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Below are the details I encountered while I was using Turbotax for 2025 Tax year. At Investment income "Capital Loss Carryover", TT asked me to enter my capital gains and losses info of  tax year 20... See more...
Below are the details I encountered while I was using Turbotax for 2025 Tax year. At Investment income "Capital Loss Carryover", TT asked me to enter my capital gains and losses info of  tax year 2024.   After all my info were entered with AMT allowable loss -$650 from year 2024, clicked Continue button.  "Here are your capital loss carryover amounts" screen "Capital loss carryover from 2024" column shows Total $0.00 instead of -$650.   
https://turbotax.intuit.com/tax-tools/efile-status-lookup/    Sometimes people get confused by the “summary” given by TurboTax and use the wrong amount for the federal refund.  Make sure you are ... See more...
https://turbotax.intuit.com/tax-tools/efile-status-lookup/    Sometimes people get confused by the “summary” given by TurboTax and use the wrong amount for the federal refund.  Make sure you are only using the federal refund amount, and not an amount that combined your federal and state refunds.     Your federal refund amount is on line 35a of your Form 1040   https://www.irs.gov/refunds
@Confusedmom26 You do not have to wait for your daughter to amend.   Waiting will not help you at all.   You can print, sign and mail your own return that claims her as a dependent any time you have ... See more...
@Confusedmom26 You do not have to wait for your daughter to amend.   Waiting will not help you at all.   You can print, sign and mail your own return that claims her as a dependent any time you have your return ready to put in an envelope, or you can get an IP PIN and try to e-file.    Kids do this all. the. time. and the parents end up with the inconvenience of having to file by mail or get IP PIN's.
That option still doesn't work. After deleting my state from the places I've lived, it does show the state and local income tax deduction, but it fills in the spot with $0 instead of the that amount.
Go to this IRS website - https://www.irs.gov/identity-theft-fraud-scams/retrieve-your-ip-pin
This is a known experience that is being addressed by the development team.  You may use the link in the TurboTax help article below to register your email address and be notified as the program is u... See more...
This is a known experience that is being addressed by the development team.  You may use the link in the TurboTax help article below to register your email address and be notified as the program is updated:   Why do I get "Something went wrong" screen when I try to add Farm Income?   @MMZTU   
See that the taxable amounts on your 1040 are your distributions minus your QCD. 
@Confusedmom26 Enter her as a dependent with an IP PIN and e-file.  There is no need for you to wait for her to amend her tax return.  It will take the IRS 16 weeks of longer to process the amended r... See more...
@Confusedmom26 Enter her as a dependent with an IP PIN and e-file.  There is no need for you to wait for her to amend her tax return.  It will take the IRS 16 weeks of longer to process the amended return.
Making this mistake delays refund. I won’t use TurboTax again because they have made my refund delay. It’s been more than 21 days. I learned that LCC is rather for those pursuing graduate degree and I... See more...
Making this mistake delays refund. I won’t use TurboTax again because they have made my refund delay. It’s been more than 21 days. I learned that LCC is rather for those pursuing graduate degree and I mistakenly chose AOTC
Thanks. I do not see the waiver requirement of paying more than 110% of my prior year tax as also being contingent on when payments are made. I made timely estimated tax payments prior to each of the... See more...
Thanks. I do not see the waiver requirement of paying more than 110% of my prior year tax as also being contingent on when payments are made. I made timely estimated tax payments prior to each of the four deadlines and ended up at 117%. I specifically targeted the amount paid to be more than 110% to avoid the penalty. Based on the requirement of "you can avoid a penalty by paying at least 110% of your total tax from the prior year", should I not qualify for the waiver even if I withheld nothing and made one estimated payment prior to the fourth deadline in January? TT obviously knows how much my 2024 total tax was (because it filled it in for me) and knows how much I paid for 2025. Years ago, I recall a pretty simple process of claiming a waiver when you had paid more than 110% but I can't find a way to do that now.  
This is a known experience that is being addressed by the development team.  You may use the link in the TurboTax help article below to register your email address and be notified as the program is u... See more...
This is a known experience that is being addressed by the development team.  You may use the link in the TurboTax help article below to register your email address and be notified as the program is updated:   Why do I get "Something went wrong" screen when I try to add Farm Income?    
This is a known experience that is being addressed by the development team.  You may use the link in the TurboTax help article below to register your email address and be notified as the program is u... See more...
This is a known experience that is being addressed by the development team.  You may use the link in the TurboTax help article below to register your email address and be notified as the program is updated:   Why do I get "Something went wrong" screen when I try to add Farm Income?  
Tried this online and it did not fix the issue.  My 5695 still does not populate correctly.  I've deleted the form and re-entered the information multiple times.
I am in the same boat but after researching I have came across multiple answers and am more confused than before.   I amended her taxes yesterday. So can I refile (by efile) mine with her as a depe... See more...
I am in the same boat but after researching I have came across multiple answers and am more confused than before.   I amended her taxes yesterday. So can I refile (by efile) mine with her as a dependent tomorrow (with a IP pin) or do I have to wait for her amended return  to get accepted? which I know takes forever and could require me to get an extension. or   do I go ahead and submit my taxes without her and then in a couple months amend mine to show her added?   which way would be the less headache? Truthfully, We have never had this issue before.  Thank you in advance.   
To 2025 from 2024?  Or to 2026 next year?    On the income page The 2025 column shows the carryover to 2026 (not your current loss for 2025). Schedule D doesn't actually show the carryover amount. T... See more...
To 2025 from 2024?  Or to 2026 next year?    On the income page The 2025 column shows the carryover to 2026 (not your current loss for 2025). Schedule D doesn't actually show the carryover amount. To find your Capital Loss Carryover amount you need to look at your return schedule D page 2. Line 16 will be your total loss and line 21 should be a max loss of 3,000. The difference between line 16 and 21 is the carryover loss for next year.   Then there are 2 worksheets…. Capital Loss Carryover worksheet showing the carryover from the prior year and the current amounts. Capital Loss Carry Forward worksheet showing the amount transferring over to next year. In the Online version you have to save your return with all the worksheets as a pdf file to your computer to see the Capital Loss worksheets. You need to use Online Premium to enter a Capital Loss Carryover and investments. Or any of the Desktop programs. In the Desktop program you can switch to Forms Mode and open the worksheets. But if you have a negative AGI or negative taxable income it will show up on 1040 BUT it won't reduce the carryover to the next year.   Each year you get to first offset the carryover loss against any gains you have each year so that can use more of it up. Then after applying the loss to the current gains if there is still a loss, you can take a max loss of 3,000 per year.        
Is the credit the Saver's Credit?  If so, click on My Info on the left side of the online program screen.  Edit your information and enter your occupation as Student.  This will remove the credit and... See more...
Is the credit the Saver's Credit?  If so, click on My Info on the left side of the online program screen.  Edit your information and enter your occupation as Student.  This will remove the credit and allow you to use the Free edition.
401k funds designated roth but not roth IRA. If I say it is not from a Roth IRA, am I being double taxed?
@fxspain wrote:  I also tried reducing prior depreciation by $267, but this only increased the 2025 depreciation allowance by $10.   Yeah, after your last post I tested it in my professional... See more...
@fxspain wrote:  I also tried reducing prior depreciation by $267, but this only increased the 2025 depreciation allowance by $10.   Yeah, after your last post I tested it in my professional software and go a similarly small result.  But you should still do that to get the correct amount.   My only GUESS is that somehow there was an error that the program wasn't registering the date correctly.  Out of curiosity, if you NOW change it BACK to December 1st, is it still correct or does it revert back to the weird amount?