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

In this situation, if they paid out a distribution - which is confusing because it's a return of capital -- does the "reasonable wage" concept not apply? This distribution, return of capital would no... See more...
In this situation, if they paid out a distribution - which is confusing because it's a return of capital -- does the "reasonable wage" concept not apply? This distribution, return of capital would not trigger any "reasonable compensation" events? In theory, it doesn't seem it should, however, the tax code is not always to accounting theory. 
How to fix it child deduction part
It is my retirement pay which I just received earlier this week. Estimated taxes were made 4 times on 2025 to both Federal and the State of Michigan.
@ask4gems I do not know how make less confusing.  It is quite simple.  In the Wages & Income section you MUST scroll down to the bottom of the page until you get to Less Common Income.  Then on Misce... See more...
@ask4gems I do not know how make less confusing.  It is quite simple.  In the Wages & Income section you MUST scroll down to the bottom of the page until you get to Less Common Income.  Then on Miscellaneous Income, 1099-A  1099-C you click on the Start or Update button.  The following screen will have the Form 1099-LTC listed.    
This is a known issue INV-1467-3035-8978-5649-152. We are working to resolve your issue.  We’re actively working on making your tax filing experience easier.    
Is your 1099 ready for import? I have an account with E*Trade as do several family members and none of ours are even available yet.
Hi,   I purchased, sold, and withdrew all my crypto from a platform I use. The proceeds went to my personal checking. I also had a gain. I reported all transactions on 8949 form, which indicate the... See more...
Hi,   I purchased, sold, and withdrew all my crypto from a platform I use. The proceeds went to my personal checking. I also had a gain. I reported all transactions on 8949 form, which indicate the gain, proceeds, cost basis etc.   Do I also report the withdraw amount as other income? I invested more than I gained, so how is this reported correctly?   Thank You.
TurboTax desktop app incorrectly points to digital.fidelity.com when attempting to download financial information - e.g. 1099-DIV, 1099-INT, 1099-B, etc. - from Fidelity Investments; the app returns ... See more...
TurboTax desktop app incorrectly points to digital.fidelity.com when attempting to download financial information - e.g. 1099-DIV, 1099-INT, 1099-B, etc. - from Fidelity Investments; the app returns an error message that the user name and password are incorrect.  Apparently, Fidelity recently changed their web address from digital.fidelity.com to accounts.fidelity.com.  It appears an update to the app needs to be provided to correct this error.  Appreciate feedback as to when this will be accomplished.  Thank you.
My w2 has loaded correctly but the HSA question (2025 employer and payroll contributions) is gray and will not me input numbers
New York. Even when I put in no ID I couldn't move forward.
Sch E is undergoing updates. The software should be updated after 02/11/26, but our tech team is working hard to have those updates before that date.
Can you clarify the state you are trying to file?
My mother says she gets taxed on this each year as I am a dependent on her healthcare. I do not want to be taxed as I do not pay into it. What do I do?
I’m working in the 2025 version - that was in the first few posts but isnt in the title of the overall previous post. Only things listed are - state and local tax refunds received in 2025 - 1099-MI... See more...
I’m working in the 2025 version - that was in the first few posts but isnt in the title of the overall previous post. Only things listed are - state and local tax refunds received in 2025 - 1099-MISC income - 1099-NEC income - 1099-K income that’s it.  The 2025 version doesnt list it as a form and 1099-LTC doesnt return any search results. Sorry for the year confusion. 
Let’s get clear on the steps, status meanings, and timelines so you can feel confident that everything is progressing as normal, or if you need to do a little follow-up to discover if there’s a rea... See more...
Let’s get clear on the steps, status meanings, and timelines so you can feel confident that everything is progressing as normal, or if you need to do a little follow-up to discover if there’s a reason to take action. Your best bet to avoid any surprises later on is to proactively track the progress every step of the way. That tracking starts right in the TurboTax software and your email. TURBOTAX Pending - Your tax returns were sent to the IRS and state taxing authority (if needed). Now you’ll watch to see if they Reject them or Accept them. This, typically, takes 24-48 hours. Rejected -  Most rejects are for very common reasons such as typos in a Social Security Number.  You should receive an email from TurboTax (keep an eye on your TurboTax account too) that will tell you the reject code or reason. Then simply log in to your TurboTax account, go to your return and select Fix it now or Revisit the section that applies to the reject code. To help, common reject codes and the steps to fix them can be found here.  Accepted - The IRS has them now! This doesn't mean they’re “approved”, only that the IRS accepted them for processing. Once you see that Accepted, follow along and check the status of your federal return directly through TurboTax or watch it directly on the IRS or state taxing authority’s website. If all is good, you should expect your refund (typically) within 21 days of Acceptance. TIP: Often states process refunds quicker than the IRS, so don’t be surprised if this happens for you too. It’s a good thing! IRS & STATE WEBSITES Return Received - The 21-day clock starts to tick. This is the “average” time to process your refund.  Refund Approved - Your refund should hit your bank soon! As a matter of fact, the IRS Where’s My Refund page will show when to expect your refund.  Refund Sent - It’s officially on its way to you! If you don’t receive it when expected, it’s time to contact the IRS directly to verify the bank information the refund was sent to. TIP: State taxing authority websites may have different statuses and timelines. Have 21 days passed and the IRS or state taxing authority still hasn’t Approved your refund? This could happen for one of several reasons and it’s usually something simple. A few common reasons for a delay are: An IRS backlog is very common, especially as tax season nears its end. Your tax return was randomly pulled for human eyes to look at. Watch your mail, not your email, but your physical mailbox. If there’s something the IRS needs clarification on, they’ll send you a letter. Usually, they’re  just asking for proof of an expense or deduction. Perhaps there was missed income like an extra W-2 or 1099 form. In that case, you’ll soon receive a letter explaining the details and what action you need to take. If you filed early, your refund may be delayed by The PATH Act This is a delay due to certain tax credits that are claimed and for fraud prevention. On occasion, the IRS will randomly request proof of identity. It’s a simple process for most people and can often be done over the phone. Follow the instructions you receive via mail from the IRS. TIP: For your own safety and security, it’s best to verify any correspondence you receive from the IRS as legitimate before sharing any personal information or tax documents.