All Posts

The 2025 Form 1040X used to amend your tax return won’t be available until the end of next week. You can check for Forms availability by reviewing the TurboTax article When will my individual tax forms be available in TurboTax?   Wait until your tax return is fully processed and you receive your refund or your balance due is deducted from your account before you prepare your amendment. For more information and instructions, review the TurboTax articles How to Correct Federal Tax Returns, How to File an Amended Tax Return with the IRS and Video: How to Amend Your Tax Return.  

Still not showing on the desktop version -- just required books/optional books options to fill in. I just updated a few minutes ago. Also, seems to be counting any amount I put in "optional books" as required books for the calculation of the AOTC (line 4 on the form "books, supplies, equipment"). If I put an amount in "required books" it shows up on Line 3 "Paid to other than the institution or not as a condition of enrollment") which seems completely backwards. 

The 2025 Form 1040X used to amend your tax return won’t be available until the end of next week. You can check for Forms availability by reviewing the TurboTax article When will my individual tax forms be available in TurboTax?   Wait until your tax return is fully processed and you receive your refund or your balance due is deducted from your account before you prepare your amendment. For more information and instructions, review the TurboTax articles How to Correct Federal Tax Returns, How to File an Amended Tax Return with the IRS and Video: How to Amend Your Tax Return.  

The 2025 Form 1040X used to amend your tax return won’t be available until the end of next week. You can check for Forms availability by reviewing the TurboTax article When will my individual tax forms be available in TurboTax?   Wait until your tax return is fully processed and you receive your refund or your balance due is deducted from your account before you prepare your amendment. For more information and instructions, review the TurboTax articles How to Correct Federal Tax Returns, How to File an Amended Tax Return with the IRS and Video: How to Amend Your Tax Return.  

I am having the same issue with imports from Schwab. I was able to download 1099R 2 weeks ago, but all my forms were not ready. Now when I try to load, it selects all the forms, but when it imports, the forms are completely blank. I am using desktop turbotax deluxe

I don't know about enabling property, but you can't claim any credit without a QMID.   The QMID is required by law.  The Inflation Reduction Act in 2022 updated the credit to require that for all products installed after Dec 31, 2024, the credit would only be allowed if the manufacturer gets "qualified" (by entering an agreement with the IRS) and assigning a unique ID number to each qualifying product.  Companies had 2 or 3 years to get on board.  If your manufacturer chose not to get on board, you have to take it up with them.    Here is a list of companies with QMIDs, but I can't guarantee it is complete or accurate. https://rebate.blue/qmid

If you erroneously started completing Form 4684 - Casualty and Thefts, you can delete the form by using the instructions below.       How to delete forms in TurboTax Online    How to delete forms in TurboTax Desktop

Follow the instructions below for taxable difficulty of care payments that you did not receive a tax form for:   Select Wages and Income from Tax Home. Under Less Common Income, select Start or Revisit next to Miscellaneous Income, 1099-A, 1099-C. Select Start or Revisit next to Other income not already reported on a Form W-2 or Form 1099. Select Nontaxable Medicaid waiver payments not reported on a W-2 or 1099 on the screen Types of wages you received.  Continue to the Certain nontaxable Medicaid waiver payments not reported on Form W-2 or 1099 screen. Enter the amount of Medicaid waiver payments received. If the 1099 shows zero, enter the actual amount received. Finish entering the rest of your income. When you get to the Earned Income Credit section in Deductions & Credits, we’ll ask if you want to add your Medicaid waiver payment to your income for this credit. You can answer based on what benefits you most. However, you may need to include difficulty-of-care or Medicaid waiver payments as income on your state return. For example, Pennsylvania requires this even though the payments aren't taxed by the federal government. Refer to the TurboTax article: How do I enter my tax-exempt Medicaid waiver payments from IHSS in TurboTax? For navigation instructions.  

Nice hidden fee! I checked my final amount before submitting to make sure there were no EXTRA fees, but I'm real TT fashion, I see there was. This should be included in my fees before I press submit so I can make an informed decision whether I want the product or not. It's ok. No "good" deed good unpunished. Thank you for letting me know though. Additionally, they cannot charge me the 75 dollars because I'm currently holding with them (for an hour) as they did not meet their end of the promise. 

It depends on the type of account.  A direct rollover of a traditional IRA at broker #1 to a traditional IRA at broker #2 does not require a 1099-R.  Rollovers from other kinds of accounts to a traditional IRA, or from a traditional IRA to some other kind of account, sometimes require a 1099-R.