Get your taxes done using TurboTax

For the rent reduction, I reside in New Jersey.  I didn't see anything like what you mentioned on the form.  I will look again.  I did the Standard Deduction instead of itemized, could that be why?

 

For the timeshare, I went on Google and one of the entries said that you don't have to include the canceled debt if there is a Fair Market Value.  On the 1099C that I received, there are 2 different amounts in Box 2 and Box 7.  If I have to include it, which amount do I include?  On TurboTax, it didn't allow me to add the amounts though.  It just directed me to the irs.gov website.  Should I upload it on the same page I uploaded my W2?

 

If my husband makes a contribution today to his IRA, would that lower the tax owed now or will it only count for next year?