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February 23, 2026
11:09 PM
I was talking with a preparer and it was showing she was preparing my taxes, and she just up and disappeared
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February 23, 2026
11:05 PM
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February 23, 2026
10:58 PM
Hi There, Is this answer still true for the 2025 tax year? Thanks in advance 🙂
February 23, 2026
10:50 PM
HELP PLEASE
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February 23, 2026
10:36 PM
TurboTax 2025 Form 1099-R Summary (Form 1099-R Smart Worksheet) has entries for IRA distributions on lines 1, 2, 5, 8, and 10; Pension and Annuity entries on lines 22, 25, 26, 32a, and 32d; and Tax ...
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TurboTax 2025 Form 1099-R Summary (Form 1099-R Smart Worksheet) has entries for IRA distributions on lines 1, 2, 5, 8, and 10; Pension and Annuity entries on lines 22, 25, 26, 32a, and 32d; and Tax Withholding entries on lines 37 and 38. All above have entries in both columns. There are also entries in both columns of line 44. We do not recognize those numbers, and don't know why they are there.
February 23, 2026
10:31 PM
for stock block, use "1"
i suggest you read about basis and at-risk in the k-1 instrcutions.
https://www.irs.gov/pub/irs-pdf/i1120ssk.pdf
also to be included in basis is cash and/or...
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for stock block, use "1"
i suggest you read about basis and at-risk in the k-1 instrcutions.
https://www.irs.gov/pub/irs-pdf/i1120ssk.pdf
also to be included in basis is cash and/or property contributed. Property is valued at the lesser of its adjusted basis or its fair market value when it’s donated or converted.
February 23, 2026
10:22 PM
Today I was trying to input one of my children’s 1099Q’s. I have 4 children and have been receiving these forms for a decade. NEVER has there been amounts in box 2 and 3 for basis and earnings. NEVER...
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Today I was trying to input one of my children’s 1099Q’s. I have 4 children and have been receiving these forms for a decade. NEVER has there been amounts in box 2 and 3 for basis and earnings. NEVER has Turbo Tax required those amounts. Turbo Tax figures out your basis after you input your 1098T, 1099Q and all education expenses. You can find the calculations in IRS pub 970. This past year I spent hours on the phone with Vanguard trying to figure out the basis of a Coverdell I was rolling over. Their final answer was they don’t keep track of that amount because it’s done on your taxes. Turbo Tax needs to not require amounts in boxes 2 & 3 because I cannot proceed without an input that equals the distribution amount. All 4 of my children’s 1099Q boxes 2 and 3 are blank. Turbo Tax please correct this unnecessary input. Earlier I called Turbo Tax and requested a callback. The agent called me 50 minutes later, and at the beginning of the call, we were accidentally disconnected and the agent never called back, so I wasn’t able to resolve this issue. A software ticket needs to be submitted.
February 23, 2026
9:56 PM
The calculation is done on Schedule 1-A part IV. This forum has no access to your return. If you modified adjusted gross income is too high you don't get the deduction
the loan must have originated...
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The calculation is done on Schedule 1-A part IV. This forum has no access to your return. If you modified adjusted gross income is too high you don't get the deduction
the loan must have originated after 2024.
the qualifying passenger vehicle must be for personal use.
other rules apply
February 23, 2026
9:53 PM
My business is a CA-based LLC and I file as an S-Corp. I make films and I was hired as a director by a NY-based company for a shoot last year. We shot for two days in New Jersey. Do I have to file a ...
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My business is a CA-based LLC and I file as an S-Corp. I make films and I was hired as a director by a NY-based company for a shoot last year. We shot for two days in New Jersey. Do I have to file a non-resident tax return in NJ? I tried to figure out how to do this on y taxes under state returns and it was trying to make me register my business as an NJ S-Corp, is that the only way?
February 23, 2026
9:53 PM
Calee buckreis needs to be removed
February 23, 2026
9:53 PM
The 2024 data file may be password-protected or encrypted. Was the 2024 data file prepared in TurboTax for Windows or on a Mac?
February 23, 2026
9:49 PM
I resolved the issue by rerunning all the steps from beginning to end. The error was successfully eliminated.
February 23, 2026
9:47 PM
1 Cheer
Those 1040-ES forms are not ready yet for Federal. They are expected to be available later this week, likely in this week's routine update on Thursday. Once updated, the watermark should be gone...
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Those 1040-ES forms are not ready yet for Federal. They are expected to be available later this week, likely in this week's routine update on Thursday. Once updated, the watermark should be gone from the forms.
February 23, 2026
9:46 PM
This year is the first year in the past decade Turbo Tax is requiring box 2 and 3 to be input for the 1099Q (I have 4 kids who attended college). My financial institutions have NEVER put an amount in...
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This year is the first year in the past decade Turbo Tax is requiring box 2 and 3 to be input for the 1099Q (I have 4 kids who attended college). My financial institutions have NEVER put an amount in those boxes. They’ve always been blank. They DO NOT keep track of your cost basis. Cost Basis is calculated when you file your tax return. This past year I spent hours trying to figure out the cost basis of a Coverdell with Vanguard. Their final answer was is they don’t keep track of it. The cost basis is calculated when you file your taxes with your 1099Q & 1098T, so there is no input for 2 & 3. They are blank on the 1099Q’s. Turbo tax needs to fix this input because you can’t proceed without inputting & Turbo Tax figures out those amounts after inputting education expenses.
February 23, 2026
9:45 PM
My Schedule K-1 line 1 shows a loss. Form 7203 zeroes out that loss. My company does not have stock, so how do I calculate my shareholder basis?
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February 23, 2026
9:33 PM
Meaning ?
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February 23, 2026
9:30 PM
Taxes have been filed and accepted. The state version of the form printed perfectly.
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February 23, 2026
9:30 PM
Even if you used your ESA distribution for education expenses, you should still enter your 1099Q with expenses especially if you’re receiving any education credit. Turbo Tax calculates your cost basi...
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Even if you used your ESA distribution for education expenses, you should still enter your 1099Q with expenses especially if you’re receiving any education credit. Turbo Tax calculates your cost basis and earned income every year. You will eventually have to go back and figure out. I do not recommend skipping this step. Your financial institution does not report those amounts on your 1099Q, you get them from your tax return. Years ago turbo tax told me I didn’t have to enter 1099Q since I used distribution for education expenses. When I rolled over, I had to go back and recalculate.
February 23, 2026
9:24 PM
Hi there, I'm having the same issue! As you can see I've tried the process you suggested and it's the "M1 Rent Schedule" isn't even selected/an option in the tools/delete forms section but it still w...
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Hi there, I'm having the same issue! As you can see I've tried the process you suggested and it's the "M1 Rent Schedule" isn't even selected/an option in the tools/delete forms section but it still won't let me e-file my taxes .