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a month ago
This information helped me get my IP PINs added in order to resubmit for e-filing, but how did I miss it before? I went through the prepare for filing steps multiple times and was never asked about it.
a month ago
Depending on what state you live in, you may be able to take the standard deduction for your Federal tax return and itemize deductions for your state taxes. Some states let you file differently and s...
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Depending on what state you live in, you may be able to take the standard deduction for your Federal tax return and itemize deductions for your state taxes. Some states let you file differently and some states mandate that you take the same deduction that you took on your federal tax return.
Several states allow you to itemize deductions on your state return even if you claimed the standard deduction on your federal return to maximize your tax benefits. States allowing this include Alabama, Arizona, Arkansas, California, Delaware, Hawaii, Idaho, Iowa, Kentucky, Minnesota, Mississippi, Montana, New York, North Carolina, Oregon, and Wisconsin. You can also Google if your specific state allows this to verify.
You will enter all of your itemized deductions on your federal return input screen first and TurboTax will transfer them to your state return. Then select to take the standard deduction on your federal return. You can use the instructions below if you need to change your deductions that TurboTax chose for you.
When you prepare your state return you will be given the option to itemize if your state allows it. But the itemized deductions still need to be entered on the federal return before preparing your state return.
If you are using TurboTax Online you can manually change your deduction as follows:
In your left panel scroll down to "Tax Tools"
Click on "Tools"
Click on the box "Topic Search"
In the box that says "I'm looking for:" type in "Standard Deduction"
This will take you to the page "Based on what you told us..."
Here you can change your deduction by clicking the box "Change my Deduction"
If you are using TurboTax Desktop, you can manually change your deduction as follows::
Go to "Federal Taxes" tab in the gray bar at the top of your screen
Select the "Deductions & Credits" tab (under Federal Taxes in the gray bar at the top of your screen
Click on "I'll Choose What to Work On"
Select "Continue" at the bottom of the page
Select "Continue" on the next page that says "Let's Check Your Deductions and Credits"
Select "Continue" on the next page that says "Here Are Your 2024 Deductions & Credits"
The following page will give you the opportunity to change your deduction by clicking on the box "Change my deduction"
Click here for What's my standard deduction for 2025?
Click here for Standard Deduction vs. Itemized Deductions: Which Is Better?
Click here for additional information on changing your deduction.
Please return to Community if you have any additional information or questions and we would be happy to help.
a month ago
The form I'm using does not have the farm schedule on it.
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a month ago
It depends. If you have a capital loss carryover from 2024, then you will enter that loss under Investment Income, selecting Capital Loss Carryover.
Please clarify with more detail exactly what...
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It depends. If you have a capital loss carryover from 2024, then you will enter that loss under Investment Income, selecting Capital Loss Carryover.
Please clarify with more detail exactly what this capital loss if from if not a sale and we can provide more direct guidance on how to report it. If you are referring to a worthless security use the instructions below. Make sure it is completely worthless with documentation.
To enter worthless stock as investment sales: (You should use the description as 'Worthless'.)
Open (continue) your return in TurboTax.
In the search box, search for investment sales then click the "Jump to" link in the search results.
Answer Yes to the question Did you sell any investments?
If you land on the Here's the investment sales we have so far screen, click Add More Sales.
Answer No to the 1099-B question, if it doesn't ask just select the 'Other' box.
On the next screen, select the type of sale you had (stock, second home, collectible, land etc.) and click Continue.
Continue following the onscreen instructions to enter the sale. Sale date should be December 31st.
Helpful Information:
IRS FAQ -Worthless Security
a month ago
How do I enter multiple QCDs from one IRA into TurboTax? Do I just enter the total of all of them?
a month ago
Hello - I am filing Wisconsin Form 2 (Wisconsin fiduciary income tax for estates or trusts) and will be getting a refund 2025... but TurboTax keeps telling me I need to file Schedule U (Underpaym...
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Hello - I am filing Wisconsin Form 2 (Wisconsin fiduciary income tax for estates or trusts) and will be getting a refund 2025... but TurboTax keeps telling me I need to file Schedule U (Underpayment of Estimated Tax by Individuals, Partnerships, and Fiduciaries). This is obviously erroneous as I actually overpaid (hence the refund). When I execute the review of my state taxes, Schedule U pops up and the verbiage on the page says: "You have an underpayment penalty. Your taxable income on Form 2, line 5 is more than $225,000, or you have nondistributable capital gains on Schedule WD, line 16." Neither of these conditions is true. In fact, there is not even a Schedule WD as part of this Form. (Form 2 uses Schedule 2WD.) Additionally, Schedule U does not retain any changes when I go into the form to edit it with information such as last year's tax liability, so it looks to me like it might Schedule U might just be buggy? One more data point that tells me that may be the issue is that if I go in the view Schedule U in pdf form, I get an error that says "An error exists on this page. Acrobat may not display the page correctly. Please contact the person who created the PDF document to correct the problem." Schedule U is that only page that I get that Acrobat error... so I do believe the issue is with the software. Can someone please review Schedule U for Wisconsin Form 2 and get this fixed? Thank you.
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a month ago
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a month ago
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a month ago
If you received a "Success" message but your data hasn't appeared in TurboTax, it is likely due to recent browser security updates regarding Local Network Access.
To fix this you need to allow ...
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If you received a "Success" message but your data hasn't appeared in TurboTax, it is likely due to recent browser security updates regarding Local Network Access.
To fix this you need to allow TurboTax to securely retrieve your data through your browser settings:
Locate the View Site Information icon (the "tune" or "lock" icon) on the far left of your address bar, just before the URL.
Find Local Network Access in the dropdown menu.
Toggle the switch to ON.
Refresh the page and attempt your import again.
If permissions aren't the issue, one of the following factors may be at play:
Brokerage Delays: While most forms arrive by January 31, many brokerages delay Consolidated 1099s (like the 1099-B) until mid-February due to complex reporting requirements.
Availability: Your brokerage must specifically "release" the import file to TurboTax. If it isn’t ready, we recommend checking back.
Connection Blocks: Active VPNs or aggressive Anti-Virus software can occasionally block the import feature between your bank and TurboTax. Try disabling them temporarily or switching to a different browser.
Helpful TurboTax Articles:
What if I can't import my 1099?
How can I fix my 1099 import issue?
How do I import my 1099s?
How do I enter a large number of stock transactions in TurboTax?
a month ago
Sometimes box d is blank. Leave it blank when you enter the information from your W-2.
a month ago
I HAVE NOT STARTED NY 2025 TAXES
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a month ago
If this is done, Massachusetts taxes will need to be paper filed as it says returns with a withholding that is not on a 1099-G or other common forms cannot be electronically filed. Is there a workaro...
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If this is done, Massachusetts taxes will need to be paper filed as it says returns with a withholding that is not on a 1099-G or other common forms cannot be electronically filed. Is there a workaround for the paper filing?
a month ago
there are no taxes listed on my 1098. do i leave it blank?
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a month ago
@xpatrick22 wrote: i have 3 differerent brokerages and all 1099Bs are ready by Feb 14, every single year it's feb 14. they give a date and they stick to it. UNLIKE intuit Good for you. I know...
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@xpatrick22 wrote: i have 3 differerent brokerages and all 1099Bs are ready by Feb 14, every single year it's feb 14. they give a date and they stick to it. UNLIKE intuit Good for you. I know a ridiculous number of people (friends, family, clients) who have waited until the first week of March for their consolidated 1099s.
a month ago
I would if i haven't paid for this POS already. you gonna give me a refund?
a month ago
How can I change my GA state tax return to itemized deductions if my federal return is using standard deductions
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a month ago
There is an update regarding your tax return. Depending on which version of TurboTax you are using, please follow the steps below to complete your filing:
1. Log in to TurboTax
2. Go to your...
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There is an update regarding your tax return. Depending on which version of TurboTax you are using, please follow the steps below to complete your filing:
1. Log in to TurboTax
2. Go to your Federal Return
3. Navigate to the Deductions and section
4. Follow through as before to the Energy efficient home improvements topic
5. Answer as before until the 'Did you install improvements or replacements for enabling property?' Answer Yes
6. Select all that apply for 'Improvements or replacements installed for enabling property' - a selection must be made if an amount and/or QMID is entered. At least one checkbox must be checked. Alternately, remove the entries for amount and QMID if they don't apply.
7. Continue as before 8. Complete review and retransmit your return. ProSeries: Verify the entries for Form 5695, Energy Efficient Home Improvement Credit, If enabled property improvements are claimed, the type of enabled property is a required field. Please review the reason for the reject.
If the reject continues, you may want to file this return via U.S. Mail: print and mail it to the appropriate taxing
a month ago
@user17713660109
To access your current or prior year online tax returns sign onto the TurboTax website with the User ID you used to create the account - https://myturbotax.intuit.com/
When ...
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@user17713660109
To access your current or prior year online tax returns sign onto the TurboTax website with the User ID you used to create the account - https://myturbotax.intuit.com/
When you sign onto your online account and land on the Tax Home web page, scroll down and click on Add a state.
This will take you back to the 2025 online tax return.
Click on Tax Tools on the left side of the online program screen. Then click on Print Center. Then click on Print, save or preview this year's return. Choose the option Include government and TurboTax worksheets