turbotax icon
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

All Posts

I use desktop so hope this works. More hoops than a circus to jump through open the state tab and see if there's a link for estimated tax payments - if so, click on it. If not you'll need support... See more...
I use desktop so hope this works. More hoops than a circus to jump through open the state tab and see if there's a link for estimated tax payments - if so, click on it. If not you'll need support on next page select estimated tax payments for next year yes you want to pay estimated taxes yes you'll be an illinois resident leave amounts and exemptions blank unless you really want TurboTax to generate estimates for 2026 continue until you reach the payment option page Select any except "no estimates" and continue the next page should say "apply overpayment"  i would select "apply a specific amount" continue  enter the amount, and you're done  
Took a dist from traditional IRA, and entered the 1099R on TT. Later re-evaluated and made a smaller (deductible) contribution. I was iterating through TT trying different contribution amounts to get... See more...
Took a dist from traditional IRA, and entered the 1099R on TT. Later re-evaluated and made a smaller (deductible) contribution. I was iterating through TT trying different contribution amounts to get the best tax benefit. The tax improvement was incredible. Finished up and got ready to file. As I was reading over the complete return, I noticed that TT gave me a nice Retirement Savings Contribution Credit.   But IRS says Reducing eligible contributions. Reduce your eligible contributions (but not below zero) by the total distributions you received during the testing period (defined later) from any IRA, plan, or annuity included above Dug up the form 8880 on TT where they calculated my great RSCC, and noticed that TT shows ZERO for traditional RIA distributions, even though, as stated earlier, I entered the 1099R and the large distribution shows as income on 1040.  TT should be smart enough to populate form 8880 when we enter a 1099R. It shouldn't be up to me to just happen to notice that this form is filled out wrongly.   Check it out, show the programmers, get it fixed.
My basic question is 1099-S as a general category seems incorrect vs 1099-B for stocks.  Seems it is for property and 1099-B is for stocks.    There are few post I found that support my thinking, ... See more...
My basic question is 1099-S as a general category seems incorrect vs 1099-B for stocks.  Seems it is for property and 1099-B is for stocks.    There are few post I found that support my thinking, really confused how to make sense of this, please advise   https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/how-do-i-write-off-worthless-stock-if-i-don-t-have-any-forms-e-g-1099/00/3563035   https://ttlc.intuit.com/community/taxes/discussion/how-do-i-record-stock-loss-due-to-bankruptcy-of-a-company-so-with-a-value-which-is-now-worthless/00/513140#:~:text=This%20is%20not%20professional%20financial%20advice.%20Consulting,Enter%20December%2031%20as%20the%20date%20sold
Thank you Steam Train. The reboot did not fully resolve my issue, but the Manual update link you provided carried me through to the finish. I appreciate your help very much. Major5686
I use the android online app of turbotax. Koinly updated the turbotax gain/loss into a zip file. Redownlpad the zip file and extract all pdfs from the zip.  Go to turbotax add investments section o... See more...
I use the android online app of turbotax. Koinly updated the turbotax gain/loss into a zip file. Redownlpad the zip file and extract all pdfs from the zip.  Go to turbotax add investments section or the add document section on home screen and upload each pdf file from the zip individually.  If it asks you to edit, just go into each individual one and in the editing it just asks you if you purchased it orhow you acquired, whichever crypto you have.   Best of luck.
I received an email from TurboTax saying my state return was rejected and that I needed to log in and click the "fix my return" button, but when I logged in there is no button with that label.  It sh... See more...
I received an email from TurboTax saying my state return was rejected and that I needed to log in and click the "fix my return" button, but when I logged in there is no button with that label.  It shows my federal return was accepted and that I received my refund (which I did), but it shows the state return as accepted even though the email says it was rejected.  I have not received my state refund, so I assume the email is correct, but the TurboTax website indicates differently.  What do I do?   Edit:  Never mind.  Just received an email saying the state rejection email was "sent in error".  Let's hope that's true.  I still haven't received my state refund.
its not your tax return. it's the agreement for using Turbotax. Read it. 
Your spouse has a family plan and thus can make the maximum family contribution to her HSA.  For her, select family coverage for every month. Unless the last month rule was used in 2024, do not answe... See more...
Your spouse has a family plan and thus can make the maximum family contribution to her HSA.  For her, select family coverage for every month. Unless the last month rule was used in 2024, do not answer the questions about 2024 coverage. You apparently do not have an HSA so there is no form for you to fill out.         
My turbotax professional messed up on my taxes and did not add the local Philadelphia taxes as "Credits to other jurisdictions" on my NJ tax return. I work in Philadelphia and live NJ. I called NJ IR... See more...
My turbotax professional messed up on my taxes and did not add the local Philadelphia taxes as "Credits to other jurisdictions" on my NJ tax return. I work in Philadelphia and live NJ. I called NJ IRS and they confirmed this error. Turbotax live experts have been giving me a hard time with trying to amend.
FYI I received an update today and was able to print the estimate vouchers, so I am all set now. 
Thank you, I did get the update and the forms printed correctly today.  I complete the return for an elderly lady who still likes to write checks and send in the form.  
I just checked the fund price, 2/7/24 Closing @ $26.81 and Sold price 2/14/24 @ $26.69 and total shares sold = 37.43 shares   ==> 37.43 * (26.69-26.81) = -4.49$ . . . so it is a loss !!  
I am getting the same problem. What a piece of garbage this software is. I will NEVER use TT again. Manual update does nothing, and I am certainly not going to enter my information again. I will get ... See more...
I am getting the same problem. What a piece of garbage this software is. I will NEVER use TT again. Manual update does nothing, and I am certainly not going to enter my information again. I will get a refund and use something else next year. Bye bye TT.
@AmyC  Thank you so much! Two more questions: if I click the medical waiver option, do I need a special tax form or approval to do so? And does it matter that my brother does not have a physical, men... See more...
@AmyC  Thank you so much! Two more questions: if I click the medical waiver option, do I need a special tax form or approval to do so? And does it matter that my brother does not have a physical, mental, or emotional handicap for this option to apply?
On the NJ tax return, TurboTax does NOT allow an IRA withdrawal to be split between a taxable partial Roth conversion and an taxable IRA withdrawal.  The Federal return handles this properly but the ... See more...
On the NJ tax return, TurboTax does NOT allow an IRA withdrawal to be split between a taxable partial Roth conversion and an taxable IRA withdrawal.  The Federal return handles this properly but the NJ return forces ALL IRA taxable withdrawals to be 100% Roth.    I pointed this out 4 weeks ago and the Pensions, Annuities and IRA Withdrawals worksheets are still wrong.
if you lived apart from your spouse for the last 6 months of 2025 and you paid more than 1/2 the cost of keeping up a home for yourself and a qualifying child who lived with you for more than 1/2 the... See more...
if you lived apart from your spouse for the last 6 months of 2025 and you paid more than 1/2 the cost of keeping up a home for yourself and a qualifying child who lived with you for more than 1/2 the year, you can file as head of household. Otherwise, you can either file a joint return if you and your spouse agree or file married filing separately.  a qualifying child is your child, stepchild, or foster child who can be claimed as a dependent (ignoring any  of the exemption by the custodial parent - the parent with whom the child lived the greater portion of the year)
TurboTax approved me for an early refund, and the money has already been deposited into my account. However, the IRS app is now showing a message that part of my refund may be held for state or feder... See more...
TurboTax approved me for an early refund, and the money has already been deposited into my account. However, the IRS app is now showing a message that part of my refund may be held for state or federal back taxes. My question is: if that happens, will I have to pay TurboTax back the difference? Also, does the early refund come from TurboTax, or does it come from the IRS?
@ Fogdog wrote: But when will it be available? That’s the question.  The only thing anyone can go by is what is showing in the table below, which is that the Form 1040X is supposed to become ... See more...
@ Fogdog wrote: But when will it be available? That’s the question.  The only thing anyone can go by is what is showing in the table below, which is that the Form 1040X is supposed to become available March 4.   But the update usually occurs overnight Wednesday into the wee hours of Thursday AM, so it may actually be March 5.   Rarely, a form can be released earlier than shown in the table.    No one can know for sure--only an expected date.  It's been moved back a couple of times already.   TurboTax Form Availability Tool   In the meantime, do not make any changes in your original return. Also, if you are due a Federal refund, it's recommended to wait on the refund to arrive before amending. Or if you owed taxes due, to wait until the return processes.