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After i hit this same limit of 5 filing for family, I also needed just one more for our own return.  My husband purchased another copy of TurboTax and installed it on a different computer.  this allo... See more...
After i hit this same limit of 5 filing for family, I also needed just one more for our own return.  My husband purchased another copy of TurboTax and installed it on a different computer.  this allowed us to file our return by efile.  I had done the whole return on the original copy so was happy I could copy it to the other computer and continue to the efile without re-entering all the information.
@mtran3613 wrote:  Have to reconsider using another software.   You won't find another that has the same functionality.
I am entering info from 1099-Q that I received. I used all the amount towards my son's college / tuition expenses. I am stumbled at the following 2 questions and not sure whether to answer Yes or No ... See more...
I am entering info from 1099-Q that I received. I used all the amount towards my son's college / tuition expenses. I am stumbled at the following 2 questions and not sure whether to answer Yes or No to these questions. Could an expert please clarify?  
Unfortunately, in Online TurboTax you can only prepare 1 Federal return per online account per year.   To prepare a second return would require a different account (different User ID) and separate fe... See more...
Unfortunately, in Online TurboTax you can only prepare 1 Federal return per online account per year.   To prepare a second return would require a different account (different User ID) and separate fee (if a paid product.)   Do not try to prepare a second return in the same account, or it will overwrite the first return.
Thank you for the answer. I was able to log off and stay signed out without any issues using the software and preparing my taxes.
This is mainly a user community forum, and we won't know anything specific about your account.   We don't know what product edition you used, whether there were add-ons, etc.   What product edition i... See more...
This is mainly a user community forum, and we won't know anything specific about your account.   We don't know what product edition you used, whether there were add-ons, etc.   What product edition is shown in the upper left corner when you are logged in to Online TurboTax?   And did you also prepare a state return?   Check your fees this way:   Log in, and at the Tax Home, scroll down to My Account (near the bottom of the Tax Home page).   Click on My Account to expand it, then choose "View order summary."
@user17756245534 wrote: This is what fixed it for me (finally!):  Prefix it with a 0, make WTH lowercase. 0###########wth That's interesting about an extra digit--a leading 0.  Usually the s... See more...
@user17756245534 wrote: This is what fixed it for me (finally!):  Prefix it with a 0, make WTH lowercase. 0###########wth That's interesting about an extra digit--a leading 0.  Usually the small case wth at the end will fix it.   So your example would be 12 digits plus the 3-character wth instead of the usual 11 plus wth. I didn't know the field would actually allow a 15th digit.  I'm glad you were able to continue, so that's good news.   @SteamTrain 
how can i edit the 1099-div import for a T-Bill maturity that Turbo Tax has doubled?
Hi, I’m trying to correctly enter a Final K-1 for a publicly traded partnership (Icahn Enterprises LP / IEP) in TurboTax, and I want to make sure I’m not double counting anything.   Here is my situ... See more...
Hi, I’m trying to correctly enter a Final K-1 for a publicly traded partnership (Icahn Enterprises LP / IEP) in TurboTax, and I want to make sure I’m not double counting anything.   Here is my situation: I received a Final K-1 for Icahn Enterprises LP (IEP) I fully disposed of all units in 2025 I also received a Schwab 1099-B     1099B My 1099-B shows IEP unit sales under short-term transactions: Proceeds: 4,012.69 Cost basis: 5,026.00 Realized loss: 1,013.31 Separately, my 1099-B also shows Options Subject to Section 1256 Reporting for IEP call options: Total Section 1256 amount: 531.03 From my K-1 / supplemental schedule:   My questions are: For the IEP unit sales on 1099-B, should I enter them exactly as reported first, or do I need to adjust basis/proceeds myself to avoid double counting with the K-1 disposition section? My understanding is that the Section 1256 options on 1099-B are separate from the K-1 partnership disposition and should be reported separately on Form 6781. Is that correct? In the K-1 disposition section: Should I enter purchase date as “Various”  or Should I use the final sale date for the disposition screen? In the K-1 sale information section: Should ordinary gain be the Section 751 gain of 4? Since unrecaptured Section 1250 gain is zero, should 1250 gain be entered as 0? are the numbers I entered correct for both regular Gain or Loss part and AMT gain or Loss part?  My supplemental K-1 statement includes many Box 20-related items, such as 20V, 20Z1, 20AB, 20AE, 20ZZ10, 20ZZ11, and 20ZZ12. Do I need to manually enter all of these in TurboTax? I’m especially confused because -113 appears multiple times on the supplemental statement. Should that same amount be entered more than once in different places, or would that double count it? On the TurboTax screen “We need some information about your 199A income”, I entered: Ordinary business income (loss): -113 Is that correct? Or should the Section 751 gain of 4 be included there? Also, where should the 20ZZ10 (-99) partnership interest disposition adjustment for Section 163(j) be reflected in TurboTax? I’d really appreciate guidance from anyone who has entered a Final PTP K-1 + 1099-B + Section 1256 options in TurboTax before. Thank you!
(Skip ahead to the end of my post you want to skip the background and just get (hopefully) better definitions of these specific Form 8615 instructions when you have 2+ children who are needing to fil... See more...
(Skip ahead to the end of my post you want to skip the background and just get (hopefully) better definitions of these specific Form 8615 instructions when you have 2+ children who are needing to file Form 8615.)    And here we are 3 years later with the same broken instructions! Thanks Intuit for taking our money each year, but ignoring your incorrect software - even when we tell you exactly what is wrong. I truly wonder how many people have misunderstood your instructions for the 8615 other child input. The Learn More information is absolutely unclear and pointing the user at the incorrect lines, telling you to take the wrong data from the other child's tax forms and input here. (Or giving completely unnecessary information, like "Other Children's Qualified Dividends", which is not even asked for in this page dialogue!)   Specifically, there are 3 lines that are unclear:   Net Qualified Dividends Total Net Capital Gains Net Capital Gains   I'm not a tax pro, but basically these 3 values appear to be defined as:   Net Qualified Dividends - the other child's total qualified dividends (i.e. 1040 line 3a) *prorated* as a percentage determined by Qualified Dividends divided by some larger part of the child's income (the exact income used depends on whether TT decides you should use Worksheet 1, 2 or 3). So this value is NOT all of 1040 line 3a (the "Total" Qualified Dividends), but a part of that. This is what makes them "Net".   Total Net Capital Gains - the other child's total capital gains (same as found on Schedule D, but as the "Learn More" text points out, it's also on Line B of Worksheet 1 (or 2 or 3, whichever was used by TT for your situation) on page 2 of the Form 8615 "Child’s Investment & Net Capital Gain Worksheet").    Net Capital Gains - the other child's total net capital gains (the previous line) *prorated* the same way as described above for "Net Qualified Dividends". Thus the name is now just "Net Capital Gains", not "*Total* Net Capital Gains". It is a subset of all capital gains - the amount allowed for this worksheet computation.   The good news is each of these lines is pretty clear on the Form 8615 "Child’s Investment & Net Capital Gain Worksheet", page 2, once you get the definitions down. If only the Learn More text were CORRECT, it would be relatively easy to find. Let me take a crack at how I'd write the Learn More text:   Net Qualified Dividends - LEARN MORE: From the other child's 8615 Worksheet, page 2, there are 3 versions of the Line 5 Worksheet (versions 1, 2 and 3). One of these 3 worksheets will be filled in, depending on the other child's Form 8615 values. For "Net Qualified Dividends" enter the value from the line labelled "Qualified dividends on Form 8615, line 5". This will be Worksheet 1 Line H, Worksheet 2 Line O, or Worksheet 3 Line Q.   Total Net Capital Gain - LEARN MORE: From the other child's 8615 Worksheet, page 2, there are 3 versions of the Line 5 Worksheet (versions 1, 2 and 3). One of these 3 worksheets will be filled in, depending on the other child's Form 8615 values. For "Total Net Capital Gain" enter the Line B value from whichever of the 3 versions has been used.   Net Capital Gain - LEARN MORE: From the other child's 8615 Worksheet, page 2, there are 3 versions of the Line 5 Worksheet (versions 1, 2 and 3). One of these 3 worksheets will be filled in, depending on the other child's Form 8615 values. For "Net Capital Gain" enter the value from the line labelled "Net capital gain on Form 8615, line 5". This will be Worksheet 1 Line I, Worksheet 2 Line P, or Worksheet 3 Line R.   I hope this helps anyone searching the web for help. And I hope you liked my Ted Talk. 
Subject: TurboTax Premier Cannot Handle Multi‑Property 1031 Exchanges   TurboTax Premier Desktop does not support more than one replacement property in a like‑kind exchange. The interview never p... See more...
Subject: TurboTax Premier Cannot Handle Multi‑Property 1031 Exchanges   TurboTax Premier Desktop does not support more than one replacement property in a like‑kind exchange. The interview never presents the multi‑property question, causing the software to misclassify the second property and produce incorrect Form 8824 and Schedule D results.   This is a major limitation that is not disclosed anywhere. Please confirm whether this will be fixed or whether Premier users must upgrade to Home & Business for accurate 1031 reporting.
The IRS might not care but ICE probably does and under this administration they have your tax return  
I agree with the frustration that turbo tax will not show how the interest was calculated for, I am guessing but do not know, possible late on estimated payments penalty.  Turbo has clearly calculate... See more...
I agree with the frustration that turbo tax will not show how the interest was calculated for, I am guessing but do not know, possible late on estimated payments penalty.  Turbo has clearly calculated one but does not show how or why and I disagree with the conclusion that a penalty is due.  Turbo tax needs to show how and why it calculated penalty interest.  A response that the IRS publishes how to calculate one is not very useful.