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You can edit your choice as long as you haven't yet filed your return. If you already filed, you would need to amend your return after it has been fully processed (refund received / payment processed). Form 1040X to amend a 2025 return is expected to become available on February 25, 2026.   You can get back to your screens for the Trump Savings Account to edit your choices using the steps below.   If you are using TurboTax Desktop:   Click on the Tab "File" in the gray bar across the top of your TurboTax screen Your screen will say, "Let's get ready to file your taxes" Select "Continue" Your screen will say "We recommend E-Filing Your Federal Return" Select "Continue" Your screen will ask, "Do you want to sign up?" Select "Not Interested" If you are using TurboTax Online:   Click on "File" in the left pane of your TurboTax screen Your screen will say, "Just three more steps and we'll file your returns" Click on "Start" or "information," Go through these screens regarding your bank information etc. until you see the screen that says, "It's time to claim xxxxxxx's$1,000 initial deposit" Select "Not Interested" Please see this TurboTax help article for more information about Trump accounts.

@ Notworking1 wrote: Okay so I solved it but it didn't make much sense. So the number on the letter was rejected, but if you use id.me and sign into your IRs.gov profile there was a different ID number and when I tried that one it worked. "the number on the letter was rejected"        The IRS sent out some early letters this year with the incorrect IP PIN.  As a result, when people logged into their IRS account, they were greeted with a warning notice in the Online IRS account that said they had sent out some letters prior to January 6 that had incorrect IP PIN numbers.  So they warned people who were logging into their accounts that if they had gotten one of those early letters with a wrong IP PIN, that the IP PIN had been changed and to check a page in the IRS account to see their updated IP PIN.     I haven't logged into the IRS account lately, but I presume that warning about a possible incorrect IP PIN is still visible at the top of the landing page.

If you're seeing this message, "Error: The selected file is NOT a previous year tax file or it is corrupted" note that it is more likely to be caused by an incorrect file than any corrupted data; once you find the PC storage location of your .tax2024 file, you should be able to select it and bypass this error.   Guidance from the help article: Possible causes This error typically occurs when a non-.tax file is uploaded or selected while trying to transfer prior-year TurboTax data from TurboTax Desktop to TurboTax Online.    At this time, Desktop-to-Online prior-year data transfer supports only TurboTax data files with a .tax20XX filename extension. TurboTax Online does allow uploads of other document types for the current tax year (such as W-2s, 1099s, and similar forms), but transferring prior-year Desktop return data currently requires a .tax file. See the following article for uploading other docs: How do I upload documents to My Docs™?   You'll get the same message if you try to transfer anything other than a .tax2024 data file created in a personal version of TurboTax 2024. This means you cannot transfer from a TurboTax Business data file, a TurboTax data file for any tax year other than 2024, a spreadsheet, a Word document, or any other type of file.   You may also get this message if you're trying to transfer a .tax file that is password-protected. Remove the password in TurboTax Desktop and then try transferring the file again. Solution If you used TurboTax Online to file your 2024 taxes, the easiest way to transfer last year's data is to simply sign in to 2025 TurboTax Online using your 2024 user ID and password. This automatically transfers your data over. Or, see these alternate instructions for Windows or Mac.   Don't remember your login? We can help you retrieve it.   If you used TurboTax Desktop software to prepare your prior-year tax return, you should find and upload the .tax2024 data file, which the TurboTax program uses to store your tax return data. Refer to the Windows instructions or Mac instructions for how to find your .tax2024 data file.   If you suspect your .tax2024 data file may be corrupted, you can try looking for a backup copy that you may have saved and transfer from the backup instead. Use the same instructions in the previous links to search for other TurboTax data files that may be stored on your system. Unfortunately, damaged or corrupted tax files can't be repaired. See also: TurboTax FAQ - How do I find my tax data file (.tax file) on my Windows computer?

😱well I guess you won't be entering the information manually!  Thats a serious amount of transactions!  My 1099 was posted online on 2/13 and was only available for upload to Turbotax on 2/20.  I'm with Facet.  Your financial manager may have a different schedule.  So I suggest you give it a week after 1099 posted before totally freaking out.   The ability to import to Turbotax is a fundamental capability that your financial firm should be providing and should fix it with Intuit IMHO.

I noticed the same problem of "other taxes" on Form1040 line 23 that links to schedule 2.  In my case it was because I had QCDs totalling $5,900 and reduced my IRA distribution with that amount.  QCDs should reduce the taxable portion of the IRA distribution.  While TT Premier apeared to accept those the QCDs in the step-by-step for IRA distributions, it created those "Other taxes" on the backend!  When I redid my step-by-step with the full IRA distribution, without crediting QCDs, the Other taxes disappeared.  So TT is not crediting QCDs properly.

Yes.    The Form 1040-ES for making quarterly payments is currently expected to become available in TurboTax on February 25, 2026. However, if you want to make a payment now, you can pay directly online to IRS.   To calculate estimated taxes and prepare Forms 1040-ES in TurboTax Online:   With your tax return open, search for 1040-es (be sure to include the dash) and select the Jump to link Answer No to the question Do you want to change your W-4 withholdings for 2026? Answer the questions about things like your 2026 filing status, income, and deductions Eventually, you'll come to the Print Vouchers? screen. Answer Yes and we'll include your 2026 1040-ES payment vouchers when you print a copy of your return later   In TurboTax Desktop, select Other Tax Situations, then Form W-4 and Estimated Taxes.   In addition, TurboTax's TaxCaster is available without opening your return and will estimate your total taxes. It is currently set to calculate 2025 taxes but you could use your 2026 estimated income and deductions to get a good estimate for 2026.   You can also use the IRS Withholding Estimator to calculate amounts to be withheld from wages.   Have this ready: Paystubs for all jobs (spouse too) Other income info (side jobs, self-employment, investments, etc.) Most recent tax return  

just to clarify when you make a backdated contribution to the prior tax year and convert to Roth, the Roth conversion part applies to the calendar year it is done, so if I'm following correctly from you've described you should have:   2024 - 5k contributions (in Q1 2025), no Roth conversion, 5k basis carryover 2025 - 7k contributions (in Q1 2026), 5k Roth conversion (maybe some earnings too?), 7k basis carryover 2026 - 7k Roth conversion (so far)   when preparing your 2025 taxes you wouldn't enter the 5k contributions, there should be a question whether you tracked basis and asks you for the basis from 2024 which will probably show $0 if you didn't have this in your 2024 filing & carryover - here you would enter 5k as the basis carried over from 2024 (confirm this lines up with your amended 2024 8606 Line 14), which will go to 2025 Form 8606 Line 2.   then enter your 2025 non-deductible contributions of 7k, 2025 Form 8606 Line 1+4 will show 7k and Line 3 will show 12k total etc.   you should have 1099-Rs for 5k (or more if you had some earnings between contribution and conversion?) so when you enter those and identify those at Roth conversions that will hit Line 8, Form 8606 will figure your tax and you should be left with 7k basis carryover to 2026.   in 2024 Turbotax I think you should be able to follow the amendment process (be sure to save copy of your original .tax2024 and PDF with all forms and worksheets from your initial filing - or help page below suggests doing a  "Save As"), and enter the 5k non-deductible contributions and it should generate the 2024 8606 you can print and mail, but you shouldn't need to file amendment if tax was not affected - see notes at end of the help for Backdoor Roth page below for case when you didn't file prior year 8606.   https://ttlc.intuit.com/turbotax-support/en-us/help-article/retirement-benefits/enter-backdoor-roth-ira-conversion/L7gGPjKVY_US_en_US   https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-return/amend-change-correct-return-already-filed/L4VjJ9BA2_US_en_US   hope that helps get pointed in the right direction.

Since you're using TurboTax Desktop, you can fix this using Forms Mode.   Open your return and click the Forms icon in the TurboTax header.  In the list of Forms in My Return on the left, notice that "PPP Loan Stmt" has a red exclamation mark.  Click the form name to open it in the large window.  Scroll down to the Smart Worksheet under 2020 Taxable Year. Uncheck box (1), which should remove the red exclamation mark. Click Step-by-Step in the header to return to the main screen. Run SmartCheck again to see if the error has been resolved.

The first step in troubleshooting this will be verifying that the accumulated prior-year depreciation for CA-state purposes that you are seeing is, in fact, calculated incorrectly. You would rightly have differences in federal depreciation and state depreciation expense if you had ever used IRS-permitted accelerated depreciation provisions which are disallowed or modified by CA law, such as 168(k) "bonus" and/or Sec. 179 expense, for example.    To download the prior-year CA tax return to verify the prior accumulated depreciation, follow these instructions: TurboTax Online - If you've started your return already Sign in to your TurboTax account. Make sure you're using the same TurboTax account (same user ID) as in previous years. There are two ways to get your prior-year returns: Select Documents from the menu, use the dropdown menu to choose the tax year you want, and select Download tax PDF. On Tax home, scroll down and select Your tax returns & documents. Select the year you want and select Download/print return (PDF). If the year you're looking for isn't there, it might be in a different account. Go here to find all of your accounts. One of them should have the return you're looking for. What if I used TurboTax Online Business? Follow these steps to download a prior year return: Sign in to your Intuit Account. Select Documents. At View documents from: 2025, select the dropdown and choose the applicable tax year. Locate the tax return pdf you want to download and select the three-dot menu icon. Select download. Your return will be saved to your device. If your prior year return does not appear in your Documents, follow these steps to download a prior year return: Sign in to your Intuit Account. Select Data & Privacy. Select Download. Read through the screens and select Continue. On the Select the data you want to download screen, select the applicable business under TurboTax Business and select Continue. Review your request and select Continue. You’ll get an email once your data is ready. This usually takes up to 15 days. More options: TurboTax FAQ - How do I view, download, or print a prior-year tax return?   From there, if the amount you're seeing for accumulated prior years' depreciation expense does, in fact, not match the prior years' CA tax return(s) filed with the FTB, then you'll want to update it in the menus for State Taxes > California > Income that California handles differently.    What TurboTax product (online or desktop, or Business) are you using, and what business entity type are you preparing? If, for example, you're willing to share that you're preparing a California partnership in TurboTax Business Online; that will allow us to provide more precise and helpful guidance to update your forms.  

Okay so I solved it but it didn't make much sense. So the number on the letter was rejected, but if you use id.me and sign into your IRs.gov profile there was a different ID number and when I tried that one it worked.

TurboTax gives you an estimated date for receiving your refund based on a 21 day average from your date of acceptance, but it can take longer.  “21 days”  is not a promise from TurboTax or the IRS.      First, check your e-file status to see if your return was accepted:  https://turbotax.intuit.com/tax-tools/efile-status-lookup/   Once your federal return has been accepted by the IRS, only the IRS has any control.  TurboTax does not receive any updates from the IRS. Your ONLY source of information about your refund now is the IRS.     You need your filing status, your Social Security number and the exact amount  (line 35a of your 2025 Form 1040) of your federal refund to track your Federal refund:    https://www.irs.gov/refunds   To track your state refund:     https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-refund/track-state-refund/L3jgO8PGs_US_en_US?uid=lt447ebr   If you chose to have your TurboTax fees deducted from your federal refund, that will take some extra time, while the third party bank handles the refund processing     https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-refund/refunds-take-longer-others/L14YlqFrH_US_en_US?uid=lexdr7zh . https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-refund/irs-refund-taking-longer-21-days/L2vRAJbdU_US_en_US?uid=lexe7lst         If you are getting earned income credit on line 27 or additional child tax credit on line 28 You are subject to the delay required by the PATH act.  Do not expect your refund before early March   https://ttlc.intuit.com/turbotax-support/en-us/help-article/internal-revenue-service/federal-refunds-delayed-due-path-act/L5jnQJsBi_US_en_US   Note:  “Accepted” is not the same as “approved”.  TurboTax tells you the e-file was accepted if the IRS deems that there is enough information on the return for them to take it in for processing.   Only the IRS can approve of the refund, which is a later stage of processing.  If the IRS approves your refund they will provide a date for the refund to be issued.   FROM THE IRS WHERE’S MY REFUND SITE: https://www.irs.gov/wheres-my-refund How it works Where's My Refund shows your refund status: Return Received – We received your return and are processing it. Refund Approved – We approved your refund and are preparing to issue it by the date shown. Refund Sent – We sent the refund to your bank or to you in the mail. It may take 5 days for it to show in your bank account or several weeks for your check to arrive in the mail.