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February 19, 2026
3:05 PM
What type of asset was it?
If a house, that would be reported under
Federal Taxes
Wages & Income
Less Common Income
Sale of Home (gain or loss) START or UPDATE
Indicate tha...
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What type of asset was it?
If a house, that would be reported under
Federal Taxes
Wages & Income
Less Common Income
Sale of Home (gain or loss) START or UPDATE
Indicate that it was inherited and report only your portion of everything, such as Fair Market Value and sales proceeds.
If it was something else, please continue the question.
February 19, 2026
3:05 PM
Can you please clarify your question?
February 19, 2026
3:04 PM
Can you please clarify what was the reason for the reject?
February 19, 2026
3:04 PM
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February 19, 2026
3:04 PM
Yes, it is terrible that we have this problem. I have used TurboTax for decades and never had such an issue previously. I will have to enter my 1099-B transactions manually. One of the reasons I use ...
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Yes, it is terrible that we have this problem. I have used TurboTax for decades and never had such an issue previously. I will have to enter my 1099-B transactions manually. One of the reasons I use software for my taxes is to avoid all the manual entries. Maybe it is time to switch to a different software package next year. On another note, TurboTax stopped installations on Windows 10 computers (mine can't be upgraded). H&R Block tax software can still be used on Windows 10, and now I am sorry I didn't use it instead (I have a new Windows 11 laptop, but haven't bought all the new software to completely replace my Windows 10 laptop).
February 19, 2026
3:03 PM
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February 19, 2026
3:02 PM
An extension is an option with disadvantages of having to file manually etc. Also, the financial year is still not in sync. Jan-dec vs apr-mar. Could one declare actual interest and dividend rec...
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An extension is an option with disadvantages of having to file manually etc. Also, the financial year is still not in sync. Jan-dec vs apr-mar. Could one declare actual interest and dividend received and take credit for actual tax paid in the year ( even though the tax paid would include tax paid for previous year but nothing wrong as one only takes credit for tax paid one time, as it is paid in cash method.
February 19, 2026
3:02 PM
Federal return status ready to mail
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February 19, 2026
3:02 PM
i made the necessary corrections on my tax return.do wait until my rejected return status says amend before going any further
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February 19, 2026
3:01 PM
Once your return is filed, TurboTax has no control over the processing or the timing of when the IRS releases your refund.
The IRS Where's My Refund site gives a date range of when you can exp...
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Once your return is filed, TurboTax has no control over the processing or the timing of when the IRS releases your refund.
The IRS Where's My Refund site gives a date range of when you can expect to receive your refund. Most refunds are deposited within the allotted timeframe.
February 19, 2026
3:01 PM
Error regarding 1095-A, how do I clear it?
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February 19, 2026
3:01 PM
follow these steps:
Go through your MD return until you reach, Here's the income that MD handles differently
Scroll down to Public Service
Locate Law Enforcement Officer Subtraction
Start/ ...
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follow these steps:
Go through your MD return until you reach, Here's the income that MD handles differently
Scroll down to Public Service
Locate Law Enforcement Officer Subtraction
Start/ Edit
Enter the taxpayer or spouse and amount
continue
you will see the subtraction listed in a blue box under Income MD handles differently
@BethCarroll55
There is an update coming to allow Room and Board to be entered in to the TurboTax program.
If a distribution was used totally for room and board expenses, you also have the option of leaving the ...
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There is an update coming to allow Room and Board to be entered in to the TurboTax program.
If a distribution was used totally for room and board expenses, you also have the option of leaving the 1099-Q out of the TurboTax program. The 1099-Q is only used for CALCULATIONS and if it was used for Room and Board, and therefore not taxable, it really isn't needed.
According to the IRS: Page 44
"Generally, distributions are tax free if they aren’t more than the beneficiary’s AQEE for the year. Don’t report tax-free distributions (including qualifying rollovers) on your tax return."
@mhekins
February 19, 2026
3:00 PM
This subject is also discussed in this post, but it is from 2020 and I don't know if TurboTax updates have made any difference in the answer given by @M-MTax who says the following: "...it doesn't ma...
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This subject is also discussed in this post, but it is from 2020 and I don't know if TurboTax updates have made any difference in the answer given by @M-MTax who says the following: "...it doesn't matter whether you allocate to land or not....the whole thing comes out in the wash anyway where your entire depreciation deductions you took or should have taken are recaptured." https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/when-selling-a-rental-property-is-allocating-proceeds-to-land-and-improvements-legal/00/1729284
You can't enter those room and board expenses (including off campus) yet. This is a known glitch in TurboTax (TT). They are working on it. It's expected to be resolved in a TurboTax update to be rel...
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You can't enter those room and board expenses (including off campus) yet. This is a known glitch in TurboTax (TT). They are working on it. It's expected to be resolved in a TurboTax update to be released by February 27th.
The 2025 education and 529 sections appear totally redesigned, from last year.
For more info, about 529 distributions, see: https://ttlc.intuit.com/community/college-education/discussion/where-do-i-enter-college-room-and-board-expenses-that-were-paid-for-by-a-529-disbursement/00/3782831
February 19, 2026
3:00 PM
Not the return itself but the turbo tax summary page
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February 19, 2026
2:59 PM
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February 19, 2026
2:59 PM
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