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Basically, a Back Door Roth is a two-step process.  First, enter the Non-Deductible Contribution.  Then, report the 1099-R and say Yes, converted to Roth.  You may want to delete your previous entrie... See more...
Basically, a Back Door Roth is a two-step process.  First, enter the Non-Deductible Contribution.  Then, report the 1099-R and say Yes, converted to Roth.  You may want to delete your previous entries (or forms) and if you're using TurboTax Online, clear your Cache and Cookies.  Then step through those interview sections again.   Here's more detailed instructions on How to Enter a Back-Door Roth Conversion.   @ksangler 
Hola Buena tarde a todos, mi nombre es Andy hace una año hice la declaración de impuestos y no podía hacer mi verificación de identidad hasta hace dos meses la hice a principios de este año, al dia d... See more...
Hola Buena tarde a todos, mi nombre es Andy hace una año hice la declaración de impuestos y no podía hacer mi verificación de identidad hasta hace dos meses la hice a principios de este año, al dia de hoy ha pasado un año de que presente mi declaracion y aun dice que fue aceptada pero no tengo una aceptacion de reembolso, ya verifique mi identidad en linea y mi proceso no se actualiza, alguien me puede proporcionar algun numero para atencion al cliente. o que debo hacer en este caso 
The reason TurboTax isn't asking for your basis in a simple "box" is that for a rental, your basis isn't a single number—it's a combination of your original purchase price, land value, and 9 years of... See more...
The reason TurboTax isn't asking for your basis in a simple "box" is that for a rental, your basis isn't a single number—it's a combination of your original purchase price, land value, and 9 years of accumulated depreciation.   To fix the "20% on the full price" error, you must "retire" the asset. Here are the exact steps for the TurboTax Desktop version: Step 1: Report the Sale Go to the Federal Taxes tab -> Wages & Income. Scroll down to Rental Properties and Royalties (Sch E) and click Update. Click Edit next to your specific rental property. On the screen "Review Your [Property Name] Info," click Edit next to the Property Profile. Check the box that says: "I sold or otherwise disposed of this property in 2025." 6. Follow the prompts until you are back at the Rental Summary screen. Step 2: Enter the Basis (The "Assets" Section) This is where 99% of users get stuck. You don't enter the sale under "Expenses"; you enter it under Assets/Depreciation. Scroll down to Assets/Depreciation and click Update. You will see a list of assets (e.g., "House," "New Roof"). You must "sell" each one individually. Click Edit next to the main asset (usually labeled "House" or "Residential Rental Property"). Verify the Cost and Cost of Land shown here. This is your Basis. If these are wrong or $0, fix them here. On the screen "Did you stop using this asset in 2025?", select Yes. Enter the Date of Sale. Step 3: Enter the Sales Price & Closing Costs After entering the date, TT will ask for the Sales Information.  Sales Price: Enter the gross sales price from your 1099-S. Sales Expenses: Enter your closing costs, commissions, and legal fees here. Land vs. Building: TurboTax will ask you to split the sales price between the land and the building. A common method is to use the same percentage as your original purchase (e.g., if land was 20% of the cost, assign it 20% of the sale price). Step 4: Verify in "Forms Mode" Since you are on Desktop, verify the math immediately: Click the Forms icon in the top right. Open Form 4797 (Sale of Business Property). Check Line 20 (Cost or other basis). If this matches your original purchase price plus improvements, the "full sales price" error is fixed. Check Line 22 (Depreciation allowed). This should show the 9 years of history TT carried over. Note on your 20% Payment: When you sent that check to the IRS, you made an "Estimated Tax Payment." To get credit for it, go to Deductions & Credits -> Estimates and Other Taxes Paid -> Federal Estimated Taxes. If you don't enter it there, TT will think you haven't paid a dime yet!
This is 100% my same problem. TurboTax forcing an input for this section to be completed. Extremely aggravating. Hope it’s fixed asap otherwise I’ll have to begin using another service. Feels like th... See more...
This is 100% my same problem. TurboTax forcing an input for this section to be completed. Extremely aggravating. Hope it’s fixed asap otherwise I’ll have to begin using another service. Feels like this happens with something every year. 
I assume that TurboTax is asking for the value of your IRAs(s) as of December 31, 2025. If so, it does this because you have triggered an error condition such as excess contributions to your IRA, so ... See more...
I assume that TurboTax is asking for the value of your IRAs(s) as of December 31, 2025. If so, it does this because you have triggered an error condition such as excess contributions to your IRA, so on line 17 or 25 of the 5239, TurboTax can calculate the penalty which is 6% of the excess or the value of your IRA(s), whichever is smaller.   Normally, you would just enter the amount (which can be found by looking at your IRA account(s) for the value on December 31, 2025 - you don't have to wait for the 5498(s).
Yes! They denied a refund even though it is THEIR product that is faulty. I will never use them again. 
I'm using TurboTax Desktop Premier for 2025.  I'm computing my estimated taxes for 2026.  The total calculated tax is $81,000.  The amount projected to be withheld is $42,000 leaving $39,000 to be pa... See more...
I'm using TurboTax Desktop Premier for 2025.  I'm computing my estimated taxes for 2026.  The total calculated tax is $81,000.  The amount projected to be withheld is $42,000 leaving $39,000 to be paid in estimated taxes throughout the year.  Yet when I use the computing method of "100% of your 2026 estimated tax", the software says no taxes payments are required.  I looked at the forms and saw that at the bottom of the "Estimated Taxes and Form W-4 Worksheet", the section called "Summary of Taxes to be Paid for 2026" is blank ... nothing is in the line called (Your 2026 federal estimate taxes based on" is empty as well as the line below it called "Estimate of total payments you will need to make for 2026".  This should have the payments listed and I'm guessing since it does not, no estimated payments are generated.  
My spouse received income in 2025 as a paid caregiver through our state's Medicaid program. This income isn't generally taxable under IRS Notice 2014-7 (Difficulty of Care Payments). She received a 1... See more...
My spouse received income in 2025 as a paid caregiver through our state's Medicaid program. This income isn't generally taxable under IRS Notice 2014-7 (Difficulty of Care Payments). She received a 1099-NEC for this income.   When entering the 1099-NEC in TurboTax, I assume I simply select the radio button for "Medicaid waiver payments that qualify as difficulty of care"? That should remove any federal/state tax obligation?
 
Thanks, that's true and a good lesson.  But given all the prompts in the TurboTax program, why didn't they ask the question - 'Did you make any estimated quarterly tax payments?'   Anyway, the full r... See more...
Thanks, that's true and a good lesson.  But given all the prompts in the TurboTax program, why didn't they ask the question - 'Did you make any estimated quarterly tax payments?'   Anyway, the full refund has now gone through so everything is good.
It depends. Are you entering a 1095 A form exactly how it is listed on the form in TurboTax?  
When I checked with the IRS, this is the statement I found. When I checked TurboTax, the page looked like this.
I’m amending my 2024 return to include a 8606 (I forgot to include it).   I’m in TT H&B > Personal > Personal Income > I’ll choose what to work on > IRA, 401(k), Pension Plan Withdrawals (1099-R) >... See more...
I’m amending my 2024 return to include a 8606 (I forgot to include it).   I’m in TT H&B > Personal > Personal Income > I’ll choose what to work on > IRA, 401(k), Pension Plan Withdrawals (1099-R) > Update.  There’s a single 1099-R that was imported when I did my 2024 return > Edit.  None of the subsequent questions are the “Any nondeductible contributions to your IRA?” question.  This is the question that tees-up the 8606.  How do I get to this question so a 8606 will be teed-up?
I have a 1099-Q for a distribution used at a school that is not Title IV eligible and does not issue a 1098-T. However, the school is qualified as a "career credentialing program," making the 529 dis... See more...
I have a 1099-Q for a distribution used at a school that is not Title IV eligible and does not issue a 1098-T. However, the school is qualified as a "career credentialing program," making the 529 distribution tax-free.   When I enter the tuition expenses to offset the 1099-Q earnings, TurboTax automatically applies a $2,000 Lifetime Learning Credit. I should not be eligible for the LLC because the school is not Title IV, but the software isn't giving me an "opt-out" or a way to use the expenses only for the 1099-Q.   How can I enter these education expenses so they apply to the 1099-Q distribution without TurboTax incorrectly claiming the Lifetime Learning Credit on my Form 1040?