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

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

All Posts

Hi! My husband and I contributed to our Roth IRA in 2025, but after starting our taxes realized our income was too high to contribute. After doing research on how to correct the problem, we withdrew ... See more...
Hi! My husband and I contributed to our Roth IRA in 2025, but after starting our taxes realized our income was too high to contribute. After doing research on how to correct the problem, we withdrew our contributions from 2025 and the earnings. But now, I'm not sure how to report that in Turbotax. Do I try to enter the earnings using the 1099-R section of Turbotax (even though I don't have a 1099-R)? And for the IRA section, do I say that no I haven't contributed to a Roth IRA for the year since I withdrew what I had contributed? I didn't see an option to say that you contributed but then withdrew the funds (only an option if you recharacterized).   Thanks so much!
Doesn't matter, taxes are done, and so is turbotax in my book. NEVER again will I use this garbage software.
Yes, I know that now and have recalculated additional withhhanolding from retirement accounts.  Thanks  
I did some research because I too was wondering this. I found that it is possible to e-file your MN property tax/CRP. My case may be different from yours, but I feel compelled to give accurate info a... See more...
I did some research because I too was wondering this. I found that it is possible to e-file your MN property tax/CRP. My case may be different from yours, but I feel compelled to give accurate info about this topic.   I am a renter and in the past I have always been required to mail in my CRP and M1PR. TurboTax always clearly informed me of this in prior years. This year my property tax return was e-filed and if you weren't informed to mail it in, you likely e-filed as well.  The best way to determine this is by checking your return. You can determine if your property tax refund was included in your state refund by checking Line 22 of form M1 and then working backwards to form M1RENT which includes information about your property tax refund on Line 13. I had no form M1PR this year. TurboTax's robot had this response, which is accurate: The M1PR (Renter's Property Tax Refund return) is a form previously used in Minnesota for renter's property tax refunds. For 2025, you no longer need to mail the M1PR separately because the renter's property tax credit is now claimed directly on the Minnesota Individual Income Tax return (Form M1).
If you're taking a Foreign Tax Credit for tax paid on a 1099-Div or 1099-Int, when you enter the amount of Foreign Tax paid in those entries, the tax amount is automatically transferred to the Foreig... See more...
If you're taking a Foreign Tax Credit for tax paid on a 1099-Div or 1099-Int, when you enter the amount of Foreign Tax paid in those entries, the tax amount is automatically transferred to the Foreign Tax Credit section for you.    Then, when you go into that section, all you need to add is the amount of foreign income associated with that tax, and the country.  If your Foreign Tax was paid on a 1099 and the income was from several countries, you can add all the foreign income together and use country 'RIC' in one entry, so you don't need to enter each individual country's income separately.    Here's more info on Claiming the Foreign Tax Credit.   @JeffMarchi 
To clarify, tell me which version of TurboTax you’re using (Online, Desktop Windows, Desktop Mac)? 
It is reported!  It is probably because of the state boxes, but if there is nothing in those boxes, you can leave them blank.   If there is info in those boxes, there is a box you can check on the en... See more...
It is reported!  It is probably because of the state boxes, but if there is nothing in those boxes, you can leave them blank.   If there is info in those boxes, there is a box you can check on the entry screen to enter those amounts.         
*Correction:  The software seems to conform to the letter of the instructions.  That said, the instructions are kind of poorly constructed.  Hypothetically, a single filer with $150K in wages and $50... See more...
*Correction:  The software seems to conform to the letter of the instructions.  That said, the instructions are kind of poorly constructed.  Hypothetically, a single filer with $150K in wages and $50K in investment income wouldn't pay any additional tax.  Meanwhile a person with $160K in wages and $50K in investment income does pay 3.8% on the $10K over 200K...which means two people with identical investment income have very different tax outcomes for what they pay on the investment income...because of their wages...
I am have the same error in 2026 desktop as well. After selecting no to "Do you want to let Pennsylvania calculate the penalty for you" I am brought to the page that says "your Pennsylvania und... See more...
I am have the same error in 2026 desktop as well. After selecting no to "Do you want to let Pennsylvania calculate the penalty for you" I am brought to the page that says "your Pennsylvania underpayment of taxes for 2025 amoun is $xxx"
I found the issue to be that I purchased two states. So after I selected Colorado as my first state I had to select Connecticut from the list as my second. 
No. Blue Cross Blue Shield is considered private insurance.   Marketplace insurance consists of government-run programs that allow individuals and families to purchase health insurance coverage.
When you go to file your School District return, you should see a screen "Your school district taxes".  There should be two school districts listed there - your Ohio School District number (which sho... See more...
When you go to file your School District return, you should see a screen "Your school district taxes".  There should be two school districts listed there - your Ohio School District number (which should be the same as the 4 digit school district that is in the local taxes on your W2 and 9999 which is the code used for the time you lived outside the state of Ohio.  The dates used for those two school districts should account for the entire year of 2025.  For school district 9999, January 1, 2025 will be the starting date you will use for you time out of state and the day you moved will be used for the end date.  The day following the date you moved will be the start date of residence for your Ohio school district and 12/31/2025 will be the end date.   Bear in mind that not all Ohio school districts have an income tax, so you may want to check to be sure of the school district you live in.  There is a tool called The Finder where you can put in your street address and zip code and it will let you know the tax rate of your school district and whether the tax is based on your earned income only or if it is based on your total income (called "traditional").  This website will also let you know your local community income tax rate (if it has one).
Washington State Yes, I am below the $40K SALT deduction level.   All SALT deductions are $29,902 - Sched A line 5e. AGI (1040 line 11a.) is $497,743.