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Futures contracts are Section 1256 contracts for the IRS.   For tax purposes, every Section 1256 gain or loss is treated as being 60% long term and 40% short term, no matter how long you own it.   Please read this TurboTax article on how to report income on Section 1256 contracts.   You'll need to complete form 6781.   To do this in TurboTax Online, please follow these steps:   Click on the magnifying glass icon on the top right of your screen In the search box, type form 6781 In the search result page, click on Jump to form 6781 TurboTax will take you through a questionnaire where you can enter your information TurboTax will then automatically split your gains between long-term and short-term to report them on your tax return.

Bonjour @Maryanka  Prenez note des instructions au dos du feuillet que vous avez reçu.  Il y est stipulé que "Ce feuillet est envoyé par les ministères, les organismes fédéraux ou les sociétés d'État à un particulier, une société de personnes, une petite entreprise ou une société qui fournit des produits ou des services dans le cadre d'un contrat." Par conséquent, ce revenu que vous avez reçu doit être déclaré.  L'avez-vous déjà considéré vos ventes ou vos honoraires à titre de travailleur autonome (ou de votre société de personnes)?  Si oui, vous n'avez rien à faire de plus. Si non, ou si vous n'êtes pas travailleur autonome, vous devrez produire un ajustement (au fédéral et au Québec) pour déclarer ces sommes. Quel version du produit utilisez-vous? La version téléchargée ou la version en ligne? Pour la version téléchargée, suivez les instructions concernant le service ReTransmettre Pour la version en ligne, consultez les liens ci-dessous ARC: https://www.canada.ca/fr/services/impots/impot-sur-le-revenu/impot-sur-le-revenu-des-particuliers/apres-declaration-revenus/changer-declaration.html Revenu Québec: https://www.revenuquebec.ca/fr/services-en-ligne/formulaires-et-publications/details-courant/tp-1-r/ Si cette réponse répond bien à votre question, merci de l'identifier comme solution confirmée!   Bonne journée!  

Agree this error seems to be in the Forms method - I went through the Q&A and it seemed to clean it up.....but the issue i see is definitely what I would consider a "Bug" in the software - now that they have changed where you answer the basic questions (full time, felony conviction, leads to a degree) etc....   This issue should be cleaned up by Intuit....They continue to struggle with their education crediting for some reason..

Thanks to all with a reply.   I believe my 1041 return was corrupted after I transferred the 2024 return  to the 2025 return.   I decided to create a new 1041 from scratch and although it took 40 minutes (I already had all the data neatly organized)  my tax liability went from owing $2396 to getting a $993 refund. My new tax rate is 17.3%.   The Turbo Business version is very poor compared to the standard 1040 versions IMHO.  I can't import from Schwab, etc.   I will ALWAYS manually create my 1041's in the future.

How old are you (an awful question, I know)? You will not see the screen about the Charitable Donation in the 1099-R interview, if you are not at least 70 1/2 years of age on the day of the distribution.   The screen is titled "Do any of these situations apply to you?" The particular line to look for is "I transferred all or part of this money directly to charity."   If you don't see this line, then TurboTax does not think that you were 70 1/2 by the end of the year.

I don't know what you mean by autofill, but Turbo Tax pulled the T4 data directly from the CRA. At the end of the whole process, when I go to file the return, Turbo Tax gives the error about box 16/16a and does not allow me to Netfile the return.   I tried deleting the second T4 so that Turbo Tax would recalculate everything and "see" that box 16 was filled in the first T4, then manually re-entered the second T4, and it immediately gives the same error regarding box 16/16a - only this time I can't continue past the T4 without "fixing" the error.

Yes, you are correct. You can prepare a superseded return in TurboTax Business. Do not check the "amended" box. However, the return will need to be printed and filed by mail. As you stated, you will need to write "Superseded" at the top of all forms before you mail them.   @hereinhelena 

40% s'applique seulement à votre conjointe puisque vous n'êtes pas un employé Uber. Si vous payer seulement 48$ pour votre déclaration de Travailleur autonome, vous bénéficier tout de même d'un rabais.   Merci de choisir TurboImpôt

You will have to amend the 2024 tax return to add the tax data from the 2024 Form 1099-MISC   See this TurboTax support FAQ for amending a prior year tax return - https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-return/amend-change-correct-return-already-filed/L4VjJ9BA2_US_en_US?uid=ld1n99kr

I found a workaround. TT online was skipping form 1116 because our foreign tax paid was less than $600 MFJ.  I edited a 1099-DIV to have foreign taxes over $600. Then TT Online took me through the full dialog for form 1116 and I was able to enter the passive loss carryover.  Then I edited the 1099-DIV again to correct the foreign tax paid amount. Then TT kept form 1116 with the correct foreign taxes values and the carryover.  it would have been nice if TT had given me the option to fill out and submit form 1116 even though it wasn’t required.