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When you use online TurboTax, every return needs its own account and user ID.  If you use the same account for two returns, the second one overwrites the first one and the first one is lost forever.  With online, you get one return per fee.   TurboTax accounts cannot be moved, or combined.   Sorry---you will need to start your son's return over in an account that is just for him.   You can use the same email for up to five accounts, but your son needs his own account and user ID.   https://ttlc.intuit.com/community/using-turbotax/help/how-do-i-start-another-return-in-turbotax-online/00/25596  

@shugu88  return of excess contribution: ---The rules are different for a contribution for this tax filing year, and a contribution for earlier years. In either case you must take out the excess contribution. You didn't say what year. Assuming you made a contribution for 2025 ...   ------- before tax filing date including extension:  positive earnings allocable to the excess are distributed and included in income on 1040 Line 4b for the year of the contribution. negative earnings are ignored; in any case, for purposes of basis, consider the original contribution amount as returned. ["Include the earnings in income for the year in which you made the contributions, not the year in which you withdraw them."] You must have a) filed by tax day, or b) requested an extension of time to file by tax day to take advantage of the Oct 15 deadline. positive earnings removed are no longer penalized 10% if you are under age 59 1/2. (eliminated in 2023) Consult your custodian to obtain the correct removal form for "excess plus earnings". --- You can't resolve the excess contribution prior to the tax return due date without the custodian's help. your action generates a 1099-R and will be a problem next year if you do it yourself.

If you had more than $10 of interest the bank or company should send you a 1099  Int for it by Jan 31 (or mid February for investment companies).   You need to report all your interest, divdends etc even if you don't get a 1099 for it and even if it is less than $10.  You can get the 2025 total interest from your December statement or log into your bank account.     You can probably import it.   How to import 1099s https://ttlc.intuit.com/turbotax-support/en-us/help-article/import-export-data-files/import-1099s/L2hPcduMb_US_en_US?uid=lcw7rbhy It's just as fast and easier to manually enter your W2 or 1099. Don't type the bank name or try to import it. At the bottom pick - Change How I enter my Form Then on the next screen pick - I'll Type it in Myself

@bobeeubanks   YES,   Each year you get to first offset the carryover loss against any gains you have each year so that can use more of it up. Then after applying the loss to the current gains if there is still a loss, you can take a max loss of 3,000 per year. On the income page The 2025 column shows the carryover to 2026 (not your current loss for 2025). Schedule D doesn't actually show the carryover amount. To find your Capital Loss Carryover amount you need to look at your return schedule D page 2. Line 16 will be your total loss and line 21 should be a max loss of 3,000. The difference between line 16 and 21 is the carryover loss for next year. Then there are 2 worksheets…. Capital Loss Carryover worksheet showing the carryover from the prior year and the current amounts. Capital Loss Carry Forward worksheet showing the amount transferring over to next year. In the Online version you have to save your return with all the worksheets as a pdf file to your computer to see the Capital Loss worksheets. You need to use Online Premium to enter a Capital Loss Carryover and investments. Or any of the Desktop programs. In the Desktop program you can switch to Forms Mode and open the worksheets.

Do you get a RMD from an IRA or 401k etc?  Yes you need to enter that.  You will get a 1099R for the RMD by Jan 31.  Wait for it.  And the retirement section won't be ready until Jan 21.     Enter a 1099R under Federal Taxes Wages & Income Then scroll way down to Retirement Plans and Social Security Then IRA, 401(k), Pension Plan Withdrawals (1099-R) – Click Start If you are adding another 1099R there might be a Add button at the bottom of the list.

Since you now have to log into an Intuit Account when you first install it, all your downloads and licenses are listed there (even if you bought it from somewhere else) so if you need to install it again or install on another computer, even on the other operating system (Windows, Mac) you can download it again. And the download will have all the updates. Sign onto your account here to download the program and to get the license code https://accounts.intuit.com/app/account-manager/productsBilling/turbotax   But they only support the last 3 years.  So you can not activate 2021 and prior.     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   What I would do is just copy the whole Turbo Tax folder that is under your Documents. That should be where the .tax files and pdf files are stored. 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 .tax2024 to transfer into 2025. You don't need to install older programs unless you need to amend or you didn't save the pdf file.

If you are on Windows you might need to update Windows OS first.  Or just closed then re-open Turbo Tax and it should automatically update or ask if you want to check for Updates.  Unless you turned that off.  Why do you need to update?  Maybe something you  are  trying to enter isn't ready yet, then updating won't help.