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In this context "placed in service" just means "available for rent".  It's listed, a tenant could move in today, etc.  It often takes a while to find a tenant but as long as it could be rented it's in service.

Follow these steps to get the NJ interest income back into NJ: Go to Federal > Wages & Income. Locate  1099-INT and click Edit/Revisit  On the screen where you entered the 1099-INT details, look for a checkbox that says "My form has info in other boxes (this is uncommon)"  verify entries are correct. The next screen, "My state doesn't tax all of this interest." Uncheck that box.  You will arrive at a screen titled "Do any of these uncommon situations apply?" Look for a line that says "New Jersey nontaxable interest, taxable to federal." Ensure this is unchecked or set to "None of these apply." If you have multiple 1099-INTs, you need to verify each one. If you do have some NJ interest income that is not taxable, carefully enter just that amount. It seems that all of the income ended up exempt rather than any actual NJ portion. If that is not the case and the numbers are still holding incorrectly, we have another issue. A full or corrupted cache can cause problems in TurboTax, sometimes you need to clear your cache (that is, remove these temporary files). Online version: Delete the form, 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 form Save your return while closing the program. Update the program Open Enter the information again.

@user17750799336   Do you need to move all the programs or just your returns?  Your returns are not in the program but in separate files.   You only need the file ending in .tax2024 to transfer into 2025.   On the old computer, Your tax files end in .tax or .tax2022 or .tax2023 or .tax2024 etc.  They should be in your Documents in a Turbo Tax folder.  You should also have the pdf files of each year.  Or search your computer for all files ending in .tax.  Also if you haven't done it,  I would open each year in the program and save it as a PDF file, go to File-Save to PDF so you don't need the program installed to view or print your return in the future like to get a mortgage or loan, etc.   What I would do is just copy the whole Turbo Tax folder that is under your Documents.  That should be where the .tax files and pdf files are stored.  Copy that folder to a flash drive or best yet is to burn it to a CD or DVD and then you will have a backup of them.   Then on the new computer copy the folder (or files) from the flash drive to your Documents folder.  If you use OneDrive or something first move the files to your local Documents folder on the C: Drive.

Make sure you’re entering only the first 3 characters of your driver’s license exactly as shown (no spaces, no extra characters, and correct capitalization). If it still won’t continue, delete and retype it manually (don’t copy/paste), and confirm you selected the correct state.   If it is a New York issued ID, the document number begins after IDUSA. Do not include IDUSA as part of the document number.

Pennsylvania and Maryland have a reciprocity agreement, so as a Pennsylvania resident you can report and pay taxes on your wages in Pennsylvania only.  You should not owe Maryland anything (other than possibly a local tax) if your only Maryland income are wages.  You would not be required to file a Maryland tax return unless you had Maryland withholding on your W2.  

Yes I have entered everything you mention on my federal form, Sched E.  The only thing it seems to be bringing over besides personal information is a small capital gain amount (which has nothing to do with Arizona), a charitable contribution and my depreciation.  Nothing else.  Where, on the Arizona Form can I enter my other expenses?

Keep your records on how you used the IRS website to calculate your sales tax deduction and include your major purchase. Enter the results in the 'actual sales tax paid' field and file your return with confidence.    If the IRS does ask for any details in the future, which is unlikely because you are using the calculation based on your income and your receipt for the major purchase, you will have what you need. The entry, if the return was done by hand would not show what you used, if you were to mail tax return. 

Yes, when entering your 1099-B, check the box to indicate 'my cost basis is missing or incorrect'.  On the next screen, enter the correct cost basis.  Your W-2 for the year you purchased the shares would have your discount amount included in Box 1 Wages.  There should be a notation in Box 14 with an amount for the discount.    Divide that amount by the number of shares you exercised and add that amount to the number of shares you sold Cost Basis.  For example, if you exercised 100 shares and your discount on your W-2 was $1000, add $10 to the Cost Basis amount reported on 1099-B for number of shares sold.   You may also have a Form 3922, showing in Box 4 the FMV of the shares on exercise date, and in Box 5 the Exercise Price paid per share.  The difference is the discount amount you received.    Here's more detailed info on Employee Stock Purchase Plans.    @rkw750       

 Since a timeshare is a capital asset, you report the sale in the Investment Income section:   Go to Federal > Wages & Income. Find the section for Investment Income and select Stocks, Cryptocurrency, Mutual Funds, Bonds, Other. When asked what type of investment you sold, select Other (or "Second Home/Personal Property" if listed). Enter the Proceeds exactly as shown on Box 2 of your 1099-S. Enter your Cost Basis. This is what you originally paid for the Disney Vacation Club (DVC) interest, plus any closing costs from the original purchase. Finsish out the section.

Your new cost basis for the 1099-B entry in TurboTax is $13,000.  The $73,000 is taxed as ordinary income (offset by your losses) and only the remaining $15,000 is taxed as a capital gain. Initial Basis: $32,000 minus Adjustment to Basis: -$92,000 = Adjusted Tax Basis (-$60,000): Sale Price ($28,000) - Adjusted Basis (-$60,000) = $88,000. Total Gain ($88,000) - Ordinary Income Recapture ($73,000) = $15,000 (Capital Gain Component)  $28,000 (Sale Price) - $15,000 (Cap Gain) = $13,000.   

Hi Roger, I was just informed that even though it is a ROTH designated 401k account, the earned income portion on the ROTH contribution becomes taxable if distribution was made before reaching age 59 1/2 years old. This explains the taxable amount line on my form 1099-R. Turbotax only included this portion in the taxable amount calculation. I think we are all good. I was just not aware that the earnings on a ROTH designated 401k account becomes taxable if it were withdrawn before reaching the age of 59 1/2 years old. Only the original contribution is tax free. Thank you!