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a month ago
Turbo Tax says the broker's name can be edited; however, everything but the name can be edited. I don't want to re-enter multiple rows of sales from my 1099 B.
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a month ago
You can get back to the screens in TurboTax that ask if you want to share data using the steps listed below.
If you are using TurboTax Online you can:
Click on "Review" in the left panel o...
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You can get back to the screens in TurboTax that ask if you want to share data using the steps listed below.
If you are using TurboTax Online you can:
Click on "Review" in the left panel of your TurboTax screen,
Continue through your screens until you see the screen that says, "We just need your OK on a couple of things"
This is the screen where you can change your answer regarding sharing your personal data.
You can also access this by clicking on these topics in the left panel of your TurboTax screen
TurboTax account
Data & Privacy
Data used for Intuit products
Manage how your info is used across Intuit.
If you are using TurboTax Desktop, you can:
Click on the tax "Review" near the top of your TurboTax screen in the gray bar.
Click on "Continue"
You can review your screens right to the filing process
Correct your answer to decline sharing personal information with TurboTax
Click here for How TurboTax Safeguards Our Customers' Data
Click here to visit Intuit's Privacy Page.
If you have additional information or questions regarding this, please return to Community and we would be glad to help.
a month ago
Can you clarify if this is for New York? In general, the first three numbers have to match so if your license number is shorter than the field (which is 10 I believe, and people with eight digits se...
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Can you clarify if this is for New York? In general, the first three numbers have to match so if your license number is shorter than the field (which is 10 I believe, and people with eight digits see this issue the most) add zeros to the end to complete the entry. Post again if it is a different state or this does not work.
a month ago
If you would like to make an estimated tax payment, you do not need to wait for the voucher to be available.
You may visit the IRS website here to make estimated payments.
Reason for P...
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If you would like to make an estimated tax payment, you do not need to wait for the voucher to be available.
You may visit the IRS website here to make estimated payments.
Reason for Payment: Select "Estimated Tax"
Apply Payment To: Select "1040-ES (for 1040, 1040-SR, 1040-NR)"
Tax Year for Payment: Select 2026
You’ll just need your bank routing and account numbers.
If you haven't already, you can also create an IRS account where you can also make payments directly without a voucher.
a month ago
https://ttlc.intuit.com/community/charges-and-fees/help/what-is-a-service-code/00/25646
a month ago
Foreign Tax Credit carryover amounts are claimed on Form 1116 Part III, Line 10:
Enter the sum of any carryover of foreign taxes (from Schedule B, line 3, column (xiv)) plus any carrybacks to th...
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Foreign Tax Credit carryover amounts are claimed on Form 1116 Part III, Line 10:
Enter the sum of any carryover of foreign taxes (from Schedule B, line 3, column (xiv)) plus any carrybacks to the current tax year. If you enter an amount on line 10 and you don’t need to attach Schedule B, check here (see instructions)
If needed, right click in the box next to Line 10 and select Data Source or Quick Zoom to locate the appropriate worksheet for entry.
Are you preparing an estate or trust in TurboTax Business desktop? Or are you using TurboTax Home and Business on Windows/Mac? Form 1116 is for Individuals, Estates, and Trusts. TurboTax Business desktop prepares entity returns - partnerships and S-corporations report foreign tax credit passthrough amounts on Schedules K-1, K-2 and K-3; corporations report Foreign Tax Credit using Form 1118. Include your business entity type if any follow up questions arise, so I can better assist you.
Learn more:
TurboTax - Claiming the Foreign Tax Credit with Form 1116
IRS Publication 514 (2025), Foreign Tax Credit for Individuals
a month ago
Red errors on Form 1095-A are due to missing data in a column, amounts that do not match, blank boxes, or $0 entries. Make sure that your entries for Form 1095-A are correct, that you marked all the ...
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Red errors on Form 1095-A are due to missing data in a column, amounts that do not match, blank boxes, or $0 entries. Make sure that your entries for Form 1095-A are correct, that you marked all the correct boxes in TurboTax. To go back through your entries:
Open or continue your return.
Navigate to the 1095-A section:
TurboTax Online/Mobile: Go to 1095-A.
TurboTax Desktop: Search for 1095-a, then select the Jump to link.
You should not have "0" or blank in Part III, Column B for any month that someone in your household had coverage under a Marketplace plan. You need an SLCSP premium every month that you had coverage.
If this is the case on your form. you can use the government's tax tool to get the premium for your second lowest cost Silver plan. Failure to do this will result in a wrong calculation of the premium tax credit.
What is the Premium Tax Credit (PTC) and What is Tax Form 8962?
a month ago
The work on this section of TurboTax is continuing and expected to be completed with an update coming after Thursday night (2/19). The best time to check for a change will be Friday (2/20).
a month ago
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a month ago
The IRC 45R credit is specifically for small businesses that purchase health insurance through the Small Business Health Options Program (SHOP) Exchange. The credit amount is determined based on your...
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The IRC 45R credit is specifically for small businesses that purchase health insurance through the Small Business Health Options Program (SHOP) Exchange. The credit amount is determined based on your nonelective contributions and the average premium for the small group market. There is a phase out based on the number of full-time equivalent employees and your average annual wages.
See Small Business Health Care Tax Credit Questions and Answers: Calculating the Credit for specifics on your individual situation or ask again with details.
a month ago
To track your state refund:
ttps://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-refund/track-state-refund/L3jgO8PGs_US_en_US?uid=lt447ebr
https://ttlc.intuit.com/turbotax-s...
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To track your state refund:
ttps://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-refund/track-state-refund/L3jgO8PGs_US_en_US?uid=lt447ebr
https://ttlc.intuit.com/turbotax-support/en-us/help-article/state-taxes/contact-state-department-revenue/L9qVToi02_US_en_US?uid=m6e06um0
a month ago
So I just mail the 2024 Form 8086 without explaining why I am sending it in? That sounds like a recipe for confusion. With Form 1040-X, there is a place for why I am sending in a form, at least.
a month ago
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a month ago
Per @MonikaK1 Expert - she posted yesterday "I've been advised today by management that the work on the depreciation section of TurboTax is continuing and expected to be completed with an update co...
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Per @MonikaK1 Expert - she posted yesterday "I've been advised today by management that the work on the depreciation section of TurboTax is continuing and expected to be completed with an update coming the evening of Thursday, February 19th." There are many many threads regarding this ongoing issue for weeks under several different categories in the Community. Many of us are extremely frustrated with Turbo Tax - it's absolutely unacceptable that this section has been unavailable since I purchase the Desktop Premier back in December. H and R Block and other tax providers have all had their depreciation sections available.
a month ago
I'm seeing the same problem with mine. Intuit, this is a bug. Please fix.
a month ago
@outbreath11 You would need to complete the form outside of TurboTax and then included it with your tax return. Your tax return can only be printed and mailed if you are including this form, it cann...
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@outbreath11 You would need to complete the form outside of TurboTax and then included it with your tax return. Your tax return can only be printed and mailed if you are including this form, it cannot be e-filed or attached to an e-filed tax return.
IRS Form 8621, Information Return by a Shareholder of a Passive Foreign Investment Company or Qualified Electing Fund - https://www.irs.gov/forms-pubs/about-form-8621
a month ago
The message say "by February" Is that 2/1 or 2/28?
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a month ago
would you please send me the link thanks
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