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February 25, 2026
4:00 PM
Thank you DoninGA, your answer nailed it. The Bot in the software was useless no matter how I changed the question, always starting with go to tools or folder, very frustrating. Your help was much ap...
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Thank you DoninGA, your answer nailed it. The Bot in the software was useless no matter how I changed the question, always starting with go to tools or folder, very frustrating. Your help was much appreciated.
February 25, 2026
4:00 PM
Taking a payout and transferring it to your US bank account, will be considered a taxable event and will be reportable as income in the year that you make the transfer. If you pay any taxes in Austr...
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Taking a payout and transferring it to your US bank account, will be considered a taxable event and will be reportable as income in the year that you make the transfer. If you pay any taxes in Australia for the distribution, these taxes can be claimed for a foreign tax credit on your US return.
Since you have been living in the US for a few years now, hopefully you have been keeping up with the annual reporting requirements of foreign accounts that DawnC mentioned to you in the previous post.
February 25, 2026
3:59 PM
2 Cheers
You can fix this using Forms Mode if you're using TurboTax Desktop.
Open your return and click the Forms icon in the TurboTax header.
In the list of Forms in My Return on the left, scrol...
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You can fix this using Forms Mode if you're using TurboTax Desktop.
Open your return and click the Forms icon in the TurboTax header.
In the list of Forms in My Return on the left, scroll down and look for Info Wks near the top.
Click the form name to open it in the large window.
Scroll down to Part VI - Real Estate Professionals and check the "Yes" box.
Now find K-1 Partner for the related activity.
Confirm that the first box under Line 2 is checked: "Materially Participated."
Find Schedule E, pg 2, and confirm that the loss is shown under Part II Line 28 (i) Nonpassive Income and Loss.
Click Step-by-Step in the header to return to the main screens.
@joannabanana6
@Kas1244
February 25, 2026
3:59 PM
1 Cheer
No, the form needs to be correct. I just created a whole new return and added the 1099-R and went through every one of the questions asking about IRA's. You input the basis on one screen. Another scr...
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No, the form needs to be correct. I just created a whole new return and added the 1099-R and went through every one of the questions asking about IRA's. You input the basis on one screen. Another screen asks for the value at the end of the year, I used zero for that claiming I had rolled it all over. I am having no issue. Here is what I did:
Enter the 1099-R
Check I converted it to Roth
Did you convert all? I said yes
Done
Disaster, no
Nondeductible contributions, yes, enter basis on Dec 31, 2024 I entered $xxx
Value on Dec 31, 2025 - I entered zero, as if I had emptied the account
Form is perfect.
I can't see what you are doing but customer support can. You may want to give it one more go and then contact support.
I wonder if you could have a piece of data stuck. A full or corrupted cache can cause problems in TurboTax, sometimes you need to clear your cache (that is, remove these temporary files).
Online version:
Delete the form 8606 and 1099-R, see How to Delete
Log out of your return and try one or more of the following:
Don't use Internet Explorer.
Clear cache and cookies,
Sign in using a different browser.
Sign in using a different device.
Log back into your return.
Enter the information again.
Desktop version:
Delete the form 8606 and 1099-R
Save your return while closing the program.
Update the program
Open
Enter the information again.
February 25, 2026
3:58 PM
If you have the total price and the number of windows then divide the total price by the number of windows. That will give you a price per window.
February 25, 2026
3:58 PM
When your work duties commence it appears you will be working in New York, so that may take precedent over your current job situation. It would be different if you were currently working remotely. Bu...
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When your work duties commence it appears you will be working in New York, so that may take precedent over your current job situation. It would be different if you were currently working remotely. But since the income is an advance on work you will be doing as a New York resident, it is likely New York income.
The normal primary considerations are if you have an office in New York that you work out of at least occasionally and does your employer require you to work from home? If the answer to both of these questions is "no" then you would have a case for your income not being taxable in New York. But that would likely only apply if you were actually working.
February 25, 2026
3:56 PM
You need to restart your computer. But before you do you need to clear your cache and cookies. The system thinks that there is an instance of TurboTax still running so it is killing the new instanc...
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You need to restart your computer. But before you do you need to clear your cache and cookies. The system thinks that there is an instance of TurboTax still running so it is killing the new instances instead of letting them load.
Here's how to clear your cache.
Here's how to delete your cookies.
February 25, 2026
3:56 PM
Same issue here, federal worked perfectly. but i cant complete state portion. Did you find a solution? Thank you for your help
February 25, 2026
3:56 PM
i am trying to import 1099-b , 1099-div forms from Schwab . It says connected to Schwab, transferred data but does not import data . It keeps going on in circle. Pls help . I am using MS edge browser...
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i am trying to import 1099-b , 1099-div forms from Schwab . It says connected to Schwab, transferred data but does not import data . It keeps going on in circle. Pls help . I am using MS edge browser Thanks Girish
February 25, 2026
3:55 PM
There are many items with a contribution limit. I'll assume you're asking about your IRA. If it's something else, please specify. This forum has no access to your return. An IRA contribution can not ...
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There are many items with a contribution limit. I'll assume you're asking about your IRA. If it's something else, please specify. This forum has no access to your return. An IRA contribution can not exceed compensation, which includes wages, commissions, self-employment income (reduced by the self-employment tax and contributions to other retirement plans), and certain other items.
February 25, 2026
3:55 PM
Did the info include 2025 data inputted into the it's deductible app? Thank you
February 25, 2026
3:54 PM
1 Cheer
Same is happening to me. I never said I had a Canadian anything. Also, I am a US Govt. retiree. It never asked for my 1099-R from that. I filled it out myself, and the questions I am getting are li...
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Same is happening to me. I never said I had a Canadian anything. Also, I am a US Govt. retiree. It never asked for my 1099-R from that. I filled it out myself, and the questions I am getting are like it was an RMD, not my monthly pension. Also, it stuck an account number in there that is NOTHInG like my real account number. On the list of 1099-Rs, that is says I must review (except there is no review option, only edit and delete), there is some Federal Financial LLC that I have never heard of. It is on there twice. When I pull the first one up, there is the info from an IRA retirement RMD on it. This software is extremely messed up, to the point of being unusable by me.
February 25, 2026
3:54 PM
The entire rental activity, income and expenses, and asset being depreciated and sold, should be entered in TurboTax for a disregarded entity so that the income and expenses will appear on Schedule E...
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The entire rental activity, income and expenses, and asset being depreciated and sold, should be entered in TurboTax for a disregarded entity so that the income and expenses will appear on Schedule E and the sale information will appear on Form 4797 / Schedule D as appropriate.
All of this should be done in Interview / Step-by-step mode so that all of of the relevant questions are answered. See this help article for information on entering the income and expenses.
You can also import information from Quicken or QuickBooks if applicable. There is a screen in the interview for that.
If you would like assistance with the interview, see this help article for information on how to get a live session with an Expert.
@jbinsantamonica
February 25, 2026
3:53 PM
im having the same trouble cannot complete state portion. Did you find a solution? Thank you for your help
February 25, 2026
3:53 PM
Please clarify if you are referring to a subtraction from income on Wisconsin Form 1, Schedule SB. The link below shows the allowable modifications.
WI Form 1 Instructions - page 14
With gre...
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Please clarify if you are referring to a subtraction from income on Wisconsin Form 1, Schedule SB. The link below shows the allowable modifications.
WI Form 1 Instructions - page 14
With greater detail we can provide more direct instruction.
February 25, 2026
3:53 PM
Did you input your 2024 tax liability into TurboTax? It's under Other Tax Situations --> Additional Tax Payments. If you did have your 2024 tax liability entered, when did you pay the 2025 estim...
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Did you input your 2024 tax liability into TurboTax? It's under Other Tax Situations --> Additional Tax Payments. If you did have your 2024 tax liability entered, when did you pay the 2025 estimated taxes? Estimated taxes generally need to be paid in 4 equal payments, by 4/15, 6/15, 9/15 and 1/15/2026.
February 25, 2026
3:53 PM
No, unfortunately, to qualify for the deduction, the interest must be paid on a loan that is originated after December 31, 2024. See One, Big, Beautiful Bill Act.
February 25, 2026
3:53 PM
1) Yes, TurboTax is programmed to include the annual updates to each state return's filing instructions, including any required attachments from the federal return. If your circumstance requires fede...
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1) Yes, TurboTax is programmed to include the annual updates to each state return's filing instructions, including any required attachments from the federal return. If your circumstance requires federal forms be attached to the state, the software can take care of that for you.
2) The PDF printed copy of the state tax return will include any federal attachments behind the last page of the state return, or in the specific order described in the state filing instructions.
3) To verify your state return document includes any necessary federal forms before you file (after paying):
Open or continue your return.
Enter your return by selecting Continue or Start on Tax Home.
Select Tax Tools from the menu, then Print Center (on mobile devices, tap in the upper left corner to expand the menu).
Select Print, save, or preview this year's return, and follow any additional instructions.
Once your PDF opens in Adobe Acrobat Reader, select the printer icon.
Make any adjustments in the Print window and then select Print.
Then once the state tax return is accepted, you'll have already reviewed your submission for completeness.
Reference: Can I print a copy of my return in TurboTax Online before I file it? | How do I save my return as a PDF in TurboTax Desktop?
February 25, 2026
3:52 PM
Yes, if your wife's name and SSN is on the 1099-S, you should report it (her share). Given that's the case, you don't want a K-1 at this point because it would do nothing more than duplicate the ...
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Yes, if your wife's name and SSN is on the 1099-S, you should report it (her share). Given that's the case, you don't want a K-1 at this point because it would do nothing more than duplicate the sale.
February 25, 2026
3:51 PM
Attempting to import last year's tax return but TurboTax will not do it. Found the correct file, selected it, but Continue doesn't work.