All Posts

On the county of residence dropdown list, Baltimore City will be listed as a county. It is the 3rd one down on the list, above Baltimore County. If you select State Taxes from the left-hand side menu, select Go to state return, select Edit next to Maryland,  and then select Edit next to General info, you'll be able to go through the questions again to update your answer for county. 

@Movie-Nut wrote: This is no way as flexible as what's in H&R Block, which is more similar to what we did in It's Deductible. I have a copy of H&R Block (for 2025) and I really don't see a marked difference between TurboTax and Block; they're both a pain and in no way comparable to ItsDeductible.   As for import, both Intuit and HRB need to figure out a way to import CSV files (or some other widely used type of file) into their software.

You can start the return over and you will be back to the original cost , as follows:   Choose Tax Tools from your left menu bar in TurboTax Online while working in your program Choose Tools Choose Clear and Start Over

A similar problem still exists with various pages and forms in PDFs generated from Turbo Tax Business 2025 and Turbo Tax Premier 2025 for various state returns, which the February 13 update hasn't fixed.  Commenters have indicated it's a "Windows problem" but I think it's more likely an incompatibility in the PDF files with various rendering engines.   If you open up the .PDF files with various PDF readers you might get similar results to my testing:   Adobe Acrobat - Displays a warning about an error in the page but the pages will usually still render rather than rendering blank. Firefox (Gecko rendering) - Should correctly render the pages. Edge (Chromium rendering) - Does not correctly render the pages - shows blank page. Safari (Webkit Engine) - Should correctly render the pages.   I didn't test Chrome but as it's Chromium based I would guess it has the same problem as Edge. If you get a blank page in a PDF, try opening the PDF file with different PDF readers and see if it works.    Hope this helps...

No, TurboTax does not support Form 8958 for a tax payer who is filing single. Form 8958 is for taxpayers who are married, filing separately, so it is not applicable to your situation.   However, community property laws still apply to the income earned while you were married during 2025.   Therefore, to report the income subject to community property laws as a single filer in TurboTax, do the following:   Calculate your share by identifying total income you earned during the period that you were still married and divide that by two Next, report your 50% share on your return, plus the 100% of the income you earned after divorce Then, coordinate with your ex because they are legally obligated to report the other 50% of the community income on their return Since you are both filing separate returns, you must communicate with your ex to ensure that they report their 50% share so that the IRS has accurate figures   Note: Because the IRS has a record of your full W-2 wages, they may send an automated notice asking why your reported income is lower than your W-2. If this happens, you can reply with a copy of your divorce decree and an explanation for the community property allocation.

I'm in the same boat.  Minimally it is misleading, but to me it is just a fraudulent way to do business.  They already charged me and I will dispute it with my credit card if I need to.  Right now on hold.  If I have to redo the whole thing, I'm out of here as well.

There is a known error related to the HSA and last month rule. Please see the following link for more information:   Why is my Form 8889-T line 18 Worksheet showing "None" When I selected "Self plan"?   @hortinggirls 

Note that the same problem exists with various pages/forms in PDFs generated from Turbo Tax Business 2025 as well as Turbo Tax Premier 2025.  Commenters have indicated it's a "Windows problem" but I think it's more likely an incompatibility in the PDF files with various rendering engines.   If you open up the .PDF files with various PDF readers you might get similar results to my testing:   Adobe Acrobat - Displays a warning about an error in the page but the pages will usually still render rather than rendering blank. Firefox (Gecko rendering) - Should correctly render the pages. Edge (Chromium rendering) - Does not correctly render the pages - shows blank page. Safari (Webkit Engine) - Should correctly render the pages.   I didn't test Chrome but as it's Chromium based I would guess it has the same problem as Edge.  Try opening your PDF files with different PDF readers and see if it works.    Hope this helps...

To enter your foreign rental property sale in Form 1116 in TurboTax:   Make sure that the sale and your gain is reported on Form 8949 and Schedule D. Navigate to the Foreign Tax Credit/Deduction section Answer the interview questions Indicate you want to take the credit, not the deduction Select Passive income for income type Select India as the country Enter a description like "India Rental Sale" and your gain on the sale (same amount reported on 8949/Schedule D. Note - adding your income/gain in this section does not add it to your taxable income.  It is only used to calculate the credit. Continue and enter information where applicable Enter your foreign tax paid Continue with the rest of the interview.   You will see your Foreign Tax Credit amount on the final page after continuing through the entire section   Do Not 

Yes, I have exactly the same issue.    If I try to enter as totals, the whole thing gets messed up. My AMD is about 8500 from Tbonds sold in 2025. If I adjust the cost basis by clicking the box and entering the market discount, I definitely get taxed twice on this income (once as capital gains, and then again as my cost basis is lowered by TT when I enter the market discount) . For TurboTax to report my capital gains/losses correctly, I need to enter the AMD as a negative number. But then I'm not reporting the income on the sale of this bond. So where would I do that?   I haven't tried entering all my sales individually. But I tried just entering the bond sales individually, and I still end up with the same double tax issue, although there is more options available.    I'm not sure how to handle this in Turbo tax. My understanding is that the difference from what I paid for the bond  and the what the bond was worth at maturity should be taxed as interest, and not as a capital gain. 

No you will not be prompted to complete Form 3115 by TurboTax. Before you begin to make any adjustments or changes please review the following. Keep the information for all depreciable assets before the study (2024). This will provide the depreciation already used on prior years and allow you to calculate the depreciation not yet used prior to 2025. Yes, you can edit the existing cost basis and collect the total depreciation you have not previously used.  No, do not zero out the existing basis for the rental house however if part of that cost is now designated to the smaller house, you will change the cost basis based on the study. It's up to you if you want to show two rental units now splitting the cost appropriately. Residential Rental property is 27.5 year, while nonresidential property (includes short term rentals) is 39 years. Once you have the calculations for depreciation expense not previously used this amount will be entered on Form 3115. Continue to review all the instructions below.   The rule is as follows - To file IRS Form 3115 for an automatic accounting method change, you must file in duplicate:  attach the original, unsigned form to your timely filed federal tax return (including extensions), and mail a signed copy to the IRS National Office or Ogden, UT office. Form 3115 Instructions (page 2) Next, for the prior depreciation you have not used.  Form 3115 Instruction:  By including this with the current year tax return, you can complete everything on the 2024 tax return. Adopt a change in accounting method: This option allows you to go back as far as you need. Keep in mind that even if you prepare the form 3115 in TurboTax, you will need to manually include the Section 481(a) adjustment to your return (see below). Why am I adopting a change in accounting method? Not claiming depreciation in two or more years indicates that you've chosen an accounting method without depreciation. In this case, you must now elect to change your accounting method to include depreciation. You must use the TurboTax Desktop ‌ to complete this form. TurboTax doesn't help you with this form. And your return must be mailed because this form is not supported through e-file. This must be completed and filed with the return on time (see options below).  The depreciation will not link from Form 3115 to your Schedule E (as indicated above). Be sure to get the total accumulated depreciation prior to 2025, and enter that number on your Schedule E under 'Any Miscellaneous Expenses' then use the description F3115 Section 481(a), then add the amount. Your depreciation schedule will maintain the information for each asset for future use.   You can change to TurboTax Desktop if you choose. How to switch from TurboTax Online to TurboTax Desktop? Additional options to consider:  While form 3115 is not supported in TT, you can include the adjustment amount in your tax return and still e-file your tax return. You would then need to complete form 8453, check the form 3115 box and mail both of these forms to the address on the instructions.  If you do this, make sure to send the envelope certified mail. Not necessarily advocating this method, for the simple fact the IRS staff is down in staff and just not sure of all the logistics given the reduction in staffing. If you decide to mail both the return with the form 3115, I also recommend you send this envelope certified mail as well. Please update if you have additional questions or need further assistance.   @7037851231 [Edited: 03/02/2026 | 3:37 PM PST]

Here is the Turbo Tax Desktop to Online Migration Offer.  But I don't know how it works...... https://ttlc.intuit.com/turbotax-support/en-us/help-article/marketing/ty25-ttd-direct-offer/L0aUgksJd_US_en_US "Offer includes one Tax Year 2025 federal return and one state tax return filed using the TurboTax Online"   If you want to switch to the Online version next year here is some info…… If you used the Desktop program for 2024 here’s How to transfer into the Online version, expand the blue link if you used the CD/download last year https://ttlc.intuit.com/turbotax-support/en-us/help-article/import-export-data-files/transfer-last-year-return-turbotax-online/L279eUvY2_US_en_US?uid=l8w7nlbv   And as you found out..... If you used the Desktop program before you may notice several differences and not like the online version. It has less features and no Forms Mode. And you will have to pay first to see all the forms. All the Online versions do not have the same forms so you may need to upgrade to a higher version. Online Premium is the highest vesion and has all the same forms as the Desktop programs. You can only do 1 return per account. And pay for each account. Federal and state are separate fees. Your return is only saved online so be sure to save both the .tax2025 data file and the pdf file to your computer when you are done. In case you need to amend in the future or if you need a copy to get a loan or something. You might not be able to access your online return when you need a copy.