All Posts

  Thanks for the reply.  Are you a tax professional?  But still confused.   I will file an amendment to tax year 2024 to reflect using $3,000 of the carry over credit earned in 2023 and showing $1,500 still left for future filings.   However, since that process can take several months, how do I file tax year 2025?  Do I file without any carry over since IRS has not yet processed the amendment?  Do I file 2025 as if IRS agreed and processed the amendment to 2024?   Thanks

We at Intuit TurboTax want our users to be completely delighted with their experience using our products and services, and successful in their financial lives and businesses. Once you file your return, as long as the settings to receive communication from Intuit don’t block it, you will see a pop-up message or receive an email with a survey asking you about your experience. We encourage you to leave your notes and comments there. “Voice of the Customer” notes and comments are read and acted upon.  If you are using TurboTax Desktop, you can also leave feedback at the Final Steps tab.

@Lsmitho    Folks who Upload PDFs or Pictures will see some major errors.   Either delete each form you uploaded...one-by-one, until you find the one that has the error. OR Edit each form you uploaded or imported and see if you can find the erroneous entry (or entries) _________________________ You should always "edit" every form you upload or import to check/confirm where all the numbers ended up.....and to answer critical follow-up questions.   Direct imports from providers rarely have major problems....but Upload of PDFs or Pictures of forms can have MASSIVE errors  (which is why I refuse to use PDF or Picture uploads of forms)

I was having the same issue (for weeks) - linking the worksheets. However, tried something on my own as no good Intuit support. I deleted the "student" and "people" worksheets. Then, I went into the "interview" process (instead of entering student responses on the 'actual" worksheets). By answering the student-related questions through the interview process, it populated both worksheets correctly - no "link: issues. I was also able to then complete the return, and successfully e-file it (so no behind the scenes conflicting data issues, etc.) I hope this also works for you! 🙂

There are a lot of things that are daunting about getting that list of transactions from your trades for the year.  A thousand transactions with all those pennies can be weird.  You've got a couple ways to handle it that aren't as difficult and I'll walk you through those and then give you a good article that you can read if you want to.   To begin with your cryptocurrency transactions are in the Wages and Income section of your federal return.  Scroll down to 'Investment Income' and you'll see them there.  Then you've got a couple of ways to get them into your return.   The first way is to import all of those transactions.  That's fastest and would be easiest but the import function isn't ready in TurboTax yet.  You can decide to take this option and come back at the end of February and you'll be able to have TurboTax just pull all those numbers in and enter them directly into your tax return.   The second option is to ignore all of those numbers and just enter the totals at the bottom of the sections.  The total amount of short term transactions with the basis reported to the IRS, the total amount of short term transactions without the basis reported to the IRS, and so on.  You will just enter those totals into the return and the system will tell you whether you owe money or have a refund just like every year.  Then you will file your return electronically.  The system will also give you a form 8453 to print.  You will print that form along with all of those crypto transaction pages that you received and mail those in.  The IRS will match them up with the return that you filed electronically and you will be all set.   You can also - after you enter the totals - just print and mail your entire tax return and include the forms for the cryptocurrency transactions with that.  But that slows return processing time way down.   Here is some more information on cryptocurrency and TurboTax.  Come back here with more specific questions if you need more help.  

Just got off the phone with a TurboTax rep. Apparently they’ve got their top depreciation specialist on it — one guy, elite, working a highly strategic 37 minutes per day to ensure maximum accuracy. He assured me it’ll be ready “by February… but likely sooner,” which is incredibly reassuring because we are, in fact, currently in February. Progress is happening.

You already know more than any of the"Tax Experts" I have had on two prior calls.  They have no answer other than to try again, and until now I see this is the best way to get an update.  Having said that, today is the 18th and it is still an open issue.