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Updates?!  I spent over one hour yesterday and nine hours today with two Intuit specialists on the phone and screen share and we still can't get TurboTax to install  on my win11 laptop!  We are supposed to try again tomorrow.  The errors are 2502 and 2503.  What fun!   -Win

A possible workaround, if you're only entering expenses for a 1099-Q: Instead of entering the educational expenses in the education expenses (1098-T) section, enter it in the 1099-Q section of TT. The workaround is: when asked who is the student, check "someone else" (Lying to TurboTax to get it to do what you want does not constitute lying to the IRS). On the next screen, enter the real student's name.  This will eventually give you one simple screen to enter all expenses. Press Continue at the 1099-Q summary screen, to get there. You will get a screen for non dependent student summary.  Click on the edit (pencil) symbol. 

"Tax on Excess Accumulations" specifically refers to a penalty for not taking your Required Minimum Distribution (RMD) from a retirement account (like a Traditional IRA or 401(k)).   The IRS requires you to start taking money out of these accounts once you reach age 73 (formerly 72); if you don't take the full amount, they will charge an "excise tax" on the shortfall (25% or 10% with a waiver).   The program thinks you missed an RMD because: When you entered your 1099-R, you may have answered "No" (or left a blank) when asked "Was this a Required Minimum Distribution?" If you have an inherited IRA, the RMD rules apply regardless of your age (a missed distribution). If you have multiple accounts and entered the total RMD amount into a single 1099-R, the program may think the other accounts missed their distributions. You must enter the RMD info for each 1099-R individually. It is often faster to delete the forms than to try to find the one wrong "Yes/No" click.   Open or continue your return. Under Federal tab, Click on Wages & Income. Scroll to Retirement Plans and Social Security and Click on Show More. Click Start/Revisit next to IRA, 401(k), 403(b) (Form 1099-R). On the summary screen, click the trash can icon next to every 1099-R listed. Add your 1099-Rs back one by one. When you see: "Was this a withdrawal of a Required Minimum Distribution?", Answer "YES" if you are over 73, or this is an Inherited IRA. "How much of this distribution was an RMD?", Click on "The entire amount was an RMD" (unless you took out way more than required). "Did you miss a required distribution?", Make sure you select "No, I took the full RMD" or "None of these plans failed to withdraw the RMD." If the tax is still there (Form 5329 - Additional Taxes on Qualified Plans (including IRAs) and Other Tax-Favored Accounts is being generated): Click on Tax Tools, then Click on Tools, and then Click on Delete a Form.  Look for Form 5329 and delete it. If you actually missed an RMD, the program will ask if you want to request a waiver in the 1099-R section (answer Yes).  The IRS is often lenient if you show it was a "reasonable error" and you take the distribution immediately after realizing the mistake.

Thanks. We went back and checked his application for 2025 and he indicated he would NOT be a dependent for 2025.   So is your thought is that we do not claim him on our return as a dependent, and we do not report the 1095-A on our return  AND he on his return checks the box that he could be claimed as a dependent and reports  the 1095-A on his return and pays the  $375?   But you also said this cannot be done in Turbo Tax without his return being rejected but he would have to file manually?   Thanks

TurboTax Desktop Premier allows the actual date of the payment of Massachusetts withholding to be entered under Deductions & Credits / Estimates and Other Taxes Paid / Estimates / State estimated taxes for 2025.    MA Tax Payments Worksheet reports the same date of payment and payment amount.   About Annualized Withholding within the MA M-2210 Underpayment of Estimated Income Tax states:   The program uses the payment dates entered on lines 1 through 4 of the Tax Payments Worksheet in calculating the form. If no dates are entered, the program uses the normal due date for each payment.   Annualized income may be reported at the screen Annualized Income in TurboTax Desktop Premier in the Massachusetts state income tax return.   @cdburton2

Yes, you can do your taxes in QuickBooks Online.     For QuickBooks Solopreneur, follow these steps to file personal self-employed taxes.   For QuickBooks Online products, follow these steps to file business taxes. How do I import my QuickBooks info into TurboTax?

So the link above didn't help.  However, I went to FORMs and opened a 104x Colorado Amend tax form. And it was all filled out ! I didn't expect that.  I had to make some modifications and add some items to the form but it was nice to see !  It beats having to fill out the form by hand.  However, the bad news is that the Colorado.gov/revenueonline site will allow you to amend your Colorado 104 tax form and it worked easier than TurboTax, probably since it was only a Colorado k-1 change?   And what is going on in Turbo tax regarding calculating taxes?  Turbox tax said approx $200 was due vs Colorado online said $500 was due ???  Any one have any ideas why the difference?

I made you a screenshot from my TurboTax program for Single with AGI of 80,000.  Oh just thought of something, go back to My Info and check your date of birth.  Maybe it thinks you are under 65.  And that your ssn is VALID for employment.  

If you received a Schedule K-1 from Charles Schwab, it means you have income, deductions, or credits from a pass-through entity like a partnership, S corporation, or trust related to your Schwab investments. In TurboTax Online, to enter this K-1, go to the Wages & Income section and find the Schedules K-1 or Q page. Select Yes to indicate you received a K-1. Then choose the type of Schedule K-1 (partnership, S corporation, or trust) that matches your form from Charles Schwab. Follow the prompts to enter the details exactly as shown on your Schedule K-1. Carefully enter the codes and amounts from Part III (lines 1-20), paying close attention to Box 20 QBI information. This will ensure income and deductions are reported correctly on your tax return.

Este código de rechazo es por que ingresaste  un IP PIN para uno de tus dependientes que no concuerda con el récord que tiene el IRS.   Si nadie tiene un IP PIN entonces es posible de que hayas ingresado uno por error.     Para regresar a esta sección sigue los siguientes pasos y borrar el IP PIN:   Abre tu declaración En el menú de la izquierda, ve a Otras situaciones tributarias Abre la sección de Otra información de la declaración La siguiente pantalla solo está disponible para en inglés, contesta Yes La pantalla que sigue tiene los nombres de todas las personas en tu declaración, presiona el lápiz junto al nombre de la persona que tiene el IP PIN En esta última pantalla borra el número IP PIN   Si alguien tiene un IP PIN e ingresaste el incorrecto, ve el siguiente enlace para mas informacion sobre el IP PIN y como conseguir el numero correcto.     ¿Qué es un IP PIN?