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TurboTax may have listed your DAF stock donation as a 50% contribution automatically as a default on the Charitable Organization Worksheet; however, if you're using TurboTax Desktop you can check the box for 30% directly on the worksheet.   There is an area in the interview where you can indicate this if you step through the section again, and whether the stock is appreciated from your Cost Basis is also a factor, as well as holding period.   Here's more info on Donating Stock.   @kshin123         

Yes, you are correct. Here is the flow to be used in recording information from a T5008.     Start the Sale: Go to Wages & Income -> Investments and Savings -> Stocks, Mutual Funds, Bonds, Other.  Enter the name of your Canadian institution.  When asked "Do these sales include any other types of investments?" or "Did you buy every investment?", answer based on your T5008 (usually Yes to buying, No to employee stock). Selecting the Sales Section: This is the critical step you noted. On the "Now, enter one sale" screen, look for the Sales Section dropdown and select: "Short-term did not receive 1099-B form" (if held $\leq$ 1 year) — This maps to Box C on Form 8949. "Long-term did not receive 1099-B form" (if held > 1 year) — This maps to Box F on Form 8949. This where you indicate you do not have the 1099-B form.   @sandra88

Yes, I've had the same problem. How did you find out the software glitch will be fixed by March 6? And how will we know when it has been fixed? By the way, my state amended return was accepted; only the federal amendment was rejected.

I am having the exact same issue.  First I went through the logical place to do this, and when it tried to make it taxable I deleted it.  Then I followed the instructions on the Thread EXACLY and it still reports as taxable.  So, this is NOT operator error, this is a software issue.  Hopefully it is addressed in an update in the next week or so, since this is the only thing keeping me from filing my son's return. 

I did the interview questions already.  I did not enter anything directly into Form 5695. As I've mentioned repeatedly, there is an interview question for condo or coop (corresponding to line 32b of Form 5695), but the interview question for line 32a (joint occupants; my situation) is missing.  (The screen shots posted earlier are not connected to line 32a of Form 5695.  When I view Form 5695, the check box for line 32a is not checked, and no statement was generated.)   I continue to ask without having received a sufficient answer:  When will this be fixed?  I've also asked for clear instructions on how to get a refund from TurboTax, but that question hasn't been answered either.  (Do not direct me to "Contact Us" -- that unhelpful suggestion has already been made and wasted more of my time.)

You should not attempt to e-file without correcting this error message because it will probably cause the IRS or the State to flag your return.   TurboTax is alerting you that taxes cannot be withheld from zero. Since you had NY Tax withholding in Box 14, one solution is to populate Box 16 with the same amount as your Gross Distribution from Box 1, if Box 16 is blank.   If that does not work, you may need to delete your Form 1099-R and re-enter it if the amount from Box 1 did not transfer to your state return, by following these steps:   Go to Income Click Review on IRA, 401(k), and pension plan withdrawals Click on the trash can to the right of your Form 1099-R, which will delete the Form After deleting, go out of the Income section temporarily before inputting the Form again by clicking the Deductions & credits on the left panel When re-entering, ensure you enter the amount from Box 1 in Box 16 (if the box is blank)

It could have to do with some of the dividends being ordinary and some being qualified. I believe you are looking at a worksheet. I suggest you look at Form 1040 to see how the dividends are listed on your tax return. Your qualified dividends should appear in box 3(a) and the ordinary dividends in box 3(b). If those entries agree with your 1099 forms you should be OK.   To view your form 1040 and schedule 1 to 3:   Choose Tax Tools from your left menu bar in TurboTax Online while working in your program Choose Tools Choose View Tax Summary See the Preview my 1040 option in the left menu bar and click on it Choose the Back option in the left menu bar when you are done    

I have exactly the same issue where ESA cost basis was not provided. After discussions with ESA provider (Vanguard) and recipient 529 (Utah my529), the conclusion is that it's up to me to make any necessary adjustments in tax returns because 1099-Q will have no or wrong cost basis.

Thank you. I already did this and validated that all numbers are correct afaict.   However, these are major adjustments. All I want to do is add some text with an explanatory statement sharing the rationale for all the adjustements, to reduce the chances of an IRS audit. Is that possible?

Thank you, I did enter it correctly and 5b is -0-.  Spouse went on Medicare this year and the Summary Income showing this 401k rollover to IRA as Income and seeing it as a Pension caused me to panic for IRMAA.  For MAGI purposes the right column matters so the -0- in 5b is what is computed for MAGI.  Thank you for the detailed explanation and confirmation. 

If we consider these as cryptocurrency, then you would report the transactions by selecting 1099-DA even though you don't have a form.  In this case, you can select, first to skip import and when you make your selection choose 'Other' and then you will be allowed to make a selection of the type of investment. Name can be Crypto or something similar Crypto > Type of Investment can be 'Other' > I purchased it > Description Continue to answer the questions  If you use Something other than a date and select Various - be prepared to answer the questions about holding period. Additional information for your to consider for summary transactions.   A solution can be to enter summary transactions if you have many transactions. Your brokerage statements should include a summary of your transactions, grouped by sales category, for example, Box A short-term covered or Box D long-term covered.   You can always use direct entry if you choose, with summary totals.  The only exception if wash sales, which must be entered separately, if you have any. Where do I enter Form 1099-B? (Ignore import) How do I mail Form 8453? (review if alerted) Holding Periods: Long term is a holding period of more than one year (one year plus one day) and receives capital gain tax treatment (0%, 10%, 15%, 20% depending on your regular rate of tax) Short term is a holding period of one year or less and receives ordinary gain tax treatment (your regular rate) @thepep 

Same issue here with the desktop software version. Read that sometimes there is delay in availability of import even after PNC issues PDF's to clients. Contacted my banker- will followup if I hear anything.

@user17716983577 I believe it was noted the IRS delayed from the initial planed  revision date (02/18/2026?)  to just last week (02/25/2026) so hence the delay.  Also you need to allow a day or two for the Intuit team to apply the fixes, test, and "pack and ship" out to all of us users, which I suspect they don't do all at once but phase them possibly by geography.