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a month ago
If you are referring to a Summary screen for income, that does not take into account it is not taxable income.
Look at the Form 1040 Line 4b for the taxable amount of the IRA withdrawal, if any.
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If you are referring to a Summary screen for income, that does not take into account it is not taxable income.
Look at the Form 1040 Line 4b for the taxable amount of the IRA withdrawal, if any.
You can view your Form 1040 plus Schedules 1, 2 and 3 at any time using the online editions. Click on Tax Tools on the left side of the online program screen. Click on Tools. Click on View Tax Summary. Click on Preview my 1040 on the left side of the screen.
a month ago
2 Cheers
In the My Info section, it starts with the page "What is xyz'z relationship to you? in the next page, Let's start with some info about your child - ask just the first name, last name, date of birth a...
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In the My Info section, it starts with the page "What is xyz'z relationship to you? in the next page, Let's start with some info about your child - ask just the first name, last name, date of birth and citizenship. Next page is xyz's Additional Info - asks Son/Daughter question, Lived with you whole year?, Was all the time in the US?, Who are legal parents? Then, on the next page, "Less common situations for xyz" questions are "Adopted, Foster Child, Disabled, Passed away, Married, Paid for more than half of living expense & Was financially supported by a relative & None of these apply. That's all the questions I see in all the pages. In the next and final page, ask for SSN. Once I provide it, all steps are complete. Now where is the "tell us more about (dependent's name) situation hiding, I do not know.
a month ago
It is not reportable on the Federal return if you took the standard deduction in 2023.
a month ago
You can choose Tax Tools on the left of your screen, then Clear and Start Over. Or you can just stop working, we won't transmit anything without your authorization.
See: How do I clear and star...
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You can choose Tax Tools on the left of your screen, then Clear and Start Over. Or you can just stop working, we won't transmit anything without your authorization.
See: How do I clear and start over?
a month ago
Purchased from Amazon
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a month ago
Yes, there should be an update on or about Thursday night (2/19) that will resolve the issue.
a month ago
TO FIND A 1095-A with healthcare.gov
How to find your 1095-A online
Log in to your account.
Under "Your Existing Applications," select your 2025 application — not your 2026 application.
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TO FIND A 1095-A with healthcare.gov
How to find your 1095-A online
Log in to your account.
Under "Your Existing Applications," select your 2025 application — not your 2026 application.
Select “Tax Forms."
Download all 1095-As.
Get screen-by-screen directions, with pictures (PDF, 504 KB).
To enter your 1095A go to Federal>Deductions and Credits> Medical>Affordable Care Act (Form 1095A)
a month ago
In the Investment section of the program, on the screen How do you want to add your docs? select Upload
To enter an investment sale -
Click on Federal Taxes (Personal using Home and Business)...
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In the Investment section of the program, on the screen How do you want to add your docs? select Upload
To enter an investment sale -
Click on Federal Taxes (Personal using Home and Business) Click on Wages and Income (Personal Income using Home and Business) Click on I'll choose what I work on (if shown) Under Investment Income On Stocks, Cryptocurrency, Mutual Funds, Bonds, Other (1099-B, 1099-DA), click the start or update button
Using the online editions -
On the screen Did you have investment income in 2025? click on Yes
On the screen Save time and connect your financial accounts click on Enter a different way
a month ago
How is a Roth IRA deduction reported in TurboTax? Why does it appear to count as income?
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a month ago
I don't believe it is possible to import a file with donated items into the 2025 iterations of TurboTax.
a month ago
I expect that the amount of state estimated tax entered for 2025 (i.e., the amount paid in 2025) would show up in Schedule A, line 5a. In my case, the TurboTax number is about 1.5% less than what I e...
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I expect that the amount of state estimated tax entered for 2025 (i.e., the amount paid in 2025) would show up in Schedule A, line 5a. In my case, the TurboTax number is about 1.5% less than what I entered. Could this be an error? Is there anything else that could cause this discrepancy? I did *not* itemize deductions in my 2024 tax return.
a month ago
I downloaded my 1099-DIV from Fidelity and imported into TurboTax, but while the numbers are showing as having been correctly imported TurboTax did not assign any tax due to them - in other words, my...
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I downloaded my 1099-DIV from Fidelity and imported into TurboTax, but while the numbers are showing as having been correctly imported TurboTax did not assign any tax due to them - in other words, my Federal refund did not change but in fact it should have gone down considerably. Any ideas?
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a month ago
To report your Form 1099-R distribution for your inherited IRA, which includes the amount of the RMD, do the following:
Return to your 1099-R entry by clicking Review to the right of IRA, 40...
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To report your Form 1099-R distribution for your inherited IRA, which includes the amount of the RMD, do the following:
Return to your 1099-R entry by clicking Review to the right of IRA, 401(k), Pension Plan Withdrawals (1099-R) in the Federal Wages & Income
Click on the pencil to the right of the 1099-R
Click Continue through the entries you've made
Ensure you selected, I inherited this IRA, Continue
Enter the information about from whom it was inherited, Continue
Answer the, "Did you have nondeductible contributions for this IRA?", typically "No", Continue
Year when the person from whom you inherited IRA was born, Continue
Next, "Let's get more information about your RMD", enter the distribution amount (which in your case is also the RMD), Continue
Next, select, The entire distribution applied to the December 31, 2025 RMD, Continue
Next, in the Review your 1099-R summary, Continue (not the pencil)
Continue answering the questions
Next, when you see "Let's go over any required minimum distributions (RMD), select Continue (not the pencil)
Follow the above steps for each of your Form 1099-R entries (if applicable).
If you still receive alerts about RMDs, be sure each number is exact for each box. It's a good idea to carefully review, especially if imported.
If after doing the above steps, you receive alerts, you may go in and remove the Form 5329 (if one was generated), since you know it is all correct.
To delete Form 5329:
Go to Tax Tools on the right hand panel inside of TurboTax
Click on the down arrow and scroll down to Tools
Click on Tools and select Delete a form from the menu items that appear in the Tool Center
Click on the trash can icon to the right of Form 5329
a month ago
1 Cheer
You don't need dependents to get the Earned Income Tax Credit.
"To qualify for the EITC, you must:
Have earned income
Have investment income below the limit
Have a valid Social Secur...
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You don't need dependents to get the Earned Income Tax Credit.
"To qualify for the EITC, you must:
Have earned income
Have investment income below the limit
Have a valid Social Security number by the due date of your return (including extensions)
Be a U.S. citizen or a resident alien all year
Not file Form 2555, Foreign Earned Income
Meet certain rules if you are separated from your spouse and not filing a joint tax return"
See the IRS circular on Who qualifies for the Earned Income Tax Credit
a month ago
TurboTax gives you an estimated date for receiving your refund based on a 21 day average from your date of acceptance, but it can take longer. “21 days” is not a promise from TurboTax or the IRS. ...
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TurboTax gives you an estimated date for receiving your refund based on a 21 day average from your date of acceptance, but it can take longer. “21 days” is not a promise from TurboTax or the IRS.
First, check your e-file status to see if your return was accepted:
https://turbotax.intuit.com/tax-tools/efile-status-lookup/
Once your federal return has been accepted by the IRS, only the IRS has any control. TurboTax does not receive any updates from the IRS. Your ONLY source of information about your refund now is the IRS.
You need your filing status, your Social Security number and the exact amount (line 35a of your 2025 Form 1040) of your federal refund to track your Federal refund:
https://www.irs.gov/refunds
To track your state refund:
https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-refund/track-state-refund/L3jgO8PGs_US_en_US?uid=lt447ebr
If you chose to have your TurboTax fees deducted from your federal refund, that will take some extra time, while the third party bank handles the refund processing
https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-refund/refunds-take-longer-others/L14YlqFrH_US_en_US?uid=lexdr7zh
.
https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-refund/irs-refund-taking-longer-21-days/L2vRAJbdU_US_en_US?uid=lexe7lst
If you are getting earned income credit on line 27 or additional child tax credit on line 28 You are subject to the delay required by the PATH act. Do not expect your refund before early March
https://ttlc.intuit.com/turbotax-support/en-us/help-article/internal-revenue-service/federal-refunds-delayed-due-path-act/L5jnQJsBi_US_en_US
Note: “Accepted” is not the same as “approved”. TurboTax tells you the e-file was accepted if the IRS deems that there is enough information on the return for them to take it in for processing. Only the IRS can approve of the refund, which is a later stage of processing. If the IRS approves your refund they will provide a date for the refund to be issued.
FROM THE IRS WHERE’S MY REFUND SITE:
https://www.irs.gov/wheres-my-refund
How it works
Where's My Refund shows your refund status:
Return Received – We received your return and are processing it.
Refund Approved – We approved your refund and are preparing to issue it by the date shown.
Refund Sent – We sent the refund to your bank or to you in the mail. It may take 5 days for it to show in your bank account or several weeks for your check to arrive in the mail.
a month ago
I sold my home within 24 months of my spouse's death yet TurboTax Premier for the Mac is only giving me a $250,000 exclusion when it should be $500,000. Why? This appears to be a major 'bug' in the...
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I sold my home within 24 months of my spouse's death yet TurboTax Premier for the Mac is only giving me a $250,000 exclusion when it should be $500,000. Why? This appears to be a major 'bug' in the software.
Case 1 176921060152 status is 'closed' but as of today, 02/15/2026 , the problem still exists.
a month ago
State: Georgia
Token: 13563678288331769-65659530
I am still getting the message that depreciation and amortization is not ready. I sent you the file via online per your instructions. I have Tur...
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State: Georgia
Token: 13563678288331769-65659530
I am still getting the message that depreciation and amortization is not ready. I sent you the file via online per your instructions. I have TurboTax Desktop.
a month ago
I'm confused, when I input prior depreciation (which is as it should have been, not what it actually was because in some cases none was taken and others it was wrong) it indicates I shouldn't input a...
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I'm confused, when I input prior depreciation (which is as it should have been, not what it actually was because in some cases none was taken and others it was wrong) it indicates I shouldn't input as it should have been if I am going to use a Form 3115. Does TT have some kind of spreadsheet or something for entering each asset each year for the Form 3115 that will flow that prior year depreciation to the 25 worksheet for that asset? If not, that doesn't sound right and my, admittedly minimal, research indicates that it should be entered as it should have been. I'm not sure what to do? Please help. TYIA.
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a month ago
In hawaii
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a month ago
There is no option to just up load a file for 1099-b and I don’t know where to find the answers to what the Manuel option is asking me
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