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You may have received an automated email indicating that Form 5695 was available.  While the form has been finalized, the final software update is still being deployed, and some customers may not yet... See more...
You may have received an automated email indicating that Form 5695 was available.  While the form has been finalized, the final software update is still being deployed, and some customers may not yet see the form available in their product. The update is actively rolling out across all platforms, and full access will be available once deployment is complete.  No action is needed from you at this time.  Check again tomorrow and/or this weekend to complete filing 5695.  If you continue to see this form blocked after this weekend (1/25/26), please tell us in the replies below.  Thank you.  
why is step 3 to file and sign not coming up
The refundable part of the CTC---called additional child tax credit --- is up to a maximum of $1700 per child, but  it is based on how much income you earned by working, so if you earned only a small... See more...
The refundable part of the CTC---called additional child tax credit --- is up to a maximum of $1700 per child, but  it is based on how much income you earned by working, so if you earned only a small amount of income, you will not get the $1700 per child.   That being said---here is more information.   Make sure you have entered your child as a dependent in My Info, and that you have entered the child's Social Security number.    Careful— do not say that your child’s SSN is not valid for employment.  If your child was born in 2025 make sure you said he lived with you the whole year.  There is an oddly worded question that asks if the child paid over half their own support.  Say NO to that question.     Have you entered income from working in 2025?  If not,  you will not receive an income tax refund based on having dependent children.     The maximum amount of the child tax credit is now $2200 per child; the refundable “additional child tax credit” amount is $1700.   In order to get that credit, you have to have income from working.   Take the amount you earned from working.   Subtract $2500.   Multiply the rest by 15%.  That is the additional child tax credit per child that you can get—- up to the maximum of $1700 per child.   If the amount you earned from working was low, you will not get the full $1700 per child.    If your child is older than 16 at the end of 2025, you do not get the CTC.  But you may still get the non-refundable $500 credit for other dependents instead.   https://ttlc.intuit.com/turbotax-support/en-us/help-article/taxation/child-tax-credit/L2lNhfGDl_US_en_US?uid=m68dfq2u   https://ttlc.intuit.com/turbotax-support/en-us/help-article/taxation/additional-child-tax-credit/L6xFeMFEf_US_en_US?uid=lqnuygah https://www.irs.gov/help/ita/does-my-childdependent-qualify-for-the-child-tax-credit-or-the-credit-for-other-dependents     And for the Earned Income Credit—-   https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-credits-deductions/qualifications-earned-income-credit-eic-eitc/L7w4BFP32_US_en_US?uid=m62rmz09   https://www.irs.gov/credits-deductions/individuals/earned-income-tax-credit/use-the-eitc-assistant   https://www.irs.gov/pub/irs-pdf/p596.pdf   Look at your 2025 Form 1040 to see the child-related credits you received   PREVIEW 1040 https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-return/preview-turbotax-online-return-filing/L77WCkvnu_US_en_US?uid=m681fkhr   Child Tax Credit line 19 Credit for Other Dependents line 19 Earned Income Credit line 27 Additional Child Tax Credit line 28     AND….If you have children but had  little or no income, it raises the question of how you and the children were supported.  There may be another tax-paying adult who can claim you and/or the children as dependents.        
You may have received an automated email indicating that Form 5695 was available.  While the form has been finalized, the final software update is still being deployed, and some customers may not yet... See more...
You may have received an automated email indicating that Form 5695 was available.  While the form has been finalized, the final software update is still being deployed, and some customers may not yet see the form available in their product. The update is actively rolling out across all platforms, and full access will be available once deployment is complete.  No action is needed from you at this time.  Check again tomorrow and/or this weekend to complete filing 5695.  If you continue to see this form blocked after this weekend (1/25/26), please tell us in the replies below.  Thank you.  
Thank you for your patience....   Not sure if this is the spot to add that.  If it is, are you suggesting I enter the full amount of my pension 1099-R distribution?  And thanks for how to upload a sc... See more...
Thank you for your patience....   Not sure if this is the spot to add that.  If it is, are you suggesting I enter the full amount of my pension 1099-R distribution?  And thanks for how to upload a screenshot!  
@kwlamm1961  You added details, I hope I followed and end up the same place you did.     To be deductible, the mortgage must be secured by the property that it is used to buy or improve.  Also,... See more...
@kwlamm1961  You added details, I hope I followed and end up the same place you did.     To be deductible, the mortgage must be secured by the property that it is used to buy or improve.  Also, the mortgage must be taken out within 90 days before or after buying or improving the home.  That means that:   The interest on the HELOC for house #1 is not deductible, because it was not used to build or improve house #1.   Any mortgage you later take out on house #2 will not be deductible unless you take that loan out within 90 days of closing on house #2.  If it is more than 90 days, then any mortgage on house #2 will only be deductible to the extent that it pays for improvements to house #2.   See https://www.irs.gov/publications/p936#en_US_2025_publink1000229995    
You may have received an automated email indicating that Form 5695 was available.  While the form has been finalized, the final software update is still being deployed, and some customers may not yet... See more...
You may have received an automated email indicating that Form 5695 was available.  While the form has been finalized, the final software update is still being deployed, and some customers may not yet see the form available in their product. The update is actively rolling out across all platforms, and full access will be available once deployment is complete.  No action is needed from you at this time.  Check again tomorrow and/or this weekend to complete filing 5695.  If you continue to see this form blocked after this weekend (1/25/26), please tell us in the replies below.  Thank you.  
What section are you working on?   The energy section isn't finished yet, so check back over the weekend if you are trying to entering energy credits on Form 5695.
Cannot believe any company would suggest:   Turn off antivirus software and Windows Defender.
You may have received an automated email indicating that Form 5695 was available.  While the form has been finalized, the final software update is still being deployed, and some customers may not yet... See more...
You may have received an automated email indicating that Form 5695 was available.  While the form has been finalized, the final software update is still being deployed, and some customers may not yet see the form available in their product. The update is actively rolling out across all platforms, and full access will be available once deployment is complete.  No action is needed from you at this time.  Check again tomorrow and/or this weekend to complete filing 5695.  If you continue to see this form blocked after this weekend (1/25/26), please tell us in the replies below.  Thank you.  
It’s saying will only get $522 for the child tax credit but I have three kids. One 8 year old, a 3 year old and 2 year old so why am I not getting the $2,200 for each of them? Why am I not even getti... See more...
It’s saying will only get $522 for the child tax credit but I have three kids. One 8 year old, a 3 year old and 2 year old so why am I not getting the $2,200 for each of them? Why am I not even getting it for one of them? 
You may have received an automated email indicating that Form 5695 was available.  While the form has been finalized, the final software update is still being deployed, and some customers may not yet... See more...
You may have received an automated email indicating that Form 5695 was available.  While the form has been finalized, the final software update is still being deployed, and some customers may not yet see the form available in their product. The update is actively rolling out across all platforms, and full access will be available once deployment is complete.  No action is needed from you at this time.  Check again tomorrow and/or this weekend to complete filing 5695.  If you continue to see this form blocked after this weekend (1/25/26), please tell us in the replies below.  Thank you.  
You may have received an automated email indicating that Form 5695 was available.  While the form has been finalized, the final software update is still being deployed, and some customers may not yet... See more...
You may have received an automated email indicating that Form 5695 was available.  While the form has been finalized, the final software update is still being deployed, and some customers may not yet see the form available in their product. The update is actively rolling out across all platforms, and full access will be available once deployment is complete.  No action is needed from you at this time.  Check again tomorrow and/or this weekend to complete filing 5695.  If you continue to see this form blocked after this weekend (1/25/26), please tell us in the replies below.  Thank you.  
Yes!  You will get a 1095-A if you had healthcare through the Marketplace (the plan is an Obamacare plan).   Free or low-cost health coverage obtained through the Maryland Health Connection is consid... See more...
Yes!  You will get a 1095-A if you had healthcare through the Marketplace (the plan is an Obamacare plan).   Free or low-cost health coverage obtained through the Maryland Health Connection is considered "Obamacare" (Affordable Care Act or ACA) coverage.     You will need to include Form 8962 with your tax return, so do not file until you receive your 1095-A form in the mail.   TurboTax will walk you through entering the form and will prepare the Form 8962 for you.     Where do I enter my 1095-A?
No.    Fees paid to financial institutions for managing funds, etc. have not been deductible since about 2017.
Only the taxable portion of your Social Security is considered as "Gross Income".   As the previous answer indicated, your Social Security won't be taxable, so no, you are not required to file.   ... See more...
Only the taxable portion of your Social Security is considered as "Gross Income".   As the previous answer indicated, your Social Security won't be taxable, so no, you are not required to file.   With that being said, many people choose to voluntarily file to (a) prevent someone from filing a fraudulent tax return in your behalf and (2) start the date to begin the Statute of Limitations that the IRS can question you about something for that year.  
Box 4 has $0.00 listed    box 17 has listed $0.00    When i filled in box 17 with $0.00  turbo tax thru up a red flag telling me to delete 15 thru 17   did not say whether to uncheck  the box that sa... See more...
Box 4 has $0.00 listed    box 17 has listed $0.00    When i filled in box 17 with $0.00  turbo tax thru up a red flag telling me to delete 15 thru 17   did not say whether to uncheck  the box that says you have more info. Thank you so much for answering. 
I donated 82 shares of NIC stock to my church.  While entering the donation in Turbo Tax, it walks me through all the screens.  I entered the value of the donation using the IRS method of average dai... See more...
I donated 82 shares of NIC stock to my church.  While entering the donation in Turbo Tax, it walks me through all the screens.  I entered the value of the donation using the IRS method of average daily price on day it settled.  I chose Avg Share Price when asked what valuation method I used.   It then asked for cost basis, name of the stock, how & when acquired, etc.    The next screen then says:  Tell us how Sacred Heart Parish  will use your donated item It looks like your donation went up in value. We can use the higher value if Sacred Heart Parish Appleton used your item for something related to what the charity does. For example, if you donated art to a museum, it would be displayed in the museum. Will Sacred Heart Parish  use your donation in a way that’s related to what they do? Yes     So the text in blue above is what i am questioning.  How could I get a higher value?  Anyway, the next screen then asks about unusual situations, none of which apply.   This brings me to the screen that I am questioning: TT asks me to enter the average trading price.   Am I supposed to enter the average share price that I used for valuation?  I already told TT the total value, and the number of shares.   This screen is confusing me strictly because it comes after TT tells me my stock went up in value and I might qualify for a larger donation deduction.      So what do I enter here, and how could I possibly qualify for a higher deduction than the average trading price on the day the stock was received by the charity?   To get through the screen i simply entered the avg price on day  it settled.  It came up with the same value I had originally told TT earlier in the walk through.  There was no explanation of any kind how or why I might be able to claim a higher value.