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Yes, your understanding is correct as long as she did not remarry.  If that is the case (she sold within 2 years and had not remarried) you can enter the stepped-up value as the "Adjusted Cost Basis" of the home and continue to see if the program then gives her the full 500,000.   On the "Home purchase info" screen select "Yes, I will enter the amount" Do not use "No, I would like some help top calculate it"          

Form 4562 is only ready for Schedule C and F. The Schedule E area is currently being updated.    The software should be updated after 02/13/26, but our tech team is working hard to have those updates before that date.

A full or corrupted cache can cause problems in TurboTax, so sometimes you need to clear your cache (to get to the screen to pop up). This article provides the steps on how to clear you cache depending on your browser.   Also, keep in mind  that entering your HSA contributions in TurboTax requires a two-step process. First, the HSA information is entered in the Wages & Income section using the W-2, Box 12, Code W. Second, you must also input the information in the Deductions & Credits section under HSA, MSA Contributions.    

The OBBA has introduced a new deduction for overtime pay from tax year 2025. You may deduct up to $12,500 of qualified overtime premium on your Federal tax return (up to $25,000 for MFJ). The deduction is gradually phased out if your MAGI exceeds $150,000 ($300,000 for MFJ). The deduction is for the overtime premium, which is the portion over your regular pay.   For tax year 2025, your employer may list non-taxable overtime in box 14 of form W-2 with a specific label like "FLSA OT Prem". You might also receive a separate year-end statement giving you the amount. Otherwise, you have to calculate the overtime premium to enter on your tax return.   In TurboTax Online, this is how you enter the qualified overtime premium:   After entering your form W-2, you'll see a screen titled Let's Check for Other Situations Put a checkmark on Overtime and click Continue Follow the TurboTax questionnaire to enter your qualified overtime premium This deduction will transfer to Schedule 1-A of your form 1040, with that amount flowing to line 13b of your form 1040.

You should receive an email from ARAG with the next steps.    Be sure to check your spam folder if you did not receive it in your inbox.    You may also reach out to ARAG directly at their Contact Us page for assistance.   Or see this TurboTax Help.    @kimpatin 

Same issue on the 2025 desktop Premier version.  Can't enter expenses I paid with the 529 plan and thus it is assuming it is taxed and applying the 10% penalty. Can't continue my tax preparation until this is fixed.

If you have Not filed the 2025 tax return - To pay the TurboTax online account fees by credit card, without completing the 2025 return at this time, click on Tax Tools on the left side of the online program screen. Then click on Print Center. Then click on Print, save or preview this year's return. On the next page, to pay by credit card, click Pay Now. Complete the credit card section and click on Confirm payment.   If you have filed the 2025 tax return - To access your current or prior year online tax returns sign onto the TurboTax website with the User ID you used to create the account - https://myturbotax.intuit.com/   When you sign onto your online account and land on the Tax Home web page, scroll down and click on Add a state.  This will take you back to the 2025 online tax return. Click on Tax Tools on the left side of the online program screen.  Then click on Print Center.  Then click on Print, save or preview this year's return.  Choose the option Include government and TurboTax worksheets   If you used the desktop CD/Download editions installed on your computer, the only copy of your tax data file and any PDF's will be on the computer where the return was created.  TurboTax does not store online any returns completed using the desktop editions.

Property tax input can be posted in two areas if the Online version. Property Tax is often reported with the Mortgage Interest on Form 1098. You should post the 1098 property tax in this section It's presented in a summary under a separate tab labeled Property (Real Estate) Taxes. If you wish to edit the 1098 property tax, go back to the Mortgage Interest and Refinancing (Form 1098) and make the changes. If you had additional Property tax (perhaps from a second home) it will be entered under Property (Real Estate) Taxes To post Property Taxes  Log into TurboTax Under Federal >  Deductions & Credits In dropdown select one of the two:  Mortgage Interest and Refinancing (Form 1098) Property (Real Estate) Taxes [Start] or [Edit] You can edit the amounts here.

Yes.  You can include certain insurance premiums for medical, dental and vision on your Ohio State Taxes.   No.  If the premiums are reimbursed, you cannot include them as expenses.    To be deductible the following must apply They must be paid with after -tax dollars If your employer takes the premiums out before taxes, you cannot deduct these For the premiums to be fully deductible, you cannot be enrolled or eligible for enrollment in an employer paid health plan or Medicare.  Ex.  You are self-employed and you purchased insurance through the Marketplace and are paying your own premiums.  You cannot include an amount that you receive the Premium Tax Credit for. If self-employed, these premiums must be reduced by any Self-Employed Health Insurance deduction you take on your federal return. If you are covered by Medicare or a plan at work and the employer does not take the premiums out pre-tax (meaning, there is not a deduction in box 1 of your W-2 for the premiums)  you can deduct these premiums but they are combined with the rest of your medical expenses and are only deductible for the amount that is over 7.5% of your AGI.   Ex.  Your AGI is $50,000, only the amount of your total medical expenses that are over $3,750 are deductible.  You must reduce your premiums by any refunds or dividends you received, not just direct employer reimbursements.          

Never got my state yet filed Jan 29th and apparently some people are getting the state fast mine still shows as posted a picture I did speak to a lady last night she said they are aware of the glitch and working on it if your irs and pdf of taxes shows the amount you’re approved for then you are okay however she said if you don’t get that full amount call back so we can work it out… So I have to call TurboTax so solve this issue if I don’t get all of the money I am OWED!? This has never happened before I even had to pay almost 300 to file my taxes granted I did do the 5 days thing in which I think that was a mistake because it seems like this is only happening to the people that purchased that I blame who we have in office I don’t even qualify for the child tax credit to earned income tax credit and I apparently made less this year than I did last year with my raise same hours though make that make sense. All I know is that TurboTax better get their s**t  together because this is ridiculous and never happened before

In TurboTax Online, select Review down the left side of the screen.  What error message are you receiving?  Please clarify.   Have you reported $0 under the monthly coverage?  Leave boxes blank rather than report $0 under monthly coverage.

Only the IRS and your State control when and if a Federal or State tax refund is Approved and Issued.   Once a tax return has been Accepted by the IRS or a State, TurboTax receives no further information concerning the tax return or the status of any tax refund.    If accepted by the IRS use the federal tax refund website to check the refund status - https://www.irs.gov/refunds If accepted by the state use this TurboTax support FAQ to check the state tax refund status - https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-refund/track-state-refund/L3jgO8PGs_...