All Posts

Make sure to enter only the last 15 characters of your marketplace assigned policy number from Line 2 of your Form 1095-A and enter it without any dashes or spaces.   See this TurboTax article for more information on Form 1095-A.

after tax due date including extensions: you withdraw  the excess amount being carried forward on Form 5329, (or offset it with currently allowed contribution) . Amended return(s) will be needed supplying that Form 5329 since there is a 6% penalty per year on accreting excess contributions . Earnings stay in the Roth account.   @will-schachterle  P.S. Beware TurboTax Experts.

Can you clarify if you are working in California? If you are physically working in California, your employer may be required to withhold California taxes unless you completed a DE4 claiming exempt from withholding.   If you work in Utah, you would want Utah taxes withheld or you may need to make estimated payments.  @maryharrietshuler 

To clarify, do you have a star symbol next to line 13 and 18 of Form 8606? If yes, then TurboTax is using the Taxable IRA Distribution Worksheet per Pub. 590-B to calculate the amounts and lines 6 to 12 of Form 8606 will be blank. It will be listed as "Tax IRA Dist" in the Form list.   Generally, TurboTax will asked about your value of all of your traditional IRA, SEP, and SIMPLE IRA accounts on December 31 after you have entered all Form 1099-R and click continue.      

I just called and they're saying middle of march right before the deadline.  I've done the math on my federal taxes and I will never pay them more than I'm due to give them, in fact I'd rather pay them taxes than wait on a refund that they're holding hostage. Stop giving the federal government intrest free loans! 

This is a public web site that can be seen by anyone—including scammers and would-be identity thieves who would love to contact you and pretend to be from TurboTax.  Please remove the personal information you posted here ASAP by returning to your post and clicking the three little blue dots on the upper right to edit your post.       If you e-filed: Banking information for direct deposit is wrong or closed If you entered incorrect banking information for your refund, you can change it if your return is rejected.  If it is accepted, however, it is too late to change it.  The bank will reject the refund and send it back to the IRS.     https://www.taxpayeradvocate.irs.gov/news/tax-tips/direct-deposit-changes-for-2026-could-affect-how-and-when-you-get-your-refund/2026/01/   You may get this notice— a cp53a notice   https://www.irs.gov/individuals/understanding-your-cp53a-notice   If you take NO action—-the IRS will freeze your refund for at least six weeks and then mail you a check.   If your refund is sent back to the IRS—- make certain that the address you entered on your Form 1040 is correct.  And…open all mail, even if it looks like junk mail.  

It sounds like you may be trying to change the amount from your W-2 in the HSA section.  It is greyed out because you need to enter it (or change it) on your W-2.  You can only change the contributions you personally made in the HSA section.   You can go to Federal,  Wages & Income,  Wages and Salaries (W-2) to revisit your W-2 entry.   For some more information, see Basics of Health Savings Accounts

Schedule CT-PE Pass-Through Entity Tax Credit is available using TurboTax Online or Desktop for individual Form 1040 returns.    For a partnership return, you will need to file CT-PTE manually and file by mail. Here's the link: https://portal.ct.gov/drs/taxes/pass-through-entity/tax-information.   @gideonesq17 

I'm a landloard, desperately trying to enter a two-to-one 1031 into TT online. Let me tell you, it's not possible. There is an interview for the 1031. But you can't dispose a rental property from the asset pages into the 1031 without triggering the full capital gains as if it were sold outright. If you don't check "Sold" then TT will depreciate the asset over the entire year, even though one should only depreciate it until the date of the sale.

This does sound like it should be reported as alimony so the ex-husband's employer is just making the payments from his salary.  Your wife would not receive a W2 from the employer because the person who performed the work would be credited with the employment taxes- these are not transferable.   See Topic no. 452, Alimony and separate maintenance.   Because the alimony began before 2019, she may have to report as income.  For the Turbo Tax steps for this entry, see Do I need to report alimony I received from a former spouse?   I am sorry for your loss.