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February 24, 2026
9:09 AM
@17719301947 wrote:
How do I delete an online return that has not been filed?
@17719301947
You don't have to delete the return. It won't go anywhere unless you file it. But if you want ...
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@17719301947 wrote:
How do I delete an online return that has not been filed?
@17719301947
You don't have to delete the return. It won't go anywhere unless you file it. But if you want to delete it you can clear and start over.
February 24, 2026
9:08 AM
Thank you again, but after contacting my financial inst. (Schwab), they indicated that this situation would not require a revised 1099-K for 2025, but for me to take a distribution in 2026 for which ...
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Thank you again, but after contacting my financial inst. (Schwab), they indicated that this situation would not require a revised 1099-K for 2025, but for me to take a distribution in 2026 for which I would receive a 1099-R with a "P" for return of previous year excess contributions. So this raises two questions: 1. What is the tax implication for 2025 - will I be taxed again on the excess contributions for 2025 but then get a refund on them when filing for 2026? 2. Not sure how to document this situation within Turbo Tax for my tax return. Joe
February 24, 2026
9:07 AM
I do not have a 1095-a form for Marketplace insurance as I am on Medicare. How do I fix this on my taxes
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February 24, 2026
9:05 AM
Filed 2/14 and WMR says “still processing” Did anyone update with a DDD after this or got a deposit?
February 24, 2026
9:05 AM
Trying to load investment tax forms fron SEI and Schwab
February 24, 2026
9:03 AM
Thank you SteamTrain for your explanation . My specific situation was as follows: I paid ALL of my “State” estimated tax payments for “2024” (including 2024 4th qtr ) in Dec. 2024. I was trying to ...
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Thank you SteamTrain for your explanation . My specific situation was as follows: I paid ALL of my “State” estimated tax payments for “2024” (including 2024 4th qtr ) in Dec. 2024. I was trying to confirm my responses to two Turbo Tax form questions for “Uncommon Situations”. 1) One TT form said “Select all boxes for State tax payments made in 2025 for 2024”. There was a CHECKED check box that said “2024 4th quarter estimated tax payment during 2025 to a state”. And I UNCHECKED this box since I paid ALL of my 2024 during 2024 – not 2025. 2) The next TT form said “How much of your 2024 estimated state taxes did you pay in 2025”? And I ENTERED “$0” since I paid ALL of my 2024 during 2024 – not 2025. Do you think my entries noted above were correct - including TT form in 2)?
February 24, 2026
9:02 AM
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February 24, 2026
9:02 AM
No, this has been on Turbotax for nearly 30 years of commercial building depreciation. Shows as such in the depreciation reports. This is not something new for Turbotax. I looked back at my last depr...
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No, this has been on Turbotax for nearly 30 years of commercial building depreciation. Shows as such in the depreciation reports. This is not something new for Turbotax. I looked back at my last depreciable big ticket item in 2017 and some from earlier and the step-by-step questions were about the same. I must have had to muddle my way through form 4562, guessing on entries and then generally taking Section 179 each time when I could. I also installed new asphalt in the parking lot in 2025 but that one was easily determined to be Land Improvements and the step-by-step was fine for that. But TT is really lacking on this HVAC depreciation subject for a commercial property owner. They insist the H & B product is perfect for landlords. Not so.
February 24, 2026
9:02 AM
Topics:
February 24, 2026
9:02 AM
Go back to the w2 screens in the federal income section and change the state information there to pull over correctly. Move or delete numbers in that area until your NC is correct. Your resident stat...
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Go back to the w2 screens in the federal income section and change the state information there to pull over correctly. Move or delete numbers in that area until your NC is correct. Your resident state automatically taxes all income and you need the nonresident correct.
Example: w2 form would look like this in the state section
Resident state - total income minus NC income
NC nonresident state -NC income
February 24, 2026
9:01 AM
I am glad so many of you have been able to fix this issue, but I have now tried all of the above suggestions to no avail. I had TT loaded on this Surface previously but due to an oversight on my par...
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I am glad so many of you have been able to fix this issue, but I have now tried all of the above suggestions to no avail. I had TT loaded on this Surface previously but due to an oversight on my part, I had to rebuild the unit from scratch yesterday. Thus, all files are fresh and fully up to date. My system is like the others: Win11, ARM chipset, etc. I also tried loading TT on my wife's exact same PC and it worked perfectly. I have also run through the suggestions on Google AI and had no luck. So, if anyone has any further suggestions to move TT beyond the "OK, we know it's taking a bit more than a moment", I would be eternally grateful.
February 24, 2026
9:01 AM
If your lump sum payment is taxable, you should have received a Form 1099-MISC. Check with the company that issued the payment.
February 24, 2026
9:01 AM
Thank you. I do not feel comfortable deleting the vehichle as it has all the history and is protected for four years. The vehicle was sold on Dec 17 so it was 4 years, or does because it was used in ...
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Thank you. I do not feel comfortable deleting the vehichle as it has all the history and is protected for four years. The vehicle was sold on Dec 17 so it was 4 years, or does because it was used in 21,22,23,24,25 (sold on dec 17) that counts as 5 years and can be 0? I have tried to find the override, but doesnt that invalidate the protection? Both of these solutions seem to put me in harms way and how am I supposed to do that? Is there any other way?
February 24, 2026
9:00 AM
These are personal items sales.
February 24, 2026
9:00 AM
yes
February 24, 2026
8:58 AM
If your Grant was used to reduce the cost of your home purchase, it can be considered to lower your cost basis in the house rather than be reported as current income in the year it was granted, as ot...
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If your Grant was used to reduce the cost of your home purchase, it can be considered to lower your cost basis in the house rather than be reported as current income in the year it was granted, as other users in this thread had noted years ago.
Bank of America's website states "Down Payment Grant program may be considered taxable income, a 1099-MISC will be issued, consult with your tax advisor".
Always respond promptly and directly to an IRS Notice. If you file an amended return in response to a notice but don't directly notify the sender of the Notice, they may not get the information in time to stop the next step in the correspondence audit process. In addition, the agency is currently understaffed, which adds to the delays on their side.
Follow the instructions in the Notice to respond to it as soon as possible.
@ldiaz92
February 24, 2026
8:58 AM
You will enter as an Investment. The IRS treats precious metal are as Collectibles, so they do not get a favorable capital gain tax treatment. See Precious Metals and Stones, Stamps, and Coins.
...
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You will enter as an Investment. The IRS treats precious metal are as Collectibles, so they do not get a favorable capital gain tax treatment. See Precious Metals and Stones, Stamps, and Coins.
To enter PRECIOUS METALS as investment sales in TurboTax Premier desktop:
Under FEDERAL TAXES tab, Wages& Income, select Stocks, Cryptocurrency, Mutual Funds, Bonds, Other (1099-B) under Investments and Savings.
Did you have investment income in 2025? YES
On the Let's finish pulling in your investment income- click on the Add Investment button
On the Let Us Enter Your Bank and Brokerage Tax Documents, click on Skip Import
OK, let's start with one investment type- choose Other then Continue
On the “Tell us more about this sale Precious Metals” Continue
Now, enter one sale for PRECIOUS METALS (using Collectible under What type of investment did you sell?)
To enter PRECIOUS METALS as investment sales in TurboTax Premium online:
From the Federal section, under Wages & Income,
Select Stocks, Cryptocurrency, Mutual Funds, Bonds, Other (1099-B, 1099-DA) under Investments and Savings
On the Let’s finish pulling in your investment income page, click on Add investments.
On the Save time and connect your financial accounts click on Enter a different way
On the “How do you want to add your docs?” click on Type it in myself
On the OK, let's start with one investment type, click on Other and Continue
On the Tell us more about this sale, type Precious Metals
On the Now enter one sale for Precious Metals, complete the information using Collectible under What type of investment did you sell?
February 24, 2026
8:57 AM
Do I have to pay taxes on a lump sum from critical illness insurance that my company paid for? It was a free benefit from my work
Topics:
February 24, 2026
8:57 AM
TurboTax is asking for a transaction that happened 20 years ago. Brokerage doesn't have a record and neither do I. What am I supposed to do?
February 24, 2026
8:57 AM
The TurboTax Free online edition is for very simple tax returns that do not require any other form or schedule other than the Form 1040. If your tax data requires entry on any other form or schedule...
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The TurboTax Free online edition is for very simple tax returns that do not require any other form or schedule other than the Form 1040. If your tax data requires entry on any other form or schedule then you must upgrade to the Deluxe edition or higher.
The Deluxe online edition is $49. Adding a state tax return is an additional $39.
The TurboTax account fees are not based on the amount of the tax refund or the amount of taxes owed.
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