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The TurboTax online editions can only be used for completing one tax return per account and User ID.  To start another tax return using the online editions you will need to create a new account with ... See more...
The TurboTax online editions can only be used for completing one tax return per account and User ID.  To start another tax return using the online editions you will need to create a new account with a new User ID and a new email address.  Go to this website and click on Sign up to create a new account - https://turbotax.intuit.com/personal-taxes/online/file-your-own-taxes/
I believe Turbo double taxes the short term investment gains.   
I have a simple entry on the Capital Asset Sales Entry Worksheet. Mutual fund dividend shares acquired 12/13/24 were sold on 10/7/25 - less than 10 months later. The worksheet is calculating this as ... See more...
I have a simple entry on the Capital Asset Sales Entry Worksheet. Mutual fund dividend shares acquired 12/13/24 were sold on 10/7/25 - less than 10 months later. The worksheet is calculating this as long-term. Since I've fiddled around with that entry a lot I decided to re-enter it; but when I did TT again said it was long-term. I can override to short-term and TT does not flag it as an error, but:   Will TT allow me to file a return with an override on it?; and Why is this occurring? Is there some weird provision being triggered that I'm not aware of (I am a retired CPA), or is this just a flat-out form error? Using Windows desktop version of TT, v2025.47.23.38.   Thanks.   Brent
You should contact your state agency or the IRS to figure out why your refund was not what you anticipated. There are a number of reasons your refund may be different than the original amount expecte... See more...
You should contact your state agency or the IRS to figure out why your refund was not what you anticipated. There are a number of reasons your refund may be different than the original amount expected:   If you owe the IRS back taxes, they will take it from your refund. If that is the case, the IRS will send you a letter explaining exactly how much they took and where it was applied. (If your state participates in the State Income Tax Levy Program SITLP, the IRS may seize your state refund.)   If you owe money at the state level, your tax refund may be seized under a Tax Refund Intercept Program (TRIP).   If you owe certain state and federal debts, you may have had a Treasury Offset to pay the debt. Click here to contact Treasury Offset if you think that may be the case.   If you made an easily verifiable mistake on your tax return, like mistyping a figure on your W-2, the IRS may have corrected it before remitting your refund. If that is the case, the IRS will send you a letter explaining the change.    If you requested a refund advance, or asked that your fees be paid from your refund, and you owe the bank a debt, they may have taken it from the refund. You can contact TPG customer service, follow this link for more. See: IRS - Refund inquiries; IRS - Reduced refund; TurboTax - Why is my refund lower than the amount shown in TurboTax?  
You will want to enter as Other Taxable Income: Under Less Common Income select Miscellaneous Income, 1099-A, 1099-C  On the Let's Work on Any Miscellaneous Income, Start Other Reportable Inc... See more...
You will want to enter as Other Taxable Income: Under Less Common Income select Miscellaneous Income, 1099-A, 1099-C  On the Let's Work on Any Miscellaneous Income, Start Other Reportable Income On the Any other Taxable income? page, select Yes On the next page, click on the Add button Enter the information on the Other taxable income (Japan pension as Description)  
Distributions from an inherited IRA have nothing to do with anything about your own IRAs.  When TurboTax asks for the year-end value in your IRAs, do not include the inherited IRA.   Make sure that... See more...
Distributions from an inherited IRA have nothing to do with anything about your own IRAs.  When TurboTax asks for the year-end value in your IRAs, do not include the inherited IRA.   Make sure that you have entered your traditional IRA contributions and make sure that they are treated as nondeductible.  Examine the calculations on the two Forms 8606 to see that the nondeductible contributions appear on line 1.
Yes, it is ok to remove it, but TurboTax will ask you questions regarding the refund, and classify it as nontaxable when appropriate depending on your entries.  If you used the standard deduction in ... See more...
Yes, it is ok to remove it, but TurboTax will ask you questions regarding the refund, and classify it as nontaxable when appropriate depending on your entries.  If you used the standard deduction in the year the refund is from, it isn't income in the year you received it.     This article may be helpful: Do I need to report the state or local refund I got last year? Is it taxable?
I gave up on waiting for TurboTax to fix the issue and filed by mail. I have used TurboTax every year of my life that I have filed taxes, but am doubtful that I will return to them for 2026 after all... See more...
I gave up on waiting for TurboTax to fix the issue and filed by mail. I have used TurboTax every year of my life that I have filed taxes, but am doubtful that I will return to them for 2026 after all of this. 
Thanks for your reply. I just forced TurboTax to accept the $12,200 (since I will not be doing any bonus depreciation) and form 4562 ***accepted the number*** without an error (no yellow highlight) o... See more...
Thanks for your reply. I just forced TurboTax to accept the $12,200 (since I will not be doing any bonus depreciation) and form 4562 ***accepted the number*** without an error (no yellow highlight) or requirement of an override (although we shall see if that remains true when I run an error check before filing!).
Retirement income is taxed to your resident state only so if you do not live in Illinois, it is NOT out of state income.   Retirement Income is listed as IRA, 401(k), Pension Plan Withdrawals (10... See more...
Retirement income is taxed to your resident state only so if you do not live in Illinois, it is NOT out of state income.   Retirement Income is listed as IRA, 401(k), Pension Plan Withdrawals (1099-R) under Income in the federal taxes section.  See Where do I enter my 1099-R? - TurboTax Support - Intuit  
Michigan allows a deduction for auto insurance coverage that includes medical services related to a car accident. The coverage is called personal injury protection (PIP). See this Michigan webpage fo... See more...
Michigan allows a deduction for auto insurance coverage that includes medical services related to a car accident. The coverage is called personal injury protection (PIP). See this Michigan webpage for more information.   If you can't tell from your auto insurance statement how much is the PIP portion, contact your agent.   The portion of your auto insurance that is designated as medical is a separate deduction on the Michigan return. To deduct the medical portion of your Michigan auto insurance premium, please follow the instructions below:   Open your return. Click on State on the left-hand side. Click Continue next to your Michigan return. On the page Your 2025 Michigan taxes are ready for us to check, click Start or Edit next to Credits and taxes. Click Start or Revisit next to Homestead Property Tax Credit on the page Take a look at Michigan credits and taxes. Answer yes to the question Do you want to review your total household resources? Answer yes to the question Do you meet the qualifications? on the page Location of Property. Continue past the page Any of These Sources of Household Resources? On the page Medical Insurance or HMO Premiums Reduce Household Resources, enter the medical portion of your auto insurance premiums.  Continue through your return.  @jjh 
I am trying to file taxes for another user using my online Turbo Tax. Not sure why I cannot start the process. Do I need to completely file the first tax return before I can start another?
@NJ_Devils - In the underpayment penalty notice, was there any fine or was it only interest? Reason I ask is I paid estimated payments to NJ late (in the 4th quarter). So I do have an underpayment in... See more...
@NJ_Devils - In the underpayment penalty notice, was there any fine or was it only interest? Reason I ask is I paid estimated payments to NJ late (in the 4th quarter). So I do have an underpayment interest I need to pay. I am thinking of letting NJ compute the interest and bill me. Reason being I already paid for TT and the NJ-2210 calculation in TT is wrong. My only concern is that NJ will charge an additional penalty for not submitting NJ-2210 with the return.
There appears to be multiple bugs in the TurboTax (TT) code in relation to the estimated taxes payable for 2026.  As you have discovered, it assumes that the same withholding in 2025 will be appli... See more...
There appears to be multiple bugs in the TurboTax (TT) code in relation to the estimated taxes payable for 2026.  As you have discovered, it assumes that the same withholding in 2025 will be applied in 2026.  In my case, it was worse as my W-2 income fell to zero (retired in 2025) and the bug resulted in TT informing me that I have no Estimated Federal Tax to pay in 2026 although I expect to continue to have other sources of income which would be taxable.  I had to go into the worksheet to ENTER $0 as the withholding for 2026 - the field being blank was not enough even though TT conventionally treats other empty value field to be $0.  That helped and the app generated an estimated tax number and the 4 estimated tax forms.  HOWEVER, the estimated tax for 2026 was still too low to be believed - it came up to be less than the estimated State and City taxes - an impossibility as the Federal tax rates are higher on the same incomes and certain incomes such as SSI are not taxed at the State level.  On further analysis, it appears that TT did not accurately bring in the appropriate value into the line "Total of your other taxable income and losses" in the "Other Income" section of their Estimated Tax and Form W-4 Worksheet.  From what I could deduce (based on the number TT used for the 2025 column), it brought in my self-employment income INSTEAD OF the total of my taxable interests, ordinary dividends and the taxable portion of my social security income. I have yet to go back into the app or worksheet to figure out how to resolve for the understated "other income".   Not sure if TT will allow me to over-ride any of the mis-stated number.   I'll report later should I have figured out this bug.   As underpayment of Estimated Taxes WILL result in a penalty, TT should fix this ASAP or be responsible for this flaw in their coding. p.s. I'm using the TT Deluxe desktop version
Wrong people on taxes
I know I can file form 4852 and mail it. But I want do it on-line.
Any distribution from an IRA of $10 or more, including a self-directed IRA, is required to be reported by the IRA custodian on a Form 1099-R for the year in which the distribution occurred.  If the I... See more...
Any distribution from an IRA of $10 or more, including a self-directed IRA, is required to be reported by the IRA custodian on a Form 1099-R for the year in which the distribution occurred.  If the IRA custodian refuses to issue the form, you would have to submit a substitute Form 1099-R (Form 4852).  Doing so would prevent you from e-filing.
You may want to contact a Taxpayer Advocate in your area.  See this IRS website for Taxpayer Advocate - https://www.taxpayeradvocate.irs.gov/ or call 1-877-777-4778
You would be entering the average price per share on the day of donation.   @paperplasticcotton