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Ok. Your Deluxe does not reproduce the problem then I will retry in Feb 27th patch. Thank you
I was talking with a preparer and it was showing she was preparing my taxes, and she just up and disappeared
Hi There,   Is this answer still true for the 2025 tax year?   Thanks in advance 🙂
HELP PLEASE
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 ... See more...
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.
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... See more...
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.    
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... See more...
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. 
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... See more...
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    
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 ... See more...
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?
Calee buckreis needs to be removed   
The 2024 data file may be password-protected or encrypted.   Was the 2024 data file prepared in TurboTax for Windows or on a Mac?
I resolved the issue by rerunning all the steps from beginning to end. The error was successfully eliminated.
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... See more...
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.
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... See more...
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. 
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?
Taxes have been filed and accepted. The state version of the form printed perfectly.
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... See more...
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. 
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... See more...
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   .