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@Kayudits    Yes I was able to get it into Desktop by continuing from online. it looked clean and when I did print to PDF the forms looked correct. However I have not tried filing my return yet. 
Thanks @DaveF1006. Appreciate, your answer. Since, my income is less than $1M, I should be able to not add the Business loss from Oil and Gas exploration Partnership to IDC for California adjustment ... See more...
Thanks @DaveF1006. Appreciate, your answer. Since, my income is less than $1M, I should be able to not add the Business loss from Oil and Gas exploration Partnership to IDC for California adjustment to K-1 Partnership Item #1 Ordinary Income (Loss) From Trade or Business Activities, i.e., just enter the IDC only in as positive number to add IDC back to the state income. Also, I must apply adjustment to Line 13d (where IDCs usually flow) and Line 17f (AMT items) by entering zero for California adjustment to K-1 Partnership, so that if AMT is applicable, it will be handled properly by the online TT Premium even though it is not making any change in my Tax Due/Refund displayed on top of the screen. Is my understanding correct?
I don't know how turbotax calculate our self-employed health insurance deduction. So my wife and I both have a self-employed job like Uber, and we have wellsense health insurance through health conne... See more...
I don't know how turbotax calculate our self-employed health insurance deduction. So my wife and I both have a self-employed job like Uber, and we have wellsense health insurance through health connector. We paid around 1500 for the premium. Our self employed income is around 29000 after deducting the expense. How do I calculate the self-employed health insurance deduction? Can you show me an example? Thank you.
Good Evening,   When I went to print my Mom's return (before filing it), for the first time ever, Form 2210 printed out.  I have no idea why it thinks she underpaid her Estimated Taxes.     1st q... See more...
Good Evening,   When I went to print my Mom's return (before filing it), for the first time ever, Form 2210 printed out.  I have no idea why it thinks she underpaid her Estimated Taxes.     1st qtr payment was for $1,300 and the other 3 were for $2,290 each.  My Dad passed in July 2024 and after I was able to prepare the IRS Tax Withholding Estimator, I realized I needed her to make the remaining 3 payments much higher  All were paid on time.  The IRS lost her 1st qtr payment and over a month ago they started a "hard trace" but still haven't found it.  But TT wouldn't know that...so that's not it.   $9,132 was taken out in 1099s $8,170 was paid in quarterly ES payments so she made $17,302 total in federal tax payments   She's getting a small refund, so how could TT think she underpaid?  Please explain this to me like I'm 5 yoa because I'm *very* confused.   If this F 2210 is accurate, what do I need to do so this does not happen next year?   As always, I appreciate all of your help and expertise...thank you!
Yes, several screens into the interview for Medical Expenses; nearly the same screen.   @superlyc   
Running Premier on Windows 11. As a retired teacher from NC for whom the Bailey Settlement previously applied, my taxable amount for a number of years was different from the gross (box 2a did not ... See more...
Running Premier on Windows 11. As a retired teacher from NC for whom the Bailey Settlement previously applied, my taxable amount for a number of years was different from the gross (box 2a did not match box 1).  That was true until 2024, when I noticed my 1099-R had identical amounts in both boxes.  When I called asking why, the NC Retirement System clerk said the ruling had only applied until a certain amount of income had been removed from taxability by NC.  She said mine was fully credited now, so from 2024 on, the gross would be the same as the taxable.  So in 2024, I entered it as retirement income per that 1099-R; the gross was the same as the taxable. Now I'm doing tax year 2025, and TT Premier on Windows 11 is asking me if I was ever part of the Bailey Settlement.  It pretty clearly seems to be asking about the past. Q1. Should I just click "none of the above" regarding the Bailey Settlement, since it is apparently no longer affecting my taxes?  Or is it still affecting my taxes somehow, even though my entire gross is now the same as the taxable amount?  Why would I even need to go back to 2023 and years prior to start showing them what was happening back then, since my tax filings during those years were approved? If I enter the thicket by clicking, "I was receiving the Bailey Settlement," the software then wants to know how I calculated the taxable amount each year.  General method or Simple method are my only two choices.  But I can't click either of those, because I never had to calculate anything.  The state had precalculated it and put the taxable amount in box 2a.   I don't know what method they used, but Premier is insisting I tell them one method or the other. Q2. If I do have to discuss having received the Baily Settlement through 2023, when the software asks which method I used to calculate the taxable amount, should I click General or Simple?  (Remember, I never used either of them. NC Retirement System did the calculations.) Whichever method I click, the software then insists I enter some figures on a calculation sheet. I have no figures to enter.  Nor did my 1099-R ever have a calculation sheet.  (As I said, I have no idea how the NC Retirement System calculated the taxable amount; I simply used the Taxable Amount they put into box 2a on my 1099-R.)   Q3.  If I must click a calculation method, how on earth can I fill out the calculation sheets?   I don't even know what they're talking about.  I have no figures, and I don't know if I can even find the right calculation sheet. Can someone help me out of this briar patch?🙄   I had started by answering the question as asked, clicking yes to had I ever received Bailey Settlement adjustments.  But now it's asking my calculation methods, and wanting figures, when the settlement doesn't even apply anymore in my case.  Q4. Even if I should just click "none of the above" when I get to the Bailey Settlement question, I now need to somehow delete my entries on the subsequent pages if I'm backing out of this loop.   It doesn't seem to have a way to delete those entries.    I tried clicking "none of the above" on the "did you ever get Bailey Settlement" page, thinking it can probably be skipped because it no longer applies - but the pages after that seem to still have the entries (as if I had clicked yes). For anyone familiar with what Premier is asking for (and why), and how I should handle these four questions, I would be extremely grateful for insights.   Thank you in advance!
@ileana-figueroa7 ,  (a) A US person ( citizen/GreenCard/Resident for Tax purposes ) is taxed on world income by the US (b) A US person, with wages  from a local entity or from self-employment  a... See more...
@ileana-figueroa7 ,  (a) A US person ( citizen/GreenCard/Resident for Tax purposes ) is taxed on world income by the US (b) A US person, with wages  from a local entity or from self-employment  and  being present in a foreign place, can either exclude  ( Foreign Earned Income Exclusion) or  take foreign  tax credit ( for taxes paid to a foreign taxing authority). (c) In your particular case , because of length of stay in Australia ( approx. 7 months :(                1.  I am not sure whether Australia taxed you as a resident ( > 6 month stay, domiciled etc. ?? ) on your world income  or as Non-Resident and therefore just on Local sourced income.                2.  In any case because you cannot meet the Physical Presence Test ( 330 days away from the US during a continuous 12 month test period ), your only path to reduce double taxation burden is to  either take a credit or a deduction for the taxes paid.               3. Note that under the tax treaty, US will recognize the full amount of taxes paid to a foreign taxing authority but allow ONLY the lesser of actual paid and that imposed by the US on the same income  ( the remainder is carried backward or forward ).  If you choose deduction instead, it is reported as tax and therefore comes under the SALT limitation. Does this help ? Is there more I can do for you ?
Yes, as long as it was installed by December 31, 2025 and has a capacity of at least 3 kilowatt hours.   Go to Federal Taxes > Deductions & Credits. Search for "Home Energy Credits" (or loc... See more...
Yes, as long as it was installed by December 31, 2025 and has a capacity of at least 3 kilowatt hours.   Go to Federal Taxes > Deductions & Credits. Search for "Home Energy Credits" (or locate in the "Your Home" section). Select Yes to energy-saving home improvements. Enter the cost under the appropriate section for solar energy systems or battery storage. Here's more info from the IRS.   @bjmckurtis     
@macartneyeethan    True...some NY DLisc are not preceded by IDUSA:   Check for your type here: Sample Photo Documents | NY DMV _______________________ Then use whatever the first three charac... See more...
@macartneyeethan    True...some NY DLisc are not preceded by IDUSA:   Check for your type here: Sample Photo Documents | NY DMV _______________________ Then use whatever the first three characters are there...either numbers or alphabetical or both.  
@v8899    Were you (or anyone else) able to use this method to successfully import your crypto transactions into TurboTax desktop? I've seen several people suggest this as a workaround for desktop ... See more...
@v8899    Were you (or anyone else) able to use this method to successfully import your crypto transactions into TurboTax desktop? I've seen several people suggest this as a workaround for desktop but I haven't seen anyone confirm that it actually works.
Just to follow up, I ran my taxes through another tax software (rhymes with TreeFaxUSA) and it calculated it the same.  
@localhero wrote:  any idea as to why that's even on the form then?  Wouldn't it make more sense to just ask how many personal use days?   Maybe it's not fair to expect tax forms to make sense ... See more...
@localhero wrote:  any idea as to why that's even on the form then?  Wouldn't it make more sense to just ask how many personal use days?   Maybe it's not fair to expect tax forms to make sense but it's interesting that all of my previous CPA's and you choose to just put 365 whether accurate or not if there's no personal days.  For me, it meant taking the time to go through leases and figuring out occupied vs non-occupied days.  I would just be inclined to put 365 as well.   The exact number of rental days DOES matter *IF* there are also personal days.   I admit, like M-MTax, I just enter 365 as well (even though it technically is not correct, and assuming there are no personal days).  Because it doesn't make any difference, it isn't worth figuring out.      
Is the license you are referring to the driver's license info entered as an anti fraud measure?  At least in the desktop version you can simply skip the license information page. 
Does the online have it?
Did you file before you entered them?  If you did you probably don't need to amend federal.  The IRS  would probably add them in for you.   And you should not amend until you get the first refund or ... See more...
Did you file before you entered them?  If you did you probably don't need to amend federal.  The IRS  would probably add them in for you.   And you should not amend until you get the first refund or pay the tax due.  The the amended return will be for the difference you get back.     If you haven't actually filed yet - you do not amend.  Just  fix it and file the original 1040-SR.   
https://ttlc.intuit.com/turbotax-support/en-us/help-article/retirement-benefits/enter-backdoor-roth-ira-conversion/L7gGPjKVY_US_en_US
Premiums for Long Term Care Insurance are deductible in the Medical Expenses section in your Federal return.  There's a specific question asking for amount of LTC premiums paid.   @superlyc    ... See more...
Premiums for Long Term Care Insurance are deductible in the Medical Expenses section in your Federal return.  There's a specific question asking for amount of LTC premiums paid.   @superlyc   
If you're sharing the cost of energy improvement with someone who is not on your tax return, (this does not include a spouse, filing jointly), in the interview for the Energy Credit, enter only your ... See more...
If you're sharing the cost of energy improvement with someone who is not on your tax return, (this does not include a spouse, filing jointly), in the interview for the Energy Credit, enter only your share of costs incurred.   You don't have to include a statement when you Efile. There is a screen where you can indicate shared costs for a condo or co-op, but no statement is required, and TurboTax doesn't do the calculations for your share.   @jillona700c       
I received a generic message that turbotax couldn't efile our Illinois taxes because of a Schedule M issue.  It took me 2 hours to figure out on my own that the issue was that Illinois is taxing over... See more...
I received a generic message that turbotax couldn't efile our Illinois taxes because of a Schedule M issue.  It took me 2 hours to figure out on my own that the issue was that Illinois is taxing overtime compensation that the federal is excluding.  I've calculated that information on the federal form in Turbotax so why doesn't turbotax enter that information on the Illinois state form and fill out Schedule M!  Isn't that why I'm paying Turbotax?