All Posts
March 10, 2026
4:37 PM
I need to add a second member for our partnership LLC. I don't see an option to. When I search online, it says to go to the Member Summary screen and add/edit. The only buttons on the screen are Back...
See more...
I need to add a second member for our partnership LLC. I don't see an option to. When I search online, it says to go to the Member Summary screen and add/edit. The only buttons on the screen are Back or Done.
Topics:
March 10, 2026
4:37 PM
You can change it by following the steps below. I had to leave the yes in there on the screen that said Application for Refund, and go to the next screen and make the Apply How Much? zero and then go...
See more...
You can change it by following the steps below. I had to leave the yes in there on the screen that said Application for Refund, and go to the next screen and make the Apply How Much? zero and then go back and say No.
If you are using TurboTax Desktop:
Click on Federal Tax Tab (Personal Income) and
Click on Other Tax Situations Tab
Scroll down to Additional Tax Payments and look for
Apply Refund to next year
Click Start or Update to the right of Apply Refund to Next Year
Your screen will say Application for refund
Leave the Yes there to get the next screen
Make sure the next screen does not have a number in it The screen says Apply How Much?
Make sure you have edited that to zero then go back and say no
Your screen should show your revised refund
If you are using TurboTax Online:
Click on Federal in your left panel of your TurboTax screen
Click on Other Tax Situations then Other Tax Situations Summary
Scroll down to Additional Tax payments
Click Start or Revisit next to Apply Refund to next year
Leave the Yes there to get the next screen
Make sure the next screen does not have a number in it. The screen says Apply How Much?
Make sure you have edited that to zero then go back and say no
Your screen should show your revised refund
Please return to Community if you have any additional information or questions and we would be happy to help.
March 10, 2026
4:36 PM
Topics:
March 10, 2026
4:36 PM
Either can work, but "Various" is often the most reliable way to avoid issues with complex 1099-DIV allocations in tax software. Sometimes using RIC has its limitations because the software might not...
See more...
Either can work, but "Various" is often the most reliable way to avoid issues with complex 1099-DIV allocations in tax software. Sometimes using RIC has its limitations because the software might not properly link it to the passive category for Form 1116, which may have happened to you. As a result , a smaller Foreign Tax Credit will be calculated. Using "various" will always put this into a Passive Category Income 'bucket" and is more reliable.
Usually, reporting this into one 1099 DIV will suffice but splitting this into three Div entries will work, if done properly.
March 10, 2026
4:36 PM
unale to determine the toal amount of my social securit is taxable the total is $36,234
Topics:
March 10, 2026
4:36 PM
Thank you for your response. I do feel like this is a flaw in the TurboTax software because nowhere did it say that. If I hadn't asked, I wouldn't even know. Not your fault, just putting that out the...
See more...
Thank you for your response. I do feel like this is a flaw in the TurboTax software because nowhere did it say that. If I hadn't asked, I wouldn't even know. Not your fault, just putting that out there for the product/IT teams to update these things.
March 10, 2026
4:36 PM
Did you see my reply yesterday? It's unclear to me where I do step 3 and how I share the token number and state. Matthew
March 10, 2026
4:36 PM
Trabaje restaurando votes
Topics:
March 10, 2026
4:34 PM
If you're using TurboTax Desktop on the same computer as last year, look in Documents > TurboTax for your prior year tax data files. You can also search your computer for .tax2024 files.
@shen...
See more...
If you're using TurboTax Desktop on the same computer as last year, look in Documents > TurboTax for your prior year tax data files. You can also search your computer for .tax2024 files.
@shenry32162
March 10, 2026
4:34 PM
Yes, you can enter the QBI Carryforward loss from 2024 on your 2025 return if it wasn't included. The item Net Operating Loss/ QBI Carryforward Loss appears in TurboTax Desktop, under Less Common Bus...
See more...
Yes, you can enter the QBI Carryforward loss from 2024 on your 2025 return if it wasn't included. The item Net Operating Loss/ QBI Carryforward Loss appears in TurboTax Desktop, under Less Common Business Situations in Schedule C. In Online, it is a little more difficult to find, but it is there. Scroll down to Uncommon Situations and select the item labeled "Unused expenses, carry overs, non-depreciable assets, etc.". From the list that follows, select "I have at-risk losses carrying over from last year". The next screen includes boxes to enter either at-risk losses or QBI Carryforward losses. Enter the carryover amount as a positive number in the QBI section; it can then appear on Form 8995 Line 3 as a deduction. After you've entered your QBI Carryforward from last year, if applicable, and all of your income and expenses for 2025, TurboTax can calculate any QBI deduction for this year. See this help article for more information. [Edited 03/10/26| 4:38pm PST] @DRB (edited)
March 10, 2026
4:34 PM
Thanks. Did both those things ... the option is simply not there. Tech support confirmed that.
March 10, 2026
4:33 PM
I continued beyond property description page and was never asked about sales expenses. Is there another item I need to check to trigger this question?
March 10, 2026
4:32 PM
Are you using the Online version? You can override the 1040ES amounts in the Desktop program or adjust them several ways. And what I do is take the amounts from Turbo Tax and write them in on the...
See more...
Are you using the Online version? You can override the 1040ES amounts in the Desktop program or adjust them several ways. And what I do is take the amounts from Turbo Tax and write them in on the actual IRS 1040ES forms the IRS mails me each year that are preprinted with my name and ssn. So then they will fit in the window envelopes. Very easy. Or the easiest and best is to pay them directly online to the IRS.
March 10, 2026
4:32 PM
No. Win10. When I pulled the 2024 file into 2025, I needed to use the password. BUT when I saved the 2025 file and then reloaded it ... no password. This seems to be a case of the doc folks getti...
See more...
No. Win10. When I pulled the 2024 file into 2025, I needed to use the password. BUT when I saved the 2025 file and then reloaded it ... no password. This seems to be a case of the doc folks getting ahead of actual code.
March 10, 2026
4:31 PM
Hi Amy With your answer to #2 you are contradicting what Diane advised, and now I am confused. My original question was because adjusting the cost basis of the property caused an issue with t...
See more...
Hi Amy With your answer to #2 you are contradicting what Diane advised, and now I am confused. My original question was because adjusting the cost basis of the property caused an issue with the state return (see my original question). Diane's advice to add the 2025 improvements to the expenses was intended to circumvent this issue. It's also fully unclear WHERE YOU ENTER THE ADJUSTED COST BASIS. The Turbotax software does not ask this question in the interview. So I don't know how to do this in a way that will not throw things off. The original cost basis (plus depreciation) autofills/autoflows. I don't think it's right to change that figure, so: WHERE? Thank you!!!
March 10, 2026
4:30 PM
If your SSA-1099 provides no more description than 'Paid in 2025 for Other Tax Years', I would allocate the $1,049 over the values for years 2021 through 2024.
However, assigning the payment to...
See more...
If your SSA-1099 provides no more description than 'Paid in 2025 for Other Tax Years', I would allocate the $1,049 over the values for years 2021 through 2024.
However, assigning the payment to 2020 is a valid option.
Make sure that you retain records for how the payment was reported. Retain the records with your tax documents should a tax authority have a question at a later time.
@kgstark
March 10, 2026
4:29 PM
I am using turbotax premium for 2025 return. I do not see a place under installment sales " property description" that asks about sales expenses. Am I using the wrong place of entry?
March 10, 2026
4:29 PM
Where should a business owner enter IRA contributions made to a SIMPLE plan for a business they own? Entering under traditional IRA for the full $16,500 triggers an alert that you have overfunded...
See more...
Where should a business owner enter IRA contributions made to a SIMPLE plan for a business they own? Entering under traditional IRA for the full $16,500 triggers an alert that you have overfunded your IRA. This is incorrect since that is the limit, It is not subject to the $7000 traditional IRA limit.
March 10, 2026
4:27 PM
Birth year entered is correct and prior to 2003. TT online premium does not allow to preview the return without paying first, so I cannot preview unless I pay.
March 10, 2026
4:26 PM
1 Cheer
You probably need to file a DC return but not D-40 income tax return. The DC filing requirement is based on your gross rental income before expenses. If your rental income exceeds $12,000 for 2025, ...
See more...
You probably need to file a DC return but not D-40 income tax return. The DC filing requirement is based on your gross rental income before expenses. If your rental income exceeds $12,000 for 2025, you must file Form D-30 Unincorporated Business Franchise Tax Return. Even if your property is a net loss, you need to pay the Franchise Tax (minimum $250).
If your gross rental income is less than $12,000, you do not need to file the D-30.
If your rental property is furnished, you also need to file a Personal Property tax return with DC. Unless the furnishings are worth over $225,000, there is no additional tax but filing is still mandatory.
NJ- file the NJ-COJ for tax paid to DC. If you didn't pay tax to DC in 2025, you would not file for a credit for 2025 and you can complete your personal tax return.
You should already have your business license that allows you to rent the property.
If you don't, you can Apply via the DC Business Center.
Select I want to Start from the dropdown.
Select rental housing from the dropdown.
Once you have your license, you register to pay taxes.
Go to MyTax.DC.gov: Look for the link "Register a New Business - Form FR-500."
Tax Types to Select:
Unincorporated Business Franchise Tax (D-30): Select this if your gross income is over $12,000.
Personal Property Tax (FP-31): Select this if you provide appliances or furniture.
Wait for your Notice: After submitting the FR-500, OTR will mail you a "Notice of Business Registration" containing your Notice Number.
Reference: DC Rental Property FAQ