turbotax icon
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

All Posts

You're going to enter the asset with a disposal date of the last day of the business.  The business will "sell" the asset with a sale price of zero dollars.  This results in a loss on the sale of wha... See more...
You're going to enter the asset with a disposal date of the last day of the business.  The business will "sell" the asset with a sale price of zero dollars.  This results in a loss on the sale of whatever the value of the asset was and the loss will pass through on the K-1s to the stockholders.   Alternatively, the asset can be sold for its disposal value (if it is scrapped, for instance) or sold for the exact amount of its value if the owners are just going to take it home so that there is no loss.
Still no response about how to access Will Builder. I'm pretty sure this is a scam. Beware when considering Will Builder when filing your taxes through Intuit TurboTax.
TurboTax has no control over Federal or State processing of returns.   However, you can check your State status on this site:  Check your state tax refund status  
I wish I would have known that beforehand. My assumption was that I would be able to file  another return using the same account but file specific to my individual info. Now I’m unable to do so, as m... See more...
I wish I would have known that beforehand. My assumption was that I would be able to file  another return using the same account but file specific to my individual info. Now I’m unable to do so, as my email is already in use!!!
Should be just as easy or even easier to manually enter it.  Just go to the bottom and pick Skip Import or Change How I enter my Form.   Then just enter the bank name and put the amount in box 1.    ... See more...
Should be just as easy or even easier to manually enter it.  Just go to the bottom and pick Skip Import or Change How I enter my Form.   Then just enter the bank name and put the amount in box 1.       
Figured out the problem. It was being transferred from another system. I had to delete the state, transfer without it, and then download the state on the new system.
If you didn't choose Pay with my refund, the check will go from the IRS to your account.   If you did choose Pay With My Refund, your tax return check will go to an independent bank.  The TurboTa... See more...
If you didn't choose Pay with my refund, the check will go from the IRS to your account.   If you did choose Pay With My Refund, your tax return check will go to an independent bank.  The TurboTax fees plus a bank processing fee will be taken out, and the balance will go to your bank.
Please clarify - have you done the federal S-Corp returns already?  Once you've done that any state filing should be generated by the system.
A TurboTax Expert sent me two emails with information, but the emails say I have to login to the website to see the messages. After I login, I can't find where the messages are. Searching online only... See more...
A TurboTax Expert sent me two emails with information, but the emails say I have to login to the website to see the messages. After I login, I can't find where the messages are. Searching online only tells me to look in my account information or to look for a bell icon on the top-right of the window. I still can't find any messages. Where should I be looking?
Virginia State does not prompt me to enter 529 contributions.  The help documentation asserts that users will be prompted to enter the deduction but they are not. This is a very common deduction that... See more...
Virginia State does not prompt me to enter 529 contributions.  The help documentation asserts that users will be prompted to enter the deduction but they are not. This is a very common deduction that tens of millions of taxpayers make.  Why is it not prominently featured in the wizard-based questionnaire?  This has been a problem for years. TurboTax please fix this.
Specific details of a QCD are not to be included anywhere in you tax return.  In the unlikely event that the IRS questions the QCD, they will ask for supporting documentation.
My bank is not listed on the provider list for my 1099-int.
We can't see your return, but we can suggest troubleshooting techniques.   If this was on your current return and your AGI jumped >$26,000. Check the last thing you posted. Be sure you di... See more...
We can't see your return, but we can suggest troubleshooting techniques.   If this was on your current return and your AGI jumped >$26,000. Check the last thing you posted. Be sure you didn't post a decimal place wrong  View the tax summary to see if anything looks strange. On the left sidebar Select Tax Tools Tools From dropdown select View Tax Summary Review the summary If this is a year-over-year issue   To access prior-year TurboTax returns, Sign in to ‌TurboTax  You'll have to use the same user ID,  Go to Tax Home Scroll down to Your tax returns & documents Choose the desired year Download or print the PDF.    You can view your 1040 tax return and the supporting three schedules in the online version of TurboTax.   On the left menu, scroll down to Tax Tools. If necessary, click the side arrow and select Tools.  A box will appear in the middle of the screen. Select View Tax Summary. A tax summary will appear. On the left side menu bar, select Preview My 1040. This will bring up a copy of your 1040 Tax return. If you continue to scroll down, Schedules 1,2 & 3 are available if they are required. Some key numbers on the form are: Taxable income is line 15 Total tax is line 24 Federal Income Tax withheld is line 25d Tax credits are listed on 27 - 30 If there was an underpayment, there may be a penalty Refund is posted to line 34 The amount you Owe is line 3  
My ex got custody of our daughter July 23, 2025. Due to the circumstances around that, we have not spoken since. She was with my husband and I for more than half the year, so I did claim her on our t... See more...
My ex got custody of our daughter July 23, 2025. Due to the circumstances around that, we have not spoken since. She was with my husband and I for more than half the year, so I did claim her on our taxes. Would they have been rejected immediately instead of being accepted if he had already claimed her?
I bought a lot in 2023 and began building an investment house in June of 2024.  The house was finished in April of 2025, and I sold it in July at an unexpected loss.  How the amount reported on the 1... See more...
I bought a lot in 2023 and began building an investment house in June of 2024.  The house was finished in April of 2025, and I sold it in July at an unexpected loss.  How the amount reported on the 1099-S is added to my tax return?  Can I claim the loss?
Upon the death of the decedent, responsibility to distributed the decedent's RMD for the year shifted to the the beneficiaries.  On the decedent's tax return, do not include as a required amount any ... See more...
Upon the death of the decedent, responsibility to distributed the decedent's RMD for the year shifted to the the beneficiaries.  On the decedent's tax return, do not include as a required amount any portion that shifted to beneficiaries.   With the entire balance having been distributed to beneficiaries, the year-of-death RMD has been satisfied.  All that matters on the beneficiaries' tax returns is that Form 5329 Part IX is not populated.  That can be done by either indicating that no RMD was required (even though it was),  or by indicating that the required amount was some portion of amount that was actually distributed.  
My daughter, a non dependent (turned 24 in 2025) received a 1098-T (for $10K) and a 1099-Q (for part of the year's distribution--$3K). I, the parent and 529 custodian also received a 1099 Q for the b... See more...
My daughter, a non dependent (turned 24 in 2025) received a 1098-T (for $10K) and a 1099-Q (for part of the year's distribution--$3K). I, the parent and 529 custodian also received a 1099 Q for the balance on the 1098-T of $7K.  TT says I don't need to enter the 1099 Q I received.  Is that correct? Does it need to be entered on MY personal taxes? And, if so do I enter PART of the 1098T on my daughter's taxes and PART of the 1098T on my taxes?
Clear cache and cookies on your web browser.  Or change your web browser to one of these that you are not currently using, Google Chrome, Mozilla Firefox, Microsoft Edge