All Posts

Since you are reporting gas lease income for Pennsylvania, you should follow these guidelines from the Pennsylvania Department of Revenue:   You may deduct expenses you paid or incurred during the taxable year that are ordinary and necessary for the production or collection of rents and royalties or the management, conservation or maintenance of rents, royalties, patents, copyrights and similar property.   In the case of a gas lease, you can deduct expenses you incur to create the gas lease, such as cost depletion, geological surveys or legal fees associated with the creation of the gas lease.  However, real estate taxes are not deductible expenses because they are personal expenses not directly related to the production of the rental or royalty payments.     You may also deduct percentage depletion based on the income you received. TurboTax makes this calculation for you, but you should confirm the calculation is 15%. The deduction is limited to the lessor of your taxable income from the property without regard to the deduction for depletion, or 65% of your taxable income from all sources without regard to the deduction for depletion.   See the PA link above if you have questions about other allowable expenses.

USER ERROR WITH SOCIAL SECURITY ENTRY We have seen a lot of people who made a user error with the entry of their SSA1099.   The screen right after you enter the SSA1099 asks you if you lived in certain foreign countries in 2025.   If you skipped past that screen or answered incorrectly, your Social Security was not taxed correctly.   Look at your Form 1040 and see if line 6b was left blank due to that mistake.  The IRS is catching those mistakes and correcting them by reducing your refund or increasing your tax due.   It is really so important to read every screen slowly and carefully from top to bottom as you prepare your tax return to avoid errors.

Once your return is filed, TurboTax has no control over the processing or the timing when the IRS releases your refund.    Your refund could be offset. The IRS and State Governments have the ability to offset a refund to pay for certain past due debts.  You generally will receive a letter stating what the offset was for.    The IRS provides a toll-free number, (800) 304-3107, to call for information about tax offsets.   Here are a few FAQs to help you track your refund: When will I get my federal tax refund? How do I track my state refund? Why does Where's My Refund say "approved" but TurboTax still says "accepted"? Why do some refunds take longer than others? What if my IRS refund is taking longer than 21 days?

Sounds like something got stuck. You can try these things:   Log Out Completely: Before doing anything else, click Sign Out in the TurboTax menu. Clear Cache and Cookies: This removes old, "corrupted" data that might be confusing the website. Use an Incognito (Private) Window: This is the most effective "quick fix" because it launches the browser without any saved history or extensions (like AdBlockers) that often interfere with tax forms. Check Pop-up Blockers: TurboTax often opens forms (like the 1099 PDF) or payment windows in a separate pop-up. Look at the right side of your address bar for a small icon with a "red X"—click it and select "Always allow pop-ups from Intuit." Restart the Browser: Close all open windows of your browser entirely and then reopen it.   Most TurboTax errors happen because the browser is trying to use an old "session" from a previous visit. By clearing the cache or using Incognito mode, you force the browser to establish a brand-new, secure connection with the Intuit servers.

My vehicle registration renewal notice includes "Charlotte VFEE" under the "Vehicle Property Tax Information" section of the renewal.  This leads me to believe that the Charlotte VFEE, a fixed fee, is considered a property tax payment.  I believe this fee is used for road improvements and transportation.    Vehicle Property Tax Information County  Mecklenburg  .483100  $35.02 City  Charlotte  .274100  $19.87 City  Charlotte VFEE           $30.00 Property Tax:  $84.89

The only way is you need to have the file ending  in .tax2024 from the old computer.  What do you mean you tried "scanning the files"?  Do you have any backups or use OneDrive, etc?     You need to have the .tax2024 file on the new computer's hard drive.   Usually it goes in the C: drive  Documents in a Turbo Tax subfolder.  Do not put it or save it in Windows OneDrive.  I turned OneDrive off when I upgraded my laptop to Windows 11.  

This article will help you download any data you had in ItsDeductible (if used previously or during the year before it was shut down in October).   A FMV calculator has been added, but it does not have the same functionality as ItsDeductible.    We at Intuit TurboTax want our users to be completely delighted with their experience using our products and services, and successful in their financial lives and businesses. Once you file your return, as long as the settings to receive communication from Intuit don’t block it, you will see a pop-up message or receive an email with a survey asking you about your experience. We encourage you to leave your notes and comments there. “Voice of the Customer” notes and comments are read and acted upon.  If you are using TurboTax Desktop, you can also leave feedback at the Final Steps tab.

If you are using the TurboTax desktop program, all your entries should be made in the Step-by-Step mode and not in the Forms themselves.   If you could let us know which state is causing the issue you are facing and also provide more information about what you are needing to change for the pension/IRA information for that state, that will be helpful in getting the correct advice to you.  Is it a pension/IRA exclusion for the state that is the issue?  Or is it a determination of the taxable amount of the pension/IRA for the state that is the issue?  Any and all information you can give us will be helpful.

Impossible to answer since we cannot see what kind of income you are entering.   We cannot see your screen or the tax return you are preparing.   The Free Edition can only be used for a very simple return that does not use any extra schedules or forms.     TurboTax Online: Important Details about Filing Simple Form 1040 Returns If you have a simple Form 1040 return only (no forms or schedules except as needed to claim the Earned Income Tax Credit, Child Tax Credit or student loan interest), you can file for free yourself with TurboTax Free Edition, or you can file with TurboTax Live Assisted Basic at the listed price. Roughly 37% of taxpayers are eligible. Examples of situations included in a simple Form 1040 return (assuming no added tax complexity): W-2 income Interest, dividends or original issue discounts (1099-INT/1099-DIV/1099-OID) that don’t require filing a Schedule B IRS standard deduction Earned Income Tax Credit (EITC) Child Tax Credit (CTC) Student loan interest deduction Taxable qualified retirement plan distributions   Examples of situations not included in a simple Form 1040 return: Itemized deductions claimed on Schedule A, like charitable contributions, medical expenses, mortgage interest and state and local tax deductions Unemployment income reported on a 1099-G Business or 1099-NEC income (often reported by those who are self-employed, gig workers or freelancers) Stock sales (including crypto investments) Income from rental property or property sales Credits, deductions and income reported on other forms or schedules    Use this IRS site for other ways to file for free.  There are 8  free software versions available from the IRS Free File site   https://apps.irs.gov/app/freeFile/  

Hello again, so we tried in turbo tax following the steps below, we follow and answer all the questions but we never bump into question asking if we withdraw before deadline?  It just showed us the total excess amount and the penalty? Are we missing something? Go to Federal Select Deductions & Credits Scroll to Retirement and Investments Click Start/Update next to Traditional and Roth IRA Contributions Choose Roth IRA Enter your contribution amount  

You must have entered depreciable assets (e.g., vehicles, equipment, buildings) during the business, rental, or farm sections. It is found in the Forms mode (Desktop) or within the Print/Download PDF option (Online). Form 4562 only generates if you added new assets this year, reported listed property, or amortized costs.      For TurboTax Online: Sign in and open your return Select Tax Tools in the left menu, then Print Center Choose Include all worksheets or Complete return to view download the PDF Search for 4562 For TurboTax Desktop/Download: Switch to Forms mode by clicking the Forms icon in the top right Select Form 4562 from the list on the left.

I have a rental property in Hawaii but I'm not a resident of Hawaii. I spent 0 day in Hawaii in 2025. So can I just say $0 of the Texas rental income belongs to the State of Hawaii, since there's not an option to remove it from the form?   

It depends.   HSA distributions can be used to pay for certain medical insurance premiums such as Cobra coverage premiums, Medicare premiums, premiums while receiving federal or state unemployment and long-term care coverage.   They cannot be used to pay for premiums for your employer-sponsored health plan or ACA Marketplace plans.