Deductions & credits

Line 2 on form 1116 asks for expenses definitely related to the income.  I have researched this for hours and I am getting different answers by experts.  Some say don't enter anything here if I take the standard deduction and I already entered the expenses for this property on schedule E.  Others say copy paste whatever is on schedule E.  Yet others say only list expenses, but not the depreciation.  Is the IRS not clear on this?  Why is there so much confusion on this topic?  Here is an example:  gross income from rental income is $20,000, expenses related to the property is $7,000.  Foreign income taxes paid is $1,500.  Depreciation on schedule E is $5,000.  What number do I enter on line 2?

Hello  I have a situation this year, where I have a very large capital gain from a stock sale. I am also a Expat so my income is earned abroad, and taxed much higher than US, so i also have a large Foreign Tax Bill. However when I enter the numbers, the foreign tax credit is getting limited to a small number and I am unable to take advantage of the foreign tax I have paid .. ( so i am effectively getting double taxed in this income). Here is a hypothetical describing my SituationLarge capital Gain.. Say 500kForeign Income .. Say 100kForeign Taxes, Say 50K US Taxes (hypothetical)  500k@15% + 100K@35% =  112K.Foreign Tax Credit is limited at 112K*100k/600k = 18KShouldn't the foreign Tax Credit instead limit at the rate of Income Tax, i.e 100K@35%=35K  I am ending up with a huge tax bill because of this.  

This is the first year I'm renting inherited land and utility buildings to a farmer.  TT calls the hay barn and maintenance shop "residential" assets and uses a 27.5 year depreciation schedule.  How can I override these defaults? 

I just learned that Itsdeductible was taken offline last month. I didn't see the messages as they were filtered to a spam folder. It would have been nice if earlier this year they put a message in the app saying it was coming down soon, but maybe I just missed it. I loaded a ton of deductions from a purging of children's clothes/toys earlier this year and would love to have that data. Has anyone had luck with Intuit emailing those exports?

Using TurboTax Premier - It appears Its Deductible is still not working. Does anyone have any fixes? The one I saw about signing out, signing in and using older version is not working for me.

NOT AGAIN! I just got the announcement that "On October 21, 2025, ItsDeductible will be discontinued." We've already been through this. I thought this tool was safe, but it seems not. It's a tremendously helpful integration and it saves us hours. We donate all year long and need a robust way to track everything, and then have the amounts flow through to returns. Please reconsider sunsetting support for ItsDeductible. Thousands of users rely on it, I would imagine.

I contributed $3,500 in 2026 towards my 2025 HSA. I can't find where to enter that on an amended return.

So far: Deductible Duck: [link removed] Deductib.ly: [link removed] DeductAble: [link removed] Kebab: [link removed] Deduct It: [link removed] Deductible.me: [link removed] Not sure why the above links had to be removed. The products listed are no longer any competition for Intuit since ItsDeductible was discontinued.

I am self-employed on Medicare.  I paid for health insurance premiums for my non-dependent child under age 27.  I am trying to amend my 2025 return to include but where can I include those?  Using TT Home and Business desktop.  Thank you.

est tax due 6/15/2026.

The TurboTax on -line form mention tax credit for Other States or COUNTRIES, but only provides options for the 50 states and territories

I followed the below thread, and Turbo Tax is still NOT flowing this credit through correctly (link: https://ttlc.intuit.com/community/taxes/discussion/adoption-tax-credit-when-adoption-has-not-been-finalized/00/3751612)

In AZ

Here is my social security number 659-65-4538. My phone number is 598-659-6898

Thought I entered all relevant information to receive home energy credit for heat pump. Could not find place to enter replacement of electrical panel. Summary indicated no credit available. What gives?

I have multiple sclerosis, a chronic, progressive, incurable disease.  My nuerologist has recommended a facility out of state where I get outpatient physical therapy by highly trained MS specialists.  I have to fly to this out of state location, rent a car and get a place to stay. I also have to get meals while I am there. There are no inpatient accommodations at this facility.  This is the ONLY place in the US that provides this specialized physical therapy.  Last year one stay was 6 weeks. I rented an air B&B for one month and had to stay at a hotel for the remaining time. My requirements were clean and safe accommodations, nothing fancy. I used all discounts available to me.  I must return every six months to maintain my mobility (ability to walk). In the past I have been able to take the full amount of my meals, travel and accommodations off of my taxes.  Last year I spent over $12,000.00. Now I cannot  take my meals off and I am limited to $50.00/night for accommodations.  The

it shows up some of my rental properties but not all when adding income and expenses

After filing my 2025, I was advised by my financial advisor I should have chosen to itemized deductions.   When I attempt to amend my filing, TurboTax only display standard deduction is better for me without giving me an option to change to itemized deduction.  And not comparison number is provided on screen (desktop version). Has anymore run into this issue for 2025 TurboTax?Thanks!

I am using TurboTax Premier online to do my taxes this year.  I intend to file both my federal and state returns electronically this year.  However, last year, I used the TurboTax Deluxe Desktop version and filed my federal return electronically, but filed my WV state return by mailing in paper forms, which is what I have always done in the past to avoid paying the additional fee to electronically file the state return.  I'm now getting a question that I don't know how to answer.  This is it... How did you file taxes last year?It looks like you started, but didn't successfully e-file the 2024 return with TurboTax. We'll use this info to guide you through the next steps.E-filed with a different tax softwareFiled with a CPAPrinted and mailed tax returnTried to e-file, but was rejectedDidn't file taxes As you can see, none of these responses really fit my situation.  I don't want to make a mistake at this point. How do I get past this question?

I have a foreign bank account, and during the last calendar year, I had more than $10,000 in it but less than $50,000. TurboTax says I don’t need to report the foreign account because I had less than $50,000, but I’m still being required to upgrade to Deluxe. Do I need Deluxe? If not, should I be checking “no” to having a foreign account and filing a separate foreign account-related form for the over $10,000 amount? 

IRS Publication 502 says:"...You can’t include expenses you pay for with a tax-free distribution from your health savings account. " I pay Medicare Part B premiums, copays, deductibles and pharmacy expenses with HSA money.Is there a way TurboTax can make this clearer in the Medical Expense Deduction sections of both the Federal and the Ohio State Tax forms? The instructions only mention exclusions for expenses paid from Medical Savings Accounts and Health Reimbursement Accounts, but there's no mention of HSAs which I suspect are very common.I completely missed this and need to file an amended return.

I see a possible Turbo Tax interview issue. I bought a new furnace this year for my existing main home. The only section of this form 5695 that pertains to me is Part II Section B "Residential Energy Property Expenditures. However, the worksheet is deemed incomplete if you overide Section A having to do with insulation, doors, windows and the like. The interview asks if you have any of these items and if you put "No", it still does not skip Section A. It then automatically fills in Section A 17a,b,c,e as a "NO" which connotates that you have made these improvements ,but of course, you have no expenditures and will leave the remainder of the section blank anyway. .  I believe the entire Section A should be overridden and left blank  as long as you are only dealing with improvements in Section B like furnaces....I have not filed yet, but if the review process says I have an incomplete 5695 worksheet, I guess I'll deal with it more then.Any thoughts anyone?

I purchased a rental property in my own name and traveled multiple times to inspect the property, oversee repairs, and coordinate work related to preparing/managing the rental. The airfare tickets were charged to a credit card account where my mother is the primary account holder and I am an authorized user. She ultimately paid the credit card bill, and I do not have a formal reimbursement record. For tax purposes, does the IRS generally care who actually paid the credit card bill, assuming the travel itself was genuinely for rental/property activities? I understand trips related to acquiring/preparing the property may be treated differently from later property-management travel, but my main question is whether payment by a family member (on a card where I am an authorized user) creates an issue for claiming the expense.

Filing taxes myself

I claimed paid property tax for Wisconsin but turbo tax will not enter the school tax credit