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The only reason to report the account is if is is open during the tax year.  This does not mean that it was created during the tax year, just that it was operational during that time.  Please check b... See more...
The only reason to report the account is if is is open during the tax year.  This does not mean that it was created during the tax year, just that it was operational during that time.  Please check box A and continue on with the form.
You may need to adjust the scaling (fit to page) on your printer, or perhaps the feed wasn't right, and it started late, resulting in a big margin at the top, and part not printing. There is nothing ... See more...
You may need to adjust the scaling (fit to page) on your printer, or perhaps the feed wasn't right, and it started late, resulting in a big margin at the top, and part not printing. There is nothing TurboTax can do if your printer is the culprit. 
If you are sure that you have satisfied all RMD requirements, then in TurboTax, on each form 1099-R for RMD withdrawals, answer that The entire distribution was an RMD then on the following page, to ... See more...
If you are sure that you have satisfied all RMD requirements, then in TurboTax, on each form 1099-R for RMD withdrawals, answer that The entire distribution was an RMD then on the following page, to the question What is the RMD for your account? enter the amount of the distribution from that IRA account.   By doing this, you are telling TurboTax that all RMDs are satisfied and TurboTax will not calculate any penalty. The information you entered in TurboTax is to enable TurboTax to calculate any penalty where applicable, and is not reported to the IRS.
@dbryantfamily why are you even entering the VA disability income into your tax return?  did you receive a form that causes you to enter it? if you did not receive a form, do not enter it; it is non-... See more...
@dbryantfamily why are you even entering the VA disability income into your tax return?  did you receive a form that causes you to enter it? if you did not receive a form, do not enter it; it is non-taxable.  
The software will require an attachment when you get to this point right now.  As @DawnC says above we are updating these requirements.  You can check back and see if they have changed this in the ne... See more...
The software will require an attachment when you get to this point right now.  As @DawnC says above we are updating these requirements.  You can check back and see if they have changed this in the next week or two.
1. In 2022, it was your first year in CA so you had to print and mail the 568. The following years, you were not required to mail the form. You went through the software very carefully and correctly ... See more...
1. In 2022, it was your first year in CA so you had to print and mail the 568. The following years, you were not required to mail the form. You went through the software very carefully and correctly marked the LLC in CA. 2. The 568 is not part of your personal return. It is a separate "entity" filing for your business. Accepted was for your 540 personal return. 3. The 568 requires you pay $800 per year and form 3522 for the LLC voucher would be part of your return. When you go through the CA portion of your personal return, you must select LLC rather than sole proprietor. A sole proprietor does not file the 568. Follow these steps to create the 568: Go to the State Taxes tab and start the California interview. Look for the section titled "Income and Adjustments." Find "Business Profit or Loss Adjustment" (or sometimes "Rental and Royalty Adjustment"). You MUST find the question: "Is [Business Name] owned by a Single Member LLC?" You must check YES. Note: Checking this box is the "master switch." It triggers the generation of Form 568 and the $800 annual tax voucher (Form 3522). FTB website. You can log in a few weeks after filing to verify that the 568 has been posted to your business entity ID. Since you have not been filing and paying the fee, the penalties and interest can add up. There is a one-time penalty abatement allowed. You want to use it on the oldest 568 not filed, the 2023 to lower your overall amount due the most.  For 2024 and 2025, you can try to argue Reasonable Cause. The Argument: State clearly that you used professional tax software (TurboTax), received an "Accepted" status for your California filing, and reasonably believed that the 568 was included in that electronic transmission. Evidence: Attach a copy of your "Accepted" email from those years to prove you weren't ignoring your taxes, but were misled by the software interface. If you can't pay everything at once, pay the $800 base tax for each year first. Interest and penalties are calculated based on the unpaid tax balance. Paying the $800 "stops the clock" on the most expensive part of the penalty calculation. Use Web Pay: Go to the FTB Web Pay site and select "LLC Tax (Form 3522)" to ensure the money is credited correctly to your LLC entity, not your personal SSN.   You can use the TurboTax software to create the forms for each year. Select that you want to add a state to get back into the software. Of course, you are not adding a state, just getting in to get the 568 for you to file. You could choose the amend method. Either way, save a copy of your return before doing anything. Here are the FTB forms: FTB Form 568 (2023) FTB Form 568 (2024) FTB Form 568 (2025)
I have posted two IRA accounts and the RMD for each but it is saying I am short of the required RMD. My total distribution is more than the RMD of each and also more than adding in the amount they say... See more...
I have posted two IRA accounts and the RMD for each but it is saying I am short of the required RMD. My total distribution is more than the RMD of each and also more than adding in the amount they say I am short.
The OBBBA has introduced a new deduction for car loan interest paid for new cars you bought for personal use between 2025 and 2028.   The deduction is up to $10,000 if your income is under $100,0... See more...
The OBBBA has introduced a new deduction for car loan interest paid for new cars you bought for personal use between 2025 and 2028.   The deduction is up to $10,000 if your income is under $100,000 (or $200,000 if MFJ). The deduction is gradually phased out for higher incomes.   For the requirements of this deduction, please read this TurboTax Help article.   In TurboTax Online, you can enter your car loan deduction by following these steps: Open your tax return Click on Federal in the left-hand column, then on Deductions & Credits Navigate to the list of Deductions and Credits Click on Other Deductible expenses Locate the section Cars and Other Things You Own and click on the arrow on the right Click Start next to Car Loan Interest  Follow the TurboTax questionnaire to enter your car loan interest The deduction will transfer to Schedule 1-A of your form 1040, which is then transferred together with other deductions such as the additional senior deduction, the overtime deduction and the tips deduction, to line 13b of your form 1040.
This fix is not working for me. I do not need state tax return, so don't know if that's the issue with resolving this Error 190. I started my 2025 tax return using the "Online" product but switched t... See more...
This fix is not working for me. I do not need state tax return, so don't know if that's the issue with resolving this Error 190. I started my 2025 tax return using the "Online" product but switched to "Desktop". It's the "Desktop" version that is not allowing me to open my 2025 return. Suggestions?
<<Connecticut is phasing in a 100% exemption on IRA distributions from state income tax for eligible taxpayers, reaching full exemption by the 2026 tax year. Eligible seniors (AGI below $75k single/$... See more...
<<Connecticut is phasing in a 100% exemption on IRA distributions from state income tax for eligible taxpayers, reaching full exemption by the 2026 tax year. Eligible seniors (AGI below $75k single/$100k joint) can exempt 75% of IRA income in 2025 and 100% in 2026, significantly reducing or eliminating state tax on retirement withdrawals.>>   is the amount 25% of what is on the federal tax return?    is that the issue? 
This is a public forum with no access to your return, so check the entries for the 1099-R that's missing. See this page from CT because it seems certain distributions may not be fully taxable for 2... See more...
This is a public forum with no access to your return, so check the entries for the 1099-R that's missing. See this page from CT because it seems certain distributions may not be fully taxable for 2025 If you believe TurboTax is still in error, you'll need to contact support https://www.cga.ct.gov/2025/rpt/pdf/2025-R-0152.pdf 
I am eligible but it is not where the help said it should be.
I think you mean you have rental income in Ohio so you meant to prepare an Ohio non-resident return but a resident return was prepared instead. To correct that, you need to go to the state section in... See more...
I think you mean you have rental income in Ohio so you meant to prepare an Ohio non-resident return but a resident return was prepared instead. To correct that, you need to go to the state section in TurboTax and update your Ohio return. On the first screen you come to it should say  Review your Residency Info and there you can change your residency from resident to nonresident. If that does not work for some reason, you can delete the state return and start from scratch where you will be able to pick the nonresident status.
How can you verify if the information for excise tax deductible carried into the state tax form successfully?
To ensure that the credit for tax paid to Pennsylvania is calculating properly on your Virginia tax return, first go to the My Info section in TurboTax Online and answer the question about receiving ... See more...
To ensure that the credit for tax paid to Pennsylvania is calculating properly on your Virginia tax return, first go to the My Info section in TurboTax Online and answer the question about receiving any other income, and indicate that the income was earned in PA.   Then go to State on the left menu and prepare the Pennsylvania (nonresident) tax return.    After that, go to the Virginia tax return and select Continue or Edit.    Look for the Credits and Taxes area or continue through the screens until you get to the one that says Take a look at Virginia credits and taxes.    If the credit for taxes paid to PA did not generate automatically, you can find the Credit for Tax Paid to Other States entry area under the Personal, home and family credits heading.   Here you can enter the income also taxed in PA and the tax you paid to PA, which will generate a credit on your VA return for taxes paid to PA.    
Here are some troubleshooting steps to try when you have an issue with the taxable amount on Forms 1099-R that you entered:   Compare the numbers in TurboTax exactly with the 1099-R form. If B... See more...
Here are some troubleshooting steps to try when you have an issue with the taxable amount on Forms 1099-R that you entered:   Compare the numbers in TurboTax exactly with the 1099-R form. If Box 2a is blank and 2b is checked, TurboTax may assume the full amount (Box 1) is taxable. If the taxable amount is missing, you must fill it in.  If it's truly unknown, check "Taxable amount not determined" in box 2b, but be prepared to calculate the taxable portion. Restart your device. Run a manual program update @user17744011060