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I have a fund through volatility shares that issues a k-1. This year for the first time they gave me the option to import the k-1 info into turbotax, which I did.    I am having two issues, however... See more...
I have a fund through volatility shares that issues a k-1. This year for the first time they gave me the option to import the k-1 info into turbotax, which I did.    I am having two issues, however:    first, in the partnership pane, there are two entries for this same fund.  I am assuming maybe one was auto-generated from last year, since I also owned the fund last year? But I don't know which entry contains the data I just imported, and which one I can safely delete.  How do I figure this out?   Also, what is the easiest way I can verify that the data imported is correct? I don't know where to look to verify all the numbers. I thought maybe if I went through the inrerview process, I'd see the numbers already there, after the import. But this is not the case. I  do not see any data populated in the boxes already, turbotax is simply acting like no data was imported and asking me to fill it in again.   Is there somehow I can easily verify that the correct data has been imported into all the correct boxes?        
No, don't upload your W2. The information you reported already in the manner I prescribed will populate into your state return automatically and doesn't require a separate entry.   If you upload ... See more...
No, don't upload your W2. The information you reported already in the manner I prescribed will populate into your state return automatically and doesn't require a separate entry.   If you upload your W2, you will face the same issue as before.
I have the same issue under wages and income after entering a 1099-INT it goes to Other interest and dividends and check block is checked for "Received Interest payments from a seller financed mortga... See more...
I have the same issue under wages and income after entering a 1099-INT it goes to Other interest and dividends and check block is checked for "Received Interest payments from a seller financed mortgage" is checked and cant be unchecked.
Don't do anything yet. The IRS will reject the return if your name and Social Security number don't match. If your return is accepted, the Social Security database hasn't yet been updated in ... See more...
Don't do anything yet. The IRS will reject the return if your name and Social Security number don't match. If your return is accepted, the Social Security database hasn't yet been updated in the IRS. In this case would still get credit for filing your taxes.
No, retirement distributions from New York are not taxable if you are a resident of another state when you received them.
my federal tax return is pending, can i stop it from being filed until i make corrections
If you want to make changes or add a document to a tax return that has already been filed and accepted by the taxing agency, you should follow these guidelines.  You must first wait until the in... See more...
If you want to make changes or add a document to a tax return that has already been filed and accepted by the taxing agency, you should follow these guidelines.  You must first wait until the initial return is completely processed.  You will have to use the same TurboTax account that you used for the original tax return.  Once you begin your amendment, you'll see your original return.   The refund calculator will start new at $0 and only reflect the changes in the refund or tax due  Only make changes to the areas of your return that need to be corrected.  You have three years from the date you filed your return or two years after you paid the tax due (whichever is later) to file an amendment  Select your product below and follow the instructions.  Amend TurboTax Online  Amend TurboTax CD/Download 
Turbotax prepared the OH return to report rental income.  The Taxpayer lives in AZ and does not even go to OH.  It was supposed to be a nonresident return, but it shows as "Resident".  I cannot chang... See more...
Turbotax prepared the OH return to report rental income.  The Taxpayer lives in AZ and does not even go to OH.  It was supposed to be a nonresident return, but it shows as "Resident".  I cannot change/override the status.  How do I do?  
Yes, you did this correctly and I am able to look at your file. I see that Maryland subtracted the entire amount of $524 that was reported in your 1099 DIV entry.      I was able to do some more ... See more...
Yes, you did this correctly and I am able to look at your file. I see that Maryland subtracted the entire amount of $524 that was reported in your 1099 DIV entry.      I was able to do some more digging and ran into this nugget.    Maryland Tax‑General §10‑207(b)(1) “There shall be subtracted from federal adjusted gross income… interest or dividends on obligations of the United States.”  This statute does not include any residency‑based limitation. If the income qualifies, Maryland must subtract all of it, even for part‑year residents. This is why the subtraction you’re seeing on Maryland Form 502SU, Line ab (or Line 13 of the main 502) is certainly for Interest and Dividends from U.S. Government Obligations.    You can subtract it in PA even though MD already subtracted 100%. Both states are required to exempt it, and neither is allowed to tax it. This reverts back to my earlier advice.   Your residency split (5 months MD, 7 months PA) does NOT change this Residency affects:   Wages Business income Rental income Capital gains But it does not affect U.S. government interest. That income is exempt everywhere, for the entire year. Don't try to allocate it because there is no way to allocate it in the Maryland state form.   I hope this helps and best of luck in Tax Year 2026.   @mkaprelian         
According to the IRS, your HSA contribution limit is determined by the type of plan you have, not just your marital status: Individual (Self-Only) Plan: Limit is $4,300. Family Plan (Covers 2... See more...
According to the IRS, your HSA contribution limit is determined by the type of plan you have, not just your marital status: Individual (Self-Only) Plan: Limit is $4,300. Family Plan (Covers 2+ people): Limit is $8,550. If you and your husband have two separate individual plans (meaning your plan covers only you and his plan covers only him), you are both restricted to the $4,300 individual limit.   Your combined limit is $8,600 ($4,300 x 2), but if the program assigned the entire $8,550 family limit to one of you and then saw that your spouse also had an Individual plan, it will generate an error.   In order for the program to recognize the $8,550 limit correctly for a married couple, follow these steps: When you are asked in the HSA interview section, "What type of High Deductible Health Plan did [Name] have on December 1, 2025?", Check the "Family Coverage" Box for Both of you (The IRS "Special Rule for Spouses" allows you to share one family limit ($8,550) however you like between two accounts.) However, if you have two truly separate individual plans, Make sure  both are marked as Self-only (your combined limit is $8,600 ($4,300 each), which covers your $8,550 total). Also... Check the "W-2 Box 12 Code W" entry (Make sure you didn't accidentally enter your husband's contributions under your name (or vice versa)).   If his employer contributed to his HSA, it must be entered only on his W-2 in the software.   And finally... If either of you changed plans mid-year, the program may be prorating your limit.  Make sure you indicated that you had coverage on December 1, 2025 (which should allow you to claim the full year's limit).
In the same situation.  Filed 2/7 accepted 2/9.  Considering filing an amended return but worried it will make it worse.
Yes, you'll have to pay taxes on winnings from a state that is not your home state.  You'll file a non-resident tax return in that state, and post your winnings. You also must report ‌income in yo... See more...
Yes, you'll have to pay taxes on winnings from a state that is not your home state.  You'll file a non-resident tax return in that state, and post your winnings. You also must report ‌income in your home state.  You may receive a credit for taxes paid to the other state. If there is no tax due, you won't have to file the return.
You won it there. But whether you have to file a return is a different question. Most states have a minimum. we could provide more info if you tell us the state or DIY. Check the state website and ... See more...
You won it there. But whether you have to file a return is a different question. Most states have a minimum. we could provide more info if you tell us the state or DIY. Check the state website and see  who must file
I did not purchase the Will Builder add on when I paid for my TurboTax subscription. How do I go back and purchase it or where can I go to purchase
This method seems to open a new Turbotax return on the Desktop version. Is there a way to "Continue from TurboTax online" to get the crypto 8959 form into an existing Turbotax return? For context, I ... See more...
This method seems to open a new Turbotax return on the Desktop version. Is there a way to "Continue from TurboTax online" to get the crypto 8959 form into an existing Turbotax return? For context, I have already spent weeks entering all of my information (and carrying over from previous years) and am simply looking to add the crypto gains/losses as the final step to an existing return.
What’s the best way to do turbo tax
Just to clarify first, we have three 1099-Rs: two for the rollovers and one for a small pension.   I went to the Forms view. The Federal 1040 shows the correct amounts and the Rollover box is che... See more...
Just to clarify first, we have three 1099-Rs: two for the rollovers and one for a small pension.   I went to the Forms view. The Federal 1040 shows the correct amounts and the Rollover box is checked.  Next, I looked at the MO-1040: line 6 displays the correct amount, and it's under the income limit for our filing. Then, the MO-PTS: - line 1 (from MO-1040 line 6) is correct - line 2 is correct - line 3 ("Total amount of pensions, annuities, dividends,...") is incorrect, based on your answer. It is filled in with a number from the Form 1099-R Summary document, Pensions and Annuities section, line 22 ("Total gross distributions from box 1 of Form 1099-R"). This line on the summary form shows the small pension amount under the Taxpayer column and the total amount of the two rollovers in the Spouse column. TT is using only the Spouse column value on line 3 of the MO-PTS:  TT has excluded the summary form's Taxpayer column amount (correct actually for Missouri), but included the Spouse column amount (that would actually be $0 without the rollovers). That looks like a bug, er "undocumented feature". Also, I asked if Missouri is not excluding rollovers because nowhere in the text for line 3, nor in the MO-PTS instructions, does it say to exclude non-taxable items on the 1099-R forms, such as rollovers. And, TT is clearly including them in both the 1099 -R Summary document and the MO-PTS form. So, ??? I'm confused!
Why when I enter $28K non-taxable VA Disability income doesn't the State sales tax deduction increase?   I itemize and am in a state without state income tax.