Open TurboTax

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

All Posts

Not on any 1099. This is trust/beneficiary other income. 8z corresponds to it.
Well, looks like they have done it again and decided to discontinue it. At a minimum, they could have at least allowed us to use this through 2025, but no! They are stopping it on October 25, 2025. 
I agree with others... I would contact the President of Intuit.    https://www.intuit.com/company/contact/office-of-the-president/
Please oh please do not discontinue this product!    Saves me hours of work every year.    I will pay, we will all pay.   There is not a tool out there even close to as good and as easy to use as thi... See more...
Please oh please do not discontinue this product!    Saves me hours of work every year.    I will pay, we will all pay.   There is not a tool out there even close to as good and as easy to use as this!    
They tried once to end it, but that backfired.  Now they send out an email with no ability to reply or complain.  It’s deductible was the only thing keeping me coming back, so I’m not coming back.
if that's 13AE on a partnership K-1 the amount is not deductible for federal purposes. No additional info is needed for federal 1040. some states may allow the deduction in which case additional info... See more...
if that's 13AE on a partnership K-1 the amount is not deductible for federal purposes. No additional info is needed for federal 1040. some states may allow the deduction in which case additional info may be need in the state return. if you do have a resident state return- please provide its name and someone may be able to help you further.     not sure what you're saying about prior year is correct because I checked 2023 1040 partner k-1 item 13AE. no additional info required. ay least for Turbotax desktop deluxe  
See the replies to your other, more detailed, post about your W-2.  
Thank you for that info as a 20+ year TT user I will be exploring that option this year as well. 
I couldn't agree with you more!  I've been using It's Deductible for years and I've told so many people about it.  I'll be lost without it.  I sure wish they'd reconsider.
My son has lived in Spain since 7/31/2024.  When taxes were due in April 2024 he still hadn't lived there for an entire year, so we are now amending his taxes to claim the tax exemption for the full ... See more...
My son has lived in Spain since 7/31/2024.  When taxes were due in April 2024 he still hadn't lived there for an entire year, so we are now amending his taxes to claim the tax exemption for the full year .  TurboTax asked for the 12 months of foreign residence, so we entered 7/31/2024-7/30/2025, even though he still lives there.  After we enter that information, TT asks how many times he's been back to the USA.  He's been back twice to visit family (not for business),  TT asks how many of those days were spent here for business, but it doesn't allow you to say 0.  Should we just say he has not been back in the US at all?
clarify! how is 3742 in depreciation larger than 18970. we need more details but i will give you a method that is often suggested.   multiply the cost of the vehicle by business mileage all years... See more...
clarify! how is 3742 in depreciation larger than 18970. we need more details but i will give you a method that is often suggested.   multiply the cost of the vehicle by business mileage all years divided by total mileage all years. this is the portion that is the business cost the rest is personal. split the sales price proportionately between the two costs. there will probably be a loss on the personal portion which is not deductible.   for the business portion you have a portion of the $200 as the sales price your basis in in the business portion of the cost reduced by depreciation taken. if more than the businees cost was taken this is recaptured as ordinary income.  Not sure how this would be done in Turbotax.  A workaround might be to use depreciation = business cost so basis is zero and threat the excess depreciation as additional proceeds.         
Wait, what?  No Windows 10 support for TurboTax desktop, WTF?  Just because Microsoft is no longer supporting Windows 10 doesn't mean you need to stop.  Is Intuit owned by Microsoft now? Or did they ... See more...
Wait, what?  No Windows 10 support for TurboTax desktop, WTF?  Just because Microsoft is no longer supporting Windows 10 doesn't mean you need to stop.  Is Intuit owned by Microsoft now? Or did they just pay Intuit off to force us to upgrade?  This is the second FU I've seen from Intuit today.  As a customer of at least 20 years I have to say I no longer feel important to this company.
the standard mileage deduction is not entirely depreciation. the depreciation included is listed in IRS PUB 463 page 35 https://www.irs.gov/pub/irs-pdf/p463.pdf    you are allowed to use the ... See more...
the standard mileage deduction is not entirely depreciation. the depreciation included is listed in IRS PUB 463 page 35 https://www.irs.gov/pub/irs-pdf/p463.pdf    you are allowed to use the standard mileage rate even after the basis is reduced to zero by the depreciation    since the IRS says basis is zero your taxable gain would be the sales price assuming fully depreciated  
I agree Intuit should continue offering this tool to its TurboTax users, or incorporate the full feature set into ALL the versions of TurboTax.   At BARE MINIMUM please extend the tool thru the end... See more...
I agree Intuit should continue offering this tool to its TurboTax users, or incorporate the full feature set into ALL the versions of TurboTax.   At BARE MINIMUM please extend the tool thru the end of the 2025 tax season.    What's the rush to end it, please explain Intuit.
Well,  goodbye TT.     H&R has a similar program attached to their Federal return product.  I will just buy H&R instead of TT.  Overall, not as good a program but it does support itemized charitabl... See more...
Well,  goodbye TT.     H&R has a similar program attached to their Federal return product.  I will just buy H&R instead of TT.  Overall, not as good a program but it does support itemized charitable contributions.  As I am downsizing a home & donating a lot of goods to charity, this is important.  And I will save money as its not as expensive as TT.   Warm regards TT.
for what it's worth an Excel or other worksheet or just notebook entries. probably not as convenient since there would be no transfer to turbotax but in many cases details are not required. this is a... See more...
for what it's worth an Excel or other worksheet or just notebook entries. probably not as convenient since there would be no transfer to turbotax but in many cases details are not required. this is also Quicken, no longer an Intuit product but you my b able to import what's needed into Turbotax.  
from the IRS Nonqualified plans. Report any reportable distributions from commercial annuities. Report distributions to employee plan participants from section 409A nonqualified deferred compensati... See more...
from the IRS Nonqualified plans. Report any reportable distributions from commercial annuities. Report distributions to employee plan participants from section 409A nonqualified deferred compensation plans and eligible nongovernmental section 457(b) plans on Form W-2, not on Form 1099-R   Box 11. This amount is (a) reported in box 1 if it is a distribution made to you from a nonqualified deferred compensation or nongovernmental section 457(b) plan, or (b) included in box 3 and/or box 5 if it is a prior year deferral under a nonqualified or section 457(b) plan that became taxable for social security and Medicare taxes this year because there is no longer a substantial risk of forfeiture of your right to the deferred amount. This box shouldn’t be used if you had a deferral and a distribution in the same calendar year. If you made a deferral and received a distribution in the same calendar year, and you are or will be age 62 by the end of the calendar year, your employer should file Form SSA-131, Employer Report of Special Wage Payments, with the Social Security Administration and give you a copy. Box 12. The following list explains the codes shown in box 12. You may need this information to complete your tax return G—Elective deferrals and employer contributions (including nonelective deferrals) to a section 457(b) deferred compensation plan     in order for the amount to appear on 8t there must be an amount in box 12 with code G.