All Posts

1) Enter the 1095-A information into Turbotax (I'm using Online premium) exactly as on the 1095-A I received. Do this on both our and my sons tax return? Yes.  You will enter it exactly as received on BOTH your return and your sons return.     2) On our return state the policy was shared and put in my sons SS#  and the dates we shared it (Jan - Aug). Pick a sharing percentage (the same for all three amounts) , lets say as an example 75%. When asked 'Do you have at least one dependent on your taxes who is filing a separate return?" answer Yes, CORRECT  and when asked 'What is your child's modified adjusted gross income?' input his income (~$40k). Based on this Turbotax does the math and calculates the excess/under credit NO.  Do not enter your non dependent sons income.  You ONLY enter the income of those who are in your tax family or could be.  Since he cannot be, you do not enter his income.    3) Do exactly the same on my sons tax return except using 25%?   and he answer no when asked 'Do you have at least one dependent on your taxes who is filing a separate return" ?  Correct.   4) Regarding the sharing percentages. I can't find any hard and fast rules on how to calculate this. SOme suggest any combination is OK as long as they total to 100% Seems like 75/25 would be logical in this situation but is that right/OK? Assuming what I've discussed above is correct, I played around with some what-if scenarios with different percentages and for example with a us/son split of 0/100  out total combined refund between  is a crazy high number which seems implausible. 50/50 or 75/25 (which seem more reasonable) seem to yield the best overall numbers which seem plausible.  So is there guidance on what % are reasonable and acceptable.  Whatever amount you agree on is acceptable as long as it adds up to 100%.  So it can be 75/25 or 100/0.  It is entirely up to what you and your son agree on.  A lot of times since the credit was based on the parents income, the parent will claim 100% and the child will claim 0%.   

No. You don't need to file an amended return to change the order of the spouses on a joint return.   The order of the names of spouses on a tax return does affect taxes on the return. However, it is highly recommended to keep the same order of the spouses year after year, as changing it may significantly delay the processing of your return.

Changing the order of the names on an amended tax return will not accomplish anything.  You should use the same order of names on all your tax returns so as to not confuse the IRS computers.   What does your status show on the IRS website - https://www.irs.gov/refunds   Call the IRS: 1-800-829-1040 hours 7 AM - 7 PM local time Monday-Friday

You can change the phone number in the tax return.   On the left sidebar. Scroll down and select Intuit Account Six boxes will appear Click Sign in & security Your account information, including Phone number and Email are available to be updated. If the email address is no longer active and you are unable to log in, you can complete the Account Recovery Request Submission Form.  

Did you e-file your state tax return and was it accepted? Only the IRS and your State control when and if a Federal or State tax refund is Approved and Issued.   You complete your tax return by finishing all 3 Steps in the File section. In Step 3, to e-file your tax return, you must click on the large button labeled "Transmit my returns now".   After completing the File section and e-filing your tax return you will receive two emails from TurboTax. The first email when your tax return was transmitted and the second email when the tax return has either been accepted or rejected.   Note - Once a tax return has been Accepted by the IRS or a State, TurboTax receives no further information concerning the tax return or the status of any tax refund.  Only the taxpayer listed on the tax return can obtain the status of a tax refund or a tax return.   To check the status of an e-filed return, open up your desktop product or log into your TurboTax Online Account. You can find your status within the TurboTax product. If accepted by the state use this TurboTax support FAQ to check the state tax refund status - https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-refund/track-state-refund/L3jgO8PGs_...

@heyengel See this for how to see your TurboTax account fees - https://ttlc.intuit.com/turbotax-support/en-us/help-article/intuit-account-billing/review-fees-turbotax-online/L1XnIzgzg_US_en_US   What does it say?

Yes, we can have an expert help with your taxes, but you said "resubmit".  Have you already filed your taxes?   You can contact TurboTax Full Service and discuss your options.   Be sure to state if you've already filed a 2025 tax return.    

Once a tax return has been Accepted by the IRS or a State, TurboTax receives no further information concerning the tax return or the status of any tax refund   If accepted by the state use this TurboTax support FAQ to check the state tax refund status - https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-refund/track-state-refund/L3jgO8PGs_...

This charitable contribution is a Qualified Charitable Contribution (QCD)   While entering your form 1099-R, if you have entered a birth date which makes you older than 70 1/2 in the tax year, TurboTax will ask you if any portion of your distribution was transferred to charity. Answer Yes to that question and you can then enter the amount transferred to charity.   The code in box 7 of form 1099-R must be 7 and the box IRA/SEP/SIMPLE must be checked.   TurboTax will then reduce the taxable amount by the amount transferred to charity.

Thank you!  This was so frustrating, and the TT desktop software was useless.  Why it doesn't do the calculation (all the data is there!) for you and at least suggest checking one or the other based on which one is advantageous is beyond me!  It's buried deep in the worksheet labyrinth and the software simply takes last year's selection and copies it over, didn't even bring it up in the interview in step by step.  Just assumed my tax situation is unchanged year to year.  Thank you again for saving me the $60 to have a TT 'expert' uncover the archaic  programming oversight in their software.

TurboTax needs to know the value of all your IRA accounts at year end when you take a distribution or convert part of your IRA to a Roth IRA. This is in order to calculate the basis of the distributed or converted part by applying the pro rata rule.   When your Traditional IRA has basis (from the nondeductible contributions) as reported on form 8606, you have to apply a prorated amount of basis to the distributed or converted amount.   Please read this IRS document for more information.