turbotax icon
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

All Posts

You cannot claim more than the $3,000 loss that TurboTax is allowing unless there are capital gains to offset.  The $3,000 limit on deducting net capital losses against ordinary income (salary, inter... See more...
You cannot claim more than the $3,000 loss that TurboTax is allowing unless there are capital gains to offset.  The $3,000 limit on deducting net capital losses against ordinary income (salary, interest, etc.) still applies in the year of death.  The unused capital loss can't be claimed and is lost.    
I have state tax software for 3 different states because I live in one state, and I'm doing taxes for my mom that needs to file in two states, not including the state in which I live.   When doing ... See more...
I have state tax software for 3 different states because I live in one state, and I'm doing taxes for my mom that needs to file in two states, not including the state in which I live.   When doing my mom's taxes, Turbo Tax is creating forms for the state in which I live, which is irrelevant for her taxes - how do I delete that state from her files?   Thanks
I still have a Passive Business Credit to Carryforward from 2024 Form 3800.  How do I enter it for 2025?
A Form 1040-SR is used if you are age 65 or older.  The Form 1040-SR and the Form 1040 are EXACTLY the same form.  The SR only has a larger type and it is three pages long versus the 1040 being two p... See more...
A Form 1040-SR is used if you are age 65 or older.  The Form 1040-SR and the Form 1040 are EXACTLY the same form.  The SR only has a larger type and it is three pages long versus the 1040 being two pages long.
While TurboTax can do the calculations if you enter them manually in TurboTax Desktop, it does not generate the election statement for 497(f).    In general, if you wanted to add a pdf file to yo... See more...
While TurboTax can do the calculations if you enter them manually in TurboTax Desktop, it does not generate the election statement for 497(f).    In general, if you wanted to add a pdf file to your TurboTax return, you would have to print and mail your tax return. How do I file my return by mail?   You can can follow this TurboTax article to determine how to properly report your trader activity: How do I report my trader activity with or without Section 475(f) election in TurboTax? Also see this article, which discusses how to make the 475(f) election: Do I qualify as a trader or an investor?  The election can't be e-filed.   Make sure your election includes: State that you're making an election under section 475(f)(1) or (f)(2) of the Internal Revenue Code Provide the first tax year for which the election is effective  Indicate the trade or business for which you're making the election   Once you make this election, you must use it for the tax year you selected and all subsequent tax years until you are  granted permission from the IRS to revoke it.   You will also have to file a Form 3115, Application for Change in Accounting Method. See Publication 550 for additional information.    
Yes.   You automatically get the 1040SR if you or your spouse is 65 or older. The 1040SR is EXACTLY the same as the regular 1040. The 1040SR just has bigger type so it goes on 3 pages instead of 2. ... See more...
Yes.   You automatically get the 1040SR if you or your spouse is 65 or older. The 1040SR is EXACTLY the same as the regular 1040. The 1040SR just has bigger type so it goes on 3 pages instead of 2. In the Online version it will show the regular 1040 on the screen but if you print it out or save the pdf it will be the 1040-SR. Before filing you can preview the 1040 or print the whole return https://ttlc.intuit.com/community/accessing/help/how-do-i-preview-my-turbotax-online-return-before-filing/00/26160
I can't create an account, so it seems I only have 1 option.
It depends on the type of income being reported.  What box on the Form 1099-G has an amount entered?
For a New York nonresident return, New York first completes a return using all income, then applies the percentage of actual New York income to the total tax due.   See Frequently Asked Questions abo... See more...
For a New York nonresident return, New York first completes a return using all income, then applies the percentage of actual New York income to the total tax due.   See Frequently Asked Questions about Filing Requirements, Residency, and Telecommuting for New York State Personal Income Tax.
The answer is No! In the case you described, it isn't your primary home. It's a rental property.   You don't meet the residence requirement. It must be your primary home for 2 years out of the mo... See more...
The answer is No! In the case you described, it isn't your primary home. It's a rental property.   You don't meet the residence requirement. It must be your primary home for 2 years out of the most recent 5 years leading up to the sale of the house. You hadn't lived in the house since 1994 See the IRS publication regarding Eligibility Step 2—Ownership.  [Edited 3/10/2026 | 5:50 PST] 
A rejected e-file signature usually means one of these mismatches. Fix by checking and correcting the exact item that applies:   AGI/pin mismatch: For 2025 e-file, your “signature” is either l... See more...
A rejected e-file signature usually means one of these mismatches. Fix by checking and correcting the exact item that applies:   AGI/pin mismatch: For 2025 e-file, your “signature” is either last year’s AGI or your self-select PIN from the prior year. Use: Prior-year AGI from your filed 2024 Form 1040, line 11 (exact dollar amount, no cents). Or the exact 5‑digit PIN you used to e-file last year. If you didn’t file in 2024, enter 0 for AGI. Filing status/name/SSN mismatch: Ensure your current return’s filing status, first/last names, and SSNs match the prior-year IRS record. If you changed filing status, name, or address, still use the prior-year AGI/PIN tied to your SSN. Identity Protection PIN (IP PIN): If the IRS issued you a 6‑digit IP PIN this year, you must enter that IP PIN (not the self‑select PIN). Get/retrieve at irs.gov/getanippin. Amended/late filing: If you’re filing an amended return or paper-filed last year and the IRS didn’t process it by year-end, try AGI = 0 and e-file again.
Hello Everyone,       I am in the process of preparing tax return for 2025. I installed TurboTax premier 2025 desktop edition software.     Filing status: Married file jointly    We have two rent... See more...
Hello Everyone,       I am in the process of preparing tax return for 2025. I installed TurboTax premier 2025 desktop edition software.     Filing status: Married file jointly    We have two rental properties: one Single family home, one townhouse    Our 2024 tax return was filed by the accountant. I only have PDF file (no .tax2024 file).      1. On form 8582 (2024) Part VII column (c) Unallowed loss listed for townhouse is $24,957.00         On form 8582 (2024) Part VII column (c) Unallowed loss listed for single family home is $3,505.00           1a. I would like to confirm $24,957 and $3,505 are the correct numbers to enter for passive losses from prior years. reference: https://tinyurl.com/mv7nrezv            1b.  I entered wrong passive losses for both rental properties. After doing online research seems like the best way to re-enter correct figures is to remove two rental properties, then created new rental property in order to see the "Pass Losses from Prior Years" prompt.  I tried to edit existing rental property, but I wasn't able to see "screen entitled Do any of these situations apply to this property" screen.  online reference    2. How to enter HOA fee for the rental property      The townhome has HOA fee, should I enter it on Schedule E under management fee category?        3. How to determine rental property has QBI income or not?          Form 8995 (2024 tax return) line 9 amount is $480.00        4. On Schedule E worksheet under Ownership percentage section. Should I enter 100% for both single family home and townhouse?
@calebt9201 The choice is yours.  Create an account and then give the bank information to the IRS.  Or just wait and they will mail a check.
For instructions and additional information on how to amend a prior year tax return in TurboTax, see the following Help Article:    How do I amend my federal tax return for a prior year?   Tu... See more...
For instructions and additional information on how to amend a prior year tax return in TurboTax, see the following Help Article:    How do I amend my federal tax return for a prior year?   TurboTax Online On the Tax Home screen, scroll down to Your tax returns & documents and select the year you want to amend. Select the Amend (change) return dropdown, then Amend using TurboTax Online. If you're told to amend your return via TurboTax Desktop, follow the steps for TurboTax Desktop instead. Continue through the screens, make the changes you need to make, and carefully answer the remaining questions to finish amending your return.   TurboTax Desktop Open the TurboTax Desktop software for the year you're amending. For example, you must amend your 2024 return in the 2024 version of TurboTax. Under Need to Amend a Filed Return?, select Amend a Filed Return. Select Amend for the return you need to amend. If the return you need doesn’t appear as an option, select Find a Tax File to find and load the return. On the Do you need to change anything else screen, select Update next to the info you need to change. Continue through the screens, make the changes you need to make, and carefully answer the remaining questions to finish amending your return. Don’t forget to select Save As (or Duplicate on Mac) from the File menu when you save a copy of your amended return. This will preserve the tax return you originally filed. Give the file a different name from the original, like [tax year]_amended_tax_return_Smith.
Did you complete a credit card or debit card screen to pay the TurboTax account fees?  If not, then you have not paid for TurboTax. You would also received an email receipt from TurboTax when you p... See more...
Did you complete a credit card or debit card screen to pay the TurboTax account fees?  If not, then you have not paid for TurboTax. You would also received an email receipt from TurboTax when you paid with the credit or debit card.
If you’re not receiving TurboTax’s verification code emails, try these fixes, in order:   1) Check email issues, search your inbox for “Intuit” and “security code.” Also, check Spam. Add do_not_r... See more...
If you’re not receiving TurboTax’s verification code emails, try these fixes, in order:   1) Check email issues, search your inbox for “Intuit” and “security code.” Also, check Spam. Add do_not_reply@intuit.com and notifications@intuit.com to contacts or your allowed list. If you use a custom domain, allow these IPs/domains with your provider: intuit.com, notification.intuit.com, elasticemail.com.   2) On the TurboTax sign-in screen, use “I forgot my User ID/Password” to see which email(s) are linked and make sure it is the right email. If you have multiple Intuit accounts, try the alternate email or mobile number on file.   3) Choose “Text me a code” or “Call me with a code” if your phone is listed. If offered, use an authenticator app code (from when you set up 2-step verification). If prompted, use backup codes you may have saved when enabling 2-step verification.   4) Click “Didn’t get a code? Resend” and wait 2–3 minutes between attempts. Don’t request multiple codes rapidly; only the latest code works. Keep the sign-in window open; switching devices/browsers can invalidate codes.   5) Use an incognito/private window, or a different browser. Disable ad/script blockers for intuit.com; clear cache/cookies. Ensure your system time/timezone is correct; out-of-sync clocks can fail verification.   6) Go to accounts.intuit.com -> Sign in & security -> 2-step verification and verify or update your contact options once you can get in. If still locked out of codes, use the account recovery flow at accounts.intuit.com -> “I forgot my user ID or password” -> “Confirm my account a different way,” and follow the prompts.
There are 2 types of dependencies. Your description is for a qualifying child. The $5,200 refers to a qualifying relative.