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In Michigan, private pension income is generally exempt from state income tax if you are age 67 or older. To deduct your private pension income in TurboTax Online, follow these steps: 1. Go to the Federal section and then to Wages & Income. 2. Locate and select IRA, 401(k), Pension Plan Withdrawals (1099-R). 3. Enter your pension details as requested. 4. After entering federal pension info, navigate to the State section. 5. Look for the Michigan state's pension exclusion or subtraction item, often labeled as "Pension and Annuity Subtraction". 6. Enter the pension income amount eligible for deduction based on Michigan rules (typically your pension if over 67). TurboTax should then apply the Michigan pension exclusion and reduce your state taxable income accordingly.

@garyl888 if a CPA has been preparing your returns for prior years, none of that info will be in TurboTax. From the prior return you'll need to enter the info for each asset used in the rental.    You also have to keep track of the depreciation taken, because the rental property will probably not transfer to the 2026 return when you do it in 2027.  The depreciation you took is subject to special treatment if you ever dispose of the property 

Was it the At Risk box for Schedule C line 32?   That’s a common one to get wrong.   You can get back to the question about your business investment being at risk by going to the Schedule C and finding the Final Details > Special Situations section (if using TurboTax Home and Business) or the Uncommon Situations section (if using TurboTax Online).     Within those sections, there will be a check-box to indicate 'I have money invested in this business that I'm not at risk of losing; that is, certain cash, property, or borrowed amounts that are protected from loss.'  Uncheck that box if your investment in your business is not at risk.     If you don't know what it means then probably All your Investment is at Risk (check Box 32a). Answer Yes.  It means you are using your own money for the business.

You need to go to the investment sales area in the Wages and Income section of TurboTax, then Investment Income, then Stocks, cryptocurrency, Mutual Funds, Bonds, etc... On the next screen you'll see a list of the investment sales you entered. Use the drop down arrow next to the one you want to see and you'll see the edit option necessary to makes changes. Once you click on the edit option, you will see the box 1(d) entry that you can change.  

Could you please clarify which of the two PIN numbers are you referring​ to? There's two different types of PIN numbers.    If you're talking about the IP PIN (Identity-Theft PIN number), it's a 6-digit PIN given to you by the IRS each year to file electronically.   Here's how to enter the IP PIN. In your TurboTax account,in the Home & Business section, click the Personal tab.  Click "Other Tax Situations.” Scroll down to the section "Other Return Info." Click the Start, Update, or Revisit button for "Identity protection PIN."  Then, enter your IRS IP PIN number and save. The other one is the Signature PIN , which is a 5-Digit number used as a signature. When you are ready to file your return online, TurboTax will need you to provide and generate your own 5-digit PIN. These numbers are created and assigned by you.     

I don't think DaveF's explanation turned out to be correct (although it was a reasonable inference based on the information available at the time).  The problem was that Turbo Tax had not yet finished this part of its 2025 software as of Jan. 14, 2026.  Once Turbo Tax updated it, the software worked the same as in 2024.  So it was not the OBBBA that was driving the $500 problem.

You can just enter your "Apt/Unit" on Address Line 1.   E.g., Instead of putting "123 Main St" on Line 1 and "Apt 4B" in the unit box, enter "123 Main St Apt 4B" all on the first line (this is perfectly acceptable to the IRS).   Note: some state forms have very strict character limits (e.g., only 5 characters) for the apartment field.  Thus, you can shorten the entry to just the numbers/letters (e.g., "12B" instead of "Unit 12-B").

On January 14, the date of your posting, Turbo Tax was messed up.  Turbo Tax later updated its software so that the information being requested was the same as for 2024.  That said, as I and others have noted, Turbo Tax continues to have a simplified assumption (aka an "error") regarding groups of similar items for which the value exceeds $500 but for which no individual item exceeds $500 in value.  And if you think about it, the Turbo Tax software makes no sense.  The IRS wants detailed information if  you donate a single piece of clothing worth $600.  Does the IRS want that same information if you donate 30 shirts each with a value of $20?  No.  But Turbo Tax requires it, if you report all 30 items as a single donation.  

If a client does not send you a form 1099-NEC for your services, you should report the amount received using your own records.   You report the income you received in cash, checks or bank transfers or without a 1099-NEC as self-employed income under Other self-employed income. In business income, just under Type of Income, click on Add Income for this work On the next page, click on the radio button next to Other Self-employed Income Click Continue to enter your income received in cash, checks or bank transfers, or without a form 1099-NEC. If you have expenses related to this business, you can deduct them.