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You aren't doing anything wrong.  Only the 15 year old is eligible for the Child Tax Credit.  The 17 year old is now eligible for the Credit for Other Dependents ($500).   Here are all the requirem... See more...
You aren't doing anything wrong.  Only the 15 year old is eligible for the Child Tax Credit.  The 17 year old is now eligible for the Credit for Other Dependents ($500).   Here are all the requirements, per What is the Child Tax Credit? "Be under age 17 at the end of the tax year Is your child, stepchild, foster child, adopted child, sibling, step sibling, half sibling, or a descendant of any of them (for example, a grandchild, niece, or nephew) Has their own Social Security number Lived with you for more than half the year Didn't support themselves (didn't pay more than half their own expenses) Is a U.S. citizen, U.S. national, or U.S. resident alien" For more information, see Who Can I Claim as a Tax Dependent?    
Thanks for this topic.  This bug wasted 10mins of my life that could have been better wasted on YouTube.  Try harder Turbo Tax Devs!
The answer depends on the specifics of your situation. Generally, if you received a 1099-MISC for providing home health care services, you may be considered self-employed, meaning you would need to p... See more...
The answer depends on the specifics of your situation. Generally, if you received a 1099-MISC for providing home health care services, you may be considered self-employed, meaning you would need to pay self-employment taxes. However, there are exceptions.   According to the IRS, if you are providing care for a family member and are not engaged in the trade or business of caregiving, you may not owe self-employment tax. For example: If you are caring for a spouse who was injured and permanently disabled, and you received payments from an insurance company, you likely do not owe self-employment tax. If you are caring for grandchildren so that your child can work, and you received payments from a state agency, you likely do not owe self-employment tax. If you care for anyone other than family, then you are an independent contractor needs to pay self-employment taxes.  
How to navigate back to a section to correct an amount i entered?
It depends. The procedures for compensating yourself for your efforts in carrying on a trade or business will depend on the type of business structure you elect.   Refer to the IRS topic Paying y... See more...
It depends. The procedures for compensating yourself for your efforts in carrying on a trade or business will depend on the type of business structure you elect.   Refer to the IRS topic Paying yourself for more information. 
If you are preparing personal taxes there is none.  Are you using TurboTax Pro-Series? The instructions for Intuit Pro-Series states this: Select E-File Dashboard on the left side of your program. Th... See more...
If you are preparing personal taxes there is none.  Are you using TurboTax Pro-Series? The instructions for Intuit Pro-Series states this: Select E-File Dashboard on the left side of your program. There is a column for SUBMISSION ID# at the far right.
There are limitations on how much can be deducted based upon:   Your income (modified adjusted gross income),  Your filing status, and  Whether you are covered by a retirement plan (box ... See more...
There are limitations on how much can be deducted based upon:   Your income (modified adjusted gross income),  Your filing status, and  Whether you are covered by a retirement plan (box 13 on your W-2). The modified adjusted gross income tables are found on pages 13 and 14 of IRS Publication 590-A.   IRS Publication 590-A, page 9, states:   For 2024, the most that can be contributed to your traditional IRA is generally the smaller of the following amounts.   $7,000 ($8,000 if you are age 50 or older). or  Your taxable compensation for the year. This is a complex area of the tax code.  TurboTax will determine whether you qualify for a deductible contribution to a traditional IRA.   In TurboTax Premium Online, select Traditional and Roth IRA Contributions under Deductions & Credits.
Try to review the rejection message first; it'll tell you what to do next. What does my rejected return code mean and how do I fix it?   Can I e-file my state return before my federal?
It used to be one click from desktop to request an extension. Now it's total bull**bleep** having to go re-enter stuff on the web.  I will do everything I can, as a 35 year user of Turbo tax, to ditc... See more...
It used to be one click from desktop to request an extension. Now it's total bull**bleep** having to go re-enter stuff on the web.  I will do everything I can, as a 35 year user of Turbo tax, to ditch this app
2025 this issue still exists, phone number gets added but not email address and the live help is useless for the premium you pay
$59. I was asked several times if I wanted to upgrade and I said no because I couldn’t afford it. Now I just need to know what I owe something you can put my taxes through.
Yes, box 12 code W.   TurboTax will recognize that when you enter the W-2 so you needn't report it a second time. 
$59. I was asked several times if I wanted to upgrade and I said no because I couldn’t afford it. Now I just need to know what I owe something you can put my taxes through.
Here is how: 1. Once you have navigated to your business (Federal > Wages & Income > Self-employment income and expenses), choose "Add expenses for this work" 2.  Go to "Less Common" and page unt... See more...
Here is how: 1. Once you have navigated to your business (Federal > Wages & Income > Self-employment income and expenses), choose "Add expenses for this work" 2.  Go to "Less Common" and page until you get to "Inventory" 3. Choose the pencil to the right of inventory and say "Yes, I have inventory to report" 4.  Answer the questions about your inventory, 
TurboTax will send you an email 
Q. What steps do we need to take to avoid having 529 funds appear as income?   Room and board are only qualified expenses for a 529/ESA distribution. R&B are not qualified for the education credi... See more...
Q. What steps do we need to take to avoid having 529 funds appear as income?   Room and board are only qualified expenses for a 529/ESA distribution. R&B are not qualified for the education credit or tax free scholarship. If the student lives off campus, your qualified R&B expenses are limited to the lesser of your actual costs or the school's "allowance for cost of attendance" (COA).  There is a separate COA for students living at home   Allow for $4000 of tuition and fees to not be covered by a 529 distribution or scholarships, so that you can claim the tuition credit.    Be sure your distributions are taken in the same year as the expenses were incurred. A common error: you take a distribution in December to make a payment in January.  That will not be a "qualified distribution".    For 529 plans, there is an “owner” (usually the parent, but the grandparent in this case), and a “beneficiary” (usually the student dependent). The "recipient" of the distribution can be either the owner or the beneficiary depending on who the money was sent to. When the money goes directly from the Qualified Tuition Plan (QTP) to the school, the student is the "recipient". The distribution will be reported on IRS form 1099-Q.  The 1099-Q gets reported on the recipient's return, if it needs to be reported.    The 1099-Q is  only an informational document. The numbers on it are not required to be entered onto your (or your student's) tax return.  You can just not report the 1099-Q, at all, if your student-beneficiary has sufficient educational expenses, including room & board (even if he lives at home) to cover the distribution. When the box 1 amount on form 1099-Q is fully covered by expenses, TurboTax will enter nothing about the 1099-Q on the actual tax forms. But, it will prepare a 1099-Q worksheet for your records (you don’t need it). You would still have to do the math to see if there were enough expenses left over for you to claim the tuition credit. You also cannot count expenses that were paid by tax free scholarships.  
Does W2 show how much was contributed to HSA account?
I used TurboTax desktop software and submitted tax file to IRS electronically. For my tax return, I imported all trading information (include stocks and market discounted US government bond) from my ... See more...
I used TurboTax desktop software and submitted tax file to IRS electronically. For my tax return, I imported all trading information (include stocks and market discounted US government bond) from my brokerage account into TurboTax software, I did not use summary methods, so all the trading information were directly imported to form 8949 in TurboTax which were then attached to form 1040 and was filed to IRS electronically. However, after electronic filing, the TurboTax told me that I need to fill out form 8453, and mail the form 8453 and form 8949 together to IRS. This issue never happened in previous years,  why it happens this year?