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I don't believe that's right. In the case of a rental, in most cases, you will e amortizing the points over the life of the loan.  You do not add it to your basis for the purpose of reducing capital gain.  Certain settlement costs DO increase your basis-- but this is not one of them. Read Publication 527.  It will tell you to first--confirm your loan is de minimis.  How do you know? 1)  Multiply the principal in Box 2 x .0025 x 30 and compare that to the number in box 6, the points.  In most cases, Box 6 will be less--which is good. That means it's de minimis and you simply take 1/30th of the points as a deduction every month. 2)  If it's bigger, than consult Publication 527 for the contant yield method of deduction.

I fooled around trying to figure out this and finally found the ESA/QTP worksheet in Forms View and entered qualified expenses directly into the worksheet and the other taxable income amount disappeared from the 1040. ; )

@eli104    The only thing I can think of for the moment, is that in the DC tax return, you/she is taking a credit for taxes paid to another state (VA).........  but that is not allowed in this case, so that needs to be set to zero.   (I don't have DC forms, so I don't know where/what page it might show up during the DC interview)

@user17728349059    Did you get the package or email with the 16 digit License Code from Costco?  Are you on Windows or Mac?     How to install the Desktop Download program https://ttlc.intuit.com/turbotax-support/en-us/help-article/product-delivery/download-software-turbotax-com/L7u9oLEkq_US_en_US

I have checked the IRS website and it says mine taxes have been sent on March 4 to my bank account but I have checked my bank account there was nothing in there also is say if it not deposited my March 9th call my bank 

@M-MTax: "I suppose not to any of us outsiders, but it must make sense to the decision-makers and that's pretty much all that counts." Seems to me that H&R Block must have employees working on the board of directors at Intuit. Appears the decision makers aren't taking into consideration what their target audience wants. Raise prices and make your product unusable by a substantial portion of your past customers. Yeah, GREAT business model! And then tell them they can use the online version which does not allow the use of FORMS during the process.  Absolutely BRILLIANT!

I have 6 1099 NEC's that have been "processing" since 1/31/26. It is now march 6th. When I scroll over, it says they have been submitted to IRS. I called turbotax today. They said I should call IRS. How bout them apples.

Maybe you can provide more details.  Most 2021 form 1040 tax returns have past statute of limitation.  When did you file your tax return, what's the form number and what period did the tax return cover?  Did you under-report more than 25% of your income?  Did the IRS only billed you for penalties, no interest?  What type of penalty?

@ccub wrote: My 1040 is not negative.     It is a passive loss carryforward from an S corp   The carry-forward losses exceed this year's profit.  TurboTax is taking all that into account and applying the carry-forward amount to the total 2025 profit but not applying the 80/20 rule.   It sounds like you do NOT have a NOL, you have a Passive Loss Carryforward.   A Passive Loss Carryforward is NOT subject to the 80/20 rule for NOLs.   If you (a) Actively Participate in the rental activity or (b) the Passive Activity was disposed in a "fully taxable transaction), then the carryover Passive Losses might be able to be used against non-passive income (but as I said before, there is no 80/20 rule for Passive Loss Carryovers).  

This time I cleared the taxes (started over)  and then manually deleted all 1098-E and the 1099-G data. I then manually entered the 1098-E and the 1099-G data back in.   This time when got to the order steps, I am still using the free version.   Not sure what happened before.

It depends on the form. Let's clarify between the 1040 and 1041: 1040: Income while living - either your wife or her sister will file the return and claim the refund. Once refund is received, it can be deposited to the trust account.  Options are court appointed executor vs personal representative. Please see page 2 of Form 1310 for how to file based on your circumstances.   You will use the license of the deceased for actual filing. You will want to attach your court order by uploading it to file with your return. See Can I e-file a tax return for someone who is deceased? 1041: The trust has an EIN and a bank account so the refund goes directly into the trust.   The IRS has a quick  How Do I File a Deceased Person interactive assistant. It is very detailed and may give you additional information.   Reference:  Tax Topic 356 - Decedents Publication 559, Survivors, Executors, and Administrators How to file a final tax return for someone who has passed