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yesterday
I sold my Rental Property and TurboTax Premier is not generating Form 8582 although it is populating the correct total losses (over years owned) on Schedule E line 22, which states "Deductible rental...
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I sold my Rental Property and TurboTax Premier is not generating Form 8582 although it is populating the correct total losses (over years owned) on Schedule E line 22, which states "Deductible rental real estate loss after limitation, if any, on Form 8582" implying form 8582 is required. Is this a TurboTax error or is form 8582 not required in year sold? Since Schedule E states "on Form 8582" I would think the IRS would require it, especially since prior year losses are not on any other form.
yesterday
I owed to insurance over $55k of the $64k received. Turbo Tax Deluxe didn't ask about any such payment.
It also flags my lump sums for previous years as errors. I'm lost.
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yesterday
HSA account
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yesterday
you frustrated? I removed the 1099-Q and 1098-T forms for my 2 college kids as suggested by others (the tax amount is correct). However, when I tried to file, it said I had 2 errors (1 per kid) reg...
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you frustrated? I removed the 1099-Q and 1098-T forms for my 2 college kids as suggested by others (the tax amount is correct). However, when I tried to file, it said I had 2 errors (1 per kid) regarding dependent status of my two students. What to do? So stupid. This happens almost every year.
yesterday
TurboTax pricing reflects the additional features included, such as step-by-step guidance, accuracy guarantees, and access to live tax experts in certain versions.
The cost also varies dependin...
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TurboTax pricing reflects the additional features included, such as step-by-step guidance, accuracy guarantees, and access to live tax experts in certain versions.
The cost also varies depending on the complexity of your return and the product you choose. If your return is simple, you may qualify for TurboTax Free Edition, which covers basic federal returns at no cost.
yesterday
Can't find form 1099-S (received from the escrow company) to enter in turbotax with the proceed from sale of 2nd home. Does 1099-S become 1099-B by turbotax? I entered thru wage/income, clicked 10...
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Can't find form 1099-S (received from the escrow company) to enter in turbotax with the proceed from sale of 2nd home. Does 1099-S become 1099-B by turbotax? I entered thru wage/income, clicked 1099-S, but it somehow turns into 1099-B? no place to enter payer's name/ tax ID/address either??! Thanks for help!
yesterday
Thank you, your instructions worked! I ended up downloading Turbo Tax desktop instead and cancelled the existing online prefiling. Doing this cost less than filing through the online program. I appr...
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Thank you, your instructions worked! I ended up downloading Turbo Tax desktop instead and cancelled the existing online prefiling. Doing this cost less than filing through the online program. I appreciate your help!
yesterday
Tax return for my grandson who has a UTMA custodial trust account, I need to know how to proceed filling out his tax return. I have been told that I need to fill out a business tax trust filing. Do I...
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Tax return for my grandson who has a UTMA custodial trust account, I need to know how to proceed filling out his tax return. I have been told that I need to fill out a business tax trust filing. Do I need to do this or do need I fill out a form on my sons account to place into his for sent all tax filing for finding out his tax Account. I need to understand the process. I was told that I needed to fill out a business trust account for my grandson, but is asking for any EIN number and there is no such thing for an UGMA account
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yesterday
Thank you for the response. We have 50/50 and neither pay child support. We have an agreement in decree that I was to claim her on my taxes until he gets caught up with his taxes. So this brings ...
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Thank you for the response. We have 50/50 and neither pay child support. We have an agreement in decree that I was to claim her on my taxes until he gets caught up with his taxes. So this brings me to a couple more questions: If he has not done his taxes and I do and the 8960 form is populated, is my return held up? Also, I don't need to claim any of the health premiums etc. I just want to be able to claim her on my return. When my return was rejected and I re did it without claiming her it went from a refund to me owing a couple of thousand! This is when I discovered what he had done.
yesterday
Software is giving the full child tax credit for son who turned 17 in November, 2025. Should only receive the $500 credit. Is there a fix for this glitch?
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yesterday
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yesterday
You should hold off on completing your state return while the new forms are loaded in. The tentative date that we anticipate Idaho-federal state tax conformity updates to be ready in TurboTax is Marc...
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You should hold off on completing your state return while the new forms are loaded in. The tentative date that we anticipate Idaho-federal state tax conformity updates to be ready in TurboTax is March 19th. Please run updates to your software at that time, and select the State Taxes menu to verify that the New Idaho Tax Law Changes warning screen has been cleared before proceeding. If the screen is still there, please check back here on the Community for updates, or contact customer support directly. We appreciate your patience while the program is updated for recent changes to the state income tax code.
Learn more: Update on filing 2025 Idaho income taxes now that conformity is law
yesterday
I reread the comments from Turbo Tax. The whole line said capital gains or Caldwell EDS. Not sure why they were lumped into the same category. I then ignored the Caldwell comment and moved forward...
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I reread the comments from Turbo Tax. The whole line said capital gains or Caldwell EDS. Not sure why they were lumped into the same category. I then ignored the Caldwell comment and moved forward and filed.
yesterday
Fix Error 25300 and Error 1612 (quickbooks) Regards, Sandra
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yesterday
I have $4.65 of income reported on a 1099-MISC as "Other Income" from an investment. TurboTax automatically checks the box that this was a business operated by the Taxpayer at the top of Schedule C ...
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I have $4.65 of income reported on a 1099-MISC as "Other Income" from an investment. TurboTax automatically checks the box that this was a business operated by the Taxpayer at the top of Schedule C and will not allow me to uncheck it. Further, TurboTax is asking me to submit income from the relevant W2 but a) there isn't a W2, and b) it won't let me change the value.
yesterday
I really tried to search for an answer on this one, so if this has already been addressed elsewhere please share a link. I had Excess Roth IRA contributions in 2025 due to our MAGI. I withdrew th...
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I really tried to search for an answer on this one, so if this has already been addressed elsewhere please share a link. I had Excess Roth IRA contributions in 2025 due to our MAGI. I withdrew the excess contributions plus the earnings in 2026. I've followed the instructions shared in this post, this post, and this post to account for the withdrawal of the excess contributions and earnings and include them on my 2025 tax return. The problem I'm running into is that TurboTax is still calculating the 6% penalty on the excess contributions, even though I told it that I withdrew the contribution prior to the filing deadline. I'm using the desktop version of TurboTax Deluxe. How do I get it to realize that I withdrew the contributions in time and don't need to pay the 6% penalty? I tried correcting the 5329 form directly but it takes me to the IRA Contributions Worksheet when I try to edit it, so I don't think that's what I'm supposed to do. @AnnetteB6 @Annetteb65 @DanaB27
yesterday
How to upload 1099R
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yesterday
You will want to go to Federal Taxes tab, Deductions & Credits.
Under Estimates and Other Taxes Paid > Click on Estimates (Start of Update)
You can enter as State Estimated Taxes for 2025.
yesterday
I got stuck doing TurboTax online due to window 11 upgrade. I understand I have to create another account to do my son's return. From what I read I can use my Email but with a different password (up ...
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I got stuck doing TurboTax online due to window 11 upgrade. I understand I have to create another account to do my son's return. From what I read I can use my Email but with a different password (up to 5 returns with the same email) but when I try I get an error message that that email is already in use! Any suggestions?