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Perhaps the asset does not qualify for the section 179 depreciation.  This TurboTax Help states:   The Section 179 deduction cannot be claimed for business assets that were acquired in a tax-free exchange or from a person or entity with whom you share a close relationship as specified by the IRS. You cannot claim a Section 179 deduction for more than $2,500,000 in qualified assets. The deduction is reduced if the total of all Section 179 assets you placed in service during the tax year exceeds $4,000,000. Your Section 179 deduction amount cannot exceed your net business income for the year, but if it does, you can carry the excess over to a future tax year.

The brokerage company doesn't have the date acquired or basis information on this transaction, so you may have to retrieve it on your own.  If you don't have this info or don't know how to get it, consider entering "various" in the date acquired field and enter zero as your cost basis.  You will be taxed on the entire amount of the proceeds, though.  So if it's a large amount, then I recommend you do some digging to get your basis on that sale.  If it's a small amount with little tax effect, you can just opt to leave it as is to streamline your tax return prep time.

Yep, just another wonderful TurboTax product.  Every year it just continues to get worse.   Cannot print the city return due to this error.  And it is NOT the printer, this is YOUR PDF WRITER.   ERROR: undefined OFFENDING COMMAND: Sans   STACK:   /PSCSKF+*Microsoft /FontName

The desktop interview continues with the following question:  Did KEN recharacterize any of the traditional IRA contributions for 2025 over to a Roth IRA contribution?  I intend to do that with the non-deductible contribution before 4/15 so should I check YES?  Or does this question pertain to only those recharacterizations that I have a 1099 in hand at this time?  So, since I do not have a1099 yet, I need to check NO and the deal with the taxes associated with a recharacterization next year for my 2026 return?  Thanks!

In TurboTax Online, to add a second W-2, follow these steps.   Down the left side of the screen, click on Federal. Down the left side of the screen, click on Wages & Income. Click to the right of Wages & Salaries. Select Add another W-2. See also this TurboTax Help.  

You can't.  You'll have to go in and review the entries.  Make sure there are no empty fields.  If you have any empty fields, put zero.  Also verify that you have a date acquired and date sold, dates in each field.  These are common issues that TurboTax asks to review with security sales.

Maryland and DC have a tax reciprocity agreement, so you will need to file both MD and DC tax returns to get your son's money back.   He must file a Maryland return to get a full refund of those withholdings (Maryland Form 505 Nonresident Income Tax Return).   Since he lived in DC for part of the year (DC Form D-40 Part-Year Resident), he owes DC taxes on all income earned while he was a resident there (including money he earned working in Maryland);.   And since Florida has no state income tax, he does not need to file a Florida state return.   Open or continue your return. Under Personal Info section, Enter your current state of residence (FL), but that you also lived in DC (you will need the date that you moved to FL). Complete the Federal return entirely.  (Add DC and Maryland state tax returns, if not already added.) Prepare the Nonresident tax return first (MD)... then the DC part-year resident return (the program will ask for the dates he lived there. Make sure you only include the income earned during that window).  The home state (resident) usually taxes all your income, but provides a credit for taxes paid to the nonresident state. When doing the Maryland nonresident return, look for a screen that asks about Reciprocal States (select that he was a resident of DC).

@kbtoys06    Just solved it today and managed to e-file my taxes.   In my case, electronic & paper routing number I pulled form BofA mobile app was not working. I believe that was valid number, but for some reason it was is not accepted in Turbotax.   What you can do is to login to BofA in your computer and check electronic only routing number. This one is not matching electronic & paper in mobile app.   Also you can drop by your local branch to be 100% sure and check with them since calling bank customer support is dead end as always.   Good luck!    

Follow these steps to access the 2024 TurboTax Online income tax return.   Sign in to TurboTax and choose Continue or Pick up where you left off. Select Tax Home in the upper left hand corner of the screen. Scroll down to Your Tax Returns & Documents and click on the year that you wish to print Select Amend (change) 2024 return Select the link to download your .tax file Download the TurboTax Desktop Software for your year: Windows or for Mac From your downloads folder, double click your .tax file to open it in the desktop program Once you have your return open in the desktop program, select Print Center in the top right of the program Choose to Print Tax Return, all Calculation Worksheets.

You don't need to file Form 1116 if your foreign tax credit is $0 but you have carryovers.  If you decide to not file Form 1116, you will forfeit your carryovers, though.  If you still want your Foreign tax credit carryovers to roll over to future years, you will need to file Form 1116.