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@1atiwary  NJ Contributions must be made using post-taxed dollars,  only the income grows tax free unless  you are eligible for the Savers Credit would the contribution be tax free.   There is a bill in NJ for  NJ A3628  that has NOT passed that would allow taxpayers with an annual gross income of $150,000 or less who open a new ABLE account will receive a one-time dollar-for-dollar matching grant of up to $750 on their initial deposit, though these incentives are contingent on state funding and the Department of Human Services may adjust allocation if appropriations are insufficient.    Eligibility for Saver’s Credit: • Also known as the Retirement Savings Contributions Credit • Allows a tax credit to low and moderate income taxpayers who make contributions to retirement accounts • Saver’s Credit can be taken for your contributions to an ABLE account if you’re the designated beneficiary and you meet the following: 1. Age 18 or older; 2. Not a full-time student; and 3. Not claimed as a dependent on another person’s return • Amount of credit is a certain percentage of your contribution depending on your gross annual income; Maximum of $2,000/year Who’s eligible? To be eligible, individuals must meet two requirements: 1) Your disability was present before the age 26; and 2) One of the following is true: ➢ You are eligible for SSI or SSDI because of a disability ➢ You experience blindness as determined by the Social Security Act; OR ➢ You have a similarly severe disability with a written diagnosis from a licensed physician that can be produced if requested.

When you are entering your information in the long-term care section be sure you answer 'No' on the page titled 'Qualified Payments'. This will by pass any need for Section C of Form 8853. Continue to the screen 'LTC Costs' and complete that section.   Sign into your TurboTax return (TurboTax Desktop or TurboTax Online) Search > type long-term care (must use dash) > Click the Jump to .... link Continue through the medical expenses > Enter your long term care expenses > Continue >  On the 'How much did you spend on insurance premiums?' enter the amount of long term care insurance payments or in TurboTax Online- 'Tell us about anything paid for long-term care services' Continue to 'Tell us about any medical reimbursements' enter the reimbursements from your 1099-LTC forms @Oscar Zilch 

Forms SSA-1099, SSA-1099-SM, and SSA-1099-R-OP1 report retirement, disability, and survivor benefits from the Social Security Administration (SSA).   All SSA-1099 forms get entered in the same place.   In TurboTax Online, follow these steps to report the income:    Down the left side of the screen, click on Federal. Down the left side of the screen, click on Wages & Income. Scroll down to Retirement plans and Social Security, click the down arrow to the right. Click on Start/Revisit to the right of Social Security (SSA-1099). See also this TurboTax Help.

The last step can sometimes fail if your email address is missing or not formatted correctly. To fix this, go back to the "My Info" section (personal information) to ensure your email address is listed correctly.    For more information and instructions, see the link below: How to update my TurboTax Info   If the issue persists, reach out to TurboTax support for further assistance: TurboTax Customer Service  

what if your taxes are on a different computer. my old laptop was a windows 10 so i had to get another laptop with windows 11. i dont know how to get my 2024 taxes tranfered to my ol laptop. can you help

Your IRS form 1099-R reported values in box 1 and box 2a.   Was box 7 distribution code code 7 or something else?  Please clarify.   Was Taxable amount not determined checked?   Did you see the screen We found a few other questions about your situation?    

If you're using the Online version, allow up to 30 minutes. It may be working in the background. If it doesn't complete the PDF, log out, and then back in again. Switch to Google Chrome, which often handles TurboTax's Print Center better. Clear Cache/Cookies: Clear your browser's cache and cookies, then log back in. Use Tax Tools:  Go to Tax Tools  Print Center  Print, save  or preview this year's return.  

As @DaveF1006 mentioned, unless you have contributions to one of you IRAs that were non-deductible in the year you made them, the value of all your traditional IRAs on 12/31/25 is not needed - please follow the steps that he recommends to take care of this issue.   If you did make non-deductible contributions to one of your IRAs, then the year end values will be needed in order to calculate the amount of the Roth conversion that is taxable.  Because of tax laws that allow contributions to an IRA up until the filing deadline, the Form 5498 that reports the value of each IRA on 12/31/25 is not typically available until May.  However, you can contact the custodian(s) of your IRA(s) and ask them for the year end values for 2025 in order to get the correct taxable amount of your Roth IRA conversion.

In TurboTax Online, to enter mortgage points for your new rental property purchased in 2025, follow these steps: 1. Go to the Wages & Income section. 2. Scroll down to Rental Properties and Royalties and select Edit beside your rental property. 3. Find the section for Expenses/Assets (Depreciation) and click Edit or Add expense or asset if needed. 4. Within the rental property asset details, look for the option to enter loan closing costs, including mortgage points. 5. Mortgage points are generally amortized over the life of the loan for rental properties, so enter the total amount you paid, and TurboTax will guide you through amortizing it. If the exact prompts don’t appear as described, use the search bar in TurboTax to search for “mortgage points” or “loan costs” within the rental property section.

I agree, I don't work for TT though, just trying to help with best solutions I know.  vpn's and anti-virus off (check history of your pc protection, as seems a number are blocking TT hence why I said turn it off first,  even Windows Defender needs to allow TT products through including print and save it seems, these are issues with the antivirus, not TT).  Do this and uninstall and reinstall has worked for most.   You can also contact TT support.

Of course you don't have to start over.  What difference does it make if TurboTax says you didn't file 2024.  If the IRS says you filed, that's all that matters. TTax is a tool you bought; just a computer program creates a spreadsheet called a tax return.  It's not the IRS, nor is it a person.  Just finish up and file your taxes.  

In TurboTax Online, to enter the Michigan Flow-Through Entity (FTE) tax for 2025, you need to access the Michigan State Taxes section. 1. Go to the State Taxes section. 2. Select Michigan from your list of state returns. 3. Look for the part related to Michigan business or pass-through entity taxes. 4. Enter the Flow-Through Entity tax payment amount as indicated on your tax documents. This feature is usually included in the state tax section for businesses or pass-through entities. If you cannot find a specific place, it might require TurboTax Business for complete business tax reporting.

Thanks.  My "needs review" isn't yellow and doesn't allow me to click/edit ... and no dropdown arrow to expand/edit.   Truly an inconvenience...but appreciate you providing encouragement to stay the route with the desktop version i already bought.  I'd actually stepped up my purchase of a new PC, too, since my old one didn't have the necessary Windows version for TT this year.

Yes, you can ignore the penalty amount.  Penalty amounts for the underpayment of estimated tax are calculated by IRS whether or not there is an amount included on the tax return for the penalty.  You won't have to pay the additional penalty.  You can also go to Forms view and select Form 2210 and input the amount you paid the paid the tax due on the original return on line D at the top of page 1 of the form.