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It is automatic based on your age. It is not part of your Standard Deduction. The new Senior Deduction is separate and in addition to the Standard Deduction or your Itemized Deductions on 1040 line 1... See more...
It is automatic based on your age. It is not part of your Standard Deduction. The new Senior Deduction is separate and in addition to the Standard Deduction or your Itemized Deductions on 1040 line 12e. The 6,000/12,000 senior deduction will be calculated on 1040 Schedule 1-A page 2 Part V Enhanced Deduction for Seniors which goes to 1040 line 13b with any other sch 1-A amounts. Turbo Tax automatically includes it if you qualify. If you are married you have to file a Joint return. 
For Online version You can preview the 1040 or print the whole return https://ttlc.intuit.com/community/accessing/help/how-do-i-preview-my-turbotax-online-return-before-filing/00/26160 If you are looking for the full $46,700 (34,700+12,000) it should be on 1040 line 14. What do you have on 1040 or 1040SR line 13b?
Greetings and thanks for following up. - My income is above the $150k phaseout, so the loss on my vacation rental should have transferred to line 1b of form 8582 as in the past, where the loss would... See more...
Greetings and thanks for following up. - My income is above the $150k phaseout, so the loss on my vacation rental should have transferred to line 1b of form 8582 as in the past, where the loss would be suspended and the carryover would be captured. - I did not check the two boxes associated with a Real Estate Professional, as I agree that an RE Pro could deduct the losses without regard to the passive activity loss limitations. - I did select "actively participate" although my loss should not be allowed due to income limitations.   It seems to be a glitch in the software, possibly because I started my return before the depreciation schedules were released. I tried creating a new return and it seems to be working so far.
Yep, I just had the same experience.  This is terrible TT.  Sucking your customers into unknowingly selecting a more expensive (Expert Assist) when they only want/need Basic by not providing a clear ... See more...
Yep, I just had the same experience.  This is terrible TT.  Sucking your customers into unknowingly selecting a more expensive (Expert Assist) when they only want/need Basic by not providing a clear choice at the onset is thievery, really.  Time to take a look at TaxAct, I guess, after all these years of using TT :(
I figured out my problem. I have traditional and Roth accounts with RMDs and TT only asked the required RMD amount once when adding data for the traditional. I put in the total of both since there wa... See more...
I figured out my problem. I have traditional and Roth accounts with RMDs and TT only asked the required RMD amount once when adding data for the traditional. I put in the total of both since there was nowhere else. That caused TT to think I under distributed. I changed it to the required amount for the traditional account only and all was well. Later during the final checks, TT complained it needed the required amount for the Roth (why not ask when entering the 1099?) and I added it there. All seems well now.
94 yrs old.
VolvoGirl, you have again missed the entire conversation.  I did not buy a box from Costco.  As stated, I have an annual subscription for a download desktop version of Turbo Tax Home & Business.  Tha... See more...
VolvoGirl, you have again missed the entire conversation.  I did not buy a box from Costco.  As stated, I have an annual subscription for a download desktop version of Turbo Tax Home & Business.  That package does includes ALL states software use and ONE (1) free e-filing for ONE (1) state.   Again:  One (1) state = Zero (0) Dollars $  or  1 state e-filing = $0.00 1) There is no where that Turbo Tax states that every customer buying Turbo Tax must pay a software fee of $40 for each state over and above the e-filing cost. 2) The fact is no one actually even gets the one free state e-filing fee. So, why advertise one state free e-filing if it is not honored?  Why not just state the fact that every customer will pay a total of $60 for every state filed beginning year 2026. Then from the very beginning they can chose to use a different software from another company.  If they chose to use Turbo Tax the do so knowing what it will cost them.  They will pay the initial software cost and then an addition cost for each state and another cost to actually file the return with the state.  So, a total of three charges for one return.  
If you've accidentally opened TurboTax 2024, you can search Windows for "TurboTax 2025" to re-open this year's edition. Look in the upper left corner; for example, I have "TurboTax Premier 2025" open... See more...
If you've accidentally opened TurboTax 2024, you can search Windows for "TurboTax 2025" to re-open this year's edition. Look in the upper left corner; for example, I have "TurboTax Premier 2025" open right now on my desktop.    Verify online that you purchased a valid copy of TurboTax 2025 for Windows or Mac by checking your Intuit Account: For retail & purchases made directly from TurboTax: Sign in to your Intuit Account using the same user ID you used to purchase your software. In the Products tab, locate the tile for your TurboTax Desktop product year Select Licenses and Download to view your license code   From there, you can follow these instructions to rollover your 2024 tax return: Transferring from TurboTax Desktop for Windows, H&R Block, or TaxACT Launch TurboTax 2025 and click Start a New Return (or go to File and select New Tax Return). Don't select Continue, as transferring is only available on new, empty returns. Select the Transfer Return button on the Good News! screen. You can also select Browse and in the pop-up window, select All Files (*.*) from the dropdown menu. Then browse to wherever you stored your 2024 return and select Open. Still can't find it? It might be on another computer. See this article for help in moving it to this computer. Follow any onscreen instructions. We'll give you opportunities to review, edit, or delete transferred info later on. Note: Once you've gone past the Transfer screens, you can't go back to revisit them. If you need to redo your transfer, go back to step 1 to start over with a new return. Further info: TurboTax FAQ - Transfer last year's return to TurboTax Desktop for Windows | How do I get started with TurboTax Desktop?
Got it. Thanks for the additional explanation. 
Let's try this another way. The following steps should take you to the questions and Form 8960. You should not have to do this in Forms view. Search (upper right) > Type net investment income ta... See more...
Let's try this another way. The following steps should take you to the questions and Form 8960. You should not have to do this in Forms view. Search (upper right) > Type net investment income tax > Click the Jump to.. link > Continue to answer the questions What is Form 8960: Net Investment Income Tax Review the information in the link just to confirm you are required to file it this year. @user17715453417 
My Schedule B form has an entry that appeared ffrom nowhere and I want to get rid of it
how to access my 2024 tax return
1099-S that was not my primary residence.
Where do I enter my 1099 from SSA
Continuing to show a loss on a Schedule C business could lead the IRS to deem the business a hobby and disallow the losses you are claiming.     If you did not have any income from the business f... See more...
Continuing to show a loss on a Schedule C business could lead the IRS to deem the business a hobby and disallow the losses you are claiming.     If you did not have any income from the business for 2025 and only incurred expenses, then you may want to consider 'closing' the business.  As long as you do not have any assets being depreciated under your Schedule C, then it is a simple process of not filing the Schedule C.  If you do file the Schedule C for 2025, then there is a checkbox in the Business Info section stating that you sold or disposed of your business in 2025.  Checking this box will prevent the Schedule C from carrying over to your 2026 tax return.   If you do have assets being depreciated, you will need to go into each asset entry and indicate that you stopped using it for business purposes.  TurboTax will guide you through any other steps in this section.   In the future, if you have income, you could claim it as hobby income.  However, the current tax law does not allow you to claim any expenses for hobbies.
Mine is still showing an error.  We have updated and deleted an re entered the information.  When is this update going to be pushed out?
Is there any way to fix that other than paying for human help?
Hi mesquitebean,   Thanks for your reply.   My 2025 return was prepared using Online TurboTax.   I do not want to amend my online 2025. Or experiment on my filed Online return.   Any recomme... See more...
Hi mesquitebean,   Thanks for your reply.   My 2025 return was prepared using Online TurboTax.   I do not want to amend my online 2025. Or experiment on my filed Online return.   Any recommendations for the Online TurboTax version?   Thank you.