All Posts

Interesting, thanks for sharing. You got that message about the March 6 timeline from an error on the Turbotax application itself? Or did one of the CS agents share this? I'll check back in later then. Seems crazy to me that it's this buggy this far into tax season.

To enter a Form 1099-MISC that is not for self-employment - Click on Federal (Personal using Home & Business) Click on Wages & Income (Personal Income using Home & Business) Scroll down to Other Common Income On Form 1099-MISC, click the start or update button On the screen Did you get a 1099-MISC?, click on Yes On the screen Let's get the info from your 1099-MISC, enter the amount received in box 3 and continue On the screen Describe the reason for this 1099-MISC, enter a reason and Continue On the screen Does one of these uncommon situations apply? - Select None of these apply and continue On the screen Did the (reason) involve work that's like (your name) main job - Select No and continue On the screen How often did (your name) get income for (reason) - Select 2025 and continue On the screen Did the (reason) involve an intent to earn money? - Select No and continue The amount entered from the Form 1099-MISC will be entered on Schedule 1 Line 8z The total from Schedule 1 Part I Line 10 flows to Form 1040 Line 8

Just spent another hour on the phone with a representative from TT.  She was very kind and gracious, but the only suggestion she was able to provide was to uninstall the program and reinstall it (which doesn't guarantee anything), to delete all of the 1099Qs and re-enter them (which again doesn't guarantee anything), or try to manually override by using the Forms (which others of you have suggested impedes one's ability to file electronically when you do so).  When I asked about getting a refund, she shared that one would have to return to the place of purchase to attempt to get a refund.  I told her it would be a really good gesture by the organization if they would be willing to provide a refund themselves (even a free downloadable credit in the future) as an act of goodwill given all the problems that people have been having.  I doubt that will ever happen.  Customer Service experience:  A+.  Product dependability: F.

Utipsy = Uncommon Tips, Yes Utipsn = Uncommon Tips, No   Did you report tips for this W-2?  If yes, what kind of tips and what type of job?    If you did not receive or report any tips for this employer, you might try deleting the W-2 and enter it manually, (type it in)    It sounds like the program is indicating that you are claiming you received tips for a job that does not normally receive tips. For Tax Year 2025, some tip income may be except from Federal tax. 

What are you looking for?   Her account?   What is HUUP?   Are you looking for her Turbo Tax account?   How to view all your accounts https://ttlc.intuit.com/turbotax-support/en-us/help-article/account-management/many-intuit-accounts-turbotax/L9aVfKS1Z_US_en_US?uid=ll5g6zcx It's common to end up with multiple accounts. First LOG OUT of whatever TurboTax account you're logged into right now. Then use this TurboTax account recovery website to get a list of user ID's for an email address. Run the tool against any email addresses you may have used https://myturbotax.intuit.com/account-recovery/ If you used the Desktop CD/Download program then the only copy is on your computer and not saved or stored online.

I am using TT Premier. I have been importing for years so I am not new at this either.  When I try to import 1099s from Fidelity, I get the same message:  "Success! We got your tax data. You can now return to TurboTax."  But there's nothing there in TT. No data.  I tried this multiple times on three different days starting on Feb 19, 2026 and still have the same problem.

My suggestion is this. Instead of reporting this in the dividend section, report it here to bypass the FEIN requirement.   Navigate to Federal > Wages & Income. Scroll down to Less Common Income and select Miscellaneous Income, 1099-A, 1099-C. Select Other reportable income (at the bottom of the list). Answer Yes to "Any Other Taxable Income?" Enter a description (e.g., "Foreign Dividends - [Bank Name]") and the amount in U.S. Dollars If you are claiming a Foreign Tax credit report in the following manner.    Go to Deductions & Credits > Estimates and Other Taxes Paid.  Select Foreign Taxes and click Start. When asked "Do you want the deduction or the credit?", select Take a Credit.   As you navigate through the screen, Select Passive Category Income (this is the category for dividends and interest). Country Selection: Choose the specific country where the bank is located. if you aren't sure, pick RIC if from a mutual Fund or various.  Gross Income: Enter the same gross dividend amount you entered in Steps 1 when you get to this section Ignore the expenses and the other information listed in this section.  Taxes Paid/Accrued: Select Paid and enter the date (usually 12/31/2025 for the full year's total). Simplified Limitation: If TurboTax asks if you want to use the "Simplified Limitation Election," say Yes—it saves you from complex math regarding "itemized deduction apportionments."    

@mmagan  Gambling losses can only be deducted up to the amount of the gambling winnings. Gambling winnings are reported on Form 1040 Schedule 1 on Line 8b. The amount from Part I of Schedule 1 Line 10 flows to Form 1040 Line 8. Gambling Losses are reported on Form 1040 Schedule A as a Other Itemized Deductions. Gambling losses are not a one-for-one reduction in winnings. Your total itemized deductions reported on Form 1040 Schedule A must be greater than the standard deduction for your filing status to have any tax benefit. To enter, edit or delete Gambling Winnings and Losses - 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 Less Common Income On Prizes, Awards, and Gambling Winnings, click the start or update button

This is not a Schwab issue directly, TurboTax I assume reads XML or CVS. If you log into Schwab account what documents do you see for 1099. Them compare prior years and you will notice only 2025 has PDF, all other years it has PDF, XML and CVS.  I can be wrong but too many years in IT tells me one of these formats is not yet available till this Friday. Crossing fingers cuz I don't want to enter in 20 pages of information.

thank you, this is very helpful. I do have one year where the carryover was 0. If I use my carryover credits sequentially for years up to that entry, does it mean for the "0 year" I would designate that year's as the one to use (and it would have zero effect on mly return), and then the subsequent year proceed to the next? 

First of all, thank you so much for your help!   My taxable income is less than $383,900 for Married Filing Jointly, however my foreign capital gains and qualified dividends are more than $20,000.   Can you explain how the adjustment is calculated so I can confirm the adjustment is correct?