All Posts

Although Form 4547 Trump Account Election(s) is available currently in the desktop version of TurboTax, it is not clear at this time when and if it can be e-filed with your return. As far at the Dell grant is concerned, there is no mention of it in the IRS instructions to Form 4547. So, it is unclear how the filing of Form 4547 will impact your eligibility for that grant. Since the program does not commence until July of 2026, I am sure there will be further guidance in procedures to establish your Trump Savings account and apply for the related Dell Grant by the IRS and in TurboTax in the near future.

If your state pending date got changed, that is not unusual. It does not mean anything is wrong. State Departments of Revenue often process returns at different times than the IRS, particularly when it is early in the tax season, or due to high volumes of returns or backlogs.

Thanks for your input.  But your answer is not directed to my question, namely my 2025 TurboTax desktop program will not allow me to enter short and long term mutual funds capital gains, but it allows only the TOTAL GAINS to be inputted.  Tried numerous times to get the descriptive dialog box to open, without success.  Any suggestions?  Followed steps provided by Intuit without success.

 If you are filing married filing separately you do not get the senior deduction.    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       @Dejavu159

UPDATE: I spoke with tech support again and they are allegedly escalating my issue to a supervisor. I asked for a call back when the issue is resolved, but we shall see... Related, Turbo Tax shows that Form 5695 is live and working for e-file per their tax form availability webpage: https://form-status.app.intuit.com/tax-forms-availability/formsavailability

I will answer my own question, since I figured it out. If you've already filed a state return, then just click on the option to Amend you return. Basically, you have to be actively editing a return in order to get this "Print Center." Once you click the Amend, you can get the Print Center option on the left and it will let you select Government Forms and Worksheets.

Thank you. I had seen something like this on the IRS webpage but wasn’t entirely sure which category some of the listed items fit in (for example if the lenders title insurance policy can be deducted in addition to owner’s). 

  Am I Head of Household?   https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-filing-status/qualify-head-household-2021/L0NxUtVc2_US_en_US?uid=m5x19jkx What is a "qualifying person" for Head of Household?   If you qualify as Head of Household, when you enter your marital status (single or married filing separately) into MyInfo, and then enter your qualifying dependent, TurboTax will offer HOH as your filing status.       https://ttlc.intuit.com/turbotax-support/en-us/help-article/taxation/married-person-claim-head-household-filing-status/L078u1RSW_US_en_US?uid=m62dkc4a