All Business & farm posts

Re: Sch K-1 "Codes W to ZZ require add'l info. Enter x on the appropriate line in this section". ...

PatriciaV — Mon, 13 Apr 2026 22:43:41 GMT

You may need to return to the Schedule K-1 entry and work through the interview again. When you add a code for "additional information," TurboTax will usually present another screen where you can enter specific information according to the Supplemental Information sheet that came with the K-1.

For instance, if you enter Box 13 Code ZZ, you'll see a list of various deductions that can be reported (investment interest expense, miscellaneous itemized deductions, etc.). Box 20 Code Z is used for Section 199A. See the list of codes from the IRS Instructions for Schedule K-1 (Form 1065).

Re: how do i clear zero out of line 27a sch c

webwmn — Mon, 13 Apr 2026 22:35:17 GMT

Thank you so much!!! It was so frustrating but that worked.

Re: does anyone file a return for a trust? If so, how do they do their personal return?

VolvoGirl — Mon, 13 Apr 2026 21:44:24 GMT

You can do the Trust return only in the Windows Desktop Business program (not to be confused with the Home&Business program). You can buy it here,
https://turbotax.intuit.com/small-business-taxes/cd-download

Then you will get a schedule K-1 from the Trust return to enter into your personal return. For your personal return you can use either the Online Premium or buy any of the Desktop CD/Download programs for Windows or Mac. All the personal Desktop programs have the same forms, you get more help in the higher versions.

You can start an Online return here,
https://turbotax.intuit.com/personal-taxes/online

You can buy the personal Desktop CD/Download program now here,
https://turbotax.intuit.com/personal-taxes/cd-download

Re: How do I export my 2025 return to the desktop application?

VolvoGirl — Mon, 13 Apr 2026 21:39:30 GMT

There is a new way to move and continue your Online return in the Desktop program. Have you downloaded and installed the Desktop program?

Then to continue in the desktop version see this…….
https://ttlc.intuit.com/community/choosing-a-product/help/how-do-i-switch-from-turbotax-online-to-the-turbotax-software/00/26129

In the Desktop program try to OPEN your return. Do not click "Start a New Return." Go up to File-Open and click on "Continue From TurboTax Online."

does anyone file a return for a trust? If so, how do they do their personal return?

handson77 — Mon, 13 Apr 2026 21:38:49 GMT

for the past 20 years we have had to file two returns; one personal and one for a trust. our cpa has retired. we would like to have one person doing the returns for clarity of communication Does anyone have this same type of situation? and if so, how do you handle it?

Re: How do I export my 2025 return to the desktop application?

DoninGA — Mon, 13 Apr 2026 21:31:50 GMT

See this for saving the TurboTax online tax data file to your computer - https://ttlc.intuit.com/community/saving/help/how-do-i-save-my-turbotax-online-return-as-a-tax-data-file/01/25740?search-action-id=621000693224&search-result-uid=25740

How do I export my 2025 return to the desktop application?

mary-dixon — Mon, 13 Apr 2026 21:29:05 GMT

I've imputed all my data into the online site, but I need to use the desktop application to submit form 3115.

Re: Where do I find Regular Tax Carryovers, Alt Min Tax Carryovers, and QBI Carryovers on Schedul...

DawnC — Mon, 13 Apr 2026 21:24:55 GMT

What are you looking to enter on Schedule E, @nicole_grace ?

This is an old thread; you may want to start a new discussion thread on the Get Your Taxes Done Community board. If you do, click this link.

Re: i can't find a way to enter 3921 form

DoninGA — Mon, 13 Apr 2026 21:20:52 GMT

TurboTax does not support IRS Form 3921, Exercise of an Incentive Stock Option Under Section 422(b) - https://www.irs.gov/forms-pubs/about-form-3921

i can't find a way to enter 3921 form

jessie-zhoulong — Mon, 13 Apr 2026 21:16:50 GMT

Re: Where do I find Regular Tax Carryovers, Alt Min Tax Carryovers, and QBI Carryovers on Schedul...

nicole_grace — Mon, 13 Apr 2026 20:41:22 GMT

1. I right clicked everywhere and nothing happened.

2. Please just give the line number on Schedule E to enter myself

Re: Thrivent Financial has code 4D. What category does this come under for Pennsylvania?

DavidD66 — Mon, 13 Apr 2026 20:36:26 GMT

If it is a distribution from an Inherited IRA, you would indicate it is "Traditional or Roth IRA...". There are two choices, one if your over 59.5 and one if your under 59.5, so select accordingly.

Re: How do I resolve the problem of accessing Form 1116 when the supposed link to that form is in...

DaveF1006 — Mon, 13 Apr 2026 20:27:48 GMT

This is a question that arises in the Foreign Tax Credit portion of the interview. Here is how to indicate you wish to take the credit.

Go to the Federal tab on the left.
Select Deductions & Credits at the top.
Scroll down to the section titled Estimates and Other Taxes Paid.
Find Foreign Taxes and click Start (or Revisit).
When it asks "Did you pay foreign taxes in 2025?" → Click Yes.
Keep clicking Continue through the informational screens (about what qualifies as foreign tax).
"Tell Us About Your Foreign Taxes" → Check the box that says "Foreign taxes reported on Form 1099-DIV or 1099-INT" (and any others that apply). Click Continue.
You will reach a screen titled "Do You Want the Deduction or the Credit? Here is where you indicate you wish to take the credit.

Re: Where do you enter the useful life of an asset so it will depreciate the asset and prepare th...

PatriciaV — Mon, 13 Apr 2026 20:19:07 GMT

When entering an asset for depreciation, be sure you are reporting this asset under the correct categories. The Commercial rental option appears when you set up a Rental Property. On the page "What Type of Rental is This?" check the box for "Commercial." You must choose this type of rental in order to use the nonresidential asset type. Edit this entry under the Rental Property profile.

Under the Assets topic, select Asset Type "J1 - Nonresidential real estate." Also be sure to enter the date you first started using the building for your business. When you reach the end of the asset entry, check the box to "Show Details." This will reveal the parameters used to calculate the deprecation expense in the current year. If you entered the building correctly, you should see 39.0 years of Straight Line Depreciation.

Re: Schedule K-1 State income tax

kuhlbrockhaus — Mon, 13 Apr 2026 20:14:43 GMT

Thanks. I am an Ohio resident so it sounds like everything should be included.

Re: Schedule K-1 State income tax

DavidD66 — Mon, 13 Apr 2026 20:06:05 GMT

If you are an Ohio resident, the income you entered in your federal return will flow to your Ohio state return. If the amount on the Ohio K-1 is the same as the federal K-1, you don't have to do anything, unless there are differences on other lines. If you are not an Ohio resident, you need to file an Ohio non-resident return. There will be a section in the Ohio state return where you can allocate different types of income. If necessary you will add or adjust the amount allocated to Ohio for Business/K-1 Income.

Re: how do I change the total miles driven on a business

AmyC — Mon, 13 Apr 2026 20:02:53 GMT

Follow these steps:

Locate the section for Self-Employment Income and Expenses and click Edit/Add or Review.
Click Edit next to your specific business.
Scroll down to the Business Expenses section and look for Vehicle.
Click Edit next to the vehicle you want to update.
Continue through the screens until you reach the page titled "How many miles did you drive...?" or "Enter your mileage."

This is where you can update the total miles, business miles, and commuting miles

Re: sale of personal vehicle used partially for business

PatriciaV — Mon, 13 Apr 2026 20:01:10 GMT

When reporting the sale of a vehicle used for business purposes, the actual business use percentage must be calculated and entered by the user. Otherwise, TurboTax uses the current percentage in the calculations.

In general, lifetime business use percentage can be calculated by dividing the total business miles by the total mileage for the vehicle.

how do I change the total miles driven on a business

diamondkate58 — Mon, 13 Apr 2026 19:58:58 GMT

Re: I thought ther was a deduction on Socual Security

VolvoGirl — Mon, 13 Apr 2026 19:50:24 GMT

It is automatic based on your age. It is not part of your Standard Deduction. The new Senior Deduction is separate and in addition to the Standard Deduction or your Itemized Deductions on 1040 line 12e. The 6,000/12,000 senior deduction will be calculated on 1040 Schedule 1-A page 2 Part V Enhanced Deduction for Seniors which goes to 1040 line 13b with any other sch 1-A amounts. Turbo Tax automatically includes it if you qualify.

For Single the deduction starts to phase out at 75,000 and maxes out at 175,000
For Joint the deductions starts to phase out at 150,000 and maxes out at 250,000
If you are married you have to file a Joint return
And your SSN must be VALID for employment. Do NOT check the box saying Not Valid under My Info.

 For Online version You can preview the 1040 or print the whole return
https://ttlc.intuit.com/community/accessing/help/how-do-i-preview-my-turbotax-online-return-before-filing/00/26160

What do you have on 1040 or 1040SR line 13b?

See the 1040 ….