---
title: 📊 TurboTax
tags: turbotax
description: TurboTax
image: https://pbs.twimg.com/profile_banners/3540691454/1535710532/1500x500
---

<h1 style="text-align: center;">📊 TurboTax</h1>

<p style="text-align: center;
font-style: italic;">
<a href="https://turbotax.intuit.com" target="_blank">turbotax.intuit.com</a>
</p>

# Desktop app
*[Buy](https://turbotax.intuit.com/personal-taxes/cd-download)*
- Payments for the existing product(s) are applied to the price when upgrading versions
- Verify by adding the cost of each product purchased to the price of the latest version upgraded to

## Advantages

- Stays signed in to the tax return
- Does not sign out of the app compared to the web app which signs out after inactivity
- Can save multiple working versions of your return with *.taxYYYY* files
- Useful for quarterly estimated taxes

## Save versions

#### About

- Open a working version of a tax return on the desktop app
- Save a file for the year once completed to start off with for next year

#### Save

- Web app
- *Tax Tools* (Left navigation menu) > *Tools > Save your YYYY return to your computer*
- *Tax Home* > *Your tax returns & documents* > *Download .taxYYYY file*
- Desktop app: Top computer navigation menu > *File > Open Tax Return...* > Select file *taxReturn.taxYYYY*
- [How do I open my tax return in the TurboTax software I installed?](https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-return/open-tax-return-turbotax-software-installed/L8E9pED5w_US_en_US)

#### Upload

[Can you upload a current tax year's desktop app .tax file to the TurboTax web app?](https://ttlc.intuit.com/community/taxes/discussion/can-you-upload-a-current-tax-year-s-desktop-app-tax-file-into-the-turbotax-web-app/00/3368401) *in TurboTax Community*

## Opportunities

- Desktop app for Linux

# Quarterly estimated tax

## Federal

### Desktop
- Make a copy of the .taxYYYY working file, E.g. "turbotax-estimate-tax-qN-YYYY.taxYYYY"
- Search Topics: "Search Topics" button (Top navigation menu) > Search "1040-es" > Choose for next tax year (Current calendar year) or current tax year (Last calendar year)
- Manual navigation: "Personal" > "Deductions & Credits" > "Estimates and Other Taxes Paid" > "Estimates"
- "Federal estimated taxes for YYYY (Form 1040ES)"
- "State estimated taxes for YYYY"
- "Local estimated taxes paid in YYYY"
- This is for separate payments made to a local government
- If local payments are made with state payments, include the local payments in the state payments section *from Case #1516385163 on 2023-03-24*

### Web
Sign in > Select search icon in top-right > Select a section in the navigation menu to open first > Search for "1040-es" > Select "Jump to 1040-es"

### Form questions
- "Adjust How Much Tax You Pay" > "Do you want to change your W-4 withholdings for YYYY"?: Select "No"
- W-4 forms are for full-time employees
- "Estimated Taxes for YYYY" > "Do you want to prepare estimated taxes for YYYY?": Select "Prepare Now"
- "Review Your Estimated Taxes for YYYY" > "Do you want to adjust your income or deductions?": Select "Yes"
- Select "Your YYYY Filing Status" > "Dependent of Another?" > "Enter dependent information for YYYY" > "Enter Your YYYY W-2 Wage Information"
- W-2 forms are for full time employees
- "Enter Your YYYY Self employment Income": Only enter earned income and not investment income
- "Enter Investment Gains and Losses"
- "Short-Term Capital Gains or Losses"
- "Long-Term Capital Gains or Losses"
- "Investment Income Election"
- Used for deducting interest expenses paid on "non-passive" investments
- *See [What Are Deductible Investment Interest Expenses?](https://turbotax.intuit.com/tax-tips/investments-and-taxes/what-are-deductible-investment-interest-expenses/L9TeFQAf9)*
- "Enter YYYY Other Income": Use for investment income, E.g. Interest, dividends, and etc.
- *See [Where To Input Investment Income On Quarterly Estimated Tax 1040-es Form?](https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/where-to-input-investment-income-on-quarterly-estimated-tax-1040-es-form/00/2665389) in TurboTax Community*
- "Enter YYYY Adjustments" > "Business Income Deduction": This field should be pre-filled
- "Other Income Taxes" > "Payments with Extension" > "Payments with your {Past YYYY} state extension" > "How much of your {Past YYYY} state taxes did you pay in {Current YYYY}?"
- This is for payments made at or after the tax filing deadline
- "Enter YYYY Itemized Deductions" > "Increased Standard Deduction?" > "Enter YYYY Tax Credits"
- "Your Estimated Tax Bill for YYYY"
- "Do you want to apply an amount to your YYYY taxes?": Select "No" if using the 1040-es as an estimate for income taxes and the current tax year's info has not been completed
- "Enter Payments You Expect to Make or Enter Payments You've Already Made": Add federal payments already made for the current year
- "Which Method?": The most conservative method is the highest payment amount
- "Do you want us to print vouchers with your return?": Select "No" > Pay directly with [EFTPS](https://docs.google.com/document/d/1KSB1oBmTzmnwHgQwWwpEhIP6gM1Mc5VrgdJlpNSLebw/edit?tab=t.0#heading=h.qomleui612nv)

## State

### Desktop
1. Make a [copy of the working file](#Desktop)
2. Select "State Taxes" tab > "Edit" > "Other situations" > "Edit" > "Other forms" section > "Estimated and Local Income Tax" > "Start" or "Revisit"
3. "Estimated Taxes for YYYY?": Select "Yes"
4. "{Your state} Estimated Income": Enter estimates
5. "{Your state} Estimated Exemptions": Enter estimates
6. "Filing Status": Select status
7. "Choose Your Payment Option": The most conservative method is the highest payment amount
8. "Report Payments You've Already Made": Enter amounts
9. "Report Next Payment Date": Select a date
10. "Select Rounding Options": Select an option
11. "Payment Vouchers": Save the amount calculated to pay your state

## Web
- You can only use the estimator tool for the current calendar year
- Once a new year begins the form estimator for the past calendar year is not accessible
- If in between tax years
- Use the "Amend" feature to access the 1040-es estimator
- Don't submit the amendment, cancel after generating the calculator results
- Or for state search for your state's estimated payment calculator

## Related topics
- Double counting income
- Income included in the estimated tax payments will not be double-counted in future years because TurboTax asks how much of estimated taxes has been paid for the current tax year
- *See [How to Avoid Double Counting Estimated Income Tax?](https://ttlc.intuit.com/community/taxes/discussion/how-to-avoid-double-counting-estimated-income-tax/00/2529143) in TurboTax Community*
- [Can TurboTax calculate next year's federal estimated taxes?](https://ttlc.intuit.com/community/tax-payments/help/can-turbotax-calculate-next-year-s-federal-estimated-taxes/00/26437) *in TurboTax Community*
- [How do I make estimated tax payments?](https://ttlc.intuit.com/community/tax-payments/help/how-do-i-make-estimated-tax-payments/00/25875) *from TurboTax*
- [Where do I enter 1040es payments](https://ttlc.intuit.com/community/taxes/discussion/where-do-i-enter-1040es-payments/00/768914) *in TurboTax Community*
- [Will TurboTax help me figure out self employment quarterly payments?](https://www.reddit.com/r/TurboTax/comments/ma88zc/will_turbotax_help_me_figure_out_selfemployment) *in r/TurboTax*
- [TaxCaster](https://turbotax.intuit.com/tax-tools/calculators/taxcaster/): Determine if an estimated tax payment is required

# Self employment

## Desktop
- Upgrade TurboTax when it is necessary to move forward
- "Federal Taxes" tab > "Wages & Income" section > "Business Items" section > "Business Income and Expenses (Sch C)"
- Deduction for health insurance premiums for self employed sole proprietors in Form 1040: [Where do I enter my health insurance premiums if I'm self-employed?](https://ttlc.intuit.com/turbotax-support/en-us/help-article/import-export-data-files/enter-health-insurance-premiums-turbotax-home-self/L59djSwe7_US_en_US?uid=m9a69qme) *by TurboTax*

# Cryptocurrency

## About
- [Crypto tax open info OI](https://docs.google.com/document/d/1e03I6kGgzDaOksqqvCRrG7oIpEFVTZ8avtC5_a9XWzo/edit#heading=h.8jhet6s86aq6)
- [TurboTax Investor Center open info OI](https://hackmd.io/@openinfo/turboxtax-investorcenter)
- [How do I enter my crypto in TurboTax?](https://ttlc.intuit.com/turbotax-support/en-us/help-article/cryptocurrency/import-cryptocurrency-transactions-turbotax/L8OPxrOa7_US_en_US) *in TurboTax Community*

## Integrations
- Check if there are direct integrations with your cryptocurrency tax aggregator software and the TurboTax web app
- If so you can start taxes on the web app, then download the .tax file, and then finish your taxes on the desktop app

## Capital asset sales

### Desktop
*Personal* tab > *Personal Income* > *I'll choose what I work on* > *Investment Income* > *Stocks, Cryptocurrency, Mutual Funds, Bonds, Other* (1099-B) > *Add investments* or *Add more sales* > *Cryptocurrency* > Choose the name of the source used to generate the report > Upload

### Web
*Federal > Wages & Income > Investments and Savings > Stocks, Cryptocurrency, Mutual Funds, Bonds, Other* (1099-B) > *Add investments* or *Add more sales* > *Cryptocurrency* > *Let's import your tax info: Enter a different way* or *Try another way* > *Cryptocurrency* > *Upload it from my computer*

### >4,000 transactions

#### Sample error message
> Schedule D: Line 16 does not include capital asset sales because you have exceeded the maximum number of noncovered sales. Since you have more than 4000 noncovered sales, you will need to remove some of the noncovered sales. They can be replaced by entering a summary and attaching a statement to your return with the individual sale details.
- [Noncovered Security: Definition, Reporting Rules, vs. Covered](https://www.investopedia.com/terms/n/non-covered-security.asp) *by Investopedia*

#### Potential solutions
- Manually enter a condensed, consolidated, or Multiple Sales and Other Dispositions of Capital Assets (8949) form(s) provided by your exchange or tax calculation tool.
- Sale details view
- "Date acquired": Select "Something other than a date" > "Various"
- "Date sold": Enter the most accurate date possible

## Income
- Report crypto income as one line item: *Federal > Wages & Income > Less Common Income > Show more > Miscellaneous Income, 1099-A, 1099-C > Other reportable income* > Enter the description "Cryptocurrency" and the USD amount.
- *See [CoinTracker open info (OI)](https://hackmd.io/@openinfo/cointracker/https%3A%2F%2Fhackmd.io%2F%40openinfo%2Fcointracker-about#TurboTax)*

# Manage documents

## View

### Desktop
- Select the "Forms" button in the top menu bar
- Go back to the TurboTax UI: Select the "EasyStep" button in the top menu bar

### Web
- Summary: *Tax Tools* (Left navigation menu) > *Tools > View Tax Summary*
* Federal: *Review Tax Summary*
* State: {*Your state abbreviation*} *Tax Summary*
- All forms: *Tax Tools* (Left navigation menu) > *Print Center > Print, save or preview this year's return* > Select forms.
- *See [How do I preview my TurboTax Online return before filing?](https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-return/preview-turbotax-online-return-filing/L77WCkvnu_US_en_US)*

## Remove

### Desktop
[How do I delete a tax form in TurboTax Desktop?](https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-forms/delete-tax-form-turbotax-cd-download-software/L2d7wSGxc_US_en_US) *in TurboTax Community*

### Web
*Tax Tools* (Left navigation menu) > *Tools > Delete a form*

# Payments

## Tax payments with credit cards
- Tax payment types: Yearly tax returns, quarterly estimated taxes, etc.
- Credit card fees
- [IRS.gov](https://www.irs.gov/payments/pay-your-taxes-by-debit-or-credit-card): 1.82-1.98% (April 2024)
- TurboTax: 2.49%
- Federal: You can pay through TurboTax or IRS.gov
- State: You have to pay through the state website directly

## File return with TurboTax and pay the government directly

#### About
Useful when the payment processing fees are lower through the government than through TurboTax.

#### Steps
1. *How would you like to pay your federal taxes?* > Select *Pay by check*
2. Save the payment amounts to pay the federal and state governments directly.
3. Pay
1. Federal: [IRS.gov](https://www.irs.gov/payments/pay-your-taxes-by-debit-or-credit-card) > *Form 1040 Current Tax Return 2022*
2. State: Find your state's tax payment website. > *Personal Income Tax*

# File extension

## About
May be accepted within a few hours up to 2 business days

## Desktop
- Use the web app to file an extension directly. The desktop app can only print out the forms. (2023)
- Look up the info required to file the extension from the [tax forms](#View-tax-forms) on desktop
- Quarterly estimated tax payments: "Tax Payments" form

## Web
- File directly: [Free federal tax extension is now available](https://turbotax.intuit.com/irs-tax-extensions)
- You can select "Skip for now" for purchasing the tax software
- In-app: Select *Federal* > *Tax Tools* (Left navigation menu) > *Tools > File an extension*
- State: [Do I need to file an extension for my personal state taxes?](https://ttlc.intuit.com/community/extensions/help/do-i-need-to-file-a-state-extension-if-so-how-do-i-do-this/00/25693)

## Estimated payments
- Desktop app: "Personal" > "Deductions & Credits" > "Estimates and Other Taxes Paid" > "Other Income Taxes"
- Federal: "Payment with YYYY federal extension"
- State: "Payment with YYYY state extension"
- The state tax section may have you remove the amount entered for state in the federal tax section and only include it in the state tax section
- [Does TurboTax desktop automatically include interest owed in the federal and state "tax due"?](https://ttlc.intuit.com/community/taxes/discussion/does-turbotax-desktop-automatically-include-interest-owed-in-the-federal-and-state-tax-due/00/3368034) *in TurboTax community*

# Amendments

## About
- [Do I need to amend?](https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-return/need-amend/L4CbYvSN4_US_en_US)
- [How do I amend my federal tax return for a prior year?](https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-return/amend-change-correct-return-already-filed/L4VjJ9BA2_US_en_US)
- The refund calculator starts new at $0 and only reflects the changes in the refund or tax due.
- If you purchased [TurboTax protection](#TurboTax-audit-protection) for the original tax year, you don't need to repurchase it.

## Amended federal return rejected
- Error message: *Your amended federal tax return was rejected and needs to be resubmitted*
- Potentially due to a return signature date error
- *See [Amended return rejected](https://ttlc.intuit.com/community/taxes/discussion/amended-return-rejected/00/2767411) on TurboTax forum 2022-08-28*

# Related topics

## TurboTax audit protection
- Covered in _MAX_ plan
- [What is MAX?](https://ttlc.intuit.com/community/choosing-a-product/help/what-is-max/00/26700)
- [What is Full Audit Representation?](https://ttlc.intuit.com/community/using-turbotax/help/what-is-audit-defense/00/25537)
- Powered by [TaxAudit.com](https://www.taxaudit.com)
- [Who is TaxAudit.com and what is their relationship to TurboTax?](https://ttlc.intuit.com/community/using-turbotax/help/who-is-taxaudit-com-and-what-is-their-relationship-to-turbotax/00/26363)
- Enable
- Go to *Review* > Click through the options/views until reaching the MAX protection screen
- *See [How do I get MAX?](https://ttlc.intuit.com/community/choosing-a-product/help/how-do-i-get-max/00/26701)*
- [I bought MAX or PLUS and now I'm being audited](https://ttlc.intuit.com/community/using-turbotax/help/i-bought-max-or-audit-defense-and-now-i-m-being-audited/00/26694)
- *Call TurboTax first, do not contact the IRS or state.*
- *To ensure effective representation regarding your case, TaxAudit must be your first and only contact.* (8 - 5 pm Pacific time)

## Composite 1099 forms
- TurboTax can import the data directly connecting to the organization
- [Where do you enter 1099 composite forms on TurboTax?](https://search.brave.com/search?q=Where+do+you+enter+1099+composite+forms+on+TurboTax%3F&summary=1&conversation=4fa828c873736e1057c6e1) *from Brave*

## Tax loss carryforward
- *See [open info](https://docs.google.com/document/d/1KSB1oBmTzmnwHgQwWwpEhIP6gM1Mc5VrgdJlpNSLebw/edit#heading=h.s4bdelv4hsdv)*
- Losses should be carried over automatically from prior years if filed with TurboTax.
- View Schedule D: Income view > Carryover column
- Resources
- [How do I enter my capital loss carryover?](https://ttlc.intuit.com/turbotax-support/en-us/help-article/accounting-bookkeeping/enter-capital-loss-carryover/L49NjxzUq_US_en_US) *by TurboTax Support 2023-01-13*
- [How specify a capital loss carryforward?](https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/how-specify-a-capital-loss-carryforward/01/2968256#M101491) *on TurboTax forum 2023-03-20*

## Personal data sharing agreement (2022 tax year)
- Screen: _We can help you do more_
- *You can choose to have us share your tax return information in order to enhance your Intuit account and build your profile, communicate with you, provide personalized offers, give you advice regarding your unique financial profile, provide you with live expert advisory services, provide insights for the benefit of you or other customers, and provide aggregated salary and market insights to Intuit customers or to the general public.*
- *Information that may be shared with our parent company, Intuit Inc. and its subsidiaries includes personal and business information, filing status, refund or taxes due, income and other compensation information, social security number, deductions and credits, other information related to your use of TurboTax, and financial institution connection information. You are consenting to allow this disclosure within three years of the date of your signature.*
- If declining, you do not need to sign the form.
- Resources
- [What does this mean? "Limit offers you receive to only what you need"](https://www.reddit.com/r/TurboTax/comments/tp9we6/what_does_this_mean_limit_offers_you_receive_to/) *on r/TurboTax 2022-03-26*
- [I have a question Don't understand the consent. Do we need to sign it to file or what?](https://ttlc.intuit.com/community/taxes/discussion/i-have-a-question-don-t-understand-the-consent-do-we-need-to-sign-it-to-file-or-what/00/147734) *in TurboTax Community*
- [You agreed to what? Tax sites want your data for more than filing.](https://www.washingtonpost.com/technology/2022/04/12/tax-prep-privacy/) *by The Washington Post 2022-04-12*

## Discounts
- You can only apply one type of discount

# Troubleshoot

## Virtual private networks VPNs
- Some features may not work with the VPN turned on
- Try temporarily turning the VPN off

## Sign in flow repeating
- Change VPN source
- Disable VPN

## "Hmm, looks like we hit a slight snag in this section"
- Attempted solutions
- Delete the section and re-input the data.
- Clear the cache and cookies.
- Try on different browsers.
- Disable VPN and ad blockers.
- Restart computer.
- Samples
- Amend taxes: [@adamshurwitz 2023-04-20](https://twitter.com/adamshurwitz/status/1649154651793530880)
- [Why am i getting a message...](https://ttlc.intuit.com/community/taxes/discussion/why-am-i-getting-a-message-that-says-hmm-looks-like-we-hit-a-slight-snag-in-this-section-and-try/00/1328522) _on TurboTax forum 2020-03-17_
- [TurboTax Support](https://ttlc.intuit.com/community/taxes/discussion/hmm-looks-like-we-hit-a-slight-snag-in-this-section-completely-done-with-taxes-but-won-t-let-me-file/00/1171207) *on TurboTax forum 2020-02-17*

## Clear the current year's data
[TurboTax clear data](https://search.brave.com/search?q=TurboTax+clear+data&source=web&summary=1&conversation=cd6a533c583bede2b606c4) *from Brave search*

# Community and support
- [Forum](https://ttlc.intuit.com/community/file-with-turbotax/discussion/03/303)
- Create a post: Select a topic > *Ask a Question*
- Reddit: [r/TurboTax](https://www.reddit.com/r/TurboTax/)
- Live support (Logged in)
- Desktop: [TurboTax Support](https://ttlc.intuit.com/turbotax-support/en-us) > "Connect with an expert" button
- Web: Select *?* (Question mark) button (Top-right) > Type *support* > Select *Talk to a specialist* > Type the question's topic > Select *Looking for something else? > Continue connecting me to a person*
- Re-request to talk to support if you don't receive a call after 20-30 min
- Screen share the entire computer: [turbotaxshare.intuit.com](http://turbotaxshare.intuit.com)
- Other
- Reddit: [r/taxpros](https://www.reddit.com/r/taxpros/)

<p style="text-align: center; font-style: italic">This is not legal, financial, or technical advice. Do your own research.</p>