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February 28, 2026
11:04 AM
1 Cheer
@StarGirl18 wrote: ...was I suppose to enter it on a different form? Well, there is a section for investment income and one of the subheadings is "Schedule K-1". There is a Start button to t...
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@StarGirl18 wrote: ...was I suppose to enter it on a different form? Well, there is a section for investment income and one of the subheadings is "Schedule K-1". There is a Start button to the right of that which should take you to the K-1 entry screens.
February 28, 2026
11:03 AM
Forms View - I noticed that the Student Info worksheet, "Part IV Educational and Institution and Tuition Summary" has a 1098T listed twice. There is only one (1) 1098-T form. The first entry text ...
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Forms View - I noticed that the Student Info worksheet, "Part IV Educational and Institution and Tuition Summary" has a 1098T listed twice. There is only one (1) 1098-T form. The first entry text values are blue and the secound (duplicate) text values are black in color. I caught this during a smart check of my state (Ohio) return when it listed a total for scholarships that was double the total amount. How do i remove the duplicate 1098T entry ?
February 28, 2026
11:03 AM
February 28, 2026
11:03 AM
I'm married, filing jointly with high income. I withheld 117% of my 2024 total tax (including estimated taxes paid) for 2025 and still own more. TT initially calculated an underpayment penalty of $40...
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I'm married, filing jointly with high income. I withheld 117% of my 2024 total tax (including estimated taxes paid) for 2025 and still own more. TT initially calculated an underpayment penalty of $404. I even went through the annualized calculations and reduced the penalty to $230. I was not able to find a way to select the exemption for paying more than 110% of my prior year taxes even though TT clearly knows those figures. Is there a way to force the "more than 110%" exemption to eliminate the penalty? I've been using TT since 1997 so it's not like I'm new to this.
February 28, 2026
11:03 AM
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February 28, 2026
11:03 AM
I have a Schedule- D Form to carry forward a tax loss from selling stocks> Can you tell me where i can find one?
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February 28, 2026
11:03 AM
Hello esteemed members. I have 3 kids and each have custodial accounts and each have received 1099 that includes 1099-INT, 1099-DIV, and 1099-B. I have seen conflicting responses (perhaps due to ...
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Hello esteemed members. I have 3 kids and each have custodial accounts and each have received 1099 that includes 1099-INT, 1099-DIV, and 1099-B. I have seen conflicting responses (perhaps due to change in recent law?) on whether or not custodial accounts "need" to be filed, and whether they "need" to be filed separately instead of part of the my (the parents') taxes. To be specific (because all 3 accounts are managed similarly), they have INT and DIV that together made less than $50, and 1099-B that reported losses of about $200, so overall loss. My questions are: 1. Am I required to file each kids' activity to IRS? 2. If so, must I report them under their own return (is it because of the presence of 1099-B?) 3. If I don't need to report them, am I primarily losing the benefit of offsetting future capital gains? Thank you. I tried reviewing past questions and IRS child rules and none seem to answer this scenario.
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February 28, 2026
11:02 AM
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February 28, 2026
11:02 AM
https://turbotax.intuit.com/personal-taxes/cd-download/install-turbotax/ https://ttlc.intuit.com/turbotax-support/en-us/help-article/license-information/install-turbotax-cd-download-software-li...
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https://turbotax.intuit.com/personal-taxes/cd-download/install-turbotax/ https://ttlc.intuit.com/turbotax-support/en-us/help-article/license-information/install-turbotax-cd-download-software-license-code/L1wFOSXur_US_en_US
February 28, 2026
11:01 AM
There's already a thread on this board re this topic: https://ttlc.intuit.com/community/retirement/discussion/what-is-the-proper-way-to-adjust-the-cost-basis-for-the-slv-gld-etfs-that-are-structu...
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There's already a thread on this board re this topic: https://ttlc.intuit.com/community/retirement/discussion/what-is-the-proper-way-to-adjust-the-cost-basis-for-the-slv-gld-etfs-that-are-structured-as-trusts/00/1334122 It's a long one but it's worth reading through all of the posts.
February 28, 2026
11:01 AM
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February 28, 2026
11:00 AM
No one can see your screen or your tax return. Please be specific about the help you need. What are you stuck on?
February 28, 2026
11:00 AM
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February 28, 2026
10:59 AM
Need help
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February 28, 2026
10:59 AM
It's a required question in tax law and therefore it must be asked. The full amount received will be the required minimum distribution when you complete the return. It is assumed the financial holder...
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It's a required question in tax law and therefore it must be asked. The full amount received will be the required minimum distribution when you complete the return. It is assumed the financial holder does the required calculations each year. It is not a software defect.
@SuzMarie
February 28, 2026
10:59 AM
No. The IRS does not want 132 pages mailed to them. When you print the return for filing by mail, it will print out with the appropriate pages needed to mail in.
February 28, 2026
10:58 AM
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February 28, 2026
10:58 AM
If you are referring to the property taxes you have paid on your primary personal residence, yes those deductible.
To enter, edit or delete Property Taxes - Click on Federal Taxes Click on De...
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If you are referring to the property taxes you have paid on your primary personal residence, yes those deductible.
To enter, edit or delete Property Taxes - Click on Federal Taxes Click on Deductions and Credits Click on I'll choose what I work on (if shown) Under Your Home If paid through your lender On Mortgage Interest, Refinancing, and Insurance, click on the start or update button If paid directly On Property Taxes, click on the start or update button
February 28, 2026
10:57 AM
yes, i used the interview but it still did not place the missing number from my social security into the correct box on the soc sec lump sum worksheet in order for it to calculate correctly.
February 28, 2026
10:57 AM
Yes, as itemized expenses. To enter them select the following:
Federal
Deductions and Credits
Your Home
Property Taxes
Itemized expenses include mortgage interest, gambling losses ...
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Yes, as itemized expenses. To enter them select the following:
Federal
Deductions and Credits
Your Home
Property Taxes
Itemized expenses include mortgage interest, gambling losses within limitations, charitable contributions, state and local taxes up to $40,000, medical expenses in excess of 7.5% of your AGI and federally declared casualty and losses in excess of 10% of you AGI with the first $100 not counting towards the loss.
Then your total itemized expenses would need to be greater than your standard deduction below in order to benefit from your expenses.
The 2025 Standard Deductions are as follows:
Married Filing Joint (MFJ) $31,500
Married Filing Separate (MFS) $15,750
Head of Household (HOH) $23,625
Single $15,750
Blind or over 65 and MFJ or MFS add $1,600
Single or HOH if blind or over 65 add $2.000
Standard Deduction vs. Itemized Deductions: Which Is Better?