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February 28, 2026
4:44 PM
Is software update for this available as of 2/28/2026? If so, how do I update the software? Will I lose everything I have entered when the software updates?
February 28, 2026
4:44 PM
Same here they said it was an extra 35.00 and when I looked at my details it charged me 40.00 TT has not even updated cause IRS issued my this morning I got the email from them saying it is and due b...
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Same here they said it was an extra 35.00 and when I looked at my details it charged me 40.00 TT has not even updated cause IRS issued my this morning I got the email from them saying it is and due by March 4th and TT has not made the dep yet Smh
February 28, 2026
4:43 PM
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February 28, 2026
4:42 PM
i’m not sure why my returns are rejecting
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February 28, 2026
4:42 PM
@rperrien wrote:
It says Retirement ER, will this be the match the Employer pays? What code will I be using?
@rperrien
You have posted to a thread that is 4 years old. Like the original...
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@rperrien wrote:
It says Retirement ER, will this be the match the Employer pays? What code will I be using?
@rperrien
You have posted to a thread that is 4 years old. Like the original question from 4 years ago, "Retirement ER" is not a common entry in box 14 of a W-2. You have to ask your employer to explain what it means. See the old posts above yours in the thread for more information about entries in box 14.
February 28, 2026
4:41 PM
IDENTITY PIN
https://www.irs.gov/identity-theft-fraud-scams/retrieve-your-ip-pin
If you have a 6 digit PIN issued to you by the IRS you need to enter it in order to e-file. Go to Fed...
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IDENTITY PIN
https://www.irs.gov/identity-theft-fraud-scams/retrieve-your-ip-pin
If you have a 6 digit PIN issued to you by the IRS you need to enter it in order to e-file. Go to Federal>Other Tax Situations>Other Return Info>Identity Protection PIN and enter the six-digit PIN.
February 28, 2026
4:41 PM
Thank you for your fast reply!! @DianeW777
February 28, 2026
4:41 PM
I had this situation before, and the best thing to do is to go back and create the amended return, with the refund for the excess FICA on the 1040X and send it with the letter they sent to you.
February 28, 2026
4:41 PM
My returns were rejected because of an issue with Form 5695 energy efficient home improvement tax credit form. Is this a turbo tax problem? It says to try again after March 6. I have large refunds co...
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My returns were rejected because of an issue with Form 5695 energy efficient home improvement tax credit form. Is this a turbo tax problem? It says to try again after March 6. I have large refunds coming and this is just maddening.
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February 28, 2026
4:40 PM
I HAVE TO VERIFY MY IDENTITY
Sometimes the IRS chooses returns randomly to request verification of identity and sometimes there is something on the return that triggers the request. No mat...
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I HAVE TO VERIFY MY IDENTITY
Sometimes the IRS chooses returns randomly to request verification of identity and sometimes there is something on the return that triggers the request. No matter why the IRS has required you to verify your identity, you need to follow their instructions in order to receive your refund. If you do not verify your identity you will not get your refund.
https://turbotax.intuit.com/tax-tips/security/tips-for-handling-identity-verification-requests-from-the-irs/L55RhaS2B
https://www.irs.gov/identity-theft-fraud-scams/identity-verification-for-irs-letter-recipients
February 28, 2026
4:40 PM
If you received any income on Form 1099-NEC or 1099-K, that gets reported on Schedule C as self-employed income; even if you worked with a large company such as Lyft or Uber.
The good thing abo...
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If you received any income on Form 1099-NEC or 1099-K, that gets reported on Schedule C as self-employed income; even if you worked with a large company such as Lyft or Uber.
The good thing about earning "1099 income" as opposed to W-2 wages, is that you get to deduct all your ordinary and necessary business expenses incurred while carrying out this line of work: learn more.
On the other hand, you do have to pay both the employee and employer's share of withholding taxes, known as self-employment taxes. Often this requires making estimated tax payments throughout the year. Learn more: FAQ - Self-Employed Federal Income Taxes
Note: the above does not apply if your 1099-K only includes sales from personal items sold at a loss, and other non-taxable transactions; learn more - Did You Get a Form 1099-K and Aren’t Self-Employed or a Small Business?
February 28, 2026
4:40 PM
To report your WFHIT investment you made through IBIT, you will need more than your Form 1099-B. Search your tax documents for a "Supplemental Tax Information, WHFIT Tax Statement, or Trustee Tax...
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To report your WFHIT investment you made through IBIT, you will need more than your Form 1099-B. Search your tax documents for a "Supplemental Tax Information, WHFIT Tax Statement, or Trustee Tax Information" report, which the broker is legally required to provide you to help you determine your cost basis. Once you have your Form 1099-B and the Supplemental Information, you will also need to indicate that you are changing the basis that is being reported on Form 1099-B. Here are the steps to follow to report your investment information, as well as how to indicate the change in basis: The easiest way to input this information is to sort it by summarizing the sales section totals from your Form 1099-B, instead of entering each trade. To do this, separate the section totals into their respective categories, for example: Short-Term Covered: (Box A) Basis was reported to the IRS Short-Term Non-Covered: (Box B) Basis was NOT reported to the IRS Long-Term Covered: (Box D) Basis was reported to the IRS Long-Term Non-Covered: (Box E) Basis was NOT reported to the IRS You only need to make one entry for each category that has totals. If you have all 4 categories, you make 4 entries. If you only have Long-Term and Short-Term "Covered," you only make 2 entries. Click on Wages & Income Select Add more income Scroll down to Investments and Savings and click down arrow Select Stock, Crypto...(1099-B...) Select Add investments, Add a different way Select Stock, Bonds, Mutual Funds (1099-B) Enter brokerage information, then Continue In the "Tell us about the sales..." section, answer those questions, then Continue In the "Now choose how to enter your sales", select Sales section totals, Continue Note: Use the date provided in the Supplemental Tax Information statement for your WHFIT, if it differs from your original purchase date Note: To adjust the basis, click on the box below the sales section, I need to adjust my total cost basis If you choose to summarize, you will need to mail in a copy of Form 8453 to the IRS after you e-file so that they have documentation of your summary.
February 28, 2026
4:39 PM
When you file marrried filing separately, you both have to use standard deduction or both itemize. It cannot be one of each. That is not allowed.
It is not easy to compare MFJ to MFS usin...
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When you file marrried filing separately, you both have to use standard deduction or both itemize. It cannot be one of each. That is not allowed.
It is not easy to compare MFJ to MFS using online TT but you can do it. Since you only get one return for each account and user ID, you have to use 3 accounts and user ID’s—one for MFJ and two for each of the MFS returns. Compare, choose, and file—and pay—accordingly.
It is much easier to do this comparison using the desktop version of TT installed from a CD or downloaded to your own computer. You pay once for the software and you can prepare multiple returns easily, and it has a “what if” feature that allows comparisons.
WHAT IF…?
If you are using Desktop software:
With your return open, click Forms in the upper-right-hand corner
Click Open Form
In the Search area, type the word what. You should see the What If Worksheet listed, click to open it.
If you were legally married at the end of 2025 your filing choices are married filing jointly or married filing separately when you prepare your 2025 return.
Married Filing Jointly is usually better, even if one spouse had little or no income. When you file a joint return, you and your spouse will get the married filing jointly standard deduction of $31,500 (+ $1600 for each spouse 65 or older) for 2025. You are eligible for more credits including education credits, earned income credit, child and dependent care credit, and a larger income limit to receive the child tax credit.
If you choose to file married filing separately, both spouses have to file the same way—either you both itemize or you both use standard deduction. Your tax rate will be higher than on a joint return.
Some of the disadvantages of filing separately include:
You cannot get earned income credit,
You cannot get education credits or deductions for student loan interest.
You cannot get the childcare credit
You have a lower amount of income on which to base the refundable additional child tax credit
85% of your Social Security benefits will be taxable even with no other income
The amount you can contribute to a retirement account will be limited.
Capital loss deduction is less than if you file jointly
You cannot get the $6000 senior deduction
You cannot get the deductions for overtime or tips
If you live in a community property state, you will be required to provide additional information regarding your spouse’s income. ( Community property states: AZ, CA, ID, LA, NV, NM, TX, WA, WI) and your returns become very complicated.
If you are using online TurboTax to prepare your returns, you will need to prepare two separate returns and pay twice since with online, you get one return per fee.
https://turbotax.intuit.com/tax-tips/marriage/should-you-and-your-spouse-file-taxes-jointly-or-separately/L7gyjnqyM?srsltid=AfmBOopGqCNexowW0pYgvsf7ycIkrx4VjO_63UXv6vSnfu3UEGQiKQTh
https://ttlc.intuit.com/turbotax-support/en-us/help-article/income/getting-married-mean-taxes/L2RgmagpE_US_en_US?uid=m69on7t0
https://ttlc.intuit.com/turbotax-support/en-us/help-article/taxation/married-filing-separately-community-property/L11CeLUMs_US_en_US?uid=m69ousyh
February 28, 2026
4:38 PM
The login window pops up - I enter the correct info, and get the response "not recognized". What I see is that the URL is not pointing to morganstanley.com, it is some other SSO. Did I just leak my p...
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The login window pops up - I enter the correct info, and get the response "not recognized". What I see is that the URL is not pointing to morganstanley.com, it is some other SSO. Did I just leak my password? Thankfully I have 2FA enabled.... So, what to do? This is the only reason I am paying for Premier edition, to get my tax forms from stock managers.
February 28, 2026
4:37 PM
I received the letter in the mail a day after I was supposed to receive my refund, according to Turbo Tax 21 days. The letter contained a 14 digit control number to verify my identity, even though I h...
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I received the letter in the mail a day after I was supposed to receive my refund, according to Turbo Tax 21 days. The letter contained a 14 digit control number to verify my identity, even though I had previously used ID me with an authenticator. I am concerned I am being scammed.
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February 28, 2026
4:37 PM
Go to Forms mode first - On the main menu bar go to View > Go To Forms, or click the Forms icon at the top left of the tax return window. To return to Easy Step do similar steps. There's a Form...
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Go to Forms mode first - On the main menu bar go to View > Go To Forms, or click the Forms icon at the top left of the tax return window. To return to Easy Step do similar steps. There's a Forms menu on the main menu bar.
February 28, 2026
4:36 PM
It depends. Without knowing your specific selections the reasons are not available. The following are steps to let TurboTax know you want to mail your return and then an address will be provided.
...
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It depends. Without knowing your specific selections the reasons are not available. The following are steps to let TurboTax know you want to mail your return and then an address will be provided.
How do I file my return by mail?
How do I contact my state Department of Revenue?
If you want to provide your state name I will provide you the mailing address.
February 28, 2026
4:36 PM
Personal residence was converted to rental use in late 2024, with active (but not material) participation. On the 2024 return, I entered the # of rental days and TT correctly prorated the deduct...
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Personal residence was converted to rental use in late 2024, with active (but not material) participation. On the 2024 return, I entered the # of rental days and TT correctly prorated the deductible expenses, etc. to come up with a net rental loss of $2500. That's well below $25,000, so TT correctly deducted the full $2500 loss on Schedule 1, line 5, of the 2024 return. However, fast forward to this year ... The property was rented for all of 2025. TT Premier (Windows 2025) ported all 2024 information over to 2025, so it should "know" that the $2500 loss from 2024 was already deducted. Yet it's treating it as a "vacation home loss limitation" carryover for 2025 and allocating it pro rata between Depreciation (line 18) and Other (line 19). Intuitively, this doesn't seem right - why should I get a tax benefit from the same $2500 deduction/loss in both 2024 and 2025? I don't want to give up a $2500 tax benefit for 2025 if I don't have to, so I'm hoping someone will be able to explain why TT is doing this. Or, if I'm right that it's not correct, how do I fix it in TT? I don't see any box to check/uncheck, so do I just have to do a manual override? Thanks in advance!
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February 28, 2026
4:35 PM
Hi, I have taken my RMDs as QCDs for the past five years. One year, the IRS "missed" the X next to QCD and sent me a bill with penalties for my whole RMD. I was able to get it straightened out, b...
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Hi, I have taken my RMDs as QCDs for the past five years. One year, the IRS "missed" the X next to QCD and sent me a bill with penalties for my whole RMD. I was able to get it straightened out, but it caused me a lot of stress, time, and anxiety. They said they had just "missed" seeing the X and sent me a huge tax bill (for the RMD). Since that year, I have always clicked on line 4B and the QCD notation, and added an explanation statement such as: The gross amount of the distribution, $xxxx, is included on line 4a. The QCD notation is included next to line 4b to indicate why the taxable amount, $0, is less than the gross amount. I am working on my taxes now and do not see any way to add the Explanation Statement! I am using the Desktop Premier version of Turbotax. Is there any way to add an explanation statement? I do not want to have to deal with the IRS again about this. Thank you!
February 28, 2026
4:34 PM
I filled out the 529 Q form on turbo tax and I keep getting the same needs review message asking me to do the same 3 things: convicted of a felony? complete first 4 years of a 1/1/26? at least ha...
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I filled out the 529 Q form on turbo tax and I keep getting the same needs review message asking me to do the same 3 things: convicted of a felony? complete first 4 years of a 1/1/26? at least halftime work load? I've answered each of them over and over. I've deleted the form and reentered it. It won't take. Our distribution went towards our kid's college credit course he took in high school in 2025. This is very frustrating. We've been trying to file for weeks now and Turbo Tax is broken. Any suggestions?