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Yes, that is what is explained by our tax expert @DaveF1006. The expenses could be added to the cost basis of the property, as though they occurred in 2026. This applies to the Real Estate Professional and not simply an active participant in a residential rental property as indicated earlier in this thread.   @nerobins 

  Federal and state refunds come from completely separate entities,  There is no rule as to which one will come first or how much time there will be between their arrivals.  Some states process returns quickly and some are very slow.   STATE RETURN Make sure your state return was accepted:  https://turbotax.intuit.com/tax-tools/efile-status-lookup/   To track your state refund:       ttps://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-refund/track-state-refund/L3jgO8PGs_US_en_US?uid=lt447ebr https://ttlc.intuit.com/turbotax-support/en-us/help-article/state-taxes/contact-state-department-revenue/L9qVToi02_US_en_US?uid=m6e06um0  

@chrispiper86 The IRS can seize a tax refund for - Past-due child support; Federal agency nontax debts; State income tax obligations; or Certain unemployment compensation debts owed to a state (generally, these are debts for (1) compensation paid due to fraud, or (2) contributions owing to a state fund that weren't paid). This does NOT include current tax year taxes owed to the state since the IRS has no way to know the current year state taxes owed.   Go to this IRS website for refund offsets - https://www.irs.gov/refunds/reduced-refund

Yes, depreciation can be entered using TurboTax Premier desktop program.   First, go to the Schedule C Business Income and Expenses or Schedule E Rental Income and Expenses section, depending on whether your asset is being used in a business or a rental property.   Then, under the expense categories, look for Assets and Depreciation to enter the details about the asset used in your business or rental property.

I am having the same problem. (Using Desktop Version) Daughter is 17YO at year end.  Answers to all questions are correct.    I deleted the child and 8812, started over and same issue.  Still says I don't qualify for Other Dependent Tax Credit.  

No, you will not lose the tax files.  They are stored in a different directory from the TurboTax software. TurboTax tax data files and saved PDF's are stored, by default, in the TurboTax folder within the Documents directory.

To correctly report your RMD and delete the doubled entries, follow these steps:   First, delete the Form 1099-R and also delete any Form 5329:    On the left panel, click on the down arrow to open more options You may have to scroll down a little to view the Tools option below Click on Tools, then Delete a form (Usually the third option down) Scroll down to delete Form 1099-R and then delete Form 5329-T (and 5329-S, if applicable)   Next, if one of your Fidelity 1099-Rs covers your entire RMD, you can use it to satisfy reporting your full RMD as follows:   Return to Income, then click the down arrow to the right of Retirement Plans and Social Security Select IRA, 401(k), Pension Plan Withdrawals (1099-R) in the Federal Income section Click on +Add a 1099-R and input the 1099-R from which you took your entire RMD Click Continue as you complete the interview entries "Let's get more information about your Required Minimum Distribution (RMD)", enter the amount of your RMD (no extras) that was due by December 31, 2025, Continue On the next screen, "How much of this distribution applied to your December 31, 2025 RMD?", enter your RMD (no extras) that you entered in the prior screen, Continue When you reach, "Review your 1099-R summary, Continue (not the pencil) When you reach, "Let's go over any required minimum distributions (RMD)", Continue (not the pencil)   If one of your Form 1099-R distributions covers all RMDs for 2025, you can enter the full amount of the RMDs (no extras) in the first Form 1099-R distribution above and then skip the second Form 1099-R questions about RMD by entering zero at step 4 above and just Continue through the remaining questions.