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I have never used Turbo Tax for my taxes with a rental property.  I've been having my taxes done professionally for years.   Turbo Tax does not work when you let it guide you through the Assets/Depreciation.   I answered yes to did you buy any items that cost $2500 or less in 2025.  I then answered Yes to both questions on the next screen.  Then yes to every item I bought costs $2500 or less.  At that point Turbo tax just quits and goes back to the review page.     I paid for the Live Tax Advice this weekend.  The expert that I spoke with took control of my screen and also determined that Turbo tax was not working.   There have been no updates since we spoke.    I tried opening form 4562 and it asked for the name of my farm.  Shouldn't turbo tax guide me through this process?  I want to write off a dishwasher and enter in past depreciation.    Are you saying Turbo tax is not going to guide me through the process?

In TurboTax, in the Indiana state income tax return, at the screen Any Indiana K-1's?, select Yes.   At the screen Schedule IN K-1 (IT-20S/IT-65) Information, add the tax credit information.   The screen may also be accessed through Other Situations at the screen Your 2025 Indiana taxes are ready for us to check.        

Follow the steps below to print your prior-year tax return (including the government worksheets) using TurboTax Online;   Sign in to your account Select the down arrow by Your tax returns and documents  Select the year of the tax return that you want to print Select Download/Print (PDF) your federal and/or state tax return(s) Select Include government and TurboTax worksheets. You will be able to view your Simplified Method Worksheet when you print or view your return.  For additional info, review the TurboTax article: How do I view, download, or print a prior-year tax return?      

If the vehicle was 100% business use - all mileage was business mileage. There can be no personal gain or loss. So you can skip the rest. Personal use is all non-business mileage divided by total mileage. If there was personal use, the trade-in value (the selling price) is split between business and personal use. So if the personal portion of the proceeds less the personal portion of the cost (depreciation applies only to the business portion ) is a gain, its capital gain that is taxable. If a loss, most likely, it's not deductible. If business use varied over the years, I don't think Turbptax can properly handle the sale on the vehicle worksheet.   

Form 568 can either be e-filed or mailed to:   Franchise Tax Board PO Box 942857 Sacramento, CA 94257-0501   To print a form in TurboTax Online, sign in, open your return, and navigate to Tax Tools > Print Center in the left menu. Select "Print, save, or preview this year's return," choose the desired forms, and select View or Print Forms. You must pay for your return or register (if free) before printing.    This is the first time I've heard of an issue with the number starting with "B", or with the form being entered in TurboTax Online instead of Desktop. Can you describe the steps you took to enter the form in TurboTax Online? Form 568 must be filed by every LLC that is not taxable as a corporation if any of the following apply:   The LLC is doing business in California. The LLC is organized in California. The LLC is organized in another state or foreign country, but registered with the California SOS. The LLC has income from California sources.

If you used the pay with refund service, your refund will go to that bank first to process and then it will go to your bank for processing the deposit, which will add some time for your refund to appear.  Your refund does not go to TurboTax. You can call your bank to see if there are any deposits pending. Sometimes they handle tax refunds differently and it may take a few days.   If you have already contacted your financial institution and you do not have your deposit in two weeks, you can file a Form 3911, Taxpayer Statement Regarding Refund PDF to initiate a trace. This will allows the IRS to contact the bank on your behalf to try to recover your refund. If for some reason your direct deposit was not able to be processed successfully, your refund will come by ‌paper check, which takes longer.     Click here for "How to Track an Income Tax Refund"   Click here for   Why it may take longer than 21 days for some taxpayers to receive their federal refund.   Click here for Form 3911    Please return To Community if you have any additional information or questions and we would be happy to help.  

It may be that claiming the 2024 lump sum at your 2025 tax rate is more beneficial than claiming the 2024 rate on that amount.    You will report your 1099-R (including the lump-sum)  on your 2025 return, but you do have two options regarding the tax treatment. 1.) You can be taxed on all the income on your 2025 tax return at your 2025 tax rate OR 2.) You can opt to pay the tax on your 2025 return, BUT AT THE RATE YOU WOULD HAVE PAID ON IT HAD THE INCOME BEEN PROPERLY PAID IN THE PREVIOUS YEAR(S).   If you have no tax on your Social Security Payments, it doesn't matter, but if the additional income puts you into a higher tax bracket, you might want to use that second option. Basically you figure the tax you would have been charged on your 2024 return for that income and then pay that dollar amount on your 2025 return. TurboTax can help you determine if this is advantageous for you. Designate the 2024 amount as a lump-sum payment and proceed through the interview.  TurboTax will ask for certain numbers from your Tax Year 2024 Federal return (1040) such as the amount of  Social Security you received in 2024 (line 6a) , 2024 taxable Social Security (line 6b) your Adjusted Gross Income (AGI, line 11) and if you had any Tax-Exempt Interest (line 2a)    You, however, ARE taxed on your Social Security Income.  If you went through this process, and the program is saying that you are in the 85% taxable Social Security for 2025, using 2024 might not be advantageous for you.  It sounds like, had that lump-sum been paid in 2024, you would have paid tax on 5,131 of that lump-sum income.  But for 2025, you would be taxed on 4,361 of that lump-sum, so it would be better to pay your 2025 tax on that lump-sum. 

No, there currently isn't a way to upload the 1099-B form - you will have to mail it in.  With that many sales, you would have to do summary sales in TurboTax and you will need to mail a copy of the 1099-B to the IRS.  After you've entered the sales in, you will reach a screen "How do you plan on submitting your 1099-B to the IRS?".  There is a link with mailing instructions on this page.  Your PDF of your return will include a Form 8453 that you can print and mail along with your 1099-B copy.   Also, upgrading to Premier or Home & Business will not change anything in regard to needing to mail in the 1099-B.