All Posts

Every form submitted electronically by TurboTax has been tested and approved by the IRS.  If there was an issue with the way TurboTax completes the entry for Form 8936 line 5, then the tax return would be rejected by the IRS.     If your tax return is not being rejected, then the IRS processing system understands and accepts the entry put on the form by TurboTax.  There is nothing that needs to be corrected by you.   @user17716327818 

Does that apply to all types of 1099-R's? I have both  an IRA  which only distributes once a year and Monthly Pension income. I really thought W2 withholdings were the only ones considered evenly spaced but evidently that is not true?

There is nonqualified use of your home for every day it was available for rent. This is specifically referring to rental activity which is 'nonqualified' time that must be accounted for when making sure you get the full amount allowed for the home sale exclusion. There will be a taxable amount of the gain due to the nonqualified use. This is not new tax law.  IRS Publication 523 If you enter the passive loss carryover as instructed it will be included as part of your rental activity loss for the year of sale. The full amount remaining in the year of sale is used on your Schedule E and will carry directly to the Form 1040.   @user17710097333 

When you add your US Railroad Retirement Board Form RRB 1099-R, make sure to check the box that this is a RRB 1099-R instead of a regular 1099-R when you enter the form in TurboTax.   By selecting RRB 1099-R, the correct form will be presented, which does not include a Box 7.   To get to the RRB 1099-R entry screen, follow this path:   TurboTax Online: Wages & Income>IRA, 401(k), Pension Plan Withdrawals (1099-R)>Add/Edit   TurboTax Desktop: Income>Retirement Plans and Social Security>IRA, 401(k), Pension Plan Withdrawals (1099-R)>Start/Update

This is ready. If it's still not working for you can you take the following steps:   1. If using the Desktop Software, you may need to do a manual update.  2. If using the Online version, try clearing your cache and deleting your cookies.   

Please see if that is listed on a "Step-by-Step" input screen, (or select your resident state and enter zero).    Federal Taxes Deductions & Credits Estimates and Other Taxes Paid Estimates   START or UPDATE   2024 state estimated taxes paid in 2025    START or UPDATE   If there is a state and/or amount, please clear that data.  (Click the top spot which says "Select" for state and Backspace to delete amount )  

Thank you. I had everything in correctly so it should have worked and I finally just deleted my PA taxes and then restarted them and it then populated everything right. I guess sometimes when you make a bunch of changes things get "hung up" or whatever! Thanks for your help!

@DC93 @socyrdo Most states, including Maine, have not yet conformed to provisions of the One Big Beautiful Bill.  Maine has adopted some parts of the OBBB related to business expenses and disaster losses.  Because of the non-conformity, most states are using the tax code in place in 2024, which includes the $10,000 cap on the Federal State and Local Tax Deduction.  Because of that, the limit that you are seeing in TurboTax of $10,000 for State and Local Taxes would be correct.   The state of Maine is considering possible legislation to adopt additional parts of the OBBB, however, the increased State and Local Tax deduction was not specifically mentioned.  If Maine should decide to change their tax code and adopt the OBBB increase of the State and Local Deduction of $40,000 for 2025, you can always amend your tax return to make that change.  But as of now, the amount you are seeing is correct.   The following comes from Maine Tax Alert, Vol. 35, Issue 14 from October 2025 - #2: "Major items that the 2025 Maine tax forms and instructions will reflect conformity with are qualified disaster losses, qualified farm property, Code Section 179 expensing, the business interest deduction, and certain research and experimental expenses noted below.   Major items that the 2025 Maine tax forms and instructions will reflect nonconformity with are the increased federal standard deduction, accelerated depreciation for qualified production property, and the accelerated expensing of research and experimental expenditures incurred after 2021."

@Polkadot1 "So you weren't able to conduct the second import from the same institution without still being asked to "Delete old data"? " No. It still said all old data on that account would be deleted, and it left me with just the form I had checked. My final Merrill 1099 became available this morning so it would sure be great if they fix this quickly.