All Posts

Life insurance dividends are generally non-taxable as they are considered a return of your premiums. Dividends are generally taxable only if they exceed the total premiums paid into your policy. Interest income earned on those dividends, or on life insurance proceeds paid in installments, is taxable, and is usually reported to you on Form 1099-INT and entered on your federal tax return under interest income.   You can enter your Form 1099-INT manually using the instructions below, even if you didn't receive a Form 1099-INT: Click on Search at the top right of your TurboTax screen. Type 1099-INT in the search box Click on the link "Jump to 1099-INT" It will ask, "Did you have investment income in 2025?" Select "Yes" Select "Continue" Select "Skip Import" You will Select your investment type which is "Interest" (the box will turn green) You will "Continue" Then you will see the screen "Let's get the info from your 1099-INT" You will type in the information on that page. Answer the follow-up questions. You will be able to select "Add Investments" to add any additional Form(s) 1099-INT. For dividends, if you have any that are taxable, you would enter them the same way as described above, except you will substitute DIV where it says INT.   Where do I enter Form 1099-INT? Where do I enter my 1099-DIV in TurboTax? Is Your Life Insurance Taxable? Publication 525 (2025), Taxable and Nontaxable Income Please return to Community if you have any additional information or questions and we would be happy to help.

If you have gone back through your 1099-R entries and have confirmed that there is nothing left to resolve in that section, you have checked your Internet connection, and the program is not progressing to the next step, try the following steps:    Try exiting TurboTax, restarting your device and starting TurboTax again. Try using a different browser. Chrome usually works well; some users have success with Edge. Try clearing your cache and cookies.   If you are using a VPN, try turning it off and accessing the internet directly through your provider If after trying all of the options mentioned you still have the same problem:   See this help article and this one for instructions on how to contact TurboTax customer support depending on which product you are using.  

For anyone following along I contacted the HSA custodian and informed them that the distribution I took did not qualify as an excess-contribution distribution.   They essentially said, “Bummer, man. Better luck next time.”   They say they cannot reclassify the distribution or otherwise produce a new 1099-SA with the amount coded as a normal distribution.   They do have a distribution reversal process, but said that reversal would appear on tax year 2026 instead of tax year 2025. So essentially I can’t “undo” the excess-contribution distribution I made in error.   All the HSA custodian had for me was to “have my tax advisor fix it”. I‘ve talked to two talk preparers now. The last one advised me to have the custodian fix the distribution and produce a new 1099-SA.   No idea how I’m going to fix the distribution made in error.

The instructions for previewing your tax return PDF forms will depend on whether you're using TurboTax Online or TurboTax Desktop; see below.  To see or print a PDF of your tax return, select your product and follow the instructions. TurboTax Online Open or continue your return. Select Continue or Start on Tax Home to enter your return. Select Tax Tools from the menu. Select Print Center, choose Print, save, or preview this year's return, and follow the instructions. If you haven't yet paid your TurboTax Online fee (or registered, if you're using a free version), you'll need to do so before you can save the PDF. TurboTax Desktop Open or continue your return. Select File. Select Print/Save for Your Records. Choose to either Save As PDF or Preview Print Copy. TurboTax - How do I get a PDF of my return?

@bailly , did you try following my post above, item (a) --- your pension reporting is just as if it was a US pension except  that  there is NO TAX id for the funds distributing entity.  Turbo may give you trouble with it --- some have used 23-1234567 or something similar  just to satisfy the software. That is not working for you ? If you are using on-line version -- I am not familiar with its screens ( and  so can ask somebody else to help ).  I use  Windows desktop  Home & Business. Please try the steps mentioned in my post earlier and let me know if it works for you --yes ?

If you're entering your self-employment income and expense using TurboTax Online, follow these steps:    1. Select Tax Home from the left side menu 2. Select Federal from the menu 3. Select Wages & Income from the menu 4. Select Self-employment income and expenses 5. Select the line of work that you want to add expenses to i.e. "Graphic design" or "Rideshare Driver" 6. Select (+) Add expenses for this work   If you're using TurboTax Desktop, your navigation will mirror the above starting at step 2, and your menu buttons will be across the top of the screen.

Yes if the IRS increased some other income that would make more of your Social Security taxable.   That could change your AGI and reduce some credits you got.   But the most common thing is you didn’t report the right taxable about of Social Security.   You can go back into your tax return but be very careful not to change anything.  Click on Add a State to let you back into your return.  You should see this screen after you enter your Social Security and hit Continue.  What is checked Yes or No?  

California and Oregon are reverse credits states, so you receive a credit in Oregon for the taxes you pay on that income in California.  This means your Oregon tax should be very low (if any) and you pay the income tax in California only.  In TurboTax, you must complete your resident California tax return first.  You will then file the Oregon nonresident return, and take the credit for taxes paid to another state (California).  If you had the withholding in Oregon, it should get refunded to you so you can pay California.  @hennielowe   Please let me know if you have more questions.