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For two specific tax years---2020 and 2021---you could enter cash charity donations that were not put on Schedule A with other itemized deductions.  The tax law changed back after 2021.  Since 2021, charity donations are once again itemized deductions that must go on Schedule A with other itemized deductions like mortgage interest, property tax, medical expenses or gambling losses.   A charitable donation almost never changes your tax due or refund all by itself.  First, your donation does not count "dollar for dollar"--it is calculated by a percentage based on your tax bracket.  You need a LOT of other itemized deductions like mortgage interest or property taxes, medical expense, etc. to itemize and exceed your standard deduction.     Your itemized deductions have to be more than your standard deduction before you will see a change in your tax owed or tax refund.  The deductions you enter do not necessarily count “dollar for dollar;” many of them are subject to meeting  tough thresholds—medical expenses, for example, must meet a threshold that is pretty hard to reach. (Only the amount that is MORE than 7.5% of your AGI counts)   The software program uses all the IRS rules that apply to the expenses you enter, and it tells you if you have enough to use your itemized deductions or if using the standard deduction is more advantageous for you.  Under the tax laws that have been in effect since 2018, some deductions have been capped—there is a $10,000 limit to the itemized deductions for state, local, property and sales taxes.   The standard deduction makes some of your income “tax free.”  It is not a refund.  You will see your standard or itemized deduction amount on line 12 of your 2024 Form 1040.     2024 STANDARD DEDUCTION AMOUNTS SINGLE $14,600    (65 or older/legally blind + $1950) MARRIED FILING SEPARATELY            $14,600    (65 or older/legally blind + $1550) MARRIED FILING JOINTLY $29,200    (65 or older/legally blind + $1550) HEAD OF HOUSEHOLD $21,900    (65 or older/legally blind + $1950)  

Joining the bandwagon here about TTax lack of support for K1 situations and bailing out on the 8990 for Line 13 code K and line 16 relating to K3's.   I have a minuscule amount of line 13 code K being reported (Excess Business Interest Expense) and I have no intention of using it as a deduction.   This is my first year of TTax after getting tired of paying to have the return done.  I looked back at what the tax accountant did and found they filled out the schedule A of the 8990 to record the values but ultimately put zero's in the 8990 Section one and the rest of the form where totals are recorded.   So I guess I could send this 8990 separately by mail to the IRS but how would they know to marry it to my e-filed return?   I think I'll just wait to see if they request it.      TTax did not block me from e-filing and made no mention of the 8990 needing to be sent in so will the TTax Audit defense cover this omission and help me sort it out with the IRS should they come inquiring?   I saw on an older post that maybe don't bother filing the 8990 at all given it's not going to be used in the end to reduce any taxes. I think I'll just hold it until the IRS requests it for now unless anyone else has an alternative solution.

To ensure that you get the military discount, review your entries in the personal info section.  Open TurboTax Select the dropdown by My info and select Edit Select Edit under Personal profile and check your entries Make sure that you have shown your military status as of December 31, 2024? Make sure that you entered your highest military pay grade in 2024 Enter an answer for combat zone or hazardous duty area you served in during 2024 Select a state and select Assignment detail On the next screen you will see the message: Yes! You qualify for our enlisted military discount.   Refer to the TurboTax Blog TurboTax Offers Free Tax Filing for Military Active Duty and Reserve.  

If you want to update the K-1s of a business return that has been filed and the return accepted, you will have to file an amended return for that business.  You can file an amended business return using TurboTax Business.  

If you are referring to a direct debit from your account, as long as you filed your taxes or extension before the due date (April 15, 2025), and scheduled your direct debit, there's nothing to worry about.  the IRS  or your state may not be able to debit your payment until after the deadline, due to high e-filing volume. Also, it can take your bank another few days to post the debit to your account.   Refer to the TurboTax Help article When will my tax payment go through?

If you entered it, TurboTax entered it.   If you have a 1095-A and e-file without it, your return will get rejected, so if it gets accepted, it was included.      Also, you should have Form 8962 included with your return if you entered a 1095-A.   The actual 1095-A does not get included, so you won't see it in the copy you save of your tax return.   

Very tragically, my husband, Peter M Kahora died tragically on Feb. 15 after falling during an ice storm resulting  in breaking his death and died 6 days later. We always have filed jointly every year. However I have turned this house upside out for our 2023 turbo tax filing. I am unable to find the 23 disk and he left no paper trail of that year. Ive completed my taxes with the 2024 turbo tax software, but it was rejected because I am unable to find the 2023 Annual Gross income from 2023. PLEASE help. Janet L. Kahora. Last 4 of my SS is 1536.