All Posts

Was this ever resolved?  I see some activity but there's no dates on the replies or a clear resolution. I have the same issue and want to know if I'll be able to submit electronically which is required by NY state..   Thanks

Mine is set to 1 hour. The issue is TurboTax does not seem to be reading the 1099-B correctly and it does not have a dropdown box for "This form belongs to", nor does it give a preview of any tax information such as "Box 1" or "Box 1a" like it does the the for the other 1099s such as 1099-INT or 1099-DIV.  All it has is an option line for the 1099-B with a checkbox. This is telling me that there is a major issue with the TurboTax software being able to read the 1099-B. Also, a file is stored in the Downloads, but when you go to open it up, the screen is blank and you get an error message stating "We couldn't load this file." I have attached photos of both of the screens.

if you have the basis version of TurboTax, phone support is only provided for a fee. here's a guide for the CTC To qualify for the Child Tax Credit, you (or your spouse, if married filing jointly,) and each qualifying child must have a Social Security number that is valid for employment in the United States and issued before the due date of the tax return (including extensions). Additionally, to be a qualifying child for the 2025 tax year, your child generally must: Be under 17 at the end of the tax year. Be your son, daughter, stepchild, eligible foster child, brother, sister, stepbrother, stepsister, half-brother, half-sister, or a descendant of one of these (for example, a grandchild, niece or nephew). Not provide more than half of his or her own support for the tax year. Have lived with you for more than half the tax year. Be claimed as a dependent on your return. Not file a joint return for the year (or filed the joint return only to claim a refund of taxes withheld or estimated taxes). Be a U.S. citizen, U.S. National or a U.S. resident alien.   so check what was entered on the dependent info page   if you want to contact Turbotax 5am-5pm Pacific Time (8-8 Eastern) Monday - Friday https://support.turbotax.intuit.com/contact 800-446-8848  

The ability for those who work in the cannabis industry to claim the "no tax on tips" deduction is currently a "gray area".  Tips that are from illegal activity are not considered eligible for the deduction.  While cannabis is legal on a state level in several states, cannabis is still an illegal controlled substance on a Federal level.  The argument for disallowing the tips deduction is that the tips are from an illegal activity.  The argument for allowing the tips is that the employee receiving the tips is doing nothing illegal to receive them.   Because of the "gray area" surrounding this particular industry, it may be best to err on the side of caution and not claim your tips for work in the cannabis industry as a deduction.   More information about occupations eligible for the tips deduction is at Occupations that customarily receive tips.

I don't understand.  Can you clarify something for me. If you filed jointly, why would there be two tax returns? If you did file jointly, and your husband's name is listed first, it will only show one ruturn and it will be in his name.

Your Virginia taxable income is -$450 while your Federal is $0 may be due to Virginia-specific deductions that are applied to your Federal Adjusted Gross Income (AGI)... which is quite common and nothing to worry about.   Virginia starts its calculation using your Federal AGI and then subtracts: Personal Exemptions for yourself (and spouse/dependents). If you or your spouse are 65 or older, you may qualify for an Age deduction. Virginia has its own standard deduction amount ($8,500 for singles / $17,000 for married filing jointly). Thus, if your income was already near $0, these state-level subtractions may push your "Taxable Income" into the negative.   A negative taxable income is treated the same as $0. You cannot owe taxes on less than zero dollars.   Since there is no entry of $450, that specific number might be a partial exemption or a specific state adjustment.

if 2182 is on line 18 of the 1040-X you owe the 1877. Note that we have no way to confirm that the 1040-X was done correctly. You would owe if the amended return reported one or more of the following: 1) additional income 2) reduced deductions 3) reduced tax credits.

TurboTax is working to improve this process, but in the meantime, you may be able to use one of the following options:   You have the option to enter your rental expenses under Other Deductions >> All other deductions not included in categories above. This option does not provide a description on the Form 8825 Worksheet, however. If you need to include Schedule A (Form 8825), you may need to add that form manually (Open Form above forms list).   Your other option is to enter your expenses manually on the 8825 Worksheet using Forms mode (F6 or the icon in the header). Legal fees are found on Line 9 and Real estate taxes on Line 10. Your entries to this worksheet flow to Form 8825. Again, you may need to manually add Schedule A to accompany Form 8825.   [edited 3/5/2026 | 8:21 am PT]   @bedrockproperties @mikeontt @user17720491649

You can deduct the loss as a loss on investment if you never used the house for personal purposes. You should report the Form 1099-S as an investment sale as follows:   You enter investment sales in the Wages and Income section of TurboTax, then Investment Income, then Stocks, cryptocurrency, Mutual Funds, Bonds, etc... Skip the section where it asks if you want to upload your tax documents. Choose Other for the type of investment sold. You'll come to a screen where you can enter in your sales proceeds and cost basis. On that screen, choose Land (other investment purpose) for the investment type sold. Enter in the proceeds as reported on the Form 1099-S you received and enter as the cost what you spent on the property, including deductible closing costs.  

You will need to go through the North Carolina organizer in TurboTax in the State Taxes area and look at the section that allocates income between NC source (earned while in NC) and non-NC source.    There is a screen that asks about the correct allocation of wages from your W2.   Also, make sure that you are filing a part-year return and that the dates that you lived in NC in 2025 are shown correctly.   Even though the New Jersey allocation seems correct, you may want to go through the NJ organizer to check the allocations and confirm the part-year residency period.   Here is a TurboTax article with instructions on how to file a part-year tax return.