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You can go to How do I connect with a tax expert in TurboTax Experts?   This may help: To enter a 1099 composite in TurboTax, break down the document and enter each section (1099-INT, 1099-DIV, 1099-B) individually in the Wages & Income section, or import them directly from your broker.  If your composite 1099 provides summary totals (e.g., total short-term transactions), you can enter these totals rather than listing every single transaction- you will have to send a copy of the individual transactions to the IRS.  

It depends. At what step of Review is the program identifying a problem?   If you don't see an issue that needs fixing and are stuck in a loop, try these steps:   Clear your browser browser cache/cookies Log out of TurboTax Restart your device Log back in If the problem persists, try switching browsers. Some users have found that Edge or Chrome worked well.

It's likely you will have to review each investment sale to select the correct holding period with basis reported to the IRS. There isn't a bulk edit to my knowledge.   Start by spot checking a few to see if you actually need to edit all of them. You may find it's a smaller number than you think.

When I enter this amount, my refund increases.  Why.  A distribution was takenin in 2025 and I received 1099-R.  Don't understand how when I enter prior years contributions amount it increases refund amount.  Just want to make sure doing this right.

If you are stuck in a loop, try these steps:   Clear your browser browser cache/cookies Log out of TurboTax Restart your device Log back in If the problem persists, try switching browsers. Some users have found that Edge or Chrome worked well.  

Oh I thought you said you had a state tax due because you said “deducted”.   No federal and state refunds come from separate places at different times.  You can not get them together unless they happen to get deposited on the same day.   Like I said above you must have seen the total refund combined at the end.   You need to check your actual 1040 return line 35a  for the refund.   

Do appreciate the people in the shadow economy are screwing the rest of us, and I do believe the shadow economy is rampant. Don't want to go too far off course; if we can eliminate the obvious government waste and out and out fraud, we can go a long ways to fixing our economy. Income tax was a temporary thing prior to 1913 and our budget was balanced by taxing things like whiskey. Anyway, death and taxes will never go away. Turbo Tax will go to the cloud, and we will still fuss about it.

The "Allow" button is pressed but nothing happens after that.  Says if no pop-up menu, then data was imported. But nothing -no data transferred.   I would not have purchased TT if my brokerage statements could not be imported. I'm having the same problem with Wells Fargo Advisors.  Does anyone have better results with another tax software?  After decades of TT, I'm ready to move on.  

Yes.  When you add the contributions that you made before the beginning of 2025, this will be added to your 2025 contributions to find your basis.    Your basis in a Roth may not be needed this year, but it is easier to track it every year than later when you need it, since Roth IRAs allow tax and penalty free withdrawals of basis regardless of age.

It depends. If I assume this account was a 'pre-tax' account then none of the loss is deductible. The reason is that none of the funds, including earnings were ever taxed. For that reason, there is no tax benefit for you on the loss in value / cash you actually received. In other words what you hoped to receive versus what you actually received.   The only available reduction to the taxable amount received could be any funds you actually did contribute with 'after-tax' funds.   Please update with greater detail if this happen to be a Roth TSP.   @pnetrick 

The RMD calculation is based on information that is entered into TurboTax and not on your actual bank or brokerage records, so this can be resolved easily by following these steps:   First, delete the original Form 1099-R and Form 5329:   Go to Tax Tools on the right hand panel inside of TurboTax Click on the down arrow and scroll down to Tools Click on Tools and select Delete a form from the menu items that appear in the Tool Center Click on the trash can icon to the right of Form 1099-R and Form 5329   Now, click back on Income in the Federal section to return to input the Form 1099-R information again:   Go to Income on the left panel within your TurboTax account Scroll down to Retirement Plans and Social Security and click on the down arrow to the right Click Start to the right of IRA, 401(k), Pension Plan Withdrawals (1099-R) Click the "Enter a different way" box Click the "Type it in myself" box Click on the box that pertains to your type of 1099-R (typically the first box), Continue Next, you will see, "Enter your 1099-R provider's info", complete that, then Continue Next, you will see "Enter your 1099-R details from _". Enter the information from the original Form 1099-R that you received Ensure the details from your Form 1099-R are correct checking for which Distribution Code was used in Box 7, then Continue Continue through until you reach, "Let's get more information about your Required Minimum Distribution (RMD)", enter your RMD due by December 31 Note: If your 1099-R distribution amount in Box 1 is enough to satisfy all of your RMD, you can enter your entire RMD for all accounts here Next, you are asked, "How much of this distribution applied to your December 31 RMD?" If you select "Some", you will need to enter the same amount (as in step 10 above) of the distribution that applied to your RMD* You will reach "Review your 1099-R summary", press Continue (not the pencil) and additional questions will generate for you to answer When you reach "Let's go over any required minimum distributions (RMD)", Continue (not the pencil)   The above steps should resolve the incorrect penalty calculation.   *Note: If you did not take all of your RMD and are expecting a penalty, just not the amount calculated, then the interview questions will guide you through the additional questions so that TurboTax can then calculate the correct penalty amount and generate Form 5329.

Yes, that method works.  I can add supporting details and an amount will show up in the box once I close the supporting detail window.  As with other categories of medical expenses, you should be able click the text box and add an amount.   I'll make a note of this since I'm certain it won't be fixed in next year's addition.  Should I add "TurboTax Software Testing" to my resume?  Seriously, how can we have confidence in the complex machinations in TT if the simple stuff doesn't work, even after it's a known issue for 2+ years?   Jim

If you are stuck in a loop, and you are using TurboTax Online, clear your browser cache/cookies and log out and back in and see if this resolves the issue.   If you are being asked for information for forms you don't need, if using TurboTax Online, go to Tax Tools in the left menu, then Tools. In the pop-up window, select Delete a Form. Scroll through the list of forms and choose any form you need to delete.   In TurboTax Desktop, go to Forms Mode (click on the button that shows Step by Step) and then choose the form you need to delete from the list on the left.