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February 24, 2026
10:57 AM
1) Ignore the village idiot, M-Tax, his answer to everyone is H&R Software and although no life and roams the community forum of TT (perhaps H&R employee?!) most of us only fire this up once a year t...
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1) Ignore the village idiot, M-Tax, his answer to everyone is H&R Software and although no life and roams the community forum of TT (perhaps H&R employee?!) most of us only fire this up once a year to do ANNUAL TAXES. 2) As a 25+ year user of TT and previously Intuits Quicken (they spun that off in 2016), there are many things they are clearly focused on...getting everyone off desktop platforms and in their 'clouds'. Its good for them, but not for us. Not to mention additional security risks. Good news on Tax platform, even with complex returns its getting easier/cheaper to use various online providers. my 2 cents but just wait for M-Tax to weigh in with some Captain Obvious comments.
February 24, 2026
10:57 AM
There is an article on SSA 1099 with lumpsum payment for 2025 that includes payment from 2024. Turbo Tax has input screens to add the lumpsum for 2025 along with previous year amounts that is shown a...
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There is an article on SSA 1099 with lumpsum payment for 2025 that includes payment from 2024. Turbo Tax has input screens to add the lumpsum for 2025 along with previous year amounts that is shown as asterisk on SSA-1099. However, the article also mentions that the additional tax due to lumpsum payment for previous year can be avoided by apportioning prior year benefits to those previous years’ income (still without filing any amended returns). I need information on how to help client avoid the additional tax and steps. Thank you
February 24, 2026
10:55 AM
@markmil11 wrote: I'm POSTING here for others to join the bandwagon and hopefully Intuit will pay attention at its customer base complaining about functionality not working..A "Captain Obvious" res...
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@markmil11 wrote: I'm POSTING here for others to join the bandwagon and hopefully Intuit will pay attention at its customer base complaining about functionality not working..A "Captain Obvious" response. They don't care. You haven't noticed their financials, "obviously".
February 24, 2026
10:55 AM
1 Cheer
My desktop Deluxe updates on its own, and I also use the on line check as well. It is updated. I have been using Turbotax for 17 years. Each year it loads the data from the year before. This year, I...
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My desktop Deluxe updates on its own, and I also use the on line check as well. It is updated. I have been using Turbotax for 17 years. Each year it loads the data from the year before. This year, I loaded last years to start as always. Last year I had several 1099's. Including a 1099-B. For some reason, as I progressed through the various incomes, it recognized and updated each 1099. However, it did not offer, and ignored the 1099-B from last year. And when I tried to enter the 1099-B it fights me, or flat out ignores it, and moves on to the next income category. I have read and researched this, and find I am not alone in having 1099-B issues. Some feedback on this year's TT. Compared to the ease of previous years. This one for 2025 is a mess. One has to have a PHd in accounting to follow the flow, and answer the NOW many questions. If TT is trying to move folks off of TT download, they are doing a good job with the 2025 TT. Why would I need to delete the 1099-B if I managed to get it enter?
February 24, 2026
10:55 AM
I have used Turbo Tax Premiere Desktop for many years and due to the Windows 10 lack of support in USA ( but Turbo Tax supports Windows 10 in Canada) I was "forced" into trying Turbo Tax Online. Usua...
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I have used Turbo Tax Premiere Desktop for many years and due to the Windows 10 lack of support in USA ( but Turbo Tax supports Windows 10 in Canada) I was "forced" into trying Turbo Tax Online. Usually with the desktop version It prompts one in order into categories of income, then deductions, etc, and after each subcategory is filled out it returns you to the one next on the list until all are completed. TT Online does not do this. After going through all the prompts and computing my taxes, and telling me on final review that my return was fine, it told me I owed several thousand dollars in taxes which made no sense. I could not figure out where the problem was since there is no forms page. I could not navigate back to the categories page. Finally I realized that I had never been asked to enter my estimated taxes that I paid. It took forever and searching online to even find the category and proper entry point, and then get to it and enter the data but when I did my tax debt turned into a refund. If I had not been wary, I would have paid a ton of money more than I owed and never known better. Something is wrong with the way the online version navigates you through. This is a serious problem that I never encountered in the desktop version. Lack of a forms page seriously limits your ability to crosscheck that you have entered the data you need to. I will not be using the online version again after this experience. The desktop version is often sold at a discount. With online version you also pay full price and the cost was nearly doubly last year, and then there are all these ads for additional fee that double the price again if you are not careful, requests to opt out of sharing your information with Turbo tax, etc etc. Be careful folks!
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February 24, 2026
10:54 AM
To correct Form 1099-HC that verifies health insurance coverage on your Massachusetts tax return, go to Health Care Coverage in your MA return. From there you can update your Form 1099-HC information.
February 24, 2026
10:54 AM
This prior post should answer your question. If not please ask again.
https://ttlc.intuit.com/community/retirement/discussion/a-non-dividend-distribution-is-a-return-of-capital-tha/01/756879/hi...
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This prior post should answer your question. If not please ask again.
https://ttlc.intuit.com/community/retirement/discussion/a-non-dividend-distribution-is-a-return-of-capital-tha/01/756879/highlight/true#M72734
February 24, 2026
10:54 AM
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February 24, 2026
10:54 AM
The senior deduction, along with all other items of income and deduction, are relevant in determining whether your QBI deduction is subject to limitation based on your overall income. From your descr...
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The senior deduction, along with all other items of income and deduction, are relevant in determining whether your QBI deduction is subject to limitation based on your overall income. From your description, there does not appear to be an error.
The Desktop version of TurboTax provides, in addition to Form 8995, a QBI Component Worksheet for each business activity and a QBI Deduction Summary.
In TurboTax, the Qualified Business Income (QBI) deduction is calculated automatically based on your business income (Schedule C, E, F, or K-1) and generally appears on Line 13 of Form 1040. It is detailed on Form 8995 (Qualified Business Income Deduction Simplified Computation) or 8995-A, which are generated in the background
See this TurboTax blog article and this IRS article for more information.
February 24, 2026
10:53 AM
1 Cheer
No. The U.S.-Egypt Tax Treaty (Article 22) doesn’t include a "retroactive loss" clause, unlike treaties with countries such as India or the UK. You will not lose your treaty benefits.
To file y...
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No. The U.S.-Egypt Tax Treaty (Article 22) doesn’t include a "retroactive loss" clause, unlike treaties with countries such as India or the UK. You will not lose your treaty benefits.
To file your 2022 and 2023 returns, you will file a 1040 non-resident for each of those years. TurboTax does not help prepare non-resident but our affiliate at Sprint Tax does. Please contact them here for further assistance.
February 24, 2026
10:53 AM
The off campus housing goes under room and board. We have been told the room and board update should be coming out this weekend. Perhaps as soon as Friday night.
If you have a 529 that isn't t...
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The off campus housing goes under room and board. We have been told the room and board update should be coming out this weekend. Perhaps as soon as Friday night.
If you have a 529 that isn't taxable, don't enter it at all. Only taxable portions should be reported. Since the 1099-Q was not income, it should not be entered. Tuck the 1099-Q into your tax folder. IRS Publication 970, Tax Benefits for Education states that nontaxable distributions should not be entered.
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. @leesho
February 24, 2026
10:53 AM
If you had been claiming vehicle expenses for your work as a Lyft driver all along, you have essentially been claiming the wear and tear and depreciation of the business use of your vehicle on your t...
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If you had been claiming vehicle expenses for your work as a Lyft driver all along, you have essentially been claiming the wear and tear and depreciation of the business use of your vehicle on your taxes already.
Assuming you had been claiming the vehicle expenses all along and you traded in your vehicle that had business use on it, you will need to enter in your return that you had sold (or traded in) your vehicle for a new one that you are using in your business. The expenses you claimed - whether you used actual expenses or you used the standard mileage rate - will be used to determine the amount of depreciation that you will need to "reclaim" in the year you sold the vehicle. The sale of the vehicle will then either have a gain or loss that will get reported on your tax return.
February 24, 2026
10:53 AM
1 Cheer
Since you have already filed, you will need to file an amended return using Form 1040X. However, since yours shows a loss, it likely means you may receive a larger refund on your tax return. That...
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Since you have already filed, you will need to file an amended return using Form 1040X. However, since yours shows a loss, it likely means you may receive a larger refund on your tax return. That means that, rather than filing right away (which would be advisable if you owed), you should wait so as not to cause any delays in processing by the IRS. Once your first return has been processed, proceed with submitting the amended return. Note that Form 1040X is not yet available (estimated availability date of March 4th). Here are the steps to file an amendment within TurboTax: Open the tax year you need to change Start the Federal Amendment first. Navigate to Wages & Income, Investment Income, Stocks, Cryptocurrency, Mutual Funds, Other Enter the Form 1099-B information. TurboTax will compare this to what you did previously and generate the Form 1040-X automatically. Review the State Section. After finishing Federal, go to the State tab to ensure the State amendment is triggered.
February 24, 2026
10:52 AM
I am not sure I understand the question. By funds do you mean mutual funds? Or amounts?
Usually, one withdraws cash from a qualified plan. The plan might sell funds to generate the cash, but ca...
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I am not sure I understand the question. By funds do you mean mutual funds? Or amounts?
Usually, one withdraws cash from a qualified plan. The plan might sell funds to generate the cash, but cash is transferred out. That cash might be used to buy other funds (perhaps the same ones), but technically, the funds are not transferred. At least I haven't seen that even in a Roth conversion.
If you want to know what funds were sold, you can look at your account statements. That won't matter for taxes and therefore is not on a 1099R. The important thing on a 10990-R is what the box 7 code it. For a list of them, see https://ttlc.intuit.com/turbotax-support/en-us/help-article/retirement-benefits/codes-box-7-1099-r-mean/L5OE1Zdgx_US_en_US The other important thing is to know what the total amount of after-tax contributions were made in the past. This is not common. Usually contributions are before-tax. But if there are after-tax contributions you have "basis" in the plan and a pro-rata amount of each distribution is a return of that basis.
February 24, 2026
10:51 AM
If you are sure that you have satisfied all RMD requirements, then in TurboTax, on the form 1099-R for RMD withdrawals, answer that The entire distribution was an RMD then on the following page, ...
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If you are sure that you have satisfied all RMD requirements, then in TurboTax, on the form 1099-R for RMD withdrawals, answer that The entire distribution was an RMD then on the following page, to the question What is the RMD for your account? enter the amount of the distribution from that IRA account.
By doing this, you are telling TurboTax that all RMDs are satisfied and TurboTax will not calculate any penalty. The information you entered in TurboTax is to enable TurboTax to calculate any penalty where applicable, and is not reported to the IRS.
February 24, 2026
10:51 AM
What code is in box 7?
Normally, it doesn't matter what kind of plan you have, as long as you are over age 59-1/2. Is there a reason you need to know this?
You can also contact your plan broke...
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What code is in box 7?
Normally, it doesn't matter what kind of plan you have, as long as you are over age 59-1/2. Is there a reason you need to know this?
You can also contact your plan broker.
February 24, 2026
10:49 AM
The Second Lowest Cost Silver Plan (SLCSP) premium in column B of your form 1095-A is incorrect if:
Part III, Column B has a “0” or is blank for any month someone in your household had the M...
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The Second Lowest Cost Silver Plan (SLCSP) premium in column B of your form 1095-A is incorrect if:
Part III, Column B has a “0” or is blank for any month someone in your household had the Marketplace plan
You had changes in your household that you didn’t tell the Marketplace about — like having a baby, moving, getting married or divorced, or losing a dependent
For the month of July, you’ll use the government's tax tool to get the premium for your second lowest cost Silver plan and fill that cost in column B of form 1095-A. Failure to do this will result in a wrong calculation of the premium tax credit.
February 24, 2026
10:48 AM
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February 24, 2026
10:48 AM
Yes, add yourself. If Michigan wants each occupant specifically listed, you need to do that. (Turbotax could probably be programmed to auto-fill occupant #1, but it seems not to be programmed that ...
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Yes, add yourself. If Michigan wants each occupant specifically listed, you need to do that. (Turbotax could probably be programmed to auto-fill occupant #1, but it seems not to be programmed that way so you need to do it.)