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You can transfer basic information if your 2023 tax return is a PDF of a 1040 return generated through H&R Block,  A tax data file will provide a more complete import. In some cases, TurboTax won't be able to read the PDF, for example, if it's password-protected or is a scanned copy of a PDF instead of an actual PDF file.   Here's how to transfer your PDF into TurboTax Desktop: Sign into your TurboTax account to access returns for 2023. Choose "New Tax Return" from the File menu (top left of screen). Select "Begin" or "Start a New Return"  On the screen that says "Let's Get a Jumpstart on Your 2024 Taxes", select "Use a tax return that's on my computer". Follow the on-screen instructions.   Click here for  Can I transfer last year's PDF into TurboTax Desktop 2024? Click here for What's the difference between the tax data file and the PDF?      

I may be beating a dead horse.  So TT's question of "Amount converted to a Roth IRA account" is the amount withdrawn from the Traditional IRA account less the withheld taxes?   Then is TT's question above that "Amount rolled over to another  (or back to the same) retirement account" the amount that remains in the Traditional IRA after the Roth IRA conversion amount + withheld taxes?   Example: Traditional IRA                                                          $1,000,000 Withdrawn amount including withheld taxes.      $200,000 Withheld Taxes @ 25%                                              $  50,000 Converted Roth IRA Amount                                   $150,000   TT's Questions: "Amount rolled over to another  (or back to the same) retirement account"          $800,000 "Amount converted to a Roth IRA account"                                                                   $150,000   Also how should the question above that box be answered: Tom rolled over all of this money to another traditional IRA or other retirement account (or returned it to the same account   Or   Tom did a combination of rolling over, converting or cashing out the money   Thanks in advance.      

Under the current rules, the relocation income is added to the W-2 and taxed up front.  This may be the large amount that you are seeing.   If you owned and lived in the home for a total of two of the five years before the sale, then up to $250,000 of profit is tax-free (or up to $500,000 if you are married and file a joint return).  See this TurboTax Help.   If you do not meet the eligibility test, IRS Publication 523, page 6, states that the Work-Related Move exception may qualify you for a partial exclusion of gain.   Does Your Home Qualify for a Partial Exclusion of Gain?    If you don't meet the Eligibility Test, you may still qualify for a partial exclusion of gain. You can meet the requirements for a partial exclusion if the main reason for your home sale was a change in workplace location, a health issue, or an unforeseeable event.   Work-Related Move    You meet the requirements for a partial exclusion if any of the following events occurred during your time of ownership and residence in the home.    You took or were transferred to a new job in a work location at least 50 miles farther from the home than your old work location. For example, your old work location was 15 miles from the home and your new work location is 65 miles from the home.  You had no previous work location and you began a new job at least 50 miles from the home.  Either of the above is true of your spouse, a co-owner of the home, or anyone else for whom the home was their residence.

Many thanks.  Ok. So i was able to have TT figure out the home office expenses. In 2024 I spent X amount to cover repairs (electrical, plumbing, etc) Where can i deduct the remainder of these amounts from my taxes? 

Even though it shows up as income on the first page,if you have capital gains or qualified dividends the tax is not taken from the tax table but is calculated separately from schedule D.  The tax will be calculated on the Qualified Dividends and Capital Gain Tax Worksheet.  It does not get filed with your return.  See this faq https://ttlc.intuit.com/community/forms/help/form-1040-line-11-amount-is-less-than-standard-irs-tax-table/00/25752   In the online version you need to save your return as a pdf file and include all worksheets to see it.   For the Desktop version you can switch to Forms Mode and open the worksheet to see it.  Click Forms in the upper right (upper left for Mac) and look through the list and open the Qualified Dividends and Capital Gain Tax Worksheet.  And you will need to use this IRS worksheet on page 15. https://www.irs.gov/pub/irs-pdf/i1040tt.pdf

Hi Diane, Thanks for the quick reply. We were advised by the pension sponsor that they only want the specific dollar amount to withhold. So this is not an additional amount, but they want a dollar amount. What line would we use on the form? Thanks

 First check to see if you have a 1099 INT or 1099 DIV.  If there is a foreign tax paid amount reported in Box 6 of a 1099 INT or Box 7 in your 1099 DIV, then you may have a foreign account that you are not aware of. There are follow-up questions in those forms that you need to complete. If this isn't the issue, then perform the following steps to remove this error message so you can file your return.   To remove this from your return:    Federal or Federal Taxes if working in the desktop version Income or Wages and Salaries if working in the Desktop Version Other Tax Situations Prepare a Report on Foreign Assets Answer None of the above to Tell Us About Any Foreign Bank Accounts. Click Continue. Answer None of the above to Tell Us About Any Foreign Trusts. Click Continue. Answer No, I don’t have foreign financial assets to Foreign Financial Assets. Click Continue If this doesn't remove the entry, try this:    In Turbo Tax Online:  Tax tools Tools Delete a Form Look for Form 8938 and delete it and all of the worksheets associated with it In Turbo Tax Software  Go to the forms mode in your program Look for form 8938 and all worksheets associated with.   Delete the form and the worksheets    

Your HSA contribution should be reported in Box 12 with a "W" for the code. If you believe your Form W-2 was issued in error, you can call your employer /payroll company and request a corrected W-2. Did you make the contribution or did your employer make the contributions?   When you enter your HSA information in TurboTax will ask you for your HSA contribution amount so you can enter it there.   To get to your HSA screens in TurboTax you can:   Click on "Search" in the top right of your TurboTax screen Type "hsa" in the search box Select "Jump to hsa" Your screen will say, "Tell us about health-related accounts you had in 2024" On the screen that says "Let's enter your HSA contributions" you can indicate your excess 2023 HSA Contributions.   Your TurboTax screen will look something like this:             Click here for "What is a health savings account (HSA)?   Click here for more detailed information regarding HSA contributions.