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February 28, 2026
7:21 PM
The sale of your RSU stock has nothing to do with the amount that is reported on your W-2 as income.
RSUs are pretty straight forward; therefore, I recommend you enter your transactions witho...
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The sale of your RSU stock has nothing to do with the amount that is reported on your W-2 as income.
RSUs are pretty straight forward; therefore, I recommend you enter your transactions without indicating you are reporting the sale of company stock. Indicating that is company stock has no impact on what's reported to the IRS. It only affects what screens and questions you get in the TurboTax interview. When RSUs vest (the stock is delivered) the entire amount is ordinary income subject to income, social security, and Medicare tax withholding. Your employer must collect payroll taxes, or sell shares to pay it. Since you are taxed on the entire amount, your basis is the amount that is added to your W-2 which you are taxed on. If you retain the stock, any gains on the sale will be short term if you hold the stock one year or less, and long term if you hold it more than one year.
Your cost basis is the total value on the date the RSUs vested. This is also the amount that it is added to your income and included in Box 1 of your W-2. To get your cost basis per share, divide the total value upon vesting (the amount added to your income) by the total number of shares represented by the RSUs.
When brokers report the sale of RSU stock, they usually report a cost basis of zero, or an amount that is not correct. When you report a Form 1099-B with RSU stock sales, you have to enter an adjustment to the cost basis.
If shares were sold, to pay the payroll taxes you will have two transactions. The cost basis (per share) and acquisition date will be the same for both transactions, and they will both be short term. The proceeds and sales date will be whatever is reported on the 1099-B.
February 28, 2026
7:20 PM
Are you in the Online version? Online is only good for 1 return per account. Don’t use your account or you will overwrite your return and it will be gone. And you have to pay for each account s...
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Are you in the Online version? Online is only good for 1 return per account. Don’t use your account or you will overwrite your return and it will be gone. And you have to pay for each account separately so it might get expensive. You can start another return in TurboTax Online by: Logging out if you are in your account Choose what TurboTax Online product you want to use for the second return Create your account screen Set up a new login for the second return Start working on the new return The Desktop program can do unlimited returns and efile 5 federal for free. You can buy the Desktop Download program directly from Turbo Tax TurboTax® 2021-2022 CD/Download Tax Software, Compare Desktop Tax Preparation For 2025 You will need Windows 11 or Mac OS Sonoma 14 or later Or buy Turbo Tax at several stores like Costco, Sam’s, etc. Where can I buy Turbo Tax Desktop program? https://ttlc.intuit.com/community/choosing-a-product/help/where-can-i-buy-the-turbotax-software/00/25893
February 28, 2026
7:20 PM
See What does my rejected return code mean and how do I fix it?
February 28, 2026
7:18 PM
How to see your fees https://ttlc.intuit.com/community/charges-and-fees/help/how-do-i-review-my-fees-in-turbotax-online/00/26353 For help with fees https://ttlc.intuit.com/community/charges-and...
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How to see your fees https://ttlc.intuit.com/community/charges-and-fees/help/how-do-i-review-my-fees-in-turbotax-online/00/26353 For help with fees https://ttlc.intuit.com/community/charges-and-fees/help/what-can-i-do-to-reduce-my-fees/00/26051
February 28, 2026
7:18 PM
I can only see the one filed joint return. There is no where to enter returns for my kids. The AI says to go back to the main menu and not log out but the back button doesn't go anywhere and their is ...
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I can only see the one filed joint return. There is no where to enter returns for my kids. The AI says to go back to the main menu and not log out but the back button doesn't go anywhere and their is no navigation menu.
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February 28, 2026
7:17 PM
The current California instructions for Itemized Deductions for tax year 2025 state that certain miscellaneous itemized deductions are still allowable for California to the extent that they exceed 2%...
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The current California instructions for Itemized Deductions for tax year 2025 state that certain miscellaneous itemized deductions are still allowable for California to the extent that they exceed 2% of your Federal Adjusted Gross Income. The 2025 California Schedule CA also shows the miscellaneous deductions as a subtraction from Federal income.
While SB 711 doesn’t automatically adopt every federal change—which can be costly or politically complex—and it does not include the latest OBBB changes, it does bring in many of the smaller, technical provisions that had been left out of step for years and sets California up for future conformity efforts (California Society of CPAs).
February 28, 2026
7:16 PM
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February 28, 2026
7:14 PM
In the interview, did you indicate that you sold Employer Stock? If so, delete the entry and re-enter, but do not indicate that it is Employer Stock. Just enter you transaction information like you...
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In the interview, did you indicate that you sold Employer Stock? If so, delete the entry and re-enter, but do not indicate that it is Employer Stock. Just enter you transaction information like you would any other stock sale.
February 28, 2026
7:14 PM
Maryland does not currently have an income tax credit for solar installation or use. They previously had the Maryland Energy Storage Income Tax Credit (MESITC) which was for energy storage (batterie...
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Maryland does not currently have an income tax credit for solar installation or use. They previously had the Maryland Energy Storage Income Tax Credit (MESITC) which was for energy storage (batteries), not the solar panels themselves, but it ended at the close of 2024.
That credit was replaced by the Residential and Commercial Energy Storage Grant Program. This is not an income tax credit, but a grant. More information can be found here: Residential and Commercial Energy Storage Grant Program
February 28, 2026
7:14 PM
Can you clarify your question? @clementinecook
February 28, 2026
7:13 PM
I purchased 2023, where do I go.
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February 28, 2026
7:12 PM
February 28, 2026
7:12 PM
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February 28, 2026
7:11 PM
I encountered the exact issue and i am using TurboTax desktop 2025. Were you able to resolve this? This is extremely frustrating.
February 28, 2026
7:10 PM
When will turbotax be updating to add the tipped occupation option? It's February 28 and I do not see this on my program?
February 28, 2026
7:10 PM
If you received any income on Form 1099-NEC or 1099-K, that gets reported on Schedule C as self-employed income; even if you worked with a large company such as Lyft or Uber.
The good thing abo...
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If you received any income on Form 1099-NEC or 1099-K, that gets reported on Schedule C as self-employed income; even if you worked with a large company such as Lyft or Uber.
The good thing about earning "1099 income" as opposed to W-2 wages, is that you get to deduct all your ordinary and necessary business expenses incurred while carrying out this line of work: learn more.
On the other hand, you do have to pay both the employee and employer's share of withholding taxes, known as self-employment taxes. Often this requires making estimated tax payments throughout the year. Learn more: FAQ - Self-Employed Federal Income Taxes
Note: the above does not apply if your 1099-K only includes sales from personal items sold at a loss, and other non-taxable transactions; learn more - Did You Get a Form 1099-K and Aren’t Self-Employed or a Small Business?
February 28, 2026
7:10 PM
How do i file only federal return and not WA state?
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February 28, 2026
7:08 PM
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February 28, 2026
7:08 PM
I don’t think I added in my overtime on my return
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February 28, 2026
7:07 PM
I'm having the same issue too. My token is 343177733-03918731