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Thank you very much for the answer.    I do have a follow up question since you mention California taxable income = AGI - deductions. My California taxable income amount is shown to be higher than AGI - deductions. Are there any other components in that formula other than AGI - deductions?

No, it just becomes illiquid meaning you can't sell buy or sell it on a secondary market (like the NYSE or NASDAQ).   You should (or will) most likely get cash for your shares in which case it's a sale reportable to the IRS.

It sounds like you accidentally triggered Form 4684 (Casualties and Thefts) while trying to enter your surgery information. Go to Tax Tools on the left of your screen, then Tools, then select Delete a form.  Choose the trash can next to 4684.

You will file part-year resident tax returns for Arizona and Utah. Texas does not have a personal income tax, so you do not need to file a Texas return.   In the Personal Info section in TurboTax Online, list your current address in TX but check the box that you lived in another state in 2025. This is where you will indicate that you moved from UT to TX and on what date.   TurboTax should automatically create your part-year Utah return based on the entries above.   To complete the AZ part-year return, in the Your State Returns area in TurboTax Online, click Add another State and add Arizona.   On the AZ tax return organizer screen Tell Us About Any Additional Filing Information, check the box Confirm main form or residency.   If the following screen does not show Form 140PY - Part-Year Resident, click Yes to choose that form on the next screen.   You will now have part-year returns for AZ and UT. Just make sure to go through each state's organizer and allocate the income earned while living in each state.   Here is a TurboTax article with instructions on how to file a part-year state tax return.

Yes, you are correct.  Any amount of the insurance premiums that an employer pays or amounts that an employee pays with "pre-tax" dollars will result in taxable income for any disability payouts.   In your case, the portion of the payout related to the premium % that your employer paid will be taxable.  Your portion paid with "after-tax" money will not be taxable.   Sometimes employers will give their employees additional taxable income and use that as payment toward the disability premiums.  The advantage to the employee is that any disability payouts will be non-taxable to the employee.

Yes, people claiming the Child Tax Credit (CTC) or Earned Income Tax Credit (EITC) are still waiting.  Most taxpayers can expect their refunds by early March 2026, assuming there are no other issues. The IRS is legally required by the PATH ACT  to hold these refunds until at least February 15 to prevent fraud.  You can review the TurboTax article What is the PATH Act and How May it Impact Your Taxes?

@taxrooki  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)   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.   Go to this IRS website for free transcripts of a federal tax return - https://www.irs.gov/individuals/get-transcript   For a fee of $30 you can get a complete federal tax return from the IRS by completing Form 4506 - http://www.irs.gov/pub/irs-pdf/f4506.pdf

In the email you received, you will find the rejection code. Sign in to your TurboTax account and select the option “Fix my return.” There, you will see an explanation of the rejection along with a specific solution for your situation. Click on “Fix it now” and follow the instructions to update the information that caused the rejection.  You can see more detailed information in the link below: What does my rejected return code mean and how do I fix it? If it keeps getting rejected, your best option might be to file by mail.  

I filed my Taxes via Turbo Tax online on February 19th. Turbo Tax did not state their were forms that required to be updated to new laws/tax codes. My Oklahoma return was rejected 2 days later. When went back into Turbo Tax Online, i can click "Fix my return", and it gave me this message: "Description of error: The Oklahoma state return requires a product update before it can be electronically filed. What needs to be done: The Oklahoma tax return has not been e-filed due to a pending product update related to the State and Local Tax (Form 511-D - Oklahoma Itemized Deduction). This update is scheduled for release on February 26, 2026. On or after that date, please log in to ensure your product has been updated (online versions update automatically). Once updated, complete a final review and resubmit your return." However, it is now Mar 2nd, 2026, and i am still receiving this message. So it sounds like Oklahoma knows the itemization Form has updates, and Turbo Tax now knows. And they are allegedly working it, though their deadline has been missed. Curious if there is any update from the TurboTax Team on an ETA on this.

@cmthompson09  I am asking you based on your last post since TT experts have no clue.    I think you may be correct, the "freed up from prev years" what should show on line 2024 shows up on  2022; this is all the way at end of worksheets. So the totals are correct as is but the work sheet placement is not. I think in this case and if I am starting to make sense of this bug, its a safe bet to just respond with 0 when the systems prompts for passive operating loss? let me know based on how you figured it out if that is correct and a zero when prompted suffices.  

I believe that happened to me too. Parallel to TurboTax, I calculate my taxes in Excel. There are always discrepancies to begin with -- data entry and Excel errors as well as TT bugs -- but when they (finally) agree I feel confident that they are correct. A couple weeks ago both my Federal and Georgia returns matched but when I returned a few days ago to file my taxes, Georgia was way off. I assumed that I had goofed, had failed to check Georgia a couple weeks ago, but now I think that I did match then and that since then TT has been updated resulting in more tax for Georgia.