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You can go into the self employment activity from last year and delete it after your gather all the information needed for the car.  Also, make the necessary entries for the car.    The car is a tax item until it is sold or junked.  A trade still constitutes a sale.  If you sold or traded the vehicle the steps below will show you how to report the business portion of the sale and how to remove it from any further tax years.   It may be best if you follow the instructions below to enter your car sale. The way to report the sale (trade is not really recognized by the IRS any longer for equipment or vehicles) is as follows. Due to the various miles and business use percentage it provides a flow to handle each aspect correctly.  Then list your new vehicle as a new asset.  You have all the records so it should provide you the details to move forward. All business miles for all years and then total miles for all years - divide business miles by total miles to arrive at your overall business use percentage for the life of the vehicle. You will use this percentage times the selling price (or trade-in value) to arrive at the business selling price. Use the same percentage to arrive at your business portion of the cost before depreciation.  You used the standard mileage rate and a portion of that rate represents depreciation. See the details below to arrive at the depreciation portion for the business miles only. When you go through the vehicle information in your rental be sure to select 'Sold, disposed of, etc....' then do not indicate it was sold.  You must say 'Yes' it was converted to personal use.  This will eliminate any sales information in the vehicle it self. Once you have completed the information in that section you will follow the steps below to enter your sale: Go to Less Common Business Situations Scroll to Sale of  Business Property On the next screen select Any Other Property Sale Use the information from step one and the depreciation from step 2 to complete your sale If the personal portion of your vehicle is a loss there is nothing to report for that portion of the sale/trade.  Next enter your Sale of Business Property (do not enter any sales information in the vehicle asset) Income at the top Scroll down to Other Business Situations Select Sale of Business Property Select Sales of business or rental property that you haven't already reported. Answer 'Yes' to Do all of the following apply...? Enter your sales information, do not make an entry for depreciation (no zeros)  Description of the Property (Vehicle made/model/year) Sales Price/Sales Expenses  Date acquired and date sold Cost Depreciation Annual Depreciation Component Breakdown (for more years see the chart in IRS Pub 463) 2025: $.33 2024: $.30 2023: $.28 2022: $.26 2021: $.26 @ray-242 

I didn't realize it would take that long.  I had 4 of those silly tables. Not only that, but the scroll bar does not appear until you try to enter "N" into one of the boxes.  So I completely missed that there were many many many more below.   thank you so much   Hope you had a good refund !

desktop Premium will not import from Charles Schwab.    After an hour on hold Turbo rep said they know it's a problem and I should manually enter the data.   No thanks.  I'LL never buy their product again.

Mike9241 - Bingo on both counts. You are correct. Yes I was referring to my traditional Fidelity IRA, and yes my contribution does exceeded my 2025 wages by exactly $1, 066 Great work and thank you very much! Steve V.

Les formulaires verrouillés sont en attente de finalisation et de validation par l'ARC et RQ. L'ordre dans lequel le processu est fait est hors de notre contrôle.    Même pour les déclarations simples, il semble que l'annexe 3, le TP-726.7 et l'annexe L s'ouvrent ou génère des montants. Revérifiez ces trois formulaires.  Quelques personnes ont réussi à transmettre au Qc suite à cette révision. Sauvegardez votre déclaration, fermez et ouvrez de nouveau.    Merci de choisir TurboImpôt    

Your email within your Intuit account may be changed by selecting Tax Home in the upper left hand corner of the screen.     Then select the down arrow to the right of My account towards the bottom of the screen.     Then select Change user ID, e-mail, or password.   Or, are you referring to an email address within a state income tax form?  Which state?  Please clarify.

Thank you DoninGA, your answer nailed it. The Bot in the software was useless no matter how I changed the question, always starting with go to tools or folder, very frustrating. Your help was much appreciated. 

Taking a payout and transferring it to your US bank account, will be considered a taxable event and will be reportable as income in the year that you make the transfer.  If you pay any taxes in Australia for the distribution, these taxes can be claimed for a foreign tax credit on your US return.   Since you have been living in the US for a few years now, hopefully you have been keeping up with the annual reporting requirements of foreign accounts that DawnC mentioned to you in the previous post.

No, the form needs to be correct. I just created a whole new return and added the 1099-R and went through every one of the questions asking about IRA's. You input the basis on one screen. Another screen asks for the value at the end of the year, I used zero for that claiming I had rolled it all over. I am having no issue. Here is what I did: Enter the 1099-R Check I converted it to Roth Did you convert all? I said yes Done Disaster, no Nondeductible contributions, yes, enter basis on Dec 31, 2024 I entered $xxx Value on Dec 31, 2025 - I entered zero, as if I had emptied the account Form is perfect. I can't see what you are doing but customer support can. You may want to give it one more go and then  contact support.   I wonder if you could have a piece of data stuck. A full or corrupted cache can cause problems in TurboTax, sometimes you need to clear your cache (that is, remove these temporary files). Online version: Delete the form  8606 and 1099-R, see How to Delete   Log out of your return and try one or more of the following: Don't use Internet Explorer. Clear cache and cookies, Sign in using a different browser. Sign in using a different device. Log back into your return. Enter the information again.  Desktop version:  Delete the form 8606 and 1099-R Save your return while closing the program. Update the program Open Enter the information again.  

When your work duties commence it appears you will be working in New York, so that may take precedent over your current job situation. It would be different if you were currently working remotely. But since the income is an advance on work you will be doing as a New York resident, it is likely New York income.   The normal primary considerations are if you have an office in New York that you work out of at least occasionally and does your employer require you to work from home? If the answer to both of these questions is "no" then you would have a case for your income not being taxable in New York. But that would likely only apply if you were actually working.    

You need to restart your computer.  But before you do you need to clear your cache and cookies.  The system thinks that there is an instance of TurboTax still running so it is killing the new instances instead of letting them load.   Here's how to clear your cache.     Here's how to delete your cookies.