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Although the forms availability table indicates that Form 4562 is ready to e-file, the final update for depreciation calculations within the software has not been released.   We anticipate the depreciation calculations within the software should be updated after February 13, 2026. Our tech team is working hard to release the updates before that date.    Please be aware that this update will affect depreciation for Schedule E (Rental Properties) only. Schedule C (Self-Employment) was updated previously and should be working in all versions of TurboTax.

If you received a 1099-Q and the entire distribution was used for qualified education expenses, you don't need to enter it in your return.  You could still qualify for an Education Credit if Box 1 on your 1098-T is larger than Box 5.     If this applies, delete your 1099-Q entry.  If Box 5 is larger than Box 1 on a 1098-T, the excess grant/scholarship amount is considered taxable income, unless you add other qualifying expenses that offset it.  If you're not claiming an Education Credit, you don't need to enter your 1098-T in TurboTax, either.  However, the excess scholarship amounts above qualifying education expenses should still be reported as taxable income.   Here's more detailed info on Form 1099-Q and Form 1098-T.     @RQUIAMZON 

@MonikaK1 This was not the case for me. It was simply a Turbo Tax system error that caused the gain to not flow through properly. I read online that other people had fixed the issue by deleting the entire house sale section, then re-entering the house sale. That's exactly what I did and it fixed the issue. The gain was the same for Federal and State. It's all fixed for me, but Turbo Tax should be aware of the issue and should try to fix it on their end for other people. 

Why doesn't TurboTax ask the question about HRA reimbursement ?  We pay for the product to help interpret tax code... we shouldn't have to go into the form and override input fields to get the correct results.  HRAs are not some ultra rare circumstance.   In what specific field in your example would I enter my HRA dollars ?  The field your reference is from the 1095-A form.

Not exactly.  The tax-free amount of a pension of a qualified retirement plan is calculated based on the total after-tax contributions (investment) made to the plan, divided by a life expectancy factor (often using the IRS Simplified Method) to determine a consistent tax-free amount each year.    For more information, please see: Topic no. 411, Pensions – The general rule and the simplified method  

Right now, you don't need to do anything but wait.   Since the IRS has your return, wait until they finish processing it.   You have 3 years to amend your return and the amendment form (1040X) won't be ready until the end of the month anyway.      After the original return gets processed, you can start an amendment.   If your return changes because of the overtime data, you can file the amendment then.   

This is biggest BS on the response. I am trying to get help for two days. I was pushed by the system to install desktop version, then pay to add CA state to this ($49) and got nowhere. I paid $350 or so to prepare and file my tax return for 2024. All Turbotax is doing (very successful) is to guard itself from users by using STUPID bots. You have to answer a lot of idiotic questions and hear that the answer is not on the list. Today was waiting for agent to help me through the chat - no one was there and then timeout happened. I have not gave up yet, but pretty close to ditch Turbotax forever and find a replacement, it is not worth to spend hours to find help

No, it shouldn't be an automatic adjustment.  Georgia does not require an adjustment to federal adjusted gross income (AGI) on your Georgia State tax return to add back Georgia income deducted on Schedule A of your federal tax return (Form 1040).  For further information see the Additions to Income section of Schedule 1 Instructions on page 20 of the Georgia 2025 IT-511 Individual Income Tax Booklet 

California treats profits from the sale of a residence as ordinary income, rather than long-term capital gains, and subjects them to higher state tax rates (up to 13.3%). While California generally conforms to the federal exclusion ($250K/$500K) for primary homes, it does not distinguish between short-term and long-term gains, taxing all profits immediately.    See this California Franchise Tax Board webpage for more information.