All Posts

Is your computer too old so you couldn't install the Desktop program?  If you are trying to use the Desktop to Online offer it is good for both federal and 1 state return.   But I think you have to access it a special way.   Turbo Tax Desktop to Online Offer https://ttlc.intuit.com/turbotax-support/en-us/help-article/marketing/ty25-ttd-direct-offer/L0aUgksJd_US_en_US "Offer includes one Tax Year 2025 federal return and one state tax return filed using the TurboTax Online"

You can check  to see if your return was accepted by the IRS in TurboTax.     If you used TurboTax Online, you can see the status of your return on  the Tax Home screen of your account.  You should have also received emails updating you on your return status.     If you used TurboTax Desktop: Select File. Select Check E-file status.   Once your return is accepted, you can visit the IRS Where's My Refund? to check the status of your refund.  Most efiled returns take 21 days to process.       What does my rejected return code mean and how do I fix it?  

To change the Enrollment Status for a student on your return, go to the Education section and Edit/Update 'Expenses and Scholarships Form 1098-T'.   At the 'Education Summary' screen, click the pencil icon. Continue to the 'Enrollment Status' page.   @petewoz13       

Line 10400 (Other Employment Income) is a "catch-all" for income that doesn't usually come from a standard T4 slip, so it can be hard to figure out where the money came from. Look in these places to find the "ghost" entry:   T4A Slips: Check any T4A slips you entered for: Box 119: Group term life insurance premiums (taxable benefits for former employees). Box 118: Medical premium benefits. Box 104: Research grants (net amount). Box 127: Veterans' benefits.   Tips and Gratuities: In the "Income" section, if you answered "Yes" to a question about earning tips, gratuities, or occasional earnings not on a T4, that amount flows directly to Line 10400.   Foreign Employment Income: If you indicated you had income from a foreign employer (that wasn't on a T4), it maps here.   Clergy Housing Allowance: If you have a T4 with an amount in Box 30, it is moved from employment income to Line 10400.   To delete the form, go to the Income tab > T-Slips > T4A. Look through every T4A you’ve entered for the box numbers mentioned above (118, 119, 104, 127).   Select Tax Tools from the left-side menu. Click Tools. Select Delete a Form. Look for a form called "Other Employment Income" or "T4A." If you see a form you don't recognize, you can delete it here to clear the data.   Thank you for choosing TurboTax.        

You can start another return in TurboTax Online by: Logging out if you are in your account Choose what TurboTax Online product you want to use for the second return https://turbotax.intuit.com/personal-taxes/compare/online Create your account screen Set up a new login for the second return Start working on the new return If you used the Desktop program before you may notice several differences and not like the online version. It has less features and no Forms Mode. The Online versions don't have all the same forms so you might have to upgrade to a higher Online version. You can only do 1 return per account. 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.

TurboTax generally requires your federal returns to be accepted by the IRS before e-filing state returns because state tax calculations often depend on federal data. To separate them, you must wait for the federal return to be accepted or opt to paper-file your state return separately.   Often State tax returns pull information directly from your federal tax return. If your federal return hasn't been accepted, you will not be able to e-file your state return.   Depending on where you are in the process, you may be able to delete the state return and add it later.   Please see:   Can I file my federal taxes now and skip my state for later?   How do I e-file my state after I already filed my federal?   Can I prepare and file just my state return using TurboTax? If you have additional information or questions regarding this, please return to Community and we would be glad to help.

I see that you are a TurboTax Online (do-it-yourself) user and that you have been using this version for the last few years. I have sent your current receipt via email. To access your return, log in via this link: https://ww1.2025.ca.turbotaxonline.intuit.com/signin?_swlg=en   Thank you for choosing TurboTax.

The tax rate you pay depends on whether your gain is short-term or long-term.  To figure out whether you have short- or long-term gains, take a look at your 1099-B form.  Your purchase date will be listed in box 1b; and your date acquired, and date sold will be listed in box 1c. That amount of time is what will determine how your sale profits are taxed. You can also take a look at box 2 — there should be a checkmark that identifies the sale.   For employee stock sales, see the following excerpt from Employee Stock Plans:   When you sell the stock, the discount that you received when you bought the stock is generally considered additional compensation to you, so you have to pay taxes on it as regular income. If you hold the stock for a year or less before you sell it, any gains will be considered compensation and taxed as such. If you hold the shares for more than one year, any profit will be taxed at the usually lower capital gains rate. How much of the stock sale is compensation and how much is capital gain?  That depends on whether your stock sale is a qualifying disposition or a disqualifying disposition.   Disqualifying disposition: You sold the stock within two years after the offering date or one year or less from the exercise (purchase date). In this case, your employer will report the bargain element as compensation on your Form W-2, so you will have to pay taxes on that amount as ordinary income. The bargain element is the difference between the exercise price and the market price on the exercise date. Any additional profit is considered capital gain (short-term or long-term depending on how long you held the shares) and should be reported on Schedule D. Qualifying disposition: You sold the stock at least two years after the offering (grant date) and at least one year after the exercise (purchase date). If so, a portion of the profit (the “bargain element”) is considered compensation income (taxed at regular rates) on your Form 1040. Any additional profit is considered long-term capital gain (which is be taxed at lower rates than compensation income) and should be reported on Schedule D, Capital Gains and Losses.   How is a capital gain or loss calculated? How do stock sales affect my taxes?