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4 weeks ago
The “senior deduction” is added automatically by the software based on the date of birth and filing status you entered into MY INFO. You do not need to take any extra steps to enter it. (And…the new...
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The “senior deduction” is added automatically by the software based on the date of birth and filing status you entered into MY INFO. You do not need to take any extra steps to enter it. (And…the new senior deduction has nothing to do with whether you are getting Social Security)
2025 STANDARD DEDUCTION AMOUNTS
SINGLE $15,750 (65 or older/legally blind + $2000)
MARRIED FILING SEPARATELY $15,750 (65 or older/legally blind +1600)
MARRIED FILING JOINTLY $31,500 (65 or older/legally blind + $1600)
HEAD OF HOUSEHOLD $23,625 (65 or older/legally blind + $2000)
For 2025 through 2028 there is an extra deduction amount of up to $6000 per individual 65 or older filing Single, MFJ, or HOH which is phased out for taxpayers with modified adjusted gross income over $75,000 for single filers and $150,000 for joint filers.
The $6,000 senior deduction will be calculated on 1040 Schedule 1-A page 2 Part V Enhanced Deduction for Seniors which goes to 1040 line 13b. It is separate and in addition to the Standard Deduction or your Itemized Deductions on 1040 line 12e. Turbo Tax automatically includes it.
IRS Schedule 1-A https://www.irs.gov/pub/irs-dft/f1040s1a--dft.pdf
4 weeks ago
HOW CAN I DOWNGRADE TO A LOWER VERSION
https://ttlc.intuit.com/turbotax-support/en-us/help-article/change-service-level/downgrade-lower-priced-version-turbotax-online/L2IDaMvkt_US_en_US?uid=m6ilzad...
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HOW CAN I DOWNGRADE TO A LOWER VERSION
https://ttlc.intuit.com/turbotax-support/en-us/help-article/change-service-level/downgrade-lower-priced-version-turbotax-online/L2IDaMvkt_US_en_US?uid=m6ilzady
WHY DO I HAVE TO PAY? I WANT THE FREE EDITION
The information that you can enter in Free Edition is pretty limited now. Thanks to the tax laws that began for 2018 returns, there are no more simple Form 1040EZ or 1040A's. Everything goes on a Form 1040 that has three extra "schedules" with it, and if you need any of those schedules, you are not able to use the Free Edition. Using the standard deduction instead of itemizing does NOT mean you will not need any of those schedules. If you started in the Free Edition and entered any data that required any extra forms or schedules, you have to upgrade to a paid version and if you are watching the screens carefully you are alerted to the upgrade.
TurboTax Online: Important Details about Filing Simple Form 1040 Returns
If you have a simple Form 1040 return only (no forms or schedules except as needed to claim the Earned Income Tax Credit, Child Tax Credit or student loan interest), you can file for free yourself with TurboTax Free Edition, or you can file with TurboTax Live Assisted Basic at the listed price. Roughly 37% of taxpayers are eligible.
Examples of situations included in a simple Form 1040 return (assuming no added tax complexity):
W-2 income
Interest, dividends or original issue discounts (1099-INT/1099-DIV/1099-OID) that don’t require filing a Schedule B
IRS standard deduction
Earned Income Tax Credit (EITC)
Child Tax Credit (CTC)
Student loan interest deduction
Taxable qualified retirement plan distributions
Examples of situations not included in a simple Form 1040 return:
Itemized deductions claimed on Schedule A, like charitable contributions, medical expenses, mortgage interest and state and local tax deductions
Unemployment income reported on a 1099-G
Business or 1099-NEC income (often reported by those who are self-employed, gig workers or freelancers)
Stock sales (including crypto investments)
Income from rental property or property sales
Credits, deductions and income reported on other forms or schedules
How can I see my TurboTax fees?
https://ttlc.intuit.com/turbotax-support/en-us/help-article/intuit-account-billing/review-fees-turbotax-online/L1XnIzgzg_US_en_US?uid=m682vq7k
If your TurboTax fees are higher than expected, you can reduce them by removing add-ons (BEFORE you e-file) :
Remove Premium Services
Remove MAX Defend & Restore
Remove a state
Remove PLUS Help & Support
Remove Pay With Your Refund
Or—-Use this IRS site for other ways to file for free. There are 8 free software versions available from the IRS Free File site
https://apps.irs.gov/app/freeFile/
4 weeks ago
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4 weeks ago
My husband and I were both over 65 in 2025, filing jointly. I do not see the additional $6000 deductions that should be in addition to our Standard Deduction, as per the OBBB. Our Standard Deducti...
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My husband and I were both over 65 in 2025, filing jointly. I do not see the additional $6000 deductions that should be in addition to our Standard Deduction, as per the OBBB. Our Standard Deduction shows up as $34,700 ($31,500+$1600+$1600). Our income falls well beneath the $150,000 income cutoff for eligibility. Shouldn't I see an additional $12,000 income deduction somewhere? It is not obvious!
4 weeks ago
TO REMOVE TURBOTAX LIVE
https://ttlc.intuit.com/turbotax-support/en-us/help-article/intuit-subscriptions/remove-turbotax-live/L3WW5jwOM_US_en_US?uid=ma8s9fn5
4 weeks ago
I took an early withdraw from my traditional IRA to pay for my kids college tuition. Turbo tax has a place for the 1099-R but in 2025 it is NOT asking my if I took the distribution for education so ...
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I took an early withdraw from my traditional IRA to pay for my kids college tuition. Turbo tax has a place for the 1099-R but in 2025 it is NOT asking my if I took the distribution for education so I'm getting hit with a penalty. The code on the 1099 is 1 but there should be an exception rule for the college tuition exception. It asks for Rollover information and some other things but Nothing on education expenses.
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4 weeks ago
New York State does require a New York State ID or an out-of-state ID to electronically file your return. For more information you can refer to this article.
4 weeks ago
Medicare and Social Security are FICA. You do not enter your son's income on your own tax return. If no other tax was withheld -- federal tax in box 2 or state tax in box 17, he does not need to ...
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Medicare and Social Security are FICA. You do not enter your son's income on your own tax return. If no other tax was withheld -- federal tax in box 2 or state tax in box 17, he does not need to file a tax return at all.
4 weeks ago
No. I did not figure out how to tell Turbo Tax 2025 the difference between an IRA and a pension distribution. Did not have this problem in past years with Turbo Tax. Solution was H&R Block. Their...
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No. I did not figure out how to tell Turbo Tax 2025 the difference between an IRA and a pension distribution. Did not have this problem in past years with Turbo Tax. Solution was H&R Block. Their software was much clearer. Worked like a champ.
4 weeks ago
How do I stop my tax return since Turbo tax charge me way too much money
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4 weeks ago
No he doesn’t have to file a return and you don’t add it to your return. You don't have to file if you only have W2 income under 15,750 but you can file to get back any withholding taken out in b...
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No he doesn’t have to file a return and you don’t add it to your return. You don't have to file if you only have W2 income under 15,750 but you can file to get back any withholding taken out in boxes 2 or 17. But you don't get boxes 4 or 6 back. ps….FICA is the Social Security and Medicare
4 weeks ago
I started a couple small crypto accounts in 2025. My activities in both apps only included: Purchasing crypto with USD (US Dollars) Receiving small rewards for using the crypto app. Where must I...
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I started a couple small crypto accounts in 2025. My activities in both apps only included: Purchasing crypto with USD (US Dollars) Receiving small rewards for using the crypto app. Where must I input this on my 2025 Federal and California returns? Thanks!
4 weeks ago
Thanks for replying. It is very helpful. When looking over tax returns (1040), what line is for itemized and for standard deduction. There is a rectangular box with the standard deduction amounts tha...
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Thanks for replying. It is very helpful. When looking over tax returns (1040), what line is for itemized and for standard deduction. There is a rectangular box with the standard deduction amounts that correlate with a line -say line 12- and on that line is the standard deduction amount that I claimed. I have always claimed the standard deduction, but you mention line 5b...is that for itemized deductions?
4 weeks ago
Thanks The entry shows "revisit" When I select revisit, nothing happens and the prior view opens. There is no page to enter the SSA information.
4 weeks ago
Hi, The problem I am having is that I have itemized my Federal return using some of my gambling losses, which exceeds the standard deduction, however it didn't transfer over to the NYS return. T...
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Hi, The problem I am having is that I have itemized my Federal return using some of my gambling losses, which exceeds the standard deduction, however it didn't transfer over to the NYS return. The NYS is set to using the standard deduction and I can't change it to itemized. How do I fix this so that I can itemize my state return as well.
4 weeks ago
My College student had a small job over the summer and earned $170 they only deducted Medicare and Social Security but no FICA. Someone told me just to file the$170 as part of my return but I am not ...
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My College student had a small job over the summer and earned $170 they only deducted Medicare and Social Security but no FICA. Someone told me just to file the$170 as part of my return but I am not sure where I can fit it into my return? What do you recommend?
4 weeks ago
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4 weeks ago
I cannot find that option that existed for the past 15 years.
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4 weeks ago
Sorry---downgrading also means starting over.
TO REMOVE TURBOTAX LIVE
https://ttlc.intuit.com/turbotax-support/en-us/help-article/intuit-subscriptions/remove-turbotax-live/L3WW5jwOM_US_en...
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Sorry---downgrading also means starting over.
TO REMOVE TURBOTAX LIVE
https://ttlc.intuit.com/turbotax-support/en-us/help-article/intuit-subscriptions/remove-turbotax-live/L3WW5jwOM_US_en_US?uid=ma8s9fn5