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@Impulse  wrote:  "After hours entering tax data, i noticed that i failed to import prev year's file. Can i do this WITHOUT having to start new return? If not, it would be nice feature. THX"   No.  Unfortunately, I'm sorry to report that you have to start a new blank return in order to transfer-in the tax data file from the prior year.    Where is your 2023 tax data file currently; i.e., how did you prepare your 2023 return--in Online TurboTax or in desktop software?    Underneath your question the tag says you are using Online TurboTax.  If so, and if you also used 2023 Online TurboTax last year, it should have transferred into your 2024 Online return automatically when you first started this year if you are using the same online account as last year.   Or did you use 2023 desktop software last year and have the *.tax2023 data file stored on your computer?   If so, we can tell you how to transfer it into either a desktop or online return--depending on what you are using--but in either case it will require you to start over.   We would first need to know exactly what platform you used last year (online/desktop) and what you are using this year.

OMG!  Thank you JLtoday and justTaxes!  You solved it!   I only had 2 Windows 11 updates that hadn't been installed.  They were optional and were driver updates (Intel - net and Intel Corporation - Bluetooth).   Once I installed the 2 driver updates I went back into TurboTax and tried to e-File my Federal return and state return.  They both finally went through!   The TurboTax phone support representative I talked to last week couldn't figure out how to solve this issue even after 66 minutes on the phone.  JLtoday / justTaxesguys, you guys rock!

Can you contact the partnership to find out why the k-1 was not marked final. You marking it as final would allow the passive loss which might be improper if there is a valid reason for not marking it final. Thus without more info I would not indicate this is final. your actual cost basis is now zero since the $25K loss reduces your $25K cost to zero.      

is this a Canadian corporation? then you'll need advice of a Canadian lawyer. This is an US income tax forum. valuation is beyond the scope of this forum. If a US corporation, properly dissolving it is a matter of state law of the state incorporation. from an income tax standpoint there is no requirement to zero out the ending balance. simply indicate the return as final. 

@gavrielsullivan  asked:  "what line on my 1040 is considered net income?"   There is not a specific line on the Form 1040 labelled "net income."   It is actually derived from a combination of multiple lines.  See if the following articles are helpful in understanding the concept of "net income."   TurboTax Tax Tip:  What's the difference between gross income and net income? https://turbotax.intuit.com/tax-tips/irs-tax-return/whats-the-difference-between-gross-income-vs-net-income/c2nq4O4ct   And Accounting Insights:  Where is net income on the 1040 Form? https://accountinginsights.org/where-is-net-income-on-the-1040-form/

What does it say you cannot "apply" for?   This is the user forum for TurboTax.    If you are trying to get help for using Credit Karma:   https://ttlc.intuit.com/community/intuit-account/help/is-credit-karma-a-part-of-turbotax/00/2092900     https://support.creditkarma.com/s/  

There is no extra fee to amend your tax return unless the  change you are making requires you to use a higher version of the software than the version you used for the original return; in that situation you would be charged just the difference between the original software fees and the higher version fee.   The only way to amend a 2021 return is to use the downloaded desktop software, which is what has been provided to you.

You have added on to an old post.  What are you trying to do?  Sorry no one can call you.   How to contact Turbo Tax https://ttlc.intuit.com/community/using-turbotax/help/how-do-i-contact-turbotax/00/26991

You need to call me first thing in the morning cause I can’t get this to work. I’m getting frustrated if I can’t and you can see it and I can’t why can’t you load the thing for me like I’m telling you before you don’t do this, I will be contacting my lawyer to file a class action suit against you