All Posts

@troy9173 wrote: If there is no update over the next month, this will be my last year using Turbotax after 20 years.  Removing  IDeductible and not providing an import feature will be the last straw. Yeah, but the problem is no other software has the import feature either.  As a result, switching won't do you much good; you'll face pretty much the same situation.

Do not use an old account that was used for previous joint returns.   There is too much embedded "spouse stuff" and you will get errors.. You need a new account with a new user ID.   And by the way----how did you file for 2024?    If you were divorced before the end of 2024  (you say Jan.  2024) you should have filed as single for 2024.

@NAbramo wrote: where exactly is the form in TurboTax?  How do you get to it? If you have qualified children under the age of 18 being claimed as dependents, in the File section of the program, after completing your tax return, on Step 2, you will have the option to open a Trump account.

Hello BillM223, Thanks for your reply. Yes, I had HDHP coverage for all 24 months of 2024 and 2025, but that you did not create and fund your HSA until April of 2024. Thanks. I will check "Self" for all 24 months. I use TurboTax Online. But currently, I don't find the place to double check it. Thanks.  Best regards, Lei  

rather than New Tax Return / Begin / transfer etc, instead try Open Tax Return and select the .tax2024 file and you should get a prompt that it's from prior tax year and ask if you want to transfer it to a new return.  That method has proven more reliable for folks have trouble with transfers this year for whatever reason on Mac.

You cannot change or add anything on the return that you just e-filed, nor can you stop it.  It is too late, just like when you put an envelope in a US mailbox on the corner.  The IRS does not allow you to take it back.   If you left out a W-2, a 1099G, or a dependent, or a 1099 etc…DO NOT change your return while it is “pending.”  The changes will go nowhere.   Now you have to wait until the IRS either rejects or accepts your return.  If your return is rejected, you will be able to go into your account and make the necessary changes to your tax return and re-submit your return.     If the IRS accepts your return, however, then you have to wait longer until it has been fully processed and you have received your refund.  THEN you can prepare an amended tax return and e-file or mail  it in. You have to be able to work from that return exactly the way it was when it was e-filed originally.  You will need to use a form called a 1040X.     Meanwhile, DO NOT go in and start changing anything on your return in the system, or you will make a mess for yourself.  Sit tight and wait until you see what the IRS does with the return you just e-filed   The Form 1040X you need becomes available in late February,  But wait until your return has been processed.

@m4seinberg    FIRST...make sure you are using the right number   ...depending on the license type...check the following pictures provided by NY: Sample Photo Documents | NY DMV _________________ AND, it is not the DMV ID number ______________________________ BUT BEYIOND THAT !!!! Some folks are saying it works if you enter ONLY the first three Alphabetic or Numeric characters....no more than that.

The Family annual HSA contribution limit is shared between the two spouses. That is, one spouse cannot have Family coverage and the other Self coverage and add those together. Instead, the $8,550 for the Family coverage is shared between the two spouses in any way they like (TurboTax does this for you).   So, I see that you have Family coverage and that your spouse likely has Self only coverage. You contributed $9,021 and he contributed $2,350. This comes up to a total of $11,371.   You two must share only the Family coverage of $8,550. The additional HSA contribution limit for those 55 and over goes ONLY to the owner of the HSA. In your case, you both appear to have HSAs. In a sense, this makes your maximum HSA contribution to be $8,550 plus $1,000 plus $1,000, except that you must put at least $1,000 into each HSA, so a max of $9,550 to one HSA and $1,000 to the other.    You might see this TurboTax FAQ for the explanation.   Now that we know that your actual total contribution limit across the two HSAs is $10,550, we subtract the $11,371 contributions from the contribution limit and we get your $871.   So this is the common case of the tax code not working the way you think it does and you thinking that your result is TurboTax's fault.    Instead, please realize that it works the way I explained in the third paragraph above (and in the FAQ), and accept that one of you made an excess contribution (it doesn't matter which HSA you chose), so tell TurboTax that one of you will withdraw the excess. Yes, withdraw the excess - this will be simpler and less aggravating than carrying over excess contributions for years.

@bill-dolan    FIRST...make sure you are using the right number   ...depending on the license type...check the following pictures provided by NY: Sample Photo Documents | NY DMV _________________ AND, it is not the DMV ID number ______________________________ BUT BEYIOND THAT !!!! Some folks are saying it works if you enter ONLY the first three Alphabetic or Numeric characters....no more than that.