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You are entering this from a 1099-B I assume. Are you importing the information or entering it yourself.? I wonder if you are entering this in the wrong place. I see 9 options when I am entering so the fact that you only have 4 options makes me thing you are not in the right area. Can you tell me what type of form you have and where you are entering this?

These are the IRS rules for claiming a dependent. He may qualify as a Qualifying Child; however, if he isn't a Qualifying Child, he could be a Qualifying Relative.   DoninGA asked very good questions. These rules generally apply to all dependents: A dependent must be a U.S. citizen, resident alien or national or a resident of Canada or Mexico A person can't be claimed as a dependent on more than one tax return, with rare exceptions A dependent can't claim a dependent on their own tax return You can't claim your spouse as a dependent if you file jointly A dependent must be a qualifying child or qualifying relative Qualifying child To qualify as a dependent, a child must also pass these tests: Relationship:  Be your son, daughter, stepchild, eligible foster child, brother, sister, half-sister or -brother, stepbrother, stepsister, adopted child or the child of one of these Age:  Be under age 19 or under 24 if a full-time student, or any age if permanently and totally disabled Residency:  Live with you for more than half the year, with some exceptions Support:  Get more than half of their financial support from you Joint return:  Not file as married filing jointly unless only to claim a refund of taxes paid or withheld Qualifying relative A qualifying relative must meet the general rules for dependents and pass these tests: Not a qualifying child:  Isn't your qualifying child or the qualifying child of any other taxpayer Member of household or relationship:  Lives with you all year as a member of your household or is a specific type of relative Gross income:  Has a gross income under $5,050 Support:  Gets more than half their financial support from you Guidelines were taken from IRS publication Dependents

Yes, TurboTax offers the option to connect with a tax professional to go over your return, make corrections or file an amendment. Go through the links below and find the service you need with one of our tax experts: TurboTax Full Service TurboTax Expert Assist  

TurboTax pricing is based on the complexity of the tax situation and the specific IRS forms required to file an accurate return, rather than the size of the final refund.   Because you earned income as an Uber driver, you are classified by the IRS as a self-employed business owner. This requires the inclusion of Schedule C to report your business income and expenses, as well as Schedule SE to calculate self-employment taxes. These specialized forms are not supported by the 'Free Edition,' which is restricted to simple W-2 returns.

To clarify - The amount of the wash sale gets added into the cost basis of the position that closes that lot.  It's still a wash sale but you are made whole.  To verify, log into your broker and compare the buy/sell activity with what you see in the 1099.

TurboTax carries the information forward on the IRA Information Worksheet, so there should be no need to reenter basis information.   A permissible contribution made directly to a Roth IRA is not reportable on Form 8606.  TurboTax does add this to Roth IRA contribution basis maintained on it's IRA Information Worksheet.   Unless a new nondeductible traditional IRA contribution is made, a distribution is made from a traditional IRA when you have basis in nondeductible traditional IRA contributions, Part I of Form 8606 is not to be prepared or filed.  The only other reasons that Form 8606 would be filed is if you did a Roth conversion (Part II) or you received a nonqualified distribution from a Roth IRA (Part III).

I tried again today with the same results.  Another point - from Turbotax I hit the Continue button and it says that it will open a separate browser window.  When it 'successfully completes' it says that you can now continue using Turbotax.  When you return to TT, you still have the Continue or Skip Import buttons.  If you press continue, TT again says that it will open a separate window.  So after 'successful completion' of an import, there is no way to continue using TT unless you press 'Back' or 'Skip Import' (i.e. there is no way to proceed forward), which is a very poor design in my opinion.

Yes, you can claim both a prior-year carryover and your current-year expenses in the same year. In fact, if you have a carryover, you must use the "Actual Expenses" method. Here are some things to consider.   If you used the Simplified Method ($5 per square foot) last year, you won’t have a carryover. Carryovers only apply if you used Actual Expenses and your business profit wasn’t high enough to claim the full deduction.   To use your carryover this year, choose “I want to take actual expenses” when TurboTax asks which method you want. If you pick “Simplified,” the current-year expense fields and the carryover entry won’t appear.   The IRS does not allow a home office deduction to create a business loss. If your Schedule C (Line 29) shows a loss before the home office deduction, TurboTax may skip the expense entry screens because it already knows your current-year deduction will be $0.  Continue through the interview anyway. Even if you have a loss, you should still enter your current expenses so they can be added to your carryover for next year (2026).   If you are stuck where it only shows the carryover,do the following.   Delete the Form: Go to Tax Tools > Tools > Delete a form. Find Form 8829 (Expenses for Business Use of Your Home) and the Home Office Asset Worksheet. Delete both.  Restart the Interview: Go back to the Business Expenses section and select Home Office. The "Date" Question: Ensure you enter the date you first started using the office (e.g., in a prior year), not Jan 1, 2025.  The Carryover Screen: Near the end of the home office section, look for a screen titled "Any Prior Year Expenses?" or "Carryovers." Enter your carryover amount here after you have entered your 2025 utilities, rent/interest, and insurance. 4. Verification in Forms Mode (Desktop Only) If you are using the CD/Download version, you can see exactly where the numbers are:   Open Form 8829.  Line 25: This is where your prior-year carryover should appear. Line 41: This is the carryover to 2026 (which should be the sum of your unused 2024 carryover + your unused 2025 expenses).

The state tax return will be included in the PDF download.  It is located directly below the federal tax return forms, schedules and worksheets.   To access your current or prior year online tax returns sign onto the TurboTax website with the User ID you used to create the account - https://myturbotax.intuit.com/ Scroll down to the bottom of the screen and on the section Your tax returns & documents.  Click on the Year and Click on Download/print return (PDF)   If you used the desktop CD/Download editions installed on your computer, the only copy of your tax data file and any PDF's will be on the computer where the return was created.  TurboTax does not store online any returns completed using the desktop editions.

These are the IRS rules for claiming a dependent. He may qualify as a Qualifying Child; however, if he isn't a Qualifying Child, he could be a Qualifying Relative.   DoninGA asked very good questions. These rules generally apply to all dependents: A dependent must be a U.S. citizen, resident alien or national or a resident of Canada or Mexico A person can't be claimed as a dependent on more than one tax return, with rare exceptions A dependent can't claim a dependent on their own tax return You can't claim your spouse as a dependent if you file jointly A dependent must be a qualifying child or qualifying relative Qualifying child To qualify as a dependent, a child must also pass these tests: Relationship:  Be your son, daughter, stepchild, eligible foster child, brother, sister, half-sister or -brother, stepbrother, stepsister, adopted child or the child of one of these Age:  Be under age 19 or under 24 if a full-time student, or any age if permanently and totally disabled Residency:  Live with you for more than half the year, with some exceptions Support:  Get more than half of their financial support from you Joint return:  Not file as married filing jointly unless only to claim a refund of taxes paid or withheld See the full rules for a qualifying child Qualifying relative A qualifying relative must meet the general rules for dependents and pass these tests: Not a qualifying child:  Isn't your qualifying child or the qualifying child of any other taxpayer Member of household or relationship:  Lives with you all year as a member of your household or is a specific type of relative Gross income:  Has a gross income under $5,050 Support:  Gets more than half their financial support from you See the full rules for a qualifying relative Guidelines were taken from IRS publication Dependents

"So it seems that I cannot use the existing unused basis from 2019 for 2025, and instead I need to do the calculations as if I correctly filed and claimed the basis each year, then use the new basis obtained this way for this year's taxes?"   Correct.  A portion of basis was distributed each time even if it was not reported it correctly on Form 8606.   Each combination of decedent and beneficiary must be tracked separately.  The issue with TurboTax trying to track basis in inherited IRAs is that there can be an unlimited number of such combinations even though it would be uncommon to have more than two.  Tracking basis by IRA account doesn't work because of the aggregation rules.  TurboTax has a mechanism for tracking only the basis of Taxpayer and Spouse, part of the IRA Information Worksheet.  I'm not saying that tracking basis for each combination of decedent and beneficiary couldn't be done, but it would not be straightforward to implement.

It would be helpful to have a TurboTax ".tax2025" file that is experiencing this issue for further investigation.   You can send us a “diagnostic” file that has your “numbers” but not your personal information.  If you would like to do this, please follow these instructions:    In TurboTax Online, open your return, go to the black panel on the left side of your program and select Tax Tools.  Then select Tools below Tax Tools. A window will pop up which says Tools Center. On this screen, select Share my file with Agent. You will see a message explaining what the diagnostic copy is.  Click okay through this screen and then you will get a Token number. You may wish to snap a screenshot to post instead of the actual number. Reply to this thread with your Token number (including the dash) and tag (@) the Expert requesting the token from you. Please include any States that are part of your return - this is VERY important. If you are using TurboTax for Desktop, go to Online in the top menu, then choose "Send Tax File to Agent."   We will then be able to see the same experience you are having and forward to our tech team for evaluation.   @desertlife  @jkucholtz @anflores