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

Turbo Tax program should verify when a IP PIN was used last year, and therefore needs to be used again this year.  Also include the IRS address / contact information on how to view current IP PIN onl... See more...
Turbo Tax program should verify when a IP PIN was used last year, and therefore needs to be used again this year.  Also include the IRS address / contact information on how to view current IP PIN online.  This should be done before submission of taxes to IRS to avoid wasting time, especially this year as apparently IRS messed up the IP PIN numbers sent out in Jan.  Also advise user that IRS doesn't send out IP PINs to folks who voluntarily got them last year - must go online to IRS to get new IP PIN every year.
You need to get to the 8960 worksheet.  You can select "View" and "Forms" to get into forms mode.  You can select the "Open Form" icon (near top left) and search for the 8960 Worksheet (note: The wor... See more...
You need to get to the 8960 worksheet.  You can select "View" and "Forms" to get into forms mode.  You can select the "Open Form" icon (near top left) and search for the 8960 Worksheet (note: The worksheet must be edited not the actual 8960 form).   Another way to get to the worksheet if it is not listed is to open the 8960 form and select the field 5B, you should then see a magnifying glass icon that will take you to the worksheet.  When on the worksheet you should be able to enter a description and positive # for NUA not subject to NIIT in the bottom section of the Line 5b Adjustment area (I used my NUA per share X number of shares sold ( hope this is correct).  I also checked the box (if capital gain or loss) ,  not sure if box should be checked.   When you go back to the actual form 8960, line 5B should show a negative amount and be deducted from your capital gains with the results on line 5d.  
I do not want expert assistance
You will need to edit your 1099-R if you receive it and it does not match what is necessary.   If you receive a 1099-R in 2027 for the 2026 tax year that includes amounts that you have already re... See more...
You will need to edit your 1099-R if you receive it and it does not match what is necessary.   If you receive a 1099-R in 2027 for the 2026 tax year that includes amounts that you have already reported on your 2025 tax return you will need to remove that amount from the 1099-R.  You already reported it.     You can do that by just entering the correct code as though that P appeared in box 7.  The TurboTax software has space for two codes in box 7.  You'll enter that P even if it isn't there and the system will prompt you to enter the amount that was reported on the prior year's tax return.  That way you aren't taxed on it next year.
You can go back to Deductions & Credits >> Medical, then 1095-A to tell TurboTax you did NOT have a 1095-A.    If you erroneously started one, you may need to delete it and Form 8962. You can also ... See more...
You can go back to Deductions & Credits >> Medical, then 1095-A to tell TurboTax you did NOT have a 1095-A.    If you erroneously started one, you may need to delete it and Form 8962. You can also search for 1095-A and use the Jump to 1095-A  link to be taken to that section.   When you go to enter a 1095-A form, the first question is whether or not you had Obamacare.  Where do I enter my 1095-A?   How to delete forms in TurboTax Online    How to delete forms in TurboTax Desktop
Can someone from TT confirm that it's a bug and provide an estimate for the fix?
Thanks @Vanessa A for the response.   I do not have joint occupancy. Should it still be making the incorrect calculation for me?
Desktop Deluxe 2025   When you print out your 2025 tax return with Turbotax there are some informational pages at the beginning of the document before the actual federal tax returns.  One of the th... See more...
Desktop Deluxe 2025   When you print out your 2025 tax return with Turbotax there are some informational pages at the beginning of the document before the actual federal tax returns.  One of the things listed on these pages in the section called "2025 Federal Tax Return Summary" is called the "Effective Tax Rate."   The standard definition of effective tax rate is Total Tax divided by Taxable Income.  But when you make this calculation using the "Total Tax" and "Taxable Income" given in that same section, the result doesn't equal the result yielded by that standard definition of effective tax rate.   I've noticed this in previous years as well.   So what calculation is used to calculate the "Effective Tax Rate" given in this section?
You may need to return to your self-employed business and look for the Home Office topic. If an entry has been made, delete it. Or answer "No," that you do not have a home office.
This was not an import problem.  The entries for the 1099-Rs were all done manually.  As already noted I fixed this by deleting all the 1099-Rs and entering them again in a different order.  That res... See more...
This was not an import problem.  The entries for the 1099-Rs were all done manually.  As already noted I fixed this by deleting all the 1099-Rs and entering them again in a different order.  That resolved the problem  
Are you asking about box 7 codes on a 1099-R?   @cwinans    What do all the codes in Box 7 of the 1099-R mean?   Code 9 – Cost of current life insurance protection Code D – Annuity payments fro... See more...
Are you asking about box 7 codes on a 1099-R?   @cwinans    What do all the codes in Box 7 of the 1099-R mean?   Code 9 – Cost of current life insurance protection Code D – Annuity payments from nonqualified annuities and distributions from life insurance contracts that may be subject to section 1411 taxes Code 7 - Normal distribution
No. You can avoid this message by skipping the import of Form 1099-INT.  First, delete the 1099-INT you have already entered. When you add a new 1099-INT, do not enter an institution name. ... See more...
No. You can avoid this message by skipping the import of Form 1099-INT.  First, delete the 1099-INT you have already entered. When you add a new 1099-INT, do not enter an institution name. Click Skip Import or Enter a Different Way (Type it in Myself).  Choose "Interest - 1099-INT."  Enter the bank/brokerage name and the amount reported to you.    You should receive no FEIN errors using this entry path.
The SSA 1099 update function not working on my desktop 2025 Home and Business program.  I've checked and my software is up to date. When will be the fix be available?
Yes
I purchased stocks as part of stock options and in 2025 there was a put/call and a liquidation event, so I was able to sell those stocks. The firm that facilitated the sell said they would not be send... See more...
I purchased stocks as part of stock options and in 2025 there was a put/call and a liquidation event, so I was able to sell those stocks. The firm that facilitated the sell said they would not be sending out a 1099-b. How do I move forward with turbo tax?
I am very frustrated writing this. I was on my computer early to prepare for my meeting today at 2:45.  Half an hour later, I am finally on a call with the expert who hangs up immediately and reverts... See more...
I am very frustrated writing this. I was on my computer early to prepare for my meeting today at 2:45.  Half an hour later, I am finally on a call with the expert who hangs up immediately and reverts my status to file on my own. Customer service cal back will take more than one hour to get back to me, and I have rescheduled. Is this happening to others? I am hesitant that anyone will actually tune in to my appointment later today. Feeling very frustrated and disrespected as a client.