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

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

All Posts

Yes. Form 8606, Nondeductible IRAs is created when you enter the nondeductible IRA section of the Backdoor Roth IRA entry. This form will be filed with your tax return.
In TurboTax Online, to enter mortgage points for your new rental property purchased in 2025, follow these steps: 1. Go to the Wages & Income section. 2. Scroll down to Rental Properties and Royal... See more...
In TurboTax Online, to enter mortgage points for your new rental property purchased in 2025, follow these steps: 1. Go to the Wages & Income section. 2. Scroll down to Rental Properties and Royalties and select Edit beside your rental property. 3. Find the section for Expenses/Assets (Depreciation) and click Edit or Add expense or asset if needed. 4. Within the rental property asset details, look for the option to enter loan closing costs, including mortgage points. 5. Mortgage points are generally amortized over the life of the loan for rental properties, so enter the total amount you paid, and TurboTax will guide you through amortizing it. If the exact prompts don’t appear as described, use the search bar in TurboTax to search for “mortgage points” or “loan costs” within the rental property section.
I agree, I don't work for TT though, just trying to help with best solutions I know.  vpn's and anti-virus off (check history of your pc protection, as seems a number are blocking TT hence why I sa... See more...
I agree, I don't work for TT though, just trying to help with best solutions I know.  vpn's and anti-virus off (check history of your pc protection, as seems a number are blocking TT hence why I said turn it off first,  even Windows Defender needs to allow TT products through including print and save it seems, these are issues with the antivirus, not TT).  Do this and uninstall and reinstall has worked for most.   You can also contact TT support.
i am using the 2025 desktop version for windows. i prepared my 2024 taxes in my turbotax account by desktop,on a different computer
How does Turbotax calculate the amount for Line 19 (expenses), i.e the amount "Used for exclusion"? I can't make sense of the number. I have Total Qualified Expenses of $43,911 ($43,377 tuition and f... See more...
How does Turbotax calculate the amount for Line 19 (expenses), i.e the amount "Used for exclusion"? I can't make sense of the number. I have Total Qualified Expenses of $43,911 ($43,377 tuition and fees plus $534 books) for the Lifetime Learning Credit. No scholarships, just a 529 Qualified Dist. of $41,498 with room and board of $11,800. Line 19 Used for exclusion calculates $29,698, with then leaves me with $14,213 Adjusted Qualified Expenses. How is that $29,698 calculated?
Of course you don't have to start over.  What difference does it make if TurboTax says you didn't file 2024.  If the IRS says you filed, that's all that matters. TTax is a tool you bought; just a com... See more...
Of course you don't have to start over.  What difference does it make if TurboTax says you didn't file 2024.  If the IRS says you filed, that's all that matters. TTax is a tool you bought; just a computer program creates a spreadsheet called a tax return.  It's not the IRS, nor is it a person.  Just finish up and file your taxes.  
In TurboTax Online, to enter the Michigan Flow-Through Entity (FTE) tax for 2025, you need to access the Michigan State Taxes section. 1. Go to the State Taxes section. 2. Select Michigan from yo... See more...
In TurboTax Online, to enter the Michigan Flow-Through Entity (FTE) tax for 2025, you need to access the Michigan State Taxes section. 1. Go to the State Taxes section. 2. Select Michigan from your list of state returns. 3. Look for the part related to Michigan business or pass-through entity taxes. 4. Enter the Flow-Through Entity tax payment amount as indicated on your tax documents. This feature is usually included in the state tax section for businesses or pass-through entities. If you cannot find a specific place, it might require TurboTax Business for complete business tax reporting.
Thanks.  My "needs review" isn't yellow and doesn't allow me to click/edit ... and no dropdown arrow to expand/edit.   Truly an inconvenience...but appreciate you providing encouragement to stay th... See more...
Thanks.  My "needs review" isn't yellow and doesn't allow me to click/edit ... and no dropdown arrow to expand/edit.   Truly an inconvenience...but appreciate you providing encouragement to stay the route with the desktop version i already bought.  I'd actually stepped up my purchase of a new PC, too, since my old one didn't have the necessary Windows version for TT this year.
Yes, you can ignore the penalty amount.  Penalty amounts for the underpayment of estimated tax are calculated by IRS whether or not there is an amount included on the tax return for the penalty.  You... See more...
Yes, you can ignore the penalty amount.  Penalty amounts for the underpayment of estimated tax are calculated by IRS whether or not there is an amount included on the tax return for the penalty.  You won't have to pay the additional penalty.  You can also go to Forms view and select Form 2210 and input the amount you paid the paid the tax due on the original return on line D at the top of page 1 of the form.
Yes.  It does automatically hyphenate the EIN, but if you enter the hyphen, it does not make any difference in that it recognizes that the user entered a hyphen so it does not duplicate the hyphen an... See more...
Yes.  It does automatically hyphenate the EIN, but if you enter the hyphen, it does not make any difference in that it recognizes that the user entered a hyphen so it does not duplicate the hyphen and does NOT cause the EIN to be one number short. 
how do i remove the gain on a sale of a house from AMT when it is a Non taxable gain
If you are planning to claim a home office deduction as a trader, then you will need to use a TurboTax Desktop version because there is a manual adjustment that must be done directly in Forms for the... See more...
If you are planning to claim a home office deduction as a trader, then you will need to use a TurboTax Desktop version because there is a manual adjustment that must be done directly in Forms for the deduction to work.   The following TurboTax help article will give you specific steps to use to report your income and expenses as a trader:   How do I report my trader activity with or without Section 475(f) election in TurboTax?   @smooth2222 
TurboTax doesn't support opening or editing forms by double-clicking like traditional software. To enter or review your 1099-Q information, you navigate through the Wages & Income section and find th... See more...
TurboTax doesn't support opening or editing forms by double-clicking like traditional software. To enter or review your 1099-Q information, you navigate through the Wages & Income section and find the entry specifically for 1099-Q or education savings distributions. Here is how you can access it: 1. Go to the Wages & Income section. 2. Scroll or search for the category related to education savings or 1099-Q. 3. Select Start or Edit next to that category to enter or review your form details. You interact with forms via guided interview screens, not by double-clicking the form itself.
No, you're not missing anything. As long as your 1095-A entry includes all of the correct information, you should feel confident in filing your tax return.  As  you indicated the full amount matching... See more...
No, you're not missing anything. As long as your 1095-A entry includes all of the correct information, you should feel confident in filing your tax return.  As  you indicated the full amount matching the combined 1095-A forms must match the Form 8962 so that any advance premium tax credit (APTC) is accurately reflected, as well as the calculation for any repayment for any excess received.   @markm103 
Can you clarify the situation?   Did you complete your tax return on the TurboTax 2025 Desktop? Can you log into the Desktop? Is there a Monopoly card showing your 2025 tax return? Di... See more...
Can you clarify the situation?   Did you complete your tax return on the TurboTax 2025 Desktop? Can you log into the Desktop? Is there a Monopoly card showing your 2025 tax return? Did you file your return from the Desktop? Why do you want to go to the Online version? @NeedHelp26 
No solutions from TT.  I've spent many hours on the phone with so called specialists and they are clueless.  Two specialists claimed they were going to go to the supervisor and call me back but I was... See more...
No solutions from TT.  I've spent many hours on the phone with so called specialists and they are clueless.  Two specialists claimed they were going to go to the supervisor and call me back but I was ghosted.  I ended up filing anyhow and will see what happens. Obviously not using TT ever again.
To access your current or prior year online tax returns sign onto the TurboTax website with the User ID you used to create the account - https://myturbotax.intuit.com/
To uncheck the "Received interest payments from a seller-financed mortgage" selection in TurboTax online, follow these steps: 1. Go to the Wages & Income section. 2. Select Interest and Dividends... See more...
To uncheck the "Received interest payments from a seller-financed mortgage" selection in TurboTax online, follow these steps: 1. Go to the Wages & Income section. 2. Select Interest and Dividends to open that area. 3. Find the relevant entry or question about seller-financed mortgage interest. 4. Change the answer to No or clear the checkbox indicating you received such interest. This will remove the seller-financed mortgage interest from your return.  
Did he receive Social Security disability that was on a SSA1099?   After you entered the SSA1099, the very next screen asked if he lived in certain foreign countries in 2025.  If you skipped past tha... See more...
Did he receive Social Security disability that was on a SSA1099?   After you entered the SSA1099, the very next screen asked if he lived in certain foreign countries in 2025.  If you skipped past that screen or answered incorrectly, it resulted in a blank line 6b on Form 1040 and in his SS not being taxed correctly.  The IRS is catching this mistake and correcting refunds.