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Purchased stock is based on comparable sales or FMV. Inherited securities have a step up basis usually. The average price method is to help simplify things.   We comply with IRS rules regarding how to determine the fair market value of donated securities based on their acquisition method (purchase vs. inheritance).   @mtfarley1 

If you do not have a form 1099-R for tax year 2024, you'll need to delete from your tax return.   To delete it, please follow these steps:   In TurboTax Online, open your return In the left-hand column, locate Tax Tools, click on the drop-down arrow then click on Tools On the Tools Center  page, click on Delete a form  A list of forms will appear. Locate form 1099-R and click Delete next to it. On the next screen, click Delete Form

TurboTax does not have your W-2.   W-2’s come from employers.      If your employer is partnered with TurboTax to allow the W-2 data to be imported into the software you can do that---but you need the actual W-2 so that you can enter the EIN and the amount from box 1 to import the other data from the W-2---which just saves you the little bit of keying in of the other information. . Some employers have payroll sites that will have your W-2. You might need to phone, drop in, email and/or snail mail an old employer to make sure they know where to send your W-2.   https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-forms/get-copy-w-2/L8FTim9MO_US_en_US?uid=m68ee4os   https://ttlc.intuit.com/turbotax-support/en-us/help-article/import-export-data-files/import-enter-w-2/L55HzdeDr_US_en_US?uid=m68efe36   You can get a wage and income transcript from the IRS:  It will not show the actual W-2, 1099’s, etc, but will show the income information the IRS received.  It will not, however, show your state information. It will only show the federal information. https://www.irs.gov/individuals/get-transcript   Pay Social Security $62 per tax year for your W-2’s.:   https://faq.ssa.gov/en-US/Topic/article/KA-02501   https://ttlc.intuit.com/community/income/help/what-if-it-s-february-but-i-still-don-t-have-my-w-2/00/25998      

Sounds like there may have been problems in the install.  Here are some things to consider.   Make sure your computer meets the minimum system requirements. Verify that you have administrator rights. Turn off file sharing by going to the Apple Menu > System Preferences > Sharing. Then, uncheck all options under the Services tab. This will stop your computer from sharing any files. If needed, remove and reinstall TurboTax for Mac. Allow cookies and pop-up windows. If you’re asked to grant access to your confidential information, enter your Mac password and select Always Allow. From the Apple menu, choose System Preferences > Security & Privacy > General. Select the Lock to make changes. Then select the App store and identify developers under Allow applications downloaded from (if you're unable to choose it, select the lock icon and enter your admin password). Temporarily turn off your firewall and virus-detection software as well as any other program that connects to the Internet, such as email or web browsers. Remember to turn your security software back on after the download is complete. Try this steps for updating the program once the installation is complete.   Make sure you're running the program from the Applications folder, not from a mounted virtual drive or CD (if installing tax year 2023 or a previous version). Wireless connections can be problematic. We recommend updating over a wired, broadband connection. If you don't have access to broadband, try restarting your wireless router. Empty the Trash. Force the update to download and install. If you're still having problems, turn off your computer, then your router, and lastly your modem, in that order. Wait a minute or two, then turn your modem back on. Wait another minute, then turn your router back on. Once your router is back up, turn your computer back on and try updating again.

You will see the QBI carryforward entry option in the business section of TurboTax, along with the Net Operating Loss carryover:     When you choose the Net Operating Loss/QBI carryforward Loss option, you will have an option to enter your QBI loss carryover and/or your Net Operating loss carryover. The QBI loss carryover will be used to reduce your qualified business income in the current year to be used to determine your QBI deduction. The deduction could be as much as 20% of your business income in the current year, but no more. Any unused loss in the current year will be carried over in TurboTax to future years without further attention on the part of the taxpayer.   If you entered a Net Operating loss deduction, it could be used to reduce your total current year income in an amount equal to 100% of the Net Operating loss. So, you have be careful to enter the loss carryover in the correct entry screen.   @RusselN @simaB 

Do you want the 2023 return to open in the new computer or to Transfer into 2024?   For Windows. Your tax files end in .tax or starting in 2008, .tax2008, .tax2021, .tax2022, .tax2023 etc. They should be in your Documents in a Turbo Tax folder. You should also have the pdf files of each year. Or search your computer for all files ending in .tax. What I would do on the old computer, is copy the whole Turbo Tax folder that is under your Documents. That should be where the .tax files and pdf files are stored. Also if you haven't done it, I would open each year in the program and save it as a pdf file, go to FILE - SAVE TO PDF so you don't need the program installed to view your return. Copy that folder to a flash drive or best yet is to burn it to a CD or DVD and then you will have a backup of them. Then on the new computer copy the folder (or files) from the flash drive to your Documents folder. You only need the tax return data file ending in .tax2023 to transfer into 2024 or .tax2024 to transfer into next year. You can't transfer the programs. They have to be installed from the CD or Download. You don't need to install older programs unless you need to amend or you didn't save the pdf file. And they only support the last 3 years. If you install an older year you won't be able to update it or download any state programs, so you won't be able to open your return. See this article on how to move your tax return to another computer……. https://ttlc.intuit.com/community/tax-data-file/help/how-do-i-move-my-tax-data-file-to-another-computer/00/26128 IMPORTANT After you get the program installed or reinstalled the first thing to do before you open your tax return is to update the program and install any state programs you had. Then open your file. So you first might need to start a fake return to be able to download the state program (go to FILE - NEW). Enter some basic information, then go to the state tab and download the state program. Then try to open your existing return, go to FILE - OPEN  

To clarify, you are using TurboTax Online?    When we are opening tokens they open in TurboTax Desktop and in TurboTax Desktop you get follow-up questions for the inherited Roth IRA. But when I tested it in TurboTax Online I don't get the RMD questions for the inherited Roth IRA. When I recreate the entry of the two Form 1099-Rs in TurboTax Online I do not get a penalty on Form 5329.   Can you try one more time to delete the Form 1099-R for the Roth IRA and then go all the way through the retirement income interview.  Then add the Form 1099-R for the Roth IRA again.    If you are still having issues you might need to switch to TurboTax Desktop: How do I switch from TurboTax Online to TurboTax Desktop?   @jfschultz     

Is this something new for the state of Colorado?  I enter contributions and donations every year but then I use the standard deduction - which is what TurboTax advises for me.  I have NEVER been required to send any sort of backup to the state because essentially, I am not deducting these from my calculations. If I am not using the contributions to calculate my Federal taxes, why would I have to carry them over to the state?