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Thank you for prompt reply.  However, in my case as with many other users, I have  1099B capital gains trasnsactions numbering into the 1000s.  We really need this import feature to be operational so... See more...
Thank you for prompt reply.  However, in my case as with many other users, I have  1099B capital gains trasnsactions numbering into the 1000s.  We really need this import feature to be operational soon! 
If you lived out of state as of 1/1/2025, please enter Out-of-State (see selections below) on the screen Your County of Residence. This screen should be the third screen you see after entering your p... See more...
If you lived out of state as of 1/1/2025, please enter Out-of-State (see selections below) on the screen Your County of Residence. This screen should be the third screen you see after entering your part-year return for Indiana.    Select one of the following if you lived in another state: Out-of-state - Illinois Out-of-state - Kentucky Out-of-state - Michigan Out-of-state - Ohio Out-of-state - Pennsylvania Out-of-state - Wisconsin Out-of-state - Other States
No, you will enter the QMID of the property you installed that required you to upgrade your panel. To enter the replacement of  your electrical panel: Open your return to the deductions and cred... See more...
No, you will enter the QMID of the property you installed that required you to upgrade your panel. To enter the replacement of  your electrical panel: Open your return to the deductions and credits section Go through the home energy credits until you reach Did you have any of these residential energy property costs in 2025, select yes In the US, select yes home energy audit, yes or no placed in service by you, select yes continue continue Did you install improvements or replacements for enabling property, select yes - it was for your heat pump continue select your heat pump and enter the QMID for it total cost Take a look at your form 5695. Line 25 to see enabling property is checked, your heat pump is checked, and  the cost you entered for the subpanel work. To see the program screen, see my post here.
The programming department is aware of this issue and working on a solution.  It is expected very soon.  There has been an update today that may fix the issue and if not then please check back next T... See more...
The programming department is aware of this issue and working on a solution.  It is expected very soon.  There has been an update today that may fix the issue and if not then please check back next Thursday.
Thanks for your reply. To answer your Q: 1)Yes,I  was entering the above screen and  the carry forwards amounts of about 6 years in 2023 and 2024 Desktop Versions. For example in 2023--           ... See more...
Thanks for your reply. To answer your Q: 1)Yes,I  was entering the above screen and  the carry forwards amounts of about 6 years in 2023 and 2024 Desktop Versions. For example in 2023--               foreign taxes 2018--     315 2019------1600 2020----- 900 2021-----450 2022-----600( TT is not allowing me to post screen shot here) 2)Then If I go forms-->Click on Sch B form1116--I can see on  top right corner I see year 2023. 3)But when I go print preview or Print-->in for SCh. Form1116--(Foreign tax carryover recon. schedule) the  -- For calendar year 20(blank),    or other tax year beginning , 20(blank), and ending , 20(blank). So year finally results in  BLANK. 4)If I submit electronically IRS may reject or IRS may not take in to account of form Sch b and all credits WILL BE LOST  even for future claim of credit!!! This is the worry! I(Please do not tell me print--enter by hand and submit). I strongly wish to submit . electronically only and that is the reason even spending on TT (loyally to TT) from years,I was filing with external preparer and spending money. I still want to try TT desk top for 2025(loyally again),but I am tired off. Please advice. Than you very much    
The programming department is aware of this issue and working on a solution.  It is expected very soon.  There has been an update today that may fix the issue and if not then please check back next T... See more...
The programming department is aware of this issue and working on a solution.  It is expected very soon.  There has been an update today that may fix the issue and if not then please check back next Thursday.
I most definitely used the Return of Excess Contribution form.  The 1099-SA code 1 only included the amount distributed for qualified medical expenses.  The total 2025 HSA contribution as stated on l... See more...
I most definitely used the Return of Excess Contribution form.  The 1099-SA code 1 only included the amount distributed for qualified medical expenses.  The total 2025 HSA contribution as stated on line 12W of my W2 was $5746.15.  I reached the figure of $2792 by adding the EE and ER contributions from June-October.  The interest was easy to calculate because this was simply a bank account that accrued a small amount of interest each month, thus the $18 and change.   I called the custodian and they told me that I will receive the 1099-SA with code 2 for the distribution in early 2027 to be included with my 2026 return.  I will follow your recommendation and include the interest on this years return.   Thank you for your guidance.  It has been very helpful.  
This has been resolved. You can resubmit your return. 
Yes, you can set up Special Allocation percentages for the 1231 gain.    First, confirm that "Makes Special Allocations" is listed as Yes under Business Info >> About Your Business. Go to P... See more...
Yes, you can set up Special Allocation percentages for the 1231 gain.    First, confirm that "Makes Special Allocations" is listed as Yes under Business Info >> About Your Business. Go to Partner/Member Information and click Done at the bottom of the Member Summary page. Continue to the page "How to Enter Special Allocations" and click "See Demo" at the bottom. Follow the example for Special Allocation by Ratio or Percentage to enter the percentages on Sch K-1 Wks using Forms Mode. For Section 1231 gain, you would enter the allocation code on Form 1065 p5-6 Sch K Line 10. To confirm the allocations, open Schedule K-1 and check Line 10.
Only the IRS and your State control when and if a Federal or State tax refund is Approved and Issued.   Once a tax return has been Accepted by the IRS or a State, TurboTax receives no further inf... See more...
Only the IRS and your State control when and if a Federal or State tax refund is Approved and Issued.   Once a tax return has been Accepted by the IRS or a State, TurboTax receives no further information concerning the tax return or the status of any tax refund.   If accepted by the IRS use the federal tax refund website to check the refund status - https://www.irs.gov/refunds If accepted by the state use this TurboTax support FAQ to check the state tax refund status - https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-refund/track-state-refund/L3jgO8PGs_...
It's possible that the RSU income may have triggered the Schedule G-L.  I did a mock return with the download version of TurboTax with Non-resident NY income and PA resident income and got to a scree... See more...
It's possible that the RSU income may have triggered the Schedule G-L.  I did a mock return with the download version of TurboTax with Non-resident NY income and PA resident income and got to a screen "Taxes paid to other state(s) summary". If I clicked the pencil icon to edit it, this would trigger the Schedule G-L.  Each of you could fill out their own form, however, only your husband would need to fill this out - but if the New York income is his wage income, there won't be any need to include Schedule G-L as it won't impact anything in the return.  That could explain why the Schedule G-L didn't show up in previous year's returns.
This has been resolved. You can resubmit your return. 
I have a CD that doesn't mature for another 9 months. My understanding is that I am still liable this year for the interest that accrued for the 3 months in this year.  But I will not get a 1099-int ... See more...
I have a CD that doesn't mature for another 9 months. My understanding is that I am still liable this year for the interest that accrued for the 3 months in this year.  But I will not get a 1099-int as the interest was not reported by the bank.  Does the bank not have an obligation to provide me with the interest accrued as of 12/31 of this year so I can pay the taxes on it? Is there a form for doing so?  Will I raise a red flag to the IRS if the 1099 for the next year includes this years amount but I will have already paid it?  
You enter the Form 1099-MISC as received, it should show the federal taxes withheld in box 4 of the form.  Those taxes are entered by TurboTax on your Form 1040 Line 25b.   To enter a Form 1099-M... See more...
You enter the Form 1099-MISC as received, it should show the federal taxes withheld in box 4 of the form.  Those taxes are entered by TurboTax on your Form 1040 Line 25b.   To enter a Form 1099-MISC that is not for self-employment - Click on Federal (Personal using Home & Business) Click on Wages & Income (Personal Income using Home & Business) Scroll down to Other Common Income On Form 1099-MISC, click the start or update button On the screen Did you get a 1099-MISC?, click on Yes On the screen Let's get the info from your 1099-MISC, enter the Form 1099-MISV and continue On the screen Describe the reason for this 1099-MISC, enter a reason and Continue On the screen Does one of these uncommon situations apply? - Select None of these apply and continue On the screen Did the (reason) involve work that's like (your name) main job - Select No and continue On the screen How often did (your name) get income for (reason) - Select 2025 and continue On the screen Did the (reason) involve an intent to earn money? - Select No and continue The amount entered from the Form 1099-MISC will be entered on Schedule 1 Line 8z The total from Schedule 1 Part I Line 10 flows to Form 1040 Line 8
Understood. I am just communicating that I am not that surprised, and I am not going to be concerned yet.
I was told Feb 5th now it's saying last week of February
To be technically correct, you would have to defer to the laws where you live regarding ownership of property to decide who the income belongs to. Whoever was entitled to the interest income should r... See more...
To be technically correct, you would have to defer to the laws where you live regarding ownership of property to decide who the income belongs to. Whoever was entitled to the interest income should report it on their tax return. If it is a joint account wherein either one of you could withdraw the funds and have legal title to them, then you could enter it on either tax return by agreement between the two of you that one of you is entitled to it.