All Posts

If you're using TurboTax Online, rental assets for depreciation are entered under Rental Expenses for the category "Assets."   See also: How do I handle capital improvements and depreciation for my rental?

Federal and state refunds come from completely separate entities.  There is no rule as to which one will come in first or how long it will be between their arrival in your account.   TurboTax gives you an estimated date for receiving your refund based on a 21 day average from your date of acceptance, but it can take longer.  “21 days”  is not a promise from TurboTax or the IRS.      First, check your e-file status to see if your return was accepted:  https://turbotax.intuit.com/tax-tools/efile-status-lookup/   Once your federal return has been accepted by the IRS, only the IRS has any control.  TurboTax does not receive any updates from the IRS. Your ONLY source of information about your refund now is the IRS.     You need your filing status, your Social Security number and the exact amount  (line 35a of your 2025 Form 1040) of your federal refund to track your Federal refund:    https://www.irs.gov/refunds   To track your state refund:     https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-refund/track-state-refund/L3jgO8PGs_US_en_US?uid=lt447ebr   If you chose to have your TurboTax fees deducted from your federal refund, that will take some extra time, while the third party bank handles the refund processing     https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-refund/refunds-take-longer-others/L14YlqFrH_US_en_US?uid=lexdr7zh . https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-refund/irs-refund-taking-longer-21-days/L2vRAJbdU_US_en_US?uid=lexe7lst         If you are getting earned income credit on line 27 or additional child tax credit on line 28 You are subject to the delay required by the PATH act.  Do not expect your refund before early March   https://ttlc.intuit.com/turbotax-support/en-us/help-article/internal-revenue-service/federal-refunds-delayed-due-path-act/L5jnQJsBi_US_en_US   Note:  “Accepted” is not the same as “approved”.  TurboTax tells you the e-file was accepted if the IRS deems that there is enough information on the return for them to take it in for processing.   Only the IRS can approve of the refund, which is a later stage of processing.  If the IRS approves your refund they will provide a date for the refund to be issued.   FROM THE IRS WHERE’S MY REFUND SITE: https://www.irs.gov/wheres-my-refund How it works Where's My Refund shows your refund status: Return Received – We received your return and are processing it. Refund Approved – We approved your refund and are preparing to issue it by the date shown. Refund Sent – We sent the refund to your bank or to you in the mail. It may take 5 days for it to show in your bank account or several weeks for your check to arrive in the mail.    

The reply you sent was the same as the reply by earlier questions.  The REAL reason my taxable income of $3,634 resulted in no tax is a $5,065 Long-term Capital Gain and the correct calculation of the tax.  This is buried on the Qualified Dividends and Capital Gain Tax Worksheet which is not part of the filed return.

Yes, you can. Even though you missed the deadline to request a free 6-month extension,  you should still file your tax return immediately to help reduce penalties.    If you owe taxes, try to pay as much as possible to lower interest, even if you can’t pay it all. You can apply for a payment plan or an installment agreement with the IRS, which may include a setup fee.   To get more detailed information, visit the link below: Information on payment plans  

Most payment errors are caused because of your address not matching the credit card address, issues with your browser, or credit card authorization issues.  To fix this:   Make sure the address on your return matches the address on the credit card Clear your cache and cookies. Try a different Web Browser. If you are using 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".

You can try clearing your cache and cookies.   Clear your cache   Your browser stores recently visited webpages as temporary files in a cache, which enables the pages to load more quickly when revisited.   However, a full or corrupted cache can cause problems in TurboTax, so sometimes you need to clear your cache (that is, remove these temporary files).   Here are the official instructions for the most popular browsers: Google Chrome Mozilla Firefox Microsoft Edge   Apple's official support site doesn't appear to contain instructions for clearing the cache in Safari. Your best bet is to search the Internet for clear Safari cache or similar search terms.   Clear your Cookies   Cookies are small files that temporarily store data on your computer. We use them to personalize your experience so you see information you already entered and not items that are irrelevant or repetitive.   On rare occasions, they may make your browser think you already did something that you still need to do. To fix that, you'll need to delete (clear) the cookies from your browser.   Each browser has a slightly different method for deleting cookies. Choose the browser you're using: Microsoft Edge Mozilla Firefox Google Chrome Safari Safari for iOS (mobile devices)   TurboTax FAQ: How to clear your cache.   TurboTax FAQ: How do I delete cookies?

 Sometimes software gets "stuck" on an old value even after you change it.   1. Go back to the vehicle section and delete the vehicle entirely. Close your return to save the change 2. Re-add the vehicle from scratch. This usually clears any background numbers that may have caused the math error. Make sure all personal and business miles equal total miles.  

No matter how many times an "expert" tells me how to find a tax file, I have already done that many times. The past returns are not there!!! I made several phone calls with TT help. They could not help me. One example was an error on one form. The red mark was letting me know there was an. But it would not show me where the error was. Even the TT help person could not find it when looking at the return and that form. Click on form errors and it tells me that there is no error, but that red mark was still there. TT is okay as along as you just have a W-2 to file. If there are other conditions such as depreciation, etc. you are screwed because you have lost a year with all this information to carry forward. Then you have to try and figure it out on your own. Talk about a waste of time. I just wish TT would own up to their mistakes, but those returns are gone forever. Those were the only files I lost, nothing else is missing!

It depends on how you started in TurboTax.   If you started in TurboTax Expert Assist You can clear your return and start over as long as you haven’t paid yet. After clearing your return, you can select the TurboTax product that best suits your needs. If you started in a different TurboTax product but added TurboTax Expert Assist You can remove TurboTax Expert Assist as long as you haven't used the Tax Expert feature. Here's what to do: With your tax return open, select File.   Proceed through the screens until you reach the Just a few steps left... screen, then select Start or Revisit next to Step 1: Review Your Order.   On the order summary screen, select Downgrade.   If you don't see Downgrade or already used the Tax Expert feature, you can clear your return and start over as long as you haven’t paid yet. After clearing your return, you can select the TurboTax product that best suits your needs.   Keep in mind: If you want to receive help from a tax expert, you’ll need to use TurboTax Expert Assist.

The value of the shares sold is in your w2 box 1 wages. The sale on the 1099-B might include the cost basis on your w2. Follow these steps to report the sale of a few stocks sold to cover the taxes: Go to Federal > Wages & Income. Find Investments and Savings  select Stocks, Cryptocurrency, Mutual Funds, etc. enter your 1099-B  When entering the specific sale, TurboTax will ask "What type of investment did you sell?" Select Employee Stock (RSU, ESPP, etc.). Select the specific subtype  ESPP  TurboTax will eventually ask: "Do you need to adjust your cost basis?" or "The cost basis on my 1099-B is incorrect." If your 1099-B doesn't have a cost basis or it is not what was added in your w2: Check this box. * You will need your Supplemental Brokerage Account Statement (usually a PDF from E*Trade, Schwab, Fidelity, etc.). This document lists the "Adjusted Cost Basis." Enter the fair market value of the shares on the date they vested as your basis. The Result: Your "Net Gain" on a Sale to Cover should be very close to $0 (or a small loss/gain due to minor price fluctuations between the vest time and the sale time).

Since you make more money, yours will be a subtraction.     Since you earn more than your husband and live in California (a community property state) while he lives in Florida (a non-community property state), you will enter a subtraction on your California return to reduce your reported income to your 50% community share.    Very basic example (and please ask if you have questions):   You     $100,000   50%  = $50,000 -$50,000

To find the earned income credit in TurboTax you can:   Click on Search at the top right of your TurboTax screen. Type earned income credit in the search box. Click on the link Jump to earned income credit TurboTax will determine for you if you qualify for the earned income credit.   Generally to qualify you must : You have income from earnings (like a job or your own business). Your investment income in no more than $11,950. (This includes interest, dividends rentals, etc) You are single or, if married and you do not use the Married Filing Separate status. You, your spouse and children all have Social Security numbers. You and your spouse are not considered as a qualifying child for someone else. You don't have any foreign income exclusions on your tax return. You are a citizen or resident of the United States. You have dependents, or if you don't, you are at least 25 or older but under 65, and you are not a dependent of another person and lived in the United States for more than half of the year. See Also:   What are the qualifications for the Earned Income Credit (EIC or EITC)?   What is the Earned Income Credit? Find Out If You Qualify   If you have any additional information or questions regarding this, please return to Community and we would be glad to help you.

There is this issue, but it doesn't help for Mac Desktop version.   https://ttlc.intuit.com/community/after-you-file/discussion/i-need-to-file-a-minnesota-amendment-and-federal-amendment-the-check-is-fine-for-the-federal-but-mn/00/3860563/message-id/825516

It's possible you reported taxable income over the QBI limit or your taxable income was zero. You can track this calculation on Form 8895 Lines 2-15. Prior year QBI loss carryforward appears on Line 3.   Per the IRS Instructions for Form 8995 Determine your QBI component:   To figure your QBI deduction, you must first determine your QBI component. Your QBI component is generally 20% of your QBI from your domestic trades or businesses.    However, if your taxable income (before the QBI deduction) exceeds the threshold ($394,600 if married filing jointly, and $197,300 for all other returns), your QBI for each of your trades or businesses may be partially or fully reduced to the greater of 50% of W-2 wages paid by the qualified trade or business, or 25% of W-2 wages plus 2.5% of the UBIA of qualified property from the qualified trade or business.    The partial or full reduction to QBI is determined by your taxable income. If your taxable income (before the QBI deduction) is: At or below the threshold, you don’t need to reduce your QBI; Above the threshold but below the phase-in range (more than $394,600 and $494,600 if married filing jointly, and $197,300 and $247,300 for all other returns), the reduction is phased in; or Above the threshold and phase-in range, the full reduction applies.

If the program is looping an error message pertaining to your School District Code, you can try one of the options below to "fix" your issue.   Open or continue your return. Click on Tax Tools (left-hand menu), then Click on Tools, and finally Click on Delete a form. Find the form causing the issue (e.g., Information Worksheet, State School District Summary, or Form 1098-T), and Delete it. Log out of TurboTax, clear your browser cache/cookies, and log back in. Re-enter the school code from scratch.   Open or continue your return. Click on the State tab, and Select Edit next to your state. Look for General Information or Residency. Proceed through the screens until you see the County/School District selection. Often, choosing the district from a dropdown menu here will override the manual entry error you're seeing elsewhere.

If you mailed your return and paid for tracking through the post office, you should check that to make sure it was delivered.  Otherwise, just be aware that mailing your tax return can take longer to process.  The following website shows that the IRS is currently processing returns received in March 2026.     Processing status for tax forms   In addition to the link shared by VanessaA, take a look at the following TurboTax help article for advice:   What if my federal refund is taking longer than 21 days?   @celia-bailleul63