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

While there is truth to much information being online, there is no sense in "CONSOLIDATING" that information into a single source online location. Again, you are talking about millions of people cons... See more...
While there is truth to much information being online, there is no sense in "CONSOLIDATING" that information into a single source online location. Again, you are talking about millions of people consolidating their information into the proverbial "barrel" and for expert hackers, if there are several barrels standing side by side and they want to shoot a fish in that barrel, you can be assured they will bypass those with one fish and pick a barrel that increases their odds and opportunity.   The most successful (and profitable for the criminal) usually exposes vast numbers of consumers, big time hackers don't tend to waste time on small fish.  Thanks for the response, but it was in no way helpful because it missed the larger point.   Grok suggest that there are at least two reliable alternatives which will still function locally on a windows 10 pc.   Here is the link https://x.com/i/grok/share/3c6f5b27b16e42fe9c0a52be0736ea9c  
How do I access a copy of my forms I tried to find them on here and I'm not seeing my 2022 tax forms
How do I go about changing my direct deposit to another bank 
If the fund was inherited then it is seen as having been "purchased" on the date that it was inherited and the purchase price is the value it held on that date.   If stocks inside of a fund are p... See more...
If the fund was inherited then it is seen as having been "purchased" on the date that it was inherited and the purchase price is the value it held on that date.   If stocks inside of a fund are purchased by a brokerage then they are seen as purchased on your behalf for you.  So you would enter purchased again, even if you had an "agent" do it for you.   @dsrogers999 
Click on Tax Tools on the left side of the online program screen Click on Tools Click on Delete a form   Note - There may be multiple pages of your tax return forms and schedules so click on ... See more...
Click on Tax Tools on the left side of the online program screen Click on Tools Click on Delete a form   Note - There may be multiple pages of your tax return forms and schedules so click on the page number or right arrow (>) shown at the bottom of the federal tax return forms.
No, you need to use the TurboTax Business product to prepare a partnership Form 1065. Once you complete the business return, the K-1 schedules will be generated. Here is a link to where you can obtai... See more...
No, you need to use the TurboTax Business product to prepare a partnership Form 1065. Once you complete the business return, the K-1 schedules will be generated. Here is a link to where you can obtain the Business product from Intuit. 
somehow, I have a blank 1099-R that is causing correction action and need to delete it
Yay! Thank-you so much for the detailed instructions! I followed them exactly, crossed my fingers, and my federal return was accepted! Thanks again!
You can log into ARAG (WillBuilder) from the link here >>   Will Builder ARAG - login from the top right corner.  Or you can click on Individuals and sign in from there.   @pambili      What's Wi... See more...
You can log into ARAG (WillBuilder) from the link here >>   Will Builder ARAG - login from the top right corner.  Or you can click on Individuals and sign in from there.   @pambili      What's Will Builder by ARAG® in TurboTax?
@ yyang2000  I provided the shortcut method above to go directly to the estimated tax payments entry section.   If you want to use regular navigation, here's how.  So between the 2 methods, you shou... See more...
@ yyang2000  I provided the shortcut method above to go directly to the estimated tax payments entry section.   If you want to use regular navigation, here's how.  So between the 2 methods, you should be able to use one or both of them.   When you click in the left column tab for Deductions & Credits, it may take you to a page called "Your Tax Breaks".   That shows the "Tax Breaks", i.e., deductions, that someone has already worked on this year or that TurboTax is expecting from what was entered last year.   Lower on that same screen should be a button or link for "Add more tax breaks" or "Show more tax breaks" or similar wording.   When clicked, then the screen should expand, and all the deduction topics are displayed including "Estimates and Other Taxes Paid."  Then that topic can be expanded further to get the subtopic Estimated Tax Payments.
@ yyang2000 wrote: where to enter my state estimated payment in turbotax? State estimated payments made are entered on the Federal side.  I know that's nonintuitive.   Here's a tool that shou... See more...
@ yyang2000 wrote: where to enter my state estimated payment in turbotax? State estimated payments made are entered on the Federal side.  I know that's nonintuitive.   Here's a tool that should get you directly to the estimated tax payments section.  I've also provided an alternate navigation method in a comment that follows this one.   With the return open, go to the left menu column and click on TAX TOOLS, then the subtab TOOLS. In the Tools Center choose the blue button Topic Search. In the topic search line enter the phrase estimated tax payments without quotes. Make the selection in the list (it may already be highlighted), and either double-click it or click the GO button. Next screen is Estimates and Other Income Taxes Paid. Use the subtopic Estimated Tax Payments. Choose the appropriate category and tax year you are reporting (Federal, state, local) and click START or Revisit. NOTE:  Before filing, make sure your Federal estimated tax payments correctly show on the Form 1040, Line 26, and that any state estimated tax payments (if applicable) show up on your state return.
When you entered the 1099-R into TurboTax what code was in box 7?     In addition, was this an early distribution from your Roth IRA?  If so there may have been penalties even if the amount issue... See more...
When you entered the 1099-R into TurboTax what code was in box 7?     In addition, was this an early distribution from your Roth IRA?  If so there may have been penalties even if the amount issued wasn't taxable.
The capital loss carryover is important to use for 2025, to reduce your tax. Follow the steps in the link below. How do I enter my capital loss carryover?
It lets me modify "Other State" but not the state amounts.
Return was expected to be a $xxxx.xx. with TurboTax's fees deducted ($50.00). The IRS confirmed approval of the total amount (before TurboTax fees), but TurboTax shorted me $122.78 on top of that.
Hi, This is regarding Balance sheet and form 7203. Our LLC S-Corp has incurred a loss of about 13000 K in year 2025. We are 2 shareholders with 50% share of each of us. We have made a capital cont... See more...
Hi, This is regarding Balance sheet and form 7203. Our LLC S-Corp has incurred a loss of about 13000 K in year 2025. We are 2 shareholders with 50% share of each of us. We have made a capital contribution of total 4000 K in year 2025. Last year (2024) we had a total  profit of 4000 K. In calculating how much each of us can claim this year's loss in our personal federal tax  return  Turbotax calculated like this: Stock basis: 2000 K Capital contribution : 2000K Total Stock basis: 4000K Part III Shareholder Allowable Loss and Deduction Items:   Ordinary business loss: 6500 K Allowable loss from stock basis and Capital contribution : 4000 K Each of us can claim 4000K with carry over of 2500K to claim in next year. In the balance sheet of  Liability and Equity section of 2025 Tax Return of the S-corp the balance at the beginning is 500000 K and end 504000K.   In this case what number should be in the beginning Capital contribution in the balance sheet of 2026 1120-S Return? I appreciate the response. Thank you. Nurul Islam, MD