All Posts
March 6, 2026
12:50 PM
The general rule is that you can deduct medical costs, but not costs for room and board, laundry service, and so on. The facility should be able to provide a breakdown of what portion of the fees co...
See more...
The general rule is that you can deduct medical costs, but not costs for room and board, laundry service, and so on. The facility should be able to provide a breakdown of what portion of the fees counts as medical costs.
You can deduct the entire cost of assisted living if the person meets 3 tests.
1. They are permanently disabled, or have a cognitive impairment that means they would be a danger to themselves or others if left alone.
2. They require assistance with 2 or more activities of daily living (ADLs are eating, dressing, transferring, bathing, toileting, and managing incontinence.)
3. Their care is provided according to a written care plan that is written by a qualified medical professional and is reviewed and updated at least once a year.
If you don't have a written care plan, then only the medical costs are deductible. If you get a written care plan, you can deduct all the assisted living costs going forward.
March 6, 2026
12:49 PM
Baltimore City and Baltimore County are two different tax jurisdictions (Baltimore City is not part of Baltimore county as many other major cities are). The form clearly states to leave blank if you...
See more...
Baltimore City and Baltimore County are two different tax jurisdictions (Baltimore City is not part of Baltimore county as many other major cities are). The form clearly states to leave blank if you are a resident of Baltimore city. The software needs to be fixed. Please escalate.
March 6, 2026
12:48 PM
sorry PDF's and CSVs cannot be imported at this time. CSV's may come later but there is no definitive date.
you do not have to enter details.
you can enter summary totals by Form 8949 codes A...
See more...
sorry PDF's and CSVs cannot be imported at this time. CSV's may come later but there is no definitive date.
you do not have to enter details.
you can enter summary totals by Form 8949 codes A, B, C, D, E, F, X
mark them with code M
then you need to mail the 1099-B with Form 8453 following the forms instructions.
using code M should generate the 8453
March 6, 2026
12:47 PM
I accidentally filed for an extension. Now I'm stuck into deluxe mode and it won't let me downgrade to the free basic version. If I try to delete everything and start over, it says that since I alrea...
See more...
I accidentally filed for an extension. Now I'm stuck into deluxe mode and it won't let me downgrade to the free basic version. If I try to delete everything and start over, it says that since I already filed my taxes I can not clear and start over. I haven't finished filing yet. Close to the end, it asks me to pay $69 for the deluxe version. I can't find a way to solve this. Please help!!
Topics:
March 6, 2026
12:47 PM
Follow these steps:
Open to your IN return
Continue through past income and deductions
continue to A few things before we wrap up your state taxes
Locate Other Forms
Select edit/ upd...
See more...
Follow these steps:
Open to your IN return
Continue through past income and deductions
continue to A few things before we wrap up your state taxes
Locate Other Forms
Select edit/ update/ revisit next to Estimated Taxes for Next Year
Yes
continue through
A couple of things:
IN state tax rate drops to 2.95% for 2026 which will also reduce your needed payment
You don't actually need the TurboTax vouchers to pay. You can go directly to the Indiana INTIME website and make a "Non-bill payment." You can choose exactly how much you want to pay for each 2026 quarter without relying on the software's calculation.
March 6, 2026
12:44 PM
Thank you for your help. But I think I'm ok now. I'm not sure what it was but I stared at what you wrote and tried to think things through....I did NOT go step by step through the state questions a...
See more...
Thank you for your help. But I think I'm ok now. I'm not sure what it was but I stared at what you wrote and tried to think things through....I did NOT go step by step through the state questions and that's what was bothering me. I was thinking there had to be something I missed in moving on from Federal. So I took it slowly again.....and decided to try things a different way.....and it took me through the step by step process which is what I wanted....and what you were pointing out in your question to me....... It must have been my mistake from the beginning. But this time it worked....and when I went to the review steps.....it took me through that which I didn't get before...... So....thank you for making me stop and think. I can't even explain what it was about your answer that stopped me in my tracks.....but it did. if you hadn't answered, I would have just taken the chance by sending in my return, and I wasn't happy about that. So thank you, even though neither of us know what it was that you said. I guess my dumb mind was trying to do what I thought was right....and it wasn't. Probaby the easiest help you've given this whole season, right?
March 6, 2026
12:40 PM
mileage expense
Topics:
March 6, 2026
12:38 PM
Yes, here is how to enter into your trust return (Form 1041) Go to Federal Taxes Interest and Dividends Dividend income from 1099 DIV (enter here even if you did not receive a 1099 DIV Record...
See more...
Yes, here is how to enter into your trust return (Form 1041) Go to Federal Taxes Interest and Dividends Dividend income from 1099 DIV (enter here even if you did not receive a 1099 DIV Record the information on the form. make sure you put the foreign tax paid in Box 7 on the form Be sure to answer the followup questions about the foreign dividend received if this was strictly a foreign dividend. Once this information is reported, a Form 1116 is generated in your list of forms that report the eligible Foreign Tax Credit.
March 6, 2026
12:37 PM
I applied it to the state e-file, which should have made the charge $15, but I was charged $25. I called TurboTax support again, and was sent a refund request link to ask for the $10 as a refund.
March 6, 2026
12:37 PM
When you receive a 1099-NEC, you are considered a contractor and not an employee of the organization who issued the 1099-NEC. When you have income as a contractor, you are considered "self-employed"...
See more...
When you receive a 1099-NEC, you are considered a contractor and not an employee of the organization who issued the 1099-NEC. When you have income as a contractor, you are considered "self-employed" and you will file a Schedule C Profit and Loss from Business on your tax return.
You are expected to report all your income on the Schedule C, even if it is not reported on a tax form to the IRS - cash and check receipts for your contract work will be part of your self-employed income.
As a self-employed individual, you are allowed (and expected to) report the expenses of your contract work on your tax return. Examples of expenses you can claim:
Vehicle expenses for work as a delivery driver or Uber or Lyft driver
Tools you purchase for your work as a handyman, carpenter or other trades person
Supplies you purchase for your work
It's important to make sure that you claim all legitimate expenses related to your self-employed work as that will help reduce your income subject to income and self-employment tax (which is Social Security and Medicare tax that you will pay on the profit of your self-employment). It's equally important to retain receipts, travel logs, bank statements, etc. that will support the income and deductions from your self-employment work.
To get started on your Schedule C in TurboTax, you can click on the Business tab in TurboTax desktop and click Start on Profit or Loss from Business. In online TurboTax, click on Start for Self-employment income and expenses.
More information is found at Self-employment Taxes in Today's Gig Economy.
March 6, 2026
12:35 PM
I closed a Chase brokerage account in 2025. They provide a PDF and CSV file I can download, but the closed account isn't showing in the list of files to import using TT. Everything else from Chase i...
See more...
I closed a Chase brokerage account in 2025. They provide a PDF and CSV file I can download, but the closed account isn't showing in the list of files to import using TT. Everything else from Chase imported correctly. I asked Chase, who thinks I can transfer the PDF file into TT but I am using the DESKTOP edition and it doesn't seem to work. Is there any way I can get this into TT without having to manually type everything in? BTW, I thought I could use a CSV to TXF converter, but the CSV file downloaded from the Chase website doesn't seem to contain all the data regarding stock sales, although the PDF does.
March 6, 2026
12:33 PM
If you don't actually have a penalty, you can delete the form ( see How to Delete). If you do have a penalty, it can be caused by a rounding error if you entered cents in your return. Another error c...
See more...
If you don't actually have a penalty, you can delete the form ( see How to Delete). If you do have a penalty, it can be caused by a rounding error if you entered cents in your return. Another error can occur with uneven withholding and the program trying to match up all the numbers that were entered.
You may need to delete the form and go back through the VA underpayment penalty section.
March 6, 2026
12:30 PM
1 Cheer
Just tried again, for the 10th time. Despite the latest update, we still cant e-file in Oregon because of the 1099-Q programming glitch. I submitted this earlier in the week to TT support and was as...
See more...
Just tried again, for the 10th time. Despite the latest update, we still cant e-file in Oregon because of the 1099-Q programming glitch. I submitted this earlier in the week to TT support and was assured it would be escalated and that it's being worked on. But still nothing. I think this may be my last year using TT. In ten years I've never had a major problem like this that just isnt being addressed.
March 6, 2026
12:30 PM
You cannot.
March 6, 2026
12:29 PM
Since you already paid for Online, try asking support to switch you to the Desktop program and put it in your account. Yes there are many differences between Online and Desktop. And Online can onl...
See more...
Since you already paid for Online, try asking support to switch you to the Desktop program and put it in your account. Yes there are many differences between Online and Desktop. And Online can only do 1 return per account. And you may have to upgrade to a higher version to enter certain things, whereas all the Desktop programs have the same forms so you can use a lower version. And do you know for 2025 you will need Windows 11 or Mac OS Sonoma 14 computer to install it?
March 6, 2026
12:28 PM
You mean an Identity Protection PIN that the IRS mailed to you?
Go to this IRS website to retrieve the IP PIN - https://www.irs.gov/identity-theft-fraud-scams/retrieve-your-ip-pin
March 6, 2026
12:27 PM
Hi Patricia, thank you. I went back through the section again. This time I answered that it does qualify for QBI and then stepped through. Now TT did all of the calculations and filled in the righ...
See more...
Hi Patricia, thank you. I went back through the section again. This time I answered that it does qualify for QBI and then stepped through. Now TT did all of the calculations and filled in the right numbers. The description of QBI is very poor but that appears because the tax code itself is so poorly written. In any case thanks for the help. Anyone else running into this, go through all of the QBI steps at the bottom of the Rental Property forms.
March 6, 2026
12:26 PM
Topics:
March 6, 2026
12:26 PM
What type of form 1099 as there are almost two dozen? 1099-R, 1099-INT, 1099-DIV, 1099-S, 1099-B, SSA-1099, 1099-G, 1099-MISC, 1099-NEC, etc.