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You can't determine a cost basis will have to use $0.00.  Another option would find the historical trading data for WBA and take the lowest price during the period your sister worked for the company.  There are multiple websites that will provide you historical price information, although some sites may not provide it for Walgreens Boots Alliance (WBA) since it was taken private and delisted.     For acquisition date use "Various".  For the sales section select: Box E - Long Term - Basis not Reported to the IRS. 

When entering Box 14 from your W-2 in TurboTax with the description "Pretax Benefits such as Health, Dental, and/or Vision" and code 6, select the category related to "Box 14 - Other (not classified elsewhere)". This is because pretax benefits like health, dental, and vision insurance premiums reported here are typically employer-provided amounts not fitting into standard boxes or codes. TurboTax allows you to label these amounts as pretax benefits or health insurance deductions in Box 14 for informational purposes but does not apply a specific IRS code for them. Selecting the general Box 14 category is appropriate to ensure correct recognition within your return.

We are married filing jointly, and both over 65.  Line 16 reads 33052, which is above the filing threshold of 27,200 (24,000 + 1,600 + 1,600) but line 17 calculated by TurboTax is still blank.  Is this correct?

I have the same problem in 2025. TurboTax is not generating 8606 for inherited IRA. Has anyone found a solution other than filling out your own form 8606 and mailing returns? This would be a fairly simple software update to Intuit TurboTax software!

You have to go to Step 2 in the FILE section.   HOW TO CHANGE OR ENTER BANKING INFORMATION FOR REFUND https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-refund/change-transferred-direct-deposit-information/L77NCbU6D_US_en_US?uid=m6tuh572     You cannot  change banking information while your return is in pending, nor can you change it after the return is accepted.  The IRS does not allow it.       Did you already e-file?  If you did NOT e-file you can go to the FILE section  step 2 to enter/change how you want to receive your refund.  If you want direct deposit you need the routing number and your own account number.    If you e-filed: Banking information for direct deposit is wrong or closed If you entered incorrect banking information for your refund, you can change it if your return is rejected.  If it is accepted, however, it is too late to change it.  The bank will reject the refund and send it back to the IRS.     https://www.taxpayeradvocate.irs.gov/news/tax-tips/direct-deposit-changes-for-2026-could-affect-how-and-when-you-get-your-refund/2026/01/   You may get this notice— a cp53a notice   https://www.irs.gov/individuals/understanding-your-cp53a-notice   If you take NO action—-the IRS will freeze your refund for at least six weeks and then mail you a check.   If your refund is sent back to the IRS—- make certain that the address you entered on your Form 1040 is correct.  And…open all mail, even if it looks like junk mail.   And……if you choose “refund processing” or the “5 day early” offer, those involve a third party bank; sadly, you will have a lot of additional aggravation in tracking down your refund and getting a check.  

Note: Gains in GLD are taxed as a collectible, not a security.  Wild.   I've done the whole spreadsheet thing and calculated everything, but I'm not sure what to do with it.  I have downloaded my 1099-B from my broker Charles Schwab with the missing cost info.  Do I change the data in the 1099-B to fix my missing cost in the sale?  ANd change the security to a collectible?  Or do I delete the incorrect 1099-B and enter it manually?  Or ignore it as the dollars are de minimis in my case ($525 in sales, $450 in cost of sales). Thanks for any thoughts on this.   nb, my friend holds his GLD at Fidelity and he says they include the cost in their 1099-B!

Si su declaración de impuestos es rechazada debido a su número de Seguro Social (SSN), estos son los pasos clave a seguir:   Verifique la Exactitud del SSN: Vuelva a verificar que su SSN coincida exactamente con su tarjeta de Seguro Social, incluidos todos los dígitos y la ortografía del nombre. Coteje con los Registros del IRS: Si su SSN y nombre son correctos, pero la declaración sigue siendo rechazada, es posible que la base de datos del IRS tenga información desactualizada o incorrecta. Presente su Declaración en Papel: En caso de rechazo persistente de la presentación electrónica debido a problemas con el SSN, deberá imprimir y enviar por correo su declaración de impuestos. Comuníquese con la SSA para Actualizar la Información: Considere comunicarse con la Administración del Seguro Social para asegurarse de que sus registros sean correctos y espere de 4 a 6 semanas para las actualizaciones. Verifique si hay Robo de Identidad: Si sospecha que otra persona presentó una declaración utilizando su SSN, tome medidas para denunciar y protegerse contra el robo de identidad relacionado con impuestos. Utilice la Sección "¿Qué pasa si mi información es correcta?": Esta sección, disponible en TurboTax, le guía si está seguro de que su SSN es exacto pero el rechazo persiste. Estas acciones abordan las razones comunes de los rechazos relacionados con el SSN y le ayudan a presentar su declaración con éxito.  

I have a similar situation with a joint savings account that I had with my mother. She passed away on February 1, 2025 (the account was subsequently closed) and the 1099-INT came in her name and SSN.   It’s my understanding that the interest earned and posted in January (prior to her passing) will be claimed on her tax return, and I will claim the remaining interest earned on the account on my tax return. A tax accountant is doing my mother’s taxes, and I am doing my own through TT.   Based on the information provided in the answer above, the tax accountant doing my mother's taxes should be responsible for providing me with a 1099-INT for the amount of interest earned after she passed, showing my mother as the payer and me as the recipient, and also for completing and submitting my 1099-INT with the Form 1096 to the IRS.   As for getting the Forms 1096 and 1099-INT to complete and mail to the IRS, I thought that was something I should do. I had previously found the pages about these forms on the IRS website (the links are provided in the above comment), but the instructions there clearly indicate that the red forms are only for informational purposes and are not to be completed and submitted to the IRS, which contradicts the information provided in the comment above. That being the case, I have been at a loss as to where to acquire the forms that can be submitted to the IRS, which is why I am here.   At least I have learned that the 1099-INT I will need, and the Form 1096, should be provided and submitted to the IRS by the tax accountant doing my mother’s taxes. I’m glad I got clarification of this because I can’t get an answer from the tax accountant and I’ve finished my taxes and they’re ready to file.

@lgold9391  To enter, edit or delete a form 1099-R - Click on Federal Taxes (Personal using Home and Business) Click on Wages and Income (Personal Income using Home and Business) Click on I'll choose what I work on (if shown) Scroll down to Retirement Plans and Social Security On IRA, 401(k), Pension Plan Withdrawals (1099-R), click the start or update button Online editions -   On the screen Did you get a 1099-R in 2025? Click on Yes On the screen Let's import your tax info Click on Change how I enter my form On the screen How would you like to upload your 1099-R? Click on Type it in myself On the screen Who gave you a 1099-R? select the type of 1099-R you received and Continue

@user17736000638    If you have the "Desktop" software....you can switch to Forms Mode and open that form to make corrections.   I had the same problem where there was z zero in one field, with no state selected.  Getting rid of the zero fixed it.

It sounds like you are referring to the Renter's Credit on a Minnesota tax return that uses a Certificate of Rent Paid (CRP).   If that is correct, you can solve the problem by going to Tax Tools on the left of your screen, then Tools, then select Delete a form.  Choose the trash can next to Schedule M1RENT: Renter's Credit. 

To complete and file a 2024 tax return using TurboTax you would need to purchase, download and install on a personal computer one of the 2024 desktop editions from this website - https://turbotax.intuit.com/personal-taxes/past-years-products/   A 2024 tax return can only be printed and mailed, it cannot be e-filed using TurboTax.

If you have already e-filed, unfortunately, you cannot change the Trump Account election (Form 4547)   However, you can still get sign them up and get the $1,000 seed money if they are eligible. Go to Trumpaccounts.gov to sign up your child, using their Social Security Number.