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“Can you send me my depreciation schedule / Form 4562 for my rental property from last year?”
To stop TurboTax desktop from asking for activation repeatedly, you can try running the program as an administrator by right-clicking the TurboTax icon.  If this does not help you can: Disconnect ... See more...
To stop TurboTax desktop from asking for activation repeatedly, you can try running the program as an administrator by right-clicking the TurboTax icon.  If this does not help you can: Disconnect any USB drives Disable your VPN Temporarily turn off your anti-virus and disable firewalls Reinstall the software  You can contact TurboTax Support if you are running out of activation attempts. You can contact TurboTax Customer Support using this link: Turbo Tax Customer Support  See also: Troubleshoot TurboTax Desktop for Windows issues Please return to Community if you have any additional information or questions and we would be happy to help.
Can you clarify what you are trying to edit? Is it a W-2? Some other IRS form? Are you trying to edit in the state, or edit the federal where the state information is?
But that's the thing - TurboTax already added the amount to income on the 2024 tax return, so I paid taxes for it (and the 6% excise tax).   Next year if I add it as a taxable distribution on Form ... See more...
But that's the thing - TurboTax already added the amount to income on the 2024 tax return, so I paid taxes for it (and the 6% excise tax).   Next year if I add it as a taxable distribution on Form 8889 (as discussed above) TurboTax will again add it to my income and I'll pay income tax for it one more time.
To clarify, did your employer make an additional contribution for you? 
If TurboTax is not letting you continue, you can try the following: Go out of your program and go back in. Clear your cache and cookies. Try a different Web Browser. If you are using TurboTax... See more...
If TurboTax is not letting you continue, you can try the following: Go out of your program and go back in. Clear your cache and cookies. Try a different Web Browser. If you are using TurboTax Desktop make sure all updates have been run on your program. You can do this by clicking on "Online" in the black bar across the top of your TurboTax screen. And then select "Check for Updates". If you have any additional questions or information regarding this please return to TurboTax Community and we would be glad to help.
Yes, this is a business asset and 100% of the sales price is reported in Schedule E asset(s). Use the full amount of the sales price  between assets (house and land). You can use the tax assessment f... See more...
Yes, this is a business asset and 100% of the sales price is reported in Schedule E asset(s). Use the full amount of the sales price  between assets (house and land). You can use the tax assessment from your city or county to determine the percentage of land and building.   The use of IRS Form 3115 Application for Change in Accounting Method can be used so that you can take all prior allowed depreciation as explained by our tax expert @CatinaT1. The date placed in service for your rental home should be January, 2022. Once the depreciation is calculated for all prior years, write down that number. This is the number you will expense and use on the Form 3115 below.    The rule is as follows - To file IRS Form 3115 for an automatic accounting method change, you must file in duplicate:  attach the original, unsigned form to your timely filed federal tax return (including extensions), and mail a signed copy to the IRS National Office or Ogden, UT office. Form 3115 Instructions (page 2) Next, for the prior depreciation you have not used.   You can use the following form to correct the depreciation for your rental property. Take any amount not previously expensed on prior returns, as an expense on the current year tax return as 'Other Expenses'. Form 3115 Instruction: By including this with the current year tax return, you can complete everything on the 2024 tax return. Adopt a change in accounting method: This option allows you to go back as far as you need. Keep in mind that even if you prepare the form 3115 in TurboTax, you will need to manually include the Section 481(a) adjustment to your return under miscellaneous expense for the prior year or missed amount. Why am I adopting a change in accounting method? Not claiming depreciation in two or more years indicates that you've chosen an accounting method without depreciation. In this case, you must now elect to change your accounting method to include depreciation. You must use the TurboTax Desktop ‌ to complete this form. TurboTax doesn't help you with this form. And your return must be mailed because this form is not supported through e-file. This must be completed and filed with the return on time.  The depreciation will not link from Form 3115 to your Schedule E. Be sure to get the total accumulated depreciation prior to 2025, and enter that number on your Schedule E under 'Any Miscellaneous Expenses' then use the description F3115 Section 481(a), then add the amount. Your depreciation schedule will maintain the information for each asset for future use.   You can change to TurboTax Desktop if you choose. How to switch from TurboTax Online to TurboTax Desktop? Additional options that you may consider:  While form 3115 is not supported in TT, you can include the adjustment amount in your tax return and still e-file your tax return. You would then need to complete form 8453, check the form 3115 box and mail both of these forms to the address on the instructions.  If you do this, make sure to send the envelope certified mail. If you decide to mail both the return with the form 3115, I also recommend you send this envelope certified mail as well. Don't forget to mail the second copy of this form only to the address indicated above. @aridgides 
If your Foreign Income was from dividends, you enter the income amount associated with the foreign tax on your 1099-DIV in the Foreign Tax Credit interview.  If your have more than one type of foreig... See more...
If your Foreign Income was from dividends, you enter the income amount associated with the foreign tax on your 1099-DIV in the Foreign Tax Credit interview.  If your have more than one type of foreign income, you'll have a separate Form 1116 for each type of foreign income, but yes, generally Line 1a and 3d would be the same amounts.    If you have excluded foreign income on form 2555, only enter the amount of unexcluded income and related tax in the interview (you may have to calculate). The forms are not linked.   For 'gross income from all sources' the calculation is not easily understood, as some items are added back, so understandable if you don't recognize the amount.    "This is total income before deductions and is the sum of: Form 1040, lines 1, 2b, 3b, 4b, 5b and 6b plus Schedule 1 (Form 1040), line 1 plus Schedule 1 (Form 1040), line 2a plus Schedule C, line 7 (all copies) plus All gains reported on Schedule D minus Schedule D, line 11, Subtotal Line A(Form 4797, Gain from Part I) plus All gains reported on Form 4797 plus Schedule E, line 3 total plus line 4 total plus  Schedule K-1 Worksheet - Estates and Trusts, Box 14 Code B : Foreign Tax Information section, line 7 (if it has a value); otherwise income reported in Part III lines 5, 6, 7 and 8 plus Schedule K-3 - Partnerships Line B - Gross income from all sources Schedule K-1 - Partnership Additional Information page 1, Box 11 section,Code A, line 1 (if positive) and line 3 and line 4 and Code I, line 5 Schedule K-3 - S Corporations Line B - Gross income from all sources Schedule K-1 - S Corporation Additional Information page 1, Box 10 section, Code A, line 1 (if positive) and line 3 and line 4 and Code H, line 5 Schedule F, line 11 (all copies) plus Form 4835, line 7 ( all copies) plus Schedule 1 (Form 1040), line 7 plus All positive income amounts on the Other Income Statement."   Here's more info on Claiming the Foreign Tax Credit.   @dhawal55           
Dear @LeticiaF1  I believe that you are on a fishing expedtion.  Thanks for your standard ideas that you have, that have already been suggested within this community discussion at least twice.  Ple... See more...
Dear @LeticiaF1  I believe that you are on a fishing expedtion.  Thanks for your standard ideas that you have, that have already been suggested within this community discussion at least twice.  Please refrain making inferences that these are tried and true solutions to this spefic problem (they are not had you read the discussion fully).  The problem is the PAYMENT API uses a completely different caching mechanism to protect banking transactions. Thanks for your input, but it is unwarranted in this example and better to delete your post quite frankly to not misleading customers thinking you have a tried and true solutions.  You are more than welcome to try your own suggestion before commenting further. If you do find your solution viable after system testing please provide development input up the chain appropriately.
No one in the user forum can resolve a billing issue.  If you have a question about your TurboTax fees or billing, make sure you use the word “billing” in your request for help.  Do not use the word ... See more...
No one in the user forum can resolve a billing issue.  If you have a question about your TurboTax fees or billing, make sure you use the word “billing” in your request for help.  Do not use the word “refund.”   https://ttlc.intuit.com/turbotax-support/en-us/help-article/account-management/contact-turbotax/L2y9ZKpQB_US_en_US?uid=m5s9l2vh
It depends. To contribute to a Roth IRA, the IRS requires you to have taxable earned compensation that is at least equal to the amount you want to contribute. For 2025, that limit is $7,000 (or $8,00... See more...
It depends. To contribute to a Roth IRA, the IRS requires you to have taxable earned compensation that is at least equal to the amount you want to contribute. For 2025, that limit is $7,000 (or $8,000 if you are 50+).The IRS categorizes your three specific income sources as follows:   Unemployment Benefits: Not considered compensation for IRA purposes. Capital Gains: Not considered compensation (this is "unearned" or investment income). Severance Pay: This is where it gets tricky. In most cases, severance is reported on a W-2 and is considered taxable compensation. However, some specific types of separation pay or deferred compensation may not count depending on how the employer coded it.
You will have to contact TurboTax support for assistance with this problem. Use the key words Billing Issue   Use this phone number and select TurboTax - 1-800-4-INTUIT (1-800-446-8848)
Most payment errors are caused because of your address not matching the credit card address, issues with your browser, or credit card authorization issues.  To fix this:   Make sure the addres... See more...
Most payment errors are caused because of your address not matching the credit card address, issues with your browser, or credit card authorization issues.  To fix this:   Make sure the address on your return matches the address on the credit card Clear your cache and cookies. Try a different Web Browser. If you are using TurboTax Desktop make sure all updates have been run on your program. You can do this by clicking on "Online" in the black bar across the top of your TurboTax screen. And then select "Check for Updates".
Correct. The Q should be showing as a rollover, not a contribution. I created a QTP to ROTH. Here is what I did: I marked non-dependent Entered the Q information box 4a, no box 4b, yes ... See more...
Correct. The Q should be showing as a rollover, not a contribution. I created a QTP to ROTH. Here is what I did: I marked non-dependent Entered the Q information box 4a, no box 4b, yes box 6, yes death/ disability, no I used Coverdell ESA and entered information return of contribution, not applicable distribution transfer, no rollover to another tuition program, no refund of education expenses, no I did get stopped in review and had to scroll down to the Rollovers to ROTH IRA account and select Yes to meeting the required conditions.  
Also guys .. dont forget to go on the irs website to update your bank account info.. get ahead because I am just receiving the letter today and I’ve had my refund for 2 weeks now 
Hey guys ! I am so sorry for those who haven’t gotten it yet, I highly believe it was the turbo tax agent that actually got the ball rolling, I have spoken with 11 agents in total .. all with differe... See more...
Hey guys ! I am so sorry for those who haven’t gotten it yet, I highly believe it was the turbo tax agent that actually got the ball rolling, I have spoken with 11 agents in total .. all with different answers and solutions .. but the last agent.. he stayed on the phone with me for 3hrs straight looking into my account, going back n forth with supervisors and even when supervisors tried to push everything on Cross River , he stood he’s ground ,he was amazing,i remember him sending emails to cross river demanding that they send the funds back immediately as well, after we hung up, i gotten an email from turbo tax stating that it was sent back .i will say this, things are moving SLOW because of Turbo Tax, the agents aren’t trained and neither  are the supervisors ..keep calling and demanding, one of the agents will get it right, cross river needs the okay from turbo tax to send it back and they are lying if they say otherwise ..the other thing is , I don’t know what he emailed to them exactly but I promise it’s turbo tax in control.. remember file the trace form with the irs, I believe it’s 3911 and KEEP CALLING 
@leeleses   Are you including the 14,400 IRA cash out in the 25,000 pension amount on line 5b?  IRA goes on line 4a and 4b.   So it  you add the IRA withdraw that may change a lot.   Also how old w... See more...
@leeleses   Are you including the 14,400 IRA cash out in the 25,000 pension amount on line 5b?  IRA goes on line 4a and 4b.   So it  you add the IRA withdraw that may change a lot.   Also how old will you be in 2026 (on 12/31/26)?   If you are 65 or older you will get an Extra 6,000 Senior Deduction in addition to the Standard or Itemized Deductions.     For 2026 NEXT YEAR the standard deduction amounts are: Single 16,100 + 2,050 for 65 and over or blind (18,150)   Are you using the Desktop program?  Desktop has a What-If worksheet that uses 2026 tax rates that you can play with.
The only way a SEP IRA would be associated with income on your tax return would be if you took a distribution from it. I suggest you look on your Form 1040, on line 4(b) to see if a taxable IRA distr... See more...
The only way a SEP IRA would be associated with income on your tax return would be if you took a distribution from it. I suggest you look on your Form 1040, on line 4(b) to see if a taxable IRA distribution appears there. If so, then you can delete the 1099-R entry that created it by following these instructions:   Follow these instructions:   1. Choose the Tax Tools option on your left menu bar while working on your return 2. Choose Tools 3. Choose the Delete a form option under Other Helpful links  4. Find the Form 1099-R entry in the list and delete it   If you don't see a taxable amount in line 4(b), then it should not be an issue on your tax return.