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This is not a TurboTax issue. The IRS has issued a correction to the 2025 Instructions.    We have corrected the calculation for joint occupants of a home who are claiming the energy efficient home improvement credit in Part II of the 2025 Form 5669. Please refer to the instructions below with respect to the joint occupancy section on page 3 of the 2025 Instructions for Form 5695. If you downloaded or printed the 2025 Instructions for Form 5695 prior to Jan. 26, 2026, please note the correction. Although, the IRS is saying March 6, if this is the date that they will have the forms corrected, TurboTax software will take a little bit to then make the changes.  You can attempt to refile on the 6th or wait for several days after that.  At this point I do not see anything stating a date as it does depend on the IRS actually getting their instructions and forms fixed before anything else can be done. 

It depends. It’s usually because a box was accidentally checked, indicating you stopped using the vehicle for business in 2025. Here is how to check for that.   Go to Wages & Income > Self-Employment Income and Expenses. Select Edit next to your business name. Scroll down to the Vehicle section and select Edit next to your car. Look for a screen titled "Tell us about your [Vehicle Name]" or "Vehicle Summary." Look for a checkbox that says "I stopped using this vehicle for business in 2025." If it is checked, uncheck it. If the date field below it has a date (like 12/31/2025), delete the date entirely before unchecking the box.        

sknaf - Thanks for the info. I gather that you use a downloadable desktop version of TurboTax, whereas I am using a browser based online version, and that's where you got that update detail. Interesting that it was updated for you almost 24 hours before Intuit's Mountain View, CA, people finally got it working. They must not have gotten the message that it was supposed to work the day before. But it is good to know that those guys out in Silicon Valley do really, genuinely care about us little people out in the heartland - eventually. Regards, 😉 Mike O'Brien 

It depends. TurboTax uses its “Best Tax Result” logic to review your Qualified Business Income (QBI) and Energy Credits. That’s why the software may be setting aside your higher itemized deductions—it’s looking for the option that saves you more.   The QBI deduction (Section 199A) for rental activity is typically 20% of your qualified business income. But there’s an important limit: your QBI deduction can’t be more than 20% of your total taxable income (before the QBI deduction).   If you itemize ($32,000): Your taxable income goes down. If it drops too much, your QBI deduction also gets smaller. If you take the standard deduction ($31,500): Your taxable income is a little higher, which may let you claim a bigger QBI deduction. TurboTax checks both options. If the extra QBI deduction from taking the standard deduction is worth more than the $500 difference in your itemized deductions, the software will pick the standard deduction since it leads to a lower tax bill.

no one here can provide status on your refund.  paying with refund costs an extra $40 fee and sends your refund through a third party bank for processing so it may be in process there, you can try checking on SBTPG website   https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-refund/provides-pay-refund/L5AS1LUIV_US_en_US

The update was supposed to happen last night.  Did you update your program?  You can do this by selecting Online>>Check for Updates or closing the program (be sure to save your file) and then reopen it. 

Since your bond was called partway through the year, the amortization of the acquisition premium (the amount you paid above the bond’s original price) ended up much higher than the accrued OID interest for that short time.   TurboTax doesn’t allow “negative interest” on a single form, which is why it asks you to cap Box 6 and move the “loss” to Schedule A. But because you’re using the Standard Deduction, moving it there won’t help—it won’t resolve the error or let you claim the loss.   IRS Publication 1212 says you only need to report the total amount of tax-exempt OID (box 11 minus box 6, but not less than zero).   Open the 1099-OID Entry: Go to the 1099-OID interview section (or switch to Forms Mode and find the 1099-OID Worksheet). Zero Out Box 6: Remove the $479.18 from Box 6. Zero Out Box 11: Remove the $24.51 from Box 11. Since your acquisition premium ($479.18) is higher than your OID income ($24.51), your taxable OID for the year is $0.   The remaining $454.67 is a loss in basis. Because the bond was called, this counts as a sale or redemption. This premium should be included in your cost basis on your 1099-B (Form 8949), not as an interest adjustment.

Hi Roger, Thank you for the information. I did follow your steps and I was able to make it to the Transmit Your Returns screen. However, when I click on the Transmit Returns Now button, it returns to the We Need to Make One More Check screen. I click on the Continue button and the Check This Entry screen appears with this information: "Information Worksheet: Spouse Yonkers Income Checkbox: should be selected since you have Yonker's income and have indicated you are a resident of Yonkers" This is strange since in the Residency Status section for my Spouse, I have checked the box "Nonresident" for New York City and Yonkers.   Please help since I am unable to transmit my returns. Thank you. Frank