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I sold a rental property that I own from an inheritance. The inheritance was in Jan. 2024 and sold in Nov. 2025. I entered all sales and cost info and TT seems to have correctly calculated loss in Pa... See more...
I sold a rental property that I own from an inheritance. The inheritance was in Jan. 2024 and sold in Nov. 2025. I entered all sales and cost info and TT seems to have correctly calculated loss in Part I.  From research, I think there also needs to be be a calculation for tax on depreciation recapture that should be in Part III.  TT did not complete Part III.  How can I know if that is required?   PS - I paid $50 for TT phone support and have been connected with 'experts' - none of whom were able to assist with reporting a rental sale.  I was told I would be connected with an expert which never happened.  Is there a way to enter a support complaint?
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We had this issue when entering multiple K-1 forms in TTD Windows. The summary worksheet would not accept the zipcode for personal info. We confirmed it was 5 digits there and on Personal Info. Going... See more...
We had this issue when entering multiple K-1 forms in TTD Windows. The summary worksheet would not accept the zipcode for personal info. We confirmed it was 5 digits there and on Personal Info. Going to the K-1 there is a checkbox that will allow the address to be removed. In error check you can enter it by hand. It accepted the fix and the error cleared. 
I've read the description on the back for Box 10 but not exactly clear as to how to correct Turbo Tax error on Smart Check.  
I had a similar situation. TT could not find my file in the C: drive, but did find it on my backup thumb drive. The only difference is that the thumb drive file system is FAT32 instead of NTFS file s... See more...
I had a similar situation. TT could not find my file in the C: drive, but did find it on my backup thumb drive. The only difference is that the thumb drive file system is FAT32 instead of NTFS file system on the C drive. You might try and copy the 2024 file to a FAT32 thumb drive and see if TT can find it there.
Check the characters: Max 35 characters No comma, period, apostrophe, slash The first 4 letters must match the EIN assignment - look at the top of the EIN confirmation letter. For example: Th... See more...
Check the characters: Max 35 characters No comma, period, apostrophe, slash The first 4 letters must match the EIN assignment - look at the top of the EIN confirmation letter. For example: The Smith Trust might be Smit at the top of the form. Use Smith Trust instead. If the EIN is recent, it may not be in the system yet, so you get a reject. @andymoler58 
2023 - 1099R - Box 1 amount = $6,500 2024 - 1099R - Box 1 amount = $7,000
It is automatic based on your age. It is not part of your Standard Deduction. The new Senior Deduction is separate and in addition to the Standard Deduction or your Itemized Deductions on 1040 line 1... See more...
It is automatic based on your age. It is not part of your Standard Deduction. The new Senior Deduction is separate and in addition to the Standard Deduction or your Itemized Deductions on 1040 line 12e. The 6,000/12,000 senior deduction will be calculated on 1040 Schedule 1-A page 2 Part V Enhanced Deduction for Seniors which goes to 1040 line 13b with any other sch 1-A amounts. Turbo Tax automatically includes it if you qualify. For Single the deduction starts to phase out at 75,000 and maxes out at 175,000 For Joint the deductions starts to phase out at 150,000 and maxes out at 250,000 If you are married you have to file a Joint return And your SSN must be VALID for employment. Do NOT check the box saying Not Valid under My Info. 
For Online version You can preview the 1040 or print the whole return https://ttlc.intuit.com/community/accessing/help/how-do-i-preview-my-turbotax-online-return-before-filing/00/26160 What do you have on 1040 or 1040SR line 13b? See the 1040 ….    
The senior deduction of $6,000 is automatically calculated by TurboTax based on the dates of birth you entered for each spouse.   Married couples filing separately are not eligible for the senior... See more...
The senior deduction of $6,000 is automatically calculated by TurboTax based on the dates of birth you entered for each spouse.   Married couples filing separately are not eligible for the senior deduction.   The senior additional deduction is not included in the standard deduction but appears on line 37 of Schedule 1-A of your form 1040, with that amount flowing to line 13b of your form 1040.   In TurboTax Online, you can only view Schedule 1-A after registering and paying the TurboTax fee.   But you can preview your form 1040 and check line 13b of your form 1040 which includes the senior deduction among other deductions if applicable, such as the tip deduction, the overtime or the car loan interest deduction.   To preview your form 1040 in TurboTax Online, follow these steps:   Open your return In the left-hand column, locate Tax Tools, click on the drop-down arrow then click on Tools On the Tools Center page, click on View Tax Summary In the left-hand column, click on Preview my 1040 Your form 1040 will display. Scroll down to line 13b  and you should see the amount of this deduction included in this line.
only the contribution is reportable back to 2025 on Form 8606, the conversion is reported in the calendar year it is performed so you will get a 1099-R next year and report the conversion for 2026. ... See more...
only the contribution is reportable back to 2025 on Form 8606, the conversion is reported in the calendar year it is performed so you will get a 1099-R next year and report the conversion for 2026.   for 2025 you need to amend your return to report the contribution and the basis will carry over from 2025 Form 8606 Line 14 to 2026 Form 8606 Line 2.   see https://ttlc.intuit.com/turbotax-support/en-us/help-article/retirement-benefits/enter-backdoor-roth-ira-conversion/L7gGPjKVY_US_en_US  
We used to be able to upload the *.csv file but they discontinued it this year, why? Now it's even more complicated. I spent nearly 3 hours trying to upload my cryptocurrenty files and nothing seems t... See more...
We used to be able to upload the *.csv file but they discontinued it this year, why? Now it's even more complicated. I spent nearly 3 hours trying to upload my cryptocurrenty files and nothing seems to work properly. It just shows my income as $350,000 even though I lost money. I think so then it makes me have to upgrade to Full Service, lol.
Plus, article 21(1) states: "A citizen of a Contracting State who is a resident of the other Contracting State shall not be subject in the other Contracting State to any taxation or any requirement... See more...
Plus, article 21(1) states: "A citizen of a Contracting State who is a resident of the other Contracting State shall not be subject in the other Contracting State to any taxation or any requirement connected therewith which is other or more burdensome than the taxation and connected requirements to which citizens of that other Contracting State in the same circumstances are or may be subjected. " Therefore, if contributions of US citizens to 401(k) plan are tax free my contributions to Polish retirement plan should also be not tax liable. In Poland there are two retirement plans - mandatory ("skladka emerytalna") and voluntary - PPK - contributions to both are coming from employee wages. 
I installed the desktop version of TurboTax 2025 Deluxe, and I'm also stuck in the initial captcha loop. How do I install updates on the initial Activation screen? I've been solving captchas for a ha... See more...
I installed the desktop version of TurboTax 2025 Deluxe, and I'm also stuck in the initial captcha loop. How do I install updates on the initial Activation screen? I've been solving captchas for a half an hour and I can't get TurboTax Desktop to activate.   Since it seems to be unclear, this is the DESKTOP TURBOTAX 2025. I'm not logging in to the web site. I'm not using a web browser. I'm not using Chrome or Edge or Safari or Firefox. I downloaded the DESKTOP TURBOTAX 2025 and I'm trying to activate it. This is on an up-to-date version of Windows 11.  
If proceeds and cost basis are both 0 then you do not need to report it. Otherwise, you do.
Who can I email or talk to about being overcharged? I paid 82.99 to Amazon, Then an additional 42.40 to TurboTax and then another 50.00 to TurboTa for doing my state taxes. At least one state tax sho... See more...
Who can I email or talk to about being overcharged? I paid 82.99 to Amazon, Then an additional 42.40 to TurboTax and then another 50.00 to TurboTa for doing my state taxes. At least one state tax should have been free. Any help is appreciated!
Its a CA Muni Bond [individual issue and not a bond fund] and other info listed are Acquisition Premium [Box 6] and Tax Exempt OID [Box 11].