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Just an FYI: The SSA-1099-SM is for Self Mailer - this means that there is a special paper that is folded & sealed and mailed without an envelope. There are preforations so receipient can open easily. This is a cost-efficiant way to send out these docul=ments.

Error code 607 or 606? Error code 606 means you are entering an invalid license code. Did you purchase Desktop Software or Online Software? There is a difference between a License Code (for Desktop) and an Activation Code (for Online). You are trying to enter a Code for TurboTax Online in a Desktop software (or vice-versa).    Look on your box from Sam's and it will distinguish between TurboTax Online and TurboTax Desktop. They are not the same software, and codes from one cannot be used in the other.     If your box is for TurboTax Online, you can activate your code to your account on this link.   If your box is for TurboTax Desktop, you can download/install your software from this link. 

No, pending bank transaction are probably not causing the "needs review" prompt.   If there are any zeros ("0") in your form(s), you may need to delete them all in the program (the software counts zero's as content so this could cause this issue).   Perhaps you may need to clear your cache and cookies..   Clear your cache   Your browser stores recently visited webpages as temporary files in a cache, which enables the pages to load more quickly when revisited.   However, a full or corrupted cache can cause problems in TurboTax, so sometimes you need to clear your cache (that is, remove these temporary files).   Here are the official instructions for the most popular browsers: Google Chrome Mozilla Firefox Microsoft Edge   Apple's official support site doesn't appear to contain instructions for clearing the cache in Safari. Your best bet is to search the Internet for clear Safari cache or similar search terms.   Clear your Cookies   Cookies are small files that temporarily store data on your computer. We use them to personalize your experience so you see information you already entered and not items that are irrelevant or repetitive.   On rare occasions, they may make your browser think you already did something that you still need to do. To fix that, you'll need to delete (clear) the cookies from your browser.   Each browser has a slightly different method for deleting cookies. Choose the browser you're using: Microsoft Edge Mozilla Firefox Google Chrome Safari Safari for iOS (mobile devices)   TurboTax FAQ: How to clear your cache.   TurboTax FAQ: How do I delete cookies?   If none of these solutions fix your "Needs review" prompt. you may need to delete your W2, and re-enter it manually (sometimes importing it can cause issues).

For Online:  I can't remember because I'm not working this year.  But the problem should be on the first page you get to within the File steps.  If you are trying to move forward and no longer have the bank account it is directing you to, I believe you have to act as though you will be using the same account for direct deposit, continue, then change it after getting pass that area.  If that is not the issue, can you attach a screenshot and show where you are stuck?  Get someone on chat or call to share your screen and assist you.  If there is still a problem, if "push comes to shove" they can take your file from the online program and input it into the desktop program (if there is a true technical issue).  Look up TurboTax Customer Support phone number.  I tried making it easy for you guys and providing the number but that post was flagged.  Good Luck!

Thank you VolvoGirl.   I did go back into TurboTax and followed directions to get to the Annualized Income section.  It reduces the penalty from $164 to $17.  I then ask for a waiver of this $17.   One last comment.  I believe the method that make work best is to use the "Withhold and Replace" strategy to take advantage of IRC §6654(g). Take the $70K Roth conversion in October and designate $13,115 of it to go to the IRS as Withholding. Thus $56,885 lands in the Roth directly from the conversion.  Then deposit $13,115 from savings into the Roth within 60 days, completing the $70K to Roth. This works because Federal withholding, per IRC §6654(g), is deemed paid ratably across all four quarters regardless of when the withholding actually occurs.  No underpayment penalty.

This screen is showing up for me as well as for all of the other experts.  This is not a system-wide issue.   At this point I would suggest that you try clearing your cache and cookies and then - if that doesn't help - trying a different computer to do your tax return.     Here's how to clear your cache.   Here's how to delete your cookies.    

Line 9b on Form 8960 is the state, local and foreign income taxes that are allocable to the net investment income.  You would take the investment income that exceeds the income thresholds for reporting NIIT ($200K or more for Single or Head of Household filing status, $250K or more for Married Filing Jointly or Qualified Surviving Spouse filing status, or $125K for Married Filing Separately) and divide it by the Adjusted gross income on line 11 of Form 1040.  The result gets multiplied by the state and local income tax reported on line 5a of Schedule A (state and local income taxes).  Any foreign income taxes paid will also get multiplied to the ratio of investment income to adjusted gross income, and added to the result for the tate and local tax allocation.  This sum gets compared to the total state and local taxes on line 5e of Schedule A (total state and local taxes) and the lesser of these two amounts gets reported on line 9b of Form 8960.   As an example, let's say your state and local income tax deduction on line 5a was $30,000, your Investment income above the NIIT threshold was $10,000, and your adjusted gross income was $300,000.   Take $10,000 and divide by $300,000 to get 0.0333.  Multiply 0.0333 by state and local tax of $30,000 to get $1000.  If you had no foreign income taxes, the $1,000 amount would be what gets reported on line 9b.

In TurboTax Online, select State taxes down the left side of the screen to access the Wisconsin state income tax return.   Within the Wisconsin state income tax return, claim the homestead credit at the screen Homestead Credit Claim.     Household income below $24,680 may qualify for a credit.   Information on the Wisconsin Homestead Credit may be found here.

If you received a "Success" message but your data hasn't appeared in TurboTax, it is likely due to recent browser security updates regarding Local Network Access.   To fix this you need to allow TurboTax to securely retrieve your data through your browser settings: Locate the View Site Information icon (the "tune" or "lock" icon) on the far left of your address bar, just before the URL. Find Local Network Access in the dropdown menu. Toggle the switch to ON. Refresh the page and attempt your import again. If permissions aren't the issue, one of the following factors may be at play: Brokerage Delays: While most forms arrive by January 31, many brokerages delay Consolidated 1099s (like the 1099-B) until mid-February due to complex reporting requirements. Availability: Your brokerage must specifically "release" the import file to TurboTax. If it isn’t ready, we recommend checking back. Connection Blocks: Active VPNs or aggressive Anti-Virus software can occasionally block the import feature between your bank and TurboTax. Try disabling them temporarily or switching to a different browser. Helpful TurboTax Articles: What if I can't import my 1099? How can I fix my 1099 import issue? How do I import my 1099s? How do I enter a large number of stock transactions in TurboTax?

Thanks for the response but still no joy.  Fidelity has posted the 1099-B but it does say preliminary but it is downloadable.  I cannot determine is Fidelity has released it to Fidelity but when the download is completed, it says it was successful.  That tells normal people the information was downloaded when in actuality it wasn't.  It is incumbent on TT to change their message and not say success when it is not.  If the files haven't been released in the format TT needs, then TT must say "The files are ready for download" instead of success.  It is NOT incumbent on Fidelity or the people who buy TT to hunt this down, that is what we purchased TT for.  It isn't a browser problem, a permission problem, a connection problem, it is a TT problem and we shouldn't have to turn to the community to find work arounds for software THAT DOES NOT WORK AS ADVERTISED.   No amount of machinations resolves software issues outside of fixing the software.  TT's silence is damning on this subject as it impacts not only Fidelity but Schwab and others.  No one from TT reads this forum apparently.

Yes, you can, it won't hurt, but you don't have to. Since you are filing separately, you can check the box that says someone co-owns this loan and I only pay a portion of it". You will then be able to enter what portion of the loan you pay.  It should then give you a drop down and will let you select that your spouses social security  number is on the 1098.  This will produce a statement that is attached to your return saying you share this.  In the end, if you are married filing separately, you will need to include their SSN on your return and they will have to do the same with their return.  So since your name is on the 1098, and your returns will be linked, if you don't check the box, it should not create a red flag.      

Thank you! I have the downloaded version of TT Premium. The menu appears to be similar but my point was that I don't have a 1099-B. So when I get the question: "Which bank or brokerage is on your 1099-B", do I ignore the fact that I don't have a 1099-B?

It's completely normal for Box1 and Box 11 not to match on a W-2.   If TurboTax is giving you an error, it may be related to how the deferred compensation follow-up questions were answered.    Double-check the W-2 entry and any follow-up questions about nonqualified plans.    You can also delete your current W-2 and start over again using these steps:   To delete a W-2 from your return, please follow these steps: Sign in to TurboTax (if you're not already signed in). Click on the Take me to my Return button. Click on the Federal Taxes tab. Click on the Income and Wages tab. Find the Wages and Salaries section and select Edit/Add. Select the Delete (trash can icon) on the line listing the W-2 that is no longer applicable.