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This is a phenomenally messed up part of tax reporting and Turbotax which appears does not have a good grip on the rules. Before panicking, remember that the 2025 IRS has been DOGE smashed like a punch-drunk heavy weight boxer. They aren't going to wasting time on obscurities when they can barely process the incoming coming flood of 2024 tax returns while Trump wants to put them permanently out of business. If we must reduce our standard of living so oligarchs don't have to pay income tax, at least this unwarranted invasion of privacy should be on the chopping block too. It's a new day bowing before the ERS, planned successor to the devastated IRS.   That said, "maximum value" is ambiguous. I will go with the FinCen definition which is stupid enough to satisfy the most extravagant interpretation remembering none of this is about taxation, only invasion of privacy and extra-territorial intimidation. Overstating maximum value does not generate overstated tax. Sigh, it does not generate a single penny in deductions or credits. Just your wasted time. They only want to look underneath your sk--t. Kinda of like TSA "checking" for financial matters. Most all, unless you have really big amounts it is doubtful that 99% of people caught in this external reporting hell are any serious threat of being big time money launderers.   "If the maximum account value of a single account or aggregate of the maximum account values of multiple accounts exceeds $10,000, an FBAR must be filed. An FBAR is not required to be filed if the person did not have $10,000 of maximum value or aggregate maximum value in foreign financial accounts at any time during the calendar year. For United States persons with a financial interest in or signature authority over fewer than 25 accounts that are unable to determine if the aggregate maximum account values of the accounts exceeded $10,000 at any time during the calendar year, complete the appropriate Part II, III, IV, or V section for each of these accounts and check the “amount unknown” box, item 15a.   One final comment relevant to our times. To renounce US citizenship you have to show that you filed the last five years of Form 8938. (FinCen has its own threat mechanisms, but I don't think that is one of them). Congress wanted to go after people trying to get out of extraterritorial taxation which only the US and Liberia do. Play straight, nobody wants an unscheduled Central American stay.

Some people have a 0 or two before their routing number.  Be sure to enter it manually, not copy/paste.  You can double-check your routing number if you're not sure by searching on 'routing number for xxxx bank in xxxx '(your state).   If you're using TurboTax Desktop, in FORMS, you can manually enter the Routing Number at the bottom of Form 1040.   If you're using TurboTax Online, clear your Cache and Cookies, then retry your entry.   @desireefarr 

Please clarify your question by providing some additional  information so we may better help you.  Such as: What version of TurboTax are you using? What TurboTax screen are you on? It sounds like you are checking out and entering you Bank Information? You should be asked to enter your Bank information or confirm it, were you asked? What $ amount are you entering?

Did just before I saw your message.   He's been at practice all night. When he got home and I asked if he could log in and show me his tax return and told him why, he said, "I bet I didn't check the dependent box." Sure enough -- that's it.   His taxes have been amended. I'm now killing a tree (not really -- recycled paper) printing taxes to be filed by mail.  Thank you for your help.

The messages from your Live Expert should be available in the upper right hand corner of your screen when you are signed into TurboTax Online. Click on Notifications, the bell symbol.   Please see this TurboTax Help Article: How do I send/view messages from my expert? To view a message from your tax expert, select the tab with your expert's name (next to Checklist). ... If you have any trouble accessing your messages, please let your tax expert know during your next ap...   Also see How do I connect with a tax expert in TurboTax Live?  

Your messages should be available in the upper right hand corner of your screen when you are signed into TurboTax Online.  Click on Notifications, the bell symbol.   Please see this TurboTax Help Article: How do I send/view messages from my expert? To view a message from your tax expert, select the tab with your expert's name (next to Checklist). You’ll see a list of all your messages. You can also enter and send your expert a message here. If you have any trouble accessing your messages, please let your tax expert know during your next appointment.   Also see How do I connect with a tax expert in TurboTax Live?

If you'd like, we can look at your return and see exactly what you see to help come to a resolution. The return will be scrubbed and won't include any of your personal details.   If you're using TurboTax Online: Once you're logged in to your account and have your amended return open, - on the left hand panel, click on Tax Tools and then choose Tools - on the pop up window, select Share my file with Agent - you'll see a message saying you'll give us a copy of your tax return. Your personal information will be changed so we can't see any private information. - click okay and you'll get another message with a token   If you're using TurboTax Desktop: Click on Online in the top menu of TurboTax Desktop for Windows Select 'Send Tax File to Agent' Write down or send an image of your token number and state then place in this issue. We can then review your exact scenario for a solution   Please reply to this message with your token so that we can further assist you. Let us know all other states that are included on the return.

Yes, in the FILE section, after you indicated you want to Efile, you'll see a link to Print/View/Save or Review your Return, depending on which TurboTax product you're using.   Click on that and a separate window opens with a PDF copy of your return.  You can save the PDF to your computer, and print your returns from there.  The print menu will let you choose 'Tax Return Only' or 'Tax Return and Worksheets' or a specific form.    Or, you can print right from the PDF window, but be sure to save the PDF anyway.    @RMD20201   

Yes. The program can't calculate a credit for your resident state unless it knows the nonresident states taxable income and liability. If you do not prepare your returns in the correct order, they could be wrong. @plawlor78 

Yes, it is a known issue and no, it does not matter.   You can enter it either way, and as you noticed, it works out the same - the fees can be subtracted from the proceeds or entered as a selling expense.   

You placed most assets into service in October, November or December.  That triggers a different rule and your first year will have low depreciation (5% is correct for a 5-year assets placed in service in the 4th quarter; next year will be 38%).   However, windows, and possibly the shed (depending on the details), are 27.5 year assets, not 5 years.

After spending an hour on the phone with Tech Support this tax season, was referred to the IRS to have them check how many returns have been filed under my phone number.  Honestly, felt like this was a long shot, as couldn't imagine the IRS tracking federal tax returns via phone numbers.  Really?  People change their phone numbers constantly, so that would be absurd that the IRS would track federal returns in that manner.  Once discussed with an IRS respresentative today, said the same thing.  This issue is definitely a TURBOTAX ISSUE, not the IRS.  So, am at the same point as last year, 2024 for 2023 tax year.  Have to manually print out all tax returns and mail them to the IRS.     After only submitting one efile, unable to efile the remaining four tax returns.  Not a paid tax preparer, but have our own taxes, four kids and our elderly parents and help with their taxes for the past 10 years out of the kindness of our hearts.  This is the second year with similar error message and after using TurboTax for the past 10 years, I WILL NEVER USE TURBOTAX AGAIN!!

Unfortunately, TurboTax's price for preparing a state return is not based on refund amount.  I've had to pay for a state return even when my state refund was $0, or even when I owed state tax due.   If you've already paid and filed, then for future reference, some states have free state filing on their websites.   And the IRS has a list of several ways to file Federal for free, and in many cases a state return for free. https://www.irs.gov/file-your-taxes-for-free