All Get your taxes done using TurboTax posts

Recapture - Form 4797 Line 34 Too Small

tigertas32 — Mon, 13 Apr 2026 23:11:07 GMT

I have a business recapture that I am trying to figure out.

I took the special depreciation in October 2023 and decided that starting 2025, I will no longer use my vehicle for business purposes and just recapture the depreciation.

TurboTax walks me through the questions and then says I need to do the recapture. So, I fill in the amounts and then in the review it tells me the numbers are too small. It says to recapture at Straight line depreciation.

Can someone help do the math for me? Or where am I going wrong? Let me know what info you need and I'll be happy to tell you.

Re: Updating only State return for Dividends on US Govt Treasuries leads to Federal tax payable

goyal_raj — Mon, 13 Apr 2026 23:10:44 GMT

I checked Schedule B and it has the original numbers only. I went ahead and removed the number I entered for the amount related to US Govt Interest and my NC state tax number came back to zero but the Federal remained as is. This is strange. I am thinking if I can delete the Turbo tax document that it creates in the Turbo Tax folder on my Desktop and replace it with the version I saved when i filed the tax. Would that be ok? I am hoping that it would show me what i was seeing when i filed.

Thanks again

Re: Why does Turbotax make me choose Expert Assist?

Mila192 — Mon, 13 Apr 2026 23:09:35 GMT

I was forced to use this add-on but I did not ask for it, it would not let me finalize my taxes without it, this is wrong!!

Re: I entered my K-1 data but it does not show up in my income total. How do I fix it?

ThomasM125 — Mon, 13 Apr 2026 23:08:46 GMT

If you have a loss reported on the K-1 schedule, you need to indicate that you materially participated in the venture for the loss to be deductible. Also, you need to make sure you don't have money that is not "at risk" in the venture.

You see the material participation question on the screen that says Did you Participate? early in the Schedule K-1 entry process. You see the at risk question on the screen that says Describe the Partnership. One of the options is All of my investment in this activity is at risk. Your investment must be at risk to be able to deduct a business loss. You see the at risk question after you enter all the numbers in boxes on your K-1 schedule.

Why can’t I create a five digit PIN number?

point2tax — Mon, 13 Apr 2026 23:06:42 GMT

Why can’t I create a pin number to e-file?

Re: need 40 dollar refund

kreturn — Mon, 13 Apr 2026 23:05:30 GMT

yes, if you already bought the software, why would this even appear in the user interface? doesn't make sense to ask you how to pay it if you already purchased the software.

How can I make my payment since I owe on my state taxes?

horsechick9717 — Mon, 13 Apr 2026 23:04:38 GMT

Can you help me e file my state and federal taxes.I want to e file but the only options available are to file later or file by mail.

chaleiiyonna16 — Mon, 13 Apr 2026 23:03:09 GMT

Re: Married and living in different states

AmyC — Mon, 13 Apr 2026 23:01:59 GMT

You elect to treat your spouse as a resident for your federal return (to get the higher standard deduction and better tax brackets). Residency for state tax purposes is usually based on physical presence and domicile (where you intend to make your permanent home).

CA:

community property state- requires income splitting
requires same status as federal
nonresident spouse means filing CA Form 540NR

AZ:

community property state - each report half of the other's income
can file MFJ or MFS
AZ resident

Reference: About Publication 555, Community Property

@aayushk

Form 8962 Part V Alternative Calculation for Year of Marriage is not being applied despite entering my marriage month. I am not even being prompted about the alt calc.

rickeyhp — Mon, 13 Apr 2026 23:00:37 GMT

We are being asked to pay almost the entirety of the 1095-a indicated credit for 2025 despite not marrying until June and she (who received the credit) having marketplace insurance until July.

Re: So the Turbo Tax AI cannot see the current page I am working on?

xmasbaby0 — Mon, 13 Apr 2026 22:57:18 GMT

No one in the user forum nor the "AI" can see your screen. We are all live humans in the user forum, by the way.

Re: I am receiving a verification code to my email address

LaShaunA3 — Mon, 13 Apr 2026 22:56:19 GMT

If you're not receiving the verification code, first check your spam or junk folder and confirm the email address entered is correct. Then, try selecting “resend code” and wait a few minutes, as delays can happen.

If it still doesn’t arrive, make sure your email inbox isn’t full.

Re: Inherited 1099-B

DianeW777 — Mon, 13 Apr 2026 22:55:54 GMT

Follow the instructions below (and above) to reach the location to change your inherited or gifted investment sales.

Sign into your TurboTax account, then follow the steps below.

Select Wages & Income > Scroll to Stocks, Mutual Funds, Bonds, Other > Review
Select Edit beside the inherited stock or the gifted investment
Continue to Review your (description of inherited stock) sales > Edit
This should take you to the investments you need to change and allow you to make the necessary changes.

Below is additional information for inherited investments. Gifts cost basis is the same as the giver plus any gift tax paid if applicable, but see some additional information about gift basis.

Gain Basis: If you sell the gift for a gain, your basis is the same as the donor's adjusted basis just before the gift.
Loss Basis: If the FMV at the time of the gift is less than the donor's basis, your basis for calculating a loss is the FMV. If you sell for a price between the FMV and the donor’s basis, you recognize neither gain nor loss.

Your cost basis is the fair market value on the date of death of the decedent, plus the capital improvements (not repairs but improvements that are capital in nature). The expenses of sale will reduce any gain or increase any loss as well. This is entered as the sale of investment property and can be entered as follows.

Enter the inherited property sale in TurboTax using the steps provided.

Open or continue your return: Choose the Search box and type 'sale of second home' then use the Jump to link to enter your inherited sale) or follow the menu. In TurboTax Online select 'See more' in the FAQ then click 'sold second home'.
Under Wages & Income scroll to Stocks, Cryptocurrency, Mutual Funds, Bonds, Other (1099-B)
Answer Yes on the Did you sell any stocks, mutual funds, bonds, or other investments in 2025? screen
- If you land on the Your investment sales summary screen, select Add More Sales
On the OK, let's start with one investment type screen, select Other, then Continue
On the Tell us more about this sale screen, enter the name of the person or institution that brokered the sale
On the next screen, select Other (choose this also for inherited homes) then select I inherited it under How did you receive this investment? (For TurboTax Desktop you can enter a description of 'Inherited Home' and long term holding period).

@user17761201940

Re: 8606 Not Generating for Nondeductible IRA Contributions for 2024

sandy4042 — Mon, 13 Apr 2026 22:55:51 GMT

Sorry that happened to you. I have the desktop version and will never go to the online version based on your experience. I also like that the desktop version gives me access to Forms mode so I can see where TT is putting the input, and also What-if is available to calculate my estimated tax payments. Can you get a credit for the desktop version given the bugs in the online version?

Re: Turbo Tax for 2 years in a row has miscalcuated my Ohio underpayment penalty

ThomasM125 — Mon, 13 Apr 2026 22:55:49 GMT

TurboTax calculates an estimated penalty based on various factors, including your tax from the previous year and your tax withheld and estimated taxes paid in for the current tax year. That estimate can vary from what the state calculates.

Assuming your penalty for late payment of tax assessed by the state is accurate, the amount of tax and penalty you owe would be the same even if TurboTax had calculated the correct amount when you filed your tax return. So, I don't believe the TurboTax 100% guaranteed would apply, as you won't pay more tax overall as a result of the estimated tax shortfall.

Re: How to enter Muni Bond from non-NYS sources in New York State return

SteamTrain — Mon, 13 Apr 2026 22:55:01 GMT

@dave479

Great...you were able to fix it in Forms Mode. People with Online software can't.....since thy don't have direct Forms access

_________________________

For the Easy Step:

Yeah, a few folks don't understand what I said about setting the first button as "Multiple States".

THE First .."....only one state" Radio Button must be set to "Multiple States". Using the second button selection, and changing the order in the full table doesn't help.

Like this:

So the Turbo Tax AI cannot see the current page I am working on?

blmielke — Mon, 13 Apr 2026 22:54:13 GMT

It seems way behind in the world of AI

Re: is an ip pin number required?

fanfare — Mon, 13 Apr 2026 22:52:47 GMT

Sometimes the IRS assigns an IP PIN but doesn't tell you.

You find out the hard way when your e-File is REJECTED.

Just another reason not to wait till the last days.

@pdzq74

Turbo tax is charging $40 transfer fee for a $27 refund after turbo tax fees

gabriellewash — Mon, 13 Apr 2026 22:51:46 GMT

I am being charged a $40 transfer fee for a $27 refund after the turbo tax fees

Unable to file State Taxes after e-filing Federal post acceptance and get screen with adderess but cannot continue as it asks for my address

wmoleson — Mon, 13 Apr 2026 22:49:58 GMT

Unable to e-file after Turbo Tax desktop takes me to purchase AZ state and enter address but cannot “CONTINUE”?