All Posts

I've replied in a more recent thread, but just hopping in here to share the same info. There are a couple of workarounds that may help users who have too many txns to manually edit/add, given the desktop limitations currently, including importing your data from TurboTax Online (for free) to TurboTax Desktop. See the guide for step-by-step instructions on reporting crypto with TurboTax.

@jazzeplayer wrote: Most people are still on windows 10. Not according to Gemini:   Windows 11 has surpassed Windows 10 in global market share as of early 2026, with 11 reaching ~73% and 10 dropping to ~26% by February 2026 . Windows 11 hit 1 billion users faster than Windows 10, with adoption particularly high in North America. Despite this, Windows 10 retains a significant, though shrinking, user base.      ............................AND it's March of 2026. I would think the Windows 10 share will drop dramatically between now and the end of the year. You may not like it but, ultimately, it's Intuit's call and if you don't eventually upgrade to 11, you may find yourself between a rock and a bigger rock when you shop for DIY desktop tax prep software for the 2026 tax year.

The People's Worksheet is generated for everyone on your return, it is new this year and can't be deleted.    It holds all the personal information you entered in the "Personal Info" section of TurboTax, helping to identify missing info that causes "check this entry" errors.   If you see an error on this worksheet, it usually means the personal info section needs to be reviewed.   @pawelsky 

In the month selection panel of the form,  and under the month <TAB> within the dropdown closes the dropdown, otherwise proceeds to the expiration year field.  Coincidentally, the <ARROW DOWN? key does take you to 01, and then 02 then blows out.   Cmon, this is borderline ridiculous...

Federal and state refunds come from completely separate entities.  There is no rule as to which one will come in first or how long it will be between their arrival in your account.   TurboTax gives you an estimated date for receiving your refund based on a 21 day average from your date of acceptance, but it can take longer.  “21 days”  is not a promise from TurboTax or the IRS.      First, check your e-file status to see if your return was accepted:  https://turbotax.intuit.com/tax-tools/efile-status-lookup/   Once your federal return has been accepted by the IRS, only the IRS has any control.  TurboTax does not receive any updates from the IRS. Your ONLY source of information about your refund now is the IRS.     You need your filing status, your Social Security number and the exact amount  (line 35a of your 2025 Form 1040) of your federal refund to track your Federal refund:    https://www.irs.gov/refunds   To track your state refund:     https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-refund/track-state-refund/L3jgO8PGs_US_en_US?uid=lt447ebr   If you chose to have your TurboTax fees deducted from your federal refund, that will take some extra time, while the third party bank handles the refund processing     https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-refund/refunds-take-longer-others/L14YlqFrH_US_en_US?uid=lexdr7zh . https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-refund/irs-refund-taking-longer-21-days/L2vRAJbdU_US_en_US?uid=lexe7lst         If you are getting earned income credit on line 27 or additional child tax credit on line 28 You are subject to the delay required by the PATH act.  Do not expect your refund before early March   https://ttlc.intuit.com/turbotax-support/en-us/help-article/internal-revenue-service/federal-refunds-delayed-due-path-act/L5jnQJsBi_US_en_US   Note:  “Accepted” is not the same as “approved”.  TurboTax tells you the e-file was accepted if the IRS deems that there is enough information on the return for them to take it in for processing.   Only the IRS can approve of the refund, which is a later stage of processing.  If the IRS approves your refund they will provide a date for the refund to be issued.   FROM THE IRS WHERE’S MY REFUND SITE: https://www.irs.gov/wheres-my-refund How it works Where's My Refund shows your refund status: Return Received – We received your return and are processing it. Refund Approved – We approved your refund and are preparing to issue it by the date shown. Refund Sent – We sent the refund to your bank or to you in the mail. It may take 5 days for it to show in your bank account or several weeks for your check to arrive in the mail.

If the stocks are part of your compensation, there should be reference to the compensation element on your w-2?    You most likely have RSUs that vested immediately or a stock award - both of these would be considered employee stock.   Verify what kind of plan it is with your employer at Microsoft and/or check out the article below.     How do I find and enter the cost basis for my RSU or ESPP sale?      

Probably not as many as you are hoping for. There is not a first time home buyers credit on a Federal return. That ended in 2010. If your state has such as credit, you will be able to enter it when you prepare your state return.   Buying a home is not a guarantee of a big refund.  Your deductions for homeownership combined with your other deductions (if any) must exceed your standard deduction to change your tax due or refund. If you purchased your home late in the year, you do not even have a full year of home ownership deductions.   Your closing costs on your new home are not deductible except for prepaid interest, prepaid property tax or loan origination fees.  There are no deductions for appraisal, inspections, title searches, settlement fees. etc.   Your down payment is not deductible.   Your homeowners insurance for fire, hazard, flood, etc. is not deductible for your own home.   Home improvements, repairs, maintenance, etc. for your own home are not deductible.  (With possible exceptions for certain energy credits) (BUT——do make sure you keep careful written records/invoices, etc.  of any improvements you make to the home for someday when you sell it.)   Homeowners Association  (HOA) fees for your own home are not deductible.   It is very hard for a lot of people to use itemized deductions now that the standard deduction is so much higher.  Your home ownership may not have any effect on your tax due or refund, especially if you purchased the house late in the year.     Standard Deduction Your itemized deductions have to be more than your standard deduction before you will see a change in your tax owed or tax refund.  The deductions you enter do not necessarily count “dollar for dollar;” many of them are subject to meeting  tough thresholds—medical expenses, for example, must meet a threshold that is pretty hard to reach.  The software program uses all the IRS rules that apply to the expenses you enter, and it tells you if you have enough to use your itemized deductions or if using the standard deduction is more advantageous for you   .  2025 STANDARD DEDUCTION AMOUNTS SINGLE $15,750  (65 or older/legally blind + $2000) MARRIED FILING SEPARATELY $15,750  (65 or older/legally blind +1600) MARRIED FILING JOINTLY $31,500  (65 or older/legally blind + $1600) HEAD OF HOUSEHOLD $23,625 (65 or older/legally blind + $2000)     You can go to Federal>Deductions and Credits>Your Home to enter mortgage interest, property tax and possibly mortgage insurance premiums paid in 2025.  These will be shown on a 1098 that your lender provided in January.

The software has probably changed how it reads box 14. Box 14 used to be an informational box. Now, it is being used for tax purposes for many items. This means, it is already entered on the housing and worksheet and it is no longer necessary for you to enter it again.    Instead of changing numbers around, since you are on a Mac, you can switch to Forms mode and select a cell to determine its source(s).  Select View and choose Forms mode.  Since you are used to the PC and Forms mode, you will find there are a few differences.  Instead of a right click, you may need to double click or look for an option from the top row - depending on the cell.   Reference: What is-the-meaning-of-all-the-different-colors-in-forms-mode

To report interest income received - Click on Federal Taxes (Personal using Home & Business) Click on Wages and Income (Personal Income using Home & Business) Click on I'll choose what I work on Under Investments and Savings On Interest on 1099-INT, click on the start or update button Online returns - On the screen Did you have investment income in 2025? Click on Yes On the screen Let's import your tax info, click on Enter a different way On the screen OK, let's start with one investment type, click on Interest and Continue On the screen How would you like to upload your 1099-INT? Click on Type it in myself

Depending on what state you are in, TurboTax fees can be taken from your state or federal refund, which ever comes first.    Additionally, 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.   If the IRS "Where’s My Refund" tool shows your funds were released but you haven't received them, please note that Intuit does not hold these funds. You will need to contact the Santa Barbara Tax Products Group (SBTPG) directly: Website: SBTPG Support