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To all those who've been killing themselves trying to figure out what to do about Room and Board expenses in the context of 529 distribution / 1098T and 1099Q forms. I just spent about 2 hours on the phone talking to two different agents AND their supervisor. The answer is as stupid as it gets and as simple as it gets - you CAN enter this info under OTHER BOOKS AND MATERIALS NOT REQUIRED BY THE SCHOOL. I made the supervisor tell me where she got this info from, apparently, it's ONLY available on THEIR system, average user of turbotax has no access to it. Anyway, here's what she emailed me:   "Tax preparation software often undergoes annual redesigns that may hide specific input fields, such as room and board, unless specific triggers are met. For taxpayers attempting to offset a Form 1099-Q distribution, encountering a lack of a dedicated room and board field in the education interview is a known challenge in the 2025/2026 tax versions. Tax experts and software specialists note that the "Optional books and materials" field serves as a technically sound alternative for these entries. The primary function of entering room and board expenses when a 529 distribution is involved is to calculate the Adjusted Qualified Education Expenses (AQEE). Because the IRS primarily reviews the final taxable or non-taxable status of the distribution rather than a line-by-line category breakdown of "books" versus "housing," using this available field ensures the software correctly identifies the distribution as non-taxable."   and this: (i guess this was her attempt to justify the stupidity of the whole thing) "Room and board are not qualified expenses for the American Opportunity Tax Credit (AOTC) or the Lifetime Learning Credit (LLC). Since these credits are the primary focus of the Education section, software often omits room and board to prevent users from accidentally claiming an illegal credit."   HOPEFULLY THIS WILL ELIMINATE A LOT OF HEADACHES

This can be done manually.  Just let the program lead you through the program for all of your 1099’s.  For 1099 B’s you can either enter each individual transactions or you can choose to enter the summaries for each Box as outlined in the 1099.  Box A - short term transactions where your broker forwarded the cost basis to the IRS.  Box B without cost basis and so on down the list.  The program will fill out Schedule D,  8949 and the 8453 if a copy of the 1099 needs to be forwarded to the IRS.  It’s a pain the a$$ and this should not have happened but this method will work just fine

The really short answer is that payroll taxes (as well as withholding on IRA distributions) are totally separate from estimated tax payments. The former are considered as equally withheld throughout the year. The latter are counted per quarter. Just because I had paycheck withholding done does not mean my estimated tax payments are also considered equally withheld throughout the year!

Listed below are options you can take if you don't have your W-2:   Contact your payroll department to request a duplicate W-2.  Contact the IRS for help at 1-800-829-1040. The IRS can help you with trying to obtain your W-2, or File a Form 4852 as a substitute W-2 Form along with your tax return, but you will have to mail your tax return.   For more information, refer to the TurboTax Help article What To Do If You Haven't Received a W-2 and How do I file a substitute W-2 using Form 4852?   

Hi @pk .  This is my first time trying to fill out the Form 1116.  I have foreign dividends allocated to Various and RIC (2 1099-Div's).  I saw online that I would most likely get a larger Foreign tax credit using the Form 1116 instead of doing the simplified method of calculating foreign tax credit.  This was also the first time Turbo Tax has mentioned using simplified method of calculating foreign tax credit.  I declined it since I paid over $1k in foreign taxes.  We don't have any investment interest expenses since theses are simply from mutual funds and stocks. I initially filled everything out by going category by category.  The screenshot shown is from when I performed Smart Check and it found 3 items that needed fixing.  I figured that I don't have any deductible other interest, so I figure this section is not really needed so I put zero, but I'm guessing that I probably need to use the foreign income % provided by each broker to calculate the total foreign income (qualified and ordinary dividends) for 2025?    Row C below contains the portion of foreign dividends by country source.   On another note, we will be MFJ itemizing deductions and are not subject to AMT.  I feel like Turbotax need to build in more in app explanations for the foreign tax credit and how to fill out Form 1116.  There were unfortunately no popups on this screen for help.

Yes, the distribution code was 4. My mom passed in January 2025.  I know that the amount of the distribution was based on her age not mine.  Does that mean she had to take the distribution?  I will have to check if the RMD was because of her or done for those of us who inherited.  There are multiple family members that also received distributions.  This is so frustrating as this is the second tax program I've used to figure this out and there are so many people having problems with this issue!   Thanks.  Julie 

This is shocking and also happened to me tonight. If TT doesn't fix this, we should get our money back. This raises huge risks of errors for us, which increases audit risks. I have a few thousand in capital losses. I need those recorded to carry over to next year. The import will not work--and worse, there is literally nowhere to record them in the software. Turbotax--you MUST FIX THIS ASAP. For the first time in decades, I have a refund and want to get this done. Not wait for you to finally get your product right. 

Hello I know its not what your expecting; however you never know unless you ask. Where do you work are they hiring? I am looking for work at home job due to some chronic condition, but I want to work so I would greatly appreciate you answering and sending me a link to apply if you prefer please send to email [email address removed] with any information you could provide. I too live in Colorado and every place I try and apply its a fraud website so I would greatly appreciate any help more then you know! I would also appreciate a response or email even if its not an option please and Thank you very much!  Renee'

My return with form 5695 went thru on 2/14/26, no errors & accepted within the hour. I filed online like I do every year.  If you are eligible with the Max benefit, talk to a TT expert & get their opinion.   Good luck

If you have followed the instructions below are you are not able to start your amendment, try closing TurboTax, clearing your cache and deleting your cookies. Review the TurboTax Help article How to clear your cache and How do I delete cookies? for specific instructions for your browser. Also, reboot your computer.   To amend your 2023 and 2014 tax return using TurboTax Online follow the instructions below. Make sure you have a copy of your original federal and state tax returns.   Sign in to your TurboTax account Under Tax Home, scroll down to Your tax returns & documents and select the year that you are amending Select Amend (change) return Select Amend Using TurboTax Online Follow the prompts on the next screens and answer the questions On the Tell us which return(s) you want to amend screen select which tax returns you want to amend and select Continue Once you indicate why you want to amend your return, the refund/balance due sets to $0 Follow the prompts to amend your tax return For additional information on amending your prior year tax returns, review the following TurboTax articles: Video: How to Amend Your Tax Return,  How to File an Amended Tax Return with the IRS, and  How do I amend my federal tax return for a prior year?

Be sure that the overtime is the additional pay that you received apart from your hourly pay. So for example if your hourly wage was $20 an hour and you got  time and a half so earned $30 only the additional $10 is your overtime.