All Posts

In 2026, the codes used will allow the 2025 amount to be tax free since you did include it in your 2025 return even though the payment of the required minimum distribution (RMD) was paid late. It will likely be Code P. See the list of codes for 2025 which will be updated for 2026. What do all the codes in Box 7, Form 1099-R mean? @angela829 

You must remember that NY taxes full income and then allocates the tax. Therefore, the full NY deduction is taken on the full NY income Line 32 NY AGI Line 33 should be calculating your standard or itemized deduction on NY terms. No allocating Line 35 dependent exemption is taken in full Line 36 is the taxable NY income Line 38 - the program will look up the state tax for you TurboTax does the work so you don't have to! You are very smart to be asking questions and understanding how it all works. Great job!

  ,  you raise an interesting situation/point:(a) Section 911 of the code  defines foreign earned income as :The term (A)In general The term “Foreign Earned Income” with respect to any individual means the amount received by such individual from sources within a foreign country or countries which constitute earned income attributable to services performed by such individual during the period. Thus implying local entity payment, except for US Govt. or any of its depts. Note  however, that a tax payer acting as self-employed, working at his foreign tax home, can receive  payment from an US entity and this would be eligible for FEIE ---- No W-2, or 1099. This would need to be reported on Schedule-C, Schedule-SE and subject to local tax laws.   (b) IRS also generally holds that  income is sourced  to the location where  work is actually performed.   thus  your earnings  for the work performed in country X  ( which country please ? )  should mean  that the remuneration should be sourced  to that  host  ( tax-home ) country and therefore eligible  for  foreign earned income exclusion. (c) However, my confusion here is that you were still employed by the US entity and paid by them.  You probably did not pay any taxes to the host country.   So is this foreign earned income ? (d) In the old days when I was on foreign assignment, I got  paid partly by my US employer  ( and on W-2 ) and partly by the local entity ( a Wholey owned subsidiary/ local entity ),  paid taxes  to the host country and therefore  the foreign portion of the income/ housing / COLA etc. were all eligible for FEIE. (e) Also my understanding, while hazy, is that when on sabbatical, a prof gets paid ( and continues to have employee benefits ) by the "mother" entity but may receive grants/stipends etc. from the host institution.  If that is your case then that portion of earned income definitely would be  Foreign income.   Any details of your situation may help clear up this --so please help

You're referring to 2026 Estimated Tax vouches?  Turbo will assume the safe harbor for 2026 based on 100/110% of 2025 tax and assumes your 2026 withholding is the same as 2025; so yes if you had a bigger income in 2025 these ES vouchers will probably be too high compared to option to only pay 90% of 2026 tax.   To change this you can provide updated income information under Other Tax Situations / Form W4 and Estimated Taxes.   If you are on Desktop, you might also want to take a look in Forms mode, the form "Est Tax Options" shows the different safe harbor options you can select, there is a form "Estimated Taxes and Form W-4 Worksheet" also with the outcome of the EasyStep section for that.   Also note you don't have to use these vouchers, if possible avoid mailing checks/vouchers and try to pay ES online at irs.gov if able.

The Indiana disability retirement deduction allows qualified individuals to deduct up to $5,200 of disability retirement income from your income. To qualify you must meet all of the following: Under age 65 on December 31  Be retired on disability before December 31 Permanently and totally disabled when you retired If you meet all the requirements, start by reviewing your entries for your retirement income in the federal return.  After you enter your 1099-R in your federal return, there is a question that asks where your distribution is from, mark that it is disability income.  If you mark this, then specific questions for the Disability Retirement Deduction will come up in your Indiana return.                    

You should have received a Form 1099-R from your financial institution.  If can probably access online by logging in to your account.  If not, you should contact them and request a copy.  You need it to  report the back door Roth. 

TurboTax does not save copies of your private tax data, so even speaking with a customer support agent will not help you. You are expected to maintain copies of your own tax files.   To get a copy of your Oregon return transcript from the Oregon Department of Revenue, you should go to Revenue Online: Personal Income Tax Help and scroll down to "How do I receive a copy of my return transcript?"

You said you moved to California. Did you file a California part-year resident return and change your Oregon return to part year?  If not, Oregon will treat all income as taxable, regardless of where it was earned.  You have to allocate your income to each state in the state tax sections of the return.  

It sounds like a misplaced decimal. The amount should be $565 for an AGI over $302,001. Since the Step-by-Step interview is clearly miscalculating, you must use Forms Mode to manually correct the value before filing.   Switch to Forms Mode: Click the Forms icon in the top right corner. Find Form 104: In the list on the left, open Form 104 (Colorado Individual Income Tax Return). Locate Line 35: Scroll down to Line 35 (State Sales Tax Refund). Check the "Credits Worksheet": Line 35 usually pulls from a supporting worksheet. Click on the value in Line 35 and select the "Data Source" or double-click to jump to the Credits Wkst. Override the Amount: * On the worksheet, find the TABOR/Sales Tax Refund section. If the amount is $56.50 (instead of $565), right-click the field and select Override (or press Ctrl+D).Manually enter $565.

You will not need to report the missed RMD on the deceased relative's final return, since the income was never realized.   Instead, the legal requirement shifts to the beneficiaries. The financial institution will issue Form 1099-Rs to each beneficiary. The beneficiaries will report their respective 1099-Rs on their own personal returns.

@zuissjw1    Sure, you can give it a shot......use the following for phone contacts...do NOT use the word "Refund" in the initial entries, or you get routed to an automated response system and not a person.   How do I contact TurboTax?