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yes Turbotax will fill in the 8606, the questions on non-deductible contributions, basis carryover, value of IRAs as of 12/31/25, and Roth conversion amounts etc all flow into 8606.  But do review the outcome on this form and your 1040 line 4b.  Hopefully no CPA required, 8606 is fairly straightforward to follow.   and yes to your assumption - the $300 does NOT affect your contribution for 2026 as you would have already recorded that against 2025 (make sure in your brokerage account it was designated as a 2025 contribution also otherwise your Form 5498s will be off - those usually come in May).

I really don't have any more on this issue. I can only repeat what I heard and that's late February to early March for this new valuation tool.   I have heard exactly zip re importing natively or otherwise. I would suspect, though, that getting the program to import some file into the charitable donations section is going to be a tough one.

It depends. If you had capital improvements (anything attached to the building) and this is a 2nd home as opposed to a rental property, then all of that expense would be added to the cost basis of the property until you sell it later. This helps to reduce the gain on a future sale.   If the 2nd home is a rental property, then capital improvements are added to the cost basis if completed in the first year of ownership/rental. Any capital improvements taking place after the year it becomes a rental activity would be a depreciable asset all it's own with a starting life in the year it is completed. This has two options available for you to choose if the requirements are met. Depreciate it with a starting date of the completion date (27.5 year recovery) Use the Safe Harbor Election- Small Taxpayers (see details below) Safe Harbor Election for Small Taxpayers (does not apply to any HOA assessment): What can I depreciate or expense with the business safe harbor method? How do I handle capital improvements and depreciation for my rental? Here are the rules you need to meet to take this election: Your gross receipts, including all your other income, are $10,000,000 or less. Your eligible building has an unadjusted basis of $1,000,000 or less. The cost of all repairs, maintenance and improvements is less than or equal to the smallest of these limits: 2% of the unadjusted basis of your building or $10,000  If you find you do qualify for this option and you want to take the full expense in one year for capital improvements, use the steps below to enter it in your return.  When you come to the screen, Did you buy any items that each cost $2,500 or less in 2025? mark the Yes button and click Continue. On the screen Let's see if you qualify to deduct these items as expenses, mark both of the Yes buttons and click Continue. On the Now, let's review each item you bought screen, mark whether all your new assets cost $2500 or less. If you mark that every item cost $2,500 or less, you will be brought to the Rental Summary screen.  You have elected the De Minimis Safe Harbor provision. If you mark that some cost above $2,500, you will be asked Did you make improvements to rental in 2025? If you say Yes, you will be taken through the screens for the Improvements election. If you say No, you will see the screen Do you have any items that aren't covered by your elections?  Proceed through the screens to enter these assets. On the Rental Summary screen go to the Expenses section and click on the Start/Update box. Continue to the Miscellaneous Expenses? screen and enter the description and amount paid for the assets. Click Continue when finished.  @citydog99 

It is expected to be available next week with the end of the week updates (typically occurs Thursday nights), so please check back at the end of next week.     We understand the importance of these forms, and the developers are working hard to roll out the updates.

To get your 2024 depreciation schedule (the itemized list of assets, not just the summary Form 4562), you must download the version of your tax return that includes all worksheets.    For TurboTax Online (2024 Return): Sign in to TurboTax Online using the account you used for your 2024 taxes. On the Tax Home page, scroll down to "Your tax returns & documents" and select 2024. Click the link for "Add a State". (You are not actually adding one; this is just to "open" the return so the full menu appears). In the left-hand menu, select Tax Tools, then Print Center. Select "Print, save or preview this year's return". Check the box for your 2024 Federal return and select the option to "Include government and TurboTax worksheets". Open the resulting PDF and search for  "Depreciation and Amortization Report".  

Can you clarify if you are adding your child's income to your tax return?    You cannot add a child's earned income to yours.  If he or she has a W-2 and either is required to file a return (generally $15,750 in earnings or more), or chooses to file in order to get a refund, they must file their own return.  It's likely they will fall under the standard deduction and nothing will be due for federal purposes.   Here's some information you may find helpful: At What Income Does a Minor Have to File an Income Tax Return?

If you're still having problems, go into the Worksheet (I'd try People first, if the question is there, since it seems it's transferring everything to Student Info) and change line 19 to 0 since you don't qualify for the AOTC, and in the earlier part (Part VII) change the answer from 1 (use credit or deduction whichever results in best tax outcome) to 5 (Not applicable).  That should prevent the software from changing line 19 again.

@user17710937837 wrote: ....I am going over to check out H&R Block's software now. Good luck with that - mixed bag at best. H&R Block may resolve some TurboTax issues but they have their own issues that have been resolved in TurboTax. You're never going to find 100% perfect DIY tax prep software.

I am happy to say that as of today, 2/14/2026, I am able to actually see the 1st page (and the 2nd) for all of my K-1s, save them to a PDF, and print them. Thank you, TurboTax and the TurboTax Community for helping to resolve this issue!!

When you are entering your personal information, the program asks for your status.  You should have selected Married and that you will filing the tax return with your spouse.  Later in your personal interview you will be asked to enter your spouse's personal information to include their Social Security number.   Go back to My Info on the left side of the online program screen and edit your personal information.

Hopefully, the TurboTax developers will figure this out and get Acorns up and running for import.   Entering summaries is an acceptable solution ONLY for users that don't have tons of transactions with the likes of wash sales, AMD, adjustments to cost basis, etc.    Intuit needs to get to work on fixing Acorns import.

see   https://ttlc.intuit.com/community/tax-credits-deductions/discussion/what-happened-to-the-tool-that-used-to-assist-you-to-determine-fair-market-value-of-charitable/01/3776912/highlight/false#M360483

Yes, generally you can claim home health care (nursing) expenses as a medical deduction. The services need to be provided due to a need because of a medical condition.   These costs are reported as an itemized deduction on Schedule A of your tax return. You can only deduct the part of your total medical expenses that exceeds 7.5% of your adjusted gross income.    Qualified expenses include nursing services and help with personal care like bathing or dressing, but you cannot include general household help like cleaning or laundry. If a caregiver performs both medical and household tasks, you must divide the cost and only claim the time spent on medical care.  See: IRS Publication 502 for detailed information, here.

ItsDeductible was retired.  There is a new feature that has been mentioned in the help and comments here to provide FMVs that may become available in ?March but I'm not sure you want to hold up taxes for that.   Otherwise you can use donation guides from Salvation Army or Goodwill.   There are also 3rd party apps like Deductible Duck which provide valuations but you have to pay for their service above a certain level; they may also claim to have import ability into TT desktop but there are limitations of the import format and you would still have to review each item in Turbotax (and avoid for TT Online as it breaks e-file).   Maybe @M-MTax has more