All Posts

My depreciation schedules are not showing calculations. The schedules were supposed to be available 2/20/26, but when I reprinted my tax forms (orig. created March 2026), the depreciation is still not showing. Revised tax liab/pmt/ref updated after redoing form sequences, but nothing has changed for depreciation. Are the forms ready or not? Also, when I reprint the returns, will it correctly print as of the date requested (today) and not when first processing the forms in Mark 2026? Still no response per email notification sign-up.

I suggest you delete the section 179 carryover worksheet and the associated asset if necessary and renter them. Try deleting the worksheet first and if that doesn't work delete it and the asset. Before you delete it, make a note of the asset details such as cost and date put into service so you will have the information necessary to re-enter it. After you enter your business income and expenses you will see a screen that says Section 179 Carryover where you can enter your carryover amount from the previous year.   Follow these instructions to delete the worksheets:   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 asset and/or section 179 carryover worksheets in the list and delete it  

There hasn't been an issue reported with entering the K1s into the system and I can't duplicate your error.  So I am going to ask you to try a few fairly simple things for me.   First, if you haven't already done so please restart your computer.   Second, clear your cache and delete your cookies.  Here's how to clear your cache.  Here's how to delete your cookies.   Third, try a different internet browser or different computer.   If none of that works then you can contact TurboTax here.

@bevdickerson  To enter an investment sale - Click on Federal Taxes (Personal using Home and Business) Click on Wages and Income (Personal Income using Home and Business) Click on I'll choose what I work on (if shown) Under Investment Income On Stocks, Cryptocurrency, Mutual Funds, Bonds, Other, click the start or update button   Using the desktop editions -   On the next screen click on Yes On the next screen click on Add investments On the next screen Skip Import On the next screen click on Stocks, Bonds, Mutual Funds and continue    

TurboTax is showing $7,979 as taxable because it hasn’t connected your 1099-R (the conversion) to your nondeductible basis, the $14,000 you contributed.   To sort this out, enter your 2024 and 2025 contributions separately. This lets the software know that $14,000 of what you moved was already taxed.   Go to Deductions & Credits > Retirement and Investments > Traditional and Roth IRA Contributions.  Check the box for Traditional IRA. Enter $7,000 as your 2025 contribution. Answer "No" to "Did you change your mind and recharacterize?"  On the screen "Choose Not to Deduct IRA Contributions," select Yes, make part of my IRA contribution nondeductible. Enter $7,000. Continue through the IRA interview until you see a screen asking: "Any Nondeductible Contributions to Your IRA?" or "Did you have any nondeductible contributions to your IRA from 2024 or prior years?" Select Yes. Then enter Enter $7,000 as your "Total basis as of December 31, 2024." If you already filed your 2024 return, this number should match Line 14 of your 2024 Form 8606.   Now that the software knows you have $14,000 in "basis," go back to your 1099-R:   Go to Wages & Income > IRA, 401(k), Pension Plan Withdrawals (1099-R). Edit your 1099-R. After entering the form, you’ll reach a screen asking "What Did You Do With The Money?" Select "I moved it to another retirement account." Then select "I converted all of this money to a Roth IRA." Now, your taxable amount should be $979 because and recognize the $14,000 was a basis and none of it should be taxed.  

Thanks.  I will proceed as you recommend. I do have to wonder though why TurboTax is requiring information to be entered other than as provided on a document.  It's not the first time I've experienced this with TT, usually around 1099s.  If nothing else, provide an "Accept as entered" option.

This is not correct. When I go to "switch product" the only option available to me is "clear and start over". If I have to clear and start over, I'll be starting over in a different software. Shame on you Intuit. $179 is too much. And I'm a CPA, many of my clients use your QB products. I do not need your "expert" to help me file my small business taxes. 

Sounds like something got stuck. You can try these things:   Log Out Completely: Before doing anything else, click Sign Out in the TurboTax menu. Clear Cache and Cookies: This removes old, "corrupted" data that might be confusing the website. Use an Incognito (Private) Window: This is the most effective "quick fix" because it launches the browser without any saved history or extensions (like AdBlockers) that often interfere with tax forms. Check Pop-up Blockers: TurboTax often opens forms (like the 1099 PDF) or payment windows in a separate pop-up. Look at the right side of your address bar for a small icon with a "red X"—click it and select "Always allow pop-ups from Intuit." Restart the Browser: Close all open windows of your browser entirely and then reopen it.   Most TurboTax errors happen because the browser is trying to use an old "session" from a previous visit. By clearing the cache or using Incognito mode, you force the browser to establish a brand-new, secure connection with the Intuit servers.

Your refund may have been offset. The IRS and state governments can intercept refunds to pay for certain past-due debts (such as back taxes, child support, or student loans).   How to check for an offset:   The IRS Hotline: Call (800) 304-3107 for automated details regarding tax offsets. Official Notice: You will typically receive a letter in the mail explaining the specific debt and the amount withheld.   If you used "Pay with Refund":    If the IRS "Where’s My Refund" tool shows your funds were released but you haven't received them, please note that Intuit does not hold these funds. You will need to contact the Santa Barbara Tax Products Group (SBTPG) directly: Website: SBTPG Support  

I agree that Form 1040 line 5b must be less than the amount on line 5a, so something is messed up.  Have you tried deleting and reentering the Form 1099-R?   For a code-G Form 1099-R reporting the rollover of the entire gross amount from a 401(k) to a Roth IRA, box 1 should show the total gross amount, box 5 should show any after-tax basis and box 2a should should show the difference between box 1 and box 5.    

In TurboTax, whenever possible, make your entries in the interview (the Step-by-Step) rather than in Forms mode. This is what the message is referring to.   In the HSA interview, go back to the "Do any of these situations apply to [name]?" screen and mark that you had Medicare (as it sounds like you did). Then continue to the next screen and check the box for "[name] had different plan types at different times of the year".   On the next screen, you will have the opportunity to indicate Family or Medicare/None for each month of the year.   Now the Line 3 entries on form 8889-T will be correct, and you will no longer see the error message about the override in the Review.   This rule of entering in Step-by-Step rather than in Forms mode (when possible) is valid everywhere in TurboTax.