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March 18, 2026
2:14 PM
Topics:
March 18, 2026
2:14 PM
If you sold an asset and the transaction closed in 2025, then that 2025 closing date should be entered in TurboTax, as the sale is deemed complete upon closing, even though you may have received proc...
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If you sold an asset and the transaction closed in 2025, then that 2025 closing date should be entered in TurboTax, as the sale is deemed complete upon closing, even though you may have received proceeds from the sale at a later date.
Any year that you have to report a capital asset transaction, you’ll need to prepare Form 8949 before filling out Schedule D unless an exception applies.
The IRS instructions for Form 8949 indicate that you should enter in the "Date sold or disposed of" column the date you sold or disposed of the property. Use the trade date for stocks and bonds traded on an exchange or over-the-counter market. For a short sale, enter the date you delivered the property to the broker or lender to close the short sale.
@David448
March 18, 2026
2:13 PM
You can request the same agent, and if they are available you can connect with them again. If you can't connect you can connect with other qualified experts. Use the "Live Help" button to connect. ...
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You can request the same agent, and if they are available you can connect with them again. If you can't connect you can connect with other qualified experts. Use the "Live Help" button to connect. How do I connect with a tax expert in TurboTax Experts?
March 18, 2026
2:12 PM
It depends:
If you are over age 59.5, the ROTH conversion actually qualifies for the $20k exclusion of income. This is per person, if the program is giving more, that is a problem.
If you are...
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It depends:
If you are over age 59.5, the ROTH conversion actually qualifies for the $20k exclusion of income. This is per person, if the program is giving more, that is a problem.
If you are younger, you should not be getting the exclusion.
Check the IT 201-P or pension exclusion worksheet. The IRA distribution will show.
IT 201 line 29 should not exceed $20k per qualified person.
Note: Government pension is fully exempt on line 29.
March 18, 2026
2:12 PM
New York offers a separate, non-refundable deduction for Long Term Care Insurance Premiums. Look for a screen in the NY interview 'Take a look at NY Credits and Taxes'.
Here's more info from...
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New York offers a separate, non-refundable deduction for Long Term Care Insurance Premiums. Look for a screen in the NY interview 'Take a look at NY Credits and Taxes'.
Here's more info from NY Dept. of Taxation.
@mnfriedman1
March 18, 2026
2:12 PM
Topics:
March 18, 2026
2:11 PM
Is it possible to efile for an extension from desktop edition of TurboTax? The instructions on this page seem oriented toward the Online addition and also suggest filing a paper form. Can one sele...
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Is it possible to efile for an extension from desktop edition of TurboTax? The instructions on this page seem oriented toward the Online addition and also suggest filing a paper form. Can one select an existing return and indicate filing for an extension and then transmit at the end of the 'Step by Step'? Following the 'Step by Step' seems to end in just printing forms. How is one to tell if the extension is accepted which is a question asked by the desktop edition when completing the State return.
March 18, 2026
2:11 PM
1 Cheer
1099R Line 2 Taxable Amount is less than line 1 Gross Distribution. Turbo tax is asking "for the years you received these distributions, was the total amount shown on the form the amount you paid tax...
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1099R Line 2 Taxable Amount is less than line 1 Gross Distribution. Turbo tax is asking "for the years you received these distributions, was the total amount shown on the form the amount you paid tax on? Then it shows "Total Amount" in larger font and then select Yes or No. If you select Yes, then turbo tax uses the gross distribution as taxable. If you select No, the next page then asks me which method did I use (simplified or general rule) to figure out the taxable portion of this annuity. The issuer provided the taxable amount on Box 2a so I did not have to calculate it. In prior tax year software, turbo tax asked if the taxable amount in 2a was correct and used 2a as the taxable amount if that is correct on the 1099 R. Why is there a change? Is there an error in 2025 turbo tax?
March 18, 2026
2:10 PM
Thanks Thomas: I deleted both schedule F and Form 4835 and reentered my farm data. No Self-Employed tax!
March 18, 2026
2:10 PM
Yes, they can be amended but generally have to be mailed. It's not a bad idea to give the IRS time to process the original, but you can certainly prepare your amendment now. The 1065-X is available t...
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Yes, they can be amended but generally have to be mailed. It's not a bad idea to give the IRS time to process the original, but you can certainly prepare your amendment now. The 1065-X is available to print and the 1120S is just corrected and labelled as amended. No special form.
How do I amend my federal tax return with TurboTax Business Desktop?
Amending and superseding corporate returns | IRS
March 18, 2026
2:09 PM
I have significant differences in my tax situation where I need professional guidance on how to best file my taxes including, foriegn stock exchange, 1099 independent rep running a business and do not...
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I have significant differences in my tax situation where I need professional guidance on how to best file my taxes including, foriegn stock exchange, 1099 independent rep running a business and do not know how to go about doing this through turbo tax
Topics:
March 18, 2026
2:08 PM
Turbo tax is still not letting me file NY Sy=ate tax because of error in box 14a, even though the state tax with holding was entered in box 14. any one hear any updated information
March 18, 2026
2:07 PM
Unfortunately, there is no " Fix my return button" to select. I've contacted Turbo Tax help multiple times (still waiting for a call back) but the last two people I spoke with were of no help. The ...
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Unfortunately, there is no " Fix my return button" to select. I've contacted Turbo Tax help multiple times (still waiting for a call back) but the last two people I spoke with were of no help. The issue was escalated but as of now, I have not received a call back.
March 18, 2026
2:07 PM
To enter sales tax for major purchases in TurboTax:
1. Go to Federal>Deductions & Credits>Estimates and Other Taxes Paid
2. Click on Sales Tax and select Estimate sales tax deduction usin...
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To enter sales tax for major purchases in TurboTax:
1. Go to Federal>Deductions & Credits>Estimates and Other Taxes Paid
2. Click on Sales Tax and select Estimate sales tax deduction using IRS tables
3.Add the state and the months you lived in state in 2025
4. Enter state and local sales tax rate you paid while living in state
5. After summary screen, you will see question: Did you by any major items in 2025? Answer Yes, then Continue
6. The following screen will allow you to edit a state you have already entered (with pencil icon) or select Add to choose state
7. Enter details on major purchase and sales tax paid
Here is a TurboTax article on deductions for sales tax for more information.
March 18, 2026
2:07 PM
i was issued a paper check by SBTPG for my refund and they took an additional $30.00 check reissuance fee because my direct deposit was returned. Where is this in writing because Turbo tax told me the...
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i was issued a paper check by SBTPG for my refund and they took an additional $30.00 check reissuance fee because my direct deposit was returned. Where is this in writing because Turbo tax told me the check would come from the IRS
Topics:
March 18, 2026
2:07 PM
In TurboTax Online, you may Clear and Start Over. Clear and Start Over may be found in the lower left hand corner of the screen if it is available to you.
See also this TurboTax Help.
A...
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In TurboTax Online, you may Clear and Start Over. Clear and Start Over may be found in the lower left hand corner of the screen if it is available to you.
See also this TurboTax Help.
As long as you:
have not submitted payment,
deducted the TurboTax fee from your refund, or
registered your product,
you may erase your return and start from scratch in TurboTax Online. If you have done any of these things, you will need to manually edit your return.
March 18, 2026
2:06 PM
Not using Online edition. Old school Tax accountant here, w/ Top 3 University Ranked BS/MS in Accounting /Taxation degrees. Sad to see Turbotax Literally BURY Access to Forms (can't even Search to fi...
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Not using Online edition. Old school Tax accountant here, w/ Top 3 University Ranked BS/MS in Accounting /Taxation degrees. Sad to see Turbotax Literally BURY Access to Forms (can't even Search to find them on their software), so Taxes become even more difficult to Self-file, thus helping TurboTax Up-Sell their 'Complete' Tax Services. Turbotax Co Focus Now MISSES its Original Target Marketing group!!
March 18, 2026
2:06 PM
Follow the instructions, whether you are using TurboTax Online or the Desktop version.
How do I delete my state return in TurboTax Desktop for Windows?
How do I delete my state return in Turb...
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Follow the instructions, whether you are using TurboTax Online or the Desktop version.
How do I delete my state return in TurboTax Desktop for Windows?
How do I delete my state return in TurboTax Online?
March 18, 2026
2:05 PM
I am a renter. I filled in the portion on the Property Tax Information form for my landlord and monthly rent. It's still insisting that I fill in a number for 2f, Taxable value of homestead. How am I...
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I am a renter. I filled in the portion on the Property Tax Information form for my landlord and monthly rent. It's still insisting that I fill in a number for 2f, Taxable value of homestead. How am I supposed to know this as a renter?
March 18, 2026
2:04 PM
Topics: