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March 14, 2026
11:37 AM
Why is there such a drastic discrepancy between the app and the irs
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March 14, 2026
11:36 AM
on the printed federal return from turbotax online, there is no mention of getting unemployment.
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March 14, 2026
11:36 AM
The question is asked at the 'File' stage and if you don't get that question again so that you are able to update it, you can always sign up at the Trump Account page. The article will provide detail...
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The question is asked at the 'File' stage and if you don't get that question again so that you are able to update it, you can always sign up at the Trump Account page. The article will provide details to assist you. Keep in mind they don't actually open up before July, and an email will allow you to activate the account in May once signed up.
What are Trump Accounts?
How do I set up a Trump Account? (Follow the steps here to try to go back to the page).
Trump Accounts
March 14, 2026
11:34 AM
TurboTax Online will help determine what business code you should use based on the information that you have entered in the Work Description under General Info for your business. As you edit and cha...
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TurboTax Online will help determine what business code you should use based on the information that you have entered in the Work Description under General Info for your business. As you edit and change the Work Description, the business code will change as well. You cannot edit the business code directly unless you are using a desktop version of TurboTax.
If you are using a desktop version of TurboTax, then the business code can be edited directly under the Business Profile section of the Schedule C.
March 14, 2026
11:33 AM
I use turbo tax premium for a number of years now. While preparing taxes for 2025, I am facing some issues. Please kindly help. My situation is as follows. - I currently have two rental homes. - Ho...
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I use turbo tax premium for a number of years now. While preparing taxes for 2025, I am facing some issues. Please kindly help. My situation is as follows. - I currently have two rental homes. - Home1 had been producing rent since 2023. However in 2023, there was a loss of $5,167 and it was recorded in Sch E and form 8582 in the tax return of 2023. TTax disallowd this amount in 2023 in Part VII of form 8582. - Home2 was bought in Dec 2024, made some capital purchases like appliances and backyard, claimed it in 2024 return. Though listed for rent, it did not produce rent in 2024. But it has some loss in 2024 due to expenses and capital purchases etc. - In the tax return for year 2024, I see that Sch E considered the loss of $5,167 on home1 for year 2023 and calculated net income after deducting the loss from the rental income (generated from home1 only.) - But in 2025 I was able to rent home2 also though just for couple of months, but ended in eviction, litigation, damages to home. Effectively loss on home2 again. - But in Sch E worksheet for home1, line G shows 'Schedule E suspended loss' under QBI column of -$5,167. This exact number appears to belong to home1 and year 2023, which seem to have been netted in 2024 return as I noted above. And smart check is catching this and complaining that this needs to be 0. It allows me to make it 0. Based on this, please clarify the following: a) How and why did -$5,167 still somehow came into 2025 return though in year 2024 it seem to have been deducted out of rental income? I always import previous year's return when I start that of current year. - Did I goof something OR - Did TTax missed something or importing something incorrectly? - Is it OK to zero it out in 2025 return? b) At two places in turbo tax asks me about QBI stuff. - One is about QBI safe harbor and the conditions listed there do not qualify me. So I chose 'No, I don't or can't (common respone)' - Second place is about 'Is this qualified business income', and there the explanation in TTax was 'In general, if rental or royalty is based in the US, and carried on with regularity, continuity. and profit motive, then income from this activity is considered QBI'. I read this to be applicatble to me and I chose 'yes' for home1 in 2023, 2024 and for home2 in 2024. And year 2024 return shows a QBI deduction of 1,622 on line 13 of 1040. - I was about to say yes to 'Is this qualified business income' for both homes in 2025 too. Is this correct or should I be saying NO here? If I need to say NO, I could do so in 2025, but I cant do so for 2023, 2024 because they are already filed! I am worried if I have to amened both 2023 and 2024. So I am supposed to say NO, I will do so in 2025 return that I am yet to file but keep quiet and pray for IRS grace to miss me for any 2023 and 2024 mistakes about saying YES to QBI! Please kindly help.
March 14, 2026
11:32 AM
I'd called T.Tax about a week ago. The gentleman I spoke to said that the conformity changes had been completed in T.Tax. When I went to do my Idaho taxes today, the 2nd screen that came up "New Id...
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I'd called T.Tax about a week ago. The gentleman I spoke to said that the conformity changes had been completed in T.Tax. When I went to do my Idaho taxes today, the 2nd screen that came up "New Idaho Tax Law Changes" seems to indicate that is not so. Any idea as to when they will be? Failing that, expect I can go in and manually overwrite the amounts shown in T. Tax that don't reflect the changes following the guidelines provided by the Idaho State Tax Commission for those who file manually using pen and paper to achieve the correct result? Different question- I do the taxes, so Intuit has my name, e-mail address, password and phone # to text code to. What happens if I die, and my wife needs to take over. How does she access prior years tax returns & establish her credentials?
March 14, 2026
11:31 AM
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March 14, 2026
11:31 AM
You only claim your 2025 expenses for the rental on your 2025 tax return. Expenses for the other years, except for depreciation which is claimed over a certain number of years depending on what is b...
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You only claim your 2025 expenses for the rental on your 2025 tax return. Expenses for the other years, except for depreciation which is claimed over a certain number of years depending on what is being depreciated, should have been claimed on the prior year returns.
March 14, 2026
11:29 AM
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March 14, 2026
11:29 AM
Since this form is available only at the 'File' stage there is no editing. You can choose not to activate it when you are alerted.
How do I set up a Trump Account?
What are Trump Accounts?
...
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Since this form is available only at the 'File' stage there is no editing. You can choose not to activate it when you are alerted.
How do I set up a Trump Account?
What are Trump Accounts?
Note: Once you successfully e-file, your account information will be sent to the IRS and you should receive an email from your new account provider later this year, likely in May 2026. We recommend that you record the 5-digit Signature ID (also called Self Select PIN) as it will be used on Form 4547 when creating your Trump Account.
After you request the account, you’ll get information about activating the account in May 2026. Accounts are expected to become active starting in July 2026.
March 14, 2026
11:23 AM
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March 14, 2026
11:22 AM
To enter New Car Loan Interest -
Click on Federal Taxes (Personal using Home & Business) Click on Deductions and Credits Click on I'll choose what I work on (if shown) Scroll down to Cars and Ot...
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To enter New Car Loan Interest -
Click on Federal Taxes (Personal using Home & Business) Click on Deductions and Credits Click on I'll choose what I work on (if shown) Scroll down to Cars and Other Things You Own On Car Loan Interest, click on the start or update button
March 14, 2026
11:22 AM
I mistakenly started IRA accounts for tax years 2022 and 2023. Because of my income, I couldn't take the IRA deduction, so I paid income taxes on those amounts. In 2025 I withdrew the monies and canc...
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I mistakenly started IRA accounts for tax years 2022 and 2023. Because of my income, I couldn't take the IRA deduction, so I paid income taxes on those amounts. In 2025 I withdrew the monies and cancelled those IRA accounts. The bank gave me a 1099-R showing $14,943.79 Gross Distribution. Since I already paid income taxes on $14,500.00, I only want to pay income taxes on the interest earned thereon, in the amount of $443.79. However I cannot figure out how to report this amount on the 2025 1040 form. Please advise.
March 14, 2026
11:22 AM
The new One Big Beautiful Bill Act allows for interest paid on a qualifying auto loan can be deducted. I can't find that here on TurboTax.
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March 14, 2026
11:21 AM
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March 14, 2026
11:21 AM
1 Cheer
Montana part-year returns calculate tax liability based on total federal income first, then apply a ratio to tax only the Montana-sourced portion.
Part-year residents are subject to Montana income ...
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Montana part-year returns calculate tax liability based on total federal income first, then apply a ratio to tax only the Montana-sourced portion.
Part-year residents are subject to Montana income tax only on income attributable to state sources. See Montana Residency.
March 14, 2026
11:21 AM
https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-return/find-last-year-tax-data-file-tax-file-computer/L0XJvPaJr_US_en_US
https://ttlc.intuit.com/turbotax-support/en-us/help-arti...
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https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-return/find-last-year-tax-data-file-tax-file-computer/L0XJvPaJr_US_en_US
https://ttlc.intuit.com/turbotax-support/en-us/help-article/data-systems/find-tax-data-file-mac/L4VNGm33S_US_en_US?uid=m6guhab0
March 14, 2026
11:20 AM
HSA contribution section won't allow editing
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March 14, 2026
11:20 AM
Where does Turbo Tax store my current tax form on my computer. I did an upgrade when Turbo Tax first came up and after the upgrade my current 2025 taxes will not come up. it wants me to start a new t...
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Where does Turbo Tax store my current tax form on my computer. I did an upgrade when Turbo Tax first came up and after the upgrade my current 2025 taxes will not come up. it wants me to start a new tax form! Need my current form!!!