All Posts

On Mac, Turbo Tax Deluxe 2025 desktop version. There is no option for the tips deduction that is part of the Bi beautiful bill”.  Nor will the software allow me to Manually update schedule 1-A . All tips were included in box 1 of W2, with nothing in boxes 7 or 14 . Last paystub has the tip amount, but I have no way to enter it. 

I am not experiencing your issue. I do see one issue on line 17b -it is being fixed -regarding the address of the property. It sounded like Poppy was on to something with fixing the errors in review.   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 5695 (and any worksheets with it first), if possible, 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 5695 Save your return while closing the program. Update the program Open Enter the information again. If all else fails,   contact support.

You have a couple of options to report the sale of the property. One is in the business section of TurboTax, on the screen that says Let's gather your business info. Find the Less Common Business Situations menu and choose Sale of Business Property. That will work if you know the sale proceeds, cost basis of the property and the accumulated depreciation.   Your other option is to edit the asset entries in the business section of your return and assign a portion of the sale proceeds to each asset, thereby reporting the sale of each one of them. Typically, you can assign a sale price of $0 to all the assets but the home or building in the case of a rental property.     The result of either of these methods will be that a portion of the gain on sale of the business or rental will be reflected as ordinary income to the extent of depreciation deducted on the assets (known as depreciation recapture) and the remainder of the gain will be taxed as capital gain income.    @kdclaiborne  

South Carolina did not conform to the federal tax provisions of the One Big Beautiful Bill Act (OBBBA), so taxpayers must "add back" certain amounts from their federal return.  The $1,500 most likely is add back for the standard deduction increase for married couples on the federal return.     See SC INFORMATION LETTER #26-4 (Revised) for complete details.

If you're referring to the 5-year Tax History Report, a footnote on that form says "the tax bracket % is based on taxable income."  It's not clear what all you are seeing on that summary form.    In any case, here's how you can look to see what method(s) TurboTax is currently using to calculate your tax, which might provide some clue.      Are you using desktop TurboTax?   If so, go into Forms Mode.   Bring up the Form 1040 Worksheet (may be abbreviated as 1040 Wks.)   When the Form 1040 Worksheet is displayed, scroll down to between lines 15 and 16.   You should see a Tax Smart Worksheet, which should show you which one(s) TurboTax is using.   If you are using Online TurboTax, you can also see that at any time by going to TAX TOOLS, then TOOLS,  In the Tools window choose "View Tax Summary".   At the Tax Summary screen go to the left menu column and click on "Preview Form 1040."  That will bring up the Form 1040 Worksheet.  Scroll down to between Lines 15 and 16 to the Tax Smart Worksheet.

Hi Amy - thanks for the reply and suggestion. I did go through the entire work flow many times and did research online and on the community board before posting the question.   In my situation, it is importing every individual transaction from the 1099-Bs, so to click edit on each Transaction, then select all non-taxable is very cumbersome. Perhaps this is linked to importing issues on the 1099 Bs - I have not had this issue with other non-resident state tax returns / workflows.   Nonetheless, I appreciate the reply!

You have a couple of options to report the sale of the property. One is in the business section of TurboTax, on the screen that says Let's gather your business info. Find the Less Common Business Situations menu and choose Sale of Business Property. That will work if you know the sale proceeds, cost basis of the property and the accumulated depreciation.   Your other option is to edit the asset entries in the business section of your return and assign a portion of the sale proceeds to each asset, thereby reporting the sale of each one of them. Typically, you can assign a sale price of $0 to all the assets but the home or building in the case of a rental property.     The result of either of these methods will be that a portion of the gain on sale of the business or rental will be reflected as ordinary income to the extent of depreciation deducted on the assets (known as depreciation recapture) and the remainder of the gain will be taxed as capital gain income.   

When entering the rental period use the number of days before you sold it (January 1-Sale Date), then use zero for personal use days. The next steps are important so be sure to follow them carefully. It's very important to answer Yes, you rented the property all year. TurboTax will know what to do once the sales date is entered.   You need to dispose of the property by telling TurboTax how and when it was disposed of.  Follow the instructions below. Click on Search (upper right) > type schedule e > Enter > click Jump to .... link Answer the questions and on under Rent and Royalty Summary, click Edit Click Update to the right of Assets/Depreciation. Do you want to go directly to your asset summary?, click Yes and Continue Click Edit to the right of each asset to be disposed of Go through several screens until you get to Tell Us More About This Rental Asset Click on This item was sold…….   And continue to answer the questions - You will be asked for the sale date. You might also review information here for more details.    @jcmountain2  @smjaskilka 

That's okay @dmertz .  Thanks for attempting to respond anyway, appreciate it.   I didn't mean to sound dismissive when I wrote that only people who are sure of the right answer should respond.  It's just that this is a very specific technical question that likely has either a yes or a no answer and it will take someone with very strong knowledge of the topic to answer.   Reason I ask is that I think TurboTax may be doing it incorrectly but admit I am not sure of the answer myself.  So I need confirmation from someone who knows about this specific point.   I don't want to give my view (which is only a guess at the answer) because I don't want to influence the answer given by others.   If TT is doing it incorrectly I have not found any way to override it yet so it could be a problem for me if I have to file it as is.

I'm having the same issue with the maryland 504 form.  I contacted support last night and got no resolution.  however i logged on to my online account and see that the maryland download doesn't have a download button however the virginia download the turbotax business orders do.  i'm going to contact them again for an explanaition.

@PS56k   I thought you couldn’t use the Desktop program this year for 2025?    Yes you can Transfer a prior year Desktop return into Desktop or Online.   And the other way around, a 2024 Online return into Online or into the Desktop program.   You can not move a current year 2025 Desktop return into the Online version.   Current year is one way only.  You can move a current year Online return into the same year Desktop program and continue.   Same for prior years.  Like If you didn’t finish a 2023 or 2024 Online return you can download the data file ending in .tax2024 and open it in the 2024 Desktop program to finish   You know about the Desktop program.   Here’s more info on Online. The Online web version is only good for one account and one return. You can log in and access your return from any computer. You can only see the forms after you pay and download the pdf. And you might need to upgrade to a higher version to enter different kinds of income. There are 3 Online versions, Free Edition, Deluxe and Premium.   Premium combines the Premier and Home & Business versions.   And you can add LIVE service or Full Service for expert help. In Online the fees are to prepare the federal and state returns (State is a separate charge) whether you efile or print and mail. Efiling is free and included.   You can see Online Deluxe here, TurboTax® Deluxe Online 2024-2025 | Maximize Tax Deductions   You can seeOnline Premium here TurboTax® Premium Online 2024-2025 | Self-Employed & Investor Tax Software   Also for Online.   Your return is only saved online so be sure to save both the .tax2025 data file and the pdf file to your computer when you are done.  In case you need to amend in the future or if you need a copy to get a loan or something.  You might not be able to access your online return when you need a copy.   Think that covers most of the differences between Online and Desktop.      .   

These payments would be payments made for filing an extension of the tax return or 2025 estimated tax payments made. You may not have either of these. If you don't it's ok to leave it blank.   These are the lines in question and the descriptions from the Instructions.   Line 20 of Form 8379 In column (a), include any payments shown on your joint return. These payments will be reported on Form 1040 or 1040-SR, line 26, and Schedule 3 (Form 1040), line 10.   Line 10 of Schedule 3    Line 10 Amount paid with request for extension to file (see instructions) Description If you got an automatic extension of time to file Form 1040, 1040-SR, or 1040-NR by filing Form 4868 or by making a payment, enter the amount of the payment or any amount you paid with Form 4868. If you paid a fee when making your payment, don’t include on line 10 the fee you were charged. Also, include any amounts paid with Form 2350.   Form 1040  Line 26 2025 estimated tax payments and amount applied from 2024 return Description Enter any estimated federal income tax payments you made for 2025. Include any overpayment that you applied to your 2025 estimated tax from your 2024 return or an amended return.    Click here for Instructions to Form 8379. Click here for Schedule 3. Click here for Form 1040. Click here for instructions to Form 1040 (includes instructions for Schedule 3). If you have additional information or questions regarding this, please return to Community and we would be glad to help.  

Without knowing most specifics, there are several reasons why the tax on your return does not agree with the tax from a tax table. It is possible that you have other taxes on your return besides income taxes, such as penalty taxes for a host of things. Also, you may have income that has special taxes or rates imposed as can happen with investment income. It is also possible that your tax is being calculated using tax rate schedules as opposed to tax tables.    After you pay for your return you can see the Tax Worksheet in TurboTax that will show you the worksheet used to calculate your tax if it was not done so by use of the tax table.