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You are correct that the annual reporting requirement for a Qualified Opportunity Fund (QOF) investment—Form 8997 (Initial and Annual Statement of Qualified Opportunity Fund Investments) is not fully supported by TurboTax, and you generally cannot e-file a return that includes it.    Even if you had no  taxable events, you must file Form 8997 annually to report the continued holding of your QOF investment.   You can:   Prepare your Federal Tax Return in TurboTax as usual, entering all of your other income and deductions. Then download and print your Form 8997 from IRS.gov. Fill out your Form 8997 Print and mail your entire return, attach your completed Form 8997, and mail it to the IRS.  See: How do I file my return by mail? Please return to Community if you have any additional information or questions and we would be happy to help.

the program is applying the 85%  limit to the taxable amount in 2024.  it should be applying it to the total amount.  the program is applying the limit incorrectly and applying it to the 6b amount which allready has the 85%  applied  

I have tried all of this. I have also deleted both 1099-Rs and re-entered them (one is a teacher retirement, the other is income from a financial institution that is a charitable donation). The Retirement Income exclusion does apply and is on the GA Schedule 1, but below that on Schedule 1, the Military Retirement Income Exclusion populates lines 2 and 7. Any other advice?

Thanks for your reply. In this case, the home I'm renting is my primary residence so I have added the mortgage interest in the official category so that it carries over the correct % to the deductions section. I will try using the "Other or Miscellaneous" expense category for the other expenses that were getting ignored by the summary page. I still believe this is a bug that should be escalated to your product team.

It depends on what you are trying to edit and why.    But, yes, in the forms mode, you are allowed to edit/change/add numbers the entries, in the download/desktop versions of TurboTax. I don't know about the online versions.   One frequent problem, I've seen in this forum, and it carries over from last year, is that TT has allocated $10,0000 of expenses to the tuition credit, instead of the more appropriate $4000 (or $0 if you  are not claiming the credit).  In the past, TT provided a screen  titled  “education expenses used for a tax credit”. It was usually prepopulated (often with $10K). You could change it for the amount you want to allocate to the ed credit. So far, this year, I haven't found that screen, even after recent updates. If you don't get that screen, you can check the student information worksheet. You can manually change it there (line 18). Make the change in the first column, on the left. It was line 17 prior to 2025.

If TurboTax is not letting you continue, in  TurboTax Desktop make sure all updates have been run on your program. You can do this by clicking on "Online" in the black bar across the top of your TurboTax screen. And then select "Check for Updates".  

See this for the license code when installing the TurboTax desktop software - https://ttlc.intuit.com/turbotax-support/en-us/help-article/product-system-requirements/find-license-code/L4GHDgGpr_US_en_US   See this for the activation code when TurboTax online was purchased from a retailor - https://ttlc.intuit.com/turbotax-support/en-us/help-article/register-or-activate-services/started-turbotax-online-purchased-retailer

Yes, in the case that you had excess HSA contributions contributed through your employer, which were not withdrawn in a timely manner, then you would end up paying tax on the excess twice.   But, really, only one extra time. If you think about it, the excess should have been taxed the first time anyway, so you are paying tax only one extra time. So there is a real penalty for not withdrawing your excess contribution by the due date of your original return (as extended).

@ThomasM125 this is not correct - "Exempt US Bond Income" is for Federally exempt bonds which are taxable in VA, it's an addition to income not a subtraction.   @VA_Perplexed I've been using the miscellaneous addition you describe as Code 99 (+ explanation statement) for the past couple of years without issue, though I stopped buying discounted T-Notes to wind down the hassle and impact of this issue going forward.   One other alternative is to add the AMD to a 1099-DIV US Gov Obligations amount, which will not affect Fed return and that will flow that amount to state as a subtraction.

If TurboTax is telling you that your Box D control number is wrong, try  leaving it blank. If this does not work, try entering a number like 12345 67890 (5 digits, space, 5 digits). This Control Number is for employer payroll systems and it is not required by the IRS. so this will not affect your tax return.   If this does not work and you imported your Form W-2 try deleting it and re-entering it.   To delete a Form W-2 if you used TurboTax Online you can:   Click on "Tax Tools" in the left panel of your TurboTax screen Select  "Tools" Click on "Delete a Form" Scroll down the list of your forms to find your Form W2 Click on the trash can to the right of your form to delete it To delete a Form W-2 If you used TurboTax Desktop, you can:   Click on "Forms" in the top right of your TurboTax screen to switch to "Forms Mode" In your left panel of your TurboTax screen find Form W-2 Click on "Delete Form" at the bottom of the form Click on "Yes" to confirm the deletion To get back to your W-2 screens in TurboTax you can:   Click on "Search" in the top right of your TurboTax screen. Type "W-2" in the search bar. Click on the link "Jump to W-2"   Click here for How do I manually enter my W-2? If you have additional information or questions regarding this, please return to Community and we would be glad to help.

To access your current or prior year online tax returns sign onto the TurboTax website with the User ID you used to create the account - https://myturbotax.intuit.com/ Scroll down to the bottom of the screen and on the section Your tax returns & documents.  Click on the Year and Click on Download/print return (PDF)   A 2024 tax return can only be printed and mailed, it cannot be e-filed using TurboTax. Go to this IRS website for the address to mail, by state - https://www.irs.gov/filing/where-to-file-paper-tax-returns-with-or-without-a-payment   If you used the desktop CD/Download editions installed on your computer, the only copy of your tax data file and any PDF's will be on the computer where the return was created.  TurboTax does not store online any returns completed using the desktop editions.