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3 hours ago
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3 hours ago
Look at Part 5 of Schedule 1a.
3 hours ago
Hi, I've already filed my 1040 but I may have a capital loss from the sale of a home that was in a Trust. From what I've read I would need to close out the Trust before filing the K-1? So I have s...
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Hi, I've already filed my 1040 but I may have a capital loss from the sale of a home that was in a Trust. From what I've read I would need to close out the Trust before filing the K-1? So I have several questions: 1) is this the case?, 2) what is the simplest way to add the K-1 and refile with a 1040X? My understanding that the loss shown on the K-1 would automatically flow to Schedule D. And I believe that I am limited to $3,000 per year to offset capital gains with a capital loss, correct? Thank you
3 hours ago
Where do you see it was mailed? If Turbo Tax says mailed that means you need to print it out and mail it to the state yourself. So it wasn’t filed yet.
3 hours ago
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3 hours ago
What answer did you get that was wrong? Hope this isn’t the same. If you are using the Online version you need to use Premium to enter a K-1. To enter a K-1 go to Federal Taxes Tab or Per...
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What answer did you get that was wrong? Hope this isn’t the same. If you are using the Online version you need to use Premium to enter a K-1. To enter a K-1 go to Federal Taxes Tab or Personal (Home & Business version) Wages and Income Scroll down to S-corps, Partnerships, and Trusts or to Business items Schedules K-1, Q - Click the Start or Update button Be sure to pick the right kind of K-1. There are 3 kinds, 1041, 1065 & 1120S Enter each k-1 separately.
4 hours ago
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4 hours ago
Ran into same issue. Federal forms downloaded to IRS fine but NYS would not. After countless attempts, I printed and mailed NYS on Feb. 1. Still have not heard anything. I don’t even know if it’s bee...
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Ran into same issue. Federal forms downloaded to IRS fine but NYS would not. After countless attempts, I printed and mailed NYS on Feb. 1. Still have not heard anything. I don’t even know if it’s been accepted. Intuit should give customers a partial refund, I’ve used TurboTax for more than a decade and never had any issues till now.
4 hours ago
Your scam for the return being withing 5 days is a horrible way to **bleep** over the USA TAX PAYER. YOU NEED TO REFUND MY MONEY FOR THAT SCAM OF 5 DAY RETURN. THIS WILL MOST LIKELY JUST BE PUT ...
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Your scam for the return being withing 5 days is a horrible way to **bleep** over the USA TAX PAYER. YOU NEED TO REFUND MY MONEY FOR THAT SCAM OF 5 DAY RETURN. THIS WILL MOST LIKELY JUST BE PUT IN THE TRASH... BUT MAKE NO MISTAKE ... I WILL SHARE WITH EVERYONE I CAN TO NOT USE THIS BULL**bleep** SCAMMING THE TAX PAYERS. YOU OWE ME AND OTHERS
4 hours ago
@MarilynG1 Is there any way to remove this worksheet when it has no applicable information? I can't believe how many unnecessary blank forms have suddenly began creeping into the Forms view/return...
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@MarilynG1 Is there any way to remove this worksheet when it has no applicable information? I can't believe how many unnecessary blank forms have suddenly began creeping into the Forms view/return this year. I've been cleaning them out but this People worksheet refuses to stay deleted - it immediately recreates itself ! SE
4 hours ago
Yes, you have come to the place for real people. Some returns are processed quicker and some take longer. No one at TurboTax can know anything specific about your returns, but here's how you can s...
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Yes, you have come to the place for real people. Some returns are processed quicker and some take longer. No one at TurboTax can know anything specific about your returns, but here's how you can start investigating: First, if you efiled, go to the Tax Home and check the efile status to be sure the returns were successfully efiled. What is displayed at the Tax Home--accepted, rejected, printed, started, or what? If accepted, what is showing for the Federal refund at the IRS "Where's My Refund" tool? https://www.irs.gov/refunds FAQ: How do I track my state refund? https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-refund/track-state-refund/L3jgO8PGs_...
4 hours ago
TT didn't like the backdoor IRA conversion, even I re-entered multiple times.
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4 hours ago
TurboTax 2025 Home & Business User - Under which of the 3 different Capital Improvement categories should I be placing the following improvements? New Central HVAC Unit New Tile Flooring (entire...
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TurboTax 2025 Home & Business User - Under which of the 3 different Capital Improvement categories should I be placing the following improvements? New Central HVAC Unit New Tile Flooring (entire interior) New Wiring / Plumbing New Insulation / Wallboard / Texture / Paint (entire interior) New Appliances (Fridge / Range) New Cabinetry (Kitchen / Bathroom) Here is a snapshot of the offered choices: Just a bit confusing since none of these selections offer an explanation of interior rehab improvements. Any help or input would be appreciated.
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4 hours ago
I have worked on my CA state return file and did not save it when I closed my turbotax session. I relaunched turbotax and open state return. Now, the state edits button does not work, can't make edit...
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I have worked on my CA state return file and did not save it when I closed my turbotax session. I relaunched turbotax and open state return. Now, the state edits button does not work, can't make edits to my state return. I never had this issue with 2024 turbotax... Please, advise. Thank you.
4 hours ago
@dmertz or anyone else -- hoping to double confirm, because this question always trips me up. In what situations does one choose "Yes" to the question: "Did [Name] make any nondeductible IRA con...
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@dmertz or anyone else -- hoping to double confirm, because this question always trips me up. In what situations does one choose "Yes" to the question: "Did [Name] make any nondeductible IRA contributions to your traditional IRA from 2024 or prior years? What does selecting Yes vs No do here at the form level? 1. When correcting my spouse's 2024 tax return as explained above (Correcting form 8606) to account for taxed owed on IRA balance still in account at the end of the year, do I select "NO" for this question (unless I had a carryover balance from 2023 8606?). 2. Related, whenever I go through the same question for spouse's IRA for 2025 taxes, do I also select NO? Or is this now a Yes because of the adjustment made in 2024? If I hit "Yes," The next screen pulls my total basis from (adjusted) 2024 8606 (~$1900). If I hit "No," it asks for the value of all traditional, SEP, and simple IRAs by Dec 31, 205. 3. For me, for any year where I have clean, in year planned back door roth conversions, is the question for this always "No."? Does it matter if you select Yes, but then put a 0 in the subsequent screen where it asks for total basis?
4 hours ago
Just to follow up: I haven't filed yet, but what I did was just enter fictitious text in the name, e.g.: "Mickey Mouse", and it moved on normally past that. I never could locate a form with the info...
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Just to follow up: I haven't filed yet, but what I did was just enter fictitious text in the name, e.g.: "Mickey Mouse", and it moved on normally past that. I never could locate a form with the info. Weird. I think Intuit has more than enough info in this and similar threads to realize there's a bug they need to address. The fact that this has gone on for several weeks (longer?) is disheartening to my confidence in their product integrity.
4 hours ago
Sorry, Online is only good for 1 return per account. Don’t use your account or you will overwrite your return and it will be gone. And you have to pay for each account separately so it might get ex...
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Sorry, Online is only good for 1 return per account. Don’t use your account or you will overwrite your return and it will be gone. And you have to pay for each account separately so it might get expensive. You can start another return in TurboTax Online by: Logging out if you are in your account Choose what TurboTax Online product you want to use for the second return Create your account screen Set up a new login for the second return Start working on the new return The Desktop program can do unlimited returns and efile 5 federal for free. You can buy the Desktop Download program directly from Turbo Tax TurboTax® 2021-2022 CD/Download Tax Software, Compare Desktop Tax Preparation For 2025 You will need Windows 11 or Mac OS Sonoma 14 or later
4 hours ago
Still looks like it's not ready. Any new date which we should target since it doesn't seem like it happened by 2/25?
4 hours ago
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