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It depends. Ownership is implied because you are listing the account under the taxpayer(s) filing the return. For a married‑filing‑jointly return, the IRS treats the return as a single reporting unit. So the IRS assumes:   If the account is listed in Part I And the return is MFJ Then the account belongs to one or both spouses There is no separate ownership indicator for each spouse on Form 8938.   

Not at the federal level.  Home office expenses may be deductible in some states, if you itemize your deductions, so the questions about home office have been retained in the program, and information will flow to your state return if you otherwise qualify.  

You generally cannot tell from your Form W-2 the exact number of overtime hours you worked because overtime pay is usually combined into total wages (Boxes 1, 3, and 5).  You can use your final year-end pay stub or ask your employer for a payroll summary to determine exactly how many overtime hours were worked.  Your final pay stub for 2025 should break down your hourly, overtime, and salary pay separately.

It's easy to report it as a sale of stock or your can select 'other' if you choose. Either way you will get long term capital gains if you held it more than one year. 'CD' isn't an actual selection either way, even though they are reported just like stocks or bonds at redemption.    To enter your sale in TurboTax, follow these steps.  Open or continue your return. Navigate to the investment sales section: TurboTax Online/Mobile: Go to investment sales. If using this application, make sure it is open TurboTax Desktop: Search for investment sales and then select the Jump to link. Or Personal Tab > Continue > I'll choose what I work on > Scroll to Investment Income > Select Stocks, Cryptocurrency, Mutual Funds, Bonds, 1099-B or Other It allows you to select  Bond or Other as the type of investment. Answer Yes to the question Did you sell any of these investments in 2025?  If you land on  the Investment sales summary or Your investments and savings screen, select Add More Sales or Add investments. Click this link for more information. Where do I enter Investment Sales? @ramusco 

Can you give us some more information to clarify your situation? Do you have Social Security or a Rail Road retirement income? Do you have retirement accounts, IRAs 401-Ks? Did you get any 1099-R Tax forms in the mail? Do you have investment income? Stocks Bonds Interest Dividend Crypto

@wsessoms0  Box 1 is the gross distribution while Box 2a is the TAXABLE portion of the distribution.  The difference between Box 1 and Box 2a is not taxable.     since your federal return taxes what is in Box 2a, the adjustment on the State return is also box 2a.    is that the issue? 

Thank you for the response.  In the Q&A, Turbo Tax gives you 2 options for that income. One option is that the Trust income comes from a business (generally with a separate Tax ID), the second option is that its REIT dividends. Neither one applies. There is no separate business with a separate Tax ID. Nevertheless, with your response, I answered that the income did come from a business, and put in the name of the Trust and Tax ID for the trust in the query box for the business. That appeared to work.  Maybe in future editions of TT, TT will fix the confusion. 

Dear IsabellaG, Your advice re:  IRS #7217 is the opposite of advice from TT Tax expert PatriciaV, who stated that, after E-Filing the rest of my Federal return,  this form could be mailed to  RECEIPT and CONTROL BRANCH for my region, which is the Carolinas, so the branch office receiving it was in Austin TX.  I also followed this procedure for tax year 2024, and have not received any communications from the IRS about this somehow being irregular. Outside of the TT Community, I have been reading that #7217 is not needed to prepare current taxes, but is just to keep track of non-monetary returns, so when partnership is eventually disposed of, the IRS will better be able to verify the true return over the lifetime of the partnership.   As two persons, both described as Turbo Tax experts, have given contradictory advice, is there a way to get some higher expert to address this matter?   Best regards, Philleann

The wages should only be entered in one of the two sections you entered it in. Gross wages on line 26 of Schedule C typically refers to wages reported on W-2 forms. On line 37 you would report subcontract labor, some of which you may have reported on a Form 1099-NEC.    You need to edit your self-employment entries and make the necessary adjustments. On the screen that says Let's write off some business expenses, you will see entries for Contract Labor and Employee expenses. You need to delete the duplicate entry you made in one of those sections.

Thanks very much for your detailed reply and suggestions! It sounds like the safer way is to file as a CT resident in my case.   However, my case might be a little bit different. In 2021, 2022, 2023, and 2024, I did stay in one leased apartment for more than 183 days. But in 2025, I spent the first 5 months in a leased apartment, gave up the lease for my internship in CA, and return to another leased place in CT starting from August. Moreover, if I file as a CT resident, my property tax (car) can generate credit. So while it looks 'easier' to file as a CT resident, I might end up paying less than filing as a CT nonresident (at least this would for sure for 2021, 2022, 2023, and 2024 as I didn't have income from another state). So I wondering if 'ending up paying more tax' by filing as a CT nonresident is actually 'safer' in my case?

Select Yes to the question "Did you share the policy with another tax payer?".    You will log in and post the 1095-A. Select Tax Tools On the drop-down select Tools There will be 2 green boxes Select Topics Search Type 1095-A The question will come up Did you receive Form 1095-A for your health insurance plan? Answer Yes Continue to the form. You'll see a screen asking for shared policy info.  You’ll enter the following: Enter the Social Security number in box 5 (recipient's SSN) on your parents' 1095-A. Enter the starting month and ending month that you had the insurance. Use this TurboTax article that refers to a number of 1099-A situations that are similar to yours. I'm on my parents' 1095-A form. What do I do on my return? There's an introduction and four situations listed. They give guidance for posting and an example for each.If your return is rejected because of the 1095-A: The IRS database thinks that you or a member of your household has, or has had a Marketplace policy.        

1. An inherited piece of land has its cost basis stepped up to its fair market value on the date of death of the previous owner.   2. If you have sales expense, such as closing costs paid out by you and/or real estate agent's commission, you can deduct them.

This is an odd message. You can try these things:   Log Out Completely: Before doing anything else, click Sign Out in the TurboTax menu. Clear Cache and Cookies: This removes old, "corrupted" data that might be confusing the website. Use an Incognito (Private) Window: This is the most effective "quick fix" because it launches the browser without any saved history or extensions (like AdBlockers) that often interfere with tax forms. Check Pop-up Blockers: TurboTax often opens forms (like the 1099 PDF) or payment windows in a separate pop-up. Look at the right side of your address bar for a small icon with a "red X"—click it and select "Always allow pop-ups from Intuit." Restart the Browser: Close all open windows of your browser entirely and then reopen it.   Most TurboTax errors happen because the browser is trying to use an old "session" from a previous visit. By clearing the cache or using Incognito mode, you force the browser to establish a brand-new, secure connection with the Intuit servers.