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I sold ETF in 2025 and received K-1, after fill up turbo tax (refered to other people's guide) but form 6252 was generated, anyone knows why? I refered to: https://ttlc.intuit.com/community/taxes/discussion/received-a-k-1-and-1099-b-for-selling-all-shares-in-a-ptp-etf-please-help-me-check-my-work/00/3706960 https://ttlc.intuit.com/community/taxes/discussion/re-help-filing-final-k-1-form-due-to-trading-uvxy-etf-in-2024/01/3707247/highlight/true#M1371714    

Last year (TY 2025), I sold close to $500,000 in stock, nearly all of which was long term capital gains reported to the IRS.    This shows up correctly in TT for my Federal Return, but doesn't seem to register at all when I click in to State Taxes to work on my WA return. TT also completes its "State Review" with no errors, and says I am due a refund of $0 (and don't need to file a state return).   What is going on? How do I get TT to recognize that I owe WA cap gains excise tax on my cap gains?   Thanks!

I'm trying to file for 401k over contribution excess amount correction, I have already withdrawn the excess amount but didn't receive a corrective 1099-R. My excess contribution was split between traditional 401(k) and Roth 401(k). For traditional 401k excess amount, I reported the number in the "Miscellaneous inform, 1099-A, 1099-C" section. For Roth 401k excess amount, there is a "Roth 401(k) taxable amount" (interest) component and a "Roth 401(k) non-taxable amount" component. For the "Roth 401(k) taxable amount" component, I reported the number in the "Miscellaneous inform, 1099-A, 1099-C" section. I'm guessing I don't have to report anything for the "Roth 401(k) non-taxable amount" component since it should already be reflected on W2. Can someone help me confirm if this is the correct way to do it?

I'm trying to open my 2021 Georgia State Taxes.   I reinstalled TurboTax desktop; however, when I try to open my old .2021 file, it tries to download the state software, but fails: 1.  Let's get your georgia state files 2. then it says Hmm... it looks like we’ve hit a slight snag Please try again or check back in a bit.   Try Again For answers to your questions, visit us at TurboTax.com/support. If you can’t reach us online, give us a call at 1-800-4-INTUIT, and select the option for TurboTax.   3. support said when they clicked it on their side, it also didn't work   help!

This was a bug in last year's Turbotax but I ran into it again this year. When you are done with a couple's tax returns and are at the screen to print the tax returns. There is an issue with Turbotax not printing the selected spouse, it always prints one of them that was not selected.  I believe you have to close Turbotax and start it again so you can select the other spouse to print. I do this after Saving the tax returns so it could be related to that being done first.   Also, when checking a T5008 Turbotax doesn't prompt you to enter the disposal date until the tax return checking stage.  Could it not flag that as something that needs addressing while you are in the T5008 verification stage.   One more issue, seems like Turbotax calculates your 'income' from T5008 incorrectly.  It just put on $200,000 at the sum to start for some unknown reason.  Later it calculates the capital gains correctly but I have no idea why it originally showed $200,000 as the gain.  The actual figure was nowhere close to that amount.   Thank You  

The system generated my Californian 8453-LLC. It correctly marks that my tax return is self prepared. But it also shows "paid preparer " as checked. I wonder if this is because I marked that I paid $55 for tax prep last year - because I bought TurboTax. 1. Can I claim my purchase of TurboTax software as the "Tax preparer" fee? 2. is this the reason this line is checked? and is that okay that the actual field is empty (No ERO's PTIN)?