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If you are going to use the TurboTax online web based editions then you must use the Premium edition for your requirements - https://turbotax.intuit.com/personal-taxes/online/premium/   If you are going to use the TurboTax desktop software installed on a personal computer, any of the editions can be used for your requirements - https://turbotax.intuit.com/personal-taxes/cd-download/

Yes, you are correct. The improvements made to the inherited home become part of your cost basis of the home. Inherited  value on the date of death (or alternative stepped up basis) plus your cost of capital improvements should be the total entered in the sale of your inherited home. This must be done in the Step-by-Step process shown below, and cannot be entered directly on Form 8949.   If you should have a loss, and you never used this home as your personal home, you would also be allowed to use that loss against other income.   Your cost basis is the fair market value on the date of death of the decedent, plus the capital improvements (not repairs but improvements that are capital in nature).  The expenses of sale will reduce any gain or increase any loss as well. This is entered as the sale of investment property and can be entered as follows. Enter the inherited property sale in TurboTax using the steps provided.   Open or continue your return: Choose the Search box and type 'sale of second home' then use the Jump to link to enter your inherited sale) or follow the menu. In TurboTax Online select 'See more' in the FAQ then click 'sold second home'. Under Wages & Income scroll to Stocks, Cryptocurrency, Mutual Funds, Bonds, Other (1099-B) Answer Yes on the Did you sell any stocks, mutual funds, bonds, or other investments in 2025? screen If you land on the Your investment sales summary screen, select Add More Sales On the OK, let's start with one investment type screen, select Other, then Continue On the Tell us more about this sale screen, enter the name of the person or institution that brokered the sale On the next screen, select  Other (choose this also for inherited homes) then select  I inherited it under  How did you receive this investment? (For TurboTax Desktop you can enter a description of 'Inherited Home' and long term holding period). Enter the cost basis described above, including the improvements and selling price, selling expenses, etc. @nwh76 

To enter, edit or delete a form 1099-R - 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) Scroll down to Retirement Plans and Social Security On IRA, 401(k), Pension Plan Withdrawals (1099-R), click the start or update button Online editions -   On the screen Did you get a 1099-R in 2025? Click on Yes On the screen Let's import your tax info Click on Change how I enter my form On the screen How would you like to upload your 1099-R? Click on Type it in myself On the screen Who gave you a 1099-R? select the type of 1099-R you received and Continue

You do not need to input the control number (box D) on your W-2. If you get errors when attempting to e-file with an empty box D, just enter any number in this format: 5 digits, space, 5 digits (for example 12345 67890). The IRS doesn't care what's in box D.   A Control Number (box D) is used by many payroll departments to uniquely identify a W-2 in their system. If your W-2 doesn't have one, it's no big deal.   Please read this TurboTax Help topic for more information.

The first step in requesting a correction is to examine a diagnostic tax file experiencing the situation.  You can provide a diagnostic copy of your tax data file so that someone here can take a closer look.  The diagnostic file will not contain personally identifiable information, only numbers related to your tax forms.     If you would like to provide us with the diagnostic file, follow the instructions below and post the token number along with which version of TurboTax you are using and what states you are filing in a follow-up thread.  It would be helpful to have a screenshot of the token number to prevent it from being redacted.   Use these steps if you are using TurboTax Online:   Sign in to your account and be sure you are in your tax return. Select Tax Tools in the menu to the left. Select Tools. Select Share my file with agent. A pop-up message will appear, select OK to send the sanitized diagnostic copy to us. Post the token number here.    If you are using a CD/downloaded version of TurboTax, use these steps:   Select Online at the top of the screen. Select Send Tax File to Agent. Click OK. Post the token number here.

@Cscottobx wrote: What do I do to fill out my taxes if my W-2 does not list any amounts in the federal and state tax fields on my W2? If box 2 and box 17 do not have an amount entered but you have wages entered in box 1 and in box 16, enter a 0 in box 2 and a 0 in box 17.

@cjhuesman Download the tax data file from the 2024 online account to your computer.  When you start the 2025 tax return you can transfer the 2024 tax data file to the 2025 tax return.   To access your current or prior year online tax returns sign onto the TurboTax website with the User ID you used to create the account - https://myturbotax.intuit.com/ Scroll down to the bottom of the screen and on the section Your tax returns & documents.  Click on the Year and Click on Download .tax file   See this for transferring tax data to the online editions - https://ttlc.intuit.com/turbotax-support/en-us/help-article/import-export-data-files/transfer-last-year-return-turbotax-online/L279eUvY2_US_en_US

Go back through your return and verify that the dependent's information has been entered accurately. Correct any misspellings, make sure the dependent SSN is entered correctly. If there was an error, fix it and file the return.     If everything is correct If you want to electronically file this return and claim the dependent, an Identity Protection PIN (IP PIN) will be required to file electronically.   Visit IRS IP PIN for further information.  You can also mail your return if you do not want to get an IP PIN.    

Can you please explain this percentage calculation to me?   I keep working the numbers and it does not make sense.  Not to mention, the clients 1099 specifically says that it is tax exempt accrued interest paid. So I feel like the entire adjustment should be on tax exempt interest not based on a percentage.  total interest 6590 tax exempt interest 18756 BP on tax exempt bonds  8630 tax exempt accrued interest paid 643.    ProSeries reduces tax exempt interest by 640 and total interest by 3   Thank you