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I transfer the whole amount from Washington state GET to 529 plan in 60 days. This is direct trustee to trustee transfer, but TurboTax shows taxable income. 'Trustee-to-trustee transfer' option check... See more...
I transfer the whole amount from Washington state GET to 529 plan in 60 days. This is direct trustee to trustee transfer, but TurboTax shows taxable income. 'Trustee-to-trustee transfer' option checked, but changed my taxable income. Why is it?
My wife's brokerage account has sales too numerous to enter by hand, and importing doesn't seem to work right (problem at broker's end, we think) so I simply enter summaries on Form 8949.   Last ye... See more...
My wife's brokerage account has sales too numerous to enter by hand, and importing doesn't seem to work right (problem at broker's end, we think) so I simply enter summaries on Form 8949.   Last year, Turbotax told me I needed to send in Form 8453, with the brokerage 1099-B (and maybe related Forms 8949).   This year, it's not doing so.   I am aware of the excellent answer here (https://ttlc.intuit.com/community/taxes/discussion/i-e-filed-my-return-the-filing-instructions-tell-me-to-snail-mail-form-8453-amp-8949-to-some-address/01/777297#M309622) but this doesn't seem to explain the difference from last year.   There most definitely ARE wash sale adjustments this year, but only on type A and D transactions; the few type E transactions are explicitly listed.      
If you are in the process of efiling, and it's asking for an email verification code, no one in this user community forum can send you a code to another email address, but here's the workaround:   ... See more...
If you are in the process of efiling, and it's asking for an email verification code, no one in this user community forum can send you a code to another email address, but here's the workaround:   Are you not receiving the code in your email?  In that case, check your email's spam/junk folder to see if it might have ended up there.   You can also change the email address if desired (using the steps below.)   You can go to your settings in your Intuit account and change and/or verify your email address there if it's not verified. In the left menu column scroll way down to Intuit Account. Then once in the Intuit Account settings choose tab Sign In & Security. See if your email address has a tiny link beside it that says "not verified".  If so, click that to verify. Perhaps once you verify it there in the account settings, it won't ask you to verify it again when you are efiling. Or you can change the email address there that you want to use for notifications, if desired. If after all that, you still can't resolve your issue, here's how to reach TurboTax Support  5AM-9PM Pacific, 7 days per week..   FAQ: What is the TurboTax phone number? https://ttlc.intuit.com/community/using-turbotax/help/what-is-the-turbotax-phone-number/00/25632   If you use Free Edition and don't have phone support, another way to reach them if you have social media is to direct message a Support agent: https://x.com/TeamTurboTax or https://www.facebook.com/turbotax
You must file a return for her. You will have to pay Kiddie tax on some of that gain. 
No. You must have Win 11. 
Do I need to amend tax return if only correcting Form 8606 traditional IRA basis that doesn't impact taxes?  Line 2 on Form 8606 was incorrect.  It showed $7000, but should have been $0.  Can I just ... See more...
Do I need to amend tax return if only correcting Form 8606 traditional IRA basis that doesn't impact taxes?  Line 2 on Form 8606 was incorrect.  It showed $7000, but should have been $0.  Can I just update the form and mail to IRS?
@MonikaK1   As I said in my original post "The fact that this form was already filled out and I am merely double-checking entry by entry before submitting my completed return".  My comment refers to ... See more...
@MonikaK1   As I said in my original post "The fact that this form was already filled out and I am merely double-checking entry by entry before submitting my completed return".  My comment refers to double-checking my work by going through every single entry that I made from the beginning to the end of TTax in order to verify that I did not make any errors.   As others have stated, the entry form for SSA income cannot be entered once it has been completed.  It jumps immediately to the section on foreign residency, skipping the page to enter SSA 1099 data.  This is a serious error in the program.  Of course, I can double check my work by opening 'forms' but that does not show me the hand-holding Q&A for entry.   I'm using the Mac version of Premier Desktop.   After deleting the SSA page and reentering data and continuing to the end of the entry of all items, I have saved and closed TTax.  Before posting this reply, I opened TTax again and checked the SSA form.  It opens *correctly* so perhaps I had some error in my prior entry which was made earlier, at least 2 version releases since then.  I had to delete the form in order to be able to enter the data and allow the page to open correctly.    Seems like there should have been an error instead of just skipping the page.   Anyway, all is well that ends well and I'm sorry for the rant I made in my frustration over the bad experience I was having after hours of tax data entry.
Hello   Sorry to hear about your issue with form 5695, Energy credits. To better understand why you are having issues, the Community needs to know what exactly you’re trying to claim credit on? Al... See more...
Hello   Sorry to hear about your issue with form 5695, Energy credits. To better understand why you are having issues, the Community needs to know what exactly you’re trying to claim credit on? Also, I pay for the Max benefits with Turbo Tax (TT) to get the support with an expert when I am stuck or have questions with my returns.  Have you asked the TT experts? Another advise is to wait a little longer to get the feedbacks to answer your questions specifically to your submission or claim of credits.   Good luck 
The bug seems to be related to the system not allowing the checkbox in Part IX - FYTC on Form 3514 to select checkbox 31a. It just keeps disappearing when clicking. Even when I override the amounts f... See more...
The bug seems to be related to the system not allowing the checkbox in Part IX - FYTC on Form 3514 to select checkbox 31a. It just keeps disappearing when clicking. Even when I override the amounts for line 34 and 35, it throws and error on the data check step at the end and then removes the FYTC from the refund amount.  Therefore, I can't override it, the refund is understated by the full $1,189 credit and all the criteria for the credit are met - yes on the CA EITC, yes on foster care after the age of 13 and yes the California Earned Income is below the threshold.  Already deleted the CA return and started over - same issue. 
Thank you; initially I didn't check that box I just entered zero but the next screen gave me the three options mentioned, none of which applied.  But I figured it out; I had to choose the one that sa... See more...
Thank you; initially I didn't check that box I just entered zero but the next screen gave me the three options mentioned, none of which applied.  But I figured it out; I had to choose the one that said "I found my cost basis" and entered zero again on the next screen and it accepted it.  A rather clumsy approach.  The software should accept the first zero entry without challenging.   Thanks again.
Thank you very much for you quick response, xmasbaby0. It is greatly appreciated.
Are you referring to the question that asks whether you disposed of any investment(s) in a qualified opportunity fund (QOF)? If the answer is No you do not have to answer the question. If you leave i... See more...
Are you referring to the question that asks whether you disposed of any investment(s) in a qualified opportunity fund (QOF)? If the answer is No you do not have to answer the question. If you leave it blank the answer is assumed to be No. In TurboTax Online there is no way to check the No box. Just leave the question unanswered, and don't worry about it. (If your answer would be Yes you could not use TurboTax to file your tax return. TurboTax does not support reporting of QOF investments.)  
The easiest way is to delete all the entries you made for 2024. if that doesn't work, check none for all months in 2024
I got this email too. Have you tried again with any luck? I got following message when I tried today: Something unexpected happened and we can’t connect to Charles Schwab & Co., Inc.. Try again... See more...
I got this email too. Have you tried again with any luck? I got following message when I tried today: Something unexpected happened and we can’t connect to Charles Schwab & Co., Inc.. Try again in a few hours. 590
Have you tried and was able to import your form successfully? I got the following error when I tried: -- Something unexpected happened and we can’t connect to Charles Schwab & Co., Inc.. Try a... See more...
Have you tried and was able to import your form successfully? I got the following error when I tried: -- Something unexpected happened and we can’t connect to Charles Schwab & Co., Inc.. Try again in a few hours. (590) --
Have you gotten your refund? And how many months did you have to wait?