In this example, qualified overtime for deduction purposes is equal to one-third of total overtime: $30 / 3 = $10.   Referring to the example above, if the paystub displays 'overtime' of $30, the paystub is displaying the regular wage plus the qualified overtime for deduction purposes.   Referring to the example above, if the paystub displays 'overtime premium' of $10, this would be the qualified overtime for deduction purposes.   For the deduction for qualified overtime:    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 have not updated to Window 11 and with all of the issues they are now having with it, I am not changing.   As a 15 Plus user of Turbo tax,  I will be moving on to H&R Block.  Not only will I save about $80 in filing, I will not have to deal with Windows 11 issues unless Turbo Tax comes up with a quick solution fast.   I think Intuit is trying to backdoor everyone into updating their systems has backfired.     

I have a question related to Tax filing as well, I was an international student in a university from Jan 1st, 2025 - April 30, 2025. So, am I considered as a full-time student during 2025 year? My end date on my I20 is April 30, 2025, so this doesn't meet rule of 5months and only graduation ceremony took place on May 2nd, 2025 but not registered to any classes or school. Could anyone please answer to my question. Thank you.

Do you not see the option?  When you get to the screen that says, "Get your federal refund faster" and it gives the option of Fast deposit to Credit Karma or a bank account, select "No thanks".  The next screen is "How would you like to receive your federal refund?" If you are eligible for the Refund Advance, you will see this as an option.    The Refund Advance is not available to everyone.    Here are a couple things to check: If you are using a TurboTax partner affiliate link to use the software, the Refund Advance will not be available. If you select the 5 Day Early Refund Delivery, you will not see the Refund Advance option, but you can return to the refund selection page and find all the options listed. See this resource for more information:  Offer details and disclosures for the Refund Advance  program   Refund Advance Eligibility Here are some of the eligibility requirements to qualify for a Refund Advance loan: You’re 18 or older Your expected federal refund amount is $500 or more You’re not a resident of North Carolina, Connecticut, or Illinois You’re e-filing your federal tax return with TurboTax Your physical address is listed on your tax return. Your address must be located in one of the eligible states and can’t be a PO box or prison address You’re not filing one of these tax forms: 1310, 4852, 4684, 4868, 1040SS, 1040PR, 1040X, 8888, or 8862 You aren’t filing on behalf of a deceased taxpayer You must report income on a Form W-2, 1099-R, or Sched C You must open or have an existing Credit Karma Money™ checking account