All Posts

This csv crap is the last straw. I am with the previous poster. Just switched everything over to FreeTaxUSA and it was a total breeze. Over 4,500 crypto transactions uploaded flawlessly. Had an 8949 summary form with all backup from Awaken Tax, filled in 4 lines for short term and long term gain/loss and it was a done deal. Should have switch tax services years ago to be honest. Having to pay over $200 to file my own taxes is beyond ridiculous. Cost me under $20 to file both federal and state with FreeTaxUSA, and that was with an optional support add on I opted for. Didn't even come close to needing it though because the software was easy to use, straight forward and actually worked correctly...Imagine that! Do yourself a favor and ditch Turbo Tax for something else that won't stress you the f*ck out and make you feel like an idiot bashing your head against a brick wall every tax season.

Please clarify for my situation. Our non-dependent son was on our ACA plan 1/1/25 - 6/30/25, he files his own taxes. We received 1 1095-A that shows the three covered individuals, our son 1/1-6/30 and the two of us 1/1-12/31. Our part 3 values changed when our son left the policy. We chose an agreed upon % of 33 and 67%.  I entered our son as January - June for the coverage and input our portion of the shared policy as 67%, I don't see an option to increase our % to 100% for July - December.  I checked on forms 1095-A and 8862 and do not see a way to divide the percentages.   Are you saying that we should manually change to premium information in part 3 of form 1095-A to match the agreed upon percentage of allocation between us?   Another question is why does the 'get help with this' on the What's your portion of this shared policy page state that the 'Your SLCSP %' is usually left blank?    

Based on this link, it looks like it makes difference only if we itemize and sum of charities (and few other expenses like Property, state, and local tax deduction ) is greater than standard deduction amount.    https://www.fidelitycharitable.org/guidance/charitable-tax-strategies/charitable-tax-deductions.html

I was told by another expert on this forum NOT to add improvements to the original cost, but to add them to the sales expenses. See here: https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/adusted-cost-basis-for-sold-rental-property-not-transferring-to-state-return-how-to-fix/00/3822629?relatedcontent=3822629   Which is it?

I think I have found a workaround for my situation.     My situtation:  Married filing jointly and I need to submit form 5329-S (works for 5329-T too) since my spouse has an inherited IRA which she didn't take a RMD from due to the IRA getting transferred from one account to another.  We took a corrective action and took the distribution ASAP in 2026 (the missed deadline was Dec 31, 2025) and are seeking a full and complete waiver of the penalty.   Broken Workflow: On form 5329-S , Part IX (for example, I'll use $1000 as the RMD) Line 52b:   Entered $1000 Line 53b: Entered $0 Waiver of Tax Smart Worksheet: A: Entered $1000 (amount lights up as RED to indicate an error) Explain: Entered a reasonable explanation (seemed to save just fine).   The issue is that TurboTax insists section A of the waiver is incorrect and it remains RED.  As a result, Line 54b is not calculated to be $0 as it should be.   The Workaround: I entered the information in section B of the Waiver of Tax Smart Worksheet instead:   Waiver for Tax Smart Worksheet: B: Entered $1000 (the amount is BLUE to indicate no error) Explain: Entered a reasonable explanation.   The result is that line 54b reads correctly: SEE STMT RC 1000 Calculated Value $0   Verification: Printed just the form and it contains all the information (including explanation) necessary. I'm not quite ready to file yet, but I believe since there are no error, I won't have an issue filing electronically.   Hope that helps someone out! This is beyond frustrating after having paid for the product.   TurboTax, get your act together!  

You can follow the steps in this help article to get back in touch with your assigned Expert or another one.   See also this help article that explains the steps in the Full Service process. @ro050408 

Yes, you can remove your Illinois state tax filing.  As a Servicemember you do not have to file in the state you are stationed in, just your State of Legal Residency (SLR/Home of Record).  See Military Personnel Tax Tips - TurboTax for more details and information.     In TurboTax, from the list of states, just delete from the list.  See How do I delete my state return in TurboTax Online?    

I have made the change as miscellaneous income, and $179.82 shows up on Form 1040 line 1h.   When I receive a 1099-R in 2027 (Tax year 2026), there should be 2 forms.   Should I report or ignore the $179.82 on the Form 1099-R since I already reported it on my 2025 tax return? Even if it's code P, do I still report it in 2026? - As it is already taxed in 2025, and should not affect my 2026 taxes.   I will report the 1099-R for earnings $18.14 on my 2026 tax return. Form 1099-R Code 8