All Posts

@CatinaT1, Thanks for your reply and the link to minimum system requirements. My question was specifically a request for TurboTax Desktop software to be supported for Apple Silicon (i.e. Apple processors).   As it stands right now, I had to install the Rosetta app on the Mac to be able to run TT Desktop. I do have the latest Mac and it meets the minimum system requirements. I believe that in later versions of MAC-OS, Apple is stopping support for the Rosetta App. This means that the TT 2025 that I have, will not work anymore, with say MAC-OS 2027, unless it is ported to work on Apple processors.   The Rosetta app is an emulator, that allows software written for Intel processors to run on Apple processors. For many of us MAC users, the TT Desktop currently works on Apple processors, only because the Rosetta app is magically translating it under the hood. It would be great if Intuit would port the TT Desktop for MAC to directly run on Apple processors instead of needing an Emulator.  

You cannot change or add anything on the return that you just e-filed, nor can you stop it.  It is too late, just like when you put an envelope in a US mailbox on the corner.  The IRS does not allow you to take it back.   If you left out a W-2, a 1099G, or a dependent, or a 1099 etc…DO NOT change your return while it is “pending.”  The changes will go nowhere.   Now you have to wait until the IRS either rejects or accepts your return.  If your return is rejected, you will be able to go into your account and make the necessary changes to your tax return and re-submit your return.     If the IRS accepts your return, however, then you have to wait longer until it has been fully processed and you have received your refund.  THEN you can prepare an amended tax return and e-file or mail  it in. You have to be able to work from that return exactly the way it was when it was e-filed originally.  You will need to use a form called a 1040X.     Meanwhile, DO NOT go in and start changing anything on your return in the system, or you will make a mess for yourself.  Sit tight and wait until you see what the IRS does with the return you just e-filed   The Form 1040X you need becomes available in late February,  But wait until your return has been processed.

No.   You should enter your 1099-R just as it was issued. The IRS has a copy of the form.   You can indicate the partial rollover in the interview which follows the entry of your form 1099-R.   In TurboTax Online, follow these steps: Open your tax return Click on Federal in the left-hand column, then on Wages & Income Navigate to the list of income categories Locate the section Retirement Plans and Social Security and click on the arrow on the right Click Start next to IRAs, 401(k), Pension Plan Withdrawals (1099-R). Enter your form 1099-R and follow the interview When you arrive to the page Tell us if you moved the money through a rollover or conversion, click on the radio button I rolled over some or all of it to an IRA or other retirement account within the time limits (normally 60 days)

I think I found a bug in the Apple desktop version. I have made some non-deductible IRA contributions in the past so far 8606 is used to determine the taxable amount of my IRA distributions. This year 8606 correctly determines the taxable amount, but the amount that is determined is not transferred to the 1040. Instead, it transfers, the amount before any adjustment is made for the non-deductible IRA.   I called TurboTax, but they couldn’t seem to understand what I was trying to explain to them , but they didn’t understand   BEWARE

That depends----did you already e-file?  If you have not e-filed you can go back to MY INFO and click your name and change your filing status to married filing jointly.  (or....to ???)    If  you already e-filed, you have to wait for the return to be rejected---and fix it then re-file.    Or....if it was accepted, you have to wait for the return to be fully processed in order to amend and change your filing status .

The idea that more people will get larger refunds is probably true on average, if you include the increase in the child tax credit for children 16 and under, new deductions for overtime and tips, extra deductions for seniors, and other changes.   But each family is different and unique.  (I unfortunately owe more, because I don't have kids, and I sold some investments.)

Well said!  I'm trying to access my Merrill accounts to download all the data. TT keeps asking for a 24 digit ID # from "the bottom of page 1". I called Merrill and they have never heard of this ID #! TT ai 'help' bot says I can always enter data manually...Really? Why would I buy TT and then enter manually? Anybody know a work around?

Perfect.  It worked.  However I did "ADD" a state and started doing my state taxes.  I couldn't print the government or TurboTax worksheets until I deleted the state tax form I started.  It wanted payment for the State form that I had started before printing was allowed. I tried again, only clicking on "add a state" and not starting state taxes. Went to Print Center when it appeared.  It immediately went to print forms and from there I had the government and TurboTax worksheets.   Much appreciated.

Both Federal and State returns have been accepted, and can still access both on TT. So we will be able to access those to transfer when 2026 returns can begin, which was my only question.   Thanks for your time. 

As explained by @xmasbaby0 and @Bsch4477, the loss of the $2,000 child tax credit you may have qualified for in 2024 may explain your lower refund in 2025. The mention of potential higher refunds this year can be attributed to an increase in the child tax credit of $200 and also a deduction for qualifying overtime pay and tip income. If you don't have that type of income that may explain why your refund has not increased.

Do you mean "tax" information?     TurboTax does not have your W-2.   W-2’s come from employers.   If your employer is partnered with TurboTax to allow the W-2 data to be imported into the software you can do that---but you need the actual W-2 so that you can enter the EIN and the amount from box 1 to import the other data from the W-2---which just saves you the little bit of keying in of the other information.   W-2's come from your employer, and they have until January 31 to issue it.  Some employers allow you to import the W-2 through the software, but for security reasons you still need information from the actual W-2 to import it. Some employers have payroll sites that will have your W-2. You might need to phone, text, drop in, email and/or snail mail an old employer to make sure they know where to send your W-2.     Every 2025 W-2 that you received must be reported on your 2025 tax return, even if they are for small amounts.  Remember that each one of those W-2’s has your Social Security number on it, and that income was reported to the IRS by the employer.  You do not want trouble with the IRS for under-reporting your income or have your refund delayed by having missing income.   ALL of your W-2’s must be entered on the SAME tax return.     Go to Federal>Wages & Income to enter a W-2. After you enter the first one, you click Add Another W-2.     https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-forms/get-copy-w-2/L8FTim9MO_US_en_US?uid=m68ee4os   https://ttlc.intuit.com/turbotax-support/en-us/help-article/import-export-data-files/import-enter-w-2/L55HzdeDr_US_en_US?uid=m68efe36   And….SAVE YOUR OWN W-2!  TURBOTAX DOES NOT SAVE IT FOR YOU.  TurboTax will not have a copy of it in your account and will not have an image even if you snapped a photo or imported it.  It is up to you to save it for your own records as stated on the back of the W-2.   

I've used TT for 22 years and never had a problem getting forms dl'd from Merrill until now. I'm trying to access my Merrill accounts to download all the data. TT keeps asking for a 24 digit ID # from "the bottom of page 1". I called Merrill and they have never heard of this ID #! TT ai bot says I can always enter data manually...Really? Why would I buy TT and then enter Manually? Anybody know a work arounds?

Likely, you are not eligible.  Qualified overtime deduction is for overtime pay that is required by the 1939 Fairs Labor Standards Act.  Your employer should be able to tell you if your overtime pay is overtime pay required by the FLSA.   Certain employees are exempt from the rules on overtime.    Generally, the FLSA requires that most employees in the United States be paid at least the federal minimum wage for all hours worked and overtime pay at not less than time and one-half their regular rate of pay for all hours worked over 40 in a workweek. However, the law provides for certain exemptions. Click on the hyperlink What's an exempt employee for direction.  Exemptions from the minimum wage or overtime standards of the FSLA may also be found here.   For tax years 2025 through 2028, individuals who receive qualified overtime compensation may deduct the pay that exceeds their regular rate of pay (generally, the “half” portion of “time-and-a-half” compensation) that is required by the Fair Labor Standards Act and reported on a Form W-2, Form 1099, or other specified statement furnished to the individual.    Maximum annual deduction is $12,500 ($25,000 for joint filers). Deduction phases out for taxpayers with modified adjusted gross income over $150,000 ($300,000 for joint filers). The deduction is available for both itemizing and non-itemizing taxpayers.    @Jodyjay42