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Hi, Thanks for your answer, but  this is not the screen I get in the TurboTax Desktop Premiere version - in my program, the cost of the property has already been autofilled from the previous year's return, and I am first asked to "verify" that. Then there are a couple of screens asking about special handling, and I get to a "Sales Information" screen that asks me to allocate expenses between the house and the land.  There is NO WHERE that the program indicates where I can "adjust the cost basis" from the previous year's information. It appears that this year's program has failed to account for this step. So it seems that my only solution is to add the cost of improvements to the selling expenses, which I then allocate between house, land, and other assets sold along with the house (new heater, etc). But I feel like this inflates my "sales expenses" to an unusually high amount (we did quite a bit of improving) and might be a red flag?

In TurboTax Home & Business Desktop for 2025, the self-employed health insurance premiums deduction is entered through your business income and expenses area, not directly on the Schedule 1 worksheet. To enter your self-employed health insurance premiums, follow these steps: 1. Go to the Federal Taxes section, then select Wages & Income. 2. Choose I'll choose what I work on if prompted. 3. Under Business Items, find Business Income and Expenses (Schedule C) and select Start or Update. 4. Continue through your business information until you reach the Business Expenses screen. 5. Select Start or Update next to All Other Expenses. 6. Enter your total self-employed health insurance premiums in the field for Self-Employed Health Insurance Premiums. This will automatically carry over the deduction to Schedule 1, line 17, and the box will be filled by the software. You can't edit that box manually because it is calculated based on your entries in business expenses.

Thanks for the reply.  I found an article in the forum.  I did not folow it correctly at first , thus not able to fix it.  But after re-reading it, i found my problem and corrected the issue.  This way is also easier to fix in the 1099-DIV.

your path to enter SE health premiums is not in 2025 Home ^ Business desktop version. How do I get it entered. In the 20 years, I've been filing as a self-employed individual using TurboTax I have never had this problem. What happened? How do I get the number entered?  

Bonus depreciation from a cost segregation study is handled by entering each asset from the study separately in the depreciation section of TurboTax. TurboTax will automatically apply any eligible bonus depreciation for the shorter-life assets when you enter the cost and placed-in-service date.

If you have received a second W-2 from the same employer due to a payroll provider change, you should enter both W-2s separately in TurboTax. Here’s how to handle this: 1. Go to the Wages & Income section. 2. Select Add a W-2 for each form. 3. Enter the details exactly as they appear on each W-2. If the federal wage info on both forms is the same but state or local info differs, enter all info from the most complete W-2, then add the differing state or local details on the same W-2 screen. Keep both forms for your records. This ensures that all income and tax withholding is reported accurately.

It depends. For tax reporting involving oil pumping locations, there's no general requirement to provide the physical address of where the oil is pumped when filing taxes in TurboTax. However, if you are reporting specific activities such as Foreign Base Company Oil Related Income under IRS rules, geographical location details might be needed on certain tax forms for compliance. Typically, TurboTax doesn't ask for the exact pumping location address for ordinary individual tax returns. If needed, you would provide any required location information such as longitude or site details on specialized forms like Form 8911 or during business-specific filings. Ensure that you follow the IRS instructions for any specific forms related to oil or energy activities, and enter information accurately as requested within TurboTax.

Not sure why you stick to 1099-MISC. I just wanted to know where the ordinary income from ESPP sale I entered in the TurboTax is shown on the tax return. This ordinary income has nothing to do with 1099-MISC. Now I know where it is shown. Did I misunderstand your reply? Thanks for your help.

"Mine is not about two boxes checked for 5c on 1040.  Actually, the 1040 looks identical to my last year's 1040 in the IRA section."   If that's the case, it seems that your issue is something other than the one discussed in this thread.  This thread only applies to those who received a distribution reported with code H in box 7 of a Form 1099-R.  For a code-H distribution, TurboTax had been mistakenly marking the Rollover box on line 4c instead of marking the Rollover box on line 5c.  TurboTax has been corrected so that it now marks the Rollover box on line 5c, not the Rollover box on line 4c, when code H is present on the Form 1099-R.

In the same boat here. I thought I had figured out how to enter improvements by adjusting the cost basis manually, but then the adjusted basis did not flow to the state form, and when I posted the query on a different thread (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) I got contradictory information - some experts telling me to add the improvements expenses to the sales expenses, and apportion them proportionally to land, house, other purchased assets - which seems like it would raise a huge red flag, if you added (in the OP's case) $150K+ of sales expenses - and other experts telling me to add the improvements to the cost basis by "adjusting the cost basis". But I have yet to receive instructions about where and how to "adjust the cost basis" so that the depreciation is also calculated correctly (if you own a property over multiple years, it will already have depreciated, and I assume there is some formula involved when you add in improvements on the cost basis of a property that has depreciated since purchase?) I have had my taxes on hold now for a week or so waiting to get a definitive answer, or for the program to update.  Also a 25+ year user of TurboTax, so I know my way around the program (and doing taxes in general). I updated this year to the 'Premiere' program while I was midway through prep, thinking that it might have the interview steps needed to deal with the expensing of improvements, and was MASSIVELY disappointed - all it had was a link to "extra help" which then described a series of screens and steps that DO NOT EXIST within the program (see my earlier reply above). So, a waste of an additional $40 for the upgrade, and not sure what my next steps will be. Certainly not going to pay TurboTax more for "expert help" if I'm going to get contradictory advice. Hoping they get the program working before April 15, in the meantime I'm sitting on hold. 

In TurboTax Online Premium, you may enter the IRS Schedule 8949 by following these steps:         Down the left side of the screen, click Federal. Down the left side of the screen, click Wages & Income. Scroll down to Investments and Savings and click the down arrow to the right. Click Start / Revisit to the right of Stocks, Cryptocurrency, Mutual Funds, Bonds, Other. Click Add investments. At the screen Save time and connect your financial accounts, click Enter a different way. At the screen How do you want to add your docs?, click Type it in myself. At the screen OK, let’s start with one investment type, select Stocks, Bonds, Mutual Funds.  Continue. At the screen Which bank or brokerage is on your 1099-B, enter the information. Click Continue. Do these sales include any employee stock, click No. Do you have more than three sales on your 1099-B, click No. Do these sales include any other types of investments, click No. Did you buy every investment listed on your 1099-B, click Yes.  Click Continue. At the screen Now, choose how to enter your sales, select One by one.  Click Continue. At the screen Look for your sales on your 1099-B, click Continue. At the screen Now enter one sale on this 1099-B, under sales section select Long-term did not receive 1099-B form. Enter remaining information.  Click Continue. Repeat as necessary by clicking Add another sale.  Click Continue. At the screen Now, choose how to enter your sales, you may also select Sales section totals and import a .jpg of the IRS form 1099-B.