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Thank you again.  What confuses me is that TurboTax calculates my depreciation for Tax year 2025 as a positive expense on Schedule E, but when trying to account for years lost of claiming depreciation, the amount on Line 19 for the Section 481 Adjustment is a negative amount (example -25,836) It totally counters my other expenses already entered like Management Fees, etc.

No, you cannot claim some 2025 expenses split between 2025 and 2026.  You can only claim them in 2025.  Also, the Energy Efficient Credit is no longer offered in 2026.   Here is how you can enter the cost for the credit: 1. Upon opening TurboTax, choose Deductions & Credits on the left side of your screen, then Deductions and Credits Summary 2. Locate Your Home  3. Start/Revisit Home Energy Credits 4. Complete the interview to enter your costs.   Here is an article that may be helpful: Energy Efficient Home Improvement Credit (EEHIC)

Yes, after reading this more closely, California did not conform to the federal change. Therefore, California maintains the old 40-year ADS recovery period for residential rental property, regardless of whether it was placed in service before or after 2025. I missed that in my previous post.   In answer to your question, If California does not conform to the 30-year federal ADS for residential property (keeping it at 40 years), the California AMT calculation should also follow that 40-year period to remain consistent with California’s own AMT depreciation rules.        

The income on the returned overcontribution must be reported in the year of the contribution.  They will send you the 1099-R for 2026 because you are receiving the distribution in 2026, but it will be coded so that you will have to amend your 2025 tax if you do not report the income this year.  

Hello MN13, I would be sure that you only have numbers in boxes 15-20 and not any letters on the state portion of all forms. This will confuse they system and make it think you need to complete an additional form. Let me know if this helps...

Thank you, however still no joy. Actually I have already been verifying that the Allow Local network was checked.   I have done the following: Turned off Lockdown mode on my Mac Disabled the Mac's firewall Turned off Sophos Home Added a bypass rule to my external firewall Basically exposing the poor Mac into the wilds of the Internet for the duration of the test. Still the same result: 590. Consistent with all the other tests, I can see each of my Merrill accounts, give consent, and receive an e-mail from Merrill indicating they've received my consent. Clearly I am getting successfully logged in to Merrill but it would seem the browser component is failing to either initiate the download or pipe the data back to the app.   I have also done the uninstall/reinstall and that doesn't change anything either.  Is there any diagnostic ability (logs or anything) that would help me to see exactly what is failing? If this information is available to me, I am happy to share it with Intuit to so as to improve the product. TurboTax is extremely frustrating to deal with when it doesn't work and doesn't give any hints as to why. Pretty please???   --Larry

Let's try everything: Personal info section Check your date of birth Full time student Someone else can claim ne Jump to Kiddie Tax: Go through the interview questions again. When you reach parent's filing status, use the dropdown or options and select the answer. If you are still struggling: A full or corrupted cache can cause problems in TurboTax, sometimes you need to clear your cache (that is, remove these temporary files). Online version: Delete the form, see How to Delete   Log out of your return and try one or more of the following: Don't use Internet Explorer. Clear cache and cookies, Sign in using a different browser. Sign in using a different device. Log back into your return. Enter the information again.  Desktop version:  Delete the form Save your return while closing the program. Update the program Open Enter the information again.

I spoke to an agent on phone. Had to pay again online through Max. My taxes have been filed. Thank you for the help. He said I MAY be able to obtain some refund, but it is doubtful at this point. I'm really, really, really very much, quite unhappy with the no-run on Win 10., even though I have the extended support option from Microsoft. Certainly not your responsibility as Support Agent, but you are the Front Line! I am well acquainted with being there. I was in that position for most of my work life. Again, Thank you for the help. TAXED_GARY

I'm using the desktop version, and looks like I misread it as MM/YY.  Yes that works.  Thanks!   Another question, though -- I saw another thread here about entering these donations as somehow counting towards taxes paid on the federal return, but that only applies if you are taking itemized deductions on the federal, right? 

Follow these steps:   Enter the 1099-R with Box 7 as "G". The box not being checked is common with automated imports. After entering the form, click Continue. On the "What Did You Do With The Money?" Screen, select the option that says "I converted this to a Roth IRA" or "I moved the money to a Roth IRA". TurboTax should calculate the taxable amount. If the 1099-R says the full amount is taxable, ensure the summary shows this amount as a taxable conversion to a Roth.  Verify that the amount appears on Form 8606, which handles Roth conversions.

I have tried using my PC and my MAC, same crap. NOW PC with WIN11 will not open 2024 nor 2025.   Piece of everlasting feces. REBOOTED 10 times easily. Updated software and now nothing after the reboot. 7 days of crap Message: It is taking a minute then it disappears and goes to have cigarette it feels like to me  

I had this exact same issue. I entered a few 1099-Rs for a two 401k Rollovers yet the system forces me to complete a M1QPE. Neither 1099-R had anything to do with a public entity, nor a pension, it was a run of the mill rollover. Nor did the 1099-Rs have any taxable amounts. The system would let me "Delete Form" to remove the M1QPEN but then it would trigger an error and prohibit me from filing. The only true fix was to remove all the 1099s - which of course I don't want to do. I either had to complete the M1QPEN erroneously, or delete out material information.    So I spent FOUR hours on the phone and chat with absolutely no luck. Total waste of time. I even saved the conversation as a PDF so I can evidence the absurdity of some of the "tips" to fix the issue. Anyway, when it was all said and done I simply filed the return and include the M1QPEN (marking any fields in "0" or "None of the Above"). 

To amend your return, you must first wait until the IRS has fully processed your original return and you have received your refund or paid any tax due. If you try to make changes while your return is still pending or being processed, it can cause significant delays and confusion with your account. Once the original return is finalized, you will use Form 1040-X to report only the specific changes you need to make, such as adding a missed W-2 or changing your filing status.    To prepare your amendment in TurboTax Online: 1. On the Tax Home screen, scroll down to Your tax returns & documents and select the year you want to amend.  2. Select the Amend (change) return dropdown, then Amend using TurboTax Online. If you're told to amend your return via TurboTax Desktop, follow the steps for TurboTax Desktop instead.  3. Continue through the screens, make the changes you need to make (see below), and carefully answer the remaining questions to finish amending your return.  4. Review your changes and follow the final steps to e-file or print and mail your amended return as directed by the program.   The change in #3 above is adding a Schedule C.  Here is how: Navigate to Federal > Income > Wages & Income Summary > Self-employment income Answer "Yes" to the question "Did you have any self-employment income or expenses?" Give a description of the business Answer all the informational questions until you get to the screen  "Let's enter the income for your work."  Here, enter that you received common income- Other self-employed income, including cash and checks; then enter what you were paid. Once you've entered your income, type in your expenses in the proper categories, TurboTax Online will recommend popular categories, but refer to your records to ensure you are deducting all of your expenses.