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Hi. Yes, the things you suggested seemed to take care of the problem.  But perhaps the wording in the interview could be clearer, in making the distinction between what a payor "suggests" an RMD amount, and what amount is actually taken.   "Note: Do not include the RMD for other retirement accounts you may have. RMDs for other accounts should be entered separately."   We were interpreting that to mean that we should somehow find or make an entry for the amount suggested by the 2nd custodian amount even though no money was withdrawn from them.   We appreciate the assistance.

C'mon - that just solves your immediate problem. It does not resolve the bug on the State e-file "payment info" screen. The drop-down selector for the expiration month simply does not work. It would take Intuit very little effort to fix it. Heck - they could even ask an AI tool to do it!

Thanks.  I’m a CPA. I know I can do that as a stop gap.  The software used to work and we’ve only taken the withdrawals to pay eligible expenses.  It’s for my daughter’s tax return and she will not qualify for any education credits as our dependent. I’d like to know the timing on when this will be resolved systematically since it worked in prior years.  I’ll do the stop gap if push comes to shove and make notes in my file. 

Dear J.J.,   Boy are you correct in questioning this year's method for valuing items for donation!  In past years TurboTax has used a much more sophisticated calculator but this year's is a much blunter instrument.  Having used TurboTax for more than 25 years and all those years having declared charitable deductions for items donated to Goodwill and others without incident, I have operated by a simple rule of thumb: if the item is new, declare it as such, if not take the lower value.  It's just not worth compromising your return.  After all, your instinct for donating to a charity is a good one so be true to that instinct and when in any doubt stick to the lower value.   Good luck filing. Marsh Lee    

Thanks. It's not a deductible expense but it IS a qualified educational expense. For many, the amount withdrawn from a 529 plan exceeds the amount of on the 1098T. In these cases, it's important to account for the overage or TT will incorrectly count the overage as an unqualified distribution (and thus taxable). TT employees continue to minimize this (and the delta for my family resulted in hundreds of dollars difference in tax owed), but I'm happy to hear that it's been fixed.

Your estimated tax payments will serve as a credit against your Federal tax liability and have to be entered on your tax return.   In TurboTax Online, you can enter estimated taxes you paid by following these steps: Open your tax return Click on Federal in the left-hand column, then Deductions & Credits Navigate to the list of Deductions and Credits  Locate the section named Estimates and Other Taxes Paid and click on the arrow on the right  Click on Start next to Estimated Tax Payments On the next page, click Start next to Federal estimated taxes for 2025 (form 1040ES)

I assume the family trust you reference is a revocable grantor trust, in which case you may not have to report the sale.  In general, you don't have to report the sale of your home (personal residence) if your gain on the sale is less than $500,000 if married filing joint or $250,000 if single, and it was your primary residence for two of the past five years.  However, you do have to report the sale if you received a Form 1099-S.    If required, report the sale in TurboTax as follows:   Log in to, or open your return Navigate to the sale of home section: TurboTax Online/Mobile: Go to: Federal >> Wages & Income>>Less Common Income>>Sale of Home TurboTax Desktop: Search for sale of home, and select the Jump to link. Answer Yes to "Did you sell or have your home foreclosed in 2025?" Select Continue on the next screen. Enter the address of the home you sold on the next screen, and select Continue. Follow the onscreen instructions.

Having all your properties classified as passive may actually work to your advantage this year. Since passive losses can generally only offset passive income, converting those "active" older properties into "passive" ones allows the newest property loss to offset the taxable income from the old ones.   In TurboTax, a property's active or passive status is generally driven by your participation level for each specific year. Here is how to update your older properties to reflect your current passive involvement:   In Step-by-Step Mode, return to that property by going to Rental Properties and Royalties in Wages & Income Select Update to view the Rental and Royalty Summary page Click Edit to the right of the property that you want to change Click on Update to the right of the property, in the Property Profile section (usually the first category) Continue through the interview questions until you reach, "Let's Find Out if You're an Active Participant in This Property" Select, No, I am not an active participant, then Continue   Note: When you are asked about being a Real Estate Professional, select None of the above.