All Posts

@bcayes where are you looking?  it will NOT affect your federal tax return.  It only impact the NC tax return.   Whatever is in Box 2a of form 1099-R should appear as a deduction on line 9 of the NC tax return. 

Unfortunately, once you have upgraded or added features to your TurboTax return, there is no way to downgrade or remove the extra features. You would need to create a new return to go back to the original product.    To start a new return, select “Start a New Return” from under “My Returns” in the bottom left corner. Once you have started your new return, you can select “View All Returns” from under “My Returns”. Then delete the unwanted return by clicking the small Trash Can next to it or “Delete” under the return’s name.  

That sounds correct.  A code 4 in box 7 of Form 1099-R indicates indicates some type of death benefits.  This is the correct code if you inherit an account or receive benefits as a beneficiary.  Code 7 indicates normal distribution.  

Overriding calculated numbers in TurboTax is not advised, as it invalidates the accuracy guarantee. Plus, you will need to print and mail your entire return.   Have you reviewed the Depreciation and Amortization Report for your Rental Property? This TurboTax report lists all your assets and historical depreciation totals. If you don't see depreciation appearing on this report, look at the Asset Worksheet for each asset. The Detail Asset Information section reports all the parameters used to calculate depreciation for the asset.   While this review of reports may not completely answer your question, you will have more details to provide in your next post that will help the Community answer your questions.   Example of Depreciation and Amortization Report from 2024:  

From other sources, it says there should be a place/way to enter state-specific K-1 income during the federal section interview for each partnership entity. Is that true? I am not seeing where/how/when to do that. Thank you.

To find your Roth IRA contributions prior to 2025,the most reliable resource is IRS Form 5498, which your brokerage generates annually to report your contributions; you can typically find these archived in the "Tax Documents" or "Statements" section of your online brokerage account. You can also check your account history to find contributions, although older information may be limited.   Going forward, it is best to keep a running total, updated yearly.  This is because withdrawals of the cost basis of the Roth IRA  will not be subject to the 10% penalty, or taxable if withdrawn early.   If you are not taking any early withdrawals this year, the total contributions are informational only, and will not impact your tax return.

As per the Canada Revenue Agency (CRA):  If you had a spouse or common-law partner who died before December 31, 2025, and who was 69 years of age or older on December 31, 2024, you can claim this credit regardless of your age, if you meet all of the other conditions above. In that situation, do not enter their net income on line 8 of Form ON479. If your spouse or common-law partner died on December 31, 2025, include their net income in the calculation of your family's net income on line 8 of Form ON479.   If you are preparing a return for a resident of Ontario who died in 2025 and who was 69 years of age or older on December 31, 2024, you can claim this credit on their final return if they meet all of the other conditions above. In that situation, do not enter the surviving spouse's or common-law partner's net income on line 8 of Form ON479, unless the person died on December 31, 2025.      

You cannot directly delete a specific TurboTax account, but you can delete the return data within it, abandon it, or submit a data deletion request to Intuit to remove associated personal information. The most effective method is to use the "Clear and start over" feature in Tax Tools or to navigate to the "Data privacy" option in the Intuit Account Manager to request deletion.   How do I delete my account?