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Do you have a 1099-DIV with an amount in Box 5?  Qualified business income (QBI) is the net income or loss from a trade or business. This includes income generated from partnerships, S -corporations, sole proprietorships, and some trusts.  A Real Estate Investment Trust (REIT) may be a part of a mutual fund you own.  

Merci beaucoup pour votre réponse @TurboImpotVeronique, ce que vous dites fait beaucoup de sens et jusqu'à temps que je commence la déclaration d'impôt avec TurboImpot, c'est comme cela que je croyais que ça fonctionnait.   Toutefois, dès les premières pages dans le mode EasyStep, le logiciel pose cette question qui a fait dérailler mon raisonnement. On spécifie explicitement une date de "décès en 2025 ou 2026". Pourquoi? Lorsque je préparerai la déclaration de 2026, je vais utiliser le logiciel pour l'année 2026, pas celui de 2025.   "Dans le cas d'une déclaration de revenus d'une personne décédée, entrez la date du décès en 2025 ou 2026."   Merci pour les liens, je les ai ou les avais consultés, ils sont très claires sur les déclarations à produire pour l'année du décès (déclaration finale, déclaration T3, etc.), mais ils sont peu bavards sur les déclarations des années précédent le décès.   Le seul paragraphe que j'ai trouvé à ce sujet à l'ARC est le suivant: "Si une Déclaration de revenus et de prestations T1 de toute année antérieure à l'année du décès n'a pas été produite, vous devez aussi vous assurer qu'elle est produite."   Au Québec, dans le guide IN-117,  la section 1.3.2 spécifie bien que les déclarations des années précédent le décès doivent être transmises si ce la n'a pas déjà été fait.   Dans ni un ni l'autre des cas on spécifie si une date de décès doit être indiquée, mais comme il semble que cette date doit être incluse uniquement dans la déclaration finale, je ne la mettrai pas même si TurboImpot la demande.   Merci!    

Thank you for the information. Could you please let me know how I can request a refund from TurboTax? Their website indicated that filing for 2020 was still possible if I purchased the software for $27, which I did. Thanks again for your help! 😊

To do a FORM view, you will have to get the TurboTax desktop version.  The Online version does not have it.   However, you can see your 1040 tax form in the Online edition. You can view your 1040 tax return and the supporting three schedules in the online version of TurboTax. On the left menu, scroll down to Tax Tools. If necessary, click the side arrow and select Tools.  A box will appear in the middle of the screen. Select View Tax Summary. A tax summary will appear. On the left side menu bar, select Preview My 1040. This will bring up a copy of your 1040 Tax return. If you continue to scroll down, Schedules 1,2 & 3 are available if they are required. Some key numbers on the form are: Taxable income is line 15 Total tax is line 24 Federal Income Tax withheld is line 25d Tax credits are listed on 27 - 30 If there was an underpayment, there may be a penalty Refund is posted to line 34 Amount you Owe is line 37    

Maybe. For 2025, there were many home energy credits available for qualified items. Some windows qualify. Here is the link for windows that qualify. Sometimes a window will qualify in one area of the country but not another. You should check what you purchased and if they qualify. You will also need the Qualified Manufacturers ID number. You may find it easiest to contact the seller for your information.   For all home improvements that qualify, see Energy Star. Reference: About Form 5695, Residential Energy Credits

The NJ 2450 form for excess amounts for NJ insurances is only filed if you have more than one employer.  This form can be filed with your tax return and the amount of the refunded insurances is included in your total refund already.  Unfortunately, your NJ return will needed to be mailed in.  Instructions that will get printed with your NJ return will tell you what you need to do, where you need to mail the return, and what forms you will need.  A copy of both W-2 forms will get mailed in along with the 2450 form (that needs signed and dated) along with your NJ 1040 (that will also need signed and dated.   The wording on the TurboTax page is stating what you need to do if you only had one employer and you had excess NJ insurances withheld.  In that instance, you would have to work with your employer to get the excess insurance payments refunded and you wouldn't be allowed to file NJ 2450.

This is how you enter your contribution to your HSA outside of payroll:   In TurboTax Online, open your return Click on Search (magnifying glass icon) at the top right of your screen In the Search box, enter HSA and click Enter In the search result box, click on Go to HSA TurboTax will take you directly to the HSA section On the next page titled Select the health-related accounts you had in 2025, check Health Savings Account (HSA) and click Continue On the next page titled 1099-SA Summary, click Continue You will then have a page titled Let's enter your HSA contributions with a box to enter your HSA contributions made outside of payroll (see screenshot)

According to the IRS Pub 527 - Adjusted Basis, because the property was not available to be rented until December 15, 2024, any costs for repairs or improvements that you incurred increase the basis of the property and should have been entered as a separate Rental Asset (improvements).    To correct this situation, you would need to file an amended return for 2024. The expenses that were deducted last year would be removed and the total expenses instead added as a separate rental asset for depreciation.   You would then report rental expenses incurred in 2025 on your tax year 2025 return, plus depreciation on your rental assets.   Additional information: Where do I enter income and expenses from a rental property? What kinds of rental property expenses can I deduct? How do I handle capital improvements and depreciation for my rental?

Yes, but you will have to request it through the IRS. You will have to contact the IRS to update your agreement. Use the IRS Online Payment Agreement application to revise  Payment amounts,  Dates, or  Add new debt. The IRS requires all  tax liabilities be combined into a one payment plan. Interest and penalties will continue to accrue on the new, unpaid balance. WARNING: If you don't add the new tax debt, the IRS may consider your agreement in default, and require payment in full.

I overcontributed $2333 nondeductible in error in 2021 over the $7000 allowed , but I did not take a distribution until 2025. I took a distribution of $6000 in 2025. I did not file a 8606 form in any of the years 2021 through 2024. I have prepared form 5329 to file now for each of those years to pay the 6% penalty.     My question is how do I enter this in TurboTax desktop so that the $2333 in not taxed again? The taxable amount of the $6000 2025 distribution should be $3667 shouldn't it?  Is form 8606 required (I have never filed it before but it shows in the carryover worksheet).