All Posts

It depends: Property you purchased and held as an investment, can deduct a loss. Property owned by your business, can deduct a loss. Personal property you use, can not claim a loss. If you had an allowable loss, it is entered under the investments section.   Reference: Where do I enter investment sales? Do I need to report inherited property or land?

At the end of the interview for the 1095-A, on the Summary page, check to make sure you haven't entered the 1095-A twice.    If not, dd you share your Marketplace policy with someone who is not on your tax return?  If so, they needed to enter the 1095-A on their return also.  If that applies, in the 1095-A interview you both can indicate that you 'shared' the policy and give the SSN of the person you shared with.     If this situation doesn't apply, you could reach out to the Health Insurance Marketplace at 1-800-318-2596. They can verify the status of your policy and correct any errors in their records.   @jeremyjohnston625     

This is ridiculous.  I have over 1000 capital asset transactions and I will have to check NO for Is this a digital asset for every single one.  I don't understand this.  This was not part of the capital asset worksheet in last's years desktop version

@ Bill_Bright  wrote:  ""Ummm, 12 pages going all the way back to 12/28/25,""   That tells me your settings are somewhere closer to 15 comments per page.  Mine is set at 30/page so it displays as 6 pages.   The number of comments on a page is user-defined and customizable.   If anyone wants to adjust that and many other available settings that can be customized, in the top right corner click on the "3 heads" icon and choose My Settings.    The number of posts per page is under the Preferences tab then the subtab "Linear Layout."

The 2025 Form 1040X used to amend your tax return won’t be available until the end of next week. You can check for Forms availability by reviewing the TurboTax article When will my individual tax forms be available in TurboTax?   Wait until your tax return is fully processed and you receive your refund or your balance due is deducted from your account before you prepare your amendment. For more information and instructions, review the TurboTax articles How to Correct Federal Tax Returns, How to File an Amended Tax Return with the IRS and Video: How to Amend Your Tax Return.  

Still not showing on the desktop version -- just required books/optional books options to fill in. I just updated a few minutes ago. Also, seems to be counting any amount I put in "optional books" as required books for the calculation of the AOTC (line 4 on the form "books, supplies, equipment"). If I put an amount in "required books" it shows up on Line 3 "Paid to other than the institution or not as a condition of enrollment") which seems completely backwards. 

The 2025 Form 1040X used to amend your tax return won’t be available until the end of next week. You can check for Forms availability by reviewing the TurboTax article When will my individual tax forms be available in TurboTax?   Wait until your tax return is fully processed and you receive your refund or your balance due is deducted from your account before you prepare your amendment. For more information and instructions, review the TurboTax articles How to Correct Federal Tax Returns, How to File an Amended Tax Return with the IRS and Video: How to Amend Your Tax Return.  

The 2025 Form 1040X used to amend your tax return won’t be available until the end of next week. You can check for Forms availability by reviewing the TurboTax article When will my individual tax forms be available in TurboTax?   Wait until your tax return is fully processed and you receive your refund or your balance due is deducted from your account before you prepare your amendment. For more information and instructions, review the TurboTax articles How to Correct Federal Tax Returns, How to File an Amended Tax Return with the IRS and Video: How to Amend Your Tax Return.