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I can't find where in turbo-tax to add this new deduction for new car loan interest. Plese show me where and how
If you did withdraw the excess this year or last year  (before April 15th), you will not have a penalty for excess contributions.    NOTE: you have to tell TurboTax that you are withdrawing the e... See more...
If you did withdraw the excess this year or last year  (before April 15th), you will not have a penalty for excess contributions.    NOTE: you have to tell TurboTax that you are withdrawing the excess in the HSA interview, so that it won't create form 5329 which is where the 6% penalty appears.   If you are forced to carryover some amount, then make sure that you leave space under your HSA contribution limit for the amount carried over. Otherwise, you may just create a new excess amount making it difficult to fix.   Answer the questions in TurboTax based on your actions. Example, you did withdraw the excess on time, and you used all other amounts withdrawn for appropriate medical services (cataract surgery).   The excess will be a taxable IRA distribution and you should have a 1099-R.  You are allowed one qualified HSA funding distribution (QHSAFD) in a lifetime.   TurboTax will ask if you moved the funds to an HSA.   It will then treat the amount as nontaxable income by including it on Form 1040 line 4a but excluding it from line 4b with the "HFD" notation (exception for the excess contribution).  @dlgoetz 
If there are no state taxes withheld in box 17 of the Form 1099-INT, then leave boxes 15, 16 and 17 blank (empty)   If this does not clear the error then delete the Form 1099-INT and re-enter man... See more...
If there are no state taxes withheld in box 17 of the Form 1099-INT, then leave boxes 15, 16 and 17 blank (empty)   If this does not clear the error then delete the Form 1099-INT and re-enter manually.
On a personal note, none of my friends and family members with E*Trade accounts have their 1099-Bs available to them as of today.
how did you change your browser?  I run everything on edge
Since you did not have a W-2, you shouldn't enter anything in the W-2 section. You can navigate to the Investment and Savings section of Wages & Income.   If you are not a dependent of someone el... See more...
Since you did not have a W-2, you shouldn't enter anything in the W-2 section. You can navigate to the Investment and Savings section of Wages & Income.   If you are not a dependent of someone else, you may not have to file a return if your interest was under $15,750 (check your state's minimum threshold for filing as well).  See Do I need to file a federal return this year? for more information.
Delaware return - Token #164879296-06696063.  Both issues are NOT dependent on taxpayer data.  First is Line 8 of Annualized Installment Method - Standard Deduction reflected under 65 amount of $6500... See more...
Delaware return - Token #164879296-06696063.  Both issues are NOT dependent on taxpayer data.  First is Line 8 of Annualized Installment Method - Standard Deduction reflected under 65 amount of $6500 and not over 65 amount of $11500,  Second issue is in Computing the Over/Under Payment - Line30 Delaware Withholding - Turbo tax returned quarterly amounts when DE time periods are 1/1-4/30, 5/1-6/15,6/16-9/15 and 9/16-1/15
Received a 1099-NEC from the Texas Higher Education Coordinating Board as part of the Teach for Texas Loan Repayment Assistance Program. This is a 3rd party and I am not employed by them. When I atte... See more...
Received a 1099-NEC from the Texas Higher Education Coordinating Board as part of the Teach for Texas Loan Repayment Assistance Program. This is a 3rd party and I am not employed by them. When I attempt to add the 1099-NEC, none of the options presented seem to apply. It doesn't seem like it would be considered Self employment income, Farm income, Hobby, Lawsuit settlement, Medicaid waiver payments that qualify as difficulty of care, or Income that should've been reported on a W-2.    How should I report this accurately and make sure I don't incur any additional unneeded tax consequences? 
Software program will not let me delete $50 Ohio Senior Citizen credit as I have already taken in 2018 the Lump Sum Distribution credit 
@user17693891687 @ccstephe    CALL YOUR MERRILL FAs!   Merrill Edge is missing from other tax prep software as well as from TurboTax.
Thanks deslayton.  Please keep us posted!  Amazing that they hadn't heard about the problem.  The Software never should have been released with this big of a bug.
Yes. You may still claim your daughter as your dependent because she was considered a student and was under the age of 24 at the end of 2025.   You are not required to enter Form 1099-Q, but shou... See more...
Yes. You may still claim your daughter as your dependent because she was considered a student and was under the age of 24 at the end of 2025.   You are not required to enter Form 1099-Q, but should enter Form 1098-T on your tax return to get the Lifetime Learning Credit.   No. You do not need to enter anything on your daughter's return regarding Form 1098-T, nor Form 1099-Q, since you will be claiming her as your dependent.   No. You did not miss anything. If she only received Form W-2 and interest income, then that is all you need to input into her return.  
See this TurboTax support FAQ for how to create W-2's and Form 1099's - https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-forms/create-w-2-1099-forms-employees-contractors/L0yjM6jDz_US_... See more...
See this TurboTax support FAQ for how to create W-2's and Form 1099's - https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-forms/create-w-2-1099-forms-employees-contractors/L0yjM6jDz_US_en_US
Desktop Turbo tax gets hung up and never progresses to the 8815 form to allow me to show the rollover to QTP 529 Plan?  
That works. Thank you!
I have the same question for a Virginia Return. Thanks in advance. 
Which TurboTax Software do you need to download to create 1099-NEC forms to send to the IRS? We used the online form from the IRS website to send to the contractors themselves, but need the official ... See more...
Which TurboTax Software do you need to download to create 1099-NEC forms to send to the IRS? We used the online form from the IRS website to send to the contractors themselves, but need the official forms to send to the IRS. We requested that the IRS send physical copies via mail, but have not received them yet.