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a month ago
Here are two FAQs to help: What if I'm having trouble with my filing verification code? and How do I get a verification code if the email address is wrong?
a month ago
1 Cheer
I use a desktop exclusively and yes, if you wait 2-3 days, it will likely function normally. I talked to my Schwab Rep; he was aware of the problem last year. It's Schwab IT that has the issue. If...
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I use a desktop exclusively and yes, if you wait 2-3 days, it will likely function normally. I talked to my Schwab Rep; he was aware of the problem last year. It's Schwab IT that has the issue. If you can afford to wait, then wait.
a month ago
2025 is the first year when both my wife and I have withdrawn from our Roth IRA accounts and we are using the free version of TurboTax provided by Fidelity Investments (most probably premier?). We ar...
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2025 is the first year when both my wife and I have withdrawn from our Roth IRA accounts and we are using the free version of TurboTax provided by Fidelity Investments (most probably premier?). We are filing as married filing jointly. We have (for each of us separately) provided information about our Roth conversions over the last few years. In both our 1099-R forms, box 7 has "T". Based on this, TurboTax is claiming that our withdrawals are qualified (non-taxable) for Federal purposes, but are fully taxable (meaning that the entire amount is taxable) for NJ state purposes. This seems incorrect as the qualification rules Roth withdrawals for Federal and NJ State are identical. Also even if it is true that that some part of the withdrawal is taxable in NJ, it cannot be the entire amount. That seems obviously incorrect. I suspect that there is some way to answer the questions differently to get around this problem, but how? Please help.
a month ago
After the 2/13 update, Federal reviews clean. Minnesota return fails review due to an issue on the "Adjustments to Federal Taxable Income (FTI) Smart Worksheet." Details: Line 2a (Sec. 70301 bonu...
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After the 2/13 update, Federal reviews clean. Minnesota return fails review due to an issue on the "Adjustments to Federal Taxable Income (FTI) Smart Worksheet." Details: Line 2a (Sec. 70301 bonus addback) is correct and equals exactly 60% of federal bonus depreciation (from Federal Form 4562). Line 2b ("Amount of allowable depreciation for assets on 2a") shows 0 and triggers an error stating the amount must be less than zero. The field cannot be edited. On the State Depreciation Worksheet: Asset is listed. Placed-in-service date is correct. Addback amount is correct. However, State Cost/Basis = 0 and State Depreciation Amount = 0. It appears the MN addback is calculated, but no state depreciation basis or 5-year recovery is being generated, which leaves Line 2b at zero. Is this a known issue? Is there a way to re-trigger state asset generation without overriding worksheets? Thanks.
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a month ago
I have a pending transaction from 2023 and still haven’t received return do not understand why
a month ago
In the past when I had a problem with downloading from Schwab, I would work-around by downloading to TT online, then save the TT tax file to my local ... but it seems TT doesn't allow that any longer...
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In the past when I had a problem with downloading from Schwab, I would work-around by downloading to TT online, then save the TT tax file to my local ... but it seems TT doesn't allow that any longer. So to be clear, you're saying I should wait a few days before downloading to desktop?
a month ago
So it would be allowed for my self employment income, but not the home office for my W2 work? (Colorado) How can I remove the sheet for the W2 work, or would I just set the values to zero? tryin to g...
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So it would be allowed for my self employment income, but not the home office for my W2 work? (Colorado) How can I remove the sheet for the W2 work, or would I just set the values to zero? tryin to get past the flag in Tuurbo tax smart check. Thanks
a month ago
You should be entering this as a Royalty Payment (not as a 1099-MISC "Other Income").
Wages & Income
Rental Properties and Royalties
START or UPDATE
Continue
On the "Is Thi...
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You should be entering this as a Royalty Payment (not as a 1099-MISC "Other Income").
Wages & Income
Rental Properties and Royalties
START or UPDATE
Continue
On the "Is This a Rental Property or Royalty?" screen, select "Royalty property of payment"
Use your address if applicable
Select "Other Intangible" for Type
Continue to finish entering the Royalty Profile
DO NOT LEAVE THAT SECTION
Select "Royalty Income" START
Select "Royalty income reported to you on Form(s) 1099-MISC" START
Enter the 1099-MISC and finish the interview
This should put the royalty (passive income) on Schedule E
Flows to Schedule 1
Flows to your 1040 line 8
The 1099-MISC is not entered anywhere else in the program.
a month ago
The city that I live in is within two counties. How do I get the right county to show on personal information?
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a month ago
If you have filed your tax return the refund advance option is no longer available.
Otherwise, see this - https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-refund/offer-details-di...
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If you have filed your tax return the refund advance option is no longer available.
Otherwise, see this - https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-refund/offer-details-disclosures-refund-advance-program/L4ljXp6TI_US_en_US
a month ago
Thank you DawnC and Hal-Al for your inputs.
a month ago
a month ago
1 Cheer
Read my response below. It's a timing quirk with Schwab. You can SEE the info but not automatically download it. Wait 2-3 days ... it will be there.
a month ago
To enter, edit or delete an IRA contribution -
Click on Federal Taxes (Personal using Home and Business) Click on Deductions and Credits Click on I'll choose what I work on (if shown) Scroll do...
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To enter, edit or delete an IRA contribution -
Click on Federal Taxes (Personal using Home and Business) Click on Deductions and Credits Click on I'll choose what I work on (if shown) Scroll down to Retirement and Investments On Traditional and Roth IRA Contributions, click the start or update button
a month ago
Thank you! Not the answer I was hoping for, but an answer!
a month ago
1 Cheer
The same thing happened last year, if you're referring to Schwab. The information was available if you printed the 'summary', or looked at the data online. But the download function didn't work for...
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The same thing happened last year, if you're referring to Schwab. The information was available if you printed the 'summary', or looked at the data online. But the download function didn't work for 2-3 days after they claimed the into was there. Just a timing quirk with Schwab.
a month ago
This is error was fixed with today's (2/13/26) Update!
a month ago
@smkautz I thought "Maybe" there would be a way to go back to the standard online editions from the screen you were landing on. Does not look like that is an option.
Other than trying to get help ...
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@smkautz I thought "Maybe" there would be a way to go back to the standard online editions from the screen you were landing on. Does not look like that is an option.
Other than trying to get help from TurboTax support, my only suggestion and not a good one for you, would be to create a new online account with a new User ID.
For TurboTax support - Use this phone number and select TurboTax - 1-800-4-INTUIT (1-800-446-8848)
a month ago
1 Cheer
Browser permission granted in Edge. Still can't import. The application says down load successful but then says import was unsuccessful. Says don't worry we will help you enter data manually - really?