All Posts
My daughter, a non dependent (turned 24 in 2025) received a 1098-T (for $10K) and a 1099-Q (for part of the year's distribution--$3K). I, the parent and 529 custodian also received a 1099 Q for the b...
See more...
My daughter, a non dependent (turned 24 in 2025) received a 1098-T (for $10K) and a 1099-Q (for part of the year's distribution--$3K). I, the parent and 529 custodian also received a 1099 Q for the balance on the 1098-T of $7K. TT says I don't need to enter the 1099 Q I received. Is that correct? Does it need to be entered on MY personal taxes? And, if so do I enter PART of the 1098T on my daughter's taxes and PART of the 1098T on my taxes?
March 4, 2026
12:22 PM
Clear cache and cookies on your web browser. Or change your web browser to one of these that you are not currently using, Google Chrome, Mozilla Firefox, Microsoft Edge
March 4, 2026
12:21 PM
Work sheet shows appropriate data entered for both my wife and myself but 8606 generated only for my IRA. How do I get 8606s for both of us?
March 4, 2026
12:21 PM
To enter, edit or delete estimated taxes paid (Federal, State, Local) -
Click on Federal Taxes (Personal using Home and Business) Click on Deductions and Credits Click on I'll choose what I work ...
See more...
To enter, edit or delete estimated taxes paid (Federal, State, Local) -
Click on Federal Taxes (Personal using Home and Business) Click on Deductions and Credits Click on I'll choose what I work on (if shown) Scroll down to Estimates and Other Taxes Paid On Estimated Tax Payments, click on the start or update button
On Federal estimated taxes for 2025 (Form 1040-ES), click the start button
Federal estimated taxes paid are entered on Form 1040 Line 26
March 4, 2026
12:20 PM
I saw this on a different thread. “If you itemized your deductions, the excess property taxes would be the taxes not allowable for itemized deductions because of limits applied on the deduction...
See more...
I saw this on a different thread. “If you itemized your deductions, the excess property taxes would be the taxes not allowable for itemized deductions because of limits applied on the deduction of state taxes. On Form 8829, your property taxes are entered on line 17 only if you take the standard deduction. If you itemize your deductions, the property taxes will show on line 11 for the amount allowable for itemized deductions and the excess on line 17. Either way, all of your property taxes are listed on Form 8829 to be allocated to your home office based on the size of the office to the size of the whole house.”
March 4, 2026
12:20 PM
My check was a bad check. I deposited it into my account, and the bank called to tell me it wouldn't go through and was sent back to them. I called TurboTax, and they're giving me the run around, but...
See more...
My check was a bad check. I deposited it into my account, and the bank called to tell me it wouldn't go through and was sent back to them. I called TurboTax, and they're giving me the run around, but they did confirm that the check number wasn't the same as what they have. However, when I tried talking to Cross River Bank, they told me I have the wrong department and transferred me back to TurboTax.
March 4, 2026
12:20 PM
The best way to fix this signature mismatch is to go back to your Personal Information section of TurboTax and re-enter your name. It should be entered exactly how it appears on your Social Security ...
See more...
The best way to fix this signature mismatch is to go back to your Personal Information section of TurboTax and re-enter your name. It should be entered exactly how it appears on your Social Security card to avoid any more future delays. Make sure there are no extra spaces, or special characters. You can also try logging out of your program and clear your cache and cookies. Please click here for instructions on how to clear your cache. Please click here for instructions on clearing your cookies. This process clears up a lot of issues.
March 4, 2026
12:20 PM
When I hit "Start", there is only a spinning wheel that doesn't take to the next screen.
Topics:
March 4, 2026
12:19 PM
1 Cheer
And the Deductions & Credits section does not need to know about a QCD because it is not a deduction. It is not part of your taxable income in the first place.
March 4, 2026
12:18 PM
Topics:
March 4, 2026
12:18 PM
Topics:
March 4, 2026
12:17 PM
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 state use this T...
See more...
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 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_...
March 4, 2026
12:17 PM
I did receive a social security lump sum payment in 2025 for 2024. I followed all the directions you gave for entering the information in Turbo Tax. However, Turbo Tax will not accept the number I ...
See more...
I did receive a social security lump sum payment in 2025 for 2024. I followed all the directions you gave for entering the information in Turbo Tax. However, Turbo Tax will not accept the number I entered for taxable social security in 2024, line 6B on 1040 form. Turbo Tax says something about the number can't be more than 85% of something... Back in 2024, Turbo Tax calculated that very number. Please help me understand.
March 4, 2026
12:16 PM
Could you please clarify what form you are referring to?
March 4, 2026
12:15 PM
So I am generating form 8606?. Also, some of the other IRAs I have are in the form of annuties. So when the software asks for a value on 12/31/25, Is an approximate valve then good enough? My broker...
See more...
So I am generating form 8606?. Also, some of the other IRAs I have are in the form of annuties. So when the software asks for a value on 12/31/25, Is an approximate valve then good enough? My broker is not required to send out any 5498 forms until May 2025 and they are not ready yet. I found values for the annuities, and the traditional IRA for 12/31/25. Of course when they are ready, the value they give maybe different than what I report as year end values now. Does this matter? Any AFTER tax contributions that I made to traditional IRAs through the years is a very, very small amount. Since I wrote this reply I made an error putting in the value in the software. How do I change this value? The screen will not come up again for me to correct the total value on 12/31/25.
March 4, 2026
12:14 PM
1 Cheer
Yes, you will receive a couple of 1099-Rs in 2027 for 2026. One will be for your 2025 Return of Excess Contribution made in 2025. Only the earning will be taxable. You will also receive one that will...
See more...
Yes, you will receive a couple of 1099-Rs in 2027 for 2026. One will be for your 2025 Return of Excess Contribution made in 2025. Only the earning will be taxable. You will also receive one that will be reporting your return of contributions from 2022-2024. Since those are returning your original contributions, they are not taxable, but it will be reportable.
March 4, 2026
12:13 PM
ny deduction for goverment pensions
Topics:
March 4, 2026
12:13 PM
Go to this IRS website to retrieve your Identity Protection PIN - https://www.irs.gov/identity-theft-fraud-scams/retrieve-your-ip-pin
March 4, 2026
12:13 PM
Hi, TT is installed on one User Account already and I need to know how to install it on a separate User Account on the same computer. I'm using another of the 5 Fed returns available. Thank you.