All Posts

The system - much like the IRS - treats interest and dividends as the same type of income.  You will have to adjust the amount of total income that you are sending to the beneficiaries until it matches the amount that you want instead of trying to separate the dividends and interest.

It appears several of us are having problems transmitting Georgia Partnership returns.  The product availability date for Georgia continues to show 2/20/26.  Today is 2/25/26.  I've checked for updates and TurboTax tells me I'm up to date.  Current installed updates show program up date as of 2/18/26 and Georgia Partnership as of 2/12/26.   So tell me if the last Georgia update was 2/12/26 and the forms were available on 2/20/26, should the last Georgia partnership update be after 2/20/26?    Please see [number removed] I don't have a screen shot.  My federal return was transmitted and accepted several days ago.  Its Georgia on my mind.   

You report a non-deductible contribution to a traditional IRA.  Then, assuming you did the Roth conversion in 2025, you got a 1099-R from the IRA.  When you enter that 1099-R, there are some options to indicate what you did with it.  One of the choices is converted to a Roth.  Then you will need to ask some questions about your IRA balances and so on.  The backdoor Roth is not entered directly as a Roth contribution. 

I sold my rental and have a 1099-S with no dollar amount.  The second line of the for states "Certification for no information reporting on the sale or exchange of a principal residence".  So what do I put in Turbo  Tax?

What version did you buy?  Deluxe comes 2 ways, with a free state program download or without a state.  If you need to buy a state program or buy a second state program for a different state it is $40.     You get 1 free state PROGRAM download to prepare unlimited returns in that state.  Then each state efile (including the first one) is $25 or you can print and mail state for free.

You would not report your child's income reported on a Form 1099-MISC on your tax return. That would only be the case if you chose to report their income on your return as opposed to the child reporting in on their return, and the child's income was solely from interest and dividends, with other requirements.   If your child had only self-employment income under $400 or earned income under $15,750 they would not be required to file a return.    You will have to determine the amount and kind of income being reported on the Form 1099-MISC to see if your child needs to file a tax return. You can learn more in this TurboTax article.    

Yes, I agree it should be added as a separate line item. The IRS doesn't need a separate line item for amortization. As a result, TurboTax treats Amortization and Depreciation the same for reporting on form 8825. It calculates both the same and typically combines them on Form 8825, Line 14.   To see the breakdown, do not look at the expense summary screen. Instead, go to the Depreciation and Amortization Report (or the Asset Life History worksheet) in Forms Mode. This worksheet will show the specific calculation for your amortized points or organizational costs as a separate line entry before it gets reported in line 14 on form 8825. @Amiller1   

Thank you for your response. When I submit my first 2 daughters' info (they are both freshmen, not sure if that matters) nothing changes (refund monitor-wise) when I answer the first question (are you pursuing an associate, bachelor's, or graduate degree). As I proceed through the subsequent questions and info from their 1098-T, they both receive the $2500 credit.  When I start the procedure for my oldest daughter (she is a senior in college but has only received the AOTC for 3 years) and answer the first question about pursuing a bachelor's degree ("yes"), the refund monitor immediately goes down by $1526 before asking any other subsequent questions that would show her eligibility.  Trying to figure out why that would trigger that refund loss before they know anything about how much she has paid for college. There is nothing different from her situation than there is for my other 2 daughters. I am married filing jointly, and we are nowhere near the $160,000 income limit. We also don't qualify for EOC.