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Which version of TurboTax are you using?   Particularly if using Online, try these basic troubleshooting steps:   Check your internet connection. Hardwired connections work best. Try ex... See more...
Which version of TurboTax are you using?   Particularly if using Online, try these basic troubleshooting steps:   Check your internet connection. Hardwired connections work best. Try exiting TurboTax, restarting your device and starting TurboTax again. Try using a different browser. Chrome usually works well. Try clearing your cache and cookies If you are using Desktop, are you entering the information in the Underpayment Penalty interview? The interview should be completed rather than entering information directly in the form or worksheet.   Form 2210, Underpayment of Estimated Tax, is only filled out by the taxpayer in certain situations: A You request a waiver (see instructions) of your entire penalty. You must check this box and file page 1 of Form 2210, but you aren’t required to figure your penalty.  B You request a waiver (see instructions) of part of your penalty. You must figure your penalty and waiver amount and file Form 2210.  C Your income varied during the year and your penalty is reduced or eliminated when figured using the annualized income installment method. You must figure the penalty using Schedule Al and file Form 2210.  D Your penalty is lower when figured by treating the federal income tax withheld from your income as paid on the dates it was actually withheld, instead of in equal amounts on the payment due dates. You must figure your penalty and file Form 2210.  E You filed or are filing a joint return for either 2024 or 2025, but not for both years, and line 8 above is smaller than line 5 above. You must file page 1 of Form 2210, but you aren’t required to figure your penalty (unless box B, C, or D applies).   See this TurboTax tips article for more information about Form 2210.    
to clarify, when I say "as you would expect" I mean we didn't expect to receive a W2 from them b/c they did not pay her salary
There are some details shown below for the Session Method for reporting gambling activity. It's important to to keep in mind, based on your question, a loss is not going to be allowed for any gamblin... See more...
There are some details shown below for the Session Method for reporting gambling activity. It's important to to keep in mind, based on your question, a loss is not going to be allowed for any gambling winnings. The most that can be accomplished, if you can itemize your deductions, is to use a gambling expense to the extent of winnings. This has been indicated in the earlier posts.    The difference with using the Session Method is noted below.   Definition of a Session: A, continuous, and uninterrupted period of play at a single gaming location (e.g., a single casino trip, or a single day of playing the same slot machine). Reporting: Instead of listing every winning spin or hand, a gambler calculates the total gain or loss for that session, and only that net amount is reported. Documentation Required: It is essential to maintain a, detailed diary or log, including date, time, location, machine number, type of game, and net win/loss. Key Advantage: It helps reduce the overall Adjusted Gross Income (AGI), which can decrease the, tax impact on Social Security benefits and prevent higher tax brackets. What it is not: A "session" generally does not span multiple days or multiple casinos, and each type of game (e.g., slot machines vs. poker) can be considered a separate session. Best practices: Maintain a Daily Log: Document every session. Calculate Net Gains: Only list the final result of each session. Use Tax Software: Enter the net winnings, not individual W-2Gs, in TurboTax. Tax Tips Blog for Gamblers IRS Topic 419: Gambling Income and Losses @Kirrena1987 
Balance due errors can be due to an error with payments, outdated software, or missing payment entries. To troubleshoot this:   Update your software Go back through your withholding payment... See more...
Balance due errors can be due to an error with payments, outdated software, or missing payment entries. To troubleshoot this:   Update your software Go back through your withholding payments in your income forms like W2s and 1099s If you have an Underpayment Penalty (Form 2210), go back through your entries  Go back through your Estimated Payments Make sure that the billing address for any credit card payments matches the address on your return to avoid payment processing errors If these do not resolve your issues, please let us know more details and we can find other solutions.     @heychandu 
my daughter worked for an employment agency and received a W2 from them.  She had been placed in a job at a campground.  The campground did not employ her and did not send a W2 as you would expect.  ... See more...
my daughter worked for an employment agency and received a W2 from them.  She had been placed in a job at a campground.  The campground did not employ her and did not send a W2 as you would expect.  But they did send her a 1099-NEC for tips that they collected for her while she was working there.  How do I report this in Turbo Tax 
contributions can be back dated to prior tax year before 4/15 but conversions do not, so you would report the contribution on your 2025 taxes and the conversion on your 2026 taxes when you get the 10... See more...
contributions can be back dated to prior tax year before 4/15 but conversions do not, so you would report the contribution on your 2025 taxes and the conversion on your 2026 taxes when you get the 1099-R next year.   in the help article all you need to do is the first step to record the non-deductible contribution   the question about 2025 contribution should come early in the Traditional IRA section so go back through that section.  After that you will get a question whether you had a basis carryover from 2024 which sounds like No for you.  You may be asked to elect how much was non-deductible, unless you don't quality for deductible contributions in which case it will assume it's all non-deductible.   check your Form 8606 outcome it should show $7000 on lines 1 and 14, this basis will carry forward to your 2026 Form 8606 Line 2 when you report the conversion next year.
I just finished filling out the questions on TurboTax but I don't see anything about my federal taxes
My spouse died unexpectadly. is that considered a disaster?
This is confusing in the way it is worded and how you interpret it. But TurboTax actually uses that question for a different purpose: It’s trying to ask whether any of the listed special situations a... See more...
This is confusing in the way it is worded and how you interpret it. But TurboTax actually uses that question for a different purpose: It’s trying to ask whether any of the listed special situations apply to the asset you just entered. You weren’t misunderstanding anything — the UI is just poorly worded.   The “You can add another asset after selecting Yes” line is meant to reassure you that you won’t lose the chance to add more assets — but it ends up sounding like a requirement, which it isn't.   So you did what any reasonable person would do: You kept answering Yes, thinking that was the only way to continue adding assets. But answering Yes tells TurboTax: “Something special applies to this asset,” which then sends you down the wrong path and hides the sale questions. Instead of selecting yes, select "no" if none of those conditions apply.   Once you are finished reporting that asset you may add another in the asset summary screen. You will taken back to that "special handling" screen and you can select "no" here if there is no special handling required with this asset.        
Turbo Tax tab states "Not including railroad retirement and public employee pension amounts, you had pension or IRA income of $24,000 on your federal return. Enter any portion of that amount that is e... See more...
Turbo Tax tab states "Not including railroad retirement and public employee pension amounts, you had pension or IRA income of $24,000 on your federal return. Enter any portion of that amount that is eligible for a deduction." That amount includes the MERS income and IRA. What do I enter into this box?
No, you won't file an amended state return. If you find a mistake on your Property Tax Refund return, amend it by filing Form M1PRX, Amended Homestead Credit Refund.    For details, see Amending ... See more...
No, you won't file an amended state return. If you find a mistake on your Property Tax Refund return, amend it by filing Form M1PRX, Amended Homestead Credit Refund.    For details, see Amending a Property Tax Refund. If you want to reply with more information, we may be of further help.
Because you are a sole proprietor, the IRS views you as the employer, not the individual Schedule Cs. Your SEP-IRA contribution limit is calculated based on your total net self-employment income acro... See more...
Because you are a sole proprietor, the IRS views you as the employer, not the individual Schedule Cs. Your SEP-IRA contribution limit is calculated based on your total net self-employment income across all businesses.  The deduction itself ends up in the same place on your tax return (Schedule 1, Part II, Line 16.)      
I have One W-2 with box 12 W, which is $8678.74 and I have another W-2 with box 12 W, which is $1435.64 and I have Form 1099-SA with box 1, gross distribution is $1000.11 and box 2, earnings on exces... See more...
I have One W-2 with box 12 W, which is $8678.74 and I have another W-2 with box 12 W, which is $1435.64 and I have Form 1099-SA with box 1, gross distribution is $1000.11 and box 2, earnings on excess cont. is $0.11 and box 3, distribution code is 2, I am over 55 years old.  Why TurboTax is saying I have excess contribution $564 ? My calculation is as follows: 1. Total Contributions (From W-2s) The amount in Box 12, Code W includes both your pre-tax payroll contributions and any contributions your employer made on your behalf. W-2 #1: $8,678.74 W-2 #2: $1,435.64 Gross Total Contribution: $10,114.38 2. The 1099-SA Correction (Code 2) Your Form 1099-SA with Distribution Code 2 (in Box 3) indicates that you identified an over-contribution and had the bank return it to you to avoid a penalty. Box 1 (Gross Distribution): $1,000.11 (This is the total amount sent back to you). Box 2 (Earnings): $0.11 (This is the interest that $1,000 earned while in the account). Principal Returned: $1,000.00 My Net 2025 Contribution: $10,114.38 - $1,000.00 =$9,114.38, which is less than annual contribution limit $9550. So there is no excess HSA contributions, because I already distributed $1000. Am I correct ?   Please advise me, thank you!
The language in the extension screen within TurboTax is scheduled to be updated after April 15th.    It is quick and easy to file an extension using the alternatives previously shared:   Turb... See more...
The language in the extension screen within TurboTax is scheduled to be updated after April 15th.    It is quick and easy to file an extension using the alternatives previously shared:   TurboTax Easy Extension (a separate TurboTax website) rather than filing from within your TurboTax product, if you choose.    The IRS also offers these options:   Pay online and check the box Pay what you owe using an online payment option and check the box that you are paying as part of filing for an extension. You don’t have to file a separate extension form and you’ll receive a confirmation number of your extension for your records.   Use Free File (no income limit for extensions) Use IRS Free File to electronically request an automatic tax-filing extension.   Request an extension by mail File Form 4868, Application for Automatic Extension of Time To File U.S. Individual Income Tax Return. You can file by mail, online with an IRS e-filing partner or through a tax professional. Estimate how much tax you owe for the year on the extension form: Subtract the taxes you already paid for the filing year. @GaJa 
Switching from desktop to online is easy.  Here's how.     The cheapest way to handle this is to enter the trades in their stock categories and then mail in a copy of the 1099-B listing the trade... See more...
Switching from desktop to online is easy.  Here's how.     The cheapest way to handle this is to enter the trades in their stock categories and then mail in a copy of the 1099-B listing the trades to the IRS.  You can still file the return electronically, you just have to mail in a list of all of those little trades.  Here's how to do that.  It's still the easiest way.   @rberghef     
No you should not adjust the cost basis . Usually brokers automatically adjust the cost basis to compensate for the wash sale.  Import 1099-B or enter it manually exactly as reported esp if its comin... See more...
No you should not adjust the cost basis . Usually brokers automatically adjust the cost basis to compensate for the wash sale.  Import 1099-B or enter it manually exactly as reported esp if its coming from a major broker like Morgan Stanley/ J P Morgan/ E*trade/Fidelity etc  
The only documents on my profile are W2s. There is no CRP or worksheet in the documents list on either mobile app, mobile website, or desktop website. 
There is $0 in my traditional IRA at start of 2025 and I made both the $7000 non-deductible contribution and converted all of it to my Roth in 2026. I tried following the instructions on this link fo... See more...
There is $0 in my traditional IRA at start of 2025 and I made both the $7000 non-deductible contribution and converted all of it to my Roth in 2026. I tried following the instructions on this link for desktop version: https://ttlc.intuit.com/turbotax-support/en-us/help-article/retirement-benefits/enter-backdoor-roth-ira-conversion/L7gGPjKVY_US_en_US; however, I did not come across a question about non-deductible contributions made in 2025. Turbotax only asks if I made non-deductible contributions in 2024 and what my basis was that year (not applicable in my case as my IRA accounts weren't set up until 2025).    I also noted I would not receive a 1099-R for this contribution until early 2027 as the conversion was done in 2026 instead of 2025. I just want to make sure I'm correctly reflecting the conversion on my tax return for 2025. Please assist! Thank you.