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I see there is one reply, and maybe that works, but I agree this seems like something TurboTax should be more direct about and probably missed.  Is there a TurboTax update coming for this?  I missed it and will now have to file an amended return.

Why do you think you need to have two separate TurboTax Deluxe editions installed on one computer for the same tax year?   A single TurboTax desktop edition can be used for completing and filing an unlimited number tax returns.

You can review your answers to the questions entered in TurboTax to help determine why the deduction calculated is not what you expected. In particular, see if the questions about whether your business activity is a "qualified trade or business" and a "specified service trade or business" were answered.    TurboTax makes the determination as to whether your self-employment qualifies for the QBI deduction based on your answers to the questions in the Schedule C section if that is the qualifying business activity. You can revisit Schedule C and go over the the questions that appear after the initial income and deduction entries.   QBI is the net amount of qualified income, gains, deductions, and losses from a qualified business. This includes income from partnerships, S corporations, sole proprietorships, and certain trusts.   A qualified trade or business is any section 162 trade or business, with three exceptions:   A trade or business conducted by a C corporation. The trade or business of performing services as an employee. For taxpayers with taxable income that exceeds the threshold amount, specified service trades or businesses (SSTBs).  Please see this help article, this IRS FAQ page, and this IRS webpage for more information.    

There is.  Income from a partnership or an S-Corp can be passed through to your husband at a much lower tax rate than just entering the income onto your tax return.  The S-Corp or partnership can also pay your husband a salary that is less than the total amount that is received on the 1099 and you can save some money on the self-employment taxes.     An LLC can be taxed as a partnership or an S-Corp.

Yes, you can import financial data using the Deluxe desktop product.   In TurboTax Online, you can set up the Auto Import feature to do it automatically for you.  You can then transfer this file into a desktop product if you wish.  Here's How to Transfer from TurboTax Online to TurboTax Desktop.     @Asnman 

Didn't quite follow your post.  Here's some info bout Online and Desktop.  You can use both Online & Desktop.  But they won't share any data.  You can sign up for Online using a different account.  You can use the same email for 5 accounts.  The Desktop program can do unlimited returns but only has 5 free efiles.  If you want to efile more maybe some simple returns can use the free Online version.     There are 2 ways to use Turbo Tax. You can use the Online web browser version or buy and install the Desktop program. Online and Desktop are completely separate products with different features and pricing. ONLINE The Online web version is only good for one account and one return. But you can use the same email address for 5 accounts. You can log in and access your return from any computer. You only can see the forms after you pay and download the pdf. And you might need to upgrade to a higher version to enter different kinds of income. And you can add LIVE service or Full Service for expert help. In Online the fees are to prepare the federal and state returns (State is a separate charge) whether you efile or print and mail. Efiling is free and included. Your return is only saved online so be sure to save both the .tax20xx data file and the pdf file to your computer when you are done in case you need to amend in the future or if you need a copy to get a loan or something. You might not be able to access your online return when you need a copy. DESKTOP The Download Desktop program you buy and install the program on a full Windows or Mac computer (a desktop or laptop), which can do unlimited returns. And you can buy any version. All the Desktop programs have all the forms, you just get more help in the higher versions. And the Desktop program has many other features over the Online versions. Like seeing and entering into the actual forms. And it has a What-If worksheet to test in. The Desktop returns are only saved on your computer and can not be accessed from anywhere else. And not saved at Turbo Tax. So Be sure to save Frequently and make backups. You get 5 federal efiles for free. In Deluxe and above you get 1 state PROGRAM download to prepare unlimited state returns (in that state). Each state return including the first one is $20 early or $25 (March 1) to efile or you can print and mail the state for free. And the Desktop program is always available even after the year ends. Which is good if you ever need to amend your return after online website is closed or get audited and need your tax records.

You do not enter that you purchased a home.   But there are things about the home you can enter.   Go to Federal> Deductions and Credits> Your Home to enter mortgage interest, property taxes, and mortgage insurance that you paid in 2025   You should have a 1098 from your mortgage lender that shows this information.  Lenders send these in January/early February or you may be able to import the 1098 from the lender’s website.       Home Ownership There is not a first time home buyers credit on a Federal return. That ended in 2010. If your state has such as credit, you will be able to enter it when you prepare your state return.   Buying a home is not a guarantee of a big refund.  Your deductions for homeownership combined with your other deductions (if any) must exceed your standard deduction to change your tax due or refund. If you purchased your home late in the year, you do not even have a full year of home ownership deductions.   Your closing costs on your new home are not deductible except for prepaid interest, prepaid property tax or loan origination fees.  There are no deductions for appraisal, inspections, title searches, settlement fees. etc.   Your down payment is not deductible.   Your homeowners insurance for fire, hazard, flood, etc. is not deductible for your own home.   Home improvements, repairs, maintenance, etc. for your own home are not deductible.  (With possible exceptions for certain energy credits) (BUT——do make sure you keep careful written records/invoices, etc.  of any improvements you make to the home for someday when you sell it.)   Homeowners Association  (HOA) fees for your own home are not deductible.     Your itemized deductions have to be more than your standard deduction before you will see a change in your tax owed or tax refund.  The deductions you enter do not necessarily count “dollar for dollar;” many of them are subject to meeting  tough thresholds—medical expenses, for example, must meet a threshold that is pretty hard to reach.  The software program uses all the IRS rules that apply to the expenses you enter, and it tells you if you have enough to use your itemized deductions or if using the standard deduction is more advantageous for you.    2025 STANDARD DEDUCTION AMOUNTS SINGLE $15,750  (65 or older/legally blind + $2000) MARRIED FILING SEPARATELY $15,750  (65 or older/legally blind +1600) MARRIED FILING JOINTLY $31,500  (65 or older/legally blind + $1600) HEAD OF HOUSEHOLD $23,625 (65 or older/legally blind + $2000)    

Still no 8606 update as of now.  I can't say it enough how frustrated I am with TT.  I have been given dates of 1/24, 1/25, 1/26 and 1/28 and all have been missed.  Now I'm being told something around the 28th or "soon there after?"  When I open my TT file it now says "coming soon" with no dates.   Unbelievable that TT can't set a date to commit to and actually meet that date.  Very, very disappointing.  I'm tired of the excuses.

My apologies. The 6/12ths should be 8/12ths, based on your HDHP being valid from January through August, and your Medicare starting on 9/1/2025.   TurboTax will tell you the amount of your excess HSA contribution in the HSA Interview in the return. That is, when you start your return and begin entering data, in the section about HSAs, at some point, TurboTax will notice that your contributions exceed your calculated annual HSA contribution limit. At that point TurboTax will announce that you have excess contributions and ask how you wany them to be handled - (1) withdrawn, (2) partially withdrawn, or (3) carried over to next year.   My apologies again because it is much more common that taxpayers are halfway through their returns before they ask questions like these, so I mistakenly assumed that you were, too.   Just start your return and be looking for Deductions & Credits->HSA, MSA Contributions->HSA. And during that "interview" (series of questions about your HSA), be looking for the notice that you have excess contributions.

You will be required to file a Guam Return (which TurboTax does NOT do), a U.S. federal tax return and a part year state return for California state and Hawaii.     You can use TurboTax to do the U.S. and state tax returns, then use the information from your federal 1040 to complete the Guam tax return (See Welcome to GuamTax.com | The Official Web Site ).  Be sure you get the credit for the taxes paid to Guam (TurboTax will prompt you for the information).     And you can always come back here if you have questions while completing the tax return.        

Here is where you will find the option if you are qualified: When you get to the screen that says, "Get your federal refund faster" and it gives the option of Fast deposit to Credit Karma or a bank account, select "No thanks". The next screen is "How would you like to receive your federal refund?" If you are eligible for the Refund Advance, you will see this as an option.   The Refund Advance is not available to everyone.    Here are a couple things to check: If you are using a TurboTax partner affiliate link to use the software, the Refund Advance will not be available. If you select the 5 Day Early Refund Delivery, you will not see the Refund Advance option, but you can return to the refund selection page and find all the options listed. See this resource for more information:  Offer details and disclosures for the Refund Advance  program   Refund Advance Eligibility Here are some of the eligibility requirements to qualify for a Refund Advance loan: You’re 18 or older Your expected federal refund amount is $500 or more You’re not a resident of North Carolina, Connecticut, or Illinois You’re e-filing your federal tax return with TurboTax Your physical address is listed on your tax return. Your address must be located in one of the eligible states and can’t be a PO box or prison address You’re not filing one of these tax forms: 1310, 4852, 4684, 4868, 1040SS, 1040PR, 1040X, 8888, or 8862 You aren’t filing on behalf of a deceased taxpayer You must report income on a Form W-2, 1099-R, or Sched C You must open or have an existing Credit Karma Money™ checking account