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Same problem, I cannot get Apex Clearing to import, keep getting a 103 error.  Manually entering forms is not an option, the ONLY reason I use TT is because of the import function.   What other steps can be taken to fix the Apex import capability?

@Findir @dtayl190 there's been multiple updates from Intuit in this thread and others in this forum that it's currently expected in a release some time on Thursday night i.e. should be available on Friday 2/20.

I have the same situation of converting 401k in Roth in December and TT proposed an underpayment penalty. I selected annualized returns and the questionnaire after that is a maze. I am being asked to describe per quarter the interest incomes and capital gains and deductions. Honestly I dont know - I get annual statements and dont really track which quarter what was paid. How do I sanely fill out the 2210 form?

Code 2 was incorrect, this could only be used if the excess was returned within the original deadline (April 15, 2023).  This should be code 1 (normal distribution).   To remove the excess contribution, this must be reported as a regular withdrawal that was not used for medical expenses.  That will subject it to income tax plus a 20% penalty, but it will remove the ongoing excess issue.     As to why you have to pay tax again?  Because that's the rule.  All withdrawals that are not used for medical expenses are subject to income tax plus a penalty.  The fact that a withdrawal not used for income tax is the only way to clear an excess when you miss the intended deadline (April 15 of the next year) is unfortunate, but that's how the law is written.   The other solution would be to leave the excess in the account and keep paying 6% (instead of paying 22% plus 10%) until you re-enroll in an HDHP and are eligible to make new contributions again, or you spend the account down to zero. 

SteamTrain:  Thank you very much for your response and links to possible solutions.  However, I went a different route.  Wondering if Schwab had simply not released data for TT import, I waited until today (02/18/2026) and re-ran the import process without any of the suggested solutions.  The import was flawless as far as I can tell.  Don't think I installed any TurboTax updates in the interim but I did choose "Allow" when asked today about giving some rights (didn't think to do a screen capture) to ttd-fdp-ui-config-v2.app.intuit.com/... .  Today's screen looked different that the one in my original post which specifically asked to allow a search of other computers on my network. Thanks again for your response and guidance. 

It depends. If you have SALT that is not related to any excluded income on your return, you will enter the full amount of your deduction from Schedule A.  To arrive at  net investment income (NII), items are reduced by deductions allowed against the income tax that are properly allocable to those items of gross income or net gain.   Line 9b - State, Local and Foreign Income Tax: You can determine the portion of your state, local, and foreign income taxes; state, local, and foreign real property taxes; as well as state and local personal property taxes allocable to NII using any reasonable method. See Reasonable method allocations, earlier.   Enter the amount of state, local, or foreign income taxes; state, local, and foreign real property taxes; as well as state and local personal property taxes on Form 8960, line 9b.

Let's start with your original question regarding calculation of credit: The credit will be the lower of the state tax liabilities on the same gross income. Differences in tax rate along with differences in how the taxable income is calculated will create different state taxable amounts. IL tax is based on your entire income for the year times the IL percentage. So it can look like it is taxing all your income. Line 48 shows the percentage of income earned in IL. Due to the calculation differences, IN tax on the income is $1795 and they will not give you credit larger than the IN tax on the same income. IL has a higher tax rate (4.95%0  than IN (3%), so that difference is what you pay for working in IL. Add the local tax and you have your return complete.

Yes, you can still amend the 2021 tax return, but you must do it by the end of this tax season.   To amend a 2021 return in TurboTax,  Sign in to the same account used for the original filing,  Go to Tax Home, and  Select "Amend (change) return" for 2021.  You can watch the TurboTax video How do I amend my federal tax return for a prior year?    

You filled out the top half correctly, but the "Total" column needs to show the full reality of the gift before the split.   Schedule A, Part 1 (Top Half): You list the son’s info and the full $50,000 in column (G). You enter $25,000 (the portion to be split with your spouse) in Box H Line 3: Subtract line 2 from line 1. You are left with $25,000 as your share. This is reported in Box I. Go to part 4 of the form, enter $25,000 in line 1 and $19,000 in line 2. enter the result in line 3. Should be $6000. Now for your wife, she should complete the "bottom half" of Schedule A in the Gifts by Spouse section and then perform the same procedure that I mentioned above. Even though she didn't make "additional" gifts, the IRS considers the $25,000 she is "taking" from you as a gift "made by spouse."   Don't forget the most important part to make the "Split" valid:   On your form: You must check the "Yes" box on Line 12 and enter her name. She must sign and date under the "Consent of Spouse" section on Line 18. On her form: She must check the "Yes" box on Line 12 and enter your name. You must sign and date her form on Line 18. @mtr61378   

The QMID code is a specific code that can be found on your manufacturer's documentation, itemized invoices, or the IRS Energy Credits Online (ECO) portal.    If you do not have a QMID (Qualified Manufacturer ID) for your product, you can contact the manufacturer directly to request their 4-digit code. The QMID is assigned to the manufacturer, not the installer.    You can also try checking with your installer for it or it may be on your  "Manufacturer Certification Statement," which should list the necessary information for Form 5695, including your QMID.    Click here for Energy Efficient Home Improvement Credit qualified manufacturer requirements Click here for What Is the IRS Form 5695?   Click here for Instructions for Form 5695 Please return to Community if you have any additional information or questions and we would be happy to help.