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I have similar issue. The problem is more than calculating depreciation. It no longer provides fields to enter information (sale proceeds and date, purchase cost and date etc. relating to the sale of... See more...
I have similar issue. The problem is more than calculating depreciation. It no longer provides fields to enter information (sale proceeds and date, purchase cost and date etc. relating to the sale of the property sold in 2025) to calculate the gain or loss on sale of the rental property. This function has been available for years in TURBOTAX PREMIER. Is it a temporary issue in need of update by TURBOTAX or what? Need reply from INTUIT immediately as I need to report it urgently.
You have to say the pension has a RMD too.   Say all of it is the RMD.   If you are the age required to take a IRA or 401K RMD it will ask you if a pension is the RMD.  Say yes.  Anything your pensio... See more...
You have to say the pension has a RMD too.   Say all of it is the RMD.   If you are the age required to take a IRA or 401K RMD it will ask you if a pension is the RMD.  Say yes.  Anything your pension pays you is considered to be the  RMD.  Traditional pensions automatically fulfill the rules of an RMD.  So for the RMD question put in the same amount as box 1.
"Yes, post-tax (after-tax) HSA contributions are fully tax-deductible. If you contribute to an HSA outside of payroll deductions, you can claim this as an "above-the-line" deduction on your federal in... See more...
"Yes, post-tax (after-tax) HSA contributions are fully tax-deductible. If you contribute to an HSA outside of payroll deductions, you can claim this as an "above-the-line" deduction on your federal income tax return (Form 1040, Schedule 1), reducing your taxable income even if you do not itemize. These contributions are subject to annual IRS limits."
Hey yall! I also look forward to catching up with you all every year, we been at this for yearssss lol!! I didn’t update to the PATH message now I’m getting worried. D: I don’t remember if I got i... See more...
Hey yall! I also look forward to catching up with you all every year, we been at this for yearssss lol!! I didn’t update to the PATH message now I’m getting worried. D: I don’t remember if I got it last year, I do remember one year it went from received to refund approved. Lord I don’t have the patience this year, praying we all get DDD SOON!!
Make sure that both of your dependents would qualify for the Child and Dependent Care Credit.  If only one of your dependents would qualify for the credit, then you will not see both dependents liste... See more...
Make sure that both of your dependents would qualify for the Child and Dependent Care Credit.  If only one of your dependents would qualify for the credit, then you will not see both dependents listed in the drop down box.     Take a look at the following TurboTax help article to learn more about the qualifications:   Who is a Qualifying Person for the Child and Dependent Care Credit?   @lopezstephany928   
Hi,  How does TT calculate the depreciation amount for a car in the second year of service, if section 179 was used in the first year? For the second year on form 4562, TT show a depreciable basis ... See more...
Hi,  How does TT calculate the depreciation amount for a car in the second year of service, if section 179 was used in the first year? For the second year on form 4562, TT show a depreciable basis of $4489, but under current depreciation only $575. Worksheet part VIII :MARCS, asset class 5, depreciation method 200HB and MARCS convention HY?   Thanks
I have another 1099 related to a small monthly pension.  It has nothing to do with my IRA.  I used the desk top version the last 4 years and never had this problem but was forced to use the online ve... See more...
I have another 1099 related to a small monthly pension.  It has nothing to do with my IRA.  I used the desk top version the last 4 years and never had this problem but was forced to use the online version this year.  Fortunately have friend that has H & R Block desk top version and we entered my info and it calculated taxes accurately.  If I don't resolve this soon he will file my return as I am due a refund and next year will use their software.
In 2025 I bought an item online for $59.97 from a retailer who did not charge the Pennsylvania sales tax (6%). So I am trying to report this on my State Tax return for 2025. I put in the amount of th... See more...
In 2025 I bought an item online for $59.97 from a retailer who did not charge the Pennsylvania sales tax (6%). So I am trying to report this on my State Tax return for 2025. I put in the amount of the sale as requested. Turbotax accurately calculated the tax as $4 (it always rounds up). Then it added $10 labeled "Additional Estimated Use Tax from Optional Table". So I'm paying $16.00 instead of $3.60. What's up with that? Am I being penalized just because the retailer did not charge me the sales tax at the time of purchase?
I am using TURBOTAX PREMIER 2025. My rental property has been reported using TURBOTAX for many years as Sch E. It was sold in 2025 so in this 2025 tax reporting, I need to report this sale in the REN... See more...
I am using TURBOTAX PREMIER 2025. My rental property has been reported using TURBOTAX for many years as Sch E. It was sold in 2025 so in this 2025 tax reporting, I need to report this sale in the RENTAL PROPERTY SALE/ DEPRECIATION SECTION for that property. But when I click on the section, it NO LONGER provides the fields  to enter the sale information like sale proceeds, cost, date of sale and purchase, land value etc. It just gives out a message saying the "depreciation has not been finalized and maybe available in February." This function has been available in all prior years' TURBOTAX versions. I need to do my 2025 tax urgently. Please advise when the software will be updated to put back this function to allow me to enter the rental property sale information.  
No it was turbo tax that had an estimated date of the 12th of February. 
I was unable to use the PDF format as well.   Good luck! Carol
If the IRS 'Where's My Refund?' site gives an expected date of 02/12, a five-day early refund would fall on 02/07.   You'll get an email from TurboTax when your refund is on the way.   @17703... See more...
If the IRS 'Where's My Refund?' site gives an expected date of 02/12, a five-day early refund would fall on 02/07.   You'll get an email from TurboTax when your refund is on the way.   @17703842015 
I was able to download the older format (txf) from Koinly and use that to upload into the Desktop version. It was accurate. What a waste of time though since there was no clear information from tur... See more...
I was able to download the older format (txf) from Koinly and use that to upload into the Desktop version. It was accurate. What a waste of time though since there was no clear information from turbotax on CVS downloads for either version for this year.    Carol
@Wfremgen    Another few folk with the "Desktop" software, encountered the same problem, and solved it as follows:   1)  Open tax return and switch to Forms Mode 2)  Open the SS Benefits workshe... See more...
@Wfremgen    Another few folk with the "Desktop" software, encountered the same problem, and solved it as follows:   1)  Open tax return and switch to Forms Mode 2)  Open the SS Benefits worksheet from the left-window  (  "Social Sec"  on left side) 3) When it opens in the rt-window...Delete it  (selection at bottom of screen) 4)  Return to the interview and re-enter the SSA-1099 area...and it should work now.  
You are correct to mark "No".  New Jersey and Pennsylvania have a reciprocal agreement. As long as your PA employer withheld NJ taxes, you do not need to take further action.   If the employer wi... See more...
You are correct to mark "No".  New Jersey and Pennsylvania have a reciprocal agreement. As long as your PA employer withheld NJ taxes, you do not need to take further action.   If the employer withheld PA tax, file a Form REV-419 so they stop withholding PA tax.  Next, in order to get a refund of Pennsylvania tax, file a non-resident PA tax return, reporting zero income as Pennsylvania sourced, and request a refund.  For NJ, file a resident return and report the wages as if you earned them in NJ.   Here is more information on reciprocal states: What is a state reciprocal agreement?
It's just that we keep trying to do our state returns before the forms are published.  Here is a link to the dates when the state forms are ready:    https://ttlc.intuit.com/turbotax-support/en-us/he... See more...
It's just that we keep trying to do our state returns before the forms are published.  Here is a link to the dates when the state forms are ready:    https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-forms/state-forms-availability-table-turbotax-business/L96lUEYgI_US_en_US?uid=lt3dwwns   This happened to me before but I had forgotten.  Now I keep this link in my bookmarks/favorites.  TurboTax updated it each year so you don't have to resave it.   The only "bug" is that instead of simply getting a message to that effect when you click on Start State, you get into this endless loop with no explanation.  
The TurboTax Free online edition is for very simple tax returns that do not require any other form or schedule other than the Form 1040.  If your tax data requires entry on any other form or schedule... See more...
The TurboTax Free online edition is for very simple tax returns that do not require any other form or schedule other than the Form 1040.  If your tax data requires entry on any other form or schedule then you must upgrade to the Deluxe edition or higher.   If you have not paid for the online edition you are using, have not filed your tax return or registered the Free edition, then you can clear your return and start over with a lower priced edition. Click on Switch Products on the lower left side of the program screen while working on the 2025 online tax return. Click on Clear & Start Over   Go to this TurboTax website for the Free online edition - https://turbotax.intuit.com/personal-taxes/online/free-edition.jsp   Please Note - TurboTax Online: Important Details about Filing Form 1040 Returns with Limited Credits A Form 1040 return with limited credits is one that's filed using IRS Form 1040 only (with the exception of the specific covered situations described below). Roughly 37% of taxpayers are eligible. If you have a Form 1040 return and are claiming limited credits only, you can file for free yourself with TurboTax Free Edition or TurboTax Live Assisted Basic (if available), or you can file with TurboTax Full Service at the listed price. Situations covered (assuming no added tax complexity): W-2 income Interest or dividends (1099-INT/1099-DIV) that don’t require filing a Schedule B IRS standard deduction Earned Income Tax Credit (EITC) Child Tax Credit (CTC) Student loan interest deduction Situations not covered: Itemized deductions claimed on Schedule A Unemployment income reported on a 1099-G Business or 1099-NEC income Stock sales (including crypto investments) Rental property income Credits, deductions and income reported on other forms or schedules
Is he temporarily out of the US and will be returning to your home?  Is he under the age of 19?  Or is he a full time student under the age of 24?