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It depends on the specific sales transactions listed on the 1099-B, since assets received as gifts or an inheritance are not considered purchased. If every sale from this tax year, 2025, came from securities that you yourself purchased since taking over the account, then you should select yes. If there is a mixture of sales of assets that you purchased, and sales of assets that you received into your UGMA as gifts to a minor that you're now selling as an adult, then the answer would be no. If the 1099-B lists transactions that are entirely made up of sales of assets that were previously gifted to you, then naturally the answer would be no.    You'll have to look down the list of transactions to see what was and wasn't sold this year, and make a determination for the question based on how you originally received those assets.    Learn more:  TurboTax - What is Form 1099-B: Proceeds from Broker Transactions? IRS Pub. 550 - Investment income and expenses

Gemini is telling me that it's an IRS database issue but not sure I buy that since the error is with entering the data not the submission. It is impacting all tax software based on this thread though. 

We do not schedule appointments from the user forum.   You have to contact your "expert" yourself.   https://ttlc.intuit.com/turbotax-support/en-us/help-article/product-setup/connect-tax-expert-turbotax-live/L73wOZD5D_US_en_US?uid=m8zw1pbb  

This experience was reported to the development team and corrected in the update released February 13, 2026. Please restart TurboTax Business and print your forms again. You may also try opening the PDFs using the Chrome browser or Adobe Acrobat.

We ask for a user ID to prevent fraud.  You can attempt to file without posting an ID.   Many people have an issue filling because they don't know their AGI.  In your case, since you didn't file last year, the AGI is "0."   If you can't file electronically, you have the option to mail the tax return.   If I misunderstood the question, you can contact us again with additional details.

EINs are 9 digit numbers, that never include any letters.  If there was a "W" in the reported EIN on your W-2, there may also be a typo in the number and you should check with your company's payroll department.    See How do I find my employer's EIN or Tax ID? for more information.

Once you have paid for one of the online editions you cannot clear the tax return and start over. To change your filing status, click on My Info on the left side of the online program screen.  Edit your personal information and select Married and select that you want to file your tax return with your spouse.

The basis of your retirement income would be made up of after-tax contributions to the retirement plan that were made by you.  If you never made any after-tax contributions, then your basis is zero.   The custodian of the retirement account may be able to provide you with information about whether you have a basis in your account.  Typically, if you are receiving regular payments from the account, the Form 1099-R issued for the first year that you receive a payment will show an amount in box 9b for total employee contributions, which would be the basis.

An EIN is exactly 9 numeric digits in the format of 12-3456789.  If there is a alphabetic character in the EIN that is not correct.  You will have to contact the payer on the form to get the correct EIN.

The Child Tax Credit depends mostly on your child's age rather than their student status. Your child must be under age 17 at the end of the year to qualify for the full credit. If they are 16 or younger, being in trade school does not change their eligibility as a qualifying child.   See What is the Child Tax Credit? for more information.

@TGormley Sorry, I should have been more specific.  If the tax liability on your Form 1040 Line 24 is 0 then the credit is carried over to the next tax year. What is the amount on the Form 1040 Line 24?