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@ nsha  and @ mstsuzanne      For future reference, IMO it's faster and easier to file an extension request and payment at either the IRS Direct Pay website or from inside your online IRS account.  Those methods are also available sooner each year than in TurboTax.   If using IRS Direct Pay, in the form there select "1040 Income tax".  When it asks the "reason for payment," choose "extension" and choose the correct tax year the payment is for. It will then ask for some bits of info from a previous tax return (you choose the year)  to verify your identity.  You can pay directly out of your bank account for free.  There is a service charge if you use debit/credit card.   Be especially aware of any fee for credit card, which can be kinda hefty if your payment is large.   Print out the confirmation when you finish and save in your records.     https://www.irs.gov/payments   Or you should be able to make the extension request and payment inside your online IRS account (if you have one) in the Payments section.   Again, there is a form to indicate the "reason" for the payment, so choose "extension."   For the sake of completeness, if someone has a Treasury EFTPS account, it can be used to make an extension request and payment.  

Sounds like you've got it figured out. Entering a higher cost basis is tempting but remember that the IRS still has your 1099-R (or maybe not). Ref: Form 8960 vs. the 8960 Worksheet: For my 2025 Premier desktop version, my directions are still valid. Do either of the following work for you? I suspect you weren't able to enter the NITT on the Worksheet was because one has to Right Click and select Override on Line 5b. Alternatively, Double Click on line 5b in Form 8960 immediately opens the Worksheet. On Line 5b of the Worksheet, Right Click and select Override and enter the NITT. Once entered, Form 8960 shows the subtraction for the NITT. Before I discovered the Worksheet, trying to Override line 5b on 8960 caused an error when doing the review. Regards

We just tried to do this and it’s not even possible to delete the file. It’s asking for our state/local ID on the crossover but everything is blanked out, it won’t allow us to type on the file. No we are not using Internet Explorer, we’ve tried it on different devices, and cleared the cache/cookies. I’m on the phone with a representative and all I hear is construction. Is there a real answer to this?

It appears you may have accidentally triggered Form 5329 that is now in the background, so you will need to delete it, as well as your Form 1099-R entry and then re-enter your Form 1099-R. Here are the steps to follow:   To delete Form 1099-R and Form 5329:    Go to Tax Tools on the left hand panel inside of TurboTax Click on the down arrow and scroll down to Tools Click on Tools and select Delete a form from the menu items that appear in the Tool Center Click on the trash can icon to the right of Form 1099-R, then Form 5329   Next, if one of your 1099-Rs covers your entire RMD, you can use it to satisfy reporting your full RMD as follows:   Return to Income, then click the down arrow to the right of Retirement Plans and Social Security Select IRA, 401(k), Pension Plan Withdrawals (1099-R) in the Federal Income section Click on +Add a 1099-R and input the 1099-R from which you took your entire RMD Click Continue as you complete the interview entries "Let's get more information about your Required Minimum Distribution (RMD)", enter the amount of your RMD (no extras) that was due by December 31, 2025, Continue On the next screen, "How much of this distribution applied to your December 31, 2025 RMD?", select, "The entire distribution...", Continue Note: To prevent TurboTax from double-counting your shortfall, only enter the RMD amount specific to this 1099-R. If you have multiple accounts, do not enter your combined total RMD here; the software will aggregate those totals for you later. When you reach, "Review your 1099-R summary, Continue (not the pencil) When you reach, "Let's go over any required minimum distributions (RMD)", Continue (not the pencil)   If one of your Form 1099-R distributions covers all RMDs for 2025, you can enter the full amount of the RMDs (no extras) in the first Form 1099-R distribution above and then skip the second Form 1099-R questions about RMD by entering zero at step 5 above and just Continue through the remaining questions.

The rejection code you received refers specifically to the requirements for material participation in a business activity in order to report a net loss on your tax return or to report expenses from gambling as a business activity.     Under current law, if you are a professional gambler, you can only deduct gambling business expenses on Schedule C to the extent of winnings. With passage of the One Big Beautiful Bill in July 2025, beginning in 2026, your deduction for gambling losses is limited to 90% of your qualified losses which are limited to your winnings. If you are not a professional gambler, you can only deduct losses to the extent of winnings on Schedule A if you itemize your deductions.   How to Fix SC-F1040-023-01 (Material Participation):   Indicate Material Participation: In TurboTax, go back to the Schedule C input section for the business/activity. In the section that describes the business, ensure you check the box or answer "Yes" to indicate that you "materially participated" in the operation of the business IF that is the case. Review Losses: If the activity is gambling and you are reporting it as a business, you must meet stringent material participation tests. You can resubmit the return for e-filing once this issue is resolved on your return.   Please see this TurboTax tips article and this Intuit article for more information on reporting gambling activity as a trade or business.  

Use the Michigan State estimator, depending on how much qualified retirement you have it will max out at $98846 this year for people born between 1946-1966.  The only one you are not eligible for is the last bullet, Annuities because you are not 65 yet. “Your best option is a deduction on Form 4884 Section D in the amount of $98846. Complete Form 4884 and include with your tax return.”   7 - Normal distribution Eligible distribution, if it's a normal distribution from a plan, it's a distribution from a traditional IRA, the participant is at least 59½, Roth conversion if the participant is at least age 59½, it's a distribution from a life insurance, annuity, or endowment contract, the person is 65 and part of a series of mainly equal periodic payments made for the life of the employee or the joint lives of the employee and their beneficiary. Tax Year Taxpayer/Oldest Spouse Date of Birth Phase-In Subtraction 2023 January 1, 1946 - up to 25% 2024 January 1, 1946 - December 31, 1962 up to 50% 2025 January 1, 1946 - December 31, 1966 up to 75% 2026 (and beyond) N/A up to 100%  

TurboTax Online will not allow bringing the accounts together when you actually have tow logins. These accounts are not made to be combined when a different account is set up.  I need help signing into my Intuit Account You an sign into your old account to review, print or download a copy of a prior year. The steps below should help you print your forms and worksheets.   You can print a copy of your return with the schedules and worksheets by following the below steps:   Sign in to your TurboTax online account  Scroll down and click 'Add a State'  (This is just a way to get you back into your tax return) Next select 'Tax Tools' (left column) and then 'Print Center' Select 'Print, save, or preview this year's return' Check the boxes for your Federal and State returns (this will open further options) Choose to include the government and TurboTax worksheets  Then click 'View or Print Forms'

If TurboTax is not letting you continue, you can try the following: Go out of your program and go back in. Clear your cache and cookies. Try a different Web Browser.   @user17722436803 If you are using TurboTax Desktop make sure all updates have been run on your program. You can do this by clicking on "Online" in the black bar across the top of your TurboTax screen. And then select "Check for Updates". If you have any additional questions or information regarding this please return to TurboTax Community and we would be glad to help.

If the import process is not recognizing the digit notation of your 1099-B, you can manually enter the form - follow the below instructions for your product type.    Manually enter your 1099-B in TurboTax Online by following these navigational steps: Tax Home Federal Income Investment and savings Select Start next to Stocks, Cryptocurrency, Mutual Funds, Bonds, Other Select (+) Add investments Select Enter a different way Select Type it in myself Select Stocks, Bonds, Mutual Funds, select Continue Proceed through the question screens to enter all your 1099-B info. Manually enter your 1099-B in TurboTax Desktop by following these navigational steps: Federal Wages & Income Select I'll choose what I work on Investment Income Select Start next to Stocks, Cryptocurrency, Mutual Funds, Bonds, Other Select (+) Add investments Select Skip Import Select Stocks, Bonds, Mutual Funds, select Continue Proceed through the question screens to enter all your 1099-B info.

To remove medical expenses in TurboTax, use the "Delete a Form" feature within "Tax Tools" to remove the Medical Expense Worksheet. See How do I view and delete forms in TurboTax Online?   Alternatively, navigate to "Deductions & Credits," select "Update" next to medical expenses, and delete the entries. Ensure you have not yet e-filed, and remember that medical expenses are only deductible if you itemize.

Thanks for the instructions for switching from Turbotax Online to Desktop. I went back and realized I had already paid for the Online version in order to access the forms to review while I was working. So I didn't want to pay again for the Desktop version. I ended up just filing using the Online version this year. But next year will I be able to just start in the Desktop version rather than continuing to use the Online version?

Solutions are not the same for everyone for various reasons. A solution can be to enter summary transactions if you have many transactions. If necessary this option should be simple once you have your transactions totaled by holding period.   Your brokerage statements should include a summary of your transactions, grouped by sales category, for example, Box A short-term covered or Box D long-term covered.    Holding Periods: Long term is a holding period of more than one year (one year plus one day) and receives capital gain tax treatment (0%, 10%, 15%, 20% depending on your regular rate of tax) Short term is a holding period of one year or less and receives ordinary gain tax treatment (your regular rate)  You can always use direct entry if you choose, with summary totals.  The only exception is wash sales, which must be entered separately, if you have any. Where do I enter Form 1099-B? (Ignore import) How do I mail Form 8453? (review if alerted) @maiden1134