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You had helped me with this last year and have folow up question.  As fiduciary I prepared final 1041 in 2020 for my mother after she passed. Five years later received unclaimed property from NJ and 1099 for $5000 interest income for those unclaimed years. The 1099 was sent to social security number of mother not ein of estate and NJ will not correct it. I know I can do the amended 1041 for 2025 reporting interest to ein of estate with explanation letter. The cash expenses were 3500 for legal probate fees and taxable income would be 1500 with 1041 tax due at $150. However would not want to prepare k1 if possible to me. The 1500 was kept by me as fiduciary and tax preparer. I spent something like 20 hours dealing with attorney on probate, NJ state in filing for unclaimed property and getting documents prepared, etc.    Can I just show the 1041 as 1500 net income with 150 tax due and leave it at that (preferred) or do I have to deal with potential k1 preparation and then consider deducting my time which could be 2000 and then a 500 1041 loss and more k1 issues to deal with? Just want to make this simple if possible and not have to deal with the k1 situation.  Help Please

The sale of the website will be entered as a capital sale of an investment.     As you go through TurboTax to enter the details of the sale, you will select the investment type 'other'.  Then, when entering the details of what was sold, select 'other' from the drop-down menu.  The other fields should be self-explanatory.   Use the steps in the following TurboTax help article as guidance to get started:   Where do I enter a capital gain or loss?   @RW-DH   

I think we deserve a timeline of when the new rules were released and when TurboTax updated their software, which appears to be coming this Thursday, the 19th.  I read that the new rules were part of the One Big Beautiful Bill and I found this article on some clarifications on 1/14. https://www.irs.gov/newsroom/treasury-irs-issue-guidance-on-the-additional-first-year-depreciation-deduction-amended-as-part-of-the-one-big-beautiful-bill. I am assuming that the tax law changes required a fair amount of recoding within the software, but I would hope that TurboTax would release some sort of statement detailing why it's taken this long, when apparently others have made their changes already.  With all the resources TurboTax has at their disposal (and all the customers depending on their software) you'd think the update would have been completed more quickly than it has.

TurboTax isn't blocking your return randomly. This usually happens because the IRS e-filing system doesn't let certain returns with negative numbers file. In your case, it seems that your Modified Adjusted Gross Income is a negative. As a result, your return must be paper-filed.

Some customers will need to allow the Intuit site permission to access your local network.    If you have already denied permission, you will need to reset it.      In Chrome, you can do this by clicking on the View Site Information icon to the left of the address bar.  Turn on Local Network Access.    See Doug4 answer for details. If you have access to the 1099-B form, in TurboTax Online Premium, you may enter the IRS form 1099-B by following these steps:         Down the left side of the screen, click Federal. Down the left side of the screen, click Wages & Income. Scroll down to Investments and Savings and click the down arrow to the right. Click Start / Revisit to the right of Stocks, Cryptocurrency, Mutual Funds, Bonds, Other. Click Add investments. At the screen Save time and connect your financial accounts, click Enter a different way. At the screen How do you want to add your docs?, click Type it in myself. At the screen OK, let’s start with one investment type, select Stocks, Bonds, Mutual Funds.  Continue. At the screen Which bank or brokerage is on your 1099-B, enter the information. Click Continue. Do these sales include any employee stock, click No. Do you have more than three sales on your 1099-B, click No. Do these sales include any other types of investments, click No. Did you buy every investment listed on your 1099-B, click Yes.  Click Continue. At the screen Now, choose how to enter your sales, select One by one.  Click Continue. At the screen Look for your sales on your 1099-B, click Continue. At the screen Now enter one sales total on this 1099-B, enter information. Click Continue. Repeat as necessary by clicking Add another sale.  Click Continue. At the screen Now, choose how to enter your sales, you may also select Sales section totals and import a .jpg of the IRS form 1099-B.  

To complete your import, you must have the actual W-2 in hand to retrieve the Control Number printed on the form. TurboTax does not automatically store your W-2; the emails you received are simply notifications that your employer has made the data available for secure transfer once you authorize it with that control number. For security reasons, you cannot pull this information into your return without the physical or digital document. Once you receive the replacement from your employer, you will enter that code in the "Wages & Income" section to finalize the import.

You had helped me with this last year and have folow up question.  As fiduciary I prepared final 1041 in 2020 for my mother after she passed. Five years later received unclaimed property from NJ and 1099 for $5000 interest income for those unclaimed years. The 1099 was sent to social security number of mother not ein of estate and NJ will not correct it. I know I can do the amended 1041 for 2025 reporting interest to ein of estate with explanation letter. The cash expenses were 3500 for legal probate fees and taxable income would be 1500 with 1041 tax due at $150. However would not want to prepare k1 if possible to me. The 1500 was kept by me as fiduciary and tax preparer. I spent something like 20 hours dealing with attorney on probate, NJ state in filing for unclaimed property and getting documents prepared, etc.    Can I just show the 1041 as 1500 net income with 150 tax due and leave it at that (preferred) or do I have to deal with potential k1 preparation and then consider deducting my time which could be 2000 and then a 500 1041 loss and more k1 issues to deal with? Just want to make this simple if possible and not have to deal with the k1 situation.  Help Please

@mhusenits Sorry you are having such a hard time understanding.   If you choose to pay using a credit card, you are only paying the $25 state e-file fee.  You are not paying the $40 refund processing fee.