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Do you have an IRS form 1099-B that does not report cost basis or date acquired?   There are cases when the issuer of the IRS form 1099-B does not have the information or is not required to report the information that they have.     You may have to refer to your personal records including sales tickets to locate the information that is needed.   You may enter an IRS form 1099-B into TurboTax Premium Online on a One by one basis by following these steps.   Down the left side of the screen, click Federal. Down the left side of the screen, click Wages & Income. Click the down arrow to the right of Investments and Savings. Click to the right of Stocks, Cryptocurrency, Mutual Funds, Bonds, Other (1099-B). Click Add investments. At the screen Save time and connect your financial accounts, click Enter a different way. At the screen How do you want to add your docs?, click Type it in myself. At the screen OK, let’s start with one investment type, select Stocks, Bonds, Mutual Funds.  Continue. At the screen Which bank or brokerage is on your 1099-B, enter the information. Click Continue. Do these sales include any employee stock, click No. Do you have more than three sales on your 1099-B, click No. Do these sales include any other types of investments, click No. Did you buy every investment listed on your 1099-B, click Yes.  Click Continue. At the screen Now, choose how to enter your sales, select One by one.  Click Continue. At the screen Look for your sales on your 1099-B, click Continue. At the screen Now enter one sale on this 1099-B, enter information. Click Continue. Enter the information.  Select The cost basis is incorrect or missing on my 1099-B.  Continue. At the screen We noticed there's an issue with your cost basis, select I know my cost basis and need to make an adjustment.  Continue. Repeat as necessary by clicking Add another sale.  Click Continue.    

Your understanding is correct.  You should only be entering the Traditional IRA contribution into your 2025 tax return.  TurboTax will determine whether the contribution may be deductible.  If it is not deductible, it will automatically be considered to be non-deductible, or you may see a question about choosing to make it non-deductible.     You should not enter any information in your 2025 return with regard to a Roth IRA.  You will report the conversion on your 2026 tax return since it was converted during 2026.   For reference, take a look at the following TurboTax help article:   How do I enter a backdoor Roth IRA conversion?   @zhilingzeng   

On devrait tous faire des plaintes à l'office des consommateurs, ils vendent un logociel quivest supposé être prêt à être utilisé quand ImpôtNet est ouvert et on est presque un mois plus tard et ils ne sont pas à jour....il y a quelque chose d'illégal la dedans.

Hi, Thanks for your answer, but  this is not the screen I get in the TurboTax Desktop Premiere version - in my program, the cost of the property has already been autofilled from the previous year's return, and I am first asked to "verify" that. Then there are a couple of screens asking about special handling, and I get to a "Sales Information" screen that asks me to allocate expenses between the house and the land.  There is NO WHERE that the program indicates where I can "adjust the cost basis" from the previous year's information. It appears that this year's program has failed to account for this step. So it seems that my only solution is to add the cost of improvements to the selling expenses, which I then allocate between house, land, and other assets sold along with the house (new heater, etc). But I feel like this inflates my "sales expenses" to an unusually high amount (we did quite a bit of improving) and might be a red flag?

In TurboTax Home & Business Desktop for 2025, the self-employed health insurance premiums deduction is entered through your business income and expenses area, not directly on the Schedule 1 worksheet. To enter your self-employed health insurance premiums, follow these steps: 1. Go to the Federal Taxes section, then select Wages & Income. 2. Choose I'll choose what I work on if prompted. 3. Under Business Items, find Business Income and Expenses (Schedule C) and select Start or Update. 4. Continue through your business information until you reach the Business Expenses screen. 5. Select Start or Update next to All Other Expenses. 6. Enter your total self-employed health insurance premiums in the field for Self-Employed Health Insurance Premiums. This will automatically carry over the deduction to Schedule 1, line 17, and the box will be filled by the software. You can't edit that box manually because it is calculated based on your entries in business expenses.

Thanks for the reply.  I found an article in the forum.  I did not folow it correctly at first , thus not able to fix it.  But after re-reading it, i found my problem and corrected the issue.  This way is also easier to fix in the 1099-DIV.

your path to enter SE health premiums is not in 2025 Home ^ Business desktop version. How do I get it entered. In the 20 years, I've been filing as a self-employed individual using TurboTax I have never had this problem. What happened? How do I get the number entered?  

Bonus depreciation from a cost segregation study is handled by entering each asset from the study separately in the depreciation section of TurboTax. TurboTax will automatically apply any eligible bonus depreciation for the shorter-life assets when you enter the cost and placed-in-service date.

If you have received a second W-2 from the same employer due to a payroll provider change, you should enter both W-2s separately in TurboTax. Here’s how to handle this: 1. Go to the Wages & Income section. 2. Select Add a W-2 for each form. 3. Enter the details exactly as they appear on each W-2. If the federal wage info on both forms is the same but state or local info differs, enter all info from the most complete W-2, then add the differing state or local details on the same W-2 screen. Keep both forms for your records. This ensures that all income and tax withholding is reported accurately.

It depends. For tax reporting involving oil pumping locations, there's no general requirement to provide the physical address of where the oil is pumped when filing taxes in TurboTax. However, if you are reporting specific activities such as Foreign Base Company Oil Related Income under IRS rules, geographical location details might be needed on certain tax forms for compliance. Typically, TurboTax doesn't ask for the exact pumping location address for ordinary individual tax returns. If needed, you would provide any required location information such as longitude or site details on specialized forms like Form 8911 or during business-specific filings. Ensure that you follow the IRS instructions for any specific forms related to oil or energy activities, and enter information accurately as requested within TurboTax.

Not sure why you stick to 1099-MISC. I just wanted to know where the ordinary income from ESPP sale I entered in the TurboTax is shown on the tax return. This ordinary income has nothing to do with 1099-MISC. Now I know where it is shown. Did I misunderstand your reply? Thanks for your help.