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yesterday
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Reply to message The easy step interview will not ask about anything other than Books and supplies under the 1098-T part. And the 1099 Q easy step does not ask about any other expenses ...
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Reply to message The easy step interview will not ask about anything other than Books and supplies under the 1098-T part. And the 1099 Q easy step does not ask about any other expenses like room and board. When I attempt to override by entering the expenses manually on the student info work sheet, the entry is in blue and it is not saved. because after closing the program and restarting it, the entry on the form vanishes. There seems to be no way to get around this bug. But we can leave 1099 Q out because that is not sent to IRS anyway I believe. It says on the form it is sent to IRS It says right on the 1099 Q it is sent to the IRS
yesterday
Thanks very much! This seemed to do it correctly.
yesterday
1 Cheer
If you are sure that you have satisfied all RMD requirements, then in TurboTax, on each form 1099-R for RMD withdrawals, answer that The entire distribution was an RMD then on the following page, to ...
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If you are sure that you have satisfied all RMD requirements, then in TurboTax, on each form 1099-R for RMD withdrawals, answer that The entire distribution was an RMD then on the following page, to the question What is the RMD for your account? enter the amount of the distribution from that IRA account.
By doing this, you are telling TurboTax that all RMDs are satisfied and TurboTax will not calculate any penalty. The information you entered in TurboTax is to enable TurboTax to calculate any penalty where applicable, and is not reported to the IRS.
yesterday
Follow these steps since the OID should not be on form 8995.
Open your return to the 1099-OID
Verify box 8 has the value - not accidentally entered in a different box
Look for uncommon si...
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Follow these steps since the OID should not be on form 8995.
Open your return to the 1099-OID
Verify box 8 has the value - not accidentally entered in a different box
Look for uncommon situations or sec 199A question - a checkmark here will send it to the 8995- this should be blank
If all of that is correct and still showing on 8995, you may have a piece of data stuck in the wrong spot. Follow these steps:
Online version:
Delete the form OID and 8995, if possible, see How to Delete
Log out of your return and try one or more of the following:
Don't use Internet Explorer.
Clear cache and cookies,
Sign in using a different browser.
Sign in using a different device.
Log back into your return.
Enter the information again.
Desktop version:
Delete the forms OID and 8995
Save your return while closing the program.
Update the program
Open
Enter the information again.
yesterday
My MAGI is $250,000, so the phaseout amount is $100,000, therefore my refund should be $6000. (.06x100,000).
TurboTax is calculating $4982
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yesterday
With online you can only prepare one return per account. Each additional return incurs a separate charge.
yesterday
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yesterday
I have multiple IRA accounts. To address my RMD obligation I calculated the RMD amounts for each account to get my total RMD due. I fulfilled my total RMD requirement by withdrawing more out of one...
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I have multiple IRA accounts. To address my RMD obligation I calculated the RMD amounts for each account to get my total RMD due. I fulfilled my total RMD requirement by withdrawing more out of one account than two of the others. Even though I have withdrawn the total RMD obligation I have for 2025, TurboTax is indicating that I owe a penalty approaching $10,000. This is woefully incorrect. Is there a way to correct this problem in Turbo Tax?
yesterday
Can't use Turbo Tax 2025. Want to cancel and get refund.
yesterday
We anticipate the depreciation calculations within the software should be updated on or after February 13, 2026. Our tech team is working hard to release the updates before that date.
You can ...
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We anticipate the depreciation calculations within the software should be updated on or after February 13, 2026. Our tech team is working hard to release the updates before that date.
You can sign up for email notification here.
Please be aware that this update will affect depreciation for Schedule E (Rental Properties) only. Schedule C (Self-Employment) was updated previously and should be working in all versions of TurboTax.
yesterday
I filed as early as I could and was originally told that I was supposed to get my refund on 2/11 (tomorrow). I got the notification today (the day before I was expecting to get them) that I'll have to...
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I filed as early as I could and was originally told that I was supposed to get my refund on 2/11 (tomorrow). I got the notification today (the day before I was expecting to get them) that I'll have to wait an extra 3 weeks. I am furious.
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yesterday
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yesterday
i purchased turbo tax standard 2025 how do i download it
yesterday
1 Cheer
Well this is a game changer for me as I have 6 accts that need to be downloaded . Will wait till April
yesterday
We anticipate the depreciation calculations within the software should be updated on or after February 13, 2026. Our tech team is working hard to release the updates before that date.
You can ...
See more...
We anticipate the depreciation calculations within the software should be updated on or after February 13, 2026. Our tech team is working hard to release the updates before that date.
You can sign up for email notification here.
Please be aware that this update will affect depreciation for Schedule E (Rental Properties) only. Schedule C (Self-Employment) was updated previously and should be working in all versions of TurboTax.
yesterday
@check this 1040 line 11 3 Hi But this payment doesn't have anything to do with some that itemized in 2024, as you can look on the 1099-G it's listed as 2025 and not as general state refund ...
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@check this 1040 line 11 3 Hi But this payment doesn't have anything to do with some that itemized in 2024, as you can look on the 1099-G it's listed as 2025 and not as general state refund 1099-G with the prior year on it.
yesterday
Married Filing Single. I was at Review of State info when I had a question about mortgage interest. She picked up something about our turning an RV garage into a handicap accessible residence. It's ...
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Married Filing Single. I was at Review of State info when I had a question about mortgage interest. She picked up something about our turning an RV garage into a handicap accessible residence. It's 100 feet away from our primary residence. No one is living in it yet. The TT Expert suggested I check into deductions for spray foam insulation, doors, windows and appliances! I was almost finished then she brought up this help! My question - It is not our Primary Residence. What all can I use for deductions/credits or whatever? Where do I go to learn how I can find what information is needed before I can enter anything into TT? A BIG thanks to any help!
yesterday
There are several questions on the screen in TurboTax that says Let's dig into your situation to see if we can understand it better. This is in the section where you enter a Form 1099-G reporting une...
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There are several questions on the screen in TurboTax that says Let's dig into your situation to see if we can understand it better. This is in the section where you enter a Form 1099-G reporting unemployment benefits. If that is the section you are concerned about, can you clarify which question on that screen you answered "yes" to?
yesterday
If you save the pdf it should have the complete form including all of the numbers. Just save it or print as pdf and view it then.